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BYD Sold 50,492 NEVs in July, Up 234% from a Year AgoBYD may supply its "blade battery" to Tesla in the second quarter of next year. BYD's new energy vehicle sales in July were 50,492 units, up 234 percent from a year ago and 22 percent from June. So far this year, BYD has sold 205,071 new energy vehicles, an increase of 170.62 percent over the same period last year, it said in an announcement. BYD sold 50,057 units of new energy passenger vehicles and 435 units of commercial vehicles in July. It sold 24,996 battery electric vehicles and 25,061 plug-in hybrid electric vehicles in July. Li Yunfei, general manager of BYD's passenger vehicle brand and public relations division, said in early June that the company's new energy vehicle sales will surpass Tesla China in June and is expected to become the global new energy vehicle champion within the year. BYD sold 41,366 new energy vehicles in June, up 192 percent from the same month last year and 26 percent from May. By comparison, according to the China Passenger Car Association, Tesla China's wholesale sales in June were 33,155 units, up about 122 percent year-over-year. This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.
OTC:BYDDF
by EqualOcean
NIO Sprints Back into Growth Mode – No Regulatory Risk Thus FarNIO delivered 7,931 vehicles in July 2021, up 124.48% year-on-year, down 2% month-on-month. ● We estimate NIO's 2022 revenue to show the value of the stock. ● The methodology includes a car sales forecast and average selling prices. ● Our evaluation indicates that the stock is currently fairly priced. ● None of the currently acute regulatory risks apply to NIO. Introduction NIO, China's arguably most successful EV startup, saw an incredible performance both business-wise and in the capital market. More investors have joined the camp of those bullish about the electric car maker's prospects. In 2021, NIO has been solidifying a high premium profile in China, launching a new model, the ET7. NIO has also recently started shipping the ES8 to Norway, with global expansion ambitions. This article follows an approach similar to that we used in our latest Xpeng analysis, estimating the value of the stock based on its projected future sales performance. Revenue estimation In this section, we will project NIO's revenue by 2030 and use the 2022 figure to evaluate the stock's current investment potential. The revenue will be calculated by multiplying projected car deliveries with average selling prices. The calculation of whole fleet (including ES6, EC6, ES8 and ET7) sales is based on a top-down methodology. It starts with a forecast of light vehicle sales in China. According to CAAM (link in Chinese), China's light-vehicle sales will hit 22.2 million in 2021. Under an assumption of slowing economic growth affecting the auto market, we estimate the growth rate will decline to 4% gradually. The market will reach 32.6 million in 2030. Speaking of the market share, we assume NIO can reach 2.4% of the total market by 2030. It results from the fact that William Li, the founder of NIO, has aligned the company's goals with those of iconic brands like Mercedes Benz, BMW and Audi. We linearized that number and estimated NIO's 2022 market share and deliveries, which will account for 0.6% and 152,066 units, respectively. To calculate the revenue, we also need to project the average selling price (ASP). Historically, NIO's ASP has been declining as new models have been rolled out. This trend will continue, whereas we think the ASP will remain higher than CNY 300,00 per vehicle. We set a declining rate for ASP calculation, from -2% in 2021 to -0.5% in 2030. The ASP in 2022 will be CNY 328,000. Per this projection, NIO's 2022 vehicle sales will be CNY 50 billion. Apart from car sales, NIO also generates revenue from selling charging facilities and related services, data, insurance and merchandise. These segments have correlated to vehicle sales and shown a faster growth pace. Thus, we project a slightly increasing percentage of revenue from selling them. In 2020, the number was 6%, and we allocated 7% and 9% for 2022 and 2030, respectively. In total, NIO is expected to make CNY 53.5 billion (USD 8 billion) in revenue in 2022. Similar to our Xpeng analysis, we multiplied NIO's PS ratio in 2022 by nine (referring to the Street's average expectations). Its fair market capitalization target is thereby around USD 74 billion. Risks NIO has recently been indirectly involved in the regulatory crackdown-related narrative. We think investors' massive selling may insignificantly hurt the company's business. To specify all the possible risks, we summarize all the incidents concerning Chinese concept stocks within this year. The antitrust and other new regulations are the key obstacle imposed by the central government. Some famous 'victim' cases include Tencent Music's copyrights, Alibaba's 'pick one from two' strategy and Meituan's rider