/biz/ - Business & Finance

[Anonymous No.52215727]

To the 5 people on /biz/ who actually know what a real business that actually makes money is (schizos gambling on speculative funny money need not apply).
Are you buying Meta now the P/E ratio is under 10 and it's currently valued the same as it was in 2015?
Or do you expect momentum from retards to carry it lower?

[Anonymous No.52215778]

if something isn't on a dex or kucoin i don't know how to buy it

[Anonymous No.52215796]

Your arrogance isn't helping. There can be good reasons for a low P/E ratio.

[Anonymous No.52215797]

>>52215727
I was eyeballing it a while back thinking I'd try to be a value investor..I'd be down like 40% now if I did probably.

Got burnt hard thinking I was buying Intel as a value recently. Their earnings are actually projected to fall significantly next year

Metaverse sound like zucc damaged his brain microdosing LSD & the strong dollar is gonna wreck these companies with huge % overseas revenue along with global economic issues

I wouldn't go near it personally.. not a meta expert or anything though

[Anonymous No.52215799]

>>52215727
No. I've been sniffing out facebook's catastrophic failure since they rebranded themselves to Meta. The model is deeply flawed and the market is just confirming it.

There are plenty of other stocks that are beginning to approach fair value like amazon i'm not buying a -soon to be- shitty penny stock.

[Anonymous No.52215807]

If Facebook gave up on the stupid virtual reality stuff and started paying a dividend their stock would instantly moon

[Anonymous No.52215811]

>>52215797
I watched a video from some tech review youtuber. After that I got the feeling that their PR and marketing team were a bunch of fucking retards and besides all the memes shitting on the shit avatars and no legs, they're actually working on realistic face scanning technology which they fit into the goggles. It seems like it will be VR Chat 2.0 but with billions of dollars behind it and the ability to market to other startup tech companies.

It might not be the hottest thing this year or the next, but I honestly believe with all the money Zuck has nothing better to do with (what's he going to do, sell off his own stock in the billions?) that it will eventually become a standard for VR interactions, barring the marketing make-work cunts accidently hitting the server wipe button when they're sucking the cock of the one guy who actually programs.

[Anonymous No.52215821]

>>52215799
>soon to be penny stock
>income has doubled in the last 3 years while stock price has plummeted to 2015 levels
go back to your shitcoins

[Anonymous No.52215824]

>>52215727
Value trap.
The Jew should step down and let new blood take care of it. I'd buy it then

[Anonymous No.52215846]

>buying growth on current P/E
small brains

[Anonymous No.52215851]

>>52215821
>Falling for accounting tricks
>Driving the car looking only at the mirrors

[Anonymous No.52215853]

>>52215811
>it will be VR Chat 2.0 but with billions of dollars behind it and the ability to market to other startup tech companies.
>It might not be the hottest thing this year or the next, but I honestly believe with all the money Zuck has nothing better to do with

So you argument for investment in this company is that they are spending massive amounts of money? Might want to rethink that investment strategy of yours.

[Anonymous No.52215854]

>>52215797
Lsd doesn’t damage the brain, it heals and develops it. Makes your thinking more flexible. But you could be into something there. Maybe Zucc sees this as some kind of a greater mission, and doesn’t really care that much of only money. Bad for us who really don’t give a fuck about anything else.

[Anonymous No.52215860]

>>52215811
And with children banned from it. And furries. And porn. Which is already 95% of the users on VRC gone. Nobody asked for the Metaverse and nobody will use it. It will NEVER be the hottest thing.

[Anonymous No.52215865]

>>52215853
>spend money
>stock goes down
>buy stock
>spent money generates return
>stock goes up

[Anonymous No.52215877]

>>52215821
Meds schizo. Net income has been on a downward trend over each of last 4 quarters. Revenue has also been tanking despite 9% ok inflation. Meta is at a serious risk of becoming unprofitable in next few quarters.

I agree cryptos are a scam but Meta is simply not a good stock. Tech companies relied on low interest to fund their expansion. They won't be able to invest nearly as much as they had been with interest rates rising. Tech still has a long, long way to fall. If you are truly seeking value you can find it in the classic space: dividend-paying blue chips like oil, Costco, Walmart, utilities. Tech and especially Meta isn't it. Meta is STILL prices like a growth stock, problem is IT IS NOT GROWING

[Anonymous No.52215882]

>>52215778
this thb

[Anonymous No.52215887]

>>52215865
>spent money generates return
Does it though? You argument was that the P/E was low, which says something about current earnings. It has no relation to future returns on investment.
Seems you can't make up your mind on why you like this company?

[Anonymous No.52215906]

I've already invested everything into the LUNC dip, but I do plan to diversify into Meta once it also goes on a sale.

[Anonymous No.52215921]

>>52215811
Admittedly I've spent all of an hour looking into metaverse but the idea that you're going to have an extremely expensive wireless headset running low power chips to do low resolution metaverse with super short battery life sounds unworkable. If you're gonna spend all that money you want to be able to play games that don't look like shit at least

if you can't even play some hd games I don't see the point of paying the money & you need massive quantities of people to get one of these to move the needle on Facebook and make it with it

Maybe though, I've definitely been wrong about this sort of thing before

[Anonymous No.52216106]

Why would I buy that when I can buy companies at EV/FCF <2?

[Anonymous No.52216186]

>>52215824
Same, Jews are good with money but they don't know how to innovate anything

[Anonymous No.52216198]

>>52215727
You gotta ask yourself, do you think Facebook will be bigger than it was in the past? Be honest with yourself. Zuck is done.

