Replies to post #10461 on China MediaExpress Holdings, Inc. (fka CCME)

[Drexion2004]

Just like many here, I am looking forward to having the Q1 GAAP results from 2010 be "erased" from the TTM equation... Q1 is generally the weakest quarter seasonally for the company and we should not expect it to completely smash Q4 results IMO.

The recent additions, combined with rate increases, tells me that we won't see a QoQ NI drop from Q4 to Q1, but I'd be careful in expecting a huge increase.

I hate when I stretch my expectations too far and become disappointed with very good results...Hehe...

With that said, certainly a $3.2 TTM EPS is doable by the time Q1 is reported.

-Fernando

[viking86]

Hi Value: I am looking forward to the day Q1'11 eps is announced. As you pointed out, GAAP will look very strong this year w/o the 9M+ deemed divi from prefs that weighed Q1'10 eps down from 0.54 (non GAAP) to 0.27 (GAAP). If it comes in this year at 0.80+ as I strongly believe, compared to 0.27, that's a yoy growth of almost 200%. Wow, that would make a nice headline.

Re. ttm eps, I am expecting ttm eps to be about 3.30 (doable) when Q1'11 is announced although 3.40 is possible IF they add more busses, esp. tour busses, and/or book some rev. from new sources early in the Q. I think the update/guidance due to come out soon may give more clues in this respect.