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Re: auroradude post# 39524

Thursday, 11/15/2012 10:23:18 PM

Thursday, November 15, 2012 10:23:18 PM

Post# of 90887
CNTF DD-Coming off Triple Bottom and 4.50 Cash/Share

Insider owns large portion of float and they are suing Samsung. I am parking alot of Cash here for value and also think might go private for 4x as much or more in future



I'll also go with 4.0: http://seekingalpha.com/author/biotech-breakthroughs

http://seekingalpha.com/article/986281-china-techfaith-an-immensely-undervalued-stock-likely-to-go-private

24-Oct-12 China TechFaith sues Samsung for patent infringement

TechFaith 17VEE to Launch Mobile Games on China Mobile and China Telecom

TechFaith to Further Expand Shipments of Android Smartphones into Hong Kong, South Africa and Latin America

"China Techfaith has over $252 million in net cash on the balance sheet. That is well over 4x its current market capitalization. I know of no other stock on any exchange that trades at less than 1/4 of its cash. Additionally, this cash balance has risen both sequentially and year over year, so cash burn is not currently a concern."

Total Cash (mrq): 252.03M
Total Cash Per Share (mrq): 4.76

Total Debt (mrq): 5.64M
Total Debt/Equity (mrq): 1.75
Current Ratio (mrq): 6.67
Book Value Per Share (mrq): 5.70

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