BYMOF News and Press, Bayerische Motornwrke Pfd From 05/23/23

2023-05-23 09:45:00 ET Summary Markets are racing higher as the earnings season turned out much better than expected. Sector rotation into tech stocks has led to a surge in big-tech with Nvidia clearly leading the pack. My dividend income in April amounted to a record $755. Th...

2023-05-19 12:15:35 ET Summary BMW announced record financial results for the fiscal year 2022 and strong Q1 2023 results. Drivers were high car prices and accounting effects from a JV in China. BMW has a cautious strategy regarding the transition to electric vehicles, making ...

2023-05-15 08:00:00 ET Summary China is the most important car market, about as big as the US and Europe combined. It is an essential market for several brands. EVs have a 25% market share of new Chinese sales, and, except Tesla, Western manufacturers play almost no role here. ...

2023-05-10 06:24:08 ET Summary Global electric car sales for March 2023 were up 28% YoY to 16% share. China sales up 23% YoY to 34% share. Europe up 29% YoY to 23% share. EV market news - EPA proposes auto pollution limits to aggressively boost EV sales. IEA says "nearly one in fi...

2023-05-08 01:26:28 ET Summary Still my favorite Japan play, Panasonic Holdings Corp. is making a big transition into a lithium battery giant. Panasonic Holdings Corp. has an ultra-low price-to-sales ratio, which is below book value as well. While Buffett is strictly in Japane...

2023-05-04 15:28:01 ET Bayerische Motoren Werke Aktiengesellschaft (BMWYY) Q1 2023 Earnings Conference Call May 04, 2023 08:00 AM ET Company Participants Max Schöberl - Investor Relations Nicolas Peter - Chief Financial Officer Oliver Zipse - Chairman & ...

2023-05-02 12:39:53 ET Summary Unlike China and Europe, the U.S. is a growth market for battery electric vehicles, or BEVs, with a very small number of significantly over-catered segments. Vehicle sales statistics indicate very strong trends by Tesla's BEV rivals: predominantly Lu...

2023-04-19 18:45:09 ET Summary Tesla reported weak Q1 results. Margins, profits, and cash flows are moving in the wrong direction. Q2 could be worse due to further price cuts. The valuation remains high. Article Thesis Tesla ( TSLA ) has reported quarterly re...

2023-04-12 10:00:00 ET Summary Inflation and (expected) actions by the Federal Reserve continue to dominate market movements even though the turmoil in the financial sector shortly took center stage. Markets have started the new year with very solid gains following expectations ab...

2023-04-08 05:29:00 ET Summary Global electric car sales Feb. 2023 were up 49% YoY to 14% share. China sales up 56% YoY to 33% share. Europe up 14% YoY to 20% share. EV market news - EV demand sentiment was weighed on by some automakers in China heavily discounting ICE vehicles in...