China Auto Elec   

China Auto Electronics Group Ltd

Chery Auto saw its vehicle sales in September 2009 increase 110% year on year to a monthly record high at 51,453 units, leading in the month's sales of chinese-brand car makers, sina.com said on 12th Oct 2009.

starlene      ( Date: 30-Aug-2009 23:36) Posted: This was what i meant when I sais China Auto Elec will benefit from China Tariff cut on auto parts. SHANGHAI (AP) -- General Motors China and state-owned automaker FAW Group Corp. launched a 2 billion yuan ($293 million) joint venture Sunday to make light-duty trucks and vans, initially for the fast-growing Chinese market. GM said the joint venture will use two existing factories affiliated with FAW and have a capacity of over 100,000 vehicles. That is expected to double by the end of 2010, GM China Group President Kevin Wale told reporters in a conference call. Plans call for building a new assembly plant in Harbin, he said. China is a key growth market for GM, which is expanding here despite its difficulties in the U.S. market. "Light trucks and vans have a significant role in China and other parts of the world," Wale said. "Adding trucks rounds out our vehicle portfolio in China. It's really a key focus for future growth." The 50-50 joint venture, based in the northeastern Chinese city of Changchun, where FAW is also based, will make FAW-branded vehicles for the Chinese market, GM said in a statement. The venture might make GM-branded vehicles for export later, but the focus for now is on meeting demand in China, Wale said. Production will be at the existing factories in southwestern China's Yunnan province, a facility owned by FAW-affiliate Hongta Yunnan Automobile Manufacturing Co. Ltd., and at Harbin Light Vehicle Co. Ltd. in the northeastern city of Harbin, GM said. It said the two companies will conduct research and development, exports and after-sales support as well as vehicle production. "Our new joint venture combines the expertise of two industry leaders in a partnership that benefits both," Nick Reilly, GM executive vice president, said in a statement. "It will address demand in China and other markets for high-quality, affordable products in one of the industry's most robust segments, while complementing the portfolio of products that GM and FAW currently offer," Reilly said. Discussions on the venture began in early 2007 and it obtained regulatory approval in July, GM said. FAW, originally known as First Auto Works, was founded in 1953 and began production in 1956. It sold 1.53 million vehicles, including sedans, vans and trucks, in 2008. GM's sales in China jumped 38 percent in the first half of this year, helped by strong demand for its minivans and other small vehicles. The automaker sold more than 100,000 vehicles a month in China from January to June for a total of 814,442, a record for any half year, the company said. That compares with sales of 1,094,561 GM vehicles in China for all of 2008. Adding truck production will help expand the company's exposure in one of the few major markets that continues to grow. "These are quite different customers and quite different products," Wale said. He said he expected GM's commercial vehicle sales to reach 80,000 to 90,000 this year and to rise further next year. Buzz up! 1 Back to top imba1328 Joined: 06 Aug 2009 Posts: 35 Posted: Sun Aug 30, 2009 4:30 pm    Post subject: And both FAW and GM are customers of China Auto Elec. China Auto Electronics Group Limited Formerly known as China Transcom Technologies Limited. The Group's principal activity is manufacturing automobile wire harness and connectors. It has 8 manufacturing facilities in China and one in Central America. The Group is the OEM supplier for automakers such as Dongfeng Motor Corporation, Shanghai Volkswagen Automotive Company Ltd, FAW-Volkswagen Automobile Company Ltd, General Motors Corporation, Chery Automobile Company Ltd and Changan Automobile Group Ltd. The Group also manufactures crimping machines and moulds. In 2007, the Group disposed its telecommunication, data network products and transportation communication products division. Back to top imba1328 Joined: 06 Aug 2009 Posts: 35 Posted: Sun Aug 30, 2009 4:33 pm    Post subject: Thats a 2 billion RMB JV!

 

tested its low 13-13.5cts,but luckily is on low vol..many who play this stock just want quick punt but certainly will feel frustrated.If U have collected from 7-11cts still got meat,unlikley will go down to 11cts again sp auto biz pick up in PRC and US auto alos improving..was damn lucky to have sold previously 80--83cts in 2007 when it was relisted after its RTO last price was 58cts.

 

If U have bought say a few 100 lots then 0.5cts to 1 cts move can make good coffee $$$,but I am keeping and have confidence that it will cross 20cts,matter of time,now that many has lost patience will go in and buy shd it dropped to 11cts again

 

General Motors co. said in a statement on 9th Oct 2009 that its China vehicle sales in the first nine months of this year jumped 55.6% from a year earlier, hitting a record with 1,292,549 units being sold.

chinastar      ( Date: 08-Oct-2009 08:00) Posted: just hope Ernst & Young staff have done a good job in the internal control review. chinastar      ( Date: 06-Oct-2009 08:53) Posted: chinese people continue buying new automobiles during the golden week holidays. this buying spree will continue till chinese new year in 2010.

