Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
RIDE: "cratered" stock.."severe cash problem"...plus a lousy review from Road and Track[color=red][/color]
Lordstown Motors (NASDAQ:RIDE) is another EV stock that attracted the bulls in 2021. However, its stock cratered last year, shedding over 50% of its value amidst incredibly challenging market conditions.
Lordstown Motors is facing a grim future as the company recently started deliveries of its flagship Endurance truck. A lousy review from Road and Track Magazine in November only exacerbated its troubles, casting further doubt on the long-term viability of Endurance. Perhaps even more concerning is Lordstown’s severe cash problem, which will hurt them even more once it ramps up production.
Sinking ship....RIDE is a terrible investment.
Over the past six months, the stock has lost 49.8%
Reliable report says "strong sell" on RIDE....F rating. This stock would have to improve just to reach "suck" status. This. Is. Bad.
Lordstown Motors Corp. (RIDE - Get Rating)
RIDE develops, manufactures, and sells Endurance, an electric full-size pickup truck for fleet customers. It is a North American light-duty original equipment manufacturer (OEM) focused solely on EVs for commercial fleet customers.
Its trailing-12-month ROCE, ROTC, and ROTA of negative 55.36%, 38.21%, and 52.20% are significantly lower than their respective industry averages of 12.76%, 6.38%, and 4.42%.
In terms of forward EV/Sales, RIDE is trading at 76.40x, which is significantly higher than the 1.25x industry average. Its forward Price/Sales multiple of 189.01 is remarkably higher than the industry average of 1.00.
RIDE’s total operating expenses rose 56% year-over-year to $154.85 million in the third quarter that ended September 30, 2022. Its net loss came in at $154.43 million, up 61.2% year-over-year. Its adjusted operating loss amounted to $33.76 million.
RIDE’s EPS is expected to decrease 7.7% year-over-year to negative $1.23 in the current fiscal year ending December 2023.
Over the past six months, the stock has lost 49.8% to close the last trading session at $1.47. It has a 24-month beta of 1.48.
RIDE has an overall F rating that translates to a Strong Sell in our POWR Ratings system.
It has an F grade for Quality and a D for Value, Stability, and Sentiment. It is ranked #46 in the same industry.
Link: https://stocknews.com/news/nio-nkla-ride-3-stocks-to-steer-clear-from-in-february-2023/
You need to be more factual. This is wrong.
The point of my post was to show that yihao has BOTH titanium alloy and zirconium amorphous based Liquidmetal capabilities—thus the Apple Watch ultra is a possibility.
Regarding your question/post, the article did say “zirconium based Liquid Metal” which LQMT has locked up from a patent perspective, so I do think it is Liquidmetal and not the two word version. Keep in mind that the translation of the China version almost always separates the words. Now, regarding LQMT being paid from honor. Won’t happen—didn’t happen with huawei either. Honor is not based in North America or Europe. My understanding is that revenue follows “the company sold to” not where the “cell phones are sold to”. It would be nearly impossible to track to the end user (consumer) sale location. Just my thoughts. I hope I’m wrong about this.
A perfect example of “the pot calling the kettle black”.
Since I try to always put links to my posts, here you go. This explains the phrase and it’s application to your post.
https://en.wikipedia.org/wiki/The_pot_calling_the_kettle_black
Just you? Interesting ??
This post is a goldmine of great info.
Good luck watts
2.3. Territories. Eontec shall take such action and measures as shall be necessary to ensure that Eontec Licensed Products are not sold or resold in or into the LMT Exclusive Territory by Eontec or any other party in the chain of distribution (whether as a part of a finished product assembled or produced by a third party or otherwise)…
1.21. “LMT Exclusive Territory” shall consist of the following countries the United States and the rest of North America and all of Europe, including the following countries: Albania, Andorra, Austria, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Liechtenstein, Luxembourg, Republic of Macedonia, Malta, Monaco, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, and the United Kingdom.
