reports
An unfavourable environment weighs on MOMO COM, which sees a downgrade...
The independent financial analyst theScreener just requalified the general evaluation of MOMO COM (TW), active in the Broadline Retailers industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date February 18, 2022, the ...
- Zhen Zhou Toh
momo.com Placement - Selldown by Woori, could be worth a small bet
Woori Home Shopping is looking to sell about 3.8m shares of momo.com. Woori Home Shopping will still hold about 7.9% stake in the company post share-sale. In this note, we share our thoughts on the selldown and run the deal through ECM framework.
Ford Equity International Rating and Forecast Report
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
Sequential decline in margins likely - 8454 TT; HOLD-OPF
Momo’s 1Q16 results beat consensus but were in line with our forecast. ​We maintain a neutral view as 1) we are cautious on likely margin pressure for online shopping; 2) contraction in the higher margin TV & catalogue businesses continues; and 3) regulation risk for TV shopping remains a concern.
Risk/reward profile still unattractive - 8454 TT; HOLD-OPF
​Momo’s March YoY sales growth slowed vs 2M16, as we feared. Although we expect online shopping revenue to likely rise over 20% YoY off a low base, we remain cautious on likely margin pressure due to promotions, and continuing contraction in the high margin TV & catalogue businesses. The stock is trading at 22x 2016F P/E with 11% 2017F EPS growth, which is fair in our view. Future changes to regulation are a likely overhang for the company.
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.