AlexTeddySG
2022-06-22

$Meta Platforms, Inc.(META)$Surprise dip indeed. Still trying to understand what's the root causefor yesterday's sudden drop :

1. News of higher ad revenue for TikTok?

2. News of loss of revenue from Russian segment?

3. News of no taking up share of revenue from new content creators (Meta) till 2024?

4. News of agreeing to settle all charges of discrimination by changing algorithm for displaying housing ads which potentially can impact the revenue?

What is still not clear is the potential impact of projected earnings due to all of above events.

Which may have some impact on key ratios and there by METAs stand in valuations.

Fingers crossed till next earnings or any possible earier disclosure which take toll on revised Target Price.

Whatever it be, its time to buy little more after such a big dip. Got 20 more. šŸ˜€

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Comments

  • SvipS
    2022-06-24
    SvipS
    Next qtr result due 3rd week of Jul will be one of the key determinants of its advertising Biz direction but Nov results should be good as cost cutting measures implemented from late May to Jun.
  • BellaFaraday
    2022-06-24
    BellaFaraday
    How much does it cost you to own META? Is it convenient to tell?
    • AlexTeddySG:Ā 
      Thanks for asking. Started holding it from 250s. Current positions range from 223 to 176. Used DCA to accumulate.
  • Snakewood
    2022-06-25
    Snakewood
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  • SvipS
    2022-06-24
    SvipS
    Hope it give enough time for breather to catch up, assuming at 0% growth and not reduced actual revenue.
    • AlexTeddySG:Ā 
      Some last chance to get hold of it at low.
  • PagRobinson
    2022-06-22
    PagRobinson
    I think a big reason is that its potential for sustained growth has been questioned.
    • AlexTeddySG:Ā 
      True. But one should understand every growth will hit a plateau one day. META is in early stage of transition to next growth cycle. In my view. šŸ˜Š
  • MurrayBulwer
    2022-06-22
    MurrayBulwer
    Don't worry, it's just a short-term stock price adjustment.
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