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22/01/24

07:06

Post #: 71990579
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Originally posted by Coolhawk: ↑

I'm right there with you. I posted an article here 1-2 weeks ago in a German magazine.

It also mentioned the Ro-Ro ships and that China is rearming on a grand scale. In addition, capacities are being created at various ports in order to be able to cope with this export growth. This at least shows that China is pursuing a plan and (as is so often the case) knows how to implement it quickly and across the board.

Further proof of this is that BYD is the mobility sponsor of the 2024 European Championship (soccer)BYD demonstrates its European ambitions as Official Partner and Official E-Mobility Partner of UEFA EURO 2024™

https://www.byd.com/eu/blog/byd-demonstrates-its-european-ambitions-as-official-partner-and-official-e-mobility-partner-of-uefa-euro-2024.html

Clearly, a LOT of money has been put on the table here to declare the European manufacturers. And that's saying something, but it underlines the ambitions.

There are also the first hesitant signs that the European market is being tackled with a price war. Tesla is following suit and even VW, which has so far vehemently opposed a price war, has now lowered some models by almost 8000 euros (probably also in the wake of the end of EV subsidies in Germany). So something is moving in this direction.

In addition, the Chinese are offering cars that could probably also appeal to the "broad masses" --> namely small cars. You hardly find this at all with the previous manufacturers, as they were overloaded with everything and pursued a "high-price strategy". VW wants to come out with a small car in 2026....

I clearly don't like the situation surrounding lithium and our share price and the 20%. But there are many indications that the situation cannot and will not remain like this for fundamental reasons. The only question is WHEN the tide will turn again, which companies will survive this and how PLS will deal with it. we will see...

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Spot on

Currently PLS holders are experiencing the 5 stages of grief
denial.
anger.
bargaining.
depression.
acceptance.

The lesson ?
Recovery takes unpredictable amounts of time and positive thought
With many bumps in the road before things get better
And always preparing and willing to be surprised

Some times good times follow bad times
Some times they don't

How we handle the bumps in the road is the difference
between failure and success, sadness and recovery
PLS Price at posting: $3.47 Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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