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13 pts

Opinion on  GigaMedia Ltd (GIGM)     Sector: Technology  >  Industry: Computer Services
Bullish on GIGM ...

Apr 23, 2007 01:47 PM GMT
Return Risk
-8.82% HIGH
Associate

Gaming and Gambling in china. Whats not to like about it ? Revenue soared 155% higher to $30.1 million and profits more than quadrupled to $0.17 a share for the last profit. Most recent news, Mr. Chou joins Gigamedia.

via . Yahoo News - Mr. Chou's profile -

More than 20 years of experience in entertainment and advert. industry.

Chairman and chief executive officer of Warner Music for the Greater China Region from 2004 to 2006.

Prior to that, Mr. Chou was MD for  Warner Music

While at Warner Music, Mr. Chou was selected by Time Magazine as one of five "People to Watch in International Business." Mr. Chou was also previously the chairman of the International Federation of the Phonographic Industry in Taiwan.


Update 10/11:

Bear Stearns & Co. Initiates GigaMedia Ltd. At Outperform With $27 Price Target - Posted on Thursday, October 11, 2007 10:02 AM
"Shares of GigaMedia Ltd. hit a multiyear high Thursday after a Bear Stearns analyst initiated coverage of the stock with an "Outperform" rating, citing GigaMedia 's solid presence in the real-money gaming software and online game markets."


GIGM:  This call was made on 04/23/07 @ $14.44
Rating:   Positive   $14.44 (04/23/07)
Gain/Loss:   -71.88% in 948 days
Target:   $17.00 (+17.73%) in Three months


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Astukphoto
Armin Stuk   22%     1 point   commented 560 days ago reply

Earnings: GIGM earned 20¢ in the first quarter, up 43% from Q1, 2007. Analysts (4 of them) are projecting 80¢ earnings for 2008. My little calculator comes up with 93¢ if earnings grow at 10% per quarter. I think Gigamedia can grow revenues and earnings at 50%+++ for years and currently trades at 27 times the last 4 quarters combined earnings.
Sentiment: Bullish

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Astukphoto
Armin Stuk 22% 05/15/2008



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