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Results improving but trailing last year
Net income for the third quarter of 2013 was $25.4 million, compared to $9.9 million for the same period last year.
Net income for the nine months ended September 30, 2013 totaled $0.7 million, compared to $29.4 million for the same period last year.
Shouldn't you have waited?
Until the next pop
Barclays Upgrades SOHU to target $79
Last week's wider-than-expected quarterly loss for SOHU wasn't enough to keep Barclays from raising its price target on the stock to $79 from $73 ahead of the bell. On the charts, the equity has tacked on 40.4% year-to-date to linger near $66.46, but expectations remain low. At the ISE, CBOE, and PHLX, SOHU's 10-day put/call volume ratio of 1.06 ranks in the bearishly skewed 91st percentile of its annual range. Additionally, short interest rose 8.5% over the last two reporting periods, and now accounts for a healthy 6.9% of Sohu.com Inc's available float.
On Nov 1 Sohu.com Inc. reported earnings of 45 cents per share in the third quarter of 2013, which decreased 34.4% year over year and 19.1% on a sequential basis. Earnings including stock-based compensation comfortably beat the Zacks Consensus Estimate by a nickel.
Revenues
Revenues jumped 29.1% year over year and 8.7% sequentially to $368.3 million, towards the higher end of the management guided range of $358.0–$370.0 million. Revenues also surpassed the Zacks Consensus Estimate of $364.0 million. The year-over-year increase was primarily driven by strong performance from the online advertising and online gaming business.
Online advertising revenues surged 56.5% year over year and 21.0% sequentially to $177.1 million. The year-over-year growth was primarily driven by strong performance from online video, Sogou, search and brand advertising.
Sohu video continued to maintain its dominant position, driven by a content portfolio that includes American television drama series, Japanese animation series, domestic variety shows and in-house programs.
During the quarter, Sohu Video streamed The Voice of China, which attracted significant traffic. The superior content portfolio helped video advertising sales to triple on a year-over-year basis and was up 60.0% from the previous quarter.
Sohu achieved significant growth in the mobile video segment as traffic increased massively in the third quarter. To-date, total number of active users for Sohu’s mobile applications reached 140 million.
Sogou revenues continued to grow in the quarter, up 53.0% year over year and 14.0% quarter over quarter to $57.0 million. The Sogou pinyin mobile version added another 30 million new users as monthly active users reached 180 million.
Search and Others revenues jumped 48.2% from the year-ago quarter and 13.3% sequentially to $46.2 million.
Brand advertising revenues grew 60.2% from the year-ago quarter to $124.8 million and were close to the higher end of management’s guided range of $120.0 million to $125.0 million. Revenues increased 24.5% sequentially, within management’s guided range of 20.0% to 25.0% growth. Brand advertising continued to benefit from strong traffic driven by an improving online video business.
1st press release in over a year
Will be sure to bring in new investors that are sitting on the fence until the company releases some good news.
The press release demonstrates that the company is back on its feet obtaining the kind of business deals that the CEO is a master of winning.
SouFun Holdings Q3 Net Up 108.9%
BEIJING, November 8, SinoCast -- SouFun Holdings Ltd. (NYSE: SFUN) revealed operating revenue of USD 185 million in the third quarter of 2013, rising 45.4% year on year. Net profit reached USD 102.7 million jumping 108.9%. The real estate Internet portal has upgraded expectation for operating revenue in 2013 to USD 605 million and USD 615 million, higher than earlier expected USD 538 million to USD 548 million, hiking 40.6% to 42.9%, adjusted from former 25% to 27.5%. Copyright 2008 SinoCast Daily Business Beat.
11% rise today
The strong surge puts it near its all time high
She has not been active on ihub
for over a year; she's probably moved on to greener pastures.
If you don't have a high tolerance for risk or you are investing your retirement funds, then I don't recommend ALIF.
ALIF is still not making any public statements about company business. All business deals and investment placements are being kept private.
Until this policy changes, ALIF remains a slot machine.
The pop has poof'ed
Heading back to the $3 support level
1Q14 Results Disappoint
For sure most of the major holders have been unloading this past month after poor results for 1Q14,i.e, net loss of $2M. This is a problematic and reoccurring issue facing EGAN since its inception.
EGAN's CRM business model is a low profit margin market sector. Companies don't want to pay top dollar for CRM software that does not generate revenue. High customer turn over together with high sales/management expenses makes it difficult to be profitable.
Big Analytics Partnership: SAS + SAP
Back in Sept I recommended that ALIF should develop strategic alliances with companies like SAP, the large German software company that specializes in business-management applications.
Well, this past week SAP announced it entered into a partnership with US-based SAS, the largest US privately held software company that specializes in big data analytics software, the same type of intelligent analytics that ALIF produces. The SAP-SAS partnership will create a new interface to enable SAS analytic applications to run on the SAP HANA platform. The partnership will create new big data solutions that could not previously be delivered.
This partnership between two software giants sheds light on the exploding importance of intelligent analytics and the opportunities open to ALIF.
