SG Talk

what an old idiot.

Byd sell better than tesla

(12-02-2023, 07:14 AM)dynamite Wrote: [ -> ]Byd sell better than tesla

Bit the margins are much lower

(12-02-2023, 07:14 AM)dynamite Wrote: [ -> ]Byd sell better than tesla

but then why does he sell his BYD stocks.............?

(12-02-2023, 08:43 AM)debono Wrote: [ -> ]but then why does he sell his BYD stocks.............?

Based on the valuation numbers even though BYD sells many cars the stock price is overvalued and cashflow is poor.

A company can be super successful and the stock is a lousy stock due to high price.

One example is Cisco ...company continued to be dominant after dot.com and profit increase year after year but stick price came down because it was too high.

(12-02-2023, 08:40 AM)sgbuffett Wrote: [ -> ]Bit the margins are much lower

Is it cheaper to buy BYD than tesla in Singapore?

(12-02-2023, 09:25 AM)dynamite Wrote: [ -> ]Is it cheaper to buy BYD than tesla in Singapore?

Probably....like cheaper to buy Xiaomi than iPhone

(12-02-2023, 08:43 AM)debono Wrote: [ -> ]but then why does he sell his BYD stocks.............?

To make up for his loss in Assmerican stocks!

(12-02-2023, 09:53 AM)cityhantam Wrote: [ -> ]To make up for his loss in Assmerican stocks!

More likely to buy TSMC as a low valuation for the semiconductor cycle upturn.

(12-02-2023, 09:53 AM)cityhantam Wrote: [ -> ]To make up for his loss in Assmerican stocks!

Give examples of Assmerican stocks..................

(12-02-2023, 11:52 AM)debono Wrote: [ -> ]Give examples of Assmerican stocks..................

Charter Communications Inc
396.94 USD
-211.00 (-34.71%) past year
10 Feb, 4:00 pm GMT-5 

Thirumalai Chemicals Ltd.
175.60 INR
-56.45 (-24.33%) past year
10 Feb, 3:30 pm GMT+5:30