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TSTC - repost from pmony5

TSTC CEO stating Guidance mid Sept after 3rd Qtr was complete... Reports Next Monday before open...Link

http://www.telestone.com/english/investo...

Mr. Han Daqing, Chairman and CEO of Telestone Technologies Corp. (NASDAQ:TSTC) and Richard Wu, VP of Finance, sat down with two China investor analysts at the conference on Tuesday, suggesting investors should consider investing in this company for a good reason. The company is on track with its forecasted revenue and earnings target of $129.4 million and $22.9 million for FY2010. That's an 80 percent top line increase from 2009.

According to the Chairman, investors have to realize that Telestone Technologies Corp. (NASDAS:TSTC) realizes 70% of sales in the third and fourth quarter of any given year, due to the seasonality of the business. Current stock price is under pressure due to "weak" first and second quarter results, but that is about to change, according to the Chairman. Telestone Technologies 2010 second quarter results.
Investors have to realize that the first couple of months of the year is the time for the bidding process - companies like Comba Telecom Systems (HKG:2342) and Telestone (NASDAQ:TSTC) bid for various projects. Most revenues recognized in the first three months are spillovers from last year. Once the bidding process is done, installation starts. These projects include wiring high rises and other mostly concrete structures buildings where normal cellular signal penetration is low. Telesone Technologies Corp. (NASDAQ:TSTC) provides comprehensive solutions for such structures enabling all three national carriers, China Mobile (NYSE:CHL), China Unicom (NYSE:CHU) and China Telecom (NYSE:CHA), so boost their signal within such hard to penetrate buildings. Besides top three carriers, Telestone's fibre optic cables can carry other signals, including cable TV, internet and so on. Bandwidth of the fiber optic cable is 1000 times over the RF coaxial cable in IBS, arch rival Comba Telecom Systems (HKG:2342) uses.

If their company can deliver on its promises, current stock price looks trading at a discount. Investors have to realize that the stock price got a significant boost about the same time last year, going from $6 to $24 in three months, when investors realized that the upcoming two quarters are going to be just robust. But the stock fell back to under $10 and volume diminished as the first two months of 2010 were far off from 2009 third and fourth quarter numbers.