When you're looking for a buyer?

For two days, an electric analyst, L've been helping to be a buyer, in addition, recently, in the micro-trust friends Circle also listen to a friend H said, when the buyer, they are the electric business analysis Circle of senior people, they said content and when looking for buyers are related. As the saying goes, good smoke, when looking for a buyer or looking for an investment in the possibility is still relatively large.

I'm more sensitive about when looking for a buyer, since last year I thought it was time to introduce Baidu or gome investment. When there was no selling or looking for an investment, it was only two days before the news that there was a buyer.

In tandem with the two people's contents, the author's feeling is, H said before when the buyer, may still talk about the price and investment way, and L these two days in for when shout two, said Baidu, Ali are when the potential buyer can think when the increase bargaining chips. Say I conspiracy theory or, say I see the wind is rain, I only put my opinion, only for when enthusiasts reference.

Since l have two days to take Baidu and Ali said things, that the current and when the negotiations should not be the two, although the individual is also optimistic about the acquisition of Baidu when, but Baidu also has its own considerations, and Ali is more unlikely to invest. Tencent's words are not very likely, gome more unrealistic, tyrants seemingly also on the pure electricity business is not interested. It seems that the domestic can not find the right to be a buyer.

In the past two quarters when the stock price from the beginning of the 4 knife up to nearly 9 knives, the share price has turned more than one, this in addition to have in the collective of the stock is sought after factors, when the performance gradually to good is also an important factor. However, careful study of the financial results can be found, now guoqing lack of money, when looking for a buyer or looking for investment is very likely to be true.

When the money bag is almost empty

When the last few quarters were a constant loss, this led to a change in the structure of the asset, which, according to the Q3 earnings, is now only nearly 91 million dollars, Last year's Q3 138 million, when the net worth of each share fell to 1.13 dollars, the city's net rate soared to 9.27, only 2.73 in the same period last year.

When the money is burning very fast, the money in the pocket is still able to maintain its normal operation, but has begun to show signs of being stretched. Although some analysts predict that when the fourth quarter may be profitable, but even if the profit is only a meager profit, is not enough to support the cost of the time. In the current rate of burning money, if there are new funds in the two quarter, there is a risk of operating crisis, so it is very possible to find investors.

Baidu may buy

Why Baidu buy when, at the beginning of the year when the market value is only more than 300 million dollars when Baidu acquisition when the best time, when when the cost-effective is very high, belong to high-quality investment assets. And now when the market value has exceeded 700 million U.S. dollars, reached a reasonable price, Baidu this time acquisition or investment when the risk is very large, also bring no obvious benefits.

After a series of losses in the electricity market, Baidu has been a long time without electricity business. This year, Baidu will focus on the electric business Baidu Micro-purchase and Baidu shopping, seems to insist on the middle page Strategic development framework, and the actual electric business is not very interested, investment or acquisition when it is not in line with Baidu's strategic approach.

If the investment, Baidu will be very embarrassing. When the investment should be free for when the diversion volume, which will let Baidu lost other major customers, several major electric power to Baidu every year to bring a lot of revenue. In addition, Baidu is currently operating Baidu micro-purchase and Baidu shopping in the direction of the development of the middle page also need to adjust, which means that Baidu electric business 2013 is white busy.

Baidu acquisition when it looks very good, when it is to grow, Baidu can be on the basis of doing search profits. But when it's not easy to grow, according to the current three-quarter performance, this year's total revenue can barely break through 6 billion yuan, Baidu to wait until when the cultivation of hundreds of billions of dollars, the benefit of the search ads, not only takes a long time, but also need to have a very large capital investment. Therefore, investment is not a good bargain for Baidu.

However, when it is true that only some of the domestic Baidu to sell the electricity quotient, missed when it means that Baidu basically abandoned the domestic conventional electricity market. Baidu may be in the insistence of his middle page strategy, to where, Qi Jia, home and so successful to the Baidu confidence.

Ali would never buy

For Ali, investing when it comes to humanitarian support is basically meaningless. Investing in other businesses also allows Ali to add to the imagination when it comes to the market, but when it comes to investing, it can only add extra burdens.

Ali will not because Baidu want to buy who to invest who, but also depends on whether it is worth the investment, the price is reasonable, acquisition and was acquired is consensual, when it is also the choice of Ali is the problem. In addition, even if Baidu bought when, also can not constitute a direct threat to Ali, at most just a lot of a big background of the competition, and now Ali's opponents still less?

When the book business is really good, Ali to invest when, basically also monopolized the book Network shopping market, the cat on the day the book merchants will certainly protest. Book Market size itself is not large, Ali temporarily does not need to lose the watermelon to pick Sesame.

Ali investment when, using when the end of the product to attack only the word is very unreliable. Ali In addition to have a good deal outside also has the day Cat brand special sale channel, when the tail product will completely and the day Cat brand special sale coincide. When chief financial officer Shang in response to analyst questions when the tail product will be different from the only product will be said: "We are using the third party market model, and the only product will be adopted by the model of the supplier to their warehouse supply." We are using light mode. "L analysts may not have figured out the pattern of being a tail-product, and it's not necessary for Ali to spend so much money on it.

Tencent does not need to buy

After more than a year of integrated development, today's Tencent electric business is on the right track, the recent Xun momentum is good, gradually revealed the potence power market ambitions. For Tencent, it is attractive to receive a quick supplement to the book, clothing and mother-child market.

But a mountain difficult to allow two tigers, Tencent has Xun, and then accept when there will be disputes, this is just back to the right track of Tencent Electric business is a huge hidden danger. In addition, when now also on the open platform to work hard, Tencent itself QQ online shopping is already an open platform, in the business both sides also have conflict place.

However, when it is really a good electricity business resources, Tencent may accept the time, but certainly not now.

Then again, when the Tencent and Baidu are a good electric business assets, that Ali can consider spending less money to invest when, and then let when the end of the fire in Tencent and Baidu before the destruction of this high-quality assets is also a good idea. Don't want to, also can't let others want, this brilliant idea wow!

Gome Wanda has no hope

Now the Gome electric business strategy in the adjustment, the bowser net has disappeared, and then buy a when for the United States does not mean anything. and Wanda Electricity in the last two years after the time of the last to appear, Wang said the upcoming and Ma Yun Cooperation, that is, Wanda and when the marriage also lost imagination space.

Who's going to help the sad

For Baidu, Tencent and Ali, now is not a good time to buy or invest, another two quarters may be more appropriate, and Wanda, Gome, such as the traditional companies in the electric market, and when the company is gradually further away, in the domestic can buy when the buyers are fewer and less. Perhaps when the current is in contact with foreign electric business enterprises.

Wen/Wang Liyang