Account Options

  1. Sign in
The old Google Groups will be going away soon, but your browser is incompatible with the new version.
Go to Google Groups Home
  
Discussions for Qiao Xing Universal Telephone Inc. View all discussions

  Way Undervalued
All 19 messages in discussion  - 
Reporting discussion
Messages reported
The group you are posting to is a Usenet group. Messages posted to this group will make your email address visible to anyone on the Internet.
Your reply message has not been sent.
Your post was successful
 
From:
To:
Cc:
Followup To:
Add Cc | Add Followup-to | Edit Subject
Subject:
Validation:
For verification purposes please type the characters you see in the picture below or the numbers you hear by clicking the accessibility icon. Listen and type the numbers you hear
 
Tom Corson-Knowles  
View profile  
 More options Apr 3 2009, 3:02 pm
From: Tom Corson-Knowles <tcors...@gmail.com>
Date: Fri, 3 Apr 2009 12:02:20 -0700 (PDT)
Local: Fri, Apr 3 2009 3:02 pm
Subject: Way Undervalued
This stock is incredibly undervalued. It's selling for less than 25%
of it's cash net of all liabilities, not to mention its incredibly
valuable 69.9% ownership of QXM, who's market value is over $100 M
(which is also selling for less than its cash net liabilities) and not
including the value of its core businesses.

 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
bradfor...@gmail.com  
View profile  
 More options Apr 4 2009, 10:06 pm
From: bradfor...@gmail.com
Date: Sat, 4 Apr 2009 19:06:13 -0700 (PDT)
Local: Sat, Apr 4 2009 10:06 pm
Subject: Re: Way Undervalued
Haha, Tom.

-Glen

On Apr 3, 3:02 pm, Tom Corson-Knowles <tcors...@gmail.com> wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
bubaghanu...@gmail.com  
View profile  
 More options Apr 24 2009, 6:02 pm
From: bubaghanu...@gmail.com
Date: Fri, 24 Apr 2009 15:02:59 -0700 (PDT)
Local: Fri, Apr 24 2009 6:02 pm
Subject: Re: Way Undervalued
The fundamentals are great, but management is corrupt. Listen to their
April 15 conference call. I don't remember the exact numbers, but the
company bought a company/assets at a way inflated price from XING's
own CEO. Book value per share was cut in half instantly. Listen to the
conference call... the fact that this stuff goes on makes me very wary
of investing in Chinese companies.

On Apr 3, 2:02 pm, Tom Corson-Knowles <tcors...@gmail.com> wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
sjiang...@gmail.com  
View profile  
 More options May 29 2009, 4:09 am
From: sjiang...@gmail.com
Date: Fri, 29 May 2009 01:09:09 -0700 (PDT)
Local: Fri, May 29 2009 4:09 am
Subject: Re: Way Undervalued
Right now you could liquidate this company and gain a profit from it.
This one is like sears holdings, worth more dead than alive. Makes me
think of the stories about the great depression. Apperantly you had
also a lot of these skeleton companies in that time. I wonder if the
FED has got something to do with this one too? oops...shhhuuuut ;-)

On 25 apr, 00:02, bubaghanu...@gmail.com wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
etha...@gmail.com  
View profile  
 More options May 29 2009, 2:08 pm
From: etha...@gmail.com
Date: Fri, 29 May 2009 11:08:53 -0700 (PDT)
Local: Fri, May 29 2009 2:08 pm
Subject: Re: Way Undervalued
Where are you getting XING's book value from? The most recent info on
Google seems to be Q2 of 2008.

On May 29, 1:09 am, sjiang...@gmail.com wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
hanneogtho...@mail.tele.dk  
View profile  
 More options Jun 2 2009, 12:32 pm
From: hanneogtho...@mail.tele.dk
Date: Tue, 2 Jun 2009 09:32:54 -0700 (PDT)
Local: Tues, Jun 2 2009 12:32 pm
Subject: Re: Way Undervalued
I´m not sure about valuations

I found 3 EPS for 2008
8Q3: 0.07
8Q2: 0.04 (calculated)
8Q1: 0.17

Thats 0.28 for 9 month or 0.39 for a Year

Shareprice is 2.14
EPS : 0.39
That is: P/E: 2.14/0.39 = 5.49
nowhere near 0.62 as stated on Google Finance (But still pretty low)

