Investment bank gives tour neutral rating see light new game Deer ding

Beijing time October 20 Morning news, U.S. investment company Pali Capital published an investment report today to give the nasdaqgs:cyou stock "neutral" (Neutral) rating, and expected to swim in the third quarter results will reach analysts ' expectations.　　But the agency believes that the "deer tripod" is less likely to be the next best-selling game, and that the virtual currency's regulatory policies may have a 5% to 7% impact on the future business receipts. The following is a summary of the report: The Tour will be released October 26 Monday U.S. stocks in the third quarter of 2009 fiscal year results, followed by an analyst conference call. Although "Tianlong eight" has reached its peak, its pace of development has slowed, and the release of new games will take some time, but we believe that the tour is still expected to reach Wall Street expectations. We expect the third-quarter results to be flat with analysts ' average forecasts, as they are based entirely on the overly conservative expectations of the tour. We also expect that the fourth-quarter performance of the cruise management is expected to be at least as balanced as analysts ' expectations.　　Although we believe that the tour will continue to grow, we will continue to wait and see as we worry about the growth of the Tianlong eight and the uncertainty of the future success of the deer tripod and other games. We expect to be in the third quarter of 2009 with the company's 67 million to 69 million U.S. dollars expected to be flat, according to this figure, the quarter-on-quarter growth of 0.6% to 3.6%. The average forecast for Wall Street analysts is $69.5 million trillion, and our forecast is $69 million trillion. We also expect that the earnings per share of the US accounting standards will be flat with the company's 0.68 to 0.69 dollar forecast, and will be flat with analysts ' average forecasts and our forecasts, with the latter two groups of 0.69 dollars.　　"Tianlong Eight" in the third quarter of weak performance, because the game's growth began to slow down. We expect that with the decline in profitability in the third quarter of "Tianlong eight", the swim program will boost the future profitability of the game, so the fourth-quarter revenue expected from the management would be at the same level as our 73.3 million-dollar forecast and analysts ' 73.7 million-dollar average forecast.　　U.S. accounting standards per share earnings forecasts will also be the same as our 0.73 dollar forecast and analyst 0.72 U.S. dollar average expectations. We believe that the recent introduction of virtual currency regulation policy will have a certain impact on the tour.　　If the Ministry of Culture strictly promotes this policy, it will have a 5% to 7% impact on the operating income of the tour. The new game, "Deer Ding" may become the next best-selling game. However, since the game is based on the novel by Jin Yong's namesake, and the plot of the original story is too complex to be transferred to the game, we think it is less likely.　　The release of the deer Tripod has been postponed for 1 years, and the game is expected to be released in the third quarter of 2010, which will be postponed for 2 years. We will be in the 2009 fiscal year revenue forecast from the previous 276.6 million U.S. dollars down to 270.5 million U.S. dollars, earnings per share is expected to increase from 2.71 U.S. dollars to 2.79 U.S. dollars. The revenue forecast for the 2010 fiscal year is expected to be lowered from $382.6 million trillion to $347.9 million trillion, but its US accounting standards are expected to rise from 3.46 US dollars to 3.47 dollars per share. (PEI)