$40.92
0.02 (+0.05%)
Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA)
CAPS Rating:
The Company is an interactive entertainment media company and the an operator of online games in China.
The Company is an interactive entertainment media company and the an operator of online games in China.
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Recs
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.