They got a huge provenue from IPO (Sales) of Qiao Xing Mobile Comm.
I guess it might be this IPO polluting the numbers (But I dont know)

On 29 Maj, 20:08, etha...@gmail.com wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
sjiang...@gmail.com  
View profile  
 More options Jun 2 2009, 1:10 pm
From: sjiang...@gmail.com
Date: Tue, 2 Jun 2009 10:10:06 -0700 (PDT)
Local: Tues, Jun 2 2009 1:10 pm
Subject: Re: Way Undervalued
This thing has to go up, a lot of stocks already gained back their
sept '08 level, and for Xing to do it is has to go to 4.

On 2 jun, 18:32, hanneogtho...@mail.tele.dk wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
mordiga...@gmail.com  
View profile  
 More options Jun 3 2009, 6:35 am
From: mordiga...@gmail.com
Date: Wed, 3 Jun 2009 03:35:10 -0700 (PDT)
Local: Wed, Jun 3 2009 6:35 am
Subject: Re: Way Undervalued
sept 17th was 2.35 and sept 30th was 2.47 i am a seller at these
levels and a buyer at under 2.00

On Jun 2, 1:10 pm, sjiang...@gmail.com wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
sjiang...@gmail.com  
View profile  
 More options Jun 4 2009, 11:57 am
From: sjiang...@gmail.com
Date: Thu, 4 Jun 2009 08:57:46 -0700 (PDT)
Local: Thurs, Jun 4 2009 11:57 am
Subject: Re: Way Undervalued
In fact sept 08 could be 4$, depends on how you look at it really.

On 3 jun, 12:35, mordiga...@gmail.com wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
sjiang...@gmail.com  
View profile  
 More options Jun 5 2009, 4:41 am
From: sjiang...@gmail.com
Date: Fri, 5 Jun 2009 01:41:36 -0700 (PDT)
Local: Fri, Jun 5 2009 4:41 am
Subject: Re: Way Undervalued
How much would you people value XING? If you look at assets minus
debt, it's about 3 billion in value. If you look at P/E, you must not
forget Chinese companies typicaly trade at P/E ratio of 50. But this
is all going by the book. We all know this one is undervalued, but how
much you think?

On 4 jun, 17:57, sjiang...@gmail.com wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
Sam  
View profile  
 More options Jun 18 2009, 3:03 pm
From: Sam <sjwitt...@gmail.com>
Date: Thu, 18 Jun 2009 12:03:21 -0700 (PDT)
Local: Thurs, Jun 18 2009 3:03 pm
Subject: Re: Way Undervalued
I'm not sure where you got $3B value from but I sincerely hope you are
not forgetting that google finance reports this companies assets in
CYN and not in Dollars. Wouldn't want any one making an investment
decision on a mistake like that!

On Jun 5, 4:41 am, sjiang...@gmail.com wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
Prahl  
View profile  
 More options Jun 20 2009, 4:24 am
From: Prahl <hanneogtho...@mail.tele.dk>
Date: Sat, 20 Jun 2009 01:24:54 -0700 (PDT)
Local: Sat, Jun 20 2009 4:24 am
Subject: Re: Way Undervalued
Thanks to Sam

There was some of the reason of the difficulty valuing this correctly

Based on their filings:

EPS:
08Q3:          USD: 0.07   (Cash Sept 08: 612 Mio USD)
08First half:  USD: 0.21   (Cash Jun 08: 581 Mio USD)
That is EPS: 0.28 for 3 Quarters or approx 0.37 a Year

In their 3 Quarter Filing The EPS of 0.07 UDS equavalate 0.49 RMB
(Chinese currency)
That is 7 RMB pr Dollar

Google Finance is incorrectly mixing the 2 currencies in their
calculation of EPS. Shame on Google Finance for that. Thats a first
grader mistake.

