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Electrovaya Inc. buy Subdi

Start price
€1.67
04.08.20 / 50%
Target price
€9.00
24.10.24
Performance (%)
104.80%
End price
€3.42
18.12.21
Summary
This prediction ended on 18.12.21 with a price of €3.42. The BUY prediction by Subdi for Electrovaya Inc. saw massive gains of 104.80%. Subdi has 50% into this prediction
Performance without dividends (%)
Name 1w 1m 1y 3y
Electrovaya Inc. -2.260% -2.260% 1.615% -43.648%
iShares Core DAX® 1.883% 5.122% 21.667% 22.437%
iShares Nasdaq 100 0.125% 2.574% 45.951% 55.507%
iShares Nikkei 225® -0.201% 4.341% 28.806% 9.945%
iShares S&P 500 0.728% 4.141% 34.630% 50.086%

Comments by Subdi for this prediction

In the thread Electrovaya diskutieren
Prediction Buy
Perf. (%) 104.80%
Target price 1.300
Change
Ends at 04.11.21

Interessante Firma. Liefert Li-Ion Batterien für Gabelstapler - neuerdings auch an den größten Gabelstapler-Hersteller der Welt.

Besser als Plug Power!

https://seekingalpha.com/instablog/535947-darp-research/5470899-electrovaya-tesla-of-forklifts-gets-game-changing-walmart-repeat-order

Deep Value, Special Situations, Contrarian, Gold & Precious Metals


Electrovaya The Tesla Of Forklifts Gets Game Changing Raymond/Toyota OEM Deal



Electrovaya (OTCQB:EFLVF) is an unknown stock and company, yet to call it the "Tesla of Forklifts" is accurate. They are the leader in Lithium forklift batteries.

It is not as unknown as it was 6 months ago however. I wrote a Seeking Alpha blogpost in July: 

Which predicted a 10 bagger and since then it has already achieved a 9 bagger, as the chart below shows. The company is starting to be discovered.

Source: Yahoo

Today they released a mutual press release with Raymond, which is 100% owned by Toyota and is the largest forklift company in the world. Pay special attention to what Raymond says about Electrovaya's lithium batteries.

Raymond and Electrovaya Announce Strategic Supply Agreement Electrovaya to supply battery systems to Raymond Corp as part of the Raymond’s Energy Essentials Product Line ...

https://seekingalpha.com/instablog/535947-darp-research/5534083-electrovaya-tesla-of-forklifts-gets-game-changing-raymond-toyota-oem-deal

Prediction Buy
Perf. (%) 104.80%
Target price 1.800
Change
Ends at 04.11.21

Kursziel geändert auf 1,8

Prediction Buy
Perf. (%) 104.80%
Target price 1.800
Change
Ends at 24.10.24

Ende der Empfehlung. 
 
Obwohl die Technologie einiges zu bieten hat, kann sich Electrovaya niemals mit den Weltmarktführern der Batteriebranche messen. BYD hat bessere, oder genauso gute Batterien, und viel mehr Kapital - und Skalierung in der Produktion.