Great post Triangle. Good stuff. I use Sunrise calendar and it is a great app. Microsoft could definitely be sniffing around Yahoo.
In my opinion, the parts of Yahoo are:
Core operating Business (includes assets like real estate)
Put whatever value on those you like.
Looks like Yahoo will NOT get the Safari deal. but lets see if Mayer can do something good over the next 6 months.
Seems logical. Not sure what's going to happen, but certainly Yahoo is undervalued.
There seems to be something happening behind the scenes between Yahoo, Yahoo Japan and Alibaba.
I just saw the news now!!!! There is something going on behind the scenes here folks. It's BIG. It's gotta be BIG!
Yahoo Japan (4689.Japan) will team up with Alibaba Group (BABA) to expand into China’s e-commerce market.
Yahoo Japan, a joint venture between Softbank (9984.Japan) and Yahoo! (YHOO), is the third largest e-commerce in Japan. The company will help Japanese companies sell cosmetics, baby products and other household items on Alibaba’s B2C Tmall, starting as early as the summer, the Nikkei reported this morning.
This is a very cozy partnership. Just like Yahoo Japan, Alibaba counts Softbank and Yahoo! as its two major shareholders.
Shares of Yahoo Japan jumped 5.8% this morning, outperforming the Nikkei 225‘s 0.3% gain. Softbank rose 1.2%
Scott, I like your thinking. If Apple is going to partner with BABA, why wouldn't Cook want to buy Yahoo and just keep the Alibaba stock for the long term.
Over the next five years, BABA will probably double in price, or more, and Cook will look like a genius.
Goldman says "Hey Mariss, how many shares this month?"
Mayer: "Not sure, gonna have another big party, might be a million."
Goldman: "Darnit. I'm never going to get the stock down below 938 million shares with all your selling."
I agree with you. Why the heck such silence. What the heck is Yahoo doing?? They should at least announce some new product enhancements or partnerships, etc.
We still have not heard about the Apple Safari search deal. I wonder when that announcement is going to come.
The only good thing right now is that just about EVERYTHING related to Yahoo is negative. Not many people have anything positive to say about YAhoo except for its BABA stake. I think downside risk is low and upside could be very high.
Maybe Mayer's silence is because there are some really good things happening behind the scenes. Although I doubt it.
"Who wouldn't pay 6B for the core of Yahoo? "
THat's such a low number that you'd probably see MANY companies interested. It will most likely be $10 billion.