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whatthecal

whatthecal

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2023-06-26

Sad that tomorrow is the last day…

@TigerEvents:Light up your investing with Tiger, play and win prizes worth up to USD 999

2023-06-26

Thank u for making this game!

2023-06-21

Great game! I enjoy it very much

2023-04-16

Boing boing boing fun game

2023-04-15

I love free vouchers

2023-04-14

Fun game but can't get the Disney share :(

2023-04-13

More similar games pls

2023-04-11

Great ariticle, would you like to share it?

@TigerEvents:【Stock Prediction】Guess which bank is a big winner this week ?

2023-04-11

Great ariticle, would you like to share it?

@TigerObserver:Weekly: After Healthy & Normal Pullbacks, Share Your Strategy to Gloomy Q1 Earnings

2023-04-11

Great ariticle, would you like to share it?

@Kaixiang:C3.ai - A highly speculative bet for the AI hype

2023-04-11

Increase the redemption pls :(

2023-04-09

Happy Easter! Good game 👍

2023-04-08

I want the Disney share 🙊

2023-04-06

👍 hope I get the Disney share...

2023-04-06

Great ariticle, would you like to share it?

@TigerEvents:【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher

2023-01-12

👍

2023-01-12

👍

2023-01-11

👍

2023-01-03

Ok

2023-01-02

👌

Go to Tiger App to see more news

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I enjoy it very much","listText":"Great game! I enjoy it very much","text":"Great game! I enjoy it very much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/759412187726000","isVote":1,"tweetType":1,"viewCount":534,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944023238,"gmtCreate":1681634317725,"gmtModify":1681634321759,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Boing boing boing fun game","listText":"Boing boing boing fun game","text":"Boing boing boing fun game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944023238","isVote":1,"tweetType":1,"viewCount":683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945416286,"gmtCreate":1681543090345,"gmtModify":1681543094001,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"I love free vouchers&nbsp;","listText":"I love free vouchers&nbsp;","text":"I love free vouchers","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945416286","isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945295060,"gmtCreate":1681479534351,"gmtModify":1681479539117,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Fun game but can't get the Disney share :(","listText":"Fun game but can't get the Disney share :(","text":"Fun game but can't get the Disney share :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945295060","isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945003268,"gmtCreate":1681315953155,"gmtModify":1681315956003,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"More similar games pls","listText":"More similar games pls","text":"More similar games pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945003268","isVote":1,"tweetType":1,"viewCount":790,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942615854,"gmtCreate":1681210019078,"gmtModify":1681210022448,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942615854","repostId":"9942307694","repostType":1,"repost":{"id":9942307694,"gmtCreate":1681128189418,"gmtModify":1681128450386,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"【Stock Prediction】Guess which bank is a big winner this week ?","htmlText":"Click to vote. Guess which bank is a big winner this week ? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.<a href=\"https://ttm.financial/S/C\">$Citigroup(C)$</a>, <a href=\"https://ttm.financial/S/WFC\">$Wells Fargo(WFC)$</a> and&nbsp;<a href=\"https://ttm.financial/S/JPM\">$JPMorgan Chase(JPM)$</a>This week marks the beginning of the first quarter earnings season, with major banks set to report their results this Friday. As investors shift their focus from Federal policies to the state of corporate America, these earnings reports will take center stage. Analysts will be watching closely to see how companies have performed over the past three months and what their outlooks are for the next quarter.Investors will also be keeping an eye on any potential new deve","listText":"Click to vote. Guess which bank is a big winner this week ? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.<a href=\"https://ttm.financial/S/C\">$Citigroup(C)$</a>, <a href=\"https://ttm.financial/S/WFC\">$Wells Fargo(WFC)$</a> and&nbsp;<a href=\"https://ttm.financial/S/JPM\">$JPMorgan Chase(JPM)$</a>This week marks the beginning of the first quarter earnings season, with major banks set to report their results this Friday. As investors shift their focus from Federal policies to the state of corporate America, these earnings reports will take center stage. Analysts will be watching closely to see how companies have performed over the past three months and what their outlooks are for the next quarter.Investors will also be keeping an eye on any potential new deve","text":"Click to vote. Guess which bank is a big winner this week ? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.$Citigroup(C)$, $Wells Fargo(WFC)$ and $JPMorgan Chase(JPM)$This week marks the beginning of the first quarter earnings season, with major banks set to report their results this Friday. As investors shift their focus from Federal policies to the state of corporate America, these earnings reports will take center stage. Analysts will be watching closely to see how companies have performed over the past three months and what their outlooks are for the next quarter.Investors will also be keeping an eye on any potential new deve","images":[{"img":"https://community-static.tradeup.com/news/6e1f470a3c961938ff501ab0b0b6b5dd"},{"img":"https://static.tigerbbs.com/5bd57f4ae08d8ed1404a9da9b0114962"},{"img":"https://community-static.tradeup.com/news/f46283561ca80c0874721152c398537b"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942307694","isVote":2,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"vote":{"id":2596,"gmtBegin":1681128385451,"gmtEnd":1681462818246,"type":1,"upper":1,"title":"Guess which bank is a big winner this week ?","choices":[{"id":9742,"sort":1,"name":"JPMorgan Chase","userSize":227,"voted":false},{"id":9743,"sort":2,"name":"Wells Fargo Bank","userSize":71,"voted":false},{"id":9744,"sort":3,"name":"Citibank","userSize":61,"voted":false}]},"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":785,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942615139,"gmtCreate":1681209967022,"gmtModify":1681209970925,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942615139","repostId":"9946716527","repostType":1,"repost":{"id":9946716527,"gmtCreate":1681054675369,"gmtModify":1681093516874,"author":{"id":"9000000000000439","authorId":"9000000000000439","name":"TigerObserver","avatar":"https://static.tigerbbs.com/2f3a05d038882153678ee817929431fc","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000439","authorIdStr":"9000000000000439"},"themes":[],"title":"Weekly: After Healthy & Normal Pullbacks, Share Your Strategy to Gloomy Q1 Earnings","htmlText":"1. Market Gives Mixed SignalsWith the start of earnings season just around the corner, the major U.S. stock indexes didn’t make any big daily movements during a holiday-shortened trading week that concluded on Thursday, prior to Friday's monthly jobs report.The <a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> slipped 0.1%, the <a href=\"https://ttm.financial/S/.IXIC\">$NASDAQ(.IXIC)$</a> fell 1.1%, and the <a href=\"https://ttm.financial/S/.DJI\">$DJIA(.DJI)$</a> added 0.6%.As of&nbsp;last&nbsp;Friday,&nbsp;the<a target=\"_blank\" href=\"https://ttm.financial/S/STI.SI\">$Straits Times Index(STI.SI)$</a> gained&nbsp;1.28%&nbsp;last&nbsp;week&nbsp;and<a target=\"_blank\" href=\"https://ttm.financial/S/XJO.AU\">$S&amp;P/ASX 