Seeking Alpha

The Manual of Ideas'  Instablog

Good ideas are the lifeblood of the investment business and the exclusive focus of The Manual of Ideas. Authored by investment and finance professionals who have grown up on the teachings of Ben Graham, Warren Buffett and Joel Greenblatt, and have studied under or worked with luminaries such as... More
My business:
BeyondProxy LLC
My blog:
The Ideas Report For Serious Investors
My book:
Downside Protection Report (monthly)
  • Sprott's Peter Hodson Likes Gravity 0 comments
    Aug 10, 2009 07:01 PM | about stocks: GRVY, SNDA, GA, NTES, PWRD, NCTY

    Peter HodsonWell-regarded fund manager Peter Hodson of Sprott Asset Management presented a compelling investment case for Gravity Co. (GRVY) in an interview with Canada's Business News Network on August 6th. Hodson's argument is in line with the thesis presented in a recent issue of Downside Protection Report.

    Gravity is a Korean software company, developing massively multiplayer online role-playing games (MMORPG). Despite the company's recent profitability inflection point, the shares continue to trade roughly in line with net cash and investments. While the shares have appreciated considerably this year, they remain undervalued and still trade at a price that is lower than two years ago. Gravity's valuation compares favorably to public companies such as Shanda Interactive Entertainment (SNDA), Giant Interactive Group (GA), NetEase.com (NTES), Perfect World (PWRD), and The9 Limited (NCTY).

    Disclosure: Long GRVY, no position in SNDA, GA, NTES, PWRD, NCTY.

    Themes: peter hodson, sprott asset management Stocks: GRVY, SNDA, GA, NTES, PWRD, NCTY
Back To The Manual of Ideas' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »
Latest Followers
Posts by Ticker
ABWTQ.PK, ACAD, ACET, ACF, ACLS, ACN, ACTS, ADP, ADPT, AEO, AES, AET, AIG, ALD, AMIE, AMZN, ANAD, ANF, AOB, APAC, APOL, ARKAY.PK, ARO, ASCMA, ATPG, ATSG, ATV, AXP, AZN, BA, BAC, BBBB, BEAT, BELFB, BGP, BHE, BID, BKS, BLUD, BMY, BNI, BPI, BPO, BRK.A, BRK.B, BX, BXP, C, CA, CACH,

Latest Comments


Most Commented
  1. Message to Nassim Taleb: You Can't Kill Off Black Swans (1 Comment)
  2. The Top 12 Brands Likely to Survive (1 Comment)
  3. David Rabinowitz Likes Lancashire Holdings (1 Comment)
  4. Tilson Still Sees Numerous Stock Buying Opportunities (1 Comment)
  5. Stanford Lawyer Magazine Interview with Charlie Munger (1 Comment)
Posts by Themes
10x45 bargain hunter, activist targets, atul gawande, austrian post, banking, berkshire annual meeting notes, berkshire hathaway annual meeting, berkshire hathaway annual meeting notes, bill ackman, Bill Miller, biotechnology, books, brain gaines, brian gaines, bruce berkowitz, Bruce Berkowitz, cable industry, cds, charlie munger, china, commercial real estate, contrarian value stock screen, corporate governance, credit default swaps, currencies, david einhorn, david rabinowitz, dividend paying stocks, don fitzgerald, Don Fitzgerald, europe, european value investing, fairholme, Federal Reserve, federal reserve policy, for-profit education, george soros, gold, grant's interest rate observer, greenlight capital, guy spier, henry singleton, housing, hummingbird value, inflation, italy, james grant, james tobin, jana partners, jed nussdorf,
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.