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NetEase, Inc. (NTES)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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475.54-8.74 (-1.80%)
As of 1:37PM EDT. Market open.
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  • J
    Don't touch it. It's super abrasive. Long term bullish on $WIMI
  • A
    Second Quarter 2020 Financial Highlights
    • Net revenues were RMB18.2 billion ( US$2.6 billion ), an increase of 25.9% compared with the second quarter of 2019. 
- Online game services net revenues were RMB13.8 billion ( US$2.0 billion ), an increase of 20.9% compared with the second quarter of 2019. 
- Youdao net revenues were RMB623.3 million ( US$88.2 million ), an increase of 93.1% compared with the second quarter of 2019. 
- Innovative businesses and others net revenues were RMB3.7 billion ( US$528.4 million ), an increase of 38.7% compared with the second quarter of 2019.
    • Gross profit was RMB9.8 billion ( US$1.4 billion ), an increase of 26.6% compared with the second quarter of 2019.
  • J
    ...this thing is begging for a forward split.....
  • z
    Alipay's cooperation with Netease Cloud Music will definitely boost corresponding revenue, stay tune for a robust quarterly report next week, trade accordingly
  • A
    This company doing very well
    Tomorrow will beat easy
    Will be 700-1000 end of the year
  • B
    Good company with a dividend
  • W
    $JD conversation
    NTES's IPO details were out today.

    1 x 9999.hk ADS (100 ordinary shares) = 4 NTES (25 ordinary shares) Nasdaq ADS share. These shares will be transferable between Nasdaq and HKSE (as I had explained few days ago)

    They have also set a guiding price of HKD126, so it works out to be roughly $405 Nasdaq price, a rough 1% premium on yesterday's closing. (((HKD126 X 100)/4)/7.75)

    This also meant that it will be listed as HKD12.7k. Not exactly a most consumer friendly price.

    3% are allocated for public balloting while 97% are for "international offering".

    My opinion - the HKD12.7k is a head scratcher. But perhaps they are only interested in institutional buyers.

    The price premium augurs well for JD listing. I had thought that both NTES and JD would be offering at discount but apparently, the interests have been a lot higher.

    Reminder: When BABA listed on HKEX, it was ~$170 then and it rose to $200 after IPO.

  • M
    Dipped the toe in with a purchase of 50 shares at $200. Feeling this must be near the bottom with a lot of upside from here.
  • p
    No one here? NTES just announced good quarterly results.
  • b
    If you’re looking for a short and sweet guide to the day’s biggest news, I recommend http://tradenow.xyz. They breakdown the most important pre-market news and it only takes a few minutes to read.
  • A
    So...do we like these results?
  • R
    Good Morning while the EPS was a blow out, Rev was a disappointment and I don't think the regular dividend we just received and will be maintained. I am delighted about the special dividend as I had said we should be entitled to about a month ago from the fire sale of assets.

    Conference call for those of you that did not listen too was hard to follow and while they seemed positive on upcoming games coming out next month I think they need something more. I found the call flat and lacking what the next course of action will be. The div and new buy back will keep a floor on the stock so that will frustrate the shorts. Only time will tell what their next course of action will be I would stay the course. Trade negotiations should not have real effect of the business (don't think there will EVER be a trade deal) they just get caught up because of their nationality. Good luck to us longs.
  • H
    Netease is not just a China play, but a global play now.

    Netease had expanded its two hot games to a lot of more countries now and they are growing like wild fire.

    The game HY.163 is called Knives Out in English. This game is still in Beta in China. But it is already been released in Japan, Taiwan, Hong Kong, and Thailand. This game is currently the number 3 ranked game in Japan, number 1 in Taiwan and Hong Kong, and number 8 in Thailand.

    The game T2.163 is called Rules of Survival in English. It is been released in a lot more countries in the world. But many to name. But I will just give the ranking to the more important countries. This game is currently number 1 in United States, 1st in Australia, 9th in Brazil, 1st in Canada, 1st in France, 1st in Germany, 13th in Indonesia, 1st in New Zealand, 3rd in Philippines, 2nd in Thailand, 9th in Turkey, 4th in United Kingdom, and 1st in Vietnam.

    There are a more countries, but I won't list them.

    What is more impressive is that Rules of Survival (T2.163) only has the Chinese, English, Japanese, and German version available. So for countries not speaking those languages, this game can go a lot further once Netease localize the game to these countries.

    From the earning conference, analysts working for the investment companies are following these two games and understands the reason for recent up trend in stock price. But the reporters working for the financial news (such as Yahoo, Bloomberg, etc.) have no clue. In addition, the global expansion of these two games happened in the last 3 days. Therefore, a lot of great news haven't been priced in yet.
  • D
    Going short, there is no reason for this jump. Just market manipulation.....
  • E
    That was a considerable beat, EPS was 13.6% above analysts expectations
  • d
    375 after hours....
  • G
    Buy weakness:
    NTES e-commerce grew 43%; gaming +37%; overall revenue up 35% while EPS up 37%;
  • M
    Mark Thompson
    Revenues were up 35% but operating expenses were up 37%. It will be interesting to see how the market reacts.
  • P
    why a gaming company is getting into e-commerce?
  • t
    It’s total miss