Analyst Identifies 6 Chinese Values Stocks (CMM, LTON, more...)
Get Alerts CMM Hot Sheet
Price: $4.20 --0%
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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Pali Research issued a report today on value stocks in the China universe. The firm said that among 277 stocks, they have identified 6 whose current market cap is below net cash. They separated these stocks into 2 groups:
1. Stocks that are net earnings positive in 2009 and could continue to be positive in 2010
2. net earnings negative in 2009 and likely be negative in 2010
1. Stocks that are net earnings positive in 2009 and could continue to be positive in 2010
- China Mass Media Corp. (NYSE: CMM) Market Cap: $72.4M Net Cash: $111.4M
- Linktone Ltd. (Nasdaq: LTON) Market Cap: 75.9M Net Cash: $97.2M
- Acorn International, Inc. (NYSE: ATV) Market Cap: $144.5M Net Cash: $168.7M
2. net earnings negative in 2009 and likely be negative in 2010
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