China Security & Surveillance Tech., Inc. (CSR)

AllstarPortfolio- New Pick - CSR

#10) On October 26, 2009 at 10:47 PM, caidencollett07 (99.45) wrote:

China Security & Surveillance Technology, Inc. (CSST) is engaged, through its indirect Chinese subsidiaries, in the manufacturing, distributing, installing, and servicing of surveillance and safety products and systems and developing surveillance, and safety related software in China. The Company’s customers include governmental entities, such as customs agencies, courts, public security bureaus, and prisons; non-profit organizations, including schools, museums, sports arenas, and libraries, and commercial entities, such as airports, hotels, real estate, banks, mines, railways, supermarkets, and entertainment venues. CSST operates primarily in five segments: Installation Segment, Manufacturing Segment, Distribution Segment, Software Segment, and Service Segment.

P/E <10

Forward P/E <5

Insiders own >35%

P/B, P/S, and PEG are all nice.

About to bounce off support at the right time!

Earnings out this week, on Wed., if they beat and the market turns back to an up beat, this should eclipse the 200 day an begin moving up.

Target $10 by January

I first read about this stock on the Rule Breakers New Stock Ideas discussion board. Solid growth rate, relevant longer-term positioning, mid-cap business with small-cap valuation, five-star stock on CAPS with good recent pitches from some high-rated members. Picking it in order to study and learn.

Many reasons to take a closer look here. Security & Surveillance Technology in the business of manufacturing,distributing,installing,and servicing surveillance and safety products and systems,along with development of new surveillance,and safety related software in china. Customers include governmental entities,such as customs agencies,courts, public security bureaus, prisons,schools,museums,sports arenas,airports,hotels,real estate,banks,mines,railways,supermarkets,and entertainment venues throughout the peoples republic of china.Well established ,government connected company should show awesome growth for years to come in a country that will need every surveillance tool it can get it's hands on to keep an eye on billions as development and CRIME continue a massive rise. A few kinks to work out, but this company is well positioned to grow and should get a long hard look from investors while its still in the penny range.

I started picking up this stock at $15 in summer of 07 and still believe it to be trading at a very attractive price, especially following the pullback in the last few days from over $21. Besides their surveillance technologies, they have a firm hold on the market for gov't ID cards. There's been great insider buying and, of course, there's the added benefit of the long-term trend of a rising RMB against a declining-weak dollar.

Surveillance cameras in the land of the ultimate Big Brother... I'm in.

Security Industry in China is in early stages of development.
The market for security services is huge ($35 bn est. for 2009).
Potential for both organic and acquisitions growth. (Recall the environmental services industry in the mid-1990s.)
CSR is the only integrated provider of equipment, installation, services and will be able to build a solid reputation and grow market share based on this.
CSR will not need to access capital markets in the forseeable future.
VERY CHEAP: trades at 16X 2007 estimates, and 9.6X the lower end of 2008 estimates. The Company is forecasting about 50% earnings growth for 2008, but even if they were only growing at 20%, it would represent a PEG of 0.5. Could be a long term winner.

China infrastructure play. Good ins with the local gov't and rolling up much of the surveillence and security industry. Has the potential to look like a Chinese Honeywell or Tyco in 10 years.

Siding with the bulls on this one after today's selloff likely impacted by upcoming share offering. Believe they will be paying off some debt; secular grower trading pretty cheap for those with patience. Long around $5.60

These guys will be working overtime installing camaras in the bathrooms of olympic athelets and airport stall bathrooms.

With restructured debt, upcoming large E-City projects and GAAP-only reporting, CSR has probably turned into solid company while still maintaining its growth and strong fundamentals.

I encourage everyone to look at slides from their last earnings call. It is both brief and informative:
http://irpage.net/csct/documents/CSR-3Q09-Financial%20Slides-Final.pdf

Market just can't ignore this company forever. The price doesn't reflect the prospects, so I'm adding to my real life position at these levels (around $5).

I am a huge fan of CSR. they continue to increase earnings and are buying up market share. Their stock price has been stagnant for a while, but its because they have increased outstanding shares by 30%. Hopefully, for my sake, they wont continue to do this.

A bit overpriced compared to industry, but it has better growth,better ROE,ROA and net income/per employee as well as 5 yr growth. Infarstructure play in china which in my opoinion is still in its infancy stage of development. Stock is also at 52 week low.

waaaaayyyyyyyy under valued. book value is 6.41 , their earnings are better than when they were trading in the 20's. yummy
buy buy buy buy. plus security and surveilence??? not a complivated buisness or one that should have huge up and down swings

Low price for a growing company

I just think this one is undervalued here. CEO is now buying up shares. Just spent approx $2M according to frecent filing. He has $48M more within which to either loan to the company or purchsae shares.

A solid growth record in a favored niche, CSR provides international diversification for my portfolio, and the company has recently reaffirmed earlier guidance for continuing growth. Fundamentally way undervalued.

This company has shown steady growth and increase in profit shares. Even though they're in a small market, the future for this Chinese based company is very optimistic.

Just look at what the Motley Fools themselves say about this stock "5-star Stock Poised to Pop" and then look at the ratio of all star members that have marked this stock to outperform. Industry leader of security in China, one of the worlds largest and fastest growing economies and this buy is a no-brainer. IMHO this is a buy and hold for 3 years at least.

Security and surveillance products at a discount as far as the eye can see. China Security and Surveillance is trading at just 11 times future earnings despite huge revenue growth. 32M in revenue in 2006, 106M in 2007 and schedule to add 122% in 2008 and 52% on 2008s numbers in 2009. HUGE growth opportunity here. Plenty of cash, tons of new contracts, limitless momentum.

Nero

Sagetrade