I was looking at the RSI chart and on August 5 GLUU closed @4.50 the RSI was 19 the lowest point in a year, today after the stock closed @4.04, the RSI was 36.50, not a bad sign.
Return on Assets 15.3% - Positive
Cash Flow Return On Assets (CFROA) $1.07 billion - Positive
Change in Return On Assets 15.3% (this year) vs 0.15% (last year) - Positive
Quality of Earnings (Accrual) CFROA: $1.07 billion vs ROA: $875 million - Positive
Change in Gearing or Leverage 0.00 (this year) vs 0.11 (last year) - Positive
Change in Working Capital (Liquidity) 1.354 (this year) vs 1.312 (last year) - Positive
Change in Shares Issue 334 (this year) vs 343 (last year) - Positive
Change in Gross Margin 68.35% (this year) vs 62.32% (last year) - Positive
Change in Asset Turnover 0.7899 (this year) vs 0.57051 (last year) - Positive
I hope by ER something has been decided, and he will be able to announce something. The only positive fact, is that in day like this YY would have dropped 7-8 points.
at $68.50, I bet Jun Lei would had screamed no way and would had said that YY was worth 95-102. Of course he is the one who made the offer so he doesn't care about the true valuation.