Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Most undervalued NASDAQ CHINA stock
WHY IS KONG:NASDAQ (5.58 + $.58) the best CHINA buy?
-HOT sector - Wireless entertainment and social networking.
-$3.5 PER SHARE CASH. BACK OUT THE CASH, KONG NON-CASH ASSETS ARE TRADING FOR $2.2 PER SHARE, AN INSANE PRICE FOR A PROFITABLE CHINA WIRELESS STOCK.
-The Top U.S. Hedge Fund, Renaissance, has a stake in KONG. Renaissance is so successful it requires a $10 Million Mininum investment.
http://finance.yahoo.com/q/mh?s=KONG
-The main reason KONG went down from $12 is growth stopped. KONG is back on the growth path. Sales are forecast to increase to $17.5 MM - $18.5 MM range next quarter. The CEO is VERY Bullish about 2008 growth as outlined in Conference:
http://messages.finance.yahoo.com/Stocks...
-CHINA OLYMPICS: KONG has signed a cooperation agreement with China Interactive Sports, the operator of www.Sports.cn , www.Olympic.cn and www.Sport.org.cn , to build and operate the 2008 Beijing Olympics channel of Kong.net.
IMO KONG will not remain a this level of undervaluation for long.. Enjoy the ride.
Most undervalued NASDAQ CHINA stock
WHY IS KONG:NASDAQ (5.58 + $.58) the best CHINA buy?
-HOT sector - Wireless entertainment and social networking.
-$3.5 PER SHARE CASH. BACK OUT THE CASH, KONG NON-CASH ASSETS ARE TRADING FOR $2.2 PER SHARE, AN INSANE PRICE FOR A PROFITABLE CHINA WIRELESS STOCK.
-The Top U.S. Hedge Fund, Renaissance, has a stake in KONG. Renaissance is so successful it requires a $10 Million Mininum investment.
http://finance.yahoo.com/q/mh?s=KONG
-The main reason KONG went down from $12 is growth stopped. KONG is back on the growth path. Sales are forecast to increase to $17.5 MM - $18.5 MM range next quarter. The CEO is VERY Bullish about 2008 growth as outlined in Conference:
http://messages.finance.yahoo.com/Stocks...
-CHINA OLYMPICS: KONG has signed a cooperation agreement with China Interactive Sports, the operator of www.Sports.cn , www.Olympic.cn and www.Sport.org.cn , to build and operate the 2008 Beijing Olympics channel of Kong.net.
IMO KONG will not remain a this level of undervaluation for long.. Enjoy the ride.
DEIX = next NFI WAY better $.80 EPS last year
Hottest NASDAQ Momentum stock $2.08 + $1
DEIX:NASDAQ has risen $1 the last week but is going MUCH HIGHER IMO. $14.77 52 week high insiders bought at $4.50, $.80 EPS last year.
DD SUMMARY:
DEIX:NASDAQ ($2.19) currently has a 62% market share of their portion of satellite radio market. Since 2004, DEIX and SIRI partnered to make SIRI the number one satellite radio brand, increasing SIRIUS' market share from 30% to over 60%.
DEIX earned $.83 in 2006 and traded in the $15 range:
http://finance.yahoo.com/q/bc?s=DEIX&t=2y
The price drop was primarily due to uncertainty in DEIX agreement with SIRI. On November 27, DEIX ANNOUNCED CONTRACT EXTENSION WITH SIRI. THE NEW CONTRACT ALSO HAS AMENDMENTS THAT WILL IMPROVE DEIX FINANCIAL RESULTS GOING FORWARD. With the SIRI contract extension, DEIX rose $1 in last week to $2.08, but I expect the momentum to carry DEIX much higher for then following reasons:
-$14.77 52 week high.
-Large Institutional ownership:
http://finance.yahoo.com/q/bc?s=DEIX&t=2y
-Insiders recently bought at prices over $4.
-$400 million revenue
$44 million market cap
$.40 - $.50 EPS expected for 2008
- Very small float with huge institution ownership.
- Strong probablility of continued renewal of partnership with merged Siri and XM. They currently have 62% market share of their portion of satelite radio market.
- New products continue to roll out - listen to the conference call for details on new products, projections for 08:
http://us.rd.yahoo.com/finance/confcall/...*http%3a//www.shareholder.com/irxml/t/l.cfm?s=Webc...
- Check the recent product awards - they have the products, distribution channels and expertise to meet the needs of a merged satelite radio company and grow their other business segments.
- Their costs associated with non-defective, expired warranty returns will not happen again due to the changes in their amended agreement with SIRI and their changes with their retailers. Without these charges they would have had a positive eps in the recent quarter.
- Management is competent and focused on growing the company, IMO.
- New PR firm for Polk Audio to grow that segment. Home audio market in particular is expected to grow.
- At this PPS this is to attractive to not own. Are their risks. Yes, but at these prices the risk is more than discouned and I expect significant short term price appreciation to the $4 + range.
Hottest NASDAQ Momentum stock $2.08 + $1
DEIX:NASDAQ has risen $1 the last week but is going MUCH HIGHER IMO. $14.77 52 week high insiders bought at $4.50, $.80 EPS last year.