Apple Watch Pro may be “BRANDED” Liquidmetal! Listen at the 3:00 mark…
Sanxiang named little giant too: https://min.news/en/economy/654de242d60e2746deb1d440f2247aa6.html
Everyone knows Apple likes to pay after shipment. Stay tuned.
Laughing at peoples misfortunes….
Patently Apple disagrees with you....see the first paragraph of the article. Link was provided on purpose for your specific retort.
Updated--to show "metallic glass"
Apple patent today--article mentions "metallic glass" (Liquidmetal) AND the patent mentions: " In some cases, the enclosure component 110 may be a textured zirconia-based enclosure component. A textured zirconia-based enclosure component (or member thereof) may give a matte appearance to an exterior surface of the enclosure component 110 and the side surface 106 of the electronic device, as described above."
https://www.patentlyapple.com/2022/08/apple-invents-an-advanced-matte-finish-process-for-future-idevices-and-macs-using-a-zirconia-based-ceramic.html
https://www.patentlyapple.com/2022/08/apple-invents-an-advanced-matte-finish-process-for-future-idevices-and-macs-using-a-zirconia-based-ceramic.html
Link provided....lol
Catcher Technologies (maker of Apple Watch frame/case)—-revenues 6/22 vs 6/21
Qtr end June 2022 = $ 5,278,554,000
Qtr end June 2021= $10,401,910,000
A drop of 50%!!!!!!!! Guess who isn’t making as many Apple Watch frames! Guess who is?
Link: https://finance.yahoo.com/quote/2474.TW/key-statistics/
Horse is out: ethicon, oakley, apple, zyris, martin guitar.
Question: who are the enterprise level licensees of Liquidmetal? Name all you can….only licensees…and enterprise level. Thanks in advance!
Good point! Makes sense
Yep—Sanxiang’s revenue is looking real good—-and they said it amorphous zirconium for a downstream customer that is in the final stages of verification—that was as of 6/6/22. Perfect timing for Apple.
Apple typically negotiates payment only after products ship…so low revenue wouldn’t be indicative of Liquidmetal not getting paid by Apple and being a patent holding company as you said.
If Liquidmetal were just a container for patents there would be no need for a manufacturer supply agreement with yihao….(just to list one reason).
Be nice
Same. We all are. Good luck and best wishes! Please remember St Jude’s when this plays out. Hopefully soon!
Sanxiang zirconium at “FULL PRODUCTION”.
https://www.reddit.com/r/LQMT/comments/wk9e5i/sanxiang_zirconium_at_full_production/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Titanium supply shortages due to Russia and Ukraine conflict would make it very difficult and costly for apple to switch to titanium on a major scale. https://finance.yahoo.com/news/aerospace-industry-grappling-titanium-supply-190000457.html
Look at the other pic—-green highlighted. And remember that Sanxiang is partnered with yihao/eontec and Can’t sell zirconium based amorphous alloys into the consumer electronic markets due to the PLA and apple MTA. Also cannot sell onto USA. Thus….zirconium = Apple via Liquidmetal.
Read the green highlighted pic…that’s from Sanxiang too.
https://www.reddit.com/r/LQMT/comments/wk6ny2/january_26_2022_see_pic_yihaoeontec_at_full_order/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
January full capacity. Qtr end June raw material supplier sales way up and says it’s zirconium wearables is in final stage of customer development. Perfect timing for Apple. All proof provided….stock price to skyrocket soon!
You need to read the PLA, MTA, and the MSA for comprehension
According to this, yihao / eontec has “full order” of Liquidmetal products as of Jan 27th 2022. Full order translates to full capacity to me….Apple. This was shortly after signing the manufacturing supply agreements.
https://www.reddit.com/r/LQMT/comments/sdkbc0/horse_before_the_cartfinallytrain_has_the_left/?utm_source=share&utm_medium=ios_app&utm_name=iossmf