hc, google this: "Buffett-Backed BYD’s Target Cut by 94% at CLSA on Outlook"
Correct me if I'm wrong, but the twelve month target price per share of 0.41 HKD is less than 0.053 USD at the current exchange rate.
Ouch, that has to hurt.
Yo balt, are you going to ride this one down into the ground or are you going to hit the eject button?
The relevant ticker symbols are: 12211.HK (HKD) and BYDDF (USD)
jad, its hard to get info on byd, how many total shs issued and outstanding ? thanks.
According to Bloomberg's "1211:Hong Kong Key Statistics": 793.10 million.
opps, correction, the relevant ticker symbols are: 1211.HK (HKD) and BYDDF (USD)
For a followup Bloomberg video, google: "Will Buffett's Biggest Chinese Investment Wipe Out"