GoPro (GPRO) - Nasdaq

[The Jackal]

Prezzo IPO: $24

Debutto: oggi

Aperto sopra i $28

Flottante sul mercato: soli 17 milioni di pezzi...inevitabile il botto al rialzo per il primo giorno.

Gia' 20 milioni di pezzi scambiati, ovviamente molti saranno gli stessi passati piu' volte di mano, ma si fa' in fretta a capire perche' era destinata a salire.

 

[Skorp10]

GOPRO - Attesa a WallStreet dopo il boom della quotazione

GoPro [GPRO.O]
sotto i riflettori a WallStreet. La società che produce telecamere per le riprese sportive (surf, sci, lancio con il paracadute, gare in moto, ecc.) è sbarcata ieri a Wall Street mettendo a segno un guadagno del 31% rispetto al prezzo del collocamento. Il successo delle telecamere di GoPro è legato, oltre a resistenza e impermeabilità, a un software in grado di stabilizzare le immagini.
Questo permette riprese anche in situazioni estreme, che hanno spinto migliaia di utenti a registrare e condividere i propri video di qualità tramite Facebook, Instagram, Youtube, Google plus.
Immediato il successo del pubblico, i video prodotti con GoPro hanno registrato oltre 500 milioni di visualizzazioni. Per ora l'unico business della società è legato alla vendita delle telecamere, ma il business plan prevede di generare ricavi dai contenuti prodotti dagli utenti, creando una piattaforma dove caricare i propri filmati e raccogliere pubblicità.

Fondata 10 anni fa da Nicholas Woodman , ora a.d. del gruppo, GoPro è stata quotata al Nasdaq con un' Ipo che ha valutato il gruppo 2,96 miliardi di dollari.

Woodman ha ceduto 3,6 milioni di azioni incassando 85,5 milioni di dollari, con diritti di voto diluiti dal 49 al 48%. Tra gli altri soci venditori, Riverwood Capital LP, Foxconn Technology Group e Sageview Capital Partners. L'anno scorso la società ha venduto 3,8 milioni di telecamere ad un prezzo che parte da 199,99 dollari a 399,99 dollari; il margine lordo sceso al 37% nel 2013 dal 43% del 2012, a causa di maggiori costi di ricerca.
In un anno il fatturato è volato dell'87%. Homepage Websim


14:04-27/06

 

[The Jackal]

Secondo giorno:

+20 % ad oltre $37 per ora.

 

[Ale91MN]

io me ne sono prese un pò.... speriamo bene

 

[Ale91MN]

Comprate a 36,70 e inserito ordine vendita a 40.. Adesso sono andato a guardare ordine vendita eseguito e adesso quota 35... Mi è andata di c...

 

[The Jackal]

$46

Quasi +100% dal prezzo d'IPO.

Ora la ritengo cara, ma l'euforia non ha limiti.

 

[fred perry]

GOPRO: 46 $$$$$ + 14%...... questo sarà il titolo dell'anno, e non solo....
naturalmente nel forum passa nel disinteresse generale. ma è naturale, se sono aziende serie non vengono prese in considerazione, molto più interessanti le solite ciofeche......

 

[The Jackal]

GOPRO: 46 $$$$$ + 14%...... questo sarà il titolo dell'anno, e non solo....
naturalmente nel forum passa nel disinteresse generale. ma è naturale, se sono aziende serie non vengono prese in considerazione, molto più interessanti le solite ciofeche......

infatti tutti a parlare dell'IPO di Fineco

 

[Sal.Vi]

2❤14&More (Spread Spruzz Spiezz Spazz Spritz Spock Sputnik Switch Straddle Swap).

