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Re: None

Tuesday, 12/23/2014 10:57:51 AM

Tuesday, December 23, 2014 10:57:51 AM

Post# of 173750
I like $CAAS here with PE 6, paying a dividend

China Automotive Systems (CAAS)

This company got the "GEO Investing seal of approval" in May as a (somewhat rare) completely legit China stock.

http://seekingalpha.com/article/2243353-china-automotive-systems-rare-and-undervalued-chinese-industrial-success

Audited by Pricewaterhouse, with $80+ M in cash, plus their dividend payment helps verify they have the cash they claim.

It's trading over $1 below book value, P/S 0.4, PE 6, 12% revenue growth, and has deals with both Ford and Chrysler for their steering systems. Even employees a handful of people in the U.S. via one of their subsidiaries.

Stock looks to be coming off recent bottom.

Any thoughts on this one?

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