|
waneja
|
 |
« on: February 03, 2012, 03:49:50 PM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
Malaysia's Biggest Investment Forum
|
|
« on: February 03, 2012, 03:49:50 PM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
BeaR
|
|
« Reply #1 on: February 03, 2012, 10:57:34 PM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
cwarrant
|
|
« Reply #2 on: February 05, 2012, 12:58:13 AM » |
|
Selling Lotus alone may have recovered the investment amount paid for Proton..., DRB flying to the sky....    Dr M: Selling Lotus a viable optionTun Dr Mahathir Mohamad, Malaysia's former prime minister, comments on Proton Holdings Bhd after billionaire Syed Mokhtar Al-Bukhary's DRB-HICOM Holdings Bhd agreed to buy a controlling stake from the government. Mahathir, who helped found Proton and remains an adviser, also comments on whether DRB should sell Proton's UK sports-car arm Group Lotus International Ltd. The former premier made these comments in an interview in Kuala Lumpur yesterday. BLOOMBERG On selling Lotus "It is a viable option and I think the new owners of Proton might consider that. But, Lotus is not just a sports-car company. It is an engineering and technology company. It's selling engineering skills to China and helping people going into the industry." Whether Proton's new controlling shareholder DRB-HICOM can make a difference "The man behind DRB-HICOM is a successful entrepreneur. He owns ports and businesses and took over DRB-HICOM from previous owner and has turned it around. "DRB-HICOM was a great failure before. It lost a lot of money before he took it over and has turned it around. It's a profitable company and many foreign automotive companies go to this company and want them to be partners. They assemble Mercedes-Benz cars, Volkswagens and Suzukis. They are financially strong. I am confident. "Of course, they have a lot of borrowings. Nobody is rich with their own money. They are rich with money that they borrow." On whether Proton still needs a global strategic partner "If you go to Italy, small companies can design and build car, so you don't need big companies to be with you. You can go direct to the very companies which the big companies use. "We see big companies are more keen on swallowing us up. We feel we want to be independent. Therefore, we go to the small companies and we can now build and design cars of modern design by working through these small companies." On what's needed to turnaround Proton's fortunes "I think a good management. There is nothing wrong with Proton, but bad management has caused it to come down. "There were times Proton was doing so well. It made so much money it managed to build huge facilities, including a big manufacturing centre costing RM1 billion. These were internally generated funds and not by borrowing from the banks or asking the government for money. It's not usual for any car companies to be able to generate funds internally for expansion. So it's not a failure. "Today, it seems to be in a bad way. Of course, there were things done which should not have been done. For example, they allowed for the import of foreign cars, but these people under-declare and do all kinds of funny things. As a result, these foreign cars push out Proton from the market. So, we understand the problem. We have a chance to recover." Proton's challenges "One time, we had a reserve of RM4 billion, which would able to finance the growth of the future. Unfortunately, due to things done by the wrong management we have lost the cash. "In the automotive business you need a lot of money. Each model, just for the platform requires half a billion ringgit. We need that money. I hope the new investors will provide the money." On whether Malaysia really needs a national car "By itself, a national car is not a need. We could buy cheaper cars by importing them. An automotive industry generates a lot of engineering skills and it can give us a lot of the other businesses. "Now we can manufacture components and produce a lot of other things. People who look at Proton may think of it as a failure, but we think it has helped Malaysia take many steps in the field of engineering." |
|
|
|
|
Logged
|
|
|
|
|
DR ZEUS
|
|
« Reply #3 on: February 05, 2012, 01:15:37 AM » |
|
HUAT !  |
|
|
|
|
Logged
|
|
|
|
|
|
Wizard
Regular Member
 Offline
Posts: 45
Expelliarmus!
|
|
« Reply #5 on: February 07, 2012, 07:16:16 AM » |
|
reuters.com/article/2012/02/06/motor-racing-genii-idUSL4E8D67G220120206
Motor racing-F1 team owners Genii interested in buying Lotus
1:09pm EST
By Alan Baldwin
JEREZ, Spain, Feb 6 (Reuters) - Lotus Formula One team owners Genii Capital would be interested in buying the loss-making Lotus Group from Malaysian parent Proton, chairman Gerard Lopez said on Monday.
"It's a great, great brand," he said of the British-based sportscar company after the presentation of the team's new Renault-engined E20 grand prix car at the Jerez circuit.
"People have said that if there was a good deal to be had we would be interested, which is wrong. I think if there is a way that we think the company can be bought and run successfully, then of course we would be interested.
