Streaming giant Netflix just reported annual earnings for 2018. Reuters 2019Jan18: Netflix shares fall as weak forecast dampens investor optimism Bloomberg 2018Jan18: Netflix’s International Expansion Dominates Growth The net margins at Netflix are single digit and the P/S multiple is well above 10, which means the P/E multiple is a triple digit. Does that mean …
Monthly Archives: January 2019
Brexit bombshell
Brexit is being decided by the members of parliament in the House of Commons tomorrow. Westminster could decide to go ahead with the deal negotiated by prime minister Theresa May, but “no deal” as opposed to a people’s vote (or general election or extension of article 50) cannot be ruled out completely. Below the PM …