NatLim personal page - To The Moon

NatLim

NatLim

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70Follow

18Followers

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2021-07-20

Good

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2021-07-13

Very good

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2021-07-10

Nice

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2021-07-02

Yes IPO. Give people more confident in the company!

Singapore Crypto Exchange Considers IPO After 500% Trading Growth: Report

2021-07-02

Is their stock price dropping again...

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2021-06-29

Yeah

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2021-06-29

Ok

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2021-06-29

Ok//@PanaCota: Wow

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2021-06-25

Like please

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2021-06-24

Ok

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2021-06-19

dividend not paid.

Recently suppose to receive dividends for 2 of my stock. The dividend payout is recorded in my statement but it was not pay out actually to me. Wrote a few emails to tiger, they just brush me off by saying the statement show they paid. When I asked them to show me the proof of my fund record that it was paid, they could not. So please check your account and tally with your statement. Anyway, I'm slowly reducing my position in Tiger and moving to another exchange.

dividend not paid.

2021-06-19

Ya

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2021-06-19

Hmmm

Ex-Tesla president sold stocks worth $247 million since June 10-SEC filing

2021-06-19

I see. Support is strong though. Comment and like please

3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%

2021-06-18

Nice

Adobe Q2 Earnings Beat Expectations

2021-06-18

Not good. Like and comment please.

Alibaba Stock: The Bottoming Process Looks To Be Forming Already

2021-06-17

Commented

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2021-06-16

Okay

4 things to watch for when the Fed meets Wednesday

2021-06-16

Ok

Tesla Bulls Look for Stock Catalysts. They Found Three.

2021-06-15

Comment please. Thank you!

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Go to Tiger App to see more news

