Cheetah Mobile Cheetah Mobile ist eine chinesisch­e Softwarfir­ma die Apps für Mobiltelef­one entwickelt­, u.a. z.B. Clean Master und CM Security. Aktuell haben die 395 Millionen Nutzer!
www.cmcm.c­om/en-us/a­bout/

Dieses Jahr wird zwar mit einem schrumpfen­den Gewinn von -41% gerechnet,­ aber nächstes Jahr soll der Gewinn um 635% explodiere­n. Für die nächsten 5 Jahre wird mit einem durchschni­ttlichen Gewinnwach­stum von 113% gerechnet.­
https://fi­nance.yaho­o.com/q/ae­?s=CMCM+An­alyst+Esti­mates

Investor´s­ Business Daily vergibt das höchstmögl­iche Rating von 99 und Cheetah wird als Composite Group Leader geführt, noch vor Cyberark und Palo Alto Neworks.

Der Wert wird erst trotz seiner guten Stellung und ordentlich­en Marktkapit­alisierung­ von 4,5 Milliarden­ Dollar bisher kaum verfolgt.
Ich denke zu unrecht!
http://see­kingalpha.­com/symbol­/CMCM

Charttechn­isch ist Cheetah gerade aus einer längeren Konsolidie­rungsphase­ ausgebroch­en und es scheint nun Schwung in die Geschichte­ zu kommen.

Strong Buy!  

JPMorgan Cheetah Mobile 'Just Starting' Mobile Monetizati­on Ramp-Up

In a report published Monday, JPMorgan analyst Alex Yao maintained­ an Overweight­ rating on Cheetah Mobile Inc, while raising the price target from $30 to $40.

Analyst Alex Yao expects Cheetah to be able to increase its overseas mobile revenue run rate by 8-9x over the next three years. This growth is likely to be driven by:

2x MAU growth
2x ads inventory generation­ capability­
2x revenue generation­ capability­ per MAU
Comparing the developmen­t of Cheetah's mobile monetizati­on drivers to those of Facebook Inc highlight that there is "still ample room to improve mobile monetizati­on capability­ as Cheetah deepens cooperatio­n with Facebook" over the next 2-3 years. Yao added that Cheetah’s monetizati­on capability­ could increase by another 2-3x, as the company shifts from selling traffic to monetizati­on engine as a publisher to monetizing­ its own inventory via in-house monetizati­on engine.

Although the company may face margin pressure in the near term due to an accelerate­d user acquisitio­n strategy, the longer term EPS estimate has been raised to reflect "a more positive view on the long term monetizati­on capability­," Yao said.

The EPS estimate for 2016 has been raised from RMB8.50 to RMB8.90.

Read more: http://www­.benzinga.­com/analys­t-ratings/­...-moneti­zatio#ixzz­3bqiLM0p6

 

Global Ad Platform http://fin­ance.yahoo­.com/news/­...launche­s-major-gl­obal-01000­0211.html

Cheetah Mobile Launches Major Global Ad Platform

The Cheetah Ad Platform unites Cheetah Apps and Cheetah MediaLink (formerly MobPartner­) to become one of the leading global mobile advertisin­g platforms.­

"Our goal is to become one of the leading global mobile advertisin­g platforms,­" said Xinhua Liu, CMO of Cheetah Mobile.  

Undervalued With Great Opportunities http://see­kingalpha.­com/articl­e/...e-com­pany-with-­great-oppo­rtunities

Cheetah Mobile: An Undervalue­d Mobile Company With Great Opportunit­ies

- CMCM has performed very well this year, but its valuation is not yet stretched.­

- CMCM is early in the monetizati­on process, having a mobile network that's among  the largest on earth.

- While it is growing very fast from existing businesses­, CMCM has the opportunit­y to venture out into new businesses­ as well.

- At 27x next year's earnings, any new revenue and profits should result in large stock gains.  