 

just hope Ernst & Young staff have done a good job in the internal control review.

chinastar      ( Date: 06-Oct-2009 08:53) Posted: chinese people continue buying new automobiles during the golden week holidays. this buying spree will continue till chinese new year in 2010. chinastar      ( Date: 01-Oct-2009 07:54) Posted: Dongfeng automobile co., ltd saw a revenue of 39.046 billion yuan in the first half of 2009, and net profit of 2.606 billion yuan, citing its financial report. China's largest automaker Shanghai Automotive Industry Corporation (SAIC) saw an operating revenue of 61.585 billion yuan in the first half of 2009, and net profit of 1.416 billion yuan.

 

chinese people continue buying new automobiles during the golden week holidays.

this buying spree will continue till chinese new year in 2010.

chinastar      ( Date: 01-Oct-2009 07:54) Posted: Dongfeng automobile co., ltd saw a revenue of 39.046 billion yuan in the first half of 2009, and net profit of 2.606 billion yuan, citing its financial report. China's largest automaker Shanghai Automotive Industry Corporation (SAIC) saw an operating revenue of 61.585 billion yuan in the first half of 2009, and net profit of 1.416 billion yuan. chinastar      ( Date: 28-Sep-2009 13:07) Posted: Q3 and Q4 results should be profitable

 

Dongfeng automobile co., ltd saw a revenue of 39.046 billion yuan in the first half of 2009, and net profit of 2.606 billion yuan, citing its financial report.

China's largest automaker Shanghai Automotive Industry Corporation (SAIC) saw an operating revenue of 61.585 billion yuan in the first half of 2009, and net profit of 1.416 billion yuan.

chinastar      ( Date: 28-Sep-2009 13:07) Posted: Q3 and Q4 results should be profitable. starlene      ( Date: 25-Sep-2009 21:50) Posted: Not bad high today is 17cts,got vol too...consolidate too long 15-15.5cts,time to move next week,very few  good S chips left below 20cts-lowest PE

 

SAIC Motor, FAW group, Dongfeng group are the top 3 automakers in China, according to the China Association of Automobile Manufacturers.

SAIC, FAW and Dongfeng each sold over one million vehicles in the first 8 months of 2009.

starlene      ( Date: 30-Aug-2009 23:36) Posted: This was what i meant when I sais China Auto Elec will benefit from China Tariff cut on auto parts. SHANGHAI (AP) -- General Motors China and state-owned automaker FAW Group Corp. launched a 2 billion yuan ($293 million) joint venture Sunday to make light-duty trucks and vans, initially for the fast-growing Chinese market. GM said the joint venture will use two existing factories affiliated with FAW and have a capacity of over 100,000 vehicles. That is expected to double by the end of 2010, GM China Group President Kevin Wale told reporters in a conference call. Plans call for building a new assembly plant in Harbin, he said. China is a key growth market for GM, which is expanding here despite its difficulties in the U.S. market. "Light trucks and vans have a significant role in China and other parts of the world," Wale said. "Adding trucks rounds out our vehicle portfolio in China. It's really a key focus for future growth." The 50-50 joint venture, based in the northeastern Chinese city of Changchun, where FAW is also based, will make FAW-branded vehicles for the Chinese market, GM said in a statement. The venture might make GM-branded vehicles for export later, but the focus for now is on meeting demand in China, Wale said. Production will be at the existing factories in southwestern China's Yunnan province, a facility owned by FAW-affiliate Hongta Yunnan Automobile Manufacturing Co. Ltd., and at Harbin Light Vehicle Co. Ltd. in the northeastern city of Harbin, GM said. It said the two companies will conduct research and development, exports and after-sales support as well as vehicle production. "Our new joint venture combines the expertise of two industry leaders in a partnership that benefits both," Nick Reilly, GM executive vice president, said in a statement. "It will address demand in China and other markets for high-quality, affordable products in one of the industry's most robust segments, while complementing the portfolio of products that GM and FAW currently offer," Reilly said. Discussions on the venture began in early 2007 and it obtained regulatory approval in July, GM said. FAW, originally known as First Auto Works, was founded in 1953 and began production in 1956. It sold 1.53 million vehicles, including sedans, vans and trucks, in 2008. GM's sales in China jumped 38 percent in the first half of this year, helped by strong demand for its minivans and other small vehicles. The automaker sold more than 100,000 vehicles a month in China from January to June for a total of 814,442, a record for any half year, the company said. That compares with sales of 1,094,561 GM vehicles in China for all of 2008. Adding truck production will help expand the company's exposure in one of the few major markets that continues to grow. "These are quite different customers and quite different products," Wale said. He said he expected GM's commercial vehicle sales to reach 80,000 to 90,000 this year and to rise further next year. Buzz up! 1 Back to top imba1328 Joined: 06 Aug 2009 Posts: 35 Posted: Sun Aug 30, 2009 4:30 pm    Post subject: And both FAW and GM are customers of China Auto Elec. China Auto Electronics Group Limited Formerly known as China Transcom Technologies Limited. The Group's principal activity is manufacturing automobile wire harness and connectors. It has 8 manufacturing facilities in China and one in Central America. The Group is the OEM supplier for automakers such as Dongfeng Motor Corporation, Shanghai Volkswagen Automotive Company Ltd, FAW-Volkswagen Automobile Company Ltd, General Motors Corporation, Chery Automobile Company Ltd and Changan Automobile Group Ltd. The Group also manufactures crimping machines and moulds. In 2007, the Group disposed its telecommunication, data network products and transportation communication products division. Back to top imba1328 Joined: 06 Aug 2009 Posts: 35 Posted: Sun Aug 30, 2009 4:33 pm    Post subject: Thats a 2 billion RMB JV!

