So I Talked To My College Friend From India Yesterday...
some of us here need to get off our bum and start researching what the opinion of ttm is by actual people in india. What is a good way to find a newspaper or article about if what this guys friend said is true. I pray it is. I will start googling now....and you guys?
Oh yeah, and for the guy who needed to make fun of a guys spelling, I myself am QUITE EDUCATED BUT i CANT TYPE FOR SPIT. DO NOT CONFUSE THE TWO!!!!
BEEB, IF YOU ARE RIGHT...I will be selling 1/3 of my mothers retirement portfolio to slowly leg into this puppy. If you are right, this is a $50 stock in max 18 months. In fact LET US ALL PRAY....every night before we go to sleep that they know who to pay off in the usa to put a huge dent in this market. Would love to see big money get behind them with lobbying power, take a major stake in the co., and give Ford and GM and even toyota a run for their money. Sooooo many poor people would buy that car here. Hell.....Id buy a 2500 dollar car here! as long as i didnt have to get out and push it! Many college kids would get one as a present from their parents tyo drive to school. Millions all over the world! Jeez, im salivating already.
There's over a billion people in India. About 500 million households. If you can get a mere 10% to buy a Nano, then that's 50 Million.
If you ramped up production to 1 Million per year, you still aren't anywhere close to meeting demand just in India alone. The new Nano factory that starts up next month will only bring us up to 400,000 per year including the other smaller factory.
They will for certain announce another factory project in 2010. (maybe even going back to Singur)
Additionally, they will sell small franchise rights to other companies to produce more too. This has already been announced.
We're still on the very begining wave of all of this!