I've been waiting to see gree's annual report and they finally released it not too long ago. It explains a lot, but also shows some questionable decisions.
http://v4.eir-parts.net/DocumentTemp...nvmhuyzx_0.pdf
Most notable is that they had a loss in operating income for this first time in FY 2015. Though net sales did decline, they attribute a lot of the loss to a write down of acquisitions including Funzio Inc. Apparently the portfolio of games upon whose forums you're posting are not performing as they intended. That means the squeeze for cash is not going to stop. If the games are continued (questionable), then the cash grab will likely intensify.
Another thing I question is their financial stewardship with their cash. Though they had a net loss for the year, their dividend payout ratio is at a record high. Apparently the 10 year anniversary means more to the board than financial results. Not so sure about the shareholders (see below).
Lastly, how about those risk diversification strategies? So they intend to be the leader in social online gaming. How do they do that? By developing a home and related-services platform and a health & fitness platform. Yup.
There's a lot of other good stuff in the link above. To keep this from getting tl;dr, just check out some of the charts and notes. Makes for good bathroom reading.
How are investors reacting? This next article is interesting.
http://www.financialmagazin.com/gree...-by-9999-99-2/
Short sells have increased by 9999.99%. Their stock price is downtrending and has underperformed the S&P500 by 18.61%.
For the mods, I talked about Funzio games and their outlook, so this thread is related to CC and thus relevant to the forum.