 

Q3 and Q4 results should be profitable.

starlene      ( Date: 25-Sep-2009 21:50) Posted: Not bad high today is 17cts,got vol too...consolidate too long 15-15.5cts,time to move next week,very few  good S chips left below 20cts-lowest PE

 

Not bad high today is 17cts,got vol too...consolidate too long 15-15.5cts,time to move next week,very few  good S chips left below 20cts-lowest PE

 

Look at the support at 15cts..ok lah mkt drop for most counter,CAE still holding...matter of time,among the cheapest stock in turn of absolute value and lowest PE for S-chips



17:05:03 0.150 259,000 A
16:59:25 0.150 30,000 B
16:59:02 0.150 12,000 A
16:58:11 0.150 10,000 A
16:49:02 0.150 40,000 A
16:48:13 0.150 38,000 B
16:47:05 0.150 12,000 A
16:46:48 0.150 5,000 A
16:46:26 0.150 25,000 A
16:46:22 0.150 50,000 A
16:44:34 0.150 48,000 B
16:44:13 0.150 8,000 B
16:43:49 0.150 100,000 B
16:43:48 0.150 300,000 B
16:43:39 0.150 154,000 B
16:43:39 0.150 100,000 B
16:43:34 0.150 200,000 B
16:43:19 0.150 20,000 B
16:42:07 0.150 300,000 B
16:41:00 0.155 3,000 A
15:02:19 0.155 10,000 A
14:39:11 0.155 100,000 A
14:06:40 0.155 1,000 A
13:59:01 0.150 80,000 A
12:20:36 0.155 20,000 A
12:06:47 0.155 10,000 A
11:26:54 0.150 200,000 B
11:09:39 0.155 50,000 A
10:57:00 0.155 200,000 A
10:23:48 0.155 20,000 A
09:22:31 0.155 10,000 B
09:22:19 0.155 40,000 A
09:22:11 0.155 15,000 A
09:06:49 0.155 200,000 A

 

A female dog.
I think those who bought 1 million, 500 lots, 400 lots @ $0.155 yesterday now queue to sell at $0.16. Form road block, for speculators, want to cross must pay gantry charge because market bad today no business ..Need time to clear this block...but every time drop to 14.5-15cts this same group come out to support again...nut longer it consolidate there the better...in the beginning of 2009 hover 4-8cts so long then 9-10cts also over 2-4mths finally break...12-15,16-19cts beofre it stalled,I guess just hve to hve patience,since it is not likley to drop to 8-11cts(near impossible) and dropped <14.5cts alos unlikley..so the way is up only but once again takes time

starlene      ( Date: 23-Sep-2009 00:06) Posted: Originally Posted by admin Listed since 9 July 2004 on SGX Mainboard, Snowcity International Holdings Ltd is a manufacturer of telecommunications products in China.Now via a RTO,new name is China Auto Electronics Click here to visit ChinaTranscom website The low of 14.5cts is established on a few occasions Aug-Sept 17:05:03 0.155 85,000 B 16:59:02 0.155 15,000 A 16:54:42 0.155 10,000 A 16:54:39 0.155 15,000 A 16:48:42 0.155 50,000 A 16:46:29 0.150 100,000 B 16:34:00 0.155 10,000 A 16:22:35 0.150 25,000 B 16:18:09 0.150 3,000 B 16:05:18 0.155 40,000 A 16:00:24 0.155 30,000 A 16:00:04 0.155 20,000 A 15:57:06 0.150 1,077,000 A 15:56:38 0.150 500,000 A 15:49:47 0.150 20,000 A 15:17:26 0.145 172,000 A 15:15:04 0.145 100,000 A 15:12:13 0.145 156,000 B 1508 0.145 50,000 B 15:09:29 0.145 50,000 B 15:08:20 0.145 130,000 B 15:00:01 0.145 60,000 B 14:25:05 0.145 50,000 B 12:28:53 0.145 50,000 B 12:27:53 0.145 50,000 B 10:44:07 0.145 100,000 B 09:59:06 0.145 55,000 A 09:58:59 0.145 20,000 A 09:55:55 0.145 65,000 B 09:55:49 0.145 100,000 B 09:53:45 0.145 30,000 B 08:59:02 0.145 80,000 A Page: [1

 

Originally Posted by admin Listed since 9 July 2004 on SGX Mainboard, Snowcity International Holdings Ltd is a manufacturer of telecommunications products in China.Now via a RTO,new name is China Auto Electronics Click here to visit ChinaTranscom website

