Post by
shawshank on Feb 18, 2014 12:35pm
Game developer
Last thing-and count our blessings on this-that TNG would want to be doing from a business perspective is to be a developer of games...that is the most cut throat-narrow margined-
crowded sector-capital depleting business to be in-and from an investment perspective
one to stay away from. TNG is a facillitator-what Tobin calls in his book "Change Wave Investing"...a "common thread enabler"...it is catalyst vs being cannabolistic...what it offers
is a bridge to the other side-but its a toll bridge just the same-means its going to make us money
cuz the big boys are willing to pay the toll or share the fee-to get to the other side-vs look around
at other options-including building a bridge of their own.
All is well...TNG has focused and is staying focused-like any smart business should-on its target market segment-that being the SmartTV sector...the danger in not being focused is finding "too much success" and demand and not being able to deliver which for many small
companies in their emerging phase of development can be near fatal and often is.
At some point TNG will start to be valued purely on a earnings basis vs on expected earnings-but I believe there will be other partnernships-joint venture revenue sharing agreements-and we are just so much in the infancy of this-that to some the babysteps being taken are to slow-I expected this and did not invest for the reason of being nothing but hype behind the story but an actual solid company being built page by page...I came in expecting 150million O/S at some point-$100million plus in revenue-ramping up to $250million within 5yrs from now and bought
out somewhere in between...because the revenue here jumps up as the SmartTV sales base
jumps up with its customers-and the user base for the TNG service offerings mated embedded with giants such as Samsung who have signed on with Transgaming-as more and more content and options get added-TNG's top and bottom lines will expand just as porportiantely.
So...things are unfolding-as they should.
I maintain anything around a .25 a share is fair value for establishing exposure to the
coming upside.
SS
Comment by
mbbttfb on Feb 18, 2014 12:41pm
They're going to grow revs 25x in 5 years. That's hilarious
Comment by
skyhawk1 on Feb 18, 2014 12:58pm
Hey SS, good to c u back!.. Check your inbox. Iscfa, why waste your precious time with the resident scumbag, when we all know his agenda & purpose for being here!
Comment by
dpoc on Feb 18, 2014 3:36pm
Don't know if the division still exists, but TNG tried their hand at game development with Transgaming Studios. One of their games was called Ants at a Picnic, while another was something about an auto repair garage game involving the Mob, etc.