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Josh Franklin  

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  • A Detailed Look At China Techfaith's Real Estate Assets [View article]
    2008 all over again, however this time around they have 165 million in the bank and 175 million in real estate on the books. This is not a cell phone company anymore - its a real estate company with next to no debt and net 137 million in cash.

    adding when i see fit here. Panic selling is my friend
    Aug 20, 2015. 01:47 PM | Likes Like |Link to Comment
  • A Detailed Look At China Techfaith's Real Estate Assets [View article]
    82k share bid - lets clean out seller
    Aug 18, 2015. 09:43 AM | Likes Like |Link to Comment
  • A Detailed Look At China Techfaith's Real Estate Assets [View article]
    we'll find out in 1-4 weeks if they come to States in Sept to meet investors for the first time in years
    Aug 12, 2015. 12:20 PM | Likes Like |Link to Comment
  • A Detailed Look At China Techfaith's Real Estate Assets [View article]
    bollinger band started its sideways pattern.....if shares stay in this range for a few more days weeks - watchout!
    Aug 11, 2015. 01:35 PM | Likes Like |Link to Comment
  • A Detailed Look At China Techfaith's Real Estate Assets [View article]
    In 2010 UTSI sold its Hangzhou complex(behind cntf's campus above) for $140 million USD - They constructed the facility in early 2000s(Google it). It was about 250k sq meters of manufacturing, R&D and office space vs CNTF's 45k sq meters & 101k sq mtrs when completed. This is no ghost town. low ball valuation on this property alone is 45 million dollars.

    The Beijing Tech Park(above) has DHL, Corning Gorilla Glass, BMW , Audi and some drug companies near them..... This area is in the 1st inning of growth esp with the 2022 winter Olympics coming to Beijing. low ball valuation 25 million

    The Beijing solo building that has 4 floors up for sale is in a very mature area of the 4th ring road. One floor left. We wait until conf call( 13 trading days away) for the update on the sales process of the 4 floors. This building is low ball valued at 20 million and could generate 32 million on the next conf call if sold with one floor left. IMO, this is the biggest catalyst on the shares in the near term.

    These properties alone, excluding the additions on the first two properties and the absence of the other properties puts a low ball valuation on CNTF @ 90 million USD vs the 49 million mkt cap today. When it gets a volume and price increase it'll trigger screens to get long.

    The major problem with the shares is one set of investors want the wireless business to be discontinued and another set wants the wireless group to show growth. I just want clarity one way or the other. I think the CTO is incompetent and I believe the niche market model if not already profitable it'll never be without major changes in strategy or executives.
    Aug 2, 2015. 11:27 AM | Likes Like |Link to Comment
  • China TechFaith Could Benefit From The New Free Trade Zone [View article]
    http://on.wsj.com/1SHEw3q

    From Asia WSJ today....
    Jul 25, 2015. 12:35 PM | Likes Like |Link to Comment
  • A Detailed Look At China Techfaith's Real Estate Assets [View article]
    I've been buying too......under $1.00 its for me
    Jul 21, 2015. 01:09 AM | Likes Like |Link to Comment
  • A Detailed Look At China Techfaith's Real Estate Assets [View article]
    added more shares the past 3 days ......

    stock could fly once its clears 1.20-1.30 area .....

    accumulating at 1.00 range +/-

    Interest rates coming down aggressively in China which bodes very well for CNTF with lil debt , big cash and strong real estate assets to potentially take advantage of cheap money and buy income producing RE in the future which would propel them to pay dividends in short order.

    stock should be 3.00 once wireless is sold, proven on profitable path, spun off and/or R/E is proven to show cash flow.

    Patience and then one day it could do a CHOP like run 1.00 -4.50 then settle back in at 3.00 +/- .50cents.....

