Rivian stock

[Picheshwar]

2 minutes ago, AndhraneedSCS said:

This is almost impossible. 

 

They have $18 Billion in cash and their market cap is about 25B. If they go to $10, they have to trade less than their cash on hand, which is impossible IMO.

 

With about 900M shares, for it to trade at $10, the market cap will be half of the cash on hand. 

 

It will stay at or above $18 (cash position) and then trade side ways for some time. 

 

 

$18B in cash aa 🙄

[AndhraneedSCS]

Just now, Picheshwar said:

$18B in cash aa 🙄

Yes, that is the only reason for it to trade at $22 range right now. It is pretty close to book value.

[sarfaroshi]

53 minutes ago, Thokkalee said:

Future potential is what drives the stock price… Ford and GM will be stagnant for the years to come.. Tesla stepped into a new and niche segment and succeeded in making profits by scaling up production… Rivian is yet to scale up their production and is struggling to do it.. Amazon and Ford wrote off their stake in Rivian indicating that they do not have hopes on this.. 

Ford sold their shares, Amazon is still backing…is there a news that Amazon is selling its stake ?

[TOM_BHAYYA]

4 hours ago, andhrabullet said:

179 high nunchi 20$ ki vachidi..

company amazon backup undi kooda endure click kalehdu

Akkada upst 400 to 32 🤦🏻‍♂️

[hyperbole]

30 minutes ago, AndhraneedSCS said:

This is almost impossible. 

 

They have $18 Billion in cash and their market cap is about 25B. If they go to $10, they have to trade less than their cash on hand, which is impossible IMO.

 

With about 900M shares, for it to trade at $10, the market cap will be half of the cash on hand. 

 

It will stay at or above $18 (cash position) and then trade side ways for some time. 

 

 

$18 billion cash is misleading, they lost $4.8 billion last year alone, they have $10 billion in capital expenditure to build factories. By next year they will have yo raise funds again. Meanwhile ford made $12 billion in profits last year.

same issue with LCID they are burning cash and tesla was in a similar position in 2018 when they released m3 as they were investing - for them to get out of the muck they had to produce more cars, they finally stopped the bleeding in 2020-21(profits through car sales)

 

https://www.forbes.com/sites/alanohnsman/2022/03/10/rivian-racks-up-47-billion-loss-sees-supply-snags-curbing-ev-output/?sh=12c1f7831301

[AndhraneedSCS]

1 hour ago, hyperbole said:

$18 billion cash is misleading, they lost $4.8 billion last year alone, they have $10 billion in capital expenditure to build factories. By next year they will have yo raise funds again. Meanwhile ford made $12 billion in profits last year.

same issue with LCID they are burning cash and tesla was in a similar position in 2018 when they released m3 as they were investing - for them to get out of the muck they had to produce more cars, they finally stopped the bleeding in 2020-21(profits through car sales)

 

https://www.forbes.com/sites/alanohnsman/2022/03/10/rivian-racks-up-47-billion-loss-sees-supply-snags-curbing-ev-output/?sh=12c1f7831301

Did you read the article?

 

Despite the weaker-than-hoped outlook for 2022, Rivian remains well-positioned over the long term owing to its unusually large cash horde. The company said it ended 2021 with $18.4 billion in cash and equivalents, and that it has an additional fundraising capacity with an asset-based revolving credit line. It raised about $11 billion as a private company, from backers including Amazon and Ford, and a further $13.7 billion from its 2021 IPO.

[hyperbole]

1 hour ago, AndhraneedSCS said:

Did you read the article?

 

Despite the weaker-than-hoped outlook for 2022, Rivian remains well-positioned over the long term owing to its unusually large cash horde. The company said it ended 2021 with $18.4 billion in cash and equivalents, and that it has an additional fundraising capacity with an asset-based revolving credit line. It raised about $11 billion as a private company, from backers including Amazon and Ford, and a further $13.7 billion from its 2021 IPO.

