 Boom What's up money gigs Mr. V here welcome to another video guys so into this video we are going to talk about ticket symbol and IO Neo so this is a company that we've covered here on the channel you guys know that I'm long neo and I continue to find Opportunities to keep adding to my position as I see fit So there's been some new development as far as the company and some stuff that they're working on I want to make sure that I cover that which you guys also neo has their queue to you Earnings call coming out tomorrow So I want to make sure that we also talk about that and I give you guys some of some of the things I'm looking at and what to expect But before we get started guys if you're new to the channel We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button any notification bell So you don't miss out on you Content so when it comes to neo guys, this is again a Chinese electric company So I don't think that if you if you've been watching my channel You probably already know about neo or you probably own the stock So I'm not gonna go into the new ones there But I'm just gonna focus on some of the updates that they have and also we'll talk about their earnings call So the game most recently neo When they make any changes when there's any news guys that always try to make sure that we cover that here on The channel. So you guys are away. So neo recently Make some really hit a milestone that I want to make sure that we cover it here So if I can just switch here, so neo baddie swap station rich 350 half of its Renewed go for the year. So this is something that neo had set the target. So they wanted to put over I think over 500 Charging station across China. So it looks like neo is on par with that. They continue to Put those charging station across the country and again guys I've talked about this here on the channel that neo for some reason has found favor with the Chinese government So of all the other companies and they crack down and everything so far neo is still sitting pretty good They haven't had any issues with the Chinese government, which tells me that they Really have favors with them. So that's really important The fact that these are charging stations or swapping stations are still going on and again for those of you guys that don't understand What these swapping stations are? Basically with a neo car. What do you do is you drive up to the swapping station? Again, the whole thing is automated. You would have Automated system will take out the batteries from the car. That's not charged or that's Low in charge and then replace it with a fully charged Barry right now They're saying they do that under five minutes, which I think it's crazy. I haven't seen it in action I mean I've seen videos how it works on a neo's website, but I've never seen one in person So but they say it does it on the five minutes So I mean I'll take the word for it because that's something that's easy for somebody else to prove So they're building these stations across China so that instead of you Going and plugging your your electric vehicle to get charged You can simply just drive in it takes about five minutes You swap the battery with a fully charged battery and you out the door and for neo This is a subscription based business where as a company they make good money doing that So that's something that I think is pretty unique about them So again, some other good news that neo actually put out just this month or last month If you can see here, they provided an update for the July delivering numbers as well as the fact that their First ES it got shipped to Norway So I think I covered that in our previous video here in the channel But if you didn't watch that video definitely those are some of the updates that Neo did which I think it's really really good. So again These baddies swap stations being placed and then these delivery numbers that came out and also expanding into Europe and Norway again, like I said, I talked about that here on the channel. So again, if we go back The key things are when it's like neo is going to report their q2 earnings tomorrow. So that is going to be August 11 after market close in the US. So after 3 p.m. Central time then at any time after that they're going to report their earnings. So for me What am I looking at here? What were the guidance that neo gave us for q2? What did they tell us they were their goals were so the first thing is that they give us Delivery numbers somewhere between 21,000 to 22,000 vehicles. They wanted to deliver that many vehicles In q2 and so I think that's that's pretty good if they can match that and actually do it then they're on track and then they Estimated their revenue to be about 1.25 to 1.3 billion dollars So those were the guidance that they give so we have to see if they can meet those guidance or That would definitely impact how Investors react after the earnings call comes out. So to me that's something that I want to make sure that you guys are simply Aware of so what major thing though for the month of July neo actually did well They're delivery so that they deliver a good numbers, but compared to Xpeng and Lee Otto Neo was actually lagging even with the whole struggle of chips in You know in making vehicles every every company from Tesla to Ford most of these car manufacturers had the cheap shortage So neo also faced that challenge, which I think is one of the reasons why Their delivery numbers were impacted for the month of July, but I anticipate that that's not gonna happen again Moving forward. So what do I expect so based on that the fact that? Neo didn't really meet their Delivery numbers or got beat by X Xpeng and Lee Otto for the month of July That might not feel good for investors You might see a little pullback and then if they miss their their revenue One between 1.25 to 1.3 billion Expect that investors are not gonna be happy with that as well as if the total overall delivery numbers Which came out to I think about 21,000 and some in some change Right now that's where it's sitting at the total of our delivery numbers. So Investors will probably be like hey, we wanted to see more why not 22,000 why not 23 and they can explain That is because of the shortage of the cheap shortage that they couldn't do that delivery. So that might be Something that you would see Moving forward. So again, those are some of the things that just from a guidance standpoint that I'm gonna be looking at And so if neo miss out again on the revenue on the delivery numbers Expect a pullback. These pullbacks guys is a buying opportunity for those of you that are looking to add to your position Or to get into the stock. So when it's something like this happen Make sure that you take advantage of this and actually go in and buy the the dips and that's how you continue to build a Long-term position in my personal opinion. So as you can see guys again, neo is poised to come out tomorrow I Anticipate that they're gonna be there the delivery numbers that 20 21,000 to 22,000 vehicles They're gonna fall somewhere within that range for deliveries. I'm pretty sure I don't know about the revenue though If the revenue really catches that 1.25 to 1.3 if it's somewhere between there And I'm pretty sure neo is not gonna take that big of a beating But if they miss out at any of those numbers Anticipate that they're gonna take a massive beating and they will also want to see their projections What are the guidance that they're gonna give for q3? They look improving on those numbers the delivery numbers from between 21 and 22 to say 24 and 25 and then revenue to say 1.5 to 1.6 billion I want to see those too if they give those numbers and everything comes out We say the stock price is spreading and see a little jump But if not if they miss out you're gonna see a pullback but for long-term investors That's an opportunity for you to jump in and continue to buy and improve or increase your position size Again, let me know in the comment section what you guys think about this If you're new to the channel guys to talk about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content also guys if you are looking to get started with investing Webo has the promotion where if you sign up and deposit five dollars You get free stocks at no cost to you links in the description below and as always guys Do you do that again? 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