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 PROTON - VW wow!, It's still on suckers!!

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aba9785
post Mar 31 2007, 10:37 AM

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QUOTE(Drifter @ Mar 31 2007, 10:07 AM)
FDI= Foreign Direct Investment
FDD= Foreign Direct DONATION
*
o..nice
i thought something else

still prefer Proton become something like Perodua
Daihatsu take over the manufacturing side and let locals do the marketing/distribution

if VW can fully control the manufacturing plant in tanjung malim
we can see better quality cars
(no more GLC supplying poor quality parts to Proton)

Better quality car is what Toyota is doing to take 1st spot over GM
inoitu
post Mar 31 2007, 10:49 AM

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Now shares price will drop(some ppl have bought already) buy, when talk is is getting brighter sell lah. Many times already.
kevler
post Mar 31 2007, 11:24 AM

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QUOTE(hypermount @ Mar 30 2007, 05:13 PM)
rclxms.gif  brows.gif  safe to talk now..

wtf is going on man, 2 contradicting statements from 2 ministers..

thought going to scold the gomen for too many leaches and jerung from higher up in the government echelon...it's not always the Proton's fault, people have been barking at the wrong tree.

seems many things happening behind the scene which we're unaware of.

they should come out with the best decision or else....
*
hahaha...u safe dude , for momentarily wink.gif sweat.gif

but why Proton still acting like this ? damned , they should moved on ..not wating for their ruin rclxub.gif
aba9785
post Mar 31 2007, 11:31 AM

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QUOTE(kevler @ Mar 31 2007, 11:24 AM)
hahaha...u safe dude , for momentarily wink.gif  sweat.gif

but why Proton still acting like this ? damned , they should moved on ..not wating for their ruin  rclxub.gif
*
maybe waiting for damage control (from the G) to kick in
then they r safe (for a few more years)
SUSDrifter
post Mar 31 2007, 04:00 PM

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Proton, Malaysia's loss-making carmaker, is all set to be sold to Volkswagen, who are likely to turn it into an Asian production hub. If VW plays its cards right, it might end up controlling Group Lotus as well, since the Norfolk sports car maker was acquired by Proton in 1996.






Proton Holdings Bhd¡¯s share price fell as much as 6.7% or 45 sen to
RM6.20 in early trade on March 30 as investors reacted to news report
that Volkswagen AG (VW) had withdrawn from talks of possible tie-up.

Proton opened at RM6.60, down 5 sen from the previous day¡¯s closing price
of RM6.65. Within the first hour, there were 536,000 shares transacted at
prices ranging from RM6.20 to RM6.65. At 10am, it was trading at RM6.30,
down 35 sen.

Singapore¡¯s Straits Times reported that Volkswagen had called off the
plans for a partnership with loss-making Proton.

On March 28, the government said it might miss its own end-March deadline
to strike a deal with a foreign carmaker for a partnership with Proton.

It was earlier reported the government was in talks with Volkswagen and
General Motors Corporation towards striking a strategic partnership,
including possible equity participation in Proton.

It was also in negotiations with local players such as DRB-Hicom Bhd and
Naza group of companies on how they could play a role in reversing the
fortunes of the loss-making national carmaker
sonic_cd
post Mar 31 2007, 04:11 PM

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QUOTE(Drifter @ Mar 31 2007, 04:00 PM)
Proton, Malaysia's loss-making carmaker, is all set to be sold to Volkswagen, who are likely to turn it into an Asian production hub. If VW plays its cards right, it might end up controlling Group Lotus as well, since the Norfolk sports car maker was acquired by Proton in 1996.
Proton Holdings Bhd¡¯s share price fell as much as 6.7% or 45 sen to
RM6.20 in early trade on March 30 as investors reacted to news report
that Volkswagen AG (VW) had withdrawn from talks of possible tie-up.

Proton opened at RM6.60, down 5 sen from the previous day¡¯s closing price
of RM6.65. Within the first hour, there were 536,000 shares transacted at
prices ranging from RM6.20 to RM6.65. At 10am, it was trading at RM6.30,
down 35 sen.

Singapore¡¯s Straits Times reported that Volkswagen had called off the
plans for a partnership with loss-making Proton.

On March 28, the government said it might miss its own end-March deadline
to strike a deal with a foreign carmaker for a partnership with Proton.

It was earlier reported the government was in talks with Volkswagen and
General Motors Corporation towards striking a strategic partnership,
including possible equity participation in Proton.

