[BottomBounce]

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172709034 $PCRFY

[maddog27]

TOKYO, May 10 (Reuters) - Japan's Panasonic Holdings Corp on Wednesday said it expects net profit to rise to a record high this year on robust auto battery sales and a hefty tax credit in the United States.

The industrial conglomerate, which supplies batteries to U.S. electric vehicle (EV) leader Tesla Inc, is expanding its energy business just as persistently high inflation rates worldwide dampen consumer sentiment.

Panasonic Holdings Corporation (PCRFY)View quote details
Other OTC - Delayed Quote (USD)
9.76+0.10(1.04%)
At close:3:59PM EDT

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Panasonic predicts net profit will grow 32% from a year earlier to a record 350 billion yen ($2.59 billion) as it expects a tax credit for EV battery operations under the U.S. Inflation Reduction Act to boost its bottom line by 100 billion yen.

The net profit outlook would be up 23% from the prior record for net profit of 284.1 billion yen, set in the year ending in March 2019.

The company sees operating profit of 430 billion yen for the year through March 2024, versus 288.6 billion yen a year earlier. That beats the 383.96 billion yen average of 20 analyst estimates compiled by Refinitiv.

For the fourth quarter of the year ended March 31, Panasonic posted operating profit of 54.4 billion yen. That compared with 83.4 billion yen a year prior and the 59.49 billion yen average of 12 analyst estimates.

(Reporting by Kiyoshi Takenaka; Editing by Christopher Cushing, Muralikumar Anantharaman and Sharon Singleton)

[RS500]

Makes sense, I too have been here for a couple of years, currently underwater but hopeful for the long term.

I do not like the reports that suggest the company "might or could" build a battery factory in the US, they either are or not. I am sure we can all handle the truth.

[maddog27]

Its a weekly chart. This is a long term hold for me. Not getting there today, just pointing out some levels. Needs to close above that $9.57 first.

Why aren't message boards productive anymore?

[RS500]

Why would that be? I do not see any earthquake news.

[maddog27]

Clears $10 should make it to $13. Trades like a bond...

[maddog27]

Tesla still needs batteries

https://www.investing.com/news/stock-market-news/mp-materials-trade-down-after-tesla-announces-ev-motor-with-no-rare-earth-metals-432SI-3019626

[maddog27]

Cycle low. Anyone add at $7

[Everything-EV]

We should be getting a huge increase with the new battery solutions.

Ford is a Major buyer of Panasonic Batteries.

$PCRFY

[Everything-EV]

