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SAT-v: Asian Television

post #1 of 7
Thread Starter 
sorry can't find the thread on this one that i started a while back.

huge earnings. this is going to 2 dollars.

Asian Television earns $4.12-million in 2005

2006-03-21 13:32 ET - News Release

Mr. B. Fulton reports

ATN ANNOUNCES RECORD YEAR END RESULTS

Asian Television Network International Ltd. (ATN) has provided financial results for the year ended Dec. 31, 2005. The company had a record year revenue of $7,269,400, a 51.1-per-cent increase over 2004. Net earnings from operations for 2005 were also record breaking at $1,460,995 and exceeding 2004 by $1,006,615, or 221.5 per cent. This was also the company's third consecutive year of positive net earnings. In addition, net earnings after income taxes, includes a non-cash $2,662,000 future income tax recovery. The final earnings for the year are $4,122,995, as compared with Dec. 31, 2004, of $454,380.

FINANCIAL HIGHTLIGHTS
Year ended Dec. 31

2005 2004

Revenue $7,269,400 $4,813,482

EBITDA
(earnings
before
interest,
taxes,
depreciation
and
amortization) $2,025,330 $ 935,142

Earnings
per share $ 0.08 $ 0.04

Net earnings
before taxes $1,460,995 $ 454,380

Earnings
per share $ 0.06 $ 0.02

Net earnings
after taxes $4,122,995 $ 454,380

Earnings
per share $ 0.17 $ 0.02
post #2 of 7
Quote:
Originally Posted by cmail
Be careful with this one, very thinly traded, and apparently much competition coming (www.moneysense.ca, view stocks <$2).

Due diligence is more than a posted news release and a personal opinion. A forecast that it will reach $2 or more should be substantiated with empirical data.
Competition? I don't see anything regarding competition at the link you provided. Can you please clarify what you meant?
post #3 of 7
Thread Starter 
c-mail. i told people about this one when it was about a 25 cents! just because i express an opinion that i think it will go to 2 dollars does not mean it will. we're all adults here and i think i have earned enough respect on this board for people to know that i always try to express my opinion honestly, even if they are not always correct.
post #4 of 7
Oto,

I remember you telling me about this one when it was .12 cents!!! ... although I didn't buy in until it was .30 cents ... it has turned out to be a nice pick.

Thanks
post #5 of 7
Thread Starter 
good, i am glad you are gone. i am sure you are reading this. you clearly have not done your own due diligence as you sanctimoniously and patronizingly counsel others to do, as though they require the enlightenment of your words (prosaic and lifeless as they are). i have posted when i buy, often at the price i buy, supplied extensive dd when i initially post. i have also posted often when i took stock off the table--and have always stated that taking profit whenever profit is got to always be a good idea. if you had truly been following my posts, you would have known this. good riddance cmail.
post #6 of 7
Oto we should all aspire to be as on top of this stuff as you are. I have been watching SAT since you first mentioned it but was unable to buy as i was broke and still in learning mode (still am but have some dough now). I had noticed that it had stalled but then when you mentioned it i went out and looked into the things you said at the beginning of this thread and lo and behold i was inclined to purchase. I promptly made 10% on my money in 3 days. Hopefully i will make a little more than that over the next few weeks.
Thanks for your diligence in sharing your DD with all of use "Newbie"s.

And Cmail, if you are indeed reading this, Oto has been wrong a few times but has been right so many more that we should all aspire to his level of knowledge and learn from his work ethic.
post #7 of 7

Continuing to hold SAT.v. The macro trends are still in place (immigration to Canada). No debt, trading at about a 14 times forward earnings by my calculation. Managment is constructive on future growth as per their Q3 2011 MA&D. The market seems to be taking a wait and see approach, as the stock has pulled back awaiting Q4 earnings.

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