The text boxes below have been placed in a random order. Reorder the paragraphs.
A. Volkswagen shares trade at about nine times the 2002 estimated earnings, compared to BMW’s 19 and are the second cheapest in the sector.
B. A disastrous capital hike, an expensive foray into truck business and uncertainty about the reason for a share buyback has in recent years left investors bewildered.
C. The main problem with Volkswagen is the past.
D. Despite posting healthy profits, Volkswagen shares trade at a discount to peers due to bad reputation among investors.
E. Many investors have been disappointed and frightened away.