2D·

Byd 🥴

$1211 (-1.1%) It's not going as well as I'd hoped, but I still firmly believe that the company will soon be valued more in line with what it's actually worth. Still, the market is always right.

What do you guys think of BYD?

To me, it's similar to $9868 (+1.04%) a Tesla from China 🇨🇳

13 Comments

Alpalaka@Alpalaka

Is there actually any automaker whose stock price is looking good?
Excluding Tesla, that is

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DividendenMax@DividendenMax

@Alpalaka Since it's a cyclical industry… it's kind of tricky 🫣

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Basti92@BavarianLion

@Alpalaka Tesla has become more of a “vision of the future” these days—it’s not just a carmaker anymore 😉 Some cynics even call it a cult 😜

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TotallyLost@TotallyLost

@Alpalaka Maybe what happened to the airlines will happen to the car industry... nobody's really making any money. 😅

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GHF@GHF

I think BYD is one of the most promising companies in the electric vehicle sector, but for me, it’s no longer an investment opportunity.
It’s an incredibly capital-intensive industry; a fierce price war—especially in China—is leading to shrinking margins; the necessary expansion is stalling due to trade policies, particularly in the U.S. and Europe; and there’s a latent risk of an economic conflict with the U.S. So the outlook for the medium term isn’t all that rosy.

Fortunately, I managed to sell my shares half a year ago with a 4% gain.

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IDtodal@IDtodal

@GHF For these reasons, I ended up selling the rest of my position at a slight profit; I think the money is better invested in other stocks.

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DividendenMax@DividendenMax

@IDtodal You might be right for now. Still, I think that time will come.

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IDtodal@IDtodal

@DividendenMax May everyone who is holding on see better times again; for my own peace of mind, I feel better about reallocating the money

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Der O.@MMeier

@GHF I'm with you. I took some losses, but I'm still glad because things could have been much worse. Maybe we'll talk about this again later.
I'd also bet big on the battery business. CATL has performed a lot better.

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TradingHase@TradingHase

@GHF Yes, the automakers are all up against the wall. I'm still in the red because of the fake split. But I'm still confident in the company. Once the customs issues are resolved, things will surely start looking up again.

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GHF@GHF

@TradingHase I totally understand. I, too, think it’s a great company that’s on exactly the right track. I’m also certain that this company will come out on top against the competition.
However, I’m also very certain that, for the reasons mentioned above, the stock price won’t really perform well over the next few years.

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TradingHase@TradingHase

@GHF I share that concern. But it's the same for almost all automakers. Pressure is mounting, costs are rising, and customers no longer have the money to pay for all of this. That's why I expect that China and other countries with lower production costs will be able to take advantage of this.

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jkb92@jkb92

The weekly RSI is more oversold than it has been in two years. The same goes for $9868; for $1810, it’s even more oversold than it has been in nearly four years. In my opinion, selling now would be unwise. I’m also convinced of its long-term potential, but with the knowledge I have today about chart analysis and so on, I wouldn’t have bought in back then—I would have waited. Now the opportunity costs are just a bit higher 🫣

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