employment and other issues. Obviously, the NEV market in China is still in its infancy (compared with ICE cars). NIO is certainly not a monopoly. Data/cybersecurity concerns are also not suitable for NIO. In early July 2021, it was reported that Didi Global had illegally collected users' personal data. Clearly, the ride-hailing giant possesses huge chunks of users' travel information. However, NIO is also collecting data that seems less significant than important route data handled by legitimate third-party providers like map products of Baidu and the likes of AutoNavi. NIO and its peers won't see anything like what happened to the country's edtech industry either: the central government, which is ''seeking to decrease workloads for students and overhaul a sector that has been 'hijacked by capital,'" is rather interested in the nationwide EV adoption. In short, NIO, much like any local EV maker, is not exposed to these major risks. Apart from regulatory risk, supply chain issues are worth discussing. The issues seem to remain controllable, but investors need to keep eyes on them – the component shortage will be a hot topic in the upcoming Q2 earnings calls. Conclusion Among Chinese concept stocks, NIO is a company with a solid product line, growing sales and great prospects. The stock has gone down and has remained volatile since the beginning of 2021. Suffering from the chip shortage, it is currently fairly priced. And is well set to gain more in the following quarters. For the full article with the charts, please visit the original link.
NYSE:NIOLong
by EqualOcean
1
NIO Delivered 7,931 Vehicles in July, Up 124% Year-over-YearNIO's local counterparts, XPeng Motors and Li Auto delivered 8040, 8589 vehicles, respectively, in July. NIO delivered 7,931 vehicles in July, up 124.48 percent year-over-year and down about 2 percent from June. The deliveries consisted of 1,702 ES8s, 3,669 ES6s, and 2,560 EC6s. NIO has completed the delivery of 49,887 units in 2021, exceeding last year's full-year delivery. NIO's 100kWh battery pack is deploying to every battery swap station and the delivery of the 100kWh battery pack will significantly ramp up in the coming months, the company said. At the same time, the first batch of ES8 for user delivery has been officially shipped to Norway and is expected to open for ordering and delivery in Norway in September this year, it said. Ahead of the July delivery data was released, a team at Hong Kong-based financial services firm CMB International raised its price target on NIO earlier today, citing marginal improvement in chip supply and the prospect of continued growth in deliveries in the second half of the year. The team raised its price target for NIO by 13.6 percent to USD 52.60 per share, maintaining a buy rating. NIO closed up 4.83 percent to USD 44.68 on Friday and the price target implies an upside of about 18 percent. CMB believes that in the short term, NIO expects to drive sales growth through increased density of battery swap stations. In the long term, NIO's unique business model of separating the vehicle from the battery will contribute to vehicle sales as it focuses on providing quality service to its customers. Local tech media 36kr reported on Friday that Ai Tiecheng, former general manager of WeWork Greater China, has joined NIO to take charge of the company's mass-market-oriented sub-brand, and that a new model could be released in the first half of next year at the earliest. NIO is the only local Chinese brand that has a firm foothold in the high-end market, with a minimum price of CNY 358,000 (USD 55,400). If customers choose its BaaS battery leasing service, the purchase threshold can be lowered by at least RMB 70,000, but they will need to pay a monthly battery rental fee. The latest data from China Automotive Technology and Research Center shows that the average price of NIO vehicles in May was CNY 432,900, higher than BMW's CNY 391,000 and slightly lower than Mercedes' CNY 435,600. The high-end positioning means that NIO's sales could hit the ceiling earlier than its local counterparts XPeng Motor and Li Auto, and the launch of a mass-market-oriented brand is expected to make that ceiling higher. The so-called sub-brand, a mid-to low-end brand independent of the NIO brand, is expected to be priced in the CNY 150,000 (USD 23,200) - 250,000 market, the 36kr report said. "Li is also factoring in the positioning of the Wuling Hongguang Mini EV (priced at around CNY 30,000)," the report said, citing an unnamed source. The Mini EV is the top-selling EV in China, with sales of 29,143 units in June, up 12.56 percent from May, according to the China Association of Automobile Manufacturers. NIO's sub-brand will follow the battery swap technology, but will operate through a separate system that includes channels, communities and an app, the 36kr report said. This article was first published by Phate Zhang on CnEVPost, a website focusing on new energy vehicle news from China.
