Facebook value set at up to $95bn

busybeeburns · 05-05-2012, 08:40 AM

Facebook value set at up to $95bn

Facebook sets the share price for its upcoming initial public offering at between $28 and $35 per share, valuing the company at $85bn-$95bn.

Black Rose · 07-05-2012, 07:52 PM

The bubble will burst, like it did in the early 2000s, then those shares will be worthless.

Black Rose · 25-05-2012, 10:53 PM

The share prices are decreasing.

Will facebook start trying to stick adverts on the mobile phone ads next?

busybeeburns · 30-05-2012, 12:30 PM

Facebook shares dip below $29 to new low

Facebook shares have dipped below $29 for the first time since their flotation to a new low.

The shares were launched at $38 less than two weeks ago during its high-profile flotation, which valued the firm at $104bn (£66bn).

Since then, Facebook's shares have lost almost a quarter of their value.

Russia's biggest social network, VKontakte, has now postponed its stock market launch, fearing a repeat of Facebook's problems.

"The IPO of FB [Facebook] destroyed the faith of many private investors in social networks," said chief executive Pavel Durov in a message posted on Twitter.

Facebook shares closed down 9.6% to $28.82, just above its low of $28.78.

One reason for the fall in shares since its initial public offering (IPO) is that Tuesday was the first day that options on Facebook stock began trading.

Options are a form of derivative, that allow bets on the future direction of the stock. It appears that most investors are betting Facebook shares will head lower.

"Facebook's stock market debut is already going down as one of the most troubled of recent years," says BBC technology correspondent Rory Cellan-Jones.

The situation is a remarkable turnaround from recent weeks, when the eight-year-old firm's share sale was over-subscribed. The social networking site has transformed the way in which hundreds of millions of people around the world communicate. It is also transforming the way companies advertise to existing and potential customers.

But Facebook's 900 million users helped the company generate just $1bn in profit last year, and there are concerns about its ability to increase profits in the future.

The flotation was disrupted on its first day of trading by technical glitches on the Nasdaq stock exchange. The share price has since slumped amid worries that the company was over-valued by advisers marketing the float.

Now, a group of investors has issued a class-action lawsuit alleging that Facebook revenues were revised down because of a surge in the number of people using mobile devices for apps and connection to websites.

The suit targets Facebook, its founder Mark Zuckerberg and the banks behind the flotation, including lead underwriter Morgan Stanley.

The share sale in New York raised $16bn for Facebook.

Recent reports suggested that Facebook is to launch its own smartphone by next year.

Coldplay · 31-05-2012, 06:17 AM

Quote:
Originally Posted by busybeeburns;5309630
Recent reports suggested that Facebook is to launch its own smartphone by next year.

Caroline · 31-05-2012, 06:26 AM

Zuckerberg is only worth 14 billion now. We should take up a collection for him.

Black Rose · 01-06-2012, 11:19 PM

The targetted adverts are rubbish

busybeeburns · 18-08-2012, 09:46 AM

Facebook shares fall by 6% as lock-up period ends

Facebook shares have fallen heavily as the first lock-up period, which stops sales by early investors, ended.

Shares fell by 6.27% to $19.87 at close of trade in New York, down from $20.74 on Wednesday.

About 271 million shares become eligible to be sold on Thursday. Some 421 million shares have been trading since Facebook shares were floated in May at $38 each.

Since then, Facebook's share price has fallen, amid worries over its strategy.

In early trade on Thursday the shares were down by more than 6%.

Lock-ups prevent company insiders from selling their shares in a newly-floated firm, and usually start to expire 90 days from the initial public offering (IPO).

They are designed to prevent the share price from fluctuating wildly if too many investors decide to sell their shares all at once.

This week, Facebook's operating chief Sheryl Sandberg and finance chief David Ebersman are eligible to sell stock they own. Microsoft, an early Facebook shareholder, will be free to do so too. Other eligible investors include Goldman Sachs and Accel Partners.

However, Mark Zuckerberg, Facebook's chief executive, will not be able to sell his shares until mid-November.

Other tech companies that have floated recently have seen their share prices fall following the expiration of lock-up periods.

Linkedin shares dropped about 7% when its lock-up period expired before rebounding, while Groupon fell 10% on its expiration day.

Facebook has lost some of its lustre since its May flotation and after reporting a $157m loss in the second quarter, although most of the loss was due to pay-outs to the company's early investors, including chief executive Mark Zuckerberg.

There are concerns over Facebook's revenue streams, and whether it can make money from people using the site on mobile devices, as users move from the computer desktop version to accessing the site via mobile phone.