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IPO. Give people more confident in the company!&nbsp;","listText":"Yes IPO. Give people more confident in the company!&nbsp;","text":"Yes IPO. Give people more confident in the company!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156179393","repostId":"1175423387","repostType":4,"repost":{"id":"1175423387","kind":"news","pubTimestamp":1625204059,"share":"https://ttm.financial/m/news/1175423387?lang=&edition=fundamental","pubTime":"2021-07-02 13:34","market":"us","language":"en","title":"Singapore Crypto Exchange Considers IPO After 500% Trading Growth: Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1175423387","media":"coindesk","summary":"Crypto exchange Coinhako is considering an initial public offering after seeing January-May trading ","content":"<p>Crypto exchange Coinhako is considering an initial public offering after seeing January-May trading volume 500% higher than for the whole of 2020.</p>\n<ul>\n <li><p>The Singapore-based company predicts volume will top $7 billion by the end of 2021, according to areportby Forkast on Tuesday.</p></li>\n <li><p>The exchange has over 300,000 registered users in the city-state, with an average of 150,000 active each month.</p></li>\n <li><p>Coinhako, which was launched in 2014 withbackingfrom venture capitalist Tim Draper, is considering an IPO, Forkast said.</p></li>\n <li><p>“Given how the crypto markets in the U.S. and Europe have developed, we believe it is only a matter of time that the crypto industry in this part of the world will likewise take off,” Coinhako CEO Yusho Liu said.</p></li>\n</ul>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Crypto Exchange Considers IPO After 500% Trading Growth: 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}\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Crypto Exchange Considers IPO After 500% Trading Growth: Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-crypto-exchange-considers-ipo-125850654.html><strong>coindesk</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto exchange Coinhako is considering an initial public offering after seeing January-May trading volume 500% higher than for the whole of 2020.\n\nThe Singapore-based company predicts volume will top...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-crypto-exchange-considers-ipo-125850654.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://finance.yahoo.com/news/singapore-crypto-exchange-considers-ipo-125850654.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175423387","content_text":"Crypto exchange Coinhako is considering an initial public offering after seeing January-May trading volume 500% higher than for the whole of 2020.\n\nThe Singapore-based company predicts volume will top $7 billion by the end of 2021, according to areportby Forkast on Tuesday.\nThe exchange has over 300,000 registered users in the city-state, with an average of 150,000 active each month.\nCoinhako, which was launched in 2014 withbackingfrom venture capitalist Tim Draper, is considering an IPO, Forkast said.\n“Given how the crypto markets in the U.S. and Europe have developed, we believe it is only a matter of time that the crypto industry in this part of the world will likewise take off,” Coinhako CEO Yusho Liu said.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":3435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156146350,"gmtCreate":1625205573770,"gmtModify":1703738343130,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574420135746939","authorIdStr":"3574420135746939"},"themes":[],"htmlText":"Is their stock price dropping again...&nbsp;","listText":"Is their stock price dropping again...&nbsp;","text":"Is their stock price dropping 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not paid.","htmlText":"Recently suppose to receive dividends for 2 of my stock. The dividend payout is recorded in my statement but it was not pay out actually to me. Wrote a few emails to tiger, they just brush me off by saying the statement show they paid. When I asked them to show me the proof of my fund record that it was paid, they could not.&nbsp;So please check your account and tally with your statement. Anyway, I'm slowly reducing my position&nbsp; in Tiger and moving to another exchange.&nbsp;","listText":"Recently suppose to receive dividends for 2 of my stock. The dividend payout is recorded in my statement but it was not pay out actually to me. Wrote a few emails to tiger, they just brush me off by saying the statement show they paid. When I asked them to show me the proof of my fund record that it was paid, they could not.&nbsp;So please check your account and tally with your statement. Anyway, I'm slowly reducing my position&nbsp; in Tiger and moving to another exchange.&nbsp;","text":"Recently suppose to receive dividends for 2 of my stock. The dividend payout is recorded in my statement but it was not pay out actually to me. Wrote a few emails to tiger, they just brush me off by saying the statement show they paid. When I asked them to show me the proof of my fund record that it was paid, they could not. So please check your account and tally with your statement. Anyway, I'm slowly reducing my position in Tiger and moving to another exchange.","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165026707","isVote":1,"tweetType":1,"viewCount":1013,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165065890,"gmtCreate":1624081955710,"gmtModify":1703828495658,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574420135746939","authorIdStr":"3574420135746939"},"themes":[],"htmlText":"Ya","listText":"Ya","text":"Ya","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165065890","repostId":"1175119628","repostType":4,"isVote":1,"tweetType":1,"viewCount":801,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165062819,"gmtCreate":1624081899331,"gmtModify":1703828494185,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574420135746939","authorIdStr":"3574420135746939"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165062819","repostId":"2144218770","repostType":4,"repost":{"id":"2144218770","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624060559,"share":"https://ttm.financial/m/news/2144218770?lang=&edition=fundamental","pubTime":"2021-06-19 07:55","market":"us","language":"en","title":"Ex-Tesla president sold stocks worth $247 million since June 10-SEC filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2144218770","media":"Reuters","summary":"BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc executive and president Jerome Guillen, wh","content":"<p>BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc&nbsp;executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a>.</p>\n<p>The filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on June 14, and 90,111 stocks worth $55 million on June 10.</p>\n<p>\"It could raise some eyebrows for investors,\" Wedbush Securities analyst Daniel Ives said, adding that investors are going to watch closely to see if he sells more.</p>\n<p>Guillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company's entire vehicles business before being named president of the Tesla Heavy Trucking unit in March. He left the company on June 3.</p>\n<p>The departure of Guillen, <a href=\"https://laohu8.com/S/AONE\">one</a> of Tesla's top four leaders, including CEO Elon Musk, has sparked market concerns about Tesla's future vehicle programs like the Semi electric trucks and new batteries called 4680 cells.</p>\n<p>Stock options give employees and executives the right to buy their company's stock at a specified price for a certain period of time. When share prices rise above the exercise price, they can buy the stocks at discounted prices.</p>\n<p>It was not immediately known how much Guillen paid to exercise the options.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ex-Tesla president sold stocks worth $247 million since June 10-SEC filing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEx-Tesla president sold stocks worth $247 million since June 10-SEC filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-19 07:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc&nbsp;executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a>.</p>\n<p>The filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on June 14, and 90,111 stocks worth $55 million on June 10.</p>\n<p>\"It could raise some eyebrows for investors,\" Wedbush Securities analyst Daniel Ives said, adding that investors are going to watch closely to see if he sells more.</p>\n<p>Guillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company's entire vehicles business before being named president of the Tesla Heavy Trucking unit in March. He left the company on June 3.</p>\n<p>The departure of Guillen, <a href=\"https://laohu8.com/S/AONE\">one</a> of Tesla's top four leaders, including CEO Elon Musk, has sparked market concerns about Tesla's future vehicle programs like the Semi electric trucks and new batteries called 4680 cells.</p>\n<p>Stock options give employees and executives the right to buy their company's stock at a specified price for a certain period of time. When share prices rise above the exercise price, they can buy the stocks at discounted prices.</p>\n<p>It was not immediately known how much Guillen paid to exercise the options.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144218770","content_text":"BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission $(SEC.UK)$.\nThe filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on June 14, and 90,111 stocks worth $55 million on June 10.\n\"It could raise some eyebrows for investors,\" Wedbush Securities analyst Daniel Ives said, adding that investors are going to watch closely to see if he sells more.\nGuillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company's entire vehicles business before being named president of the Tesla Heavy Trucking unit in March. He left the company on June 3.\nThe departure of Guillen, one of Tesla's top four leaders, including CEO Elon Musk, has sparked market concerns about Tesla's future vehicle programs like the Semi electric trucks and new batteries called 4680 cells.\nStock options give employees and executives the right to buy their company's stock at a specified price for a certain period of time. When share prices rise above the exercise price, they can buy the stocks at discounted prices.\nIt was not immediately known how much Guillen paid to exercise the options.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":966,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165066510,"gmtCreate":1624081835230,"gmtModify":1703828493209,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574420135746939","authorIdStr":"3574420135746939"},"themes":[],"htmlText":"I see. Support is strong though. Comment and like please&nbsp;","listText":"I see. Support is strong though. Comment and like please&nbsp;","text":"I see. Support is strong though. Comment and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165066510","repostId":"1166679093","repostType":2,"repost":{"id":"1166679093","kind":"news","pubTimestamp":1624065234,"share":"https://ttm.financial/m/news/1166679093?lang=&edition=fundamental","pubTime":"2021-06-19 09:13","market":"us","language":"en","title":"3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1166679093","media":"fool","summary":"Meme stocks have been all the rage so far this year. That's understandable, with several of them del","content":"<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.</p>\n<p>However, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.</p>\n<p>AMC Entertainment</p>\n<p><b>AMC Entertainment</b>(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.</p>\n<p>The consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.</p>\n<p>But isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.</p>\n<p>However, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.</p>\n<p>Clover Health Investments</p>\n<p>Only a few days ago, it looked like&nbsp;<b>Clover Health Investments</b>(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.</p>\n<p>Since the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.</p>\n<p>Clover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.</p>\n<p>Still, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.</p>\n<p>Sundial Growers</p>\n<p>At one point earlier this year,&nbsp;<b>Sundial Growers</b>(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.</p>\n<p>Analysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.</p>\n<p>There certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.</p>\n<p>Sundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.</p>\n<p>However, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the&nbsp;<b>Nasdaq</b>&nbsp;stock exchange.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp","SNDL":"SNDL Inc.","AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166679093","content_text":"Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.\nAMC Entertainment\nAMC Entertainment(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.\nThe consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.\nBut isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.\nHowever, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.\nClover Health Investments\nOnly a few days ago, it looked like Clover Health Investments(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.\nSince the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.\nClover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.\nStill, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.\nSundial Growers\nAt one point earlier this year, Sundial Growers(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.\nAnalysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.\nThere certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.\nSundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.\nHowever, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the Nasdaq stock exchange.","news_type":1,"symbols_score_info":{"SNDL":0.9,"CLOV":0.9,"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166168053,"gmtCreate":1623997121872,"gmtModify":1703826108101,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574420135746939","authorIdStr":"3574420135746939"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166168053","repostId":"1198149770","repostType":4,"repost":{"id":"1198149770","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623974643,"share":"https://ttm.financial/m/news/1198149770?lang=&edition=fundamental","pubTime":"2021-06-18 08:04","market":"us","language":"en","title":"Adobe Q2 Earnings Beat Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1198149770","media":"Tiger Newspress","summary":"Adobe stock is trading higher late Thursday after the creative-software company posted better-than-e","content":"<p>Adobe stock is trading higher late Thursday after the creative-software company posted better-than-expected results for its fiscal second quarter ended June 4.</p>\n<p>For the quarter, Adobe (ticker: ADBE) reported revenue of $3.84 billion, up 23% from a year ago, and ahead of the company’s forecast of $3.72 billion. Non-GAAP profits were $3.03 a share, ahead of the company’s projection of $2.81 a share. Under generally accepted accounting principles, Adobe earned $2.32 a share.</p>\n<p>Adobe stock rose 2.7%&nbsp;to $566&nbsp;in extended trading.</p>\n<p><img src=\"https://static.tigerbbs.com/28b7cdf0a510d12cc43d7e44330be797\" tg-width=\"1302\" tg-height=\"663\"></p>\n<p>Adobe’s results were above expectations in every segment. Digital Media revenue was $2.79 billion, up 25%, and four points better than the company’s guidance. That includes creative revenue of $2.32 billion, up 24%, and document cloud revenue of $496 million, up 30%.</p>\n<p>Digital Experience segment revenue was $938 million, up 21%, and three points better than the company’s target for 18% growth.</p>\n<p>The company also said it bought back about 2.1 million shares in the quarter.</p>\n<p>For the fiscal third quarter, Adobe sees revenue of $3.88 billion, slightly higher than the Street consensus forecast of $3.83 billion, with non-GAAP profits of $3 a share, above the Street consensus estimate for $2.89 a share. The company sees growth in the quarter of 21% in the digital experience segment, and 25% in digital experience.</p>\n<p>“Adobe had an outstanding second quarter as Creative Cloud, Document Cloud and Experience Cloud continue to transform work, learn and play in a digital-first world,” Adobe CEO Shantanu Narayen said in a statement.</p>\n<p>Chief Financial Officer John Murphy added in a statement that “the large market opportunity and momentum we are seeing across our creative, document and customer experience management businesses position us well to deliver another record year.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Adobe Q2 Earnings Beat Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAdobe Q2 Earnings Beat Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-18 08:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Adobe stock is trading higher late Thursday after the creative-software company posted better-than-expected results for its fiscal second quarter ended June 4.</p>\n<p>For the quarter, Adobe (ticker: ADBE) reported revenue of $3.84 billion, up 23% from a year ago, and ahead of the company’s forecast of $3.72 billion. Non-GAAP profits were $3.03 a share, ahead of the company’s projection of $2.81 a share. Under generally accepted accounting principles, Adobe earned $2.32 a share.</p>\n<p>Adobe stock rose 2.7%&nbsp;to $566&nbsp;in extended trading.</p>\n<p><img src=\"https://static.tigerbbs.com/28b7cdf0a510d12cc43d7e44330be797\" tg-width=\"1302\" tg-height=\"663\"></p>\n<p>Adobe’s results were above expectations in every segment. Digital Media revenue was $2.79 billion, up 25%, and four points better than the company’s guidance. That includes creative revenue of $2.32 billion, up 24%, and document cloud revenue of $496 million, up 30%.</p>\n<p>Digital Experience segment revenue was $938 million, up 21%, and three points better than the company’s target for 18% growth.</p>\n<p>The company also said it bought back about 2.1 million shares in the quarter.</p>\n<p>For the fiscal third quarter, Adobe sees revenue of $3.88 billion, slightly higher than the Street consensus forecast of $3.83 billion, with non-GAAP profits of $3 a share, above the Street consensus estimate for $2.89 a share. The company sees growth in the quarter of 21% in the digital experience segment, and 25% in digital experience.</p>\n<p>“Adobe had an outstanding second quarter as Creative Cloud, Document Cloud and Experience Cloud continue to transform work, learn and play in a digital-first world,” Adobe CEO Shantanu Narayen said in a statement.</p>\n<p>Chief Financial Officer John Murphy added in a statement that “the large market opportunity and momentum we are seeing across our creative, document and customer experience management businesses position us well to deliver another record year.”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198149770","content_text":"Adobe stock is trading higher late Thursday after the creative-software company posted better-than-expected results for its fiscal second quarter ended June 4.\nFor the quarter, Adobe (ticker: ADBE) reported revenue of $3.84 billion, up 23% from a year ago, and ahead of the company’s forecast of $3.72 billion. Non-GAAP profits were $3.03 a share, ahead of the company’s projection of $2.81 a share. Under generally accepted accounting principles, Adobe earned $2.32 a share.\nAdobe stock rose 2.7% to $566 in extended trading.\n\nAdobe’s results were above expectations in every segment. Digital Media revenue was $2.79 billion, up 25%, and four points better than the company’s guidance. That includes creative revenue of $2.32 billion, up 24%, and document cloud revenue of $496 million, up 30%.\nDigital Experience segment revenue was $938 million, up 21%, and three points better than the company’s target for 18% growth.\nThe company also said it bought back about 2.1 million shares in the quarter.\nFor the fiscal third quarter, Adobe sees revenue of $3.88 billion, slightly higher than the Street consensus forecast of $3.83 billion, with non-GAAP profits of $3 a share, above the Street consensus estimate for $2.89 a share. The company sees growth in the quarter of 21% in the digital experience segment, and 25% in digital experience.\n“Adobe had an outstanding second quarter as Creative Cloud, Document Cloud and Experience Cloud continue to transform work, learn and play in a digital-first world,” Adobe CEO Shantanu Narayen said in a statement.