Seeking Alpha: Can Micro-Transport Be A Major Driver For Kandi Technologies?

There's a lot of weirdness around Kandi Technologies (KNDI). These shares have risen more than 50% in the past year and about 340% over the past two years on the sizzle of the company's opportunity and potential in all-electric vehicles (or EVs) within China, even though it has never been particularly successful at selling electric ATVs, go-karts, or other products, let alone passenger autos. Like many Chinese companies, it employs a Byzantine holding company structure, employs a largely unknown auditor, and used a reverse merger to list its shares in the U.S..

On the other hand, this company boasts a joint venture with Geely (OTCPK:GELYY), one of the largest domestic auto manufacturers in China. Together, these companies are addressing a "micro-transport" market in China that could support hundreds of thousands of vehicles without needing to compete directly with the likes of Tesla (TSLA), BYD (OTCPK:BYDDY), BMW (OTCPK:BAMXY), and a host of joint ventures between Chinese domestics and larger global car companies. While working Geely doesn't guarantee the quality of Kandi, it does offer some assurance that there are real products and a real market here. While I think the fair value is far beyond murky and very difficult to quantify at this point, as "opportunity stocks" go, Kandi at least has a good story to tell.

Continue here:
Can Micro-Transport Be A Major Driver For Kandi Technologies?

Investopedia: Tata Motors - A Tale Of Two Businesses

Tata Motors (NYSE:TTM) is arguably one of the best-known Indian companies, due in no small part to the fact that it is was among the first Indian companies to list on a U.S. exchange. What's more, analysts and investors have long been excited by the potential of selling cars and trucks to such a large and growing economy.

While that all sounds good, the year-to-year reality has been more challenging. Due in part to poor designs, questionable customer experiences, and inefficient infrastructure, Tata has had considerable challenges in its domestic passenger vehicle business, while the commercial vehicle business has struggled in the face of tougher economic conditions. That leaves the company even more dependent upon Jaguar Land Rover – a growing luxury brand with good exposure to China as well as recovering markets in North America and Europe. Many of the metrics for Tata Motors suggest undervaluation, but a long-term cash flow analysis suggests that investors may still be expecting more than this company can deliver for the long term.

Please read more here:
http://www.investopedia.com/stock-analysis/090313/tata-motors-tale-two-businesses-ttm-f-cmi-bamxy.aspx

Investopedia: Harley-Davidson Already Priced For Improvement

It's worth asking how long it's going to take Harley-Davidson (NYSE:HOG) to return to former glories. Nothing has really dented the brand value or product quality of this well-loved brand, but easy credit in the early and mid-2000s spiked demand and sales for these expensive motorcycles. Although a focus on lean manufacturing ought to improve long-term margins and cash flow conversion, investors may be expecting more of this company than the numbers can deliver.

Continue reading here:
http://stocks.investopedia.com/stock-analysis/2012/Harley-Davidson-Already-Priced-For-Improvement--HOG-HMC-PII-BAMXY0803.aspx

Investopedia: Harley-Davidson Looking A Little Over-Revved

Nobody knows what the "new normal" for this economy is going to look like. Poor employment and wage growth, and nervous banks are keeping a limit on big-ticket consumer spending, but it seems reasonable to assume that the average consumer's taste for leisure has not vanished for good. The trouble, though, is that some stocks like Harley-Davidson (NYSE:HOG) seem to be pricing in a quicker return to normal than the economy seems capable of delivering. (To learn more about the effect earnings will have on stock prices, check out Earnings: Quality Means Everything.)

A Strong Rebound in the Second Quarter  
Certainly Harley-Davidson showed some signs of life in this latest quarter. Revenue jumped 18% as the company shipped 13% more bikes and realized almost 7% better pricing. This growth was underpinned by better than 7% growth in domestic sales, while international sales and shipments were relatively softer. 


To read more, click below:
Harley-Davidson Looking A Little Over-Revved (HOG, THO, WGO, PII, CCL, RCL, MTN, HMC)

Alcoa Gives A Good Start To Earnings

American aluminum giant Alcoa (NYSE:AA) has long held the distinction of being the first major U.S. company to report in any given earnings cycle. As aluminum is a major economic bellweather, these earnings get even more scrutiny from analysts and forecasters these days. Luckily for the recovery bulls, Alcoa came through this time. 

The Quarter that Was
Alcoa reported that sales jumped 22% from last year and 6% from the prior quarter. Of that 6% growth, two-thirds came from increased shipments. Gross margins improved significantly from the year-ago period, and the company continued a strong resurgence to profitability from both the prior quarter and the year-ago period.

For the full piece, please go to:

http://stocks.investopedia.com/stock-analysis/2010/Alcoa-Gives-A-Good-Start-To-Earnings-AA-BA-LPX-AXL-EMR0714.aspx