Qiao Xing Universal Telephone Inc. Google Group

Re: Way Undervalued (spam-free thread)

2009-09-29T12:45:15Z

Just bumping this XING thread so it's visible among all the spam.

Conflict of Interest

2009-09-20T03:57:46Z

Mr Wu Rui Lin the sole shareholder of China Luxuriance sold his
company to Xing, a publicly listed company which he is also the
Chairman, for a sum of USD110,000,000.00 I wonder whether it is a
common practice for Chinese companies. This practice could be one way
to legally convert the investors/shareholders money to enrich the

Re: Way Undervalued (spam-free thread)

2009-08-12T20:21:18Z

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

Re: Way Undervalued (spam-free thread)

2009-08-07T19:24:35Z

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.

Re: Way Undervalued (spam-free thread)

2009-07-24T04:55:14Z

bump

Re: Way Undervalued (spam-free thread)

2009-07-17T18:54:03Z

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.

Re: Way Undervalued

2009-07-17T18:48:15Z

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/10 51846/000095012309022503/
d68124d6812401.gif

Looking at QXMs valuation, XING is way undervalued.

Re: Way Undervalued

2009-07-17T18:47:59Z

Re: Way Undervalued

2009-06-20T08:24:54Z

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

Re: Way Undervalued

2009-06-18T19:03:21Z

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!

Re: Way Undervalued

2009-06-05T08:41:36Z

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?

Re: Way Undervalued

2009-06-04T15:57:46Z

In fact sept 08 could be 4$, depends on how you look at it really.

Re: Way Undervalued

2009-06-03T10:35:10Z

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

Re: Way Undervalued

2009-06-02T17:10:06Z

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.

Re: Way Undervalued

2009-06-02T16:32:54Z

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.

Re: Way Undervalued

2009-05-29T18:08:53Z

Where are you getting XING's book value from? The most recent info on
Google seems to be Q2 of 2008.

Re: Way Undervalued

2009-05-29T08:09:09Z

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 ;-)

Re: Way Undervalued

2009-04-24T22:02:59Z

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

Re: everything is taking a ride except you Xing.

2009-04-06T22:50:17Z

me too, and will hold it over $10 or to $0.

Re: everything is taking a ride except you Xing.

2009-04-06T19:17:23Z

good thing i didn't sell. just hold until over$10

Re: everything is taking a ride except you Xing.

2009-04-06T14:05:21Z

This stock is incredibly undervalued. Have patience and it will be
trading for $10 again, which is still at a discount to book value plus
5x current earnings. Better yet, double up.

Re: Way Undervalued

2009-04-05T02:06:13Z

Haha, Tom.

-Glen

Way Undervalued

2009-04-03T19:02:20Z

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.

everything is taking a ride except you Xing.

2009-03-10T13:55:54Z

you are a trash

Re: Earning (in Chinese)

2009-03-03T17:39:25Z

Yes, that's right.... I am one of those people don't like to buy and
hold... It's just because that it's the most horrible BEAR
market.... a little bit better than 1929 crash. (sigh) too bad !!

Re: Earning (in Chinese)

2009-02-24T20:27:18Z

Nothing wrong with the co., people just do not buy it, that's all.

Re: Earning (in Chinese)

2009-02-20T19:22:22Z

It's time to buy ... today and the next Monday .... LONG it now !!!

Re: Earning (in Chinese)

2009-02-20T17:52:04Z

give up..

Re: Earning (in Chinese)

2009-02-20T16:06:47Z

Baby...let's go...

Re: Earning (in Chinese)

2009-02-20T01:34:16Z

Leo.Luo..... haha.... so you switched your spot from GA to
here.... Fly on the next Monday??? possible bet.... Not
me....

good luck la.... haha.....

Re: Earning (in Chinese)

2009-02-19T15:10:47Z

It will fly on next monday.

Re: Earning (in Chinese)

2009-02-17T23:09:38Z

look, no one can win the fight with the market power, even Obama's
stimulus plan with $785 billion...
The market will go down more.... hang in there, with cash....
Plus, 瑞金矿业 would be another dilution for XING. History of XING + QXM
has spoken for the past two years already...

Re: Earning (in Chinese)

2009-02-17T16:19:50Z

本报讯侨兴集团董事长、“电话大王”吴瑞林旗下的瑞金矿业（00246 ，HK）日前通过了上市聆讯。记者了解到，瑞金矿业已在2月10 日进行公开招
股，计划在本月内挂牌上市。因此，如果一切顺利，瑞金矿业有望成为牛年在港交所上市的第一只新股。

Re: Earning (in Chinese)

2009-02-04T23:57:42Z

Sell all your XING shares.... it's the critical time to avoid the
high risk about the whole market now...

Re: Earning (in Chinese)

2009-01-23T01:31:54Z

If MM pulls the trigger, I will buy... haha.. Watch out the
changes on DJIA or S&P 500 by tomorrow... The market could swing
to either way now.

Re: Earning (in Chinese)

2008-12-27T09:07:54Z

Manipulator has made few dollars today .... few more possible for
tomorrow ( next trading day).

Re: Earning (in Chinese)

2008-12-05T21:05:52Z

Poor manipulation today. The whole market is closer and closer to
turn around. Watch out.

Earning (in Chinese)

2008-11-28T09:31:13Z

[link]

Re: Is this stock absolute garbage

2008-11-27T11:17:17Z

Buy low... and sell high.. in another word, Buy it after it dropped,
and then sell it after it raised.

No expections due to BAD fundamentals as a whole.

Re: Is this stock absolute garbage

2008-11-23T07:05:30Z

Hold ~15% of your funds as stocks... and take a break.

Either SHORT or LONG are very risky for the next week. There will
be NO free lunch.

Re: Is this stock absolute garbage

2008-11-15T05:39:07Z

There would be a short rally during the next week most-likely.
Again, 诚恳地建议大家：要保持低调，千万不要贪心，见好就收吧.

Re: Is this stock absolute garbage

2008-11-14T09:51:17Z

诚恳地建议大家：要保持低调，千万不要贪心，见好就收吧。
[link]

Re: Is this stock absolute garbage

2008-11-10T22:24:15Z

[link]

Re: Is this stock absolute garbage

2008-11-05T21:20:01Z

WIT... I knew that EPS very well because that I have followed this
company for 16 months already. EPS would not be the only issue to
make the call in the bear market.

Re: Is this stock absolute garbage

2008-11-05T20:40:05Z

the EPS is higher than the price of the stock - why are you so worry?
do not look at the stock - back to look at it in one year - you will
know you are lucky to have this stock.

Re: Is this stock absolute garbage

2008-11-05T19:23:07Z

Agree. Moreover, the company is quite traditional & barely announce
any news for the Chinese & US shareholder.

The key-idea is that both XING & QXM have to post a good earning for
the coming year and show some highly possible growth to the
investors. There would be some investors if the company gonna do

Re: Is this stock absolute garbage

2008-11-04T17:03:21Z

i think XING is a good stock - people just do not want to buy it.

Re: Is this stock absolute garbage

2008-10-21T01:40:18Z

[link]

Re: Is this stock absolute garbage

2008-10-20T19:30:03Z

[link]

Re: Is this stock absolute garbage

2008-10-20T19:28:30Z

Sell half of your shares right now...

This stock is OK, but people make it into garbage. Today's rising is
one of examples how the small share-holders lost their money.

Well, please no need to gamble your hard-earned money.

Watch out, there are more countries facing a financial melt-down. The