200(XJO.AU)$</a>&nbsp;gained&nbsp;0.57%&nbsp;weekly.2. Sectors and","listText":"1. Market Gives Mixed SignalsWith the start of earnings season just around the corner, the major U.S. stock indexes didn’t make any big daily movements during a holiday-shortened trading week that concluded on Thursday, prior to Friday's monthly jobs report.The <a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> slipped 0.1%, the <a href=\"https://ttm.financial/S/.IXIC\">$NASDAQ(.IXIC)$</a> fell 1.1%, and the <a href=\"https://ttm.financial/S/.DJI\">$DJIA(.DJI)$</a> added 0.6%.As of&nbsp;last&nbsp;Friday,&nbsp;the<a target=\"_blank\" href=\"https://ttm.financial/S/STI.SI\">$Straits Times Index(STI.SI)$</a> gained&nbsp;1.28%&nbsp;last&nbsp;week&nbsp;and<a target=\"_blank\" href=\"https://ttm.financial/S/XJO.AU\">$S&amp;P/ASX 200(XJO.AU)$</a>&nbsp;gained&nbsp;0.57%&nbsp;weekly.2. Sectors and","text":"1. Market Gives Mixed SignalsWith the start of earnings season just around the corner, the major U.S. stock indexes didn’t make any big daily movements during a holiday-shortened trading week that concluded on Thursday, prior to Friday's monthly jobs report.The $S&P 500(.SPX)$ slipped 0.1%, the $NASDAQ(.IXIC)$ fell 1.1%, and the $DJIA(.DJI)$ added 0.6%.As of last Friday, the$Straits Times Index(STI.SI)$ gained 1.28% last week and$S&P/ASX 200(XJO.AU)$ gained 0.57% weekly.2. Sectors and","images":[{"img":"https://community-static.tradeup.com/news/ee0700aa736badb0d44e747c19fb8dfe","width":"1251","height":"696"},{"img":"https://community-static.tradeup.com/news/66c42dfc97572081b39cbbbcb09f9f87","width":"792","height":"703"},{"img":"https://community-static.tradeup.com/news/e2dd9b40292166b10bbc425718def8d5","width":"1044","height":"498"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946716527","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942615947,"gmtCreate":1681209937889,"gmtModify":1681209941408,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942615947","repostId":"9946447802","repostType":1,"repost":{"id":9946447802,"gmtCreate":1681040508407,"gmtModify":1681055424172,"author":{"id":"3568714328624189","authorId":"3568714328624189","name":"Kaixiang","avatar":"https://community-static.tradeup.com/news/09c30e8aaa30040558236e89e69bced9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568714328624189","authorIdStr":"3568714328624189"},"themes":[],"title":"C3.ai - A highly speculative bet for the AI hype","htmlText":"<a href=\"https://ttm.financial/S/AI\">$C3.ai, Inc.(AI)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;has recently caught the attention of many investors due to its branding and involvement in the field of artificial intelligence (AI). While there is a lot of hype in AI due to its immense potential growth, one must be cognisant that it does not necessary mean that C3.ai is a good investment option. There are several reasons why you should be cautious before investing in it. 1.&nbsp;Loss Making amidst economic uncertainty Firstly, C3.ai is still unprofitable. Despite the AI hype, it has yet to generate any positive net income or cash flow from operations to date. In fact, its net losses have been increasing over the past few years with no clear path to profitability. Given a high interest rate e","listText":"<a href=\"https://ttm.financial/S/AI\">$C3.ai, Inc.(AI)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;has recently caught the attention of many investors due to its branding and involvement in the field of artificial intelligence (AI). While there is a lot of hype in AI due to its immense potential growth, one must be cognisant that it does not necessary mean that C3.ai is a good investment option. There are several reasons why you should be cautious before investing in it. 1.&nbsp;Loss Making amidst economic uncertainty Firstly, C3.ai is still unprofitable. Despite the AI hype, it has yet to generate any positive net income or cash flow from operations to date. In fact, its net losses have been increasing over the past few years with no clear path to profitability. Given a high interest rate e","text":"$C3.ai, Inc.(AI)$ has recently caught the attention of many investors due to its branding and involvement in the field of artificial intelligence (AI). While there is a lot of hype in AI due to its immense potential growth, one must be cognisant that it does not necessary mean that C3.ai is a good investment option. There are several reasons why you should be cautious before investing in it. 1. Loss Making amidst economic uncertainty Firstly, C3.ai is still unprofitable. Despite the AI hype, it has yet to generate any positive net income or cash flow from operations to date. In fact, its net losses have been increasing over the past few years with no clear path to profitability. Given a high interest rate e","images":[{"img":"https://community-static.tradeup.com/news/805111ef082708cd46c3bfe0d9ec5b0d","width":"1170","height":"1659"},{"img":"https://community-static.tradeup.com/news/c161db7881019538e9b432cef76bd81c","width":"1170","height":"1945"},{"img":"https://community-static.tradeup.com/news/89143014c4d06df5e0f5e510f5653049","width":"1200","height":"667"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946447802","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942831020,"gmtCreate":1681175637760,"gmtModify":1681175641355,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Increase the redemption pls :(","listText":"Increase the redemption pls :(","text":"Increase the redemption pls :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942831020","isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946447322,"gmtCreate":1681040446967,"gmtModify":1681040451205,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Happy Easter! Good game 👍","listText":"Happy Easter! Good game 👍","text":"Happy Easter! Good game 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946447322","isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946812918,"gmtCreate":1680914475435,"gmtModify":1680914480329,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"I want the Disney share 🙊","listText":"I want the Disney share 🙊","text":"I want the Disney share 🙊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946812918","isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948225075,"gmtCreate":1680717085397,"gmtModify":1680717089953,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"👍 hope I get the Disney share...","listText":"👍 hope I get the Disney share...","text":"👍 hope I get the Disney share...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948225075","isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948226886,"gmtCreate":1680716616345,"gmtModify":1680716620187,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948226886","repostId":"9943960936","repostType":1,"repost":{"id":9943960936,"gmtCreate":1679046534725,"gmtModify":1680580626622,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher","htmlText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951435772,"gmtCreate":1673537207097,"gmtModify":1676538853004,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951435772","isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951435200,"gmtCreate":1673537189001,"gmtModify":1676538852996,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951435200","isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951865220,"gmtCreate":1673450043060,"gmtModify":1676538838975,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951865220","isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950622852,"gmtCreate":1672752847276,"gmtModify":1676538730562,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950622852","isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950981795,"gmtCreate":1672640355517,"gmtModify":1676538714937,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9950981795","isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9950981795,"gmtCreate":1672640355517,"gmtModify":1676538714937,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9950981795","isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989374481,"gmtCreate":1665929511043,"gmtModify":1676537680233,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c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11:06","market":"us","language":"en","title":"Netflix: Does The Reward Outweigh The Risk?","url":"https://stock-news.laohu8.com/highlight/detail?id=2275950254","media":"Seeking Alpha","summary":"SummaryNetflix's business relies the most on subscriber growth, engaging content, and no competition","content":"<html><head></head><body><h2>Summary</h2><ul><li>Netflix&#39;s business relies the most on subscriber growth, engaging content, and no competition around.