Central European Media Enterprises (CETV) reported outstanding 1Q08 results and simultaneously issued 2008 guidance well above most analyst estimates. The shares responded very favorably, rising over 9%. I think the stock can easily reach $130 this year and based on longer term projections I think a double remains a distinct possibility. In 1Q, CETV reported […]
My long-time and still favorite media stock, Central European Media Enterprises (CETV), reported much better than expected 1Q08 results this morning. Even better 2008 guidance is way above most analyst estimates (though not far off my own numbers). I’ll be back with more after the conference call but the shares are deservedly trading up 9% […]
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