Nam Tai Electronics, Inc. (NYSE:NTE)

Bevo

High insider holding, awesome balance sheet and good p/s, p/e.

It's been said other places too--at this price point, the dividends are great. Low debt. P/E is average for industry, but the price to sales and free cash flow is great. Good growth. The effects of the earthquake can't last forever, right?

Seemed to be turning a corner, but recent Japan earthquake has triggered big share price weakness of late. Good entry point for a cash-rich, debt-free, shareholder-friendly, dividend-paying company. What's not to like?

Here's the buy rec:

http://www.fool.com/investing/international/2011/03/09/rising-star-buy-nam-tai-electronics.aspx?source=ihpsitota0000001&lidx=8

2009 was a tough year for Nam Tai but the company has recovered to nearly full health. The simpler reporting structure and operations should keep the machinery running smoothly, and the company is run in a tremendously shareholder-friendly fashion: Nam Tai hasn't diluted its stock significantly since 2007 and we already talked about the dividend policy. This Chinese tiger cub managed all this at a time of waning consumer confidence on a global level -- just imagine what happens when that secular trend turns around.

Management is seriously flawed:

Koo Founder and key management continuity - looks like everyone else churns.

Koo Giving himself (he is board Chairman) $1.2 million (incl apartment) a year to be CFO + perks (including golf course membership - what companies are still giving these type of perks)regardless of company performance and well above comparable CFOs - is this a company belt tightening?

Moves AGM were fun/convenient for him - 2009 to Vancouver Canada, know of any other NYSE company that has their AGM here(Koo's previous and maybe current residence), 2010 California - were he buys Napa wine (do you believe this guy paid $200k for a 6L bottle of screaming eagle). Is the AGM not for the benefit of investors and should be held were best for them?

Has Fun launching law suits and exercising his law degree thru Nam Tai(suing BofChina, UBS, PW, SSA, even previous employees).

Described as smart and huge Rolodex by some scary crazy senile by others.

What a portrait - we are relying on this guy to turn this company around!

Good business.

6pick play for March 2010.
3long, 3short based off spreadsheetv1's picks.
Rank from best to least:
1) IOC short
2) SBLK long
3) ANV short
4) CRM short
5) RIG long
6) NTE long

Betting they will over/under perform market based on relative pick making today. These were also observed to ensure top CAPs players had made picks in the same direction. Still risky however, as they do ignore the story of a company/operations that may be left out of fundamental analysis based only off financial statements (for example discoveries of resources or lack of, or obtaining new contracts or losing existing ones - they effect each pick above)
Summary:
Long: SBLK, RIG, NTE
Short: IOC, ANV, CRM

The money that poured into risky stocks in the last 12 months completely skipped this conservative company by. No doubt this had much to do with NTE suspending their dividend- a move I don't love- but I have every faith they will re-instate it when they feel comfortable, management is just really conservative with their cash... and they have TONS of it. As the second wave of the economic crisis hits, and bad companies can no longer fake performance by accessing free funds from central banks, NTE is poised to be able to outperform their competitors because they have absolutely zero need to finance anything, and the stock is currently trading below tangible book value!

Hunkered down for now, but ready to ramp up again with recovery

I am up >50%, as of Dec 9, but I am ready to buy more!

Sells for less then book; P/E of 7 . pays very high dividend . priced for disaster or bankrupty or fraud

Yesterday, Dec.8,'09. Texas Instruments revised EPS estimates for the fourth q. upwards: from $0.42-.50 to 47 -51.
Xilinx, Marvell Tech, Altera, Microchip Tech have all made optimistic reports recently.

I think (not sure about this) that most of these outfits buy from NTE. Certainly the chip business seems to be picking up.

I think this is a tremendous bargain.

This met a high level screen to indicate a buy and strong outperform against its peers (other tickers in its industry). My 1st version of this spreadsheet devles deep into the company's balnace sheet and recent income statements, combined with other relevant price data for the company including insider/institutional holdings, short interest, debt levels, etc.
Testing capabilities of this 1st version of my automated, valuation spreadhseet matched with my personal criteria and see how it holds up.

Lovin' the cash and low debt, but wary about the declining sales. Hoping the global economic recovery will reward NTE handsomely, although sluggish sales seemed to have begun prior to the global slowdown. And what's up with the divy? Where'd it go? Coming back?

NTE has a 2.5 cash to liabilities ratio (with ~$5.25 cash per share)
No Long Term Debt.

The price will likely sputter for a while, but I expect a significant increase within 2 years

Has more cash per share than its price, so its a bargain. Yield is really high. P/E low. Might not have greatest time in current economy, but very undervalued.

LT Buy

undervalued 3x

Great proven Company with solid fundamentals, just waiting for demand to turn around. This may take 4-8 months but when it does and the dividend is reinstated this will be winner