I think we haven't heard because Apple isn't using their technology; probably because water damage ruins a lot of phones and Apple gets a steady stream of revenue from replacements. I talked to someone this weekend who worked in a lab with treated products and he claimed to cost to treat during production was around 15 cents (not sure if I believe that or not), but companies like Apple don't use the tech because replacements add to sales... FYI, HzO's web site now brags about over a million products being treated in the last year and continuing addition of new customers. They are going to be fine with or without Apple. It's just Apple tends to be a very good win for their suppliers.
Could someone buy it on the cheap just to get hold of their Alibaba shares?
With the current pricing range the valuation of Alibaba should come in around $165 Billion.
The press is saying Yahoo owns a 24% stake in Alibaba which should be valued at (0.24 * $165B) which equates to $39.6B… Hence at the expected valuation of Alibaba the rest of Yahoo is valued at approximately $2.73B (Current Mkt Cap – Yahoo’s stake in Alibaba).
IMHO, Yahoo is highly undervalued at $2.73B so Alibaba should consider buying Yahoo for two to three times that… Think about it, the current valuation of everything Yahoo (minus Alibaba) is less than three billion. Companies like Google eat small companies like that for lunch.
FYI, I am a buyer at these levels and why not? The demand for everything Alibaba isn't about to go down between now and the IPO
Sentiment: Strong Buy
Why are they the ones that never seem to do much?
It’s interesting that some of the most boring companies trade around three dollars. Sprott was brought to my attention because they have significant investment in land and land almost always pays off in the long run, but they've been stuck near or at $3 for a fairly long time now.
For those who like investing in three dollar stocks and don’t might a bit of speculation then I’d suggest you take a look at Tiny; otherwise known as Harris & Harris. They invest like a venture capital company which indirectly give investors the opportunity to participate in several pre IPO companies. If you have ever watched a set of pre IPO companies you notice that lots of them don't make it but the ones that do can create very big returns for their investors. Tiny hasn't exactly been rewarding its shareholders but IMHO that could change over the next few years and when it does their investors should be handsomely rewarded.
If you are or have considered diversifying into other three dollar stocks then I highly recommend a visit to Tiny’s website at hhvc and reviewing their investment focus, current portfolio and blog. Their 15% investment in HzO (waterproof nano technology) is what really got me interested, but they have many interesting investments.
FYI, some of Tiny's long term investors have given up or talk like they have. Personally I've found that the point when I’m ready to give up on something is often the point when the best opportunities exist.
Sorry for rambling on about another company. I really like Sprott and will continue to hold them as a long term investment in both mine and my son’s college portfolios (one he won't need for several years) but I like diversifying and feel Tiny is a good match.
Good luck - bp
I guess that I'm the blind leading the blind so give this a try: Pull up the chart for the last thirty days and explain the 13.33% increase in share price. Ahhhhh, hmmmmm, that chart shows more strength than usual; in fact, it shows a slowly improving share price.
You may not realize it but their 15% ownership in HzO could turn into a very big deal. There are a lot of things in this world that can benefit from being waterproof. Everything from small medical devices that go into your body to better weapons for the military... Cameras, Clothing, Tents, Watches... Everything created for the internet of everything and much much more. The fact that HzO's customer base has started to take off in the last year is a very very good thing; especially for 15% owners. I imagine that we'll see them IPO in the next few years and that will be good for Harris investors.
HzO is one example of a smart investment that has great long term potential. If they ink a deal with Apple (and who knows they might have already) then we'll see interest in their technology grow exponentially.
This is one example of the Harris Group making intelligent investments for the sake of their investors. Investments that you and I can't make on our own because we don't have access.
Sentiment: Strong Buy
More strength lately?
1) Harris & Harris Group Portfolio Company Enumeral Biomedical Completes Equity Offering and Public Listing
2) Harris & Harris Group Invests in UberSeq, Inc... Which is a translational genomics company that originated from Stanford University.
3) Harris & Harris Group Invests in Unique NYC Biotech Accelerator... Which is an investment vehicle for emerging biotechnology companies, into New York City.
4) Harris & Harris Group invests more in D-Wave Systems... A company that is making great progress towards building a quantum computer.
