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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (60536)	5/13/2019 10:56:45 PM
From: Elroy	Read Replies (1) \| Respond to of 78753

I don't know if it's a value stock, but I've posted on this one previously, and they just keep rolling along........ GRVY just reported Q1 revenues of $117 million, up 100% year on year, and net income of $17.4m, up 450% year on year. Cash is up to $122 million, no debt. Market cap is $540m. So it's sort of a value stock as the sales are doubling, and the enterprise value is only 1x annual sales. I would imagine well known online game companies trade at higher multiples, but I don't really know. ------------------------------------------- Gravity Reports First Quarter of 2019 Results and Business Updates finance.yahoo.com -- This stock used to be $2.00 with $2.25 cash position, years ago. That's how I found it. Now it's a super cheap high growth stock......... Here's a post from me on the company from 14 months ago........ Online Korean game company GRVY did revenues of $23m in Q1 2017, $27m in Q2 2017, $23.7m in Q3 2017, and then, out of the blue, $67.5m in Q4 2017. If Q4 2017 revenues keep up around that level, buying GRVY is a no brainer!! :-) GRVY's cash position has gone from $38.7m in Q4 2016 to $61.6m in Q4 2017, and the market cap is about $300m. It remains a complete mystery why revenues jumped from $24m in Q3 2017 to $67m in Q4 2017, but they are constantly launching new games in new countries, and perhaps their new games are, I don't know, well received by the gaming masses? There's not a whole lot of info on the company beyond those few sentences, so it really is a no brainer. There's nothing to analyze......