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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?
$BAUTO (5248.MY)$
$BAUTO (5248.MY)$
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Will the listing of the subsidiary company affect future profits? Today's share price has fallen below RM1.00. $PANTECH (5125.MY)$
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Jinwei Holdings was once a popular growth dividend stock. Its performance declined almost every quarter after the Russian-Ukrainian war began. The recent turnover and net profit are even more worrisome. It is even more worrisome that it will take some time to recover to its former glory $CHINWEL (5007.MY)$
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South Korea's largest logistics company CJ acquired about 30% of the equity of CENTURY at 1.45 per share, becoming the largest shareholder. After that, the stock price continued to decline. Is it due to the overall environment or management issues? Recently, there are signs of rebound in the stock price under the blessing of the crisis, but it seems to be short-lived. $CJCEN (7117.MY)$
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