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GOOG - Google Inc

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GOOG - Google Inc

Postby Bongo666 » May 23rd, 2008, 11:12 pm

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Website


http://investor.google.com/

Google Prospectus

GOOG - Google Prospectus.pdf


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Bongo666
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Google 1st quarter 2009 results surprise

Postby Bongo666 » April 17th, 2009, 11:59 am

After the initial post on this forum the Google share price has halved but still not anywhere near good value. Having said that they have been benefactors of the global slowdown as companies go online instead of using traditional expensive media.

Google posted stronger-than-expected first-quarter profit despite a broad-based slump in advertising spending, sending its shares up 5 percent in extended trading.

The No. 1 U.S. Internet search company's revenue was US$5.51 billion, up 6 percent from year-ago quarter, and was roughly in line with analysts' average expectation of $5.53 billion.

But revenue fell 3 percent from the 2008 fourth quarter.

Google reported a net profit in the first quarter ended March 31 of $1.42 billion, or $4.49 cents a share, up from $1.31 billion, or $4.12 a share, a year earlier.

Excluding special items, Google earned $5.16 a share, ahead of Wall Street's estimate of $4.93 cents, according to Reuters Estimates.

Google said that paid clicks, by surfers on its text-based search ads, increased 17 percent year-over-year in the first quarter, and rose 3 percent from the last quarter.




I would be interested in anything less than $US100 per share :mrgreen:
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Bongo666
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GOOG: Has Google lived up to the hype?

Postby Share Investor » February 2nd, 2012, 8:03 am

Originally from Share Investor Blog

When Google (GOOG) listed on the NASDAQ Stock Exchange 3 years ago there was much hype surrounding the IPO, people were tripping over themselves to get stock and brokers sang its praises from Wall Street to as many people as they could.

Has the IPO lived up to all the hype and excitement?


If the share price is anything to go by then the answer would have to be a resounding yes.

The closing price for Google stock on October 10 was US$625.68c, up over 45% over the last year and up over 700% on its $85 IPO price.

Those are some spectacular figures, rivaling only Scarlett Johanson and Jessica Alba for sexiness.


Image

Some other spectacular figures are its trailing P/E of 50.82 and almost $200 billion market cap,
making it one of the biggest listed companies in America, now even bigger than Walmart, (WMT).

While Google is growing very quickly with revenue and profit increasing, the financial data that might support the stock price doesn't match.

Buyers of Google stock have driven the share price up so high at the level it is now there is humongous growth already factored in.


Clearly Google is a very smart company, it dominates its rather large niche in online advertising and continues to develop innovative and clever ways to get more eyeballs watching its ads.

We have seen this sort of thing happen many times before with "tech" type companies, IBM used to dominate the mainframe and then PC market and now doesn't, and Microsoft (MSFT) the PC operating system and software market which it still largely does but it shows early signs of slipping.

No company can continue to operate with the spectacular growth that Google is currently experiencing and its stock price is clearly way over valued.

Look at Microsoft again. By comparison its financial data figures make Jessica Alba look like Joan Rivers after a late night drunken spree.


Microsoft has a net profit bigger than Google's revenue with a trailing P/E of just over 21, better profit margins, a dividend and a stock price of just 30 bucks.

Are you getting my point!!

While Google is a fantastic company with a great future, its stock is massively overpriced and any sustained weakness in its performance will see the stock fall just as quickly as it went up.

Be careful.
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