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China online gaming: Giant Interactive (GA) |
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| Jun 13, 2009 07:00 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Internet, China, Newsletters, Stocks to Buy This post is part of a featured report on stocks in the Chinese online gaming sector. "When it comes to numbers, Giant Interactive (NYSE: GA) is the kind of company that accountants can only dream about; with a profit margin above 70% and huge cash reserves, the stock is selling well below book value," says China expert Jim Trippon. In his The China Stock Digest he explains, "Giant was founded in November 2004 and as become one of the fastest-growing and most profitable companies in the Chinese online game industry." "Despite constantly rising earnings as more and more Chinese log on to the Internet, Giant Interactive is reasonably valued with a P/E multiple of 12.5. Continue reading China online gaming: Giant Interactive (GA) China online gaming: Giant Interactive (GA) originally appeared on BloggingStocks on Sat, 13 Jun 2009 14:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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