Read below on capacity to produce vehicle in present mode 400,000 cars at $ 11,000 per car is $ 4.4 billion in sales per year.
Now what is profit margin on sales of $ 4.4 billion and, eps, anyone care to venture.
I can guarantee you that valuation of company is not $ 367 million for these types of numbers but more like 10 x this amount, so $ 80 per share stock price is realistic.
Here is details:
Will Kandi Be Able to Produce the Anticipated Demand? Manufacturing Facilities
Currently Kandi has the largest EV manufacturing capabilities in the world. The plant in Jinhua has a 30,000 EV capacity (expandable to 100,000) and the new "state of the art" EV facility in Changxing has a 100,000 capacity expandable to 300,000.
For the life of me I cannot understand day traders who gloat about selling a stock 20 cents higher or lower, which is enough to buy the weekend beer. Why not think a little bigger, for what you think determines who you become. Tell yourself, I want to be a millionaire or multi millionaire on NVAX and my time horizon is a few years out, say 3, max 5.
Then load up on NVAX, mortgage home, get credit cards, credit line and buy not 1,000 shares but something like 50,000 shares or 100,000 shares or 200,000 shares. Take the shares and put them away to collect you million dollar winnings in 3 to 5 years.
Ask yourself, NVAX carries a valuation of $ 490 million at this point, so is this the fair value?
Lets look at what they have
a) RSV Vaccine which can bring $ 1 billion to $ 5 billion per year
b) Matrix-M which all biotechs will certainly begin to use, what is value here, in the billions again.
c) How about Barda and reaching optimization, how much is that worth
When you add this up does it equate to $ 490 million or more something to the tune of $ 4.9 billion or $ 9.8 billion.
If you know this, then what are you trading pennies for. Stop it and you will see stock soar as others scramble to get in. There is huge demand if you see the millions of shares purchased daily so where is the problem, it is not demand, it is the weak longs who become their own worst enemy by putting stop losses and trading for pennies, hence keeping themselves poor as the average joe who needs to work.
Look at RMTI, I had as a stock. It was similar to NVAX, trading for pennies until one big firm was smart enough to see the potential and took a position. The mentality changed on the investors and stock rallied from $ 3.75 to $ 11.80 in less than 2 months. Now what changed? Nothing, the investors demanded more.
So do the same and we will soar, there are only 160 million shares so with such strong volume the turnover rate is perhaps 2 months at most.
a) Car sells at $ 11,000
b) Cost of cost is 75% of a)
c) General and Admin is 50% of gross profit.
Sales of Car per year...........Revenue......................Profit...................Earnings
a) 20,000 units....................$ 220 million...............$ 27 million............74 cents per share
b) 50,000 units.......................550 million...................69 million...........$ 1.85 cents per share
c) 125,000 units..................1.375 million.................172 million..............4.64 cents per share
d) 200,000 units..................2,200 million.................275 million..............7.43 cents per share
e) 300,000 units..................3,300 million.................412 million............11.13 cents per share
f) 400,000 units..................4.400 million.................550 million............14.86 cents per share (AT CAPACITY)
China has 1.3 billion people, even if KNDI gets 2% of the market which is 26 million people, selling 400,000 cars per year, it will take them 65 years.
The numbers are simply awsome, even at 20,000 units.
Take your pick,
Just my honest opinion of course.
The hedge funds are extremely bullish on ETRM and are accumulating the stock before it goes through the roof. It is not easy to buy a few million shares when stock is so illiquid hence an employee is hired under the name of penny_dreaddful to scare a few longs into selling and to refrain a few longs from buying. This is calling bullying or trying to put doubt and does not work since strategy is so obvious. The fact their is bashing means there is some big hedge funds wanting in so it is a very bullish sign.
A person who has no interest in this stock like penny saying he is neither long nor short but fights tooth and nail, searching articles, rebuffing information, posting links, and using so much of his energy means there is a utlerior motive, which is to make hedge funds buy will he tries to hold price down with doubt. It is not working here because shares are limited and those who are holding know it is going to explode. Penny is being fed all documents by hedge funds.
Now with regards to market potential. U.S. is the fattest country in the world and most of these fat people suffer diebetic, hypertension and cardio problems costing billions each year in health care costs. Given U.S. is bankrupt and they have trouble passing budgets the FDA will approve devices which bring down health costs.
