Yandex - wo geht die Reise hin?

http://www.themoscowtimes.com/business/article/536600.html  

Russia's MICEX Index rose 2.5% today, and the dollar/ruble ratio has narrowed to 64.8. WTI crude oil is up 2.4% $46.61/barrel.

The trifecta has yielded big gains for Russian search leader Yandex (YNDX +8%) and online payments leader Qiwi (QIWI +7.1%). Both companies remain over 70% below their early-2014 highs, thanks in large part to macro/forex concerns.

Separately, Russian regulators have given Google until Nov. 18 to amend its Android bundling/pre-install deals with local carriers. Yandex jumped last month after regulators declared Google's Android bundling requirements violated competition rules. EU and U.S. (FTC) regulators have also been probing Google's deals.
http://www.americantradejournal.com/...-nasdaqqiwi-rally-8-15/697394/  

http://www.finanzen.net/nachricht/aktien/...s-on-October-27th-4546688  

KinoPoisk, its film and TV recommendation service. KinoPoisk offers its users an opportunity to watch films and TV shows legally and in high resolution – and all in one place.

KinoPoisk will be available in desktop and mobile versions as well as through native mobile apps for Android and iOS......

https://company.yandex.com/press_center/...leases/2015/2015-10-08.xml  

http://www.it-times.de/news/...t-windows-10-deal-gegen-google-113812/

MOSKAU/AMSTERDAM (IT-Times) - Der russische Internet-Suchmaschinenbetreiber Yandex N.V. kann eine wichtige Kooperation mit dem US-Softwarekonzern Microsoft vermelden.Die Yandex N.V. hat demnach mit der Microsoft Corp. einen Vertrag unterzeichnet, um die eigene Suchmaschine als Voreinstellung auf Windows 10 Betriebssystemen zu platzieren.....

kein Wunder, dass Yandex gut läuft  

http://www.ariva.de/chart/images/...440~R100~Uquarter~VCandleStick~W1  

möglicherweise. Mal abwarten wie die Quartalszahlen ausfallen.  

http://www.ewdn.com/2015/10/27/37547/

Q3 2015 Financial Highlights(1)(2)

   Revenues of RUB 15.4 billion ($233.1 million), up 18% compared with Q3 2014
   Ex-TAC revenues (excluding traffic acquisition costs) up 18% compared with Q3 2014
   Income from operations of RUB 3.2 billion ($48.1 million), down 29% compared with Q3 2014
   Adjusted EBITDA of RUB 6.0 billion ($90.9 million), up 2% compared with Q3 2014
   Operating margin of 20.6%
   Adjusted EBITDA margin of 39.0%
   Adjustedex-TAC EBITDA margin of 49.5%
   Net income of RUB 4.3 billion ($64.6 million), down 2% compared with Q3 2014
   Adjusted net income of RUB 3.5 billion ($52.9 million), down 10% compared with Q3 2014
   Net income margin of 27.7%
   Adjusted net income margin of 22.7%
Adjustedex-TAC net income margin of 28.8%
Cash, cash equivalents and deposits of RUB 55.1 billion ($831.9 million) as of September 30, 2015
.......
 

http://seekingalpha.com/news/...oogle-plans-to-contest-russian-ruling

Morgan Stanley has upgraded Yandex (YNDX +5.9%) to Overweight, and hiked its target by $2 to $20. Shares are close to a 5-month high of $16.61......  

Yandex N.V. (NASDAQ:YNDX): The stock price is expected to reach $ 21.77 in the short term. The number of analysts agreeing with this consensus is 7. The higher estimate for the short term price target is at $45 while the lower estimate is at $16. The standard deviation of the price stands at $10.34.

