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I am a financial analyst and I find myself calculating these numbers almost daily.
I would use the 10.5 million shares since the other 4 million are technically non-existent right now. They will be at some point in the future but not now.
A PE of 30 is a bit low for a high growth company but still in line with other cable companies which is the only real comparison we have unless you use Netflix which I belive has a PE around 29.
The 15% profit margin is the variable! We really don't know the cost associated with this business model (Netflix is around 7.5%). Since they essentially gave Warner Brothers warrants/options on shares and aren't really paying for the content. This increase on the profit margin side will be offset by the increase in shares when they exercise them which dilutes share value. Has anyone heard what the new announcement (lionsgate) is costing?.
Also, you cannot assume that the $27/year is going directly to YOD. The actual cable companies will be getting a portion of that income. Remember YOD is the middle man here.
The big variable is the number of subscribers. If they can truely get into 150 million homes and only get 10% I will be happy. Netflix has around 20 million and China is a much bigger market.
Otherwise, the numbers are reasonable.
My guess is since they have a position in CBBD they adjusted theirs accordingly in the system.
Nope. I have Ameritrade and Schwab. You can always send an email to the brokerages. They are usually good about responding.
Good Stuff! I am surprised at the pricing. Very competitive considering I have read that a bootleg dvd is on average $0.50 - $0.80. This makes YOD a bargain at $2/month.
I agree...... 5000 shares were just bought at $6.60! Somebody was willing to spend and extra $2k over the last trade price for those 5000 shares.
Now that the 8K has been filed with the SEC in regards to the reverse split, we should see the adjustments by the brokerage/custodians tomorrow or thursday.
http://www.sec.gov/Archives/edgar/data/837852/000114036112008283/0001140361-12-008283-index.htm
There has been an amended 13G posted by Fidelity. Does anyone here have a good understanding of the SEC filings? If so, can you take a look and see what the report that was just posted is saying?
From what I can tell they slightly adjusted the total number of shares owned.
Thanks
Look at it in terms of pre-split volume.
Date Volume
Feb 13 - 19,200
Feb 13 -
Feb 10 - 38,100
Feb 9, - 9,800
Feb 8, - 35,000
Feb 7, - 22,100
Feb 6, - 7,900
Feb 3, - 7,400
Feb 2, - 9,200
Feb 1, - 2,500
Jan 31 - 5,900
Jan 30 - 5,500
Jan 27 - 14,600
Jan 26 - 17,500
Jan 25 - 4,400
Jan 24 - 13,700
Jan 23 - 45,900
Jan 20 - 38,800
Jan 19 - 33,000
Jan 18 - 3,100
Jan 17 - 27,600
Jan 13 - 5,900
Jan 12 - 4,600
Jan 11 - 6,200
Jan 10 - 4,400
Jan 9, - 3,100
Jan 6, - 600
Jan 5, - 1,700
Jan 4, - 3,500
Jan 3, - 4,100
The ask is at $6.75. There are no buyers today!
C Sullivan.... I meant to respond in regards to the share count over the weeked and forgot.
There are indeed 1.1 billion shares approved by the board (now 14.6 million). However, only 785 million (now 10.5 million) were outstanding. The remaining shares are indeed unexercised options and warrants. I am guessing the warrants issued to Warner Brothers etc. are not counted in that 785 million either.
Every company has a total number of shares approved "to issue" by their board in case they need additional financing etc. Obviously when these options/warrants are exercised they will dilute the value of existing shares since they now become outstanding or part of the "float".
Also, Market Cap is calculated on outstanding shares only (so use the 785 number)
We can now buy at TD Ameritrade! The restriction has been lifted or they haven't realized there is a new symbol to restrict.
TD Ameritrade Response............
Thank you for your email. As of right now, the company's agent has not communicated a date as to when they can deliver the new shares to our depository. Once our depository receives the shares, we will then be able to promptly update your account. Feel free to periodically check with us on a status. Please send us an email with additional questions or concerns or contact our Corporate Actions and Dividends team at 888-723-8504, option 1, Monday through Friday, from 9 a.m. to 5:30 p.m. ET (excluding market holidays).
It's not really $9.00. Not all quotes see all ask prices. There is currently an order for $7.05.
The financials should be posted this week. They are typically posted about 6 weeks after the end of the quarter. I'm thinking we will see them Wednesday or Thursday.
No, most brokerages are delayed in updating these types of corporate actions on micro-cap stocks. If this were Google, it would already be updated.
You can call Etrade and have them make the update a priority.
