Wed, Jul 23, 2014, 7:46 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Nam Tai Electronics, Inc. Message Board

  • smkros smkros Jun 18, 2013 10:38 AM Flag

    Price Target to Buy?

    This downward slide since earnings is no surprise and will probably continue. As the share price continues to fall with little hope of a near term catalyst to turn things around, shareholders are feeling significant pain. I'm sure nearly everyone on this board is aware that this stock traded for net cash value at sub $5 just over a year ago and could easily fall that low again.

    However, from a strict asset play the company is getting more and more interesting. My quick and dirty valuation of the company's assets excluding the re-development site is in the low $6 range. At that price I love the idea of getting the Shenzhen land for free. It'll take several years to realize the value, but those with patience will have a high probability of being rewarded.

    Sentiment: Hold

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
NTE
7.020.00(0.00%)Apr 21 4:00 PMEDT

Trending Tickers

i
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.