For the current week, the company shares have a recommendation consensus of Buy. Many analysts have commented on the company rating. Major Brokerage house, Sberbank downgrades its ratings on Yandex N.V. (NASDAQ:YNDX). According to the informationavailable, the shares are now rated Hold by the analysts at the agency. The rating by the firm was issued on November 12, 2015.

http://www.moneyflowindex.org/...te-on-yandex-n-v-nasdaqyndx/3193747/  

The total inflow of $18.43 million in upticks was completely overshadowed by an outflow of $22.22 million in downticks, giving the up/down ratio a value of 0.83. The shares have seen a change of 7.25% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $7.95 million and the composite value in downticks was $11 million. The resultant up/down ratio for the block exchange was 0.72. The block trade had a negative money flow of $(-3.04) million.

http://newswatchinternational.com/news/...large-outflow-of-money.html

17.16 +0.89 (5.47%)
Pre-market: 16.75 -0.41 (-2.39%)  

http://www.ariva.de/chart/images/...och~R100~Uquarter~VCandleStick~W1  

..... I think that the combination of factors have made Yandex (NASDAQ:YNDX) a good bet at today's prices. In fact, I think it's possible that the company could have a better-than-expected 2016 when all is said and done. Against the backdrop of a falling ruble and GDP that has shrunk over 4% during the second and third quarters of 2015, Yandex -- the company -- has performed exceptionally well. The same cannot be said for Yandex stock, which is down 70% from the highs it reached in early 2014. while revenue decelerated throughout 2014, it actually accelerated as the Russian economy began to stall. That's no small feat. In fact, during the first nine months of 2015, Yandex was able to grow text-based advertising by 15%. For context, this revenue stream accounts for 92% of the company's top line......

http://www.fool.com/investing/general/2016/01/18/...-a-huge-2016.aspx  

http://www.iramarketreport.com/...es-position-in-yandex-nv-yndx/7093/

The institutional investor acquired 77,296 shares of the company’s stock, valued at approximately $1,214,000.....  

Q4 2015 Financial Highlights(1)(2)

Revenues of RUB 18.1 billion ($248.3 million), up 23% compared with Q4 2014
Ex-TAC revenues (excluding traffic acquisition costs) up 24% compared with Q4 2014
Income from operations of RUB 2.7 billion ($37.5 million), down 39% compared with Q4 2014
Adjusted EBITDA of RUB 6.6 billion ($90.0 million), up 8% compared with Q4 2014
Operating margin of 15.1%
Adjusted EBITDA margin of 36.3%
Adjusted ex-TAC EBITDA margin of 45.6%
Net income of RUB 2.9 billion ($39.1 million), down 62% compared with Q4 2014
Adjusted net income of RUB 3.6 billion ($49.8 million), down 8% compared with Q4 2014
Net income margin of 15.8%
Adjusted net income margin of 20.1%
Adjusted ex-TAC net income margin of 25.3%
Cash, cash equivalents, term deposits and short-term investments in debt securities of RUB 60.7 billion ($832.9 million) as of December 31, 2015

http://seekingalpha.com/pr/...uarter-full-year-2015-financial-results  

http://www.fool.com/investing/general/2016/02/16/...olid-quarter.aspx

What happened with Yandex this quarter?

For the full-year 2015, revenue climbed 18% to 59.8 billion RUR, above guidance provided last quarter for 2015 ruble-based revenue to climb 14% to 16%.
Revenue excluding traffic acquisition costs -- which Yandex likens to sales commissions -- climbed 24% year over year in Q4 to 14.4 billion RUR.
Adjusted EBITDA rose 8% year over year to 6.6 billion RUR
Share of the Russian search market averaged 57.3%, up from 57.1% last quarter
Google also increased its share of Russian search from 35% last quarter to 35.2% in Q4, but has begun to lose ground to Yandex so far in 2016. Yandex's share climbed to 58% in February, thanks primarily to a 200 basis point gain in desktop search share.  

http://www.thevistavoice.org/2016/02/19/...pt-raised-to-15-50/844312/  

geführt hat wegen der vorinstallierten Android App von Google

http://thehackernews.com/2016/03/preinstalled-google-apps.html
The Giant search engine Google has lost an anti-monopoly appeal in Russia against ruling related to its Android mobile OS
The Moscow Arbitration Court on Monday ruled that Google had violated its dominant position with the help of its free open source mobile platform "Android" by forcing its own apps and services like Youtube, Google Map, and others, on users — reducing competition.
The complaint was brought against Google last February by competing search engine Yandex — Russian Counterpart of Google — which had argued that Google broke competition rules by requiring handset manufacturers to pre-install its apps on Android phones and tablets.  

