China Yuchai International
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     hershy
Member
Username: hershy
Post Number: 1940
Registered: 10-2002
Rating: N/A
Votes: 0
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| | Friday, February 23, 2007 - 06:52 am: |  
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From Yahoo finance:
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited (Yuchai), engages in the manufacture, assembly, and sale of diesel engines in China. It offers medium-sized diesel engines, including 6105 and 6108 engines; heavy-duty diesel engines, including 6112, 6L, and 6M engines; and light-duty 4-series for trucks, buses, and cars. Yuchai also produces diesel power generators, which are primarily used in the construction and mining industries. It distributes its engines directly to auto plants and retailers. As of December 31, 2005, Yuchai operated 31 regional sales offices in the People�s Republic of China. The company was founded in 1951 and is based in Singapore.
(end of quote, what follows is my view
As the Koreans before them, the Chinese will stun the world with cheap motor car exports. Guess who will be right smack in the middle of this ?
Monthly chart for long term view but not much point in going back more than 5 years for a Chinese company.
Drilling down to daily, for a closer look.
Not saying that this will happen this year but the ATH is a conceivable target.
"The safest way to double your money is to fold it over and put it back in your pocket."
http://members.optusnet.com.au/~hershy/
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