$NIO-SW (09866.HK)$ Nio's is burning through too much cash. ...
$NIO-SW(09866.HK$ Nio's is burning through too much cash. William Li continues to operate Nio as if the economy is booming. Li overspends and misallocates capital toward non-revenue producing projects. I don't have a problem with R&D expenditures. However, spending on a phone and opulent Nio Houses is irresponsible. Historically, Li overspends, runs out of cash, and then dilutes shareholders for more. This has got to stop. Nio's CFO needs to be replaced with a competent CFO who can unlock Nio's true value.
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Mr Dumb Money : Yea run it like Boeing
103484522 : raising cash is easy money, he dnt care about dilution or share holders.he just use money to gamble, lost is investor problem that why institutions dumping with this kind of ceo n mgmt.nio already a dead stock. can buy other stock with good ceo and mgmt .why pple need to burn their cash with this ceo that addicted to burn billion per year and still smiling while investor pant drop.su 7 too fierce can kill onvo and nio so not much hope to turn around