Let me explain something you don't understand. Look at CISCO. They grew to multibillion dollar by acqusitions. Lots of companies grow by acqusition. Companys buy to grow and expand revenue. Dilution is bad if they do it to use for internal operations. It is good if they use it to make strategic purchases that will increase their revenues.
lets see -
-did china incentives end ? NO..they actually went up with the tax break in Sept. So that would show up in Q3 earnings.
-Is KNDI no longer expanding ? NO..they just got 2 more major pilot cities last 2 months.
-Is EVs no longer hot in China..NO..BYD chairman just said last week traditional autos slowing, but EVs rapid growth.
-Did KNDI slow down ? NO...Last 2 qtrs earnings show they are growing rapidly.
-Is Sept very strong ? YES..as per new articles, due to tax incentives.
-Is Q4 going to be slow ? NO..they need to deliver to Shanghai,Chengdu, Nanjiang, Cyclone, Storm all happening in Q4.
What is the short case here ? Don't really know.
Condi small electric run this month to continue to lead, in 2014 nearly 15,700 have been produced, with production of about 2,500 by the end of 2013, the cumulative production has more than 18,000, it is understood, Hangzhou micro-bus mode and leasing model has promote the use of more than one concern after another city, the model is expected to be replicated in other areas, then, over a period of time, like Condi run such low power with small electric models will be expected to get a larger development, the amount in the future on the basis of these models will also be driven by the follow-up investment and technological progress, ChinaEV believes that such models will likely first to achieve a virtuous cycle of market-oriented, but pay attention to the technical specifications of the establishment of service and quality improvement
They are going to complete with YY and getting into interactive video, music JUST LIKE YY. This is show in their revenue when they report. Forget about dilution. NEW REVENUE STREAMS WILL MAKE MORE THAN MAKE UP FOR IT.
We are extremely confident about our EV business model and we will continue to focus on the execution of our strategic growth plan in China's EV industry."
In past releases I've not see him use such confidence..extremely confident....and like other have said..a chinese ceo is not going to give bad results and come next 2 days to try to woo investors and analysts. He wants analysts coverage, which is why stock is stuck between 12 and 20 all year.
KNDI down 36% since $19 when they announced shelf. They expanded to Naijing, are getting local subsidies. They are expanding to Shanghai, getting local subsidies. Sept prod numbers HUGE at over 6000 for 1 month.
Stock already sold off big, with so much good news stock is attractive. China to announce further programs for EV, and Hongzhou subsidies any time now. Further expansion news could be coming.
Bear case - none. Just praying stock will go down further even after 36% correction.
Is this time to buy or sell ?Bears should be happy with the selloff and get out.
That is a lie..this is what they said -
Question: Now that you have filed your form 20-F, is the Company or Management able to buy stock?
Answer: The trading window remains closed until 48 hours after the report of our quarterly results.
So they can buyback AS SOON as the results are announced.
thoughts ? Its 2.6% higher.
before Carson...But these were not stock sales to public ! These were all acquisitions. Read bout it.
Showself is a real-time online entertainment social platform. Users create and organize groups for self-expression. This is YY in the making !!!!
Yipai provides PC and mobile intelligent interactive advertising services, through the integration of media channels. Earlier in 2014, its daily traffic volume already exceeded 10 million and current advertisers include VIPShop and Taobao.
Yinlong (MusicRadar), another YY in the making.
We are very excited about these businesses and see each individually contributing more to our financials than FL Mobile did in the first year after acquisition."
These are all going to ADD to revenue. Shorts don't understand that. This was not dilution just to get $ for operations. Much better to grow biz with acquisitions that will add revenue.
Once earnings is released, stock will go up $15 easy.
I agree...BABA is not going to 1 trillion market cap soon...but I easily see it hitting 500 billion by 2015 very easily. China just cut interest, so now they are waking up and going to boost economy.
agree..but not sure KNDI will have 35-50% market share in EVs moving foward. It will go down with increased foreign and domestic competition. And don't think 1 billion drivers will drive EV. Adoption is still quite slow.
The growth numbers are not that great...if you go from 1000 cars to 10,000, it is 1000% growth. GREAT ! But the starting point was only 1000.
They said Sept end, but due to golden week it got delayed. It is coming very soon. It was already announced during EV Expo by officials earliest would be end of Sept.
think what we are trying to impress upon everyone was that the numbers we see now for first quarter are at the high-end or higher than the numbers on the street and to let everybody know that while we are usually guiding for the first quarter or that far out, that we are comfortable with numbers coming up and people should understand that there is some upside if we stay as hot as we are.
But I don't want to lead anybody to think there is no upside. We have historically had some January going to December, if we stay that hot. So I would assume if everybody does channel checks and see that we are resonating that well as we go to through Christmas, actually between Thanksgiving and Christmas, people may start to move things into the fourth quarter.
Although I think the upside is significantly higher in the first quarter than that it would be in fourth quarter.
Growth of ALL of these about 40-50%, growth of YY about 100%...all of these valuation way higher than YY.
If YY were a US company, it would be over $120 by now.
Hu will discuss new strategic info that has not been released yet. He will not come all the way here without having something in his back pocket.
 no one is going to buy the small cars. Its like the 'smart' cars in US.
 Chinese are image consious. Its like the NANO in India...real cheap, but failed big time.
 WAY too much competition and better EV cars coming to China.
 WAY too much local competition of EVs in China. Somehow people think KNDI is the only EV company. There are LOTS. Look up list of companies that attend the EV conference in sept.
 Too small to keep going without raising secondary every 3-4 months.
 Their car sharing will be copied in other cities. In fact EV rentals is already common in big cities. Look it up.
guaranteed...they have been very positive on GIMO, but dropped target to $14 in July after they lowered guidance. But now since GIMO has met the original guidance, raised next qtr, showed stabilization and worked out its internal issues, Goldman will raise it back to over $20+
you are seriously asking this question ?? are you not aware the whole market is been selling off...so all stock are down. This is not unique to KNDI. But once earnings come in and they are good, market will rebound and KNDI will go up much faster.
Plus Hu coming 2 dates later...that is a bonus. Hu will not report #$%$ earnings and then come 2 DAYS later to try to woo investors. He needs to show confidence.
so mobile management is doing well. And any positive news out of MS, NQ will go back to 10.