AXIA NETMEDIA J T.AXX

AXX price forecast $2.00

[enigma007]

Just noticed this news on another site. 2 banks have raised their price forecast on AXX to $2.00.

https://zolmax.com/axia-netmedia-pt-raised-to-2-00-axx/51284/

The stock seems to be on a nice tear since early Jan/13. $1.17 to $1.60 (+37%). At this rate it could hit $2.00 before June.

[the_ocotillo]

  The $2 target seems very reasonable for the short term, perhaps even conservative. Longer term I am thinking much, much, higher. The company has spent $150m on network development over the past 5 years. Current EV is about $100m with debt and cash pretty much equal. Share count really hasn't changed that much since 2007 when they started investing in Europe, so they have built interests

[theguru1]

Would be nice to slow the growth and start becoming profitable. The Alberta Supernet is a cash cow and hopefully so will France and Singapore. That being said the company has shown no slowdown in there desire to grow and hopefully become a world wide player. No share dillution in years and great cash flow should bring this companies eps  thru the roof.  Hold on tight and enjoy the ride

[enigma007]

I would agree with that statement, and speaking of EPS it looks like Globe Investor just bumped the current quarter EPS estimate from .01 to .04 !!  That's quite a jump. The 3 month price chart is starting to look pretty good too. 10-Apr-2013 09:02 PM Company Stock Price Alert Axia NetMedia (AXX-T): Current Quarter EPS estimate upgrade   Current Quarter Est. (new):