Warren Buffet Is Up 3,000% On This Electric Vehicle CompanyEveryone is always talking about Tesla and Nio in the electric vehicle space, but one of my favourite electric vehicle (and battery) companies is BYD. They are HUGE. Well worth having a bit of a Google around - especially YouTube for more information on them to see some of their cars and how they compare.
You can find BYD directly on the HK exchange via HKEX:1211 or on the US exchange via OTC:BYDDF or OTC:BYDDY (no one I've found understands the difference between these two in terms of which is best to buy).
The technical analysis dials below the chart you can find here: www.tradingview.com
002594 trade ideas
BYD to Sell 1,500 Cars in Norway by End-2021BYD ( HKEX:1211 OR OTC:BYDDF OR OTC:BYDDY ) is quite probably my favourite Electric Car Company with the biggest future - even potentially greater than Tesla, but it is SO much more than that. It is a massive company that does everything from producing its own cars, buses, trucks, electric bicycles, forklifts and rechargeable batteries.
Its profile suffers because it is a Hong Kong listed stock, and can only be purchased on the OTC markets in the US. You can buy either of OTC:BYDDF OR OTC:BYDDY
Oh and did I mention Warren Buffet owns a bit under 9% of the company.
One to watch.
BYD CompanyCan Trade under:
BYDDY - Foreign OTC (Expect ADR Fees)
BYDDF- Domestic OTC
(Don't take this as law)
Mission:
Technological innovation for a better life
During the daytime, solar farms capture the power of sunshine;
at night, energy storage systems deliver power to families.
Electric vehicles on the streets and SkyRail systems along green belts
connect the city with zero emissions and zero pollution.
We provide more possibilities for a better life.
We see a new energy future approaching.
This is the mission of BYD, and the green dream of all mankind.
Recent News:
1. Alexander Dennis Limited (ADL) and BYD UK jointly announced today that ADL and BYD will commence the design and assembly of chassis for the BYD ADL partnership's electric single and double deck buses for the British market, ensuring completed vehicles are built in ADL's facilities in the UK. ADL is a subsidiary of leading independent global bus manufacturer NFI Group Inc. (NFI), while BYD is a global leader in batteries, energy management and electric mobility.
2. Bogotá, Colombia - BYD is proud to announce that it has exclusively won cumulative orders to supply 1,002-unit pure-electric buses to the capital of Colombia, Bogotá. This tender was open to all bus technologies, yet BYD won the trust and cooperation of its partners in the fiercely competitive bidding process thanks to its cutting-edge technologies, products and services. This is the largest order for pure-electric buses outside of China to date, which sets a new record in sales volume for the overseas pure-electric bus industry.
3. Hokkaido, Japan - On December 22, BYD and the three-time Japanese Series winners the Hokkaido Nippon-Ham Fighters (“Fighters”) jointly announced a strategic partnership agreement on transportation for the Hokkaido Ballpark F Village (“F Village”), which is slated to be opened in 2023.
By 2023, F Village will also build a brand new baseball stadium known as "ES CON Field Hokkaido", which will also be the main training ground for the Hokkaido Nippon-Ham Fighters, a leading team in the Nippon Professional Baseball Pacific League.
What do you think?
Like, Follow, Agree, Disagree!
Eyeing up BYD againOne of my favourite stocks, BYD, has corrected quite sharply due to a pullback in China stocks due to stimulus ending - over 40% from the top. I believe we are forming at least an interim bottom and now's a good time to add to the position. BYD is a profitable electric car company with huge potential which is still valued far less than the likes of TESLA. It should continue to ride the EV wave as soon as the correction in Chinese stocks are finished. Unless of course, the wider market experiences a correction.
BYD - Nice opportunity to enter this momentum playBYD has recently been more in the spotlight due to the heated EV Space.
With BYD's superior financials and profitablity due to its wide range of products, the fundamental value that is strong and view pullbacks as entries to buy this a piece of this wonderful company.
BYD Co looking for new highs.The real Tesla of China? It's not $NIO.
$BYDDF. A BUY signal flashed Friday afternoon, bouncing off Fibonacci level.
This stock is on WATCHLIST, waiting for it to see rise above $27 to confirm an upward trend.
BYD Auto has the highest sales than NIO, LI, or Xpeng.
And having Warren Buffett as a primary investor is a big plus. Earnings coming up March 30th.
BYD expected to break the roofThe $210 roof was tested twice and the third time should be able to break through, as the overall sentiment for new generation electronic automobiles is quite positive.
$168 is the new bottom, with the SL max at 8%.
Entry Price: $182.50
SL: $167.60 (max 8% loss)
TP 1: $ 211.60 (15% gain; RRR - 1 : 2)
TP 2: $ 248.50 (36% gain; RRR - 1 : 4)
1211:HK - BYD - Buffet backed electric vehicles earnings + 3000%BYD came out with pretty strong earnings last Thursday with demand for their electric vehicles in China increasing. They are also actively working with partners in Europe and Australia to roll out their vehicles into more markets around the world. Could be worth a watch.
$BYDDY The Real $TSLA Competitor... Remains Overlooked.BYDDY
BYDDY Continues to be overlooked in the United States.
I originally provided information about BYD June 29th when the price was approx $15. Still a solid time to enter even now, Just need to find the entry point/
It usually follows the 50EMA, seems kind of over-extended right now, it should drop back to $38-$39.
Accounted for over 15% of all BEV's IN China last year... That means something.
The wide range of Fully Electric Vehicles:
-Buses
-Semi Trucks
-Coupe Cars
-Construction Equipment
Major Competitor with NASDAQ:TSLA ,
BYD.....The trend is your friend!Hello Traders,
BYD, the Chines EV-carmaker has risen (once more) to a new ATH at HK$ 164.- this morning. My price target called out at my latter analysis at HK$ 170 is close to be reached.
The move from the lows at HK$33.60 on March 23 is developing in a „base-channel“ (blue channel lines). The breakout of this channel, on July 3, gives more confidence that a wave 3 (alt: wave1 of one lesser degree) was underway and the corrective pullback to the level at HK$ 68.80 indicates that a wave 4 (wave 2 of one lesser degree) was done.
After that correction, the stock has risen to the levels now. Note how the move is advancing to the upper boundary of the trend channel (grey) and it makes it possible that the rise should come to an end. Maybe by extending above the upper line and creating a „throw-over“ or touching and reversing this line.
If a „throw-over „ is underway, price will exceed above the area of the upper line (at HK$170-180), more bullish potential exists!
A „throw-over is complete if prices „travel back“ below the upper line of the channel.
So I will monitor this stock closely and update the chart in the coming days ahead.
Have a great week....
ruebennase
Feel free to ask or comment!
Trading this analysis is at your own risk.
The editor is invested to this stock!