Qiao Xing Universal Telephone, Inc. (XING)

This is incredibly undervalued

Stocks of Chinese companies have been severely beaten down. Many of these stocks now exhibit values rarely seen. XING is a perfect example:
trades at 0.29 price/book
$440M cash, exceeds the debt plus market cap by $40M
Trailing PE 1.0
Forward PE 2.7
* don your reading glasses if you don't think the PE ratios are noteworth, as you have overlooked a decimal

According to Yahoo Finance, XING is trading at 29% of book value. Also their net cash exceeds their market cap by almost 40%.

As long as there aren't shenanigans in their books, this is highly oversold. Scones, Thanks for the blog post about China value picks.

That company holds more than $14 per share of cash in its hands, and the book value is also around $14. It has to go up !

Growth. China's population. Its simple math.

CHINA, CHINA, CHINA!

china analyst www.cnanalyst.com potential ranking

This stock was picked by TMFCHarris in the 2008 TMF Stockpicking Contest.

China. Olympics. Telecom. Also, severely beaten down from their 2007 high. A scandal rocked them, but I think they've taken their licks and will continue to grow. Should also benefit from the Olympic-effet on the Chinese market. Real money in @ $6/share, I'm holding them until mid-summer.

CAPS Rating - 4 Stars [520 outperforms / 29 underperforms]

Risky due to their lack of communication. As long as the books aren't cooked, then I am more than happy to buy here.

Chinese telcom

Olympics are coming, and I'll bet XING sells a ton of Phones to visiting teams. The WORLD is going to visit CHINA. Trades close to Book Value, and cash on hand. No Debt.

Trading at 2.9x future EPS but lack of company guidance is kind of scary.

As a prior long of this stock, it seemed as if it was always oversold and should turn around. It looks like a good value with a P/E that is ridiculously low, but don't be fooled. This company never reports on time and always late and has the worst PR department around. It's management is extremely stockholder UNfriendly, There is only one analyst, a paid analyst, who has had a "strong buy" on this stock since it slid from the 19s to the 5s.

XING burned their bridges over and over with a lack of transparency and unfriendly actions towards stockholders.

Buyers beware! It's fun to buy a lottery ticket, but at least know the odds of winning.

52 week low. The scandal is gradually fading into the distance.

Qiao Xing Universal is a cell phone equipment provider that I've disliked for a few years, but I can't let a little thing like disliking their business stop me from noticing a ridiculously good value when I see it. They maintain a solid amount of cash and are trading at a trailing P/e of just 4! I'm serious... 4! Revenue growth is solidly in the 29-35% range and every other statistical figure shows XING trading below industry averages. Solid technical support levels are approaching. Time to dive right in.

Nero

Sagetrade

Double or nothing when the next earnings report comes out. One way or the other, it will not be at 8. I am punting on double - but it could easily be nothing.

gap