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Nam Tai Electronics, Inc. Message Board

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  • jaretwilson jaretwilson Nov 10, 2010 12:22 PM Flag

    what is a realistic growth pattern for this company

    I expect at least a double...beyond that, maybe, but it's harder to say. Let me mention 2 drivers that should make a real difference over the long haul:

    A year ago NTE bought back 1/4 of the company when they bought NTEEP. That multiplies earnings going forward.

    The Wuxi plant is complete but not yet producing revenue. The Q2 earnings release estimated that it would be making revenue and at breakeven in Q3 2011. If that is accurate, then approximately a year from now we'll have meaningful revenue and perhaps earnings from it as well.

 
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