When speaking of clincial results, a person with VBLOC lost 25% of their weight and a placebo lost 15%. We know placebo was due to power of the mind, problem is with placebo if this worked constantly then we would put fake device, tell ourselves we will lose weight, believe in it and yes we lose. But over long term people become doubtful and before you know it they are fat again. When looking at VBLOC one sees 25% weight loss even if one returns to doubt and better health with diebetic under control and hypertension.Obtaining just 1/3 of 1% of the market or .003 means 500,000 patients at $ 5,000 per device gives $ 2.5 billion per year in sales.
At the present moment there is 0 risk in buying this stock as speculation phase is about to begin. This stock was $ 4 per share before releasing clinical trials of VBLOC early this year. It plunged when VBLOC did not show superior significance beyond the established 10% amount however it did show statistical significance with P = .002.
Investors at that time had presumed the data was insufficient for FDA approval however ETRM met FDA prior to filing PMA for VBLOC and, FDA disagrees with market judging data to be sufficient for approval.
ETRM filed a PMA application which has statistical significance and great safety benefits.
For me, the selloff was therefore unjustified since FDA is moving ahead with it.
So I would give the following targets:
a) Before FDA Panel $ 4 per share
b) Upon FDA Panel approval $ 7 to $ 8 per share
c) With FDA Stamp over $ 10 per share and possible buyout.
The obesity market is HUGE and government needs all help they can get to reduce $ 147 billion health tab dealing with obese people, even a small dent will save them billions.
Word of caution. Hedge funds are buying into ETRM, loading up in the millions and have hired a paid basher by the name of penny_dreaddful to post doubt so that they do not pay too much for shares.
Soon we will start a tremendous rally as we head into the FDA Panel.
VBLOC targeting multi-million dollar market, just a fraction of this in sales, which is .003 of the total US Market then we have a billion dollar valuation.
I did not appreciate the fact that Lazard puts $ 11 price target and weeks later they are doing a financing of 27 million shares. This is not nice to string people along like this to think there was something material behind the screens when there is none.
Not nice, I lost trust and sold.
This message is to the longs. Why do you bother to respond to paid bashers who have no position in the stock. All it does is trash the message board as you give them credibility for their posts. Most of them don't even know what they are posting and on what company. Today rez you got caught up in name calling and defending your long position. Why do you degrade yourself in that manner. A basher has two motives, either he is short or he is just paid to bash for someone who is short or competition. You can recognize a basher pretty quickly because they all sound the same. They come to the board to create DOUBT, instill FEAR, and spread LIES. They pretend to be concerned for the company or your investment. This is a lie for you did not pay them as your investment counselor and they have no interest in you. So stop the childish back and forth dialogue between true longs and those who are demons doing demonic work. If longs stop then they have to talk to the wall and no effect.
A new investor who comes to this board with intentions of buying this stock does not want to have this trash talk so longs be smart, keep quiet, let bashers be and they will leave.
Leasing is lucratrive business too. Say car is leased 8 hours per day for 30 days at $ 3.25 per hour gives $780 in lease income. Car only costs $ 2k so in 3 months car is paid, who is not going to invest in this. The leasing business is going to explode.
I will address your comments. For starters I have a MATERIAL LONG position and I read about your concerns and why you consider this to be a risky investment. I appreciate your having done your homework and do value negative critical analysis as it does put a certain amount of balance into an analysis. That being said Penny, I have dismissed your concerns as irrelevant since FDA had clearly disagreed without your concerns and has encouraged ETRM to file a PMA for its VBLOC. The FDA is serious about approving this device taking the time to get a panel of doctors to look at it, the FDA Panel.
Now ETRM went to visit FDA prior to filing their PMA. What do you think they discussed? ETRM must have shown them their results, which you are not satisfied with, and told them to go ahead and file.
The market for VBLOC is the U.S.A. where 69% of the people are overweight to obese. VVUS, ARNA and OREX which are pills are all targeting a multi billion dollar market. VBLOC will be different however so it is good for patients to have options.
The USA spends $ 147 billion per year treating these fat people for all sorts of medical problems due to ill health so the FDA is inclined to approve. They approved VVUS pill which is so dangerous because they really need help.
Since you have no position in this stock, it is unfair of you to either pump or bash, since it is really none of your business what I do with my investment and, I did not hire you as my counselor. If you hang around because you are a paid basher then I suggest you find better employment which is good for your soul since being the master of deception is the devils work.
Now I have answered your politely and I think all others on this board agreed, we heard you, thank-up for your comments, but please move on as your points are dismissed as irrelevant.
I am certain you have a terrible and will come to regret it. I will explain so you can understand.
