Sorry, I have just noticed your questions regarding AAACW, CSCA and HLSYF. My bad....was busy lately....Anyways, I'm not mad at all. I find this board one of the most informative boards on the net. I rarely posted messages before, although I probably will try to post more now :) Just wanted to share my research of AAAC.OB (AAACW.OB) with the board, as I find their acquisition very attractive.
Anyways, as far as CSCA.OB and HLSYF.OB are concerned - I'm not in these stocks anymore, although I might re-enter later. I'm very impressed with projections given by the board of directors in both of these companies. When I researched CNCA.OB (now HLSYF.OB) a while ago, I was especially impressed with these numbers:
If they can achieve these numbers, you definitely have a winner here....It will be interesting to see the results for the next quarter. At this point, they are acting very similar to how YTEC (former YCHTF.OB) acted before it exploded upwards - which is going back and forth between $8 and $9.
As far as CSCA.OB is concerned, warrants redemption announcement should occur any time now, perhaps even next week, as I believe the conditions for that have been satisfied. I think this is the main reason that warrants (CSCAW.OB) are trading lower.
I'm on sidelines for both of these stocks for now (although I got in and out of warrants (CSCAW.OB) few times in the past few weeks, when warrants were trading at huge discount). Will definitely keep these on watch.
Now, on your question regarding AAAC.OB (AAACW.OB):
Yes, first half of 2007 was very impressive. (95% increase in net income from first half of 2006 to first half of 2007 ). If you looked through their presentation - again, as in the case with CSCA.OB and HLSYF.OB - very impressive growth and projections. I think when we are talking about auto industry in China, it's almost given that the growth should be sustainable. The management is impressive:
The entire AAAC board of directors is comprised of directors with extensive experience in analyzing acquistion targets and assessing their future values. AAAC officers William R. Herren and Rudy Wilson have been involved in identifying and completing seven investment projects in China with over $250 million in direct investment while employed at General Motors. David J.Brophy, leads the University of Michigan's Private Equity and Entrepreneurship Center and brings considerable independent expertise in this area. Donald L. Runkle brings experience from numerous global acquisitions during his tenure at Delphi Automotive.
I have a lengthy research on this company. I'm not trying to advertise my blog by any means, but don't want to write a huge post here, especially if I already summarized everything on my blog. Anyways, if interested, here are few links:
News 
Market Data 
Discover 
AI
