GOOGLE_Chinês
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Ia por agora mesmo essa noticia
NEW YORK, Sept 14 (Reuters) - Two of Baidu.com's
bankers for its initial public offering began research coverage
of the Chinese Internet company on Wednesday, both rating the
stock as an "underperform," MarketWatch reported on its
website.
Piper Jaffray set a price target on the stock of $45 and
Goldman Sachs said the implied value of the shares is about
$27, according to MarketWatch.
Shares of Baidu.com, which has been described as the
Chinese Google , more than quadrupled on their first
day in the most spectacular U.S. market entry in five years.
Baidu shares were sharply lower in premarket trading
Wednesday morning on the Inet electronic brokerage network. The
stock was down $17.64, or 15.5 percent, at $95.95 after closing
Tuesday at $113.59 on Nasdaq.
((Dan Burns, Wall Street Newsdesk +1 646 223 6110))
NEW YORK, Sept 14 (Reuters) - Two of Baidu.com's
bankers for its initial public offering began research coverage
of the Chinese Internet company on Wednesday, both rating the
stock as an "underperform," MarketWatch reported on its
website.
Piper Jaffray set a price target on the stock of $45 and
Goldman Sachs said the implied value of the shares is about
$27, according to MarketWatch.
Shares of Baidu.com, which has been described as the
Chinese Google , more than quadrupled on their first
day in the most spectacular U.S. market entry in five years.
Baidu shares were sharply lower in premarket trading
Wednesday morning on the Inet electronic brokerage network. The
stock was down $17.64, or 15.5 percent, at $95.95 after closing
Tuesday at $113.59 on Nasdaq.
((Dan Burns, Wall Street Newsdesk +1 646 223 6110))
U.S.-listed shares of Baidu.com (BIDU: news, chart, profile) were last down $22.23, or 19.6%, at $91.36 in pre-market trading on Instinet.
Both brokers said their ratings did not in any way reflect on the successful business model of the company, which has allowed Baidu.com to become the leading Internet search engine in China.
"But Baidu's current stock price has far exceeded even the most aggressive valuations and is distinctly 'off the chart' in our view," said Safa Rashtchy, analyst at Piper Jaffray.
Rashtchy set a $45 price target on the stock -- a mark, the analyst says, that includes an aggressive valuation premium.
Over at Goldman Sachs, analyst Anthony Noto values the stock at around $27, with the broker's most optimistic assessment offering up an implied value for the company of about $45, some 60% below current levels.
Nevertheless both analysts remain upbeat about the company's prospects.
Noto's forecasting growth rates of 35% for revenue and 40% for earnings per share between 2006 and 2009. In 2006 alone, the Goldman Sachs analyst estimates Baidu.com will see earnings-per-share growth of 106% on a 71% jump in revenue.
Noto bases his forecast on the company's solid results to date and on an exploding Chinese market.
"By 2008, the number of Internet users in China should reach 252 million, surpassing that of the U.S. despite only representing 19% of the expected population at that time vs. 71% for the U.S," said Noto. "These strong secular growth trends provide a positive backdrop for Baidu."
For Rashtchy, Baidu.com will benefit from a rapidly growing sponsored-search market in China.
The Piper Jaffray analyst said sponsored search currently represents a market of around $134 million but should approach $1 billion by 2010, driven by increasing query volume and higher advertiser participation and spending levels.
"Search queries are growing at a very rapid rate, expected to double in 2005 and continue to grow fast, as increasing relevancy and higher user familiarity with search engines creates more usage," asid Rashtchy.
At the same time, said the analyst, the low cost of sponsored search and its effectiveness are attracting an increasing number of advertisers and allowing for "click charges" to go up.
Disclosing its interest in Baidu.com, Piper Jaffray has received compensation for investment banking services from the company in the past 12 months. It was also making a market in the company's securities at the time its research report was published.
Goldman Sachs has managed or co-managed a public offering Baidu.com in the past 12 months and a makes a market in the company's securities
Both brokers said their ratings did not in any way reflect on the successful business model of the company, which has allowed Baidu.com to become the leading Internet search engine in China.
"But Baidu's current stock price has far exceeded even the most aggressive valuations and is distinctly 'off the chart' in our view," said Safa Rashtchy, analyst at Piper Jaffray.
Rashtchy set a $45 price target on the stock -- a mark, the analyst says, that includes an aggressive valuation premium.
Over at Goldman Sachs, analyst Anthony Noto values the stock at around $27, with the broker's most optimistic assessment offering up an implied value for the company of about $45, some 60% below current levels.
Nevertheless both analysts remain upbeat about the company's prospects.
Noto's forecasting growth rates of 35% for revenue and 40% for earnings per share between 2006 and 2009. In 2006 alone, the Goldman Sachs analyst estimates Baidu.com will see earnings-per-share growth of 106% on a 71% jump in revenue.
