China Zenix Auto International Limited (ADR) (NYSE:ZX)

CAPS Rating: No stars

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Member Avatar TSIF (99.96) Submitted: 9/16/2014 1:11:04 PM : Outperform Start Price: $2.01 ZX Score: -13.95

Spec play, shorting Joey, but he already scored from a higher level.

Not a fan of these Chinese plays, with subsidiaries. Metrics are always low over accountability concerns.

Seems to be basing at $2.00 or so per share.
Wheel manufacturer, decreased sells to OEM's. Increase to aftermarket and export.
Low volume, typical China play with very low multiples, .23 P/B, over $3.00 per share in cash (claimed).

Worth an easy $3.00 per share if legit....spikes to $3.00 from time to time. Currently at low end of trading history.

SPEC play.

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