$5.82
-0.84 (-12.61%)
Nam Tai Electronics, Inc. (NYSE:NTE)
CAPS Rating:
An electronics manufacturing and design services provider to a select group of the OEMs of telecommunications and consumer electronic products.
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Tons of cash, Big yield, Huge gowth,Very cheap. It may not see much movement unless it becomes a takover target, but the dividedn should take care of you.
1 yr outperform
Div was Suspended, so that's out of the equation.Today it came off yesterdays' 52w low by 5%It's supposedly sitting on a pile of cashI'm stumped here
I'm down 24%.
I still don't know what to do here. Fundies are poor, but electronics in China seems like a great growth sector. Plus the book value is $7.10 vs the share price of $4.02.
I will continue to hold, and re-assess in a few weeks.