$IDEX - Q3 Results Monday November 9 - An American Company with a Global Footprint https://ideanomics.com/divisions/mobile-energy-global/ https://www.electrive.com/2020/11/02/nissan-to-stop-selling-ices-in-china-by-2035/
$IDEX - Q3 Results Today - End to End EV Solutions "To encourage EV adoption, the Biden campaign set four key targets: building 500,000 public EV charging stations by 2030, restoring the full EV tax credit, shifting government fleets to electric cars, and developing a new fuel economy target." An American Company with a Global Footprint https://ideanomics.com/divisions/mobile-energy-global/
$IDEX- “Intrinsic Value of $2.44/share” “Valuation is attractive given strong revenue growth, expected increase in profit margins and strong balance sheet. IDEX is trading at a steep discount to its intrinsic value. We expect IDEX’s topline to climb from $30 million in CY20 to $100 million in CY22. Its EBITDA margin is likely to expand to 3 3% in CY22 as the company benefits from economies of scale. More importantly, balance sheet is strengthening, IDEX will generate positive FCF next year, and RoE will reach 22% by CY22. We model CY22 EPS of $0.12 and apply a conservative 20x PE multiple to arrive at an intrinsic value of $2.44/share, implying a 151% upside to the current market price of $0.97/share. Overall, given the large addressable market, IDEX’s strong competitive position and its expansion into markets outside China, we believe that the Street is undervaluing the stock and expect it to re -rate as business goals are achieved.” How The US Election Could Impact The EV Industry https://cleantechnica.com/2020/11/04/how-the-us-election-could-impact-the-ev-industry/
NEWS - $IDEX Ideanomics Signs Definitive Agreement to Acquire Cash Flow Positive Timios https://investors.ideanomics.com/20...ive-Agreement-to-Acquire-Timios-Holdings-Corp
NEWS - $IDEX Ideanomics Signs Definitive Agreement to Acquire Cash Flow Positive Timios https://investors.ideanomics.com/20...ive-Agreement-to-Acquire-Timios-Holdings-Corp
Appears the market is appreciating $IDEX after buying California-based Timios Holdings Corp., a leading title and settlement solutions provider. Timios currently has 285 employees and operations in 44 states, and has booked over $60 million in YTD revenues, including over $8 million in October 2020.
$IDEX Ideanomics Inc. - Biden Presidency Is the Boost EVs Need https://finance.yahoo.com/news/biden-presidency-boost-evs-175028373.html
All Indicator lines used as dynamic support and resistance, that change reliance on the price and time. When the price reach and meet one of the indicator, the trend stop, and new trend begin. the system show the next price target at high probability(no 100%). IDEX: IDEX met the high target indicator and break it up. As long as the price above EMA, the trend is bullish.
$IDEX Morgan Stanley Holds 1,386,614 Shares Up +1,341.8% as of Nov 13, 2020 https://www.marketbeat.com/stocks/NASDAQ/IDEX/institutional-ownership/
$IDEX- Ideanomics EV Sector and Fintech Solutions https://investorintel.com/markets/c...-solutions-ideanomics-identifies-opportunity/
$IDEX - China Passes Plan to Boost New Energy Vehicle Industry https://news.cgtn.com/news/2020-10-...energy-vehicle-industry-UuGb6eP9V6/index.html
$IDEX - "... sales expected to surpass $30 million in CY20 and ramp to ~$100 million in CY21 ...." https://www.intro-act.com/uploads/profile_documents/25ADJVC17A6DIDEX_Note_111320.pdf
$IDEX - Cleantechnica - CEO Interview Podcast Electric Tractors Can Revolutionize Agriculture https://cleantechnica.com/2020/11/13/electric-tractors-can-revolutionize-agriculture/
All Indicator lines used as dynamic support and resistance, that change reliance on the price and time. When the price reach and meet one of the indicator, the trend stop, and new trend begin. the system show the next price target at high probability(no 100%). IDEX: IDEX met the high target indicator and break it up. As long as the price above EMA, the trend is bullish.
NEWS - $IDEX- Ideanomics Increases Its Stake in USA e-Tractor Company Solectrac https://investors.ideanomics.com/20...ases-Its-Stake-in-e-Tractor-Company-Solectrac
$IDEX - Trades Up on USA e-Tractor Investment News https://investors.ideanomics.com/20...ases-Its-Stake-in-e-Tractor-Company-Solectrac
$IDEX - Institutional Position Details The top three institutional holders of IDEX stocks are: M&T BANK CORP with ownership of 2,941,446, SUSQUEHANNA INTERNATIONAL GROUP, LLP, holding 2,220,315 shares and MORGAN STANLEY, currently with $3.63 million. Positions in Ideanomics Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 25 institutional holders increased their position in Ideanomics Inc. by around 7,737,893 shares. According to the latest SEC report filing. https://www.marketbeat.com/stocks/NASDAQ/IDEX/institutional-ownership/
