Replies to post #6967 on China MediaExpress Holdings, Inc. (fka CCME)

[avant]

Budget? You think maybe it might fit into the 170 millions surplus? C'mon.

[tenenbaum]

When Jacky mentioned the planning for the 2011 budget and the inclusion of a dividend, he also mentioned that there would be updates regarding this issue before the end of this year, iirc.

[SuperDrive]

We can't just keep on hoping that every three weeks a new catalyst will come out just in order for the PPS to sustain itself... The stock is still young, it just needs to build up its credibility and reputation... that should take a few other quarters...

I still think though that we're on the good path, a few weeks ago we were trading at $7 and even at that level there were some hesitations (at least in my case) when thinking about buying shares at that level (what if shorts had a case,...)... Now that psychological floor has been dramatically raised, I'm not a buyer at the present level (though i already own quite a few shares) but if it ever gets to $14, I'll buy the hell out of it...

I guess for a lot of people the picture still looks too good to be true, a few quarters of Deloitte AUDITED earning releases as good as the last one we got will eventually convince them that they were wrong...

Keep your eyes on the ball, Great company here, its called investing: meaning you have to wait a bit to get your profits!