Home Builder Developer - Interior Renovation and Design
-
December 28, 2014 by
Mr HomeBuilder
Netflix ( NFLX )reported its third quarter numbers on October 15, 2014 and the stock has fallen approximately 25% since then. Even though Netflix delivered on the revenue guidance, the selloff has largely been due to the disappointing numbers it posted with respect to streaming subscriber additions. Our price estimate for Netflix stands at $299 , implying a discount of about 12% to the market.While we believe that Netflix has a lot going on in its favor, there are some risks that warrant a conservative valuation of the stock.
See our complete analysis for Netflix
What's Going Well For Netflix?
On the whole, Netflix is a relatively strong growth story and has a lot of things working for it. Netflix's revenue grew at 21% in the year 2013 and is expected to grow at 25% in 2014, which means it will cross the $5 billion mark for the first time and come in at around $5.46 billion. Its subscribers have been increasing at a good pace. The overall subscriber base crossed 50 million mark for the first time in the second quarter of 2014, and the company added another 3 million in the third quarter. The subscriber growth, in essence, is being fueled by media consumption shifting to internet. The presence of wide variety of devices available to play Netflix's movies via internet significantly enhances customer experience. This will continue to be a catalyst for streaming subscribers in the US. Its growing focus towards original content has been paying off and shows such as House of Cards and Orange is the New Black have been immensely popular. It is considered a pioneer in online streaming and is well placed with respect to total domestic subscribers and the overall quality of content in comparison to its competitors like Hulu and Amazon Prime Instant Video. Netflix has been aggressively expanding its international streaming operations and recently launched in France, Germany, Austria, Switzerland, Belgium and Luxembourg, gaining access to a potential market of about 66 million broadband households. It also officially announced that it plans to launch in Australia and New Zealand in March 2015.
However, These Risks Can Not Be Ignored:
- Subscriber Growth In The U.S. May Be Slowing Down
There are still concerns surrounding the future growth drivers of the company and the biggest concern is the underperformance in the domestic streaming subscriber additions. Netflix added a little less than 1 million subscribers domestically in the third quarter of 2014, as opposed to its earlier expectation of 1.33 million. The company increased the price of its online streaming plan from $7.99 to $8.99 and cites this as the primary reason for the decline in demand. While this may be the case, there are genuine concerns that Netflix's US business could be entering its maturity phase and that the market could become saturated in the coming years. Incremental customer additions will become difficult for the company in such a scenario.
- International Streaming Is Still In Losses
The international streaming segment is growing at a rapid pace. The number of international subscribers stood at 15.84 million at the end of third quarter of 2014, an increase of 72% over the same period a year ago. As stated earlier, Netflix entered 6 new markets in Europe this year and has no intention of slowing down as evident from its announcement to launch in Australia and New Zealand next year. However, this aggressive expansion is coming at a cost. The international segment continues to operate at a loss. Even though the contribution margin for the first nine months of 2014 came in at -9% compared to -44% for the year ago period, the expansion into new countries will put severe stress on this number in the coming quarters. This is primarily due to the lack of operating leverage that Netflix will face in these new markets as the subscriber count will be low in the initial period and many new subscribers will be in the trial phase. Large marketing expenditure in the countries where the service has been recently launched is also unavoidable. All these factors will contribute to a period where the top-line growth will not result in profitability for the international segment of the company. Currently, we are projecting that Netflix's international segment will just about break even in 2015 and will start having positive contribution margin from 2016 onward. It will then stabilize at current domestic levels by the end of our forecast period.
Original Content Is Expensive
The rest is here:
Why We Believe That Netflix Is Still Overvalued
-
December 28, 2014 by
Mr HomeBuilder
FORT COLLINS, Colo. (AP) - The cohesion was instant at Colorado State, even with all the transfers and junior college additions.
Thats because of video game sessions in the locker room after practice. And bowling nights. And movie matinees. And watching fighter Floyd Mayweather Jr.s last bout at the home of guard Gian Clavell, who whipped up his famed Puerto Rican chicken-and-rice dish his mom taught him to make.
The 24th-ranked Rams are a tight-knit group of overlooked vagabonds arriving from the University of Arizona, Navy, North Carolina Central, Northwest Kansas Technical College, Southern Illinois and places in between.
Colorado State possesses an attitude - picked fifth in the Mountain West preseason poll - and a savvy coach in Larry Eustachy who melds the pieces seamlessly together, helping the Rams (12-0) to their best start in school history. Theyre one of eight remaining unbeaten teams heading into a game at New Mexico State on Saturday, but will be without starting center Tiel Daniels (calf) and key reserve Clavell (shoulder) as they stay behind for treatment.
The whole team is filled with chips on their shoulders, said Stanton Kidd, a forward from Baltimore who transferred in from North Carolina Central. Colorado State never gets the respect we deserve. But we dont really care. We just want to win.
