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Joanna Chan 5.0 1 idea

Head of Content, Blockworks
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BYD
Boyd Gaming Corporation
BYD's Q1 results were solid, with gross profit margin a key highlight (higher than Q1 last year due to mix). Q1 is the trough and the order book is very strong: over 60,000 orders in the first month and 30,000 for the new Denza model in 24 hours. New model ramp-up and continuous product cycle will support margin and volume improvement in coming quarters.
Consumer  · Apr 29 · YOUTUBE
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LONG MED
Positions
TickerDirEntryP&LDate
BYD LONG $86.86 Apr 29
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BYD at turning point, recovery ahead
BYD's Q1 results were solid, with gross profit margin a key highlight (higher than Q1 last year due to mix). Q1 is the trough and the order book is very strong: over 60,000 orders in the first month and 30,000 for the new Denza model in 24 hours. New model ramp-up and continuous product cycle will support margin and volume improvement in coming quarters.
BYD HIGH Bloomberg Markets Apr 29, 08:42
Joanna Chan
Head of Content, Blockworks
Joanna Chan (Head of Content, Blockworks) | 1 trade ideas tracked | BYD | YouTube | Buzzberg