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Perfect World Co., Ltd. (PWRD) Message Board

  • joebigbuck joebigbuck Oct 28, 2013 9:48 AM Flag

    CYOU earnings bode well for PWRD....

    CYOU just reported and revenues were flat, and expected to be flat again next quarter. The reason is their main game TLBB is reaching a mature stage and is unable to carry the company on it's back anymore. Expenses for them also rose over 20% last quarter and will jump again this quarter (something PWRD went through last year). PWRD gave guidance of north of 10% sequential growth and after spending large sums of money on expenses the last two years (and their share price taking a hit because of it....just like CYOU is being hit with) that money spent is finally starting to pay off with new and better games starting to hit the market. PWRD released two solid games in the last 6 months and has at least one mega game in the pipeline coming out in the next quarter (DOTA2).

    Sentiment: Strong Buy

 
PWRD
19.28+0.01(+0.05%)Nov 21 4:00 PMEST

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