DD SUMMARY:
DEIX:NASDAQ ($2.19) currently has a 62% market share of their portion of satellite radio market. Since 2004, DEIX and SIRI partnered to make SIRI the number one satellite radio brand, increasing SIRIUS' market share from 30% to over 60%.
DEIX earned $.83 in 2006 and traded in the $15 range:
http://finance.yahoo.com/q/bc?s=DEIX&t=2y
The price drop was primarily due to uncertainty in DEIX agreement with SIRI. On November 27, DEIX ANNOUNCED CONTRACT EXTENSION WITH SIRI. THE NEW CONTRACT ALSO HAS AMENDMENTS THAT WILL IMPROVE DEIX FINANCIAL RESULTS GOING FORWARD. With the SIRI contract extension, DEIX rose $1 in last week to $2.08, but I expect the momentum to carry DEIX much higher for then following reasons:
-$14.77 52 week high.
-Large Institutional ownership:
http://finance.yahoo.com/q/bc?s=DEIX&t=2y
-Insiders recently bought at prices over $4.
-$400 million revenue
$44 million market cap
$.40 - $.50 EPS expected for 2008
- Very small float with huge institution ownership.
- Strong probablility of continued renewal of partnership with merged Siri and XM. They currently have 62% market share of their portion of satelite radio market.
- New products continue to roll out - listen to the conference call for details on new products, projections for 08:
http://us.rd.yahoo.com/finance/confcall/...*http%3a//www.shareholder.com/irxml/t/l.cfm?s=Webc...
- Check the recent product awards - they have the products, distribution channels and expertise to meet the needs of a merged satelite radio company and grow their other business segments.
- Their costs associated with non-defective, expired warranty returns will not happen again due to the changes in their amended agreement with SIRI and their changes with their retailers. Without these charges they would have had a positive eps in the recent quarter.
- Management is competent and focused on growing the company, IMO.
- New PR firm for Polk Audio to grow that segment. Home audio market in particular is expected to grow.
- At this PPS this is to attractive to not own. Are their risks. Yes, but at these prices the risk is more than discouned and I expect significant short term price appreciation to the $4 + range.
Hottest NASDAQ Momentum stock $2.17 $14 52 week high:
DEIX has risen $1 the last week or so but is going MUCH HIGHER, $14 52 week high insiders bought at $4.50, $.80 EPS last year!
DD:
DEIX:NASDAQ ($2.19) currently has 62% market share of their portion of satelite radio market. Since 2004, DEIX and SIRI partnered to make SIRI the number one satellite radio brand, increasing SIRIUS' aftermarket share from approximately 30% to consistently over 60%.
DEIX earned $.83 in 2006 and traded in the $15 range.
The substantial drop in share price was primarily due to uncertainty in DEIX agreement with SIRI. On November 27, DEIX ANNOUNCED CONTRACT EXTENSION WITH SIRI. THE NEW CONTRACT ALSO HAS AMENDMENTS THAT WILL IMPROVE DEIX FINANCIAL RESULTS GOING FORWARD. With the SIRI contract extension, DEIX rose $.78 this week to $1.89, but I expect the momentum to carry DEIX much higher for then following reasons:
-$14.77 52 week high.
-Insiders recently bought at prices over $4.
-$400 million revenue
$44 million market cap
$.40 - $.50 EPS expected for 2008
- Very small float with huge institution ownership.
- Strong probablility of continued renewal of partnership with merged Siri and XM. They currently have 62% market share of their portion of satelite radio market.
- New products continue to roll out - listen to the conference call for details on new products, projections for 08:
http://us.rd.yahoo.com/finance/confcall/...*http%3a//www.shareholder.com/irxml/t/l.cfm?s=Webc...
- Check the recent product awards - they have the products, distribution channels and expertise to meet the needs of a merged satelite radio company and grow their other business segments.
- Their costs associated with non-defective, expired warranty returns will not happen again due to the changes in their amended agreement with SIRI and their changes with their retailers. Without these charges they would have had a positive eps in the recent quarter.
- Management is competent and focused on growing the company, IMO.
- New PR firm for Polk Audio to grow that segment. Home audio market in particular is expected to grow.
- At this PPS this is to attractive to not own. Are their risks. Yes, but at these prices the risk is more than discouned and I expect significant short term price appreciation to the $3 + range.
Hottest NASDAQ Momentum stock $2.17 $14 52 week high:
DEIX has risen $1 the last week or so but is going MUCH HIGHER, $14 52 week high insiders bought at $4.50!, $.80 EPS last year!
DD:
DEIX:NASDAQ ($2.19) currently has 62% market share of their portion of satelite radio market. Since 2004, DEIX and SIRI partnered to make SIRI the number one satellite radio brand, increasing SIRIUS' aftermarket share from approximately 30% to consistently over 60%.
DEIX earned $.83 in 2006 and traded in the $15 range.
The substantial drop in share price was primarily due to uncertainty in DEIX agreement with SIRI. On November 27, DEIX ANNOUNCED CONTRACT EXTENSION WITH SIRI. THE NEW CONTRACT ALSO HAS AMENDMENTS THAT WILL IMPROVE DEIX FINANCIAL RESULTS GOING FORWARD. With the SIRI contract extension, DEIX rose $.78 this week to $1.89, but I expect the momentum to carry DEIX much higher for then following reasons:
-$14.77 52 week high.