New App for ALIF intelligent analytics
Cities in the USA are beginning to use intelligent analytics that use a sensor-based network to track real-time information about how people move around city neighborhoods and surrounding urban communities. The analytics data-driven results are made available to public agencies and private businesses to improve metropolitan services.
This type of “real-world” analytics is an important new opportunity for alif and its client startups involved in civic innovation. For example, Motionloft is a startup funded by businessman Mark Cuban that is testing this kind of technology that will allow landlords and retailers to collect data on pedestrian and vehicle traffic around their buildings. The company has a working system in San Francisco and is looking to expand to other big cities in the USA. The real-time and historical data sets provided by Motionloft can be used to solve data flow problems to avoid traffic delays, help operators of tax fleets and municipal transit systems.
well no one can say...
The earlier speculation about the company was going to report good news soon did not materialize. We've been flat line since mid-August (the nasdaq announcement). Meanwhile, other stock opportunities look much more promising.
Why would anyone still believe in this CEO
Ben, I don’t know what you mean by scams in Russia and Hong Kong, but it’s clear from your past Alif posts on this board that you have a personal vendetta against the company. The company did close down its Russia programming lab in the 90s and had layoffs at the HK facilities, however all companies face these kinds of setbacks. Resource rebalancing is a fact of life in a free economy.
From an investor point of view it’s important to notice the potential of alif’s proprietary software. New opportunities for AI analytics are constantly emerging and I strongly believe that alif will be able to participate in this market sector via its new business model.
In the near future I will write about a new application of AI software being used by cities in the USA. New startups are sprouting to take advantage of this opportunity.
Looks like you and others just wanted to get out.
Of course it is, buy why?
The intellectual property of Alif is well worth $130 million. Their sophisticated software is based on proprietary artificial intelligence and artificial life methods combined with complex pattern matching algorithms. Both the CEO and CTO have devoted their entire professional careers developing the algorithms and applying them to deliver expert industry solutions. This is why 3M became a share holder many years ago.
Why I think Ailf will reach $1+
Here are my reasons why I think this stock will reach the $1 level by 2Q14:
1. 54% of shares are held by the CEO and he will probably not make any substantial sales at this level and risk losing majority stake. If he does indeed sell too much at this point then that could indicate looming cash flow problems.
2. The 46% free float is held by about 300 investors that are also in no hurry to sell at this point.
3. The low sell volume confirms that the majority of shares are in sticky hands.
4. As a new pool of investors discovers the potential growth of Alif, the bid price will quickly rise.
Give us reasons why you think so.
Being sucked down the drain
I must have gotten my signals crossed. The chart now clearly shows this stock sinking into oblivion. It will take major good news to turn it around. The company's last stockholder update did more damage than good. It stated that the emulsion testing process in Albania is continuing and other third-party testing is also in progress. This contradicts previous company statements that the Albania factory is producing emulsion product and generating revenue.
Alif rehabilitates after collapse in 2011
It’s taken almost 3 years but Alif is at last poised for a comeback in 2014.
These are the signs of the recovery (see web site for details):
- Restructuring to the new business model is complete
- The company is attracting new clients and private investments from Europe and greater China
- Delinquent customer accounts and litigations are being settled
- The CEO bought back more than 50% of the common shares which gives him the flexibility to execute his ideas without hindrance; The remainder of shares are in the hands of a small pool of investors
- The CEO brought back his key technical guru as CTO; the previous CTO was more into marketing and blue sky thinking, not what the company needs at this point.
Things Alif needs to do to improve shareholder value:
- Start posting news releases on the Alif IR web page
- Develop a plan for becoming SEC compliant
- Alif’s propriety software is difficult to use and not easily deployable in corporate environments. The CTO should transform the AI engine into a middleware application that can be seamlessly integrated into data base modules and management systems applications. This will provide the most value to Alif and its clients. Using middleware is currently a high growth area for companies involved in big data analytics and all types of intelligence software, e.g., Fraud & Security, Business and Customer mgmt.
- The CEO needs to stay focused on strategic goals and not get distracted by new wow-wee technology like smart phone games and silly apps. The AI middleware platform is where the company needs to be. The CEO should develop strategic alliances with companies like SAP, Oracle, Teredata, PostgreSQL, etc… Alif is uniquely positioned to deliver high-value AI solutions to the corporate marketplace.
Run Down ...
The CEO and the new CTO have worked together in the past in the same capacity and have pulled the company out of a dive twice before. They are tenacious and driven to succeed. They also have a superb supporting staff that can assist in the recovery.
The obstacles facing them are immense but I think they have wherewithal to take the stock price above the $1 level within the next 6 months.
Since the company is in a non-reporting state (non-compliance with SEC regulations and Sarbanes-Oxley reporting requirements) you may not be able to purchase shares through your broker. Keep visiting their website for updates.
Should Continue to Climb
to the .70s and hang around there until their technology proves to be viable.
Yes indeed... the weak hands lost their money
New CTO with a Vision
Company reorganization complete and beginning to execute new strategy. Checkout their web site for more details.
.40 and climbing; stock oversold and big money moving in for the scoop