Added to YB: 2024-03-20
Pitch date: 2024-03-19
DOYU [bullish]
DouYu International Holdings Limited
+162.62%
current return
Author Info
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Company Info
DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People’s Republic of China.
Market Cap
$956.9M
Pitch Price
$1.36
Price Target
1.18 (-67%)
Dividend
N/A
EV/EBITDA
79.96
P/E
-29.63
EV/Sales
-0.37
Sector
Entertainment
Category
special_situation
Turtles Research New Position: $DOYU
DOYU: Chinese Twitch trading at 75% discount to net cash. CEO arrest weighing but impact limited. $20M buyback announced but not executed. Tencent (38% owner) holds the cards. Catalysts: CEO resolution, buybacks, merger/buyout. 40-60% upside if stock reaches 35-40% of cash.
Read full article (2 min)