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$4.23 -0.07 (-1.63%)
7/24/2008 2:28 PM

China GrenTech Corp Limited (ADR) (GRRF)

CAPS Rating:
*****

A provider of wireless coverage products and services in China and also a developer of radio frequency, or RF, technology.

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What the Community Thinks

Total Members

360 Outperforms
17 Underperforms
 

All-Stars

110 Outperforms
6 Underperforms
 

Wall Street

2 Outperforms
0 Underperforms
 

Members bullish on GRRF are also bullish on:

Members bearish on GRRF are also bearish on:

Ticker Tags

Mid Cap (670), Wireless Communications (82)
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China GrenTech Corp Limited (ADR) At A Glance

Current Price: $4.23
Last Trade Time: 7/24/2008 2:28 PM
Open: $4.33
Previous Close: $4.30
Daily Range: $4.23 - $4.33
52-Week Range: $3.85 - $12.78
Volume: 8,250
Market Cap: $126.50M
P/E Ratio: 8.60
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Stock Trends

GRRF VS S&P 500 (SPY)

GRRF 12 month chart vs. S&P

News & Discussion Boards

Sorry no news articles available for GRRF.

Top Bull Pitch

Recs

1

China GrenTech Corp Limited (ADR) (GRRF)

Avatar dbbfool63 (88.15) Submitted: 7/09/08 1:37 PM

Regardless of the Economy, this is a technology that all governments in all countries need to keep up the ever demanding need for communications within every sector of their government agencies especially when you consider how important it is during war time, emergency management just to name a coup...More

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Top Bear Pitch

Recs

10

China GrenTech Corp Limited (ADR) (GRRF)

Avatar imabugger (< 20) Submitted: 6/23/07 11:29 AM

Another Chinese military front company. They will outperform until the management team is executed and their organs are harvested.

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CAPS Members

picks per page. CHANGE

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Recs

1

 (GRRF)

Avatar dbbfool63 (88.15) Submitted: 7/09/08 1:37 PM : Outperform Start Price: $4.37 GRRF Score: -1.72

Regardless of the Economy, this is a technology that all governments in all countries need to keep up the ever demanding need for communications within every sector of their government agencies especially when you consider how important it is during war time, emergency management just to name a couple.

There are so many situations that we rely on now through fixed wire feeds that are great, but what happens when that fails during a natural disaster which are occurring more & more every year and getting worse all over the world.

Governments have already awarded select companies in the communications field a lot of money to start getting their technology rolled out quicker and R&D to expand on making it even better.

Whats even better, is that consumers want it even more and can't wait for the next product generation within these technologies.

Bottom line: Technology covers a wide spectrum and without it we would not be where we are today in every aspect of life, but, Communication Technology is one that everyone from all walks of life use and even the average consumer sees it as a necessity. Most importantly, the government continues to help finance the technology for further enhancements and continued security.

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Recs

0

 (GRRF)

Avatar JTHokie (69.44) Submitted: 6/21/08 12:05 AM : Outperform Start Price: $5.15 GRRF Score: -12.54

Cheap stock, been beaten down. Hoping for a little rebound. Did I mention I love China?

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Recs

1

 (GRRF)

Avatar RodgerRafter (83.37) Submitted: 5/23/08 3:56 PM : Outperform Start Price: $7.36 GRRF Score: -35.50

Book Value per share = $8.97, as of 3/31/08.
Stock trading at about $5.00 on 5/23/08.
Trailing 12 month revenue growth = 20%.
Trailing 12 months EPS = $0.45 cents, but that should get better because:

1. Revenue growth has been limited in recent quarters because of uncertainty surrounding Chinese telecom restructuring, which will be resolved very soon.
2. Major customers (China Mobile and China Unicom) have been switching to a regional bidding model that defers revenue and profit recognition out over time for Grentech.
3. EPS would have been about 25% higher if the company hadn't had to book a paper loss for the decline in the value of their US dollars. Dollar accounts will mostly be converted to RMB by the end of Q3, so those charges will be gone.

The reality for US investors in Chinese companies is that the rising value of the Chinese RMB relative to the dollar is a positive, rather than a negative. Book value per share increased by $1.28 over the past 4 quarters, even though GAAP earnings were just 45 cents, mainly because of the currency issues.

GRRF has a good business model and is committed to continue R&D spending to increase product offerings while attempting to build an international customer base. They are well positioned in a growing sector in the world's fastest growing economy.

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Recs

0

 (GRRF)

Avatar foolishddaryl (< 20) Submitted: 5/22/08 9:56 AM : Outperform Start Price: $4.82 GRRF Score: -1.70

Trading near its 52 week low, after posting positive results for last year and last quarter.





Buy low sell high

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Recs

0

 (GRRF)

Avatar AbeMishima (< 20) Submitted: 5/20/08 1:30 PM : Outperform Start Price: $5.39 GRRF Score: -9.77

Never underestimate the power of the Olympics. This is China's showcase. People will need handsets and mobile gear. Just to TM each other. Those who have tickets, or watch on tv, will call their friends at work or in a different time zone. At least that is my theory. Always buy a stock when it gets a haircut. Under $5, it is even a better buy.

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Wall Street

Results 1 - 2 of 2  

picks per page. CHANGE

Top
Pick
Member NameMember RatingStart
Date
CallTime FrameStart
Price
Stock
Gain
S&P
Gain
ScorePitch
TrackSusquehanna < 20 11/08/07 11/08/07 Outperform NS $10.59-59.96%-14.73%-45.23
TrackPiperJaff 77.07 11/27/06 11/27/06 Outperform NS $17.00-75.06%-9.99%-65.06

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