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

[CIA Mole]

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.

u should read up how adani group manipulated share value

 

[StraightEdge]

I thought this was crazy, then I looked in Internet/Google/Youtube.

VinFast is literally the worst-reviewed car in US.

Auto Journalists Agree: The VinFast VF8 Is Very, Very Bad (jalopnik.com)

2023 VinFast VF8 First Drive: Return to Sender (motortrend.com)

 

[SaadH]

I thought this was crazy, then I looked in Internet/Google/Youtube.

VinFast is literally the worst-reviewed car in US.

Auto Journalists Agree: The VinFast VF8 Is Very, Very Bad (jalopnik.com)

Like I said, if YUGO had an IPO on the overinflated US stock market, off the back of the worst money printing enterprise and geopolitical positioning, it would be worth over $100bn as well, if not more

 

[Viet]

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.

How do you know Chinese investors don’t buy VF stocks? Anonymous tradings you don’t know who put the money on the table. Maybe there are some Chinese banks out there they don’t want to miss the train my friend. The stock tests $150 billion valuation today. Welcome to the casino.

VinFast Auto Ltd. (VFS) Stock Price, Quote & News - Stock Analysis

Get a real-time VinFast Auto Ltd. (VFS) stock price quote with breaking news, financials, statistics, charts and more.

stockanalysis.com

 

[jhungary]

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.


Damn i gave it 20%.....


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.

Come back to me when you have money to bet. Talk is cheap. Meanwhile Vinfast is doing 46 per share. And end of discussion

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.

That's not how stock market work..........

 

[Viet]

I thought this was crazy, then I looked in Internet/Google/Youtube.

VinFast is literally the worst-reviewed car in US.

Auto Journalists Agree: The VinFast VF8 Is Very, Very Bad (jalopnik.com)

2023 VinFast VF8 First Drive: Return to Sender (motortrend.com)

That’s old story. There is a saying there is nothing older than the newspaper from yesterday. All technical issues have apparently been solved. Otherwise of course nobody will buy the car.
VF8 just received European certification. The model will be shifted to Israel and EU this year. VF9 soon as well. And there are VF3, 4 and 5.

EVs from Vietnam's VinFast due in Israel this year

en.globes.co.il

 

[jhungary]

Like I said, if YUGO had an IPO on the overinflated US stock market, off the back of the worst money printing enterprise and geopolitical positioning, it would be worth over $100bn as well, if not more

Overinflated would mean company open on US Stock Exchange would have a lower price because the stock, not the price is overinflated. The word you were looking for is overvalued, not overinflated.

On the other hand, Vinfast is doing this much is because of strong financial backing, it's like you nationalise a State Company, Yugo is not the same. Think about Vinfast like a Tech/eComm stock (like Ebay or Paypal) instead of being a car manufacturer, then you will understand why they are doing price like this.

as I said last Friday, I wouldn't short Vinfast just because it don't make anything.

I probably would not short VinFast, well, not yet anyway.

The reason why VinFast value that high is because VinFast group have a very deep pocket backing, the last time company like that get overvalued is Tesla when they IPO at 1.7 billion without actually making a car (IIRC they were only making Roadster back then) in 2010, they had that because of Musk and now it's over 180 billion valuation....

I would most likely wait a few year before doing anything with VinFast, see how their portfolio goes, you never know what will happened to company with a lot of cash backing.......

 

[StraightEdge]

That’s old story. There is a saying there is nothing older than the newspaper from yesterday. All technical issues have apparently been solved. Otherwise of course nobody will buy the car.
VF8 just received European certification. The model will be shifted to Israel and EU this year. VF9 soon as well. And there are VF3, 4 and 5.

EVs from Vietnam's VinFast due in Israel this year

en.globes.co.il

I will take that claim with a lot of salt, specially for someone who is from Vietnam.

