Chinese online Games concept stocks investment strategy: buy grand etc to wait for the opportunity

Digging the net June 29 according to foreign media reports, focus on the Chinese Internet and new media analyst Zhangxiaofan author discusses the Chinese online games concept stocks investment strategy. The full text reads as follows: So far this year, China's online game stock performance is very good, has attracted many investors attention.　　This article provides comments on the current 8 Chinese online gaming companies in the U.S. stock Exchange and discusses investment strategy issues. The concept of Chinese online games is divided into three levels the table below shows 8 stocks in the industry. Shanda Networks (Nasdaq:snda) and NetEase (Nasdaq:ntes) are ranked first, with quarterly revenues above $100 million trillion, perfect space-time (NASDAQ:PWRD), Sohu Cruise (nasdaq:cyou) and Giants Network (NYSE:GA) in the second grade, Quarterly income between 50 million dollars to 100 million U.S. dollars, and the letter hypermedia (NASDAQ:GIGM), CDC (Nasdaq:china) and nine City (Nasdaq:ncty) in the third class. This ranking is ultimately determined by some major games.　　In the last two columns of this table, I have listed the number of major games and their maximum simultaneous online numbers (PCU) based on my estimate for each company between June 21, 2009 and June 27, 2009. Investors prefer betting on big companies The table shows an interesting phenomenon: for all companies, the higher the quarterly revenue, the higher the P/E ratio. This means that the current market for China's large online gaming companies have higher expectations, they have a greater opportunity to successfully develop new games. Investors agree that large companies will increase their market share in the future and that the industry will become more concentrated.　　That's why investors prefer betting on current industry leaders. Industry leaders traded at a 52-week high of four of the highest-earning companies Shanda, NetEase, perfect time and space, and have climbed 87%, 70%, 89% and 185% respectively so far this year, and they traded at 93%, 97%, 96% and 99%-week highs. By comparison, three main indices, the Dow Jones 30 index, the standard and poor 500 index and the Nasdaq Composite Index traded only 70% week highs for 71%, 74% and 52. In my opinion, investors who are interested in buying these four stocks should wait for a better entry point. (Digging the Bay Net Peng exhibition)