thor2's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/142/comments http://seekingalpha.com/article/5105-a-bearish-call-on-china-techfaith-wireless-cntf?source=feed#comment-3585 3585
But to upgrade this to nationalism issue is a bit emotional. Business wise, CNTF story is not over yet. It is still growing in a relatively rapid pace.

1） During conf call, CNTF exec confirmed that their targeted design models are mid to high end. Meanwhile, after restructuring NEC will focus on mid to high end phones in China market. Therefore it is premature to conclude that CNTF will lose most contracts from NEC.

2) Assume a 100% withdrawal of Japanese companies from China cell phone market. If this is the case, Chinese cell phone players will recover. Then, being the No 1 design house in China, CNTF will get more contracts from them.

3) 3G is finally coming. CNTF should have an edge in competing with other local design houses over 3G technology.

4) It is not fair to relate all Japanese company's failure to CNTF. I don't think CNTF is that powerful, yet.

5) Huawei's IPO is nothing to do with CNTF. Huawei's CEO Mr Ren is far from being Warren Buffet, let alone a national hero.]]> Sat, 17 Dec 2005 03:18:52 -0500
But to upgrade this to nationalism issue is a bit emotional. Business wise, CNTF story is not over yet. It is still growing in a relatively rapid pace.

1） During conf call, CNTF exec confirmed that their targeted design models are mid to high end. Meanwhile, after restructuring NEC will focus on mid to high end phones in China market. Therefore it is premature to conclude that CNTF will lose most contracts from NEC.

2) Assume a 100% withdrawal of Japanese companies from China cell phone market. If this is the case, Chinese cell phone players will recover. Then, being the No 1 design house in China, CNTF will get more contracts from them.

3) 3G is finally coming. CNTF should have an edge in competing with other local design houses over 3G technology.

4) It is not fair to relate all Japanese company's failure to CNTF. I don't think CNTF is that powerful, yet.

5) Huawei's IPO is nothing to do with CNTF. Huawei's CEO Mr Ren is far from being Warren Buffet, let alone a national hero.]]> http://seekingalpha.com/article/4858-stock-pick-1-china-techfaith-wireless-cntf?source=feed#comment-2316 2316 Fri, 09 Dec 2005 18:35:01 -0500 http://seekingalpha.com/article/4281-china-techfaith-wireless-beats-by-0-04-guides-above-consensus-stock-up-12-in-after-hours-trading-cntf-3q05-earnings?source=feed#comment-2057 2057 Tue, 22 Nov 2005 19:39:21 -0500 http://seekingalpha.com/article/3232-investor-assesses-china-techfaith-wireless-weak-stock-performance-cntf?source=feed#comment-1755 1755
For those who are bringing the stock down these days, I wonder how did they get the shares to short. There aren't too many shares available to borrow, and the short interest is not high either. How did this happen?

Probably the underwriters have enough shares got at low price in IPO deal, and selling at this level they still can make money? But why don't they distribute it slowly at higher price? Or maybe they just dump the shares from one pocket to another. Who knows.

Or, it could be that someone knows some good reasons (that we don't know yet) which confirms the stock should be traded at, say$5-7 level, so they are taking advantage of knowing that earlier and shorting the stock for profit.

I'm also puzzled by the fact that there is no big buyers even at this level. Without issuing real bad news, the company is 50% on sale from its IPO price labelled just a few months ago.

Will be interesting to see...]]> Thu, 13 Oct 2005 16:53:07 -0400
For those who are bringing the stock down these days, I wonder how did they get the shares to short. There aren't too many shares available to borrow, and the short interest is not high either. How did this happen?

Probably the underwriters have enough shares got at low price in IPO deal, and selling at this level they still can make money? But why don't they distribute it slowly at higher price? Or maybe they just dump the shares from one pocket to another. Who knows.

Or, it could be that someone knows some good reasons (that we don't know yet) which confirms the stock should be traded at, say$5-7 level, so they are taking advantage of knowing that earlier and shorting the stock for profit.

I'm also puzzled by the fact that there is no big buyers even at this level. Without issuing real bad news, the company is 50% on sale from its IPO price labelled just a few months ago.

Will be interesting to see...]]> http://seekingalpha.com/article/3232-investor-assesses-china-techfaith-wireless-weak-stock-performance-cntf?source=feed#comment-1748 1748 Wed, 12 Oct 2005 03:34:12 -0400 http://seekingalpha.com/article/3232-investor-assesses-china-techfaith-wireless-weak-stock-performance-cntf?source=feed#comment-1743 1743 Tue, 11 Oct 2005 02:11:13 -0400 http://seekingalpha.com/article/3328-more-thoughts-on-china-techfaith-wireless-cntf?source=feed#comment-1736 1736
I do not agree because:

1) That cash is not totally overlooked. At least Kaufman's analyst should be aware of it.

2) It's hard to say that the cash itself will have same revenue generating rate as the rest part of the company.

Actually a $22 target looks more reasonable from P/E point of view. I think the $15 target is on the conservative side. A healthy growth company should have more than 20x P/E. However, I just don't buy your approach.]]> Thu, 06 Oct 2005 13:02:00 -0400
I do not agree because:

1) That cash is not totally overlooked. At least Kaufman's analyst should be aware of it.

2) It's hard to say that the cash itself will have same revenue generating rate as the rest part of the company.

Actually a $22 target looks more reasonable from P/E point of view. I think the $15 target is on the conservative side. A healthy growth company should have more than 20x P/E. However, I just don't buy your approach.]]> http://seekingalpha.com/article/3232-investor-assesses-china-techfaith-wireless-weak-stock-performance-cntf?source=feed#comment-1722 1722 Fri, 30 Sep 2005 18:26:21 -0400 http://seekingalpha.com/article/3232-investor-assesses-china-techfaith-wireless-weak-stock-performance-cntf?source=feed#comment-1719 1719 Fri, 30 Sep 2005 02:43:46 -0400 http://seekingalpha.com/article/3232-investor-assesses-china-techfaith-wireless-weak-stock-performance-cntf?source=feed#comment-1717 1717 Thu, 29 Sep 2005 16:32:59 -0400 http://seekingalpha.com/article/3232-investor-assesses-china-techfaith-wireless-weak-stock-performance-cntf?source=feed#comment-1712 1712 Wed, 28 Sep 2005 16:15:19 -0400