    Company must coordinate news flow and forward progress accordingly.
    Jul 10, 2015. 11:21 AM | Likes Like |Link to Comment
  • Yes, 2014 Was A Bad Year - But Origin Agritech Could Be A Decent Long-Term Investment. [View article]
    added more - company seems quite bullish on its biotech arm - that unit could be worth 100s of millions to come vs the whole mkt cap today at 40mm.

    3.50 target by Oct/Nov - hopefully sooner

    do your own DD
    Jul 6, 2015. 11:22 AM | Likes Like |Link to Comment
  • A Detailed Look At China Techfaith's Real Estate Assets [View article]
    Hangzhou, resides in a very popular tech heavy area and will have $110 million dollars invested once phase II is completed as stated above by John. The property was purchased in 2008-2009 at a very attractive price. I have to believe when completed the property value will have doubled equaling ~ 220 million in fair value(the land will be in the hands of CNTF for a full 9-10 years). A full 6 building campus with a middle common ground meeting building bringing it to 7 buildings in total. Someone like Alibaba or Netease would be plug and play into that campus when completed. I do not think CNTF will sell any of these floors or buildings like they recently did in Beijing as mentioned in the article. IMO, this is set to be a campus and a big homerun for shareholders. In addition, rental income will be collected to the tune of ~ $2 million in 2015, ~ $3 million for 2016 & 2017 totaling approximately $8 million in rental income on the first phase. Phase two should start producing rental income in 2018 bringing annual rental income to $4 million and potentially hitting $6-7 million by 2019.

    What does this mean to shareholders? Well you're paying $64mm +/- for a company that'll have one strong real estate stake amongst China's best Technology companies. You're paying 1/4 for what CNTF's Hangzhou property could be worth in 2.5 years. In addition, for protective measures, you get 40mm in net cash(176mm- 130mm for phase II build-out) with the additional cash flow of $31.6-33mm from the sale of the 4 floors under contract in 2015, the potential sale of the last floor in the Beijing building which could come at $10mm price tag, the potential for the company to sell its lone building in Shanghai for $5-8mm, the potential of the company to sell floors and buildings in its Beijing Tech Park that has 16/32 buildings completed(when completed the CNTF could sell 10 buildings +/- to pay for the entire property) and it has its Shenyang campus as a wild card worth 20mm +/-.

    At some point in 2015 someone is going to recognize this asset on the institutional side and own the shares.

    Here's what should be done:

    The assets are worth a lot more than 64 mm today.

    The company needs to spin off the wireless arm once it can get it mass production on 4G. Fire the CTO ASAP and pay up for Xiaomi heads to run wireless. Instant credibility and appreciation in shares.

    Company should pay a small dividend

    Company should make plans to become a REIT

    Boom for the 4th of July!
    Jul 4, 2015. 02:22 PM | Likes Like |Link to Comment
  • WuXi Pharma up 16% premarket on buyout offer [View news story]
    another potential buyout candidate? http://bit.ly/1Lohuyh
    Jun 25, 2015. 12:19 PM | Likes Like |Link to Comment
  • Garmin: Solid But Nothing Spectacular [View article]
    CNTF could be a good piggy back trade off fit and grmn

    http://bit.ly/1Lohuyh
    Jun 25, 2015. 09:08 AM | Likes Like |Link to Comment
  • Chinese Internet stocks jump after Qihoo's buyout offer, overseas rally [View news story]
    CNTF has the Balance sheet to be Private ready

    http://bit.ly/1Lohuyh
    Jun 25, 2015. 09:07 AM | Likes Like |Link to Comment
  • Qihoo 360 Receives $10B Non-Binding Deal: What Investors Need To Know [View article]
    CNTF could be next? http://bit.ly/1Lohuyh
    Jun 25, 2015. 09:06 AM | Likes Like |Link to Comment
  • I Bought A Fitbit, Buy Fitbit? [View article]
    http://bit.ly/1Lohuyh
    Jun 24, 2015. 02:24 PM | 1 Like Like |Link to Comment
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