Invest-in-America
1 year ago
NISN:
"Today, we'll look at some stocks with solid revenue and cheap valuations, out of which the top ones are Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN), Chimerix, Inc. (NASDAQ:CMRX), and United Maritime Corporation (NASDAQ:USEA)."
https://finance.yahoo.com/news/10-best-stocks-buy-next-183346528.html
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"In the six months ended June 30, 2022, the Company achieved a net income of $14.4 million, compared to $10.5 million in the same period of the prior year, primarily attributable to significant increases in revenue and gross profit from financing solution services."
http://ir.nisun-international.com/pressDetail.html?id=46
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makinezmoney
1 year ago
$NISN: PE Multiple only 0.37....................
But they say that there sales are at $239Milly annual with a MCap of only 19.5Milly.
How is that possible even ???
Float is even tiny at only 23Milly here with SP at 0.47
I'll be scaling into this
Corporate Profile
Nisun International Enterprise Development Group Co., Ltd (NASDAQ: NISN) is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its rich industry experience, Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, Nisun provides users with professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions, enabling the industry to strengthen and grow. At the same time, Nisun continues to deepen the field of industry segmentation through industrial and financial integration, by cultivating/creating an ecosystem of openness and empowerment. Nisun has built a linked platform that incorporates supply chain, banking, securities, trust, insurance, funds, state-owned enterprises, among other businesses. Focusing on industry-finance linkages, Nisun aims to serve the upstream and downstream of the industrial supply chain while also assisting with supply-side sub-sector reform. For more information, please visit http://www.fintaike.com.
GO $NISN
Akira
2 years ago
I agree. lately, the China stock trend is not following the US stock trend as FRB policy suffers US stock while China takes a relatively better economic position. It doesn't matter if we like the Chinese government or not, China stock will come back prior to US stock.
Anyway, you said, "NISN is in the Machinery industry," Is it right?
> The company was formerly known as Hebron Technology Co., Ltd. and changed its name to Nisun International Enterprise Development Group Co., Ltd in September 2020. Nisun International Enterprise Development Group Co., Ltd was founded in 2005 and is headquartered in Shanghai, the People's Republic of China.<
According to its home page, Hebron Technology Co. was the machinery company. Still, Nusun has been changed into " an investment holding company, provides technology-driven integrated supply chain solutions for enterprises and financial institutions in the People's Republic of China and internationally."
I know such a nimble change of company is difficult to do, but in China, it's very common and NiSN is successfully doing it well. And, I think the new business is much more timely and lucrative in the after-covid-19 world.
By the way, I like Charlie Munger as well. My favorite words of his are: 'you donβt make money when you buy a stock, you donβt make money when you sell a stock, you make money by being patient and you make money by waiting'.
Let's be patient!
NISN home page: http://ir.nisun-international.com/about.html
herbied47
2 years ago
In case you are not a day trader, NISN is the cheapest Chinese stock (P/E below 1, P/BV and P/S below 0.30, PEG below 0.10, negative net debt, estimated growth for 2022 more than 70%), while it is one of the very few PCAOB inspected with U.S. auditors, so there aren't any future delisting risks.