[Anonymous No.52216228]

>P/E ratio is under 10
still priced for massive growth... lol, lmao

[Anonymous No.52216277]

>>52216198
>do you think Facebook will be bigger than it was in the past?
compared to 2015 sure. (and dont forget instagram/whatsapp/quest vr too)

[Anonymous No.52216293]

>>52215727
Meta was the pivot. Nothing has changed.

[Anonymous No.52216310]

>I try and divine return of an investment based on P/E ratio
is a thing no one who's made any decent money has ever said and done
stop trying to pick stocks, you aren't a genius, you aren't even lucky
buy the market and shut up

[Anonymous No.52216330]

>>52216310
>buy the market
ok Mr. Powell
plz gib moar inflation while you're at it

[Anonymous No.52216340]

>>52215778
this except remove dex, i only use cex's, i also really want to have cex with a white female

[Anonymous No.52216368]

I will at some point buy some, but not until tech sees a bid
The massive shift into VR/AR is ballsy as fuck, but they will have a massive lead in that space as everyone else is afraid to get murdered by the market.

[Anonymous No.52216375]

>>52215796
This and op is a retard implying that metaversum is not speculative funny money, everyone at either side of the bell curve knew from day 1 that meta rebrand was stupidest thing in a while

[Anonymous No.52216428]

>>52216330
>US stocks are heavily discounted
>International stocks are even more heavily discounted
>US bond funds are cheapest they've been in an eternity and can finally begin to return a solid dividend
>meanwhile on /biz/ chud brokebitch street shitters trying to find a single speculative asset that will magically get them a house and a girlfriend
losers can't be fixed

[Anonymous No.52216762]

>>52215727
I'm selling vol to any gambler willing to buy options on META

[Anonymous No.52216791]

>>52215727
No. The meraverse shit is a money black hole. Until they give up that idea I am not buying the stock.

[Anonymous No.52217403]

>>52215807
This. I am a buyer if they dial back the spending on metaverse because as op mentioned, the PE is very attractive right now. But im worried about the cash theyre burning on meta, which is not sustainable. For that reason, I think the stock is headed lower.

[Anonymous No.52217418]

>>52215727
No, you seem to understand nothing about valuation.

[Anonymous No.52217450]

Is the Metaverse a cuckerburg leap of faith or does he see data we don't have access to?

[Anonymous No.52217488]

>>52217450
it's just another pathetic attempt for their dying platform to stay relevant. Their cryptocurrency failed, their metaverse project failed. PE ratios don't fucking matter if no one will be using your platform in 5 years.

[Anonymous No.52217506]

>three Meta threads
The fact that they're advertising here is pretty sad on its own. So long faceberg we won't miss you.

[Anonymous No.52217524]

>>52215727
If you're into fundamentals, meta has bad fundamentals.
It relies on many negative externalities, like privacy and human's lowest traits exploitation.
Just like investing in 1920 on the chemical company by the river with dead fish in it wasnt a good idea, investing in 2020 on the "the more you use our products the more depressed you are" company its not a good idea.

Just because we dont fully understand yet the consequences of this externalities and dont account for them economically (like we didnt 100 years ago with pollution and cancer), doesnt mean they dont exist. Use your intuition

[Anonymous No.52217566]

>>52215727
I have bachelors in finance and written my thesis on discounted cash flow. It's all absolute bullshit and the results are made up, fundamental analysis is a lie. Just listen to the Fed and do what you're told

[Anonymous No.52217629]

>>52215727
Ok boomer, I'll entertain your bait, why should I buy a business that generates or will generate positive cashflow in the future instead of a decentralized digital currency with a dog's name and a cool logo?

[Anonymous No.52217916]

>>52215807

never gonna happen Zuck already spent like 15 bil and hes not gonna back down anytime soon plus he now decides to go into NFTs now that they are irrelevant. dude has a huge god complex thinking he can shape society but hes an absolute nerd who doesnt understand humans, nobody gonna spend time doing fuck all in the metaverse humans want social interactions, real ones and Zuck is just a retrded antisocial autist. expect it to drop another 60% and then buy. need to remember the chads and stacys that make up the 95% of the influncers on social platforms will never use VR googles because its crimge AF and always will be.

[Anonymous No.52217965]

>>52215727
Advertising revenues are going to implode, this stock could drop 90% from here still. If you want a decent value stock with reasonable P/E look at big oil, you can get nice dividends too.

[Anonymous No.52218384]

>>52215727
HF buying a company that is betting on an industry that has not proven any viability so far and best case getting a 100% return in 3 years while anyone of my shitcoins will at least 3-4x the second risk assets are back on.

[Anonymous No.52218670]

>>52215727
>P/E
No serious investor looks at this. Past earnings are irrelevant aside from their impact on the present day balance sheet. Facebook is past it's peak. It's now seen as a melting icecube.
I can still see a world where META recovers, but at this point you gotta look at it more like a cyclical or an oil stock with limited future earnings expectations. They're piling billions to pivot and I think most people you ask would tell you that the whole metaverse idea is probably a zero. Maybe you think it works out, but that's something you gotta decide for yourself. In the end, that's what investing is all about. You can try to boil a business down to basic numbers, but you'll probably fail. Nothing ever goes perfectly straight for 15-20 years to precisely match that 15-20x PE that's considered the ideal range. At least, not in tech. You'll either see massive outperformance or a zero in that timeframe.