by winston » Wed Apr 10, 2019 4:42 pm
not vested
BYD COMPANY(1211)
Analysis:
BYD has actively opened up the supply chain system to promote the outside supply of power batteries and spare parts, thereby inspiring the vitality of enterprises and enhancing their competitiveness.
With the breakthrough and accelerated implementation of the transformation project, the company`s future development momentum is expected to be strengthened.
We hold the judgement that 2018 H1 will be a low point for BYD`s automotive business and the new energy vehicles and conventional fuel vehicles will exert their power in H2, which will help the company`s profit bottom out.
In the first quarter of 2019, the company`s performance fore cast will achieve high growth (583%-779%), and it is recommended to pay attention.
Strategy:
Buy-in Price: $50.00, Target Price: $63.00, Cut Loss Price: $40.00
Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"