To many little small fish at 52 weeks High. Who bought today gonna get burn.
Sentiment: Strong Sell
ESP will be missed by 4 cents.
Rev will be missed by $30 Million
You tell me where will the stock heading with these forecast.
Debt has interest, liability in payable doesn't has interest. So they are totally different. The new receivable could be used to pay for the past payable liability. If the total of new receivable is greater than the payable, then the extra will add up to the cash balance, and this is the benefit that Groupon has been enjoying for the past 3 years.
With over $1 Billion cash ( free interest) Groupon can invest in Credit Card for example. Let say 20% annual return, within 5 years this $1 Billion will become $2 Billion, inwhich $1Billion will become Groupon Cash that can be add to balance sheet.
Sentiment: Strong Buy
This confirms his growth projection for Q4 still valid. Good news keep coming, Groupon Stock keep climbing up. I am holding strong since it's at the bottom.
Sentiment: Strong Buy
Oct 2012 has 4 weekends compare to 2011 had 5 weekends. The number will be Negative Growth. Plus economy is slowing down in China, plus Wynn market share decline due to new Galaxy and Sand casinos in Cotai.
During the call, I beleive they said they have $500M Cash in Vegas and $1.4B Cash in Macao. Total is $1.9B. Not $2.7 B as someone stated above.
Everybody knows China is slowing down and will be slowing down for quite awhile. Beside other Casinos are taking away Wynn's customers. Just look at Galaxy, their rev up 46% while Wynn decrease 4.9% in Macao yoy.
Without redemption adj Eps is $1.48
I guess that $8 special div is a bait to average out bad Earning number. They will make you cut loss b4 you can get that bait.
Rev reported $1.3 B missed Est $1.31 B
Net Income $112 M, 12% down from $127M same period last year
Without Okada redemption Actual ESP is $0.92 or Adj EPS $1.30 still Missed $1.34 Estimate
With redemption in place Actual ESP is $1.11 or Adjusted EPS $.34
I do not know if this redemption is legimate or not because Okada still fights for his shares in court, this case still pending.
Since the case is still unsettled, I consider that Wynn missed both REV and EPS this quarter.
You, shorts sellers, should short Yelp instead. Groupon is a rising star. You shorted wrong stock, specially at this level.
Do you know how to evaluate a company? Market Cap should be at least 10X Revenue. GRPN market cap should be at $16B.
$15-$18 per share is still a low estimate.
Short seller should close the position before it is too late.
Only 35 million shares was offered on the IPO out of 635 million shares is a small portion for a small group of player. Half of 35 million shares were Shorted.
The current pps does not represent the whole 635 million shares.
Wait until June 1st for the Revaluation as a whole when all the shares unlock for BIG PLAYERS.
Google once offered $6B at Rev. $300 million. Now GRPN makes $1.6B in Rev. plus high future grow.
I suggest short sellers should close their position before too late.