Hurray! Holding Co., Ltd. (ADR) (NASDAQ:HRAY)

Pick on a dip

Good things coming......soon

I like cash, don't you like cash. Well for only $1.45 you can essentially purchase a profitable Chinese music distributor in Hurray. Sure they operate through Chinese cell phone operators and sure there are many tools to usurp HRAY's technology, but hey... at $3.08 in cash and no debt im not arguing at the profitability. Did i mention they are located in China...given the inane euphoria of this market does that not translate into an overnight 60% gain?

Nero

Sagetrade

look at the key stats on this one. quarterly growth is in the red, yoy growth also deep in the red,profit margins are slim operating margins again ,slim.net income slipping each year.negative cash flows . not only is it trading below its 200 day m/a but the m/a is falling not a good sign .i say next 5 years ,this one should lag the market.

Am currently down 60% on HRAY having bought first at €8 ($10) levels. Bought more today at €3 - I just do not see any more significant downside from here, given that cash makes up 75% of market cap. Not too sure about the economics of the business but too juicy to ignore on valuation.

down reject

The stock trades below book value and is profitable. I have not taken the time to analyze the company thoroughly, so unless they are not going to be profitable in the future, this stock should go up.

No way this can go down any lower. Too much room for expansion!

This stock was picked to outperform from May 2007 to May 2008 by TMFLaw

The company is undervalued with a great potential for growth.

extremely undervalued.

This company is down right now but is coming back and is tied to China Mobile. Great potential for real growth.

separating themselves from the group by becoming a content provider...and somebody really important did say that "buy low and sell high." Jumping in with real money.

Wow what a value

ride the index back up

This stock was beat down by China mobil adding the new rule where there customers were allowed to drop 2nd hand services. I think the worst is behind Hurray!

I wouldn't buy a stock in a Communist nation that has a history of killing over 100 million people in the 1960s, but as CAPS goes...I think this stock will be well

Booming Chinese mobile market... I want in

The mobile phone industry in China, which has been growing steadily for the past few years is set to hit the 500 million subscribers mark in 2007, with a growth rate of 14%. The industry has evolved from being a plain vanilla sector to one offering various wireless value added services (WVAS) in response to customer demands. WAVS sector is expected to touch $7.8 billion in revenues by 2007.

Hurray Holdings is a service provider of music related and other WVAS services to mobile phone users in China. It serves the subscribers of both China Mobile and China Unicom, two of the leading mobile operators who have presence in both 2G and 2.5G technology. Service revenue to these two technologies contributes 90% of total revenue with the rest coming from non-core business for the three month period ended June 2006. The net income rose by 22% for same period.

The company recently acquired controlling stake in two of the leading record labels in China thus taking the first step to move from a service provider to a content provider. This action is in line with the long-term strategy of the company to become a niche player in mobile music content industry. With the mobile music content industry slated to reach $670 million by 2007, the company is well positioned to leverage this advantage.

Another area, which could be effectively tapped, is the SMS market, which will reach $730 million by 2007, which accounts for 28% revenues of the company. Although not a market leader the company can fully exploit the sector as the total market size is set to increase.

Looking forward services like music downloads, mobile television, mobile blogging, mobile bill payment is all set to grow, thereby taking the revenue from WAVS to 30% of total industry revenue by 2007. Factors like affordability of mobile music products, technological enhancements in handsets and ease of WAVS downloads and increase in subscribers will sustain this growth. The company with its transition from a service provider to a content provider and with its present straddling both 2G and 2.5G technologies is well positioned to leverage the impending growth.