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Weibo Corporation (WB)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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21.67+0.21 (+0.98%)
At close: 04:00PM EDT
21.67 0.00 (0.00%)
After hours: 04:28PM EDT
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  • r
    robert
    What you thing what are the present states that Chinese government just announced that they want local institutional investors to increase equity investments.
  • Z
    Zack
    $LI conversation
    20th National Congress of China will be held in November 2022.
    MSCI China is on average up 31% 12 months leading to the National Congress. Why ?
    The Chinese government usually would stimulate the economy to show good statistics before the Congress meetings.

    US market's meltdown should have little to no correlation with the Chinese internet sector anymore.
    $JD $HUYA $BABA $BILI $TME $YSG $LI $NIO $QQQ $KWEB $TUYA $PDD $XNET $XPENG $NIO $YMM $WB $ZH
  • Z
    Zack
    Zhihu Inc.
    Chinese government just announced that they want local institutional investors to increase equity investments. This could benefit HK and Shanghai stonks alot. Names like $ZH, which are dual- primary listed in HK and US can be invested by mainland investors under the stock connect scheme. Super bullish but market ain't aware of that yet.

    The CSRC also announced they have been meeting with the PCAOB on a weekly basis to sort out auditing issues and will be done with it in the near-term.
    CSRC again confirmrd that foreign-listing is the way forward because Chinese financial markets are still underdeveloped.

    HK lockdown just ended and Shanghai's one is recovering and coming to an end in the coming week. Comparing the two nations from a monetary policy perspective, CN gov is easing while the US is tightening. It's a no brainer to buy China now.

    Not to mention how many of the stocks have low PE , trades less than book value and have lots of cash and can still perform share buybacks. Load up and start printing some RMB with me !
    Buy China in larger proportions and sell US is the way forward in the coming year.

    $ZH $HUYA $IQ $TME $XPENG $NIO $JD $LI $BABA $HSI $KWEB $WB $XNET $DOYU $BILI $PDD $TIGR $FUTU $MOMO $NTES $BEKE $DIDI $YMM $ZLAB $CAN $RENN $YSG $VIOT $QTT $TAL $TUYA
  • R
    Richard
    I hate companies that cannot even say in advance when their ERs will be released. It smacks of poor financial reporting systems or possible manipulation of the numbers.
  • Y
    Yahoo Finance Insights
    9898.HK is up 13.06% to 187.00
  • Y
    Yahoo Finance Insights
    Weibo is up 9.18% to 23.20
  • H
    Hong
    What is the sudden drop?
  • s
    saros
    I heard about WB the other day on (http://alert-sounds.com/). It’s looking like an interesting play.
  • M
    Matthieu
    WB is added to SEC delist list and goes down 2%, meanwhile BABA dropping 5% on news that WB is getting delisted… woah
  • A
    Arslan
    Awww its amazing rise with nice volume for batter days to come, you can see daily update from here: https://cheelzapk.com/
  • K
    Kevin
    Management will be very thankful to SEC if WB is delisted. They may have valid execuse to privatize the company at very low price. The question is WHERE IS THE BOTTOM?
  • N
    No
    Let's see if WB is worth keeping...4th quarter reported profit/sh of $0.83 , compare to a year before, it's down $0.10 (was $0.93/sh). But a year ago the sh price was $52 NOT $25. Sooo? Although per sh profit has slipped 10 cents or 11%, the sh price has slipped more than 50percent. Sounds to me WB is extremely cheap and at a much better value now than a year ago. Time to ignore the nay sayers and accumulate slowly.
  • b
    baughn
    Everyone wants to earn money and quick money. You can earn money quickly in different ways. If you are interested in it, I would suggest you visit (https://apkzonestar.com/)
  • D
    Dan
    News travels slow on Yahoo, WB, SEC added to delist.
  • B
    Be_Positive
    I sold and got out... Here is why -

    The Ukraine invasion is casting an unflattering light on the role of China’s private technology groups, including Tencent, Sina Weibo and ByteDance, in disseminating official misinformation, posing difficult compliance issues for the companies’ foreign investors.

    The internet platforms of tech giants in China are promoting content backing Russian president Vladimir Putin’s attack on Ukraine while suppressing posts that are sympathetic to Kyiv, potentially conflicting with international funds’ corporate and social responsibility commitments and public statements against the war.

    In the conflict’s opening days, Beijing followed Moscow in blaming the US for instigating the crisis. False reports of Ukraine’s president Volodymyr Zelensky fleeing Kyiv and Ukrainian troops surrendering were shared widely in China. This week, Russian disinformation reports of US-run biological laboratories in Ukraine with “large quantities of dangerous viruses” were repeated by China’s foreign ministry spokesperson and state media.

    All media's are puppet to Chinese government.
  • W
    Watcharat
    Anyone holding or buying into earnings?
  • c
    cmclay595
    All time lows before earnings, what the heck I bought 100 shares at 26.5.
  • j
    jiangxi
    Several today's articles on WB's Q3 report have some incorrect numbers regarding Q4 guidance. I did some homework and calculated the correction Q4 guidance numbers as below.

    Weibo's guide for Q4 -
    "Business Outlook
    For the fourth quarter of 2020, Weibo estimates its net revenues to increase by 1% to 3% year-over-year on a constant currency basis.
    This forecast includes revenues estimate of an interactive entertainment company which was acquired and consolidated to the Company
    in November 2020 and represents approximately 2% of our revenues estimate this quarter. This forecast reflects Weibo's current and
    preliminary view, which is subject to change."

    Yahoo finance estimate for WB's 2020Q4: Revenue: US$489.39M, Sales Growth (year/est): 4.5%.

    Yahoo finance info for WB‘s 2019Q4 revenue: US$468.15M.

    Today's currency exchange rate is 1$US=6.54Chinese Yuan and the rate used in Q4 2019 report is 1$US=6.94Chinese Yuan.

    The correct calculation results for WB's Q4 guided numbers should be as below:

    2019Q4 Revenue in Chinse Yuan: US$468.15M*6.94=3,249M Chinese Yuan

    2020Q4 Revenue guidance calculations:

    Low-end 2020Q4 Revenue (1% increase over 2019 Q4 in constant currency) = 2019Q4*1.01=3,249M Chinese Yuan*1.01 = 3,281.5M Chinese Yuan = 3,281.5M Chinese Yuan/6.54 = US$501.8M

    High-end 2020Q4 Revenue (3% increase over 2019 Q4 in constant currency) = 2019Q4*1.03=3,249M Chinese Yuan*1.03 = 3,346.5M Chinese Yuan = 3,281.5M Chinese Yuan/6.54 = US$511.7M

    So, WB's guided 2020 Q4 revenue should be between US$501.8M (7.2% growth yoy) and US$511.7M (9.2% growth yoy) while the current expected 2020 Q4 revenue in Yahoo Finance is only US$489.39M (4.5% growth yoy).
  • P
    Pete
    anyone here losing money or is it just me?
  • m
    millenniumman123
    This stock has more than 65 percent shorts held.to a low float. This is even more expensive to borrow than $gme, $bbby, $wb, and $pltr. Shorts wont be able to handle it.. They will lose money even if stock doesnt move up from here! We will be breaking 50 soon!