Go to Google Groups Home    Qiao Xing Universal Telephone Inc.
Re: Way Undervalued

etha...@gmail.com

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:

> 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:

> > 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:

> > > 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.- Tekst uit oorspronkelijk bericht niet weergeven -

> > - Tekst uit oorspronkelijk bericht weergeven -