5) Harris & Harris Group increased its investment in HzO to 15%... A company that makes nano technology that can waterproof just about anything from watercolors on paper to high tech electronics.
6) Harris & Harris Group increased its investment in Enumeral Transitions to 15% and Enumeral is now a publicly traded company... Enumeral is focused on using its proprietary drug discovery platform to identify and elucidate antibodies and antigens that are believed to be relevant to diseases that affect millions of individuals and are underserved by current therapeutic alternatives.
I'm guessing that all of the above have helped create the recent 10% run but I see and infinite amount of potential in some of the above investments; especially 4, 5 and 6.
Ah, hmm the $10.90 that I referred to in my prior post was per share of GameLoft and not per adr. If you look at the European ticker for GameLoft you’ll find that the twelve month high was 8.42 euros which (at today’s exchange rate) equals around $10.91. The adr associated with this company actually includes 4 European shares of GameLoft per adr; hence the twelve month high here was at least $43.64. I say “at least” because the euro is relatively soft right now so 8.42 euros was probably closer to $11 (or more) back when GameLoft was trading significantly higher.
The reason I keep referencing the twelve month high is because GameLoft has a lot more going on right now than usual (at least as far as I can tell). They have released multiple blockbuster titles, they have converted several of their titles (both old and new) to multiple platforms and they still have a few titles preparing for release. IMHO, the next several quarters should be very good for GameLoft and that should be very good for shareholders (*)
* Unless some of their new titles fall flat or the company over does it with too many employee share compensation packages. The overly generous company can destroy value for everyone by awarding too many shares to its employees. I've seen this time and time again when various management teams diluted the heck out of earnings and caused the market to sour against their stocks. It’s much better to be a bit more conservative with share allocations and let the market reward employees via a much greater share price. Mistakes of overcompensation via shares can start to compound themselves once top employees start to leave because their share prices is doing nothing for them. BTW, I still believe that the share price would double overnight if GameLoft were to list directly on the NASDAQ... Take a look at iDreamSky for an example of where this stock could head if listed on the NASDAQ $$$$$
IMHO, this is the sort of company that Apple ought to buy. They have a ton of money sitting in accounts over in Europe and they could easily purchase GameLoft using a tiny bit of those funds. If you look at other gaming companies at the same level they pretty much all trade at premiums to GameLoft. I believe it’s undervalued because it is tied too closely to the euro. If one purchased GameLoft they’d get a relatively large library of games along with a nice little horde of cash (around $60Mil after debt).
Another company that could benefit from owning a game software company (that runs on multiple platforms) is Amazon. GameLoft has ported several of their games to multiple platforms including a few that are specific to Amazon.
The stored potential for this company is big, yet the long term value is much bigger should the euro start to strengthen or the European investors wake up to the potential they have here.
The twelve week high here was around $10.90 which is about 65% higher than today’s price, yet the majority of their top products and several platform conversions were just released this quarter. The company has multiple new avenues for revenue yet the price action here looks broken.
When there’s a complete disconnect between the market and the investment community then it is possible for savvy investors to find bargains.
I believe that GameLoft is one of the few gems that shouldn't be overlooked.
Of course, I'm putting my money where my mouth is; if GameLoft pulls back next week heading into the new iPhone presentation then I'll be the one backing up the truck on Monday because I highly suspect that GameLoft games will look and run great on Apple new iPhone.
Hi dagiw, it has been interesting to see a short openly talk about his trades and even give warning when they are happening. Personally I have admiration for you and your desire to continue even in spite of the number of insiders who have tripled down and the industry heavy weight (Jack) who loaded up like he's done lots of homework and sees enormous potential. I see that your recent short was much smaller than prior ones (good move) and that you rolled up some and added more at $0.85 (hmm)... I've also seen you mention before that you use stops to avoid significant loss (just in case it runs). I'm now curious, did you hit a stop on the recent investment or are you holding tight? The interesting thing about a long position is that it can go up an unlimited amount but the downside is only $1 whereas the interesting thing about your recent short position is that it can only go up by at most $0.85 whereas the downside is unlimited (at least as far as your broker will let it go)... This begs the question: at what point will your broker require you to cover a short position? When it's down 10%, 25%, 50%, 100% or will they wait until it gets close to the value of your portfolio?
