Just sayin' .....
so AliPay valued at $60Bn! What is AliPay going to do with $4Bn I wonder .....
I am a big fan of the CEO, CFO and the company as a whole as all know. There are many, many micro /small cap companies doing (very) well that are not recognized by Wall St. In Remark's case there is not enough visibility re Kankan & Alibaba partnership. There is little appreciation of VDC. To say though it is because the CEO is Asian is ridiculous. CEO enjoys a great reputation in the world of big players in finance and technology. Our time will come. I have zero doubt.
Very much doubt this is a raise to fund kankan. Kankan Dat Intelligence Platform 1.0 and Kankan 2.0 app already shipping. To Tinamw13's point Remark already has the ability to add 30 million shares.
I too suspect there is something going. May be (1) Alibaba wants to invest in MARK (2) Some other tech company wants to invest in MARK (3) company needs more share for an acquisition (4) maybe other reasons
Hi Visualize ... do you believe that Alibaba would provide their data to Remark Media without very senior exec approval from Alibaba? Do you think Remark Media would do this deal without its CEO driving this directly with Alibaba ?
IMO it is impossible for this deal to have been done without direct support and approval from very senior execs from both companies. Like you, I am amazed there is no appreciation in the stock care of this Alibaba deal.
It will come.
MARK is now a ~ $50M revenue company
MARK is now rapidly improving VDC execution, top line revenue and cost mgt
MARK owns 5% of Sharecare - Sharecare value in excess of $1Bn
and of all the biggest cron jewel is Kankan Data Intelligence platform. Just launched. First deal with Oreo Cookies into China as an example of things to come.
And of course we have the AMRK Alibaba joint partnership with MARK personnel based in Alibaba HQ office
Sure the SP should be $15 to $20. We are, IMO, not far way from realization of this.
I know it's frustrating. I share that feeling.
We have way more strategic stuff going for MARK than ever before.
Frankly I have been buying more down here.
You are kidding right? JF said (1) MARK would be BK many times (2) MARK SP would be heading below $2 (3) Kankan is one of a million apps - no chance of success (4) plus so much more. JF was wrong on just about all and certainly does not look smart IMO
anybody see this? "Mondelez leans on Alibaba for e-commerce push in China" in Fortune mag.
This is clearly a Kankan deal. Lots more to come I am sure !!!!
lots to look forward to - not least of which is Q1 earnings. About a month away now? Kankan deals also ???
Ashford now owns 1.92 million MARK shares. Ashford had lots before, why are they buying more. As the adage goes, lots of reasons to sell but only one reason to buy .....