"Whether there will be further price distortions in the course of the spin-off, as many IAC shareholders may want to cash in their stock dividends in the short term, I also do not know." Many people expect this sell-off, so I'm not sure if we'll really see more depressed prices for the ANGI stock. Don't forget that ANGI is already 40% down since IAC announced the spin-off.
I could not spot the argument why the turnaround at ANGI should succeed. As an IAC holder I would do the opposite. Sell the ANGI shares quickly and reinvest in IAC at a SOTP discount.
Don't you think the turnaround at ANGI is almost done? Don't get confused by the revenue decline. It was a good management decision to get rid of all the unprofitable revenue sources.
There is an alternate explanation for the decline both in revenues & S&M - maybe the company decreased google spending substantially, but still has high revenues from previous cohorts of customers.
If this is the case, then we'll c continuous revenue decline in the 2half of 2025 as well.
I don't know what's the true here.
ANGI doesn't report cohort data, take rates, retention etc & i don't like it.
very good article
What’s your thoughts that on the spin off, there will be a sell off ANGI shares because people will not want to hold shares of ANGI ? 🤔
"Whether there will be further price distortions in the course of the spin-off, as many IAC shareholders may want to cash in their stock dividends in the short term, I also do not know." Many people expect this sell-off, so I'm not sure if we'll really see more depressed prices for the ANGI stock. Don't forget that ANGI is already 40% down since IAC announced the spin-off.
I could not spot the argument why the turnaround at ANGI should succeed. As an IAC holder I would do the opposite. Sell the ANGI shares quickly and reinvest in IAC at a SOTP discount.
Don't you think the turnaround at ANGI is almost done? Don't get confused by the revenue decline. It was a good management decision to get rid of all the unprofitable revenue sources.
There is an alternate explanation for the decline both in revenues & S&M - maybe the company decreased google spending substantially, but still has high revenues from previous cohorts of customers.
If this is the case, then we'll c continuous revenue decline in the 2half of 2025 as well.
I don't know what's the true here.
ANGI doesn't report cohort data, take rates, retention etc & i don't like it.