CHINA AUTOMOBILE PARTS HLD LTD

KLSE (MYR): CAP (5229)

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11 people like this.

4,595 comment(s). Last comment by freddiehero 2023-05-28 23:04

smartly

6,430 posts

Posted by smartly > 2013-11-21 22:56 | Report Abuse

cap's bs is healthy but their share price does not really reflect the true picture. too much of doubts on china mari punya company...
i have suffered loss before as their record is just fantastic but maybe is used to deceive us, better stay out.

Posted by camrybenz88 > 2013-11-22 08:25 | Report Abuse

hng33 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.
21/11/2013 09:55


Yes, hng33, I too think that CAP had hit rock bottom, now to see it move upwards. Looking forward to the dividend & the coming free warrants too.

JimYeoh

1,514 posts

Posted by JimYeoh > 2013-11-22 10:06 | Report Abuse

wait for 0.36

alkop

966 posts

Posted by alkop > 2013-11-22 10:48 | Report Abuse

yes bros..if u got it..then short term can profit..gud luck

smartly

6,430 posts

Posted by smartly > 2013-11-22 15:58 | Report Abuse

cap's bs could be fake one...

Posted by camrybenz88 > 2013-11-22 17:39 | Report Abuse

Chinaman's company always do a perfect con, hahaha

JimYeoh

1,514 posts

Posted by JimYeoh > 2013-11-25 16:14 | Report Abuse

got some at 0.36.. finally arrived.

0665hock

234 posts

Posted by 0665hock > 2013-11-25 16:59 | Report Abuse

bounce back q strong today...tomorrow will be a gd day

JimYeoh

1,514 posts

Posted by JimYeoh > 2013-11-25 17:00 | Report Abuse

good closing..

hng33

20,033 posts

Posted by hng33 > 2013-11-25 17:01 | Report Abuse

Should be bottom already, time to rebound tomorrow.

tracyjz

324 posts

Posted by tracyjz > 2013-11-25 19:56 | Report Abuse

guys...its coming!!

metroview

250 posts

Posted by metroview > 2013-11-25 19:59 | Report Abuse

finally got it......warrants still 2:1 ?

hng33

20,033 posts

Posted by hng33 > 2013-11-25 21:34 | Report Abuse

CAP have secure bursa securities approval to issue free bonus warrant 1 for 2.

hng33

20,033 posts

Posted by hng33 > 2013-11-25 21:36 | Report Abuse

On behalf of CAP, Mercury Securities Sdn Bhd (“Mercury Securities”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has, vide its letter dated 25 November 2013, approved the following:

a) admission to the Official List and the listing and quotation of 300,000,000 Warrants to be issued pursuant to the Proposed Bonus Issue of Warrants; and

b) the listing and quotation of 300,000,000 new ordinary shares of US$0.10 each to be issued pursuant to the exercise of the Warrants.

0665hock

234 posts

Posted by 0665hock > 2013-11-25 22:39 | Report Abuse

all the way.............................................................................................................................................

tamasi

119 posts

Posted by tamasi > 2013-11-26 07:21 | Report Abuse

smile..

metroview

250 posts

Posted by metroview > 2013-11-26 08:46 | Report Abuse

those who bought 0.65 yesterday will be smiling today.

0665hock

234 posts

Posted by 0665hock > 2013-11-26 09:12 | Report Abuse

very quiet...

davidkkw79

5,068 posts

Posted by davidkkw79 > 2013-11-26 09:13 | Report Abuse

dont believe in China company, all its accounting can be fakx

smartly

6,430 posts

Posted by smartly > 2013-11-26 10:59 | Report Abuse

if accounting believe to be faked, then PN17 is the next in line.

smartly

6,430 posts

Posted by smartly > 2013-11-26 11:03 | Report Abuse

but cap's accounting look more reasonably real then csl. :p

hng33

20,033 posts

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

Hold on, do nothing....wait for warrant entitlement date while still entitle its first interim dividend of 1sen to lower down holding cost

ktsk88

5,284 posts

Posted by ktsk88 > 2013-11-26 12:55 | Report Abuse

all those chinese stock that show good profit but no dividend need to be avoided at all cost. Look at Xinguan all these year reporting good profit but i dont recalled any dividend and the price from 1.80 to below 1.00.

But CAP, i am sure it real than other chinese stocks.

i am waiting for the bonus warrant and the 1 sen dividend

smartly

6,430 posts

Posted by smartly > 2013-11-26 14:34 | Report Abuse

like that csl also giving dividend being chinese stock, mean it is also for real ?
this could be a king of con by giving you dividend to deceive you.

