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Follow-Up: China Yuchai International Ltd. (CYD)

CYD was recommended by The Complete Investor at $18.34 in Investment Digest issue 679, dated September 15, 2010.

“We’re selling China Yuchai International Ltd. (CYD), [which has] proven to be a disappointing value trap: cheap on paper but unable to translate that into profits for shareholders. ... The heavy-duty diesel engine market remains a challenge for...

CYD was recommended by The Complete Investor at $18.34 in Investment Digest issue 679, dated September 15, 2010.

“We’re selling China Yuchai International Ltd. (CYD), [which has] proven to be a disappointing value trap: cheap on paper but unable to translate that into profits for shareholders. ... The heavy-duty diesel engine market remains a challenge for the company. With margins under pressure, we have our doubts about the stock’s ability to make significant headway in the coming months, despite its low valuations.”

- Stephen Leeb, The Complete Investor, August 2012