Tweeting The Sina Q4 2011 Earnings Call

  • Posted by
  • on February 27th, 2012

Sina reported disappointing Q4 2011 results and Q1 2012 guidance.

I tweeted the earnings call and have embedded some of my comments below. CEO Charles Chao did not sound confident and used the words “uncertain” and uncertainty” several times. The company is clearly concerned about the impact of real-name registration.

The legacy portal advertising business is under some pressure and the company blamed the disappointing Q1 guidance on a slowdown in Ecommerce and automotive sector advertising.

I would expect the stock to drop Tuesday and am curious to see how the sell side Sina bulls spin what can not possibly be called a positive release or conference call.

I have not had any position in Sina in almost two years but if it goes below $50 I may be a buyer. Weibo is still an amazing product with significant value, even if the “Facebook+Twitter of China” hype has blown off. The stock will probably get a bump around the Facebook IPO regardless.

Here are some of my tweets, apologies for any typos:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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