NIO Inc. USD OV    Last:5.79    -0.19

New listing (20May2022) Nio, EV manufacturer

Read their financial key statistics and think carefully whether price can be sustained after the benefit of doubts given of investors is taken away.

TheMatrix      ( Date: 24-Jul-2023 12:16) Posted: Time to enter and buy more.

 

Time to enter and buy more.

 

There are companies which make money from customers, and there are those from shareholders.

mrwonderful      ( Date: 11-Jul-2023 14:38) Posted: Exited the stock earlier this month at a major loss also. Nio management has always over promised and under delivered, since 2021 in fact. As late as May 2023, their entire c-suite came out and keep reitierating will deliver 250K cars this year, that is virtually impossible (e.g. must consistently sell about 32K cars a month in H2 from 10K in June). https://cnevpost.com/2023/07/11/nio-jun-sales-breakdown/ Furthermore, their cars are relatively  expensive, does not have any cutting edge tech advantages, their Nio houses and battery swap model are a huge cash furnace, plus China and the global economy is not doing well now.  Lastly, their management has been making confounding decisions such as building their own phones, investing in some nuclear fusion energy startup, etc. Hard to see where they can sustain high demand for their new or existing cars after the initial launch hype. Majority of customers now opt for hybrid cars such as Li Auto over Nio SUVs due to range anxiety, this trend could go on for years. Basically if Nio does not sell cars, their stock price will tank. Watch the Tuesday evening weekly insurance registration numbers to get a sense of where the ADR stock would go in US trading.

 

Take profit run road already...

mrwonderful      ( Date: 11-Jul-2023 14:38) Posted: Exited the stock earlier this month at a major loss also. Nio management has always over promised and under delivered, since 2021 in fact. As late as May 2023, their entire c-suite came out and keep reitierating will deliver 250K cars this year, that is virtually impossible (e.g. must consistently sell about 32K cars a month in H2 from 10K in June). https://cnevpost.com/2023/07/11/nio-jun-sales-breakdown/ Furthermore, their cars are relatively  expensive, does not have any cutting edge tech advantages, their Nio houses and battery swap model are a huge cash furnace, plus China and the global economy is not doing well now.  Lastly, their management has been making confounding decisions such as building their own phones, investing in some nuclear fusion energy startup, etc. Hard to see where they can sustain high demand for their new or existing cars after the initial launch hype. Majority of customers now opt for hybrid cars such as Li Auto over Nio SUVs due to range anxiety, this trend could go on for years. Basically if Nio does not sell cars, their stock price will tank. Watch the Tuesday evening weekly insurance registration numbers to get a sense of where the ADR stock would go in US trading.

 

Exited the stock earlier this month at a major loss also.

Nio management has always over promised and under delivered, since 2021 in fact. As late as May 2023, their entire c-suite came out and keep reitierating will deliver 250K cars this year, that is virtually impossible (e.g. must consistently sell about 32K cars a month in H2 from 10K in June).

https://cnevpost.com/2023/07/11/nio-jun-sales-breakdown/

Furthermore, their cars are relatively  expensive, does not have any cutting edge tech advantages, their Nio houses and battery swap model are a huge cash furnace, plus China and the global economy is not doing well now.  Lastly, their management has been making confounding decisions such as building their own phones, investing in some nuclear fusion energy startup, etc.

Hard to see where they can sustain high demand for their new or existing cars after the initial launch hype. Majority of customers now opt for hybrid cars such as Li Auto over Nio SUVs due to range anxiety, this trend could go on for years.

Basically if Nio does not sell cars, their stock price will tank. Watch the Tuesday evening weekly insurance registration numbers to get a sense of where the ADR stock would go in US trading.

 

Very good profit in just a week....

 

Who do you think the reports are targeting?
The shareholders.

