$2.46

-0.35 (-12.46%)

10/6/2008 4:03 PM

Qiao Xing Mobile Communication Co., Ltd. (QXM)

CAPS Rating:

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.

Rating a stock in CAPS consists of three components:

Your call - Will this stock outperform or underperform the S&P 500? Successful picks are measured in terms of whether or not you were correct and by how many percentage points.

Your time frame - A guideline for other members to see whether your thinking is short or long-term. Time frame is also used to calculate the stock rating, but is not used in the scoring of your pick.

Your pitch - Here's your chance to offer more detailed thoughts, analysis, concerns, or the rationale behind your call. The pitch is optional and may be added later.

Each time you rate a stock, CAPS updates the community intelligence for the company, which may or may not change its CAPS rating. For more information, visit the Help tab at the top of the page.

You aren't currently rating QXM

Add Stock to Watchlist

What the Community Thinks

Total Members

420 Outperforms

12 Underperforms

All-Stars

59 Outperforms

1 Underperforms

Wall Street

2 Outperforms

0 Underperforms

Members bullish on QXM are also bullish on:

Members bearish on QXM are also bearish on:

Ticker Tags

Micro Cap (4824), IPO in 2007 (239), China (199), Wireless Communications (82)
Suggest a tag

Qiao Xing Mobile Communication Co., Ltd. At A Glance

Current Price:	$2.46
Last Trade Time:	10/6/2008 4:03 PM
Open:	$0.00
Previous Close:	$2.81
Daily Range:	$2.36 - $2.80
52-Week Range:	$2.75 - $15.48
Volume:	294,359
Market Cap:	$185.20M
P/E Ratio:	2.18
Compare Our Special Broker Offers!

Stock Trends

QXM VS S&P 500 (SPY)

News & Discussion Boards

Other News Headlines for QXM

Handset maker Qiao Xing Mobile 2Q profit declines
9/12/2008 7:13:00 PM - AP
Qiao Xing shares jump after annual report
7/14/2008 2:26:00 PM - AP
Qiao Xing shares plunge after 4Q results
4/21/2008 3:33:00 PM - AP

More Headlines...

Top Bull Pitch

Recs

6 Qiao Xing Mobile Communication Co., Ltd. (QXM)

Avatar floridabuilder (99.90) Submitted: 9/19/08 4:46 PM

Bought QXM with real dollars....

I will be the first to say that QXM's recent huge 50% miss on revenue was scary and blaming it on the earthquake... well I don't get that logic... those cwazy chinese... maybe earthquake in chinese means $hitty sales force.... In any event why would I buy a stock t...More

Replies: 5 | Reply | Permalink

Top Bear Pitch

Recs

3 Qiao Xing Mobile Communication Co., Ltd. (QXM)

Avatar SBeren (< 20) Submitted: 9/23/08 10:29 PM

For some reason it won't let me reply to floridabuilder's pitch, so I'll post it here.

I went over it again, and I'd have to disagree.

http://www.sec.gov/Archives/edgar/data/1386607/000095013408009803/d57003exv99w2.htm

to summarize: Fixed Conversion Price:
$7.43...More

Replies: 2 | Reply | Permalink

CAPS Members

Show Me:

Sort by:

picks per page. CHANGE

Results 1 - 5 of 68 : 1 2 3 4 5 Next » Jump to page:

Show Pitch Replies

Recs 0 (QXM) pverea (79.14) Submitted: 10/02/08 1:38 PM : Start Price: $2.90 QXM Score: -8.31 negative enterprise value!!! No brainer, even though sales may drop, still producing positive cash flow!! Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (QXM) decbutt (75.08) Submitted: 9/30/08 9:43 AM : Start Price: $3.00 QXM Score: -10.37 I picked QXM, TRA and TSM to run head to head with TMFs Paul Elliott's picks. They were purchased on the same day as his picks. Winner owes the loser a coke. * My choices were based on some very simple criteria. One of which was CASH!! the company owned Paul never responded or agreed to the bet. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (QXM) outoffocus (< 20)* Submitted: 9/27/08 8:14 PM : Start Price: $3.20 QXM Score: -10.99 I dont care what anyone says. I think China is on its way to being one of the if not THE world's superpower. So any strong profitable company that is trading uber cheap is a buy to me. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 3 (QXM) SBeren (< 20) Submitted: 9/23/08 10:29 PM : Start Price: $3.14 QXM Score: 9.55 For some reason it won't let me reply to floridabuilder's pitch, so I'll post it here. I went over it again, and I'd have to disagree. http://www.sec.gov/Archives/edgar/data/1386607/000095013408009803/d57003exv99w2.htm to summarize: Fixed Conversion Price: $7.4300 Definition: If the volume weighted average price of the Company’s common stock during the 5 trading days immediately prior to any Reset Date (Average Price) is less than $6.76, the Fixed Conversion Price shall reset to 92.5% of the Average Price. For more information regarding the Reset Dates, please see Detailed Source. This doesn't look good. The investors can convert at 7.5% below the avg price at any time essentially, and potentially cover a preexisting short position. Win-win situation for convertible holder... Create short position, stock drops, convert shares, cover short. Also, they are not trading anything in. The investors purchased convertible debt which is convertible to common stock and thus becomes dilutive. On 06/27/08 QXM filed a registration statement to register 15,615,747 QXM shares. Those shares became effective (freely tradable) on 07/11/08. http://www.sec.gov/Archives/edgar/data/1386607/000114554908001171/h02251fv3.htm Furthermore, QXM is not an SEC reporting company - and from my personal work experience, Chinese financial audits are not trustworthy and usually completely unreliable. Therefore, any of their financial numbers or projections cannot be trusted. Having said all of this, I am not contending that QXM is not a good buy or that it won't perform well, but I would conclude that it is a very risky investment given the clouded financial reporting. Report this Post Replies: 2 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (QXM) xserver (72.88) Submitted: 9/22/08 10:43 AM : Start Price: $3.55 QXM Score: -15.54 Thanks floridabuilder. Err...assuming it goes up that is. And it should. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out.
Results 1 - 5 of 68 : 1 2 3 4 5 Next » Jump to page:

Wall Street

Results 1 - 2 of 2

picks per page. CHANGE

Top Pick	Member Name	Member Rating	Start Date	Call	Time Frame	Start Price	Stock Gain	S&P Gain	Score	Pitch
	TrackWIG	84.61	10/15/07		5Y	$13.50	-81.78%	-32.57%	-49.20
	TrackCowenandCo	76.02	06/13/07		NS	$9.99	-75.38%	-30.42%	-44.96

Results 1 - 2 of 2

Beat this Stock

Clicking "Beat this Stock!" will bring you to a company with a higher rating than the one you're currently viewing.

Even though CAPS shows only one- to five-star rankings, behind the scenes, all companies in CAPS have a distinct numerical ranking. In other words, there is a No. 1 stock in CAPS and a worst-ranked stock in CAPS. When you arrive at the top-ranked stock, clicking "Beat this Stock!" will cause the page to refresh.

That is, until there is a new No. 1 stock!

These companies do not represent formal Motley Fool recommendations. Please do your own due diligence before investing. Fool on.