bk329

Downgrading Monster Worldwide on Deteriorating Employment Outlook

Actually you really have to question the amount being spent on ChinaHR. ChinaHR seems a long way from turning a profit, and is well south of key competitor 51job on all available operating metrics. Monster is placing a higher value on their #2 or #3 player ChinaHR than the market places on publicly listed #1 player 51job. Outside-in, looks like another crazy, value destroying move. The leaders in thinking in this space are well known to investors - I would think its time the major investors made themselves heard.