Yucheng Technologies Limited (NASDAQ:YTEC)

This is stock takes 3 steps forward and 2 steps, back don't pay attention to the volatility though, it's a good company that is undervalued. And I own it in real life. I bought at 14 and am looking for atleast 30 before I sell.

buy @15 sell @19

Foreign Stocks are all the rage and probably the rage is over. However, this one stock is keeping my in the foreign stock game. This company makes an interesting product in China. They make all the units that retailers have to swipe credit cards. Now in the US and most civilized areas, these units are staples within stores, but in China this is a new concept and is slowly growing across the country. This company pretty much has a monopoly on the market for these devices and should be a valuable stock for the next couple of years.

Two main reasons: Money and China!

Little known company that has a very strong financial services IT business in China. The valuation is about a 25-30% discount to Longtop (ticker LFT).

Undervalued Chinese IT stock.....seems to keep signing lucrative projects with Chinese banks. Huge upside potential on this one.

Don't need to think to hard on this one. Read
the press on ytec for the last year. These guys
are the fair-haired favorites of the power structure. Look who uses their services. They
will NOT be permitted to fail.

Yucheng is the leader in IT services for banks in China. A very tiny percentage of the Chinese population is currently utlizing banking technology (credit/debit cards, online banking, etc). Over the next 10 years, Chinese consumers are going to migrate towards credit/debit cards and more automated and online banking. Chinese banks are already gearing up for the changes and they are choosing YTEC to help them. There is incredible opportunity in this business and YTEC is very well positioned.

Yucheng announces yet another contract win. This time with commercial bank, Bank of Shanghai. With contract wins coming from left and right, ranging from the larger banks to the smaller ones, Yucheng is putting their products and services to work, gaining wider publicity and earning a more solid reputation. Do not forget, their highly specialized management sees 9.3m in net income by the end of the year compared to the previously stated 8.5m. Once the market cleans its act, YTEC will head to the high teens to low twenties.

Heavily oversold, Heavily undervalued.

Looks decent.

Some of these neglected Chinese small caps are going to the monster stocks of the next decades. I'm in. A reasonable valuation, too.

small cap big potential

Chinese banks are buying up stakes in the likes of Bear Stearns. They all need YTEC.

Chinese IT software and consulting services small cap with huge momentum and growth potential specialized in Banking infrastructure automation in China of course...
Good sentiment since low P/E, high profit margin, excellent and growing customer base (just landed 3 new contracts with the China Construction Bank for around USD 28 million) and still small and not well known since listed on Nasdaq in March 2007.

Pro
The most recent quarterly earnings report was much higher than analysts’ consensus forecast. Positive
Shares are under heavy accumulation by financial institutions. Positive for a small company like YTEC
The StockScouter measure of relative price change and consistency is high. Positive
Overall score 9

Small CAP Chinese , Internet banking , has recently cracked a major deal with large Chinese bank, should be more to follow, can expect some swings but I think a good run till March 2008

The banking industry in China has been singled out by some of the writer "fools" as a tremendous area of growth.

It's the next JRJC

I'll get wipped sawed on the pull-back of the PR but this looks like a promising speculation on IT to china banks. great margin and P/e ratio doesn't look crazy.