VinFast Auto Ltd (VFS)

[riha]

if that's the case, I'm glad I bought my warrants for 88 cents...

[moneydreamer]

I give it three months and it will be under 1$ way too risky good luck y’all

[riha]

Unaudited Q2 earnings

https://vingroup.widen.net/s/t9qccrhfpp/vfs_2q23_earnings-presentation_vf

[Dennisb68]

Where are they?

[Biggeoff]

Earnings coming tomorrow!!

[riha]

looks like we found a floor for now...

at least the warrants have a strike price of ~$11

[bar1080]

Security Analysis 101 Red Flag. "More Than Half of VinFast 2023 EV Sales Are to Related Party."
https://www.barrons.com/articles/vinfast-ev-sales-related-party-66c04347

[Dennisb68]

Nice to see it close green. Perhaps we have seen the bottom.

[powerbattles]

Reloaded 15.82 Bounce time!

[$Pistol Pete$]

Good job

[powerbattles]

I flipped this morning premarket @ average $19.43 make a small profit.

[$Pistol Pete$]

Too risky and it will be below $10 soon

[riha]

Well done, thanks for that.

This is why I flipped my initial investment during the rise, and am keeping my warrants to see what happens.

Already got a small profit up front with the craziness.

[Renee]

VFS Historical from Aug 16 to Sept 7,2023

https://ih.advfn.com/stock-market/NASDAQ/vinfast-auto-VFS/historical

Date Close Change Change (%)

Sep 07 2023 17.99 -6.51 -26.57%

Sep 06 2023 24.50 -1.63 -6.24%

Sep 05 2023 26.13 -3.37 -11.41%

Sep 01 2023 29.495 -5.22 -15.02%

Aug 31 2023 34.71 -6.56 -15.9%

Aug 30 2023 41.27 -4.98 -10.77%

Aug 29 2023 46.25 -36.10 -43.84%

Aug 28 2023 82.35 13.58 19.75%

Aug 25 2023 68.77 19.77 40.35%

Aug 24 2023 49.00 11.97 32.33%

Aug 23 2023 37.03 0.31 0.84%

Aug 22 2023 36.72 19.14 108.87%

Aug 21 2023 17.58 2.18 14.16%

Aug 18 2023 15.40 -4.60 -23.0%

Aug 17 2023 20.00 -10.11 -33.58%

Aug 16 2023 30.11 -6.95 -18.75%

[Renee]

VinFast Stock's Wild Trading Offers 5 Lessons on Market

Courtesy davidsson10

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172775246

Moves in the Vietnamese EV start-up's shares serve up lessons it can take seasoned traders years to learn.

Al Root, Aug 30, 2023

Watching the trading of Vietnamese EV start-up VinFast Auto is like a graduate-level course in the stock market, presenting lessons it typically takes seasoned traders years to learn.

The stock (ticker: VFS) fell for a second consecutive day on Wednesday, dropping 11% to close at $41.27. The S&P 500 and Nasdaq Composite rose 0.4% and 0.5%, respectively.

Only 11% is a modest move for VinFast stock. The average swing over the 12 trading days since the company merged with a special-purpose acquisition company and changed its stock symbol to “VFS” is 50%, up or down.

The first lesson is that any day’s move is basically a coin flip. VinFast stock has risen seven times and fallen five times. If investors look back to when the SPAC merger was approved, triggering a surge in volatility, the totals are eight rises and seven falls.

The second lesson is that volatility begets more volatility. When stocks jump or drop, big moves tend to follow, like aftershocks after an earthquake. Rarely do investors collectively take a stock up 255% in a day—it happened to VinFast on Aug. 15—and then decide it is perfectly valued.

Lesson three is about value. Sometimes the market doesn’t reflect the intrinsic value of an individual business.

The SPAC merger valued VinFast at about $23 billion, which is more than Rivian Automotive ‘s (RIVN) market capitalization. Rivian delivers more cars than VinFast, but $23 billion is in the EV start-up ballpark and is the level where VinFast and a group of investors felt good about a deal. At its intraday peak of $93 a share, VinFast stock was worth about $215 billion, closer to Toyota Motor (TM) than Rivian.

