Posted by JimYeoh > 2013-11-19 16:19 | Report Abuse

game is over

Posted by nicermannson > 2013-11-19 16:20 | Report Abuse

broke 40 sen

Posted by alkop > 2013-11-19 18:29 | Report Abuse

broke the critical zone..ended above 0.40...still gud sign ..bcoz at the end of closing got announcement ..supposed to be bonus etc...please anybody got the news.or info

Posted by alkop > 2013-11-19 18:53 | Report Abuse

dividend 1 cent per share...ex date 16.12.2013...ent date 18.12.2013...can hev a cup of cappucino

Posted by alkop > 2013-11-19 18:54 | Report Abuse

interim dividend ..so ada lagi dividen

Posted by tracyjz > 2013-11-19 18:55 | Report Abuse

Interim divided

Posted by alkop > 2013-11-19 19:15 | Report Abuse

next dividen ..hev a cup of coffee ginseng plus

Posted by alkop > 2013-11-19 19:18 | Report Abuse

at least wit that 1 cent...still can celebrate new year

Posted by tracyjz > 2013-11-19 19:20 | Report Abuse

Lol ...waiting special issue now

Posted by tracyjz > 2013-11-19 19:23 | Report Abuse

Reference is made to the announcements made on 3 October 2013 and 4 October 2013 respectively in relation to the Proposals (“Announcements”). For consistency, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.
On behalf of CAP, Mercury Securities Sdn Bhd (“Mercury Securities”) wishes to announce that the Board, after further deliberation, have decided to abort the Proposed Private Placement. This will not affect the Proposed Bonus Issue of Warrants. All other details of the Proposed Bonus Issue of Warrants as announced previously shall remain unchanged, save and except for any effects arising as a consequence of aborting the Proposed Private Placement.
Mercury Securities will retract the additional listing application in respect of the Proposed Private Placement from Bursa Securities.
This announcement is dated 19 November 2013.

Posted by alkop > 2013-11-19 19:30 | Report Abuse

wit dividen already announced plus bonus issue to be declared..so more fun

Posted by metroview > 2013-11-19 21:20 | Report Abuse

Tax Exempt Interim Dividend of 1.0 sen per ordinary share of USD0-10 each for the financial year ending 31 December 2013. what is the actual amount payout, anyone?

Posted by tookosin > 2013-11-19 22:34 | Report Abuse

1000 shares = RM10.00

Posted by hng33 > 2013-11-19 22:48 | Report Abuse

CAP declare interim dividend 1 sen TE, expect another final dividend after Q4, should be another 2sen, which is based on 20% dividend policy of FY EPS =15sen. Annualized dividend should be 1sen + 2sen =3sen , yield 7.5% nett


CAP also abort 10% private placement to be issue at just 35sen (unfair to IPO at 68sen and exiting shareholder), no more dilution effect from private placement.

CAP continue to proceed bonus warrant 1 for 2, exercise price at 35sen to reward shareholder and average down exiting shareholder /IPO subscriber holding cost

Posted by alkop > 2013-11-19 23:54 | Report Abuse

sound gud..smell money..so worth keeping to appreciate real value be4 new year

Posted by camrybenz88 > 2013-11-20 01:37 | Report Abuse

yeah, alkop smells really good now, should buy more as price is very cheap now.

Posted by camrybenz88 > 2013-11-20 02:43 | Report Abuse

CHINA AUTOMOBILE PARTS HOLDINGS LIMITED (CAP OR THE COMPANY) PROPOSED PRIVATE PLACEMENT; AND PROPOSED BONUS ISSUE OF WARRANTS(COLLECTIVELY REFERRED TO AS THE PROPOSALS)

Posted by camrybenz88 > 2013-11-20 08:28 | Report Abuse

moving up today after a few days down?

Posted by hng33 > 2013-11-20 08:54 | Report Abuse

Technically, CAP already oversold partly due to disappointment rumor of 70sen take over deny by management. CAP should regain momentum today as 1sen interim dividend + expected 2sen more final dividend in line with company to payout 20% of net profit as dividend, which based on annualized EPS=15sen, 20% payout = 3sen.

In addition, CAP have abort to private placement 10% which will cause dilution to company earning, but proceed bonus 1 for 2 free warrant to reward exiting shareholder.

