Since KZ is not a "leader", the market, or other sexy stock, will likely dictate or severely influence KZ share prices.
KZ has rewarded investors a 13% dividend AND KZ share price has recovered to dividend disbursement prices.
Cool with that. Lowered my entry price some more!
Is this the sign of more positive trend? Stay tune
I agree with NATO, don't know and no complaints.
If it is a start of attend, even better. Nice special divi and capital gains to boot.
Sounds about right. Investors like confidence and positive news. KZ is showing confidence and as long as money (dividends!) continues being paid AND earnings increase the bottom line, more greedy investors will take notice.
Really? That's positive. Shows someone (company) has $6mill. confidence in KZ. As of today, this translates into approx. $400k in 3 weeks.
Now any idea how well Wargaming does in their investment acumen? I need to research Wargaming in my next round. Never ending tasks to follow up on leads, big and small.
Yea, you're just asking that question, now? It is only 6 months late! :)
Dunno, except....guessing the drop correlated with the overall mrkt mini correction in the small caps; KZ's flu has lingered.
Another more likely reason was KZ's actual and forecasted EPS went down in April 2014. Up until April their EPS were going up with every qtr.
All is not lost, as the EPS may have gone down because of final expense related to the new games rollout. IF the new games are successful and catches on with the consumers, profit should be rolling back to the bottom line..
Also, perhaps, KZ's board is trying to make that statement of confidence by declaring a special dividend. In other words, KZ "knows" consumers likes their new game launches, they will be buying, therefore there is sufficient capital to distribute to the investors and still continue running the business.
It is all a guess!
@Scott, there is a reason for "dropping". Five days earlier to your post, KZ announced a .88/ADR dividend "the Company's ADS program, expects to pay out dividend to ADS holders on or around November 10, 2014. Dividends to be paid to the Company's ADS holders through the depositary bank will be subject to the terms of the deposit agreement, including the fees and expenses payable thereunder."
Since there is no exciting news on new earnings/revenue, it is not unusual for a company share price going down proportionate to the divi payout.
So, how does NTP substain itself? There's no manufacturing business/revenue source coming in, is there?
NTP sounds more like dead money, until 2yrs out---if everything pans out as planned???
Wish you were right about someone wanting to acquire KZ, but, being a realist, it isn’t going to happen anytime soon.
In addressing your points:
• Yes, KZ is in a solid financial position with reasonable debt levels and can easily weather short-term cash needs. However, saying KZ is wealthy is bending the truth in context of an ongoing business concern.
• Yes, KZ is publishing great games and it appears they have a loyal following. However, KZ is still in the minor leagues due to lack of a portfolio of blockbusters before being noticed for M&A talks.
I am sure that KZ management wish they knew the catalyst for share price increases too. For the foreseeable, KZ is small potatoes open to a bit of stock manipulation by the market makers.
Is there a conspiracy to make KZ go down? Possible, but, not for the long run. Yes, today's action is bigger than average, HOWEVER;
Have you consider other mitigating factors, such as:
• KZ is actively seeking to buy cheaper shares in the open market; even ddShort says KZ has 3million more shares to go. KZ is more likely a value investor type;
• Volatility: KZ 50 dma % change is approx. 13%, while the market (even some of the best of the best top line blue chips) has gone down 10-18%;
Do I like this volatility? No, but, neither am I worried for the long term.
Thank you for the info. I wasn't sure if NTP had ongoing rental revenue. I thought it strange, but, everything I've read indicated they were only developing the parcels of land without other sources of income.
KZ has experienced a powerful bounce higher because the sellers have become exhausted.
Regardless of the reason behind it, when a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits. If you time your trade correctly, combining technical indicators with fundamental trends, discipline and sound money management, you will be well on your way to investment success.
What does this mean to Short sellers? Simply decreased profits from a very profitable trade to a mediocre trade.