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byd. good market leader in ev besides tesla.
both stock are already price in and over price.
valuing forward growth into current price.
any non delivery of expected growth will crash the price.
new leader may appear or technology change to happen then not as more main stream ice cars manufacturer join the ev car manufacture. after a car has many other parts, handling safety etc.
also why ev only . what about green/gray hydrogen + fuel cell as hydrogen become more viable.
auto drive and other software at the moment is bell and whistle.
self driving car will happen but not now, there has to be a process of these running self driving in controlled environment like within port, a control area. iron out all the bugs etc.
then working out the insurance. compensation in accident. responsibilities in death?
no need to hurry into it as there are also implications on jobs for drivers.
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(27-01-2023, 02:13 PM)Zannn Wrote: Congrats bro u got it again! BYD really to the moon after your posting at recent low. Thks!
Against all odds, market down but it continue to rally up. Super strong. Congrats Sgbuffett
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(31-01-2023, 11:07 AM)Zannn Wrote: Against all odds, market down but it continue to rally up. Super strong. Congrats Sgbuffett
Sgbuffett BYD the moon arrr!!
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Waste money to buy car for patriotism?
Hell no.
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(09-01-2023, 10:57 AM)sgbuffett Wrote: I sold all my BYD using the recent market strength to unload.
While China economy and consumers come back as this yr progresses, the EV sector faces numerous challenges and issues.
The recent Tesla price cuts shows how intense competition js and the overproduction taking place.
Buffett in the 2020 annual meeting took out the auto industry history from 1920s onwards to show the failure rate of new companies and even those that succeed don't do that well. In 2022 September Buffett started to unload BYD and investment that he held for 13 yrs and made 23 times.
Because the China Market has been strong last 2 months it is an opportunity to unload at good prices.
BYD has less than half the margin of Tesla and 60% of its manufacturing is backwards manual labor based that need capital to upgrade.
BYD will be around for many years but as an investment it is no longer good to hold at these prices.
Making cars is a low margin competitive business. Unlike software or platform business there is no real.moat and people can come in to compete for market share.
Buffett decision to sell is an important guide given he held for 13yrs already.
Wow rallied almost 35% after sgbuffett sold. Heart pain arrr
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(01-02-2023, 01:42 PM)kelhot2001 Wrote: BYD = 不要动
Sharexchange
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(09-01-2023, 10:57 AM)sgbuffett Wrote: I sold all my BYD using the recent market strength to unload.
While China economy and consumers come back as this yr progresses, the EV sector faces numerous challenges and issues.
The recent Tesla price cuts shows how intense competition js and the overproduction taking place.
Buffett in the 2020 annual meeting took out the auto industry history from 1920s onwards to show the failure rate of new companies and even those that succeed don't do that well. In 2022 September Buffett started to unload BYD and investment that he held for 13 yrs and made 23 times.
Because the China Market has been strong last 2 months it is an opportunity to unload at good prices.
BYD has less than half the margin of Tesla and 60% of its manufacturing is backwards manual labor based that need capital to upgrade.
BYD will be around for many years but as an investment it is no longer good to hold at these prices.
Making cars is a low margin competitive business. Unlike software or platform business there is no real.moat and people can come in to compete for market share.
Buffett decision to sell is an important guide given he held for 13yrs already.
Unstoppable rally no matter what market conditions. Trade with the flow not facts
(This post was last modified: 02-02-2023, 02:34 PM by
Zannn.)
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(09-01-2023, 10:57 AM)sgbuffett Wrote: I sold all my BYD using the recent market strength to unload.
While China economy and consumers come back as this yr progresses, the EV sector faces numerous challenges and issues.
The recent Tesla price cuts shows how intense competition js and the overproduction taking place.
Buffett in the 2020 annual meeting took out the auto industry history from 1920s onwards to show the failure rate of new companies and even those that succeed don't do that well. In 2022 September Buffett started to unload BYD and investment that he held for 13 yrs and made 23 times.
Because the China Market has been strong last 2 months it is an opportunity to unload at good prices.
BYD has less than half the margin of Tesla and 60% of its manufacturing is backwards manual labor based that need capital to upgrade.
BYD will be around for many years but as an investment it is no longer good to hold at these prices.
Making cars is a low margin competitive business. Unlike software or platform business there is no real.moat and people can come in to compete for market share.
Buffett decision to sell is an important guide given he held for 13yrs already.
Sgbuffett, you are right for BYD long term prospect but short term u lose out the 30% rally. Even after byd price cut on cars, current share price is still higher than what u sold at below $200. So trend is still impt not facts.
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Markets drop so much for the last few days, but ah butt didn't come out to shout crash? Very unusual
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dont forget china is going to end subsidy for electric vehicles a v bearish sentiment
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bull run over liao lah.see price u know liao.any break of nsh.just sell.100% sure win
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WB keeps selling yet BYD share price keeps going up!
(This post was last modified: 12-05-2023, 01:07 AM by
cityhantam.)
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(02-02-2023, 02:33 PM)Zannn Wrote: Unstoppable rally no matter what market conditions. Trade with the flow not facts
Sg Buffett after u shout sell/ short BYD it rallied more than 35%. U feel bad?
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(09-01-2023, 10:57 AM)sgbuffett Wrote: I sold all my BYD using the recent market strength to unload.
While China economy and consumers come back as this yr progresses, the EV sector faces numerous challenges and issues.
The recent Tesla price cuts shows how intense competition js and the overproduction taking place.
Buffett in the 2020 annual meeting took out the auto industry history from 1920s onwards to show the failure rate of new companies and even those that succeed don't do that well. In 2022 September Buffett started to unload BYD and investment that he held for 13 yrs and made 23 times.
Because the China Market has been strong last 2 months it is an opportunity to unload at good prices.
BYD has less than half the margin of Tesla and 60% of its manufacturing is backwards manual labor based that need capital to upgrade.
BYD will be around for many years but as an investment it is no longer good to hold at these prices.
Making cars is a low margin competitive business. Unlike software or platform business there is no real.moat and people can come in to compete for market share.
Buffett decision to sell is an important guide given he held for 13yrs already.
Misreading of signals:
BYD sold does not mean Chinese economy is gg down. BYD is not icon for the whole of China.
Why Buffett sold, it is because BYD is world no. 1 and Biden would sanction and boycott the firm. US has been doing it whenever a Chinese firm is world no. 1 or has potential to be one, just like he did it to Huawei, ZTE, SMIC, 100's of them.
Your assertion that Buffett selling BYD means Chinese economy is gg down is totally absurd.
.
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(01-02-2023, 01:42 PM)kelhot2001 Wrote: BYD = 不要动
包赢的
https://www.straitstimes.com/singapore/t...wed-by-bmw
You've got friendly neighbours? Grow Up! - 李光耀 2013
>
(This post was last modified: 16-06-2023, 03:14 PM by
Manthink.)