Run........KYY and gang will be facing margin calls .

https://www.investors.com/news/china-ev-sales-october-2021-xpeng-li-auto-byd/?src=A00220

If you believe these speculators are giving their stock recommendations to help you make money, then you are very naive.

Be extra careful when speculators using huge margin borrowings start to promote their stocks.

They already bought a lot with huge borrowed funds under margin.

Becareful......KYY and gang ready to dump again.

When KYY says to buy, you better sell

Heavy dumping by KYY after recent promotion.

Run......
KYY and gang dumping.

It's the EV revolution.

https://www.cnbc.com/2021/10/26/teslas-china-sales-have-grown-to-nearly-half-the-sales-in-the-us.html

Tesla is one of D&O's major customers.

https://www.cnbc.com/2021/10/25/tesla-shares-up-on-news-hertz-will-purchase-100000-electric-vehicles.html

tesla cfo: there's a 'profound awakening' about electric carsit comes as no surprise tesla broke records again. folks are falling in love with electric cars, and tesla is the leader.

oct 22, 2021 at 8:49am et

3

by: evannex

this article comes to us courtesy of evannex, which makes and sells aftermarket tesla accessories. the opinions expressed therein are not necessarily our own at insideevs, nor have we been paid by evannex to publish these articles. we find the company's perspective as an aftermarket supplier of tesla accessories interesting and are happy to share its content free of charge. enjoy!

posted on evannex on october 21, 2021 by matt pressman

once again, tesla broke records and exceeded expectations for the quarter. but, its third-quarter earnings call was quite different this time around. as expected, there was no commentary from company ceo elon musk. instead, cfo zachary kirkhorn helmed the call with input from top execs. even without colorful soundbites from musk, there was plenty of surprising news.

above: growth for tesla is being led by the company's newest suv, the model y (source: evannex; photo by casey murphy)

kirkhorn's style, in contrast to musk, is more subdued. he's a matter-of-fact, no-nonsense numbers guy. when asked what's driving tesla's growth right now,  kirkhorn noted that tesla "completed the transition of our shanghai factory as our main export hub." giga shanghai is shipping cars to europe and asia and that's helping supercharge growth for the company.

around the globe, kirkhorn says, "the great thing that we're seeing in the space right now is there appears to just be quite a profound awakening of the desirability for electric vehicles. and i mean, to be totally frank, it's caught us a little bit off guard... folks want to buy an electric car and folks want to buy a tesla right now. it's very exciting for us."

however, with all the pent-up demand, there remains supply chain concerns and production constraints. according to kirkhorn, "we are putting an extreme effort to build as many cars as we possibly can. it's hard to overstate how extreme the efforts are. it's quite the grind. we're trying as hard as we can to maximize that capacity and to be able to meet the demand that we're receiving. but the net-net of all of this is that we're not able to increase production capacity fast enough."

"our backlogs are continuing to grow and average customer wait times are extending," notes kirkhorn. he added that if someone orders a tesla, the wait time "could be a couple of months, [or it] could be a couple of quarters."

so how can tesla take advantage of all this demand? in short, the company has to quickly ramp production at tesla's new gigafactories in texas and germany. according to kirkhorn, "it remains our target in both austin and berlin to be able to build our first production cars before the end of the year... [and] it's possible that we're spending the bulk of next year working on ramping these factories."

big picture — what's the forecast ahead? according to kirkhorn, "our goal is to get to millions of cars per year over the next couple of years and then ultimately, in the long term, be able to achieve 20 million cars per year. we're going to grow as quickly as is feasibly possible with an eye toward a 50% annual growth rate."

read more recent tesla stories:

tesla increases its market share in major markets to new records

the world's fastest-growing brand in 2021? tesla, up 184%

Even with chip shortages, EVs are breaking record sales. Imagine if there are no chip shortages.

https://www.cnbc.com/2021/10/20/tesla-tsla-earnings-q3-2021.html

The above Bloomberg report says that the global chips shortage has not affected electric vehicles sales.

https://www.bloomberg.com/news/articles/2021-10-19/byd-beats-china-benchmark-as-strong-ev-sales-offset-chip-worries?srnd=premium-asia

Patiently bargain hunt......

https://www.cnbc.com/2021/10/19/chinas-xiaomi-plans-to-mass-produce-its-own-electric-cars-in-2024.html

This company's golden years still lie ahead.

Their expanded capacity will be fully utilized by June 2022 and are planning another RM 300 million plant expansion before then.
This will involve a capital raising exercise possibly bonds/ warrants and bonus issues.

But coming quarters' results will not be goo bcos they closed more than 20 days in July and August bcos of covid infections.

But their coming Q3 results won't be that good bcos they closed down more than 20 days due to covid in July and August. They will make up only in Q4.

https://www.cnbc.com/2021/10/02/tesla-tsla-q3-2021-vehicle-delivery-numbers.html

They want to raise Rm200 million to RM 300 million later to build their plant 3......... possibly convertible loan stocks, bonus and warrants . They will reach maximum capacity by June next year....so they have to start the capital planning soon.

Their Q3 results won't be that great bcos they had to close more than 20 days bcos of covid infections.
But they will be able to make up for it in their Q4 results.

The next trigger point for price upgrade will be an inevitable bonus issue. The company cannot give much dividends bcos they need funds to grow further.....so, the only other way to reward shareholders is through a bonus issue to make the shares more liquid and accessible to everyone.

This company has a strong economic moat.....brand equity, patents, and strong distribution network.

EV super-cycle

null | https://www.klsescreener.com/v2/news/view/878499

Many don't realise that D&O is a brand owner..... the value of their brand is tremendous.

Their order book is already full until February next year....so what's the worry?

D&O is in the MSCI Small Cap index.....so international fund managers are interested.

Since they cannot give too much dividends, they are likely to give bonus issue.

@mrbusiness It's not possible for anyone to forecast the timing accurately, but the fact is that industry experts are anticipating a sharp decline in steel prices in the months ahead.

@mrbusimess. You have a very good question. My answer is that I have no personal opinion on steel prices. I just have no choice but to rely on the experts.

If industry research house ihsmarkit.com forecasts steel prices to drop sharply in Q3 and Q4 2021, how can share prices of steel companies go up further ?

If industry research house ihsmarkit.com forecasts steel prices to drop sharply in Q3 and Q4 2021, how can share prices of steel companies go up further ?

https://ihsmarkit.com/solutions/steel-forecast.html

https://ihsmarkit.com/solutions/steel-forecast.html

This is a mullti- bagger stock.

soonheng How did you know Hong Leong Value Fund acquired so many D&O shares?

They have fully vaccinated their workers since 23 August.

Good results despite MCO in June. Next 2 quarters will be even better.

All weak holders already flushed out.

https://www.cnbc.com/2021/08/12/nio-earnings-q2-deliveries-revenue.html

The proposed acquisition is very relevant and value accretive to D&O's business growth path.

Anybody want to sell this multibagger just because it has to close 2 weeks ?

The 2 week closure has no effect on their sales as they had enough stock holdings.