Noto bases his forecast on the company's solid results to date and on an exploding Chinese market.
"By 2008, the number of Internet users in China should reach 252 million, surpassing that of the U.S. despite only representing 19% of the expected population at that time vs. 71% for the U.S," said Noto. "These strong secular growth trends provide a positive backdrop for Baidu."
For Rashtchy, Baidu.com will benefit from a rapidly growing sponsored-search market in China.
The Piper Jaffray analyst said sponsored search currently represents a market of around $134 million but should approach $1 billion by 2010, driven by increasing query volume and higher advertiser participation and spending levels.
"Search queries are growing at a very rapid rate, expected to double in 2005 and continue to grow fast, as increasing relevancy and higher user familiarity with search engines creates more usage," asid Rashtchy.
At the same time, said the analyst, the low cost of sponsored search and its effectiveness are attracting an increasing number of advertisers and allowing for "click charges" to go up.
Disclosing its interest in Baidu.com, Piper Jaffray has received compensation for investment banking services from the company in the past 12 months. It was also making a market in the company's securities at the time its research report was published.
Goldman Sachs has managed or co-managed a public offering Baidu.com in the past 12 months and a makes a market in the company's securities
Baidu.com dispara 354% na sua estreia no Nasdaq
DE com Expansion
O motor de busca chinês estreou-se na passada sexta-feira no índice Nasdaq da Bolsa de Nova Iorque, a referência dos títulos tecnológicos da Wall Street, quadruplicando o seu valor em bolsa, ao disparar 354%, a maior subida numa colocação de acções em quatro anos.
Este trata-se do maior rendimento no primeiro dia de cotação para uma empresa estrangeira no história do Nasdaq.
A Baidu.com colocou 12,5% do seu capital na bolsa norte-americana, o que equivale a 4,04 milhões de acções.
De acordo com o 'ranking' de audiências na Internet da empresa Alexa, o motor de busca chinês encontra-se em sexto lugar do 'sites' visitados na Internet a nível mundial.
Entretanto, o portal Yahoo! poderá comprar 35% do Alibaba.com, a maior empresa chinesa de comércio electrónico por 1000 milhões de dólares (809,7 milhões de euros, segundo noticiou a revista 'Forbes', num acordo que representaria o maior investimento de uma empresa estrangeira no sector da Internet.
A operação incluiria a entrada da tecnológica norte-americana nos portais chineses Alibaba.com e Taobao.com, os quais se incluem nos 40 sites mais visitados na Internet a nível mundial, segundo a empresa Alexa.
DE com Expansion
O motor de busca chinês estreou-se na passada sexta-feira no índice Nasdaq da Bolsa de Nova Iorque, a referência dos títulos tecnológicos da Wall Street, quadruplicando o seu valor em bolsa, ao disparar 354%, a maior subida numa colocação de acções em quatro anos.
Este trata-se do maior rendimento no primeiro dia de cotação para uma empresa estrangeira no história do Nasdaq.
A Baidu.com colocou 12,5% do seu capital na bolsa norte-americana, o que equivale a 4,04 milhões de acções.
De acordo com o 'ranking' de audiências na Internet da empresa Alexa, o motor de busca chinês encontra-se em sexto lugar do 'sites' visitados na Internet a nível mundial.
Entretanto, o portal Yahoo! poderá comprar 35% do Alibaba.com, a maior empresa chinesa de comércio electrónico por 1000 milhões de dólares (809,7 milhões de euros, segundo noticiou a revista 'Forbes', num acordo que representaria o maior investimento de uma empresa estrangeira no sector da Internet.
A operação incluiria a entrada da tecnológica norte-americana nos portais chineses Alibaba.com e Taobao.com, os quais se incluem nos 40 sites mais visitados na Internet a nível mundial, segundo a empresa Alexa.
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Alguém que seja cliente do BNParibas sabe informar se eles negoceiam esse certificado?
O mesmo questionava sobre a LJcarregosa;
BFS para todos
O mesmo questionava sobre a LJcarregosa;
BFS para todos
Toolbar de bolsa com chat, download:
http://gabinforme.ForumToolbar.com
BLOG com detalhes sobre toolbar:
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GOOGLE_Chinês
Baidu.com (bidu)= "GoogleChinês"
Infelizmente não tinha como entrar no google chinês pois não estava disponivel para negociação na corretora,(ADR - os certificados de depósito norte-americanos).
Infelizmente não tinha como entrar no google chinês pois não estava disponivel para negociação na corretora,(ADR - os certificados de depósito norte-americanos).
Toolbar de bolsa com chat, download:
http://gabinforme.ForumToolbar.com
BLOG com detalhes sobre toolbar:
http://gabinforme.blogspot.com/
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