Who's know? But given the history of buy-back once the share price getting low . I don't think CEO will let his child die easily.
Firefall China should be launching soon and it will be a big push next year.
Just FYI, this company started buy-back program back in 2007 ,3 years after IPO.
And they have started 4 buy-back programs since then. Here is the record. Actually, this sum of money is by far larger than current market cap
2007 - the Company’s Board approved a share buy-back of up to US$50 million
The result : They repurchased approximately 1.8 million of its ADSs and spent US$39.3 million = $21.8 /ADS
2008 - US$50 million buy-back program
The result: 2.5 million of its ADSs repurchased by spending US$32.7 million = $13.08 /ADS
2011 - US$25 million buy-back program
The result: 0.7 million shares of its ADSs repurchased by spending US$3.4 million = $4.85/ADS
December 2012 - US$10 million buy-back program
The result: 1.7 million shares of ADSs. repurchased by spending US$4.6 million = $2.7/ADS
Share count between 2007-2013
Basically , they retired just 5 million shares(ADS) by spending US$80 million.
I did send message to him. He never reply back.
Number of players in Steam looks better in recent weeks. If u compare it with previous week/month
You better call them. Looks like spam mail filter for Chinese corporate is quite tight. I have to call IR to ask her to reply my mail.
Anyway, I emailed to QIHU and never get response also. These Chinese companies have very poor IR
ok thx- keep us informed about the rollout in China- if the game is big there next year NCTY would do well.
Next time you talk to NCTY management ask him about NCTY stock- do they care ect? I've sent 6 emails to the IR department with never a response.
I am in South-east Asia. It maybe my sever region but I met many players from Australia. And they paid sme money to buy in-game items.
Unless your in China that looks like big potential for the game- In the USA it has not been great for whatever reason? I don't see any traction in the USA- maybe NCTY doesn't care about USA market and more geared for Chinese market
the ceo and the board need to act like they care- you cant blame any shareholders for selling or doing anything-how about some updates-
Not sure if any of you guys remember Travelzoo stock (TZOO). Back then It was a travel deal offering via email subscriptions. So the shareholder of TZOO ,buy shares and refer the service to their friends . This made the share price skyrocketed back then if I remember correctly.
I think we can replicate the same effect to NCTY via Firefall
1. Play Firefall and spend real money into it. When you play , you should act like a mentor to new players. Make them like the game and spend money inside our game.
2. Help spreading Firefall to your friends via Facebook ,Twitter . Like/follow to Firefall's twitter/facebook account.
If we can create the viral loop between investment community and gaming community, that will have a big effect on share performance. What do you guys think ? I have played Firefall for more than 3 month and spent $60 to Firefall. This might sound weird but at this price I think we are at loss here. So we need to do something
Sentiment: Strong Buy
why the share price not rising up? I am quite worry the share price will move lower again.
hope your right- the last 7-8 news announcements I get from my stock screen is simply "new 52 week low" like today.