The earnings for Xianxiang in August reached an astonishing 4.24 yuan per share! Foreign investors are flocking in, and the stock price surged by 7%. Experts say that after dividend adjustments, they are actually making a profit.

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The stock price of the gaming stock champion, 鈊象 (3293), surged to 849 yuan today, recording an increase of 7.19%. It showed the highest rise among gaming-related stocks. This surge is supported by the company's announcement of a pre-tax net profit of 1.186 billion yuan and earnings per share of 4.24 yuan for August. This represents significant growth from July's 3.96 yuan, marking a new record for the year. Additionally, the sales revenue for August was 1.818 billion yuan, an increase of 2.6% compared to the previous month and an increase of 13.5% compared to the same month last year. Cumulative sales revenue from January to August reached 14.544 billion yuan, a 22.5% increase year-on-year, setting a record for the highest in the same period.

On the market side, in addition to the exchange gains due to the depreciation of the New Taiwan Dollar, there has been a surge in aggressive buy orders from institutional investors. Foreign investors had a net purchase of 354 shares yesterday, and self-trading firms similarly increased, with the three major institutional investors accumulating a total of 446 shares. On the technical side, the stock price is above the monthly line, and indicators such as MACD, RSI, and KD are all trending upwards. Trading volume has also expanded for three consecutive days, indicating the strength of buyer momentum. The company recently obtained an online gambling license in the UK, and contributions to performance are expected from this quarter. Additionally, it is actively advancing license applications in various states in the US, leading to a bright outlook for performance in the second half of the year.

The financial blogger “Kiraorongxueqiu” particularly points out that the apparent halving of stock prices does not reflect reality. When taking into account cash dividends and stock dividends, the actual market value for those who invested 1,500 yuan last year is equivalent to 1,656 yuan, indicating a growth of 8%. He emphasizes that long-term investors do not need to worry, as the company's revenue has grown for 38 consecutive months, the fundamental management condition is sound, and the investment value is still evident.

*The content of this article represents the author's personal views and should not be considered as the basis for investment decisions by readers. It is recommended to seek advice from an independent financial advisor and understand the risks before making investment decisions. Contracts for Difference (CFDs) are leveraged products and carry the risk of losing all your invested capital. These products are not suitable for everyone, and investments should be made with caution.

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