China Techfaith Wireless Commtn Tech Ltd (CNTF)

[luisalmeidapt]

SA China TechFaith: An Outstanding Risk/Reward Opportunity

http://seekingalpha.com/article/282614-china-techfaith-an-outstanding-risk-reward-opportunity?source=yahoo

"On the company's last conference call the CEO committed to buying more shares in the next window (Aug-Sept). The CEO has purchased 363,000 shares in the past 6 months spending approximately $1.4 million. I cannot think of any better reason than these purchases to own this company. This is by far the strongest BUY signal."


"During Global Hunter's China Conference last week in San Francisco, the CEO updated (.pdf) financial targets. In addition, last month the company reiterated their Q2, 2011 revenue guidance of $82-84 million."

The company trades at a $220 million market capitalization. At this level you're buying a $330 million revenue company with $1.00 in EPS and $50 million in cash generation for FREE.