NYSE:NIOLong
by EqualOcean
MARUTI - TRENDLINE SUPPORT to BREAKOUT with RISK:REWARD=1:10MARUTI Looks overall bullish and following the trendline perfectly. MARUTI is holding the above trendline from May 2021. Today, it retouched the trendline and bounced back hard. Above 7350, It can reach to 7650 quickly and easily. The risk level is 7150. One can enter the trade today at 7190 with Target= 7650 and Stop Loss= 7150 for almost 400 points with risk of 40 points. Risk/Reward ratio = 1:10 i.e., If you can risk one lakh rupees, there is high chance you may get 10 lakh rupees. My personal Trade: Entered MARUTI JUL 7400 calls at 27.00 For safe traders, MARUTI AUG 7400 calls as swing trade. DISCLAIMER: ALL POSTS ARE EDUCATIONAL PURPOSES.WE ARE NOT RESPONSIBLE FOR UR PROFIT/LOSS
NSE:MARUTILong
by sainathsetti96
Long TESLA before mini breakout at 700Telsa has been wanting to break 700 again for a while, and the TA is showing that the buyer volume just might have enough to make $TSLA pop. Why bullish momentum? RSI new high MACD cross over + bullish bar (keep an eye on this spot especially particularly to indicate bullish momentum) Hard VWAP bounce earlier July 700 has a pretty tough resistance, which is our first target R to break at the 128 day MA. Retesting could indicate that we break through to upper Rs including: 714, 723, 753, 780 (targets). I will 1/2 TP at 715 and see whether we get a wick indicating profit taking or if bullish momentum holds and new buyers firmly enter tesla. S/L roundabout 665. Note: I do short term holdings, no longer than 2 trading days max.
NASDAQ:TSLALong
by UnknownUnicorn11444931
1
MPWR somehow still above 300.000.618 fib level has been tested repeatedly, and holds for now despite continuing to trade below MA100 and MA200. Selling pressure apparent from CMF and acc/dist. Most recent earnings tending toward pre-pandy levels, so perhaps overvaluation is becoming more difficult to ignore. Though I could reasonably see MPWR bouncing again within the current sideways channel, I tend to favor a continuation of the downtrend, if only for the complete dearth of bullish signatures at the moment.
NASDAQ:MPWR
by oerboom
LUMINAR finally seems to want to go backMy advisor Marketmiracle gave an input signal on the stock LUMINAR $LAZR at the price of USD 21.05 with a target of 44.26 USD and a potential profit of 110 % A definitely succulent dish supported by the fact that LUMINAR is in fact a fast growing company in the field of new technologies that produces automatic systems for motor vehicles. The stock was targeted by large funds and was sold at a low price for months. Now a return of interest taken over by Marketmiracle that is based on capital flows could well lead to a short squeeze with a rapid rise in prices. I expect at least a price trend similar to the one I designed with two possible targets but also the possibility of reaching the target indicated by the advisor or 44 usd I went in there. This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
NASDAQ:LAZRLong
by MarketMiracleAdvisor
1
Ocean Bio-Chem, quite suspicious Almost 50% below its August high. 55-period EMA flattening out. Low volume for months. Resistances at $14, $17 and $22. In support around $11. Backed by Renaissance Technologies, Vanguard, Bank of Montreal, and BlackRock. "OBCI is a leading manufacturer and distributor of maintenance and appearance products for the marine, automotive, recreational vehicle and home care markets throughout North America. The corporate headquarters is located in Fort Lauderdale, Florida; the company's manufacturing and distribution facility is located in Montgomery, Alabama." NASDAQ:OBCI
OLong
by amateur_trad3r
