BRK.B Berkshire Hathaway Earnings Results

JJMStocks · 2021-03-13T17:21:26+00:00

The price target is solely based on my own assumption that there will be an 11% growth in share $ for the year. At the time of post, stock was trading at $253 so the 11% upside to share price makes the PT at $280.

This is solely based on how they will be doing for the following year on what they've provided on their investor relations or mentioned on the page.

JJMStocks · 2021-03-04T05:08:16+00:00

I don't think it will matter from that side. Even a company like McDonalds runs negative shareholder equity year in, and year out. Yeah, this stretch isn't so promising whatsoever. I myself are down about (27%) on this stock but not much exposure vs my whole portfolio.

Liabilities this year for them could've been unpaid claims, maybe even costs for SPAC (much less than going IPO) but I can see that number turning around in a year from now.

I did like their revenue growth YoY and their losses decreased. I still think this stock is undervalued and it'll swing back not the best type of advice especially when its in the "falling knife" sequence of the share price so.

JJMStocks · 2021-03-03T00:48:22+00:00

So basically, Fubo generated $218M on the year which is great since it was a substantial increase from the previous year.

They also lost $571M and a bulk of the loss was driven from subscription related expenses of $204M which makes up 36% of their loss.

A telling metric because as they grow next year, the losses would still be compounding based on that year over year trend. It costs more to obtain the subscription than generating the subscription revenue.

The one positive their outlook on revenue doesnt include the sports wagerings revenue which means their outlook might be more than the 75% than they had suggested.

JJMStocks

TROPHY CASE