Last $21.61 USD
Change Today -0.05 / -0.23%
Volume 39.5K
VISN On Other Exchanges
Symbol
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As of 3:59 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

visionchina media inc-adr (VISN) Snapshot

Open
$21.67
Previous Close
$21.66
Day High
$22.20
Day Low
$21.20
52 Week High
01/22/14 - $36.71
52 Week Low
08/30/13 - $1.77
Market Cap
109.5M
Average Volume 10 Days
154.1K
EPS TTM
$-1.88
Shares Outstanding
5.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for VISIONCHINA MEDIA INC-ADR (VISN)

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visionchina media inc-adr (VISN) Details

VisionChina Media Inc., through its subsidiaries, provides advertising services in the People’s Republic of China. It operates out-of-home advertising network using real-time mobile digital television broadcasts to deliver content and advertising on mass transportation systems. The company’s mobile digital television advertising network also delivers real-time content provided by the local television stations. In addition, its network displays real-time news and stock quotes, weather and traffic updates, sports highlights, and other programs; and disseminates public-interest messages and programs that promote the welfare of society, as well as other messages during emergency situations, such as typhoons, earthquakes, and other events that concern public safety. The company’s advertising network consists of digital television displays primarily located on buses, and in subway trains and subway platforms that receive mobile digital television broadcasts of real-time content and advertising. Further, it operates various closed-circuit advertising digital displays in subway platforms and subway trains in Beijing, Chongqing, Guangzhou, Nanjing, Shenzhen, and Tianjin. Additionally, it sells digital television displays or passenger information and direction system to its local operating partners. As of December 31, 2012, the company’s advertising network included 108,567 digital television displays on mass transportation systems in 19 cities. VisionChina Media Inc. sells its advertising time through direct sales force and third party advertising agencies. It has strategic partnership with China United Network Communications Group Co., Ltd. The company was founded in 2005 and is headquartered in Shenzhen, the People’s Republic of China.

642 Employees
Last Reported Date: 03/17/14
Founded in 2005

visionchina media inc-adr (VISN) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

visionchina media inc-adr (VISN) Key Developments

VisionChina Enters into Strategic Partnership with China Unicom

VisionChina has entered into a strategic partnership with China Unicom. The two companies have agreed to establish a long-term, strategic cooperation across a number of areas, including mobile communications and mobile broadband, with the ultimate goal of establishing Wi-Fi service networks on public transit across China.

VisionChina Media Inc. Announces Strategic Partnership with China United Network Communications Group Company Limited

VisionChina Media Inc. announced it has entered into a strategic partnership with China United Network Communications Group Co. Ltd. The signing represents a key milestone in VisionChina's mobile internet strategic initiative to establish its national WIFI service networks on the public transit platform in China. VisionChina Media and China Unicom have agreed to establish a long-term, strategic cooperation across a number of areas, including mobile communications and mobile broadband, with the ultimate goal of establishing WIFI service networks on public transit across China. With its extensive knowledge and experience in mobile communication and the operation of smart cities, China Unicom will devote its advanced 3G and 4G mobile communication networks nationwide to support the development of VisionChina Media's designated national WIFI networks, which VisionChina Media will build independently on its existing nationwide mobile television media networks. By fully leveraging the company's unique advantages in content creation, VisionChina Media plans to provide commuters with enhanced interactive experiences along with high-speed mobile internet access and other value-added mobile communication services.

VisionChina Media Inc., Vision Best Limited, Oak Investment Partners XII, Limited Partnership, Gobi Partners, Inc., Gobi Ventures, Inc., Gobi Fund, Inc. and Gobi Fund II, L.P. and Shareholder Representative Services, LLC and Thomas GaiTei Tsao Announces Proposal of Settlement of Pending Litigation with Selling Shareholder of Digital Media Group

VisionChina Media Inc. and its affiliate Vision Best Limited along with Oak Investment Partners XII, Limited Partnership ("Oak"), Gobi Partners Inc. n/k/a Gobi Ventures Inc., Gobi Fund Inc. and Gobi Fund II, L.P. and Shareholder Representative Services, LLC and Thomas GaiTei Tsao announced that they have reached a confidential settlement of related lawsuits filed in the New York State Supreme Court and the Grand Court of the Cayman Islands, Financial Services Division, arising out of the 2009 acquisition by VisionChina from the Selling Shareholders of Digital Media Group Ltd. The Settlement agreement is expected to be signed and executed in the second quarter of 2014, subject to approval by VisionChina Media's shareholders and other customary closing conditions. The proposed settlement was reached through good faith efforts of all parties to resolve all proceedings and claims, including all claims by the Selling Shareholders against VisionChina for breach of contract with respect to post-closing consideration for the acquisition. Under the terms of the settlement, VisionChina would pay the Selling Shareholders $70 million, consisting of $12 million in cash and $58 million in six-year term convertible promissory notes issued by VisionChina, in addition to certain other consideration. Under the terms of the proposed settlement, the closing of the Settlement Agreement is subject to approval by VisionChina Media shareholders. The Company plans to hold an Extraordinary General Meeting on April 24, 2014 and to publish a notice of the meeting soon. Having thoroughly analyzed the Settlement Agreement and other alternatives available, the Board of Directors of the Company was in the opinion that the settlement is in the best interest of the Company's shareholders. The Directors have decided to enter into the Settlement Agreement and recommend that VisionChina shareholders vote to confirm and approve the Settlement Agreement with the Selling Shareholders.

 

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Industry Analysis

VISN

Industry Average

Valuation VISN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book 5.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.4x
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