@pegfan1960 You don't have a CLUE how big is BABA, when the share price is trading at over $200 by February 15.. you wish you had covered those few short shares earlier. Keep on holding your position and sweet dreams.
Sentiment: Strong Buy
Take it anyway you want...If you have made a good profit with AMZN in the last few year or so now it's time to sell before the big drop and buy ALIBABA (BABA) to double your money in few months. Believe it or not!
The Financial Media hasn't picked up yet on the potential future success of Fiat Chrysler Automobiles
(FCAU) once the stock reach a certain upper % of share value, it will be allover the financial media. For now I will keep accumulating as much as I can afford. There's no 100% guarantee...I'm just a believer. ;-)
TAKE NOTE: "At the time, Ferrari on its own was expected to fetch a $7 billion market cap"
So, in 2011 in the midst of recession they valued Ferrari at $7b after Inflation and a better near future economic outcome and new business model from Sergio M. Ferrari has to be worth at least $10 billions.
CONT....This isn't the first time a Ferrari IPO has been explored. Back in 2011, in the wake of the economic collapse and bailout of General Motors, FIAT briefly toyed with the idea of spinning Ferrari off. At the time, Ferrari on its own was expected to fetch a $7 billion market cap.
Assuming that number is still the right ballpark, Piero's stake will be worth $700 million. When you combine that with the fortune he already has from 25 years worth of Ferrari dividends, Piero will be tapping on a billion dollar net worth. For some comparisons, in 2013 Porsche generated $17 billion worth of revenue and $2.55 billion worth of profit. Porsche is owned by Volkswagen. Lamborghini generated $630 million in revenue in 2013 which resulted in a loss of roughly $25 million for the company. Lamborghini is owned by Audi.
So will you be lining up to buy a piece of Ferrari at the IPO? I definitely will be! This is sort of a dream come true for me. I have been obsessed with Ferraris since I was a little kid. On a family trip to Europe in 8th grade, I refused to get on the plane unless we scheduled a day trip to Maranello. And Maranello isn't exactly easy to get to. If you dont have a car, you need to take two different trains and a long public bus ride. The day we went, it was raining cats and dogs. But if you ever get to make a trip to Maranello, I highly recommend eating lunch at the restaurant directly across the street from the factory. It is still to this day the best pasta I've ever had in my life.
Ferrari Is Going Public! – Everything You Need To Know About This Exciting Announcement
By Brian Warner on October 29, 2014
Do you love Ferraris? Do you dream of owning one (or several) Ferraris someday, but worry that you'll never be able to afford the base sticker price? Well, I have some good news! Pretty soon, all of us out there who can't afford an actual Ferrari will be able to do the next best thing: Own a small piece of Ferrari, the company. How is that possible? Earlier this morning FIAT-Chrysler rocked the automobile industry by announcing their intentions to spinoff Ferrari as its own publicly traded company with an IPO that is expected very soon. I realize that owning Ferrari stock isn't exactly as exciting as owning one of their gorgeous cars, but if you get in at a good price, maybe someday your shares will be valuable enough to trade in for the latest model! Or models, plural Here's everything you need to know about Ferrari going public…
Up until a few months ago, Ferrari had always stuck to a strict production limit of 7,000 cars, every year. This limit was in place to ensure that demand always far outweighed supply, even in a bad economy. At the behest of FIAT, last month it was announced that this year Ferrari will raise their production limit by 5%. That's an extra 350 cars per year. As a public company, FIAT has intimated that they may ultimately raise the production number to 10,000.
In 2013, Ferrari generated approximately $3.2 billion in revenue and profits of around $460 million.
As we mentioned earlier, Ferrari is 90% by FIAT and 10% owned by Piero Ferrari. When the company goes public, FIAT is planning on offering 10% of its Ferrari shares to the general public. FIAT will distribute its other 80% stake to current FIAT-Chrysler shareholders. No word yet on if Piero plans on selling any of his stake. The IPO will take place at some point in 2015 and the shares are likely to be listed on an American exchange like the NYSE. FIAT-Chrysler
I do know what you are saying but lets put this on paper...as of today Fiat Auto Group) (FCAU) is trading with a Market Cap. Of $13 Billions, according to wall street analyst Ferrari has a market value of 10 to 12 billions, If this is the case Wall St. is valuing the combined rest of Fiat, Chrysler, Maserati and Alfa Romeo and plus to a miserable value of $2 to $3 billions. No WAY!!!