http://blogs.barrons.com/emergingmarketsdaily/...h-profits-improving/

Citi’s Brady Martin and Atul Mehta write:
We maintain our target price of 1,150 Russian rubles and upgrade to Buy … but see little upside in Mail.ru …
“In fourth quarter 2015 for the first time in a year the Russian advertising market posted growth rather than a decline (+0.5% year-over-year vs. 17.3%/15.4%/ 8.1% declines year-over-year in Q1/ Q2/ Q3). The stabilization in the overall advertising market fuelled a surge in internet advertising growth rate to 21.3% in Q4 (vs. 9.0%/ 10.7%/ 14.9% growth in Q1/ Q2/ Q3 respectively) – the highest growth rate since the first quarter of 2014. The structural growth of internet advertising continued, with internet’s share of the total ad market rising to 31.6% in fiscal 2015 (vs. 24.9% in fiscal 2014).According to liveinternet.ru, in February Yandex actually demonstrated appreciable search share gains (+70 basis points month-over-month to 57.8%) after years of steady decline........

 

http://ir.yandex.com/releases.cfm?ReleasesType=Announcements  

http://blogs.barrons.com/emergingmarketsdaily/...de-goldman-upgrade/?
...The Goldman report, which upgraded the stock to Buy, was issued Monday.  Yandex shares are up 6% so far this week. The Market Vectors Russia exchange-traded fund (RSX) is up 2.8% this week, up nearly 16% this year, and down 10% over 12 months.Goldman analysts Alexander Balakhnin, Stanislav Kondratyev and Alexandra Walvis expect strength from first-quarter results on April 28, including a 23% rise in revenue.......  

http://www.bloomberg.com/news/articles/2016-06-02/...erce-for-growth?
In a Google-dominated world, Yandex became Russia’s largest internet search engine by offering a better way to interpret the peculiarities of Slavic grammar. And two years before Uber made it to the country, Yandex started a ride-hailing service that’s become the market leader in Moscow. Now the company is targeting a business ruled in many places by another American behemoth, Amazon.com, with a renewed bet on e-commerce as expansion in its search business begins to slow.
.........  

http://www.reuters.com/article/...e=RSS&feedName=technologySector

* Raises 2016 revenue growth forecast to 19-22 percent from 15-19 percent seen previously;

* Q2 revenues rise 30 percent year-on-year to 18 billion roubles ($271.6 million);

* Q2 net income rises to 2.06 billion roubles from 423 million roubles in Q2 2015;

* Q2 adjusted net income up 40 percent year-on-year at 3.9 billion roubles;

* Q2 adjusted EBITDA up 40 percent year-on-year to 6.8 billion roubles. Source text for Eikon: Further company coverage: ($1 = 66.2700 roubles) (Reporting by Moscow Newsroom)  

http://www.investing.com/equities/yandex?cid=102063  

http://www.reuters.com/article/idUSL8N1CX4EC

Oct 27 Yandex NV says:

* Sees 2016 revenue rising 22-24 percent, previously forecast growth of 19-22 percent;

* Q3 revenues rose 25 percent year-on-year to 19.3 billion roubles ($306.3 million);

* Share in the Russian search market, including mobile, averaged 55.9 percent in Q3 compared to 57.0 percent in Q2, according to LiveInternet;

* Q3 adjusted EBITDA (earnings before interest, taxation, depreciation and amortisation) increased 14 percent year-on-year to 6.9 billion roubles;

* Q3 net profit at 2.4 billion roubles, down 43 percent year-on-year mainly due to a foreign exchange loss and an increase in sales, general and administrative costs which grew faster than total revenue;
* Foreign exchange loss in Q3 was 432 million roubles;
* Q3 adjusted net profit at 3.8 billion roubles, up 8 percent year-on-year;

* Cash and cash equivalents stood at 66.2 billion roubles as of Sept. 30, 2016;

* "Revenue and EBITDA continued to grow strongly in Q3, boosted by innovation on our advertising platform. -.......