

Many times already we heard people are saying that Asia is de-coupling from the US. But that activity has never been confirmed. Last week as Dow Jones Industrial, S&P 500 & Nasdaq turned below their 200 day Moving Average, this is the opportunity for Asia markets (includes Malaysian KLCI) to confirm that they’ve de-couple.
If US indexes continue their downtrend and Asia continue their uptrend, the de-coupling is confirmed. Right now, Asia markets are like waiting to break-loose, like a rubber ban, like an underground earth-quake that causes Tsunami.
While this event has yet to happen, let’s wait until mid-December 2007 whereby this event can become a reality.
Next question that we should ask, when US is falling who’ll be the leader that other small markets, like Malaysia, will follow. I guess many will say either Hong Kong or Shanghai.
But these two markets are over-stretch, how?
India Sensex? Well this market is not so reflective to India’s economy, which can also be the next big consumer market. Top 20-30 companies in Sensex already covers about 80% of its market-cap. That is the reason.
So, which market will?
This one very idea came across my mind when i was thinking why Gulf Investor invest in a company engages in the research and development, design of battery management systems for rechargeable energy storage solutions.
My idea is that, Khazanah, as major shareholder in PROTON, request PROTON to strongly tie-up with ETITECH, the battery research house.As we all know, PROTON is very much bleeding now. Though their 're-born baby' (since they've had SAGA as their 'baby' about 20 years ago)PERSONA sales performance maybe on the uptrend, PROTON has to be prepared for the future, if their management is thinking long-term, more than 30 years down the line.
When these two companies tie-up and develop a rechargeable battery for cars, PROTON can compete in the international arena. Whilefor ETITECH, when PROTON "SUCCESSFULLY" launches a green-model which equipped with ETITECH battery, ETITECH brand name will then explode.Business will flow into both companies and it became a WIN-WIN ties.
Therefore, for ETITECH & PROTON management, what say you guys? I know PROTON is in the midst to be taken-over by an international company (VW), but Khazanah, being the largest shareholder, and Government as theowner of Khazanah can stop the National Car company from being taken over.
Khazanah people are brilliant people. So do PROTON people. I wonder why they've never propose such a tie-up before. Instead, GULF people who sees the opportunity and potential in our listed companies...