Posted by hng33 > 2013-11-20 09:51 | Report Abuse

Its good for CAP management to abort these 10% private placement to be issue at merely 35sen....CAP is currently in net cash position, 36.6sen/share. Essentially CAP need to raise cash from private placement at all. It should instead increase dividend policy payout from current 20% net profit to 30% payout to reward shareholder and average down their holding cost. In addition, aborting private placement also avoid share overhang as investor could opt to sell current share open market and opt to subscribe much cheaper private placement at 35sen. Aborting private placement but proceed to continue award free warrant to shareholder is much wiser corporate exercise.

Posted by smartly > 2013-11-20 09:58 | Report Abuse

their private placement initially intention is for fund raising but i don't understand why they need to do so since they hold net cash position & consider huge at 36.6sen/share. they should not need cash for development as they are sitting with huge cash pile. rewarding shareholders through dividend and bonus issue (warrant) this make more sense.

Posted by smartly > 2013-11-20 10:13 | Report Abuse

private placement - with ill intention to benefit certain quarters. lucky called off.

dividend - good for shareholders

bonus issue of warrant - good for shareholders

china mari punya company, always want to 'cheat' more. :p

Posted by hng33 > 2013-11-20 10:42 | Report Abuse

Share price continue slump with unknown reason :(

Posted by smartly > 2013-11-20 10:50 | Report Abuse

a lot of 'does not make sense' reasons for china company...
why list in M'sia ?
why private placement in the 1st place ?
why give so small reward to you while sitting huge net cash position ?
does not make sense to trade so low pe with so good profit !?
any agenda behind listing in M'sia ?

Posted by alkop > 2013-11-20 13:11 | Report Abuse

this is really critical zone below 0.390 for contra player n also margin player if they cannot top up...but for investor who really know what he hold expecting little dviden n bonus then he can still smell the aroma of cappucino plus...now decide cut loss or hold or reduce holding...strategy now...but pity who play patimas AT etc suffer losses...hope give life

Posted by JimYeoh > 2013-11-20 13:14 | Report Abuse

next support 0.365

Posted by hng33 > 2013-11-20 13:45 | Report Abuse

I'll hold on and wait until CAP announce bursa approval for its free warrant first. In the meantime, will hold on to entitle the interim dividend 1sen next month, and perhaps hold till final result Q4 and assess whether CAP indeed fulfill its dividend policy to payout 20% net profit or interim 1sen + final 2sen

Posted by smartly > 2013-11-20 14:25 | Report Abuse

i wonder who are the cornerstones for CAP ?
are they local or another china tycoon ?
if their purpose is just to grab money and close shop after 'making enough', we will left with holding their shares electronically forever. :(

what are the security to safeguard Malaysia shareholders ? if CAP management decide to shutdown... is Malaysia law can be used to prosecute those owners in China ?

Posted by smartly > 2013-11-20 14:30 | Report Abuse

is their accounting being audited locally ? or up to the discretion of CAP management ? if so, they can do what they like in accounting but in actual fact it is already an empty shell, when you discover it, it is too late.

Posted by tracyjz > 2013-11-20 14:33 | Report Abuse

Auditied by BDO malaysia ..top 5 accouting firm

Posted by hng33 > 2013-11-20 14:36 | Report Abuse

CAP is list in Malaysia but business is in China, financial is audit by china audit firm. Well, no doubt many have bad experience with China stock due to volatility and suspicious high cash, low PE....but compared to local company, even with local audit and business based in Msia, there are still at risk of delist and fraud account like today Patimas and Octagon...and many other falling in PN17

Posted by smartly > 2013-11-20 14:41 | Report Abuse

i will step out of all China company.
not worth investing if we have doubt.
many other local we can opt to invest.

Posted by hng33 > 2013-11-20 14:53 | Report Abuse

ok, better invest accord to individual risk profile

Posted by camrybenz88 > 2013-11-20 15:06 | Report Abuse

cheap cheap now to get it.

Posted by metroview > 2013-11-20 15:21 | Report Abuse

downside gap is small, hold it after bonus

Posted by smartly > 2013-11-20 15:25 | Report Abuse

definition of cheap please...

downside gap is small, how small ? 1c 2c or 3c ?

Posted by smartly > 2013-11-20 16:20 | Report Abuse

possible to follow CSL, trading at 20+ level..

