China Techfaith Wireless Commtn Tech Ltd (CNTF)

[tbirdman]

Conference call is already over:

http://seekingalpha.com/article/1642412-china-techfaith-wireless-communication-technology-limited-discusses-q2-2013-results-webcast?source=yahoo

[RDG013]

Took my profits on my $1.02 shares. I was not willing to go under a 25% profit on flipping those shares and it looked like the price was going to drop right through the $1.20's. Still kicking myself for not selling near $1.90, but heck a profit s a profit. Still have my long term shares in case something big comes out of the conference call tonight.

[Scandle34]

I took 1.45s

[deadjim]

Almost looks like rebuy time. Almost took some for a swing on Monday but decided I'd lose a little more in this crap bio first.. Eyein base revisit here or 1.36 for pop to 1.60? Maybe ?

[RDG013]

Like I said, I just got too frickin greedy! I already have plenty of long term shares, so even if it skyrocketed, I was still good to go. Good thing is, the shares in question were bought a few months ago at $1.02 when I was thinking it was getting ready for one of the old time 20% pops, so still have plenty of room to hold and still hit my original goal.

[Scandle34]

I would rather sell early into strength than watch profits become a loss. it can go as high as it wants after I sell for a profit.

[deadjim]

Occasionally when I sell into strength people ask me "how did you know that was a top" to which I reply "I had no f'n clue that it was"

Sometimes you sell a high sometimes only to cry as you watch it go higher.. Important part is consistently selling into strength. Atleast some. I'm sure you know this, I'm just yappin

[RDG013]

I have spent a few years flipping this one, adding a few free shares with every flip. If I would have flipped in the $1.80+ range as my gut told me to do, could have added at least 1,000, bought back in today in the $1.40's and still pocketed some cash. Sadly, greed got to me this time! Even if the darn thing keps running north, I still had my old shares, although some of them are from over $3.

Of course, since I just kept a few on my flips, they really are free shares. I would like to keep doing that and see where this one goes in the long term. If their financial are anywhere close to being correct, cash value has consistently been well over $3.

[Scandle34]

took mine too early (1.58) but back in at 1.45

[surfer44]

Bought a few more shares today. Couldn't resist with all that cash on the balance sheet. They'll find something good to do with it.

[RDG013]

OK, I blew it by not flipping in the $1.80-$1.90 range yesterday! Had no reason not to take those profits on my $1.02 shares with a nice stash of long term shares already sitting in my account! Could have pocketed 1000-1500 more free shares, bought back in here and still have some profits in my pocket????????????

[RDG013]

Well, the morning will be intersting. If it starts with more downward momentum, it may break right through the $1.55 Support. That being said, if the profit taking is over, maybe another straight line up in the morning? Just impossible to tell given recent history.

[deadjim]

Support 1.55 area... Dunno from here. Nothing to go by yet

[RDG013]

Looks like profit taking going into the close. Still have 20 minutes to go, so have to wonder if that reverses and we ned with a little strength?

[surfer44]

Whoa Nelly

[deadjim]

Magic.

[RDG013]

$1.62? How about $1.80? What is going on here?

[deadjim]

Beauty 1.62s

[deadjim]

Nice move

[RDG013]

I have not seen strength like this here for quite some time. Still holding off flipping my $1.02 shares. Probably should, as I have some long term freebies from my old flips that are not going anywhere, but have a lot of profit room to play with the $1.02 from a few months ago. Almost let them go in the $1.20's last week and glad I did not.

If there is anything in these upcoming financials, CNTF could run right into the conference call next week.

[tbirdman]

Weeeeeee

[RDG013]

Looks like CNTF may be weakening. Let's see how the trend is in the morning.

[RDG013]

I saw the link. They would not comment, so hard to know for sure. If there is anything to it, that should come up on the conference call.

That being said, even if I do flip and it runs on me, I do still have some of my old shares, all of which are over 1 year old, so lower taxes if we hit the big gain!!!!!

[tbirdman]

You might want to read that link I posted for you. This isn't a random move...

[RDG013]

I almost flipped my $1.02 shares when we came back down to $1.18 this AM, but decided to let them ride for a bit. It has been so long since we had a move here, that my gut is telling me there may be more room to run.

[deadjim]

Back to highs here, very nice

[joenatural]

E-mail from IR concerning $3.77 buyout article ........

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90660439

[Grizzlies901]

You could very well say that about every Nation on this planet dude. If your smart, you will see whats happening.

Gold goes up, China goes to nothing.

China goes up again, gold goes back to 800.

To be honest, they just like America have crooked companies, but sitting here not seeing what WallStreet has done because the Country is so quiet is comical. Now, they will make money on China so called fraud stocks, put them back to 08/09 levels, drop the gold, then re-do the entire process again in a year or two.

