$20 million market cap and $500 million in revenues and profitable with significant growth prospects??? What am I missing??
Huge announcement today - Largest % insider buying in market by Chairman & CEO
Lentuo International Announces Management Share Purchase
Lentuo International Inc. 3 hours ago
BEIJING, Jan. 22, 2015 /PRNewswire/ -- Lentuo International Inc. (LAS) ("Lentuo" or "the Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today announced that members of its senior management team, including its Chairman Mr. Hetong Guo and Chief Executive Officer Mr. Jing Yang, will use their personal funds to purchase the Company's American Depositary Shares on the open market for an aggregate amount up to a maximum of US$1.0 million as soon as possible within one month.
Mr. Guo commented, "This share purchase demonstrates our management team's confidence in the long-term prospects of Lentuo's business. We believe we are implementing sound strategies in building our relationship with BMW and other premium brands, cooperating with Bitauto and Youxinpai to expand our online-to-offline platform for high-end pre-owned car business, and enhancing our high-margin after-sales services. We are steadfastly moving our business model towards an emphasis on margins as much as market share. We hope that you, our shareholders, will share our confidence."
12-month target: $10++ .....easy 20-bagger
Take a look at these ridiculous valuations when considering explosive growth potential of company's high-margin new luxury pre-owned sales strategy with partner Bitauto (BITA) and expansion outside Beijing to increase revenues/net income:
Current P/S Ratio of 0.04; 3.8 PE; Price to Book Ratio 0.13; Book Value of 5.12; Enterprise Value to EBITDA of 4.18; 0.96/sh cash
Read LAS articles in SeekingAlpha to understand the huge upside related to investing in LAS under $1.......:)
So much gossip on this board populated by teenagers like you. Do you have anything intelligent to say? Oh yeah, I forgot.....to say something intelligent you have to have brains
The law of gravity is what made you hit your head on the floor after you were born.... moron..
Thank you for the tip. Do you know why this one jumped from $1 to $.87 early this year? Thanks!
Man, I lost almost $20K on this loser. I'll buy back at $2.5
Huge upside and great investment for value investors. New Seekingalpha article " tells all..."GigaMedia Ltd: CEO Recently Bought 365,000 Shares And Guided For 30% Revenue Growth"
Go to seekingalpha site and search for GIGM ...it's the top story.
GIGM CEO filed October 28 that he purchased 365,000 shares of common stock becoming the largest % insider buy of any CEO of a Chinese public company trading in.
The company plans to launch six new games products during 4Q 2014: four new mobile games, one MMO, and one social games platform.
Management expects 4Q 2014 revenues to increase 20-30 percent to approximately $3.0 million to $3.5 million, boosted by new game products and a small increase in cloud revenues.
Total revenues and gross margins are expected to grow substantially starting in 4Q 2014 and continuing into 2015 and beyond due to the combination of: 1) expanding and capitalizing opportunities in several new Asian regions thus increasing addressable markets by at least 10-fold, 2) shifting away from products licensed by other developers towards self-developed products (social casino platforms, mobile games and MMOs)..
GigaMedia Ltd. Finished 3Q 2014 with cash and cash equivalents, restricted cash, marketable securities-current, and the market value of GigaMedia's holdings of a listed game company as of September 30, 2014 totaled approximately $80.4 million, or approximately $1.47/share. Discounting $19 million in debt, the net cash/share results in $1.1/share, or 10% higher than the current share price.
I see $2+ after upcoming "January Effect" because new games will be announced staring next week. Don't miss the boat!!
Thank you. I needed something to help me recover my losses on this dog. With the "January Effect" your GIGM could double.