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.
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