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Grupo Radio Centro, S.A.B. de C.V. Message Board

  • plattypus2000 plattypus2000 Jul 22, 2003 8:04 PM Flag

    up up and away

    Let's see just how much attention can this baby get with the recent results. maybe todays volume will set the pace for the following months. how high do you think the price can go in 3 months

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    • I have no idea how high it can go. I think it is very conservatively valued at $13-$15, though, and likely more if they continue to execute well.

      The important thing is that they are back on track - totally focused on radio and generating cash. This year, I estimate $35M EBITDA, or about $2/share.

      It would be grand if some analyst(s) would start coverage on the stock, but they are typically late to the party. Expect some Buy and Strong Buy's when RC hits $9-$10.