Tesla (TSLA) ConsolidationI am not certified by any individual or institution to give financial or investment advice. Tesla (TSLA) may be in a consolidation/roll. I have my solid orange lines drawn as horizontal Resistance and Support. If this analysis is correct, TSLA is moving in an $80 ish roll and is sitting at Support ready to go up to Resistance. TSLA has been a hot stock recently, but it may be taking this time to cool off a bit. It's looking like a fast mover. It has a stride which spans that $80 ish spread in only a couple days, which means if you plan to attempt to take advantage of a rolling stock strategy for trading you'll need to be ready with your exit strategies for profit and/or loss. For Consideration: (1) The "Big Four" indexes are all at uptrend Resistance right now. TSLA seems to be going the opposite of the indexes in its movements. I do not think that is cause for concern because even though the indexes are at Resistance they are still all in uptrends, and I predict they will remain in that trend for the immediate future. (2) As mentioned above, it's a fast mover. If you decide to attempt a rolling stock strategy I recommend utilizing OCO orders (if you're broker offers them) to have pre-set profit/loss exits. If your broker doesn't offer OCOs you may want to pre-set a stop out you can manually change on a daily basis, and have an alert set to trigger at a certain bullish price. (3) TSLA has not hit its 50 Day EMA since November of 2020. With the indexes at Resistance TSLA may take this time to drop with them (as opposed to continuing its consolidation). If TSLA breaks its Support within the next week, don't be surprised if it takes a $50 ish drop to touch the 50 Day EMA (or lower). I still don't see that as cause for concern if you hold TSLA for mid to long term investment purposes as it will still be bullish, and there is possible Support in that area as well. I do not currently hold any positions in Tesla. Let me know what you think or if you have any questions.
NASDAQ:TSLA
by AROD01
1
Ferrari is a good portfolio diversifier from hereWhen growth and inflation around the world are seemingly increasing on a MoM basis, consumer discretionary stocks perform well. We've seen this across the board so far this year, and in the latter parts of 2020. Ferrari is no exception, with a premium luxury brand with international recognition. Recently, RACE has been pulling back, and I'd look to start to leg into a position here, with capital to buy more slightly lower as well. Technically, we're near the bottom of the 2std dev Bollinger, as well as oversold on the RSI 1D/4H timelines. The risk/reward from here is favorable.
NYSE:RACELong
by MT-Macro
Sleeping Giant Awakes? AVZ potentially sits on the world's largest lithium pegmatite deposit. If successfully funded and executed over the next 3-5 years, could cause a huge shake up in the global lithium market and headache to higher cost lithium projects. Key risks: 1. Geopolitical risk (Project location: DRC) 2. Vulnerability to Australia trade relations. Cashed up YiBin may want to fund this project, but is subject to strict FIRB approval process. Worsening trade relation between Australia and China potentially to further limit Chinese funding 3. AVZ only to benefit to wide-spread adoption of lithium based batteries by mid 2020s. Existing Incumbent Tier 1& 2 producers are already pursuing aggressive expansion plans backed by institutions. 4. Current Spodumene producers has high CO2 footprint Catalysts: 1. Final Investment Decision 2. Funding partners 3. Off-take agreements 4. Carbon Footprint Reduction / Offset through renewable energy generation & carbon credit purchases. Trading plan AVZ has been trading below $0.1 for more than two years with multiple failed attempts to break above the teens. Recommendation to buy into strength but not weakness. Speculative Entry: $0.101 Falling Sell: $0.069 Sources: 1. www.afr.com 2. www.youtube.com
A
by Yabbyuwu
Does a speculator care to explain the 417% gain here?This battery startup is in the right space at the right time. Headlines showcasing an environment that will be opportunistic for powerful moves. Think about what the market has priced this at? In three months a market cap almost the size of Ford? Seems like risky business to be long here at this staggering price, but who knows maybe they are sitting on some R&D treasure? Link to Article finance.yahoo.com Bubble or insane earnings growth potential? Wonder which of these picks will age better...
