Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 222 Strategic cooperation, bargain hunting BYD!

"The rain keeps falling, the wind keeps blowing, who can make wine with me and discuss the world? Thousands of arrows are fired, murderous as numb..."
Big Wang’s new ringtone last month interrupted Wang Yi’s thoughts.
It was Song Sining who called:
"Boss, you go to BYD to discuss cooperation. I checked BYD's information last night and sent it all to your email. They are in a miserable situation right now, with both Hong Kong and A-shares plummeting!"
"Okay, Sining, you did a great job!" Wang Yi said with joy: "I like your right-hand man, who thinks about what the boss wants and worries about what the boss worries about!"
"Thank you for the compliment, boss!" Song Sining muttered: "It's not that I'm afraid that someone has too many things on his mind and can't take care of them, so I can only worry more."
Wang Yi smiled: "Thank you for your hard work. I'll mark your contribution and I'll add ham to you later!"
"???" Song Sining was confused: "What ham sausage?"
"The serious kind!" Wang Yi emphasized.
"Bah!" Song Sining blushed instantly, thinking of something bad: "It's not serious, please take your time and see, I...I...I won't pay attention to you!"
"Ha ha."
After saying that, Song Sining hung up the phone, her fair cheeks turned red, and she cursed:
"This guy is getting more and more excessive. It's true!"
"But, is this the legendary dirty talk between lovers?"
"No wonder I'm not angry!"
"Hmph! Bad guy!"
Song Sining looked out the window and couldn't help but think of the books she had read, which mentioned similar words...
Dirty talk, in some special situations, saying words that are usually forbidden to say can greatly stimulate the interest of both parties... This is called the 'forbidden fruit effect'.
But if it is excessive, it will be counterproductive. Therefore, it is best to set up a safe word...
"Is this dirty talk?"
"He's only a freshman, and he already knows this?"
The more Song Sining thought about it, the more confused she became. Her face turned red. She quickly shook her head and diverted her attention...
Wang Yi opened his mailbox, printed out all the BYD information sent by Song Sining, and then went out.
As for what will happen to HM?
Wang Yi provided the opportunity. Next, it all depends on the performance of HM's arch-rival, Zara's parent company.
Wang Yi just collected the corpses.
BYD is the focus of his attention!
Afterwards, Wang Yi and Wu Shuang went straight to the airport together.
Today I am going to BYD to inspect the anti-freeze batteries that are rated at minus ten degrees Celsius!
If possible, Wang Yi would not mind investing in it.
As for the Ningde era, this time point seems to have not yet been established.
Wang Yi remembers that CATL was established at the end of 2011.
It was only launched in 2018, and its glory will be in 2020.
No matter how glorious the subsequent Ningde era was, it would be of little significance to Wang Yi now.
In 2020, that is nine years later. Wang Yi cannot keep waiting for the Ningde era.
And because of Wang Yi's appearance, there will definitely be a butterfly effect.
This time, it is hard to say whether the Ningde era will be as glorious as the previous one.
On the other hand, you can definitely take a look at the current BYD.
Wu Shuang drove the car and went straight to the airport.
Wang Yi sat in the car, took out BYD's information and flipped through it one by one.
In order to raise more funds, BYD was listed on the A-share market on June 30, 2011, with an initial stock price of 18 yuan.
Subsequently, the stock price rose all the way to more than 30, with a market value of more than 77 billion.
But by October, BYD's stock price continued to plummet, reaching only about 16 yuan, with a market value of more than 40 billion.
Compared with the peak market value, it is almost cut in half.
As for Hong Kong stocks, it is even worse.
The current stock price is only about 11 Hong Kong dollars, and the market value is more than 35 billion Hong Kong dollars.
Wang Yi burst out laughing. This price was almost the lowest price.
After all, the price Buffett paid for his stake in BYD in 2008 was HK$8 per share, and he spent a total of HK$1.8 billion.
With the current price of HK$1.1 billion, it is not a big problem for Wang Yi to invest in BYD.
As for 2012, there may be a wave of lower prices, which can drop to around 10 Hong Kong dollars.
But it has little impact.
After a short period of silence, BYD's stock price will continue to rise, from ten Hong Kong dollars to twenty, thirty, eighty, one hundred, two hundred, three hundred...
Even more than ten years later, when the global economy is in dire straits, BYD's market value is still above HK$150.
Regardless of whether you look at it in the long term or in the short term, you can buy it at the current bottom of 11 Hong Kong dollars.
