Grupo Radio Centro, S.A.B. de C.V. (ADR) (NYSE:RC)
A Mexican commercial broadcasting company whose principal line of business is the production and radio broadcasting of musical programs, news, interviews and special events. The Company also operates a radio network in Mexico.
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While this company has done very well over the past year, I dont beleive the end is near. (They've had 85% EPS growth over the past five years). RC is a radio broadcasting company in Mexico, which I still beleive is a strengthening economy.
While the company's ROA and ROE ( 4.69%, 5.59%) are relatively low, they arent bad compared to their peers. RC also has some financial strength since they use little debt to raise their capital. Their margins are nice, have a strong balance sheet, and an attractive cash flow statement.
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Company has litigation pending. Made money during Mexican elections, but profits are negative now. Has low volume. Have been trading it since March 2007 with profits of $1,810. Not a long term hold. Recently traded at $13.74.
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Go mexico radio station clear channel JR i hope
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.. another international play ..
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Stock looks like it's on the rise. Let's see if it keeps rising.
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