Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Dump Trump, Rump..that's for sure...
CMCM blowing up
CMCM...THE BREAK OUT HERE IS STRONG!!!
$CMCM: Beautiful Bullflag setup here at 2.50 now
They are trading welllllllll below cash on hand, Mcap relative to Cash on HAND
https://www.cmcm.com/en/
AI Chinese ROBOTICS and games
GO $CMCM
CMCM: CEO and CTO receive cease and desist order from the SEC.
https://www.sec.gov/litigation/admin/2022/33-11104.pdf
Watch Cheetah Mobile start running. Get your shares before the train leaves the station HAHAHAHHAH
Cheetah Mobile is just getting started.
UP on light volume. A Strong Positive.
CMCM Mobile showing an up trend. Looks like it has reached its bottom.
Now its coming back to life. Earnings should help.
* * $CMCM Video Chart 07-10-2020 * *
Link to Video - click here to watch the technical chart video
News: $CMCM Penny Stocks To Watch Right Now After Record COVID Cases
Are These Coronavirus Penny Stocks On Your List In July? It may be crazy to think but c oronavirus penny stocks have been “a thing” for a while now. Ever since the late half of January, COVID-19 has captivated headlines. Investor interest followed shortly after. So what do thing...
In case you are interested CMCM - Penny Stocks To Watch Right Now After Record COVID Cases
CMCM looks like it turned the corner
* * $CMCM Video Chart 10-28-2019 * *
Link to Video - click here to watch the technical chart video
* * $CMCM Video Chart 08-20-2019 * *
Link to Video - click here to watch the technical chart video
congrats
so market likes the results for a change,
closer to short + long term cash and investments.
News: $CMCM Cheetah Mobile Announces Second Quarter 2019 Unaudited Consolidated Financial Results
BEIJING , Aug. 20 . 2019 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading mobile internet company with global market coverage, today announced its unaudited consolidated financial results for the second quarter ended June 30, 2019 . Man...
Find out more Cheetah Mobile Announces Second Quarter 2019 Unaudited Consolidated Financial Results
News: $CMCM Cheetah Mobile Announces Dividend of US$0.50 per American Depositary Share
BEIJING , Aug. 20, 2019 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading mobile internet company with global market coverage, today announced that the Company's board of directors (the "Board") approved a special cash dividend of US$0.50 pe...
Got this from Cheetah Mobile Announces Dividend of US$0.50 per American Depositary Share
1Q19 Results and 2Q19 guidance is out and disappointing..
SeaOfSand: https://finesand.wordpress.com/2019/06/01/cheetah-mobile-cmcm-performance-update-1/#comment-441
We just debated it a bit and currently the only upside it their great annual investing results. They need time to make the proper reversal to have higher revenue + profits again. No guidance in this department yet.
Otherwise a healthy company, cash rich and so forth.
But profitability has now reached the zero mark.
No idea when the (stock) turnaround will happen.
no amended complain filed, dismissal next
SeaOfSand https://finesand.wordpress.com/2019/06/01/cheetah-mobile-cmcm-performance-update-1/comment-page-1/#comment-430
Updated DD by SeaOfSand, motivated simply by the very 'cheapness' of P/E < 4 now
https://finesand.wordpress.com/2019/06/01/cheetah-mobile-cmcm-performance-update-1/
- or -
https://seekingalpha.com/instablog/48819309-seaofsand/5310773-cheetah-mobile-cmcm-update-1
$CMCM 20-F 2018: More dilution than buyback!
OS (issued) 1 ADS = 10 ordinary A or B shares
- 2017-12-31 142.16M (415.25M Class A ordinary, 1,006.398M Class B) 20-F
- 2018-06-30 143.63M
- 2018-09-30 143.33M
- 2018-09-20 142.63M (Repurchased $8M/$100M 1M ADS @ $8/sh avg; $92M to go)
- 2018-12-12 136.13M finviz
- 2018-12-31 143.34M (475.36M Class A ordinary, 957.99M Class B) 20-F
Repurchase
- https://www.sec.gov/Archives/edgar/data/1597835/000119312519122322/d654805d20f.htm#rom654805_25
- 2018-12-31 (and up to 2019-03-31): Total: 7.06M ADS @ $8.4156/ads avg for $67.82M
- 2018-12-31 (and up to 2019-03-31): 2018-09-13 $100M: 4.50M ADS @ $7.1778/ads avg for $32.30M
20-F shows an increase in OS (A + B)?
No buyback but a shift from B to A?