\nChief Financial Officer John Murphy added in a statement that “the large market opportunity and momentum we are seeing across our creative, document and customer experience management businesses position us well to deliver another record year.”","news_type":1,"symbols_score_info":{"ADBE":0.9}},"isVote":1,"tweetType":1,"viewCount":833,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166163236,"gmtCreate":1623997056325,"gmtModify":1703826105997,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574420135746939","authorIdStr":"3574420135746939"},"themes":[],"htmlText":"Not good. Like and comment please.&nbsp;","listText":"Not good. Like and comment please.&nbsp;","text":"Not good. Like and comment please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/166163236","repostId":"1175693382","repostType":4,"repost":{"id":"1175693382","kind":"news","pubTimestamp":1623978463,"share":"https://ttm.financial/m/news/1175693382?lang=&edition=fundamental","pubTime":"2021-06-18 09:07","market":"hk","language":"en","title":"Alibaba Stock: The Bottoming Process Looks To Be Forming Already","url":"https://stock-news.laohu8.com/highlight/detail?id=1175693382","media":"seekingalpha","summary":"Alibaba is probably the most undervalued growth stock right now.The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.The short term technical picture may be turning bullish with a potential double bottom price action signal.When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is probably the most undervalued growth stock right now.</li>\n <li>The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.</li>\n <li>The short term technical picture may be turning bullish with a potential double bottom price action signal.</li>\n <li>We discuss the company’s multiple growth drivers and let investors judge for themselves.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05e63c77d4f3f3dc3d618e43044638bb\" tg-width=\"768\" tg-height=\"512\"><span>Yongyuan Dai/iStock Unreleased via Getty Images</span></p>\n<p><b>The Technical Thesis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7febf6ed056b0e3bc038321cdaad9b1c\" tg-width=\"1280\" tg-height=\"782\"><span>Source: TradingView</span></p>\n<p>Alibaba’s&nbsp;stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.</p>\n<p><b>BABA's Fundamental Thesis: Rapidly Expanding Growth Drivers</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eba49f5881708929949c30628eedc5d4\" tg-width=\"934\" tg-height=\"578\"><span>Annual GMV. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d6c4ed3e2402f5af52b2dea8bab411\" tg-width=\"836\" tg-height=\"517\"><span>Annual e-commerce revenue. Data source: Company filings</span></p>\n<p>BABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.</p>\n<p>Even though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe2dee43f267e1d1399c68e3ca60f36\" tg-width=\"600\" tg-height=\"371\"><span>E-commerce revenue in the U.S. Data source: Statista</span></p>\n<p>When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d5a8d0d8a6a2dcdf667a6f33c6c9771\" tg-width=\"1280\" tg-height=\"702\"><span>Peers EBIT Margin and Projected EBIT Margin. Data source: S&amp;P Capital IQ</span></p>\n<p>Even though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&amp;A, and therefore skewed its EBIT margin to the downside.</p>\n<p>One important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of&nbsp;823M AAC&nbsp;in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only&nbsp;100M AAC in Q2’C17&nbsp;as compared to BABA’s 466M AAC in the same period.</p>\n<p>Therefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b83b69b08b1f4b11a26393c8e6eead5\" tg-width=\"600\" tg-height=\"371\"><span>Market size of community group buying in China. Data source: iiMedia Research</span></p>\n<p>Even though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b97b2b4a8a182dc9846d8fb7e4039877\" tg-width=\"1280\" tg-height=\"770\"><span>PDD profitability metrics &amp; revenue growth forecast. Data source: S&amp;P Capital IQ</span></p>\n<p>We could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3aadc32155b4108426a1a982e3b5b1c2\" tg-width=\"640\" tg-height=\"360\"><span>China public cloud spending. Source:China Internet Watch; Canalys</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c1538b9f7bdc8d6d35a72d9acf8ecbc\" tg-width=\"600\" tg-height=\"371\"><span>Size of China public cloud market. Data source: CAICT; Sina.com.cn</span></p>\n<p>BABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06198c569504bc303c34563041dfb294\" tg-width=\"600\" tg-height=\"371\"><span>Worldwide public cloud spending. Data source: Gartner</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8482037f60575f964053ab732496bee3\" tg-width=\"1176\" tg-height=\"700\"><span>Worldwide public cloud market share. Source:CnTechPost; Gartner</span></p>\n<p>Therefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.</p>\n<p><b>BABA's Valuations Look Highly Compelling</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62a087c4b3ef7efc2c5dde813e3b959d\" tg-width=\"1000\" tg-height=\"600\"><span>NTM TEV / EBIT 3Y range.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2605c0e5ad364a7a43929fef204595c\" tg-width=\"1280\" tg-height=\"687\"><span>EV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&amp;P Capital IQ</span></p>\n<p>When we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d27873e676dfb23c98d4a69aa5861e02\" tg-width=\"1280\" tg-height=\"1117\"><span>Peers EV / EBIT Valuations. Data source: S&amp;P Capital IQ</span></p>\n<p>By using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.</p>\n<p><b>Risks to Assumptions</b></p>\n<p>Now, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>Alibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock: The Bottoming Process Looks To Be Forming Already</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock: The Bottoming Process Looks To Be Forming Already\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 09:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short...</p>\n\n<a href=\"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175693382","content_text":"Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short term technical picture may be turning bullish with a potential double bottom price action signal.\nWe discuss the company’s multiple growth drivers and let investors judge for themselves.\n\nYongyuan Dai/iStock Unreleased via Getty Images\nThe Technical Thesis\nSource: TradingView\nAlibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.\nBABA's Fundamental Thesis: Rapidly Expanding Growth Drivers\nAnnual GMV. Data source: Company filings\nAnnual e-commerce revenue. Data source: Company filings\nBABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.\nEven though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.\nE-commerce revenue in the U.S. Data source: Statista\nWhen we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.\nPeers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ\nEven though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.\nOne important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.\nTherefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.\nMarket size of community group buying in China. Data source: iiMedia Research\nEven though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.\nPDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ\nWe could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.\nChina public cloud spending. Source:China Internet Watch; Canalys\nSize of China public cloud market. Data source: CAICT; Sina.com.cn\nBABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.\nWorldwide public cloud spending. Data source: Gartner\nWorldwide public cloud market share. Source:CnTechPost; Gartner\nTherefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.\nBABA's Valuations Look Highly Compelling\nNTM TEV / EBIT 3Y range.\nEV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ\nWhen we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.\nPeers EV / EBIT Valuations. Data source: S&P Capital IQ\nBy using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.\nRisks to Assumptions\nNow, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.\nWrapping It All Up\nAlibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.","news_type":1,"symbols_score_info":{"BABA":0.9,"09988":0.9}},"isVote":1,"tweetType":1,"viewCount":702,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161169789,"gmtCreate":1623911507741,"gmtModify":1703823323666,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574420135746939","authorIdStr":"3574420135746939"},"themes":[],"htmlText":"Commented&nbsp;","listText":"Commented&nbsp;","text":"Commented","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161169789","repostId":"2144714222","repostType":2,"isVote":1,"tweetType":1,"viewCount":785,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169806381,"gmtCreate":1623825247143,"gmtModify":1703820620215,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574420135746939","authorIdStr":"3574420135746939"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169806381","repostId":"2143375006","repostType":4,"repost":{"id":"2143375006","kind":"highlight","pubTimestamp":1623825047,"share":"https://ttm.financial/m/news/2143375006?lang=&edition=fundamental","pubTime":"2021-06-16 14:30","market":"us","language":"en","title":"4 things to watch for when the Fed meets Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2143375006","media":"MarketWatch","summary":"Despite the big spike in inflation, the Federal Reserve is set to signal on Wedesday that it is not ","content":"<p>Despite the big spike in inflation, the Federal Reserve is set to signal on Wedesday that it is not going to change interest rate policy anytime soon -- at least through the end of 2022, economists say.</p>\n<p>\"The message this week will likely be a heavy dose of 'still a long way to go' sprinkled with concerns about upside risks to inflation,\" wrote Michael Gapen, chief U.S. economist at Barclays.</p>\n<p>The Fed meets Tuesday and Wednesday this week against a backdrop of the consumer price index up 5% annual rate.</p>\n<p>The Fed is still buying $80 billion of Treasurys and $40 billion of mortgage-backed securities each month along with keeping its benchmark rate close to zero, in order to support the economy.</p>\n<p>Fed officials have guided the market that it won't scale back the asset purchases until it sees \"substantial further progress\" towards its unemployment target in particular as the economy recovers from the pandemic. Slowing back asset purchases would be taking the central bank's foot off the gas -- a long way from actually tapping on the brakes with higher interest rates.</p>\n<p>Economists think markets have been so far surprisingly complacent about inflation. The yield on the 10-year Treasury note has fallen to 1.5% from closer to 1.64% just after the Fed's last meeting in late April.</p>\n<p>Here's a look at what economists and investors will be watching for Wednesday when the Fed concludes the two-day meeting. Fed officials will release a statement at 2pm Eastern followed by a press conference from Fed Chairman Jerome Powell at 2:30 p.m.</p>\n<p><b>Inflation is transitory</b></p>\n<p>The Fed statement is widely expected to repeat the phrase that the pickup in inflation \"largely reflects transitory factors.\" The Fed may drive this point home in its updated economic forecasts. In March, the Fed had core PCE inflation at 2.2% in 2021, 2% in 2022 and 2.1% in 2023. The 2021 forecast of core inflation is likely to rise but the Fed is expected to keep 2023 core inflation unchanged.</p>\n<p><b>'Talking about talking about' tapering</b></p>\n<p>Fed officials are expected to discuss slowing down, or tapering, asset purchases, but only in a preliminary way without laying out any plans. \"We expect Chair Powell to stress that all, or almost all, participants, see tapering action as very premature,\" wrote Steve Englander, head of North American macro strategy at Standard Chartered Bank.</p>\n<p><b>Tolerate a rising expectation of higher rates over 2023-2024</b></p>\n<p>If inflation is more persistent than the Fed now believes, the central bank needs to signal it will do what it needs to do to keep inflation under control. \"In that record, the Fed will, if not encourage, at least tolerate, a rising expectation of [higher] rates over 2023 and 2024,\" said Bruce Kazman, chief economist at JPMorgan Chase, in an interview on Bloomberg Television.</p>\n<p>Consequently, the median dot on the chart that signal's the Fed's consensus could signal the first rate hike in 2023. In March, 11 of 18 top Fed officials thought policy would be unchanged. Only four of 18 officials were projecting a rate hike in 2022.</p>\n<p>Many other economists think it is still unlikely the median projection will change from the current rate close to zero.</p>\n<p><b>Will Powell repeat that the Fed is 'a long way' from its goals and 'some time' for substantial further progress?</b></p>\n<p>Jim O'Sullivan, thinks the Fed has to start getting away from this language, which Powell used to signal that policy would remain unchanged. \"The longer you leave it in place, the bigger deal it is when you drop it,\" he said. So he thinks Powell will no longer say that it will be \"some time\" before the economy reaches the benchmark of \"some further progress\" to allow the Fed to taper asset purchases. This won't be a signal of imminent tapering. \"It is not in the next three months -- it could happen by the end of the year. O'Sullivan thinks the Fed will show patience and not start tapering until next March.</p>\n<p>Rubeela Farooqi, chief U.S. economist at High Frequency Economics, wrote she wouldn't be shocked if Powell set out conditions for \"substantial further progress.\" This would go a long way toward removing uncertainty about when the Fed might reach the threshold, she said.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 things to watch for when the Fed meets Wednesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 things to watch for when the Fed meets Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 14:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/4-things-to-watch-for-when-the-fed-meets-wednesday-11623774676?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite the big spike in inflation, the Federal Reserve is set to signal on Wedesday that it is not going to change interest rate policy anytime soon -- at least through the end of 2022, economists ...</p>\n\n<a href=\"https://www.marketwatch.com/story/4-things-to-watch-for-when-the-fed-meets-wednesday-11623774676?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/4-things-to-watch-for-when-the-fed-meets-wednesday-11623774676?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143375006","content_text":"Despite the big spike in inflation, the Federal Reserve is set to signal on Wedesday that it is not going to change interest rate policy anytime soon -- at least through the end of 2022, economists say.\n\"The message this week will likely be a heavy dose of 'still a long way to go' sprinkled with concerns about upside risks to inflation,\" wrote Michael Gapen, chief U.S. economist at Barclays.\nThe Fed meets Tuesday and Wednesday this week against a backdrop of the consumer price index up 5% annual rate.\nThe Fed is still buying $80 billion of Treasurys and $40 billion of mortgage-backed securities each month along with keeping its benchmark rate close to zero, in order to support the economy.\nFed officials have guided the market that it won't scale back the asset purchases until it sees \"substantial further progress\" towards its unemployment target in particular as the economy recovers from the pandemic. Slowing back asset purchases would be taking the central bank's foot off the gas -- a long way from actually tapping on the brakes with higher interest rates.\nEconomists think markets have been so far surprisingly complacent about inflation. The yield on the 10-year Treasury note has fallen to 1.5% from closer to 1.64% just after the Fed's last meeting in late April.\nHere's a look at what economists and investors will be watching for Wednesday when the Fed concludes the two-day meeting. Fed officials will release a statement at 2pm Eastern followed by a press conference from Fed Chairman Jerome Powell at 2:30 p.m.\nInflation is transitory\nThe Fed statement is widely expected to repeat the phrase that the pickup in inflation \"largely reflects transitory factors.\" The Fed may drive this point home in its updated economic forecasts. In March, the Fed had core PCE inflation at 2.2% in 2021, 2% in 2022 and 2.1% in 2023. The 2021 forecast of core inflation is likely to rise but the Fed is expected to keep 2023 core inflation unchanged.\n'Talking about talking about' tapering\nFed officials are expected to discuss slowing down, or tapering, asset purchases, but only in a preliminary way without laying out any plans. \"We expect Chair Powell to stress that all, or almost all, participants, see tapering action as very premature,\" wrote Steve Englander, head of North American macro strategy at Standard Chartered Bank.\nTolerate a rising expectation of higher rates over 2023-2024\nIf inflation is more persistent than the Fed now believes, the central bank needs to signal it will do what it needs to do to keep inflation under control. \"In that record, the Fed will, if not encourage, at least tolerate, a rising expectation of [higher] rates over 2023 and 2024,\" said Bruce Kazman, chief economist at JPMorgan Chase, in an interview on Bloomberg Television.\nConsequently, the median dot on the chart that signal's the Fed's consensus could signal the first rate hike in 2023. In March, 11 of 18 top Fed officials thought policy would be unchanged. Only four of 18 officials were projecting a rate hike in 2022.\nMany other economists think it is still unlikely the median projection will change from the current rate close to zero.\nWill Powell repeat that the Fed is 'a long way' from its goals and 'some time' for substantial further progress?\nJim O'Sullivan, thinks the Fed has to start getting away from this language, which Powell used to signal that policy would remain unchanged. \"The longer you leave it in place, the bigger deal it is when you drop it,\" he said. So he thinks Powell will no longer say that it will be \"some time\" before the economy reaches the benchmark of \"some further progress\" to allow the Fed to taper asset purchases. This won't be a signal of imminent tapering. \"It is not in the next three months -- it could happen by the end of the year. O'Sullivan thinks the Fed will show patience and not start tapering until next March.\nRubeela Farooqi, chief U.S. economist at High Frequency Economics, wrote she wouldn't be shocked if Powell set out conditions for \"substantial further progress.\" This would go a long way toward removing uncertainty about when the Fed might reach the threshold, she said.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169808325,"gmtCreate":1623825195867,"gmtModify":1703820618416,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574420135746939","authorIdStr":"3574420135746939"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169808325","repostId":"1105892749","repostType":4,"repost":{"id":"1105892749","kind":"news","pubTimestamp":1623809672,"share":"https://ttm.financial/m/news/1105892749?lang=&edition=fundamental","pubTime":"2021-06-16 10:14","market":"us","language":"en","title":"Tesla Bulls Look for Stock Catalysts. They Found Three.","url":"https://stock-news.laohu8.com/highlight/detail?id=1105892749","media":"Barrons","summary":"Weak performance from Tesla stock has bullish analysts feeling disappointed these days. They are looking for catalysts to break shares out of their recent funk.That performance is flummoxing Tesla bulls. “Let’s begin with a healthy dose of intellectual honesty on the starting point for the stock,” writes Morgan Stanley analyst Adam Jonas in a Monday evening report. He is a Tesla bull rating shares Buy. His price target for the stock is $900 a share, almost 50% higher than recent levels. “Even bu","content":"<p>Weak performance from Tesla stock has bullish analysts feeling disappointed these days. They are looking for catalysts to break shares out of their recent funk.</p>\n<p>Tesla stock (ticker: TSLA) is down about 15% year to date and off about 50% from its January 52-week high of $900.40. Tesla has ceded leadership—from a stock perspective—back to traditional auto makers: General Motors (GM) and Ford Motor (F) shares are up 45% and 70% year to date, respectively.</p>\n<p>That performance is flummoxing Tesla bulls. “Let’s begin with a healthy dose of intellectual honesty on the starting point for the stock,” writes Morgan Stanley analyst&nbsp;Adam Jonas&nbsp;in a Monday evening report. He is a Tesla bull rating shares Buy. His price target for the stock is $900 a share, almost 50% higher than recent levels. “Even bulls should admit that the rise in the stock price during the second half of 2020, while perhaps deserved in principle, was packed into a&nbsp;highly concentrated&nbsp;time frame,” he writes.