First trade was 1200 shares at $7.75 (or $0.103 pre-split)
YOU On Demand Announces Completion of Reverse Stock SplitLast update: 2/10/2012 4:30:00 PMNEW YORK, Feb. 10, 2012 /PRNewswire via COMTEX/ -- YOU On Demand Holdings, Inc. ("the Company"), China's leading national Pay-Per-View (PPV) and Video On Demand (VOD) platform, today announced the completion of a 75-to-1 reverse stock split of the Company's common stock, effective for shareholders of record on February 13, 2012. "The purpose of this reverse stock split is to improve YOU On Demand's prospects of successfully listing its common stock on the NASDAQ Capital Market," said Shane McMahon, Chairman and CEO of YOU On Demand. YOU On Demand shareholders will receive one new share of the Company's common stock for every 75 shares held. The reverse stock split will reduce the number of shares issued from approximately 1.1 billion to approximately 14.5 million on a fully diluted basis, and will not negatively affect any of the rights that accrue to holders of YOU On Demand common stock, preferred stock, or options.
10Q should be out by the end of next week. I would assume they will discuss these events in detail.
Excellent article. Everyone needs to read this!
Thank you for sharing.
And... with only 10.5 million shares outstanding and only 4.2 million of those shares not held by insiders. This can also become a supply/demand issue for would be shareholders. They will have to pay up to get their hands on some shares!
I wonder if the recent spike in volume had to do with this information? This may have been public info several days ago.
Your number of shares divided by 75 = your new number of shares
take the current price per share and multiply by 75 = new share price
Yes, every custodian/brokerage will automatically adjust for any corporate action. It will have no effect on your account nor are you required to do anything.
Thanks.
There is also a new symbol - CBBDD
BTW... where did you get that info?
There you have it everyone.......... 1:75 on Monday. We will be uplisted very shortly after that.
Everyone keep in mind that reverse splits usually loose value at first so this can be a great opportunity to buy. The share price is all relative whether its $0.09 or $6.75. Buying 50,000 shares always feels better than buying 500, but its all relative.
Good Luck everyone! This is a turning point
That was the point I was trying to make. We need time. This is not going to happen overnight.
Anyone know what largest 1yr return on an individual stock is?
The only downside to staying on the OTCBB, is most instituitonal funds have restrictions on what they can invest in. Most are restricted from investing in equities not listed on larger exchanges with more strict rules. The only way this will get real attention is if the institutional players (outside of Fidelity) get involved. It is unfortunate, but necessary.
Going from $0.09 to $3-4 is a long way when there are 785 million shares. If we were looking at 50-75 million shares it would be more reasonable.
Well said! And I completely agree
Correct, the ball is rolling. But if they have to fall within the guidelines set by Nasdaq, they are from meeting the simplest of requirements...$4/ share. They may not even have enough shareholders at this point.
Has anyone had a chance to read through the link I posted from Nasdaq. There are financial requirments I am not sure CBBD even meets at this point.
Realistically, the share price hitting $3 before Fidelity pressures for an uplisting is a reach. I think a reverse split is inevitable. The question is how much? 1:2, 1:10, 1:50?
My understanding is that their is a $4/per share requirement and 400 shareholders, not to mention the various other financial requirements. The $1/ share is the minimum price to stay on the exchange. Once you drop below that your delisted. Below are the listing requirements from 2010.
http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf
Strong finish until some knucklehead sold 300 shares @ $0.085 in after hours trading.
Either way, people have stepped in and are buying at $0.09. Exactly what we want to see!!!!
Someone is dumping shares at $0.086 (approx 1 million shares sold). What is funny is that I have been watching the level II quotes for the last hour or so and have not seen any of these orders pop up?
Thoughts anyone?
You can't rely on that trade tab. I can assure you that some of those "sales" were buy limit orders that someone decided to sell at. Don't forget their is always 2 sides to every transaction. The time you need to worry about sales are when there is no one on the buy side and the seller keeps lowering there ask to get filled. The price is holding stady here despite the activity. There are plenty of buyers.
If the buyers disappear you will know. We'll be at $0.03 real quick!
There is no mystery to the unknown trades. They are simply trades that were executed at a price between the bid and ask prices. Investorhubs system identifies a trade executed at the bid as a sell and a trade executed at the ask a buy. Anything in between is ?. I personally do not use this feature as it can be misleading because people can always purposely sell at the bid or place a market order. But... don't forget that sell is ALWAYS being purchased by someone and vice versa!
The only real benefit to this feature is on heavy buy & sell days these numbers will be very distorted. Meaning...... if there are alot of people buying they typically buy at the ask prices (which moves the price higher) and if they are selling they will sell at the bid price (which will move the price lower).
Whoever is selling is selling at the bid...so if your wanting to buy now seems to be the time!
Not to piss anyone off, but it was not wrestling that brought me here. I have never really liked wrestling, nor do I see the appeal.
Researching other stocks helped me stumble upon CBBD.
I noticed they no longer have the VP of Finance (Beijing) position posted on their careers page. Hopefully they finally hired someone on the China end to handle the financials now that things are starting to ramp up!