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therestofthestory

therestofthestory
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  • Kandi: The World's Greatest Non-Candy Company [View instapost]
    Entertaining take on Kandi... I especially liked the part that shows the labyrinth of business partner relationships.

    Nonetheless, I have been investing in KNDI for about six years now and the only thing that needs to be uncorked at this juncture is the Chinese EV subsidy payments to Kandi by the PRC (due this month) and the Chinese stimulus that will relieve any cash flow concerns and spark significant sales for EVs. This will allow the Chinese people and business partners to purchase Kandi EVs for next to nothing. Note that currently Kandi has the most EV sales in China. Stay tuned...
    Apr 7, 2014. 12:36 AM | 3 Likes Like |Link to Comment
  • Kandi Technologies: The Latest Bubble Stock? [View article]
    Oh yeah you are a professional that doesn't even know what line of business these stocks are in judging by your informational comment here!
    Mar 18, 2014. 09:01 PM | 5 Likes Like |Link to Comment
  • Kandi Technologies: The Latest Bubble Stock? [View article]
    First your Kandi is not an alternative energy stock so trying to make a correlation with the likes of PLUG, FCEL, etc. is nothing more than vudu statistics. This is like comparing the lake level of lake michigan with the butterfly migration. You do not demonstrate any hypothesis, level of confidence in your conclusion or anything that would be considered scientific. To sum this up, this is junk science and not statistics no matter how many pretty tables and charts you throw up (it is a pun).

    Next is you earlier comment regarding the SEC investigation. My take on you about this is you are regurgitating what Cramer spent an inordinate amount of space in his article yesterday via TheStreet. In regards to your comment on this subject, I will reiterate a post that demonstrates your lack of ability to understand the company and how to read a 10-K:

    "As a prudent investor I read the filings with the SEC. In particular it is at item 9. The issue relates to internal controls weakness to be addressed for priors prior to December 31, 2013. Management has made corrective measures since then. The weakness relates to ensuring independence in audit review within departments and to proper heads without conflict of interest. A company whom expands quickly will encounter this problem and will have to address it. This is the case with Kandi. What I took from the report is that despite this internal control weakness which has been fixed, the auditor has stated that all financial statements accurately reflect the material transactions.

    Prior to December 2013 there was little EV sales. So issue was caught on time before huge rampant growth. Also clean bill of health by SEC will ensure that institutions will drive this up like Tesla.

    No concerns here as issues are resolved."

    In my opinion you are regurgitating hit items and gathering advice from others: e.g. Cramer, Andrew Left, Chris Cary, Richard Peterson, etc. All of you act like that are the policeman for the investor when in reality all of you are short traders that would sell their mother to get ahead. You look for small companies with low float and find anything to demonize them as you or your wife, girl friend, 2nd cousin, wall street associate, etc. take short positions ahead of your hit piece. All of you are unprofessional and should be locked-up with the keys thrown away.
    Mar 18, 2014. 04:43 PM | 7 Likes Like |Link to Comment
  • Kandi Technologies: If You Don't Like The Message, Attack The Messenger [View article]
    Again a great article Art to wash-out the truth behind Pearson's attempt to manipulate Kandi's stock price.
    Oct 2, 2013. 11:03 AM | 1 Like Like |Link to Comment
  • Kandi Technologies: The Stock Has Been Torched but Its Future Looks Promising [View article]
    I have been in this stock since 2008 and the reasons I initially invested have changed as this stock has now become a game changer. Time will tell how this will turn out. Nonetheless, appreciate the updated articles on this stock.
    Jul 13, 2011. 08:46 PM | Likes Like |Link to Comment
  • Examining Kandi Technologies: A China-Based EV and Quick Change Battery Company (Part II) [View article]
    Arther:

    Your are right on about KANDI. I to have been watching and investing since 2008 when I first heard of it. What most don't understand is the Chinese don't have a good credit market for purchasing vehicles and therefore have had to use whatever income they have to make their purchases.

    I made a comment in CAPS (Motley Fool / Moneycentral.com), where I compare this company's history to Honda. In the early days of Honda they came out with motor bikes, ATV's, etc. before comming out with automobiles and are now the largest car company in the world (I think this is still true). Kandi makes motor bikes, ATV's, go carts and golf carts before they started making electric vehicles. This puts Kandi in a very good position in the Chinese market as they are already known for afordable and reliable vehicles. Also, the Chinese government wants to promote domestically electrical vehicles over imported brands. The Chinese market is the largest in the world and hence this is a recipe for great success. Good article series... Long on KNDI (Kandi Technologies).
    Sep 23, 2010. 12:02 PM | Likes Like |Link to Comment
  • Notes from Davos: World Energy Outlook [View article]
    The only thing I see in the way besides the technology to handle Natural Gas for energy use in transportation is the Insurance, Coal and non-domestic Oil Industry. They could be the buss kill for this stragegy as they all have a stranglehold on Washington with their lobbiest.

    I don't think technology and availability of natural gas is the problem here. Washington is... If you don't apease them (Insurance, Coal & non-domestic oil Industries), you can forget this idea from ever getting off the ground.

    What needs to happen is the auto industry as a whole and the domestic oil and gas industries need to put pressure on Washington regarding this plan. Going out on their own with their own lobbiest just will not do. Right now it does not look like it is in the cards folks!
    Jan 31, 2010. 04:46 PM | Likes Like |Link to Comment
  • Say Goodbye to Cheap Oil - IEA Gets Slammed Over Oil Production Figures [View article]
    Al:

    I really don't know you but I can guess you are a small investor like myself looking for ideas.