-Insiders recently bought at prices over $4.
-$400 million revenue
$44 million market cap
$.40 - $.50 EPS expected for 2008
- Very small float with huge institution ownership.
- Strong probablility of continued renewal of partnership with merged Siri and XM. They currently have 62% market share of their portion of satelite radio market.
- New products continue to roll out - listen to the conference call for details on new products, projections for 08:
http://us.rd.yahoo.com/finance/confcall/...*http%3a//www.shareholder.com/irxml/t/l.cfm?s=Webc...
- Check the recent product awards - they have the products, distribution channels and expertise to meet the needs of a merged satelite radio company and grow their other business segments.
- Their costs associated with non-defective, expired warranty returns will not happen again due to the changes in their amended agreement with SIRI and their changes with their retailers. Without these charges they would have had a positive eps in the recent quarter.
- Management is competent and focused on growing the company, IMO.
- New PR firm for Polk Audio to grow that segment. Home audio market in particular is expected to grow.
- At this PPS this is to attractive to not own. Are their risks. Yes, but at these prices the risk is more than discouned and I expect significant short term price appreciation to the $3 + range.
DEIX article on megaphone Nice exposure!
http://www.themegaphone.net/news/deix/the-sirius/xm-merger-who-wins-.html
GG: thanks for the private reply. I will post on this board but I can't repsond privately as I am noty paying subscriber. I remember you from the bubble day at SI!
Good article on DEIX !
http://www.themegaphone.net/news/deix/the-sirius/xm-merger-who-wins-.html
Megaphone: DEIX Biggest winner in Merger:
As time runs out for the DOJ to announce its decision on the pending merger of Sirius and XM Satellite analyst and investors alike anxiously awaited the final decision. Those in favor of and those opposed are weighing in on their opinions in a final flurry of news releases and board postings. But just who is the likely winner once the dust settles?
I'd have to say that the real winner in all this merger mania of Sirius and XM is neither Sirius ( SIRI ) or XM Satellite ( XMSR ) but rather a much smaller and overlooked company " Directed Electronics ( DEIX)" and its shareholders. What, you say? Now how would one figure that?
In an earlier article this writer suggested that the way to play the merger was by investing in Directed Electronics. It appeared to me the stock of Directed Electronics had taken a very undeserved hit when the news was first released about the possible SIRI / XM merger and that the final news of the merger would only benefit Directed Electronics no matter which way the DOJ ruled.
Directed Electronics has many different parts to its business from Home Entertainment Audio (Polk Audio) to Automotive After-market Security and Audio Add-ons (Viper, Python, and Clifford) just to name a few. And of course they have an agreement to market the Sirius product lines. This is where the merger announcement comes into play. Apparently it is believed that Directed Electronics could lose or at least have a harder time in any future negotiations with Sirius if there is a merger. And while this may in fact be the case, the stock of Directed Electronics ( DEIX) was trading about $9.50 when the merger news was announced and had fallen to an unbelievable price of .99 before starting a rebound.
It does appear however that some investors are starting to think "outside the merger box" and have started taking positions in the shares of Directed Electronics. The company and its shareholders saw the shares of DEIX tack on about 73% over the last 10 trading sessions on above average volume.
While the opinions vary greatly about what and when the DOJ will announce its decision, there is one common factor that seem to be appearing from both sides of the street. The share price of both companies have little upside from current levels if the merger is approved and the downside could be substantial if the DOJ rules against this merger.
In my opinion Directed Electronics and its investors will be the clear winners in all this. The company is the leader in Home Audio and Automobile Security with a powerhouse of brand names that has been recognized as leaders in their field for years.
I have no opinion on the benefits or perils of the pending merger with Sirius and XM Satellite. If the merger is approved I would be the first to say, "The King Is Dead,,,,,Long Live the King !" But I will be looking at Directed Electronics to continue its quiet upward movement as its investors cheer from the sidelines.
DEIX DD Summary: $1.89 + $.78 this week $14.77 52 week high $.50 EPS 2008
DEIX:NASDAQ ($1.89) currently has 62% market share of their portion of satelite radio market. Since 2004, DEIX and SIRI partnered to make SIRI the number one satellite radio brand, increasing SIRIUS' aftermarket share from approximately 30% to consistently over 60%.
DEIX earned $.83 in 2006 and traded in the $15 range.
The substantial drop in share price was primarily due to uncertainty in DEIX agreement with SIRI. On November 27, DEIX ANNOUNCED CONTRACT EXTENSION WITH SIRI. THE NEW CONTRACT ALSO HAS AMENDMENTS THAT WILL IMPROVE DEIX FINANCIAL RESULTS GOING FORWARD. With the SIRI contract extension, DEIX rose $.78 this week to $1.89, but I expect the momentum to carry DEIX much higher for then following reasons:
-$14.77 52 week high.
-Insiders recently bought at prices over $4.
-$400 million revenue
$44 million market cap
$.40 - $.50 EPS expected for 2008
- Very small float with huge institution ownership.
- Strong probablility of continued renewal of partnership with merged Siri and XM. They currently have 62% market share of their portion of satelite radio market.
