Phoenix New Media Limited (FENG) Options

FENG 10Q due March 13

$1.59

$1.46

12 Million Outstanding Shares !

1.9 Billion In Cash crazy -> Cash and cash flow
As of December 31, 2022, the Company's cash, cash equivalents, short-term deposits, long-term deposits, short-term investments, short-term restricted cash and long-term restricted cash totaled RMB13,398.8 million (US$1,942.7 million)

Cup & Handle complete breaking handle now !

Yep, everyone wanting cheaper shares when hitting the ask only helps them...

$1.42 bid sitters will get left behind

$1.40 *** Breakout Watch !

Level 2 clear on ask. Ready for liftoff

$1.36 !!! Cheapies !!!

$1.38 whos selling with $25Cash/book value crazy !

https://finviz.com/quote.ashx?t=FENG&p=d

Yes its very illiquid any volume comes will halt many times !

Oh I agree but has to pass the MA200 first. $2+ then squeeze to where it should be valued at. Once volume comes in could squeeze hard IMO.

Why $2 thats low they have $25 cash per share on balance sheet per finviz!

Big buys beginning. $2+ soon IMO…

$1.44s breaking out here !

$1.35 !

Breakout Watch tons of cash on balance sheet !!!

**$25Cash/share $13Book/share !!! Per finviz*

Look —-> https://finviz.com/quote.ashx?t=FENG&p=d

https://stockcharts.com/h-sc/ui?s=Feng

$1.47 Chart —> https://stockcharts.com/h-sc/ui?s=Feng

25$ Cash/share 13$ book/share and were @1.47$ per finviz —> https://finviz.com/quote.ashx?t=FENG&p=d

Time to load. I smell something brewing IMO….

And…?

FENG new 52 week low

might go unch or even red at this rate

On the move

https://finviz.com/quote.ashx?t=FENG&ty=c&ta=1&p=d

Yup, they did it the last 2 years, 3rd times a charm?

I saw a commenter on an online board state that they would pay out a 1.37 dividend in december just like they did last year. Is on my watch list now but i have not found any reliable source to say that there going to be another one that size this year. Im sure that news would up the share price in a hurry.NO idea if its a real possibility

Hey all,

Just recently bought this a month ago on the peak around 2.20$. Financials look pretty good for it's current market cap. Does it have any potential catalysts for the future that could see its stock price rebound. I fail to see why a company taking in billions in revenue, and hundreds of millions in earnings is valued so low by investors. Anyone know anything?

Thank you,

Load up, iron clad

Just recently discovering these guys, do they pay a dividend every december? Was looking for something iron clad saying they would be paying another this december before loading up on this without any luck this morning.

* * $FENG Video Chart 03-24-2021 * *

Link to Video - click here to watch the technical chart video

$3.65 Dec calls printing hard.

No complaino.

Rumors of NTF involvement.

https://www.benzinga.com/news/21/03/20320643/phoenix-new-media-shares-spike-higher-traders-circulate-as-speculative-non-fungible-token-play-bz-no

Hanging on for now.

$FENG

No Problem. Hope you received a nice dividend.

All righty then.....
I'll be the first to admit that I was wrong. And even that URL I posted had it wrong, at 17 cents per share. The dividend is in, and it was a whopper!
I do see the stock price was severely reduced though.....Looks like it will open at 1.08, according to Fidelity.....Still, it was a huge dividend, with some sort of small additional fee charged......

GLTY

Haven't seen my divi come through, even after market close now. Of course I've seen similar "delays" for other divis in the past, using Fidelity......
BTW, after reading a bunch of other posts on Yahoo conversations for FENG, I'm convinced there's a bunch of confusion about the "size" of this dividend, some stating that it's over 25% of the share price.
I too thought it sounded huge(1.3712), when I first read about it. Before buying some of the stock, I did some searches about ADS versus ADR shares. The divi is as stated, per ADS share. The company itself "sets" the ratio, of how many ADR shares equal one ADS share. So the final divi will be 17 cents per FENG ADR share......Not $ 1.3712.....The ratio is 8 to 1......

https://www.prnewswire.com/news-releases/phoenix-new-media-announces-special-cash-dividend-of-us1-3712-per-ads-301176872.html

Outstanding dividend and just before Christmas helps cover some bills. Guaranteed money. FENG nice investment.

* * $FENG Video Chart 11-19-2020 * *

Link to Video - click here to watch the technical chart video

NEWS: $FENG Phoenix New Media Announces Special Cash Dividend of US$1.3712 per ADS

Phoenix New Media Announces Special Cash Dividend of US$1.3712 per ADS PR Newswire BEIJING, Nov. 19, 2020 BEIJING , Nov. 19, 2020 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG), a leading new media company in China ("Phoenix New Media", "ifeng" or...

In case you are interested FENG - Phoenix New Media Announces Special Cash Dividend of US$1.3712 per ADS

News: $FENG Phoenix New Media Announces Results of Annual General Meeting and Special Cash Dividend

BEIJING , Nov. 14, 2019 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG), a leading new media company in China ("Phoenix New Media", "ifeng" or the "Company"), today announced the results of its annual general meeting and the declaration of a special cash dividend. The Comp...

In case you are interested FENG - Phoenix New Media Announces Results of Annual General Meeting and Special Cash Dividend

News: $FENG Phoenix New Media Announces Further Update on Proposed Sale of Investment in Yidian

BEIJING , July 23, 2019 /PRNewswire/ -- Phoenix New Media Limited ("Phoenix New Media", "ifeng" or the "Company") (NYSE: FENG), a leading new media company in China , today announced that it has entered into a supplemental agreement (the "Supplemental Agreement") to the share purchase ag...

Find out more Phoenix New Media Announces Further Update on Proposed Sale of Investment in Yidian

https://www.barchart.com/stocks/quotes/FENG

https://www.investing.com/equities/phoenix-new-media-ltd

News: $FENG Phoenix New Media Announces Letter of Intent for Sale of Investment in Yidian

BEIJING , Feb. 25, 2019 /PRNewswire/ -- Phoenix New Media Limited ("Phoenix New Media", "ifeng" or the "Company") (NYSE: FENG), a leading new media company in China , today announced that it has entered into a binding letter of intent ("LOI") with a proposed investor (the "Proposed Inves...

Find out more https://marketwirenews.com/news-releases/phoenix-new-media-announces-letter-of-intent-for-sale-of-investment-in-yidian-7748170.html

* * $FENG Video Chart 05-16-18 * *

Link to Video - click here to watch the technical chart video

FENG cheat sheet

https://www.barchart.com/stocks/quotes/FENG/cheat-sheet

Money flow on the rise

RSI breaks into bull territory

FENG chart looking great