</p>\n<p>Tesla shares rose 227% in the second half of 2020, buoyed by strong earnings, strong deliveries, and the stock’s inclusion in the&nbsp;S&amp;P 500.</p>\n<p>“The stock had the better part of five years-worth of performance packed into about five month,” Jonas adds. He says his clients are now looking for the next big thing that can drive the stock forward again. His ideas include capacity expansion in Texas and Germany. After that, he predicts Tesla will open up five more plants between now and the middle of this decade.</p>\n<p>Jonas is also looking for Tesla to unveil another new vehicle model. By his estimation, Tesla covers only about 15% of the total addressable market for the auto industry with its Y, X, 3, and S models. Model expansion will be a positive. That isn’t on the near-term horizon, though the company is due to deliver its Cybertruck later in 2021.</p>\n<p>Canaccord analyst&nbsp;Jonathan Dorsheimer&nbsp;is looking in a different area for a catalyst: residential solar power. Part of the reason he is bullish is that “Tesla is creating an energy brand and an Apple-esque ecosystem of products with customer focused connectivity, seamlessly marrying car, solar, and back-up power,” he wrote in a report released Sunday.</p>\n<p>Dorsheimer is bullish, but feeling a little down lately. He still rates the stock Buy, but he cut his&nbsp;price target&nbsp;to $812 from $974 in his report. Among other things, he is disappointed by battery delays. Tesla is planning to use larger battery cells that promise better range, charge time, and costs. Those batteries aren’t available yet.</p>\n<p>Looking a little further back, Goldman Sachs analyst&nbsp;Mark Delaney&nbsp;was watching Tesla’s Model S Plaid delivery event last week. The Plaid can go zero to 60 miles per hour in less than two seconds. Delaney was impressed by the technology, but pointed out the Plaid, at roughly $130,000, is a niche vehicle. He is looking for 2021 deliveries to exceed expectations. Delaney is modeling 875,000 vehicles for Tesla in 2021. The Wall Street consensus number is closer to 825,000.</p>\n<p>Delaney rates shares Buy and has an $860 price target.</p>\n<p>New production ramping up, strong deliveries, and a growing solar business is what these three will watch for in coming months. If all goes well, those catalysts should be enough to drive Tesla stock higher, as long as there is no bad news in the meantime.</p>\n<p>Tesla stock was down 3%&nbsp;to $599.36&nbsp;on&nbsp;Tuesday, and down slightly for the week.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Bulls Look for Stock Catalysts. They Found Three.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Bulls Look for Stock Catalysts. They Found Three.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 10:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-bulls-look-for-stock-catalysts-they-found-three-51623774479?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Weak performance from Tesla stock has bullish analysts feeling disappointed these days. They are looking for catalysts to break shares out of their recent funk.\nTesla stock (ticker: TSLA) is down ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-bulls-look-for-stock-catalysts-they-found-three-51623774479?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-bulls-look-for-stock-catalysts-they-found-three-51623774479?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105892749","content_text":"Weak performance from Tesla stock has bullish analysts feeling disappointed these days. They are looking for catalysts to break shares out of their recent funk.\nTesla stock (ticker: TSLA) is down about 15% year to date and off about 50% from its January 52-week high of $900.40. Tesla has ceded leadership—from a stock perspective—back to traditional auto makers: General Motors (GM) and Ford Motor (F) shares are up 45% and 70% year to date, respectively.\nThat performance is flummoxing Tesla bulls. “Let’s begin with a healthy dose of intellectual honesty on the starting point for the stock,” writes Morgan Stanley analyst Adam Jonas in a Monday evening report. He is a Tesla bull rating shares Buy. His price target for the stock is $900 a share, almost 50% higher than recent levels. “Even bulls should admit that the rise in the stock price during the second half of 2020, while perhaps deserved in principle, was packed into a highly concentrated time frame,” he writes.\nTesla shares rose 227% in the second half of 2020, buoyed by strong earnings, strong deliveries, and the stock’s inclusion in the S&P 500.\n“The stock had the better part of five years-worth of performance packed into about five month,” Jonas adds. He says his clients are now looking for the next big thing that can drive the stock forward again. His ideas include capacity expansion in Texas and Germany. After that, he predicts Tesla will open up five more plants between now and the middle of this decade.\nJonas is also looking for Tesla to unveil another new vehicle model. By his estimation, Tesla covers only about 15% of the total addressable market for the auto industry with its Y, X, 3, and S models. Model expansion will be a positive. That isn’t on the near-term horizon, though the company is due to deliver its Cybertruck later in 2021.\nCanaccord analyst Jonathan Dorsheimer is looking in a different area for a catalyst: residential solar power. Part of the reason he is bullish is that “Tesla is creating an energy brand and an Apple-esque ecosystem of products with customer focused connectivity, seamlessly marrying car, solar, and back-up power,” he wrote in a report released Sunday.\nDorsheimer is bullish, but feeling a little down lately. He still rates the stock Buy, but he cut his price target to $812 from $974 in his report. Among other things, he is disappointed by battery delays. Tesla is planning to use larger battery cells that promise better range, charge time, and costs. Those batteries aren’t available yet.\nLooking a little further back, Goldman Sachs analyst Mark Delaney was watching Tesla’s Model S Plaid delivery event last week. The Plaid can go zero to 60 miles per hour in less than two seconds. Delaney was impressed by the technology, but pointed out the Plaid, at roughly $130,000, is a niche vehicle. He is looking for 2021 deliveries to exceed expectations. Delaney is modeling 875,000 vehicles for Tesla in 2021. The Wall Street consensus number is closer to 825,000.\nDelaney rates shares Buy and has an $860 price target.\nNew production ramping up, strong deliveries, and a growing solar business is what these three will watch for in coming months. If all goes well, those catalysts should be enough to drive Tesla stock higher, as long as there is no bad news in the meantime.\nTesla stock was down 3% to $599.36 on Tuesday, and down slightly for the week.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":795,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184536826,"gmtCreate":1623718260265,"gmtModify":1704209369940,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574420135746939","authorIdStr":"3574420135746939"},"themes":[],"htmlText":"Comment please. Thank you!&nbsp;","listText":"Comment please. Thank you!&nbsp;","text":"Comment please. Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/184536826","repostId":"1126626020","repostType":4,"isVote":1,"tweetType":1,"viewCount":1029,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":115378719,"gmtCreate":1622954782831,"gmtModify":1704193757004,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/115378719","repostId":"1106312903","repostType":4,"repost":{"id":"1106312903","kind":"news","pubTimestamp":1622855773,"share":"https://ttm.financial/m/news/1106312903?lang=&edition=fundamental","pubTime":"2021-06-05 09:16","market":"us","language":"en","title":"U.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1106312903","media":"Renaissance Capital","summary":"Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental h","content":"<p><b>Summary</b></p>\n<ul>\n <li>Eight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.</li>\n <li>Payments platform Marqeta plans to raise $1.0 billion at a $12.4 billion market cap.</li>\n <li>Chinese online recruitment platform Kanzhun plans to raise $864 million at an $8.2 billion market cap.</li>\n</ul>\n<p>Eight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.</p>\n<p>Payments platform&nbsp;<b>Marqeta</b>(MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or end users, and authorize and settle transactions. Marqeta is fast growing and counts names like Affirm (AFRM) and DoorDash (DASH) among its customers.</p>\n<p>Chinese online recruitment platform&nbsp;<b>Kanzhun</b>(BZ) plans to raise $864 million at an $8.2 billion market cap. Kanzhun's core product, BOSS Zhipin, is a mobile-native platform that promotes direct chats between job seekers and enterprise clients. The company claims it was the largest online recruitment platform in China by MAUs in 2020.</p>\n<p>Mental health services provider&nbsp;<b>LifeStance Health</b>(LFST) plans to raise $640 million at a $6.1 billion market cap. LifeStance states that it has built one of the nation's largest outpatient mental health platforms, employing over 3,300 licensed mental health clinicians across 73 MSAs in 27 states as of March 31, 2021. The company has demonstrated growth, though EBIT turned negative in the 1Q21.</p>\n<p>Israel’s&nbsp;<b>monday.com</b>(MNDY) plans to raise $490 million at a $6.8 billion market cap. monday.com allows organizations to easily build software applications and work management tools that fit their needs. As of March 31, 2021, it served nearly 128,000 customers across over 200 industries in more than 190 countries. Salesforce and Zoom plan to invest a combined $150 million in a concurrent private placement.</p>\n<p>BPO vendor&nbsp;<b>TaskUs</b>(TASK) plans to raise $304 million at a $2.5 billion market cap. TaskUs is a digital business services outsourcer, providing digital customer experience services, content security services, and artificial intelligence operations. Profitable with strong growth, the company had over 100 clients as of December 31, 2020.</p>\n<p>Data-driven marketing platform&nbsp;<b>Zeta Global</b>(ZETA) plans to raise $250 million at a $2.1 billion market cap. The company’s Zeta Marketing Platform uses identity data to target, connect, and engage consumers across email, social media, web, chat, connected TV, video, and other channels. Zeta is profitable and serves more than 1,000 customers, delivering roughly 500 million ad impressions in 2020.</p>\n<p>Online luxury goods marketplace&nbsp;<b>1stDibs</b>(DIBS) plans to raise $112 million at a $773 million market cap. 1stDibs connects buyers and sellers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. In 2020, the marketplace had more than 58,000 buyers who had made a purchase in the past year, with an average aggregate purchase per year of over $5,500.</p>\n<p>Chinese online tutoring platform&nbsp;<b>Zhangmen Education</b>(ZME) plans to raise $43 million at a $1.9 billion market cap. Zhangmen Education states that it has been the largest online K-12 tutoring service provider in China by revenue since 2017, claiming a 32% market share in 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/d771f02e44d9d489ff772f1577280332\" tg-width=\"945\" tg-height=\"666\"></p>\n<p>Street research is expected for six companies, and lock-up periods will be expiring for up to 11 companies.</p>\n<p><b>IPO Market Snapshot</b></p>\n<p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 6/3/21, the Renaissance IPO Index was down 6.0% year-to-date, while the S&amp;P 500 was up 11.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Zoom Video (ZM) and Uber (UBER). The Renaissance International IPO Index was down 1.1% year-to-date, while the ACWX was up 10.5%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Nexi and EQT Partners.</p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta plans to raise $1.0 billion at a $12.4 billion ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","LFST":"LifeStance Health Group, Inc.","ZME":"掌门教育","DIBS":"1stdibs.com Inc.",".DJI":"道琼斯","MQ":"Marqeta, Inc.","ZETA":"Zeta Global Holdings Corp.","MNDY":"Monday.com Ltd.","BZ":"BOSS直聘",".IXIC":"NASDAQ Composite","TASK":"TaskUs Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106312903","content_text":"Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta plans to raise $1.0 billion at a $12.4 billion market cap.\nChinese online recruitment platform Kanzhun plans to raise $864 million at an $8.2 billion market cap.\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta(MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or end users, and authorize and settle transactions. Marqeta is fast growing and counts names like Affirm (AFRM) and DoorDash (DASH) among its customers.\nChinese online recruitment platform Kanzhun(BZ) plans to raise $864 million at an $8.2 billion market cap. Kanzhun's core product, BOSS Zhipin, is a mobile-native platform that promotes direct chats between job seekers and enterprise clients. The company claims it was the largest online recruitment platform in China by MAUs in 2020.\nMental health services provider LifeStance Health(LFST) plans to raise $640 million at a $6.1 billion market cap. LifeStance states that it has built one of the nation's largest outpatient mental health platforms, employing over 3,300 licensed mental health clinicians across 73 MSAs in 27 states as of March 31, 2021. The company has demonstrated growth, though EBIT turned negative in the 1Q21.\nIsrael’s monday.com(MNDY) plans to raise $490 million at a $6.8 billion market cap. monday.com allows organizations to easily build software applications and work management tools that fit their needs. As of March 31, 2021, it served nearly 128,000 customers across over 200 industries in more than 190 countries. Salesforce and Zoom plan to invest a combined $150 million in a concurrent private placement.\nBPO vendor TaskUs(TASK) plans to raise $304 million at a $2.5 billion market cap. TaskUs is a digital business services outsourcer, providing digital customer experience services, content security services, and artificial intelligence operations. Profitable with strong growth, the company had over 100 clients as of December 31, 2020.\nData-driven marketing platform Zeta Global(ZETA) plans to raise $250 million at a $2.1 billion market cap. The company’s Zeta Marketing Platform uses identity data to target, connect, and engage consumers across email, social media, web, chat, connected TV, video, and other channels. Zeta is profitable and serves more than 1,000 customers, delivering roughly 500 million ad impressions in 2020.\nOnline luxury goods marketplace 1stDibs(DIBS) plans to raise $112 million at a $773 million market cap. 1stDibs connects buyers and sellers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. In 2020, the marketplace had more than 58,000 buyers who had made a purchase in the past year, with an average aggregate purchase per year of over $5,500.\nChinese online tutoring platform Zhangmen Education(ZME) plans to raise $43 million at a $1.9 billion market cap. Zhangmen Education states that it has been the largest online K-12 tutoring service provider in China by revenue since 2017, claiming a 32% market share in 2020.\n\nStreet research is expected for six companies, and lock-up periods will be expiring for up to 11 companies.\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 6/3/21, the Renaissance IPO Index was down 6.0% year-to-date, while the S&P 500 was up 11.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Zoom Video (ZM) and Uber (UBER). The Renaissance International IPO Index was down 1.1% year-to-date, while the ACWX was up 10.5%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Nexi and EQT Partners.","news_type":1,"symbols_score_info":{"LFST":0.9,"MNDY":0.9,"ZETA":0.9,"MQ":0.9,"DIBS":0.9,"TASK":0.9,"BZ":0.9,"ZME":0.9,".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583106884813736","authorId":"3583106884813736","name":"Mrcool0917","avatar":"https://static.tigerbbs.com/098eaf4d64c43da0612fad50db9f459d","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3583106884813736","idStr":"3583106884813736"},"content":"Press n reply ty","text":"Press n reply ty","html":"Press n reply ty"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166163236,"gmtCreate":1623997056325,"gmtModify":1703826105997,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Not good. Like and comment please.&nbsp;","listText":"Not good. Like and comment please.&nbsp;","text":"Not good. Like and comment please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/166163236","repostId":"1175693382","repostType":4,"repost":{"id":"1175693382","kind":"news","pubTimestamp":1623978463,"share":"https://ttm.financial/m/news/1175693382?lang=&edition=fundamental","pubTime":"2021-06-18 09:07","market":"hk","language":"en","title":"Alibaba Stock: The Bottoming Process Looks To Be Forming Already","url":"https://stock-news.laohu8.com/highlight/detail?id=1175693382","media":"seekingalpha","summary":"Alibaba is probably the most undervalued growth stock right now.The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.The short term technical picture may be turning bullish with a potential double bottom price action signal.When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is probably the most undervalued growth stock right now.</li>\n <li>The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.</li>\n <li>The short term technical picture may be turning bullish with a potential double bottom price action signal.</li>\n <li>We discuss the company’s multiple growth drivers and let investors judge for themselves.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05e63c77d4f3f3dc3d618e43044638bb\" tg-width=\"768\" tg-height=\"512\"><span>Yongyuan Dai/iStock Unreleased via Getty Images</span></p>\n<p><b>The Technical Thesis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7febf6ed056b0e3bc038321cdaad9b1c\" tg-width=\"1280\" tg-height=\"782\"><span>Source: TradingView</span></p>\n<p>Alibaba’s&nbsp;stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.</p>\n<p><b>BABA's Fundamental Thesis: Rapidly Expanding Growth Drivers</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eba49f5881708929949c30628eedc5d4\" tg-width=\"934\" tg-height=\"578\"><span>Annual GMV. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d6c4ed3e2402f5af52b2dea8bab411\" tg-width=\"836\" tg-height=\"517\"><span>Annual e-commerce revenue. Data source: Company filings</span></p>\n<p>BABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.</p>\n<p>Even though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe2dee43f267e1d1399c68e3ca60f36\" tg-width=\"600\" tg-height=\"371\"><span>E-commerce revenue in the U.S. Data source: Statista</span></p>\n<p>When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d5a8d0d8a6a2dcdf667a6f33c6c9771\" tg-width=\"1280\" tg-height=\"702\"><span>Peers EBIT Margin and Projected EBIT Margin. Data source: S&amp;P Capital IQ</span></p>\n<p>Even though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&amp;A, and therefore skewed its EBIT margin to the downside.</p>\n<p>One important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of&nbsp;823M AAC&nbsp;in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only&nbsp;100M AAC in Q2’C17&nbsp;as compared to BABA’s 466M AAC in the same period.</p>\n<p>Therefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b83b69b08b1f4b11a26393c8e6eead5\" tg-width=\"600\" tg-height=\"371\"><span>Market size of community group buying in China. Data source: iiMedia Research</span></p>\n<p>Even though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b97b2b4a8a182dc9846d8fb7e4039877\" tg-width=\"1280\" tg-height=\"770\"><span>PDD profitability metrics &amp; revenue growth forecast. Data source: S&amp;P Capital IQ</span></p>\n<p>We could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3aadc32155b4108426a1a982e3b5b1c2\" tg-width=\"640\" tg-height=\"360\"><span>China public cloud spending. Source:China Internet Watch; Canalys</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c1538b9f7bdc8d6d35a72d9acf8ecbc\" tg-width=\"600\" tg-height=\"371\"><span>Size of China public cloud market. Data source: CAICT; Sina.com.cn</span></p>\n<p>BABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06198c569504bc303c34563041dfb294\" tg-width=\"600\" tg-height=\"371\"><span>Worldwide public cloud spending. Data source: Gartner</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8482037f60575f964053ab732496bee3\" tg-width=\"1176\" tg-height=\"700\"><span>Worldwide public cloud market share. Source:CnTechPost; Gartner</span></p>\n<p>Therefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.</p>\n<p><b>BABA's Valuations Look Highly Compelling</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62a087c4b3ef7efc2c5dde813e3b959d\" tg-width=\"1000\" tg-height=\"600\"><span>NTM TEV / EBIT 3Y range.