Qiao Xing Mobile Communication Co., Ltd. (NYSE:QXM)
The Company is a domestic manufacturer of mobile handsets. It manufactures and sells mobile handsets based on Global System for Mobile Communications, or GSM, global cellular technologies.
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Growing consumer market in China, + 3rd world, including africa, cheap and trendy + bling factor.
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New 3G equipment, huge market,
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I love how it sounds, Cha Ching!
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love china and love cell phones.
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An emerging luxury in an emerging market in an emerging country. Get ready to grow.
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In china they can only have one child,and now that the chinese people have extra money for the first time in their lives they are spoiling that child,and this company is making all these little mobile gizzy gazzy's,watch mobile,who ever heard of such?,but no matter because the children in china love the little electronic toys this company is coming up with,and therefore mama and papa are buy,buy,buy,and they are making some jack,so pops says they can file all the bad news they want,it an't gon'a stop this company from making mega bucks,as they are getting more popular every day.I even thought about buying me one of them gaggets,just as cute as they can be.We did'nt have stuff like that when I was a boy.The thumbs up from pops on this mobile company.
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Telecom is huge in China and this stock is close to a 52 week low.....time to scarf it up.
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The current low price meshed with the increasing market in China make this one appear to be a winner.
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IPO is currently going through the J curve phase. Company is making money in China, the company is posed for growth, and all that isn't priced into the stock yet
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good opportunities for growth in the chinese market, low p/e.
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