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Renren Inc. Message Board

  • stockplaza555 stockplaza555 Dec 12, 2011 11:31 PM Flag

    RENN's market cap $200 Million

    After backing out 1.2 Billion in cash, RENN is valued at a mere 200 million dollars.

    Just on the interest on 1.2 Billions alone, this company could make that 200 millions in a couple of years!!

    So, even without having a business, this company could distribute cash at its current stock price levels to all shareholders:)

    But wait - this company has

    140 million subs on RenRen - value $2 Billion plus
    Thriving Local Business Nuomi - value $300 million+ (compare to Groupon or LivingSocial)
    Games, Mobile and Video markets with mobile apps, games, and 56.com etc. - Another $200 million plus

    At the minimum this company should be valued at $4 Billion Plus or 3 times its current price.

    But in the short term wall street wants to dump this stock to $3 / share (cash value) and accumulate HUGE!!

    Looks like all big institutions wants to get the shares cheap and lock them away for few years with little to no downside risk and strong upside potential ...

    Wow - I am looking to load up boat (even more) at $3 cash value. Bring it on .. I love the Wall Street!!

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    • You sir are correct but paid bashers like Ralph and others would have you believe otherwise.

      To those I say we get it that RENN didn't trade good short term big deal. Neither did BIDU when it tanked to 5 dollars a share either and look at BIDU now at 750 a share. If you listen to these morons you will miss the boat and kick yourself for not doing your own research and investing advice!

      As a side note if RENN's advertising is growing 92 percent now year over year with 140 million users wait till RENN reaches 500+ million users. Im loading all I can now while it's still so cheap!

 
RENN
3.25-0.04(-1.22%)Aug 1 4:01 PMEDT

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