</li><li>The walls of Netflix&#39;s streaming kingdom have been cracking.</li><li>How long the business model can be sustainable with the industry going in the current direction?</li><li>Netflix is introducing ads to its platform, closing the door on password sharing, and keeps investing in content. It can also increase subscription fees which will drive its revenues higher.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6a83081a57cd588edb17a0e2f06bc272\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>hapabapa</span></p><p>Netflix (NASDAQ:NFLX) changed the way we watch and gave viewers freedom of when and how to consume movies and shows. The company evolved from a firm that shipped DVDs to its customers, to a streaming service giant with over 209million subscribers in more than 190 countries. It worked perfectly for years and investors were handsomely rewarded until the first competitors started to emerge, combined with a global economical weakness.</p><p>The company is one of the five FAANG behemoths that have ruled the broadly understood technology space which has been also reflected in its stock price. Interestingly, Netflix was the one that massively outperformed the rest of the group hitting almost 5000% in price appreciation in the 10-year period before the sudden drop that happened this year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c762bd547573c48c8bcd2a2f3eea650\" tg-width=\"640\" tg-height=\"222\" width=\"100%\" height=\"auto\"/><span>Price Return of the FAANG stocks over the last decade (Seeking Alpha)</span></p><p>Each of the FAANG companies has seen rapid revenue growth and some of them could compete for the best balance sheet in the world with significant cash reserves, solid margins, excellent returns on invested capital, consistent free cash flow, or ongoing share buyback programs. Unfortunately, Netflix can&#39;t brag about some of these. However, after the share price collapse the business might be an interesting pick when considering the Netflix brand, the number of active subscribers, the broad offering, and the recent moves made by the company that should be reflected in growing revenues.</p><p>The purpose of the article is to analyze the company from a value perspective, with a focus on risk, the margin of safety, and the long-term outlook for the business. In the process following questions should be answered.</p><p>1. Is the business model simple to understand?</p><p>2. Is it a <b>great</b> business?</p><p>3. What is the worst-case scenario for the company?</p><p>4. Is the business selling for a fair price?</p><p>5. Does the reward outweigh the risk and does the company qualify for purchase upon thorough analysis?</p><p>Answering these questions will help the reader to decide whether Netflix trades for a reasonable price and whether the company qualifies as a sound investment for the long term.</p><h2>The Moat</h2><p>Netflix has undoubtedly a very simple business model that is easy to understand. Nevertheless, a closer look should be given at the moat that the company has. Competitive advantage, also called a moat, is an essential part of an investment thesis. A moat can differentiate a good business from a great business. It gives the enterprise a sort of protection making it almost untouchable from the competition. It basically lets the company operate with little to no concern about its superiority and longevity. A great example of a business with such a moat is Disney (DIS) which happens to be a direct competitor of Netflix. In the article from January 11th, 2022, I contrasted both companies in terms of the moat as follows:</p><blockquote>However, if both companies were compared from a bigger perspective disregarding the financials and short-term sentiment, the following situation could be pictured to understand the fundamental difference between Disney and Netflix or in fact, any other competitor. Let&#39;s imagine that there are two companies with equally competent management. Both can be provided with all the funds they would need to grow their business. Each company is assigned a mission: one would have to dethrone Netflix as a leading streaming platform and the other - Disney. What might quickly become obvious is that no money in the World might help the second company to beat Disney at its game. The moat Disney has created over the century is something unique, which a long-term investor should be appealed to.</blockquote><p>These two businesses started being compared around the time Disney launched its direct-to-consumer (DTC) segment in December 2019. Since then, Amazon (AMZN) with its Amazon Prime, Apple (AAPL) with Apple+, Warner Bros. Discovery (WBD) with HBO Max, Paramount (PARA) with its Paramount+, and more players started flooding the market with their new offerings, and expanding libraries. Having an apparently narrow moat led to cracks in the walls of Netflix&#39;s streaming kingdom until the judgment day came when the company announced its earnings for the Q4 FY 2021 and the share price tumbled 20% on slowing subscriber growth. Over time it hit the bottom at $162.71 and it&#39;s currently trading at $221.68, far from the 52-week-high of <b>$700.99</b>. In addition, equity markets and macro economical environment have been weak for almost a year which makes investors even more hesitant to bet on Netflix. With competition posing a real threat to the company&#39;s business model, the streaming giant found itself in a very uncomfortable situation.</p><h2>Mounting Hurdles</h2><p>The company&#39;s narrowing moat has been exposed in recent years as its competitors started to withdraw from licensing its productions to Netflix. Instead, they could include them in their own streaming libraries and draw customers to alternative streaming platforms. At this point, Netflix has no bargaining power and the only thing it can do is to offer more money for the rights to include movies or shows in its libraries. Criminal Minds, the most-watched Netflix show in 2021, was pulled from Netflix and moved to Paramount+. Several Marvel productions also left Netflix and are now available on Disney+. The most-streamed show in 2020 on Netflix in the USA - The Office was removed from the platform as well. These are just a few examples of major content losses the company has experienced.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a45fc12ac7e1b62982c434448d2f4ef\" tg-width=\"1280\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>Pictured: After, The Amazing Spider-Man, Schitt&#39;s Creek, Hemlock Grove (whats-on-netflix.com)</span></p><p>Just in October 2022, there are <b>152 shows</b> and <b>movies</b> leaving Netflix! Among those are timeless movie creations such as I Am Legend (2007), Once Upon a Time in America (1984), Troy (2004), Full Metal Jacket (1987), and many more. Of course, the company constantly adds content. Just this month 143 positions are being added, as many as 90 of which are made by Netflix. An investor should ask himself if this is the right strategy and if the business model can be sustainable with the developments going in this direction.