$MNXXF Close Prices Last 3 Months Price/volumes not adjusted for restructures

Date Ex Sym Open High Low Close Chg Vol #Tr Bid Ask
2022-03-08 Q MNXXF 0.221 0.2358 0.221 0.2347 0.0137 28,771 16 0.221 0.24
2022-03-07 Q MNXXF 0.2231 0.22545 0.221 0.221 -0.01 76,409 24 0.2007 0.24
2022-03-04 Q MNXXF 0.22845 0.2345 0.2255 0.231 -0.009 35,186 11 0.2231 0.24
2022-03-03 Q MNXXF 0.234 0.24 0.22 0.24 0.0052 165,911 35 0.20 0.2694
2022-03-02 Q MNXXF 0.23 0.23615 0.2269 0.2348 0.00505 22,337 15 0.20 0.2449
2022-03-01 Q MNXXF 0.24645 0.2499 0.225 0.22975 0.00175 97,300 25 0.20 0.2695
2022-02-28 Q MNXXF 0.25 0.25 0.22235 0.228 -0.004 36,968 16 0.229 0.245
2022-02-25 Q MNXXF 0.224 0.2364 0.224 0.232 0.0032 10,505 9 0.23 0.2541
2022-02-24 Q MNXXF 0.2251 0.231108 0.215 0.2288 0.0056 102,846 39 0.20 0.231
2022-02-23 Q MNXXF 0.2215 0.23255 0.2215 0.2232 -0.0043 13,138 9 0.22 0.2664
2022-02-22 Q MNXXF 0.22 0.24362 0.22 0.2275 -0.005808 95,107 29 0.2163 0.241
2022-02-21 Q MNXXF 0.2432 0.2446 0.230824 0.233308 -0.007892 0 0
2022-02-18 Q MNXXF 0.2432 0.2446 0.230824 0.233308 -0.007892 54,350 17 0.221 0.27
2022-02-17 Q MNXXF 0.2481 0.2489 0.24 0.2412 -0.0048 19,001 11 0.221 0.2699
2022-02-16 Q MNXXF 0.2398 0.24656 0.2355 0.246 0.0065 190,813 50 0.235 0.27
2022-02-15 Q MNXXF 0.2427 0.2481 0.23355 0.2395 -0.0093 76,500 32 0.23 0.27
2022-02-14 Q MNXXF 0.2422 0.25 0.24 0.2488 0.0007 74,950 21 0.22 0.27
2022-02-11 Q MNXXF 0.2512 0.25819 0.24329 0.2481 -0.0114 30,687 16 0.24 0.27
2022-02-10 Q MNXXF 0.26879 0.26879 0.2592 0.2595 11,130 14 0.2544 0.27
2022-02-09 Q MNXXF 0.245 0.2689 0.245 0.2595 0.0047 43,400 15 0.255 0.27
2022-02-08 Q MNXXF 0.25 0.264025 0.24277 0.2548 0.0048 43,758 12 0.255 0.27
2022-02-07 Q MNXXF 0.245 0.2532 0.2436 0.25 -0.00462 93,314 18 0.24 0.27
2022-02-04 Q MNXXF 0.2496 0.257088 0.2468 0.25462 0.00042 47,180 17 0.245 0.264
2022-02-03 Q MNXXF 0.2556 0.2602 0.24885 0.2542 -0.00784 69,891 24 0.235 0.27
2022-02-02 Q MNXXF 0.27 0.27 0.2593 0.26204 -0.00696 84,915 21 0.255 0.27
2022-02-01 Q MNXXF 0.2543 0.269 0.245 0.269 0.0284 91,506 38 0.2528 0.27
2022-01-31 Q MNXXF 0.2459 0.2459 0.232368 0.2406 0.0006 56,150 19 0.236 0.2476
2022-01-28 Q MNXXF 0.2261 0.245 0.2253 0.24 0.0131 93,394 58 0.22 0.2459
2022-01-27 Q MNXXF 0.25 0.26 0.2269 0.2269 -0.0231 228,122 41 0.2246 0.2496
2022-01-26 Q MNXXF 0.244 0.30 0.244 0.25 0.0328 546,043 57 0.2452 0.27
2022-01-25 Q MNXXF 0.20265 0.22775 0.20265 0.2172 0.0174 51,807 31 0.2019 0.25
2022-01-24 Q MNXXF 0.20 0.2145 0.1896 0.1998 -0.0112 710,276 147 0.197 0.215
2022-01-21 Q MNXXF 0.2153 0.2243 0.2056 0.211 -0.014 115,154 43 0.2048 0.2244
2022-01-20 Q MNXXF 0.22519 0.226568 0.2235 0.225 -0.002 18,170 13 0.223 0.2295
2022-01-19 Q MNXXF 0.213 0.254 0.213 0.227 -0.00576 86,778 32 0.223 0.2394
2022-01-18 Q MNXXF 0.2422 0.2422 0.2265 0.23276 0.00636 175,076 59 0.221 0.2481
2022-01-17 Q MNXXF 0.22095 0.229 0.22095 0.2264 -0.0064 0 0
2022-01-14 Q MNXXF 0.22095 0.229 0.22095 0.2264 -0.0064 23,341 19 0.211 0.2314
2022-01-13 Q MNXXF 0.2338 0.2346 0.227 0.2328 0.0003 43,719 14 0.227 0.2519
2022-01-12 Q MNXXF 0.2337 0.2368 0.218475 0.2325 0.0025 62,670 42 0.2099 0.236
2022-01-11 Q MNXXF 0.23

[Everything-EV]

See the Full Article

Click Here and Get Ready!

Panasonic is one of Fords Go to for EV Batteries.

$PCRFY

[Everything-EV]

Panasonic to begin production of 4680 Li-ion cells for EVs in FY 2023
01 March 2022
Panasonic to begin production of 4680 Li-ion cells for EVs in FY 2023

Panasonic Corporation announced that its Energy Company will establish a production facility at its Wakayama Factory in western Japan to manufacture new, large 4680 (46 millimeters wide and 80 millimeters tall) cylindrical lithium-ion batteries for electric vehicles (EVs).

Tesla unveiled a 4680-format prototype cell in 2020. This next-generation cell features a cylinder more than twice the diameter of the 2170—and a capacity about five times as large. (Earlier post.) Since then, battery makers have been working been working on production versions of a 4680-format cell (e.g.earlier post).

