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+--- Thread: Buffett sell more BYD stock (/Thread-Buffett-sell-more-BYD-stock)
Buffett sell more BYD stock - sgbuffett - 12-02-2023
https://www.scmp.com/business/china-business/article/3209740/buffetts-berkshire-reports-2nd-biggest-byd-stake-take-us26-billion-table-six-month-selling-spree
RE: Buffett sell more BYD stock - *天哥* - 12-02-2023
what an old idiot.
RE: Buffett sell more BYD stock - dynamite - 12-02-2023
Byd sell better than tesla
RE: Buffett sell more BYD stock - sgbuffett - 12-02-2023
(12-02-2023, 07:14 AM)dynamite Wrote: Byd sell better than tesla
Bit the margins are much lower
RE: Buffett sell more BYD stock - debono - 12-02-2023
(12-02-2023, 07:14 AM)dynamite Wrote: Byd sell better than tesla
but then why does he sell his BYD stocks.............?
RE: Buffett sell more BYD stock - sgbuffett - 12-02-2023
(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.
RE: Buffett sell more BYD stock - dynamite - 12-02-2023
(12-02-2023, 08:40 AM)sgbuffett Wrote: Bit the margins are much lower
Is it cheaper to buy BYD than tesla in Singapore?
RE: Buffett sell more BYD stock - sgbuffett - 12-02-2023
(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
RE: Buffett sell more BYD stock - cityhantam - 12-02-2023
(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!
RE: Buffett sell more BYD stock - sgbuffett - 12-02-2023
(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.
RE: Buffett sell more BYD stock - debono - 12-02-2023
(12-02-2023, 09:53 AM)cityhantam Wrote: To make up for his loss in Assmerican stocks!
Give examples of Assmerican stocks..................
RE: Buffett sell more BYD stock - cityhantam - 12-02-2023
(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