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1:17 pm
February 15, 2010
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Jae Jun
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That's part of the concern I have with QXM as well. Im in the mobile phone business myself so I understand the economics of the industry. China still has a long way to go but I'm not sure whether QXM is the right choice.
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10:08 pm
February 14, 2010
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ken_hoang
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For mobile handset business, the technology keeps changing and the company has to keep up with competitiors in terms of technology, price and promotion scheme.Besides, the value of current mobile phone will drop in value quite substantially and quickly in the short period of time in the future.
QXM is the really cheap stock to own, net-net type, but several stocks like this doesn't help, you have to diversify quite a lot just in case some investment doesn't work out.
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1:15 pm
February 12, 2010
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Jae Jun
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I know that QXM has been discussed by many bloggers. Try searching on google to get more info and views but it just isn't my style.
It has come down a huge amount this year though.
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1:11 am
February 12, 2010
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eric_2003
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Hi everyone,
I was looking at the stock screener Jae had posted and was running some numbers on th estocks that had a little bit of volume to them. QXM has by my numbers a NCAV of approximately $7.91 per share, and current price at $2.47.
However, looking at the cash flow shows positive flow over the last 4 years, but with a gangbusters year in 07 that was almost 10x higher than 06, and with 09 having flow back to 06 levels. A little confusing to me.
Has anyone else looked at this? Looks very cheap.
Eric
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