Home » Business » Meta shares plummet, damaging fund portfolios Accelerate door to turn Apple-Microsoft on hold instead

Meta shares plummet, damaging fund portfolios Accelerate door to turn Apple-Microsoft on hold instead

But after that, Meta had to suffer from bad news as it seems that Metaverse has not received the attention of people around the world as it should.

So far, earnings for the third quarter of 2022 have announced total revenue of $ 27,714 million, compared to total revenue for the third quarter of 2011 of $ 29,010 million, a decrease of $ 1,296 million or a decrease of approximately 4.47%.

While meta stocks since the beginning of the year have already fallen 70% has moved to $ 97, the lowest point in the past six years, or since 2016.

If you look at the trend of people’s interest in the world of Metaverse. The present appears to be in decline and decline, with The Sandbox (The Sandbox) and Decentraland. (Decentraland), the world famous metaverse platform. with a core value of several tens of millions of baht But lately, there are fewer than 1,000 users a day and all of them are hitting the Metaverse mutual fund. and funds that have invested in meta stocks, no less

Ms. Chayanee Chungmanon, senior analyst at Morning Star Research (Thailand), told “Krungthep Turakij” that Earnings on Meta shares have declined from last year.A large number of factors, such as the dollar Economic uncertainty affecting advertising revenues Another aspect of Meta stocks is investingHighly metaverse businessAnd it is also difficult to predict when to start making profits. Although management has investment guidelines that will still increase profit margins.

However, as far as the Reel feature is concerned, it is now getting more and more users and showing signs of generating revenue for the company. And the company is constantly investing in the development of advertising metering systems.

Currently, meta-invested funds tend to be passive US stocks and active funds depend on each fund’s policy. They have different investment weights or may not hold meta shares Investors can view the fund details in the mutual fund prospectus.

Mr. Isara Puttansri CEO DAO Asset Management Company Limited revealed that the technological concept of the future is still in that direction. But it may take a while for the metaverse vision to become a reality. Therefore, before the hype that Metaverse will change a lot of things I personally think. it should take timeTechnology group for the next 10 years The Metaverse is likely to actually play a role, which may be too soon at this point. plus the past from the US There has been a rise in interest rates. Some of these stocks have had a negative performance. This could be another factor causing a lot of sales pressure.

“In the theme of the metaverse It is a new investment. that at the moment nothing is clear Facebook, meanwhile, is under pressure from shareholders to invest heavily in metaverse research. while the number of users of the service is still small In addition, the ecosystem device that will connect to other people still cannot see a clear picture. Therefore, investors mustFocus on long-term investments to receive good returns in the future. “

Mr. Monarat Phadungsit, Chief Executive Officer Land House Asset Management Company Limited or LH Fund disclosed that the currentmetaverse At the moment it appears to be in a negative direction, but it isFuture trends that can grow But it may take some time. Also this time the economy is not good. US interest rate has been adjusted No matter what type of investment, they are all interested together. But more or less he has to look at all kinds of businesses. where the metaverse is expected When the economy starts to recover after 2024, it can generate good returns. Because Metaverse is a new marketing channel that many companies are interested in.

From the morningstarthailand survey of 26 October 65, it emerged that there are two Metaverse funds, namely M-META Fund of MFC Asset Management Co., Ltd. Yield from the beginning -49.72% by investing in META shares in the proportion of 7, 05%, while the One Metaverse Equity Fund was just opened for sale earlier this year (14 – 22 February 65) Focus on investment in technology related to METAVERSE or VIRTUAL PLATFORM and SOCIAL MEDIA related to COMMUNICATION SERVICES there are currently no published results.

However, if they are about a year earlier, morningstarthailand’s data as of September 30, 2021 revealed that there are foreign equity funds in the United States. invested in META in many funds, both TMBUSBLUECHIP held 7.61% of META, KT-US-A held 6.11% of META, SCBLEQ-SSF held 2% of META, KKP PGE-H-SSF held 1.12% of META and TMBGQGRMF holds 2.46% of META.

But at the moment, the fund has all adjusted META ratios, but instead invests in tech stocks in other stocks, like Apple or Microsoft.

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