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How You Can Make £1000 Per Month With Dividends

Dividend investing has become very popular over recent years. In fact, dividend stocks now account for nearly half of all publicly traded U.S. equities. The reason why investors love dividends is because they provide consistent cash flow without having to worry about share price fluctuations.Photo byBlogging GuideonUnsplashYou don’t have to wait until retirement to start earning income from dividends. There are plenty of companies that pay out regular dividends every single month or quarter. All you need to do is look at their financial statements and see whether or not they’re paying out enough to cover your costs.In today’s post I will be covering why dividend investing is a great strategy for many people. I will also be covering how you can make over £1000 per month with dividends. Stick around to see examples.How Dividend Stocks WorkA dividend is a payment made by a corporation to its shareholders. Companies usually announce dividends during earnings calls or filing with the Securities and Exchange Commission.Investors need to know what the dividend payout percentage is before buying shares. Some companies pay out 95% of profits while others pay out 5%.There are many different ways companies determine how much to pay out per quarter. For example, some companies pay out a fixed amount based on the number of outstanding shares. Others use a formula that takes into account the price of the stock, the number of outstanding shares, and the historical average yield for the industry.When an investor buys shares after the ex-dividend date, he or she won’t receive any dividend payments until after the next record date. Investors should pay close attention to the ex-dividend dates before making purchases.What Is the Dividend Yield?A higher stock price does not necessarily translate into a higher dividend yield. In fact, some stocks pay no dividends while others pay high dividends. Companies do this because it makes sense for them. Some companies prefer to use cash flow rather than earnings to distribute money to shareholders. Others believe that paying dividends dilutes their brand image.The best way to find out about a company’s dividend history is to check out their financial statements. You can find them online. They show you where the company earns revenue, spends money, and distributes profits. You can see how much money the company earned, spent, and distributed over the previous 12 months. If you don’t understand the numbers, ask someone who does.You can calculate the dividend yield by dividing the amount of dividends paid by the current market value of the company. This gives you the percentage of dividends paid out of the total worth of the company. So, if a company had a market value of $100 billion and paid out $2 billion in dividends each year, the dividend yield would be 2%.If you buy a stock just because it has a high dividend yield, you could lose money if the company goes bankrupt. A high dividend yield may seem good at first, but if the company can’t sustain paying out the high dividend yield along with running the business, then the dividend will likely be cut. Or worse, the company may go bankrupt.Using this information we are able to work out exactly what it takes to make £1000 per month. So to start we want the yearly earnings which would be £12000 (ignoring tax calculations for this).Then using your dividend yield you can find out how much is needed to reach the £12000 per year. Let’s say we have a 1% dividend per share. That means our £12000 is the 1% we would receive from the stock in question. To go from 1% to 100% which would be the total investment we multiply the value by 100.Doing that to the £12000 gives us £1,200,000If you are using any other values to workout this number then use the formula below(Desired Annual Wage / Dividend Yield ) * 100 = Total Investment RequiredTaxes on DividendsIn the UK, dividends are taxed depending on your income bracet. Meaning if you earn a lot of money, then you will be expected to pay more in taxes on your dividends. Examples of Dividend StocksTo help give you an idea of some dividend stocks you may be interested in, I have included a list of dividend stocks below. The list is in no particular order and values are taken at the time of writing this so dividend yields may have changed by the time you are reading this:PepsiCo ($PEP): 2.7% dividend yield   $Pepsi(PEP)$ 3M Company ($MMM): 4.90% dividend yield  $3M(MMM)$ AT&T Inc. ($T): 6.46% dividend yield  $AT&T Inc(T)$ General Electric Company ($GE): 0.44% dividend yield  $General Electric Co(GE)$ Coca Cola Company ($KO): 2.88% dividend yield  $Coca-Cola(KO)$ Walmart ($WMT): 1.68% dividend yield  $Wal-Mart(WMT)$ Procter & Gamble ($PG): 2.66% dividend yield  $Procter & Gamble(PG)$ Dividend investment strategiesA dividend portfolio is an effective strategy for building wealth over time. A dividend portfolio allows investors to benefit from the steady flow of income that companies distribute to shareholders each year. Companies use dividends to reward shareholders for supporting the company through good times and bad.Pay attention to a company’s long term growth prospects before making a final decision about whether or not it makes sense to invest. You want to make sure that a company is growing because it is profitable and not just because it is having trouble paying down debt.There are many different types of dividend investing strategies to choose among. Some people prefer to focus on high yielders while others like to look for value. If you’re looking for a low cost approach, consider index funds. They track broad market benchmarks such as the S&P 500. Index funds charge very little in fees, but they do not actively manage the fund. This means that there is no human intervention involved in picking which securities to include in the fund. Instead, the fund manager simply buys and sells securities based on what the benchmark tells him to do.Mutual funds are another option. Like index funds, they are passive investment vehicles that track indexes. However, mutual funds typically have higher expense ratios than index funds. These expenses are paid by shareholders in the form of higher fees. In addition, some mutual funds require sales charges to sell shares.Both ETFs and mutual funds offer diversification and lower risk than holding individual securities. By owning both an S&P 500 index fund and a technology stock ETF, you can gain exposure to the overall performance of the market without worrying about specific sectors.How To Find Success With DividendsDividend investing offers a great way to grow wealth over time. However, if you want to find success with dividend investing, then there are a few bit’s you should knowInvest In Dividends With A Good HistoryCompanies with high dividend yields often pay out dividends quarterly. This makes sense because companies want to keep investors happy and retain customers. However, paying out dividends every quarter also limits how much money a company can invest in growth. If a company doesn’t increase its dividend, it could eventually stop growing its dividend altogether.When investing in stocks with high yield, it’s important to look beyond just the current yield. Investors should consider whether the company will likely maintain its high yield over time. Companies like Apple Inc., Berkshire Hathaway Inc., and Exxon Mobil Corp. have maintained their high yields over long periods of time. While some companies struggle to maintain their high yields, others are able to do so without sacrificing their competitive edge.Reinvest Your DividendsThe best way to invest for growth is to reinvest dividends into more shares. This strategy allows you to build wealth over the long haul without sacrificing current income. If you reinvest your dividends, you’ll earn even greater returns over time.According to Morningstar, dividend stocks outperformed both the S&P 500 and the Russell 2000 Index by nearly 3 percentage points per annum over the trailing 10-year period ending December 31, 2018. $S&P 500(.SPX)$  $Global X Russell 2000 Covered Call ETF(RYLD)$ Avoid the highest yieldsWhen you buy shares of stock, it’s important to avoid the highest yield. This is because high yields are usually associated with low share prices. If you do decide to purchase a stock that has a high yield, make sure you understand what the yield represents. You want to know how much money you’re getting paid for holding onto the stock.You don’t want to purchase a stock because of a high yield only to find out the yield only seems high because of recent stock decline leading to a companies downfall.Buy and hold for the long termWarren Buffett once famously said, “You don’t find many people who buy what they sell.” A lot of investors take his advice to heart, buying shares of companies whose products and services they use every day, like Apple, Amazon, and Facebook.If you sit on these companies for the long term and they continue to do well, then you can grow your wealth many times over a life time.SummaryDividends make sense when you want to invest for the long term. They allow you to build wealth slowly but steadily, which makes them an excellent choice for retirement. But they aren’t always right for everyone. Before you dive headfirst into dividend investing, do your research and ask yourself whether or not it’s right for you.Follow me to learn more about analysis!!
How You Can Make £1000 Per Month With Dividends

