Chinese Internet Stocks

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Oh DAMN, that's why...

Tags: Tom Online Inc., Baidu, Chinese Stocks, China, Sina Corp., Dot.com, Internet Stocks, TOMO, BIDU, SINA
12 May 3:12pm
Posted by kevinster
1 Comments
So let's break this down, TOMO beat the analysts' estimates for sales, great! They also matched estimates for profits, awesome! Promised $50 million to $51.5 million in sales next quarter, when Wall Street wanted to hear $52.6 million, DAMN, that's why... I've been pondering why this stock continues to drop as it does. I mean, all others continue to soar, as did Baidu.com, and soon will 51Job.com. But while TOMO failed to impress the analysts, the company turned in a superb quarter by a...
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51job 1Q Profit Triples

Tags: 51job, Inc., Chinese Stocks, Internet Stocks, JOBS
12 May 2:55pm
Posted by kevinster
0 Comments
51job.com net income rose to $3.3 million, or 12 cents per share. Adjusted to exclude currency fluctuations and stock expenses income climbed to $4.2 million, or 15 cents per ADS. Revenue rose 21 percent to $21.5 million. Print advertising revenue was 14 percent higher at $13.3 million, while revenue from online recruitment services climbed 53 percent to $6.1 million. Executive search revenue dropped 27 percent to $600,000. 51Job's gross margin was 55.3% in the first quarter, up from 48.7% ...
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First Quarter 2006 Conference Call: 11 May 2006

Tags: 51job, Inc., JOBS
11 May 11:01am
Posted by kevinster
0 Comments

51job, Inc.

JOBS (NASDAQ)

Forecast has expired Ended: Friday May 12, 2006

Target

$25.50 and above

$0.06 (0.2%)

Time Span:2wks and below

Final

$11.37

-$14.07 (55.3%)

Recommendation

Rating:Buy

Risk:Aggressive

Stop Loss Price:Unspecified

Final XP: 110

Target not reached

Analysis

...scheduled to release unaudited financial results for the first quarter ended March 31, 2006 after the market closes on Thursday, May 11, 2006, as well as discussion on its first quarter 2006 financial results, operating performance and business outlook. With all the hype from Baidu.com, Sina.com, Tom.com, etc., and their averaged better-than-expected results. I'm very optimistic with this one as well, let's see how it does. Market's reacting good as well, already up a dollar, to $25+. http://www.51job.com
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Monster.com or 51Job.com? Whichever can get me money or a job...

Tags: Monster Worldwide, Inc., 51job, Inc., Chinese Stocks, Internet Stocks, MNST, JOBS
11 May 10:51pm
Posted by kevinster
1 Comments
Another interesting Chinese company that I keep track of is 51job Inc. (NYSE: JOBS). The Company has had a bumpy ride since its IPO in 2004. The stock debuted in the $20 range, shoot up to the $60s within three months just to fall back to the $20 range within a month and continue to erode to all time lows. The stock price has never reached IPO price again... The story is that U.S. investors had a misconception of what this company is doing. It's still not sure if this company is a "publi...
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Tom.com Continues to Soar: to Report FY06Q1 on May 10

Tags: Tom Online Inc., Internet Stocks, TOMO
8 May 12:24pm
Posted by kevinster
0 Comments

TOM Online Inc.

TOMO (NASDAQ)

Forecast has expired Ended: Thursday May 11, 2006

Target

$29.00 and above

$0.82 (2.9%)

Time Span:2wks and below

Final

$2.67

-$25.51 (90.5%)

Recommendation

Rating:Buy

Risk:Balanced

Stop Loss Price:Unspecified

Final XP: -114

Target not reached

Analysis

Tom Online ("Tom.com") is to report its first-quarter numbers on May 10 and analysts expect sales and earnings to jump more than 35% from a year ago. There's not much doubt that Tom.com will most likely meet these estimates, or perhaps even beat it, given the Chinese internet stocks have recently been on rage on Wall Street. Sohu.com has already reported better-than-expected earnings for the first quarter and sales growth of 32 percent. 51job.com will release its first-quarter sales on May 11 and forecasts call for sales growth of about 20 percent and a more than two-fold gain in profits. Shares of Tom.com have already surged 40 percent this year. Portal Sohu.com and online gaming firm Netease.com are each up more than 50 percent. Recruitment site 51job.com also soared about 65 percent and The9.com Limited, another online gaming company, has skyrocketed almost 90 percent.
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