XING news out soon

[chinaman711]

XING is 1 to watch when the news of earnings hits it should have a nice run imo. News due out sometime in june hope to see a run up before the news hits.

[chinaman711]

Press Release Source: Qiao Xing Universal Telephone, Inc.


Good Market Reception of 'A1000' - a New Model of Mobile Phone with 1000 Hours Standby Time That Is Launched by Qiao Xing Universal's Subsidiary CECT
Monday June 5, 9:00 am ET


HUIZHOU, Guangdong, China, June 5 /Xinhua-PRNewswire/ -- Qiao Xing Universal Telephone, Inc. (Nasdaq: XING - News) today announced that a new model of mobile phone named ''A1000'' created and produced by its major subsidiary, CEC Telecom Co., Ltd (CECT) had met with enthusiastic reception in the China market. Up to date, USD 62 Million worth of orders of this model have been received from CECT's distributors.
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The distinctive features of this high-end mobile phone are: 1000 hours of standby time, 4-mega-pixel auto-zoom CCD camera and MP3/MP4 media players. According to the commentators in the industry, the long standby time of this model is a Guinness World Record.

Mr. Wu Zhi Yang, Chairman of CECT and vice Chairman of Qiao Xing Universal, said, 'A1000' is drawing extensive attention from the industry commentators and the consumers upon launching. Moreover, its price is by far more competitive than similar products under foreign labels. Its good reception is within our expectation as envisaged at the design stage.

''Working closely with the market division, our R&D team has always attached great importance to consumer needs, innovation, product differentiation and optimum performance/cost ratio in researching and developing new products. In the past years, we have introduced scores of high-end mobile phones with advanced functionalities and unique value-added features at competitive prices. Most have met with varying degrees of success and helped win renown for the 'CECT' brand, which in turn helped CECT gain market share. We maintain our former estimates on an un-audited management account basis of sales revenue of US$ 250 million and net income of US$ 29 million for 2005 for CECT. It is likely, however, that the actual outcome will outperform this estimate.

''In 2006 and beyond, we will continue to focus on innovation through our efforts in R&D. We have successfully developed our own 3G mobile phone products. We expect that sales revenue will grow at a rate close to 30% from 2005 to 2006 for CECT.''

[chinaman711]

XING small float could have a huge run imo. If my math is right xing will report over $1 per share in earnings and 2006 is booming. Good luck

[chinaman711]

XING blew right thru resistance looks good for a run imo.

[brooklynboy]

Went in for another 10K last week. :) I like what I see...

[chinaman711]

If you are an options player take a look at the june and july calls. Might have a huge run imo when the earnings hit. July calls a better play in case the earnings do not come out in time before the june callls expire. Good luck

[chinaman711]

QAEGU 1.90 up .30 and i hope to get a 3 bagger out of this 1. July 7 1/2 calls

[madcowdisease]

I wouldn't count on this stock still being up in July Cman.

As I'm sure you have noticed the sentiment has been to bail on stocks after earnings whether they be good or bad. I see XIGN following this pattern since it has been a pretty high flier to date. That combined with the skiddish nature of investors in this market make XING a high risk position. I personally don't have the nerve to advise anyone but the most market savvy to play this sucker given the current ethos of the market.

Good luck.

[chinaman711]

We maintain our former estimates on an un-audited management account basis of sales revenue of US$ 250 million and net income of US$ 29 million for 2005 for CECT. It is likely, however, that the actual outcome will outperform this estimate.
IMO xing will see 12 time will tell

[chinaman711]

XING is a no brainer imo as they stated earnings will be better then the est. SU imo will be a no brainer in july as an earnings play too.

[madcowdisease]

Hopefully you're right but you may want to keep your finger on the trigger once you get your bounce.

[chinaman711]

Press Release Source: Qiao Xing Universal Telephone, Inc.