- New products continue to roll out - listen to the conference call for details on new products, projections for 08:
http://us.rd.yahoo.com/finance/confcall/...*http%3a//www.shareholder.com/irxml/t/l.cfm?s=Webc...
- Check the recent product awards - they have the products, distribution channels and expertise to meet the needs of a merged satelite radio company and grow their other business segments.
- Their costs associated with non-defective, expired warranty returns will not happen again due to the changes in their amended agreement with SIRI and their changes with their retailers. Without these charges they would have had a positive eps in the recent quarter.
- Management is competent and focused on growing the company, IMO.
- New PR firm for Polk Audio to grow that segment. Home audio market in particular is expected to grow.
- At this PPS this is to attractive to not own. Are their risks. Yes, but at these prices the risk is more than discouned and I expect significant short term price appreciation to the $3 + range.
DEIX DD Summary: $1.89 + $.78 this week $14.77 52 week high $.50 EPS 2008
DEIX:NASDAQ ($1.89) currently has 62% market share of their portion of satelite radio market. Since 2004, DEIX and SIRI partnered to make SIRI the number one satellite radio brand, increasing SIRIUS' aftermarket share from approximately 30% to consistently over 60%.
DEIX earned $.83 in 2006 and traded in the $15 range.
The substantial drop in share price was primarily due to uncertainty in DEIX agreement with SIRI. On November 27, DEIX ANNOUNCED CONTRACT EXTENSION WITH SIRI. THE NEW CONTRACT ALSO HAS AMENDMENTS THAT WILL IMPROVE DEIX FINANCIAL RESULTS GOING FORWARD. With the SIRI contract extension, DEIX rose $.78 this week to $1.89, but I expect the momentum to carry DEIX much higher for then following reasons:
-$14.77 52 week high.
-Insiders recently bought at prices over $4.
-$400 million revenue
$44 million market cap
$.40 - $.50 EPS expected for 2008
- Very small float with huge institution ownership.
- Strong probablility of continued renewal of partnership with merged Siri and XM. They currently have 62% market share of their portion of satelite radio market.
- New products continue to roll out - listen to the conference call for details on new products, projections for 08:
http://us.rd.yahoo.com/finance/confcall/...*http%3a//www.shareholder.com/irxml/t/l.cfm?s=Webc...
- Check the recent product awards - they have the products, distribution channels and expertise to meet the needs of a merged satelite radio company and grow their other business segments.
- Their costs associated with non-defective, expired warranty returns will not happen again due to the changes in their amended agreement with SIRI and their changes with their retailers. Without these charges they would have had a positive eps in the recent quarter.
- Management is competent and focused on growing the company, IMO.
- New PR firm for Polk Audio to grow that segment. Home audio market in particular is expected to grow.
- At this PPS this is to attractive to not own. Are their risks. Yes, but at these prices the risk is more than discouned and I expect significant short term price appreciation to the $3 + range.
PFSW $1.22 PROFITABLE On line shopping:
One stock I have mentioned before as maybe the cheapest unknown big board stock is PFSW. Why? They aquired Ecost a few years ago, and Ecost is now turning profitable. Ecost atone time had a $500 MM market cap PFSW now trades for about $55 MM market cap. PFSW is trading at 5 X 2007 EBITDA of $10 MM. Another on line retailer OSTK has negative EBITDA and trades for $30.
http://biz.yahoo.com/bw/071128/20071128005246.html?.v=1
NED $8.7 Huge bids ccongrats to those who got in at $7
Cramer mentioned NED today, NED updated website to clarify Label Issue This is great NED will be back to teens soon IMO.
16. No recall
17. No product liability issue
18-19. recycling issue not a safety issue
20. 2% of total shipments affected. less than 5000 out of 229,000.
21. REITERATING guidance from the previous CC.
http://ir.noahtech.com.cn/phoenix.zhtml?...
16. Has there been a recall of any Noah products??
No. There as been no recall of any Noah products whatsoever. As our products meet the highest safety standards, there has been no need to remove any of our products from shelves. Recently some NP800 products were shipped without a RoHS sticker that they require. In an effort to show our customers that we care deeply about their satisfaction, on November 17th, management stated that any customer who had concerns about their purchase of an NP800 that was sold without an RoHS sticker could bring it back for a full refund. So far, less than 1,000 products have been returned. Noah values customer satisfaction and takes it very seriously.
17. Is there a safety concern with Noah products?
There is no concern over the safety of Noah?s products. The concern raised recently was over a missing sticker on the outside of the Noah NP800. The NP800 contains Chromium VI which is approved and widely used in electronic products globally, including the USA, and is perfectly safe as used in our products. However, all products that contain this element are required by RoHS to carry an orange sticker. Some NP800 products were shipped missing this sticker on the outside of the unit. As a trusted brand for children?s education, product safety is absolutely our number one concern and our products and production facilities meet every safety standard.
18. Has the Chinese press reported that your products are unsafe?
There has been some negative press due to misunderstanding surrounding this issue. Noah products exceed all relevant safety standards. Our OEM failed to remember to put an orange sticker on our NP800 in compliance with the China RoHS. We have an effective crisis management program and have contained much of the impact caused by negative media attention.
