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[TakticalTasha]

>>>CABL<<< Hi Teffy and board, i would like to present CABL.nasdaq to attention of its members, please see some highlights below. (nice board noted and marked)


They are coming off an R/s last year(March) to restrucure debt, THEY DID and Clive Ng stated some BEEFED UP numbers for the Earnings Call in March. Hearing to the tune of 55 Million. The stock has been shorted about 160k from the SEC link. Please let me know what you think.

MUST SEE DD POST:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60603853



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FOR RELEASE AT 8:00am ET

China Cablecom Holdings, Ltd.

China Cablecom Holdings, Ltd. Reports Second Quarter 2010 Financial Results

Binzhou and Hubei operations generated second quarter revenue increases of approximately 30% year-over-year; Company reiterates financial and operational guidance for full year 2010



Second Quarter 2010 Highlights:


Hubei revenues were $10.9 million, an increase of 29% over the second quarter of 2009

Hubei earnings before interest, taxes, depreciation and amortization (“EBITDA”) representing the Company’s 55% share was $2.6 million, an increase of 38% over the second quarter of 2009

Hubei added nearly 23,000 subscribers during the quarter

Binzhou revenues were $3.1 million, an increase of 34% over the second quarter of 2009

Binzhou EBITDA representing the Company’s 60% share was $1.4 million, an increase of 54% over the second quarter of 2009


Comments from Mr. Clive Ng, Founder & Executive Chairman

“We have delivered another quarter of strong performance,” says Clive Ng, Founder and Executive Chairman of China Cablecom. “The first half of 2010 has been a productive year for our joint venture partners and cable operations in Binzhou and Hubei. China’s deployment of digitalization continue nationwide with expectations of a full digital TV broadcasting by 2015, and we are pleased to announce that our digital subscribers have grown 20% from a quarter-to-quarter comparison. We continue to implement aggressive cost-cutting efforts in our China and U.S. operations and with the continued increase in paying subscribers, digital growth and ARPU rates, we are confident in the development of China’s media opportunities and of the future progress of our operations.”

Financial Results for the Second Quarter of 2010

Consolidated revenues for the second quarter of 2010 were $14 million compared to consolidated revenues of $10.7 million for the second quarter of 2009. The increase was due to growth in paying subscribers and revenues generated in subscription and installation fees. Consolidated operating expenses for the second quarter of 2010 were $5.7 million compared to consolidated operating expenses of $4.7 million for the second quarter of 2009.

Based on U.S. GAAP, net loss attributable to ordinary shareholders for the second quarter of 2010 was $2.4 million or $0.39 per basic and fully diluted share compared to a net loss attributable to ordinary shareholders of $4.4 million, or $1.37 per basic and fully diluted share in the second quarter of 2009.

The net loss for the second quarter 2010 was significantly impacted by (1) non-cash amortization of intangible assets which were acquired in connection with China Cablecom's acquisition of Binzhou Broadcasting and Hubei in the amount of $0.37 million and $0.33 million, respectively, (2) non-cash interest expense associated with original issue debt discount and deferred financing costs relating to China Cablecom's senior secured, junior secured and unsecured notes in the amount of $0.93 million, (3) non-cash stock based compensation in the amount of $0.41 million.

Business Outlook

For the full year of 2010, China Cablecom reiterates its revenue guidance of $50-55 million. This includes total paying subscribers of 1.8 million and consolidated digital subscribers of 750,000.




CHART