Qiao Xing Universal Telephone, Inc.'s Subsidiary Huizhou Qiao Xing Communication Industry, Limited Expected to Record Financial Results for 2005 Which Would be Significantly Better Than Those for 2004
Thursday June 8, 9:20 am ET


HUIZHOU, Guangdong, China, June 8 /Xinhua-PRNewswire/ --Qiao Xing Universal Telephone, Inc. (Nasdaq: XING - News) today announced that its 90%-owned operating subsidiary Huizhou Qiao Xing Communication Industry, Ltd. (HZQXCI), a fellow subsidiary of CEC Telecom Co., Ltd. (CECT), is expected to record financial results for 2005 which would be significantly better than those for 2004.
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The Company estimates, on an un-audited management account basis, that sales revenue and net income of HZQXCI for 2005 would increase by about 42% and 386% to about USD103 million and USD 9 million respectively. Recently, the Company estimated sales revenue of USD250 million and net income of USD29 million for 2005 for CECT, another of XING's operating subsidiaries.

Mr. Wu Rui Lin, Director of HZQXCI and Chairman of Qiao Xing Universal, said, ''Completing its transformation from a sub-contractor of CECT to a manufacturer and distributor of the 'COSUN' brand mobile phone handsets, which it introduced in the second half of 2004, the Mobile Phone Division of HZQXCI achieved significant increase in sales in 2005 through the expansion its product lines and its distribution network. According to our estimate, HZQXCI realized about USD73 million in sales revenue and USD7 million in net income from its mobile phone business segment, representing growth rates of 44% and 619% respectively compared with 2004.

''In the indoor phone business segment in 2005, sales of value added telephone sets continued to increase. There were more big-volume sales to telecommunication operators compared with 2004. There was also increase in export sales. According to our estimate, compared with 2004, sales revenue and net income from the indoor phone business segment climbed 27% and 128% to reach about USD30 million and USD2 million respectively.

''We anticipate further rapid growth for HZQXCI's mobile phone and indoor phone business segments for 2006 and beyond.

[chinaman711]

More news out and it looks like the earnings will be even better then i expected. Looks like they are going to blow away the 1.01 est.----------AP
Huizhou Qiao Xing Releases Guidance
Thursday June 8, 2:16 pm ET
Huizhou Qiao Xing Communication Says 2005 Earnings Higher Than 2004


NEW YORK (AP) -- Qiao Xing Universal Telephone Inc., a Chinese telecommunications company, offered 2005 earnings and revenue guidance Thursday for its Huizhou Qiao Xing Communication Industry Ltd. subsidiary.
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The company expects net income of $9 million and revenue of $103 million during 2005.

In 2004, Qiao Xing earned $2.8 million, or 17 cents per share, compared with a loss of $900,000, or 6 cents per share, in 2003. Sales increased 10 percent to $244 million.

Huizhou Qiao Xing Communication Industry earned about $7 million in net income and $73 million in revenue from its mobile phone business segment. Net income and revenue from the fixed-line business segment climbed to about $2 million and $30 million, respectively.

Qiao Xing Universal Telephone also estimated net income of $29 million and revenue of $250 million for fiscal 2005 for subsidiary CEC Telecom Co. Ltd., which is based in Piscataway, N.J.

Shares of Qiao Xing Universal Telephone Inc. rose 16 cents to $8.28 in afternoon trading on the Nasdaq.

[chinaman711]

XING looking good on the close and i added some calls.

[chinaman711]

XING takes out resistance of 8.77 looking good so far and imo should be back to 10 plus next week.--------------------------------------------------BEIJING, Jun 09, 2006 (SinoCast via COMTEX) -- CEC Telecom (CECT), a mobile phone subsidiary of Qiao Xing Universal Telephone, Inc, (XING), finally nailed down its schedule for overseas stock listing. The company is set to go public in NASDAQ before the fourth quarter of 2006 to raise USD 150 million.

CECT will likely to be the first China-grown mobile phone manufacturer whose stock is listed on NASDAQ. At present, most Chinese homegrown cellphone makers choose to go publich in China mainland or Hong Kong.

Insiders at CECT disclose that the company has planned the overseas stock offering as early as from two years ago and now formally kicks off the preparation. At first, the company will select the lead underwriters for this stock offering, and it will contact with a number of US-based investment banks.

According to its plan, CECT will inject most of the capital raised from stock listing into 3G mobile phone development and manufacturing. The company has obtained USD 60 million via previous private offerings.

From Jinghua Times, Page 1, Thursday, June 08, 2006 info@SinoCast.Com

[chinaman711]

Added to my xing calls bought the july 10's for .80 just in case it has a huge run like it did in 1999.