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Cheetah Mobile IPO

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Cheetah Mobile IPO
Mountainbiker Offline
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#11
05-01-2014, 03:06 AM

In the pipeline of news to be announced. It would not have moved the stock and it would have a waste of PR. 15 days and we trade on fundatmentals.......

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vs8 Offline
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#12
05-03-2014, 06:14 AM

'js253' pid='42742' datel Wrote:Cheetah is a spin off from Kingsoft, whose owner also founded Xiaomi. So, the only new money here is Baidu. It is a nice strategic investor, but $20 mil is a drop in the bucket vs. the projected valuation. Cheetah is set to list on 5/8, given the current mkt. condition, I think it's very possible the IPO gets pulled, no way the stock prices at $12.5 the low end of its range, even $10 is a stretch.

I think a fair value is about $5 at current market condition.

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