The company is now making less money from each user as it becomes more difficult to generate advertising revenue.

Including the shares that became eligible for trade on Thursday, over the next few months, up to 1.91bn more shares could come on to the market as various lock-in periods end.

The next lock-up periods expire on the following dates:

• 15 October: 249 million shares

• 14 November: 1.32 billion shares

• 14 December: 49 million shares

• 13 May 2013: 47 million shares

http://www.bbc.co.uk/news/business-19285925

Black Rose · 18-08-2012, 08:33 PM

Best to sell those shares them, the only way is down.

05-05-2012, 08:40 AM	#1
busybeeburns mr coldplaying himself Join Date: Sep 2002 Posts: 46,347 My Mood: Location: test Gender: Country: Seen CP: 20 times Fav. CP album: X&Y Fav. CP song: GPASUYF Fav. CP member: Chat posts: 5 Thanks given: 1,554 Thanked 941 Times in 423 Posts	Facebook value set at up to $95bn Facebook value set at up to $95bn Facebook sets the share price for its upcoming initial public offering at between $28 and $35 per share, valuing the company at $85bn-$95bn.

07-05-2012, 07:52 PM	#2
Black Rose Bear with me Join Date: Jun 2005 Posts: 47,548 My Mood: Location: A strangeland under the iron sea where hopes & fears can make the night train be in perfect symmetry Gender: Country: Chat posts: 0 Thanks given: 6 Thanked 107 Times in 85 Posts	The bubble will burst, like it did in the early 2000s, then those shares will be worthless. __________________ You could take a picture of something you see In the future where will I be? You could climb a ladder up to the sun Or write a song nobody had sung Or do something that's never been done

25-05-2012, 10:53 PM	#3
Black Rose Bear with me Join Date: Jun 2005 Posts: 47,548 My Mood: Location: A strangeland under the iron sea where hopes & fears can make the night train be in perfect symmetry Gender: Country: Chat posts: 0 Thanks given: 6 Thanked 107 Times in 85 Posts	The share prices are decreasing. Will facebook start trying to stick adverts on the mobile phone ads next? __________________ You could take a picture of something you see In the future where will I be? You could climb a ladder up to the sun Or write a song nobody had sung Or do something that's never been done

30-05-2012, 12:30 PM	#4
busybeeburns mr coldplaying himself Join Date: Sep 2002 Posts: 46,347 My Mood: Location: test Gender: Country: Seen CP: 20 times Fav. CP album: X&Y Fav. CP song: GPASUYF Fav. CP member: Chat posts: 5 Thanks given: 1,554 Thanked 941 Times in 423 Posts	Facebook shares dip below $29 to new low Facebook shares dip below $29 to new low Facebook shares have dipped below $29 for the first time since their flotation to a new low. The shares were launched at $38 less than two weeks ago during its high-profile flotation, which valued the firm at $104bn (£66bn). Since then, Facebook's shares have lost almost a quarter of their value. Russia's biggest social network, VKontakte, has now postponed its stock market launch, fearing a repeat of Facebook's problems. "The IPO of FB [Facebook] destroyed the faith of many private investors in social networks," said chief executive Pavel Durov in a message posted on Twitter. Facebook shares closed down 9.6% to $28.82, just above its low of $28.78. One reason for the fall in shares since its initial public offering (IPO) is that Tuesday was the first day that options on Facebook stock began trading. Options are a form of derivative, that allow bets on the future direction of the stock. It appears that most investors are betting Facebook shares will head lower. "Facebook's stock market debut is already going down as one of the most troubled of recent years," says BBC technology correspondent Rory Cellan-Jones. The situation is a remarkable turnaround from recent weeks, when the eight-year-old firm's share sale was over-subscribed. The social networking site has transformed the way in which hundreds of millions of people around the world communicate. It is also transforming the way companies advertise to existing and potential customers. But Facebook's 900 million users helped the company generate just $1bn in profit last year, and there are concerns about its ability to increase profits in the future. The flotation was disrupted on its first day of trading by technical glitches on the Nasdaq stock exchange. The share price has since slumped amid worries that the company was over-valued by advisers marketing the float. Now, a group of investors has issued a class-action lawsuit alleging that Facebook revenues were revised down because of a surge in the number of people using mobile devices for apps and connection to websites. The suit targets Facebook, its founder Mark Zuckerberg and the banks behind the flotation, including lead underwriter Morgan Stanley. The share sale in New York raised $16bn for Facebook. Recent reports suggested that Facebook is to launch its own smartphone by next year. __________________ The early bird catches the worm. The second mouse gets the cheese!