Need to check this later on, but that would imply no buyback has been accounted in 2018 20-F?
If anybody can correct me here, please go ahead.
See https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146031855
they didn't buy back as much stock, but almost.
Market not yet excited about CMCM's turnaround, too bad (o8>
Keeping a lose eye on it.
Summertime ..
News: $CMCM LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 in Cheetah Mobile Inc. to Contact the Firm
NEW YORK, NY / ACCESSWIRE / January 17, 2019 / Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Cheetah Mobile, Inc. (''Cheetah'' or the ''Company'') (NYSE:CMCM) of the January 29, 2019 deadline to seek the role of lead plaintiff in a federal securities ...
In case you are interested https://marketwirenews.com/news-releases/lead-plaintiff-deadline-alert-faruqi-faruqi-llp-encourages-investors-who-suffered-losses-exceeding-50-000-in-cheetah-mobile-inc-to-contact-the-firm-7036010.html
ready for a positive news release & recovery
as laid out here https://finesand.wordpress.com/2018/12/05/cheetah-mobile-cmcm-a-financially-solid-high-growth-company/
- EPS ~ $1.70
- Buy back done (or almost): 4.7M tradable Class-A left
Ownership
added Rule 10b-18 for Repurchase Programs details
https://finesand.wordpress.com/2018/12/05/cheetah-mobile-cmcm-a-financially-solid-high-growth-company/
Short Attack; Excellent Financials & Performance; Buyback
Best summary, I just added the last little piece of the puzzle,
the share structure in combination with the $92M buyback!
Short attack: https://finesand.wordpress.com/2018/11/30/cheetah-mobile-cmcm-an-outrageous-unfounded-accusation-short-attack/
- Already refuted with details given: 3rd Party SDKs, not intend
- Google even blogged about it: 3rd Party SDKs, no intend
- Hence CMCM's refutation is supported, forget the class-action suit attempts
Financial etc: https://finesand.wordpress.com/2018/12/05/cheetah-mobile-cmcm-a-financially-solid-high-growth-company/
- $600M in cash on hand
- 2018 PE roughly a 20-30% 2018 EPS increase to $1.66 -$1.80
- adware phasing out slowly, AI driven stuff coming in
- revenue already more balanced by countries and utils/games
And now the magic cooky, which I didn't totally get first: The impact of the share repurchase program they started for $100M earlier. After the short attack they had $92M left.
And they stated: Every day
Best you read it all in my blog, but below I copy the share structure pic and quote the most important conclusion.
* * $CMCM Video Chart 12-11-18 * *
Link to Video - click here to watch the technical chart video
* * $CMCM Video Chart 12-04-18 * *
Link to Video - click here to watch the technical chart video
An Outrageous Unfounded Accusation & Short Attack
https://finesand.wordpress.com/2018/11/30/cheetah-mobile-cmcm-an-outrageous-unfounded-accusation-short-attack/
Annual Short Attack / New AI Driven Biz
Oct 2017 Short Attack
2017-10-26 Prescience Point https://www.presciencepoint.com/research/research-archives/cheetah_mobile-cmcm/
2017-10-27 CMCM's fast refutation http://ir.cmcm.com/2017-10-27-Cheetah-Mobile-Responds-to-Recent-Allegations
+++
Nov 2018 Short Attack
CMCM ex-partner Kochava 'discloses' some phenomenons, where he prematurely points his fingers to CMCM and one other company for good measure, see
2018-11-26 https://www.buzzfeednews.com/article/craigsilverman/android-apps-cheetah-mobile-kika-kochava-ad-fraud
In the business of disclosing security vulnerabilities etc, the finder USUALLY contacts the involved companies w/o raising the flag in public. Finder may receive a finders fee.
The behavior Kochava exposes with the public disclosure, breaches the unwritten rules in this field. So called 'Zero day' disclosures are rare and using the yellow press even more so :)
Who knows how they get compensated for it. They surely got their dime here IMHO. Simply unethical in this business.
CMCM made three PR regarding the orchestrated and algo lead short attack
1) 2018-11-27 https://www.prnewswire.com/news-releases/cheetah-mobile-responds-to-recent-article-regarding-app-installation-attribution-300755861.html
2) 2018-11-27 https://www.prnewswire.com/news-releases/cheetah-mobile-further-responds-to-recent-articles-regarding-app-installation-attribution-300756450.html
3) 2018-11-28 https://www.prnewswire.com/news-releases/cheetah-mobile-responds-to-kochavas-misleading-statements-300757227.html
And guess who has outed themselves?