The clinical trial was fully enrolled in December 2011 and the 12th month data was available as of March or April 2013 (1 year results plus 3 months to analyze). The 18th month data was finalized by July 31, 2013 and a few months to analyze brings us to the period where data is to be released to the public.
ETRM has chosen to respect the FDA and will show them the data first instead of catching them off guard, this is prudent and shows great cooperation between FDA and ETRM.
The 18th month data will be primarily an endpoint analysis in the treatment arm, to confirm if the 24.5% EWL at 12 months was kept off or not. For comfort look at a prior where 30 month data showed 25% to 30% EWL maintained twice the period of 18th month requested. So there is no danger with the new pending data.
Question is, why are we not at $ 2. I think part of the reason is company sold 6 million shares or so for ATM financing, which if removed from the market we would be closer to $ 3 and not $ 2. ETRM is being prudent and raising company to keep borrowing ratio's intact.
I expect us to have a huge rally possibly ending up to the $ 12 per share mark by FDA Approval.
Find me another stock which will return 1000% in 6 months if you can....
VBLOC had blockbuster results and let me tell you why the market has not seen it by remaining focused on endpoints.
Lets say a person weighs 500 pounds. The cost to treat this person throughout their whole life from all sorts of complications due to obese weight will total easily between $ 2 million to $ 4 million.
The insurance can be let off the hook of this million dollar payment by having a patient implant a VBLOC device for $ 10,000 plus $ 10,000 hospital stay. The benefit vs risk is clearly very interesting for insurance companies.
On the issue of VBLOC this is all investors need to know regarding the 500 pound person:
a) If he does nothing, he weighs 500 pounds and costs insurance $ 2 to $ 4 million
b) If he puts VBLOC that is inactive (fake) he loses 15% of weight or 75 pounds
c) If he puts VBLOC that is active he loses 25% of weight or 125 pounds.
Now the interesting part is that simply putting VBLOC device on results in EWL body loss of 15% to 25% depending if patient is told fake or real. In either scenario, VBLOC works versus true placebo of doing nothing and losing nothing.
Thanks for your reply.
So if I take your 40,000 projection per year, we are going to earn $ 1.85 per share going forward.
We are therefore trading at 3x earnings, pretty cheap by any standard.
People, go see youtube video on Kandi EV.
I cannot believe this, net cost of buying car $ 2K, if I were to lease it $ 3.25 per hour. At these prices millions upon millions of cars are going to get used as prices are too cheap to ignore. Also swamping one car for another instead of waiting to recharge is great news. Imagine those who went in bicycle now can afford a car and no pollution problem. This stock is going to go through the roof.
VVUS valued at $ 1 billion
ARNA valued at $ 960 million
OREX valued at $ 560 million
ETRM valued at $ 86 million (WILL CRUSH OTHER COMPANIES, HUGE SAFETY PROFILE).
There is not one person in the world who will believe that if you take an obese person, plunk his butt in a chair and give him a fake device, that he will lose weight. If mental power was possible there would be no obese problem. The placebo test should never have been done and it is poor comparatively to treatment arm.
The treatment arm showed a 24.5% weight loss improvement from beginning to end of study at 12 months. The 18 month data will be more robust and will be out shortly.
The FDA has said that they are very favorable to approving device if benefit and safety outweigh risk. This is the case in VBLOC, with 24.5% reduction in weight in obese people, great diabetic and hypertension benefits.
What patients did on placebo is really irrelevant since we know for a fact people cannot lose weight on placebo except for temporary mental power believing they had true device, once they are told device is fake they will remain FAT again however treatment arm will keep weight off.
This is easily APPROVAL FOR FDA PANEL.
So now we know you work for Ardsley Advisors Partners. I guess you do not like Canaccord who is a competitor and put out a $ 3 buy when your client found themselves pants down trying to load up before FDA Advisory Panel.
Too bad you have to lie; you could have said the truth in being a paid basher for Ardsley who is loading up. Probably result would have been the same except you would have saved your soul instead of being damned in HELL for being malicious and trying to hurt people.
Do you really think God will trust you if you can`t be trusted with small things in an illusionary world?
Take this as a lesson, I am on to you, REPENT your sins before it is too late.
There is absolutely no volume at this level at all. When volume dies out like this it is usually a sign that there are no sellers. Buyers come and go, but sellers are usually always there. So if sellers refrain from selling, once buyers come in, we SOAR.
I am looking forward to pending catalysts and see a rally developing shortly.