Posted by Ezra > 2015-06-11 13:16 | Report Abuse

Those seeking to invest in CAP or any stock for that matter should avoid contra trade which benefits no one except to skew market price as we have seen in the first half of this morning. It's amazing to see a stock trading several times below its expected PE for FYE 2015 / 2016. It's only toward end of first session close, did the stock exceed its opening price indicating a probable return in buying interest. It's time investors wise up to the forces at work quickly and avoid the pitfalls in trade that follows a contra purchase and strictly adhere to buying stock and other securities using surplus money in hand so as to ensure they're in a better position to reap the full value from their said investment. As far as CAP is concerned, investors should be aiming for a reasonable tp range that correspond with its expected PE for FYE 2015 / 2016.

Posted by trader1121 > 2015-06-11 15:16 | Report Abuse

see announcement larrr

Posted by eatsmall > 2015-06-11 15:17 | Report Abuse

mongol attack runnn..

Posted by eatsmall > 2015-06-11 15:54 | Report Abuse

Suisse selling..

Posted by Woi Joon Chong > 2015-06-11 16:02 | Report Abuse

I sold all cap liao. Profit a bit lah. I see no chance this stock will exceed 35 cents because of 300 million warrant. I will not touch this stock until warrant expiry

Posted by supernova > 2015-06-11 16:09 | Report Abuse

9% drop aint easy

Posted by Woi Joon Chong > 2015-06-11 16:33 | Report Abuse

Drop so many days. Three days drop 30% from 47cents

Posted by supernova > 2015-06-11 16:34 | Report Abuse

foreign investors all gang up to abandon malaysia market temporary

Posted by Woi Joon Chong > 2015-06-11 17:29 | Report Abuse

I also bought heavily at airasia this two weeks, this 2 days drop until i cant see... no choice but to buy a bit today to even up.... sad !!!

Posted by sron97g > 2015-06-11 17:32 | Report Abuse

who buy shares dont want to contra gain, if cannot only have to pick up and keep haha

Posted by Woi Joon Chong > 2015-06-12 11:19 | Report Abuse

Cap has no hope liao. Byebye

Posted by richkid > 2015-06-12 15:29 | Report Abuse

Sell call triggered! Huge selling down.

Posted by eatsmall > 2015-06-12 15:37 | Report Abuse

wait U at 30sen..

Posted by legend > 2015-06-12 16:08 | Report Abuse

this week ramai cari insurance agent..haha

Posted by Ezra > 2015-06-12 23:03 | Report Abuse

CAP should be trading rightly at 50 sen and above. The only reason for its recent decline was due to contra traders who were unable to stem the fall. Let's see whether sanity will return to market come next Monday and whether the stock will retest 55 sen per share last seen on 21 May 2015 before it lost momentum due to the market overreacting to 1MDB issue which in reality has zero effect on the Government's ability to repay. No matter who ascends or descends the political ladder, the Government's ability to honour its debt obligation and protect the financial market remains intact.

Posted by 7210 > 2015-06-13 13:32 | Report Abuse

why no analyst coverage?

Posted by Ezra > 2015-06-14 03:56 | Report Abuse

It's interesting to note from The Edge dd. 25 May 2015, the Australian mining company Siburan Resources Ltd (SBU) which is acquiring a 16.67% stake in China Automobile Parts Holdings Ltd (CAP) for 60 sen per share counts some prominent Malaysian corporate figures among its major shareholders e.g. Negeri Sembilan royalty Tunku NaquiyuddinTuanku Ja'afar who owns 5 million shares or a 2% stake and RH Resources Ltd an associate of Rimbunan Hijau Group which owns 10.33 million shares or a 4.18% stake.

The business alliance between SBU an upstream exploration company involved in a tungsten project in New Zealand and CAP will allow the latter to secure a new supply line of tungsten which is highly sought after and has high end applications in the automotive and mobile phone industries.

Hence, these factors explain why Credit Suisse was drawn to take a substantial 6% stake or some 39 million shares in CAP between late May and early June; they must have planned their investment ahead of news which broke out on Friday and made purchases the following week so as to avoid an impression of insider trading. Any subsequent divestment (which by the way is noticeably too small) is not unusual for a foreign investor seeking to protect its investment against a depreciating currency and has nothing to do with CAP whose fundamentals remain unchanged.

That's why the recent decline in CAP price was unwarranted. If the market understands the events better, the stock will be back trading at 50 sen and above come Monday. Any less than a fair price is a steal.

http://klse.i3investor.com/blogs/CAPnewsanalysis/78382.jsp

Posted by watchme > 2015-06-14 10:15 | Report Abuse

how to go back to 50 level from current? limit up 2 times? don really think it is possible with such weak market sentiment....those investor money may come easy from somewhere...manipulating the shares !!

Posted by watchme > 2015-06-14 10:16 | Report Abuse

buy lah fundamental good earnings shares like KSL...with dividend 5 cents coming

Posted by Woi Joon Chong > 2015-06-14 15:37 | Report Abuse

Ksl also drop earning a lot. No hope in near term

Posted by Ezra > 2015-06-15 08:57 | Report Abuse

Limit up 2 times? Now, that's quite a stretch of words there watchme.

It's a common knowledge for a penny stock the ceiling limit is 30 sen up. In other words, 66 sen per share is the maximum for today.

Of course, it's not going to shoot the ceiling unless another institutional investor were to join Credit Suisse.

What I'm saying at current prices, the stock is extremely undervalued.

If investors were wise enough, they'd not be disposing their shares for anything less than 50 sen or above should they wish for their shares to return to levels seen before the 1MDB rumours broke out last 21st May 2015.

