Nam Tai Property Inc (fka NTP) (NTP)

[Renee]

NTP changed to NTPIF. Delisted from the NYSE to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

[Jake L]

NTP - Stocks To Buy Right Now

[ae kusterer]

ALERT: 2/21/2021

Dear Clients and Prospects:

Our Focus will be NAMTAI

Namtai (NTP) (Model Portfolio #12) Could become a Multi-Bagger

We've scheduled a ZOOM CALL for 2/22/21 @ 4pm Eastern

Join Zoom Meeting:(subscribe at alphavestcapital.com; then you will see zoom meeting link.)

NTP is a real estate play in Shenzhen, China. A trial began 1/29/21 in the British Virgin Islands. A ruling could come in early March.
At stake is control of the Board of Directors. AVC will make the case for multi-bagger upside, based on events starting in weeks.

Send me an email [e-mail] if you would like to ask questions, or have me give you a call.

Joe Pratt - Head of Research

[KOmani]

Looks like some short is trying to shake the tree to see what falls out.

If some support builds, it will be a decent pop from here.

I hate when the ask gets stuffed as support is building slowly.

(10 minutes later) Well, looks like support woke up after reading the News?

Regardless, 20% below Private Placement seems like a big discount?

We shall see if the market agrees with that.

[KOmani]

Private placement at $9.15 and this trades in the low $7s ?

[whytestocks]

NEWS: $NTP Nam Tai Property Inc. Announces Resignation of Director and Chief Executive Officer

SHENZHEN, China , Sept. 14, 2020 / PRNewswire/ -- Nam Tai Property Inc. (" Nam Tai " or the "Company") (NYSE Symbol: NTP) today announced that Mr. Ying Chi Kwok ("Mr. Kwok") has resigned as the Director of Board and Chief Executive Officer of the Company due to personal reasons...

Find out more NTP - Nam Tai Property Inc. Announces Resignation of Director and Chief Executive Officer

[fjones]

if you follow this stock, please visit www.namtaiproperty.com, a 3rd party website created to provide current or prospective investors with additional information and research on the company. There is a related twitter handle @ilovenamtai

[Enterprising Investor]

Nam Tai Property Inc. Announces Results of its Cash Tender Offer (9/07/15)

SHENZHEN, China, Sept. 7, 2015 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) announced today the results of its previously announced cash tender offer to purchase 15,000,000 of its Common Stock, par value $0.01 per share (the "Shares") at a purchase price of $5.50 per Share, which expired at 5:00 P.M., Eastern Daylight Time, on Friday, September 4, 2015.

Based on the count by Computershare Trust Company, N.A., the Depositary for the tender offer, an aggregate of 3,523,574 Shares were properly tendered and not withdrawn, including 68,772 Shares tendered by Notice of Guaranteed Delivery. Accordingly, pursuant to the terms of the tender offer and applicable securities laws, the Company has accepted for purchase up to 3,523,574 Shares at a purchase price of $5.50 per Share subject to the 68,772 Shares tendered by Notice of Guaranteed Delivery be covered/presented for valid tender. The aggregate purchase price that the Company will pay for the Shares will be up to $19,379,657, excluding other fees and expenses relating to the tender offer.

The Company has instructed the Depositary for the tender offer to promptly make payment on its behalf for the Shares validly tendered and accepted for purchase. Immediately following its purchase of the tendered Shares, the Company expects to have 36,094,748 Shares issued and outstanding.

If you have any questions regarding the tender offer, please contact Georgeson Inc., the Information Agent for the tender offer, at [phone] (toll-free).

ABOUT NAM TAI PROPERTY INC.

We are a property development and management company located in Shenzhen, China. Prior to becoming a property development and management company, we were an electronic manufacturing service company. In April 2014, we ceased our LCM manufacturing business and turned our focus to re-developing two parcels of land in Gushu and Guangming, Shenzhen, China, by converting these two parcels of land that formally housed our manufacturing facilities into high-end commercial complexes. We believe our principal income in the future will be derived from rental income from our commercial complexes.

Nam Tai Property Inc. is a corporation registered in the British Virgin Islands and listed on the New York Stock Exchange (Symbol: "NTP").

