In Sweden, our carmaker may turn the last lap. If no miracle happens. The situation is so contradictory that I think everything is possible. Pang Since Saab has again assured the support and stands with Lotus Youngman side by side with Saab.
All good ? No, a big Chinese theater takes place in front of us, where all actors play poker. The decision of the NDRC over the Saab entrance is to take place on Friday. Lotus Youngman has filed an application, as well as last Friday, papers from Youngman at the Swedish debt management. Well.
Pang there? No claim has been filed, Pang Quinghua tells Reuters, and thus contradicts Saab CEO Victor Muller, who told Reuters that "On track with both Pangda and Youngman."
Again a misunderstanding or a misinterpretation? Was not there the visit of the evaluation commission on the weekend? The fact is that Pang Da wanted to pass on the majority of his shares to Youngman after the purchase. In the long term you see yourself as a distributor and only interested in the distribution rights.
It's an endless cacophony we hear from Sweden. A fight with very hard bandages and, as many readers say, poker for power and advantage.
Let us make no illusions. Presumably it continues until the last second. Then we either hear a rescue message for Saab or the patient is dead.
And because today is my speculative day, I look again to Amsterdam, to the stock of "Swedish Automobile", ex Spyker. Actually, the stock should go south in these news. Does not she. Currently, we have a course around the 94 cents and it was traded in the morning on 4 million of bills.
Where a seller is, there is also a buyer. One who could already have 10% of shares. Who buys ? As I said, today is my speculative day.