they should sell the game business to QIHU for 150million in cash- The ceo then should buy funbox-IPTV for third party appraised price of say 50million-75million which would give you around 7-10$ price for stock that is 2$ for years-deal would get done in a minute-Everybody would be happy.
I also think ZHU wants the stock to stay low so he can come with a low ball offer to take it private and put everybody out of misery-imo- The lower the stock goes the better for him. where are the numbers?
also been playing it or hoping he took it private at 3.75-4$ ? That's still my play on it or hope.
yes--Firefall has not done well in the USA release-Steam charts- that's why we are at all time low. So its hard to argue it will be blockbuster hit in China?
The stock is saying investors think Firefall will not do well in China like in the USA launch-Funbox is a 18months away of showing upside value.
so who cares-ha- tell ZHU how abut release numbers and stop acting like a complete fool-ie see stock price
with gross margins at maybe all time high this company is poised to really explode in net income but as usual they have been fighting their expense controls. Gross margins expansion added 500k but expenses increased 600k too offset this. Their expense controls have been awful for years-you get the feeling their so old they do everything on a scratch paper verse using state of the art technology to leverage their expense controls. They probably need an to a new CFO who is experienced in cost control and management in which this could add 10cents per quarter easily.
too much layers of expense at the management and board level-1, should spin off DSI in the Israel market as separate company. Should sell the other divisions to companies-venture capital and delist to the grey markets and see what happens and fire everybody at management and board level-If they sold 60% USSI to somebody who infused huge amount of cash ACFN shareholders would still hold 40% that could pay in the future and same with other companies. Now ACFN is just diluting its stake in these companies by doing these pipe deals which looks it just protects the cost structure of the company which is the problem.
Company should be divested or sold soon to max shareholder value. The company's both big partners are worth 10bill each so it would be chump change and they would prefer control. QIHU I believe would rather own firefall -games outright instead of partnering with a tiny #$%$ company. If you look at the firefall deal already structure in place selling it for total net to NCTY 150mill-200mill. If you look at ZTE Funbox based on 2-3 million sold next year NCTY 30% stake around 40-60mill value. So you got a 2$ stock of 50million value where you could liquidate for 200mill or 10$-Need activist Chinese hedge fund to push this