The low of 14.5cts is established on a few occasions Aug-Sept


17:05:03 0.155 85,000 B
16:59:02 0.155 15,000 A
16:54:42 0.155 10,000 A
16:54:39 0.155 15,000 A
16:48:42 0.155 50,000 A
16:46:29 0.150 100,000 B
16:34:00 0.155 10,000 A
16:22:35 0.150 25,000 B
16:18:09 0.150 3,000 B
16:05:18 0.155 40,000 A
16:00:24 0.155 30,000 A
16:00:04 0.155 20,000 A
15:57:06 0.150 1,077,000 A
15:56:38 0.150 500,000 A
15:49:47 0.150 20,000 A
15:17:26 0.145 172,000 A
15:15:04 0.145 100,000 A
15:12:13 0.145 156,000 B
1508 0.145 50,000 B
15:09:29 0.145 50,000 B
15:08:20 0.145 130,000 B
15:00:01 0.145 60,000 B
14:25:05 0.145 50,000 B
12:28:53 0.145 50,000 B
12:27:53 0.145 50,000 B
10:44:07 0.145 100,000 B
09:59:06 0.145 55,000 A
09:58:59 0.145 20,000 A
09:55:55 0.145 65,000 B
09:55:49 0.145 100,000 B
09:53:45 0.145 30,000 B
08:59:02 0.145 80,000 A

Page: [1

 

Tue Sep 22, 2009 5:22 pm    Post subject:
General Motors ,for instance,expects China to pass the US this yera as the world's top market for cars,with a projected 12million in sales. (pg A8 St Times dated 22 Sept 2009) 14.5cts appear to be the base bottom. 17:05:03 0.155 85,000 B 16:59:02 0.155 15,000 A 16:54:42 0.155 10,000 A 16:54:39 0.155 15,000 A 16:48:42 0.155 50,000 A 16:46:29 0.150 100,000 B 16:34:00 0.155 10,000 A 16:22:35 0.150 25,000 B 16:18:09 0.150 3,000 B 16:05:18 0.155 40,000 A 16:00:24 0.155 30,000 A 16:00:04 0.155 20,000 A 15:57:06 0.150 1,077,000 A 15:56:38 0.150 500,000 A 15:49:47 0.150 20,000 A 15:17:26 0.145 172,000 A 15:15:04 0.145 100,000 A 15:12:13 0.145 156,000 B 15:11:08 0.145 50,000 B 15:09:29 0.145 50,000 B 15:08:20 0.145 130,000 B 15:00:01 0.145 60,000 B 14:25:05 0.145 50,000 B 12:28:53 0.145 50,000 B 12:27:53 0.145 50,000 B 10:44:07 0.145 100,000 B 09:59:06 0.145 55,000 A 09:58:59 0.145 20,000 A 09:55:55 0.145 65,000 B 09:55:49 0.145 100,000 B 09:53:45 0.145 30,000 B 08:59:02 0.145 80,000 A

 

It seems like China kunda technology, Lizhong wheel and China auto electronics group will benefit from the US-China trade war.

(source: Lianhe Zaobao 21-09- 2009)

chinastar      ( Date: 19-Sep-2009 11:39) Posted: wait for good news in oct. chinastar      ( Date: 18-Sep-2009 08:58) Posted: I can not imagine only 2.9 % of  chinese population own vehicles. Plenty of rooms for improvement for china car industry

 

wait for good news in oct.

