Cramer's TheStreet On Imploding FMCN From 8 Hours Ago: "Upgrading From Hold To Buy"

Tyler Durden's picture

This has to be an almost as epic call as Dick Bove's upgrade of Lehman days before its bankruptcy.

From TheStreet:

NEW YORK (TheStreet) -- Focus Media (Nasdaq:FMCN) has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from the ratings report include:

  • FMCN's very impressive revenue growth greatly exceeded the industry average of 19.2%. Since the same quarter one year prior, revenues leaped by 53.4%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • FMCN's debt-to-equity ratio is very low at 0.02 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 3.87, which clearly demonstrates the ability to cover short-term cash needs.
  • Compared to where it was a year ago today, the stock is now trading at a higher level, reflecting both the market's overall trend during that period and the fact that the company's earnings growth has been robust. Looking ahead, unless broad bear market conditions prevail, we still see more upside potential for this stock, despite the fact that it has already risen over the past year.
  • FOCUS MEDIA HOLDING LTD reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, FOCUS MEDIA HOLDING LTD turned its bottom line around by earning $0.71 versus -$0.78 in the prior year. This year, the market expects an improvement in earnings ($1.71 versus $0.71).
  • The gross profit margin for FOCUS MEDIA HOLDING LTD is rather high; currently it is at 69.70%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 29.50% significantly outperformed against the industry average.

Focus Media Holding Limited, a multi-platform digital media company, operates liquid crystal display (LCD) network using audiovisual digital displays in China. The company has a P/E ratio of 25.3, above the average media industry P/E ratio of 12.2 and above the S&P 500 P/E ratio of 17.7. Focus Media has a market cap of $3.5 billion and is part of the services sector and media industry. Shares are up 15.3% year to date as of the close of trading on Friday.

You can view the full Focus Media Ratings Report or get investment ideas from our investment research center.

h/t bigwavedave

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transaccountin's picture

isn't this site related to cramer ?

Tyler Durden's picture

Not at all. But we are more than happy to serve as content hosts for any Google Adsense advertising clients. Whoever they may be.

Jay Gould Esq.'s picture

Memo to Cramer:

1)Post-it note


3)Adhere to forehead/Appear on-air

redpill's picture

All I can say is...



pupton's picture

Is my memory incorrect of did Cramer make the same call on Bear Sterns? 

CPL's picture

and MF Global...and pretty much every Solar company on the planet.


There just aren't enough shoes to throw at the TV...

knukles's picture

Not to worry.  Pleanty more shoes to lift when Snarko get our collective asses in Iran.

johngaltfla's picture

And BAC, and ___________________ (fill in the name of the crater here).....

Epic TD, Epic.

Pitchman's picture

Netflicks was classic

Nascent_Variable's picture

Someone should investigate Cramer for insider trading.  These calls are way too bad to be the product of playing by the rules.  He must be getting his terrible, inaccurate information through illicit means.

maxcody's picture

bogus info - Bidu only Chinese stock cramer has approved in 6 or more months.

maxcody's picture

bogus info - Bidu only Chinese stock cramer has approved in 6 or more months.

AccreditedEYE's picture

Cramer is a paid shill for The Squid and Fidelity's trading desk. His only real talent is throwing on-air temper tantrums when the Fed wont act fast enough to stop the natural business cycle from occuring.

High Plains Drifter's picture

he pumps and dumps.  he always has done this.   before he was on cnbc he used to use them to help him. now that he is there, he is doing the same thing......he should be in prison.....

Crawdaddy's picture

HPD - my thoughts exactly. When I first saw the Street "buy" and Muddy Waters "strong sell", I figured it was a set up and the Street call was just a Cramer Inc. smoke screen. With no soul to weigh him down, it means nothing to Cramer that he appears as a fool on the Street or CNBS. Especially when Cramer and his insider pals are making bank with shorts on FMNC. Cramer and gang are all criminals and should be in PTITA prison.

Vampyroteuthis infernalis's picture

he pumps and dumps.  he always has done this.

Anyone who listens to Cramer the Clown should lose their money. Suckers!!

FL_Conservative's picture

That's why Cramer should note his picks in pencil. An absolute classic!!

kito's picture

is the catholic church related to atheism?

disabledvet's picture

What google's "adsense"? That's not one of those "we're the media and we're targeting you" things is it?

Tompooz's picture

No, it is one of those "we've dishonoured our cheque to you, because we in our infinite wisdom accuse you of clickfraud--and that is final" things.  

SofaPapa's picture

I can't decide if I find it hilarious or disturbing when I read articles like this one right next to the advertising from Cramer himself.  Surreal for sure.

writingsonthewall's picture

I don't get the Cramer connection.

I only came to this story because it had Cramer in the title.



You must give the people what they want Tyler.


Cramer, Cramer, Cramer.....watchyagonnabuynow?


I feel like I've been duped - I want my clicks back

Reform1776's picture

If Creamer's ads here are pay per click and everyone here clicks on them a few dozen times, does that help ZH and also cause TheStreet to get a bigger advertising bill?

transaccountin's picture

sorry but i swear the original title didnt have cramer written; that or i need to stop drinking

GeneMarchbanks's picture

Tyler bring back the arithmetic question so CNBC employees can't post here anymore.

Zero Govt's picture

no don't please Tyler, always took me 5 attempts even with a calculator to answer the maths questions!

far better just keep spreading the truth, acts like sunlight on Vampires to scare away the CNBC critters

mayhem_korner's picture

the maths questions


If they put an engrish captcha, you're toast.

lotsoffun's picture

i had to post a letter recently to cincinnati - (ouch)  i thanked the young lady that cincinnati wasn't in mississippi.

and then again - there's chrysamthemeum.  (or something like that)



BandGap's picture

That makes my #1 comment of the day!

Is there any more proof that we are experiencing a rip in space-time such that we have entered, and now populate, the mirror image of what we once knew as "earth"?

Up is down, buy is sell, debt is equity. 

ZeroPoint's picture

Does any of this sell-side cheerleading bullshit actually generate any dumb-money sales?

Archimedes Lever Broke's picture

First one bitches!!!!



ROFLMAO about fmcn



edit - my mouse wasn't fast enough dammit!!!

Cone of Uncertainty's picture

The EPICness of your failure is HUGE!!!

Archimedes Lever Broke's picture

cmon, the comments were empty when I typed - fuck my apple too!

Abitdodgie's picture

You see people that own a mac don't really know what they want thats why the Mac does the thinking for you , and it new that you should not post first problem solved.

CPL's picture

Good try quick draw, better luck next time.  There are people watching the new content like hawks.

macfly's picture

That is absolutely genius, I needed a good giggle this morning!!  :-D

Stoploss's picture




bigwavedave's picture

No hat tip for me?

bigwavedave's picture

if you follow me on twitter you would have been even earlier :D im going to stomach cnbc today just to see cramer squirm. lol

sabra1's picture

do they manufacture teleprompters? well, do they?

Rakshas's picture

.....thinking maybe he had a Burgundy moment are you??


LouisHill's picture

Thanks Tyler  That is really funny.  Hoisted on own petard, er maybe should be retard.

electricgorilla's picture

The Street should be a candidate for the top story on