CCME: A Good Deal Thanks to the Shorts

Glen Bradford submits:

Global Hunter Securities came out with a positive report on China MediaExpress (CCME) after visiting the company and pretty much confirming half of CCMEs existing business. You can view that report here. You can also read China Media Expresss Chairmans response to the various negative research reports that are circulating out there here.

My estimate for Q4 is $0.81 per share. Normally, a company like this would come at a growth multiple, and that doesn't even take into account the $170-$200M in cash that I believe they have in the bank right now.

Below, I have attached my napkin projections that you might want to compare to your own when you try to value this company. I feel that these projections are for the most part understated, because there is a lot of potential upside that I didnt take into account. Considering that the company is growing, and that my


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