* First and foremost we immediately initiated concrete measures with our OEMs to ensure that all of our products are in compliance with government safety guidelines and that all of our products have their proper stickers.
* We have told all consumers who have purchased the NP800 without the proper orange sticker that they can return it for a full refund
* We have engaged leading experts in the product safety field to speak publicly about the fact that our products are safe to use by consumers of all ages.
* Lastly, we have launched a series of marketing and advertising campaigns focused on positive brand image and to repair some of the damages done by the negative press.
Cramer mentioned NED today, NED updated website to clarify Label Issue This is great NED will be back to teens soon IMO.
16. No recall
17. No product liability issue
18-19. recycling issue not a safety issue
20. 2% of total shipments affected. less than 5000 out of 229,000.
21. REITERATING guidance from the previous CC.
http://ir.noahtech.com.cn/phoenix.zhtml?...
16. Has there been a recall of any Noah products??
No. There as been no recall of any Noah products whatsoever. As our products meet the highest safety standards, there has been no need to remove any of our products from shelves. Recently some NP800 products were shipped without a RoHS sticker that they require. In an effort to show our customers that we care deeply about their satisfaction, on November 17th, management stated that any customer who had concerns about their purchase of an NP800 that was sold without an RoHS sticker could bring it back for a full refund. So far, less than 1,000 products have been returned. Noah values customer satisfaction and takes it very seriously.
17. Is there a safety concern with Noah products?
There is no concern over the safety of Noah?s products. The concern raised recently was over a missing sticker on the outside of the Noah NP800. The NP800 contains Chromium VI which is approved and widely used in electronic products globally, including the USA, and is perfectly safe as used in our products. However, all products that contain this element are required by RoHS to carry an orange sticker. Some NP800 products were shipped missing this sticker on the outside of the unit. As a trusted brand for children?s education, product safety is absolutely our number one concern and our products and production facilities meet every safety standard.
18. Has the Chinese press reported that your products are unsafe?
There has been some negative press due to misunderstanding surrounding this issue. Noah products exceed all relevant safety standards. Our OEM failed to remember to put an orange sticker on our NP800 in compliance with the China RoHS. We have an effective crisis management program and have contained much of the impact caused by negative media attention.
* First and foremost we immediately initiated concrete measures with our OEMs to ensure that all of our products are in compliance with government safety guidelines and that all of our products have their proper stickers.
* We have told all consumers who have purchased the NP800 without the proper orange sticker that they can return it for a full refund
* We have engaged leading experts in the product safety field to speak publicly about the fact that our products are safe to use by consumers of all ages.
* Lastly, we have launched a series of marketing and advertising campaigns focused on positive brand image and to repair some of the damages done by the negative press.
NED EXPLODING $7.4 $23 3 weeks ago:
DD Summary: NED:NYSE ($7.40) is the buy of the year IMO.
-$4 per share cash
-9 MM float
-Reported $.20 in most recent quarter.
-NED should easily earn $.50 in this fiscal year.
-NED IPO price was $14 and was $23 a few short weeks ago.
Applying a conservative 35 forward PE gives NED fair value as
$.50 X 35 + $4 = $22 per share (another China education stock EDU, trades at PE of 80).
The earnings projections are based on the following assumptions:
2007 net income = $8.7 million.
2008 net income will increase by:
$5 Million in interest on $140 MM raised in IPO
$3 million in increased operating income (thats conservative).
Hence I see 2008 net income of at least $17 million. With 36 MM fully diluted shares that gives about $.45 - $.50 per share.
DWCH has been pumped on every board on Yahoo.
Yes, but most of those seem to be OTC or Pink sheet stocks witn 500 a day volume.. I trade almost exclusively liquid NYSE or NASDAQ stocks, I see no sense buying illiquid OTC stocks when there are so many senior exchange bargains.
HUGE ANALYST DEFENSE COMING
30 day quiet period has almost passed. Watch for underwriting syndicate to issue BUY ratings and FAT prices target on NED soon.. NO BRAINER
NED $7 $4/share cash $.50 forward EPS $14 IPO price
NED:NYSE ($7.05) is the buy of the year IMO.
-$4 per share cash
-9 MM float
-Reported $.20 in most recent quarter.
-NED should easily earn $.50 in this fiscal year.
-NED IPO price was $14 and was $23 a few short weeks ago.
Applying a conservative 35 forward PE gives NED fair value as
$.50 X 35 + $4 = $22 per share (another China education stock EDU, trades at PE of 80).
The earnings projections are based on the following assumptions:
2007 net income = $8.7 million.
2008 net income will increase by:
$5 Million in interest on $140 MM raised in IPO
$3 million in increased operating income (thats conservative).
Hence I see 2008 net income of at least $17 million. With 36 MM fully diluted shares that gives about $.45 - $.50 per share.
From Investor's Business Daily
Noah Education Holdings has two pluses going for it when it goes public this week on the Big Board:Demand for Chinese IPOs remains high, and as a provider of handheld teaching devices, it's involved in education. Chinese families put high value on education. With a government-imposed one-child policy, a growing number of Chinese families with expendable income are able to focus expenditures on an only child. According to government figures, Chinese families spend about 15% of their disposable incomes on education and culture. Such incomes on a per-capita basis have grown almost 7% a year from 2002 to 2006 and are expected to rise more than 8% a year through 2011. "Education is a very hot space in China," analyst Alex Xu of Brean Murray said.
