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Ku6 Media Co., Ltd. Message Board

  • robhenderson222 robhenderson222 Mar 8, 2012 3:59 PM Flag

    Communication pathetic...

    once again from a Chinese company. They just stood there at the CC and read the numbers out, then asked for questions multiple times and never received any. This was yet another opportunity to set out what this companies strategy is, give some forward guidance etc but absolutely nothing! In terms of the business model the figures are looking increasingly good but without a story and someone who knows how to tell it this stock is likely staying about where it is now for some time...

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • What did you expect ? KU6 simply uses the stockmarket for their own purposes. Since free stockholders are a minority they do whatever they want and they haven't got the faintest interest in informing publicity about their plans. IR is completely arrogant and doesn't answer any questions about strategy, aims or the deal with youtube.
      I assume they are working for taking the company private as it was done with Shanda and cash the profit themselves. Shanda owns the majority of shares. For us there will be see some crumbs if at all.

      • 1 Reply to tubbyy04
      • Taking KUTV private doesn't make sense to me. SNDA went private because it has too many investments which make compilation of financial statements and earning report complicated. SNDA is now trying to spin off its literature department and makes it IPO in US soon because Shanda Literature needs funding to grow. KUTV needs money to grow too and Shanda cannot supply that much money to KUTV. Therefore a second offering is the best way for KUTV to go and grow.

        In this case then what shall happen next ..... ?

0.802+0.002(+0.31%)Feb 12 3:59 PMEST