Interesting figures there alright. Facebook have built a great infrastructure (lots of users, lots of connections between those users, lots of data about those users) and it seems they are trading on the potential to monetise that in future, rather than the reality of here and now.

They need to find a revenue model that works, and quickly. By the sounds of it the display ads aren’t really going to do it for them long term.

There biz model is the sale of you’re information and habits thats why they have been changing the user terms and conditions ,same as Google .Dave’s right I modelled it to about £15 a share and they will lose to google in the long term .

The value is not in their revenue stream, it’s that they have a ridiculously big database containing a huge amount of user data. For profiling and target marketing purposes this is a very valuable asset, especially since it cost them relatively little to compile it. It’s only my opinion, but I think the price will stabilise at a higher figure than you’ve estimated, and will stay stable for at least a year, because it’s a valuable asset rather than as a revenue generator.

Fair play to you for putting it so succinctly. I wonder if Facebook users are so compliant with the company policy of ” in your face ” advertising? Ad fatigue sets in after a while and we don’t even notice anymore unless it’s really entertaining or shocking on TV.

That was some scam,but it made me cynical about subsequent government horseshit about tigers and boom getting boomer,so a good investment after all.

David the eircom share price stayed at about 20% over its launch price for months after . greed got the better of people we need to get over blaming the government for all our woes . if The share price had increased by 100 % . the government would have been accused of giving away state assets to benifit the rich …

Blaming the gov. For all our woes, Are you serious? Who else is responsible for our woes can you tell me? I mean our gov have such a squeaky clean reputation for honesty, sincerity, transparency it makes me ashamed to even utter the possibility that they tried to screw us….i mean they ran the country so well why would one even think the Eircom fiasco but but another MISTAKE…oh where did I hear that before…Wait… Sovereign debt, property tax, water tax, septic tank tax, waste water tax?? Closed hospitals, 1 ambulance for 70,000.00 population, overpaid fat cat civil servants, claiming double expenses, unvouched expenses, 200k ministerial salaries + 50K party salaries. Make no mistake about 1 thing, todays gov. are no better than the landlords who ruled this island 200 years ago, when they are in the shyt, they tax, as did the kings and landlords past until they were toppled.
Maybe in a twisted way you are right, our woes are caused by us because we ALLOW them to carry on while sitting our our asses but this is the wrong column for this kind of discussion….

a lot of facebook multi million dollar advertising clients have cut their contracts because they can avail of free like pages..they are finished in 6months shares will be half that at best

Seems more to this if you read the business insider article published on thejournal this morning. There are many questions there are least that need answering if true

@ Paul, with respect, I’d be very sceptical about anything Business Insider reports. I’ll wait until someone more reputable covers the story. Not saying they’re wrong, but BI has a very patchy and subjective track record. And that’s about the most most polite way I can phrase it.

or accidental

We hadn’t a ditch to walk on

pretty sure it was $10million on Facebook advertising.