VinFast: Vietnam EV maker valued at more than Ford or GM

[CIA Mole]

Not bad for a new comer from Vietnam. More valuable than BYD and most of other Chinese carmakers combined. VF is one of most traded stocks. 5.4 million shares changing hands in just few hours. BYD one of least traded stocks. 2 shares in a whole session. Yes, two.

and the chinese wonder why their stocks havent grown for decade

(they do know why they just cant say)

 

[Viet]

nah, this clown wants a bet with me, it's pointless to talk about shorting or buying Vinfast share now. I mean nobody is going to buy Vinfast now, the motto for trading stock is not "Buy High sell Low"

Short means borrowing shares from a broker and then sell it right away. but there is a problem; too few free shares on the market. So not yet possible because very risky. Maybe in 6 months when the freeze is over. Then VF can unload millions of more shares to the market. Everybody is welcome to gamble.

 

[jhungary]

Short means borrowing shares from a broker and then sell it right away. but there is a problem; too few free shares on the market. So not yet possible because very risky. Maybe in 6 months when the freeze is over. Then VF can unload millions of more shares to the market. Everybody is welcome to gamble.

Short is to gamble the stock price when you sell and when you buy, you sell stock you don't have when the price is high and hopefully the stock price drop when you fill up the share.

If you want to short now you can, but the broker who actually hold the stock from a client may ask for a higher fee to lend you the stock, so you would need to have a larger margin than it was to try to open a spot, which mean unless you think Vinfast stock i going to tank overnight (like dropped to <10 a share) you don't make much even if you can short it. And if you can't you will then owe the whole lot.

 

[StraightEdge]

The company sold less than 10,000 units last year. People investing in that ponzi scheme should not cry later.

 

[SaadH]

Oh shocking
Now share up +80 percent
The short sellers suffer a bloodbath.

Fattening up the $hit bag to be dropped on all the gullible sheep retail investors...this is the exact same repeat of EV frenzy from late 2020 to early 2021...If you own any, get out now...

There is nothing in Vinfast to justify even 10% of this valuation...

 

[Han Patriot]

Screenshot what? You want to screen shot you have 50G somewhere or you want to screen shot me buying Vinfast stock and you shorting it?

This is how much I made last year in Australia, I even took 2 months off and went to Ukraine and start a new job between April-June 2022.

View attachment 948010

That's 322,000 RMB a year or 45K USD last year. So yes, I would have around 50K (I can bet you 45K if you want)But then what? You have 50K (which I doubt it) does not mean you are going to give it to me if you lose that bet, I may as well show you how many millions I had or don't have in my bank account that do the square sum of jackshit.

Or if you want to screen short me buying Vinfast now and you shorting it? Are you for real? I mean, why not I just go buy Tesla now when they are doing 95% of 1YTD high?

Talking about creditability, keep putting personal insult and evading the bet YOU MADE does not make you look like a winner, winner, winner chicken dinner, so stop talking about you want to have a bet with me and then only want to do screenshot.

Again, if you want a bet, show me A.) You can afford it and B.) You put the money in a third party escrow account so if Vinfast dropped below $17 on Oct 1, you will take the pot, and if it does not, then I will take a pot, because that's a bet, not betting if you admit you are a moron when it did not turn out your way.

Hey hey don't rant like a b*tch again. One bet one screenshot, the loser admits he is an idiot. Come on Mr 48%! Don't complicate things.

Fattening up the $hit bag to be dropped on all the gullible sheep retail investors...this is the exact same repeat of EV frenzy from late 2020 to early 2021...If you own any, get out now...

There is nothing in Vinfast to justify even 10% of this valuation...

Damn i gave it 20%.....

and the chinese wonder why their stocks havent grown for decade

(they do know why they just cant say)

My dear Viet friend, please understand stock value does not reflect the truth about a company, it is a casino now. My dad's company was very profitable and for some unknown reason was valued at 20cents, you know what his boss did? He bought back all the shares he sold in the ipo, his ipo was 1 dollar plus.