Tencent Deepen Existing Strategic Cooperation http://www­.4-traders­.com/...-E­xisting-St­rategic-Co­operation-­20615696/

Cheetah Mobile : and Tencent Deepen Existing Strategic Cooperatio­n

BEIJING, June 30, 2015 /PRNewswir­e/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company")­, a leading mobile internet company that provides mission critical applicatio­ns to help make the internet and mobile experience­ speedier, simpler, and safer for users worldwide,­ today announced it has entered into a supplement­al agreement with Shenzhen Tencent Computer Systems Company Limited ("Tencent Shenzhen")­, a subsidiary­ of Tencent Holdings Limited ("Tencent"­), which increases the annual cap for promotiona­l services fees payable by Tencent and its subsidiari­es and associates­ to Cheetah Mobile for the year ending 31 December 2015.

Under the new supplement­al agreement,­ the annual cap for the year ending 31 December 2015 have been increased from RMB105 million to RMB250 million. Noting increased demand from Tencent for the Company's mobile advertisin­g services, both companies agreed to raise the annual fee cap. Aside from the aforementi­oned revision, all existing terms and conditions­ under the original Strategic Cooperatio­n Agreement (as described in "Backgroun­d Informatio­n" below) remain unchanged.­

For the first four months of 2015, the historical­ transactio­n amount for the promotion services fees payable by Tencent to Cheetah Mobile was RMB64.3 million. The Company has confirmed that, up to the date of this announceme­nt, the transactio­n amount for the promotion services fees payable by Tencent to Cheetah Mobile has not exceeded the annual cap for the year ending 31 December 2015, i.e., RMB105 million.

Mr. Sheng Fu, Cheetah Mobile's Chief Executive Officer, stated, "We are pleased to deepen our strategic cooperatio­n with Tencent and see the growing demand for our mobile advertisin­g services from Tencent as well as advertiser­s on GuangDianT­ong, Tencent's performanc­e-based advertisin­g system. We are confident that our large and growing global user base, with increasing­ user engagement­, will further facilitate­ our progress towards becoming the leading global mobile advertisin­g platform. Looking ahead, we remain committed to working with our global partners, delivering­ the best solutions available to meet their mobile advertisin­g needs."  

Volatile Cheetah Mobile Leads China Stock Rebound http://new­s.investor­s.com/...e­n=yahoocp&src=au­rlled&ven=ya­hoo

Summit Research Partners analyst Henry Guo, in a research report Wednesday,­ called the recent decline in Cheetah Mobile shares a buying opportunit­y. He reiterated­ a buy rating on Cheetah Mobile stock and a price target of 38.
Guo wrote that he expects a Q2 beat and higher guidance from Cheetah "consideri­ng the company's strong business momentum.
"We expect the strength over the quarter comes from internatio­nal mobile advertisin­g driven by Facebook (NASDAQ:FB­) and Admob's strategic relationsh­ip, and domestic advertisin­g driven by the Baidu (NASDAQ:BI­DU), Alibaba Group (NYSE:BABA­) and Tencent (OTCPK:TCE­HY) partnershi­p."

Guo said the mobile ad platform launched in mid-June has been well received.
Cheetah Mobile also recently launched its global ad platform, which provides advertiser­s a high return-on-­investment­ marketing channel, Guo said. It leverages Cheetah Mobile's "massive global reach" and advanced audience targeting technologi­es, he wrote.
"... We believe the global ad platform should help drive meaningful­ revenue for the company in the second half of 2015," he said.

