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You are absolutely correct. The DD B has put together is amazing. Those facts speak of a company that has many potentials.
I totally agree with you. Hold and be strong. We had and will have our moments.
You can dump your shares at any level you want. It's your money. The daily volume is around 100M shares, which should be sufficient to absorb yours.
That's exact what I am thinking too!
And it's fine to take a little bit time to build up a solid base.
I totally agree with you.
Does "people" you used in your post include yourself? Lol....
It's not by math. It's based on definition. You lost me sorry.
PE is based on Earnings, not on Revenue.
Companies do investor conference calls all the time. Just to give you a start point to have an idea, check out those bio-pharmacy companies.
haha. you sold at .0045. what a pity.
Really?!
I thought Tesla just launched their sales of S model in China two months ago.
China is the largest market for luxury cars and has the fastest growth of vehicles.
Congrats!!!
Per your point "everyone is calculating the risk" and based on what you said "no one was able to interpret the filing". My question to you is: if none can interpret the filing properly, how can he calculate the risk?
Kailong Investments Management Limited operates as an investment holding company. The company was incorporated in 2010 and is based in Hong Kong. Kailong Investments Management Limited operates as a subsidiary of Baoxin Auto Group Limited.
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=144104598
Hahaha.....
It's tuition free. I just want to make sue you did not sleep in the class.
Management is not stupid to do reverse split till 0.001.
Believe it or not, if it goes down to 0.001, many ppl will sold their houses to buy APT's shares.
Hehehe.....
Ok you had IF statement.
Do not know in the programming, after if there is "if else"?
Lol....
I hear you steelo28. Thanks for cooling me down. You are absolutely right.
A premier institution investor from China in their automobile industry /dealership has emerged from this filing. That's something new to us. Think about the sales network Baoxin Auto Group already has through their dealership of BMW, AUDI etc 18 brands of cars. Think about millions of Chinese ride the motorcycles made by APT. Think about an executive of APT who can speak fluent Mandarin.
Connect those dots together, then you will see the progress on fundamentals. They are holding ~219M shares. I think they did their DD before investing in APT. They are professionals.
Please be more confident.
Kailong a subsidiary company of Baoxin Auto Group might be different from the one you searched for Kailong REI. They might be different companies.
Then hurry up!
Just kidding bud!
Research that company and then draw your conclusion based on facts, not on your impression.
Baoxin auto group is the largest BMW dealership of the world. Think about its sales channels and network when APT need to use them.
I am excited to see them in here holding 210M common shares of APT.
This is what I said earlier today and it proves to be true:
Castation Member Level Friday, 05/09/14 11:08:41 AM
Re: jmoney27 post# 55779
Post # of 56490
Who else will be out of their mind to sell shares below 0.005?
BAOXIN Auto Group Introduction:
Baoxin Auto Group Limited (HK1293) is an automobile sales and service group which focuses on mid-and-high end brands as well as luxury and ultra-luxury brands. Baoxin is the largest dealer of BMW both in China and in the world. Its operation has covered 18 brands with its stores mainly located in populous and affluent regions that show enormous market potential. Due to numerous years of efforts, Baoxin Group completed its IPO on the main board of Hong Kong Stock Exchange on Dec 14, 2011 and has been ranked one of the “top ten Chinese auto sales and service groups” and “most influential auto dealer groups”, an “outstanding contributor to Shanghai auto sales and service industry”, a “five-star company of trustworthy services” as well as the 7th on the “Chinese automobile dealer group ranking list of 2012”. In particular, it has been ranked one of the “Reputable auto sales companies” and “Shanghai established brands” for consecutive years.
As an authorized dealer of premium brand automobiles, Baoxin Group provides customers of multi brands with world-class sales and after-sales services. Baoxin has made it its operating principle to comprehensively serve its customers’ needs and achieve customer satisfaction. Drawing on its group-based advantages, Baoxin realizes constant competitiveness enhancement.
In an ever changing market, Baoxin Group with its unique corporate philosophy, has been concentrating on automobile business and committed to professional services, establishing and maintaining a well-respected brand ever since its first day in the automobile industry. The Group provides integrated and comprehensive services including new car sales, after-sales maintenance, auto beauty, retrofitting, used car sales, auto insurance, auto parts and related-product sales, etc.
On its mission of “customer commitment, management optimization and supreme services”, Baoxin Group holds dear the values of integrity, practicality and constant enhancement, providing supreme services. Meanwhile, Baoxin never forgets its social responsibilities. As a reputable company, it keeps giving back to the community by proactively engaging in activities that support disadvantaged groups, which contributes to its social credibility.
http://klbaoxin.com/html/about_profile.php
Originally Published: August 30, 2012 9:11 AM
Modified: August 30, 2012 9:51 PM
China Baoxin Auto to buy NCGA dealership group for $305 million
HONG KONG -- China Baoxin Auto Group Ltd. has agreed to buy NCGA Holdings Ltd., a 12-store luxury dealership group in the country operated by U.S.-based McLarty Automotive Partners.
NCGA will remain a minority partner in the combined company. Baoxin said it paid $305 million for its majority stake.
Mark McLarty, the son of U.S. dealer and former White House Chief of Staff Mack McLarty, is chairman of NCGA.
The deal would include the dealerships in NCGA’s Yanjun Auto, a luxury-brand chain in northern China.
Baoxin, a China dealer for BMW autos, said the acquisition of NCGA would add eight BMW/Mini dealerships, two Jaguar and Land Rover dealerships, one Porsche and one Volvo dealership to its operations
McLarty Automotive, which is chaired by Mack McLarty, operates two other international companies besides Yanjun, Caltabiano McLarty in Brazil and GDV Imports Mexico. Former Toyota and Chrysler executive Jim Press is president of McLarty’s international dealership operations.
The NCGA acquisition is expected to expand Baoxin’s geographic footprint in China while generating economies of scale and additional capital to continue the company’s growth.
With IPO markets closed and financing options drying up, China’s capital-intensive car dealerships have become targets for investors, including private equity firms.
U.S. fund Warburg Pincus recently invested $200 million for a minority stake in privately owned China Auto Rental Holdings Inc., China’s largest-ever equity financing deal in the car rental industry.
Reuters contributed to this report
I noticed that as well. Just did not have time yet to work on it. Still in the office.
debt does not mature until another year in 2015.
The management has a plan to bring it back to $0.01. I have the belief in them.
It was 13,366,557,000 shares reduced.
I meant typing rainbow, not rain. Lol. The mobile app sucks.
Me too. Ok now I go back to work to wrap up my presentation slides. Have a good weekend longs and shorties.
The rain now will be ahead of us soon.
CHEERS!!!!
I respect your investment strategy.
Sorry about the cross fire. My apologies.
So why do we patiently wait for this new public company to do their job?
Does GOogle issue PRs every day?
Out of your 30 year C corp experience, were you able to double your revenue year by year?!
I guess you might be disappointed if they have not tripled their revenue in one year. Lol...
10% gain of $2000 is only $200. I will save the breath and stop acting like a trading god.
To be realistic, total shares held by a few ppl here are already more than today's volume.
Bottom is near with dried up volume.
Calculation period is not done yet. Simple math.