Please refer to the Nam Tai website (www.namtai.com) or the SEC website (www.sec.gov) for Nam Tai press releases and financial statements.

http://www.prnewswire.com/news-releases/nam-tai-property-inc-announces-results-of-its-cash-tender-offer-300138547.html

[Enterprising Investor]

Nam Tai Property Inc. Share Repurchase By Way of a Cash Tender Offer (8/14/15)

SHENZHEN, China, Aug. 14, 2015 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) announced that, in connection with its share repurchase by way of a cash tender offer of up to fifteen million (15,000,000) of its issued and outstanding Common Stock, par value $0.01 per share (the "Shares") at a purchase price of $5.50, net per share, Nam Tai has received confirmation from each of its directors and executive officers that none of them intends to tender his or her shares in the Company. Nam Tai also wishes to clarify a market rumor that, as confirmed by each of its directors and executive officers, none of them intends, or is in discussion with a third party, to effect a going-private transaction.

This announcement is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell Nam Tai's shares. The solicitation of offers to buy Nam Tai's shares will only be made pursuant to the offer to purchase, to be issued in connection with the commencement of the tender offer (as may be amended or supplemented), the related letter of transmittal, and other related documents that Nam Tai intends to send to holders of its shares. The tender offer materials will contain important information that should be read carefully before any decision is made with respect to the tender offer. Those materials will be distributed by Nam Tai to the holders of its shares at no expense to them. In addition, all of the materials (and all other offer documents filed with the SEC) will be available at no charge on the SEC's website at www.sec.gov and by contacting the information agent for the tender offer, Georgeson Inc. by telephone at: Toll-Free [phone].

http://www.prnewswire.com/news-releases/nam-tai-property-inc-share-repurchase-by-way-of-a-cash-tender-offer-300128649.html

[Enterprising Investor]

Tracking Kahn Brothers Portfolio - Q2 2015 Update (7/30/15)

http://seekingalpha.com/article/3373745-tracking-kahn-brothers-portfolio-q2-2015-update

Nam Tai Property Inc. (NYSE:NTP): The 2.37% of the US long portfolio NTP stake was increased by more than one-third in Q1 2014 at prices between $5.59 and $7.27. Q4 2014 saw an about-turn as the position was reduced by 21% at prices between $4.18 and $6.07. Last quarter saw minor additional trimming while this quarter saw a marginal increase. The stock currently trades at $4.71. The original position was a ~2% (~400K shares) stake established in 2001.

Note: Kahn controls 6.85% of the business through his ownership of just over 2.9M shares of NTP.

[Enterprising Investor]

Sifting The World For M&A Opportunities: Halliburton, Reynolds American, Nokia And More... (8/03/15)

http://seekingalpha.com/article/3389515-sifting-the-world-for-m-and-a-opportunities-halliburton-reynolds-american-nokia-and-more?isDirectRoadblock=false&app=1&uprof=44

[Enterprising Investor]

Tender Offer (8/03/15)

http://www.sec.gov/Archives/edgar/data/829365/000119312515273932/d92023dex99a1a.htm

[Enterprising Investor]

Nam Tai Property Inc. Share Repurchase by Way of a Cash Tender Offer (8/03/15)

SHENZHEN, China, Aug. 3, 2015 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) announced that its board of directors has approved and it is commencing a cash tender offer today to purchase up to fifteen million (15,000,000) of its issued and outstanding Common Stock, par value $0.01 per share (the "Shares") at a purchase price of $5.50, net per share. The tender offer will be subject to the terms and conditions described in the offer to purchase and the related materials that will be distributed to holders of the shares and filed with the Securities and Exchange Commission (the "SEC") today. The tender offer is expected to commence on August 3, 2015 and to expire on September 4, 2015, and will be conducted in accordance with SEC Rule 13e-4.

"Further to our previous tender offer launched in late April 2015, we believe that our current stock price has continued to be negatively impacted by unfavorable global stock market conditions and the unfamiliarity of investors with the real estate market in China. With our new tender offer announcement today, we reaffirm our confidence and optimism in the long term future of the Company and continue to execute on our strategy of returning capital to shareholders," said Mr. M. K. Koo, chairman of Nam Tai.

Neither Nam Tai, its board of directors nor the information agent nor any of their affiliates is making any recommendation to holders of the Shares as to whether to tender or refrain from tendering their Shares. This tender offer is offered to all of our shareholders, including our directors and executive officers, who may tender their shares if so desired. The information agent for the tender offer will be Georgeson Inc. and the depositary for the tender offer will be Computershare.

