Kandi Technolgies Corp (KNDI)

[Fizmo]

I sold 18 months ago after Hu's backtracking multiple times over his guidance of first 100k EV's, than 50k EV's and coming up short of 25k aswell. My faith was gone and I sold everything and watched from the sidelines.

Three months ago I went back in. The company has moved forward massively in those 18 months, it's going in the right direction and at these levels, it's an absolute steal. Revenues should top 300m dollar this year so it's basically valued at 1 times the sales/revenues. For such a high growth company and being the market leader in EV's in china is massively cheap. Tesla is valued at 6+ times the sales. Not that I'm saying it should be valued at 6 times the sales of course but definately way higher then it is now.

Results have been good and our 2 best quarters are coming up.