chinastar      ( Date: 18-Sep-2009 08:58) Posted: I can not imagine only 2.9 % of  chinese population own vehicles. Plenty of rooms for improvement for china car industry. starlene      ( Date: 17-Sep-2009 09:40) Posted: Not bad today all done at 16cts. Why China's Car Market is the Holy Grail By Brian Hicks | Wednesday, September 16th, 2009 As you read this, the future of transportation is taking place in a convention hall in Frankfurt, Germany. It's called the Frankfurt Motor Show. . . and insider reports indicate electric cars are taking over the world like an army of robots, hell-bent on revenge against their flesh masters. Every company represented at the show is featuring their version of an electric/hybrid automobile. Even high-end brands like Porsche and Ferrari are going electric. Advertisement North Dakota's Recession-Proof Secret It has the country's lowest unemployment rate, a budget surplus of $1.2 billion, and more than 9,000 unfilled jobs. Yet something even bigger is brewing in the suddenly booming state of North Dakota... And it's handing investors the easiest gains of their lives -- to the tune of 115%, 128%, 96% and 55%. Learn how to get in on N.D.'s best-kept secret -- starting today -- in our just-published report. -------------------------------------------------------------------------------- But while SAAB, BMW, and Mercedes size-up each others' electric motor, the Chinese are the ones that are the talk of the show. The bottom line: China's car market is the Holy Grail. While the U.S. and European dealers have to create tempting incentive plans to get cars off their lots, Chinese dealerships literally have waiting lists of customers who want to buy cars and are willing to take a spot in the queue. The potential numbers are mind-boggling. In China, only 2.9% of the population owns cars. That's only about 38 million cars on the streets of China's cities and villages. Compare that to the United States, where 238 million vehicles are on the road. Catch my drift now? The growth in China is going to be awesome. According to a Wall Street Journal article on September 9: China's auto industry continued to post strong growth, with sales of passenger vehicles rising 90% in August. Passenger-vehicle sales in China rose to 858,300 units in August, up 90% from a year earlier, the China Association of Automobile Manufacturers said in a statement Tuesday. China's overall auto sales rose 82% in August to 1.14 million units. Mr. Liu said he expects sales of small cars to continue to outperform the industry. . . "Customers right now are becoming younger," he said. They only need and can only afford smaller cars, he said. As the breakneck pace in sales growth eases, it will help to spur consolidation in China's auto industry, which currently has more than a hundred vehicle manufacturers, Mr. Liu said. You read that correctly. . . 100 different car manufacturers! And this brings me now to draw readers' attention to the real opportunity from this electric car bull market: rare earth metals. Rare earth metals are vital in the clean energy markets of electric batteries for cars, solar panels, wind turbines. . . even weapons! Metals like neodymium, indium, lithium, dysprosium, and terbium are essential to green energy technologies. Without these metals, there would be no Toyota Prius. According to Jack Lifton, a commodities analyst and leading authority on rare metals, "The Prius automobile is the biggest user of rare earths of any object in the world." How much are we talking? Lifton says there is 1 kilogram (2.2 lb) of neodymium in the Prius hybrid's electric motor between 10 and 15 kg (22-33 lb) of lanthanum in the car's battery pack. Those figures would likely rise if the car were fitted with a larger battery pack and motor for higher fuel efficiency. And guess what? China accounts for 97% of global production and about 60% of consumption of rare earth metals. In a recent article titled "China's Plan to Dominate Rare Earth Metals," Sean Brodrick writes: China plans to curb its exports of the metals. China has announced that export quotas for the first half of 2009 are being reduced by approximately 34% over the same period last year. Not surprisingly, Toyota is said to be searching for additional suppliers of these materials outside China. But it might not help. You see, the Chinese are on a buying binge for rare earth properties. According to Brodrick. . . Two Australian companies, Lynas Corp. and Arafura Resources, are planning to open mines in the next couple years that have combined production equal to a quarter of annual global production of rare earth metals. But then the global financial markets collapsed last year. Both companies lost their financing. Guess who stepped in with new financing? The Chinese, that's who! Mining companies wholly owned by the Chinese government showed up with the cash needed to finish construction of both companies' mines and ore processing factories. In exchange, the Chinese companies received 51.7 percent of Lynas and 25 percent of Arafura. And that's not all. . . Remember when Chinese oil company CNOOC tried to buy U.S.-based Unocal a few years ago? Unocal owns is the Mountain Pass mine, a potentially rich rare earth mine in California. China's Unocal bid fell through, and Chevron bought the company instead. Who shows up at Chevron's doorstep but the Chinese, cash in hand, asking Chevron to sell them the Mountain Pass mine separately from Unocal. Instead, Chevron sold the mine to Molycorp Minerals, a private American group, which plans to reopen the mine by 2012. Rare earth stocks are rallying . . . and will continue to rally for years to come. My research team will be releasing a report on the investment opportunities in this tight space. But if you want to play rare earth metals now, you can play my favorite junior mining stock: Argentex (AGXM - OTCBB). I recommended Argentex nine months ago. . . and the stock has done nothing but go up for my readers. Argentex has a potentially significant indium resource. . . but this past Monday, the company released its silver estimate that blew away its original estimate. Argentex's first-ever Pinguino mineral resource estimate yielded 180 million ounces of silver equivalent. Argentex announced the completion of the first-ever mineral resource estimate for Pinguino, the company's 100%-owned polymetallic property in Argentina's Santa Cruz province. The mineral resource estimate reports 180 million ounces of silver equivalent in the inferred and indicated categories. Specifically, the inferred resource of 35.4 million tonnes is estimated to contain 141,600,000 ounces of silver equivalent. The indicated resource of 7.3 million tonnes is estimated to contain an additional 40,150,000 ounces of silver equivalent. Mineralization at Pinguino remains open in all directions and only 15 of more than 47 veins mapped on the property have been tested by drilling. There is excellent geological potential for the delineation of additional mineralization, which would be reported and modeled to increase and upgrade the resource estimate. I had a chance to talk to Ken Hicks (no relation), CEO of Argentex, on Monday. His exact words to me were, "We've just scratched the surface. Less than 10% of our Pinguino property has been worked on. This is huge. . . we have a lot of work to do. . . " Argentex is going to $2 a share by the start of 2010. Buy it on the dips. Rock it out, Brian Comment on / Rate this Article Market Indices Dow $9,795.11 111.70 Nasdaq $2,130.87 28.23 S&P 500 $1,067.77 15.14 Russell 2000 $614.99 10.15 NYSE $7,031.17 114.10 -------------------------------------------------------------------------------- Gold Profits from Government Corruption Bailouts, stimulus plans, rescue packages... whatever they call them, the result is inflation, and the rapid draining of value of the dollars in your wallet. Meanwhile, gold - which can't be printed like Monopoly money - will only continue to appreciate as the Feds continue to dole out corporate welfare. Fortunately for us, there's a new investment phenomenon that our resident precious metal expert calls "gold's doubling effect," which gives investors 2x gold's daily gains. In other words, you make $2 every time gold goes up $1. To learn how to take part in this incredible opportunit

