$BAUTO (5248.MY)$
Automotive is very wide competitor industry
It will not be a short term issue, Malaysia Market will be in correction next year
Analysis down graded
It is also a cyclical stock
They are facing turn around situations

The situation is similar to when TESLA first entered Malaysia. Recently, with PROTON and PERODUA launching electric cars, coupled with performance warnings and ex-dividend dates causing panic selling. Actually, it is expected that there would be a year-on-year and quarter-on-quarter decline. It is unrealistic to expect record highs every quarter, just did not expect the market to be so bearish on a quarter with 0.6 billion in revenue and 40 million in net profit. Do you think it's easy?
$BAUTO (5248.MY)$

$BAUTO (5248.MY)$ I can't stand it anymore.