bizaro86 Posted 9 hours ago Posted 9 hours ago 4 hours ago, Spekulatius said: Yes, that’s correct, the stock was close, but now it’s now below net cash. Ironically controlled by a Japanese co (Gung-Ho) which is nos serious buying back stock. GRVY trades below net cash and thry made ~$8.5/ share in a down year. Pretty cheap for a $54 stock, but no catalyst. As we know, cheap can get cheaper. Are you aware of any operational issues here? A quick scan on tikr makes me think this is a great deal. Seems consistently profitable, huge cash balance. I like a public company as majority shareholder a lot more than an individual here.
villainx Posted 1 hour ago Posted 1 hour ago 7 hours ago, bizaro86 said: Are you aware of any operational issues here? Their games haven't been growing as much (or hasn't been hit). But I haven't followed dynamics that closely. They seem to be getting their licenses and permission in the various countries in order though, so that side seems to be unconstrained.
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