Bilibili Q2 2022 Q&A Session Transcript

Q&A(Question-and-Answer Session)is a session after the company's prepared remarks where institutional investors and analysts ask management questions. In this dialogue, you may find some valuable information that might affect the stock price in the following weeks.Now let's look at some key points from $Bilibili Inc.(BILI)$$BILIBILI-SW(09626)$ Q2 2022 Q&A Session TranscriptQ:So my question is on the user side. BILI's MAU have surpass over 300 million this quarter. And we also noticed that, in the second quarter, the DAU actually outgrows MAU, and the average time spent per user also grow quite nicely. So I was wondering, what's the driver behind? And also what's management's expectation for the DAU and MAU metrics for the second half and also in 2023?A:I will share 3 points. As you may all aware, there has been a significant change of macro environment globally. However, we think the fundamentals of Bilibili remain unchanged. Here are 3 points that's supporting our growth.Videolization, for a start, is a global phenomenon. And we think the videolization movement will continue for 3 years at least. And this will also support Bilibili's growth, not for just 1 year, to 2 years, 3 years, as this will continue to support us.The second thing is the young generation needs their own culture and entertainment content. We have half of our users are below 25 years old. Why they're using Bilibili? Because we are providing their own cultural and content product.Third point is the consumption upgrade is still the largest driving force within the consumption sector, and the content consumption will be a major part of it. The Z generation, the Z+ generation, are more willing to spend their money into spiritual and cultural products, cultural consumption.I believe Bilibili is on the front line of this movement. That's why these 3 points is supporting our continued sustainable growth in the future.As you mentioned, indeed, for the past 2 quarters, our DAU growth rate has outpaced the MAU growth rate. That's because we have keep emphasizing that we will focus on the quality of the growth, which means the DAU and engagement level, time spent.And not only our DAU has surpassed the MAU growth rate, our daily user time spent has also improved sequential year-over-year for many quarters. And our daily video views grew over 80% and our user engagement, multiuser engagement numbers, has also grown significantly. So this is a very healthy model that the video views and engagement outpaced the DAU, and the DAU itself outpaced the MAU, means the community has become more sticky and engaged.On top of spending our money more wisely, we believe that our business model, which is the content ecosystem-driven business model, is more healthy.As for our content categories, it has been very healthy across different verticals. Our traditionally strong anime, music, food, it's growing very healthily. We are also witnessing a lot of new category expansion. Because we have such a healthy ecosystem, you can continuously discover new content creator, very high-quality content. And we have many, many new titles that went viral. For example, the phenomenal Second Uncle PUGV has been a perfect example of how Bilibili can continuously create high-quality content. And you can discover very talented content creator on our community.And secondly is our multi-scenario, multi-content category approach, is also helping us to grow healthily. As you may see from our platform, the PUGV live broadcasting, OGV and even the newly emerged Story Mode, they are all growing very nicely. And we are actively supplementing those video scenarios that's helping our users become more engaged.Here, I wanted to lastly to -- wanted to really emphasize our MAU target, which is 400 million by end of next year. And we won't be achieving this number just for the sake of achieving a number, but we will be more focused on the quality of the user growth. As you can see, we're putting more emphasis on the DAU growth. We wanted to achieve a healthy and sustainable growth going forward. Thank you.Q:My question is regarding the progress on Story Mode. The viewership has shown strong growth. Can management give more colors of the positioning and the strategy of the Story Mode? And how is the progress on Story Mode, like its ecosystem and the commercialization?A:For the past 2 quarters, we've seen a lot of attention being placed on the Story Mode. Indeed, we have delivered a very outstanding result of how Story Mode expanding its traffic. And the reason why behind that is partially because this is from 0. We're growing this from 0. However, I wanted to emphasize here is that overall -- our overall traffic is also growing very significantly. And Story Mode is the incremental traffic add on to our total traffic. For example, if you look at the total VV, we grew by 83% year-over-year. And the PUGV video views also grew over 50% year-over-year. Our Story Mode rose 400% from a very low base. But I just wanted to emphasize, this is indeed a very nice incremental traffic growth to our ecosystem. But don't forget, our overall traffic is also growing very nicely.Here, we always talked about the strategy of growing multi-scenario, multi-content category, and Story Mode is the representation of that strategy. And Bilibili's video ecosystem is a comprehensive, full bodied, well-rounded content ecosystem that centers around PUGV. And along with live broadcasting, story and our smart TV application, all of that is a natural extension of our original PUGV ecosystem, whether it's adding a new scenario for users' fragmented time or allowing the original content creator to become live broadcasters, this comes from the original PUGV ecosystem.As for the Story Mode, we believe it's a very important supplement to our original content ecosystem. This product satisfy users' on-the-go entertainment needs for their fragmented time and satisfies users' kill-time need for a 1- or 2-minute video. Probably there's 10 times of that need will come up during the day. And combined together, it would be a certain longer period of time.And more importantly, we believe the Story Mode has been very beneficial for us to improve the engagement level of those users that are less active. Some of them might think some of the video on Bilibili is too long or is more difficult to comprehend. The launch of Story Mode is helping them to quickly adapt into the Bilibili community, to help them understand, to give them a quick start to blend into our community.Additionally, Story Mode has been very beneficiary to the newly joined content creator or the content creator with fewer followers. In the past, for them to grow their followers, they have to spend a lot of time to create high-quality, longer period of PUGV. Now we are providing there a new option to create a lighter, shorter creation. And this smaller creation comes together, will help them to grow their followers more quickly.We are also noticing that this launch of Story Mode is helping those content creators who originally are good at creating short-form videos, are providing them additional opportunity to grow and expand their influence on Bilibili. In the second quarter, we've noticed that the number of content creators who achieved 1 million followers, 60% of them will benefit from the traffic growth of Story Mode.Lastly, I wanted to emphasize that even though it's a shorter, vertical video, but if you browse through the content, you can tell immediately this is Bilibili featured, high-quality video. The algorithm, the recommendation system