Rediff's Earnings Report-Absolutely Stellar!
Rediff announced results for their quarter ending Dec 31, 2005 today morning. The results were nothing short of spectacular-and the stock is trading at a new all time high as I write this post.
Highlights: Q over Q revenue growth was 48%. And, the key number, India Online Revenues, grew by a whopping 82% to $3.16M. The company ended with 41.2M registered users, a gain of 18%. See full story here.
The India Online Revenue is the most important metric for this company. Growing at 80%, this is a growth investor's dream. This growth will continue (if the management executes well) for many years to come. And most probably, will accelerate.
Lessons to be learned from the US Markets-Google is STILL growing at 80% (in revenues) and it generates a Billion Dollars in one quarter. YHOO and EBAY also growth at more than 40%, a great growth percentage for companies that size.
Small guys like REDF and SIFY have tremendous room to grow. As the Indian Internet sector gather steam, you will see multi-billion dollar companies emerge in it. And Rediff's results showed today that it is the clear leader in this market.
The company reported a net profit of $0.3M. That is pretty small, you might think, but give me another company which is growing at 80% and managing the growth well enough to generate a profit!
Good news for REDF Shareholders (myself included!) and I expect REDF, SIFY to be THE story stocks for the next few years. Good job management!
Sanjay John G.
Highlights: Q over Q revenue growth was 48%. And, the key number, India Online Revenues, grew by a whopping 82% to $3.16M. The company ended with 41.2M registered users, a gain of 18%. See full story here.
The India Online Revenue is the most important metric for this company. Growing at 80%, this is a growth investor's dream. This growth will continue (if the management executes well) for many years to come. And most probably, will accelerate.
Lessons to be learned from the US Markets-Google is STILL growing at 80% (in revenues) and it generates a Billion Dollars in one quarter. YHOO and EBAY also growth at more than 40%, a great growth percentage for companies that size.
Small guys like REDF and SIFY have tremendous room to grow. As the Indian Internet sector gather steam, you will see multi-billion dollar companies emerge in it. And Rediff's results showed today that it is the clear leader in this market.
The company reported a net profit of $0.3M. That is pretty small, you might think, but give me another company which is growing at 80% and managing the growth well enough to generate a profit!
Good news for REDF Shareholders (myself included!) and I expect REDF, SIFY to be THE story stocks for the next few years. Good job management!
Sanjay John G.
3 Comments:
Dear Mr. Sanjay,
what about WIT and SAY ?
How do you see the chances of these (and other Indian) stocks. There are some other NYSE listed Indian companies.
Sugar as a comodity is very interesting. Do you, as a traveler in southamerica, maybe know some listed producers of sugar ?
The biggest sugar producing country is brazil. But it seems to me that there are no stock listed companies among them.
Do you have one for us?
No matter from which country they are. As long as their stocks move up.
Hi,
Sorry for the delay in replying, have been too busy with other things....
WIT and SAY are great too. But the investing community is not yet realizing the power of SIFY and REDF. They are the leaders of tomorrow , WIT and say are leaders already .
Don't know about sugar stocks...why don't you just buy sugar futures? If you are bullish on the commodity that's probably the surest way (because stocks sometimes may not follow commodity prices for extended periods of time).
Sanjay John G.
Hi again,
Actually, did find a sugar stock for you. The company is Imperial Sugar, ticker is IPSU. See details here.
Or in general, all sugar related stocks/funds etc you can find here.
Hope it helps.
Sanjay John G.
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