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Chairman of China Auto Electronics Mr Wang Lai Sheng has done a job by transforming the co into doing car wires and connectors business.
Car manufacturers in china are producing for the emerging markets. In 2007, for the 1st time, Audi sold more cars in China than in Britain or the US.
There are more people in China owning cars. Numbers of cars in China are growing rapidly.
GOOD TRADING DAY FOR U
Timing is very important. Do know what you are buying.
Fundamental analysis and technical analysis are in favour for china auto electronic stock.
Time will show to you that you have pick a jewel.
Trade wisely.
26 cents....great time to PUMP!!!!
China fund will come in to buy the S share.
Car industry is growing rapidly in china.
FY 2007 results for china auto electronics group are very good.
Rudolph schlais, formerly from General Motors, is the CEO of China auto electronics. The company has employed the right person to do the job well. I believe the company will grow and expand further. Company placed out 28 million Co shares to him at $0.3215 each.
Grow with the company.
A hidden GEM...THE BEST IS YET TO COME!!
DBS, UOB, OCBC all hit by subprime problem. When we read their reports, we have to be extra careful. We have to be smart in trading stocks or future.
China auto electronic CEO rudolph schlais bought one million shares at 0.62075 on 7th dec 07. He went on to buy two million shares at 0.31225 when market correction.
Another china director Liu Xiao Zhi bought one million shares at 0.6976 in november 07.
3 Qtr annoucement
Group FY 2007 9mths ended 30/9/07
Profit after tax 100489000 rmb
cash at end of period 157449000 rmb
this stock is worth looking at.
the stock is undervalued. the directors are buying their own shares in millions. the company is making money in supplying car wires and connectors to car industries in china.
the RSI and SM are in the up trend. the share price will go up. the company fourth Qtr result will be out in march.
Happy trading and reward yourself
Volume surged! Price Up! Sill undervalued!!
China Auto Elec got clocked after DBS slashed their earnings estimate on concerns of slower orders from its customers.