Since private educator New Oriental Education & Technology (NYSE:EDU - News) went public last year, at $15, its share price has more than quadrupled. But while New Oriental teaches in physical classrooms, Noah plies the digital world. It focuses on handheld digital learning devices, or DLDs. These devices come with content that supplements grade-school textbooks. It also sells handheld e-dictionaries. "While Noah may be riding on Oriental's (success), it still has good growth opportunities," analyst Matthew Molberger of Renaissance Capital said. Of the almost 300 million students in China between ages 5 and 19 -- Noah's target market -- only 3% use DLDs. That low penetration rate leaves room for growth, he says. Citing an industry source, Noah says DLD sales in China will grow more than 20% annually over the next couple of years. In a crowded market where the top-five players hold about 80% of the DLD market, Noah says it is No.1 in sales, with about a 30% market share.
Noah in its present form was created in 2004. At that time, the founders took the assets of a five-year-old translation-device business, Noah Industrial, and turned them toward interactive education. Though it's officially based in the Cayman Islands, Noah operates in China through subsidiaries. Noah began selling handheld e-dictionaries in 2004 and handheld DLDs in March 2005. Strong growth in DLD sales is offsetting a slowdown in e-dictionaries. The company has developed about 28,000 courseware titles based largely on content it licenses from educational publishers in and out of China, including Oxford University Press and People's Education Press. It puts a big emphasis on English language courseware. But Noah also covers standard grade-school subjects such as Chinese, math, physics, chemistry and history. Supported by TV ads, Noah's DLDs are sold in bookstores, electronics and department stores, mall kiosks and Noah-branded stores. The company's Web site also offers content for downloading. Efforts are underway to expand content to the fast-growing mobile phone market in China. Noah also is working to fold its technology into other tech devices, such as interactive entertainment consoles and personal digital assistants. To tap into another area of the supplemental education market, Noah recently began offering some after-school tutoring programs.
Noah has enjoyed strong growth since its start-up in 2004. Revenue in its fiscal year ending June 30 totaled $72.9 million, up from $51.6 million the prior year. Net income over that time jumped 77% to $8.7 million.
CHINA rebound: Best stock to buyL
NED:NYSE ($7.05) is the buy of the decade IMO. NED has $4 per share cash and should easily earn $.50 in this fiscal year. NED had IPO price was $14 and was $23 a few short weeks ago.
Applying a conservative 35 PE gives NED fair value as
$.50 X 35 + $4 = $22 per share (another China education stock EDU, tradse at PE of 80).
The earnings projections are based on the following assumptions:
2007 net income = $8.7 million.
2008 net income will increase by:
$5 Million in interest on $140 MM raised in IPO
$3 million in increased operating income (thats conservative).
Hence I see 2008 net income of at least $17 million. With 36 MM fully diluted shares that gives about $.45 - $.50 per share.
I don't see this as a risk- I see it as a slam dunk no brainer.
"perfect storm" of horrible market and product label "non - issue" gave us a gift here. NED is an easy triple in a year.
NED went down $4 because of MINOR product recall:
This is from the Yahoo NED Board. NED down because of the biggest overreaction in history: One older product line was missing a warning label!!
Just finished reading all the Chinese News Releases on Yahoo China:
In sum, only 1 model, MP800, which is an older model, was singled out as the product that was missing the warning label and has a metal substance content that exceeded standards. Noah already issued statement that all unsold product with the missing label will be recalled and anyone that purchased the product can exchange or return the DLD.
In addition, couple of newspapers already issued a retraction of sort saying that earlier reports that said the product will cause cancer is inaccurate. Professors from major china universities, as well as the Chinese government, all quantified that while the substance can caused cancer, it can only be done via direct contact (like licking or eating) or exposure to the fumes. Since the substance is minimial in the DLD and is buried inside the inner contents, exposure to the substance is virtually impossible and that the DLD is safe to use within the life expectancy of the machine itself.
Anyways, don't want to sound like a pumper but I think the selloff was way overdone (only 1 older model was affected). It might affect the company's reputation a little bit in the short term but most of the new growth is targeted to be coming from the development of tutoring centers with recurring revenues. I believe the fair value of the company s/b higher than the current price for sure, since they are projected to make over .50 per share next year.
Why CFC is THE BUY OF THE CENTURY: $4 per share cash and $.45 forward EPS = $20 fair value
NED is the buy of the decade IMO. NED has $4 per share cash and should easily earn $.45 in this fiscal year.
Applying a conservative 35 PE gives NED fair value as $.45 X 35 + $4 = $20 per share.
The earnings projections are based on the following assumptions:
2007 net income = $8.7 million.
2008 net income will increase by:
$5 Million in interest on $140 MM raised in IPO
$3 million in increased operating income (thats conservative).
Hence I see 2008 net income of about $17 million. With 36 MM fully diluted shares that gives about $.45 per share.
NED went down $4 because of MINOR product recall:
This is from the Yahoo NED Board. NED down because of the biggest overreaction in history: One older product line was missing a warning label!!
