KNDI book value is $0.88 with a reflecting share price of $4.65 that in my opinion is way over valued which is also reflected with a 38.43 P/E.
In all honesty and from experience. It really is hard to trust China stocks. Especially when they start toting high percentage increases in various categories.
I will add it to my watch list and read as time allows. Thanks for the selection. For now I am basically neutral, but I am certain it might be over bought for now. I do like the electric vehicle market, especially in a land of pollution (China).
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