Subject: Re: BYD financial statements review
I expect the business will do well.
But the chances that minority shareholders share that future in a decent way are too low--it's entirely uninvestable due to jurisdiction. So on to the next ticker.
A brief comment on the business itself--
I imagine they will have little cost advantage if they try to put production in rich-ish countries, so I think most of it will stay close to home and/or such expansion will not be at high rates of return.
Jim