Wednesday’s move left VinFast with a market capitalization of about $96 billion. That moves it to the fourth-most valuable automaker on the planet, behind Porsche (P911. Germany). Tesla (TSLA) and Toyota (TM) are one and two. China’s BYD (1211. Hong Kong) is a hair behind VinFast based on data from FactSet . Ford Motor (F) and General Motors (GM) shares are worth about $94 billion combined.

The fourth lesson is there are other ways to check whether the market is being rational. Vingroup (VIC. Vietnam) owns almost 1.2 billion shares of VinFast stock, which is worth almost $50 billion, but Vingroup’s market capitalization is only about $9 billion.

It is up roughly 10% since “VFS” started trading, but the move doesn’t reflect Vingroup’s VinFast holdings. That tells investors either that there is an arbitrage opportunity in Vingroup stock or that few think the VinFast valuation is real.

The fifth lesson is that volatility attracts traders. More than 100 million VinFast shares have traded over the past 12 days. There are only about 17 million or 20 million shares not held by insiders available to trade. That means the average holding period for VinFast stock recently has been less than two days.

A final point to remember is that in the long run, cash flow and earnings will ultimately determine what VinFast stock, or any stock, is worth.

Barron's

[powerbattles]

I am here for the stock that may be set to bounce back.

[$Pistol Pete$]

Nope….it will be less than $10

[Dennisb68]

Tomorrow we break our losing streak and trade higher.

[Carjockey2]

I'm holding 6,400,000 shares over there darling...

Lol

[Carjockey2]

You answer my private messages thank you..

[magacrew2020]

pretty much over now. warrants unlock monday.

[powerbattles]

$17.60 Bottom yet?

[T695]

Who are the idiots buying warrants on this lmao

[Surfacetite]

Party looks over for now.

[PennyPusher786]

Referring to Warrants

[2020Benzo]

Waiting for $18-$20 bounce to $30

[Dennisb68]

You have the right stock?

[Dennisb68]

Looks like we have seen the low of the day and now it's higher into the close.

[PennyPusher786]

I got out at $6 wasn't lucky enough to ride it to 10... but this was expected... Who knows, it can pop again within a moments notice but i would wait until it bottoms out for certain ..

Keep an eye on the warrants too they don't trade the same. Past few days warrants were trading stronger than the common shares

[riha]

is that not what we have seen in almost every SPAC ev IPO?

YAY quick jump!... boo slowly fall.

[Surfacetite]

Drops a little each day.

[$Pistol Pete$]

Getting worse that’s all I can tell

[riha]

missing a zero? More like a decimal point.

[$Pistol Pete$]

Let’s see how it play out. Maybe just another dream for $100 but missing a zero

[riha]

oh man, i got in at $22 and out at $67...

still holding my 88 cent warrants though with a strike price of $11.50.

sorry Hercules1 and MT101... hope you had fun. If you have warrants, hold.

[Pennsy]

Hell no! I was late to the game at $55 but sold too early at and missed the top. Hope we see another one like that next year! Good day.

[Dennisb68]

I could see a run back to $55 for a gain of about 33% from here.

[TheFinalCD]

38 SPECIAL

[Triple nickle]

It’s a nice ride

[Hercules1]

this is recovering today.

$100 break is still in the cards.

might take a week or so but it is going to happen.

[Hercules1]

recovery begins.

[Dennisb68]

Only if they sold. How about those that bought in the $80's.

[Dennisb68]

$100? That's the value of the entire company.

[Hercules1]

Actually stock is worth over $100.00

[Hercules1]

Let’s hope so anyway.

These shorts have to cover.

[riha]

Skyrockets tomorrow? Just like you said it would today?

[Hercules1]

This is a conglomerate.

Many fail to see that.


They will sell some of their other businesses to pursue their global ambition as it relates to EVS.

They are building a $5 billion dollar plant in North Carolina.

This is a damn good price.

This skyrockets in the morning.

[$Pistol Pete$]

This stock worth $5 not $50 IMO

[riha]

the warrants will be good in the long run... as long as they keep focusing on raising their total vehicles sold per year.

And ffs avoid anymore recalls Vinfast, please.

[magacrew2020]

didn't work out so well for AURC either