I buy in just before results actually as rsi looks attractive and thought car business will inevitably do well in recovery. It was really pleasant to see the nice results.
Brands mentioned in article below, quite a number of them are under DRB arsenal.
Below excerpt from the article about 2021 automotive prospect:
"How then will the market fare this year? Well, while there seems to be no end in sight to the pandemic at this juncture, the MAA is optimistic that the market will rebound in 2021. The association has confidently forecast that the TIV will rise this year by nearly 8% to 570,000 units, with the growth very much aided by the SST exemption that will run until June 30."
The Swedish brand part of the Geely Group – along with Polestar, Lotus, Proton, and Lynk & Co – has vowed to abolish the ol' internal combustion engine by the end of the decade. That’s right, there won't be any ICE-powered Volvos past 2030. https://www.motor1.com/news/491601/2022-volvo-c40-recharge-reveal/
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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....
Value888
623 posts
Posted by Value888 > 2021-02-24 15:33 | Report Abuse
bought. Proton sales up to the roof.