Sat, Sep 20, 2014, 12:40 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Nam Tai Electronics, Inc. Message Board

  • medicalguy461 medicalguy461 Jan 31, 2013 7:40 PM Flag

    Results LOST in translation = lost momentum

    I for one am a very invested in NTE 5000 @ 15 and still remain bullish. However, after listening to the conference call, I was totally LOST due not to content but translation. We, PR group, need to prep anyone responsible with both the delivery and content. No disrespect but had I not done my due diligence I would have run for the door after the CC. I believe we lost most of the groundswell of blowout numbers due to the misunderstanding of the gross profit margins going forward. There was a audible sound of the life being suck from the positive momentum of message.

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Can anything be done to correct this translation problem?

      Sentiment: Strong Buy

    • I agree. Too many folks take Mr. Koo's admonitions at face value.

      Go back and read the 2011 annual report. The cautionary language is almost verbatim and yet NTE doubled in 2012. I will gladly take another double this year and the year after...

    • I think when Mr. Koo talk about future gross margin there no misunderstanding from translation. He say consider gross margin 6% to 7% reasonable. Mention there are some other income items in this and last few quarters like currency exchange gain which help boost margins.

      Maybe he being conservative by giving 6% to 7% gross margin guidance but I don't think there were misunderstanding because of his english. Some part such as when he talk about technology or production process is little confusing. However I think it because he is not engineer background so not familiar with many technology terms.

      • 1 Reply to chan_lei_ha
      • The foreign exchange gain was $1 million. That's out of gross profit of $49 million. That's pretty negligible -- 2 cents per share was from foreign exchange gain.

        I agree that the issue was him being conservative, not translation issues. However, it still might be helpful if they have a translator around just in case.

        Sentiment: Strong Buy

7.020.00(0.00%)Apr 21 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Genworth Financial, Inc.
NYSEFri, Sep 19, 2014 4:03 PM EDT
AutoZone, Inc.
NYSEFri, Sep 19, 2014 4:02 PM EDT