CDC Corporation (CHINA)

[MrBankRoll]

“The company believes its shares are significantly undervalued,” said Bruce Cameron, president of CDC Software.

“CDC Software just reported excellent results for its fourth quarter and year end with record operating cash flow of $53 million and non-GAAP earnings per share of $1.31 for 2009 and Adjusted EBITDA margin of 27 percent in the fourth quarter. In fact, our Adjusted EBITDA margin was higher than the average of many of our software peers. We also expect 2010 Non-GAAP earnings per share to be in the range of $1.50 to 1.55, an increase of 15-18 percent from 2009.”

http://www.dailyfinance.com/rtn/pr/cdc-software-provides-update-on-share-buyback-plan/rfid309069439/?channel=pf