News Razer Proposes to Take Firm Private to Focus on Fintech and Software

[Admin]

Razer management wants to take company private due to undervaluation.

Razer Proposes to Take Firm Private to Focus on Fintech and Software : Read more

 

[TommyTwoTone66]

Weird flex, but ok Razer. You do you.

I guess the management team bet big on Bitcoin to be able to afford to buy back the whole company.

 

[Deleted member 14196]

They are undervalued because they make horrible hardware and even worse software. I will never buy any of their junk again

 

[TommyTwoTone66]

They are undervalued because they make horrible hardware and even worst software. I will never buy any of their junk again

That's not how stock prices work my friend. They're undervalued because most investors don't understand the company or what they do and because they rely a lot on global supply chains so are a pretty risky bet right now.

Personally I find Razer gear pretty great, and I guess a lot of people agree because they sold about 70% more of it this year than last year, and sales keep going up and up. Apparently gaming chairs are their biggest profit item, which is kind of funny since those chairs are just made in some generic chair factory in China, same as all the other chairs, and they just slap a Razer logo on them.

I have the Kiyo webcam which is by far the nicest webcam I have ever used, and it got a lot of use over the pandemic. I have the Goliathus mouse mat which is just some LEDs around a big mouse mat, but the quality is great! And their mice are probably the best gaming mice I've used.

I don't rate all their stuff, their headphones and laptops are pretty shaky, but for peripherals, which is their core business, I don't think anyone else really touches them. Logitech stuff is fine but doesn't last like Razer stuff does imo.

 

[Deleted member 14196]

No I don’t agree at all I had one of their keyboards premium keyboards and it was a pile of junk. If you like them you keep using him but I think the rest of the industry knows their secret. They know they suck and that’s why they valuation is poor

 

[TommyTwoTone66]

No I don’t agree at all I had one of their keyboards premium keyboards and it was a pile of junk. If you like them you keep using him but I think the rest of the industry no is there a secret. They know they suck and that’s why they valuation is poor

Again that is not how stock market valuations work. You don't get a report card from the rest of the "industry" and they set your stock price based on that. Your stock price is based on who is buying the stock. If more people are selling than buying, then your price goes down.

Quality and reliability of individual products is meaningless, what matters is how many people are buying those products and are you making a profit by selling them. Razer could be making the absolute worst keyboards in the world but if people kept buying them their profits would increase even further and stock price would go up as well.

 

[Deleted member 14196]

Calm down. And just why is it that people aren’t buying their stock I wonder.