20ppy Posted November 27, 2009 Posted November 27, 2009 It seems to be a solid company from China... I didn't get in early, even though I had the chance. I wish I spent more time on researching the company. I hope some of you got in and are happey:) http://www.reuters.com/article/marketsNews/idCNHKG34712920091127?rpc=44
oldye Posted November 27, 2009 Posted November 27, 2009 Very guilty of thumb sucking, it was trading at 13-14x earnings, had 20%+ Roe's and very interesting growth prospects...I just don't know China well enough to jump in. Good 3 part cnn interview with the CEO...that lives in the employees village which looks very clean and modern. The interview is a little dated but theres a good line where he says that profits will double in 09. I hope more Chinese companies start to follow BYD's model! http://analystpundit.blogspot.com/2009/11/byd-charlie-mungers-pick.html
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