Really nothing new here. Same old
1) Operating activities, cash flow have been negative YOY QOQ
2) Little to nothing investments
3) Let’s not even talk about debt to assets
Sure, will beat EPS, why not when you jack up your subscription fees?
But here’s what’s new:
Stranger Things is by far the only NFLX Original winner that they have, give or take. Most of their good content are not theirs while at the end of 2018, additions to streaming content assets of -$13,043,437. They will have to increase subscription fees, likely to be $14.99 by 2020 which I don’t think global subs would tolerate. They will have to burn more cash in an increasing competition and I don’t think that they’re immune to it. They’re not.
& who’s to say their subs wouldn’t be pissed if they start showing ads? That is probably their next big move. Either way, a breakout above 400 I’m selling. A bad Q2 i’m selling as well.
PT 320
Downgrades coming soon, wanna bet?
1) Operating activities, cash flow have been negative YOY QOQ
2) Little to nothing investments
3) Let’s not even talk about debt to assets
Sure, will beat EPS, why not when you jack up your subscription fees?
But here’s what’s new:
Stranger Things is by far the only NFLX Original winner that they have, give or take. Most of their good content are not theirs while at the end of 2018, additions to streaming content assets of -$13,043,437. They will have to increase subscription fees, likely to be $14.99 by 2020 which I don’t think global subs would tolerate. They will have to burn more cash in an increasing competition and I don’t think that they’re immune to it. They’re not.
& who’s to say their subs wouldn’t be pissed if they start showing ads? That is probably their next big move. Either way, a breakout above 400 I’m selling. A bad Q2 i’m selling as well.
PT 320
Downgrades coming soon, wanna bet?