JB and ZJMY Holding Co (JBZY)

[Renegades17]

I think it's an interesting story

I'm attracted to the battery and electric vehicle story like everyone else here. It has huge potential and the stock could be significantly undervalued.

That said, there are many unknowns. We have little understanding of the pro forma balance sheet and earnings potential. There's unit expectations that are thrown out there by various sources, but nothing from the company to US investors. We have no clue about the margins, cash flow etc. either. Is this company adequately capitalized to capture the unit volume it's talking about? I have no clue...does anyone on this board have a clue?

As you can tell, I'm more of a fundamental investor. I care about valuation and financial projections. I'm ok with uncertainty, but I'd at least like to see the pro forma balance sheet. I also don't take numbers like shares outstanding at face value particularly when there are convertible securities out there. Equity is merely the most junior claim on the assets of a company. You have to understand the other components of the capital structure to assess a stock's value.