This announcement is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell Nam Tai's shares. The solicitation of offers to buy Nam Tai's shares will only be made pursuant to the offer to purchase, to be issued in connection with the commencement of the tender offer (as may be amended or supplemented), the related letter of transmittal, and other related documents that Nam Tai intends to send to holders of its shares. The tender offer materials will contain important information that should be read carefully before any decision is made with respect to the tender offer. Those materials will be distributed by Nam Tai to the holders of its shares at no expense to them. In addition, all of the materials (and all other offer documents filed with the SEC) will be available at no charge on the SEC's website at www.sec.gov and by contacting the information agent for the tender offer, Georgeson Inc. by telephone at: Toll-Free [phone].

http://www.prnewswire.com/news-releases/nam-tai-property-inc-share-repurchase-by-way-of-a-cash-tender-offer-300122335.html

[Enterprising Investor]

Nam Tai Property Inc. Announces Results of its Cash Tender Offer (6/01/15)

SHENZHEN, China, June 1, 2015 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) announced today the results of its previously announced cash tender offer to purchase 3,000,000 of its Common Stock, par value $0.01 per share (the "Shares") at a purchase price of $5.50 per Share, which expired at 5:00 P.M., Eastern Daylight Time, on Friday, May 29, 2015.

Based on the count by Computershare Trust Company, N.A., the Depositary for the tender offer, an aggregate of 8,278,235 Shares were properly tendered and not withdrawn, including 317,804 Shares tendered by Notice of Guaranteed Delivery. Accordingly, pursuant to the terms of the tender offer and applicable securities laws, the Company has accepted for purchase 3,000,000 Shares at a purchase price of $5.50 per Share. The aggregate purchase price that the Company will pay for the Shares will be $16,500,000, excluding other fees and expenses relating to the tender offer.

The Company has instructed the Depositary for the tender offer to promptly make payment on its behalf for the Shares validly tendered and accepted for purchase. Immediately following its purchase of the tendered Shares, the Company expects to have 39,618,322 Shares issued and outstanding.

If you have any questions regarding the tender offer, please contact Georgeson Inc., the Information Agent for the tender offer, at [phone] (toll-free), or WestPark Capital, Inc., the Dealer Manager for the tender offer, at [phone].

http://www.prnewswire.com/news-releases/nam-tai-property-inc-announces-results-of-its-cash-tender-offer-300091419.html

[Enterprising Investor]

Tracking Kahn Brothers Portfolio - Q1 2015 Update (5/07/15)

Nam Tai Property Inc. (NYSE:NTP): The 1.95% of the US long portfolio NTP stake was increased by more than one-third in Q1 2014 at prices between $5.59 and $7.27. Last quarter saw an about-turn as the position was reduced by 21% at prices between $4.18 and $6.07. This quarter saw minor additional trimming. The stock currently trades at $5. The original position was a ~2% (~400K shares) stake established in 2001.

Note: Kahn controls 6.85% of the business through his ownership of just over 2.9M shares of NTP.

http://seekingalpha.com/article/3151716-tracking-kahn-brothers-portfolio-q1-2015-update

[Enterprising Investor]

Conditions

Priority of Purchases. Upon the terms and subject to the conditions of the Tender Offer, if more than 3,000,000 shares, or such greater number of shares as we may elect to accept for payment, have been properly tendered at the purchase price selected by us and not properly withdrawn prior to the Expiration Time, we will, subject to applicable law, purchase properly tendered shares on the basis set forth below:

• First, we will purchase all shares tendered by any Odd Lot Holder (as defined below) who:

• tenders all shares owned beneficially of record by the Odd Lot Holder (tenders of less than all of the shares owned by an Odd Lot Holder will not qualify for this preference); and

• completes the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, in the Notice of Guaranteed Delivery.

• Second, subject to the conditional tender provisions described in “The Tender Offer—Conditional Tender of Shares,” we will purchase all other shares properly tendered on a pro rata basis with appropriate adjustments to avoid purchases of fractional shares, as described below.

