okay done. You are right. Smells much better than NQ. Thanks for proving my point.
NQ Mobile announced they are selling two of their subsidiaries on Wednesday along with earnings.
The $80 million sale of NationSky is only a fraction of the $500 million valuation NQ placed on this subsidiary last year.
The announced $626 million minimum sale price of FL Mobile seems highly overpriced when compared to a completed and pending buyout offer for competitors.
If NQ Mobile could actually somehow sell FL Mobile at a massive premium compared to CMGE and iDreamSky then that would obviously be great for shareholders. However is this ends up like the $500 million valuation for NationSky which is now up being sold for $80 million a year later, then NQ Mobile would be pulling the same trick twice.
While this string of posts is way OT, I will put in my two cents. Asians usually have a lighter scent
because of the lack of meat in their diets. For some reason Chinese girls are known for getting very wet.
No to get back on topic, I think you have to start looking to get into BOX, forgive the pun, at these prices.