{"id":4646,"date":"2009-08-17T16:45:56","date_gmt":"2009-08-17T20:45:56","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=4646"},"modified":"2016-09-20T04:56:07","modified_gmt":"2016-09-20T08:56:07","slug":"looking-at-asiainfo-holdings-asia","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2009\/08\/17\/looking-at-asiainfo-holdings-asia\/","title":{"rendered":"Looking at AsiaInfo Holdings &#8211; (ASIA)"},"content":{"rendered":"<p style=\"text-align: left;\">We have been interested in AsiaInfo Holdings for some time and patiently waited until it came into our price zone. Today at $15.50 or so, we added an initial position to <a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/mailbox\/tdi-investment-fund\/\"><strong>TDIMG <\/strong><\/a>portfolios. If the idea holds that there are hundreds of millions of users in China that will eventually need phones and there will eventually be an cell phone\/technology enhancement and \u00a0 infrastructure build out (with or without stimulus) \u00a0 &#8211; this could be a company that benefits.<\/p>\n<p style=\"text-align: left;\">Description: AsiaInfo Holdings, Inc. provides telecom software solutions in China. The Company provides a full range of telecom software solutions including network infrastructure, operation support systems, and service applications to China&#8217;s telecom <!--more-->carriers.<\/p>\n<p style=\"text-align: left;\">This is sector hits the growing population which will require a mega amount of phones to satisfy its needs. We already own Starent (STAR) as a play in the telco area (4G expansion possibilities).<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/08\/asia_fundy-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4647  aligncenter\" title=\"asia_fundy\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/08\/asia_fundy-1.jpg\" alt=\"asia_fundy\" width=\"499\" height=\"356\" \/><\/a><\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\">The price target by analysts is, on average, $21.68, a 36% premium to where it is today.<\/p>\n<p style=\"text-align: left;\">But, ASIA shares shares have been getting hit with the quiet sell off in China stocks during the week of Aug 8-++.<\/p>\n<ul style=\"text-align: left;\">\n<li>EPS has been rising at an astonishing pace and sales have been consistent<\/li>\n<li>Cash flow per share of $.70 is a bit tight with an EPS of $.62<\/li>\n<li>The number of institutional investors is growing as is the number of mutual funds<\/li>\n<li>Management owns 23%, which is also a good sign.<\/li>\n<li>No significant debt<\/li>\n<li>ROE of 14<\/li>\n<li>P\/B of 3.5<\/li>\n<li>Technically, looks weak as it recently broke its 50-day MA and volume picked up as it moved lower toward its $15.50 support\/bounce point. \u00a0 We looked to buy an initial position (1%) at around $15.65 and will add 40% at $14.10, to buy a total of ~ 1.5% position for portfolios at an average price of $15. (note: Sell-Stop at $13.25)<\/li>\n<\/ul>\n<p style=\"text-align: left;\">Below are fundamental aspects that may be of additional interest as well as charts that illustrate both income and balance sheet information.<\/p>\n<p style=\"text-align: center;\"><em>(Click charts to enlarge)<\/em><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/08\/asiaqrev-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4649 aligncenter\" title=\"asiaqrev\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/08\/asiaqrev-1.jpg\" alt=\"asiaqrev\" width=\"511\" height=\"225\" \/><\/a><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/08\/asia_balance-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4648 aligncenter\" title=\"asia_balance\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/08\/asia_balance-1.jpg\" alt=\"asia_balance\" width=\"511\" height=\"223\" \/><\/a><\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\">Disclosure: <a title=\"Horowitz &amp; Company\" href=\"http:\/\/www.horowitzandcompany.com\">Horowitz &amp; Company<\/a> clients may hold positions of securities mentioned as of the date published.<\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\">\n","protected":false},"excerpt":{"rendered":"<p>We have been interested in AsiaInfo Holdings for some time and patiently waited until it came into our price zone. Today at $15.50 or so, we added an initial position to TDIMG portfolios. If the idea holds that there are hundreds of millions of users in China that will eventually need phones and there will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[224,12],"tags":[494,490],"class_list":["post-4646","post","type-post","status-publish","format-standard","hentry","category-long-ideas","category-markets","tag-long-ideas","tag-stocks","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/4646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=4646"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/4646\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=4646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=4646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=4646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}