I wrote on July $2 Geely is the Beginning only
for data just said 250,000 per year
but today, 175 annonues 250,000 completed till Oct 2009 and ended Dec will be 300,000 vehicles
If I predict 175 can earn RMB 6240 per vehicles
it may be RMB 1872M at the end of 2009, over HKD2151M
HKD 2151 is really a strong cashflow, so 175 said they will spend 1000M for next year investment
What is the current PE ($4.6) =
just 15.5 only.