KNDI The most undervalued stock you never heard of.
KNDI Kandi Technologies Group had annual revenue of $130M with 28.78% growth.
The market capitalization of this company is $211 million. that means it trades at a price to revenue less than two to one ratio. you cannot find another company that trades in the entire United States NASDAQ New York or American exchange at this level. most tech companies trade at 15 to 30 times revenue.
KNDI. The company's been publicly traded for over a decade. the stock has been in the high teens in the past and every year or so on very little volume the stock will go up 3 to 400% in price. they just completed their US distribution Network. as an electric vehicle company it has the lowest valuation of any technology company listed. it trades just two times revenues!
they have 200 million cash in the bank the stock's been in the mid-teens a few years ago it's gradually drifted lower it is completely off the radar of everybody at this point. the company announced a $30 million stock buyback because it is absurdly undervalued again two times revenues SoundHound is trading at 40 times revenues. kndi the company is trading at two times revenues you will never find another company that inexpensive that is in the EV marketplace. they have 200 million Cash money in the Bank. the company is buying back 30 million worth of their stock because it's absurdly undervalued. they just completed in the fourth quarter last year the Us distribution Network. the professional golfer association as in PGA is tied in with the company they will be using their electric vehicles this season. the EV cars they have are being sold in Asia at this point within the United States they also offer EV bikes all-terrain vehicles and that market is growing double digit year over year. the stocks been in the teens before and it's gradually drifted off the radar path over the past. there's enormous upside literally 2 million dollars worth of buys will put the stock at $10.
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Alexandria : Thank you so much for sharing your knowledge
10baggerbamm OP : you're quite welcome buy the stock there's a lot of upside in my opinion coming
104147372 : So is he worth buying
BelleWeather : Hm, the company looks stressed on brief inspection, struggles with profitability. Also, avg P/S of industry is .7? I’m super wary of Chinese accounting in general - was burned big time by that when I first started. China risk in general is a concern, might be more interested if the spin off and have a few successful quarters.
MonkeyGee : Thanks for bringing this to everyone attention. you are so right that it's an undervalue company on paper. It's like GRAB. It makes billions in revenue with no debt, and people won't buy it. at the end of the day, it's all about the market maker. The stock will trade normal if there is a good market maker behind it to rape the retail traders. But every dog will have its day. only one factor i don't like about KDNI is the negative cashflow. But count me in.
Stock_Drift MonkeyGee : wow, your take on $Grab Holdings (GRAB.US)$ is spot on too!!
MonkeyGee Stock_Drift : There is only one thing that bugs me about GRAB is ARPU (Average Revenue Per User). Take a look at that and let me know what you think.
Stock_Drift MonkeyGee : An increase every year over the last 9 years?
MonkeyGee Stock_Drift : I just think it is ridiculously low given its penetration rate. like this past quarter, they had a major increase in users on the platform, but gross revenue bearly moved. I don't think it's a book issue. because there is a better way to milk the book like most other companies we know using debt. My point is that users and providers might have found some loopholes to milk the company. like using its chat to book a ride, then cancel and pay in cash.