Seeking Alpha

Stephen Ngai » Comments » NTES

  • China's Volatile Gaming Industry  [View article]
    Question to David Oliver:

    What standards are you using in classifying & to define the followings:
    1. First Tier?
    2. 2nd Tier?
    3. Other Tiers?

    In Chinese Game Industry, there is no official business practices of defining and classifying the games into each tier.

    You bashed Shanda of licensing second tier games. You are misleading the readers here.

    My question: Who define which tier based on industrial standard?

    If this is only your opinion, your analysis is not objective. Keep on shorting SNDA PLEASSSSSEEEEE!
    Jan 07 19:34 pm |Rating: 0 0 |Link to Comment
  • China's Volatile Gaming Industry  [View article]
    Do you guys really know and understand Game industry in China?

    I doubt it. Stephen Ngai

    Disclosure: I am holding SNDA shares.
    Jan 05 19:10 pm |Rating: 0 0 |Link to Comment
  • Investing In China's Online Gaming Sector [View article]
    A-share market is more risky that Nasdaq Market.

    I won't touch A-share market for most of shares having bubble prices.

    In Nasdaq, most of Chinese Companies are surrounded by those professional hedge funds and short sellers. Like Shanda, it short interest in Dec. 2006 was 4.4 million shares out of the float of around 20 million. My opinion, Shanda is highed undervalued.

    With all the new games and turning around of all new business, Shanda will make at least $1.00 EPS in year 2007.

    Look at those companies that were bought in the past 2-3 years, what will happen if Shanda Spin them off for IPO?

    I won't trust any articles or posts. I only trust on my analysis and digestion of all articles in my research. Stephen Ngai
    Jan 03 20:41 pm |Rating: 0 -1 |Link to Comment
  • Investing In China's Online Gaming Sector [View article]
    It looks like you judge Shanda only based on a few posts of BBS forum. It is dangerous for you don't look at other variables and factors.

    There are hundreds of million of players in China. The growth was 30% for 2006 & 25% for 2007 in dollar amounts of game industry in China as you mentioned as above. They won't play Shanda games as per your discriminated post.

    Do you know that there are 5 GOOD NEW games will be launched in early January?

    A lot of Good news will be coming for Shanda. Time will tell.

    Disclosure: I am holding SNDA shares. Stephen Ngai
    Jan 03 13:33 pm |Rating: 0 -1 |Link to Comment
More on NTES by Stephen Ngai
Comments by Ticker
Stephen Ngai's
Comments Stats
14 comments
Rating: -2 (0 - 2 )