July 2, 2010

PROTON - Proton downgraded to 'hold'

Stock Name: PROTON
Company Name: PROTON HOLDINGS BHD
Research House: AMMB

Proton Holdings Bhd, a Malaysian automaker, was downgraded to "hold" from "buy" at AmResearch Sdn Bhd on earnings concerns.

Its fair value was cut to RM5 from RM6.30, AmResearch said in a report today. -- Bloomberg

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