Ann: iLinkAll signs RMB 1m contract with Pinnacle (Shanghai) Info, page-32

I think it still all comes down to valuation.

Good news should be taken as how much value does it add to the company.

In this case on a market cap of almost 130m pre announcement, you can’t expect a deal worth 80% of the announced amount to have much impact. It’s more disappointing really.

This is where ignoring the upramping and trying to justify a value to the company is key. What is it this company actually has that makes it so valuable and how do we measure that without current cashflows?

There could be something behind the scenes here that could be rotten. From their Chinese business units to the constant option exercising, from the recent acquisition to the safety net provided to investors of the convertible note.... it’s just too hard to know for sure.

I do hope this turns around for everyone but when does the current value start being justified?

I mostly hope someone listened when I was questioning the companies value. I do sincerely hope someone was able to minimise their loss or refrain investing all together. Too many better options out there.

Gltah and please dyor