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Andy Li, CFA

 
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  • Six Reasons to Buy Ambow Education [View article]
    Not every good company needs to have a low P/E. A company with promising future and good management is also great!
    Sep 8 04:39 AM | 1 Like Like |Link to Comment
  • Six Reasons to Buy Ambow Education [View article]
    In China, there is one famous saying:
    Never let the child to be poor,even though we are very poor.
    Parents in China can spend every penny on childern's education, even though carry debts!
    Sep 8 04:37 AM | Likes Like |Link to Comment
  • New Energy Systems: Hidden Gem With Strong Foundations for Growth [View article]
    Dan,

    Barron's recent article really launched a strong attack on Chinese Reverse Mergers. However, I won't think it holds for NEWN.
    1. NEWN has launched its brand in U.S.
    2. NEWN has been licensed to manufacture backup power systems and accessories interoperable with Apple's (AAPL) mobile digital devices.
    3. NEWN is located in Shengzhen, which received increasing incentives from Government these days.
    For all above reasons, I won't consider NEWN as a fraud!

    Shares issued to individuals who served as consultants on the two acquisitions in Dec. 2009 and Jan 2010.
    Will GS release how much they get paid when they launched an IPO?
    What I care about are the stock options/warrants held by the insiders. The exercise prices for those are ~$6.4 and that makes me feel confident in NEWN which operates at only 50% of its capacity.

    What indicators do you look for on Level II that supports your theory that traders are "playing" with NEWN to facilitate accumulation?
    It is hard to summarize my findings in words but you can take a look at the major brokers who play with NEWN each day. This is more related to supply/demand, i.e., Technical Analysis, which is beyond my discussion of fundamentals here.

    For companies just listed on a major exchange, investors need a little time to digest the information. Once they realize, we'll see a true rally! This happened in GFRE, YONG last year.

    In short, don't throw out the baby with the bath water!
    Sep 7 04:45 PM | Likes Like |Link to Comment
  • New Energy Systems: Hidden Gem With Strong Foundations for Growth [View article]
    Mr. Dan,

    Thanks for your comments. The reason that NEWN's gross margin is flat in QII, 2010 is because of integration and its one-time payment to complete its acquisition of Anytone. Why the stock is not flying? One possible reason is that no big institutions enter now and traders are playing with it to accumulate shares (Level II data will confirm this!)
    Three events are ahead IMO and should drive NEWN to a much higher price.
    1. The CEO will ring Nasdaq opening bell?
    2. Roadshow of NEWN
    3. 3rd Quarter ER
    In the meantime, keep in mind that any good PR from NEWN will also help price rise.

    Andy
    Sep 7 12:36 PM | Likes Like |Link to Comment
  • Six Reasons to Buy Ambow Education [View article]
    Hi Ricardolite,

    Thanks for your comments and warm words. Very encouraging indeed!
    I agree with you that New Oriental has also entered into ZhongKao and Gaokao after-school tutoring as the barrier to entry is not as big as it looks. However, AMBO has advantages over New Oriental as it is in a dominant position. In China, the earlier you enter into the market, the better position you have now.

    All the best,
    Andy
    Sep 7 12:26 PM | 2 Likes Like |Link to Comment
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