NIO Fair Price
My Notes
Začít psátFeed
Yesterday, we saw $NIO stock shoot up more than 11%.
This is because the company's CEO, Li Qiang, predicted at the World Economic Forum on Tuesday that China's economy will grow faster in Q2 than the 4.5% rate it grew at in Q1, and further claimed that it is on track to achieve annual growth of around 5%.
In addition to Qiang's overall bullish view on the Chinese economy,...
Read more
Zobrazit další komentáře
I was just shopping again today and averaging my price... I believe the green is near! :-D
More good news like this.
I know there are quite a few Niofans already here, so I'm adding an update that probably won't bring millions to the coffers, but definitely an interesting extra service 👇
NIO$NIO will launch a trial next month that will give car owners in China the flexibility to rent the company's cars when traveling in Europe. NIO's destination travel service in Europe will begin trial...
Read more
Zobrazit další komentáře
This is great for me though... considering I'd be flying to China and could somehow rent a car there for a bargain, I'd take it in a heartbeat :)
"There's no interest in those electric cars, rebates won't help them, it's a dying company."
My base case scenario for the rest of the year and $NIO: Rebates will help boost supply again, which will start to positively impact the company's profits (I'm not counting on profitability yet this year). The target price, in a positive scenario, could be $15 per share by year-end in my...
Read more
The urgency for NIO $NIO to increase volumes and cut costs is finally here, says Deutsche Bank. With widespread NIO price cuts and the rapid introduction of new NT 2.0 models, Edison Yu's team believes there could be a significant sales recovery in the second half of the year.
...Read more
Zobrazit další komentáře
China is a big market and the price cut is definitely an attraction for customers. Plus, demand is probably pretty high there as everyone is trying to target that market in turn.
Zobrazit další komentáře
I'm averaging $21... so I'm thinking of knocking it down some more... but I'm waiting for a drop.)
Zobrazit další komentáře
Now I wouldn't completely trust the AI just yet, but those numbers don't look unrealistic.
Zobrazit další komentáře
I had heard of this company, but I was more interested in $NIO. But thanks for the tip.
Zobrazit další komentáře
Too bad BABA is not in the USA, it would be a beautiful investment. But then, of course, the price would be at completely different levels.
There's a lot of talk about $NIO right now. I like the company, and the way it's pushing electric vehicle charging seems cool to me. Honestly though, I still struggle with avoiding the Chinese market. I still feel like if the government makes a negative decision there, it could have a huge impact on $NIO stock. Do you feel the same way or is it a needless worry?
Zobrazit další komentáře
Seeing what's happening in the US market, the Chinese one doesn't seem so wild to me anymore... there are risks everywhere :)
So I need 8$ more up on the green nio... but still, it's a pretty promising way to go :)