Here is an exercise for anyone investing $22 right now in iDreamsky… Go to their website, press the button for English, then try to determine why they have nearly a billion dollar valuation. Next go to the website for GameLoft (one of iDreamsky’s partners) and try to determine if they should have an equal valuation or more. Then lookup GameLoft’s American Adrs; their volume is near zero but if you place an offer anywhere close to their European list price then it should go through… Long term both companies should do very well but right now I believe that one is slightly overvalued and that one is extremely undervalued. Perhaps you can guess which one…
It is rare that you find a gaming company with solid earnings, growth, profitability, lots of new product releases, platform expansion and little or more analyst coverage. It is also rare to find a gaming company that releases one of the world’s top new multiplayer games then the market takes their price down? IMHO, the recent drop with their share price (nearly 50% below the 12mo high) has more to do with the market they are listed on and less to do with their product and day to day business.
GameLoft is based in Paris but they have offices here in New York and New Orleans. If a company based in China (iDreamSky has very few products) can list here and receive a nearly billion dollar valuation then imagine what a solid company like GameLoft could achieve simply by listing on an American exchange?
IMHO, if GameLoft listed here they would become the talk of the town, analysts would start covering them and the press would say enough that many new gamers would be drawn to their product, AND by the way they have a very nice library of extremely high quality product that play well on almost every handheld device and are now expanding to the PC community.
I believe that GameLoft is one of those rare gems that few investors ever fund until it is too late. Their current valuation makes them an acquisition target for all of the big boys… Activision, Electronic Arts, Apple, Microsoft, Amazon, Google and perhaps even Facebook. As a shareholder I wouldn’t give up my shares for anything less than 3x the current valuation; unfortunately, I’m not a big enough own to ensure that sort of deal. Personally, I wish they would list on the NASDAQ because then we’d probably see at least a double along with the liquidity to buy or sell shares as one pleases. The current ADRs are a nice way for a few of us to get in before the rest but the volume and coverage isn’t enough to make it easy.
Here's to new high's in the next year!!!
May all your dreams come true...
I see that a relative small (a few hundred employees) company that is based in China decided to list here and the press can't say enough go things about iDreamSky... By the way, they happen to be a partner with GameLoft and their may function is to convert popular video games for the Chinese market (assuming they can get the creators to share their source code)... Folks are so excited about the prospects of iDreamSky that they have given it market valuation of around $925Mil which is approximately 76% higher than GameLoft's valuation... IMHO, that's not bad for a company with only a few hundred employees and very little original content of their own... Anyone here have any idea how many games GameLoft has, and on how many platforms and in how many languages? Personally I think that someday they will have created nearly as much value as iDreamSky has, but suspect that they will have to list here to do it... The European market just doesn't give enough respect to game companies that get much of their business from overseas (places like North and South America, DOH!!!)
Anyone here know why GameLoft is dropping so much?
I can think of one and only one answer… No one in America trades their stock! Most days the volume is near zero due to the lack of a true NASDAQ listing; that keeps the investment community from talking about the company. If they had a NASDAQ listing then CNBC and other news services would probably talk up several of the above events. Simply making American investors aware of their company would make many new customers aware and that would lead to greater product sales.
IMHO, everything should be going in their favor: They have teamed up with Marvel for a variety of games, they have ported a variety of games to YunOS, they have released a number of new games to Windows (both phone & pc), they have released Modern Combat 5 on several major platforms (already in the top five of Apple’s store), they have updated Minion Rush (one of their more successful games), they have ported many of their games to Android, they are optimizing several of their games for ZTE 9, and they had fairly decent earnings.
I’m guessing that the CEO of the company doesn’t want to succeed by going international. His products already sell international so that should be enough, right? WRONG! Almost no one in the Americas talk about his company and that keeps it from getting the free publicity that could take it to much higher levels. It’s experiencing a fire sale because of volatility in Europe and the surrounding areas but where do most of their product sales come from? I’m guessing America yet most American investors have not heard of the company.
GameLoft, volatility is thy middle name…
Sentiment: Strong Buy
Okay, this release is going to be much bigger than I expected... iOS, Android and now Windows!!!
IMHO, this little tiny gaming company is teaming with a lot of big boys and it's only a matter of time before one of them buys them out... Partnering with Disney / Marvel on several projects... Now partnering with Microsoft... They've been releasing products for iOS for years and Android for nearly as long.