</p><p>A natural move for Netflix and seemingly the only chance to be less dependent on other studios was to focus at some point on original content. In 2016 2.6% of the whole content was original, while 97.4% was licensed. A shift in focus led to a drastic change in proportions where currently 50.7% of the films on Netflix are original productions. It has resulted in ballooning content costs which increased by 17.54% CAGR between 2018 and 2021. Expenses on produced content more than quadrupled from $1.02 billion in 2018 to $4.18 billion in 2021 in the same period of time. Unfortunately, these exponential cost hikes don&#39;t translate into subscriber growth which has been a key metric to value the company till recently. To keep viewers on its platform and gain significant numbers of new ones, Netflix would need shows like Squid Game much more often. Sad truth is that the originals have been far from high-quality in most cases. I touched on this matter in the article from January 11th, 2021</p><blockquote>On the other hand, there are many Netflix Originals that are terrible in terms of quality. Sadly, some of them rank below any current cinematographic standards.</blockquote><p>Contrasting Netflix with HBO Max, one can conclude that an HBO logo by the movie titles has always stood for the high-quality and best cinematographic experience. With Netflix originals, it looks quite the opposite. Before clicking Play, it&#39;d be wise to double-check the ratings and reviews to save an hour or more of poor entertainment.</p><p>Disney launched its streaming platform at the perfect moment, which was two months before the pandemic started and people got locked at home watching movies and playing computer games. It&#39;s been less than three years and Disney with its Disney+, Hulu and ESPN+ overtook Netflix in terms of subscribers number.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef60fb1f79dd61e80f87b7442fcf7d49\" tg-width=\"640\" tg-height=\"373\" width=\"100%\" height=\"auto\"/><span>Number of Subscribers: Disney vs. Netflix (genuineimpact)</span></p><p>This should have been one of the few crucial moments for anybody invested in Netflix to revisit the investment thesis and thoroughly think about the outlook of the company.</p><h2>Valuation</h2><p>There are plenty of valuation methods that can be used when valuing a company. Discounted earnings or discounted cash flow models are among the most popular ones. The value of a productive asset such as a business is in fact expressed by the present value of its all future cash flows. In the long run, however, earnings should match the free cash flow generated by the company. And here is the first red light when looking at Netflix financials.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/515c803bc1bbdce44b1a7ac0a8d38c8d\" tg-width=\"920\" tg-height=\"217\" width=\"100%\" height=\"auto\"/><span>Source: Author, with data from Seeking Alpha</span></p><p>The table below compares earnings per share (EPS) and free cash flow per share (FCF) over the last ten years. Thanks to the accounting technique called amortization, Netflix has made its earnings look very pretty. However, what really stands for the strength of a business is the free cash flow it generates over a long period of time. It&#39;s calculated in most cases as cash from operations minus capital expenditures. In the case of Netflix, it&#39;s very disturbing that there was no single year except for the year of the pandemic when Netflix had a positive free cash flow. The reason for this unbelievable cash drainage is again - content spending.</p><p><img src=\"https://static.tigerbbs.com/691577b13c22cb86115021e524384592\" tg-width=\"640\" tg-height=\"347\" width=\"100%\" height=\"auto\"/></p><p>Over the last three years, Netflix has spent substantial amounts of money on content, a big part of which is being amortized, which means that the loan payments are spread out over time. The management refers to it in the annual report:</p><blockquote>On average, over 90% of a licensed or produced content asset is expected to be amortized within four years after its month of first availability. The Company reviews factors impacting the amortization of the content assets on an ongoing basis. The Company&#39;s estimates related to these factors require considerable management judgment.</blockquote><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4ed98a20a74798e8e324404bf4608f5\" tg-width=\"640\" tg-height=\"404\" width=\"100%\" height=\"auto\"/><span>Comparison of Netflix cash and debt positions (Author&#39;s diagram based on Seeking Alpha data)</span></p><p>As one can see, the issue with disproportional cash outflow and mounting debt, partially covered by the amortization of the content assets started in 2016 when the management decided to shift its focus to original content production. Since then the spiral of rising liabilities has been accelerating and currently, Netflix&#39;s total debt is 3 times higher than its total cash including short-term investments. Besides that, the company&#39;s Current Ratio and Quick Ratio which represent ratios of the total assets to total liabilities and current assets to current liabilities respectively, are below 1, which also indicates a mounting debt burden.</p><p>Since using a discounted cash flow method isn&#39;t possible due to the negative and unpredictable free cash flow, one can get a sense of Netflix&#39;s value with help of other methods.</p><p>A suitable method in this situation would be Discounted Earnings Model, where earnings growth is projected over the next ten years and a present value of all the future earnings is calculated.</p><p><b>Scenario 1</b></p><p>In the first scenario, Netflix&#39;s earnings growth outlook is at 23.3% in the first five years, as projected by Seeking Alpha. It was assumed that in the following years, growth will be half as high.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a51dd35927821d8fdb2c477cb1bee50f\" tg-width=\"640\" tg-height=\"513\" width=\"100%\" height=\"auto\"/><span>Discounted Earnings Model - Scenario 1 (Author&#39;s Calculation)</span></p><p>Assuming 10% as a discount rate and a 16% margin of safety (calculated in reference to the strength of the short-term and long-term health of the company), a fair price per share comes at $382.94. The result suggests that Netflix is a tremendous deal and a heavily undervalued asset being on sale. Of course, calculated fair share price depends on several factors. However, what should be considered with great caution are growth estimates. In the current environment with challenges Netflix has to face, a 23.3% earnings growth CAGR over five years might be very difficult to achieve.</p><p><b>Scenario 2</b></p><p>In Scenario 2, growth in the first five years was lowered to 11.7% and it&#39;s assumed it&#39;ll decrease to 5.8% CAGR in the following years before reaching perpetual growth of 2%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/07a0872bcbf88f08c8745fdb1b4c8c58\" tg-width=\"640\" tg-height=\"513\" width=\"100%\" height=\"auto\"/><span>Discounted Earnings Model - Scenario 2 (Author&#39;s Calculation)</span></p><p>The fair price of the business with such assumptions is substantially lower, as expected. However, these projections are supposed to take into account all the mentioned obstacles that Netflix faces. The projections are conservative, but the down risk is substantially limited by applying such growth values into the model. Assuming, that Scenario 2 is the preferable one for a conservative investor, Netflix has still room to fall in order to become an interesting investment choice.