$Futu Holdings Limited(FUTU)$Don’t understandthe maths.... Issue 9.5m ADS. And 1ADS is 8ADS share. So total issued is 76mil shares at offer price of $153. Current shares outstanding is 111m. So share dilution is about 31.5%... so stock price should be around $105? ($153 -31.5%)... is that how the maths works?
Unless you're invested in a fraudulent company, the bears hardly get to you with so much liquidity and new businesses coming on.. So not sure if what he's saying is totally relevant.
Two new stock market acronyms — FOLO and YOMO — can save you a lot of grief (and money)
Good speculative stock..for the strong guts. Investment? Nah..it's when speculation goes wrong and you have no choice but to hold....and call yourself long term investor. Seriously, the market is rigged both up and down. The apes were special once but they refuse to get out of the cave. And guess what? They become archeological exhibits.
$Norwegian Cruise Line(NCLH)$it was nearly bankrupted in May 2020. Somehow managed to raise funds through notes placement and issued $400mil shares. Guess this time not so lucky. High debts and now hit by higher interest rates. Hope it can survive though.
Great article. Only issue I see is market would punish companies when their growth goes to mid double digits. And it would be interesting to see baba's Lazada/ aliexpress vs Shoppee.