"We are carrying the brand now on our cars so there is an emotional attachment to it. There is also a belief that a number of things that they are doing are right in terms of cars," added the Luxembourg-based entrepreneur.
Although the former Renault team have been renamed Lotus since last season, Genii now own 100 percent of it and Lotus Group are the title sponsors.
"Overall I think we would show interest if we believed that there is something good that can be done by acquiring that company," said Lopez.
Malaysia's state investment arm Khazanah said last month it was selling its 42.7 percent stake in Proton to conglomerate DRB-Hicom. Media reports have suggested DRB-Hicom is open to selling Lotus Group.
Lopez said his team, who have Finland's 2007 world champion Kimi Raikkonen as one of their drivers, could remain as Lotus even if the sportscar company was sold to someone else.
"Essentially the name is something that we want and can carry over regardless," he said, alluding to his acquisition of the rights to the evocative Team Lotus name. "We were never going to call it Genii F1 team or something like that.
"At this stage what we are is representing Lotus the car company... hopefully that will continue to be the case, if not it's still a very strong brand to carry on."
The original Team Lotus was founded by Colin Chapman, who died in 1982, in the 1950s and became one of the most successful Formula One teams of all time with 79 race victories before folding in 1994.
The sportscar company, which was sold to General Motors in 1986, has been controlled by Proton since 1996. (Reporting by Alan Baldwin, editing by Pritha Sarkar)
|
|
|
|
|
Logged
|
|
|
|
|
|
|
|
|
megatstham
|
|
« Reply #8 on: February 07, 2012, 09:24:49 AM » |
|
Good news ,,,,,
Drb should be up this 2 weeks time
But ,,,,,, it might down
Just be alert ,,,,,
|
|
|
|
|
Logged
|
|
|
|
|
cwarrant
|
|
« Reply #9 on: February 07, 2012, 10:09:01 AM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
observer1
|
|
« Reply #10 on: February 07, 2012, 10:51:57 AM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
|
|
Sharing
|
|
« Reply #12 on: February 07, 2012, 11:28:09 AM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
ahbah
|
|
« Reply #13 on: February 07, 2012, 11:43:38 AM » |
|
Torn Knee ....a garbage kollector ? |
|
|
|
|
Logged
|
|
|
|
|
gainoncelosstwice
|
|
« Reply #14 on: February 07, 2012, 07:46:51 PM » |
|
Torn Knee ....a garbage kollector ?
all garbage will turn to gold with his midas touch.. |
|
|
|
|
Logged
|
|
|
|
GUNNER71
Senior Member
Offline
Posts: 165
As you make $$$, give some to charity.
|
|
« Reply #15 on: February 07, 2012, 08:30:27 PM » |
|
VW in and Lotus will be out most definately. Good play Dr.M
|
|
|
|
|
Logged
|
Its all about the 'SECRET'. I am in control all the time. The system can be beaten if you're patient enough to learn the game
|
|
|
|
opportunist
|
|
« Reply #16 on: February 07, 2012, 09:19:24 PM » |
|
don't be greedy lor..
i think all big shark already start disposing
|
|
|
|
|
Logged
|
|
|
|
|
DR ZEUS
|
|
« Reply #17 on: February 07, 2012, 10:42:49 PM » |
|
Just my guess, tmw DRB mother gap up, open 3.07.. :-)
|
|
|
|
|
Logged
|
|
|
|
|
DR ZEUS
|
|
« Reply #18 on: February 08, 2012, 12:03:01 AM » |
|
DRB TP tomorrow RM3.20 ?
HEHEHEHE...
|
|
|
|
|
Logged
|
|
|
|
|
greed is good
|
|
« Reply #19 on: February 08, 2012, 12:11:43 AM » |
|
don't be greedy lor..
i think all big shark already start disposing
Ikan bilis eating from the shark  |
|
|
|
|
Logged
|
|
|
|
|
|
|
cwarrant
|
|
« Reply #21 on: February 08, 2012, 09:54:07 AM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
DR ZEUS
|
|
« Reply #22 on: February 08, 2012, 09:54:52 AM » |
|
DRB TP tomorrow RM3.20 ?
HEHEHEHE...