As for BYD’s stock price in October, why was it so low?
Song Sining also found out everything:
The main reason is that BYD's performance and profits are sluggish, seriously lower than expected.
"BYD's 2011 mid-year report shows that the company achieved operating income of 4.5 billion yuan, a year-on-year decrease of 77%; net profit of 7.5 billion yuan, a year-on-year decrease of 63%..."
With such performance, it’s no wonder BYD doesn’t collapse.
At the same time, BYD’s current liabilities are nearly 30 billion, short-term outstanding liabilities are nearly 25 billion, and current assets are only over 20 billion!
To put it bluntly, there will be a short-term funding gap of nearly 5 billion!
With such performance and such liabilities, even with Buffett as a talisman, investors ran away...
Secondly, if performance is sluggish, layoffs will be necessary.
In August, BYD carried out large-scale layoffs on the grounds of "organizational structure" adjustments.
Front-line sales staff were laid off by 50%, and even public relations, marketing, service and other departments were laid off.
Misfortune never comes singly. In September, the news that the airbags of BYD F3 cars could not be deployed, which even led to car crashes and fatalities, was reported again by CCTV's "Weekly Quality Report".
As you can imagine, this became the last straw that crushed BYD's stock price.
As a result, BYD's Hong Kong stock price has dropped from more than 80 yuan in 2009 to 11 yuan now.
The stock price of A shares has also dropped from more than 30 yuan in July to 16 yuan now.
Both bottomed out.
But this is cheaper for Wang Yi!
The enemy is fearful, but I am greedy!
If you don’t join BYD now, when will you wait?
What's more, Xingyi mobile phones use BYD's mobile phone batteries on a large scale, which can generate a lot of revenue for BYD, which can boost BYD's annual report and performance a lot.
More importantly, the reason for BYD's current failure is unclear to others, but Wang Yi knows it.
This is exactly the diversified development strategy that BYD started last year!
BYD's current main businesses, cars and batteries, already require money to be spent on research and development. It can be said that there is a bottomless pit.
They also want to diversify their development into home appliances, solar photovoltaics, computers, and even future cloud rails...
The results can be imagined: diversified development and diversified failures.
Wang Yi was shocked when he saw this information.
In his previous life, he had never heard of BYD home appliances, BYD computers...
There is only one result, everything fails!
As for BYD's photovoltaic business, it has not been profitable in ten years.
The photovoltaic industry in the future will be too complicated.
In other industries, it is still the case that one general achieves great success but loses all his bones.
The photovoltaic industry is in bad shape, but only corpses can be seen, but no gods.
However, even so, BYD's stock has an unlimited future!
At noon, Wang Yi landed in Shenzhen City, and BYD had already arranged for pick-up personnel:
"Hello, Director Wang, our boss has booked a hotel and will pick you up."
"It's time to work."
Wang Yiping said calmly, got in the car and went straight to the Intercontinental Hotel.
Arriving at the hotel, BYD shopkeeper Wang stood up and said with great joy: "Hello, Director Wang, welcome to Shenzhen City!"
BYD's current situation can be described as miserable.
Even Warren Buffett, the stock god, can't hold him back.
Now that a big benefactor like Wang Yi is here, he can't get what he wants!
"You're welcome."
Wang Yi smiled slightly, he still admired Shopkeeper Wang for his hard work.
A BYD and a Huawei are both types that engage in research and development in a down-to-earth manner.
If nothing else, BYD can achieve 100% independent research and development of electric vehicles.
Broadcom wants to choke on the price increase, but BYD can then launch a self-developed alternative, which scares Broadcom away from raising prices.
With this ability, there are not many in the world.
Compared with those garbage companies that only know how to make money by going public, BYD, a down-to-earth and enterprising hard worker, is Wang Yi's investment target.
After some pleasantries, BYD shopkeeper Wang got to the point:
"Dr. Wang, we attach great importance to the anti-freeze battery you need. But the time given is too short. At present, we can only provide anti-freeze protection at about minus 10 degrees Celsius at low cost. Basically, it is no problem at minus 13 degrees Celsius."
"As for antifreeze at minus 15 degrees Celsius, we can also make it, but the cost is too high. If purchased in bulk, it will cost more than 70 yuan, so it cannot be widely used."
Wang Yi nodded in agreement.
Currently, a 2500 mAh mobile phone battery costs about 40-45 yuan when purchased in bulk.
If you place a one-time order of 5 million, it won't be a problem to get the price down to 38-39 yuan.