[RDG013]

Exactly why it is not a bad idea to play the swings and flip into free shares with this, or any Chinese stock. Personally, I think this one has a ton of potential and appears to have a great product and track record, but you just never know for sure.

Chinese economy on too of all the lies, frauds, and book cooking coming out of that worthless country. China stocks just been taking a beating. You gotta assume the government is cooking and manipulating their books as well. Just a ticking time bomb waiting to explode .. In my opinion. But hell ill play anything if it can move

[deadjim]

Chinese economy on too of all the lies, frauds, and book cooking coming out of that worthless country. China stocks just been taking a beating. You gotta assume the government is cooking and manipulating their books as well. Just a ticking time bomb waiting to explode .. In my opinion. But hell ill play anything if it can move

[RDG013]

Well, we have been riding down near $1 for a very long time now with very few swings. If this is waking up again, your entry may end up being very cheap. The only thing that has really changed with this stock since it was at $6 a couple of years ago is the overall Chinese economy. Seems to have hit CNTF pretty hard, yet they are still raking in decent profits.

From 2008-2011, you have a 20%+ flip available every other week, with a nice long uptrend. Sure would love to see that again!

[deadjim]

Nah it's cool.. I'm a little jealous. 1.02 is great, nice job. I bought when it started new highs eod, so entry was a bit of a chase daily but looked killer intra

[RDG013]

I will always keep some shares here. The new shares I picked up a few months ago were purchased with the intent to flip. I thought it was getting ready exactly for what we finally saw on Friday. CNTF has a great history of 20%-30% swings on a consistent basis other than recently. If we are getting back to that, it is a great way to add to my LT holdings while making a few bucks with every flip.

I agree with you that we appear way undervalued here, but I have more shares to hold for that and hopefully will add to that total with more flips like the past. In fact, everthing I own here is free from past flips. The new ones I bought at 1.02 don't even put a dent on my overall profits here over the years.

[deadjim]

If you own this from 1.02 why would you sell? The only risk you have is losing gains.

[RDG013]

HMMMMM is right! That was one big move today. Going to have to be up bright an dearly on Monday to decide if I should flip my lates $1.02 shares, or hold on for a ride? I am hoping we are back in big swing mode. Used to be able to get a 20% swing at least every other week here!

[tbirdman]

Hmmm...

http://mi.techweb.com.cn/tmt/2013-07-29/1313084.shtml

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90622974

[WallStreetMyWay]

Nice that I add to my positions CNTF!!

[RDG013]

Grabbed some this morning. CNTF is due for a 10-20% run. Once we get it, if histor is any indicator, it will be good for quite a few 10-20% flips over the next couple of months. Still do not know why this one does not just skyrocket, but I'll take the flip money for now.

[RDG013]

I am thinking of jumping back in. If this follows its past history, we should be looking at a 20-30% move soon.

[I_trade_better]

Right up until you wrote that...

[Ripdog7570]

Things are looking up here finally.

[beach_trades]

CNTF-I like the Apple Comparison and Value TBD of Samsung Patent Case not yet factored in

CNTF called "APPLE of CHINA" by Analyst. 4.91 Cash/Share now after earnings

Joe Cappello - Analyst

Good morning. I heard an analyst on the TVideo today. Actually, I heard him on two different programs and he is pretty hard on your company. He is projecting -- this guy has got a pretty good accuracy rate on picking lot of stocks or single, double digits going into three digits area there. He said that he believes that your company is going to be the next Apple of China, which is kind of nice to hear from your standpoint. But it’s -- I don’t know he can predict that when you got guys like Samsung and Apple out there that you have to compete with that number. That’s first thing I want to say but I hope the gentlemen is right for your sake.

And on your name I think maybe you should shorten your name to like Apple’s -- Apple, Samsung, Motorola. China Techfaith Wireless kind of like it’s got a negative connotation with the word China in there and Techfaith sounds like it’s a religious organization. So I think I probably come up with a one name and one sellable name for your company, make it lot shorter and sound little bit better

Jay Ji - Senior Vice President

In the communication industry.
Joe Cappello - Analyst

By the way, this guy is a very reputable analyst by the way. He is not some shushing analyst. This guy knows what he’s talking about. So, I wish you the best on that. It would be nice to see your stock go from a penny stock what it is now to at least US$100 a share hopefully more than that you know.

http://seekingalpha.com/article/1023071-china-techfaith-s-management-discusses-q3-2012-results-earnings-call-transcript?page=2


In terms of our balance sheet, we ended the third quarter with a balance of US$265 million in cash and cash equivalents. This compares to US$262 million at the end of Q2. In terms of specific guidance, as noted in our press release, we currently expected total revenue in the third quarter of 2012 to be in the range of $US30 million to $US35 million.