</p><h2>Conclusion</h2><p>Netflix is introducing ads to its platform ($6.99 for the ad-supported tier), closing the door on password sharing, and keeps investing in content. It can also increase subscription fees which will drive its revenues higher. There are probably more ways the company can get back to growth. If some of these growth drivers start materializing, the investment thesis can be revisited with more promising projections. Nevertheless, what the business relies on the most has been subscriber growth, engaging content, and no competition around. This has changed dramatically over the last years and the results could be seen in recent months. At some point, the company also has to start generating free cash flow. It didn&#39;t happen in the years of prosperity and it will be even more difficult in the bad years. Value investors may want to follow one of the investing principles shared by Charlie Munger - Vice President of Berkshire Hathaway (BRK.A):</p><blockquote>A great business at a fair price is superior to a fair business at a great price.</blockquote><p>One of the conclusions drawn from this article shall be that Netflix is not a great business. Thus it&#39;s better to stay away from it when considering a long-term, low-risk, high-reward investment. It doesn&#39;t mean that the stock price will not go up or not overperform the market or other equities over periods of time. It means that the risk of the business losing its position (which has already happened) is not low enough compared to the reward the investment may bring over a long period of time which should be at least 10 years.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix: Does The Reward Outweigh The Risk?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix: Does The Reward Outweigh The Risk?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-16 11:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4546657-netflix-does-reward-outweigh-risk><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNetflix's business relies the most on subscriber growth, engaging content, and no competition around.The walls of Netflix's streaming kingdom have been cracking.How long the business model can ...</p>\n\n<a href=\"https://seekingalpha.com/article/4546657-netflix-does-reward-outweigh-risk\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://seekingalpha.com/article/4546657-netflix-does-reward-outweigh-risk","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275950254","content_text":"SummaryNetflix's business relies the most on subscriber growth, engaging content, and no competition around.The walls of Netflix's streaming kingdom have been cracking.How long the business model can be sustainable with the industry going in the current direction?Netflix is introducing ads to its platform, closing the door on password sharing, and keeps investing in content. It can also increase subscription fees which will drive its revenues higher.hapabapaNetflix (NASDAQ:NFLX) changed the way we watch and gave viewers freedom of when and how to consume movies and shows. The company evolved from a firm that shipped DVDs to its customers, to a streaming service giant with over 209million subscribers in more than 190 countries. It worked perfectly for years and investors were handsomely rewarded until the first competitors started to emerge, combined with a global economical weakness.The company is one of the five FAANG behemoths that have ruled the broadly understood technology space which has been also reflected in its stock price. Interestingly, Netflix was the one that massively outperformed the rest of the group hitting almost 5000% in price appreciation in the 10-year period before the sudden drop that happened this year.Price Return of the FAANG stocks over the last decade (Seeking Alpha)Each of the FAANG companies has seen rapid revenue growth and some of them could compete for the best balance sheet in the world with significant cash reserves, solid margins, excellent returns on invested capital, consistent free cash flow, or ongoing share buyback programs. Unfortunately, Netflix can't brag about some of these. However, after the share price collapse the business might be an interesting pick when considering the Netflix brand, the number of active subscribers, the broad offering, and the recent moves made by the company that should be reflected in growing revenues.The purpose of the article is to analyze the company from a value perspective, with a focus on risk, the margin of safety, and the long-term outlook for the business. In the process following questions should be answered.1. Is the business model simple to understand?2. Is it a great business?3. What is the worst-case scenario for the company?4. Is the business selling for a fair price?5. Does the reward outweigh the risk and does the company qualify for purchase upon thorough analysis?Answering these questions will help the reader to decide whether Netflix trades for a reasonable price and whether the company qualifies as a sound investment for the long term.The MoatNetflix has undoubtedly a very simple business model that is easy to understand. Nevertheless, a closer look should be given at the moat that the company has. Competitive advantage, also called a moat, is an essential part of an investment thesis. A moat can differentiate a good business from a great business. It gives the enterprise a sort of protection making it almost untouchable from the competition. It basically lets the company operate with little to no concern about its superiority and longevity. A great example of a business with such a moat is Disney (DIS) which happens to be a direct competitor of Netflix. In the article from January 11th, 2022, I contrasted both companies in terms of the moat as follows:However, if both companies were compared from a bigger perspective disregarding the financials and short-term sentiment, the following situation could be pictured to understand the fundamental difference between Disney and Netflix or in fact, any other competitor. Let's imagine that there are two companies with equally competent management. Both can be provided with all the funds they would need to grow their business. Each company is assigned a mission: one would have to dethrone Netflix as a leading streaming platform and the other - Disney. What might quickly become obvious is that no money in the World might help the second company to beat Disney at its game. The moat Disney has created over the century is something unique, which a long-term investor should be appealed to.These two businesses started being compared around the time Disney launched its direct-to-consumer (DTC) segment in December 2019. Since then, Amazon (AMZN) with its Amazon Prime, Apple (AAPL) with Apple+, Warner Bros. Discovery (WBD) with HBO Max, Paramount (PARA) with its Paramount+, and more players started flooding the market with their new offerings, and expanding libraries. Having an apparently narrow moat led to cracks in the walls of Netflix's streaming kingdom until the judgment day came when the company announced its earnings for the Q4 FY 2021 and the share price tumbled 20% on slowing subscriber growth. Over time it hit the bottom at $162.71 and it's currently trading at $221.68, far from the 52-week-high of $700.99. In addition, equity markets and macro economical environment have been weak for almost a year which makes investors even more hesitant to bet on Netflix. With competition posing a real threat to the company's business model, the streaming giant found itself in a very uncomfortable situation.Mounting HurdlesThe company's narrowing moat has been exposed in recent years as its competitors started to withdraw from licensing its productions to Netflix. Instead, they could include them in their own streaming libraries and draw customers to alternative streaming platforms. At this point, Netflix has no bargaining power and the only thing it can do is to offer more money for the rights to include movies or shows in its libraries. Criminal