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China Real Time on BYD

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发表于 5-3-2013 11:22:24 | 只看该作者 回帖奖励 |倒序浏览 |阅读模式
Michael Dunne, Bet on BYD? Revisiting China’s Most Hyped Automaker. China Real Time Report, May 3, 2013.
http://blogs.wsj.com/chinarealti ... st-hyped-automaker/

two consecutive paragraphs:

"And then there are the question marks that always seem to mark Chinese products. BYD ranks 'below industry average' in quality, according to a study by JD Power and Associates. In 2012, BYD watched in dismay as demand for its once ultra-popular F3 compact sedan dropped like a stone amidst complaints about BYD reliability.

"Using standard business metrics, BYD is a risky bet. Many investors have already been burned. The BYD stock traded at $88 a share in 2009, fell to $12 in the darkest days of 2012, and now swings up and down in the $20 range.

My comment:
(a) There is no need to read the rest, which is quite familiar. Problem is, BYD is always intriguing.
(b) The last paragraphs goes, "When the eager American entrepreneur pressed me for a call on BYD, in or out, I paused before asking him a question back: 'How does your luck run when at the craps table in Las Vegas?'”
(i) call (n): "a decision or ruling made by an official of a sports contest <a tough call to make>"
(ii) craps (n; Louisiana French, from French crabs, craps, from English crabs lowest throw at hazard, from plural of crab; First Known Use 1842):
"a gambling game played with two dice"
http://www.merriam-webster.com/dictionary/craps
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