"Mr. Mervin Ye Zhou is a vice president of corporate.jd.com/home (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)) and head of Strategic Investment, responsible for overseeing various investment activities, mergers and acquisitions, and portfolio management for corporate.jd.com/home and its subsidiaries."
Net cash is ~$1.6/share alone. If they take this private with $0.2/share of adjusted profit, Id say $3-4/share at a minimum.
Bought more today. New director appointed:
"Mr. Mervin Ye Zhou is a vice president of corporate.jd.com/home (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)) and head of Strategic Investment, responsible for overseeing various investment activities, mergers and acquisitions, and portfolio management for corporate.jd.com/home and its subsidiaries."
Net cash is ~$1.6/share alone. If they take this private with $0.2/share of adjusted profit, Id say $3-4/share at a minimum.