Listen up retards, this won't be short.
This was not meant for you apes; Seek ing alpha denied my article because they don't want recent SPACs merger on their website.
So instead of earning cash to spend it on stupid shit, I'm here wasting my time for you all because I don't want 50 hours and 4000 words of research to go to waste, let me tell you gamblers why Microvast ($MVST) is a Hidden gem.
First of all, you retards probably came for the short squeeze potential, rumor has it, there's not many shares left to short sell and Microvast is down 60% from its peak (even after yesterday's 20%+ run), but I could not care less about that, MVST will trade significantly higher once decent analysts start coverage on it and this post will tell you why. You guys are so lucky to have found this now, I've been holding since November when it was $11, so the price right now is still dirt cheap (it was $15 two weeks ago...).
Quick introduction for those of you who don’t know what Microvast is and what it does. Microvast is a technology innovator for Li-ion batteries that designs, develops and manufactures battery systems for commercial electric vehicles and energy storage that feature ultra-fast charging capabilities, long life and superior safety. Microvast believes the ultra-fast charging capabilities of its battery systems make charging electric vehicles as convenient as fueling conventional vehicles and believes the long battery life of its battery systems reduces the total cost of ownership of electric vehicles.
Microvast is expected to grow at a compounded annual growth rate of 87%, their estimates are justified by the growing desire for electrification as well as the growing demand for clean energy and the zero-carbon revolution.
The forecasted battery components revenues (see picture below) come from Microvast being vertically integrated. Their battery components are world-class, significantly differentiating and they are going to sell those parts to some key cell manufacturers in the passenger EV market (specifically their aramid separator and their gradient cathode). They currently ship to passenger vehicle applications (SAIC) but are also engaging with passenger OEMs that have made the announcement that they will manufacture their own batteries (with battery components)\[1\]. They also plan to do the same thing with consumer electronics.
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https://preview.redd.it/alqqdfwu0qf71.png?width=359&format=png&auto=webp&s=f607dd17a8b1c6817205d2e9b561ca0c22eb26dc
Microvast's projected revenues
While their projections may seem optimistic, they were able to secure partnerships with industry leaders representing over $1.5 Bn in contracted revenue through 2027. $44 millions, $125 millions, $172 millions, $250 millions, and $355 millions for 2021, 2022, 2023, 2024, and 2025 respectively. Those numbers were before they recently announced a partnership with eVersum, a high-tech vehicle OEM, specialized in the design, development, and build of the most purposely engineered electric commercial vehicles for passenger transport. The deal has a potential volume forecasted to be more than 100 million €.
There’s a great interview on cheddar news with Shane Smith, COO of Microvast, where he talks about why Microvast went public and raised more than $800 million: “We raised capital to support orders we already had in place. We’ve won more business than we’ve had capacity for”. It seems like Microvast has a great problem; the demand is bigger than the supply at the moment, which is great news as they may not need to spend a lot on marketing if customers are coming to them directly.
\- Microvast has over a decade of expertise in designing and manufacturing battery components (Cells, electrolytes, packs, separators). That differentiates them from most of the other battery makers who source their components from the vendors. It is important to note the cell m