Simple. Because some sophisticated institutional investors know exactly and respond swiftly, smartly and accordingly. More importantly, they know what Toyota in Japan would most likely say. Toyota revealed their down 77% net profit in the first quarter today just after the closing of trading session. The latest closing price today has yet fully reflected the news.
Tomorrow? Heaven knows? JAKARTA, May 10 Asia Pulse - The income of Indonesian holding company PT Astra International (IDX:ASII) is predicted to fall in the second quarter of this year on shrinking contribution from its automotive division. Astra International is the largest automotive company in the country and automotive sector has been the largest contributor to its income. Astra's car production is predicted to shrink 15 per cent on-year in the April-June period on shortage of component supply from its Japanese principals, which had factories out of function by the recent tsunami. On Wed, May 11, 2011 at 2:28 PM, I A <[email protected]> wrote: > > > Lalu kenapa ASII malah melaju kencang hari ini pak? > > ------------------------------ > *From:* positif01 <[email protected]> > *To:* > *Sent:* Wednesday, May 11, 2011 2:07 PM > *Subject:* [jsxpro-saham] Toyota Motor Corp. posted a 77% drop in net > profit in the January-March quarter > > > TOKYO -- Toyota Motor Corp. Wednesday posted a 77% drop in net profit in > the January-March quarter. Its January-March operating profit was ¥46.1 > billion, falling short of analysts' average estimate of ¥94.6 billion, > according to Thomson Reuters. Toyota didn't issue a full-year earnings > outlook as it continued to assess the impact of the March 11 earthquake, > which interrupted its production. It said in a statement that its production > is expected to normalize in stages, starting in June, on global basis, > rather than starting in July in Japan and in August outside Japan as it had > announced last month. > > '+' > > > >