Prescience Point showed up on 2018-11-28
1)
We predicted last year that $CMCM would face questions over what we believe are its fake "revenues" and significant ad fraud practices. Our report here: https://t.co/ZvWjTLNZf9
— Prescience Point Capital (@PresciencePoint) November 28, 2018
Fantastic reporting this week from @CraigSilverman @BuzzfeedNews on alleged ad fraud being committed by @CheetahMobile $CMCM https://t.co/ERJ9UysfSY
— Prescience Point Capital (@PresciencePoint) November 28, 2018
"This is theft — no other way to say it" @kochavamobile tells @BuzzfeedNews about $CMCM. We agree - @CheetahMobile has many questions to answer for what we find to be suspect financial reporting and ad fraud practices https://t.co/ugFifI0WZ6
— Prescience Point Capital (@PresciencePoint) November 28, 2018
Short Thesis Part-1: Sheng Fu, CMCM CEO also owns OrionStar
and has sold 30% to CMCM. Accusation is that CMCM planned to launch into robotics anyways and CEO simply created OrionStar to sell a stake to CMCM -> misappropriation.
May need to dig into this detail, maybe more to come :)
lead of the short gang Prescience Point,
which reads to me like cavemen (pre-science) :)
https://www.presciencepoint.com/research/research-archives/cheetah_mobile-cmcm/
Stage-2 of the attack w/ ambulance chaser https://www.businesswire.com/news/home/20181128005744/en/
repeating: 11/22 nice interview w/ CFO re investment and core products shifting away from adware
https://www.bloomberg.com/news/videos/2018-11-21/china-s-cheetah-mobile-aims-to-become-ai-driven-company-cfo-says-video
a must view ..
on 2016-05-23 Google coop started for these ads https://www.prnewswire.com/news-releases/cheetah-mobile-and-google-share-admob-native-ad-success-with-video-case-study-300273292.html
To be honest, I hate all of these apps and don't use it - mobile phones as anonymous as possible. However, CMCM is like all of these other companies here, including Google and FB and who not.
The biz case is to use your data.
The user is the 'good' to trade, nothing to see here.
And if you believe that Google was not aware of anything in this matter, you may dream on :)
Bottom line, as laid out in replied post: CMCM is moving into a solid biz case for more growth away from these questionable adware components as planned in 2017. GL
AdWare Fraud Accusation Short Attack
Christmas came early? Probably!
Forgive me typos and grammar, I just copy paste some prelim text of our notes here, barely structuring it yet.
First of all this wasn't the first short attack on the company.
Now the CMCM ex-partner Kochava 'discloses' some phenomenons, where he prematurely points his fingers to CMCM and one other company for good measure, see
https://www.buzzfeednews.com/article/craigsilverman/android-apps-cheetah-mobile-kika-kochava-ad-fraud
In the business of disclosing security vulnerabilities etc, the finder USUALLY contacts the involved companies w/o raising the flag in public. Finder may receive a finders fee.
The behavior Kochava exposes with the public disclosure, breaches the unwritten rules in this field. So called 'Zero day' disclosures are rare and using the yellow press even more so :)
Who knows how they get compensated for it. They surely got their dime here IMHO. Simply unethical in this business.
CMCM made a 2nd PR regarding the orchestrated and algo lead short attack today https://www.prnewswire.com/news-releases/cheetah-mobile-further-responds-to-recent-articles-regarding-app-installation-attribution-300756450.html
Know that the SP wasn't even able to get above the 5min 8ema on around 10M traded shares, about 143M OS (reduced since 3Q18).
The company lost more than 1/3 of their MCAP!
Good algos were employed here, that's for sure :)
+++
Now let's talk about the future of CMCM.
May 26, 2017, 08:30 ET https://www.prnewswire.com/news-releases/cheetah-mobile-invests-in-robotics-business-300464519.html
Jul 26, 2017, 08:00 ET https://www.prnewswire.com/news-releases/orionstar-wins-challenge-to-recognize-one-million-celebrity-faces-with-artificial-intelligence-300494265.html
In May '17 CMCM invested into OrionStar https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=432245050
CMCM started to plan their adware mobile-phone helper-all exit strategy in early 2017, knowing that this revenue source will no t match their growth trajectory and is declining.
CMCM entered the AI driven application market w/ and w/o hardware involved.
1Q18 CC:
Buying In The $8.60's
This Cash Cow Is Setting Up Nicely To Bust Back Into The Teen's.
Followers
|
6
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
71
|
Created
|
05/28/14
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |