$Lowe's Companies (LOW.US)$ take a look at KNDI. This compan...
$Lowe's Companies (LOW.US)$ take a look at KNDI. This company is Lowe's premier off-road EV company of choice.. they are in just under 300 stores in the United States to be expanded to over a thousand this calendar year.
key points
the company's profitable two quarters back to back
230 million in the bank
20 plus percent revenue growth as a company globally and 50% revenue growth within the United States
the company is buying back stock in the open market with a portion of their savings because they said last quarter their stock is significantly undervalued
the stock trades at 1.5 times revenues
book value is $5 a share, its trading at less than half book value.
they have recently signed an agreement with the NFL and Lowes.
the stock's been over $20 in the past with a fraction of the revenues that it has right now
it has the lowest valuation of any company that's publicly traded on the NASDAQ
fair value of this company were trades at the same forward projected multiples as its peers would put it at 10 to $20 a share
the company for the first time is saying in their most recent release that they will have 500 million in revenue by 2025, that would be up from 122 million currently.
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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