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2605c0e5ad364a7a43929fef204595c\" tg-width=\"1280\" tg-height=\"687\"><span>EV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&amp;P Capital IQ</span></p>\n<p>When we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d27873e676dfb23c98d4a69aa5861e02\" tg-width=\"1280\" tg-height=\"1117\"><span>Peers EV / EBIT Valuations. Data source: S&amp;P Capital IQ</span></p>\n<p>By using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.</p>\n<p><b>Risks to Assumptions</b></p>\n<p>Now, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>Alibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock: The Bottoming Process Looks To Be Forming Already</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock: The Bottoming Process Looks To Be Forming Already\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 09:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short...</p>\n\n<a href=\"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175693382","content_text":"Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short term technical picture may be turning bullish with a potential double bottom price action signal.\nWe discuss the company’s multiple growth drivers and let investors judge for themselves.\n\nYongyuan Dai/iStock Unreleased via Getty Images\nThe Technical Thesis\nSource: TradingView\nAlibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.\nBABA's Fundamental Thesis: Rapidly Expanding Growth Drivers\nAnnual GMV. Data source: Company filings\nAnnual e-commerce revenue. Data source: Company filings\nBABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.\nEven though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.\nE-commerce revenue in the U.S. Data source: Statista\nWhen we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.\nPeers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ\nEven though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.\nOne important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.\nTherefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.\nMarket size of community group buying in China. Data source: iiMedia Research\nEven though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.\nPDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ\nWe could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.\nChina public cloud spending. Source:China Internet Watch; Canalys\nSize of China public cloud market. Data source: CAICT; Sina.com.cn\nBABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.\nWorldwide public cloud spending. Data source: Gartner\nWorldwide public cloud market share. Source:CnTechPost; Gartner\nTherefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.\nBABA's Valuations Look Highly Compelling\nNTM TEV / EBIT 3Y range.\nEV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ\nWhen we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.\nPeers EV / EBIT Valuations. Data source: S&P Capital IQ\nBy using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.\nRisks to Assumptions\nNow, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.\nWrapping It All Up\nAlibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.","news_type":1,"symbols_score_info":{"BABA":0.9,"09988":0.9}},"isVote":1,"tweetType":1,"viewCount":702,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156179393,"gmtCreate":1625206065212,"gmtModify":1703738351382,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Yes IPO. Give people more confident in the company!&nbsp;","listText":"Yes IPO. Give people more confident in the company!&nbsp;","text":"Yes IPO. Give people more confident in the company!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156179393","repostId":"1175423387","repostType":4,"repost":{"id":"1175423387","kind":"news","pubTimestamp":1625204059,"share":"https://ttm.financial/m/news/1175423387?lang=&edition=fundamental","pubTime":"2021-07-02 13:34","market":"us","language":"en","title":"Singapore Crypto Exchange Considers IPO After 500% Trading Growth: Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1175423387","media":"coindesk","summary":"Crypto exchange Coinhako is considering an initial public offering after seeing January-May trading ","content":"<p>Crypto exchange Coinhako is considering an initial public offering after seeing January-May trading volume 500% higher than for the whole of 2020.</p>\n<ul>\n <li><p>The Singapore-based company predicts volume will top $7 billion by the end of 2021, according to areportby Forkast on Tuesday.</p></li>\n <li><p>The exchange has over 300,000 registered users in the city-state, with an average of 150,000 active each month.</p></li>\n <li><p>Coinhako, which was launched in 2014 withbackingfrom venture capitalist Tim Draper, is considering an IPO, Forkast said.</p></li>\n <li><p>“Given how the crypto markets in the U.S. and Europe have developed, we believe it is only a matter of time that the crypto industry in this part of the world will likewise take off,” Coinhako CEO Yusho Liu said.</p></li>\n</ul>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Crypto Exchange Considers IPO After 500% Trading Growth: Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Crypto Exchange Considers IPO After 500% Trading Growth: Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-crypto-exchange-considers-ipo-125850654.html><strong>coindesk</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto exchange Coinhako is considering an initial public offering after seeing January-May trading volume 500% higher than for the whole of 2020.\n\nThe Singapore-based company predicts volume will top...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-crypto-exchange-considers-ipo-125850654.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://finance.yahoo.com/news/singapore-crypto-exchange-considers-ipo-125850654.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175423387","content_text":"Crypto exchange Coinhako is considering an initial public offering after seeing January-May trading volume 500% higher than for the whole of 2020.\n\nThe Singapore-based company predicts volume will top $7 billion by the end of 2021, according to areportby Forkast on Tuesday.\nThe exchange has over 300,000 registered users in the city-state, with an average of 150,000 active each month.\nCoinhako, which was launched in 2014 withbackingfrom venture capitalist Tim Draper, is considering an IPO, Forkast said.\n“Given how the crypto markets in the U.S. and Europe have developed, we believe it is only a matter of time that the crypto industry in this part of the world will likewise take off,” Coinhako CEO Yusho Liu said.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":3435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184536826,"gmtCreate":1623718260265,"gmtModify":1704209369940,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Comment please. Thank you!&nbsp;","listText":"Comment please. Thank you!&nbsp;","text":"Comment please. Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/184536826","repostId":"1126626020","repostType":4,"isVote":1,"tweetType":1,"viewCount":1029,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323749708,"gmtCreate":1615380709604,"gmtModify":1704781908887,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>some say target price at $100 by April. Possible?&nbsp;","listText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>some say target price at $100 by April. Possible?&nbsp;","text":"$Marathon Digital Holdings Inc(MARA)$some say target price at $100 by April. Possible?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/323749708","isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"content":"haha I hope you didn't buy any. $36 to $50 now. tsk tsk tsk..","text":"haha I hope you didn't buy any. $36 to $50 now. tsk tsk tsk..","html":"haha I hope you didn't buy any. $36 to $50 now. tsk tsk tsk.."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141264737,"gmtCreate":1625876000729,"gmtModify":1703750173548,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141264737","repostId":"2150030193","repostType":4,"isVote":1,"tweetType":1,"viewCount":2516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156146350,"gmtCreate":1625205573770,"gmtModify":1703738343130,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Is their stock price dropping again...&nbsp;","listText":"Is their stock price dropping again...&nbsp;","text":"Is their stock price dropping again...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156146350","repostId":"1169411779","repostType":4,"isVote":1,"tweetType":1,"viewCount":3576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122959084,"gmtCreate":1624594370648,"gmtModify":1703841281408,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122959084","repostId":"2146023477","repostType":4,"isVote":1,"tweetType":1,"viewCount":2671,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181883664,"gmtCreate":1623384590958,"gmtModify":1704202204581,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Comment and like. Thank you","listText":"Comment and like. Thank you","text":"Comment and like. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/181883664","repostId":"1184070773","repostType":4,"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114988595,"gmtCreate":1623042408417,"gmtModify":1704194895528,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/114988595","repostId":"1170185754","repostType":4,"repost":{"id":"1170185754","kind":"news","pubTimestamp":1623037748,"share":"https://ttm.financial/m/news/1170185754?lang=&edition=fundamental","pubTime":"2021-06-07 11:49","market":"us","language":"en","title":"Toshiba to buy back 6% of shares, pay special dividend","url":"https://stock-news.laohu8.com/highlight/detail?id=1170185754","media":"Reuters","summary":"TOKYO (Reuters) - Toshiba Corp said on Monday it will buy back up to 6% of its outstanding shares wo","content":"<p>TOKYO (Reuters) - Toshiba Corp said on Monday it will buy back up to 6% of its outstanding shares worth around 100 billion yen ($913 million), in line with its plans to boost shareholder returns.</p><p>The Japanese industrial conglomerate will also allocate about 50 billion yen to pay a special dividend as \"some shareholders, mainly retail shareholders, prefer dividends\", it said in a statement.</p><p>Toshiba, which has been under pressure from activist shareholders, last month promised to return to shareholders a surplus of 150 billion yen against the appropriate shareholder equity level.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toshiba to buy back 6% of shares, pay special dividend</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToshiba to buy back 6% of shares, pay special dividend\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-07 11:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/toshiba-buy-back-6-shares-033708746.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - Toshiba Corp said on Monday it will buy back up to 6% of its outstanding shares worth around 100 billion yen ($913 million), in line with its plans to boost shareholder returns.The ...</p>\n\n<a href=\"https://finance.yahoo.com/news/toshiba-buy-back-6-shares-033708746.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TOSYY":"东芝"},"source_url":"https://finance.yahoo.com/news/toshiba-buy-back-6-shares-033708746.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170185754","content_text":"TOKYO (Reuters) - Toshiba Corp said on Monday it will buy back up to 6% of its outstanding shares worth around 100 billion yen ($913 million), in line with its plans to boost shareholder returns.The Japanese industrial conglomerate will also allocate about 50 billion yen to pay a special dividend as \"some shareholders, mainly retail shareholders, prefer dividends\", it said in a statement.Toshiba, which has been under pressure from activist shareholders, last month promised to return to shareholders a surplus of 150 billion yen against the appropriate shareholder equity level.","news_type":1,"symbols_score_info":{"TOSYY":0.9}},"isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115376341,"gmtCreate":1622954823783,"gmtModify":1704193757166,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Looking forward to NIO stock price increase","listText":"Looking forward to NIO stock price increase","text":"Looking forward to NIO stock price increase","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115376341","repostId":"1156802172","repostType":4,"repost":{"id":"1156802172","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622950106,"share":"https://ttm.financial/m/news/1156802172?lang=&edition=fundamental","pubTime":"2021-06-06 11:28","market":"us","language":"en","title":"Nio Begins Prepping For Nio Day 2021: What We Know So Far","url":"https://stock-news.laohu8.com/highlight/detail?id=1156802172","media":"Benzinga","summary":"The catalyst that drove NIO Inc. shares to an all-time high of $66.99 earlier this year was Nio Day ","content":"<p>The catalyst that drove&nbsp;<b>NIO Inc.</b>&nbsp;shares to an all-time high of $66.99 earlier this year was Nio Day 2020&nbsp;on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.</p>\n<p>Against this backdrop, it has emerged that&nbsp;the company has started laying the groundwork for the next Nio Day.</p>\n<p><b>What Happened:</b>Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.</p>\n<p>The bidding process as&nbsp;explained&nbsp;by CnEVPost is as follows:</p>\n<p>The applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.</p>\n<p>Nio mandates&nbsp;a potential&nbsp;host city should not have hosted Nio Day in the past eight years.</p>\n<p>The city should have an indoor venue with a seating capacity of more than&nbsp;8,000 and&nbsp;available for hosting 10&nbsp;consecutive days sometime between Dec. 1, 2021&nbsp;and Jan. 15, 2022.</p>\n<p>The company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.</p>\n<p>Following the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.</p>\n<p><b>Why It's Important:</b>Nio Day is an annual event for Nio users and other guests.&nbsp;The company has been hosting the event since 2017&nbsp;when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.</p>\n<p>Nio Day 2020&nbsp;was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.</p>\n<p>Several rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.</p>\n<p>With the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.</p>\n<p>Nio users may also look ahead to more details on the company's recent&nbsp;expansion into Norway.</p>\n<p>At last check Friday at publication, Nio shares were rallying 2.54% to $41.94.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Begins Prepping For Nio Day 2021: What We Know So Far</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Begins Prepping For Nio Day 2021: What We Know So Far\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-06 11:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The catalyst that drove&nbsp;<b>NIO Inc.</b>&nbsp;shares to an all-time high of $66.99 earlier this year was Nio Day 2020&nbsp;on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.</p>\n<p>Against this backdrop, it has emerged that&nbsp;the company has started laying the groundwork for the next Nio Day.</p>\n<p><b>What Happened:</b>Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.</p>\n<p>The bidding process as&nbsp;explained&nbsp;by CnEVPost is as follows:</p>\n<p>The applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.</p>\n<p>Nio mandates&nbsp;a potential&nbsp;host city should not have hosted Nio Day in the past eight years.</p>\n<p>The city should have an indoor venue with a seating capacity of more than&nbsp;8,000 and&nbsp;available for hosting 10&nbsp;consecutive days sometime between Dec. 1, 2021&nbsp;and Jan. 15, 2022.</p>\n<p>The company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.</p>\n<p>Following the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.</p>\n<p><b>Why It's Important:</b>Nio Day is an annual event for Nio users and other guests.&nbsp;The company has been hosting the event since 2017&nbsp;when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.</p>\n<p>Nio Day 2020&nbsp;was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.</p>\n<p>Several rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.</p>\n<p>With the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.</p>\n<p>Nio users may also look ahead to more details on the company's recent&nbsp;expansion into Norway.</p>\n<p>At last check Friday at publication, Nio shares were rallying 2.54% to $41.94.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156802172","content_text":"The catalyst that drove NIO Inc. shares to an all-time high of $66.99 earlier this year was Nio Day 2020 on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.\nAgainst this backdrop, it has emerged that the company has started laying the groundwork for the next Nio Day.\nWhat Happened:Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.\nThe bidding process as explained by CnEVPost is as follows:\nThe applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.\nNio mandates a potential host city should not have hosted Nio Day in the past eight years.\nThe city should have an indoor venue with a seating capacity of more than 8,000 and available for hosting 10 consecutive days sometime between Dec. 1, 2021 and Jan. 15, 2022.\nThe company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.\nFollowing the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.\nWhy It's Important:Nio Day is an annual event for Nio users and other guests. The company has been hosting the event since 2017 when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.\nNio Day 2020 was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.\nSeveral rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.\nWith the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.\nNio users may also look ahead to more details on the company's recent expansion into Norway.\nAt last check Friday at publication, Nio shares were rallying 2.54% to $41.94.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369855268,"gmtCreate":1614033003954,"gmtModify":1704887081809,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>can hit 550. Discount coming","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>can hit 550. Discount coming","text":"$Tesla Motors(TSLA)$can hit 550. Discount coming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369855268","isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142245750,"gmtCreate":1626156724570,"gmtModify":1703754477471,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Very good","listText":"Very good","text":"Very good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/142245750","repostId":"1101566017","repostType":4,"isVote":1,"tweetType":1,"viewCount":3463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115372134,"gmtCreate":1622954980428,"gmtModify":1704193758297,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Microchip industry could be the next surprise","listText":"Microchip industry could be the next surprise","text":"Microchip industry could be the next surprise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115372134","repostId":"1102972710","repostType":4,"repost":{"id":"1102972710","kind":"news","pubTimestamp":1622948427,"share":"https://ttm.financial/m/news/1102972710?lang=&edition=fundamental","pubTime":"2021-06-06 11:00","market":"us","language":"en","title":"Micron: A Strong Chip Shortage Play","url":"https://stock-news.laohu8.com/highlight/detail?id=1102972710","media":"seekingalpha","summary":"Summary\n\nMicron's four business units have sizable TAMs.\nBoth the DRAM and NAND industries have favo","content":"<p><b>Summary</b></p>\n<ul>\n <li>Micron's four business units have sizable TAMs.</li>\n <li>Both the DRAM and NAND industries have favourable outlooks.</li>\n <li>Industry tailwinds point to pricing power and expanding margins.</li>\n <li>The strong financials of the company will serve them well in the current high-volatility environment.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b87dd8114b0aa47fdcdd26e5dc40d5ee\" tg-width=\"1536\" tg-height=\"896\"><span>Photo by vchal/iStock via Getty Images</span></p>\n<p>Micron Technology(NASDAQ:MU)&nbsp;is a severely undervalued semiconductor play with significant upside based upon conservative estimates, strong fundamentals, and favorable industry tailwinds. The current semiconductor shortage worldwide has put pressure upon semiconductor companies as they rush to ramp up production after an intentional slowdown and supply disruption amidst the pandemic. Forecasts and estimates regarding how fast demand was to bounce back came in entirely too conservative, and as a result the unprecedented surge in demand with a lagging supply has buyers of semiconductor chips such as&nbsp;auto manufacturers forced to slash production.