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aware against the oracle, I understand they try to focus on electric batteries (thus tablet pcs), but they build cheap imitations of other products (wouldn't want to crash in one of their cars, lol), and so they should expect others to do the same to them once they come up with some new patented battery technology... + after 20minutes I gave up the search for their annual report, hopefully for the oracle the concealment is beneficial (60% rise in capex, 400% rise in q4 profit), perhaps real opportunities, not just giddy management flush with cashwould appreciate if someone gave a link to their fin statements
http://bydit.com/userfiles/attachment/e.byd-ANNUAL%20REPORT%202009.pdf
http://bydit.com/doce/investor/BasicInformation/
Would need to be converted from Hong Kong Dollars.
Good luck,
Thanks!
Any fresh analysis on BYD? It keeps hitting against a $2.00 floor and holding. Perhaps this is an opportunity to build a position, or an opportunity to get wiped out on the next ladder rung down. Thoughts?
Buffet and Munger said they bought this because they liked the management. In the long run we will see if they were right.
I really don't know what to do with this stock. There is hardly any coverage in the US on this Chinese stock. And the only reason I kept it was cause of Warren Buffet. Other than that I don't know what the hell i'm doing with this. It has run up recently and I don't know whether to hold or dump.