6 - 6.5 Billion @6.50/ share Its not pretty but it has teeth... Two key buy Highlights, Tech and Casino... Two elements EA wants
There are a lot of "Projections" floating around.. Either way SWIR is at a great Entry price with Market cap less than 1 Billion. SWIR should be trading at 5-7 Billion Market cap in 3 years which is great growth..
yes they are pushing hard, most due to the fall in Users and they are trying to revive with the new face etc. Boom beach, Clash of clans also fading users... Z is in a good place to Launch DOT, gamers want something new now... we wait..
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..