The Company through its subsidiaries, operates an interactive online community in China and is a provider of Chinese language content and services through its online games, Internet portal and wireless value-added services businesses.
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Even if you assume no growth whatsoever and future EPS equal to this years projected earnings with a reasonable discount rate of 10% and add the net cash per share which is 17 USD(!) you get the conservative value of 64.50 USD.
Real money pick since $42.