Investment banks look at the future of the nine-city forecast that it will continue operating losses

Beijing Time June 18 News, investment analysis agency Oppenheimer Thursday cut nine City stock rating, it is expected to nine cities lost "World of Warcraft" Operation rights may be a few consecutive quarterly operating losses.　　Oppenheimer's analyst, Paul Keung, downgraded the nine-city stock rating from "outperform" to "flat (perform)" and canceled a 12 dollar target price per share.　　Keung that if there is no other game, no layoffs, no sale of assets, the nine cities in the next 3 quarters of the profit may be 92 cents per share, then it will be the entire fiscal year net loss would reach 59 cents per share.　　The average expected return for nine cities was 79 cents per share, after Thomson Reuters consulted analysts. Keung also said the value of the nine cities available to potential acquirers was limited, so it was less likely to be acquired by other companies.