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A bargain that may be a swindle: CAAS China Automotive Systems January 30, 2018

Posted by deminvest in China stock, investment, stock I own, stocks.
Tags: ,

A Chinese car parts manufacturing company that looks such a bargain that I can’t resist:

Here is my point:
Trailing P/E 5.79
Forward P/E 5.26

Inexpensive and expected to be even more inexpensive next year.
Plus I believe car parts will be more and more built in China.

Apparently growing:

Quarterly Revenue Growth (yoy) 25.10%

But not doing the same good job with earnings:
Quarterly Earnings Growth (yoy)-11.00%

No debt with an hefty Revenue:

Revenue (ttm) 504.89M
Total Cash (mrq) 79.21M
Total Debt (mrq) 73.59M


1. deminvest - January 30, 2018

Here my trade:
01/30/2018 12:32:58 Buy 323 CAAS Limit 4.63 DAY
Bought @ 4.63

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