Wednesday, October 11, 2017 7:53:10 PM
The company has stated that they have 4 production bases, where one of which we have a 37.7% equity stake in Guangxi Long Star. They are going to invest $230,000,000 for a 500 acre facility and expect revenues of $2.3 billion. That alone should give us at least 1,000% return from where we are, but it hasn't been disclosed publicly in the filings yet, even though it's been found in China. And that's just one production base, and one facet of their e.v business...
This sector's value isn't predicated upon earnings but their stories, their potential and the amount of cars produced. But eventually, I believe the price to earnings ratio will be 50x to 100x or even much more.
The value of our company will be limitless. But for now, it's just like having a brief case fill with millions under our computer chair, however we just can't open it yet. Know what you own...
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