• Third, if necessary to permit us to purchase 3,000,000 shares, shares conditionally tendered (for which the condition requiring us to purchase a specified number of shares was not initially satisfied) and not properly withdrawn, will, to the extent feasible, be selected for purchase by random lot. To be eligible for purchase by random lot, stockholders whose shares are conditionally tendered must have tendered all of their shares.

[Enterprising Investor]

Tender Offer (4/28/15)

http://www.sec.gov/Archives/edgar/data/829365/000119312515152349/d915698dex99a1a.htm

[Enterprising Investor]

Nam Tai Property Inc. Share Repurchase by Way of a Cash Tender Offer (4/28/15)

SHENZHEN, China, April 28, 2015 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) announced that its board of directors has approved and it is commencing a cash tender offer today to purchase up to three million (3,000,000) of its issued and outstanding Common Stock, par value $0.01 per share (the "Shares") at a purchase price of $5.50, net per share. The tender offer will be subject to the terms and conditions described in the offer to purchase and the related materials that will be distributed to holders of the shares and filed with the Securities and Exchange Commission (the "SEC") today. The tender offer is expected to commence on April 28, 2015 and to expire on May 29, 2015, and will be conducted in accordance with SEC Rule 13e-4.

"Notwithstanding the value of our real estate holdings and favorable business prospects, we believe our current stock price has been negatively impacted by unfavorable global stock market conditions and the unfamiliarity of investors with the real estate market in China. With our tender offer announcement today, we reaffirm our confidence and optimism in the long term future of the Company and continue to execute on our strategy of returning capital to shareholders," said Mr. M. K. Koo, chairman of Nam Tai.

Neither Nam Tai, its board of directors, the dealer manager nor the information agent nor any of their affiliates is making any recommendation to holders of the Shares as to whether to tender or refrain from tendering their Shares. Nam Tai has been advised that none of its directors or executive officers intends to tender any Shares pursuant to the tender offer. The information agent for the tender offer will be Cameron Associate and the depositary for the tender offer will be Computershare. WestPark Capital, Inc. will act as the dealer manager in the tender offer.

This announcement is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell Nam Tai's shares. The solicitation of offers to buy Nam Tai's shares will only be made pursuant to the offer to purchase, to be issued in connection with the commencement of the tender offer (as may be amended or supplemented), the related letter of transmittal, and other related documents that Nam Tai intends to send to holders of its shares. The tender offer materials will contain important information that should be read carefully before any decision is made with respect to the tender offer. Those materials will be distributed by Nam Tai to the holders of its shares at no expense to them. In addition, all of the materials (and all other offer documents filed with the SEC) will be available at no charge on the SEC's website at www.sec.gov and by contacting the information agent for the tender offer, Mr. Kevin McGrath of Cameron Associates, Inc. by telephone at: +1 (212) 245 - 4577.

http://www.prnewswire.com/news-releases/nam-tai-property-inc-share-repurchase-by-way-of-a-cash-tender-offer-300073094.html

[THREE-DAY-TRADER]

NTP didn't play out so good. I got stopped out 3.74 yesterday for measly gain of .02.
Anyhow, I'll watch it for more weakness, could be good buy on next leg down.
But at least another China play (EJ) is showing nice bounce since approx 5.00 so far.

[THREE-DAY-TRADER]

Holding its ground so far since I bought 3.72.
I have a trailing-stop-loss set here on NTP just in case.
Also again will note ex-div qualification due near end of March, so it could be a positive catalyst to help encourage upside & buying over the next week or more.
Glad I identified this thing around March 18-19, & as I result I decided to place a trade here.

[THREE-DAY-TRADER]

I'm seeing a reversal here since 3.70 area I posted about a few days ago, which I think will continue most likely into 4-5 area. Also a nice bonus is the ex-div here soon near end of March, which helps make this attractive to buyers thru March.

[THREE-DAY-TRADER]

In NTP since 3.72 last week. Rebound toward 4's, maybe near 5 for a trade due here I still maintain as likely.

[THREE-DAY-TRADER]

Around 3.60-3.70 and at extremely oversold levels and new lows.
I like NTP at this price. Maybe some would for long term, too. But for a technical short term trade, this is good around 3.70.
should easily get back into 4's or more.

