China Mobile Games+e.s. ADR sell Subdi
Start price
16.01.15
/
50%
€15.90
Target price
11.09.15
€0.99
Performance (%)
0.00%
End price
11.09.15
€19.54
Summary
This prediction ended on 11.09.15 with a price of €19.54. The SELL prediction by Subdi closed unchanged from the start price. Subdi has 50% into this predictionPerformance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| China Mobile Games+e.s. ADR | - | - | - | - |
| iShares Core DAX® | 2.992% | 3.220% | 4.271% | 53.697% |
| iShares Nasdaq 100 | -1.584% | -3.172% | 24.749% | 76.697% |
| iShares Nikkei 225® | -2.254% | -9.924% | 43.518% | 60.793% |
| iShares S&P 500 | -0.009% | 1.641% | 20.967% | 62.807% |
Comments by Subdi for this prediction
In the thread China Mobile Games+e.s. ADR diskutieren
Fragwürdige Geschäftspraktiken ...
... hier geht es darum, dass die Firma wahrscheinlich ihre Umsätze hauptsächlich mit einer verdeckten Tochterfirma macht. Das gleiche "Geschäftsmodell" wie bei NQ-Mobile. "The Geo Team" hat hier eine unglaublich umfangreiche detektivische Arbeit geleistet, und in ihrem Artikel dokumentiert:
China Mobile Games: Who Is Really Being Played?
Jan. 15, 2015 1:30 PM ET | About: China Mobile Games & Entertainment Group Ltd (CMGE), Includes: NQ
Summary
- China Mobile Games is a mobile gaming company that we believe is engaging in questionable business practices and operating in a cloud of obfuscation.
- We believe CMGE could be overstating its revenues significantly through an improperly disclosed relationship with an entity called Zhongzheng.
- The relationship between CMGE and Zhongzheng is reminiscent of NQ Mobile’s relationship with Yidatong: an undisclosed related party of the business.
- We believe the SEC should open a formal investigation probing the company’s non-disclosed entities.
- We urge the company’s auditor, Ernst & Young, to investigate and we believe the risk of these undisclosed entities is not priced into the company’s stock. ...