It was also in negotiations with local players such as DRB-Hicom Bhd and
Naza group of companies on how they could play a role in reversing the
fortunes of the loss-making national carmaker
*
angkat from where ?

SUSDrifter
post Mar 31 2007, 06:13 PM

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IA..............
Thrust
post Mar 31 2007, 06:29 PM

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Proton killed itself since day one when they are over protected by the government and does not have the will to improve. I believe they are trying to prove that PROTON are "Daring to Dare" TO FAIL tongue.gif I've asked a few friends and they said that they won't be purchasing another PROTON.

Hope VW deal will change our thoughts of PROTON.
SUSDrifter
post Apr 2 2007, 09:07 AM

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proton gave discount of about 10K for the Saga LMST. the step was so successful, it created a 3 months waiting list.

now Proton do the same thing, giving 10K discounts to the Wira 1.5 normal spec as well as Special Edition. the price now are below 40K, which is as much as a Myvi 1.0.

but,

are they worth buying at that kind of price?

Naza also are giving huge discounts for the Sorento CRDI, now selling at 115K. its the cheapest SUV in Malaysia. but is it worth buying
SUSDrifter
post Apr 2 2007, 09:09 AM

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PM to meet Volkswagen over Proton

KUALA LUMPUR: Prime Minister Datuk Seri Abdullah Ahmad Badawi is expected to meet top officials from Volkswagen over the future of national automaker Proton, a senior official said.

"A high-level meeting is expected soon. It is being arranged," the official who is familiar with the talks on a possible tie-up said yesterday.

The official, speaking on condition of anonymity, said the meeting would take place here.

Abdullah has said Malaysia may allow Volkswagen to gain a controlling stake in Proton, a move that would help improve the fortunes of the company.

The planned meeting comes as Malaysia missed a Saturday deadline to name a strategic partner for Proton, whose controlling shareholder is state investment arm Khazanah Nasional, which holds a 42.7% stake. - AFP

http://www.thestar.com.my/news/story.asp?f...4159&sec=nation
dstl1128
post Apr 2 2007, 10:39 AM

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Share prices up again LOL. What a shame Proton has to use PM to negotiate?!



QUOTE
now Proton do the same thing, giving 10K discounts to the Wira 1.5 normal spec as well as Special Edition. the price now are below 40K, which is as much as a Myvi 1.0.

I might consider man, really. No wait, they should 10k discounts on its new Waja, Gen2 and Neo.
SUSDrifter
post Apr 2 2007, 10:51 AM

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my toilet rosak lar PM
ts1
post Apr 2 2007, 03:04 PM

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papers said Proton still talks to GM

source: theedgedaily
su8aru
post Apr 2 2007, 07:32 PM

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QUOTE(dstl1128 @ Apr 2 2007, 10:39 AM)
Share prices up again LOL. What a shame Proton has to use PM to negotiate?!
*
Proton is our country asset mah.. rclxms.gif

look at tis 30 march news..
Malaysia's Proton sinks on report VW ends talks
car_o_scope
post Apr 2 2007, 08:05 PM

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Aiyo.. Proton missed the March 30th dateline again ah?? Big company cannot make decision on time... doh.gif
Deja Vu
post Apr 2 2007, 08:17 PM

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Its all about d ego...

I wonder what other ppl outside M'sia would think when they noe d PM himself has to step into the Proton-VW negotiations. Mayb it would then be called the "VW-Proton-Pak Lah" talk.

Even d Japanese PM did not meddle anything when Nissan was taken over by Renault.
andyjyneo
post Apr 2 2007, 11:08 PM

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what to do...
proton is our 'filial' child
BooMer86
post Apr 3 2007, 01:03 AM

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proton is spoilt by our G
Hope they sell their car with the price which is equal to its quality..
RM60k for waja is too much.. my dad fren get a new mazda 6 from brunei @ RM65k last time.. and it's so much better in term of quality
the_registered
post Apr 3 2007, 01:11 AM

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Proton is doomed!!!!! Politics should never ever come into this. AAB should not interfeer. I am AAB fan, and now, I hope I'll still be sad.gif Shameful to think, shameful to say shameful to even know cry.gif
su8aru
post Apr 3 2007, 01:14 AM

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QUOTE(BooMer86 @ Apr 3 2007, 01:03 AM)
proton is spoilt by our G
Hope they sell their car with the price which is equal to its quality..
RM60k for waja is too much.. my dad fren get a new mazda 6 from brunei @ RM65k last time.. and it's so much better in term of quality
*
the extra money tat Proton earn will given to the politician or government or bumiputera company which supply parts for them as some income..

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