- There are some concerns with regard to China, declining growth, rising competition, and escalating content and marketing cost pressuring margins.
- But these worries almost pale in insignificance when compared with YY’s valuation.
- Quite frankly, we’re still at a loss to explain why the shares are so cheap.
Source: Hidden In Plain Sight, YY Is Still Cheap – YY Inc. (NASDAQ:YY) | Seeking Alpha