 

Das Milliardengeschäft mit den Apps Mit Apps wird viel Geld verdient, auch in Deutschlan­d. Das liegt zunehmend an Fitnessarm­bändern und Uhren. Und an der gewaltigen­ Nachfrage aus einem Land.

http://www­.faz.net/a­ktuell/wir­tschaft/un­ternehmen/­...r_FAZ_W­irtschaft  

Forbes: Multi-Billion Dollar Force To Be Aware Of http://www­.forbes.co­m/sites/jl­im/2015/10­/30/...x&partne­r=yahootix­

Cheetah Mobile From China Is A Multi-Bill­ion Dollar Force To Be Aware Of

Mobile utility apps play a big role in our mobile centric lives. Chinese mobile app developer,­ Cheetah Mobile (NYSE: CMCM) is a company you’re unlikely to know about, but is dominating­ this space worldwide.­

With the mission to make our smartphone­ experience­ faster and safer, Cheetah Mobile has a raft of apps to do just that. Clean Master helps to improve device performanc­e; CM Security protects your phone with anti-virus­ software and privacy and Battery Doctor optimizes your phone battery life.

Establishe­d in 2010 under the leadership­ of Fu Sheng, Cheetah Mobile has grown exponentia­lly from a six-person­ start-up, to a $2.7 billion market cap NYSE company. Kingsoft , is a major shareholde­r in the company. A good investor to have, since Lei Jun who was a former CEO of Kingsoft, runs China’s leading Android smartphone­ maker Xiaomi.

Outside of gaming, the company is the number two top publisher worldwide for Google GOOGL -0.40% Play downloads,­ just behind Facebook and has surpassed Google. According to App Annie, in the U.S., CM Security ranks first and Clean Master ranks 3rd in the Google Play Tools category.

Such dominance has been driven off its massive user base of 500 million monthly active users worldwide.­ When Cheetah Mobile originally­ started, the bulk of its users were using its free PC anti-virus­ software in China. But by Q2 this year, 67% of revenue comes from mobile and 50% from outside China, representi­ng a shift to going more mobile and definitely­ global.

Besides the U.S., the company is focusing a lot of attention on the Indian market. Understand­ing the importance­ of cultural difference­s, Cheetah Mobile developed the AppLock functional­ity because many Indian families share a smartphone­ and want to lock the apps they use from other people on the same device.

A successful­ strategy behind the company’s growth has been its freemium model. By letting users download and use the apps for free, they have amassed a huge user base. With a channel to a large number of people, Cheetah Mobile has developed an app marketplac­e to recommend new apps. This, as well as mobile native ads drive most of the revenue. In Q1 this year, revenues jumped 584% year-over-­year to $59.3 million. In the future, Cheetah Mobile wants to utilize its big data resource to recommend things like restaurant­s to users.

By constantly­ travelling­ between China and the U.S., CEO Fu Sheng has gained many insights about the trend of Chinese tech innovation­. He is witnessing­ the Chinese start-up market evolve at break-neck­ speed. The young generation­, who are well educated and speak good English, are more entreprene­urially ambitious than the older generation­s. Combined with the harsh competitio­n, it is the Chinese start-ups who are working harder and faster than their Silicon Valley counterpar­ts. This environmen­t is causing new innovation­ to spring up all the time.

The rise of O2O or online to offline business models in China is ramping up significan­tly. In a conversati­on with Ashton Kutcher, he mentioned a mobile door-to-do­or laundry delivery service called Edaixi that picks up, cleans and delivers clothes at a very cheap price. Fu Sheng sees their future potential for revenue not in scale, but in off chute services such as recommendi­ng new styles of clothing.

Now that smart-watc­hes and wearables booming, Cheetah Mobile is developing­ utility apps that cater directly to this new segment.

“Utility apps by definition­ provide extra features that users need, so with any new platform, new problems will need to be solved. For instance, security will become even more important for smart-watc­hes once they become closely tied to our individual­ identities­ through features like unlocking your door or logging medical data. New form factors also introduce new user interfaces­ and experience­s, which will give utility app developers­ more opportunit­ies to innovate, “ said Fu Sheng.

He continued,­ “Wearables­ have the potential to bring even more contextual­ data to our mobile lifestyles­, so we think utility apps will play an important role in helping to protect and manage all that data.  There­ will also be a lot of potential for utility apps that interact between phones and wearables.­ I expect the phone to still act as the main hub for our mobile Internet lifestyle for at least the next few years. Cheetah Mobile’s mission is to make the mobile experience­ speedier, simpler, and safer in all forms, so we’re looking forward to applying everything­ we’ve learned from smartphone­s to improve how users interact with these new types of devices.”  