[pro bono]

NTP (FKA NTE) made a nice move in its first trading day subsequent to a name change from Nam Tai Eletronics TO Nam Tai Property inc. NTP. A .48 rise in the pps from an opening of 7.02 to close at 7.50. NTP is a company with a heavy cash surplus and manufacturing properties which will be converted into rental. In addition to a heavy cash surplus NTP's properties are currently carried on its books at the 1993 valuation which will understate the value in terms of 2014 Dollars.

[Penny Roger$]

~ $NTE ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!

$NTE has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
~ http://tinyurl.com/SAR-BUY ~







For a more in Depth study and DD profile, similar to the one contained in this link: ~ http://tinyurl.com/DDexample ~
Click the following link and type ticker or brief message asking me about the DD: ~ http://tinyurl.com/GET-THE-DD ~

What does the scan "Parabolic SAR Buy Signals" mean? Below is an image example and study link.
~ http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:parabolic_sar ~


To find other similar posts of "NTE" utilize the links that follow.
Search MACDgyver's "Parabolic SAR Buy Signals" posts: ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=ParSarBuyScan ~
Search MACDgyver's posts for symbol "NTE": ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=NTE ~
Search Ihub for "NTE" posts: ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=NTE ~


For more in depth training and information visit Chartschool on the Stockcharts page.
~ http://stockcharts.com/school/doku.php?id=chart_school ~


Also don't forget the Ihub Edu Channel.
~ http://investorshub.advfn.com/boards/education.aspx ~


c

[Penny Roger$]

~ $NTE ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!

$NTE has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
~ http://tinyurl.com/SAR-BUY ~







For a more in Depth study and DD profile, similar to the one contained in this link: ~ http://tinyurl.com/DDexample ~
Click the following link and type ticker or brief message asking me about the DD: ~ http://tinyurl.com/GET-THE-DD ~

What does the scan "Parabolic SAR Buy Signals" mean? Below is an image example and study link.
~ http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:parabolic_sar ~


To find other similar posts of "NTE" utilize the links that follow.
Search MACDgyver's "Parabolic SAR Buy Signals" posts: ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=ParSarBuyScan ~
Search MACDgyver's posts for symbol "NTE": ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=NTE ~
Search Ihub for "NTE" posts: ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=NTE ~


For more in depth training and information visit Chartschool on the Stockcharts page.
~ http://stockcharts.com/school/doku.php?id=chart_school ~


Also don't forget the Ihub Edu Channel.
~ http://investorshub.advfn.com/boards/education.aspx ~


c

[BillBadaass]

$NTE • #profittakingtime

[eastunder]

NTE: Q1 EPS 11c vs (8c) Beats 5c Est

Monday , April 29, 2013 08:27ET

QUARTER RESULTS
Nam Tai Electronics, Inc. (NTE) reported Q1 results ended March 2013. Q1 Revenues were $177.50M; +102.16% vs yr-ago; BEATING revenue consensus by +18.33%. Q1 EPS was 11c; +237.50% vs yr-ago; BEATING earnings consensus by +120.00%.

Q1 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:       $177.50M       $87.80M    +102.16%      $150.00M     +18.33% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:                 11c          (8c)    +237.50%            5c    +120.00% 
 ----------  ------------  ------------  ----------  ------------  ----------

[eastunder]

Nam Tai Electronics (NYSE:NTE): The company experienced a healthy Q1, and trounced estimates for earnings and revenue. Earnings per share of $0.11 beat by $0.06, while revenues of $177.4 million beat estimates by $27.4 million. So why has the stock tanked over 30 percent? Turns out, a dismal outlook is sending investors fleeing the company, when it was announced that LCM production may shut down if the margins do not improve.

http://wallstcheatsheet.com/stocks/lower-gas-prices-fuel-wal-mart-target-and-3-other-hot-stocks.html/2/

[ilovestocks85]

time to take major profits, ceiling reached

[stockballer]

The huge post-earnings run this stock has had is soon coming to an end IMO. I wouldn't be shorting it aggressively, but wouldn't want to long it either.

[stockballer]

The huge post-earnings run this stock has had is soon coming to an end IMO. I wouldn't be shorting it aggressively, but wouldn't want to long it either.

[Penny Roger$]

~ Monday! $NTE ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $NTE ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=NTE&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=NTE&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=NTE
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=NTE#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=NTE+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=NTE
Finviz: http://finviz.com/quote.ashx?t=NTE
~ BusyStock: http://busystock.com/i.php?s=NTE&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=NTE >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[MrBankRoll]

Just when I'm about ready to flush this turd..... It shows some signs of life....