 

[jhungary]

Vinfast now 50.90 a share

Market Cap : 117.99 billions

 

[Viet]

Vinfast now 50.90 a share

Market Cap : 117.99 billions

View attachment 948309

That’s insane high. But probably will get higher until remain stable.

 

[jhungary]

That’s insane high. But probably will get higher until remain stable.

Well, that's market fluctuations. I mean, those regular spectator trying to get into the game and going after what share they can. There are more demand of the stock than people are buying, hence the price.

A modest estimation on this share is about 25-30/share, again, as with my previous assessment, I would look about another month unless I am really in this spectator mood and fancy a gamble.

 

[MH.Yang]

Come back to me when you have money to bet. Talk is cheap. Meanwhile Vinfast is doing 46 per share. And end of discussion


That's not how stock market work..........

I know more about the corrupt Vietnamese. They would operate like this:
1, put less than 1% of their shares into the market.
2, speculate on these very small number of shares themselves to inflate the price of the shares.
3, bribe Vietnamese officials to pledge the remaining 99% of their shares to extract loans from Vietnamese banks at inflated stock price valuations.



This stock, with a market cap of over $100 billion, has extremely low volume and turnover. The average trading volume is only 765k and the turnover rate is only 0.24%. Its market capitalization is obviously being pulled up maliciously. This blatant trap cannot attract any sensible money into it; it can only be used for special purposes.

 

[Han Patriot]

Come back to me when you have money to bet. Talk is cheap. Meanwhile Vinfast is doing 46 per share. And end of discussion


That's not how stock market work..........

Uh huh, what do you think share buy backs are? Hhahah

 

[jhungary]

I know more about the corrupt Vietnamese. They would operate like this:
1, put less than 1% of their shares into the market.
2, speculate on these very small number of shares themselves to inflate the price of the shares.
3, bribe Vietnamese officials to pledge the remaining 99% of their shares to extract loans from Vietnamese banks at inflated stock price valuations.



This stock, with a market cap of over $100 billion, has extremely low volume and turnover. The average trading volume is only 765k and the turnover rate is only 0.24%. Its market capitalization is obviously being pulled up maliciously. This blatant trap cannot attract any sensible money into it; it can only be used for special purposes.

View attachment 948373
View attachment 948374

Maybe in HOSE, the stuff you said will not fly in Nasdaq, Vinfast has it share trading in Nasdaq. And there are basic requirement for anyone to list on Nasdaq

To be listed on the NASDAQ exchange and reporting system, the following requirements:

• Shareholders Equity of at least $2,000,000
• At least 100,000 shares of public float
• A minimum of 300+ shareholders
• Total assets of $4,000,000
• At least two market makers
• $3 minimum bid price of the company stock
• Public float market value of $1,000,000

So they won't just offer 1% of share and then hyper value them, now, they can offer 100,000 and buy 90,000 by proxy, they can do that, and that's legal, but that would only help them stabilise their value, not getting them 5 times their offering price.

On the other hand, why would you use 3 month volume (Average volume 3M) on a stock that only existed for 10 days? Of course it would be low because they have an average of 0 for the first 80 days. And low turnover means literally nothing to a new stock because trading restriction would have restricted the trading activities anyway.

 

[jhungary]

Uh huh, what do you think share buy backs are? Hhahah

Have you ever invested anything? Yes, what do you think share buy backs are?

Share re-purchase does not work on bumping share price that much, you can get a more stable share price, but not going 5 times the offering price. You do share buyback WHEN YOU HAVE AN UNDERVALUED SHARE, because it increases the liquidity of the stock and help improve the stock price but it DECREASE that company cashflow.

Buy back only make sense when Vinfast is trading at 15 and they think they are undervalued, who the hell in their right mind will buy back their share at 35 when they open on Nasdaq at 15? which is twice the offering price? Let alone at 49, which is now. And if you are accusing Vinfast of doign buyback at 49, then I would like you to short them like you said you would do.

So yes, what DO you think share buy back is?