10baggerbamm
:
KNDI... the stock trades at 1.6 times revenues they are profitable they have 220 million in cash they have 50% year-over-year revenue growth in the United States that market distribution model was just completed in the fourth quarter last year the stock has been over 20 in the past with a fraction of sales right now they have revenues over $120 million the company bought back over $30 million worth of stock in the open market in the first quarter because they view the stock is undervalued. trading at 5 to 10 times revenue which is where the piers trade at in the market where it competes will put the stock at 10:00 conservatively and realistically closer to $20 it needs to be bought. KNDI
10baggerbamm
:
the reason why the stock is going down is their capital expenditure is much higher than what was disclosed they are spending a significant amount more money with the development and roll out of AI integrating throughout their business model and they're buying their chips from one company they're buying everything they can get just like Elon Musk that's why this one company is 100% sold out.
Dc216 : Hi
loving Platypus_2807 : Hi.
Avengers 2023 : Hi
Avengers 2023 : Anyone can explain why this drop so much ?
HON888 : 2024 no more provide guidelines share drop![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Fearless : go back to average
10baggerbamm : KNDI... the stock trades at 1.6 times revenues they are profitable they have 220 million in cash they have 50% year-over-year revenue growth in the United States that market distribution model was just completed in the fourth quarter last year the stock has been over 20 in the past with a fraction of sales right now they have revenues over $120 million the company bought back over $30 million worth of stock in the open market in the first quarter because they view the stock is undervalued. trading at 5 to 10 times revenue which is where the piers trade at in the market where it competes will put the stock at 10:00 conservatively and realistically closer to $20 it needs to be bought. KNDI
R30R : Such is the joke where underperforming shares rise
Avengers 2023 : What should we do now ?
10baggerbamm : the reason why the stock is going down is their capital expenditure is much higher than what was disclosed they are spending a significant amount more money with the development and roll out of AI integrating throughout their business model and they're buying their chips from one company they're buying everything they can get just like Elon Musk that's why this one company is 100% sold out.
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