 

I can not imagine only 2.9 % of  chinese population own vehicles. Plenty of rooms for improvement for china car industry.

starlene      ( Date: 17-Sep-2009 09:40) Posted: Not bad today all done at 16cts. Why China's Car Market is the Holy Grail By Brian Hicks | Wednesday, September 16th, 2009 As you read this, the future of transportation is taking place in a convention hall in Frankfurt, Germany. It's called the Frankfurt Motor Show. . . and insider reports indicate electric cars are taking over the world like an army of robots, hell-bent on revenge against their flesh masters. Every company represented at the show is featuring their version of an electric/hybrid automobile. Even high-end brands like Porsche and Ferrari are going electric. Advertisement North Dakota's Recession-Proof Secret It has the country's lowest unemployment rate, a budget surplus of $1.2 billion, and more than 9,000 unfilled jobs. Yet something even bigger is brewing in the suddenly booming state of North Dakota... And it's handing investors the easiest gains of their lives -- to the tune of 115%, 128%, 96% and 55%. Learn how to get in on N.D.'s best-kept secret -- starting today -- in our just-published report. -------------------------------------------------------------------------------- But while SAAB, BMW, and Mercedes size-up each others' electric motor, the Chinese are the ones that are the talk of the show. The bottom line: China's car market is the Holy Grail. While the U.S. and European dealers have to create tempting incentive plans to get cars off their lots, Chinese dealerships literally have waiting lists of customers who want to buy cars and are willing to take a spot in the queue. The potential numbers are mind-boggling. In China, only 2.9% of the population owns cars. That's only about 38 million cars on the streets of China's cities and villages. Compare that to the United States, where 238 million vehicles are on the road. Catch my drift now? The growth in China is going to be awesome. According to a Wall Street Journal article on September 9: China's auto industry continued to post strong growth, with sales of passenger vehicles rising 90% in August. Passenger-vehicle sales in China rose to 858,300 units in August, up 90% from a year earlier, the China Association of Automobile Manufacturers said in a statement Tuesday. China's overall auto sales rose 82% in August to 1.14 million units. Mr. Liu said he expects sales of small cars to continue to outperform the industry. . . "Customers right now are becoming younger," he said. They only need and can only afford smaller cars, he said. As the breakneck pace in sales growth eases, it will help to spur consolidation in China's auto industry, which currently has more than a hundred vehicle manufacturers, Mr. Liu said. You read that correctly. . . 100 different car manufacturers! And this brings me now to draw readers' attention to the real opportunity from this electric car bull market: rare earth metals. Rare earth metals are vital in the clean energy markets of electric batteries for cars, solar panels, wind turbines. . . even weapons! Metals like neodymium, indium, lithium, dysprosium, and terbium are essential to green energy technologies. Without these metals, there would be no Toyota Prius. According to Jack Lifton, a commodities analyst and leading authority on rare metals, "The Prius automobile is the biggest user of rare earths of any object in the world." How much are we talking? Lifton says there is 1 kilogram (2.2 lb) of neodymium in the Prius hybrid's electric motor between 10 and 15 kg (22-33 lb) of lanthanum in the car's battery pack. Those figures would likely rise if the car were fitted with a larger battery pack and motor for higher fuel efficiency. And guess what? China accounts for 97% of global production and about 60% of consumption of rare earth metals. In a recent article titled "China's Plan to Dominate Rare Earth Metals," Sean Brodrick writes: China plans to curb its exports of the metals. China has announced that export quotas for the first half of 2009 are being reduced by approximately 34% over the same period last year. Not surprisingly, Toyota is said to be searching for additional suppliers of these materials outside China. But it might not help. You see, the Chinese are on a buying binge for rare earth properties. According to Brodrick. . . Two Australian companies, Lynas Corp. and Arafura Resources, are planning to open mines in the next couple years that have combined production equal to a quarter of annual global production of rare earth metals. But then the global financial markets collapsed last year. Both companies lost their financing. Guess who stepped in with new financing? The Chinese, that's who! Mining companies wholly owned by the Chinese government showed up with the cash needed to finish construction of both companies' mines and ore processing factories. In exchange, the Chinese companies received 51.7 percent of Lynas and 25 percent of Arafura. And that's not all. . . Remember when Chinese oil company CNOOC tried to buy U.S.-based Unocal a few years ago? Unocal owns is the Mountain Pass mine, a potentially rich rare earth mine in California. China's Unocal bid fell through, and Chevron bought the company instead. Who shows up at Chevron's doorstep but the Chinese, cash in hand, asking Chevron to sell them the Mountain Pass mine separately from Unocal. Instead, Chevron sold the mine to Molycorp Minerals, a private American group, which plans to reopen the mine by 2012. Rare earth stocks are rallying . . . and will continue to rally for years to come. My research team will be releasing a report on the investment opportunities in this tight space. But if you want to play rare earth metals now, you can play my favorite junior mining stock: Argentex (AGXM - OTCBB). I recommended Argentex nine months ago. . . and the stock has done nothing but go up for my readers. Argentex has a potentially significant indium resource. . . but this past Monday, the company released its silver estimate that blew away its original estimate. Argentex's first-ever Pinguino mineral resource estimate yielded 180 million ounces of silver equivalent. Argentex announced the completion of the first-ever mineral resource estimate for Pinguino, the company's 100%-owned polymetallic property in Argentina's Santa Cruz province. The mineral resource estimate reports 180 million ounces of silver equivalent in the inferred and indicated categories. Specifically, the inferred resource of 35.4 million tonnes is estimated to contain 141,600,000 ounces of silver equivalent. The indicated resource of 7.3 million tonnes is estimated to contain an additional 40,150,000 ounces of silver equivalent. Mineralization at Pinguino remains open in all directions and only 15 of more than 47 veins mapped on the property have been tested by drilling. There is excellent geological potential for the delineation of additional mineralization, which would be reported and modeled to increase and upgrade the resource estimate. I had a chance to talk to Ken Hicks (no relation), CEO of Argentex, on Monday. His exact words to me were, "We've just scratched the surface. Less than 10% of our Pinguino property has been worked on. This is huge. . . we have a lot of work to do. . . " Argentex is going to $2 a share by the start of 2010. Buy it on the dips. Rock it out, Brian Comment on / Rate this Article Market Indices Dow $9,795.11 111.70 Nasdaq $2,130.87 28.23 S&P 500 $1,067.77 15.14 Russell 2000 $614.99 10.15 NYSE $7,031.17 114.10 -------------------------------------------------------------------------------- Gold Profits from Government Corruption Bailouts, stimulus plans, rescue packages... whatever they call them, the result is inflation, and the rapid draining of value of the dollars in your wallet. Meanwhile, gold - which can't be printed like Monopoly money - will only continue to appreciate as the Feds continue to dole out corporate welfare. Fortunately for us, there's a new investment phenomenon that our resident precious metal expert calls "gold's doubling effect," which gives investors 2x gold's daily gains. In other words, you make $2 every time gold goes up $1. To learn how to take part in this incredible opportunit