behind the Story Mode, is identical to the PUGV algorithms. We put same amount of weighting and emphasize the content quality and users' positive feedback towards the content.And additionally, our users are very inclined to engage within the Story Mode. From -- the data shows that the user who cast light in the Story Mode has been significantly higher than the Story Mode total percentage of revenue. That means that our users are recognizing the quality of the Story Mode videos. I believe, in the future, they will be definitely very typical and very popular Story Mode video born and went viral in the space, and there will also be original Bilibili Story Mode video content creator emerging. And we are already noticing that. For example, the content creator named [Shenchen Za Wuxing], would be a perfect example for the Story Mode typical high-quality content creator.Q:And my question relates to advertising. Given the macro headwinds and the resurgence of COVID-19, what measures do we take to make the advertising business grow? And how does management think about the trend of the advertising scene in the second half of the year? Also a follow-up question on Story Mode. We have launched advertising. How much utilization in Story Mode since April? So could you share more details about it?A:A combination of global macro economic challenges and repeated COVID outbreaks in China are not only causing significant impact on our advertising industry in the short term, but also will be a lasting impact in the next 1 to 2 years. We've noticed that the budgeting is shrinking, advertisers have become more conscious when thinking about investing in brand advertising. And emerging industries are also struggling. So all of these factors are actually the status quo. At the same time, we've also noticed that the platform with high user value and high conversion efficiencies will stand out. However, it will still be tougher to do business, especially in ad business, if we are comparing to 2021 or prior years.Within this challenging macro environment for Bilibili's ad business in the second quarter, we grew our business 10% year-over-year. We are one of very few names that achieved year-on-year growth in the advertising sector and also achieved a market share gain.What we'll do to cope with this change, we believe in every crisis lies great opportunity. In cope of the current challenges and opportunities, we raised our strategy for the next 3 years, which is growth-centered; community-prioritized; and content ecosystem plus commercialization, dual-engine powered. This is the first time we're putting commercialization and community ecosystem at an equally important position.We have completely integrated the live broadcasting and video community on the organizational structure level and achieved live broadcasting plus video all in one structure. This helped us to create a closed loop ad in multi-scenarios. At the same time, we further integrate our commercialization system with our content ecosystem. Namely, we created two middle platforms, plus two business center structure.The two middle platforms, two business center. One is a large middle platform serving all commercialization efforts with the goal of improving traffic-linked monetization efficiency. This will be the infrastructure of our ad business and will also empower many income business segments. Another one is a smaller middle platform. Its main purpose is to serve and help our content creator to increase their earning power and improve their overall earning experience. And the two products will be, investors are familiar, Sparkle ad platform and the live video e-commerce product. And above mentioned adjustment will help our team bond together on a strategic thinking and execution level to create barrier-free self-reinforcing and positive cycle that stimulates our content ecosystem, user growth and business growth.Our advertising methods will be further iterated in the second half of this year, but the two following things will remain unchanged. One is focused on the infrastructure. Strengthen this construction of our algorithm and data power, optimizing -- optimize the realization of different scenarios and help improve efficiency of our products. We'll also look to build a scientific marketing system that's based on data construction. And the second thing remains unchanged, is to provide a well-rounded one-stop solutions for industry verticals, such as games, e-commerce, FMCG and automotive industries and et cetera. So that's the key accounts and industry -- different industry budgets we can fully absorb.To see the trend for the second half revenue trajectories, we do expect that the overall app grossing will grow about 20% year-over-year in the third quarter, thanks to the ad efficiency improvement and the iteration of our integrated marketing solutions. And for the second half of this year, we do notice that the budget from brand advertisers remain largely uncertain due to the macro environment. However, our multi-scenario ad approaches, including the Story Mode ad, transaction-based ads, will help us to gain new market share.In Q3, we are looking to further open our ecosystem with our industry partners. We have already established initial partnerships with e-commerce platform, like Taobao, Tmall, Jingdong, Pinduduo. And we'll make active trial in models like making sales recommendation in our native ads and context transaction execution. Going forward, we'll also conduct various collaboration with brand advertisers and consumer goods players. In the short term, we can -- we believe we can achieve revenue growth driven by products like [Sparkle Story] and [Project Takeoff]. In the mid- to longer term, the above-mentioned collaboration will help us to establish a commercial environment and build user consumption behavior we believe we want it to. This can help us to create an ever-growing commercialization environment within our ever-growing content ecosystem.From an industry perspective, we will remain our edge in leading verticals, such as games, 3C and digital products, food and beverage, skin care and cosmetics. Among which, we believe we have standout in the mobile games, automotive and digital products. We've seen that in the first half of this year, our mobile games -- ad revenue from mobile games sector grow near 90% year-over-year, and ad revenue from automotive industry grew over 110% year-over-year.Rui Chen[Foreign Language] You mentioned about the Story Mode. Indeed, it's a new ad scenario, and it's incremental traffic growth for our company. And we've also witnessed that the eCPM for Story Mode ads is also much higher compared to the traditional text and picture-based ads. This will help us to grow our advertising revenue in the short term. But if we look at a longer period of time, from 2023 to 2024, '25, the ad business growth will largely depend on our ability to build a well-rounded ecosystem that's ecosystem-based, industrialized, integrated marketing solution.Under the current challenging macro environment, we still hope and believe our ad revenue growth can be as healthy and as sustainable as our user and community growth. We are also confident to deliver and achieve win-win situation with our business partners. Thank you.The above Q&A are highlights that are edited for brevity.Click here for the full Bilibili Q2 2022 Earnings Call Transcript.​​​​​​​​​​If you want to know more details,you can click here to re-watch the  Bilibili Q2 2022 Earnings Conference Call​
Bilibili Q2 2022 Q&A Session Transcript

Join Tiger's 2022Q2 Earnings Call to ask CEO!