NYSE:QS
by ZenMode
8
ALSN wrong-way earnings move offers buying opportunityAllison Transmission annihilated analyst estimates for its earnings and revenue yesterday, spiking 10% after hours but falling during the daytime session today to below yesterday's close. Not only did Allison post a beat for the third quarter, but it has also seen upgrades to its earnings estimates for the next couple years. Allison also got recent good news when the US Army gave it an innovation award for onboard energy conversion in military tactical vehicles, and when Allison and IndyGo announced a partnership to build hybrid electric buses. In P/E terms, Allison might look a little expensive. It's trading 27% above its median P/E on earnings dates over the last 3 years, 10% above its median forward P/E, and 8% above its median P/FCF. In forward P/S terms, however, it's cheap at 18% below the median. Likewise, it's 24% below the median P/D and P/B of the last three years. The somewhat higher P/E multiples are warranted because of growth expectations. With a PEG of 1.6, Allison is priced for growth. Sentiment on Allison is fairly good, with about 11% upside to the average analyst price target, and a 7.7/10 analyst summary score (average rating "Buy"). Put/call ratios are bullish. In terms of technicals, Allison has dipped back below a trendline and dropped to a volume support node. Allison might get a bound from volume support here at 35.50, but it would be an even better buy if it dips to 32.
NYSE:ALSNLong
by ChristopherCarrollSmith
NIO is consolidating..NIO is back to consolidation mode! As you see on the chart we saw 1. The first huge climb from 17-22 2. The consolidation for a few days 3. The breakout from 21-29 and change I think based on this chart that NIO will trade sideways for a bit and if there’s no Washington style take down of the markets with no stimulus passing or any election related volatility, NIO will pop once more toward that 30-35 maybe even 40 level! Currently the PT for NIO is between 32-40 set by JPM and BAC. Analysts predict that NIOs future PT is way above the 300 level. (Super bullish) I’m excited on seeing NIO stock unfold! Let’s see how this unfolds! Last but not least: I would avoid calls or puts for the time being as I forecast a sideways action remainder of this week at least. If you were to want to go in right now I would look for end of Nov expirations. I would also cover my calls with puts in case election volatility throws NIO a curveball. If you’re long stock wise, it’s a great price to buy! Simple as that!
NYSE:NIOLong
by ThaMoneyHunter
2
TESLA IS LOSING VALUE CAUSE OF PORSCHE?After a strong bull behavior in the first half of 2020, now is starting to get bear as we can see the MACD indicator changing the price with a non-stable William’s Alligator index due to the necessity of a readjustment in the price. As Tesla has become the most valuable automotive Industry, recently Porsche have announced that they will make only Electrical Cars, making the German house a very strong competitor in the Europe field mainly, due to that the price as the exclusivity have fall. Not a financial advice. Entry zone: 369.15 Stop lose: 388.67 Target zone: 330.74
NASDAQ:TSLAShort
by vf_investment
ASTON MARTIN - REVERSAL ZONE? LONG-TERM INVESTMENT OPPORTUNITYAston Martin has been on a steep and vigorous decline since its IPO. Could Aston Martin turn things around from here and start reversing from current prices? Aston Martin has recently announced involvement in F1 with Racing Point rebranded as Aston Martin. This could help in turning things around. Billionaire Lawrence Stroll has clear intentions to do so and has invested into the company with a £260mil injection. Toto Wolff, Mercedes F1 team-principal has also bought a stake in Aston Martin. This indicates a large force and urgency to turn the Aston Martin brand around, stabilise the business and clean the balance sheet. With the share price being significantly devalued and oversold and the falling wedge breakout, it could be an opportunity to invest long and short-term. Short-term in the sense that the stock is highly volatile meaning returns (and losses) are seen much quicker. However, as the business model and balance sheet, as of now, is very unappealing, unstable and risky, the clear down-trend might still be in play and the current equilibrium triangle pattern maybe a consolidation phase before breaking lower in continuation. 4 things can happen here: Equilibrium breakout upwards and a reversal Equilibrium breakout downwards and a continuation Equilibrium breakout downwards and a double bottom Delayed Range-bound consolidation sideways VERDICT: The trades/investments above should be played in accordance with your style and risk-tolerance since, given the volatility of this stock, there is high risk. Since the chart is in a clear down-trend, the balance sheet isn't yet appealing and macro-economic factors such as covid, bull calls are more risky than bear so do your own due diligence and manage risk appropriately.
LSE:AMLLong
by JayanVarsani