Dutton Associates� XING analyst Stanley estimate this year high XING EPS 1.80 and Y2007 EPS 2.18!
http://finance.yahoo.com/q/ae?s=XING Then,this year fair value price of XING stock will be $36! -------> 1.80*20=36. -------> same industry average P/E:25.62. If we apply possible P/E 25, Then,the stock price can go up to $45 within this year! -----> 1.80*25=45. And,next year fair value price of XING will be $43.60! ------> 2.18*20=43.60. And,when we apply possible P/E 25, then,the stock price will go up to $54.50 in next year! -----> 2.18*20=54.50. Present stock value:$28.80 ------> Y2005 EPS 1.44( EPS 1.68 with one time gain)*20=28.80 --� same industry average P/E:25.62. And, XING stock price went up to $52.31 in JAN/10/2000 when Y2000 EPS was only EPS 0.24 and P/E went up to P/E 217.20 at that time! --------> 52.31/0.24=217.20.
This stock will pop up at least 10% to 20% on the day of reporting Record 2nd Quarter 96.6M Sales and Record at least 100% increased 2nd Quarter Earning in the company history compared to previous same Quarter Earning 18 cents! ------> 136% increased 12.9M Income compared to previous same Quarter Income is coming!
Low,low P/E 9.86 because of terrific Y2005 EPS 1.68(1.44 without one time gain) compared to Y2004 EPS 0.17!
http://biz.yahoo.com/p/846conameu.html The table for industry players' ratios by Yahoo Finance is a nice summary and reminder of how strong Xing's appreciation potential is. One thing I especially like, more than P/E, is Xing's ROE(=return of equity). If you rank the table by ROE:
http://biz.yahoo.com/p/846ttmu.html Xing is almost tied with Comtech at the 2nd position in the industry. This says all about how strong this company's operational result is and how high a return Xing is dishing out to shareholders every year.
Record 2nd Quarter Earning and Sales Report in the company history is coming closer within few days!(OCT 16 to OCT 23). 6 Present stock value:$28.80(1.44*20=28.80. same industry average P/E: 25.62).
<< Present stock price : only $16.915 >>
XING is recommended to "STRONG BUY" by Dutton Associates! XING is recommended to "STRONG BUY" by Thomson Financial! XING is recommended to "STRONG BUY" by morningstar.com! XING is upgraded to"A" by IBD! XING is graded as "A" stock by Navellier! XING is picked up by stock pick guru Kevin Kennedy! XING is purchased more by famous institutional buyers!
There has been a recent thread regarding XING on the SWKS message board since there was a deal recently announced between XING and SWKS. A very knowledgeable person responded to the message chain with the following :
XING has been using SWKS�s baseband chips for a few years. XING has not been paying its bills on time and SWKS saw sales declining that�s why SWKS recently pulled the plug entirely on its baseband business.
XING is a scam run by over-enthusiastic and unethical Chinese businessmen stuffing the channel with huge amounts of low-quality handsets, its losses are financed by new shares issued on the Nasdaq. XING�s �official� financial results are for the most part fabricated, especially the earnings part. A chinese newsagent recently published an article about severe cash flow problems at XING.
The Chinese handset market is bloody and highly competitive with low margins and leaders like NOK and MOT are killing XING.