Very impressive how accurate the valuations are. I agree that Rovio's business model isn't as great as CoC and other game publishers.

Think the valuation on Gungho is significantly off though. Gungho made 763 million the first half of 2013, compared to 455 million (http://www.pocketgamer.biz/r/PG.Biz/GungHo+Online+news/news....)