Sansiri Public Company Limited (BKK:SIRI) Tries To Ride On Back Of Sports


Dallas, Texas 12/18/2013 (FINANCIALSTRENDS) – Sansiri Public Company Limited (BKK:SIRI) more popularly known as SIRIUS XM Radio Inc is a radio broadcasting station with a market cap of $21.12 billion. Over the recent past extending up to the last three months, the stock has been struggling to post positive returns at the browsers. It has managed to post a 11.7 percent dip in its market value over the last 90 days and similar rate of loss has also occurred during trading the past month. Even during the past one week, the stock has been trading 5.1 percent down from its prior 52 week high price points. In spite of the lack of support at the markets for this stock, the company financials have been on steady footing.

Sansiri Public Company Limited (BKK:SIRI) had posted net income of $624 million from net sales of $3.9 billion in the trailing 12 months. In its continued efforts to make sure its market weakness does not percolate into its operations, the radio broadcaster has been leveraging sports and sports icons to reach out to a larger audience across U.S. As part of this continued push, company announced yesterday that it will be providing football enthusiasts live ball by ball commentary for a total of 33 games during this extended college football season. To accomplish this it has managed to sign up a co production agreement with ESPN Radio. As part of its game plan the major championship tournaments which will be covered by the radio broadcaster are “VIZIO BCS National Championship, The Rose Bowl Game Presented by VIZIO, Tostitos Fiesta Bowl, Discover Orange Bowl and Allstate Sugar Bowl”.

A day previously on December 16, Sansiri Public Company Limited (BKK:SIRI) had announced that it will be airing a exclusive chat with World Golf Hall of Fame member Hubert Green who had made a space for himself amongst the games followers thanks to his two-time major championship winning efforts.

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