The latter actually was a non-issue as it matters not who ascends or descends the political ladder, the Government's ability to honour its debt obligations remains intact.

Posted by 7210 > 2015-06-15 09:09 | Report Abuse

so far, siburan resources still making a loss. I am curious are they still in exploration stage in kirwan? when do they expect to start producing?

Posted by Ezra > 2015-06-15 09:39 | Report Abuse

Siburan is still at exploration stage in Kirwan and is not expected to bring revenue in the near term. However, the entry of an institutional player like Credit Suisse into CAP (aside from Siburan) and CAP's proposed rubber recycling JV in Xiamen, China with Sekhar Research Innovations Sdn Bhd with revenues streaming in by 2016 signals strongly that CAP's stock price is grossly undervalued (even for its existing business) and ought to be headed north.

Posted by Ezra > 2015-06-15 11:18 | Report Abuse

Here's how the Bursa works.

Those wanting to sell high will not be able to do so unless those queuing to sell low were to unqueue their orders.

In simple English, if you were to buy say at 49 sen per share and if the lowest sell offer was 48.5 sen per share, Bursa will automatically register your purchase at the lower 48.5 sen per share.

The operators know this and love manipulating it to their advantage. And the rest of the market simply falls for it.

So it stands to reason, the only way to reverse the trend, is for the ordinary investor to understand this and immediately stop queuing at anything below 50 sen per share.

This will naturally push up the lowest sell offer to 50 sen and above per share. Market will have no choice but to buy whatever there's on the table.

That's the only way investors will be able to turn the tide against the bear and unlock CAP's price potential for what it's really worth.

Posted by richkid > 2015-06-15 11:55 | Report Abuse

Buy call...oversold position....CAP is undervalued now at 34.5 sen...should go up again to above 50 sen....smart investors...time to pick up...

Posted by richkid > 2015-06-15 14:46 | Report Abuse

Buy ..tomorrow expected to rebound. Cannot go down forever...best price at the 33.5 sen support.

Posted by richkid > 2015-06-15 14:48 | Report Abuse

Buy call......too cheap....super sale...Fair price 70 sen....
http://klse.i3investor.com/blogs/CAPnewsanalysis/78383.jsp

Posted by supernova > 2015-06-15 15:04 | Report Abuse

cap china, sale sale sale

Posted by 7210 > 2015-06-15 15:15 | Report Abuse

I hope both SRI S/B 's JV and Siburan Res. investment will not be aborted and cancelled. AGM is coming, hopefully the management will release more infor on SRI and siburan.

Posted by richkid > 2015-06-15 15:28 | Report Abuse

Buy already dropped to previous support....no problem...should be holding strong at this point.

Posted by richkid > 2015-06-15 15:35 | Report Abuse

Buy when others sell...sell when others buy...be a contrarian.

Posted by richkid > 2015-06-16 09:28 | Report Abuse

Should rebound today....34 sen is very good price...

Posted by richkid > 2015-06-16 09:28 | Report Abuse

Bargain hunters are coming to buy cheap stocks today...hahaha

Posted by richkid > 2015-06-16 09:45 | Report Abuse

Buy call...rebound coming soon...

Posted by supernova > 2015-06-16 09:46 | Report Abuse

not cheap enough, will wait below 30c

Posted by richkid > 2015-06-16 13:03 | Report Abuse

Wave came just now...pushing to 35 sen in a short time. Very nice.

Posted by richkid > 2015-06-17 10:24 | Report Abuse

Come on...CAP should move up very soon...34 sen is the support. No more down trend...Should move up above 40 sen.

Posted by Eric Liong > 2015-06-17 20:48 | Report Abuse

Ppl here not yet exploring pontiential of china counter... time will come when china is as strong as usa

Posted by yingkang87 > 2015-06-17 23:24 | Report Abuse

How about CSL??? any comment???

Posted by Eric Liong > 2015-06-17 23:28 | Report Abuse

No hope for csl at present as poorly done business

Posted by Ezra > 2015-06-19 08:41 | Report Abuse

For readers and those who're thinking about investing in CAP but are undecided due to the bad press that seem to colour discussions on Chinese stocks, here's a perspective on why fundamental investing matters http://klse.i3investor.com/blogs/princeanpauperstocks/78654.jsp

Posted by Growth74 > 2015-06-19 09:11 | Report Abuse

Ezra.. thanks for a good write up!

Posted by metroview > 2015-06-19 09:21 | Report Abuse

Ezra good comments

Posted by Eric Liong > 2015-06-19 21:15 | Report Abuse

Anyone here know how is going on about siburan enquire of about 17% stake of cap ?

Posted by 7210 > 2015-06-20 10:50 | Report Abuse

AGM is on 22 June, best time to ask questions.

Posted by watchme > 2015-06-20 10:58 | Report Abuse

the turmoils in politic and financial scandals are scaring the foreign investors, it is better to stay away from market for a while if you have note invested in the market...

Posted by JY108 > 2015-06-26 15:11 | Report Abuse

CHINA AUTOMOBILE PARTS HOLDINGS LIMITED (CAP OR THE COMPANY)
PROPOSED DUAL LISTING ON THE HONG KONG STOCK EXCHANGE (PROPOSED DUAL LISTING)

Posted by fifijalal > 2015-06-30 16:09 | Report Abuse

uuu yeahhhh

Posted by Eric Liong > 2015-06-30 16:16 | Report Abuse

Going up 55cts

Posted by BigFund > 2015-06-30 19:49 | Report Abuse

good..... tomolo continue going up