5.97 ? 1.15 (23.86%)

[flashman9]

I agree. Management aggressively cut workforce and is cutting remaining wages up to 30%. Not sure how China reacts to this, but my guess is hands off.

Of the Electronics Manu, Nam Tai appears to be the rare gem that is still showing some profit. Razor thin, but in this business cycle, a rarity.

Trying to pick a bottom price on this one is tough. Under $3 in Feb. Would be a great price to see again, but not sure it will fall that far. If the bad news continues this week, it might see $3 as the markets freak out.

Side note - Wall Street Journal article yesterday, over 700 cargo ships anchored off shanghi waiting for cargo, but non being shipped. If we could actively monitor those ships, it would be an excellent signal of early economic recovery.

[MrBankRoll]

The Fools are liking Nam Tai....

Nam Tai Is Right to Be Cocky
By Anders Bylund (TMF Zahrim)
February 10, 2009 | Comments (0)

I think this would be a great time to buy Nam Tai (NYSE: NTE).

The electronics manufacturing specialist reported earnings of historically crummy proportions: $0.08 of non-GAAP earnings per share on sales of $169 million are a swift step off a steep cliff from the $0.25 per share and $187 million seen a year earlier. That excludes $17.3 million or $0.39 per share of goodwill impairment charges. Oh, and management put a stop to that juicy dividend which provided for a nice yield last year. The share price took a 16% plunge on the news during yesterday’s trading.

All of that misery, and I still like Nam Tai? Oh, yeah. And here's why.

Yes, this was a bad quarter. Nam Tai is simply not used to this brand of underperformance. The company reported a small operating loss in the month of December, and felt compelled to point that out in the earnings report. It was "a rare loss in any monthly, quarterly or annual period since 1989, in span of 20 years," and provided "dramatic evidence of the prevailing global economic environment."

Do you notice a sense of entitlement here? A cocky strut with a large chip on the shoulder? A certain ... je ne sais quoi? I do. And I can see why, too.

An operating history like that gives you the right to strut your stuff. Diving into the company’s financial statements to confirm that bold claim, I could only find two quarterly operating losses since 1995, both falling in 2001 when the dot-com bubble popped. A year later, that episode was nothing but a fading memory. When Nam Tai falls off the horse of profitability, it gets right back up again.

If you had bought Nam Tai shares in the summer of 2001 when Mr. Market gave the company the cold shoulder and held them for four years, you'd end up with five times the original investment. That return rivals Apple (Nasdaq: AAPL) at the simultaneous start of the iPod craze.

This is not a sector effect, as direct competitors Flextronics (Nasdaq: FLEX) and Jabil Circuit (NYSE: JBL) never even came close to Nam Tai's share gains during those years Nor was it a general tech-stock rebound -- both Intel (Nasdaq: INTC) and Cisco Systems (Nasdaq: CSCO) saw their shares lose value over the same period. Nope, Nam Tai's gains were Nam Tai's own, but competitive pressures led to margin declines that put the brakes on the stocks upward momentum.

However the shares have now sunk too low, and may stay there until the global recession draws to a close. But Nam Tai looks fairly safe at its current valuation; its market capitalization is now well below cash on hand and the firm holds little debt. So look out, Nam Tai will come roaring back in the end, reinstating dividends and regaining investor confidence. The operating record will once again speak for itself.

http://www.fool.com/investing/international/2009/02/10/nam-tai-is-right-to-be-cocky.aspx

[EZ2]

So far....so good

[MrBankRoll]

Looks like you darn near nailed the bottom today. Hope you do well.

One of only 3 stocks in my portfolio in the red.

After calculating in the special and regular cash dividends, plus the share giveaway a few years ago..... I guess I'm up fiddy cents or so. :~)

I've been thinking I should get out. It's been dead weight for quite some time now.

[timhyma]

Should see some increased sales with the holiday season coming around. Bought a little here, and plan to add if it dips under $12

[EZ2]

in today at $12.28

[MrBankRoll]

Probably should have 3 years ago around 42. Was up about 300% at the time........

[MrSparex]

okay then...sell sell sell?

[MrSparex]

This one looks like a BUY BUY BUY