Its easy to see why the Rams didnt receive a whole lot of preseason love: They had a largely unknown group.
Sure, senior sharp-shooter Daniel Bejarano was back, along with senior post player J.J. Avila, who played at Navy before his arrival at Colorado State last season. After that, no one really knew much about the Rams ensemble.
But they had three players in Daniels (Southern Illinois), John Gillon (Arkansas-Little Rock) and Stanton who practiced all last year even as they sat out under the NCAA transfer rule. So, they had a built-in familiarity.
Clavell, a junior college arrival from Caguas, Puerto Rico, fit right in as well, holding dinner parties for the team off the court as the team cooked on it.
We dont care who scores the most points or who got the most rebounds, Bejarano said. We have that feel of a brotherhood, of a family. We just find ways to win.
See the article here:
No. 24 Colorado State off to program's best start
-
December 28, 2014 by
Mr HomeBuilder
Discount Home Window Replacement Telephone Number
Call 844-895-8752 to have a discount replacement window installation specialist arrive directly at your door. Discount home window replacement is available i...
By: Custom Window Treatments
Read the original post:
Discount Home Window Replacement Telephone Number - Video
Category
Window Replacement | Comments Off on Discount Home Window Replacement Telephone Number – Video
-
December 28, 2014 by
Mr HomeBuilder
Sabahans son was locked in car and windows had to be broken to save him.
KOTA KINABALU: A mother whose sleeping son was locked inside her running vehicle, refused to break the car window until she was given RM200, according to the Star Online today. Apparently, the money was to make good a replacement for the broken window.
According to a witness, the woman left her son, believed to be seven or eight years old, inside the car while she and her daughter, about five, went down to a restaurant at Bandaran Berjaya in the city at noon today.
I was eating inside the restaurant and saw her go down. After a while, I saw the woman trying to open the car door by picking the lock but she failed, said the witness, who only wanted to be known as Hiew.
A crowd gathered and advised the woman to break the window to get her son out but she refused to do so.
It was only after two men reportedly gave her RM100 each that she allowed them to break the window.
The boy, who woke up from the noise, was unhurt in the incident.
A medical officer who was off duty at the time gave the boy a brief check-up while waiting for help to arrive.
The views expressed in the contents are those of our users and do not necessarily reflect the views of FMT.
Go here to see the original:
Mum demands RM200 before allowing son to be saved
Category
Window Replacement | Comments Off on Mum demands RM200 before allowing son to be saved
-
December 28, 2014 by
Mr HomeBuilder
We'll always need buildings, so long as the wind blows and the temperature drops, but the virtual reality of contemporary life has changed our relationship to physical space. Buildings, particularly in the public realm, aren't as essential as they used to be.
How important is a convention center in the age of webinars? Schools, libraries and workplaces when information is so easy to share digitally? Airports and hotels when friends connect via Facebook and FaceTime?
Architects have felt the pressure and sweated the possibility that their once-enviable profession is headed toward irrelevancy. We'll always need them, too, but how much depends on what they can bring to the table beyond four sturdy walls and a roof.
The good news is that the profession is changing. Slowly, and with some good ideas leading the way, architects, planners and designers have begun moving from defense to offense, creating spaces that do more than protect us from the elements. The best new buildings actually make us healthier by encouraging exercise and better diet. They improve our energy levels and attitudes by balancing our exposure to light and sound. Well-designed public places strengthen communities by drawing users from across social and economic divides to shared experiences.
Architecture's next step is to build on the green movement that has made structures more energy-efficient and earth-friendly and to develop spaces that work as doctors, coaches and counselors for 21st-century life.
At Canal Park in Washington, D.C., an interactive water fountain becomes an ice rink in the winter. The park's storm-water management system recycles runoff from neighboring buildings, saving 1.5 million gallons of potable water each year. (Photo provided by Land Collective)
Mariposa, a Denver Housing Authority development that has been opening in phases, combines several of these ideas into one residential mini-city. Planners are designing the block apartment buildings with ample community garden spaces where residents can grow their own food, and integrating colorful playgrounds into the front yards. The units go for varying rents from highly subsidized to market rate so every building and floor has a mix of occupants. Located near an affordable commuter rail line in the Lincoln Park neighborhood, the development makes walking a few blocks to the train each morning more attractive than walking a few steps to the car.
Mariposa's biggest contribution to the movement may be the Mariposa Stair, a brilliant multimedia art installation that inspires residents in one new building to skip the elevators altogether. As the stair rises four floors, a Mayan folktale called "The Chocolate Tree" unfolds in chapters. Climbers can read about the plants and animals in the story's jungle setting and push buttons to hear bird calls and thunderstorms. A chandelier it's not lavish, just plastic panels and LED lights strung together with cables hangs down the center, illuminating the space in gentle red, blue and green hues.
