I was a little confused this past week when I was hearing the date of October 14th being the date for a decision to be announced by the NDRC as I didn’t know where that date had come from. Well, the day has come and gone for some and no decision. A bit of internal news from Saab was posted on Inside Saab by Swade about that date and what this does or doesn’t mean.
“Many have highlighted October 14 as a possible date when the NDRC would take its decision regarding Saab’s planned business agreements with Pang Da and Youngman. For third parties it is not possible to know exactly when authorities like the NDRC will take their decisions.
The reason for October 14 spreading the way it has, is an early assumption made by Saab in court documents, based on general process information that Pang Da and Youngman received from the NDRC. The fact that we didn’t receive any decision from the NDRC today has no bearing on the decision process in its entirety and is not something from which we should draw any conclusions.
Pang Da and Youngman are very committed to making our partnership a success as proven by yesterday’s announcement regarding the first payments under our bridge financing agreement with Youngman.”
My take on all of this is simply that, no news is really just no news. People have speculated and called it “reporting” about what is happening for too long and sometimes those speculations/reports have resulted in some serious negative ways with stock and sales. I would strongly suggest to anyone following the Saab story to hang tight, keep calm and wait for the real news. Saab has some very interested partners that are taking some serious gambles themselves to ensure that Saab has a bright future.