Please leave your questions in the comment section, and you will receive 30 Tiger Coins.UP Fintech ($Tiger Brokers(TIGR)$) announced its unaudited financial results for the three months ended June 30, 2022. During the reporting period, UP Fintech registered revenue of US$53.5 million. Non-GAAP net income was US$3.5 million, compared to a non-GAAP net loss of US$4.4 million in the same quarter of last year.During the reporting period, the number of customer accounts increased by 38,800, totaling 1.9 million, and the number of customers with deposits increased to 731,400, up 38.2% from the same quarter last year. Over 70% of funded accounts were from markets outside of mainland China. Net asset inflows from customers exceeded US$1.5 billion during the second quarter. The company retained 99% of its customers on a quarterly basis."For details of financial report, please click: UP Fintech posts revenue of US$53.5 million in 2022 Q2Tiger Brokers will host its Q2 Earnings Conference Call at 20:00 Beijing Time/ SGT today. Please click: Q2 Earnings Conference CallThe meeting will have an "Individual Investors Q&A" session. Please leave your questions in the comment area.All Tigers who leave a comment on this post will receive 30 Tiger Coins. 💵 💵 💵 Excellent questions will also have the opportunity to be answered directly by CEO during the live broadcast.⏰The activity will last until 8 p.m. SGT~$Tiger Brokers(TIGR)$
Join Tiger's 2022Q2 Earnings Call to ask CEO!

🔥Stock Prediction: How will NIO close following their Earnings Report on September 7?

悬赏10000虎币Click to vote. Can you predict where $NIO Inc.(NIO)$ will move following their earnings? If you get the right answers, you can get 20 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins.$NIO Inc.(NIO)$ is scheduled to announce its Q2 earnings results before the market opens on Wednesday, 7 September 2022. Lets's guess where NIO will move following their earnings?​💡Highlights of this quarter:Previously released data has shown that NIO delivered 25,059 vehicles in the second quarter, down 2.75 percent from 25,768 in the first quarter and up 14.45 percent from 21,896 in the same period last year.NIO's previous guidance for second-quarter deliveries was 23,000-25,000 units. Its actual deliveries in the second quarter were above the upper end of the range.NIO's local peers XPeng Motors and Li Auto both previously reported second-quarter revenue that exceeded expectations, but their guidance for the third quarter was very weak. It is important for investors to focus on guidance for the second half of the year in this earnings report✅ NIO Q2 earnings consensus NIO's revenue guidance for the second quarter was RMB 9.34 billion-10.09 billion, representing a 10.6 percent to 19.4 percent year-on-year increase. Wall Street Consensus Estimate for EPS has been RMB -1.25 per share over the past 30 days. The consensus mark for revenues is currently pegged at RMB 9.91 billion💰Activity DetailsClick to vote. Guess where $NIO Inc.(NIO)$ will move following their earnings? If you get correct answers, you can get 20 Tiger Coins.Reply and forward this post, share your insights about NIO's financial reports, we will give 100 Tiger Coins with outstanding comments.⏰Event TimeThe deadline for this event is 22:00 on 7 September 2022, SGT🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$
🔥Stock Prediction: How will NIO close following their Earnings Report on September 7?
avatarkoolgal
09-01
With the US markets closing down for 4 consecutive days, it looks like September is on track to be the worst month of the year.Ever since Jerome Powell's hawkish speech last Friday at Jackson Hole, the stocks markets have cratered as investors are bracing for aggressive rising interest rates.  It is almost certain that 0.75 rate interest rate increase is on the cards this September.How would I trade?  It is business as usual for me.  I am simply dollar cost averaging my favourite ETFs like $SPDR Portfolio S&P 500 ETF(SPLG)$  and $SPDR Portfolio S&P 500 Value ETF(SPYV)$  as my time horizon is long.  I stand ready to deploy my warchest to buy quality stocks like $Apple(AAPL)$ $Microsoft(MSFT)$ which may be trading at a big discount to their intrinsic value.That's what Warren Buffett would do.  Buy when there is Fear in the market and reap the rewards long term. @Tiger_chat  @TigerStars  @MillionaireTiger  
avatarChris23
08-27
$Salesforce.com(CRM)$ you have to own this stock in your portfolio. CRM recently reported its quarterly results as follows: • Revenue of $7.72 Billion, up 22% Y/Y, 26% Constant Currency ("CC")  • Current Remaining Performance Obligation of $21.5 Billion, up 15% Y/Y, 19% CC The company also provided strong guidance given the current macroeconomic headwinds: • Third Quarter FY23 Revenue Guidance of $7.82 Billion to $7.83 Billion, up ~14% Y/Y, 18% CC • Full Year FY23 Revenue Guidance of $30.9 Billion to $31.0 Billion, up ~17% Y/Y, 20% in CC • Full Year FY23 GAAP Operating Margin Guidance of ~3.6% and Non-GAAP Operating Margin Guidance of ~20.4% • Announces share repurchase program authorized by Board of Directors to repurchase up to $10.0 Billion CRM's financial results highlight that Enterprise SaaS remains resilient in a challenging macroeconomic environment. The company has a wide moat and has even announced that it is raising prices for its communications app, Slack. With such pricing power, CRM is on track to achieve its goal of $50 billion in revenue in FY26. CRM is trading at a forward PE of 31.66x which is the lowest since its IPO in 2018. At current prices, I believe that CRM shares provide a great value for money as a market leader which is growing rapidly and crushing its competitors.  @TigerStars @TigerEvents @TigerObserver