The stair, designed by Rezan Prananta and a team from the Denver architecture firm Shears Adkins Rockmore, has a pleasant vibe and, so far, people are using it.
This holistic attitude is architecture's greatest promise and seems to be steering trends. More and more, landscape architects a subset of the profession that used to enter building ventures late in the planning to finish parking lots and lawns are emerging as project leaders, devising how sites will be organized, used and maintained. These days, they might be the ones to hire building architects to complete their vision.
More here:
Architecture future: How buildings will begin to make our lives better
-
December 28, 2014 by
Mr HomeBuilder
Latest Kitchen Remodeling Projects by Greyhound
Check out the latest two kitchen remodeling projects for San Diego #39;s Greyhound General: http://www.greyhound-general.com/services-portfolio/kitchen-remodels/:
By: Dave Jovin
Link:
Latest Kitchen Remodeling Projects by Greyhound - Video
Category
Kitchen Remodeling | Comments Off on Latest Kitchen Remodeling Projects by Greyhound – Video
-
December 28, 2014 by
Mr HomeBuilder
J.united kitchen remodeling
By: j.united Construction Corp.
See the rest here:
J.united kitchen remodeling - Video
-
December 28, 2014 by
Mr HomeBuilder
Good kitchen remodeling ideas
Good kitchen remodeling ideas.
By: Best Home Art Decor Ideas
More:
Good kitchen remodeling ideas - Video
-
December 28, 2014 by
Mr HomeBuilder
By Sarah Rigg Special to The Dexter Leader
Dexters Red Brick Kitchen will expand into the space next door, adding seating area and tripling the kitchen space.
At the beginning of the summer, the space next door became available for us, Peter Landrum said. Once our regular customers found out the space was available, they really started pushing us.
Prior to the space becoming available, the Landrums didnt have concrete plans to expand their popular downtown restaurant, but the opportunity was too perfect.
It became something we couldnt pass up, said Peter. If we were ever going to try to expand in our current space, its something we needed to do.
Landrum said he wishes the remodeling was already underway, but the restaurant needs to take care of some paperwork before it can begin.
Right now, were waiting on permits and approval, everything like that, Landrum said. Weve given the initial drawings to the appropriate people in the (city), and soon well be going to Washtenaw County to get approvals for the work we want to be doing.
The remodeling, when completed, should expand the kitchen area as well as the seating.
The couple plans on arching out the brick walls to connect both buildings. The current kitchen space will be taken apart and converted into a bar area with additional seating.
Continued here:
Dexter's Red Brick Kitchen to expand into space next door
Category
Kitchen Remodeling | Comments Off on Dexter's Red Brick Kitchen to expand into space next door
-
December 28, 2014 by
Mr HomeBuilder
Home remodeling jobs often require more than hard work and craftsmanship.
You might know all the steps it takes to put on a roof, but if you don't know all the things to keep the warranty in effect, you could be going in the wrong direction, says Carl Griffiths, an assistant manager at the Lowe's Home Improvement store in Richland.
He, along with Wesley Dixon from the Altoona-based Home Solutions, will be giving talks on the decision to use a professional or go the do-it-yourself route at the Pittsburgh Remodeling Expo, which will run from Jan. 2 through 4 at the David L. Lawrence Convention Center, Downtown.
The 13th annual show will be focused on educating homeowners in a variety of remodeling issues, says show manager Nick Vedder from L&L Exhibition Management in Minnesota.
They include talks on geothermal heating, interior projects and financing. In addition to speaking at the event, Griffiths also is helping coordinate Lowe's role as a sponsor of the show.
Dixon will focus on trying to Design Outside the Box. To do that, Dixon says, a homeowner almost has to take on a professional mindset and see the possibilities present. For instance, he says a client once wanted a fireplace in a redone kitchen. But, he says, the kitchen was too small for any kind of hearth they investigated.
He found a ventless, gas fireplace that is 15-inches by 12-inches and made it fit amid the cabinetry.
Dixon is a senior designer with Home Solutions, a firm that is moving into Western Pennsylvania after being focused in the northern and central parts of the state for 38 years. The company has a Warrendale office and hopes to have one in the South Hills by the spring, he says.
The company does exterior work, kitchens and bathrooms. He also will talk about kitchen remodeling basics.
Griffiths says the important part of a job is not cost, but value. A roofer who is aware of all of the issues in a warranty could be more valuable than costly, he says.
Excerpt from:
Pittsburgh Remodeling Expo to offer advice on DIY projects
Category
Kitchen Remodeling | Comments Off on Pittsburgh Remodeling Expo to offer advice on DIY projects
« old Postsnew Posts »