$Kandi Technolgies (KNDI.US)$ if you were not on the confere...
$Kandi Technolgies(KNDI.US$ if you were not on the conference call I would strongly encourage you to listen to the transcript it was an hour and 23 minutes long it's probably the longest conference call I've ever been part of and this includes Nvidia. am I surprised there was an Oppenheimer analyst to ask the first phone call so the company is garnishing interest from major Wall Street analysts that is a huge positive
other key points that were notated is the current book value is $5 a share meaning if the company were to cease operations right now and sell everything off it's worth $5 and the stock is trading it $2.40 so there's a 100% double in what the tangible assets in the company are right now including cash versus the stock price.
the company is working with right now a small percentage of Lowe's stores on a nationwide basis and their goal is to be in 1000 stores by the end of this calendar year
kndi is developing what will be a patented EV personal watercraft line which will be an entirely new product to Market and that is coming this year as well
there's significant passion during this conference call that exists with the lack of update information that should be released through news services as I've been saying and the complete failure of the New York investor relations department this is now recognized it is a matter of the conference call and people are aware that current timely news is what investors want on an ongoing updated basis.
the revenue growth as a result of the NFL lowes agreement is going to be significantly increase the balance of this year because of the additional number of Lowe's stores that are going to be coming online selling the candy product line
questions were ask that the company is restricted to about 20,000 shares a day to purchase in the open market why not make a tender offer at $3.90 for the full amount of shares that they want to buy at one time release that to Dow news services they can buy all of the amount of stock that they want to buy right now with a tender offer to anybody that wants to turn it in and that would provide a significant amount of interest to everybody that sees the news announcement existing holders as well as potential shareholders
the company said that they would take that into consideration
there's a very bright future with kndi the NFL agreement is going to provide an enormous revenue boost this year I expect because this agreement is exclusive with Lowe's that they may be in discussion with Home Depot and Major League baseball to provide a comparable Evie line that is exclusive to Home Depot they didn't talk about it but it would not surprise me in the least if this is in the works.
to summarize you need to listen to the call you will hear the passion in the shareholders because they understand how ridiculously low value this is one call or even said what I've been saying there's not a single stock traded on the NASDAQ American or New York that trades at this valuation not a single company.
thank you for your time
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
731Followers
9Following
5753Visitors
Follow
10baggerbammOP : additional follow-up something that I initially omitted a question was asked to what extent are the EV tariffs going to affect any of the vehicles or batteries that are being imported in to the United States from KNDI
the answer is they are not affected at all, it is outside of the scope of everything that they manufacture and import. additionally he said they are looking at building a manufacturing facility within the United States and that is to increase the overall operating efficiency of the company moving forward.
bobokiller : Don't rush to build a part because you'll be heading to that $1.8 spot sooner or later. $1.8 is cheaper than anyone to build.
10baggerbammOP bobokiller: I really have no idea what you're talking about