Minds, the most-watched Netflix show in 2021, was pulled from Netflix and moved to Paramount+. Several Marvel productions also left Netflix and are now available on Disney+. The most-streamed show in 2020 on Netflix in the USA - The Office was removed from the platform as well. These are just a few examples of major content losses the company has experienced.Pictured: After, The Amazing Spider-Man, Schitt's Creek, Hemlock Grove (whats-on-netflix.com)Just in October 2022, there are 152 shows and movies leaving Netflix! Among those are timeless movie creations such as I Am Legend (2007), Once Upon a Time in America (1984), Troy (2004), Full Metal Jacket (1987), and many more. Of course, the company constantly adds content. Just this month 143 positions are being added, as many as 90 of which are made by Netflix. An investor should ask himself if this is the right strategy and if the business model can be sustainable with the developments going in this direction.A natural move for Netflix and seemingly the only chance to be less dependent on other studios was to focus at some point on original content. In 2016 2.6% of the whole content was original, while 97.4% was licensed. A shift in focus led to a drastic change in proportions where currently 50.7% of the films on Netflix are original productions. It has resulted in ballooning content costs which increased by 17.54% CAGR between 2018 and 2021. Expenses on produced content more than quadrupled from $1.02 billion in 2018 to $4.18 billion in 2021 in the same period of time. Unfortunately, these exponential cost hikes don't translate into subscriber growth which has been a key metric to value the company till recently. To keep viewers on its platform and gain significant numbers of new ones, Netflix would need shows like Squid Game much more often. Sad truth is that the originals have been far from high-quality in most cases. I touched on this matter in the article from January 11th, 2021On the other hand, there are many Netflix Originals that are terrible in terms of quality. Sadly, some of them rank below any current cinematographic standards.Contrasting Netflix with HBO Max, one can conclude that an HBO logo by the movie titles has always stood for the high-quality and best cinematographic experience. With Netflix originals, it looks quite the opposite. Before clicking Play, it'd be wise to double-check the ratings and reviews to save an hour or more of poor entertainment.Disney launched its streaming platform at the perfect moment, which was two months before the pandemic started and people got locked at home watching movies and playing computer games. It's been less than three years and Disney with its Disney+, Hulu and ESPN+ overtook Netflix in terms of subscribers number.Number of Subscribers: Disney vs. Netflix (genuineimpact)This should have been one of the few crucial moments for anybody invested in Netflix to revisit the investment thesis and thoroughly think about the outlook of the company.ValuationThere are plenty of valuation methods that can be used when valuing a company. Discounted earnings or discounted cash flow models are among the most popular ones. The value of a productive asset such as a business is in fact expressed by the present value of its all future cash flows. In the long run, however, earnings should match the free cash flow generated by the company. And here is the first red light when looking at Netflix financials.Source: Author, with data from Seeking AlphaThe table below compares earnings per share (EPS) and free cash flow per share (FCF) over the last ten years. Thanks to the accounting technique called amortization, Netflix has made its earnings look very pretty. However, what really stands for the strength of a business is the free cash flow it generates over a long period of time. It's calculated in most cases as cash from operations minus capital expenditures. In the case of Netflix, it's very disturbing that there was no single year except for the year of the pandemic when Netflix had a positive free cash flow. The reason for this unbelievable cash drainage is again - content spending.Over the last three years, Netflix has spent substantial amounts of money on content, a big part of which is being amortized, which means that the loan payments are spread out over time. The management refers to it in the annual report:On average, over 90% of a licensed or produced content asset is expected to be amortized within four years after its month of first availability. The Company reviews factors impacting the amortization of the content assets on an ongoing basis. The Company's estimates related to these factors require considerable management judgment.Comparison of Netflix cash and debt positions (Author's diagram based on Seeking Alpha data)As one can see, the issue with disproportional cash outflow and mounting debt, partially covered by the amortization of the content assets started in 2016 when the management decided to shift its focus to original content production. Since then the spiral of rising liabilities has been accelerating and currently, Netflix's total debt is 3 times higher than its total cash including short-term investments. Besides that, the company's Current Ratio and Quick Ratio which represent ratios of the total assets to total liabilities and current assets to current liabilities respectively, are below 1, which also indicates a mounting debt burden.Since using a discounted cash flow method isn't possible due to the negative and unpredictable free cash flow, one can get a sense of Netflix's value with help of other methods.A suitable method in this situation would be Discounted Earnings Model, where earnings growth is projected over the next ten years and a present value of all the future earnings is calculated.Scenario 1In the first scenario, Netflix's earnings growth outlook is at 23.3% in the first five years, as projected by Seeking Alpha. It was assumed that in the following years, growth will be half as high.Discounted Earnings Model - Scenario 1 (Author's Calculation)Assuming 10% as a discount rate and a 16% margin of safety (calculated in reference to the strength of the short-term and long-term health of the company), a fair price per share comes at $382.94. The result suggests that Netflix is a tremendous deal and a heavily undervalued asset being on sale. Of course, calculated fair share price depends on several factors. However, what should be considered with great caution are growth estimates. In the current environment with challenges Netflix has to face, a 23.3% earnings growth CAGR over five years might be very difficult to achieve.Scenario 2In Scenario 2, growth in the first five years was lowered to 11.7% and it's assumed it'll decrease to 5.8% CAGR in the following years before reaching perpetual growth of 2%.Discounted Earnings Model - Scenario 2 (Author's Calculation)The fair price of the business with such assumptions is substantially lower, as expected. However, these projections are supposed to take into account all the mentioned obstacles that Netflix faces. The projections are conservative, but the down risk is substantially limited by applying such growth values into the model. Assuming, that Scenario 2 is the preferable one for a conservative investor, Netflix has still room to fall in order to become an interesting investment choice.ConclusionNetflix is introducing ads to its platform ($6.99 for the ad-supported tier), closing the door on password sharing, and keeps investing in content. It can also increase subscription fees which will drive its revenues higher. There are probably more ways the company can get back to growth. If some of these growth drivers start materializing, the investment thesis can be revisited with more promising projections. Nevertheless, what the business relies on the most has been subscriber growth, engaging