Leenyah      ( Date: 06-Jul-2023 23:22) Posted: Not true. Nio needs to sell more to recover from the investment they put up on re-tooling, battery swaps station etc, which is understandable. From reports, these set up to produce new models on NT 2,0 now completed, meaning capex expenditure will reduce. From many recent reports, it says Nio has been ramping up production and sales to re-capture market share. With 8 new models available for booking, they are targeting 20 to 30k a month in Q3 and Q4. Recently Chinese goverment re-instated the tax incentive for local buyers, this stimulus extended to 2027. Do note this counter is quite volatile with wide range bands investshare      ( Date: 06-Jul-2023 09:04) Posted: I think sell more lose more. Their strategy is to get more shareholders money rather than make money from customers

 

Not true. Nio needs to sell more to recover from the investment they put up on re-tooling, battery swaps station etc, which is understandable.
From reports, these set up to produce new models on NT 2,0 now completed, meaning capex expenditure will reduce. From many recent reports, it says Nio has been ramping up production and sales to re-capture market share. With 8 new models available for booking, they are targeting 20 to 30k a month in Q3 and Q4.
Recently Chinese goverment re-instated the tax incentive for local buyers, this stimulus extended to 2027.
Do note this counter is quite volatile with wide range bands

investshare      ( Date: 06-Jul-2023 09:04) Posted: I think sell more lose more. Their strategy is to get more shareholders money rather than make money from customers. Ftyeng      ( Date: 06-Jul-2023 08:58) Posted:     x 0    Alert Admin Is this enough to break even for at least the quarter? We are vrery far away from ok zone considering the fact that it is currently trading at at least 4 times it' s book-value ( < us$3 per share ).

 

I think sell more lose more.
Their strategy is to get more shareholders money rather than make money from customers.

Ftyeng      ( Date: 06-Jul-2023 08:58) Posted:     x 0    Alert Admin Is this enough to break even for at least the quarter? We are vrery far away from ok zone considering the fact that it is currently trading at at least 4 times it' s book-value ( < us$3 per share ). Leenyah      ( Date: 05-Jul-2023 14:46) Posted: One of the key reason was that executives made announcement on plan to deliver 250k EVs too early, ie in March When investors did not see the growth in Apr and May, the sentiments fell negative very quickly. The numbers just don?t match with the confidence projected by the execs. However the scene have changed from mid June with the launch/ delivery of ES6, ES8 ET5 Touring in June and ET7 in July. Below is the actual delivery in June and early part of July. The average delivery per day has been increasing sharply, which many of us did not see. April del 6658 222 per day May del 6155 205 per day Jun 1/11 2800 255 per day Jun 12/18 2000 286 per day Jun 19/25 3200 457 per day Jun 26/30 2707 542 per day Jul 1/2 1393 696 per day Another point to note is that Nio management has taken steps to reduce spending in 3 areas, bringing much cheer to long term investors

 

x 0    Alert Admin

Is this enough to break even for at least the quarter? We are vrery far away from ok zone considering the fact that it is currently trading at at least 4 times it' s book-value ( < us$3 per share ).

Leenyah      ( Date: 05-Jul-2023 14:46) Posted: One of the key reason was that executives made announcement on plan to deliver 250k EVs too early, ie in March When investors did not see the growth in Apr and May, the sentiments fell negative very quickly. The numbers just don?t match with the confidence projected by the execs. However the scene have changed from mid June with the launch/ delivery of ES6, ES8 ET5 Touring in June and ET7 in July. Below is the actual delivery in June and early part of July. The average delivery per day has been increasing sharply, which many of us did not see. April del 6658 222 per day May del 6155 205 per day Jun 1/11 2800 255 per day Jun 12/18 2000 286 per day Jun 19/25 3200 457 per day Jun 26/30 2707 542 per day Jul 1/2 1393 696 per day Another point to note is that Nio management has taken steps to reduce spending in 3 areas, bringing much cheer to long term investors

 

One of the key reason was that executives made announcement on plan to deliver 250k EVs too early, ie in March
When investors did not see the growth in Apr and May, the sentiments fell negative very quickly. The numbers just don?t match with the confidence projected by the execs.
However the scene have changed from mid June with the launch/ delivery of ES6, ES8 ET5 Touring in June and ET7 in July. Below is the actual delivery in June and early part of July. The average delivery per day has been increasing sharply, which many of us did not see.
April del 6658 222 per day
May del 6155 205 per day
Jun 1/11 2800 255 per day
Jun 12/18 2000 286 per day
Jun 19/25 3200 457 per day
Jun 26/30 2707 542 per day
Jul 1/2 1393 696 per day
Another point to note is that Nio management has taken steps to reduce spending in 3 areas, bringing much cheer to long term investors

 

Used to make money for me too.

