Replies to post #3680 on China MediaExpress Holdings, Inc. (fka CCME)

[gunnar]

They're doing well enough with their regular network:

22,300 buses @ $22/minute = $12.9 million revenue per month

But just a relatively tiny number of airport buses is bringing in ~25% of that already:

436 buses @ $341/minute = $3.4 million revenue per month

Amazing potential here, the above does not even include the new 5th airport. They got a 5 year contract on the new Hunan contract, I wonder what kind of contracts they have for the other 4.

[pmony5]

Did not know till Investor presentation that CCME won some Airport shuttle biz from FMCN Focus Media. I guess they now know CCME is a competitor .