02-20-2021, 11:26 PM
111 inc, $YI Chinese medical company
<!-- SC_OFF --><div class="md"><h2>I’m by no means a financial advisor. Buy at your own risk.</h2> <p>$YI has quarterly earnings in the billions, Q3 with a revenue of 2.5 billion, and earnings in -$150 range. Yet they have a market cap of barley $2 billion.</p> <p>The company seems to offer a good service, and they have huge growth potential especially considering the population of China is over 1 billion. It seems to me like it’s an extremely undervalued stock; that should have a market cap over $5 billion at least. The current stock price has been sitting on ~$20 for the past month, with the exception of last week when it went up to $45 but crashed down instantly.</p> <p>It seems like an amazing investment, seeing such a company rack in huge revenue but the market cap won’t reflect on it.</p> <p>Some may consider it a “scam” like a lot of Chinese firms on the US-market, but I’m pretty bullish about it. Seems like an undervalued stock, good for holding long term. Eventually the market cap should reflect its real value.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/eteyetwyeywtyw"> /u/eteyetwyeywtyw </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/lo5gcu/111_inc_yi_chinese_medical_company/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/lo5gcu/111_inc_yi_chinese_medical_company/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><h2>I’m by no means a financial advisor. Buy at your own risk.</h2> <p>$YI has quarterly earnings in the billions, Q3 with a revenue of 2.5 billion, and earnings in -$150 range. Yet they have a market cap of barley $2 billion.</p> <p>The company seems to offer a good service, and they have huge growth potential especially considering the population of China is over 1 billion. It seems to me like it’s an extremely undervalued stock; that should have a market cap over $5 billion at least. The current stock price has been sitting on ~$20 for the past month, with the exception of last week when it went up to $45 but crashed down instantly.</p> <p>It seems like an amazing investment, seeing such a company rack in huge revenue but the market cap won’t reflect on it.</p> <p>Some may consider it a “scam” like a lot of Chinese firms on the US-market, but I’m pretty bullish about it. Seems like an undervalued stock, good for holding long term. Eventually the market cap should reflect its real value.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/eteyetwyeywtyw"> /u/eteyetwyeywtyw </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/lo5gcu/111_inc_yi_chinese_medical_company/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/lo5gcu/111_inc_yi_chinese_medical_company/">[comments]</a></span>Kind Regards R