If NEST (maker of thermostats and smoke alarms) can be bought out for $19Bil then a company that makes dozens of great games for multiple platforms has to have a bit more value than $0.67Bil
The Americas don't really talk much about GameLoft but that would quickly change if they were bought out by one of the big ones (Disney, Microsoft, Google, Apple, Amazon, Activision, Electronic Arts, Etc.) or if they moved their stock to the NASDAQ.
I'm buying and holding in expectation of the day when GameLoft goes from being a little know game manufacturer to one of the greats.
Sentiment: Strong Buy
leedow, I highly suggest you try Googling for: independence contract drilling ipo
These things take time but it is clearly in the works
Most of their games were written for either the iPad or iPhone and later ported to other platforms. I highly doubt that there's a lot of old world software there. They seem to be pretty good and fast at building new games; not the sort of PC gibberish that you're describing.
I mention them because they have very solid earnings for a company that few have heard of and because Apple has a ton of cashing sitting idle in Europe. I could see building from scratch if you thought you could do better, but that's a pretty big if. Take a look at GameLoft's website, try a few of they free-mium games (games you get free now but pay more later to unlock features) and then tell me it's not a good idea. I'd also suggest taking a look at their last earnings statement; GameLoft doesn't need a company like Apple, yet IMHO they could become a whole heck of a lot bigger simply by joining Apple and letting the Apple marketing machine include some of their games in their advertising. FYI, some of the newer games are multi player (over the net) and not just in the iPad to iPad sense.
GameLoft is a well-run European gaming company with ties to Disney for several of their Marvel games. This is a company that does little to no advertising yet their products are doing fairly well in all of the various app stores. IMHO, if someone big were to buy them then the publicity alone would make their portfolio of products a lot more valuable (attracting many new customers). The company currently has an ADR but the volume is near zero so it’s pretty clear that few investors know about them. IMHO, Apple has a unique opportunity to use their European War chest and pick up a fantastic company… BTW, they might also be a good fit for an entertainment company like Disney, a content company like Amazon or another gaming company like Activision. The only reason I think they might be a good investment for Apple is because they have a huge European War chest and I believe GameLoft is a great long term investment… Just not a great one for American investors because its ADRs are a joke (little or no volume).
Oops, typo... "Apple has tons of money in European banks just waiting to be put to use... If Google could pay 19-Billion-USD for a one-hit-wonder like Nest then perhaps Apple should consider buying up Nest for one or two billion. "
That should read: "Perhaps Apple should consider buying up GameLoft for one or two billion"
GoPro went public a few days ago and it has already doubled from the IPO price.
A few minutes ago one of the talking heads on CNBC claimed it was because: "We raised awareness of the product and that's going to help sales"
GameLoft creates some of the best games available for iPhones, iPads, Android Devices, Amazon FireTV and for many many more products... BUT! In a sea of hundreds of thousands of app, No One is helping to market GameLoft apps.
This is why some company like Google, Apple, Amazon, Activision, Disney, etc... Should buy GameLoft and turn it into a blockbuster company. The company is little known here in America but the minute someone tries to buy them, or the minute their consider an official listing on the NASDAQ... Then they will become the name that many talk about and lots of new customers will flood in to try their apps.
Apple has tons of money in European banks just waiting to be put to use... If Google could pay 19-Billion-USD for a one-hit-wonder like Nest then perhaps Apple should consider buying up Nest for one or two billion.
Tis something to think about...
Sentiment: Strong Buy
I'm still hoping that someday they will allow this one to trade on the NASDAQ. The low volume / low attention they get in Europe certainly keeps the price relatively stable but this company still trades like a company stuck in the mud and unable to get out. Adding them to the NASDAQ would cause lots of talking heads to give them free press. In turn that would draw both new investors and new customers to the company. IMHO, it would be a win win for the company... FYI, I'm still a buyer here and consider this to be a great long term investment; in spite of the extremely low volume for their ADR.
Sentiment: Strong Buy
Too much cash held overseas? Why not go on a shopping spree?
GameLoft appears to be a good candidate as they makes many games sold in the app store and are fairly profitable.
Food for thought...