 

[Viet]

Fattening up the $hit bag to be dropped on all the gullible sheep retail investors...this is the exact same repeat of EV frenzy from late 2020 to early 2021...If you own any, get out now...

There is nothing in Vinfast to justify even 10% of this valuation...

Don’t worry. Those people are professional investors, people with big money, not retail or small. Even they lose money that does not lose sleep it may cause little scratch unless those traders do some short tradings.
The share briefly touched $100 billion valuation.

VinFast already world's fourth most valuable carmaker | Fortune

Some experts doubt VinFast's near $100 billion market cap is really reflective of the company's underlying value.

fortune.com

VinFast chairman and founder Pham Nhat Vuong owns 99% of the listed carmaker's stock.Linh Pham—Bloomberg via Getty Images

 

[CIA Mole]

Don’t worry. Those people are professional investors, people with big money, not retail or small. Even they lose money that does not lose sleep it may cause little scratch unless those traders do some short tradings.
The share briefly touched $100 billion valuation.

VinFast already world's fourth most valuable carmaker | Fortune

Some experts doubt VinFast's near $100 billion market cap is really reflective of the company's underlying value.

fortune.com

VinFast chairman and founder Pham Nhat Vuong owns 99% of the listed carmaker's stock.Linh Pham—Bloomberg via Getty Images

Tesla boss Elon Musk is receiving competition from the unlikeliest of all contenders.

On the surface, perhaps the only remarkable thing about VinFast Auto is just how quickly its freshman SUV earned a reputation as the worst-built electric vehicle to hit the U.S. market this year.

if he owns 99% then theres very low float and potentially wash trading to boost valuation like with adani stocks

 

[Viet]

if he owns 99% then theres very low float and potentially wash trading to boost valuation like with adani stocks

Yes some sort of. it’s called FOMO fear of missing out. Panic game. The investors want to buy the few stock at any cost.

 

[CIA Mole]

Yes some sort of. it’s called FOMO fear of missing out. Panic game. The investors want to buy the few stock at any cost.

i can a sense hindenburg report along with sec investigation on the horizon

unless US deems vietnam too strategic to piss off

multipolar world has its benefits for small countries

 

[Viet]

i can a sense hindenburg report along with sec investigation on the horizon

unless US deems vietnam too strategic to piss off

multipolar world has its benefits for small countries

Biden will visit Vietnam next month. The US neocons pursue a concept called “full spectrum dominance” those people will close both eyes. VN is the corner stone of US in Far East to contain Chinese imperialism. they will ignore VN communism, human rights, economic restrictions and other things. If the US wants to replace Chinese goods and services where they can go if not VN. Only we have the manufacturing power.

 

[migflug]

How is it doing so well? What have they made which hasn't been made by a Chine EV manufacturer like BYD and NIO, since they they have been investing in EV since early 2010s. This is like the same way Tesla rose exponentially(almost 10X in 2 years), but eventually seems to have settle down, although it is still overvalued considering its sales and profit!!

 

[Viet]

How is it doing so well? What have they made which hasn't been made by a Chine EV manufacturer like BYD and NIO, since they they have been investing in EV since early 2010s. This is like the same way Tesla rose exponentially(almost 10X in 2 years), but eventually seems to have settle down, although it is still overvalued considering its sales and profit!!

You don’t understand how stock markets work. Valuation of stocks base on predictions of the future. Today is irrelevant. What matters is tomorrow. What will be with BYD, NIO in 2 or 3 years from now? What VF in 2 or 3 years from now? If the market predicts, lets say, NIO is worthless in 2 years then its stock is valued 0 today, no matter how fancy NIO cars are displayed and sold today.

 

[Viet]

share price +43 percent
market cap 112 billion USD
5 millions shares changing hands within 1h

Historic day. Vietnam has the first ever company with $100b market capitalization.

 

[MH.Yang]

It's listed in the U.S., and that's Americans buying the stock it's selling. Since it won't get money from China, we just need to respect and bless the American stockholders.