Suggestions for a speculative punt?

Retireby40

Username999 said:

Retireby40 said:

We have seen whats happened with Tesla. Even if NIO stock doubled from around 46.0 it wouldn't be a bad return.

According to the charts I'm looking at:
NIO outperforms TSLA on the 3 month, 6 month and 1 year chart.

Yeah I worded that all wrong as Nio has outperformed Tesla in terms of % increase.

Its if Nio can continue the same way into the future. Have you invested anything in it and what is your view? I bought 10 shares a few weeks back around 40. Hoping to hold on to them and add to them month by month and hopefully 3-5 years down the line they have increased a lot.

csgohan4

Retireby40 said:

Username999 said:

Retireby40 said:

We have seen whats happened with Tesla. Even if NIO stock doubled from around 46.0 it wouldn't be a bad return.

According to the charts I'm looking at:
NIO outperforms TSLA on the 3 month, 6 month and 1 year chart.

Yeah I worded that all wrong as Nio has outperformed Tesla in terms of % increase.

Its if Nio can continue the same way into the future. Have you invested anything in it and what is your view? I bought 10 shares a few weeks back around 40. Hoping to hold on to them and add to them month by month and hopefully 3-5 years down the line they have increased a lot.

Nio is still speculative, very volatile their share price over the last 1-2 months.  together with Xepng, still on my watch list for now. If hey explode like SBE, then so be it, the former 2 are above my risk appetite at the moment

Retireby40

csgohan4 said:

Retireby40 said:

Username999 said:

Retireby40 said:

We have seen whats happened with Tesla. Even if NIO stock doubled from around 46.0 it wouldn't be a bad return.

According to the charts I'm looking at:
NIO outperforms TSLA on the 3 month, 6 month and 1 year chart.

Yeah I worded that all wrong as Nio has outperformed Tesla in terms of % increase.

Its if Nio can continue the same way into the future. Have you invested anything in it and what is your view? I bought 10 shares a few weeks back around 40. Hoping to hold on to them and add to them month by month and hopefully 3-5 years down the line they have increased a lot.

Nio is still speculative, very volatile their share price over the last 1-2 months.  together with Xepng, still on my watch list for now. If hey explode like SBE, then so be it, the former 2 are above my risk appetite at the moment

What is it that puts you of it? 
Frankly I haven't a real clue about it apart from reading about the plans, the government help and plans and the fact that the King himself Warren Buffett has invested in EV in China despite not holding in USA. Well that was if the report is correct.

For me its trying to get on something early and maybe having to ride out a few bumps and see where it is in 5 years time. 

Thrugelmir

csgohan4 said:

Thrugelmir said:

Retireby40 said:

We have seen whats happened with Tesla. Even if NIO stock doubled from around 46.0 it wouldn't be a bad return.

Going to have to ramp up their manufacturing output to achieve that. Chinese companies aren't going to be allowed to gouge their customers with high prices. 

Not sure if they can get the profit margins from the Chinese, they like things to cost cheap and not overly expensive.  They also don't have the rep say Tesla or Apple has when it comes to product pulling power. 

China operates a socialist market economy under the supervision and regulation of the Chinese Peoples Party. What they say goes. China is a vast market where volume is going to win the game. The Hongguang Mini is by far the biggest selling EV in China now. At around £3,300. Considerably cheaper than a Tesla. Until Tesla has a mass market car. Other manufacturers are going to continue to take increasing levels of market share. 

Retireby40

Thrugelmir said:

csgohan4 said:

Thrugelmir said:

Retireby40 said:

We have seen whats happened with Tesla. Even if NIO stock doubled from around 46.0 it wouldn't be a bad return.

Going to have to ramp up their manufacturing output to achieve that. Chinese companies aren't going to be allowed to gouge their customers with high prices. 

Not sure if they can get the profit margins from the Chinese, they like things to cost cheap and not overly expensive.  They also don't have the rep say Tesla or Apple has when it comes to product pulling power. 

China operates a socialist market economy under the supervision and regulation of the Chinese Peoples Party. What they say goes. China is a vast market where volume is going to win the game. The Hongguang Mini is by far the biggest selling EV in China now. At around £3,300. Considerably cheaper than a Tesla. Until Tesla has a mass market car. Other manufacturers are going to continue to take increasing levels of market share. 

Could again be rumours but apparently there were numerous positions for NIO jobs advertised in Norway. Only posted in last few days. Again that could be a stunt to cause more speculation and rumours and get more people buying into it. Who knows. But at £40-50 a share its something I'm willing to risk. 

Thrugelmir

Retireby40 said:

Thrugelmir said:

csgohan4 said:

Thrugelmir said:

Retireby40 said:

We have seen whats happened with Tesla. Even if NIO stock doubled from around 46.0 it wouldn't be a bad return.

Going to have to ramp up their manufacturing output to achieve that. Chinese companies aren't going to be allowed to gouge their customers with high prices. 

Not sure if they can get the profit margins from the Chinese, they like things to cost cheap and not overly expensive.  They also don't have the rep say Tesla or Apple has when it comes to product pulling power. 

China operates a socialist market economy under the supervision and regulation of the Chinese Peoples Party. What they say goes. China is a vast market where volume is going to win the game. The Hongguang Mini is by far the biggest selling EV in China now. At around £3,300. Considerably cheaper than a Tesla. Until Tesla has a mass market car. Other manufacturers are going to continue to take increasing levels of market share. 

