$NISN. $29.0 Cash Per Share.
$NISN 🎯 $ 50.
Great new company.
http://ir.nisun-international.com/
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Nisun International Reports Financial Results for Fiscal Year 2023: Nisun Achieves 65% Revenue Growth and Ends the Year with $29.0 Cash Per Share.
Jul 12, 2024
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On August 8, 9 and 19, 2024, Mr. Liu purchased an additional 102,700 shares at an average price of $9.73 per share, investing approximately $999,156 in total. This purchase increased Mr. Liu's ownership from 19.36% to 21.92% of the outstanding shares.
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Oct 15, 2024
Cash Position: As of June 30, 2024, The Company's cash and cash equivalents were $47.8 million, compared to $114.4 million at the end of 2023. This decline was primarily driven by an increase in advances to suppliers, a strategic investment expected to fund future growth in sales and earnings.
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🎯 $ 50. Bodang Liu is an idiot?
He buys for $ 10.
He doesn't sell for $ 20.
Nisun Achieves 65% Revenue Growth and Ends the Year with $29.0 Cash Per Share. Jul 12, 2024.
https://www.sec.gov/Archives/edgar/data/1603993/000121390024071624/ea0212041-13da2liu_nisun.htm
Sell? 🎯$ 50. 👉 As of December 17, 2024, the Company has repurchased a total of 121,341 shares at an average price of $8.68 per share, for a total of $1.05 million.
Shareholders. 2022
https://q.stock.sohu.com/us/NISN_holders.html
Company. Officers.
https://q.stock.sohu.com/us/NISN_officers.html
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5. PROPOSAL ONE
ELECTION OF DIRECTORS AND DIRECTOR BIOGRAPHIES https://www.sec.gov/Archives/edgar/data/1603993/000121390024092297/ea021893901ex99-1_nisun.htm
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Jinbao Li. Director. Age — 44. "Mr. Li was chosen to serve as a director and Chairman of the Board because of his leadership role as a key member of the executive team, his marketing and customer resources, and business management experience."
https://www.sec.gov/Archives/edgar/data/1603993/000121390024092297/ea021893901ex99-1_nisun.htm
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Mr. Jinbao Li has served as a director of the Company since September 2020 and as Chairman of the Board since May 2024. From April 2016, Mr. Li has been the Chief Executive Officer of Luyao Shanghai. Mr. Li is also the sole shareholder of Luyao Shanghai. As the CEO of Luyao Shanghai, he oversees and is responsible for all aspects of business operations, financial performance, and development of Luyao Shanghai.
https://www.sec.gov/Archives/edgar/data/1603993/000121390024092297/ea021893901ex99-1_nisun.htm
Mr. Xin Liu is nominated to be elected as a director for another term because of his role as a key member of the Company’s executive team, his operational management skills, business and industry experiences.
Mr. Xin Liu has served as a director since September 2020 and as the Chief Executive Office of the Company since May 2024. Mr. Liu has been the Vice President of Shanghai Luyao Financial Consulting Co., Ltd. (“Luyao Shanghai”), a contractually controlled affiliate (or variable interest entity) of the Company, since April 2016. In that role, he manages operations aspects of Luyao Shanghai’s business. From October 2014 to March 2016, he was the Head Manager of the administration and operations department of Shandong branch of Huizhong Business Consulting (Beijing) Co. Ltd. Prior to that, Mr. Li had served as the Head of the International Trade department of Qingdao Antaixin Group Co., Ltd. from September 2012 to October 2014.
https://www.sec.gov/Archives/edgar/data/1603993/000121390024092297/ea021893901ex99-1_nisun.htm
Jinbao Li
Shares + 90 %
(29 Oct 24).
And Xin Liu, shares 210 000.
Shareholders. 2022 👇
https://q.stock.sohu.com/us/NISN_holders.html
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Look.
Compare.
2020, 2021.
And 2023/2024.
GREAT NEW COMPANY.
👇👇
As of December 31, 2020, the Company had cash, cash equivalents and restricted cash of $22.2 million, compared to $2.8 million as of December 31, 2019. This increase was primarily attributable to $2.2 million in operating activities and $19.1 million in financing activities, against $4.7 million used in investing activities.
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Mr. Xiaoyun Huang, Chairman and Chief Executive Officer of Nisun International, commented, "We are pleased to announce our remarkable achievements in the first half of 2021. Cooperating with major players across various industries, we have extended and expanded our business into different fields while achieving positive results and receiving endorsements from the market. We are delighted to see the Company's total revenue increased almost twofold in the first half of this year. In addition, our record half-year operating performance also included new revenue records in two of our core business segments and net income reaching a new all-time high.
HISTORY:
Dec 31, 2020
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Jul 29, 2021
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Sep 24, 2021
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Nov 10, 2021
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May 17, 2022
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Dec 28, 2022
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Aug 08, 2023
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Dec 19, 2023
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Jul 12, 2024
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Oct 15, 2024
It takes remarkable patience to hold on to a stock in a company that excites you, but which everybody else seems to ignore. You begin to think everybody else is right and you are wrong. But where the fundamentals are promising, patience is rewarded.
In order to outperform, by definition, you have to depart from the crowd. You have to hold a different position. And you have to have resolve to do it.
Example:
$NVR is what Munger would call a "cannibal," having bought back 80% of its shares outstanding over the past three decades. Since 1994, EPS has grown by over 75,000% (!). And the stock? Up ~930x. Incredible.