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China Zenix Auto International Limited Message Board

  • bobpaulovich bobpaulovich Apr 17, 2014 10:36 AM Flag

    Valuation of ZX.

    If this deal materializes, I would believe the worst case valuation should be at least $3.50?

    If proposal fails, valuation should be nearer to $5.00.

    One other problem with a failed proposal scenario is that the Chairman can no longer be trusted. It will take time for shareholders to regain any confidence. Longer term, ZX could be a $10+ stock.

    For now, shareholders should not sell at these levels.

    Sentiment: Buy

 
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0.78-0.07(-8.24%)Jul 30 4:00 PMEDT