SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: MCsweet who wrote (49513)12/20/2012 9:41:06 AM
From: gcrispin1 Recommendation  Read Replies (4) | Respond to of 78753
 
I have been buying CNET with an average price of .85 cents. Here are my reasons for buying.

Insider Buying

nasdaq.com

Announced Share Buyback

finance.yahoo.com

Fourth Quarter Increase in Revenue Guidance

finance.yahoo.com

Strong Balance Sheet; No long term debt

nasdaq.com

Tangible Book of 1.08: Source Barrons

Concern:

Compression of Operating and Profit Margins Last Year

nasdaq.com

Added Kickers

Recent Article in NYT regarding Chinese Companies Leaving U.S markets

finance.yahoo.com

China Online is in the same sector (advertising) as Focus Media, the company discussed in the article.

There is further discussion in the recent Q&A of the company's presentation regarding the possibility of this company going private. No definitive plans discussed. This is at the 48:13 mark of the presentation.

viavid.adobeconnect.com

The company is projecting a CAGR of 25 percent. I am speculating that 2013 will be a better year for the SME space in China.