RM 3.20 very possible for today |
|
|
|
|
Logged
|
|
|
|
|
aziz8421
|
|
« Reply #23 on: February 08, 2012, 09:55:45 AM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
DR ZEUS
|
|
« Reply #24 on: February 08, 2012, 10:07:20 AM » |
|
YAHOOOOOOOOOOOOOOOOOOOO HUAT AHHHHHHHHHHHHHH !!! |
|
|
|
|
Logged
|
|
|
|
|
Malaysia's Biggest Investment Forum
|
|
« Reply #24 on: February 08, 2012, 10:07:20 AM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
|
|
|
|
ahbah
|
|
« Reply #27 on: February 08, 2012, 11:07:54 AM » |
|
3.18..., another new height...! Everyone here should consider switch to DRB lah...., sure huat one... Nah Sail of See I Am Be oredi set TP of DRB = Rm4.60 |
|
|
|
|
Logged
|
|
|
|
|
DR ZEUS
|
|
« Reply #28 on: February 08, 2012, 11:08:37 AM » |
|
HUAT AHHHHHHHHHHHHHH !!!!!!
I got a strong feeling can reach RM3.30 today !!!
|
|
|
|
|
Logged
|
|
|
|
|
mychinese
|
|
« Reply #29 on: February 08, 2012, 11:09:30 AM » |
|
still hold tight tight the CF, its hard to get a counter every trading day gain atleast rm500 - rm1000
|
|
|
|
|
Logged
|
|
|
|
|
|
|
DR ZEUS
|
|
« Reply #31 on: February 08, 2012, 11:41:09 AM » |
|
Once a while the law of gravity do not apply to certain share..., and it is DRB's turn now... This is what we call a BIG-BULL-RUN.... ;-) |
|
|
|
|
Logged
|
|
|
|
|
|
|
DR ZEUS
|
|
« Reply #33 on: February 08, 2012, 11:54:33 AM » |
|
hohoho..., new height 3.19... Another wave upsurge !! yea ! |
|
|
|
|
Logged
|
|
|
|
|
ahbah
|
|
« Reply #34 on: February 08, 2012, 12:01:20 PM » |
|
Once a while the law of gravity do not apply to certain share..., and it is DRB's turn now... Law of floatation - not law of gravity - apply to DRB lah. |
|
|
|
|
Logged
|
|
|
|
|
|
|
DR ZEUS
|
|
« Reply #36 on: February 08, 2012, 12:26:30 PM » |
|
3.20 will be FINISHED SOON !!!
CHEERS !!
;-)
|
|
|
|
|
Logged
|
|
|
|
|
stonebridge
|
|
« Reply #37 on: February 08, 2012, 01:26:15 PM » |
|
|
|
|
|
|
Logged
|
You will never miss what you never had!
|
|
|
|
DR ZEUS
|
|
« Reply #38 on: February 08, 2012, 02:02:45 PM » |
|
Can DRB hit RM3.30 today ? |
|
|
|
|
Logged
|
|
|
|
|
DR ZEUS
|
|
« Reply #39 on: February 08, 2012, 02:47:27 PM » |
|
3.20 will be FINISHED SOON !!!
CHEERS !!
;-)
|
|
|
|
|
Logged
|
|
|
|
|
|
|
aziz8421
|
|
« Reply #41 on: February 08, 2012, 03:05:15 PM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
|
|
DR ZEUS
|
|
« Reply #43 on: February 08, 2012, 03:13:33 PM » |
|
So SYIOK to ride on this upward trend.. ahhaha..
|
|
|
|
|
Logged
|
|
|
|
|
aziz8421
|
|
« Reply #44 on: February 08, 2012, 03:15:54 PM » |
|
|
|
|
|
|
Logged
|
|
|
|
|
DR ZEUS
|
|
« Reply #45 on: February 08, 2012, 03:16:58 PM » |
|
Better than PROTON.. hahaha.. |
|
|
|
|
Logged
|
|
|
|
|
Small Fry
|
|
« Reply #46 on: February 08, 2012, 03:17:12 PM » |
|
Huat ah....ci bot at 2.5 sen still holding
|
|
|
|
|
Logged
|
|
|
|
|
|
|
DR ZEUS
|
|
« Reply #48 on: February 08, 2012, 03:19:22 PM » |
|
3.25 broken !!! WOW!
|
|
|
|
|
Logged
|
|
|
|
|
crashbandicoot
|
|
« Reply #49 on: February 08, 2012, 03:20:19 PM » |
|
Good to know you all huatting. When I said DRB was confirm getting Proton no one bothered. |
|
|
|
|
Logged
|
SpeculationToday.Blogspot.com - Valuable, Free Investment Advice
Need help or investment advice?
Message me
|
|
|
|
Malaysia's Biggest Investment Forum
|
|
|
|
|
|
Logged
|
|
|
|
|