Saw too many negative news ( or positive news from other manufacturers ) and felt a lot less confident about it compared to before.   Disposed of my entire holdings in one listed market at a loss.   Still holding on to some shares.

TheMatrix      ( Date: 03-Jul-2023 16:04) Posted: If you don't understand this stock. Of cos u get burn. So far, this stock is making most money for me. Don't say I don't give tips. Hold this baby for a week and see how much return u can get. Ftyeng      ( Date: 03-Jul-2023 15:57) Posted: Trade carefully and follow the news from Toyota, BMW, Honda, Tesla. BYD and others carefully. You can get good insights from youtube videos. This industry is very volatile.....got burned already.

 

If you don't understand this stock. Of cos u get burn. So far, this stock is making most money for me. Don't say I don't give tips. Hold this baby for a week and see how much return u can get.

Ftyeng      ( Date: 03-Jul-2023 15:57) Posted: Trade carefully and follow the news from Toyota, BMW, Honda, Tesla. BYD and others carefully. You can get good insights from youtube videos. This industry is very volatile.....got burned already.   TheMatrix      ( Date: 03-Jul-2023 09:41) Posted: Buy, buy, buy!

 

Trade carefully and follow the news from Toyota, BMW, Honda, Tesla. BYD and others carefully.

You can get good insights from youtube videos.

This industry is very volatile.....got burned already.

 

TheMatrix      ( Date: 03-Jul-2023 09:41) Posted: Buy, buy, buy!

 

Got big money to make , nobody Interested? Only interested to make those 1 pip out of a week cheapo ?stock?

 

Buy, buy, buy!

 

 

Facts:
---------

Price is US$8.92/share (> 4 times book-value)
BVPS is US$:2.0656/share 
Sugar daddy' s recent support: US$738.50 million (Abu Dhabi bought at US$8.72/piece, I think newly issued shares)
Total shares (Singapore): 1.670 billion
Total shares (USA): 1.522 billion
Total shares (HK):   1.679 billion (don' t know whether same as Singapore' s )


Total shares (others) ???

 

Get ready for China come back.
Those American companies that fled Chaina for India and Vietnam now regret and wanted to back to 
China.. Ask Nvidia CEO, ask Apple CEO , as Foxconn CEO, ask Addidas  Ceo, Ask Bill.
China president Xi hosting world leaders and top business Chief very next day until his schedule is fully booked
..what is the sign?
OCBC, Keppel Corp , Capitaland even SIA ..etc...get in while it is still cheap.. Just my 2c
 

 

Insider news, huge delivery order coming in next few months. No need right issue from shareholders. The Arabs are not stupid to dump 1.1billion on a money losing business. Surely they do their homework.

investshare      ( Date: 21-Jun-2023 10:55) Posted: Good that it finds a sugar daddy. Shareholders are saved from right issue at least for now. Joelton      ( Date: 21-Jun-2023 10:09) Posted: Nio enters into US$738.5 million private placement with Abu Dhabi state investor   ELECTRIC vehicle maker Nio : NIO -4.48% has entered into a share subscription agreement with an investment vehicle majority owned by the Abu Dhabi government, with the investor to become a substantial shareholder and be entitled to a board seat.   In the transaction, CYVN Holdings will invest US$738.5 million in cash to subscribe to about 84.7 million newly-issued Class A ordinary shares of Nio at US$8.72 apiece, the China-based automaker said on Tuesday (Jun 20) in a regulatory filing to the Singapore Exchange (SGX), where it is listed.   The share subscription price was the volume weighted average price of Nio&rsquo s Class A ordinary shares on the New York Stock Exchange &ndash where the automaker also has a listing &ndash over the seven consecutive trading days preceding Monday.   The transaction is subject to customary closing conditions and the closing is expected to take place in early July 2023. CYVN has agreed not to sell or transfer any of these shares for six months after the closing.   Separately, the investor has entered into a share purchase agreement with an existing shareholder, an affiliate of Chinese technology behemoth Tencent, to purchase 40.1 million of Nio&rsquo s Class A ordinary shares.   When both share transactions have been completed, the investor will own about 7 per cent of Nio&rsquo s total issued and outstanding shares, entitling it to nominate a director to the automaker&rsquo s board.   In addition, Nio and CYVN will jointly pursue opportunities in the automaker&rsquo s international business after the private placement has been completed.