You are not tracking michaelcomeau.
31-Jul-08
The stock is dirt cheap (famous last words?) while the company has an excellent balance sheet, superior free cash flow generation, and a very strong history of smashing analysts' earnings estimates.
I'm also excited about Perfect World's entry into North American with closed beta testing of Perfect World International which is based on the company's hit Perfect World II. Perfect World has the capital to take risks like this, and I believe it could be a smart one because the company could charge higher prices in developed markets like the U.S. while benefiting from its rock-bottom development costs. Near-term earnings visibility also looks good given a recent guidance boost and what looks like a successful start for Pocketpen Journey West.
Plus, I believe money managers will look to hide out in online gaming and traditional video-game stocks given the fact that industry fundamentals remain very strong in a lousy consumer environment.
Tagged Stocks: PWRD
Posted at 14:58 in Watchlist Ideas | Permalink | Comments () | Top
PWRD
I mentioned in an earlier post that Chinese markets could be...
ACAP08
take advantage of t...
An interesting interview with Meredith Whitney from Oppenhei...
dnystwn
Rationale still sta...
Coldwater is in my portfolio because it is a solid company t...
davidha
Potential
Read the news on this company. Given the low share price, t...
csperler
Categories
Holding Tags
Watchlist Tags
Other Stock Tags
0 Comments on "Thoughts on Perfect World (PWR..."
You must be logged in to post a comment.
Top