I could not resist, I picked up 3000 shares with a dividend over 14%, like buying a rental property with amazing YOY Incrementatl increases..66K investment with reinvested dividends will generate 100K/year in 15 years.... amazing YOY growth..And if you can let it go for 40 years, closer to 40 Million a year in dividends.. Grandkids will be happy..
Do your own Dd folks, the Hot Air ballon is Trolling for you and preys on your weakness.
Total Stockholder Equity 1,895,692,000, Zynga trades slightly above shareholder equity value..
Hope its better than Terminator salvation, So far not Grossing on any chart!! But yet they pay for that right to make the game..
That being said, these guys are sharks and want to whats best for them not the shareholders.I am sure there are some accounting games that can be played, IE joe D and Peter K give up their equity now and get nice guaranteed bonuses later in the new company kind of thing..
The debt is 100% the value of Hudson, Joes had No debt before the purchase of Hudson.
Hudson was valued at 90 Million, so that aside Joez was valued at 1.5 X revenue or 150 Million with Great Ebita and Cash flow. Both companys have a great business indepedantly. Joez just did a Bad financing deal an took on more debt than it could easily handle, they needed a larger cash position to do the deal right and Ultimately should have done another Private placement to raise capital to buy Hudson. Made some stupid errors. but the companys have awesome brand value if someone were to have the cash to pay off the debt and focus on building the brands.
Dow article did not imply anything and or including a price well below 100 mil, can you send a link to this as the only dow article I saw had really nothing to say other than a deal may be in the works.
These agreements could be tricky, if they get 1.5 Times rev less the debt so 240 million-90 Million debt so 130 million.. who knows, good news is the two designers Joe D and Peter Kim own shares and if there is a buyout they want SP appreciation..
Sweet, but not as good as My 5000 shares at 20 :) and i am sure some here have low teens or pre teens, lucky dogs
Even more Baffling why you are spending 24/7 here for absolutely zero value than to babble to everyone that 2.20 was not a good time to buy when it was clearly the bottom.. Is this your "silly Game"? The only thing I can think of is that you are a Quadraplegic that litteraly has notthing to do all day ( i can say that because I've been there and would not wish that upon anyone). If you actually have the Ability to have some sort of Life, this is Even more baffling to think you are wasting it here day in and day out on such a bad bet. I guess Zynga has Incredible Value to you? You are spending so much time on a company that has no reason to exist in your mind. Yet you keep us Informed about its value and all its Foibles. One has to wonder, Do you read your own Text and actually apply that to your own life... Seems not which is pretty funny... Back to the Backyard bunker you go to make sure you have enough water for the apocolyps that is coming :)
accumulationg 5-10 Million shares 33% of outstanding shares in the last week. pay 80 Million and get 25 Million back in Stock appreciation so net 55 Million for both Joes and Hudaon, Generate 175 million a year in Revenue and Ebita in the 12 Million range after debt is erased.. So net net they earn 25% ROI per year..
check it out!! Stock Twits post
Not one Issue on Ipad air 2- Looks twice and Vivid in person on ipad, the Youtube videos are not very vivid so a lot better play that what it shows on the tube..
I also think JD and PK will have to take huge cuts in order to save the companies in any deal. They both dropped the ball and let both companies suffer under poor managment.
Someone has to give you the CREDIT first- I beleive there is value in taking the company over by assuming the debt. 85 million in cash to pay off debt and assume the company. Roughly 1.20 share is the upside if they have a suiter- FCP could essentiall buy back Joes/Hudson for less than what they sold hudson for and get Joes for Free... LOL, got to love it..
about 3.6% based on diluted share count but yes they peeled off a few, guess they are taking a tax loss
or trying to get them all sold. Just wondering if Joez has a buyer lined up yet... They are still doing business as usual and launching new products.. Might be a facad.. who the heck knows..