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Bauto bosses are the business owner do you really think that they are not anxious and cracking their head to earn more for themselves ? Unlike us who are eyeing on share price movement :) I am sure they have better things to do to improve the business instead of let its sink
Most IPO are used by founders as channel to cash out. Monitor for few quarters to see the revenue and profit trend if indeed is worth the salt then buy wouldn’t be too late
（纽约12日综合电）华尔街大行摩根士丹利（大摩）最新报告指出，今年4月，比亚迪以17%市占率高居全球纯电动车市场首位，主要竞争对手特斯拉全球市占率则从去年同期的10.7%大幅剧降至7.9%，退居第四名。……….Tesla not spare from intense competition from China car maker BYD and others therefore Bauto current quarter is in profit is remarkable feat for its faces stiff competition from locally and internationally based companies
In 2020 during Covid lockdown I bought into Bauto at a price of RM1.05, in this 5 years period I had received handsome dividend but also experience the excitement of share price recovering to RM2 and back to RM1. I take it as normal journey for Investing is a journey of up and down and harnessing knowledge, skill and attitude towards a better investor. I still hold Bauto as I believe in the competency of the management team and dividend track record and most importantly via Bauto allow me to stay in the market and experience the investment opportunities that it offers to me. Cheers and may the market forces be with you