China Automotive Systems, Inc. (CAAS)

China Automotive Systems manufactures parts for cars & trucks for sale to OEMS. Last qtr sales were up 75%. Analyst expect to see eps soar 750% to .17 with sales growing 51% to 57.9 mil. Company benefitting from rapid vehicle sales in China. I own.

BUSINESS SUMMARY
China Automotive Systems, Inc., through its interests in Sino-foreign joint ventures, engages in the manufacture and sale of automotive systems and components for the automobile industry in the People?s Republic of China. The company offers automotive parts, power steering gears, automotive steering gears, steering pumps, sensor modular, and electric power steering. It also offers integral power steering gear and pinion power steering gear for light and heavy-duty vehicles and cars. The company was founded in 2003 and is headquartered in Jing Zhou City, the People?s Republic of China.
Heavy Insider selling lately. Stock Is near all time highs. Next year growth Is estimated to drop about 35% year over year. Just cannot see too much more upside here. Price to book Is $4.62 per share. This one Is fully valued at these levels,and that does not leave too much room for error. TS

China has an untapped desire for vehicles and CAAS is a major supplier to Chinese auto manufacturers. The Chinese economy is rebounding quickly from the "global financial crisis" and I believe CAAS will be in a good postion when the demand really revs up. CAAS also has an abundance of free cash.

going down to 8.5- 9 range

Vroom....vrooom!

CAAS-this is a buy & hold for 3/5 years. chinas' economy is recovering with a roar & as more people in china benefit from the MONSTER ECONOMY BOOM-this should be a huge money maker for all people who think long term. A MUST BUY & HOLD!!!!!!

I'm just wandering what will happen to this stock when hundreds of millions of chinese guys will lead to the car dealers

2/36 in Auto Parts & Equipment -(72.2 @ A+/A+)

A play on the huge growth expected in the chinese auto market.

Nicely situated for boom in Chinese automotive market.
Recently raised its revenue and earnings outlook.
Very attractive between 7-8 range.

Chinese car manufacturing and demand are booming.

I love this company. Great growth potential. And a very nice amount of inside ownership. The company tuly believes in itself.

20 range! Here We Come

PEG .37

As of 2008, only 1/50 chinese owned a car. Car ownership grew 300% during the period of 2002 - 2008.

There is a beautiful future for the chinese auto market.

A good way to get in on the china auto market, without haveing to select individual auto co's .

One of the dips in March or April would have been a better time,

but I still think this stock is a good long term value/growth combination.

China automobile parts automaker. Should I say more?

This is from my "Top 5 Micro-Cap Auto Stocks" article on RideLust.com:
http://www.ridelust.com/making-money-with-auto-parts-suppliers-investing-behind-the-scenes/

China Automotive Systems makes and sells anything that has to do with steering; power steering systems, pumps, lines, sensors, steering columns, rack and pinions, etc. Again, in line with the rest of the stocks on my Top 5 Micro Cap auto stocks, they have huge insider ownership (over 70%), they’re a major player in their field, and they’re very small, meaning there’s lots of potential upside. And just like Sorl and Wonder Auto, they’re in a great niche position in China, ready to supply that growing nation with the auto parts it needs.

The main theme in the next few years will be part suppliers. So when you see that the electric car revolution is on the horizon, don’t jump on that auto makers bandwagon, find out who makes the parts, who is benefiting from the car’s sales, and invest in that company. That way, you insulate yourself from any potential downside of the car being a flop, while sill reaping the rewards of its success.

buy and hold

Member of the "Mini-Cap Monsters."