Kandi Technolgies Corp (KNDI)

[finvestor]

This SEC stuff is old dead and burried. SEC announced no action, gosh, over a year ago.

What matters are things like this:

[url][/url][tag]http://www.chinadaily.com.cn/beijing/2015-10/09/content_22143506.htm [/tag]

When China says it's going to build the infrastructure to support the 5 million EV's it plans on having on the streets in 2020 it just separates the speculation from the predictable. Even if they hit the target a year late it still means China will be selling EV's at a +1 million per year rate by 2020. KNDI has been the number one producer and may be again this year.
So if they can keep a 15% + share they will be doing at least 150,000 to 200,000 vehicles by 2020.
That makes the JV a 3 to 4 billion dollar business and the parts div a 2 to 2.5 billion dollar business.

With profits of 7-8$/share and a multi-year 250% plus growth rate what will the stock be worth around that time? A 20PE? A 30PE? Even at a 12 PE it will be over $84/share. at a 30 PE we are talking a +200$ stock.

and that is based on only reaching half the KNDI guidance of 400K ev's in 2020.
China is going to fix it's pollution, traffic and oil resource issues or at least give it one helluva effort. And that could certainly fix your portfolio over the next 5 years too.