$欢聚时代(YY)$ 之前买了一点欢聚时代，在雪球记录一下想法做备份：
1、便宜+还能持续赚钱这是最基础的。
2、然后就是股东回报好：
a、20 年到现在累计通过分红+回购回馈了股东接近 15 亿美元；
b、23 年回报了股东 3.55 亿；
c、今年一季度回购了 5500 万美元，今年预计至少回报股东 2.2 亿美元；
3、我买入的时候市值差不多 17 亿，2.2/17=12.94%，至少这个回报率还不错哈。
4、关于 2、c 这个判断来自于他们的电话会回答：Thank you, Lei. This is Alex. I will take the question. As we've just mentioned, although that the sale of YY Live is not yet conclusive, we remain committed to returning value to our shareholders. In the first quarter, you can see that we have repurchased an additional $54.5 million worth of our shares. As of the end of Q1, we still have around unutilized quota under our current share repurchase program. We intend to continue to execute additional share repurchases and we'll strive to improve our execution consistency in '24. Our last question, please.
要提高 24 年回购执行的一致性，这里的一致性是指要持续回购，因为去年虽然总体回报 3.55 亿，但是中间有 5 个月没有回购一分钱。所以我理解就是 5500万美元*4

#中概捡烟蒂之 1