CNTF DD-Coming off Triple Bottom



Insider owns large portion of float and they are suing Samsung. I am parking alot of Cash here for value and also think might go private for 4x as much or more in future

I'll also go with 4.0: seekingalpha.com/author/biotech-breakthroughs

http://seekingalpha.com/article/986281-china-techfaith-an-immensely-undervalued-stock-likely-to-go-private

24-Oct-12 China TechFaith sues Samsung for patent infringement

TechFaith 17VEE to Launch Mobile Games on China Mobile and China Telecom

TechFaith to Further Expand Shipments of Android Smartphones into Hong Kong, South Africa and Latin America

"China Techfaith has over $252 million in net cash on the balance sheet. That is well over 4x its current market capitalization. I know of no other stock on any exchange that trades at less than 1/4 of its cash. Additionally, this cash balance has risen both sequentially and year over year, so cash burn is not currently a concern."

Total Cash (mrq): 252.03M (Cash is up to 265M now)
Total Cash Per Share (mrq): 4.76
Total Debt (mrq): 5.64M
Total Debt/Equity (mrq): 1.75
Current Ratio (mrq): 6.67
Book Value Per Share (mrq): 5.70

[$tockfather]

TechFaith Reports Third Quarter 2012 Financial Results


BEIJING, Nov. 21, 2012 /PRNewswire/ -- China TechFaith Wireless Communication Technology Limited (NASDAQ:CNTF) ("TechFaith" or the "Company") today announced its unaudited financial results for the third quarter ended September 30, 2012.

For the third quarter of 2012, TechFaith reported revenue of US$31.5 million compared to US$32.4 million in the second quarter of 2012 and US$80.6 million in the third quarter of 2011. This is in line with the Company's prior guidance for third quarter 2012 revenue to be in the range of US$30.0 million to US$35.0 million. Gross profit for the third quarter of 2012 was US$7.2 million compared to US$7.3 million in the second quarter of 2012. Gross margin for the third quarter increased slightly to 22.8% compared to 22.6% in the previous quarter. Net income attributed to TechFaith for the third quarter of 2012 was US$0.9 million or US$0.02 per basic and diluted weighted average outstanding ADS, compared to a net loss of US$0.7 million or US$0.01 loss per basic and diluted weighted average outstanding ADS in the second quarter of 2012.

Miss Ouyang Yuping, TechFaith's Chief Financial Officer, said, "The third quarter developed as expected with a favorable mixed product shipment. Our operating expenses were reduced to US$5.1 million in the third quarter of 2012 from US$8.3 million in the second quarter of 2012. We had lower bad debt expense in the third quarter and lower selling and marketing expenses compared to the previous quarter. While we are starting to see some stability, we remain cautious, given the continued challenging economic environment and uncertain macro demand picture."

Mr. Deyou Dong, President and Chief Operating Officer of TechFaith, said, "We remain focused on developing unique mobile devices targeting certain niche and enterprise segments, which is important given the positive impact on TechFaith's revenue and margins. Our sales team continues to work closely with both local and regional customers to provide tailored solutions. As just one example, during the third quarter of 2012, we benefitted from shipments of our TITAN model to the European and Southeast Asian market."

Mr. Defu Dong, Chairman and Chief Executive Officer of TechFaith, said, "We have enhanced the integration among our applications, software and hardware to better target current market opportunities. We also continue to develop our motion games, mobile games and Disney theme games. We have extensive intellectual property in this area. Our focus on intellectual property helps differentiate our products in a crowded market and helps us add value to customer-tailored solutions. We are also working to further grow our user base in the Internet segment as it provides even greater opportunities for our strategy. We believe this will bring us added synergies and eventual business growth."

Fourth Quarter of 2012 Outlook

The below forecast is TechFaith's current and preliminary view, which is subject to change. TechFaith currently expects total revenue for the fourth quarter of 2012 to be in the range of US$30.0 million to US$35.0 million.

Investor Conference Call / Webcast Details

TechFaith will hold a conference call on Wednesday, November 21, 2012 at 8:00 a.m. U.S. Eastern Time (9:00 p.m. Wednesday, November 21, 2012 in Beijing). The dial-in is [phone] or [phone], with passcode 67589141. A live webcast of the conference call will also be available on TechFaith's website at www.techfaithwireless.com.

A replay of the call will be available approximately 2 hours after the conclusion of the live call by telephone at [phone], with passcode 11634361. A webcast replay will also be available at www.techfaithwireless.com.

[NAMELESS]

Definitely looking good

[beambe]

oh my God

[beambe]

beambe buys for 1,12

[beambe]

oh my God-Volume

[beambe]

I remain in this Juve

[golong22]

Hey beambe...

I took my profits and here and swung back over to VRNG. Party is on again. Read the latest articles.

Cya!

[golong22]

Good opening, according to the price above. ( $1.34.) If Ihub has something called a "break out board" can someone post a link? Thanks.