Yahoo's management should be making decisions that maximize shareholder value. While Facebook and Twitter have jumped, Yahoo's stock remains stagnant despite being priced far below potential. We need buyout talks or activist involvement to push the price much higher. Wall Street is worried Mayer's M&A strategies will not pay off. I do support Jackson's suggestion to return majority of Ali IPO fund to shareholders and sell Yahoo core to a US company.
She knew the earning reports ahead of the time and still put the maximum effort to broadcast the earning date to the investment community. She is on purpose to misleading the shareholders.
Do you have any reports to prove Z3 sales were poor in Jakata recently?
I went through google search "National Health Service Adapts BES10" found the articel. Good luck.
Hoping the sleeping case was so simple, due to oversleep. I believe she had assistant with her to Cannes. Why no one remind her to go to the party? There is a special interest group trying to get Yahoo shares as low as possible, just before Ali IPO.
As Alibaba’s upcoming listing nears, many analysts and brokerages are coming up with their own estimates of how much the Chinese e-commerce giant’s initial public offering might actually be worth.
The latest is from Morningstar, which puts Alibaba’s equity value at $220 billion and expects the Chinese e-commerce giant’s IPO to raise $26 billion.
At that price, it would make it the biggest IPO in history to top Agricultural Bank of China 601288.SH +0.40%’s record $22.1 billion offering in Shanghai and Hong Kong in 2010, according to Dealogic, which tracks IPO data. It would also top the U.S.’s largest IPO to date–Visa’s $19.7 billion offering in 2008—as well as the top tech IPO in the U.S. – Facebook FB +1.35%’s $16 billion offering in 2012. Morning Star said its IPO estimate is based on media reports that Alibaba is likely to offer 12% of its stock in the IPO.
The estimates are no doubt on the bullish side. Sanford C. Bernstein put Alibaba’s valuation at $230 billion in late May, lower than its previous estimate of $245 billion before Alibaba filed its first IPO document in early May.
Morningstar analysts wrote in a report this week that Alibaba’s shopping sites are well-positioned to benefit from the market’s growth in part because they have powerful “network effects” — millions of sellers keep attracting hundreds of millions of shoppers, which in turn attracts more sellers and makes the sites even more dominant.
The report also said that China’s nascent e-commerce market has plenty of room for growth, citing expectations that the country’s middle class population – with annual incomes between $10,000 and $60,000 – will double to about 600 million by 2020.
All of those points – the prospects for China’s e-commerce market and Alibaba’s dominance – are similar to those emphasized by other analysts who are also bullish on Alibaba’s IPO.
“We believe Alibaba’s IPO should be on the radar screens for investors seeking exposure to China’s emerging middle-class consumers as well as its e-commerce, technology, and logistics industries,” it said. Morningstar expects Alibaba to price its IPO in early August.
Morningstar also predicted that Alibaba’s operating margins will expand from 47.5% to 49.4% over the next five years.
Still, some investors and analysts have questioned whether Alibaba’s high profit margins are sustainable, especially when more of Alibaba’s e-commerce transactions migrate to mobile devices from personal computers.
The shift to mobile e-commerce could put pressure on Alibaba’s margins because making money through advertising and other services targeting mobile devices has so far proven more difficult compared to the traditional business model for PCs.
In its amended IPO filing released this month, Alibaba conceded that the rising cost of promoting mobile e-commerce was a factor behind the decline in its operating margin to 45.3% in the quarter ended March 31 from 51.3% a year earlier.
Still, Morningstar’s report focuses on the positive aspect of the shift to mobile.
“In our view, increased usage of mobile devices in China will make access to the Internet even more convenient, which should drive higher online shopper engagement over a longer horizon,” the report said.
Last week, a U.S. government group released a report warning that investors face “major risks” if they buy shares of Chinese companies like Alibaba, taking aim at the legal structure underpinning Alibaba.
Alibaba IPO could be coming sooner than expected. Early Aug. but not Aug. 8, 2014.
I put two times of this news and all delected by Yahoo Message Board editor. Is this topics so sentive for Yahoo Management concern?
The following article wil explain what we need to know:
The U.S. Securities and Exchange Commission (SEC) requires that most companies making an initial public offering (IPO) complete a registration statement. The SEC then imposes a "quiet period," also known as a "waiting" or "cooling-off" period, that extends from the time the company files a registration statement until the statement is approved by the SEC and becomes effective. Typically, the quiet period lasts from 40 to 90 days. The quiet period limits what a company and it's affiliates may disclose to the public regarding the future of the company and the nature of the offering.