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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Graham Osborn who wrote (61725)2/15/2019 10:40:39 PM
From: Spekulatius  Read Replies (1) | Respond to of 78915
 
Re: FB

Did anyone notice how FCF fell off in 2018? The reason was increased investment in property and equipment, including nearly 5B in networking equipment. Anyone know more about this? I hope it's truly a non-recurring investment.
Same with GOOG to some extend. FB is doing a lot of Capex. I know for example they are building data centers in Asia to prepare for the land grab in social media there. GOOG is buying a lot of expensive real estate for offices (they like to own rather than rent) and also build datacenters.