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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....
Posted by Speedy Boy > 2018-10-06 12:51 | Report Abuse
Okay, like Mr Koon always remind us, if it makes business sense then go ahead! Nowadays, Samsung no longer lead in producing latest innovative smartphones! Do you know why! Because Samsung is pouring all their money in producing superior parts! Even the bad parts are sold to other smartphone brands! No wastage at all! This is why Samsung continues to make tons of money! Likewise, South Korea also lead in electric car revolution! LG is world leader in lithium battery technology! Tesla get batteries from LG! And so do many electric car manufacturers! Eventually, South Korea do come out with their own electric car but the cost of producing their are much cheaper because the are source from the same parts which are sold to other manufacturers! I don't mind Malaysia coming out with our own electric car! But you must first become world exporters of electric car parts! If Malaysia become centre of electric car parts, eventually you can plug and play all this parts into our very own whole electric car! This is the best cost effective way to go! You don't produce the whole electric car first and force locals to buy them! It doesn't make business sense at all! Mahathir need to understand, business is business! You don't jump into a new venture not back by establish partners! Do you know Tesla got their technology from Toyota! That huge floor battery pack technology didn't came from Elon Musk! Toyota had this technology for a decade, just that Toyota don't dare to produce their own fully electric car! Tesla capitalized on Toyota technology! Tesla also capitalized on Panasonic superior battery chemistry! By combining Toyota and Panasonic, Tesla produce their Tesla S and X! And mind you, Tesla interior came from Mercedes! Tesla S borrow so many parts from others! In short, the new trend is all about producing parts! That's where the margin are!