Yayayaya papaya//
@koolgal: After 14 years of holding BYD shares, Warren Buffett has just sold his shares and this has caused a huge sell off. I believe Warren Buffett is taking profits and redeploying his funds to other companies that he believes in that is selling below their intrinsic value. Warren Buffett is an astute investor with a Midas touch. He has made a huge profit from his disposal of BYD shares.Is BYD a buy now? The current share price is HKD 242.20, down 7.91% since yesterday. I believe the sell off will still continue for the next 1 to 2 weeks. If it dips below 200, then it looks very attractive to buy. BYD ticks all the core fundamentals of a quality stock. It has just announced a sterling earnings report. Q2 net profit shot up 197% with revenue up 68%. Net profit leapt 245%.I believe BYD is a BUY and this is a golden opportunity to do so. Short term pain but long term gain.
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