But if it reaches 70+, which is almost doubled, the cost will be too high and it will be difficult to promote on a large scale.
Don’t look at the fact that a mobile phone only costs 30 yuan more. Five million mobile phones will cost 500 million yuan more!
It's not a small amount of money.
In fact, many technologies can do it, but the cost is too high and it is difficult to promote on a large scale.
Only when a low-cost solution is developed can it be commercialized on a large scale.
Wang Yixiao said: "I have great trust in BYD's strength in the battery field. I hope you can make low-cost minus 15-degree antifreeze batteries next year."
"That's no problem, I can guarantee it! We will start mass production by the middle of next year at the latest! Of course, the standard is minus 15 degrees Celsius anti-freeze, and considering that the phone heats up, minus 18 degrees Celsius is not a big problem."
Shopkeeper Wang vowed emphatically.
Just like the current antifreeze battery at minus 10 degrees Celsius, it will be fine at 13 degrees Celsius, and the phone will heat up by itself.
But when it is turned off, it can only support minus ten degrees Celsius, so it has to be anti-freeze at minus ten degrees Celsius!
"It will be mass-produced in the middle of next year and supplied in the second half of the year, which is fine!"
Wang Yi calculated the time, and it would be just in time for the second generation Xingyi mobile phone to be used.
That's right, it's a roll, roll it to death.
This year, iPhone, Samsung, and Xiaomi shut down at minus 5 degrees Celsius, while Wang Yi's temperature dropped to minus 10 degrees Celsius without shutting down.
Next year they will install anti-freeze batteries at -10 degrees Celsius, and Wang Yi will go straight to -15 degrees Celsius!
Just roll into death!
Shopkeeper Wang was overjoyed. The big order from Xingyi Technology was considered stable. It would be even better if we could have long-term cooperation.
He simply said: "Dr. Wang, how many antifreeze batteries do you need at minus ten degrees? I will arrange for the factory to start mass production immediately."
BYD's mobile phone battery business has invested a lot in research and development, but its revenue is not much.
No way, there are too many competitors.
There are countless battery suppliers, but those are the big customers.
There are more monks and less meat, which is not enough.
A big customer like Wang Yi, with a starting order of 5 million, is definitely a big financier and a super savior.
If it wins a five-million-dollar order, BYD's profits will increase a lot.
In the first half of this year, BYD's total profit was only 7.5 billion.
There is no way, BYD's territory is too big, it develops too many things, invests too much, produces too little, and burns too much money.
Wang Yi smiled slightly: "In the next year, Xingyi Technology is expected to need 15 million mobile phone batteries. What price can it give?"
"15 million!"
Shopkeeper Wang was startled, and then his eyebrows lit up with joy.
At present, BYD's market share in mobile phone batteries is not high.
Desai and the like are the absolute overlords.
Once these 15 million units are available, BYD's market share will be greatly increased.
The cost of antifreeze batteries can also be directly reduced to the lowest level!
Batteries are all products of large scale. The higher the sales volume, the lower the cost, the more competitive the market, and the more profitable it is.
To put it bluntly, the battery industry, like the chip industry, is all about scale effects.
Winner takes all!
For example, Qualcomm chips have the highest market share and make a lot of money.
Texas Instruments and Nvidia chips have low sales and low profits. In the end, they can't hold on and have to give up.
"Director Wang, to be honest, the purchasing cost of a 2,000 mAh ordinary battery is 37-40 yuan. You want 2,500 mAh, and if you purchase 15 million batteries at one time, I can give it to you at least 37 yuan!"
Wang Yi did the math and found that the price was a good deal.
After all, Xiaomi’s 1930 mAh battery costs 37 yuan per unit.
BYD gave Wang Yi a 2500 mAh model, which is also priced at 37 yuan, which is really not expensive.
"But if it is a 2,500 mAh antifreeze battery, the cost is higher. If you want 15 million units, I can give you 45 yuan. For external customers, it costs 50 yuan, and if the quantity is large, it will cost 47 yuan."
"45 yuan?" Wang Yi fell into deep thought.
Antifreeze batteries are 20% more expensive than ordinary batteries, but Wang Yi guessed that the cost difference is at most 10%.
However, considering the size, BYD has already sold 2500 mAh as 2000 mAh, so it will be difficult to bargain.
Wang Yi smiled slightly: "Let's put the battery aside for now."
"???" Shopkeeper Wang's expression changed slightly. Could it be that Wang Yi didn't want it because it was too expensive?