</p>\n<p>Semiconductors of all kinds are the fundamental basic unit and brains of products ranging from audio devices, security cameras, automobiles, to even smart fridges. When it comes to a global shortage in a time as such, companies that are 'fabless' lose out and those that have their own manufacturing facilities and plants gain the upper hand as flexibility and production output remains in their ballpark. Today we examine how Micron is one of them, and despite its remarkable run up 54% since the start of 2020, there is considerable upside remaining given the size of the different total addressable markets(NYSE:TAM)that Micron is targeting.</p>\n<p><b>Business Model</b></p>\n<p>Micron is one of the top 3 memory chip makers in the world with a product portfolio featuring DRAM, NAND, NOR, and even&nbsp;3D XPoint SSDs that they have since ceased production.Management guided that the decision comes amidst the findings that:</p>\n<blockquote>\n There was insufficient market validation to justify the ongoing investments required to commercialize 3D XPoint at scale.\n</blockquote>\n<p>As promising as the 3D XPoint developments that Micron had that first started as a joint partnership with Intel in 2015 before parting ways in 2018 was, the impact moving forward will be minimal given that revenue from selling DRAM and NAND chips still accounts for the majority of Micron's Revenue, and 3D XPoint SSDs had yet to scale up.</p>\n<p><b>DRAM and NAND</b></p>\n<p>DRAM (Dynamic Random-Access Memory) devices are essentially a type of low latency memory product commonly used in PCs, servers, smartphones, and automobiles.</p>\n<p>It is 'volatile' as content will be lost if the power supply is turned off. As such, DRAM devices store information that needs to be quickly accessed by the CPU / GPU. CPUs provide the raw computational power needed to run software programs and RAMs store the data and software code needed by the CPU to run in real-time.</p>\n<p>The DRAM market operates as an oligopolistic one, with the 3 biggest competitors, Samsung (OTC:SSNLF), SK Hynix (OTC:HXSCL), and Micron dominating 94.1% of the market share. Samsung leads with 42% as of the latest fiscal quarter, SK Hynix second with 29% and Micron close behind with&nbsp;23.1% of the market share.Amongst the 3, Micron is the only one operating in the U.S with Samsung &amp; SK Hynix based in South Korea. This geographical advantage has come to serve Micron well in the automobile memory market as I will proceed to prove later, although it can be argued that this very same factor has placed the 2 Korean companies in a better position to service the&nbsp;largest consumer of DRAMs&nbsp;by region - China. In 2019, China accounted for 55.42% of global DRAM consumption by region.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/17c2b471dd41b837a1ad129c180fa0b9\" tg-width=\"640\" tg-height=\"368\"><span>Source: Statista Global DRAM Market Share</span></p>\n<p>As of the latest fiscal quarter 21, DRAM sales represented&nbsp;71.26%&nbsp;of the company's total revenue. Although there may be the risk of concentration with a substantial portion of sales coming from 1 of the 3 main product offerings, DRAM chips have always represented the majority of the firm's sales. With favorable industry tailwinds, positive outlook regarding overall DRAM market dynamics, pricing power, and very likely higher margins as a result, this concentration of sales will likely also prove to be more of a boon than a bane for Micron in the current economic environment that we are in today.</p>\n<p>Historically, Micron has also retained a firm hold of their share in the DRAM market and has made an effort to gradually increase it overtime since CY 2016. The inherently high BTE and economies of scale in an oligopolistic market coupled with necessary high CAPEX spending serves to grant the dominant 3 a firm hold in the DRAM market for years to come. The chart below shows Micron holding a steady 20 - 23% market share since CY 15, testament to their persistent presence as a top 3 market player.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/371a886343d14f2ba3407afa02804db5\" tg-width=\"640\" tg-height=\"526\"><span>Source: Author's Compilations</span></p>\n<p>TAM: As DRAM products represent a majority of Micron's sales, it is imperative that the market they are operating in has a bright future and is on track to grow.According to MarketWatch,the global DRAM market revenue was valued at $62.1 BN in 2020 and is expected to grow to $91.1 BN by the end of 2026, representing a CAGR of 8%. With a sizable TAM in their leading product offering, the company should reap in the rewards of a growing market in terms of future revenue. As DRAM products also bring in higher margins at the end of the day based on CNBU and MBU (explained below) Operating Margins, this acts as a further catalyst for Micron.</p>\n<p>Micron also offers NAND products and though it represents a smaller chunk of Total Revenue relative to DRAMs, it still accounted for a meaningful&nbsp;26.46%&nbsp;as of Q2 FY 21. NAND chips are used for the storage of information. Slower than DRAMs for accessing memory quickly, they are 'non-volatile' as the content can still be accessed should the power supply be cut off. These are commonly found in hard drives, smartphones and data centers.</p>\n<p>Likewise, the dominant 3 in the DRAM market also represent a significant portion of the NAND market albeit having more competitors. In the NAND flash market, Micron ranks 5th worldwide, behind the same industry leader - Samsung. As of Q1 21, Samsung dominated with 33.5% market share, Kioxia 18.7%, Western Digital (WDC) 14.4%, SK Hynix 12.3%, and Micron with 11.1%. However, in a market very similar to that of DRAM, acquisitions by the big power players can be expected to further solidify their presence and chew out competitors. As it is, SK Hynix has&nbsp;announced plans to acquire&nbsp;Intel's NAND Storage Unit (INTC), which represented a 7.5% market share in the NAND market beginning this year. Moving forward, this move is likely to bump the Korean company up to 2nd place with about 20% of the market, overtaking Kioxia. It is important to note however that this acquisition does not include Intel's Optane 3D XPoint portfolio that Intel will be retaining.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b8da20e0246607003c65afa09ff3998\" tg-width=\"640\" tg-height=\"403\"><span>Source: Statista Global NAND Flash Market Share</span></p>\n<p>Despite having more competition and less pricing power in this market, there too have been rumors that Micron is looking to make a move on Kioxia in a&nbsp;similar bid for $30 BN&nbsp;to enhance the competitiveness in its storage solutions in a rapidly growing NAND flash space. Western Digital also stands as a potential opposing bidder with both firms having merits as to why they should be the ideal one to acquire Kioxia. As of now, leverage seems to be in the hands of Micron as a firm with much more operating cashflow and a better balance sheet.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e220cb5c3b6dea5d0f84bde25765bfa\" tg-width=\"640\" tg-height=\"384\"><span>Source: Author's Compilations</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc8e8ee498e5b2469b09b1605b2ef98a\" tg-width=\"640\" tg-height=\"384\"><span>Source: Author's Compilations</span></p>\n<p>The $30 BN that Kioxia has been rumored to be valued at represents more than the entire Market Cap &amp; EV of Western Digital. Besides, the firm already has more Total Debt relative to Micron, lower Operating Cashflows, and has a lower LTM Current Ratio of 2.01 compared to the 3.18 that Micron has that speaks directly to MU's near term liquidity strength. Surface level financial analysis goes to show that this would be a deal likely to go to Micron despite WDC having a joint venture with Kioxia. Furthermore, Micron has a rather&nbsp;long history of acquisitions&nbsp;having acquired Numonyx, a NOR manufacturer in 2010, Elpida Memory &amp; Rexchip Electronics in 2013, Tidal Systems, Convey Computer, and Pico Computing in 2015, Inotera Memories in 2016… the list goes on. As you can see, Micron is quite the decorated acquiring firm.</p>\n<p>If successful, Micron's NAND dominance has the potential to leap from its 5th placing, 11.1% of the market share to 29.8%, placing them as the 2nd biggest player, just 370 Bps below that of Samsung, and this is after accounting for SK Hynix's recent acquisition of Intel's NAND operations.</p>\n<p><b>More Conviction</b></p>\n<p>For more conviction in our thesis, we can look to the performance and different TAMs in Micron's business units breakdown.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8953a521354fd97f74d0f8694e0a0ee6\" tg-width=\"640\" tg-height=\"204\"><span>Source: Micron's Q2 Investor Presentation</span></p>\n<p>As of FQ-2 21, CNBUs (Compute &amp; Networking Business Unit) as always represented the largest portion of the firm's sales, taking up 42% of TR. This unit consists of memory products like DRAM &amp; NAND sold to client, cloud servers, graphics, enterprise and networking markets as defined by the&nbsp;10-Q.The 34% YOY improvement is promising but the really exciting growth came from MBUs and remains to be seen in EBUs.</p>\n<p>MBUs (Mobile Business Unit) represent the 2nd biggest revenue segment for Micron, accounting for 29% of TR, up an impressive 44% YOY. MBUs are memory and storage products for mobile devices, most notably smartphones. According to&nbsp;Mordor Intelligence,the global smartphone market will be valued at more than a trillion dollars by 2026, up from the $715 BN in 2020, a CAGR of 11.6%. Although therein lies the risk that the smartphone replacement cycle has been lengthening, the gradual shift to 5G overtime will force smartphone users to have to upgrade to a 5G capable one that can operate on the same frequency. Doing so will mean more DRAM and NAND content per unit that Micron will stand to benefit from.</p>\n<p>However, what's being left out by many is Micron's dominant position in the memory market for automobiles and the sizable TAM in this space moving forward. EBUs (Embedded Business Unit) represent the 2nd smallest revenue segment (15% of TR) of the 4 that Micron has. This essentially refers to embedded memory and storage chips sold to automotive, industrial, and consumer markets. Despite not being the main cash cow for Micron, EBUs still saw remarkable growth of 34% YOY in FQ-2. Micron may have been 3rd in the overall DRAM space and 5th in the overall NAND space, but they are the only memory chip provider with a substantial close to&nbsp;50% market share&nbsp;in the space, according to Trendforce, a world leading market intelligence provider.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e31402367246f258d67658ada2e3a41e\" tg-width=\"640\" tg-height=\"229\"><span>Source: Micron's Automotive Division</span></p>\n<p>This is where the geographical advantage for Micron comes into play. Micron effectively leverages their collaborative relationships with Tier-1 automobile suppliers based in Europe and the U.S to service them their comprehensive product portfolio of automotive memory solutions ranging from&nbsp;DDR2 - DDR 4 solutions to LPDDR 2 -5 solutions.The pure growth in this space can be seen from the fact that the average DRAM content of cars will continue to grow at a CAGR of more than&nbsp;30% from 2021 - 2024.That is by far the biggest growth sector in any of Micron's Business Units moving forward and Micron's 30 years of leadership in the automobile memory space with no dominant position from Samsung or SK Hynix will come to serve them well in an era where we transition to EVs &amp; AVs.</p>\n<p>As it is, Tesla has already shown that new electric vehicles will be needing a lot more DRAM content and this trend will continue to play out as the world demands more cars with more technological capabilities. In its earlier Model S &amp; X, Tesla reached at least 8GB of DRAM content within the vehicles. The newer Model 3, however, is further equipped with 14GB of DRAM content and the&nbsp;next generation of Tesla Models will have even more at 20GB.</p>\n<p>The growing automobile memory space where Micron has maintained its underdog&nbsp;30-year leadership&nbsp;will come to serve them well in the future as we transition to more sustainable and green versions of automobiles that demand more memory as well. Just remember that the more software a device has, the more memory is needed. Hence, we should be able to see positive growth in the EBU segment moving forward. However, one thing to note is that the EBU segment consists of sales to other industries that may be lagging and as a whole, the Operating Margins(NASDAQ:OM)from this segment of 15% stands pale in comparison to the OM in the CNBU segment of 26.9% and 25.6% in MBUs.</p>\n<p><b>Industry Tailwinds</b></p>\n<p>Moving on to the industry outlook, Micron operates in a somewhat commoditized sector which experiences the extreme booms and busts of the demand cycle for PCs and Servers. Despite being a rather cyclical stock where the stock price is commanded largely by the DD and SS of computer chips and production capacity in general, it appears as if we are at the lows of the cycle and Micron remains to be one of the better plays for the ongoing global chip shortage as we begin the next leg up.</p>\n<p>For a brief explanation on how the memory chip market moves overtime, let me take a stab at it. In essence, the overall supply of memory chips - most of which is produced by the dominant 3 - relative to demand, dictates the prices of chips, and therefore affects the financials of companies.</p>\n<p>When the memory market is in a 'bull' cycle as it was in 2010, 2014, 2018, and forecasted DD is set to outpace production capacities by firms, it results in a near-term shortage where the dominant market players (MU included) have the power to raise prices and maximize revenues. As COGS remain relatively constant regardless of the commodity cycle, this eventually translates to higher Gross Margins(NYSE:GM)for firms, a higher EBITDA which coincides nicely with stock price outperformance, and likely a higher bottom line. Although market players tend to agree on CAPEX spending and limit production capacities as a hedge from overproduction, firms blinded by the profits and higher margins tend to chase 'gains' and make the most of the cycle by capturing as much market share as possible.</p>\n<p>When firms do that and start to ramp up capacity with no regard for agreed limitations on production capacity and CAPEX spend, overproduction usually ensues that overwhelms the already inflated DD that is now dwindling, resulting in a surplus which brings just about the opposite consequence. Firms then lose pricing power and experience compressing margins in the years to follow, before the slowdown in capacity because of this very surplus eventually dips below future forecasted DD, thereby kickstarting the next leg up because of a shortage.</p>\n<p>Looking to history, when Micron has enjoyed higher EBITDA during those bull commodity cycles when there is a shortage in the industry, the stock price tends to outperform as well, in line with the higher pricing power and margins the firm experiences.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/18c32366202010d3411e7888fcae587f\" tg-width=\"640\" tg-height=\"393\"><span>Source: Author's Compilations</span></p>\n<p>2018 represented the peak in the previous memory market commodity cycle where the dominant industry players overbuilt capacity chasing margins, and as a result experienced the surplus and its consequences since. Because EBITDA has been falling since 2018 and GM, OM, and NPM have all cumulatively been decreasing YOY, so has the stock price. However, we are now facing another shortage in the DRAM market as production has slowed since the resulting slowdown in 2018. This coupled with an unprecedented surge in demand for chips, fueled by the emerging hyper-growth industries brought forward by the pandemic sets the stage for Micron's potential rally up. With a transition to 5G, Electric and Autonomous Vehicles, Artificial Intelligence, IOTs, Cloud Computing, Cobotic Manufacturing and Healthcare Telemedicine, the convergence of these advanced technologies mean more demand for advanced memory solutions, and Micron stands to win from it all.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/060cf4c42cb775ea2a1d35cbd3b796e1\" tg-width=\"640\" tg-height=\"261\"><span>Source: Micron FQ-2 Investor Presentation</span></p>\n<p>The industry outlook only serves to confirm the shifting tides in the memory market, with the DRAM market facing a severe shortage and optimistic long-term demand growth at a CAGR around 15-19%. A shortage may not seem like good news, but for a dominant market player like Micron that can raise prices and aren't reliant on outsourced production, it is. For further confirmation we can look to the upwardly revised estimates regarding the rise in DRAM prices in Q1 and Q2 of 2021 by&nbsp;Trendforce:</p>\n<blockquote>\n Trendforce predicts that DRAM prices will rise 13-18% in the second quarter of 2021 &amp; they already rose 3-8% in the first quarter of 2021.\n</blockquote>\n<p>Call it inflation, call it whatever you want, but what I do know is that the higher prices in the DRAM market that has since manifested itself and has been forecasted to rise even higher will translate to higher profits for Micron. Market players are likely to make the most of this shortage as demand will not taper off given the fundamental need for memory chips against the backdrop of an era where advanced technologies are so rampant. Analysts too are forecasting improved revenues and earnings seen from the number of upward revisions and none downward in the last 3 months.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ff33c479a31ba4e4ee56a91be2d78318\" tg-width=\"456\" tg-height=\"111\"><span>Source: Seeking Alpha</span></p>\n<p>In the NAND market, although production output has been forecasted to be oversupplied due to increasing shipments, CY 21 demand is still expected to be around 30 - 35% and CAPEX cuts are likely to be implemented.</p>\n<p><b>Financials</b></p>\n<p>Q1 Revenue delivered 12% growth YOY, GM a 359 Bps improvement to 30.90% and NPM a 488 Bps growth YOY to a healthy 15.54%. Q2 delivered even better numbers, with Revenues coming in at $6.2 BN despite management guidance of $5.8 BN. GM further improved to 32.93% and NPM increased 731 Bps YOY to end the quarter with NPM at 18.09%. All of the above are NON-GAAP numbers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/07766c05dc0d46a9660c290084da2442\" tg-width=\"640\" tg-height=\"209\"><span>Source: Micron FQ-2 Investor Presentation</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9d3f14c1b13fc41c6c44c29f8a947fb\" tg-width=\"451\" tg-height=\"145\"><span>Source: Seeking Alpha</span></p>\n<p>Management also has a history of beating estimates with 8 beats in the last 2 years, effectively delivering a 100% probability that it will beat its own guidance moving forward, although not a guarantee as with anything else in business and life. Yet, forward guidance for FQ-3 is expecting a 30% improvement in Revenues YOY and GM to further rise to 41.5%, compared to the 33.17% they did last year and 32.93% just last quarter. As for DEPS estimates, the $1.62 estimate given by management implies a remarkable 98% YOY increase. Analyst consensus estimates come in even higher than that for the upcoming FQ-3 earnings to be reported on&nbsp;6/30/21 (estimated), with analysts expecting EPS to be $1.68, indicative of a 105% change to the upside.</p>\n<p>As mentioned above, in a memory chip 'bull' cycle, pricing power comes into play and the higher prices usually tend to translate into stock outperformance driven by improvements in EBTIDA. Last I checked 1 -2 months ago, EBITDA EST for FY 21 stood around $9 BN and FY 22 EST was $16 BN. As of 26 May 21, those numbers have increased substantially to $12,772 for FY 21 and $20,228 for FY 22. Today, EST have improved yet again in the last 5 days to $12,801 for FY 21 and $20,551 for FY 22. For context, these new EST represent a 48% and 61% YOY improvement.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe3bd33eeed49eebb87776a32f152e41\" tg-width=\"640\" tg-height=\"137\"><span>Source: Tikr</span></p>\n<p>Next, we'll examine cashflow. This is paramount in a high volatility time period like today, plagued with inflation concerns, widening federal deficits, and an ever-increasing Fed balance sheet. When inflation is rampant or at least fears of it are, high growth stocks and tech stocks tend to get crushed as the market rushes to reset the absurd valuation multiples justified last year with QE and money printing running at full steam. Since the US10Y (Interest rates) affects the DCF models, valuations for certain companies will be revised downwards with less upside, with the exception of high cashflow companies. Thus, cashflow generating firms are all the more important and likely to be favored moving forward, and yet again Micron is one of them.