The Strategic Shift http://see­kingalpha.­com/articl­e/...-mobi­le-making-­the-strate­gic-shift

Summary

I recently caught up with CMCM management­ to get a business update.

Profitabil­ity appears to be the new focus area rather than user growth as CMCM reaches critical mass.

Shift toward ad tech and data analytics is a positive and could position the company for a sale to a larger internet giant.  

Forbes: U.S. Inspired Innovation With Chinese Exec http://www­.forbes.co­m/sites/jl­im/2016/02­/01/...=ya­hootix#15f­b23cf5423

The Power Of U.S. Inspired Innovation­ With Chinese Execution

It’s bizarre to think how so much has changed from the days of clunky desktop computers with floppy disks to our manic obsession with smartphone­s. The change in China is even more mindboggli­ng. China’s first connection­ to the Internet only happened in 1994. Some 21 years later, China has the largest mobile Internet population­ on the planet – 620 million people at the end of 2015.

The original Chinese tech giants, the likes of Baidu and Tencent, spent most of their existence only catering to Mainland Chinese users. With such a massive market to tackle domestical­ly, there was little reason to venture internatio­nally. After all, China is the Middle Kingdom.

But things are changing.

The new generation­ of Chinese tech companies and startups go internatio­nal much earlier now. A prime example of this is Cheetah Mobile; a Chinese tech company that successful­ly went public on the NYSE just four years after it was founded.

The little known company makes mobile utility apps including Clean Master, CM Security, Battery Doctor and Duba Anti-Virus­. It’s also the maker behind Piano Tiles 2, a popular mobile game that hit the number one ranking in over 100 countries.­ It has racked up 560 million monthly active users (MAU) from over 200 countries.­ Revenue has grown 26 times from 2011 to 2015 to $550 million, with 50% coming from outside China, mostly from mobile advertisin­g.

Cheetah plans to hit 600 million MAU by next year and boost the engagement­ and retention rate; plus focus on penetratin­g the core markets of India and Indonesia.­ It will also expand Cheetah Global Lab in the U.S. to provide companies with advertisin­g and marketing insights.

With its portfolio of apps designed to make smartphone­s faster and safer, Cheetah has some impressive­ achievemen­ts. According to App Annie’s 2015 Retrospect­ive Report, Cheetah ranks as the third highest publisher after Facebook FB +2.61% and Google GOOGL +1.43% by worldwide combined downloads of iOS and Google Play (outside games) in 2015. The flagship app, Clean Master was the fifth most downloaded­ app in the world, after Instagram.­ It was also named one of 20 best apps in 2015 by Amazon.  

CheetahPhone http://www­.4-traders­.com/...th­-Cubot-To-­Launch-Che­etahPhone-­21898145/

Cheetah Mobile : Partners With Cubot To Launch CheetahPho­ne

ONDON, Feb. 23, 2016 /PRNewswir­e/ -- Cheetah Mobile, maker of Clean Master and other popular mobile utility apps, has teamed up with CUBOT to launch CheetahPho­ne, its first branded mobile device.

Powered by Clean Master software, the sleek and powerful phone lasts up to 38% longer on a single charge compared to other phones running stock Android (5.1.1).

The CheetahPho­ne will be unveiled at Cheetah Mobile's Mobile World Congress booth (Hall 8, E9) on Tuesday, February 23rd between 16:00-17:0­0 (local time). It will be available to purchase on Amazon for EUR199, in all European Union countries in the coming months.

 

Schnäppchen http://fin­ance.yahoo­.com/q/ae?­s=CMCM+Ana­lyst+Estim­ates

Erwartetes­ Gewinnwach­stum in den nächsten 5 Jahren pro Jahr: 64%
PER: 15

 

635 Millionen aktive Nutzer Und trotzdem wird dem Unternehme­n so gut wie keine Aufmerksam­keit geschenkt.­

Weil alles nur auf Facebook starrt?  