Posted by hng33 > 2013-11-20 17:22 | Report Abuse

I think CAP share price already hit bottom at 38.5sen today. Just hold on awaiting for free warrant and entitle for interim dividend.

Posted by hng33 > 2013-11-20 18:08 | Report Abuse

On behalf of CAP, Mercury Securities Sdn Bhd is pleased to announce that the additional listing application in respect of the Proposed Bonus Issue of Warrants have been resubmitted on even date to Bursa Malaysia Securities Berhad. Further, the additional listing application in respect of the Proposed Private Placement have also been retracted on even date.

This announcement is dated 20 November 2013.

Posted by alkop > 2013-11-20 19:42 | Report Abuse

ended 0.395 ...still in critical zone untill end friday hope to stay above 0.40...expect small loss for contra n margin player..for holder still can smell money approaching 2nd dividen n bonus...bless all...for holder if hev money safe at 0.34 - 0.36...high risk high return ...watch

Posted by alkop > 2013-11-20 19:53 | Report Abuse

safe to average at 0.34 - 0.36 to make short term profit

Posted by JimYeoh > 2013-11-20 21:02 | Report Abuse

recollect at 0.34 again

Posted by alkop > 2013-11-20 22:06 | Report Abuse

0.34 - 0.36 this few days perhaps hard to get bcoz CAP now coming wit dividen interim n final one expecting plus bonus expecting ...bro jim yeoh if u can get it consider lucky in these few days

Posted by JimYeoh > 2013-11-20 22:22 | Report Abuse

bonus issue might be announce at the end of Dec

Posted by hng33 > 2013-11-21 00:26 | Report Abuse

Nov: announce interim dividend
Dec: announce free warrant 1 for 2
Jan: ex-date for warrant entitlement
Feb: announce final dividend.

Posted by hng33 > 2013-11-21 00:38 | Report Abuse

漸鬆綁爭國際地位 人民幣兌美元再創匯改新高

（上海20日訊）隨著中國央行行長周小川指出，中國將有序擴大人民幣匯率浮動區間，並基本退出常態式外匯市場干預，人民幣兌美元中間價報6.1305元，再度刷新匯改以來新高紀錄。

　“中央社”報導指出，人民幣兌美元匯率中間價昨天報6.1317元。

　人民幣兌美元匯率中間價在11月14日以6.1315元創下匯改以來新高點，今天則以6.1305元改寫歷史新高紀錄。

　目前人民幣兌美元匯率只能在當日中間價上下1%的范圍內波動。

　永豐金控首席經濟學家黃蔭基指出，中國大陸近年的人民幣匯率升值幅度，約以每季0.5%、每年2%的幅度進行；今年至目前為止，累計升值約2.4%。

　人民幣兌美元匯率最新價位為6.09元，推估將持續朝5字頭的價位前進，明年可望落在5.69元水準。

　黃蔭基解釋，從這項政策宣示觀察，人民幣勢必要走國際化，並逐步由貿易貨幣，進入到投資貨幣，並推向成為儲備貨幣；過程中會升值，但不會太快，畢竟升值太快會影響出口。

　儘管周小川並沒有給于任何時間表，但外匯交易員幾乎一致認為，中國央行不會立即擴大人民幣交易區間。

　台大經濟系教授林建甫說，人民幣國際化是主要政策方向，一方面不願再被美元綁架，並希望增強中國大陸在國際社會發言權。

　他也說，升值幅度難以預期，若是升值太快，出口成本增加，恐引發失業等問題。

Posted by alkop > 2013-11-21 09:45 | Report Abuse

CAP must stay n close above 0.40 till friday..then no more downtrend..wit gud news n expecting final dividen n bonus...perhaps no problem..whatever wit the interim dividen enough to hev cup of cappucino plus..watch

Posted by hng33 > 2013-11-21 09:55 | Report Abuse

Volume shrinking, likely hit bottom already......with Yuan getting stronger, have stock with business base in China can ride on it. In the meantime, let hold on it, waiting for value to emerge in next few month

Nov: announce interim dividend
Dec: announce free warrant 1 for 2
Jan: ex-date for warrant entitlement
Feb: announce final dividend.

Posted by alkop > 2013-11-21 10:02 | Report Abuse

tqvm bros..ur info make me stay focus..be a knowledge investor..knows what u r up to

Posted by unclefoong > 2013-11-21 20:00 | Report Abuse

i enter at 0.43 few weeks ago....sigh...