Alibaba's first post-IPO report shows revenue surge
1 hour ago
"The company reported earnings excluding items of 45 cents a share, matching estimates, on revenue of $2.74 billion.
Analysts polled by Reuters had expected the firm to post revenue of $2.61 billion.
The company said gross merchandise volume in the quarter rose 49 percent from the year-earlier period. GMV in the previous two quarters grew 46 percent and 45 percent.Annual active buyers climbed to 307 million from 279 million a year ago.Alibaba reported 217 million monthly active users on its mobile commerce apps, including the Mobile Taobao App, up from 188 million mobile users reported in June. The company is spending more money to attract those users. Sales and marketing expenses increased to $285 million, or 10.4 percent of revenues. That is up from about 6 percent of revenues in the year-ago period. Alibaba attributed the increase to tactical advertising and promotional spending.General and administrative costs also increased to 11.6 percent of revenue from 7.2 percent in the same quarter of 2013. The firm's IPO on the New York Stock Exchange in September was the biggest of its kind at more than $25 billion ."
Sentiment: Strong Buy
Do not let the market scare you...if the DOW escalate going to 18000 FCAU will be trading @ over $16 by year end.
FCAU has about 1.2 billion shares outstanding, If Ferrari is worth $10 billion,...If i'm correct existing FCAU shareholders will get at least 80 to 90% of Ferrari stocks, this is another $7 to $9 added to the going price.It means FCAU should be trading about $18 to $20 when the facts of the spin off is more clear.
The knowledgeable investor that is buying BABA and YHOO think with a logical approach, as you know Wall street doesn't use logic, it will take a while for the street to realize the huge potential in YHOO and BABA and they're already make money vs AMAZON.
and buy BABA the only way to go for 2015 to double your money.
"Fiat Chrysler Automobiles N.V. (NYSE: FCAU) actually improved its market share in Russia, rising from a minuscule 0.5% last year to 0.7% in September 2014. Sales of the company’s Jeep brand are up 13.4%, but the numbers are very small: from 598 units a year ago to 678 units this year. Year to date, market share is up 21.4%, but again, on very small numbers."
Sentiment: Strong Buy
This is huge...the end of the PETRO dollar is in the cards no more wars no more $$$ to finance terror! That would be wonderful!
Reuters By Andrea Shalal
4 hours ago
WASHINGTON (Reuters) - Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade."
Sentiment: Strong Buy
By Tiernan Ray
Shares of Yahoo! (YHOO) are down 92 cents, or 2.3%, at $38.69, amidst a broad market decline, despite a positive view this morning from Colin Gillis of BGC Partners, who raised his rating on the stock to Buy from Hold, with a $50 price target, reflecting the value embedded in the stock of the company’s 16% holding in Alibaba Group Holding (BABA) since the latter’s IPO last month.
Gillis sees “an increasing probability that the remaining assets are monetized in a more efficient manner with regards to tax liability.”
Here’s Gillis’s math:
With an asset base that includes a 16% stake in Alibaba worth $35.1 billion, a 35% stake in Yahoo Japan worth $7.4 billion, and our estimate of $9 billion in cash (includes the recent BABA IPO proceeds), the company has $51.5 billion in assets excluding tax liability and liquidity discounts. Using our 1.4 billion estimate for 2015 EBITDA, and assigning a 5x multiple – a valuation that reflects the myriad of problems with the business, assigns a value to the core of $7 billion. We see the potential tax liability as the wild card variable that could represent up to $15 billion of liability. This gives us a lower end valuation of $43.5 billion (full tax liability) and a higher end valuation of $58.5 billion (no tax liability). Our $50 price target sits in the middle of the range.
In addition, he suggests that there are “advantages that Alibaba may be able to garner by acquiring Yahoo!” and suggest that “If this type of transaction happens, we see that a time frame of next summer makes sense as the one year lockup that Yahoo has entered with regards to its Alibaba stake nears expiration. Plus, Alibaba will have posted a few quarters of results as a public company.”
If no acquisition were to happen at the hands of Alibaba, “we also support a combination with AOL (AOL) as outlined in the recent letter by Jeffrey Smith of Starboard Value LP” two weeks ago, he writes.
For the quarterly earnings report coming up on October 21st, Gillis is modeling $1.04 billion in revenue and 32 cents EPS. That compares to consensus for $1.047 billion and 31 cents.