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March 12, 2010 – Comments (2) | RELATED TICKERS: YTEC

Does anyone have any strong opinions on YTEC (YUCHENG TECHNOLOGIES LTD)?

I have been pondering this one for a few days and can't really get a handle on whether a "buy" would be a good move. It seems like it has gotten pretty cheap but the devil is always in the details. Any thoughts, long or short, welcome and very much appreciated. Have a nice weekend...

From the wesbite,

"Yucheng Technologies Limited (YTEC) is a leading IT service provider to the Chinese banking industry. Headquartered in Beijing, China, Yucheng has approximately 2,200 employees and has established an extensive network for serving its banking clients nationwide, with subsidiaries and representative offices in 23 cities. Yucheng provides a comprehensive suite of IT solutions and services to Chinese banks including.
1) Channel Solutions, such as web banking and call centers,
2) Business Solutions, such as core banking systems, foreign exchange and treasury management,
3) Management Solutions, such as risk analytics and business intelligence. Yucheng is also a leading third-party provider of POS merchant acquiring services in partnership with banks in China."

2 Comments – Post Your Own

#1) On March 12, 2010 at 3:08 PM, binaili (< 20) wrote:

#1 financial IT solution provider in China.

Strong management team.

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#2) On March 15, 2010 at 5:48 AM, stockbox (< 20) wrote:

Zentric Inc. an advanced battery technology company, announced today that the company has contracted Mr. Kwong-Yu Chan as the Science Advisor. Mr. Chan joins the company at a critical time as Zentric Inc. is pursuing multiple designs based on the technology developed by Mr. Chan.

About Zentric Inc.

Zentric Inc. is an advanced battery technology company based on a new and revolutionary battery technology to incorporate high voltage dual electrolytes to produce higher voltages and power. The technology was development in the laboratories of the University of Hong Kong for over 10 years.

Please visit our website at: http://www.zbatt.com/

This news release contains forward looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In the light of these uncertainties the forward-looking events referred to in this release might not occur.

SOURCE: Zentric Inc.

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