Adom - Adomani, Inc

Discussion in 'Investment Charts' started by fireopal, Aug 12, 2017.

  1. fireopal

    fireopal Senior Investor

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    [​IMG]
    ADOMANI, Inc
    ., a development stage company, designs, manufactures, and installs zero-emission electric drivetrain systems for fleet vehicles. Its products would include electric drive shafts, controllers, batteries, and battery management systems that would allow a fleet manager to convert motor vehicles from internal combustion operation to all-electrics or plug-in hybrids. The company was founded in 2012 and is headquartered in Orange, California.

    Company website - http://www.adomanielectric.com
    O/S = 68.07
    Float = 37.55M
    Institutional Ownership = 2 (725 shares)

     
    Last edited: Aug 12, 2017
  2. fireopal

    fireopal Senior Investor

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  3. longtermbull

    longtermbull Administrator Staff Member

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    Very interesting - the EV industry is in the news at the minute with Tesla grabbing the headlines. I presume they supply parts to an array of EV companies?
     
  4. fireopal

    fireopal Senior Investor

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    Last edited: Aug 17, 2017
  5. longtermbull

    longtermbull Administrator Staff Member

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    How far can this stock go? If they are supplying a lot of the EV manufacturers this could be just the start of the journey. I have researched EVs for some years now and they are here to stay, the market has gone past the point of no return.

    Price $13.09 @ 17 August 2017
     
  6. fireopal

    fireopal Senior Investor

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    Really don't know the answer and would say somewhere around $18 is a safe bet b/c company doesn't seem to have much in the way of revs etc and it is the beginning of what will be in the future which seems to be the moving force at this point in time.
     
  7. gowiththeflow

    gowiththeflow Senior Investor

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    This is the kind of company which could be snapped up by a larger operator looking to get a foothold in the EV market.
     
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  8. fireopal

    fireopal Senior Investor

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    ^^ Proterra might be the one to do it & know i am looking forward to that IPO!
     
  9. longtermbull

    longtermbull Administrator Staff Member

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    Are there any other EV supply companies to look at - hedge our bets a little?
     
  10. fireopal

    fireopal Senior Investor

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    ^^ Good question - will do a Goog search later to see but remember reading something about Blue Bird a few months back.
     

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