He quickly said: "Dr. Wang, if you feel it is not suitable, we can replace it with an ordinary battery and press 37 for you!"
Don’t let go of the big order from Xingyi Mobile Phones.
Wang Yi waved his hand: "The battery matter is not important. Let's talk about BYD."
"What about BYD?"
Shopkeeper Wang was stunned, then became excited and a little unbelievable: "You...you...you want to invest in BYD?"
BYD is in such a miserable state right now.
suffered continuous blows.
Especially for Hong Kong stocks, the stock price has halved again and again.
At this time, Buffett could hardly sit still, and no one was willing to invest in BYD.
Shopkeeper Wang is almost worried to death.
But Wang Yi actually wants to invest!
Can Shopkeeper Wang not be excited?
Wang Yi smiled slightly: "Shopkeeper Wang, I value your practical style. If the price is right, I don't mind investing in it!"
If you don’t buy BYD at HKD 11, will you buy it again when it rises to HKD 110?
More importantly, batteries are purely high-input, low-output, and place too much emphasis on market size.
Wang Yi has limited energy. He doesn't plan to work on lithium batteries in the short term, so he would just invest directly in a battery giant.
The Ningde era has not yet been established, and it started too slowly to keep up with Wang Yi's current development.
BYD is more suitable.
"Director Wang, we at BYD have indeed encountered some problems and we do need investment. If you are willing, you will definitely provide help in times of need. I will be grateful for the rest of my life!" Shopkeeper Wang said sincerely.
When BYD was prosperous, it was nothing to invest.
But when BYD was at its worst and most difficult, Wang Yi was definitely a great benefactor when he came to invest!
Just like Buffett in 2008, investing in BYD caused BYD's stock price to skyrocket.
Now if Wang Yi invests again, BYD can get out of the quagmire!
Wang Yi smiled slightly: "I am more optimistic about the Hong Kong stock market. What price can you give me?"
"Hong Kong stocks..." Shopkeeper Wang understood that Wang Yi, like Buffett, was here to buy the bottom.
But this is better.
At present, Hong Kong stocks have dropped from more than 80 Hong Kong dollars to 11 Hong Kong dollars, and still not many people are buying.
It can only be said that poor performance, terrible liabilities, and car quality problems have caused capital to lose confidence in BYD.
The massive layoffs in August made people feel that BYD was about to go bankrupt and run away...
Under such circumstances, it is strange that some people are optimistic about BYD's future.
Shopkeeper Wang thought for a while: "Director Wang, if you want 50 million shares, I can give you HK$5 per share."
Wang Yi waved his hand: "Let's just do it, 1 billion Hong Kong dollars, 100 million shares! Sign the agreement first and pay it off within half a month!"
According to the exchange rate in October 2011, 1 Hong Kong dollar is equal to 81,739 yuan.
1 billion Hong Kong dollars, which is 173.9 billion yuan.
It is better to pay it off within the next half month, which is no pressure for Wang Yi.
There is no need to even use the domestic market. Since the HM plagiarism incident, the international market has exploded.
Coupled with the opening of overseas flagship stores and specialty stores, the daily international profit exceeds 30 million knives and 200 million yuan.
You can make this money in four days!
No pressure at all.
"This..." Shopkeeper Wang was still hesitant.
He was very happy with the investment of HK$1 billion.
But the price of HK$10 per share is a bit low.
Seeing shopkeeper Wang's hesitation, Wang Yi didn't care and continued to throw money: "One billion is not enough, then 2 billion or 2 billion Hong Kong dollars, 200 million shares!"
"This... is good!"
Shopkeeper Wang agreed.
With HK$1 billion, he was still a little hesitant, but with HK$2 billion, he really couldn't hesitate anymore.
Hong Kong stocks fell by HK$11 from the previous level of more than 80.
If no one invests anymore, BYD's stock price may continue to fall.
Investment institutions' expectations for a decline in BYD's performance did not end until the second half of 2012.
To put it bluntly, BYD's performance has not improved, and the stock price will be difficult in the next year!
Now with Wang Yi's 2 billion investment, BYD's share price can rise a lot.
Definitely.
More importantly, BYD currently has short-term liabilities of 25 billion and current assets of only about 20 billion.
There is a funding gap of 5 billion. We are so short of money that we urgently need Wang Yi’s 2 billion Hong Kong dollars to fill the gap!
As for BYD's stock price in 2012, will it hit another trough?
Wang Yi doesn't care.
As a reborn person, he knows that BYD's stock price will rise to HK$25-30 in February or March next year, and he can take advantage of the good news to reduce his holdings and cash out.
