Look for Enovix latest investor updates and their stock price. Hold on stocks patiently and DCA when market sentiment recover on federal reserve decision next week.
There is growth in EMS business. Operator will have to buy back at higher prices as no investor willing to sell cheap anymore once EMS scales and foreign fund coming back to tech stocks.
$ENVX begins shipment of EX-1M battery cells to customers from Malaysia fab 🔋
Enovix is on track to commence high-volume production in 2025.
COO of Enovix, Ajay Marathe: "I'm incredibly proud of our team in Malaysia for achieving this major production milestone so soon after the facility's opening”
“This success with the Agility line is an encouraging early indicator as we prepare for the high-volume line, which is on track for Site Acceptance Testing (SAT) completion.”
Enovix completed internal UN38.3 certification for cells now shipping, which is the UN standard for safe transportation of Lithium-ion batteries, only granted to products that meet strict international safety and abuse tolerance standards through a series certified test protocol.
According to the article above, the estimated revenue of Enovix: FY 2023 7 mil FY 2024 20 mil FY 2025 53 mil FY 2026 236 mil FY 2027 562 mil
These estimates are nice but they are just estimates. Nobody is sure what will happen in the coming years. The share price of YBS is unlikely to jump much while investors wait for more financial data when quarterly reports are announced. I look forward to the next milestone announcement and the upcoming quarterly reports.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mrhunter88
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Posted by Mrhunter88 > 2 months ago | Report Abuse
pp 0.840..complete Q3 2024..operators must push up back above 0.840cent.