Unconfirmed reports mentioning that something is brewing in the company which is related to new business opportunities..maybe a JV in hybrid or electric vehicle batteries...
Let's wait and see...if this is true, will skyrocket...haha..:)
XQbigboss, any idea when they will be announcing any deal? I see that the company divested some assets and 1Q profit is over 9 million. Are they preparing this capital for the JV investment? Something is brewing..
I think once the announcement in the JV is announced, it will definitely skyrocket..
Tell us more! Tell us more!...we need concrete first hand news..fast fast!! :)
MEng Geh, yes...many shark here. As long as not contra, I think will be ok..
GPA stopped their battery manufacturing business in late 2015 and they are only focusing on distribution of imported maintenance free batteries for now...and business is going really well. Approximately 40% of conventional cars have now changed to these batteries...and expanding..
About JV, it seems it could be something related to battery recycling with partnership..in Malaysia, lead battery recycling is saturated. Too many companies doing this to recover lead...such as Yokohama.
But, for Li-On batteries....ah ha...this is the golden goose...also in hybrid batteries, lots of rare earth materials...recovery of these materials will mean 'positive' cashflow...you agree?
Imagine...if a JV is formed with a chinese company to recover rare earths from batteries...:)
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....
richman
10,110 posts
Posted by richman > 2016-06-21 11:02 | Report Abuse
gpa-w got opportunity now buy and hold at 3 cts what you can afford. the mum is strong and will move up soon