Re:Online Storage Company Box Has Strong Debut in First Day ...
by tdicola on Friday January 23, 2015 @03:49PM
(#8937184)
I'm not an expert, but by all accounts the financials for them are somewhat grim: http://www.forbes.com/sites/benkepes/2014/03/24/boxs-ipo-rev... They're spending more in sales than they're making back in revenue (nevermind profit). Building a company around spending $2 to make $1 isn't good for the long term (ask Groupon how that worked out for them).
Re:Online Storage Company Box Has Strong Debut in First Day ...
by mikeyouse on Friday January 23, 2015 @04:44PM
(#8937475)
> (ask Groupon how that worked out for them).
They're a $5B company four years after their IPO and are selling ~$2.5B annually.. not the failure that people keep representing.
Re:Online Storage Company Box Has Strong Debut in First Day ...
by jhonovich on Friday January 23, 2015 @09:39PM
(#8938625)
Their revenue is flat and they make no profits. That's pretty terrible in this market.
http://finance.yahoo.com/q/is?s=GRPN
Re:Online Storage Company Box Has Strong Debut in First Day ...
by objclxt on Friday January 23, 2015 @03:31PM
(#8937084)
> since 1970s, cigarette industry has been in a steady volume decline
In the US - not globally. The tobacco market is growing and sales are increasing on a worldwide basis. As developed countries stop smoking, developing countries start - and developing countries often have far larger populations.
Re:Online Storage Company Box Has Strong Debut in First Day ...
by yesiamyourdad on Friday January 23, 2015 @06:04PM
(#8937935)
And the product is taxed heavily in the USA which gives the manufacturers cover for price increases. Tobacco is really profitable even in the US.
Plus the eCig market has given them new growth prospects.
>I haven't dug deeply into their financials or anything.
should be mutually exclusive, don't you think? If you haven't looked at their financials or anything, how do you know whether it is a good investment or not? You can't just look at 'macro-trends' and determine if individual companies are a buy or not.
e.g. since 1970s, cigarette industry has been in a steady volume decline. Guess which stock has been (by far) the best performing stock during since that period? Yep, Philip Morris (which recently split into Altria and Philip Morris)