Shanda Interactive Entertainment Ltd ADR (SNDA)
The Company is an interactive entertainment media company and the an operator of online games in China.
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looking for a short term decline--too close to 52 week high and high short interest at 17.7%--reasoning may not make sense but this is just a screen im using
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too fast a run up, will hit the wall in near future
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The company has a lot debt and revenue is not so good as mdia reported. The game business are so many in china mainland, so the revenue depend on game are became download gruduatly in future.
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Not impressed by our visit to their Shanghai HQ. Beautiful, palatial compound that was half-empty. That set off warning signals to my mind.
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The problem with this company is the games that it makes only appeal to those who cannot afford decent computers to run better games like World of Warcraft. If SNDA's customers cannot afford decent computers then what hope does SNDA have of significantly profiting off of them?
I'm an avid P.C. gamer and I just don't see SNDA making much money any time soon.
The money in gaming is in console systems (where games are 50$ a pop) and subscription based online gaming (which SNDA has been moving away from due to competition from the 500 pound gorilla of MMO's, WoW).
SNDA is fool's gold (no pun intended) for those who do not understand the video game industry.
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time to sell.
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a serial disappointer in a very scary Chinese market.
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p/e is too high indicating it's to lucratively
priced.

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