GPR0

GoPro [BLDG E, 3000 CLEARVIEW WAY, SAN MATEO -- CA], Inc. develops hardware and software solutions to alleviate consumer pain points associated with capturing, managing, sharing and enjoying engaging content. The Company’s mountable and wearable cameras and accessories, which the Company refer to as capture devices, enable professional-quality capture and exceptional versatility. In addition, the Company’s remote control solutions and its seamless integration with mobile devices through the GoPro App, its mobile application, enable engaging self-capture during virtually any activity. The Company seeks to eliminate the pain point of managing content by making it easy for its customers to transfer footage from their cameras to a system that efficiently organizes their content and facilitates convenient editing and sharing. GoPro Studio, its desktop application, and the GoPro App, reflect the early stages of its content management platform strategy.

GoPro Studio enables its customers to quickly edit simple or complex videos and create videos from time-lapse photo sequences. By facilitating the capture, management and editing of engaging photos and videos, the Company is ultimately helping its customers share more compelling personal content. GoPro Studio and the GoPro App facilitate the posting of photos and videos directly to a social networks and content platforms, including Facebook, Instagram, Twitter, Vimeo and YouTube. Thousands of GoPro customer photos and videos are shared daily, driving awareness and enthusiasm for its customers’ content, as well as for GoPro’s own brand and products. GoPro enables the production of entertaining and inspiring content, both in the form of its customers’ user-generated content (UGC), as well as GoPro originally produced content, that it collectively refer to as GoPro programming. The Company distributes GoPro programming through what it refer to as the GoPro Network, a collection of GoPro Channels hosted on a variety of platforms, including Facebook, Instagram, Twitter and YouTube.

The Company’s core capture product is the HERO line of cameras, the first high definition (HD) version. The Company’s HERO3+ cameras capture video and photos in a small, easy-to-use form factor. They come bundled with a protective waterproof housing and select mounting accessories and have built-in Wi-Fi, providing connectivity with a smartphone or tablet to enable remote control and content viewing and sharing functionality. The Company offers the HERO3 and HERO3+ cameras in White, Silver and Black editions. The Company also sells accessories, both bundled and separately, that enhances the functionality and versatility of its cameras and enables its customers to self-capture their experiences during a variety of activities and from different viewpoints. In addition to the Company’s standard packages, the Company offers the HERO3+ Black edition camera in music- and surf-specific bundles, which each come packaged with accessories tailored for their respective markets.

The Company’s premium accessories include the Battery BacPac, Wi-Fi Remote and LCD Touch BacPac, which expand the features, versatility and convenience of its cameras. Other accessories include spare batteries, charging accessories, cables to connect its GoPro cameras to televisions and monitors, video transmitters, external microphones, flotation devices, dive filters, anti-fogging solutions and accessories for the Wi-Fi Remote. GoPro Studio is a video editing tool that allows its customers to create professional quality videos from their GoPro content.

GoPro Studio includes GoPro Edit Templates, which are based on its own original video productions and enable its customers to quickly produce engaging, professional quality videos using their own footage.The GoPro App allows customers to control their GoPro cameras remotely using a smartphone or tablet. Features include full control of all camera settings, content preview and playback directly from the camera on a smartphone or tablet, and access to GoPro’s Photo of the Day, Video of the Day and content feeds. The GoPro App enables customers too easily and wirelessly copy footage from their cameras to mobile devices for storage and sharing without a computer.

The Company competes with Canon, Nikon, Olympus, Polaroid, Vivitar, JVC, Panasonic, Samsung, Sony and Toshiba, and Garmin.

Prezzo IPO: $24

Debutto: oggi

Aperto sopra i $28

Flottante sul mercato: soli 17 milioni di pezzi...inevitabile il botto al rialzo per il primo giorno.

Gia' 20 milioni di pezzi scambiati, ovviamente molti saranno gli stessi passati piu' volte di mano, ma si fa' in fretta a capire perche' era destinata a salire.

 

[bu$ine$$]

caspita che botto! tutta euforia?
ma qualche info sui multipli?
grazie....

 

[r.borghi]

A quanto si farà take profit??? Qui continua a salire in verticale e l'rsi sembra non faccia presupporre ipervenduto...

