+ Watch AMCN
on My Watchlist
Don't even know what this company does, but there's a lack of SEC statements, it's based in the Caymans, and it has VIEs. I'm going with a red-thumb on this guy.
Good idea for a company, pretty good fundamentals for China.
long or bust
Increase in air travel in China will also increase the prices advertisers pay to have their products shown at airports but at this kind of p/e ratio I can find better investements..
Look for jump before/during the Olympics.
As of close of business on 12/31/07, this was a 1-star Morningstar stock trading at more than double it's Morningstar fair value.
They own virtually all airport advertising media in China.Add this to the increase in volume due to the Olympics.Cha-Ching.
Lots of similar companies in China like this one. FMCN is a great success. Even their tickers look alike. With the coming IPO of CGEN, the market will test it out.
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