 

Not bad today all done at 16cts.


Why China's Car Market is the Holy Grail
By Brian Hicks | Wednesday, September 16th, 2009


As you read this, the future of transportation is taking place in a convention hall in Frankfurt, Germany.

It's called the Frankfurt Motor Show. . . and insider reports indicate electric cars are taking over the world like an army of robots, hell-bent on revenge against their flesh masters.

Every company represented at the show is featuring their version of an electric/hybrid automobile. Even high-end brands like Porsche and Ferrari are going electric.


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But while SAAB, BMW, and Mercedes size-up each others' electric motor, the Chinese are the ones that are the talk of the show.

The bottom line: China's car market is the Holy Grail.

While the U.S. and European dealers have to create tempting incentive plans to get cars off their lots, Chinese dealerships literally have waiting lists of customers who want to buy cars and are willing to take a spot in the queue.

The potential numbers are mind-boggling.

In China, only 2.9% of the population owns cars. That's only about 38 million cars on the streets of China's cities and villages.

Compare that to the United States, where 238 million vehicles are on the road.

Catch my drift now?

The growth in China is going to be awesome.

According to a Wall Street Journal article on September 9:

China's auto industry continued to post strong growth, with sales of passenger vehicles rising 90% in August.

Passenger-vehicle sales in China rose to 858,300 units in August, up 90% from a year earlier, the China Association of Automobile Manufacturers said in a statement Tuesday. China's overall auto sales rose 82% in August to 1.14 million units.

Mr. Liu said he expects sales of small cars to continue to outperform the industry. . . "Customers right now are becoming younger," he said. They only need and can only afford smaller cars, he said.

As the breakneck pace in sales growth eases, it will help to spur consolidation in China's auto industry, which currently has more than a hundred vehicle manufacturers, Mr. Liu said.



You read that correctly. . . 100 different car manufacturers!

And this brings me now to draw readers' attention to the real opportunity from this electric car bull market: rare earth metals.

Rare earth metals are vital in the clean energy markets of electric batteries for cars, solar panels, wind turbines. . . even weapons!

Metals like neodymium, indium, lithium, dysprosium, and terbium are essential to green energy technologies.

Without these metals, there would be no Toyota Prius.

According to Jack Lifton, a commodities analyst and leading authority on rare metals, "The Prius automobile is the biggest user of rare earths of any object in the world."


How much are we talking?

Lifton says there is 1 kilogram (2.2 lb) of neodymium in the Prius hybrid's electric motor between 10 and 15 kg (22-33 lb) of lanthanum in the car's battery pack. Those figures would likely rise if the car were fitted with a larger battery pack and motor for higher fuel efficiency.