Panasonic unveiled its 4680 cell last October.

$PCRFY!

[RS500]

What date is earnings?

[Everything-EV]

I'm going to pick up some more tomorrow.

GLTA

$PCRFY

[maddog27]

Some upside megaphone targets. Cycles pointing to a pause. Early 80's pattern looks similar to present which ignored the cycle. Average at 10+..will add at 7 if needed

[Everything-EV]

Battery Orders on the Way!

$PCRFY

[Everything-EV]

Panasonic is quietly going to sky rocket, and has held it own in this recent market correction.

$PCRFY

[Everything-EV]

From the information that I have gathered.

It appears that $PCRFY will be supplying EV batteries to Ford.

$PCRFY

[Everything-EV]

If the EV sector continues to build $PCRFY will stay with it.

$PCRFY

[Everything-EV]

This will be a 2022 and beyond Stock to have.

$PCRFY

[Everything-EV]

Ford Uses $PCRFY for one of their EV Battery Suppliers.

[Everything-EV]

All types of Lithium iON Batteries are going to be on the radar this year, as many people are going off the grid and changing their vehicles in for EV.

$PCRFY

[dounome]

Yes we are going to rock.

[Everything-EV]

Yes we will get there!

$PCRFY

[maddog27]

Someday it will break $16 and goes beyond

[Everything-EV]

Panasonic is as steady as they go.

$PCRFY

[Everything-EV]

Nice Steady Price Climb.

New Products are going to be explosive!

$PCRFY

[MasterBlastr]

Imagine stopping in at an EV charging station and have your car's batteries charged in the time it would take to fill it with gas. Thats a big reason why I bought. And freezer technology for vaccines as they hold the exclusive contract for providing those for all of Japan. Thinks look very bright soon for Panasonic.

[4retire]

Looking forward to news on Panasonic's Quantum Glass Battery. Hard to find information on it. This would be disruptive and a great money maker if it actually performs to it's touted capabilities.

[Everything-EV]

Holding strong!

$PCRFY

[Everything-EV]

$PCRFY Looking Good!

[Everything-EV]

We did it again!

Panasonic Rockin'

$PCRFY

[Everything-EV]

Not bad up 3% the day I bought it!

GO $PCRFY

[Everything-EV]

Looks Like we got a bit of a spike as soon as I purchased some shares.

$PCRFY!

[Everything-EV]

Gonna Get Some Panasonic Tomorrow!

$PCRFY

[Everything-EV]

Ride Ride Ride Would you let it Ride!

$PCRFY

[Everything-EV]

Get On the Panasonic Wild Train Ride and let it Ride!

$PCRFY

[Everything-EV]

Panasonic Stock is about to go Parabolic

With The EV Battery Sales!

$PCRFY

[cameron86]

http://panasonic-biomedical.com/Panasonic/Object/images/PA_PDF/Ultra-Low-Temperature-Chest-Freezers.pdf

[highstakes]

Is this a buy with tesla??

[makinezmoney]

$PCRFY : Upswing at $10.61.... GigaFactory turns profit

https://www.teslarati.com/tesla-tsla-700-panasonic-battery-update-wall-st-upgrade/


GO $PCRFY

[theRASPYone]

And I know Tesla has been getting fewer batteries from them, but still the price is slaughtered. The company gots a lot more then batteries though.

[theRASPYone]

I understand this is probably not going to get answered legitimately. But any reason this has been going down since last March? Price looks historically low that doesn't mean they are low though! Wall street feels like it is always my best answer.

[nowwhat2]

Oh my goodness....Hadn't checked in on these guys for some time....











What the hey ?.....

[x1power]

Thanks for reply . . . maybe Pan keeps the NV Gig factory relationship going for now as way to keep a foot in USA market?
I spent hours deciding what to do with Pan and I stayed in . . . LT as I am in near the present stock price range.
PAN could get bot out or broke up . . . either way its the type of company (like GE and F) that is not planing to die just yet. Its no Sears or Pennys. Lets see if Japanese government throws them some contracts to keep their workers employed.

[sambeaux]

Power, Looks like you should have bailed yester-
yesterday (Thurs).
Panasonic is semi-pulling the plug
at the Nevada, USA gigafactory. Not
gonna pump another $2Billion into
albatross Tesla.
That should have pumped the stock up.
But instead have today's disaster.