I am not denying $18 billions  but they are burning at an unprecedented rate without much cash flow. The pledged $10 billion of that cash towards new facility/factory. Like last year they will lose $5-$6 billion in operating costs this year, plus $10 billion for the factory. That means they will need money for next year
 

gm and F are investing $40 billion each for ev ramp up, Tesla already did $30-$40 billion towards giga factories. Tesla did it through equity, loans and lucked out due to its insane stock price when it diluted in 2020/21. Gm and F lucked out due to pandemic because of cheap loans and positive cash flow(both made $13 billion in profits last year and will make another $13-$15 billion this year). When it comes to start ups they don’t have any cash flow and if any they are losing money due to higher operating costs. If the market situation doesn’t improve they will get bought over as dilution of the stock at these levels means more downtrend. I feel mostly lucid will be taken over Apple(it sits nice with their brand) and Rivian by one of the automakers

[AndhraneedSCS]

1 hour ago, hyperbole said:

I am not denying $18 billions  but they are burning at an unprecedented rate without much cash flow. The pledged $10 billion of that cash towards new facility/factory. Like last year they will lose $5-$6 billion in operating costs this year, plus $10 billion for the factory. That means they will need money for next year
 

gm and F are investing $40 billion each for ev ramp up, Tesla already did $30-$40 billion towards giga factories. Tesla did it through equity, loans and lucked out due to its insane stock price when it diluted in 2020/21. Gm and F lucked out due to pandemic because of cheap loans and positive cash flow(both made $13 billion in profits last year and will make another $13-$15 billion this year). When it comes to start ups they don’t have any cash flow and if any they are losing money due to higher operating costs. If the market situation doesn’t improve they will get bought over as dilution of the stock at these levels means more downtrend. I feel mostly lucid will be taken over Apple(it sits nice with their brand) and Rivian by one of the automakers

They said they would need about $4.75 B for entire 2022. I think, even if they spend as per the plan, they will have about $13B, which translates to about $14 as the floor for the stock. 

 

It all depends on how the narrative changes during the next 1 year. If they show progress, it can go up, if not, it will go down further. I personally think they have no Moat what so ever but do have order backlog from Amazon

 

 

[nokia123]

8 hours ago, andhrabullet said:

179 high nunchi 20$ ki vachidi..

company amazon backup undi kooda endure click kalehdu

whattttt....90% drop from ATH 

[BeerBob123]

Nice

[megadheera]

Repu results. Ela untado chudali

[Sandy_14]

9 hours ago, andhrabullet said:

179 high nunchi 20$ ki vachidi..

company amazon backup undi kooda endure click kalehdu

Asalu 10 cars release kaani company ni 160B ki pump chesi adhi 160 ki konna vaalaki mind ledu.

How can rivian can 160b company. How can investors ignore basic fundamentals like PE ratio.

MM's are settling all the stocks which ignored last 2 years.

Pton upst rivian roku net coin AI DASH OKTA RBLX .

You name any growth stock they ignored PE ratios and pumped.

Now all the above are 70 to 90% down

 

[hyperbole]

39 minutes ago, AndhraneedSCS said:

They said they would need about $4.75 B for entire 2022. I think, even if they spend as per the plan, they will have about $13B, which translates to about $14 as the floor for the stock. 

 

It all depends on how the narrative changes during the next 1 year. If they show progress, it can go up, if not, it will go down further. I personally think they have no Moat what so ever but do have order backlog from Amazon

 

 

You are not counting $5 billion expenditure in their new factory in Georgia. It is yet to start construction and with inflation adjusted it going to cost much more

https://www.wsj.com/amp/articles/electric-truck-startup-rivian-plans-new-5-billion-factory-complex-in-georgia-11639691773
 

[hyperbole]

25 minutes ago, Sandy_14 said:

Asalu 10 cars release kaani company ni 160B ki pump chesi adhi 160 ki konna vaalaki mind ledu.

How can rivian can 160b company. How can investors ignore basic fundamentals like PE ratio.

MM's are settling all the stocks which ignored last 2 years.

Pton upst rivian roku net coin AI DASH OKTA RBLX .

You name any growth stock they ignored PE ratios and pumped.

Now all the above are 70 to 90% down

 

PE works for value stocks but not growth stocks. Growth stocks grow 100% or more yoy and hence the stock price is forward looking and in anticipation growth trajectory. 

All the stock you mentioned are still the thing in future, rblx could be as big as nflx, UPST didn’t miss an earnings so far and far exceeded estimates(it fell because of macro conditions of rising interest rates as lending becomes harder but when situation goes back to normal the stock is going to bounce back)

[Kakynada]

they're behind amazon electric truck deliveries, 

ford pulled out from the, both amazon and ford blamed rivian

it much reach 10 soon... no money, unless gigantic company comes and help em.

their stupid truck costs 70k, while ford lighting is much affordable....

i am amazed for the fact that its 20 above, do your dd...tho...

GL