4Q19 results missed consensus due to the bigger-than-anticipated recognition of the ESS fire-related provision (KRW300bn). EV batteries reported a slight loss. The yield of the Polish plant appears to be normalizing. In 1Q20, profitability is expected to wor…
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Month: February 2020
Lithium Producers Are Set To Surge
The lithium industry is set to experience unprecedented demand over the next few years. Lithium demand is no longer being driven by consumer electronics. Instead, demand is now being driven by complex lithium-ion batteries necessary for EVs (electric vehicles…
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A Great Earnings Season Overshadowed
Spend each day trying to be a little wiser than you were when you woke up.” – Charlie Munger As of Friday, February 7, we have had a pretty solid earnings season so far. According to Credit Suisse, about 77.2% of the S&P 500’s market cap has reported Q4 …
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Cars Ain’t Cars Anymore; Toyota Learns To Fly
Toyota (NYSE:TM) is thinking about the future of the car industry and in turn its own future. The feeling in the industry has been that Toyota has been slow to adopt full electrification of transport, and indeed, in comparison with its major competitor, Volks…
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The battle over Tesla, a real estate rags-to-riches story, and stock picks from 10 top-ranked analysts
Dear Readers, No stock is more polarizing than Tesla right now. It may well be the most controversial company in history. But while your opinion of the company may rest on either side of the grand spectrum, Tesla’s stock performance has been undeniable. The…
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