$IDEX – Q3 Results - Monday November 9 MEG delivered a total of 626 EV units, plus 440 EV units in Q3 which are pending delivery. https://investors.ideanomics.com/2020-10-15-Ideanomics-Announces-MEG-September-and-Q3-Sales-Activity
$IDEX – Q3 Results - Monday Nov 9 ... delivered a total of 626 EV units, plus 440 EV units in Q3 which are pending delivery... "China Aims to Rid its Roads of Pure ICEs by 2035" https://www.electrive.com/2020/10/3...s are expected to fall by 20 per cent by 2035.
$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
$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/
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