Could again be rumours but apparently there were numerous positions for NIO jobs advertised in Norway. Only posted in last few days. Again that could be a stunt to cause more speculation and rumours and get more people buying into it. Who knows. But at £40-50 a share its something I'm willing to risk. 

NIO plans entry into Europe via Denmark. Seems sensible given the high penetration into Norway, Denmark and the Netherlands by VW already. Where Tesla is now clearly being outsold by a huge margin. There's demand to be filled. The delays to the Tela Berlin project aren't helpfull either. Americans and Germans are polar opposites when it comes to as how to do business. 

Retireby40

Thrugelmir said:

Retireby40 said:

Thrugelmir said:

csgohan4 said:

Thrugelmir said:

Retireby40 said:

We have seen whats happened with Tesla. Even if NIO stock doubled from around 46.0 it wouldn't be a bad return.

Going to have to ramp up their manufacturing output to achieve that. Chinese companies aren't going to be allowed to gouge their customers with high prices. 

Not sure if they can get the profit margins from the Chinese, they like things to cost cheap and not overly expensive.  They also don't have the rep say Tesla or Apple has when it comes to product pulling power. 

China operates a socialist market economy under the supervision and regulation of the Chinese Peoples Party. What they say goes. China is a vast market where volume is going to win the game. The Hongguang Mini is by far the biggest selling EV in China now. At around £3,300. Considerably cheaper than a Tesla. Until Tesla has a mass market car. Other manufacturers are going to continue to take increasing levels of market share. 

Could again be rumours but apparently there were numerous positions for NIO jobs advertised in Norway. Only posted in last few days. Again that could be a stunt to cause more speculation and rumours and get more people buying into it. Who knows. But at £40-50 a share its something I'm willing to risk. 

NIO plans entry into Europe via Denmark. Seems sensible given the high penetration into Norway, Denmark and the Netherlands by VW already. Where Tesla is now clearly being outsold by a huge margin. There's demand to be filled. The delays to the Tela Berlin project aren't helpfull either. Americans and Germans are polar opposites when it comes to as how to do business. 

Is it an area in stocks where you would be buying into or interested? I don't know enough about it to put anything super significant into it. I'm happy dipping the feet into the water and putting a few quid in here and there with the hope that by 2025 they will have achieved their goals. Even by 2030. 

Thrugelmir

Retireby40 said:

Thrugelmir said:

Retireby40 said:

Thrugelmir said:

csgohan4 said:

Thrugelmir said:

Retireby40 said:

We have seen whats happened with Tesla. Even if NIO stock doubled from around 46.0 it wouldn't be a bad return.

Going to have to ramp up their manufacturing output to achieve that. Chinese companies aren't going to be allowed to gouge their customers with high prices. 

Not sure if they can get the profit margins from the Chinese, they like things to cost cheap and not overly expensive.  They also don't have the rep say Tesla or Apple has when it comes to product pulling power. 

China operates a socialist market economy under the supervision and regulation of the Chinese Peoples Party. What they say goes. China is a vast market where volume is going to win the game. The Hongguang Mini is by far the biggest selling EV in China now. At around £3,300. Considerably cheaper than a Tesla. Until Tesla has a mass market car. Other manufacturers are going to continue to take increasing levels of market share. 

Could again be rumours but apparently there were numerous positions for NIO jobs advertised in Norway. Only posted in last few days. Again that could be a stunt to cause more speculation and rumours and get more people buying into it. Who knows. But at £40-50 a share its something I'm willing to risk. 

NIO plans entry into Europe via Denmark. Seems sensible given the high penetration into Norway, Denmark and the Netherlands by VW already. Where Tesla is now clearly being outsold by a huge margin. There's demand to be filled. The delays to the Tela Berlin project aren't helpfull either. Americans and Germans are polar opposites when it comes to as how to do business. 

Is it an area in stocks where you would be buying into or interested? I don't know enough about it to put anything super significant into it. I'm happy dipping the feet into the water and putting a few quid in here and there with the hope that by 2025 they will have achieved their goals. Even by 2030. 

Perhaps once I would have. When we are younger we are more impetuous. Convinced we know better that than those who have trodden similar paths before us. Now I prefer more smaller incremental gains than attempting to find the next 10 bagger. Though at times I do have high exposures to a single investment. If the investment case is compelling enough. 

adindas

Retireby40 said:

NIO could be one to look out for. China's plan to have 20-25% of all cars electric by 2025.

NIO also have been helped by the Chinese government who are clearly interested in helping cut pollution.

Its risky and there's their annual announcement on 9th January which could see a little movement. That's probably already been priced into the stock already.

We have seen whats happened with Tesla. Even if NIO stock doubled from around 46.0 it wouldn't be a bad return.

January 9, 2021 is NIO day. one of the catalyst that might move the price further.

https://finance.yahoo.com/news/nio-day-set-jan-9-164646482.html

I started buying NIO @ September 2020 when it was $17.05. And I keep Dollar Cost Avareging it (DCA). I will be adding my position If I could get it around $40-$45, looking into their potential. Like Tesla this is one of my ironhold stock that I will never sell it.  NIO Price target from CNN and WSJ

and from WSJ

You could find a lot of Anaysts Price Targets which will tell you the same thing.

Username999

Isn't 308 Chinese Yuan equal to $47?
So the "average price target" is actually down from current price.