Toro Investment Partners
Long/short equity, value, special situations, contrarian

NQ Mobile Is A Deeply Undervalued Battleground Stock Primed For A Major Move

We have previously written about the fundamental case for buying NQ Mobile ("NQ", or "the Company"), the global smartphone security leader (here and here). As noted in our previous articles, we believe NQ provides long-term investors the opportunity to realize a base case ~3x return on invested capital over the next 12-18 months. The possibility of even further upside is significant as NQ evolves, although our base case does not contemplate that at the moment.

NQ has become the largest pure-play mobile software company by both revenue and earnings in the Greater China region and the most successful Chinese company to expand internationally ever, with the majority of its revenues now coming from outside of China. And yet,...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details