Stock版 - 人人让人失望，谁来扒一下世纪佳缘(DATE周三)基本面 |
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L******e
发帖数: 109 | | a*****n
发帖数: 2835 | 2 什么时候开始上市啊？
【在 L******e 的大作中提到】
: 心态很重要，要输得起赢得起
| h****d
发帖数: 1420 | | r***a
发帖数: 2628 | 4 this is should be better than renn.
Based in Beijing, China Jiayuan.com International (proposed DATE) is
scheduling a $78 million IPO with a market capitalization of $341 million at
a price-range mid-point of $11 for Wednesday May 11, 2011. The IPO calendar
includes nine others for the week of May 9.
SUMMARY -- DATE is a Chinese dating site company. For the year ended
December 2010 versus 2009, DATE sales increased 150% to $25 million from $10
million, and earnings increased 185% to $2.5 million from $.9 million.
DATE has also shown very good sequential quarterly growth in sales from $3.
5mm in the March quarter to $8.9 in December 2011. Gross margin grew from 57
% to 67% in the last four quarters. Net income grew from -$200,000 to $1.5mm
in the last four quarters.
VALUATION -- Given the sequential quarterly sales increased, increased gross
margin and increased income leading up to a very good December 2010 quarter
, DATE seems reasonably priced at 57 times annualized December 2010 quarter
results and 4.6 times book value.
However, IPO after-market buyers should be aware that all recent Chinese
Interrnet IPOs, except for Youku (YOKU), have traded down from their first
day of trading. And DATE’s success makes it a target for other Chinese
Internet sites that are also heavily trafficked.
DATE Valuation Metrics
Each ADS represents 1.5 ordinary shares.
BUSINESS -- DATE operates the largest online dating platform in China.
According to iResearch, DATE ranked first and commanded a 43.7% share in the
total amount of money spent in China's online dating market in 2010.
Jiayuan.com also ranked first in terms of number of unique visitors, average
time spent per user and average page views per user among all online dating
websites in China in 2010, according to iResearch.
COMPETITION -- Principal competitors include Baihe.com and Zhenai.com, both
of which operate online dating platforms. In addition, DATE faces
competition from Internet portals such as Sina.com.cn, Sohu.com (SOHU), QQ.
com and 163.com and social networking websites such as Renren.com (RENN) and
Kaixin001.com.
USE OF IPO PROCEEDS -- Shareholders intend to sell 400,000 ADSs. DATE plans
on selling 6.7mm ADSs to net $66mm. $4 million is allocated to pay dividends
on preferred stock, the balance is allocated for general corporate purposes
. | v****e
发帖数: 19471 | 5 我一个05年海龟的朋友，已经从世纪家园上弄了不下20个妞了
【在 L******e 的大作中提到】
: 心态很重要，要输得起赢得起
| s*****y
发帖数: 493 | 6 刚才出去配眼镜了，没想到人人跌得让人大掉眼镜。呵呵。
中概股操作痕迹太明显。资金不行或总一股脑押宝的要远离。 |
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