Sunday, October 25, 2015 6:49:22 PM
Mr. Hu told us at the Nov. San Francisco Shareholders day that his target for 2020 is to be doing 400,000 cars per year (which would exceed sales of $9 billion)
https://groups.yahoo.com/neo/groups/kandi_lounge/conversations/messages/15492
Assuming that production target is met (some of that will likely be under KNDI's own manufacturing license by then to satisfy the increasing demand from direct sale vs. MPT for more attractive and expensive models like the K12, K17 Cyclone and K30 SUV ), I have little doubt that the rev and eps numbers you forecast for 2020 will turn out to be very conservative. I can personally see a rev of 6B+ and eps of $12+ for 2020. While it's hard to predict what PE the stock will command for that kind of triple-digit eps growth, I think a pps of 550+ is not unreasonable based on a modest price-to-sales ratio of 6 as often predicated by Billswatts on the private board. JMHO
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