StockIceMan's Weekly Stock Pick
Week of
December 26, 2005
| Stock: |
GigaMedia Ltd. |
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| Ticker Symbol: |
GIGM - Nasdaq - Internet Service
Providers |
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| Buy: |
2.50 to 2.75 |
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| Sell: |
4.50 |
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|
Info: |
GigaMedia Limited, through
its subsidiaries, provides entertainment and
broadband Internet access services in Taiwan. It
distributes recorded music, as well as DVDs,
VCDs, and ancillary equipment, such as personal
stereo headphones through music store chains in
Taiwan. As of June 15, 2005, the company
operated 45 stores. It provides broadband
Internet access services to consumer and
corporate customers through various technologies
and products, including ADSL, cable modems,
leased-line, and virtual private network. The
company also offers various value-added
services, including free electronic mail,
bulletin boards, and photo albums. As of March
31, 2005, it had approximately 93,775
subscribers. GigaMedia also engages in the
development and licensing of entertainment
software for Internet-based entertainment
markets worldwide. It offers Online
Entertainment Management software that enables
to offer online entertainment, monitor end-user
behavior, and to monetize the traffic and
patronage generated by the end users; and Online
Entertainment Modules, which are customizable
entertainment modules that feature a 3-D
environment, selectable background music, and
local language interface. In addition, the
company provides application services and
consulting services comprising infrastructure
design services and management tools for
Internet property; creation and branding of its
client’s Internet property; transaction
processing design services; and customer support
services. GigaMedia was founded in 1997 and is
headquartered in Taipei, Taiwan. |
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| Financial Info: |
For the nine months ended
revenues decreased 19% to $47.4 million. Net
income from continuing operations totaled $4.2
million up from $573,000. |
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| Key Ratios: |
Current
Ratio: 6.38, Total Debt/Equity: 0.015, Trailing
P/E: 29.90x, Forward P/E: 21.36x, Price/Book:
1.54, Price/Sales: 1.77. |
|
|
| Share Info: |
There are 50.30
million shares outstanding with 21.60
million shares in the trading
float. Institutions own
approximately 7.30% of the shares outstanding.
There have been no insider purchases or sales in the last six months.
Real-Time SEC
Filings
As of 11/10/2005, there were 12,010 shares short.
Net Institutional Buying: 331,203
shares prior to latest
quarter. |
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| Articles: |
GigaMedia Buys World No. 1
Mahjong Site and Leading Asian Game Portal |
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