content, and no competition around. This has changed dramatically over the last years and the results could be seen in recent months. At some point, the company also has to start generating free cash flow. It didn't happen in the years of prosperity and it will be even more difficult in the bad years. Value investors may want to follow one of the investing principles shared by Charlie Munger - Vice President of Berkshire Hathaway (BRK.A):A great business at a fair price is superior to a fair business at a great price.One of the conclusions drawn from this article shall be that Netflix is not a great business. Thus it's better to stay away from it when considering a long-term, low-risk, high-reward investment. It doesn't mean that the stock price will not go up or not overperform the market or other equities over periods of time. It means that the risk of the business losing its position (which has already happened) is not low enough compared to the reward the investment may bring over a long period of time which should be at least 10 years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926751438,"gmtCreate":1671637368425,"gmtModify":1676538568138,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926751438","isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985216170,"gmtCreate":1667398684290,"gmtModify":1676537911404,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"0\"></v-v>","text":"$Apple(AAPL)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9985216170","isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988684406,"gmtCreate":1666744189205,"gmtModify":1676537798549,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988684406","repostId":"1160702607","repostType":4,"repost":{"id":"1160702607","kind":"news","pubTimestamp":1666711666,"share":"https://ttm.financial/m/news/1160702607?lang=&edition=fundamental","pubTime":"2022-10-25 23:27","market":"us","language":"en","title":"Have Chinese Stocks Hit Bottom? BABA and NIO in Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=1160702607","media":"TipRanks","summary":"US-listed Chinese stocks had a bit of a meltdown on Monday.It’s not as if Chinese stocks were on the up beforehand, with many already retreating by large amounts over the past year. But with several C","content":"<div>\n<p>US-listed Chinese stocks had a bit of a meltdown on Monday.It’s not as if Chinese stocks were on the up beforehand, with many already retreating by large amounts over the past year. But with several ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/have-chinese-stocks-hit-bottom-baba-and-nio-in-focus\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Have Chinese Stocks Hit Bottom? BABA and NIO in Focus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHave Chinese Stocks Hit Bottom? BABA and NIO in Focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-25 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/have-chinese-stocks-hit-bottom-baba-and-nio-in-focus><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>US-listed Chinese stocks had a bit of a meltdown on Monday.It’s not as if Chinese stocks were on the up beforehand, with many already retreating by large amounts over the past year. But with several ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/have-chinese-stocks-hit-bottom-baba-and-nio-in-focus\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","NIO":"蔚来"},"source_url":"https://www.tipranks.com/news/article/have-chinese-stocks-hit-bottom-baba-and-nio-in-focus","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160702607","content_text":"US-listed Chinese stocks had a bit of a meltdown on Monday.It’s not as if Chinese stocks were on the up beforehand, with many already retreating by large amounts over the past year. But with several Chinese tech giants hitting multiyear lows, the question is whether Chinese stocks have now hit rock bottom.Investors scurried to the exit gates but calling the sell-off “disconnected from fundamentals,” J.P. Morgan’s chief global markets strategist Marko Kolanovic certainly thinks now is a good time to lean into Chinese stocks.“China growth data surprised positively over the weekend, but their equity market is selling off strongly,” said Kolanovic. “We believe this is a good opportunity to add given an expected growth recovery, gradual COVID reopening, and monetary and fiscal stimulus.”With this in mind, let’s delve into the TipRanks database and take a look at two stocks which sold off sharply but whose prospects remain sound, according to the experts. Alibaba shares fell by 12.5% in the rout, while Nio’s shed 16%. Both, however, are rated as Strong Buys by the analyst consensus and predicted to deliver triple-digit returns over the coming year. Let’s see why the analysts are getting behind these two beaten-down names.Nio (NIO)We’ll start in China’s fast-growing electric vehicle sector, where Nio has been delivering working EVs for the past four years. Currently, Nio has six EV models on the market, ranging from mid-size sedans to 5-seater SUVs, and the company has also pioneered Battery as a Service (BaaS) battery swapping technology to save customers time and money. Nio has benefitted over the past few years from the active policy of the Chinese government to promote the use and consumer switch to EVs, and its total deliveries last year, 91,429, were up 109% year-over-year.At the same time, Nio’s shares in New York are down 70% year-to-date. Those share losses have come while Nio held its revenues steady, at or near $1.55 billion, from 4Q21 through 2Q22. The September release of the Q2 numbers showed $1.54 billion at the top line, but a net loss of $412 million, the deepest quarterly loss since 3Q21. Q2’s vehicle deliveries, reported at 25,059, were down 2.8% sequentially – but were up more than 14% y/y.In a more recent data release, made public early this month, Nio reported its September monthly deliveries and its 3Q delivery totals. For September, the company delivered 10,878 vehicles, slightly more than 1/3 of Q3’s 31,607 total deliveries. The Q3 total was a quarterly record for the company, and was up 29.3% from 3Q21.In his coverage of Nio’s stock for Deutsche Bank, analyst Edison Yu takes cognizance of Nio’s strong sales and sees the stock gaining ground going forward.“We think two factors will drive outperformance at NIO, allowing it to emerge as a leader among EV upstarts. First, the ET5 mid-size sedan could become a top-selling premium model (amongst EV and ICE) in short order with initial customer reception being exceedingly positive and production leveraging NIO’s new plant. Second, while NIO’s existing gen-1 products are older and more expensive than competing products, they continue to deliver relatively stable volumes; we believe this represents thoughtful pricing and emphasis on branding+service,” Yu opined.