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/14d722c6a10e22e26e12a82be0a69481\" tg-width=\"640\" tg-height=\"125\"><span>Source: Tikr</span></p>\n<p>Although Cashflow from Operations have been steadily decreasing since 2018 where it reached a high of $17,400, I mentioned above that 2018 represented the peak of the bull cycle then where firms were chasing higher margins. 2019 - 2020 then represented the slowdown phase brought about by the surplus and after hitting a 3-year low of $8,306 in Cashflow from Operations in FY 20 that ended last August, Micron is likely ready to see substantial improvements moving forward, and EST do paint a similar picture.</p>\n<p>Analysts are expecting Cashflow from Operations to improve 49% YOY in FY 21 and a further 45% in FY 22. If that were to happen, that would bring cashflow close to $18 BN, which would be a record level cashflow generated from Operations for the firm. This also trickles down to FCF EST which represents the capital left for distribution after expenses related to operations have been taken care of and non-cash expenses have been reconciled.</p>\n<p>FCF EST come in at an outstanding $3,344 for FY 21 and is further expected to skyrocket to $8,148 in FY 21, from a meagre $83M last year. This pace of growth points to a close to 4000% YOY increase in FY 21 and a further 144% increase compounded on FY 21 numbers next year.</p>\n<p>Currently, Micron trades at an EV of around $93 BN. That represents a FCF Yield of 3.60% based on this year's EST, and an impressive 11.4% based on next year's numbers. With that, it is clear that Micron's future earnings and cashflow will serve them well in a macro environment riddled with inflation fears. This massive boost to FCF may just give them the capital they need to seal the deal with Kioxia.</p>\n<p><b>Risks</b></p>\n<p>No matter how sound an investment may be, every one of them carries risk, and so does choosing to invest in Micron. I know the article has been long thus far so I will try to keep it short to avoid boring my 1st time readers.</p>\n<p>With the high BTE's that are inherently present in the DRAM and NAND markets brought about by the large economies of scale and sheer market share the dominant 3 possess, it is hard for competitors to enter the market. Nonetheless, there have been a few attempts by Chinese companies to penetrate the market and steal market share.</p>\n<p>Government subsidies as part of the \"Made in China 2025\" plan has helped propel Chinese firms to pose a threat in the DRAM and NAND markets. Fujian Jinhua (JHICC) is one of them. As a Chinese state-owned DRAM manufacturer based in China, the firm is competing with Micron in the DRAM market as part of China's desire to gain self-sufficiency in the semiconductor industry. This is understandable given that they are the largest consumers of DRAM in the Asian-Pacific market. However, Fujian is currently facing&nbsp;prosecution&nbsp;for allegedly stealing Micron's trade secrets and proprietary information. With such bad press and a bad reputation just 4 years after being founded, it is unlikely this firm will make it far enough to compete with the likes of Micron.</p>\n<p>Changing industry tailwinds may also prove to be a headwind in the case that demand growth for DRAM and NAND devices slowdown. Increased CAPEX spending by Samsung and SK Hynix or the addition of new capacity could also severely impact Micron's competitive position in the market and an all-out race to buildout and ramp up capacity to capture more sales may eventually culminate in the loss of pricing power and compressed margins once again. However, given the number of upcoming industries where more advanced technologies demand more memory to store data, this probability is small in the near term at the very least.</p>\n<p>Other potential risks may include further unexpected impacts to Micron's power plants such as&nbsp;outages and floods&nbsp;similar to what happened in Taiwan last year.</p>\n<p><b>Valuation</b></p>\n<p>Finally, I will cover the valuations behind my upside optimism with Micron. The memory market has historically tended to trade based on the EV / EBITDA multiple. Because of this, I will use this as my prime valuation method but also use Forward PE's as secondary confirmation. The chart below represents the EV / EBITDA ratios that the dominant 3 have traded at since 2016.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00bc87a283f9420f33b1c7c52ad2f344\" tg-width=\"640\" tg-height=\"384\"><span>A005930 refers to Samsung and A000660 refers to SK Hynix</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb98c272aeec7c9aefdab00d22955f64\" tg-width=\"611\" tg-height=\"367\"><span>Source: Author's Compilations</span></p>\n<p>We can see that Micron has been trading at a Mean EV / EBITDA multiple of 5.49 since 2016 and is trading at 9.64 levels as of last. For a conservative estimate, I will assume a ratio of 8, which is above the industry average of 7.49 in the current environment we are in today but below levels Micron is currently trading at. For context, the firm has always traded above its peers during the bull commodity cycle in 2010, 2014, and 2018 as seen in the chart below. It is important to note that since markets are future discounting mechanisms, they price in future margin expansions and pricing power. As a result, the dominant 3 usually trade at the higher multiples 1 year before the peak of the cycle.</p>\n<p><img src=\"https://static.tigerbbs.com/c4effc3d3acfdad8726c391bb0872880\" tg-width=\"640\" tg-height=\"229\"></p>\n<p>Keeping in mind that Micron has traded at multiples of 29 in 2009, 12 in 2014 and 10 in the previous cycle, 8 would be a fair multiple to assume. EBITDA EST for FY 22 next year stand at $20,551.32 as seen in the picture displayed earlier on. That would imply an EV of $164,410.56 in 22, an upside of 77% based on today's EV of $93 BN. If so, that should carry the stock forward to levels of $148 USD by next year.</p>\n<p>If I were to assume a slightly aggressive and bullish multiple of 9 which is still below the peak of the prior cycle keeping in mind the law of diminishing returns, that would imply an upside of 99%, placing a price target of $167 USD for Micron.</p>\n<p>Since I'm a long-term investor and a conservative one, I'll stick with the $148 PT while my readers can keep the $167 potential price target in mind. I'm kidding, let's use the $148 PT which still offers a remarkable return relative to the S&amp;P 500.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e6626b3363e839c178999a3d2b48940\" tg-width=\"640\" tg-height=\"46\"><span>Source: Tikr</span></p>\n<p>The current estimates for Micron's future EPS are 5.56 for FY 21 and 10.93 for FY 22. Since we looked at FY 22 for the above valuation method, we shall maintain the same timeframe. Looking to the&nbsp;semiconductor industry, companies are trading at an average TTM P/E of 33.11 based on data from Q1.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea91b1b8e3f714b2441d27be59a6c538\" tg-width=\"640\" tg-height=\"64\"><span>Source: CSI Market</span></p>\n<p>Micron is currently trading at a forward P/E FY 21 of 15.15 and a 7.7 based on FY 22 numbers. Assuming a fair multiple of 12, which is still below the high estimates of 15, that would give us a forward PT of $131.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c6db0e4e02a94b2ed6ad9df84767cc9\" tg-width=\"640\" tg-height=\"110\"><span>Source: Seeking Alpha</span></p>\n<p><b>Final Takeaways</b></p>\n<p>Based on conservative estimates, the 2 valuation methods displayed above give us a PT for Micron of $131 based on the Forward P/E method and $148 if we were to use EV / EBITDA multiples. This represents a 56-77% upside potential.</p>\n<p>In this article we covered business model, market share, industry tailwinds with a heavy focus on TAMs, liquidity strength through current ratios, cashflow, risks, and of course valuations, all of which points to high probability of a bullish future for Micron Technology.</p>\n<p>I have noticed that there has been some&nbsp;concerns&nbsp;regarding price action lately and how the stock seems to be having trouble finding its footing given the pretty obvious bullish thesis, and they are valid in my opinion. For bearish near-term fundamentals, the above linked article would be a nice short read.</p>\n<p>I personally am a long-term investor and don't place much focus on the technicals and this helps keep me grounded. There may be a very good chance that Micron will continue to trend downwards before finding support and consolidate for its next leg up. As mentioned above, the stock seems to outperform 1 year before the peak of the memory cycle whenever that may be. Hence, the memory market is to be watched closely and investors must understand how changes in the dynamics of the market regarding production &amp; CAPEX levels can shift the tide quickly.</p>\n<p>As a result, I don't see Micron to be a buy and hold forever as share price performance falls very much in line with its own commodity cycle, EBITDA, and Margin performance, which will eventually come to an end when surplus hits the deck. Yet, for the next 1-2 years, Micron remains to be one of the best plays on the current global chip shortage. If Micron continues to trend downwards in the near term, so be it, but fundamentals always catch up and based on future estimates, there's likely only one way for the share price moving forward and that isn't down.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Micron: A Strong Chip Shortage Play</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicron: A Strong Chip Shortage Play\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4433177-micron-a-strong-chip-shortage-play><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nMicron's four business units have sizable TAMs.\nBoth the DRAM and NAND industries have favourable outlooks.\nIndustry tailwinds point to pricing power and expanding margins.\nThe strong ...</p>\n\n<a href=\"https://seekingalpha.com/article/4433177-micron-a-strong-chip-shortage-play\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4433177-micron-a-strong-chip-shortage-play","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102972710","content_text":"Summary\n\nMicron's four business units have sizable TAMs.\nBoth the DRAM and NAND industries have favourable outlooks.\nIndustry tailwinds point to pricing power and expanding margins.\nThe strong financials of the company will serve them well in the current high-volatility environment.\n\nPhoto by vchal/iStock via Getty Images\nMicron Technology(NASDAQ:MU) is a severely undervalued semiconductor play with significant upside based upon conservative estimates, strong fundamentals, and favorable industry tailwinds. The current semiconductor shortage worldwide has put pressure upon semiconductor companies as they rush to ramp up production after an intentional slowdown and supply disruption amidst the pandemic. Forecasts and estimates regarding how fast demand was to bounce back came in entirely too conservative, and as a result the unprecedented surge in demand with a lagging supply has buyers of semiconductor chips such as auto manufacturers forced to slash production.\nSemiconductors of all kinds are the fundamental basic unit and brains of products ranging from audio devices, security cameras, automobiles, to even smart fridges. When it comes to a global shortage in a time as such, companies that are 'fabless' lose out and those that have their own manufacturing facilities and plants gain the upper hand as flexibility and production output remains in their ballpark. Today we examine how Micron is one of them, and despite its remarkable run up 54% since the start of 2020, there is considerable upside remaining given the size of the different total addressable markets(NYSE:TAM)that Micron is targeting.\nBusiness Model\nMicron is one of the top 3 memory chip makers in the world with a product portfolio featuring DRAM, NAND, NOR, and even 3D XPoint SSDs that they have since ceased production.Management guided that the decision comes amidst the findings that:\n\n There was insufficient market validation to justify the ongoing investments required to commercialize 3D XPoint at scale.\n\nAs promising as the 3D XPoint developments that Micron had that first started as a joint partnership with Intel in 2015 before parting ways in 2018 was, the impact moving forward will be minimal given that revenue from selling DRAM and NAND chips still accounts for the majority of Micron's Revenue, and 3D XPoint SSDs had yet to scale up.\nDRAM and NAND\nDRAM (Dynamic Random-Access Memory) devices are essentially a type of low latency memory product commonly used in PCs, servers, smartphones, and automobiles.\nIt is 'volatile' as content will be lost if the power supply is turned off. As such, DRAM devices store information that needs to be quickly accessed by the CPU / GPU. CPUs provide the raw computational power needed to run software programs and RAMs store the data and software code needed by the CPU to run in real-time.\nThe DRAM market operates as an oligopolistic one, with the 3 biggest competitors, Samsung (OTC:SSNLF), SK Hynix (OTC:HXSCL), and Micron dominating 94.1% of the market share. Samsung leads with 42% as of the latest fiscal quarter, SK Hynix second with 29% and Micron close behind with 23.1% of the market share.Amongst the 3, Micron is the only one operating in the U.S with Samsung & SK Hynix based in South Korea. This geographical advantage has come to serve Micron well in the automobile memory market as I will proceed to prove later, although it can be argued that this very same factor has placed the 2 Korean companies in a better position to service the largest consumer of DRAMs by region - China. In 2019, China accounted for 55.42% of global DRAM consumption by region.\nSource: Statista Global DRAM Market Share\nAs of the latest fiscal quarter 21, DRAM sales represented 71.26% of the company's total revenue. Although there may be the risk of concentration with a substantial portion of sales coming from 1 of the 3 main product offerings, DRAM chips have always represented the majority of the firm's sales. With favorable industry tailwinds, positive outlook regarding overall DRAM market dynamics, pricing power, and very likely higher margins as a result, this concentration of sales will likely also prove to be more of a boon than a bane for Micron in the current economic environment that we are in today.\nHistorically, Micron has also retained a firm hold of their share in the DRAM market and has made an effort to gradually increase it overtime since CY 2016. The inherently high BTE and economies of scale in an oligopolistic market coupled with necessary high CAPEX spending serves to grant the dominant 3 a firm hold in the DRAM market for years to come. The chart below shows Micron holding a steady 20 - 23% market share since CY 15, testament to their persistent presence as a top 3 market player.\nSource: Author's Compilations\nTAM: As DRAM products represent a majority of Micron's sales, it is imperative that the market they are operating in has a bright future and is on track to grow.According to MarketWatch,the global DRAM market revenue was valued at $62.1 BN in 2020 and is expected to grow to $91.1 BN by the end of 2026, representing a CAGR of 8%. With a sizable TAM in their leading product offering, the company should reap in the rewards of a growing market in terms of future revenue. As DRAM products also bring in higher margins at the end of the day based on CNBU and MBU (explained below) Operating Margins, this acts as a further catalyst for Micron.\nMicron also offers NAND products and though it represents a smaller chunk of Total Revenue relative to DRAMs, it still accounted for a meaningful 26.46% as of Q2 FY 21. NAND chips are used for the storage of information. Slower than DRAMs for accessing memory quickly, they are 'non-volatile' as the content can still be accessed should the power supply be cut off. These are commonly found in hard drives, smartphones and data centers.\nLikewise, the dominant 3 in the DRAM market also represent a significant portion of the NAND market albeit having more competitors. In the NAND flash market, Micron ranks 5th worldwide, behind the same industry leader - Samsung. As of Q1 21, Samsung dominated with 33.5% market share, Kioxia 18.7%, Western Digital (WDC) 14.4%, SK Hynix 12.3%, and Micron with 11.1%. However, in a market very similar to that of DRAM, acquisitions by the big power players can be expected to further solidify their presence and chew out competitors. As it is, SK Hynix has announced plans to acquire Intel's NAND Storage Unit (INTC), which represented a 7.5% market share in the NAND market beginning this year. Moving forward, this move is likely to bump the Korean company up to 2nd place with about 20% of the market, overtaking Kioxia. It is important to note however that this acquisition does not include Intel's Optane 3D XPoint portfolio that Intel will be retaining.\nSource: Statista Global NAND Flash Market Share\nDespite having more competition and less pricing power in this market, there too have been rumors that Micron is looking to make a move on Kioxia in a similar bid for $30 BN to enhance the competitiveness in its storage solutions in a rapidly growing NAND flash space. Western Digital also stands as a potential opposing bidder with both firms having merits as to why they should be the ideal one to acquire Kioxia. As of now, leverage seems to be in the hands of Micron as a firm with much more operating cashflow and a better balance sheet.\nSource: Author's Compilations\nSource: Author's Compilations\nThe $30 BN that Kioxia has been rumored to be valued at represents more than the entire Market Cap & EV of Western Digital. Besides, the firm already has more Total Debt relative to Micron, lower Operating Cashflows, and has a lower LTM Current Ratio of 2.01 compared to the 3.18 that Micron has that speaks directly to MU's near term liquidity strength. Surface level financial analysis goes to show that this would be a deal likely to go to Micron despite WDC having a joint venture with Kioxia. Furthermore, Micron has a rather long history of acquisitions having acquired Numonyx, a NOR manufacturer in 2010, Elpida Memory & Rexchip Electronics in 2013, Tidal Systems, Convey Computer, and Pico Computing in 2015, Inotera Memories in 2016… the list goes on. As you can see, Micron is quite the decorated acquiring firm.\nIf successful, Micron's NAND dominance has the potential to leap from its 5th placing, 11.1% of the market share to 29.8%, placing them as the 2nd biggest player, just 370 Bps below that of Samsung, and this is after accounting for SK Hynix's recent acquisition of Intel's NAND operations.\nMore Conviction\nFor more conviction in our thesis, we can look to the performance and different TAMs in Micron's business units breakdown.\nSource: Micron's Q2 Investor Presentation\nAs of FQ-2 21, CNBUs (Compute & Networking Business Unit) as always represented the largest portion of the firm's sales, taking up 42% of TR. This unit consists of memory products like DRAM & NAND sold to client, cloud servers, graphics, enterprise and networking markets as defined by the 10-Q.The 34% YOY improvement is promising but the really exciting growth came from MBUs and remains to be seen in EBUs.\nMBUs (Mobile Business Unit) represent the 2nd biggest revenue segment for Micron, accounting for 29% of TR, up an impressive 44% YOY. MBUs are memory and storage products for mobile devices, most notably smartphones. According to Mordor Intelligence,the global smartphone market will be valued at more than a trillion dollars by 2026, up from the $715 BN in 2020, a CAGR of 11.6%. Although therein lies the risk that the smartphone replacement cycle has been lengthening, the gradual shift to 5G overtime will force smartphone users to have to upgrade to a 5G capable one that can operate on the same frequency. Doing so will mean more DRAM and NAND content per unit that Micron will stand to benefit from.\nHowever, what's being left out by many is Micron's dominant position in the memory market for automobiles and the sizable TAM in this space moving forward. EBUs (Embedded Business Unit) represent the 2nd smallest revenue segment (15% of TR) of the 4 that Micron has. This essentially refers to embedded memory and storage chips sold to automotive, industrial, and consumer markets. Despite not being the main cash cow for Micron, EBUs still saw remarkable growth of 34% YOY in FQ-2. Micron may have been 3rd in the overall DRAM space and 5th in the overall NAND space, but they are the only memory chip provider with a substantial close to 50% market share in the space, according to Trendforce, a world leading market intelligence provider.