SearchMedia Holdings Limited (AMEX: IDI) is on The StockGuru Leader Board today. The stock closed up 33.03% on Tuesday.
Volume was 67,750 shares traded.
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About the Company:
SearchMedia Holdings Limited, a multi-platform media company, provides advertising services in the out-of-home advertising industry in the Peoples Republic of China. It provides advertising media in public places, such as billboards, in-elevator displays, street furniture, and transit area displays. Its advertising network also includes neon signs and light boxes; and poster frames located in commercial and residential buildings. As of December 31, 2010, the company operated a network of approximately 1,000 billboards in 15 cities, including Beijing, Hong Kong, Qingdao, Shanghai, Shenyang, Hangzhou, Shenzhen, Guangzhou, Chongqing, and Chengdu; a network of approximately 150,000 printed and digital poster frames in high-rise residential and office buildings in 70 cities; and a bus advertising network of 5,000 buses in Beijing. It serves various industries, such as telecommunications, insurance and banking, automobile, real estate, electronics, and fast moving consumer goods industries. The company is headquartered in Shanghai, the Peoples Republic of China.
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