“We believe the company’s efforts around user experience, battery swapping, overseas expansion, and internal battery cell development go very much underappreciated and will eventually show clear differentiation as the local Chinese market gets increasingly competitive,” the analyst added.Yu’s upbeat stance on NIO shares backs up his Buy rating, and his price target of $39 indicates his belief in a robust 290% upside for the coming year.Overall, the Strong Buy consensus rating on Nio is backed up by a unanimously positive 7 analyst reviews. Shares in Nio are trading for $10.09 and their average target of $32.97 implies a 226% upside over the next 12 months.Alibaba Holdings(BABA)For the second stock we’ll look at, we’ll turn to the online retail sector, where Alibaba has built a reputation and a niche as China’s e-commerce giant. While China has a lower internet penetration than most Western nations, its far larger population means that Alibaba’s domestic customer base exceeds 800 million.The extreme anti-COVID policies that China implemented this year hurt Alibaba, just as they hurt China’s economy generally, and the forecasts for the company’s last reported quarter – Q1 of fiscal 2023, the quarter ending on June 30 – were full of doom and gloom. Alibaba, however, reported a Q1 top line of $30.7 billion, beating the forecast by just over 1%. Nevertheless, as a reflection of difficult operating environment, the revenue print was flat year-over-year for the first time in the company’s history.The overall revenue number was negatively impacted by a 1% drop in Chinese e-commerce, the company’s largest segment, but that was partly offset by a 10% gain in the Cloud services segment. These results brought the company $1.62 in earnings per share (American Depositary Shares, traded in New York), a result that was down 29% y/y – but was also up 47% from the previous quarter, which had featured more extensive COVID-related restrictions.Turning back to Deutsche Bank, we’ll check in with Leo Chiang, who writes of BABA, “We believe that global macro challenges have continued to weigh on BABA’s topline growth across its various business lines (e.g., China ecommerce, cloud, and international commerce) in Sep Q. However, we anticipate a meaningful margin improvement (driven by cost optimization via new initiatives), making adj. EBITA turn positive yoy in the quarter (earlier than our previous expectation).”“In the near term, while we believe that BABA’s topline recovery may continue to fluctuate due to macro uncertainties, we remain confident in its earnings resilience, helped by its strong cost optimization efforts…. we see upside potential from a faster-than-expected macro improvement,” the analyst added.To this end, Chiang gives BABA shares a Buy rating, along with a $140 price target that suggests a 121% upside on the one-year time frame.Similarly, other Wall Street analysts like what they’re seeing. All 11 of the recent analyst reviews on file for Alibaba’s stock are positive, backing up the shares’ Strong Buy consensus rating. The stock is trading for $63.20 and its $144.18 average target implies a gain of 127% in the coming year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917070159,"gmtCreate":1665401732671,"gmtModify":1676537599716,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$</a><v-v data-views=\"0\"></v-v>","text":"$XPeng Inc.(XPEV)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917070159","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":759412187726000,"gmtCreate":1687357284777,"gmtModify":1687357288571,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Great game! I enjoy it very much","listText":"Great game! I enjoy it very much","text":"Great game! I enjoy it very much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/759412187726000","isVote":1,"tweetType":1,"viewCount":534,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944023238,"gmtCreate":1681634317725,"gmtModify":1681634321759,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Boing boing boing fun game","listText":"Boing boing boing fun game","text":"Boing boing boing fun game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944023238","isVote":1,"tweetType":1,"viewCount":683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945295060,"gmtCreate":1681479534351,"gmtModify":1681479539117,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Fun game but can't get the Disney share :(","listText":"Fun game but can't get the Disney share :(","text":"Fun game but can't get the Disney share :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945295060","isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925569569,"gmtCreate":1672067259351,"gmtModify":1676538629291,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"🙏","listText":"🙏","text":"🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925569569","isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928236474,"gmtCreate":1671289631299,"gmtModify":1676538520154,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"I still don't have all 6 :(","listText":"I still don't have all 6 :(","text":"I still don't have all 6 :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928236474","isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9929763409,"gmtCreate":1670733148001,"gmtModify":1676538425506,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Yay!","listText":"Yay!","text":"Yay!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9929763409","isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9986943485,"gmtCreate":1666879958948,"gmtModify":1676537822890,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a><v-v data-views=\"0\"></v-v>","text":"$NIO Inc.(NIO)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9986943485","isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917138685,"gmtCreate":1665449651348,"gmtModify":1676537607767,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BS6.SI\">$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$</a><v-v 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href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$</a><v-v data-views=\"1\"></v-v>","text":"$XPeng Inc.(XPEV)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915582544","isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979190629,"gmtCreate":1687783955961,"gmtModify":1687783959418,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Sad that tomorrow is the last day…","listText":"Sad that tomorrow is the last day…","text":"Sad that tomorrow is the last day…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979190629","repostId":"9970552986","repostType":1,"repost":{"id":9970552986,"gmtCreate":1684749089245,"gmtModify":1686052573124,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Light up your investing with Tiger, play and win prizes worth up to USD 999","htmlText":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&amp;Cs apply.👉 <a href=\"https://tigr.link/lightupsg\" target=\"_blank\">Click here to start play</a>","listText":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&amp;Cs apply.👉 <a href=\"https://tigr.link/lightupsg\" target=\"_blank\">Click here to start play</a>","text":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&Cs apply.👉 Click here to start play","images":[{"img":"https://community-static.tradeup.com/news/0b6e3d13593eac0f4cc3fdb8b6bf8056","width":"1200","height":"675"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970552986","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":521,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191590625431600,"gmtCreate":1687783892017,"gmtModify":1687783895651,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"Thank u for making this game!","listText":"Thank u for making this game!","text":"Thank u for making this game!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191590625431600","isVote":1,"tweetType":1,"viewCount":628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945416286,"gmtCreate":1681543090345,"gmtModify":1681543094001,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"I love free vouchers&nbsp;","listText":"I love free vouchers&nbsp;","text":"I love free vouchers","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945416286","isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945003268,"gmtCreate":1681315953155,"gmtModify":1681315956003,"author":{"id":"4126582300919822","authorId":"4126582300919822","name":"whatthecal","avatar":"https://community-static.tradeup.com/news/503fbfd7d5420755c60f69803be1c5ef","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4126582300919822","authorIdStr":"4126582300919822"},"themes":[],"htmlText":"More similar games pls","listText":"More similar games pls","text":"More similar games pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945003268","isVote":1,"tweetType":1,"viewCount":790,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}