Grab Q2 2022 Q&A Session Transcript

Q&A(Question-and-Answer Session)is a session after the company's prepared remarks where institutional investors and analysts ask management questions. In this dialogue, you may find some valuable information that might affect the stock price in the following weeks.Now let's look at some key points from $Grab Holdings(GRAB)$ Q2 2022 Q&A Session TranscriptQ:Could you talk a little bit more about the path to reducing incentives going forward? And maybe a little bit more on what's allowing you to do that? Is that there's just less competitive intensity? Have you reached enough scale and the operational metrics are good enough that drivers and providers, flyers, whatever, don't need as much incentives as they do in the past?So just spend a little bit more on whether it's competitive, structural or scale factors that are allowing those incentives to come down and continue to come down. And then could you also just talk about this kind of low-quality GMV. How big is that in the deliveries segment? And it sounded like you're talking about lower quality consumers. So maybe just a little bit more of an explanation of what's a lower quality GMV, consumer versus one that's higher quality?A:Let me address the incentives firstly, and I'll get to on the quality of GMV segment, how we're thinking about it. So on the incentives, you're right. We've been bringing our incentives down. In this quarter here -- in the second quarter, our incentives was 10.3% as a percentage of GMV, and that's down from 11.6% from the previous quarter.And if you look at the fourth quarter, we were at 13%. So we've come a long way, close to 300 basis points, as a percentage of GMV, improving our incentives. What's causing -- what's driving that also? It's just we're getting better at it, Mark, to be honest with you. We're actually looking at the platform as a whole, we're making product enhancements as a whole also at the same time. And structurally, also the market is rationalizing at the same time.So it's all those building blocks that's coming together that's making our incentive spend, a lot more efficient also and also enables us to bring it down in the second quarter, and we'll continue to bring it down also in the second half of this year.Now in terms of -- as we -- you asked a question about GMV, how we think quality users, how we're thinking about it is -- and it's something also that we've been working from the beginning of this year, it's all about targeting the right user base into our top of the funnel. And what I mean by high-quality GMV users is we are targeting users who are less sensitive to incentives. It ties back to earlier question about incentives.And why that's important to us, Mark, is because we see opportunities for more ability to cross-sell those users. The data shows that the users that were able to cross-sell has higher retention and higher spend. And if you look at the second quarter, 62% of our users use 2 or more offerings, and that's up from 56% at the end of last year. we're continuing to drive more cross-selling and those users that we are targeting are a lot more -- their lifetime value is extending higher.So that's why we are very, very specific in targeting those users want to drive greater engagement. And part of that actually, Mark is the grab unlimited, which is the subscription product also that we're beginning to pilot also. It ties in together with those user base.Q:So could management share with us specifically which countries that you are seeing more significant slowdown in the user demand post the economy reopening? And among the food delivery and grocery delivery, so is the demand for grocery decline more? Or is it mainly come from food delivery?And kind of within the food delivery, so do you have like color or details on what type of restaurant or what kind of cuisine that we are seeing the biggest impact? A:I'll talk a bit more about deliveries, especially on growth. I won't go into specific cuisine types, but I'll just share -- what we are seeing with some of the growth trends and consumer behavior is dining out has taken place. And we actually anticipate some softening of the food delivery demand. And that's why we lowered our GMV estimates to 25% to 29% on a constant currency basis.Now we are optimistic on the long-term potential of our diversified deliveries business, given the huge market opportunity and the relative use of our grocery segment. If you look just as an example, our mart business is only about two years old. And mart -- GrabMart grew close to 200% year-on-year.On more about the consumer behavior changes -- how we think about it is what levers do we have within deliveries to meet these user needs. One lever we've been thinking about and we've been acting on is just diversification.For example, customers want to save money. By not only ordering food delivery, they may -- actually show a preference to order groceries to cook for themselves, and we have that on our platform. We've also actually introduced differentiated delivery time windows to let users choose a time that has a cheaper delivery fee when we have cheaper off-peak supply.We are seeing this despite of the headwinds optimistic on the long-term opportunities in the delivery space, and we will continue to invest and innovate on our product offerings to adapt to these consumer preferences.Q:Firstly, can you share or talk about what prompted you to exit the dark store operations in Singapore, Vietnam and Ferris [ph] What were the key learnings for the company from operating these dark stores?And secondly, on the financial services, could you talk a little bit about the profitability or EBITDA time going forward, given we are going to launch Digibank in Singapore and then Malaysia, Indonesia, and any kind of ideal long-term EBITDA been targets which you can share for financial services?A:On your first question on doctors we realize that the customer experience of receiving groceries is a really key thing for us to drive, but we realize also that we can drive some of that through partnerships in sort markets. And of course, in the case of Malaysia through owning a grocer, Jaya Grocer, directly.The reason for this is because the infrastructure, the supply chain and the points of presence around the cities are already there for the partners and for our own Jaya Grocer stores as well. And we believe this is a better cost structure for delivering 1P groceries in the longer run. I know there are some players out there who are building dark store networks.But from our experience, we took the decision that we thought that the existing infrastructure leveraged through gray store technology was a better a better formula for long-term cost leadership. On financial services, we are creating value from our own platform payments and lending.We want to continue to grow that. What we're finding though is the off platform is trickling down the results, and you can see some of that in the second quarter numbers. So going forward, we are actually going through all those off-platform transactions and trying to bring them to neutral or better transaction economics.But if we can't do those, then we will actually end up limiting the off-platform and just growing those areas on platform, we know we can create value. Clearly, the reason we can create value is because we've got the lowest possible distribution costs. We've got an exceptional data advantage for our credit models where we've seen from our history over the last more than a year that we can outperform with our credit models.And of course, we also certainly have a collections advantage where we're lending to [indiscernible] who are getting income from our platform. So we believe that those advantages also can be extended to the digital banks and the digital banks, of course, have the key advantage of being able to gather deposits as well. and therefore, reducing cost of funds.So it's a very similar strategy for our existing nonbank financial operations as we will have for our future banking operations. That means that we can maximize the relationship with the customer. We can maximize the trust that the customer has in Grab.And hopefully, that will drive us to having a quicker breakeven and return from those Gigibank build-outs than others who are starting without any ecosystem to work with. In terms of more details, I'm not going to share those with you today. But as Anthony mentioned earlier, we will be actually having an Investor Day, where we hope to give a few more details in terms of the strategy for financial services overall. I hope you can join us for that.The above Q&A are highlights that are edited for brevity.Click here for the full Grab Q2 2022 Earnings Call Transcript.​​​​​​​If you want to know more details,youcan click here to re-watch the  Grab Q2 2022 Earnings Conference Call​
Grab Q2 2022 Q&A Session Transcript
$Skechers USA(SKX)$ Beats estimates 3 quarters and high PE and a product people will keep buying especially now is opening no more restrictions Let's go shoes ! 
Snowflake ❄️ gains 16% post market after raised guidance gives investors confidence$Snowflake(SNOW)$ This Warren Buffett stock just launched to the moon after earnings, in early June it traded around $110. For the third-quarter, Snowflake said it sees product revenue of $500M to $505M, up between 60% and 62% year-over-year. It also expects adjusted operating margins of 2% in the third-quarter.Snowflake also boosted its product revenue forecast for the full-year, now expected to be between $1.905B and $1.915B, a growth rate of between 67% and 68%. It also forecast an adjusted operating margin of 2% for the full-year, compared to a previous view of 1%.Hedge fund 3G Capital exited its stake in Snowflake ❄️ in the second quarter and must be questioning why they didn't have the conviction to stay the course.

