$NIO Inc.(NIO)$NIO is one of my favourite EV brand. Nice and sleek design, interesting technology and using battery swaps instead of charging point, have started delivering cars to customers and even expansion to Europe. However with all these factors, the stock remains quite consistent at 30s to 40s since the height of 60s during last year Nio Day, which is pretty puzzling. With NIO Day coming soon in Dec, will we see a similar scenario like last year again where it peaks again and dip to its consistent level. NIO holders, what's your views on the short term and long term of this stock? HODL or sell when it peaks?
Feeling excited about this upcoming IPO. Grab is going for IPO in a SPAC deal with $Altimeter Growth Corp.(AGC)$.For those who haven't heard of Grab before, it's a super app company which provides ride-hailing and food deliver services. They have since add on mobile payment and financial service to their armoury too. Their main market is in the Southeast Asia region. In Singapore, it has become a part of our life during the pandemic especially the circuit breaker period when a lot of shops are closed and restricted outdoor activities such as going out to buy food. Grab is our to go app. Few years back, Grab started off with their ride-hailing service app going head on with the giant Uber. Customers enjoyed the rivalry as both
What do you look out for before you invest in a company?
Everyone have their own strategies or habits when it come to investing in a company stock. Some will go through all the accounting books, data and statistics, some go by gut feeling and some just follow the crowds - what a lot of people buy, they buy too.For me, I see the business nature the company is in, is it one with growth opportunities and is it one with innovation. Most importantly who are in the management team. When I just started investing, I was a headless chicken, just following crowds to buy stocks as mentioned and most of the time end up holding bags. After paying tuition fee, I start to do my own homework before I invest. The first company I invested in after doing my due diligence is $Affirm Holdings, Inc.(AFRM)$. Bought it
This week has pretty red for the market. I just started trading exactly one year ago but yet I found regardless of timing, there is this constant which is whenever this name Jerome Powell keeps popping up in news the market goes red.Nothing against this man but the market has been overheat for past month, with concerns on yield and interest rates, I think it's normal to see this kind of red market for a week or two. As an investor it's always feeling great seeing your stocks flying to all time high but after going through the big correction beginning of this year. Only then I realised nothing goes up forever, it will drop and sometime to a level you think what mistake have you made in your investments. Trust me, it's not a good feeling. However if you did your homework and the co
What other stocks linked to EV are worth investing now?
EV stocks like Tesla and newly IPO-ed Rivian are flying in the market. What other EV or related stocks such as battery, electric charging and new energy are worth investing now?Personally I'm looking at $KULR Technology Group, Inc.(KULR)$and $ChargePoint Holdings Inc.(CHPT)$.1. KULRThis company is in the business of battery safety and thermal management technologies. Its client include NASA and this is one of the cool thing that keeps me interested in this company. Imagine robots going to outer space using this company technology successfully protecting the battery that runs them in harsh environment condition. I'm sure EV companies will be sourcing suppliers in this area as t