A director at Hello Group Inc sold 343,160 shares at 6.290USD and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...
MOMO will report 2Q21 results on August 26th before the markets open with an 8am ET conference call. We are positive on MOMO’s 2Q21. MOMO’s core live broadcasting has stabilized and is on the way to recovery since the structural adjustment in August 2020. Some of its value-added services functions including “Groups Nearby” and “Online Pairing” are the current focus and growing faster in recent quarters. For Tantan, there was a recent change in its management team, which we believe have more expe...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
MOMO will report 1Q21 results on June 8th before the markets open with an 8am EST conference call. Momo’s legacy business with live broadcasting function is recovering post its structural adjustment that was put in place in August 2020, while value-added service from functions including “Groups Nearby” and “Online Pairing” is the current focus and growing faster in recent quarters. Its TanTan business is at the bottom, in our opinion, as management is determined to make it work and has already c...
MOMO will report 4Q20 results on March 25th before the markets open with an 8am EST conference call. In view of the macro condition, MOMO had started a structural adjustment to its core live broadcasting since August 2020. It reduced the revenue concentration of the top hosts and redirected traffic toward the middle cohort within the pyramid. This change put pressure on Momo’s core live broadcasting revenue and gross margin in 2H2020. However, we believe the adjustment is toward the end, the sli...
The independent financial analyst theScreener just lowered the general evaluation of MOMO INC (US), active in the Software industry. As regards its fundamental valuation, the title now shows 2 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date February 26, 2021, the closing price was USD 15.84 and its target price ...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
MOMO will report 1Q20 results on May 28th before the markets open with an 8am EST conference call. Based on our data, total revenue in 1Q20 is likely to be slightly higher than consensus at RMB3,489M and toward the high end of its guidance range of RMB3,450M - RMB3,550M. The result of 1Q20 was impacted by two factors: 1) the COVID-19 outbreak led to social distancing, which impacts MOMO’s business of social networking; 2) also negatively impacted as the government prohibited the Lucky-draw funct...
We are positive on MOMO’s performance in 4Q19. MOMO’s user base only showed about 4% Y/Y growth in 3Q19 as it was recovering from the government’s sanctions imposed on the company in May and June. Getting into 4Q19, the recovery is faster. Our data shows that the concurrent users for MOMO picked up its growth and Tantan’s users and time spend are also seeing upside on a monthly basis.
MOMO will report 3Q19 results on November 26th before the markets open with an 8am EST conference call. We are positive on MOMO’s performance in 3Q19 driven by the user growth of MOMO and better performance of Tantan as a result of the reactivation of MOMO and Tantan after both APPs were suspended by the Chinese government in May and June. After the removal of the suspensions, MOMO hosted many events in July and August; these events are positive for the growth of both MAU and paying users.
We are positive on MOMO’s performance in 3Q19, as both of MOMO’s live and VAS businesses grew nicely. After Tantan APP was relaunched on APP stores in July, its popularity and user base came back. MOMO’s live broadcasting business was also growing nicely driven by the growth of concurrent users. Based on our data, we believe the total revenue in 3Q19E is likely to be higher than consensus at RMB4,295M. We maintain our Buy rating.
We are positive on MOMO’s performance in 2Q19 driven by its live broadcasting business as Tantan was under the government’s reviews. One way to push for monetization is via hosting events and adding new features to its APPs. MOMO hosted several events including Golden Melody, Music Live, and hosted its Annual Gala in June; these events are positive for the growth of its MAUs and paying members.
MOMO will report 1Q19 results on May 28th before the markets open with an 8am EST conference call. We expect 1Q19 revenue to be highly likely better than consensus. For 2Q19 guidance, we believe MOMO is likely to guide revenue on the conservative side as a result of China’s macro slowdown as well as the temporary removal of Tantan mobile app from app stores in China.
We are positive on MOMO’s performance in 4Q18. The live broadcasting business was performing better as the annual Gala was better than expected. Based on our data and model, we believe the live broadcasting revenue in 4Q18 is likely to be better than the company’s previous expectation and total revenue is likely to be higher than consensus at $531.51M, and above the guidance range of RMB3,655M - RMB3,755M ($529.1M - $543.6M).
MOMO will report 3Q18 results in late November. Based on our data and model, we believe MOMO’s 3Q18 revenue is likely to reach about US$533.5M (exchange rate at RMB6.8055 = USD 1), in line with consensus at US$534.4M, and within its guidance range of US$525M – US$541M.
MOMO will report 4Q17 results on March 7th before the markets open with an 8am EST conference call. Based on our data and model, we believe MOMO’s 4Q17 revenue is likely to reach US$391.5M, better than consensus at US$380.0M, driven by live broadcasting annual festival, advertising as well as new activities on the platform.
There have been concerns regarding the growth in paying users for MOMO’s live broadcasting as well as the potential growth of active users on the platform. In 4Q17, we are likely to see improvement on both fronts as a result of the company’s efforts to expand into more social features beyond live broadcasting.
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