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UnknownUnicorn4000729
Jun 17, 2020 12:34 PM

RNO on discount ? The EU economy got a support of 750 B  Long

RENAULTEuronext

Description

Hi

During the fact that RNO reduced some job places in the company and the NEW CARS drops to 52.3% the company stock is on discount right now in my opinion .
Could be a very good time to invest .
RNO is STRONG CAR MAKER in the Industry .
Comments
aealden
Well, this prediction certainly played out well. Very interested in Renault's prospects. I feel like they are lean and mean at this point and focused on tech / ev in coming years. I feel they are in a great position to pivot. Partnership with WAYMO also positive.
hbarisyilmaz
please need detailed info , of course strong car maker, and french goverment totally supporting own shares company. Rno needs a spark for trend to go up , that spark should bring sector new creative solutions. Waiting for this
UnknownUnicorn4000729
@hbarisyilmaz,
Shares Holders Vanguard , iShares, Fidelity .
Morningstar rating 5 stars . Is high .
RNO is part of CAC40 .
UnknownUnicorn4000729
@hbarisyilmaz,
Most of help package of 5Bilion EUR from France to sustain auto industry will go to RNO as French President Mr.Emmanuel Macron said on 26 May 2020. Buying a car that is fuel efficient or hybrid in France the government will give 5000 EUR and for an electric (car which RNO is producing ) will have a help of 7000 EUR .
News are provided by Dow Jones .
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