Qiao Xing Universal Telephone, Inc. (NASDAQ:XING)
Principally engaged in the sale of telecommunication terminals and equipment, including cord and cordless telephone sets, in Mainland China; and the production and sale of mobile phones and accessories in Mainland China.
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It's ring-ring for Xing. Telecoms in China? Ni Hao! (That means Hello.
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chinese cell phone company...will allow people in rural areas to watch olympics over cell phone--most can't afford television
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Xing is a fast growing (35%) chinese cell phone manufacturer at a p/e of 9. They are rapidly gaining market share due to great designs and low prices. It may appear in the IBD 100 soon
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nonstop growth
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XING due to report earnings in the next 2 weeks and they have already said up 90% over last year. They have deals with msft and palm which will give them sales growth for years to come. Looks like they will make about 1.80 this year. Hit a new 52 week high today with no news. Keep an eye on the palm theo selling in China and Europe as xing is making the 1 that is sold in China not sure if they are making the ones sold in Europe if they are this is just the beginning for xing imo.
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This is Kevin from Yahoo board & InvestmentProfessionalsAvalon. Do I have to say more? 30 by 01/2007, 50 by 01/2008, and 80 by 01/2009.
EPS Estimates: 2006 - 1.8 ~ 2.1. 2007 - 3 ~ 3.5. 2008 - 5.5 ~ 6.5. 2009 - 9 ~ 10.
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35% growth and low PE... duh!
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Here's a company the understands the Chineese market. Their new phone will drive earnings in the near term.
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According to all the research, they will grow 30% every year for next 10 years.
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This stock is the Nokia of China - huge local player.
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This company is keeping intenet traffic under control
as well as uniform.
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this is a China phone stock that has very good earnings and good revenue.
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35% growth rate!
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