Nvidia Earnings Season Q2 2022

Nvidia ( $NVIDIA Corp(NVDA)$ ) is scheduled to announce their second quarter fiscal 2022 earnings on August 24 after the closing bell. Nvidia has issued a preliminary earnings result earlier in August, in which their preliminary second quarter revenue of $6.7 billion vs management's original guidance of $8.1 billion. This shortfall was largely due to weaker gaming segment revenue, likely due to macroeconomic headwinds. Their data center revenue was a record but short ofthe company's expectations as it was impacted by supply chain disruptions.Nvidia ytd performanceYear-to-date performance for Nvidia is down 43%, as part of the sell off in the broader stock market and macroeconomic conditions likethe Russia-Ukraine war, high inflation and interest rate hikes. This was almost unimaginable as back in November 2021, the market cap was $834 billion. Pricing of GPUs decliningUBS reported that prices of GPUs for Nvidia and AMD has seen a reduction over the past few months, although the rate of decline has slowed. Secondary market sales of Nvidia's GeForce RTX 3000 fell an average of 26% betweenApril and July, while AMD's Radeon RX 6000 fell 29% during the same period. These prices have fallen below MSRP, suggesting supply has caught up with demand and certain customers are clearing out inventory ahead of new products from these companies.GPU mining factorGPUs have been used in crypto mining and has been one of the main drivers for GPU sales for Nvidia. Ethereum is scheduled to switch from Proof of Work (generally GPU-based mining) to Proof of Stake (coin ownership) around September 15. As such, no more GPUs will be purchased to mine Ethereum. These used GPUs for mining Ethereum will likely be dumped into used markets and flood the second hand channels. AMD is likely to see these effects in reduction of GPU demand, however their market share is smaller than Nvidia.Great value or value trap?The valuation metrics on Nvidia look attractivecurrently. Current Price to Earnings (trailing twelve months) sits at 46x, which is close to a 3-year low. From a Price to Sales (trailing twelve months), it currently sits at 14.5x, also close to a three year low.Nvidia 3-year PE (TTM)Nvidia 3-year Price to Sales Comparing year-to-date performance with itspeers, Nvidia is down 43%, versus AMD down 38.4%, while Intel is down 36.2%.Nvidia price return vs AMD & Intel (ytd)Given the current headwinds for semiconductor stocks, the cyclical nature of semiconductors shows that the current metrics present this as a value trap. The drop in gaming demand and the effects of the crypto winter are startingto hurt the revenue and profit margins of companies like Nvidia and AMD. Nvidia Daily ChartDepending on how management guides investors expectations, it will be interesting to see ifthe price action can be supported by the 50 daily moving average. If this fails, the next support likely would be at $155, followed by $135 which was a low back in May 2021. $AMD(AMD)$ $Intel(INTC)$ $S&P 500(.SPX)$ @TigerStars  @CaptainTiger 
Nvidia Earnings Season Q2 2022
avatarTWJ84
08-23
$SINGAPORE AIRLINES LTD(C6L.SI)$ Leisure travel is not showing any signs of easing despite recession fears. The latest results announced by SIA confirms this. Full resumption of travel to Japan or China will be excellent news for $SINGAPORE AIRLINES LTD(C6L.SI)$ when it is eventually announced. Looks like 2022 will remain good for Airlines and other travel related companies. Beyond 2022, it seems good as well with Singapore progressing with building its fifth airport terminal that is almost as big as terminal 1-4 combined. [Cool] 

NetEase Q2 2022 Q&A Session Transcript

Q&A(Question-and-Answer Session)is a session after the company's prepared remarks where institutional investors and analysts ask management questions. In this dialogue, you may find some valuable information that might affect the stock price in the following weeks.Now let's look at some key points from NetEase Q2 2022 Q&A Session Transcript    $NetEase(NTES)$ $NTES-S(09999)$ Q:NetEase has continuously made efforts in the overseas market in recent years and has established several game developers overseas. What is our take on the pace of overseas investments in the future? Also, could you perhaps share some colors on the products in development?A:Overseas market is upgrade important for NetEase. And as everybody knows that in the past year, we've not received any license approval of in China. So we have to make the strategic choice to shift some of our R&D resources to the global market, the European markets to the Japanese or the Asian markets. So everybody knows that we have a very strong track record in game production. We have very high R&D efficiencies, and we are now working very closely with many overseas developers to find a product that will be welcomed by the global game players. We actually do have a lot of products under development. And hopefully, you will see some of them being introduced to the market very soon. On June 2, everybody saw the success of Diablo that we – Blizzard, and I think it's been a very positive very, very strong release of that game.Q:We have seen Internet companies highlighting about cost efficiencies, such as staff costs and marketing spending on the back of global macro heaviness these days. Can management share the thought about the outlook about the operating expenses in sales and marketing, R&D and G&A?A:The question is about optimization of cost. Sometimes it throughout of development operation of our business, sometimes we do cut costs in certain areas, but we'll also increase our investment spend in other areas. So NetEase, we will continue to optimize the way we spend the cost structure of the company. Only just because there is weakness in the macro, it doesn't necessarily mean that we have to take certain actions to address that. NetEase, we think very long-term, and we care about the sustainable long-term growth of the company.Q:What's management view on the domestic regulatory landscape and expectation on the Banhao approval? With a likely lower number of Banhao approved in the future, how will this change our game strategy, including Jar app, IP investment, et cetera?A:I kind, of mentioned that in the earlier question, one of the reasons we have to look abroad and be more active in expanding our -- against our user base overseas because of lack of know-how in China. And secondly, it kind of tells us that we have to value or cherish the domestic market even more, because know-how the precious resources now. So everybody how we get, we have to work, we’re putting more effort to make sure every game we develop launch to the market will be popular, will be welcomed by the game players in China.The above Q&A are highlights that are edited for brevity. Click here for the full NetEase Q2 2022 Earnings Call Transcript.​​​If you want to know more details, you can click here to re-watch the NetEase Q2 2022 Earnings Conference Call​
NetEase Q2 2022 Q&A Session Transcript
Recession fears vs Assets AccumulationAmid recession fears, what’s your assets accumulation plan ?1. Bonds 2. Stocks/Crypto3. Commodities (e.g. Gold)4. Fixed Deposit (Bank/ Financial Institution5. Accumulate cash independently.#investsafe$SPDR Gold Shares(GLD)$ $DBS GROUP HOLDINGS LTD(D05.SI)$ $Astrea7CLB6%320527#(V7BB.SI)$ @小虎周报 @TigerClub @Tiger_Earnings @TigerPM @小虎通知 
Bearish market and its my first so not 100% on my terminology but you know what I mean, those of you who can claim giving me advice now and then, FORTESCUE $19.080 that's good for a miner to go up $2 in 6 months, Yep 2 x no commissions means I now been trading 6 months & what a eye opener it's been. I've noticed lots and learnt less.Human nature like always is the key factor (greed) dictating markets and the lessons from Venus, muiee,stkwok,Jayzeed,Molina & surewin88 on     US market manipulation and other basic norms one wouldn't know without one's help are priceless and I thank you all from my heart and more importantly my back pocket, thank you. Now down to business I have sold over half my HK stocks at a loss, I think you call it cutting your losses, China auto owed 0,039 got 0.028, idt owed 0 031 got 0.028 and wish I sold all as now 0.026, & timeless by name timeless by nature owed 0.038 got 0.030 over the last 3 months they have slowly decreased in value. And where all that money go FORTESCUE I now have 68 of. Besides the fact the US market manipulated I believe it where I going to make money, my US stocks now consist of smc, ampio ,ayro Inc  breeze holdings, goldernbridge, international media, palisade bio and tiger brokers, I would be very happy to hold another AU $500 stock by Xmas, koolgal likes telsa be hard to beat I think,  sent the app to sister today ,I have to behave from now on. But it shows my commitment my sister bringing $200 to start with, recommending please

