Shanda Interactive Entertainment Ltd ADR (SNDA)

dividendhound (88.44) Submitted: 9/21/2009 3:55:55 PM : Start Price: $45.82 SNDA Score: -2.13

Very profitable; gradually diversifying revenue base; decent pipeline of games; lots of cash on hand; has a hand in various industries likely to experience a lot of growth (gaming, online entertainment, literature); based in China and has a business model that may eventually be portable to other foreign countries (this could trigger monster growth); and is IPOing its games unit this week in an anticipated IPO of a profitable company (SNDA is retaining almost 80% of GAME). Also seems to initiate buybacks at intelligent times which shows good management.