Futuremark (TRENDER0): Facebook is basically composed of 3 core segments. Facebook & Messenger: The largest social medium for sharing the content of one's life. The target group is people of all ages, with the platform becoming particularly popular with older generations in recent years.  Instagram: A social medium focused on pictures and videos. The target audience tends to be younger users. 70% of Instagram users are under 35. WhatsApp: The standard app for text messages. WhatsApp does not focus on specific target groups, but tries to reach the entire market. The app is free and ad-free. However, Facebook is experimenting with a digital payment option, for example. Through this social power, Facebook has an incredibly large network effect. This is because only those who use these apps can be reached. Facebook's services therefore grow mainly without additional advertising. Users attract each other. No one will build an identical network again because it's too costly. On the negative side, Apple's restrictions on Facebook mean they are reluctant to share user data. Without the right data, Facebook's ads barely make an impact. Facebook may have to completely abandon a small advertising division. However, less than 5% of revenue will be affected. As a result, Facebook will hardly be affected in the long run.  In addition, Facebook is getting pressure from governments. Facebook has become a problem for many governments. Facebook provides large platforms for opinion sharing. As a result, there are problems with extreme opinions and agitation. Facebook has hardly taken any action against these so far. In addition, Facebook has tremendous market power. Some antitrust offices see the free market threatened. For Facebook, this means that they will have to invest more in their platform in the future, which will reduce margins. There may even be a threat of breakup. However, this could also be a very positive scenario for shareholders. In the technical analysis, Facebook receives 40 out of 45 points in the Futuremark quality score, which is a very good value. The excellent balance sheet, particularly strong growth and low volatility are worth highlighting. Because Facebook does not receive optimal media feedback, the price is not exaggerated, but is undervalued by various factors that have not been recognized by the general market. Exemplary is the positive-increasing return on capital, a decreasing debt and an increasing liquidity. Facebook is an outstanding company, which has a high position in the "Futuremark - Trender" due to good management as well as the resulting good balance sheets.  Best regards and returns Luke (28.03. 20:34)