Kandi Technolgies Corp (KNDI)

[legalizeMJ]

MATH DOESN'T LIE: Proof that KNDI IS A STRONG BUY AT THIS LOW PRICE, imo.

https://finance.yahoo.com/news/kandi-technologies-announces-second-quarter-130200036.html


The above link is KNDI Q2 earnings report:

1) Revenue INCREASED 171.1% YOY
2) EV products sale INCREASED 552.1%
3) Operating income INCREASED 261.%

4) eps = + $0.27 per share (GAAP)
5) eps = + $0.08 per share (non GAAP)

CONCLUSION #1: KNDI IS A STRONG BUY.
---------------------------------------------------
TSLA vs. KNDI (electric vehicles stocks comparisons)
----------------------------------------------------
6) TSLA: eps = +0.11 (non GAAP), TSLA eps = -$0.50 (GAAP):a loss of $0.50

7) TSLA (as of 9/10) = $281.10 per share, up ONLY 0.94%
KNDI (as of 9/10) = $16.28 per shares, UP 4.03%

TSLA= $281.10,its market cap = over $35. BILLION dollars. KNDI = $16.28 (with better eps than TSLA), its market cap is ONLY $682.ML
dollars.

QUESTION: Which stock has MORE upside potential ?
ANSWER IS = KNDI.

8) KNDI should be = $689. (if use the same eps comparisons)

9) KNDI has better eps than TSLA, Why KNDI stock price is less than TSLA ?
ANSWER IS = Because the short sellers use scare tactics to scare
buyers.

10) Will KNDI go up higher ? Of course ! because THE MATH DOESN'T
LIE.

CONCLUSION # 2: KNDI IS A STRONG BUY, imo.


Disclosure: I'm LONG KNDI and HOLDING KNDI.