Wait until the subsequent plunge, then take heavy positions to stabilize the stock price.
It's just a capital operation.
Wang Yi will not hold on until he dies like Buffett.
On the contrary, Wang Yi is optimistic about BYD in the long term and bearish on it in the medium term. He will increase his position at low prices and reduce his holdings at high prices.
According to the current market performance, after BYD's mid-year financial report is released next year, it may even fall.
Wang Yi remembers that BYD's lowest price will appear in July and August next year, which is also about 10 Hong Kong dollars.
At that time, this news was on the hot search, and the title probably meant, 'BYD's market value plummeted by more than 30 billion again...'
However, after 2013, there are no more BYD shares worth about ten yuan.
Later, you can hold it for a long time and reach the peak.
Wang Yi may not be able to remember the important nodes of other stocks.
But anyone who wants to trade in stocks has studied important nodes like BYD, a bullish stock.
Although Wang Yi in his previous life only studied it for a while and was persuaded to back out by the market...
Shopkeeper Wang picked up the wine glass and said with great excitement: "Dr. Wang, thank you for your timely help. Thank you so much! I dedicate this glass of wine to you!"
Wang Yi also picked up his wine glass: "You're welcome, I'm just optimistic about BYD and think BYD will definitely be able to rise back in price!"
"Dry!"
The two drank it all in one gulp.
Then, Wang Yi changed the topic: "Now that the big things are settled, it's time to talk about the smaller things. Now that I have become a shareholder of BYD, the money will not go to outsiders. From now on, the batteries for Xingyi's mobile phones will be sourced from BYD!"
Shopkeeper Wang’s smile became even stronger, this is the benefit of strategic cooperation!
"Dr. Wang, don't worry. Since we are all a family, the price of the antifreeze battery will be given to you at a super low price, even at cost. Don't just 45 yuan, just 40 yuan."
Wang Yi said, Shopkeeper Wang cannot be ignorant:
"Frankly speaking, at this price, the first 5 million pills are not profitable at all. After 5 million pills, there is only a small profit. But who said that we are our own family!"
"Haha, it's refreshing, that's it."
Wang Yi beamed with joy: "Sign an order for 15 million units directly. How about the production capacity?"
"Don't worry about the production capacity. We started out by making batteries. With an order of 15 million units, we can open more production lines and produce 3 million antifreeze batteries a month. The supply will be completed within five months. It won't be a problem."
Wang Yi nodded: "Okay, this is a suitable arrangement. Before November 15th, give me one million first."
"no problem!"
"As for the follow-up, I guess you have to increase the production line!" Wang Yi smiled slightly: "When Xingyi mobile phone becomes popular, bring your antifreeze battery to the fire, and other mobile phone manufacturers will follow suit. When the time comes, you will be there.
Earned.”
"Haha, thank you very much, Mr. Wang." Shopkeeper Wang smiled even more on his face.
Wang Yi is such a noble person!
Investing HK$2 billion in BYD will not only alleviate its current debt crisis, but also increase the confidence of shareholders and capital, raising BYD's stock price and market value.
It also brought in a large order of 15 million batteries, as well as tens of millions of orders from other friends.
This is the case in the mobile phone industry. When something becomes popular by one brand, other manufacturers will follow suit.
Wang Yi changed the topic: "As a shareholder of BYD, I also hope that BYD will get better and better, and the stock price will get higher and higher. If anything happens, we can discuss it. However, the anti-freeze batteries at minus 15 degrees Celsius must be given priority to Star
Yi Technology!”
Shopkeeper Wang nodded quickly: "Don't worry, Mr. Wang, the antifreeze battery at minus 15 degrees Celsius will be exclusive to Xingyi Mobile Phones for the first two months! After two months, the production capacity will increase and we will supply it to other brands!"
"Okay, happy cooperation!"
Wang Yi was very happy, he likes such upright suppliers.
What is privilege?
This is the privilege!
A privilege obtained by spending HK$2 billion.
Of course, in a few months, this 2 billion Hong Kong dollars will grow to 5 billion Hong Kong dollars.
Investing in BYD, Wang Yi is not making a random investment!
How about investing more?
Wang Yi fell into deep thought.
At the moment, Meiyou only has a small amount of funds to spend.
First, the cost of mobile phone components will be paid in batches in the next few months. The money for the first two months has already been prepared, so there is no pressure. Later, the sales of mobile phones will make the money back, and there will be no problem.
