Money 101

[TakticalTasha]

Hi LowMan & Board, My name is Tasha and was wondering if you can take a peak through this transcript( will not POST EQUITY NAME FOR Anonymous TAKE) or have any good back ground info on our CEO or this stock. It has been stuck in the PITS for quite sometime now and appears it has started turn. A lot of VALUABLE info here for shareholders. Why would a STOCK with such powerful people behind it, be so LOW? Past year came off an R/S to re-structure some DEBT and might i add did quite well. He has been boasting 50-55million in REVS and was wondering your take on it. Aother earnings call maybe March 09.

Also do you know the SHORT INTEREST. FAiluretodeliver had this thing over 160k Jan .31 who gets the info straight from SEC? I thought with the NEW SHORT RULE IN PLACE This equity would be the FIRST TO SEE A MAJOR CORRECTION!!!!


THOUGHTS??????

-------------------------
Clive Ng (born 1962, Malaysia) is a media sector financier and executive. He has focused primarily on Asian business opportunities and has been instrumental in several joint-venture partnerships between American companies and Asian firms, particularly during the Internet and e-commerce boom of the late 90s and early 2000s. He has also been a founding shareholder in Asian new media firms such as MTV Japan and E*TRADE Asia.

Currently, he is founder and Executive Chairman of China Cablecom Holdings.

http://en.wikipedia.org/wiki/Clive_Ng


--------------------------------

Questions & Answers
Transcript Call Date 10/15/2010Operator: David Kratochvil, Euro Pacific Capital.

David Kratochvil - Euro Pacific Capital: I just wanted to touch on something that was mentioned briefly in the call earlier about provincial consolidation of cable operators. I was wondering if you could provide an update on the timing of what you see happening with Hubei and Binzhou provinces, and what kind of impact you think that might that on the assets and valuations, and if you have any information about any other consolidations that have been taking place, that have already occurred; can you talk about what kind of impact those have had?

Clive Ng - Executive Chairman: Right. Thanks, David. Thanks very much. I'll take a lead on this and maybe you can input later. First of all, the two regions that we're in, Shandong and Hubei are currently undergoing consolidation. Hubei has probably the most advanced consolidation today in China in terms of consolidating their existing assets as well as, they have also listed a public company in China. The second is Shangdong; Shangdong is a larger asset given that it's in 17 cities, in Shandong province and we operate in a venture, in a co-ownership in Binzhou. What we are seeing right now is that Shandong is looking for a consolidation as a provincial play probably within the year. Within Hubei itself, I think within six months plus, we will be in discussions with the Hubei authorities, staff, as well as the government of possibly consolidating our 55% ownership into the public company in which – they're using us a local Asia consolidation play.

David Kratochvil - Euro Pacific Capital: Do you see Cablecom owning shares of the larger entity or just having the other portion that you guys don't own, the portions of this larger consolidation?

Clive Ng - Executive Chairman: I think we're trying to keep our options open. Our view from management would be that it would make probably better economics if we were to take our share and subscribe to the local A share, given that the multiples of cable assets in China are much higher. If you take a comparable as an example, Beijing Gehua, which is traded on the Shanghai Stock Exchange that's about 3 million subscribers and their market cap is about $1.9 billion.

David Kratochvil - Euro Pacific Capital: That's little bit higher than Cablecom's?

Clive Ng - Executive Chairman: Yeah, a little bit higher. We believe given that we have 1.2 million to 1.3 million subs in our joint venture with Hubei, and given that once Hubei consolidates most of their system, they will be probably a 5 million to 6 million subscriber base, which will be much larger than a Beijing Gehua, and we feel that even if you took our 1.0 to 1.3 million, and our 55% ownership which give us close to 700,000, and you're talking about low range of 2s to 3s to 400 per subs, in terms of valuation. So, that's what we are trying to achieve. It's still negotiating with the government. At some instances they might prefer to buy us out, some instances they might want us to roll our stake in for equity. I think we're trying to maximize our shareholders' value. That's what we hope to do.

David Kratochvil - Euro Pacific Capital: Given the efforts by the government to consolidate things on a provincial level, is it safe to say that the opportunity that was presented to Cablecom a few years ago to acquire these assets, those opportunities really don't exist elsewhere in China, given the rollup of all these smaller operators or do opportunities still exist in other second, third tier cities for expansion?

Call Participants
ExecutivesClive Ng : Executive ChairmanDebra Chen : IRSikan Tong : CFOAnalystsAlberto Bassetto : Jayhawk CapitalMichael Wise : Josland and CapitalDavid Kratochvil : Euro Pacific Capital


REMOVED CHART so leave POSTS ANONOMOUS!