Ask yourself what is the upside even if there is MGO? RM5.50. Current price is RM5.40++....why bother wait for MGO? Downside is greater if DRB gets an exemption for MGO...by then you'll regret for not selling earlier. Sell now and enjoy your profit during CNY. 50k shares of Proton is worth a lot of $$.
Proton admission to producing substandard cars for the local market comes on the back of a decision to begin to introduce all its new models to international standards. Good decision, but is this not a tad late?
when we talk about an ordinary car, it is just a car. Actually with Proton facilities, it consider one of the best car factory in Malaysia. Unfortunately, it had become the poorest in term of brand equity. The root cause to be blamed should be the management board of Proton. For whom deal with Proton before, certainly they know how they "works". The best words to describe Proton is arrogant and ignorance. Really sorry to say....
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
paklong9877
6 posts
Posted by paklong9877 > 2011-07-20 09:50 | Report Abuse
what has happenned to proton? The lowest drop today/