I’ve spent the last few weeks dabbling with shares in the Alternative Investment Market (AIM), making notes, bookmarking websites and generally learning how it all works and I figured, rather than write it all down on my own research document, I may as well write it on my blog and see if anyone else has anything to say about the companies I’m interested in.
Galleon Holdings is one of the first AIM companies that I’ve been looking into after finding a blog dedicated to it, which now appears to have been shut down unfortunately. Peaking at a price of £2.25 in 2002, GON shares are currently 2 pence, and appear to be quite a good investment.
The main point of interest with this company is their business in China, which is online gaming: www.wowan365.com . The main game is called “God Quit” and has become increasingly successful over the last few months, so whilst the last financial reports for GON were pretty terrible, it does look like their fortunes are finally about to change. The growth in the user base has meant that the game has spread into new hardware and they are adding many more servers every month.
Worryingly, there’s not a great deal of chat on LSE or III regarding this share, which could either mean that no-one else has really spotted the potential, or I’ve got it completely wrong and it’s a dud
Worth a punt in my opinion and worth hanging in until the next financial report they deliver to see how much money the growth in China has been worth.Disclaimer: All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.