BYD 1211

[kuala888888]

hi
i am a newbie here ,
i had bot byd at 78
and look for a price to average to
get out .
any advise here ?
i think it is dangerous now as the year is closing and fund manger is going for holiday .

BYD may be researching use of Vanadium in their batteries to improve
capacity(range of car). Article implies that new BYD factory may have
been built in area close to China's Vanadium source.
http://www.theglobeandmail.com/globe-in ... s/featur...

[winston]

Hi kuala88888,

Welcome to InvestIdeas ! May your stay be a happy and profitable one.

Cant really advise you on this company. I'm actually looking for a right time to short it

In the meantime, I'm enclosing a report from Daiwa for your perusal:-

==================================================

DJ MARKET TALK: Daiwa Ups BYD Co To Outperform, Ups Target 573.6%

0848 [Dow Jones] STOCK CALL: Daiwa upgrades BYD Co. (1211.HK) to Outperform from Underperform on strong sales of autos and promising outlook for electric-vehicle business.

"We believe the stock's current high valuation mainly reflects the market's high expectations for its electric-car business." Raises DCF-based target to HK$83.59 from HK$12.41. Notes, auto sector major earnings-growth driver for BYD in 2009 and expects strong trend to continue in 2010 and beyond.

Source: Dow Jones Newswire

[kuala888888]

thank you very much .

shorting is the way toward year end ,
but i am not good at shorting .
just open an cmc market account,..
but not short yet .

must find some time to paper trading first.

thank you for sharing .

[Aspellian]

Welcome Kuala888888,

I dun track BYD actively, but here are my observations.
Purchase price 78, current price 66. Unrealised loss of 15%.
Market has rose sharply in last 2 weeks, not sure how BYD has performed. Maybe market can go much higher for another 20% to 50% and BYD will be pulled along and even breached 80 and yippie - breakeven? i not sure and it could be wishful thinking.

Averaging could be dangerous. Cut loss is always another option (there are many threads of this in the forum).
it really depends on your investment style.

Better get out before Winston start to short.

[iam802]

Slow day (or perhaps weeks ahead).

Joining in with a chart. I am not vested.

----
1. BYD has a bearish cross back in November 10.

2. Currently, support can be found at $66.80 based on the Chikou Span support.

3. Price is still above the kumo level which suggests that the uptrend is still intact and may be supported.

4. Stochastics shows that it is approaching oversold territory. Will there be a rebound from here?

[kuala888888]

thank you very one .

i guess my back side is really icthy to jump in .
sianz .....
now only 64.65

when it is very low ..you hope for new low every day and dare not buy...when it goes up a bit you hope that it will fall back to march low so that you can buy...but if it does not you just watch it rises everyday until your backside itch and then you jump in and the rest is gone with the wind....

BYD to fully support Nokia's phone charger recall

Nov. 18, 2009 (China Knowledge) - BYD Co Ltd<1211>, China's largest rechargeable battery maker, said that it will provide full support to Nokia's recall program of 14 million faulty phone chargers produced by BYD, sources reported.

BYD may have to pay approximately RMB 100 million to absorb all related costs.

Nokia previously said that it would replace the 14 million chargers prone to electrocution risk. The chargers were transported to the European and Latin American markets. The plastic covers of the faulty chargers could come loose and separate, exposing the charger's internal components and potentially posing electrocution risks if certain internal components are touched while the charger is plugged into a socket.

BYD said they are working closely with Nokia to deal with the issue, especially on how to solve the technical problem, and how to improve models that exhibit such risk, said the Chinese battery maker, adding that it expected the issue would not have significant impact on its finance, operating status, and future business.

Shares of BYD fell 4.18% to HK$68.8 on Tuesday.

[kennynah]

when it is very low ..you hope for new low every day and dare not buy...

this is the infamous "Fear"

when it goes up a bit you hope that it will fall back to march low so that you can buy

this is called "Hope".... i think nothing wrong having Hope... life is full of Hope... but we just make sure, we dont "hope" tio sala bola, ok...hahaha...

...but if it does not you just watch it rises everyday until your backside itch and then you jump in and the rest is gone with the wind....

this one..classic...they call it "Greed" ... but thanks to our new forummer "kuala888888", we now can term it as "BSI" (backside itchy)... i, for one, have had many many BSI experiences..i think, i ask someone to scratch for me, also cheaper...wahahaha



kuala888888 : a warm welcome to you ... you will see 802 post very nice charts now and then...complete with pictures of naked women w/in... just have to focus .. they are somewhere usually, within the "clouds"...

[kuala888888]

Chardan Capital Market LLC - ka ni nah .....


Buffett-Backed BYD Falls After Chardan Says ‘Get Off This Bus’

Nov. 18 (Bloomberg) -- BYD Co., the Chinese electric-car maker backed by Warren Buffett, fell the most in two weeks in Hong Kong after Chardan Capital Market LLC advised investors to sell the stock following a fivefold jump in the share price.

The company dropped as much as 7.6 percent, the biggest intraday decline since Nov. 2. It was at HK$64.35 as of the 12:30 p.m. trading break.

BYD is overvalued as it’s trading at 37 times next year’s earnings, a premium to peers, Chardan said. Investors replicating Buffett’s strategy have caused the automaker to surge since the billionaire’s Berkshire Hathaway Inc. agreed to buy a stake last year.

“It’s time to get off this bus,” Chardan said in a note to investors dated yesterday. “Given that electric vehicles remain years away from gaining meaningful penetration, we would recommend investors take profits.”

Chardan began coverage with a “Sell” rating and a 12- month price target of HK$40. That’s 42 percent lower than yesterday’s close.

Source: Bloomberg

[kennynah]

Chardan Capital Market LLC - ka ni nah .....

you calling me ?

[kuala888888]

pe kong - tolong tolong .
charles munger - pls help me !!!!
MidAmerican Energy Holdings , pls help me !!!!!

can anyone do something about this ? !!!!!!!!!!!