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News: BYD is down over 4% after reporting abysmal Q3 results.
BYD is down 19% since my report in April (see attached) - during the market low - where I predicted that BYD was overrated.
I shared with investor based on a quantitative review: "Too many investor get too impressed simply by looking at vehicle sales numbers (a rather shortsighted metric). and explained in detail all the red flags in BYD.
In May I wrote to investors (who were wavering): "it's clear BYD too is struggling") and share another financial deep dive (see attached).
Today we found out:
Revenue down 3%
Earnings down 33%
EPS down 36%
AJ 🎯
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