Sat, Apr 19, 2014, 6:16 PM EDT - U.S. Markets closed

Recent

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

Nam Tai Electronics, Inc. Message Board

smkros 1 post  |  Last Activity: Jan 28, 2014 11:48 AM Member since: Oct 27, 2011
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • smkros by smkros Jan 28, 2014 11:48 AM Flag

    At less than $6 per share you are basically getting all of the land NTE owns in Shenzhen for free. There are development risks, entitlement risks, political risks, currency risks, construction risks, etc., but the land is certainly available at the right price. I know management doesn't have any real estate development experience, but that can basically be mitigated by hiring one person who does.

    I agree the money may be dead for awhile, but if someone is going to offer to give me a couple of infill land parcels in Shenzhen, I will gladly take them.

    It'll be very interesting to see how they do selling the Wuxi facility.

    Sentiment: Strong Buy

NTE
7.09+0.13(+1.87%)Apr 17 4:03 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.
Rayonier Inc.
NYSEThu, Apr 17, 2014 4:03 PM EDT