\nSource: Micron's Automotive Division\nThis is where the geographical advantage for Micron comes into play. Micron effectively leverages their collaborative relationships with Tier-1 automobile suppliers based in Europe and the U.S to service them their comprehensive product portfolio of automotive memory solutions ranging from DDR2 - DDR 4 solutions to LPDDR 2 -5 solutions.The pure growth in this space can be seen from the fact that the average DRAM content of cars will continue to grow at a CAGR of more than 30% from 2021 - 2024.That is by far the biggest growth sector in any of Micron's Business Units moving forward and Micron's 30 years of leadership in the automobile memory space with no dominant position from Samsung or SK Hynix will come to serve them well in an era where we transition to EVs & AVs.\nAs it is, Tesla has already shown that new electric vehicles will be needing a lot more DRAM content and this trend will continue to play out as the world demands more cars with more technological capabilities. In its earlier Model S & X, Tesla reached at least 8GB of DRAM content within the vehicles. The newer Model 3, however, is further equipped with 14GB of DRAM content and the next generation of Tesla Models will have even more at 20GB.\nThe growing automobile memory space where Micron has maintained its underdog 30-year leadership will come to serve them well in the future as we transition to more sustainable and green versions of automobiles that demand more memory as well. Just remember that the more software a device has, the more memory is needed. Hence, we should be able to see positive growth in the EBU segment moving forward. However, one thing to note is that the EBU segment consists of sales to other industries that may be lagging and as a whole, the Operating Margins(NASDAQ:OM)from this segment of 15% stands pale in comparison to the OM in the CNBU segment of 26.9% and 25.6% in MBUs.\nIndustry Tailwinds\nMoving on to the industry outlook, Micron operates in a somewhat commoditized sector which experiences the extreme booms and busts of the demand cycle for PCs and Servers. Despite being a rather cyclical stock where the stock price is commanded largely by the DD and SS of computer chips and production capacity in general, it appears as if we are at the lows of the cycle and Micron remains to be one of the better plays for the ongoing global chip shortage as we begin the next leg up.\nFor a brief explanation on how the memory chip market moves overtime, let me take a stab at it. In essence, the overall supply of memory chips - most of which is produced by the dominant 3 - relative to demand, dictates the prices of chips, and therefore affects the financials of companies.\nWhen the memory market is in a 'bull' cycle as it was in 2010, 2014, 2018, and forecasted DD is set to outpace production capacities by firms, it results in a near-term shortage where the dominant market players (MU included) have the power to raise prices and maximize revenues. As COGS remain relatively constant regardless of the commodity cycle, this eventually translates to higher Gross Margins(NYSE:GM)for firms, a higher EBITDA which coincides nicely with stock price outperformance, and likely a higher bottom line. Although market players tend to agree on CAPEX spending and limit production capacities as a hedge from overproduction, firms blinded by the profits and higher margins tend to chase 'gains' and make the most of the cycle by capturing as much market share as possible.\nWhen firms do that and start to ramp up capacity with no regard for agreed limitations on production capacity and CAPEX spend, overproduction usually ensues that overwhelms the already inflated DD that is now dwindling, resulting in a surplus which brings just about the opposite consequence. Firms then lose pricing power and experience compressing margins in the years to follow, before the slowdown in capacity because of this very surplus eventually dips below future forecasted DD, thereby kickstarting the next leg up because of a shortage.\nLooking to history, when Micron has enjoyed higher EBITDA during those bull commodity cycles when there is a shortage in the industry, the stock price tends to outperform as well, in line with the higher pricing power and margins the firm experiences.\nSource: Author's Compilations\n2018 represented the peak in the previous memory market commodity cycle where the dominant industry players overbuilt capacity chasing margins, and as a result experienced the surplus and its consequences since. Because EBITDA has been falling since 2018 and GM, OM, and NPM have all cumulatively been decreasing YOY, so has the stock price. However, we are now facing another shortage in the DRAM market as production has slowed since the resulting slowdown in 2018. This coupled with an unprecedented surge in demand for chips, fueled by the emerging hyper-growth industries brought forward by the pandemic sets the stage for Micron's potential rally up. With a transition to 5G, Electric and Autonomous Vehicles, Artificial Intelligence, IOTs, Cloud Computing, Cobotic Manufacturing and Healthcare Telemedicine, the convergence of these advanced technologies mean more demand for advanced memory solutions, and Micron stands to win from it all.\nSource: Micron FQ-2 Investor Presentation\nThe industry outlook only serves to confirm the shifting tides in the memory market, with the DRAM market facing a severe shortage and optimistic long-term demand growth at a CAGR around 15-19%. A shortage may not seem like good news, but for a dominant market player like Micron that can raise prices and aren't reliant on outsourced production, it is. For further confirmation we can look to the upwardly revised estimates regarding the rise in DRAM prices in Q1 and Q2 of 2021 by Trendforce:\n\n Trendforce predicts that DRAM prices will rise 13-18% in the second quarter of 2021 & they already rose 3-8% in the first quarter of 2021.\n\nCall it inflation, call it whatever you want, but what I do know is that the higher prices in the DRAM market that has since manifested itself and has been forecasted to rise even higher will translate to higher profits for Micron. Market players are likely to make the most of this shortage as demand will not taper off given the fundamental need for memory chips against the backdrop of an era where advanced technologies are so rampant. Analysts too are forecasting improved revenues and earnings seen from the number of upward revisions and none downward in the last 3 months.\nSource: Seeking Alpha\nIn the NAND market, although production output has been forecasted to be oversupplied due to increasing shipments, CY 21 demand is still expected to be around 30 - 35% and CAPEX cuts are likely to be implemented.\nFinancials\nQ1 Revenue delivered 12% growth YOY, GM a 359 Bps improvement to 30.90% and NPM a 488 Bps growth YOY to a healthy 15.54%. Q2 delivered even better numbers, with Revenues coming in at $6.2 BN despite management guidance of $5.8 BN. GM further improved to 32.93% and NPM increased 731 Bps YOY to end the quarter with NPM at 18.09%. All of the above are NON-GAAP numbers.\nSource: Micron FQ-2 Investor Presentation\nSource: Seeking Alpha\nManagement also has a history of beating estimates with 8 beats in the last 2 years, effectively delivering a 100% probability that it will beat its own guidance moving forward, although not a guarantee as with anything else in business and life. Yet, forward guidance for FQ-3 is expecting a 30% improvement in Revenues YOY and GM to further rise to 41.5%, compared to the 33.17% they did last year and 32.93% just last quarter. As for DEPS estimates, the $1.62 estimate given by management implies a remarkable 98% YOY increase. Analyst consensus estimates come in even higher than that for the upcoming FQ-3 earnings to be reported on 6/30/21 (estimated), with analysts expecting EPS to be $1.68, indicative of a 105% change to the upside.\nAs mentioned above, in a memory chip 'bull' cycle, pricing power comes into play and the higher prices usually tend to translate into stock outperformance driven by improvements in EBTIDA. Last I checked 1 -2 months ago, EBITDA EST for FY 21 stood around $9 BN and FY 22 EST was $16 BN. As of 26 May 21, those numbers have increased substantially to $12,772 for FY 21 and $20,228 for FY 22. Today, EST have improved yet again in the last 5 days to $12,801 for FY 21 and $20,551 for FY 22. For context, these new EST represent a 48% and 61% YOY improvement.\nSource: Tikr\nNext, we'll examine cashflow. This is paramount in a high volatility time period like today, plagued with inflation concerns, widening federal deficits, and an ever-increasing Fed balance sheet. When inflation is rampant or at least fears of it are, high growth stocks and tech stocks tend to get crushed as the market rushes to reset the absurd valuation multiples justified last year with QE and money printing running at full steam. Since the US10Y (Interest rates) affects the DCF models, valuations for certain companies will be revised downwards with less upside, with the exception of high cashflow companies. Thus, cashflow generating firms are all the more important and likely to be favored moving forward, and yet again Micron is one of them.\nSource: Tikr\nAlthough Cashflow from Operations have been steadily decreasing since 2018 where it reached a high of $17,400, I mentioned above that 2018 represented the peak of the bull cycle then where firms were chasing higher margins. 2019 - 2020 then represented the slowdown phase brought about by the surplus and after hitting a 3-year low of $8,306 in Cashflow from Operations in FY 20 that ended last August, Micron is likely ready to see substantial improvements moving forward, and EST do paint a similar picture.\nAnalysts are expecting Cashflow from Operations to improve 49% YOY in FY 21 and a further 45% in FY 22. If that were to happen, that would bring cashflow close to $18 BN, which would be a record level cashflow generated from Operations for the firm. This also trickles down to FCF EST which represents the capital left for distribution after expenses related to operations have been taken care of and non-cash expenses have been reconciled.\nFCF EST come in at an outstanding $3,344 for FY 21 and is further expected to skyrocket to $8,148 in FY 21, from a meagre $83M last year. This pace of growth points to a close to 4000% YOY increase in FY 21 and a further 144% increase compounded on FY 21 numbers next year.\nCurrently, Micron trades at an EV of around $93 BN. That represents a FCF Yield of 3.60% based on this year's EST, and an impressive 11.4% based on next year's numbers. With that, it is clear that Micron's future earnings and cashflow will serve them well in a macro environment riddled with inflation fears. This massive boost to FCF may just give them the capital they need to seal the deal with Kioxia.\nRisks\nNo matter how sound an investment may be, every one of them carries risk, and so does choosing to invest in Micron. I know the article has been long thus far so I will try to keep it short to avoid boring my 1st time readers.\nWith the high BTE's that are inherently present in the DRAM and NAND markets brought about by the large economies of scale and sheer market share the dominant 3 possess, it is hard for competitors to enter the market. Nonetheless, there have been a few attempts by Chinese companies to penetrate the market and steal market share.\nGovernment subsidies as part of the \"Made in China 2025\" plan has helped propel Chinese firms to pose a threat in the DRAM and NAND markets. Fujian Jinhua (JHICC) is one of them. As a Chinese state-owned DRAM manufacturer based in China, the firm is competing with Micron in the DRAM market as part of China's desire to gain self-sufficiency in the semiconductor industry. This is understandable given that they are the largest consumers of DRAM in the Asian-Pacific market. However, Fujian is currently facing prosecution for allegedly stealing Micron's trade secrets and proprietary information. With such bad press and a bad reputation just 4 years after being founded, it is unlikely this firm will make it far enough to compete with the likes of Micron.\nChanging industry tailwinds may also prove to be a headwind in the case that demand growth for DRAM and NAND devices slowdown. Increased CAPEX spending by Samsung and SK Hynix or the addition of new capacity could also severely impact Micron's competitive position in the market and an all-out race to buildout and ramp up capacity to capture more sales may eventually culminate in the loss of pricing power and compressed margins once again. However, given the number of upcoming industries where more advanced technologies demand more memory to store data, this probability is small in the near term at the very least.\nOther potential risks may include further unexpected impacts to Micron's power plants such as outages and floods similar to what happened in Taiwan last year.\nValuation\nFinally, I will cover the valuations behind my upside optimism with Micron. The memory market has historically tended to trade based on the EV / EBITDA multiple. Because of this, I will use this as my prime valuation method but also use Forward PE's as secondary confirmation. The chart below represents the EV / EBITDA ratios that the dominant 3 have traded at since 2016.\nA005930 refers to Samsung and A000660 refers to SK Hynix\nSource: Author's Compilations\nWe can see that Micron has been trading at a Mean EV / EBITDA multiple of 5.49 since 2016 and is trading at 9.64 levels as of last. For a conservative estimate, I will assume a ratio of 8, which is above the industry average of 7.49 in the current environment we are in today but below levels Micron is currently trading at. For context, the firm has always traded above its peers during the bull commodity cycle in 2010, 2014, and 2018 as seen in the chart below. It is important to note that since markets are future discounting mechanisms, they price in future margin expansions and pricing power. As a result, the dominant 3 usually trade at the higher multiples 1 year before the peak of the cycle.\n\nKeeping in mind that Micron has traded at multiples of 29 in 2009, 12 in 2014 and 10 in the previous cycle, 8 would be a fair multiple to assume. EBITDA EST for FY 22 next year stand at $20,551.32 as seen in the picture displayed earlier on. That would imply an EV of $164,410.56 in 22, an upside of 77% based on today's EV of $93 BN. If so, that should carry the stock forward to levels of $148 USD by next year.\nIf I were to assume a slightly aggressive and bullish multiple of 9 which is still below the peak of the prior cycle keeping in mind the law of diminishing returns, that would imply an upside of 99%, placing a price target of $167 USD for Micron.\nSince I'm a long-term investor and a conservative one, I'll stick with the $148 PT while my readers can keep the $167 potential price target in mind. I'm kidding, let's use the $148 PT which still offers a remarkable return relative to the S&P 500.\nSource: Tikr\nThe current estimates for Micron's future EPS are 5.56 for FY 21 and 10.93 for FY 22. Since we looked at FY 22 for the above valuation method, we shall maintain the same timeframe. Looking to the semiconductor industry, companies are trading at an average TTM P/E of 33.11 based on data from Q1.\nSource: CSI Market\nMicron is currently trading at a forward P/E FY 21 of 15.15 and a 7.7 based on FY 22 numbers. Assuming a fair multiple of 12, which is still below the high estimates of 15, that would give us a forward PT of $131.\nSource: Seeking Alpha\nFinal Takeaways\nBased on conservative estimates, the 2 valuation methods displayed above give us a PT for Micron of $131 based on the Forward P/E method and $148 if we were to use EV / EBITDA multiples. This represents a 56-77% upside potential.\nIn this article we covered business model, market share, industry tailwinds with a heavy focus on TAMs, liquidity strength through current ratios, cashflow, risks, and of course valuations, all of which points to high probability of a bullish future for Micron Technology.\nI have noticed that there has been some concerns regarding price action lately and how the stock seems to be having trouble finding its footing given the pretty obvious bullish thesis, and they are valid in my opinion. For bearish near-term fundamentals, the above linked article would be a nice short read.\nI personally am a long-term investor and don't place much focus on the technicals and this helps keep me grounded. There may be a very good chance that Micron will continue to trend downwards before finding support and consolidate for its next leg up. As mentioned above, the stock seems to outperform 1 year before the peak of the memory cycle whenever that may be. Hence, the memory market is to be watched closely and investors must understand how changes in the dynamics of the market regarding production & CAPEX levels can shift the tide quickly.\nAs a result, I don't see Micron to be a buy and hold forever as share price performance falls very much in line with its own commodity cycle, EBITDA, and Margin performance, which will eventually come to an end when surplus hits the deck. Yet, for the next 1-2 years, Micron remains to be one of the best plays on the current global chip shortage. If Micron continues to trend downwards in the near term, so be it, but fundamentals always catch up and based on future estimates, there's likely only one way for the share price moving forward and that isn't down.","news_type":1,"symbols_score_info":{"MU":0.9}},"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340462302,"gmtCreate":1617455401606,"gmtModify":1704699818893,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C09.SI\">$CITY DEVELOPMENTS LIMITED(C09.SI)$</a>wonderful","listText":"<a href=\"https://laohu8.com/S/C09.SI\">$CITY DEVELOPMENTS LIMITED(C09.SI)$</a>wonderful","text":"$CITY DEVELOPMENTS LIMITED(C09.SI)$wonderful","images":[{"img":"https://static.tigerbbs.com/a931fb352cc565ea951c96813b57c02f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340462302","isVote":1,"tweetType":1,"viewCount":581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":327504507,"gmtCreate":1616107049509,"gmtModify":1704790967065,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/M14.SI\">$INNOTEK LIMITED(M14.SI)$</a>steadily increasing&nbsp;","listText":"<a href=\"https://laohu8.com/S/M14.SI\">$INNOTEK LIMITED(M14.SI)$</a>steadily increasing&nbsp;","text":"$INNOTEK LIMITED(M14.SI)$steadily increasing","images":[{"img":"https://static.tigerbbs.com/be290fa297a42d13ebcb7db7f991aabc","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/327504507","isVote":1,"tweetType":1,"viewCount":571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":385194858,"gmtCreate":1613520578974,"gmtModify":1704881513913,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TCU.SI\">$Credit Bureau Asia(TCU.SI)$</a>this counter doesn't seems to be performing as expected. Shall wait and see.&nbsp;","listText":"<a href=\"https://laohu8.com/S/TCU.SI\">$Credit Bureau Asia(TCU.SI)$</a>this counter doesn't seems to be performing as expected. Shall wait and see.&nbsp;","text":"$Credit Bureau Asia(TCU.SI)$this counter doesn't seems to be performing as expected. Shall wait and see.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/385194858","isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3561961990362658","authorId":"3561961990362658","name":"allydream","avatar":"https://static.tigerbbs.com/94ab102fc374c1e195bef4c15fbe35cb","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3561961990362658","idStr":"3561961990362658"},"content":"why say so? supposed to go higher?","text":"why say so? supposed to go higher?","html":"why say so? supposed to go higher?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178038053,"gmtCreate":1626770872972,"gmtModify":1703764874476,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/178038053","repostId":"2152273659","repostType":4,"isVote":1,"tweetType":1,"viewCount":2934,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159986157,"gmtCreate":1624936006879,"gmtModify":1703848346058,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Yeah","listText":"Yeah","text":"Yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159986157","repostId":"1186859089","repostType":4,"isVote":1,"tweetType":1,"viewCount":1864,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128054590,"gmtCreate":1624496223510,"gmtModify":1703838309960,"author":{"id":"3574420135746939","authorId":"3574420135746939","name":"NatLim","avatar":"https://static.tigerbbs.com/78fa81048bb1569eea075d34b92b47ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574420135746939","idStr":"3574420135746939"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128054590","repostId":"1118786565","repostType":4,"isVote":1,"tweetType":1,"viewCount":2369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}