The problem with Funbox is not revenue but the margins on it or I think they need high level revenue to generate any major profits Or if ncty share generates 150mill on funbox what will be the profit? That's why at this point I think the market could care less about funbox unless you start getting major scale. The games are where they have massive operating leverage on margins if the games sell.
Thx-Then we will be in great shape. Just being very conservative with numbers.
Same time about - gradually-cost is 2.62$- Hope your right-ha. Thanks for all the information-not an expert on the industry but i like the structure of the investment- Bust phase-Insider Buying-ownership- frustrated shareholders-huge investment in products-release of products-------reward?
for instance- I own JRJC big and sold it - NCTY reminds me of it slightly-JRJC spend about 50million changing their business model and investing in a new one- Their revenue bottomed about 3 quarters ago at about 5million per quarter than with the new product we saw a ramp from 5-13-25 million in revenue per quarter and stock exploded from say 2-8$-JRJC ceo also bought 20million of the stock. NCTY is simliliar as they have spend probably 100million plus developing these games and the big ramp will be next year-So hoping NCTY ramps from say 20million to 75million plus next year or higher.
Why don't they ever come out with a press release about anything? not shareholder friendly at all? you talk to them what do they day? i've send 5 emails with never a response? i own lot more than you.
Thx- Mr Zhu is a #$%$ is my only concern. In that way i think his ultimate goal is try to take NCTY private at 4$ so he purposely is not shareholder friendly- He's been trying take it private for years but couldnt get the financing because the games weren't ready . The lower he can keep the stock down the better chance he has-Just like the gaming companies that have gone private. His goal is to take NCTY private and steal it.
thanks for the reply- It looks great- The market is so small that if i25% of what you say stock is a home run.
I wished they would sell their real estate in a lease back deal because that would free maybe 50 million and just sign a 10 year lease back because their real estate is worth almost their market cap at this point and that money would go to better use, more leverage in deals, investors would love it. thx
thx for the reply- I believe QIHU has 450million registered users so it looks great-When do you think its released in China and what terms. thx again.
the review I read on their website are okay but their seems to be a lot of bugs that are annoying people? Does the company going to update the game to get rid of the bugs ect? thx
Not expert in this sector- in a month or 2? Also, didnt they have license deal with Russia is that on ?
How about europe and Brazil ect- looking for partners or go it alone? Thx- strange we havent heard one thing about 2 games being sold announced in april?
The License and distribution agreement will be signed seperately so hopefully we hear about that soon- You got think its a HUGE deal because the other large company who invested in firefall at 100million value I believe had a right to match any offers plus the rumor NTES was involved it looks to me created a bidding war which QIHU won but NCTY it looks got huge deal-
They were in talks too sell 2 games for 30million? Plus hopefully they could large amount of cash upfront for any licensing deals
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