31-05-2012, 06:17 AM	#5
Coldplay Coldplayer Join Date: Mar 2009 Posts: 7,908 Chat posts: 0 Thanks given: 768 Thanked 512 Times in 254 Posts	Quote: Originally Posted by busybeeburns;5309630 Recent reports suggested that Facebook is to launch its own smartphone by next year. __________________ last.fm

31-05-2012, 06:26 AM	#6
Caroline Be A Bright Red Rose Join Date: Nov 2008 Posts: 4,068 My Mood: Location: Home, where I wanted to go... Gender: Country: Chat posts: 0 Thanks given: 1 Thanked 74 Times in 29 Posts	Zuckerberg is only worth 14 billion now. We should take up a collection for him. __________________ I'm aware of everyone running around and there's always a panic about something. The rains coming down, the wrist bands aren't working or Will-he's benched pressed too much and his abs have burst. I don't know what the problems might be, Guy's just become too handsome to be lit properly or Jonny's fingers have begun to move too fast and he can play too many notes. Whatever the problem is, I always enjoy watching it get solved before 9pm.

01-06-2012, 11:19 PM	#7
Black Rose Bear with me Join Date: Jun 2005 Posts: 47,548 My Mood: Location: A strangeland under the iron sea where hopes & fears can make the night train be in perfect symmetry Gender: Country: Chat posts: 0 Thanks given: 6 Thanked 107 Times in 85 Posts	The targetted adverts are rubbish __________________ You could take a picture of something you see In the future where will I be? You could climb a ladder up to the sun Or write a song nobody had sung Or do something that's never been done

18-08-2012, 09:46 AM	#8
busybeeburns mr coldplaying himself Join Date: Sep 2002 Posts: 46,347 My Mood: Location: test Gender: Country: Seen CP: 20 times Fav. CP album: X&Y Fav. CP song: GPASUYF Fav. CP member: Chat posts: 5 Thanks given: 1,554 Thanked 941 Times in 423 Posts	Facebook shares fall by 6% as lock-up period ends Facebook shares have fallen heavily as the first lock-up period, which stops sales by early investors, ended. Shares fell by 6.27% to $19.87 at close of trade in New York, down from $20.74 on Wednesday. About 271 million shares become eligible to be sold on Thursday. Some 421 million shares have been trading since Facebook shares were floated in May at $38 each. Since then, Facebook's share price has fallen, amid worries over its strategy. In early trade on Thursday the shares were down by more than 6%. Lock-ups prevent company insiders from selling their shares in a newly-floated firm, and usually start to expire 90 days from the initial public offering (IPO). They are designed to prevent the share price from fluctuating wildly if too many investors decide to sell their shares all at once. This week, Facebook's operating chief Sheryl Sandberg and finance chief David Ebersman are eligible to sell stock they own. Microsoft, an early Facebook shareholder, will be free to do so too. Other eligible investors include Goldman Sachs and Accel Partners. However, Mark Zuckerberg, Facebook's chief executive, will not be able to sell his shares until mid-November. Other tech companies that have floated recently have seen their share prices fall following the expiration of lock-up periods. Linkedin shares dropped about 7% when its lock-up period expired before rebounding, while Groupon fell 10% on its expiration day. Facebook has lost some of its lustre since its May flotation and after reporting a $157m loss in the second quarter, although most of the loss was due to pay-outs to the company's early investors, including chief executive Mark Zuckerberg. There are concerns over Facebook's revenue streams, and whether it can make money from people using the site on mobile devices, as users move from the computer desktop version to accessing the site via mobile phone. The company is now making less money from each user as it becomes more difficult to generate advertising revenue. Including the shares that became eligible for trade on Thursday, over the next few months, up to 1.91bn more shares could come on to the market as various lock-in periods end. The next lock-up periods expire on the following dates: • 15 October: 249 million shares • 14 November: 1.32 billion shares • 14 December: 49 million shares • 13 May 2013: 47 million shares http://www.bbc.co.uk/news/business-19285925 __________________ The early bird catches the worm. The second mouse gets the cheese!

18-08-2012, 08:33 PM	#9
Black Rose Bear with me Join Date: Jun 2005 Posts: 47,548 My Mood: Location: A strangeland under the iron sea where hopes & fears can make the night train be in perfect symmetry Gender: Country: Chat posts: 0 Thanks given: 6 Thanked 107 Times in 85 Posts	Best to sell those shares them, the only way is down. __________________ You could take a picture of something you see In the future where will I be? You could climb a ladder up to the sun Or write a song nobody had sung Or do something that's never been done

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