Taxi Driver Online

Manganese bronze share price climbs on the back of projected future sales. Personaly I can't see the anticipated sales growth applying to the UK, especially if the EU DDA requirements are implemented which looks more than likely.
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Black taxi cab maker Manganese Bronze accelerated 40p in a thin market to 911p.

Edison says the share price has trebled over the past year and is overvalued on immediate prospects in the UK. But its Chinese joint venture with Geely, which will raise London Taxi output from 3,000 vehicles to more than 20,000 justifies the rating. Its medium-term price target is Pounds 23.

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Maybe their shares have gone up due to the City working out that they will be made for a third of the price in China yet still sold to the mugs in the UK for 30 grand +.

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IDFIMH

Is this an unatributed quote?

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Former taxi driver

It was taken from the Company news section of the online Daily Mail, London, market report column. If you want to read the full report of all companies quoted you can do so by clicking on the following link. However you will find the highlighted quote accurate and my own observations are obvious.

http://finance.comcast.net/stocks/news_ ... S=47455522

Regards

JD

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