A more correct EPS with todays shareprice will be: 2.03/0.37 = 5.49

(Still very cheap and they have got a huge pile of cash)

 I have calculated

On 18 Jun., 21:03, Sam <sjwitt...@gmail.com> wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
iamVoltron  
View profile  
 More options Jul 17 2009, 2:47 pm
From: iamVoltron <marc.oe...@gmail.com>
Date: Fri, 17 Jul 2009 11:47:59 -0700 (PDT)
Local: Fri, Jul 17 2009 2:47 pm
Subject: Re: Way Undervalued

On Jun 20, 10:24 am, Prahl <hanneogtho...@mail.tele.dk> wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
iamVoltron  
View profile  
 More options Jul 17 2009, 2:48 pm
From: iamVoltron <marc.oe...@gmail.com>
Date: Fri, 17 Jul 2009 11:48:15 -0700 (PDT)
Local: Fri, Jul 17 2009 2:48 pm
Subject: Re: Way Undervalued
Yes, the valuation is very attractive.

Assuming the company didn't cook their books, of course.

It still holds 2/3 of NYSE:QXM and seems to be switching to raw
materials/mining.

See:

sec.gov/Archives/edgar/data/1051846/000095012309022503/
d68124d6812401.gif

Looking at QXMs valuation, XING is way undervalued.

Anybody with more insight, thanks for comments.

PS: Please keep this thread spam-free.

On Jun 20, 10:24 am, Prahl <hanneogtho...@mail.tele.dk> wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
Subject changed: Way Undervalued (spam-free thread)  
iamVoltron  
View profile  
 More options Jul 17 2009, 2:54 pm
From: iamVoltron <marc.oe...@gmail.com>
Date: Fri, 17 Jul 2009 11:54:03 -0700 (PDT)
Local: Fri, Jul 17 2009 2:54 pm
Subject: Re: Way Undervalued (spam-free thread)
Sorry, for the double posting above. Google doesn't seem to accept
URLs any longer because of idiot spammers.

Trying to keep this thread spam-free.

On Jul 17, 8:48 pm, iamVoltron <marc.oe...@gmail.com> wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
iamVoltron  
View profile  
 More options Jul 24 2009, 12:55 am
From: iamVoltron <marc.oe...@gmail.com>
Date: Thu, 23 Jul 2009 21:55:14 -0700 (PDT)
Local: Fri, Jul 24 2009 12:55 am
Subject: Re: Way Undervalued (spam-free thread)
bump

On Jul 17, 8:54 pm, iamVoltron <marc.oe...@gmail.com> wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
gimimore  
View profile  
 More options Aug 7 2009, 3:24 pm
From: gimimore <mordiga...@gmail.com>
Date: Fri, 7 Aug 2009 12:24:35 -0700 (PDT)
Local: Fri, Aug 7 2009 3:24 pm
Subject: Re: Way Undervalued (spam-free thread)
this company is now in the coking coal business. it's the coal used to
fire up the ovens in steel production. so as the economy recovers...
check out two canadian companies in the coking coal business trading
on the TSE grand cashe coal GCE, and western canadian WTN. both are up
big time recently. i expect XING to soar pretty soon as well.

On Jul 24, 12:55 am, iamVoltron <marc.oe...@gmail.com> wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
Fliujniligui  
View profile  
 More options Aug 12 2009, 4:21 pm
From: Fliujniligui <fliujnili...@gmail.com>
Date: Wed, 12 Aug 2009 13:21:18 -0700 (PDT)
Local: Wed, Aug 12 2009 4:21 pm
Subject: Re: Way Undervalued (spam-free thread)
I agree with ya.  Also, Xing has a market cap that is lower than its
shareholders' equity,  debt is insignificant and they have posted a
profit.  This company is a buy and hoard until it stops dropping. In
the case it drops to 0, then buy 100% of it for free, then unwind it
and get yourself with many times worth what you paid by liquidating
assets and getting cash of the company.

 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
iamVoltron  
View profile  
 More options Sep 29 2009, 8:45 am
From: iamVoltron <marc.oe...@gmail.com>
Date: Tue, 29 Sep 2009 05:45:15 -0700 (PDT)
Local: Tues, Sep 29 2009 8:45 am
Subject: Re: Way Undervalued (spam-free thread)
Just bumping this XING thread so it's visible among all the spam.

On Aug 12, 10:21 pm, Fliujniligui <fliujnili...@gmail.com> wrote:


 
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.

End of messages  

« Newer discussion  -  Conflict of Interest   everything is taking a ride except you Xing.  -  Older discussion »




Google Home - Terms of Service - Privacy Policy

©2013 Google