There was talk of a buyout of Zynga. Z's not looking so good. And why hasn't EA been bought out? They've been very successful. There is far greater risk with a game company then with Time/Warner. On the other hand, I think Glu is a well run company. I've liked each move they've made since I bought in back in 2011. Ideally, Glu could and is becoming a power house in gaming. If they continue they will become the company that buys other game makers.
Every 6 months or so these rumors come. No company is going to buy Glu. What guarantee is there they will always make money-maker games. It is better for Apple, or Google, or FB to offer platforms for game makers to use. If a game makes money so do the platforms. If the game does not make money there is no loss.
And Kim's book is do out. What? 365 pages??? One page for each day of the year. And it will have lots of selfie photos. Glu hit gold with KKH!
First, Sierra World Equity doesn't have a good track record. Second, de Masi said he would want at least $12.50 for Glu's original investors. And that was a couple of years back. Given Glu's growth it is possible the stock good see $20...$25 in a year and a half. And last, a game company is only as good as its last hit. That's why EA has never been bought out, even though the make great games. And look at COOL with Zumba. No other hits, no more value.
Over the past few years Glu has made well thought out, strategic moves. It has kept its overhead under control, has invested in companies like Killz and Bee Cave, touched upon, successfully, RMG in the UK, continues to produce successful games, and have made their platform accessible to startups, which they (Glu) take a cut of the profits. And not to be overlooked, Glu was mobile before mobile was cool. Glu is a company with a solid foundation, and in the future will be the leader to all other mobile companies. Rose tinted glasses perhaps, but each quarter over the last 18 quarters Glu has improved. Hard for other companies to make that claim. My only question: How will Glu diversify? Will they only focus on mobile games like EA did with counsel games? How involved will Glu get in online gambling? What other direction might they go?
King's lockup expires in September. Many insiders will sell driving down the price. And King just doesn't have too many games that can stay in the top ten. BTW, is Farm Heroes a shot at Farmville, or an attempt to cash in on Farmville? Zynga will do fine down the road. I'm looking to spring 2015.
Dang! And my bull mastiff, trained to protect me and is always in my car, will not allow 20-something girls into my car. Only 50-somethings gals needing a ride to K-mart for the blue light special.
Oh, sfj, how disappointing for you to use the same noun "platitude" as you did with your criticism of my last post. I even tried to guide you to alternatives by referring to your snarky post as "banality." Perhaps a thesaurus??? Or, perhaps you are obsequious. So, allow me to address this post of yours so we may both move on.
You take issue with my expression of opinion. "Platitude" refers to cliché, over used statements. And, although I go on to explain my opinions you find fault. Oddly, the original post I responded to is 3 lines, at best, of gleeful or wishful wants. In fact, all the posts here are opinions with light, if any, depth. So, I must conclude, it's not platitudes you have a complaint about. It is me your grievance is directed at. No matter what I post you will find fault with it.
Reading through your other posts I find you are mostly a wannabe bully. Belittling others whether they concur with you or not. I read posts to better understand the companies I am invested in, and to share my thoughts with others. You could easily place me on "ignore" but you don't. You choose to bully. I don't know if your mother never loved you, or your father always put you down. But you have ended up as damaged goods. Change your ways, sfj. Let the bully part go. Life will be so much better for you. Meanwhile, I will place you on ignore so you may slam me all you want. I simply have no time for children.
I think Z has promise. It is doing what it has to for improving. I will admit the cc went as I anticipated, but in my heart I secretly hoped for some stellar disclosure. I think by spring Z will be capitalizing on its new games and witnessing a steady increase in price. But it is a long way from today to spring. I believe with the next cc Glu will have better numbers to report. I also believe between now and October 1 Glu will have a greater percentage increase in stock value. (Yes, this is opinion. Next week, next month, I may reconsider.) For now, if investing in mobile game stock Glu is the better play.
Gosh, worry, haven't been around today to follow the posts here, so I'm not sure what it is you're conveying. But what does you being a "grahmer" (A person who chews up grahm crackers and spits them on their knuckles to do weird things. Just check Urban Dictionary.) have to do with investing??!! I fear you may have posted on the wrong board. Perhaps a more "blue" context board would meet your needs.
Aaah, gold...how some of your posts make me smile. I don't always agree with you, but I do like the style in your posts. Thanks.
It would be extremely difficult to buyout a company that has over a billion in the bank. perhaps a merger, but I don't see a buyout. So, with no buyout or merger then taking it private. This I need a little help understanding. What would the benefit be for taking it private? It would take a substantial amount of coin. Add to that the long drawn out legal battles and class action suits. Unless you an persuade me to think otherwise, I don't see it going private. thanks.
Oddly, back in June I commented on how well the people on this board expressed themselves. Few smack talkers and plenty of opinions, ideas and even facts were conveyed. A week before earnings and the children showed up.
Karen is trying to make a point and the children belittle it. Soon enough the children will drift on to another board. Those that remain will be put on "ignore." The rest of us will express our stand with Glu, whether pro or con, in a respectful manner. Those of you who are understanding what I and Karen and others are getting at should start using the "ignore" option now. Do not respond to any child. I simply don't care what they have to offer, or how many aliases they need to create. Let's just get on with the business of investing.
On July 31, 2014 money/cnn ran a story of the $700K. Author was Kate Lobosco. Title was "Kim Kardashian's game makes $700,000 a day."