WB

Weibo Shs -A- Sponsored American Deposit Share Repr 1 Sh -A-

TMT


Presented:09/29/2016
Price:$51.39
Cap:$11.39B
Current Price:$9.35
Cap:$1.45B

Presented

Date09/29/2016
Price$51.39
Market Cap$11.39B
Ent Value$3.95B
P/E Ratio208.73x
Book Value$3.12
Div Yield0%
Shares O/S221.61M
Ave Daily Vol1,456,485
Short Int5.80%

Current

Price$9.35
Market Cap$1.45B
Weibo Corp. engages in the creation, distribution, and discovery of Chinese-language content. It operates as a social media platform with attributes which include allowing any user to follow the feeds of other user, feeding of news breaks and events around the world, joining in public discussions, and sharing of content from websites and applications. The company was founded in August 2009 and is headquartered in Beijing, China.

Public companies mentioned herein: Weibo (WB) and Alibaba (BABA).

Highlights

The presenter regards Weibo as a true social media platform and likely the closest comp to Facebook in China. Investors sometimes describe WeChat as the Facebook of China, but the presenter sees it as more closely resembling the Facebook Messenger of China. Weibo currently has about 250 million monthly active users compared to WeChat at roughly 850 million; management believes Weibo’s service is approximately half penetrated in Tier 1 cities and 20% penetrated in Tier 2, 3 and 4 cities, so the growth opportunity would appear to be substantial. The presenter believes shares could trade as high as $80 over the next couple of years, with the added potential of being taken out entirely by Alibaba (BABA), which continues to own a large stake in the company. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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