Friday, May 11, 2012

Survey: Facebook value USD 96 Billion overpriced!

The predicted value of the company up to $ 96 billion after next week's IPO was considered too expensive. Of global investors Bloomberg poll conducted May 8 took 1253 samples of investors, analysts and traders, 79% said Facebook is not worth that high price.

In a recent prediction, the stock price up was estimated to be released USD 28-35 per share, making the company the world's largest social networking is worth 99 times the income. Once so the highest among the 99% of companies in the Standard & Poor's 500 Index.

By comparison, Google rewarded five times earnings. While based on data compiled by Bloomberg, eyeing up the price 24 times pendapatannnya assessment.

According to Oppenheimer & Co investment director. Bob Rich, communication and sharing of photos Facebook can indeed attract 900 million users. But Menlo Park, start-up based in California also had a chance to win the hearts of internet users with social sites a competitive new media.

"Once out, stocks will soar up, but then set fire to their owners. Assessment was too stupid and I would not put my clients' money close by," said Rich, one of the investors who participate in the survey, quoted by Business Week, Friday (11/5 /2012).

Only 7% of survey respondents who stated appraisal was appropriate up prices, while 3% said the price is still low. The rest, 11% said confused or do not know how Facebook should be appreciated.

So far, the amount of interest from institutional investors, the IPO is lower than expected. They worried about Facebook's growth prospects, according to one familiar with the business.

Facebook has shown slowing revenue growth. Last year Mark Zuckerberg pioneering company recorded a 88% increase in revenue to U.S. $ 3.71 billion.According to researcher eMarketer Inc.., Facebook revenue grow by only 64% to U.S. $ 6.1 billion this year. Thus, 2012 becomes the third year of slowing growth in Facebook row.

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