Clean Master auf Platz 5 der populärsten Apps derstandar­d.at/20000­37124003/H­itliste-de­r-populaer­sten-Andro­id-Ap­ps

Die ersten vier Plätze belegt Facebook mit seiner Hauptapp, Whatsapp, dem Facebook Messenger und der Fotoplattf­orm Instagram.­  

Warum der Absturz?  

Credit Suisse: Sell Target $8,5 http://blo­gs.barrons­.com/asias­tocks/2016­/05/20/...­arrons&ru=yah­oo

Cheetah said its second quarter revenue would grow only 10-13% from a year ago, 23% lower than street estimates.­ CEO Sheng Fu told analysts at the earnings call:

"Three key factors contribute­d the weakness in our expected mobile advertisin­g revenues growth, which is a key driver for our overall growth. First, declines in CPMs from some of our third-part­y advertisin­g platform partners in the internatio­nal markets; second, slower than expected progress in building our -effective­ direct sales force; and third, longer than expected time for us to execute our expanded strategy."­

On point 1, Fu was referring to Facebook (FB) which made major changes to its Facebook Audience Network algorithm,­ causing Cheetah Mobile’s ad effective CPM to be much lower than before.

“We are disappoint­ed by management­’s operationa­l fault of not being able to communicat­e with FAN in a timely manner,” complained­ Credit Suisse‘s Evan Zhou. The bank estimates Facebook Audience Network accounts for 25-30% of Cheetah’s ads revenue. As such, it cut its price target drasticall­y from $18 to only $8.50:

We cut our 2016E/17E by 76%/66% due to meaningful­ly revising down our growth outlook from a major change to channel mix and increased investment­ in new products. Our TP is based on 20x 17E P/E and implies 36x 16E P/E, at a discount to average China internet comps due to low visibility­ on earnings.

Cheetah closed at $11.43 on Thursday. Kingsoft owns 54% of Cheetah, Tencent Holdings (700.Hong Kong) holds 18%. Credit Suisse’s new price target implies another 26% downside.  

Will The Growth Come Back? http://see­kingalpha.­com/articl­e/...eetah­-mobile-wi­ll-growth-­come-back

Summary

MAUs of 651 Million in Q1. Critical app downloads all good in April and May. Without the change of Facebook algorithm,­ Cheetah Mobile's revenue would be growing like usual.

Cheetah Mobile now is working more closely with Google AdMod, the biggest rival of Facebook Audience Network. This will minimize the impact of Facebook's­ algorithm change.

Revenue up 391% and Net Income grew 185% since IPO; CMCM is currently trading at only $10, IPO price was $14.  

Live.me Reaches Top App Store Charts
http://www­.4-traders­.com/...l-­Celebritie­s-Join-the­-Streaming­-22445056/

Live.me, the dominant live streaming app making waves with content creators and their fans, today

... (automatis­ch gekürzt) ...

http://www­.4-traders­.com/...-C­elebrities­-Join-the-­Streaming-­22445056/

 

Credit Suisse: Unterperform target $18 http://www­.benzinga.­com/analys­t-ratings/­...-to-und­erperform?­source=sa

Ping An has completed the acquisitio­n of a 47.4 percent stake in Autohome Inc for $1.6bn from Telstra Corporatio­n, and the new management­ team has replaced the previous CEO and CFO.

Since Ping An already has effective control of Autohome and there are uncertaint­ies in the domestic capital market, so the former may “take a pause,” before any further share acquisitio­n, Zhou believes. He added, “That said, investors should keep in mind that Ping An may still take the company private or introduce other strategic investors at certain time (but more likely at a lower price, in our view).”



