Qiao Xing Mobile (NYSE:QXM) Receives a Buy Rating from Wikiwealth.com with a Price Target of $15

PRLog (Press Release) - Nov 16, 2009 -
WikiWealth.com, a user generated interactive investment analysis platform, initiated coverage of Qiao Xing Mobile (QXM) with a $15 price target giving QXM an estimated 250% investment potential. Wikiwealth.com’s coverage of QXM includes a comprehensive analysis of its short and long-term investment potential, company description wiki, real time company news, telecom industry analysis, SWOT analysis, WACC discount rate computation, cash flow analysis, comparative valuation approach, and Buffett-inspired valuation conclusion.

A summary of the QXM research report (http://www.wikiwealth.com/research:qxm) is presented below:

Description: Qiao Xing Mobile Communication Co. (QXM) develops and sells mobile communication devices and accessories for mobile cellular technologies in the People's Republic of China.

Investment Conclusion: A conservative estimate of value indicates that Qiao Xing Mobile has a $15 price target and over a 250% short-term investment potential. The long-term potential has positive ratings on business simplicity and the SWOT analysis.

Industry Analysis: The telecom industry performs best during the early stages of bull markets. The largest telecom companies have a weighted average potential of 54% and the most undervalued telecom stocks have an average potential of 123%. Based on the telecom industry SWOT analysis, the long-term outlook for the telecom industry is positive.

Valuation Analysis: Each quantitative analysis features a Wikiwealth Innovative Experiment Mode (WIEM) where users can experiment with QXM’s valuation analysis. A Discounted Cash Flow analysis produced a $17 price target and 280% investment potential; a Comparative analysis produced a $14 price target and 215% potential; Buffett valuation conclusion is a $4 price target and zero percent potential. QXM’s WACC discount rate conclusion was 12%.

SWOT Analysis: QXM has more strengths than weakness and more opportunities than threats, which results in a positive SWOT analysis. The full investment report has full details for the SWOT statements listed here: SWOT Strengths: emerging market phone development, low cost input, take-over candidate, country market leader; SWOT Weaknesses: company resources; SWOT Opportunities: domestic market potential, Chinese currency revaluation, mobile device growth, government bias, supply chain cost reductions, high-end phones, emerging markets, smart phones; SWOT Threats: counterfeit products, iPhone.

The full valuation report, found at http://www.wikiwealth.com/research:qxm, features detailed analysis of each section listed above. Users can also use the WIEM to experiment with the analysis and create their own conclusions and add their input to improve the investment community’s analysis of Qiao Xing Mobile (QXM).