My biggest problem is with the inconsistency shown by the management in sticking to their forecasts. As an insider, they should know how many e-buses they would be able to manufacture and sell, and the continuous downward revisions give me a signal that the management is not very astute. I don’t trust the numbers anymore and I wouldn’t give a premium to this stock.
For JBM Auto, unfortunately they do not give you a lot of information (no earnings calls etc.) but the sales growth has been decent.
The sector is a high growth one and definitely worth keeping a watch on.