Visualize - as I have stated prior - if you are in MARK just for day to day, SELL and be done with it. Long term, IMO, there will be great returns. I look forward to March earnings which will be the first time we can all tell from formal documents. filings etc, how the company is doing for the first time since its VDC acquisition.
* $50M plus revenue company is what earnings inMarch will probably show.
* We already know what VDC historic revenue is. CFO stated publicly that Sharecare asset currently its biggest.
* These two alone point to a higher market cap than $4 per share.
* I agree $4 SP is ridiculous.
* I agree the lack of SP movement up is ridiculous.
* But I also agree that the current market is ridiculous. The last month has been truly awful across the board not just MARK.
*What is also clear is that there is a consistent buyer accumulating. Otherwise we would be at $3 or $3.50
* Looking forward to earnings in March.
disagree Visualize. Watch to the CFO's presentation at last investor event - you can see video on the website. There is a very good update re Kankan. We will see plenty of results IMO. I am only sharing my perspective. I believe my MARK investment will make me rich. Very rich. GLTY and GLTA
Hey Visualize I know you are long and frustrated. My comments on this board are just my perspective. I do spend much time continually researching MARK as it is one of major long positions. Again I do feel things are going on - more so than before. There has to be given the increased momentum. Here are some of the reasons - as always one tries to piece the puzzle together best that I can.
1. We know MARK acquired VDC at a great valuation - less than 1x revenue. Company is now approx $50M in rev.
2. The company (CEO & CFO) at the last two/three investor conferences have been bullish on how VDC is progressing - I listened to each of them.
3. I deduce from that some obvious stuff:
(A) OPEX has improved by virtue of ex CEO and some of his direct reports probably no longer there
(B) Top line improvements in converting more visitors to more customers leveraging common industry techniques that VDC was not leveraging prior to the acquisition - again leadership has talked to this at the investor conferences
(C) A partnership deal with Lyft was announced. This significance of this is that now the scene has been set for partnerships to be announced. This is an incremental and new revenue stream. No idea how to quantify it
(D) In Vegas more $$$ are generated from non-gambling than gambling. Vegas is a huge attraction for 18-24 year old demographic. It would not surprise me if MARK are looking to leverage their huge unique web site visitor traffic to launch new revenue generating initiatives.
(E) For the first time that I can ever recall the company stated in late 2015 that they would monetize Sharecare in 2016
(F) In just the last conference the CFO (and you can listen to it - its on MARK's website in Investor section) stated that Sharecare is the company's biggest asset. Well we know VDC was purchased for $37M. So Sharecare is worth more than that. The question is how does the company know this already to make such a public statement?
you correct the SP went from $9 to $4.25. Wrt no action and hot air: The company bought VDC for less than 1 x revenue. Company is now a circa $50M revenue company with critical mass and many new opportunities in the 18-34 year old demographic market . If you define that as hot air good for you. I have no desire to be rude but if you feel management is poor get out or short MARK. GLTY
It's in the Investor section of company' website. Many things were covered. Very interesting I thought.
One highlight just for now: The CFO stated that the Sharecare asset is the biggest. The company acquired VDC for $37M. So the CFO is essentially stating the value of its Sharecare holding exceeds that.
The company has also stated that it expects to monetize sharecare holding in 2016. I wonder how close they are ?
Dude - if you feel that company is poorly run then sell. Owning stock in MARK or anything else is not a prison sentence. GLTY
Live stream available
anybody know what was presented, feedback, questions etc ??
Awesome stuff digm.geo ! Your estimate around timing of these ?
BBRY should not be dismissed in the context of this sharecare announcement. BBRY is a $4.1Bn company whose vast majority of business is with govt and pseudo govt bodies. The reason govt's still use BBRY? It is secure. This is an impressive announcement.
Interesting commentary although I do not recall posting anything about any press releases. That said if the company definitively knew that Pepsi was doing something new with existing product (eg s617), or renewing an agreement or similar there would have to be disclosures as this would likely be material news.
Furthermore I do agree Pepsi is very conservative. All that said, I am still puzzled why the stock is so low (nothing to do with the market IMO)
John Poyhonen (CEO)
Well, starting with the question Serge, yes, we obviously listened to the PepsiCo earnings call every quarter. And we were very excited to hear in the Q&A period their CEO and Chairman Indra Nooyi referenced two products that include Sweetmyx S617. I really can’t get into any details regarding what their future plans may be. I think that the one thing that we’ve talked about in the past is that PepsiCo continues to evaluate other products and other markets. And we’re hopeful that those results and product launches in the future.
We think that we’ve got a pretty good method here now of how we communicate from a disclosure standpoint. And hopefully we’ll be using the same method on a go-forward basis. So, I can’t give you any specifics other than the fact that they continue to do product development work and we’re looking forward to hearing feedback under initial launches.
the chart does not look great but fundamentals have nit changed much. If anything it looks like fundamentals may be improving. Difficult to understand who would be selling down here. I bought more recently ....hopefully I am on the right track. Penny for anybody's thoughts ?