Just finished reading all the Chinese News Releases on Yahoo China:
In sum, only 1 model, MP800, which is an older model, was singled out as the product that was missing the warning label and has a metal substance content that exceeded standards. Noah already issued statement that all unsold product with the missing label will be recalled and anyone that purchased the product can exchange or return the DLD.
In addition, couple of newspapers already issued a retraction of sort saying that earlier reports that said the product will cause cancer is inaccurate. Professors from major china universities, as well as the Chinese government, all quantified that while the substance can caused cancer, it can only be done via direct contact (like licking or eating) or exposure to the fumes. Since the substance is minimial in the DLD and is buried inside the inner contents, exposure to the substance is virtually impossible and that the DLD is safe to use within the life expectancy of the machine itself.
Anyways, don't want to sound like a pumper but I think the selloff was way overdone (only 1 older model was affected). It might affect the company's reputation a little bit in the short term but most of the new growth is targeted to be coming from the development of tutoring centers with recurring revenues. I believe the fair value of the company s/b higher than the current price for sure, since they are projected to make over .50 per share next year.
Why CFC is THE BUY OF THE CENTURY: $4 per share cash and $.45 forward EPS = $20 fair value
NED is the buy of the decade IMO. NED has $4 per share cash and should easily earn $.45 in this fiscal year.
Applying a conservative 35 PE gives NED fair value as $.45 X 35 + $4 = $20 per share.
The earnings projections are based on the following assumptions:
2007 net income = $8.7 million.
2008 net income will increase by:
$5 Million in interest on $140 MM raised in IPO
$3 million in increased operating income (thats conservative).
Hence I see 2008 net income of about $17 million. With 36 MM fully diluted shares that gives about $.45 per share.
HUGE NED went down $4 because of MINOR product recall:
This is from the Yahoo NED Board. NED down because of the biggest overreaction in history: One older product line was missing a warning label!!
Just finished reading all the Chinese News Releases on Yahoo China:
In sum, only 1 model, MP800, which is an older model, was singled out as the product that was missing the warning label and has a metal substance content that exceeded standards. Noah already issued statement that all unsold product with the missing label will be recalled and anyone that purchased the product can exchange or return the DLD.
In addition, couple of newspapers already issued a retraction of sort saying that earlier reports that said the product will cause cancer is inaccurate. Professors from major china universities, as well as the Chinese government, all quantified that while the substance can caused cancer, it can only be done via direct contact (like licking or eating) or exposure to the fumes. Since the substance is minimial in the DLD and is buried inside the inner contents, exposure to the substance is virtually impossible and that the DLD is safe to use within the life expectancy of the machine itself.
Anyways, don't want to sound like a pumper but I think the selloff was way overdone (only 1 older model was affected). It might affect the company's reputation a little bit in the short term but most of the new growth is targeted to be coming from the development of tutoring centers with recurring revenues. I believe the fair value of the company s/b higher than the current price for sure, since they are projected to make over .50 per share next year.
Why CFC is THE BUY OF THE CENTURY: $4 per share cash and $.45 forward EPS = $20 fair value
Only 1 message in discussion
From: Jeff.corm...@gov.ab.ca - view profile
Date: Tues, Nov 20 2007 7:48 pm
Email: Jeff.corm...@gov.ab.ca
Not yet ratedRating:
show options
Reply | Reply to Author | Forward | Print | Individual Message | Report Abuse | Find messages by this author
NED is the buy of the decade IMO. NED has $4 per share cash and should
easily earn $.45 in this fiscal year.
Applying a conservative 35 PE gives NED fair value as $.45 X 35 + $4 =
$20 per share.
The earnings projections are based on the following assumptions:
2007 net income = $8.7 million.
2008 net income will increase by:
$5 Million in interest on $140 MM raised in IPO
$3 million in increased operating income (thats conservative).
Hence I see 2008 net income of about $17 million. With 36 MM fully
diluted shares that gives about $.45 per share.
Reply
NED: After IPO they have $4 per share cash Will earn another $5 million per year in interest alone- should have annualized EPS of at least $.40 going forward with 35% growth- market manipulation at its finest.
NED is a gift. After IPO they have $4 per share cash Will earn anoty $5 million per year in interest alone- should have annualized EPS of at least $.40 going forward with 35^ growth- market manipulation at its finest.
NED is a gift here. $4 / share cash after IPO.
ATEA beautiful close... Best buy in this market- has everything.. tiny float growth, Chiona expsure, Big hedge fund ownership, Low forward PE (earned $.25 EPS last Q and CEO said business will remain brisk in CC.
Why I think ATEA $10 + by January:
1) Tiny 2.0 MM float. Institutions own 1 MM shares of float, "available" float only 1 Million.
2) Renaissance Technologies, a Top U.S Hedge Fund owns 197,000 ATEA shares. Renaissance is so successful a minimum $10 Million investment is required!!
3) Trades at 0.8 Price/Sales ratio compared to 3.2 Industry average. IF ATEA traded at Industry average would be in $25 range.
4) Low float stocks are very strong this time of year with "January effect". In January 2006 January ATEA ROSE $10 !!
5) ATEA has partnerships with ORACLE and MICROSOFT which was expanded in 2006.
