Entravision Communication (NYSE:EVC)
The Company is a Spanish-language media company utilizing a combination of television, radio and outdoor advertising operations to reach approximately 65% of Hispanic consumers across the U.S. as well as the border markets of Mexico.
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As of December 31, 2011, revenue generated by its television segment accounted for 68% and radio segment accounted for 32%. It generates revenue from sales of national and local advertising time on television and radio stations. On January 3, 2011, it acquired Lotus/Entravision Reps.
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This stock will grow in value following the demographic trends of the US.
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Going to wait in real life to consider a purchase..
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Growing Hispanic market. Growing levels of disposable income. Advertisers love this demographic.
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Managements aggressive stance on restructuring.
World Cup
Latin Community
Improving Market Conditions
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With a strong hold on the ever growing (and growing in importance) Spanish market, especially in areas where upcoming important political battles will take place and with the need of companies to expand their products to all available consumers, this company is well positioned to do quite well. I've been invested in EVC since they were $0.30 in March 09 and am quite confident they will reach $8+ in the next 2-4 years.
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Decently run Hispanic television media (not necessarily radio) makes for a good buyout target. Likewise, the financials givent eh sectors lack of strength is decent.
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Lomg term, demographics going the right direction in the markets they serve. Trading at a reasonable rate as compared to 6 months ago. Been waiting to buy this one and at this rate I'm in!
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Following WPO's investment here. I'll take all 20 TV stations for under 50mil each, and you throw in the radio and the rest.
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