    I did a cursory look at looked Cobalt and found them to be an oil company operating oil rigs primarily in the Gulf of Mexico, Angola & Gabon. They are a recent IPO that came on late last year. Also, they have a book value of about $2.19, current stock price a little over $12, EPS of $-.16, income of $-13.69 million in the last quarter. It is hard to evaluate the intrinsic value of this company as I don't know the unproven/proven reserves for these areas,quality of the oil and the rate of in number of barrels they are producing and future projections. The stock price has dropped sharply since it has been introduced as an IPO. Also, the cash flow shows a recent large infusion investment capital of $315 million (probably from the IPO), and balance sheet shows they are running a large Retained Earnings (Accumulated Deficit) $-307.16 vs. cash of $295.36.

    It appears they are explorers and operators of these rigs. My take is rigs are problematic all by themselves from long investment standpoint because of the inherent risk operating in the ocean. Also, more problematic is they are planning and have deep wells in the Gulf of Mexico. This area has a very know history with hurricanes that can easily wipe-out any prospects. Also, there is the problem of the pressure coming out of these deep wells that can be compared to 10 times what is needed to lift the space shuttle. With these extremes and just from an engineering standpoint the deterioration / fatigue over time on the pipes and structure would be a concern as no one has ever done this before.

    The other risk is Angola. This country has been at war with itself for decades. Not a stable political environment for a business like this.

    I am sure the management team and engineers, etc. are very good at what they do. However, I think I coined it correctly when I described them as tinkerers. Basically they like their new toys and are very good tinkerers.

    My investment philosophy is kind of contrarian with reasonable risk. For myself this does not fit my investment strategy. There are other opportunities with less risk around the world that have better value with less risk.
    Jan 31, 2010. 11:50 AM | Likes Like |Link to Comment
  • Say Goodbye to Cheap Oil - IEA Gets Slammed Over Oil Production Figures [View article]
    Al:

    Thanks for the correction. I probably should have said the revenue from natural gas and the present value of future natural gas revenue.

    I already saw the Cobalt experiment. I don't understand why anyone would be drilling in the deep ocean with all its cost and risk when there are plenty of opportunities with less cost and risk. These guys are tinkerners. The type you want to stay away from.
    Jan 30, 2010. 04:48 PM | Likes Like |Link to Comment
  • Say Goodbye to Cheap Oil - IEA Gets Slammed Over Oil Production Figures [View article]
    Jeep:

    Let me try to explain why financing is important to these small operators.

    Natural gas operations may not be feasible because of the negative revenue stream when gas is too low. Drilling is always negative. Most of the small operators have balance sheet issues because of the decline of natural gas prices and banks are not lending like they use to. If banking was in a better position to support these drilling companies, then they would be drilling regardless of the price of natural gas. These companies don't drill necessarily based on present value of gas, they drill based mainly on the future value of gas. However, if the present value of natural gas provides revenue for drilling operations, then this provides more elasticity for their drilling campaigns as they don't have to depend on financing. Moreover, drilling companies just want to drill. This is why when the price of gas/oil reaches a point where there is some cash available for drilling, these companies start drilling.
    Jan 30, 2010. 03:21 PM | 1 Like Like |Link to Comment
  • Say Goodbye to Cheap Oil - IEA Gets Slammed Over Oil Production Figures [View article]
    This is my first comment for this blog - so take it easy.

    Big Oil is shifting to Natural Gas as finding cheap oil is diminishing and natural gas can be had with less cost. Oil will remain a major part of the energy picture for a long time; however, cheap oil peaked in the 1970's. Currently there is no substitute for the amount of energy in a gallon of gas.

    Natural gas will probably be a short term substitute to tame energy costs until we figure-out an energy policy / technology that can satisfy the worlds energy needs. The problem is the big oil companies are just now starting this program that will take a while to foster. Moreover, smaller operators hold the more desirable property rights and because of the financial collapse, are unable to get funding for their projects; therefore, have cut back on their drilling campaigns. This may likely create a shortage of natural gas in the future when the world economy comes back.

    There is about three centuries of natural gas to satisfy the worlds need in the Atlantic Ocean and in the form of methane hydrate; however, it is doubtful that a technology will be developed anytime soon to reach the depths where it is found and be able to process it cheaply and safely.

    Clean coal is a dream. Primarily The Southern Company's rhetoric and strangle hold on the US lawmakers through their lobbyist is promoting their agenda in lieu of other feasible alternatives.

    Green energy (primarily wind and solar) is hardly making a dent into the worlds energy needs and will take years for this technology to be perfected and more efficient with less cost to the level that it can replace fossil fuels. That is if it is not replaced by some other technology by that time that proves to be more efficient (e.g. fusion reactor if the scientist can ever figure this out). Currently these technologies make feasible sense in localized areas of the world. Everywhere else will probably have to use some other form of energy.

    Biomass has made a comeback recently; however, it can never come close to satisfying the world’s energy needs.

    Combine this with China, India and third world countries increased demand on energy and the fate of oil prices will likely go up especially when the world economies recover. The only question is when they recover.
    Jan 30, 2010. 01:16 PM | 2 Likes Like |Link to Comment
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