 

[freakazoid]

Arora @forbes

The stock of GoPro (GPRO) is hotter than its wearable action cameras. After its IPO at $24 a share the stock shot up to $31.34. With about 123.1 million shares outstanding, this gives the company a valuation of $3.86 billion.

GoPro CEO Nicholas Woodman has successfully pulled off alchemy by selling a gadget company stock as a media company to the investors. The alchemy is now worth about $3 billion out of the $3.86 billion valuation of the company. For comparison, take a look at a well established and respected camera company Nikon . In 2013, Nikon had revenue of $11 billion and trades at a price-to-sales multiple of about 0.6. GoPro, with revenue of about $1 billion, is approaching a price sales multiple of about 4.

Gadget companies traditionally receive low multiples because gadgets get commoditized, and the company must keep coming up with hit after hit. It was not long ago that the Flip Video camera was the hottest video camera on the market. Cisco (CSCO) paid $590 million to buy Pure Digital Technologies, the maker of Flip Cams. Two years later Cisco wrote down all of its investment and shut down the business. Cisco simply could not compete with copycats and camera phones.

Even though GoPro hardly derives any material revenue from content, its stock has been sold as that of a media company. GoPro has been successful among people who like to strap a camera on their helmet, chest, wrist, bike, or car and take a video of themselves performing action-sports.


What do people do with the action-sport videos shot with the GoPro camera? They mostly post them on YouTube, which is owned by Google GOOGL (GOOG). GoPro claims that about 6,000 videos shot with its cameras are uploaded to YouTube every day. The pitch is that GoPro content is directed at males between the ages of 18 and 34, which is a extremely attractive demographic for advertisers. Never mind that gaining viewers is one thing but successfully monetizing them quite another with a glut of advertising inventory on the net.

What if GoPro becomes an Apple AAPL (AAPL), complete with its own ecosystem? First, there is no ecosystem with GoPro like operating systems such as iOS and OS X, e-commerce service such as iTunes, and cloud service such as iCloud. Second, in spite of Apple’s tremendous success to become the most valuable brand in the world and its massive cash hoard, Apple trades at a price sales multiple of about 3.

It is true that GoPro is growing fast. Its 2013 revenue was about double of the revenue it generated in 2012. However, considering the number of new competitors in this market, the revenue growth from the sale of hardware will inevitably slow and eventually decline. As far as the media business of the company is concerned, it is totally untested. Investors jumping into this stock are simply buying on hope and ignoring the risks posed by this high valuation.

da tradare ebbasta? oh comunque caccia via la tradata di 'sti giorni

 

[mik77]

Arora @forbes

The stock of GoPro (GPRO) is hotter than its wearable action cameras. After its IPO at $24 a share the stock shot up to $31.34. With about 123.1 million shares outstanding, this gives the company a valuation of $3.86 billion.

GoPro CEO Nicholas Woodman has successfully pulled off alchemy by selling a gadget company stock as a media company to the investors. The alchemy is now worth about $3 billion out of the $3.86 billion valuation of the company. For comparison, take a look at a well established and respected camera company Nikon . In 2013, Nikon had revenue of $11 billion and trades at a price-to-sales multiple of about 0.6. GoPro, with revenue of about $1 billion, is approaching a price sales multiple of about 4.

Gadget companies traditionally receive low multiples because gadgets get commoditized, and the company must keep coming up with hit after hit. It was not long ago that the Flip Video camera was the hottest video camera on the market. Cisco (CSCO) paid $590 million to buy Pure Digital Technologies, the maker of Flip Cams. Two years later Cisco wrote down all of its investment and shut down the business. Cisco simply could not compete with copycats and camera phones.

Even though GoPro hardly derives any material revenue from content, its stock has been sold as that of a media company. GoPro has been successful among people who like to strap a camera on their helmet, chest, wrist, bike, or car and take a video of themselves performing action-sports.


