Micron Earning. Are you in or do you stay in the sideline. NFA.
Share Repurchase Incoming in December (opinion), after the the deadline for government subsidy requirement expires on Dec 9. Micron previous Earning call: Micron CFO: "We intend to increase our capital return. Over time, we expect to return 100% of our excess cash to shareholders." Analysts: "So you're saying 100% will go back to shareholders. I assume the vast majority of that is in buyback...” Micron CFO: “We will hold what we believe is appropriate excess cash. Weve always said that we intend to grow the dividend over time. You saw us do a 30% increase recently, but the principal capital return we have will be share repurchase." Micron will release earning after the bell 30 Sep. Singapore investor will be sleeping at that time and will wake up with a surprise (up or down, but I bet
This is the worse analysis I have read so far. Estimating revenue is not just taking CAGR from the air. A respectable analyst will look at the details. Without the details, it is just a number game anyone can do. Revenue needs to be estimated from the point of view of cars to be delivered based on capacity and ASP. And useprofit margin that is in line with the current situation and the fact that Tesla is doing lots of cost reduction through operational efficiency and giga casting, eliminating many parts and costs.
Tesla sold 70,847 China-made vehicles in December-CPCA
BEIJING, Jan 11 - U.S. electric vehicle maker Tesla Inc sold 70,847 China-made vehicles in December, including 245 for export, the China Passenger Car Association said on Tuesday.Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 52,859 China-made vehicles in Novermber, including 21,127 that were exported.Chinese EV makers Nio Inc delivered 10,489 cars last month, increasing by 49.7% year on year, and Xpeng Incdelivered 16,000 vehicles. $Volkswagen