It's a grant , not a buy. Zero cost to don
However it may signify the bottom of pps ,also the first half was vested backdated to 2013 .
on serious note, Z has multiple genre vs one of king and they are going to add more and they have just started on mobile with Fvce and HIR and all future games are on mobile. so they are only going to grow from strength to strength on mobile
once Z starts executing accross multiple genre simultaneously, other companies will be no match. only company which comes close is supercell
they have started promoting on web, mobile, tv from last week - first for zynga. lets see if it help jump on ranking
Not really so negative the way you project, if it's a 3 horse race between king, z and supercell for top3 in mobile , this is definately a good begning . Z has started from nowhere to beat supercell and there future games are all on mobile . So expect in 2-3 q it will close down on #1 in mobile. Don't ignore facts ,eve if you hate the stock.
I am just curious if NM games were included , if not the gap between king and z will be even narrower .
Well , that's true with any company with one large shareholder/vote holder. Important point is A class share now control 40+% (1800 mill) of votes of total Out of which 60% (1000 mill ) is still not allocated (float is only 700 mill)
So closes to total 25 % of overall votes and 60 + % share is up for grab. Any investor would be interested in gaining upto 25 % of voting rights .
I see to the reason behind the conversion. I have explained the math above. Strategic investment into z and by z in other companies very real possibility
nops, pincus doest control the majority .here is the breakdown 1800 mill A shares , votes= 1800 mill, 200 mill shares, votes = 200*7 = 1400 mill. 20 mill C shares , votes =20*70 1400 mill.
total votes 4600 mill, even if pincus has all C shares he does't control the majority. he has already converted his B shares so no more votes there . to control he needs 2400 mill + 1 votes, way far behind .
thats beside the point, doubt pincus has any major say in future of company.
main point is minority stakes is up for grab , was the reason for B to a conversion and also not filling the two seats. they wont sell 700 mill to one person, but i do so 5-10% stake taking hapenning.
how about getting a major partner onboard with % stake . its going to happen , wait for who gets on those 2 board seats, possibly will happen together
why will Z go in to USA online RMG when its not even legal in major state. in NJ online RMG is hardly making money.
DM was very categorical unless there is a substantial RMG opportunity(read : market with critical mass) he wont announce anything on RMG. they have't withdrawn on RMG , infact they are improving and expanding the UK rmg app.
that critcal market opportunity will be possibly California legalization. untill then no RMG in US for Z
U need serious education, July 27th is to submit plan and year end to execute he plan of filling the seats.
Znga looking at big hitters to fill the seats not dumb like you. They are taking time and there is noting wrong in it
Regarding market, it's the big guys who own 68% of the float and they are adding more everyday .so much for uncertainty !
Stop posting garbage big guys know it's not a big deal, u just cheat the retail out of there stocks .
It's just a paperwork . They are taking time to select right and connected directors. If they had to just fill in the seats they would have got anyone .
have you even read his pay package ? options/RSU's will make money only if stock goes up and 400 % performance bonus is tied to company attaining profitability. else his salary is $1 mill/year .
if he turns around the company and stock reaches atleast IPO price, i as long time shareholer wont mind is pay package.
i am shareholder and have no issue with the package because its tied to company turning around .
Are you even a shareholder or sharing free opinions ?
missing the point , Z is disrutpting the traditional gaming market . they first ignore it, then compete and then loose. free play on mobile is future