What do people do with the action-sport videos shot with the GoPro camera? They mostly post them on YouTube, which is owned by Google GOOGL (GOOG). GoPro claims that about 6,000 videos shot with its cameras are uploaded to YouTube every day. The pitch is that GoPro content is directed at males between the ages of 18 and 34, which is a extremely attractive demographic for advertisers. Never mind that gaining viewers is one thing but successfully monetizing them quite another with a glut of advertising inventory on the net.

What if GoPro becomes an Apple AAPL (AAPL), complete with its own ecosystem? First, there is no ecosystem with GoPro like operating systems such as iOS and OS X, e-commerce service such as iTunes, and cloud service such as iCloud. Second, in spite of Apple’s tremendous success to become the most valuable brand in the world and its massive cash hoard, Apple trades at a price sales multiple of about 3.

It is true that GoPro is growing fast. Its 2013 revenue was about double of the revenue it generated in 2012. However, considering the number of new competitors in this market, the revenue growth from the sale of hardware will inevitably slow and eventually decline. As far as the media business of the company is concerned, it is totally untested. Investors jumping into this stock are simply buying on hope and ignoring the risks posed by this high valuation.

da tradare ebbasta? oh comunque caccia via la tradata di 'sti giorni

la penso uguale all'articolo
a parte il brand non vedo molto altro di valore

 

[The Jackal]

inizia lo storno

 

[eternauta]

da tradare ebbasta? oh comunque caccia via la tradata di 'sti giorni

 

[freakazoid]

...occhio che appena nasano che è troppo facile scatta la kansas :D[/QUOTE]

l'alligatore aggancia la preda in superficie, ruota diverse volte per stordirla e poi la porta sotto per annegarla :wall:

 

[eternauta]

l'alligatore aggancia la preda in superficie, ruota diverse volte per stordirla e poi la porta sotto per annegarla

un piccolo lotto l'ho preso a 42 vediamo quanto ruota per stordirmi c'è di buono che qui la presa la posso mollare io

 

[freakazoid]

...ma le hai sganciate a 44?

 

[eternauta]

...ma le hai sganciate a 44?

ho messo la metà del gain che mi ha regalato...è veramente un piccolo lotto. vedo dove va in questi giorni

...e ovviamente mi ha preso lo stop loss.vediamo...

 

[freakazoid]

@TMF

GoPro going down?
I'm referring, of course, to GoPro (GPRO) , the "action-sports" wearable camera maker that rocketed to prominence in its IPO last month. Priced first at $24 per share , in its first minutes as a public company GoPro stock ran off to the races -- and hasn't really looked back since. But at today's share price of $42 and change, one analyst is saying the stock has gotten too far ahead of itself -- and needs to be sold.

Vertical Group is the analyst raining on GoPro's parade today, and it's fretting over declining rates of revenue growth and "a range" of competitors to the business, and warning, too, that GoPro's "Content Monetization initiative" is "fraught with risks." Calling these threats "tangible and mounting," Vertical Group is quoted on StreetInsider.com today saying that GoPro's true fair value is closer to $28.50 per share than to the $42 the shares fetch today. Accordingly, the analyst recommends selling the stock.

I do, too. Here's why:

With $49 million in trailing earnings and $72 million in trailing free cash flow, GoPro's accounting and cash profits are both starting to slip -- not grow -- from last year's levels. Don't get me wrong: $49 million and $72 million are both fantastic numbers, especially for a new IPO (where profits can sometimes be few and far between). But neither one justifies the stock's market capitalization, which currently tops $5.2 billion. That works out to a price-to-free cash flow ratio of 72 on the stock -- and a P/E ratio in the triple digits.

GoPro will need to grow earnings at a barn-burning pace to justify these kinds of valuations. But as Vertical Group points out -- and as the company's financials show -- GoPro's growth may already be beginning to sputter. The time to head for the hills may already be upon us.