MARKET UPDATES :
Automotive players are expected to introduce new and enhanced versions of existing models next year, including energy-efficient vehicles (EEVs) at very competitive prices.However, uncertainties over the impact of the goods andservices tax (GST), rising living costs and bleak global economic outlook may cause consumers to be careful with their spending, and players expect the sector to soften in the first half of next year.Proton Holdings Bhd CEO Datuk Abdul Harith Abdullah said the company saw a lot of potential in providing models in their respective segments, citing the recently launched Proton Iriz.
STOCK RECOMMENDATION :
BUY SAPURA KENCANA ABOVE 2.410 TARGET 2.470 2.540 SL 2.350
Automotive players are expected to introduce new and enhanced versions of existing models next year, including energy-efficient vehicles (EEVs) at very competitive prices.However, uncertainties over the impact of the goods andservices tax (GST), rising living costs and bleak global economic outlook may cause consumers to be careful with their spending, and players expect the sector to soften in the first half of next year.Proton Holdings Bhd CEO Datuk Abdul Harith Abdullah said the company saw a lot of potential in providing models in their respective segments, citing the recently launched Proton Iriz.
STOCK RECOMMENDATION :
BUY SAPURA KENCANA ABOVE 2.410 TARGET 2.470 2.540 SL 2.350
No comments:
Post a Comment