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[Most Recent Quotes from www.kitco.com]

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World Bank Calls China: A “Ray of Hope”

Tony Sagami (April 14th, 2009) Writes:
The Dow has been on a mini-roll. Therefore, most investors are thrilled to see battered stock portfolios recover even a smidgen of their massive losses. The problem is that these investors aren’t paying attention to what’s happening elsewhere around the globe. And they may be missing out on the opportunity of the decade! That’s because the morsels of good economic news coming out of the U.S. are completely overshadowing what’s happening in Asia. China: A Bright Spot in the Region And the Global Economy Just last week, a new report from the World Bank painted a very pretty picture about the economies of China, the world’s third-biggest economy, and its Asian neighbors …...
Tags for this Post:
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The9 Limited – Value – Zacks Rank Buy

Tracey Ryniec (September 24th, 2008) Writes:
The9 is tapping China's gaming obsession for big profits. The company grew revenues 69% in the second quarter. It has surprised on earnings 3 out of the last 4 quarters by an average of 33.60%. The9 has a forward P/E of only 8.93.

Company Description

The9 Limited (NCTY) develops online games for the Chinese market. The company's current game line-up consists of MU, Blizzard Entertainment's World of Warcraft, Soul of The Ultimate Nation, Granado Espada, and Joyful Journey West.

The9, headquartered in Shanghai, also has exclusive licenses to operate games in Mainland China including Hellgate:London, Emil Chronicle Online, Field of Honor and Atlantica.

Net Income Rises 129% in a Record Second Quarter

On Aug 8, The9 reported second quarter earnings and easily surprised on estimates by 27.08%, or 13 cents. Net income jumped 129% to $16.9 million from $7.4 million in the second quarter of 2007. Net income

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