NIO Inc.
ลดลง

NIO SHORT to $5.70, then $4.0

ที่อัปเดต:
NIO - Chinese automaker

Fundamental
According to carnewschina.com in Q1 2023 year NIO sold 31,041 EVs - 2.46% only.

"Nio is currently having difficult times in China. Because of the price war, its sales declined, resulting in a noticeable revenue decrease. So, Nio was forced to also join the price war by cutting the cost of every model by 30,000 yuan (4,200 USD). They are obviously in need of keeping the customers’ demand high. The newly launched ET5 Touring can help them for a short period. But station wagons don’t sell hot in China. So, Nio has to push its international deliveries to start as soon as possible."
read NIO to hit the Europe soon. - I can't believe it. European market is not empty. Volkswagen, BMW, Tesla, Toyota, Honda, Hyundai and many others sell a lot right now. Top EU Electric Cars

I watched a lot of presentations, reviews. Nio EV's are really good. But the prices..

Y/Y
Gross Margin % 7.73
Operating Margin % -37.06
Net Margin % -35.01

Income -2463.40M
Sales 7.03B

Cash is melting, debt is growing.

Technical
NIO's chart goes down in the channel.
Just now price is
- near the top level of downtrend channel - Resistance $10.5
- RSI 23 is 63% (bounced from 70%). Always when RSI is on this level the price falls 30% min.
- next strong support level is $5.70


Conclusion
NIO chart is going down in the channel.
Buy for $5.70, then $4.0 and keep for 2-3 years.
บันทึก
U.S.-listed shares of Chinese electric vehicle (EV) makers Li Auto
2015, Nio Inc NIO and Xpeng Inc XPEV added between 1.5% and 2.8% as China unveiled 520 billion yuan ($72.3 billion) worth of tax breaks to boost sales of EVs and other green cars over the next four years.
บันทึก
and at the end of the day... -3%
"sell the fact" works
การซื้อขายยังคงดำเนินอยู่
Chinese electric-vehicle maker NIO (-5.77%) said it was offering $1 billion of convertible bonds.
Convertible bonds can be turned into shares in the company, potentially diluting existing holders of the stock but allowing the company to borrow money and lower interest rates than with standard corporate bonds.
(barrons.com/articles/nio-stock-convertible-bonds-43911c83?siteid=yhoof2)
การซื้อขายยังคงดำเนินอยู่
สแนปชอต
On Wed, 01/31/2024 - reached $5.70
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สแนปชอต
4/15/2024 - reached $4.0 price target.
chineseEarningsEVFractalNIO

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