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旧 Mar 6th, 2004, 17:49     #1
yorkmills
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LTON:
According to this filing:
http://www.sec.gov/Archives/edgar/da...791a2fv1za.htm
Ordinary shares outstanding after the offering is 250,129,200 ordinary shares (or 256,129,200 ordinary shares if the underwriters exercise the over-allotment option in full).

1 ADS = 10 common shares.

总股本 = 25 million ADR(or 2561.292 million ADR)
流通盘(暂时) = 6.14 million ADR
With today's close price @ 15.70, current market cap is approximately:

15.7 * 250 / 10 = 392.7 Million

2003: rev. 16.6M; income 3.6 M
2002: rev. 4.3M; income -0.536 M

TOM Online Inc. (TOMO)周三上市有关数据
总股本 = 49.08 million ADR
流通盘(暂时) = 11.25 million ADR
2003: rev. 79.95M; income 20.03M

TOMO的总股本和流通盘仅仅是LTON的二倍,但利润和纯收入确分别是LTON的5倍。再加上TOMO由李嘉诚控股,所以TOMO肯定有戏看,TOMO的美国机构认购量达34倍,已经超出中国人寿的倍数,创2000年以来中国概念股认购倍数最高。尽管香港散户为100倍认股量,对比其它红筹股不是很高,但和中国人寿不同TOMO主盘在美国。所以TOMO香港盘必须看美国盘眼色。

[This message was edited by yorkmills on March 07, 2004 at 6:13.]
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旧 Mar 6th, 2004, 18:22   只看该作者   #2
ChineseGirl6
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流通盘应该 6.06百万股. 你再查查.

This is our initial public offering. We are offering 5,150,000 American Depositary Shares, or ADSs, and certain of our shareholders are offering an additional 910,000 ADSs.

5.15 + 0.91 = 6.06 !
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旧 Mar 6th, 2004, 18:27   只看该作者   #3
conetizen
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顶 Now we can see Trailing 12M EPS(ADR)=3.6/25=$0.144. Now what's the PE? (109?)
But PEG could be more reasonable.

[This message was edited by conetizen on March 06, 2004 at 19:37.]

[This message was edited by conetizen on March 06, 2004 at 19:47.]
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旧 Mar 6th, 2004, 18:39   只看该作者   #4
yorkmills
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"流通盘应该 6.06百万股. 你再查查.
5.15 + 0.91 = 6.06 !"
China's Linktone Ltd., which provides wireless services for mobile phone users, China's Linktone Ltd., which provides wireless services for mobile phone users, raised the amount of its planned initial public offering to 61.4 million common shares from 60.6 million shares.

[This message was edited by yorkmills on March 07, 2004 at 4:23.]
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旧 Mar 6th, 2004, 18:44   只看该作者   #5
yorkmills
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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by 慷慨:
流通盘应该 6.06百万股. 你再查查.
<HR></BLOCKQUOTE>

China's Linktone Ltd., which provides wireless services for mobile phone users, raised the amount of its planned initial public offering to 61.4 million common shares from 60.6 million shares.

http://cbs.marketwatch.com/tools/quo...AF0E2BCA80C%7D

[This message was edited by yorkmills on March 07, 2004 at 4:19.]
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旧 Mar 6th, 2004, 19:09   只看该作者   #6
yorkmills
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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by conetizen:
顶 Now we can see Trailing 12M EPS(ADR)=3.6/25=$0.144. Now what's the PE? (109?)
But PEG could be more reasonable.

<HR></BLOCKQUOTE>
看起来确实有些高,但对2004年纯收入由於该公司没有提供ESTIMATE,如果参考其2003年第四季度(9-12月)数据,第四季度纯收入为1.63million.如果2004年业务发展顺利,年度纯收入应介于(7-10million)。那么按周五收盘价计算PE大概30-40,还可以。

[This message was edited by yorkmills on March 07, 2004 at 6:15.]
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旧 Mar 6th, 2004, 19:42   只看该作者   #7
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很有道理. 但与TOMO一比, 似乎TOMO便宜很多. Based on trailing 12 months financials, 1 TOMO &gt; 2 LTON (roughly) OF course, other factors differ (like growth prospects, gross margin, market dominance etc) AM I missing anything? Why TOMO is priced so cheap compared to LTON?

"看得破, 忍不过; 想得到, 做不到."
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旧 Mar 7th, 2004, 05:54   只看该作者   #8
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What? 总股本有 25 million ADR? 那么 eps=3.6/25=0.144, p/e=15.7/0.144=109! SEC疯啦? 他们怎么定的价? 就算10元一股p/e也有69了. 他奶奶地, 太相信这帮人了. 他们怎么不定价一百元一股呢! F_UCK SEC! http://chinasmile.infopop.net/infopop/emoticons/icon_mad.gif F_UCK LTON! http://chinasmile.infopop.net/infopop/emoticons/icon_mad.gif 骗子! http://chinasmile.infopop.net/infopop/emoticons/icon_mad.gif http://chinasmile.infopop.net/infopop/emoticons/icon_mad.gif http://chinasmile.infopop.net/infopop/emoticons/icon_mad.gif http://chinasmile.infopop.net/infopop/emoticons/icon_mad.gif http://chinasmile.infopop.net/infopop/emoticons/icon_mad.gif http://chinasmile.infopop.net/infopop/emoticons/icon_mad.gif
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旧 Mar 7th, 2004, 19:01   只看该作者   #9
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Last Trade: 15.70
Trade Time: Mar 5
Change: 1.72 (9.87%)
Prev Close: 17.42
Open: 16.50
Bid: 0.01 x 100
Ask: 9,000.00 x 100
1y Target Est: N/A

Day's Range: 15.50 - 16.85
52wk Range: 15.50 - 19.50
Volume: 2,820,359
Avg Vol (3m): 0
Market Cap: 392.70M
P/E (ttm): 157.00
EPS (ttm): 0.10
Div & Yield: N/A (N/A)
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旧 Mar 7th, 2004, 19:25   只看该作者   #10
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Shares Outstanding: 25.01M
Float: 6.14M
% Held by Insiders: 75.45%
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