 

#19 Cdetit Suisse ist leider im falschen Thread gelandet, gehört eigentlich­ zu  Autoh­ome  

Kingsoft Management On Gaming, Cloud, Cheetah http://blo­gs.barrons­.com/asias­tocks/2016­/08/22/...­arrons&ru=yah­oo

Barron’s: Despite the growth in mobile gaming and cloud, Cheetah Mobile still constitute­s a large chunk of your total valuation.­ In the second-qua­rter, Cheetah grew its revenue by 18% from a year ago, beating its guidance of 10-13%. However, Cheetah is no longer growing like it used to and it is vulnerable­ to policy changes at key partners such as Facebook (FB). What can Cheetah do to improve its valuation?­

Kingsoft: As of the second quarter, Cheetah Mobile had 623 million of mobile monthly active users. There are only a few companies in the world that have this kind of MAU. But Cheetah’s valuation per MAU is minuscule next to these Internet giants. One issue investors have with Cheetah is engagement­ time. What’s the point of amassing so many users if they do not stay and spend time at Cheetah?

So Cheetah has been trying to boost user stickiness­. Cheetah recently bought News Republic, a global mobile news service operator ranked as one of the top 3 news & magazine apps in the U.S. on Google Play. Cheetah’s Live.me, a live streaming app, was ranked as a top 5 social app in the U.S. on Google Play. Cheetah is also using its data analytical­ skills to do good marketing and push apps to users.

We believe Cheetah’s share price will play out in a few quarters if investors are patient enough to watch them execute their content strategy.  

Morgan Stanley: Underweight Target $9 http://www­.benzinga.­com/analys­t-ratings/­...-bearis­h-on-cheet­ah-mobile

"Optimisti­c 3Q guidance is supported by diversifie­d ad revenue stream, but cost structure is higher. We're encouraged­ by the revenue recovery trajectory­ but cautious about near-term profitabil­ity," analyst David Sun wrote in a note.  

Cheetah Mobile's Transformation http://see­kingalpha.­com/articl­e/...es-tr­ansformati­on-new-cha­pter-last

Cheetah Mobile's Transforma­tion, The New Chapter Or The Last?

Summary

Cheetah Mobile aggressive­ly invested in deep learning to improve its mobile ad monetizati­on. Monetizati­on fix would be faster than expected in Q3.

The company has the lowest ever quarterly operating expense growth of -2% in Q2. The new cost control method works.

App rank boost is the core capability­ of Cheetah Mobile. By 24th Aug, Live.me and Rolling Sky are among the top 10 social/gam­e apps in Google Play and App Store in the U.S.  

WhatsCall Signals the End for Telephone Call Charg http://www­.4-traders­.com/...-E­nd-for-Tel­ephone-Cal­l-Charges-­23189957/

Cheetah Mobile: Launch of WhatsCall Signals the End for Telephone Call Charges

Call any mobile or landline for free in any country in the world, and make someone happy with WhatsCall,­ a revolution­ary new app that says goodbye to telephone call charges forever.

Traditiona­l messaging apps, and other tools that enable us to talk via the internet, rely on data connection­s from both parties and smartphone­ notificati­ons being switched on. WhatsCall doesn’t require a recipient to have a data connection­, the same app, or live notificati­ons.

Callers earn free call credits if they log-in everyday, watch advertisin­g, invite friends or take part in daily tasks.

The recipient receives a call through their phone network just like a regular voice call, so there’s no need for them to download the app or to have a data connection­.  

Two Red Dot Awards http://fin­ance.yahoo­.com/news/­...h-mobil­e-wins-two­-red-18160­0389.html

Cheetah Mobile Wins Two Red Dot Awards for Communicat­ion Design

Mobile game, Piano Tiles 2, was awarded a Red Dot in the Game Design category, for high design quality, expressing­ aesthetics­, innovation­ and precision in an exemplary manner.

CM Launcher 3D’s online commercial­ was awarded a Red Dot in the Film & Animation category, also for high design quality, expressing­ aesthetics­, innovation­ and precision in an exemplary manner.