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CBAK Energy Technology Inc (CBAT)

NASDAQ
Currency in USD
Disclaimer
1.010
+0.045(+4.66%)
Closed
After Hours
1.0100.000(0.00%)

CBAT Comments

will this rise or fall in the aftermarket?
guys, whether you like it or not this stock will go 10+ by next week when the Biden speeches continue, Biden is 100% pro China !
Read the article before buying: https://seekingalpha.com/article/4389972-cbak-energy-technology-caught-in-ev-hype-ev-battery-revenue-collapsed
The bad news of the quarterly report is that the production of electric vehicle batteries has been significantly reduced. The good news is that it has reduced the debt. Now it is useless to be discouraged if in the report there aren't the numbers that everyone expected to see, the bet on this action is for the future and the new tabless batteries that will start producing in the next year. Will they be able to produce them and be competitive?
im just gonna hold this untill it hits 10 again no matter how many years it's gonna take
Yeah theres no Rush to anywhere while holding The bag.
CBAT is definetly not an EV Battery play!! revenues from electric vehicles sept 2019 4,3 million USD. revenues from electric vehicles sept 2020 0,7 USD! that's a NEGATIVE EV BATTERY GROWTH OF 83%!!!!
 the Q3 doesn't mean anything because it' all about future expectations.
 Yes, I am. It's a well considered gamble. With a well considered part of my investing budget.
Shorter confirmed lol
CBAK Energy Technology, Inc., through its subsidiaries, develops, manufactures, and sells lithium batteries in Mainland China, the United States, Europe, Taiwan, Israel, and internationally. Its products are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles that include electric bicycles, electric motors, and sight-seeing cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools. The company was formerly known as China BAK Battery, Inc. and changed its name to CBAK Energy Technology, Inc. in January 2017. CBAK Energy Technology, Inc. was founded in 1999 and is based in Dalian, China.
CBAT is not an EV Battery play! revenues from electric vehicles sept 2019 4,3 million USD. revenues from electric vehicles sept 2020 0,7 USD! that's a NEGATIVE EV BATTERY GROWTH OF 83%!!!!
CBAK makes most of its money from uninterruptible power supplies for server farms, hospitals and enterprises. car batteries is just a sideplay.
You think completely wrong. I recommend you to research. There is always good news in yahoo finance. There was a lot of bad news and comments for Nio once and where it came. The stock market buys the future. There is already a lot of good news and comments for Cbat. You will see that they are dealing with the EV business.
 Sure I saw it. They will product the tabless battery in the next year. The bet is this.
ok, diego, let me check something for you. go and search for the word *tabless* or *tabless battery* in their latest report. you won't find any results.
I think you are short and would like to get it down
just to be clear here: CBAK is not an upscaling battery supplier for electric vehicle manufacturers. their EV revenues aren't growing, they have been shrinking for quite a while! the company produces batteries for things you find in everyday products like powerdrills, telephones and toothbrushe on the chinese market. just go to their website, they don't even care about updating their own webpage. they have around 350 employees, they have next to no patents. there are dozens of companies just like cbak in the vast industrial zones of china. the one thing that sets cbak appart from them is being listed at the stock exchange.
dont try to Make sense here. Let The momo crowd learn from this.
Shorter confirmed lol
Note that CBAT made a major deal with Haier Group as a Lithium Ion Battery Supplier on October 15. Haier is a China Multi-billion Electronics company that sells refrigerators, air conditioners, washing machines, microwaves, mobile phones, computers and televisions. The Haier home appliance business, namely Haier Smart Home, has seven global brands - Haier, Casarte, Leader, Fisher & Paykel, Aqua, Candy and even GE Appliances. Do you know "GE"? This was a huge deal !! In connection with this Haier agreement, future Chinese EV deals with CBAT should be in line.
boring and nothing new here. how has their deal work out so far? a net revenue gain of 2,5 million usd in the last quarter? let's assume they did make that money from car battery sales(which they did not) at a price of 5,000usd per battery. 2,5mil/5,000=500 car batteries! a tiny number of produced EV batteries! just for comparison, the smallest nissan leaf battery costs around 10,000usd! some companies down the road where i live and you have never heard of make more money than cbak. cbak is not a 500 million company.
how is Tesla's stock stocks worth, is it reasonable? and then, when you combine the deals, Anslalysis etc. I my self got on when this was 3$ a share. so I'll stay, and collect the winnings on January.
juu and HOLD PPL.
Time to buy, buy buy
When it turns green after the correction, it will now come out more solid and steadily🚀these levels should offer the opportunity to buy ...!
profit sales, correction and negative indexes affected.
Wao why it is going that much down ?
Why is this tanking ? Perfect time to buy ? Price target for furure ?
buy now or wait?
so, buy now, because it's on the 52week range limit now, and then you curse, when aftermarket shows at least 10.5 surge.
because if you dont buy, I ment to say. buy and hold.
thanks for the advice! Now just need to be patient afterwards.
its gonna break 9 again tomorrow. 8 at least.
lier
do not be too hasty.
This is just correction to the 60% rally at Monday. Mark my words, this is gonna be at high 20's at the end of January.
90% rally
Should've sold when it was at 10 - 12. Held it for to long. I bought at $7.76. I've been making bad decisions🤦‍♂️. Oh man!
dont be too hasty. you'll regret in January, if you sell off.
 I'll keep your words & hold onto the this stock and see how it goes.
So guys what is the expectation ?
ATTENTION! dilution incoming! creditor of cbak cancelled debt agreement of 11,2 million usd for convertion to 3,2million shares at a price of 3,5 usd per share. that makes a total of 25,6mil usd at conversion price a current shareprice of 9,35USD! a nice ~200% profit for their creditors! they'll very likely dump them within the next days...
many good news
sorry, ment to say that the battery they are bringing to markets, ainut that the main reason, on this stock? I bought Xpeng and Piedmont litium rather than more of these.
Should've sold when it was at 10 - 12. Held it for to long. I bought at $7.76. I've been making bad decisions🤦‍♂️
Here is why ,RMB 72M loan cancelled, in EXCHANGE for 3.2M shares of common stocks at a price of $3.5 per share. You are all fooled!!!
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