Second, the money to acquire LTE patents.
The money earned in Meiyou's account is enough.
Third, the cost of research and development of chips and basebands.
In total, it requires 3 billion a year, but in the early stage it only costs wages and recruiting people, which is not much. It is only when the tape-out begins that the money starts to be burned.
The funds in Wang Yi's hands not only include considerable current cash flow, but also short-selling HM and cashed out 3 billion.
Of these three billion, based on the current stock price of HM, Wang Yi only needs to pay 2 billion.
If the parent company of Zara works hard and the stock price of HM continues to plummet, then it will only need to pay one billion.
Equivalent to a wave of short selling, Wang Yi made a net profit of 2 billion.
Coupled with the money that Meiyou will make in the next half month, even if it invests another 2 billion in BYD, it will be no problem.
Is it a good deal to use the money from shorting HM to buy BYD at the bottom?
"Wang Dong, Wang Dong..."
Seeing Wang Yi deep in thought, Shopkeeper Wang couldn't help but said.
Wang Yi smiled: "Is BYD very tight on funds now?"
"What do you mean? You want additional investment?" Shopkeeper Wang's eyes were filled with laughter:
"Yes, we are short of money. We are so short of money. BYD is investing in and building factories everywhere and is very short of money. Director Wang, do you want to invest more?"
Wang Yi nodded: "Yes, at the price of 10 Hong Kong dollars per share, I will add another 1.5 billion Hong Kong dollars, but the money will be received within a month!"
The first tranche of HKD 2 billion was completed within half a month, no pressure.
The second tranche of 1.5 billion Hong Kong dollars was completed within a month, and there was no pressure.
Meiyou’s current revenue is enough to support it.
What's more, there is still 3 billion shorting HM!
"Okay, no problem! No problem at all!"
Shopkeeper Wang was so excited that he immediately walked closer and held Wang Yi's hand:
"Dr. Wang, you are truly my noble man, thank you, thank you so much!"
Wang Yi smiled: "I'm serious. Frankly speaking, I am also short of money at the moment, but I still want to help you tide over the crisis first! Our Xingyi Technology will not expand for the time being."
"Thank you, thank you." Shopkeeper Wang was very grateful.
At this time, I feel that BYD is doomed.
Wang Yi will make additional investment, buying 3.5 billion shares!
What a noble person, sponsor!
Even better than Buffett.
Soon, the lawyers drafted the investment agreement. After the lawyers of both parties confirmed that it was correct, the contract was officially signed.
At this point, Wang Yi became one of BYD’s major shareholders.
He holds more shares than Buffett.
There is no need to hesitate in this kind of business that makes money steadily.
Later, Wang Yi looked at Shopkeeper Wang: "Don't worry, although I have become BYD's major shareholder, I will not interfere too much in BYD's current decisions."
"Thank you." Shopkeeper Wang was sincerely grateful.
Wang Yi, on the other hand, couldn't help but laugh. He should just follow BYD's development.
After a few months, in a favorable situation, part of the holdings will be reduced at a high level, which will not cause too much fluctuation.
If BYD's stock price reaches the bottom next year, add more positions and buy it back!
No way, Wang Yi invested 3.5 billion, but he couldn't stop the plummeting next year.
Force majeure factors are too severe, such as Buffett's cancer, the 26 Incident, etc., continuous losses, and performance is not outstanding...
It’s better to take advantage of the good news in March and reduce some of the high holdings to cash out. BYD’s stock price collapsed in June, and Wang Yi’s strong increase in positions will stabilize the stock price!
If you sell and buy once, it won't be a problem to make billions.
When the time comes, Shopkeeper Wang will probably beg Wang Yi to participate in the decision-making.
At present, Wang Yi, as one of the major shareholders of BYD, rushes to participate in decision-making. It is meaningless, and maybe shopkeeper Wang will find it annoying.
When BYD takes a detour and its stock price plummets in the middle of next year, and it feels completely painful, it will beg Wang Yi to participate in decision-making.
For example, BYD is currently making home appliances and computers...
Wang Yi said, don't do it, you will suffer heavy losses and will definitely fail. Will shopkeeper Wang listen?
Won't!
Wait until the stock price plummets next year before you listen!
There are some southern walls that only when you really hit them do you know how to deal with them.
The long-term cooperation with BYD is of great benefit.
For example, if the follow-up Xingyi mobile phone is sold out, and the production capacity of its own factory is not enough, it can be made by BYD.
()
Chapter completed!
Prev Index    Favorite Next