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Synta Pharmaceuticals Corp. (SNTA) Message Board

laonda32 7 posts  |  Last Activity: Sep 9, 2014 5:20 PM Member since: Jan 16, 2004
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  • Reply to

    Conference summary pt 1

    by gord111738 Sep 9, 2014 1:45 PM
    laonda32 laonda32 Sep 9, 2014 5:20 PM Flag

    thx for the summarization; highly appreciated

  • laonda32 laonda32 Sep 9, 2014 2:41 PM Flag

    But as WeChat has seemingly plateaued at about 650-700 million registered users in China, Weibo has seen "an increase in users and user engagement levels," Hou said. That includes 1.6 billion download times as of Aug. 12, which represents growth of 84% since the start of the year, she said.

    The company is engaging with TV shows to expand its visibility, Hou said, and driving advertising growth by adding more key advertiser accounts.

    "Due to Weibo's ability to push precision advertising to its wide user base ... the company is better positioned to help key accounts to conduct specific marketing campaigns to reach the intended users," she wrote.

    In Q2, Weibo posted revenue of $77.3 million, up 105% on rising advertising and marketing revenue.

    But costs and expenses rose 80%, to $84.1 million, during the quarter. For Q2, Weibo reported a net loss per share ex items of 3 cents, compared with an 8-cent loss in the year-earlier quarter.

    For the current quarter, Weibo sees revenue of $79 million and $82 million. Analysts polled by Thompson Reuters are expecting $81.7 million.

  • Weibo Seen Handling Growth Worries, Analyst Initiates Coverage

    Recent IPO Weibo's (NASDAQ:WB) stock rose Tuesday after T.H. Capital initiated coverage of the company with a buy rating, saying user growth worries have eased.

    The firm set a price target of 24 on Weibo stock.

    Weibo runs a Chinese-language microblogging social network, much like Twitter (NYSE:TWTR)or Facebook (NASDAQ:FB).

    Weibo — 'microblog' in Chinese — was spun off by Chinese Web portal Sina (NASDAQ:SINA), which reduced its stake in the company to 56% from 78% but retained about 80% of voting power. China Internet powerhouse Alibaba Group (NYSE:BABA), expected to debut on the U.S. stock market next week, is Weibo's second-largest shareholder, with a 32% stake.

    Weibo stock was up nearly 8% in afternoon trading in the stock market today, near 21.50.

    Weibo stock debuted at 17 in its April 17 IPO and touched its all-time high that day, at 24.48. Investor concerns over Weibo's user growth and potential for monetization have weighed on the stock since then.

    "At this point, we believe these two issues are being addressed, and as such the revenue potential can be realized in the near future," wrote T.H. Capital analyst Tian Hou in her initiation report Tuesday.

    In Q2, the social media service reported that its monthly active users rose 30% from a year earlier, to 156.5 million.

    "Weibo's popularity stems from its ability to offer people in China a platform to openly voice their opinions as well as to promote social interactions in a government controlled media," Hou said. "While other companies also launched their own Weibo (microblogging) service, Sina's Weibo was the only one that users really embraced."

    The microblog has encountered challenges, including competition from Tencent's rival WeChat and "the shutdown of many big verified Weibo accounts, most of whom were opinion influencers," as part of a Chinese government cleanup campaign, Hou wrote.

  • Reply to

    All Shorts Front And Center

    by rockstudricky Aug 3, 2014 8:21 AM
    laonda32 laonda32 Aug 11, 2014 5:42 AM Flag

    nice call:

    2) let's just assume that there is a partnership/buyout on August 11, only you know where you stand as far as how much you will be losing if this happens. If it were me, I would beg, steal, or borrow to cover. The very least you could do is try to balance the books a little by purchasing some shares to ease the pain a little.

  • laonda32 by laonda32 Jul 29, 2014 4:26 AM Flag

    More IC vendors to engage in merger or acquisition deals
    Cage Chao, Taipei; Steve Shen, DIGITIMES [Friday 25 July 2014]

    Following the recent announcement of the planned merger between FocalTech Systems and Orise Technology, more Taiwan-based touchscreen controller and LCD driver IC vendors are likely to be involved in merger or acquisition deals, according to industry sources. FocalTech will take over the management of Orise scheduled on January 2015, but the survivor company will continue to use Orise's name for a while after the merger.

    Raydium Semiconductor has been indicated to be a target for acquisition as its parent company, the AU Optronics (AUO) Group, has said that it will actively release its holdings in non-core business units in 2014. AUO also holds a minor stake in Orise.
    A number of companies, including Elan Microelectronics, Novatek Microelectronics and Himax Technologies, have been indicated as potential buyers for Raydium, the sources noted.

    Elan aims to land touchscreen controller chip orders from AUO through acquisition of Raydium, while ramping up its revenues to over NT$10 billion (US$333.44 million) a year, the sources remarked. But other sources indicated that Raydium, which has been performing well in recent years, has an intention to acquire touch-controller vendor Egalax-empia Technology (EETI).

  • Reply to


    by daytradinghillbilly Jul 3, 2014 8:22 AM
    laonda32 laonda32 Jul 3, 2014 9:13 AM Flag

    any updates?

  • Reply to

    Weak finish.

    by kingfarouk8 Jun 27, 2014 4:06 PM
    laonda32 laonda32 Jun 30, 2014 11:00 AM Flag

    and weak start also :(

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