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Re: RyanW439 post# 55378

Wednesday, 10/20/2010 10:24:14 PM

Wednesday, October 20, 2010 10:24:14 PM

Post# of 94785
CCME - RyanW, I agree with you here.

I would suggest that lets focus on CCME's fair value today before going to the analysis paralysis stage. As of today, CCME is still greatly under-valued. It has a TTM PE ratio of 7.18 according to Yahoo Finance, that's very low comparing to its peers such as FMCN and VISN. The stock would be $30 if PE expands to 14.

CCME's monopoly position in intercity bus can last at least a few more years. Beyond that, with CCME's superior management team and cash position, I am sure that CCME could either beat the competitors or find new growth engines within and without the adversing sector.
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