Acorn International, Inc. (NYSE:ATV)
CAPS Rating:
An integrated multi-platform marketing company in China, which develops, promotes and sells consumer products and services.
An integrated multi-platform marketing company in China, which develops, promotes and sells consumer products and services.
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Recs
Negative enterprise value
17 months later, still only $11m enterprise value, while EBITA of $8m and below book value, with net tangible assets of $200m. Problems: Chinese multi-level marketing company. bleh. I'm still holding.