【LIVE】NetEase Q2 2022 Earnings Call

$NetEase(NTES)$ $NTES-S(09999)$  Q2 2022 Earnings Call will start at 08:00 pm,stay tuned!​Click here to join the NetEase Q2 2022 Earnings Call
【LIVE】NetEase Q2 2022 Earnings Call
$Sea Ltd(SE)$ though it has taken a beating according to my hellghoul detection system let me help you by  offering 12-month price forecasts for Sea Ltd have a median target of 110.00, with a high estimate of 180.00 and a low estimate of 60.00. The median estimate represents a +51.72% increase from the last price of 72.50.My current consensus among 35 polled investment analysts is to buy stock in Sea Ltd. This rating has held steady since August, when it was unchanged from a buy rating.
avatarSPOT_ON
08-18

GOLDEN AGRICULTURE

$GOLDEN AGRI-RESOURCES LTD(E5H.SI)$  RHB Group Research analysts have kept their “neutral” call on Golden Agri-Resources with a slightly higher target price of 30 cents from 29 cents previously. The analysts raise their FY2022 earnings estimate for FY2022 by 43% and FY2203-FY2024 earnings by 7%-10% after adjusting for lower unit costs for FY2022 as well as higher contributions from Golden Agri’s downstream operations and joint venture (JV) for FY2022-FY2024. Golden Agri recorded US$362 million in core net profit in 1HFY2022, 110.3% higher y-o-y due to higher average selling prices (ASPs) — exceeding expectations at 78% of RHB’s forecasts and 61% of street’s estimates @SGX_Stars  @TigerObserver  @Tiger_Earnings  @老虎国际  @Omega88  @LMSunshine  @SGX_Stars  @Fenger1188  @Tiger_SG  @TigerEvents  @TigerStars  
GOLDEN AGRICULTURE
avatarAlubin
08-17
I am bullish on $Sea Ltd(SE)$ as its share price is recently on the upswing as investors are more optimistic about the slowing down of the high inflation and the Feds tapering off the interest rates hike by mid 2023.At the last earnings report 1Q2022, Sea's revenue rose 64% year on year to USD2.9 billion, which beats analysts estimates by USD 40 billion. SEA has 3 divisions - Garena, Shopee and SEA Money. Garena's revenue rose 45% year on year. Shopee is still growing by leaps and bounds as its revenue has risen over 64% and gross orders soared 71% to USD1.9 billion. SEA money' s revenue has grown an outstanding 360% year on year to USD236 million.

