PhillyD

Focus Media Should Stem Losses on Actionable Call from Goldman

They're investing in more and more screens to put advertising on. They have these screens 'booked' for the forseeable future and other than capital investments are generating cash at a fast and furious clip. This stock is way undervalued to their future FCF and those who invest now will be paid handsomly ... especially in 2009. Is 50% or more growth in less than a year something we can all use? Then FMCN is a great investment.

Long FMCN.

Focus Media: May Be Growing Fast But What About The Cash?

They have had no cash flow problem so far ... they're raking it in large quantities (check out cash flow numbers) AND they have alot owed to it in A/R.

This company is a down and out bargin at this price ... has a HUGE MOAT in that there is no other company competing with it for the INDOOR display market. Their internet business is only icing on the cake and if that ever explodes well look at Baidu and others that have extremely high multiples built into its price. I'm sort of shocked that FMCN doesn't have a large P/E. It's prices more like a bank (in P/E world) than an exponentially growing player in the quickest growing economy in the history of the world that still has almost 1 billion more people to get into the middle class!

I'm long FMCN (for disclosure) and will be even longer come Monday morning.

Thanks for listening,

Phil

Focus Media Holding Limited Q1 2008 Earnings Call Transcript

That was really a great quarter for them and the only 'negative' news was their one time write-off. This caused a 15% reduction in the stock price? That seems absurd. They are growing rapidly and have a huge moat ... no competition for their indoor/private property business and the crazy gov't rules can't get them either.

I was Long FMCN before and I'm going back in for more on Monday morning. This will be over $50 by years end.