Afthab Razak's Contributor Page
Last Updated: July 26, 2020 (Prior to the 2Q2020 earnings release).
View: Bullish
Model Description: This model represents Facebook as slightly bullish. The reason for this is run by a few major value drivers along with some recent setbacks for the company. In the age of COVID-19, daily and monthly Facebook users have surged due to everyone remaining at home, around the world. The pandemic is sending people to use Facebook’s social networking and messaging platforms more than ever, along with increases in accounts created and time spent using Facebook’s WhatsApp and Messenger. Facebook’s partnership with Jio is one of the greatest and most powerful investments that Facebook can make. This partnership will provide people in India access to digital tools they need to expand their current businesses and create new opportunities. Other tech giants, such as Google, Amazon, and Alibaba have also recognized that India is in the midst of an internet boom, and have been pumping billions into the country to propel India to digitalize, but Facebook is winning the war. Until now, the founder of Jio, Mukesh Ambani, has been influential in shaping India’s tech world, and now Facebook and Jio will enable e-commerce in rural India, surpassing Facebook’s goal of acquiring its next billion users. In the long run, this partnership could challenge the growth of FlipKart and Amazon and completely transform the way e-commerce functions in the world’s largest democracy. Overall, this new alliance has made investors very optimistic about Facebook and will lead to a large increase in earnings this quarter (Q2 2020) and in the long run...click here to continue reading
View: Bullish
Model Description: This model represents Facebook as slightly bullish. The reason for this is run by a few major value drivers along with some recent setbacks for the company. In the age of COVID-19, daily and monthly Facebook users have surged due to everyone remaining at home, around the world. The pandemic is sending people to use Facebook’s social networking and messaging platforms more than ever, along with increases in accounts created and time spent using Facebook’s WhatsApp and Messenger. Facebook’s partnership with Jio is one of the greatest and most powerful investments that Facebook can make. This partnership will provide people in India access to digital tools they need to expand their current businesses and create new opportunities. Other tech giants, such as Google, Amazon, and Alibaba have also recognized that India is in the midst of an internet boom, and have been pumping billions into the country to propel India to digitalize, but Facebook is winning the war. Until now, the founder of Jio, Mukesh Ambani, has been influential in shaping India’s tech world, and now Facebook and Jio will enable e-commerce in rural India, surpassing Facebook’s goal of acquiring its next billion users. In the long run, this partnership could challenge the growth of FlipKart and Amazon and completely transform the way e-commerce functions in the world’s largest democracy. Overall, this new alliance has made investors very optimistic about Facebook and will lead to a large increase in earnings this quarter (Q2 2020) and in the long run...click here to continue reading
| FB Earnings Model (Afthab Razak).xlsx |
Afthab Razak is a current student at Indiana University- Kelley School of Business (Class of 2024) studying Finance and Computer Science. On campus, Afthab is involved in several clubs including the Investment Banking Club, Portfolio Management Club, Emerging Markets Club, and the Endowment Management Group. He placed as a finalist in the 2019 Long Island University Stock Pitch Competition where he pitched Nvidia (NASDAQ: NVDA) and Visa (NYSE: V) to a panel of judges consisting of Wall Street traders and other finance professionals. In his free time, Afthab loves to follow the market, play/watch sports (especially football, basketball, and soccer), and volunteer in his community. Upon graduation, he plans to pursue a career in investment banking.
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.