Canada markets closed

Sohu.com Limited (SOHU)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
17.74+0.61 (+3.56%)
At close: 04:00PM EDT
17.74 0.00 (0.00%)
After hours: 04:33PM EDT

Yahoo Finance will soon be upgrading our Conversations message board platform to provide a better experience for our users. Only comments published since April 21, 2021 will be visible on Yahoo Finance after the upgrade. If you wish to download and save any of your older comments, please submit a request via the Privacy Dashboard by no later than Aug. 15, 2022.

Sign in to post a message.
  • E
    Etai
    let's guess...
    no buyback
    no dividend
    10m loss group level
    50m profit from gaming
    =60m from the ponzi activities
    Outlook same
  • E
    Etai
    if he just invest the company cash in 5% fixed income he can make for us additional 100m in net profit.
  • E
    Etai
    Changyou HK IPO is coming soon
  • E
    Etai
    Changyou got an approval for a new important game...
    why Charles is not makeing a PR?
  • b
    bill
    Earnings are out and they beat by a little, but next quarter looks amazing and it looks like sohu is about to become a very profitable company again.
    The most important thing is that they expect to make $.25 to $.50 next quarter vs. a forecast of $-.20 and gaming revenues are forecast to be up 38%-48% from last quarter. That is a massive improvement, not to mention the nearly $40 a share in cash they'll be receiving from the sale of sogou.
    For 2021, before this report came out, their profit forecast went from $.78 ninety days ago to $1.47 today and may need to be adjusted upwards even more.
    Sohu is severely undervalued, imo.
  • m
    malcolm
    Earnings report on the 16th. Must give us SOGO buyout update as a material item. Should we get a near term closing date, stock will begin to reflect agreed $1.1 b payment. Easy move to $30.00 as they will have $40.00(?) cash per share when deal done.
  • b
    bill
    Sohu has $41 per share in cash too. I've been buying sohu between $6 and $12 for months and have no plans to sell. I hold more shares in sohu than all of my other stocks combined, because I can't find anything else as attractive.
  • m
    malcolm
    Here is the sequence. Nothing can happen until SOGO directors get a fairness letter on the $9.00 per share buyout. With that hurdle cleared, Tencent can then buy Sohu. Any price less than $40.00 would be less than the cash on hand after the Sogo purchase. As I said several weeks ago, no way Tencent wires $1.2 b(?) to Sohu for their Sogo units. Net-net, I have been holding off additional purchases pending fairness review. Once received, I'm all in.
  • m
    malcolm
    $3,000,000,000,000. That's a lot of money and is equal to the orders for Ant Financial that the CCP just canceled. So brokers all over China and indeed the whole world now know where there is a huge pool of money to tap. If the tiniest sliver is redirected here, we go to $30.00+. SOHU reports Q3 before the market opens on 11/16. While earnings guidance will be important, two other items are more so. First, SOGO will be carried as a discontinued business on the balance sheet. This will force a disclosure of cash with net owned by SOHU before SOGO cash. Second, we will probably get an estimate for closing date for SOGO deal. We will then be able to figure cash per share when every thing is wrapped up. Exact figure TBD, but it will be we north of $30.00. Then the price explodes upward.
  • I
    Iknownothing
    Careful, you may have discovered that Sogou's market value is more than 5 times that of Sohu, and Sohu's 33.8% equity in Sogo is worth about 1.2 billion US dollars, which is equivalent to twice the market value of Sohu itself. As of the first quarter of this year, Sohu's cash and cash equivalents also exceeded US$1.5 billion. Obviously, Wall Street has been seriously underestimating Sohu.

    https://baijiahao.baidu.com/s?id=1673703245723525673&wfr=spider&for=pc
  • D
    David
    Today SOGO made the announcement. So quickly. One day right after SINA. Should I say that I told you so? But SOHU stock price is a little disappointment. Should rise much more than merely $20.5. With this piece of news, it is way undervalued.
  • I
    Iknownothing
    As of June 30, 2020, cash and cash equivalents and short-term investments held by the Sohu Group, minus short-term bank loans, were US$1.35 billion
  • D
    David
    SINA received non-binding offer to go private on July 6 and today it announced that it formally entered definitive agreement with increased offer price of 43.3(from $41). I believe that SOGO acquisition will announce soon as well.
  • K
    Kevin
    After the transaction is complete, SOHU will have about 1.8 billion cash without debt. Its fixed assets value is more than $600 millions. So, sohu should be valued at market capital $2.5 billions considering SOHU will be profitable from now on. What doesn't this mean? SOHU should be valued around $60/share. That's why Charles Zhang acquired SOHU shares when it's around $40.

    The transaction will be definitely completed as SOHU and Tencent hold about 80% outstanding shares. Charles and SOGO CEO hold about 10% of SOGO.

    Charles said he will approve the transaction.
  • Y
    Yahoo Lover
    It is free money unless the market dictates it or CEO is dedicated to shareholders even after the SOGO transaction is completed. For example: Right now SOHU got $1.35B cash including debt; but its market cap is only $700m. Who is buying to push price to $1.35B for the right value? The answer is NO currently. It will be same thing after SOHU got $2.5B cash unless the company is willing to buy back stock; but I doubt it. I think either CEO or Tencent will buy out SOHU assuming either one gives 100% premium at the current price; then they will get $1B cash left. Look at SINA, the CEO robbed shareholders outright.
  • b
    bill
    Sometimes the market is so irrational it's laughable. Jmia, one of the worst stocks of all time,was up almost 30% today on no news.
    I'm glad I sold my Jan. 2020 options last Friday for an awesome gain before the sell off and I used all of that profit to purchase Jun. 2020 options today. Of course, I took a big hit on my other options, but I'm not sweating at all. The more I investigate sohu, the more potential I see.
    Sohu owns 67% of cyou and cyou has delivered enormous dividends over the years. They did a one time $9.40 cash dividend last year and I think they did a $ 9.40 one the year before. They've also done other big dividends in the past, and most of it ended up in sohu's pocket.
    Sohu owns 30% of sogo and ten cent owns 30% of sogo. Sogou is the second most popular search engine in China with 20% of the market. Lately, good news and an upgrade have come out about sogou.
    Sohu should do something with it's huge cash horde- either make a good strategic purchase or do it's own one time cash dividend like cyou. They could easily do a one time $20 cash dividend and still have tons of cash leftover. If their subsidiary could do this multiple times, there's no reason for them not to. Of course, cyou is very profitable compared to sohu, but sohu's losses are improving and they're rather trivial relative to their cash holdings.
  • Y
    Yahoo Lover
    Let's me calculate for you about this company value. Right now the market valued it only $742M; but it has about $1.4B cash soon after SOGO transaction complete. Last quarter it posted $0.50 on non-gap earning; so take 0.50 times $39.3M = 19.65M = about $20M loss per quarter. This company got one of the best gaming company in China. This company is SUPER SUPER SUPPER SUPER SUPER UNDERVALUE ON THIS PLANET. If not, please name me one so I want to learn from you.
  • D
    David
    I calculated the book value change due to the sale of SOGO. I found that the shareholder equity would increased from 298mil to over 1billion or $20+per share increase in book value. Please pay attention to noncontrolling interest part of balance sheet in the latest quarter. It is the portion of SOGO not owned by SOHU. It will be gone after the acquisition.