Reasons to buy from simple analysis:
1. Flip zone with key structures.
2. Model valuation around 25 based on a research report.
Some news I grabbed from the internet:
Niu, which had previously reported better-than-expected sales volumes for the third quarter, said that revenue in the period rose 36.7% to $135.8 million, well below analyst estimates at $149.3 million. Units sold were up 68% to 250,000, but revenue growth was slower since much of the increase came from the recently introduced lower-priced G0 model. The G0 rollout also led gross margin to fall from 22.2% in the year-ago quarter to 20.9%, but sales and marketing expenses fell in the period, helping the company gain leverage on operating expenses.
Stories I heard from my colleague today:
My colleague passed a flagship store of Niu technology yesterday evening, guess what, full of clients, super crowded. So I perceive this as a positive buy signal.
1. Flip zone with key structures.
2. Model valuation around 25 based on a research report.
Some news I grabbed from the internet:
Niu, which had previously reported better-than-expected sales volumes for the third quarter, said that revenue in the period rose 36.7% to $135.8 million, well below analyst estimates at $149.3 million. Units sold were up 68% to 250,000, but revenue growth was slower since much of the increase came from the recently introduced lower-priced G0 model. The G0 rollout also led gross margin to fall from 22.2% in the year-ago quarter to 20.9%, but sales and marketing expenses fell in the period, helping the company gain leverage on operating expenses.
Stories I heard from my colleague today:
My colleague passed a flagship store of Niu technology yesterday evening, guess what, full of clients, super crowded. So I perceive this as a positive buy signal.
Note
Recently, the Chinese stocks listed in US got serious issues that it might be subjected to delist from the exchange. I stick to my plan and won't hold for too long if market moves on my side.Trade active
Zone works very well!Note
As the holding foreign company accountable act was approved in States, it undermines the Chinese listed companies. So take some profit and go! The overall trend for those companies is delisted in States and go public again in HK.
plan your trade and trade your plan
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
plan your trade and trade your plan
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.