% | $
Quotes you view appear here for quick access.

CDC Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • shortthis2003 shortthis2003 Aug 6, 2003 11:47 AM Flag

    4.1 mil profit - local donut shop makes

    i'm baffled...if china posted a loss, why should they be worth the same as Sina, Sohu or Ntes?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • you said, "i'm baffled...if china posted a loss (last Q), why should they be worth the same as Sina, Sohu or Ntes?"

      -growth potential via profitable acquisitions w/in the current growth capital of the world. Loss was past. No one invests in past.

      • 1 Reply to scottchu1
      • 1) china still loss money from operations this quarter (look at the statement).
        3) back out interest income and other gains, they loss more from operations.
        3) even if you take bottom line net income of $4m, it's still less than half of ntes at 9.2m. Sina is at 7.1m. so why the similar mkt cap?
        4) china can acquire going foward, but so can ntes, sohu and sina, which can better leverage off the assets given their substantially larger user base. china not even in top 10 portal space
        5) acquistion prices will bid up as everyone is cashed up and looking for a shrinking supply of good deals. good deals won't come cheap.
        6) acquisitions should be partly priced in for all china internet plays. what are they all gonna do with their cash? labour is's pretty obvious...