$2.45
-0.03 (-1.21%)
Yucheng Technologies Limited (NASDAQ:YTEC)
CAPS Rating:
The Company provides Intellectual Technology solutions and services to the banking industry in China.
Growing the love for investing
The Company provides Intellectual Technology solutions and services to the banking industry in China.
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a p/e of 10 and a booming economy. What's up with these undernoticed Chinese small caps? A little more than book value for a company that provides e-banking solutions in a country where this is rolling out at hyper speed. Mr. Market has obviously slumbered on these non SE Chinese stocks. "The rise of the Chinese middle class" indeed.
Avondale partners raised target on YTEC to $20.40/shr
but based on the market valuation given to the IPO "LFT" by Goldman Sachs, I think they need to upgrade that target even higher to maybe $25-$30 range so make YTEC valuation more reasonable. Think of it this way, the house next door is selling for $1.2M and your house is identical but selling for under $500k
Avondale Partners raised target of YTEC link:
http://tinyurl.com/36j29a
Is there any relationship with CHINA EXPERT TECH ( OTC:CXTI.PK) that was halted from trading by the SEC?
What is the real reason that Mr. Michael (Tao) Huang resign from the BOD?
Was it really .....personal reason?