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MichaelHamilton (99.13)

NQ Mobile, a fantastic growth story

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March 18, 2013 – Comments (0)

NQ Mobile Inc. (NYSE: NQ) is a leading global provider of mobile Internet services. NQ Mobile is a mobile security pioneer with proven competency to acquire, engage, and monetize customers globally. NQ Mobile’s portfolio includes mobile security and mobile games & advertising for the consumer market and consulting, mobile platforms and mobility services for the enterprise market. As of December 31, 2012, NQ Mobile maintains a large, global user base of 283 million registered user accounts and 98 million monthly active user accounts through its consumer mobile security business, 65 million registered user accounts and 13 million monthly active user accounts through its mobile games & advertising business and over 1,200 enterprise customers. NQ Mobile maintains dual headquarters in Dallas, Texas, USA and Beijing, China. For more information on NQ Mobile, please visit http://www.nq.com.

 

Market penetration for mobile security is currently a small fraction of the penetration in the PC market representing large scope for further growth.  NQ has 60% market share in China. The market for managed mobility is expected to triple over the next 4 years.

 

Feilu

NQ owns 100% Feiliu, a mobile games and advertising platform.

67m+ registered users

12.5m monthly active users

#1 mobile online grossing distribution platform on iOS in China

 

Price @ 3/18/2013 = $8.78

 

Yahoo Finance Statistics

Analyst Price Targets

Mean: 18.75

High: 25.00

Low: 16.00

 

Analyst Recommendations:

2 x Strong Buy

2 x Buy

 

PEG Ratio=0.22 (PEG = 1 represents fair value)

 

3/12/2013

BEIJING and DALLAS, March 12, 2013 /PRNewswire/ -- Announced the availability of its NQ Mobile security solution which has now been optimized to run on Android devices based on Qualcomm Reference Designs that utilize Qualcomm Snapdragon(TM) MSM(TM) 8x25 processors. NQ Mobile is also planning on making this optimized version of the NQ Mobile security available to manufacturers for preload on their devices that use these processors. NQ Mobile optimized their security solution for these devices by integrating their unique anti-virus APIs available on these devices.

 

3/11/2013

DALLAS and BEIJING, March 11, 2013 /PRNewswire/ -- NQ Mobile(TM) (NYSE: NQ), Announced that NQ Family Guardian has been awarded the PTPA Winner's Seal of Approval. PTPA Media has North America's largest volunteer parent testing community, with over 60,000 parents and was rated the Most Trusted Seal by 22,000 parents.

 

3/6/2013

NQ Mobile Inc announced that for the first quarter of 2013, it expects net revenues to be in the range of $32.8 million and $33.3 million and raises fiscal 2013 net revenue guidance from the previously issued range of $150 million to $155 million to a range of $178 million to $183 million.

 

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