Purchased 1,442 shares of UXIN! 🚀🧨
By - Party-Construction-4
I love it!! Keep holding this one. So darn excited for what’s to come 😃
Average down until 4.37, still HODLING, will buy some more
I am bullish on UXIN after they changed their business model last year to inventory-owned.
99% of sales are now inventory-owned and the numbers from this change are promising. I look forward to next earnings at the end of this month.
Q4 2020 was 2,307 vehicles sold
Q4 2019 was 28,302 vehicles sold
Q4 2020 was US$49.5 million
Q4 2019 was US$71.8 million
*Gross Margin* :
Q4 2020 was +2.9%
Q4 2019 was -59.2%
*Net Loss* :
Q4 2020 was US$26.5 million
Q4 2019 was US$148.9 million
Congratulations. Got in good!!!!
Bought another 3k shares this morning at 3.28!!!
Nice! My funds are gone otherwise I'd buy some more too!
purchased today again another 1700 at 3.30! total 10'000 shares average price 3.50 im in for the long!
This Chinese economy tug of war will settle soon as and uxin will head right back to it old ways up every day and get back to it's 6 baseline from there it can climb for the next couple months