6) ATEA now has a larger more diverse revenue base than when it went to $26 in 2006.
7) EXLPODING INTERNATIONAL SALES: ATEA expanded to CHINA in late 2005 and has a strong Japan presence. ATEA international sales growth has been over 50% per year. Benefitting from low U.S. dollar.
8) Revenue has grown substantially the last 2 quarters and will continue to grow exponentially with the slate of new wins. In the Conference call today CEO said ATEA pipeline was Very strong.
Yes fortunately I sold DYII and recouped losses and more with QSC. DYII looks like a bargain but gives me a bad taste in my mouth so I am leery.
BDR:AMEX zooming 6 forward PE 3.5 MM float
BDR is going WAY higher IMO
Just reported $.09 EPS for quarter and expects higher margings going forward. Annualized conservative $.35 EPS at sector PE of 18 givbes much higher price.
3.5 MM float
$1.5 per share working capital
CHINA expopsure.
http://finance.yahoo.com/q/co?s=BDR
QSC +200% to $3.2 $15 coming:
QSC has doubled in last few dasy but going to double digits heres why:
QSC will conservatively earn $.25 - $.30 per share in Q4 2007!!
From November 12 PR, QSC liquid assets were $37.8 million at November 9, 2007 (see excerpt below). Thats an increase of $9.9 Million over September 30 liquid assets of $27.9 Million !!
AFTER DEPRECIATION, THIS EQUATES TO GAAP EARNINGS OF ABOUT $9.8 MILLION OR $.15 PER SHARE FOR FIRST 5 WEEKS OF Q4 !!
QSC IS ON PACE TO CONSERVATIVELY EARN $.25 - $.30 FOR ALL OF Q4 !!
This stock is the next VPHM. IMO This will be $5 this week and $10 + by early January. Sleep well shorts!
"As of November 9, 2007, Questcor had cash, cash equivalents and short-term investments of $15.2 million and its accounts receivable balance totaled $22.6 million.".
Yes I know the only flaw is liabilities may have gone up, but QSC has maintained current liablities in the $5 - $6 MM range for the last fewe years per Yahoo.
You have rated
QSC will conservatively earn $.25 - $.30 per share in Q4 2007!!
From November 12 PR, QSC liquid assets were $37.8 million at November 9, 2007 (see excerpt below). Thats an increase of $9.9 Million over September 30 liquid assets of $27.9 Million !!
AFTER DEPRECIATION, THIS EQUATES TO GAAP EARNINGS OF ABOUT $9.8 MILLION OR $.15 PER SHARE FOR FIRST 5 WEEKS OF Q4 !!
QSC IS ON PACE TO CONSERVATIVELY EARN $.25 - $.30 FOR ALL OF Q4 !!
This stock is the next VPHM. IMO This will be $5 this week and $10 + by early January. Sleep well shorts!
"As of November 9, 2007, Questcor had cash, cash equivalents and short-term investments of $15.2 million and its accounts receivable balance totaled $22.6 million.".
Yes I know the only flaw is liabilities may have gone up, but QSC has maintained current liablities in the $5 - $6 MM range for the last fewe years per Yahoo.
You have rated
Sold DYII bought in QSC at $2.50 -- nice. Looking for $4 + tomorrow the next VPHM
SORL Best Value / growth play out there IMO
IMO SORL has the potential to be next JST:
-2.7 MM float
-Earned $.22 EPS last quarter BEFORE:
-July 25% Capacity expansion
-October $20 MM plant purchase that will further increase capacity
-45% GROWTH
-Supplying brake parts to Beijing to help meet 2008 olympic transport needs:
http://biz.yahoo.com/prnews/071015/cnm028.html?.v=8
WITH INCREASED CAPACITY SORL HAS WELL OVER $1 EPS RUN RATE GIVING FORWARD PE < 8.
SORL HAS $3 PER SHARE WORKING CAPITAL AND NO DEBT.
WITH A SECTOR PE OF 18 SORL SHOULD BE AT LEAST AN $18 STOCK.
http://finance.yahoo.com/q/co?s=SORL
SORL is an UNDISCOVERED China play but that won't for long.. When the momentim crowd finds this one it could rise $5 - $7 in one day with its tiny float.
Cabadian dollar back below parity soon IMO.Markets are very efficient. The Toronto Globe today reported Canada's trade surplus falling dramatically because of high dollar, 65 year old Quebec manufacturing company went bankrupt because of high canadian dollar.
I converted my C$ to US$ earlier this week and I think I nailed it. I think the Canadian dollar was driven up by foreign investors who really don't underdstand the situation here (the Toronto Globe said the same thing). For example:
Yes Canada has been adding jobs, but in the last 6 months, almost all in public sector, no private sector growth.
Canada is far more of a natural gas exporting country than oil.. Natural gas prices have gone down the last 2 years, and natural gas production peaked and is declining. Most Canadian producers have far more gas production and are getting hammered by the strong US dollar on exports- they are getting 25$ less than just a year ago.
-Yes Canadian grain farmers OK but Ranchers are getting slaughtered- again by high Canadian dollar hurting US export beef sales and high feed costs.
The Brokers up here are all recommending buying US stocks for the US dollar and US market appreciation double whammy.