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Kandi Technolgies Group, Inc. Message Board

corstrat 2 posts  |  Last Activity: Oct 16, 2014 9:21 AM Member since: Aug 9, 2002
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  • Reminder $KNDI usually ends the day much better when it starts out down for the day.

    And this morning;

    NO World Event will alter China's course to support and expand EV's.Well funded $KNDI will prosper irrespective of other World events

    BTW, The Shanghai SE is trading within 1% of its 20 month high and 60% below its 2007 all time high. Obviously China Investors are not aware their economy is in as bad a shape as the Western "Talking Heads" are trying to make us all believe.

    Sentiment: Strong Buy

  • corstrat corstrat Aug 1, 2014 8:58 AM Flag

    I can confirm this is what Mr. Hu told me in Hangzhou last Sept. at lunch with our entourage when I asked him the service life he expected from the rental and leased EV's. His rationale was: The existing subsidy program still has residual payments made on/or on behalf of the rental EV's four three years. He also expected there to be a continuation of some sort of subsidy program at least through the end of the decade. With this in mind, he felt it made more sense to (using his words) "recycle the cars by crushing and reusing the raw materiel's", rather than worrying about providing maintenance of older vehicles.

    Sentiment: Strong Buy

KNDI
12.86-0.23(-1.76%)Oct 22 4:00 PMEDT

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