CAAS is a small value stock that makes auto parts in China. Has a good rating on Stockopedia and has some momentum going the past few business days.
Anyone have any thoughts on CAAS?
Anything with a p/e that low is the market saying there is probably something terribly wrong. Whilst I know nothing of this particular company look at "companies" such as Naibu for an understanding of what the market might be considering.
Chinese small cap. listed abroad is high risk. I would not be investing myself, prefer safer investments. How reliable are the figures? It may look good on Stockopedia but then I think some others did also such as Camkids. https://www.ft.com/content/21b5e0d4-66b2-11e5-97d0-1456a776a4f5
You could also read what Anthony Bolton said about chinese companies.
