Chinese Rocket Stocks part III 9/25/07
26874 views
Rate Now: 1 2 3 4

average rating: 3.25 / 4 ratings
Created by RocketStocks
DESCRIPTION:

Date updated:09-25-2007

Part III of chinese rocket stocks:

I tend to focused on international/Chinese stocks that have:

Great balance sheets. I want to see a lot of cash and no debt.
Good growth prospects. Ideally 50% anticipated growth or more.
Potential for a short squeeze. When the shortsellers run for cover, good things can happen.
A lot multiple over cash flows, relative to growth.
Also, I like to look at companies that have little censorship from the Chinese government

symbol name last price % change open
  • +
  • BIDU
    Baidu
  • $443.23
  • -1.24%
  • $445.55

Beware; we have ridden BIDU from 150—If you have been long since then you need to take off your initial investment and let the rest ride. With a PE of almost 200—I would wait for a pullback into the 280 levels and then re-enter. While, BIDU has pulled up the whole Chinese sector in general these other stocks are MUCH cheaper then BIDU. Last quater they only beat EPS by a penny. Lets not forget that.

People owning BIDU also tend to own: AMATAMTAMXFMCNKRYRACKSTP

TheStreet.com Rating: B- What is this?

  • +
  • KONG
    Kongzhong Corpora
  • $8.03
  • -2.67%
  • $8.18

Kong specializes in the development, marketing, and distribution of consumer wireless value-added services. Kong is currently trading at a huge discount and has been for sometime. With a market cap of $180million market cap and with Total Cash on the balance sheet of $120million KONG is trading an insanely low evaluations

People owning KONG also tend to own: AGIXARIACPSLINODLTONNOECORS

TheStreet.com Rating: C What is this?

  • +
  • SNDA
    Shanda Interactiv
  • $47.65
  • +1.73%
  • $47.15

SNDA also, engages in the development and operation of online games in China; specializing in multiplayer online role playing games and casual games. It has $600MM in cash and 63% profit margins. Near, its 52-week high I put this one on my watch list.

People owning SNDA also tend to own: ABTAMXAUYBAPBRK.BBVFDD

TheStreet.com Rating: B What is this?

  • +
  • NTES
    Netease.com
  • $33.93
  • +4.40%
  • $N/A

This stock fits all of our criteria. Its also a Chinese online gaming company (like .The company has $438 million in net cash. So with a $2.2 billion market cap and $200 million in cash flow they only trade at nine times cash flows. Analysts expect earnings to go from 1.15 earnings per share in 2007 to 1.23 earnings per share in 2008. NTES beat analyst expectations the past four quarters in a row. If they beat again in 2008 then they have a forward P/E of 13 or even lower.

People owning NTES also tend to own: AAPLACIAEMCOPERFGOOGHAL

TheStreet.com Rating: B What is this?

  • +
  • NCTY
    The9 Limited
  • $6.81
  • -0.87%
  • $6.87

Online games portal; $112 mm net cash. Quoting John Reese on thestreet.com: "The9 Ltd : The9 has exclusive rights to operate World of Warcraft and other online games in China. Like Stryker, it is favored by the O'Neil strategy. The company's quarterly and annual EPS are increasing. Earnings have also shown nice consistency, having increased in each of the last five years” Given the fact that the stocks price is 20 points from hits 52-week high, investors should consider this name. And like most of these companies it has zero debt.

People owning NCTY also tend to own: CAJCHLSINAAAPLACHADRECEO

TheStreet.com Rating: D+ What is this?

  • +
  • CPSL
    China Precision S
  • $1.82
  • 0.00%
  • $N/A

Good Steel company that had a massive move yesterday. A few months ago the CFO said "No Demand Slowdown In Sight"-- Little Cash on the books though.

People owning CPSL also tend to own: AGIXARIAINODKONGLTONNOECORS

TheStreet.com Rating: D What is this?

  • +
  • PACT
    Pact
  • $0.00
  • N/A
  • $N/A

PACT provides outsourcing, telecom value-added, and telecom and gaming services in China, Hong Kong, Macau, and Taiwan. It works in three different sectors; Outsourcing Services, Telecom Value-Added Services, and Products. As outsourcing increases in China and Macau PACT is an interesting name that might benefit. Currently, most Macau plays have been overbought by investors that are trying to profit off its amazing growth. PACT might be one of the few companies still left. Only 5MM in cash on the books.

People owning PACT also tend to own: GROWIVACJDOKONGPEIXSIGAHBI

TheStreet.com Rating: No Rating What is this?

  • +
  • SOLF
    Solarfun Power Ho
  • $7.01
  • 0.00%
  • $N/A

Since the Chinese maker of solar cells and modules came public in an IPO offering 6 months ago, its shares have hit a high of roughly $17 on heavy volume but have pulled back about $6 on earnings worries. With a ton of cash on the balance sheet and the fact that a recent solar conference was held shares could rally.

People owning SOLF also tend to own: APKTARUNAUTHAVAVBBNDBLOGCAVM

TheStreet.com Rating: D+ What is this?

previous next

Portfolio not tracked!

09/30/2007 19:11 PM CDT Asked by RocketStocks
KONG!!! 72% in a single day!

ADD YOUR COMMENTS:

Must-See Charts: Ralcorp, Del Mo...

By Jonas Elmerraji Posted on Feb. 9, 2010 With stocks continuing to underwhelm in yesterday’s trading session, the attention is turning toward trading. After all, tec...

02.09.10 | 12:06 PM
This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Feb. 8, 2010 Good Buys For Bad Times: This Barron’s article says with the U.S. economy expected to grow by only 3% in 2010, investors shou...

02.08.10 | 16:28 PM
Cramer's Take on Headline Stocks...

Posted on Feb. 8, 2010 Finance Professor Scott Rothbort will be answering questions on Stockpickr Answers on Monday, Feb. 8. Ask away! Regardless of why a stock is in...

02.08.10 | 14:45 PM
Rocket Stocks for the Week

By Jonas Elmerraji Posted on Feb. 8, 2010 Finance Professor Scott Rothbort will be answering questions on Stockpickr Answers on Monday, Feb. 8. Ask away! Investor an...

02.08.10 | 08:39 AM
more articles
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
Everything Goldman Sachs. The in...
01.11.10 | 12:54 PM From author DogBones
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
Here is a Hidden Gem - FLL
01.15.10 | 18:19 PM From author adrianpena
more forums
Q. my question to the chartist is.....
02.09.10 | 20:07 PM Asked by fine tune your disciplines

A. i'm not shorting, i just want to know if
my chart reading skills are improving.

today 's lists
Dogs of the Dow

Here are the 10 stocks in the Dow Jones Industrial Average with the highest yields as of the market close on Feb. 5, 2009. more

Biggest % Gainers

Here are some of the largest % gainers from Feb. 9, 2010. more

Biggest % Losers

Here is the stock list of some of the largest % losers from Feb. 9, 2010. more