And guess what? China accounts for 97% of global production and about 60% of consumption of rare earth metals.

In a recent article titled "China's Plan to Dominate Rare Earth Metals," Sean Brodrick writes:

China plans to curb its exports of the metals. China has announced that export quotas for the first half of 2009 are being reduced by approximately 34% over the same period last year.

Not surprisingly, Toyota is said to be searching for additional suppliers of these materials outside China.

But it might not help. You see, the Chinese are on a buying binge for rare earth properties.

According to Brodrick. . .

Two Australian companies, Lynas Corp. and Arafura Resources, are planning to open mines in the next couple years that have combined production equal to a quarter of annual global production of rare earth metals.

But then the global financial markets collapsed last year. Both companies lost their financing. Guess who stepped in with new financing?

The Chinese, that's who!

Mining companies wholly owned by the Chinese government showed up with the cash needed to finish construction of both companies' mines and ore processing factories. In exchange, the Chinese companies received 51.7 percent of Lynas and 25 percent of Arafura.

And that's not all. . . Remember when Chinese oil company CNOOC tried to buy U.S.-based Unocal a few years ago? Unocal owns is the Mountain Pass mine, a potentially rich rare earth mine in California.

China's Unocal bid fell through, and Chevron bought the company instead. Who shows up at Chevron's doorstep but the Chinese, cash in hand, asking Chevron to sell them the Mountain Pass mine separately from Unocal.

Instead, Chevron sold the mine to Molycorp Minerals, a private American group, which plans to reopen the mine by 2012.

Rare earth stocks are rallying . . . and will continue to rally for years to come.

My research team will be releasing a report on the investment opportunities in this tight space.

But if you want to play rare earth metals now, you can play my favorite junior mining stock: Argentex (AGXM - OTCBB).

I recommended Argentex nine months ago. . . and the stock has done nothing but go up for my readers.

Argentex has a potentially significant indium resource. . . but this past Monday, the company released its silver estimate that blew away its original estimate.



Argentex's first-ever Pinguino mineral resource estimate yielded 180 million ounces of silver equivalent.

Argentex announced the completion of the first-ever mineral resource estimate for Pinguino, the company's 100%-owned polymetallic property in Argentina's Santa Cruz province.

The mineral resource estimate reports 180 million ounces of silver equivalent in the inferred and indicated categories. Specifically, the inferred resource of 35.4 million tonnes is estimated to contain 141,600,000 ounces of silver equivalent. The indicated resource of 7.3 million tonnes is estimated to contain an additional 40,150,000 ounces of silver equivalent.

Mineralization at Pinguino remains open in all directions and only 15 of more than 47 veins mapped on the property have been tested by drilling. There is excellent geological potential for the delineation of additional mineralization, which would be reported and modeled to increase and upgrade the resource estimate.

I had a chance to talk to Ken Hicks (no relation), CEO of Argentex, on Monday. His exact words to me were, "We've just scratched the surface. Less than 10% of our Pinguino property has been worked on. This is huge. . . we have a lot of work to do. . . "

Argentex is going to $2 a share by the start of 2010. Buy it on the dips.

Rock it out,



Brian

Comment on / Rate this Article


Market Indices

Dow $9,795.11 111.70
Nasdaq $2,130.87 28.23
S&P 500 $1,067.77 15.14
Russell 2000 $614.99 10.15
NYSE $7,031.17 114.10


--------------------------------------------------------------------------------

Gold Profits from Government Corruption

Bailouts, stimulus plans, rescue packages... whatever they call them, the result is inflation, and the rapid draining of value of the dollars in your wallet.

Meanwhile, gold - which can't be printed like Monopoly money - will only continue to appreciate as the Feds continue to dole out corporate welfare.

Fortunately for us, there's a new investment phenomenon that our resident precious metal expert calls "gold's doubling effect," which gives investors 2x gold's daily gains. In other words, you make $2 every time gold goes up $1.

To learn how to take part in this incredible opportunit

 

Wed Sep 16, 2009 2:07 pm    Post subject:
QBEC wrote: 5222 BUY queue at $0.155. Isn't this a wake up call ?? This not not any kanna sai counter Yeah later 4.2 mil Buy Q,then 2.7mil buy Q at 15.5cts looks like someone trying to push up again after collecting enough.The CEO Rudolph a Schlais Jr sold 455,000 and 138,000 shares on Sept 7 and 8 respectively probably to raise some cash for personal reasons ,not a cause for concern, Now last done at 16cts liao

 

may be a 2nd chance

starlene      ( Date: 13-Sep-2009 22:34) Posted: Run up from 8.5cts to 10-11..to 13-15,to 16-17,18-19.5cts quite spectular already....need to consolidate but if hold for longer time I think shd be able to make $$$,as boom in auto industry in PRC and in US the slide has been arrested

 

Run up from 8.5cts to 10-11..to 13-15,to 16-17,18-19.5cts quite spectular already....need to consolidate but if hold for longer time I think shd be able to make $$$,as boom in auto industry in PRC and in US the slide has been arrested