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Re: pedro45 post# 10530

Monday, 01/17/2011 6:43:41 PM

Monday, January 17, 2011 6:43:41 PM

Post# of 34471
Pedro:

Re: your comment, "They also may feel a reluctance to spend their cash on something they view as "not immediately essential...."

Nothing demonstrates this decision-making standard of management more than the www.ccme.tv website, translation, videos (including the 8 minute Switow video), transcript(s), and the overall presentation to the English-speaking North American shareholders where CCME trades. I wish there could be, for lack of a better description, an English-speaking North American on the Board of Directors, if not as an upper level manager of the company. For a company that sells premium access to its media space should recognize the importance of its own media presentation to its prospective shareholders. Confidence would improve some with this addition beyond Starr's hand-picked Dorothy (who is, herself, reputable and trustworthy by all accounts).

I'll finish with my usual summation on this issue: The more CCME appears to be the company next door to the mode demographic of its shareholders, which is also the majority of its prospective shareholders (English-speaking Americans and Canadians who are not fluent in Mandarin), the more prospective shareholders will feel comfortable with the total picture and bid shares higher. The company can make 4 bucks a share +/- .03 cents and share prices can reach two different multiples. The factor yielding divergence between these two share prices is the perceived quality and polish of CCME presentation to shareholders.

-Andrew

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