LOL !

tracyjz

324 posts

Posted by tracyjz > 2013-11-27 10:12 | Report Abuse

Just hold still dec and wait bonus warrant..don't panic..this is investment but not gambling ..good luck guys

alkop

966 posts

Posted by alkop > 2013-11-27 10:15 | Report Abuse

agreed tracy bros..for jimmy yeoh u already gain 0.01 cent...shot term ..witin contra period...if u buy more than 20lot..be hepi bro

tracyjz

324 posts

Posted by tracyjz > 2013-11-27 22:52 | Report Abuse

EGM 13/12/2013

hng33

20,033 posts

Posted by hng33 > 2013-11-28 10:13 | Report Abuse

CAP restart engine again..................

hng33

20,033 posts

Posted by hng33 > 2013-11-28 10:16 | Report Abuse

EGM on 13/12/2013 to secure approval from shareholder bonus 1 for 2 warrant follow by Ex date for 1 sen interim dividend on 16 /12

alkop

966 posts

Posted by alkop > 2013-12-03 10:07 | Report Abuse

nearing dividen exdate n bonus announcement ...very strong base at 0.37 - 0375...engine to restart..agree wit u hng n tracy

hng33

20,033 posts

Posted by hng33 > 2013-12-03 10:53 | Report Abuse

CAP very likely announce the date of entitlement for bonus warrant immediately after the EGM, with ex-date at the end of Dec and listing on next year Jan which traditional buoyant well for Chinese base stock ahead of CNY.

hng33

20,033 posts

Posted by hng33 > 2013-12-03 10:58 | Report Abuse

A lot of goodies ahead of CAP shareholder:

Share holder of CAP just do nothing, hold on to entitle dividend 1 sen income first, then entitle for free warrant 1 for 2. With exercise price at 35sen, warrant is in money, probably could trade above 15sen by the time listing in Jan. After listing, wait for CAP stronger Q4 result on Feb, together with final dividend of 2 sen (based on 20% dividend payout policy)

JimYeoh

1,514 posts

Posted by JimYeoh > 2013-12-03 12:43 | Report Abuse

hng33, what is your target price?

tracyjz

324 posts

Posted by tracyjz > 2013-12-03 13:49 | Report Abuse

If warrant at 0.35 sen as stated ..tp should be 0.60 to 0.70

hng33

20,033 posts

Posted by hng33 > 2013-12-03 17:00 | Report Abuse

Warrant exercise price is 35sen.

Warrant itself is issue free to shareholder 1 for 2, is convertible to share at exercise price 35sen

smartly

6,430 posts

Posted by smartly > 2013-12-03 17:19 | Report Abuse

They made mostly modest debuts on Bursa Malaysia. Except for China Automobile Parts, which opened 18 percent higher than its IPO price, the others recorded opening price premiums of no more than 10 percent. XiDeLang and K-Star Sports even started below their retail offer prices.

smartly

6,430 posts

Posted by smartly > 2013-12-03 17:20 | Report Abuse

The companies have also lost considerable value since listing. At closing on Nov 26, their share prices were well below their IPO prices. Xingquan International and China Automobile Parts, for example, were trading at less than half of their IPO prices.

smartly

6,430 posts

Posted by smartly > 2013-12-03 17:21 | Report Abuse

The dismal performance of the entire category has been largely blamed on negative perception and poor investor sentiment, precipitated by accounting scandals involving some Chinese companies listed in Singapore, Canada and the United States.

smartly

6,430 posts

Posted by smartly > 2013-12-03 17:22 | Report Abuse

Some Chinese companies listed on the Singapore stock exchange, for instance, have been implicated in a series of financial irregularities and corporate governance failures. Meanwhile, in the US, investors have lost billions of dollars after the delisting of more than 100 Chinese companies from North American exchanges because of inconsistencies in their books.

smartly

6,430 posts

Posted by smartly > 2013-12-03 17:23 | Report Abuse

HB Global's slide to Practice Note 17 status, which indicates that a company is in financial distress, after its auditors made a disclaimer of opinion in the company's audited accounts, has not done its fellow compatriots any favors either.

smartly

6,430 posts

Posted by smartly > 2013-12-03 17:24 | Report Abuse

.......................

tracyjz

324 posts

Posted by tracyjz > 2013-12-03 19:09 | Report Abuse

Bro zzzzz

davidlim85

423 posts

Posted by davidlim85 > 2013-12-04 22:50 | Report Abuse

Why drop so much? Any idea for rebounding?

hng33

20,033 posts

Posted by hng33 > 2013-12-05 10:50 | Report Abuse

Share holder of CAP just do nothing, hold on to entitle dividend 1 sen income first, then entitle for free warrant 1 for 2. With exercise price at 35sen, warrant is in money, probably could trade above 15sen by the time listing in Jan. After listing, wait for CAP stronger Q4 result on Feb, together with final dividend of 2 sen (based on 20% dividend payout policy)

metroview

250 posts

Posted by metroview > 2013-12-05 11:26 | Report Abuse

hng33@ what do you mean by exercise price 35sen

JimYeoh

1,514 posts

Posted by JimYeoh > 2013-12-05 12:00 | Report Abuse

may close above 0.39 later..exciting week ahead

hng33

20,033 posts

Posted by hng33 > 2013-12-05 12:07 | Report Abuse

The exercise price of 35sen refer to warrant holder need to pay 35sen in order to exchange to ordinary share. Warrant itself is issue free to exiting shareholder 1 for 2

ronaldo96

763 posts

Posted by ronaldo96 > 2013-12-05 12:09 | Report Abuse

anyone can advice to update

metroview

250 posts

Posted by metroview > 2013-12-05 12:16 | Report Abuse

Thanks hng33

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