Sea Q2 2022 Q&A Session Transcript

Q&A(Question-and-Answer Session)is a session after the company's prepared remarks where institutional investors and analysts ask management questions. In this dialogue, you may find some valuable information that might affect the stock price in the following weeks.Now let's look at some key points from $Sea Ltd(SE)$ Q2 2022 Q&A Session TranscriptQ:Two questions. Firstly, can you talk a little bit about the outlook for the e-commerce industry GMV growth in your core markets in 2022 and 2023? Which markets are proving more resilient and which are showing signs of early weakness? Secondly, could you give us a breakup of gross orders and grab revenue in Brazil? And what is the likely cost savings with your recent initiatives taken? Is it already reflected in 2Q or yet to come? Thank you.A:I think in terms of the industry GMV growth there are a lot of research outstanding and I think, obviously, it's going to be slower, but also it really depends on the various industry players and us and our peers, how we manage this growth. And among the various markets, we see that there are some markets, for example, like Malaysia, Singapore that enjoy spectacular growth during the previous years, there is a slowdown, given a tough comp and also the opening up versus a period of strict lockdown.I think the continuing to this year, of course, the tough comp is going to remain a fact. And at the same time, we also see markets like Indonesia, Philippines and Vietnam continue to enjoy relatively faster growth. That also in a way, sometimes affected by the comp relative to -- in terms of open up versus lockdown, the relative macro situation people are facing, the physical tools, the central banks and the government in terms of the interest rates and the fiscal tools the governments have been employing to manage the inflation and how they deploy those tools, whether it's on price cap or on coupons.And if it's on subsidies, how they channel the subsidies, so all of this can affect the overall consumption growth and where the consumption goes to whether it's the discretionary or necessities as physical consumption versus service and also the e-commerce relatively sheer online versus offline. But I think there are many factors that could affect well, in general, the big picture is going to be slower and compared to last year and how much slower, I think, remains to be seen.And overall, we hope that we can continue to see resilience. But again, as we shared from a management perspective, we think it's much better to be disciplined and prudent and manage for macro uncertainty and be prepared for any negative events and situations as opposed to hoping for resilience and the market is staying positive.In terms of the gross orders and GAAP revenues for Brazil, I think, we disclosed the strong growth. Brazil has continued to enjoy for us. And we also more importantly, continue to narrow -- improve our unit economics in Brazil. So everything is on track for us in Brazil.And in terms of the Group level, I think that the cost initiatives when we talk about the projections in the future, for the future in terms of EBITDA positive after HQ costs allocation for the Asia market, we do take into any initiatives that are visible to us at a point, of course, we don't have a perfect prediction for the future.Q:I would like to ask about the digital entertainment side. In particular, how we should think about the new games in the pipeline. We understand that we have a different energy development. I just want to see how the progress is going? And should we expect any renewable titles to be released in second half or 2023? And on that front, how we should think about the EBITDA margin for the digital entertainment business in coming quarters? Do we expect to invest in driving the retention and engagement of Free Fire users would continue in 2022 or 2023? Thank you.A:In terms of the game pipeline, we do have things in the pipeline whether it's our own self-development or published titles or invest details we may publish later this year. And as you know we will announce it when they're public -- when they're officially launched. And I think in the long run we do -- our goal is to continue to diversify our portfolio and in terms of genres and mix of the esports and more casual type of games and across the more diverse market so the direction is the same.From a financial perspective, we don't think there will be anything that will have an immediate meaningful significant impact like that on Free Fire in the immediate future, because; A, Free Fire is a very long the largest mobile titles in the world; and B, for any game that we launched initially our focus is more going to be user engagement and building up the momentum and also the user base and solidify that before we focus more monetization. Even for Free Fire it actually took the game quite a number of quarters, or I would say even more than a year to graduate and ramp up monetization and to develop into more full potential. So that's our view.And in terms of the EBITDA margins for digital entertainment in coming quarters, I think our EBITDA margin is still very much on the high end of the industry at more than 45%. Now from quarter-to-quarter as we shared before there could be fluctuations depending on, for example, esports events and other campaigns. For example, the second quarter we had our -- the World Series competition for Free Fire. And then that also depends on launch timing for the new games. If we have new games then there will be some sales and marketing investment to build up momentum for the public -- based on publishing timing. But generally I think even though there will be fluctuations, we do continue to expect our EBIT margin will continue to remain on the high end compared to the industry range.Q:Two questions from my side. Firstly, on the gaming guidance, I guess, there's no, changes if you can confirm that? Secondly, on your ad revenues, if you can please give more color on, how fast they're growing? And if I look at it from a percentage of GMV perspective where are we? Thank you.A:In terms of game guidance no change to it. And in terms of ad revenue, we don't break that down, but there is also a gradual upward trend on that front. And that also part of the reason that combined with rising transaction-based fees that we see continual increase in our high-margin revenue and the improvement on our margins overall for Shopee.The above Q&A are highlights that are edited for brevity. Click here for the full Sea Q2 2022 Earnings Call Transcript.​​
Sea Q2 2022 Q&A Session Transcript
avatarpekss
08-17

A SEA of Red

This is a follow-up from my post yesterday on my expectations on $Sea Ltd(SE)$ 's earnings before its second-quarter earnings announcement.Unfortunately, the company has under-performed even the already low bar set by analysts and its share price sank almost 14% as a punishment by the unforgiving market.This is not unexpected, as the download data from Google Play and App Store appeared to show that SEA’s gaming and e-commerce popularities have further deteriorated from the first quarter.In fact, the company had expected in March that Garena would post $2.9 billion to $3.1 billion in bookings in 2022, set to be its first decline ever.My key takeaways from the earnings report are as follows:· Its digital entertainment unit Garena continues to be the breadwinner and saving grace for the company, though revenue from the gaming business fell to $900.3 million in the last quarter, only slightly ahead of estimates for $827.6 million, as its hit mobile game Free Fire matures. It seems to me that Garena has been experiencing strong headwinds, as the reopening of global economies and lifting of border restrictions for travels competed for the attention of its users.· Quarterly active users of Garena were down 15% year over year, while the number of paying users dropped even more drastically by 39%.· While its e-commerce unit Shopee and digital financial services arm Sea Money continue to grow fast, they remain highly unprofitable, as SEA appears to prioritize market expansion over profitability and continues to invest heavily to gain market share globally at the expense of profits. As a result, Garena has to continue to subsidize the expansion costs of Shopee and Sea Money.· Second-quarter revenue from Shopee, gained 51% to about $1.7 billion versus forecast of $1.9 billion, while that from Sea Money rose to $279 million.· Total gross profits last quarter were $1.1 billion, down from $1.2 billion last quarter.· However, SEA suffered a net loss of $931.2 million that has not only widened but more than doubled from $433.7 million in the prior-year quarter.· The last straw was its removal of full-year revenue guidance for its e-commerce business, when it had previously guided 71.8% growth, citing an ever-changing macro environment. That does not instill any confidence in investors.I expect much more strong headwinds ahead for SEA with increasing regulatory tightening on gaming and rising cut-throat competitions in e-commerce. With expectation by Monetary Authority of Singapore on SEA to launch its local digital bank this year after awarding digital full banking license to SEA in a move to liberalize the local financial industry, SEA is anticipated to incur more significant start-up costs and faces intense competitions from the local banking incumbents the likes of DBS, OCBC and UOB, as well as other digital banks including the formidable Grab-Singtel consortium.I hold a small stake in SEA, and regret not taking money off the table when its share price more than doubled, as I now sit on paper loss. While time in the market is more important than timing the market, I believe that SEA has to reinvent itself and contain its costs to stay relevant and formidable. Garena has to develop and come up with new mobile hit games the likes of Free Fire to retain existing users and attract new users. SEA needs to also focus on reducing costs by slowing its expansion and turn its attention to gaining profitability by differentiating itself against increasing competition from other e-commerce and digital financial service providers.Hopefully, SEA will be able to reassure the market by focusing on and demonstrating profitability, so that I can be rewarded for staying through thick and thin with the company for the long-haul.@TigerEvents @TigerStars @TigerWire @MillionaireTiger @CaptainTiger 
A SEA of Red