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2023-09-09

£,,7,,d4,,,

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2022-01-10

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2022-01-06

Omg

WSB Stocks Tumbled in Morning Trading, with Micovision Slipping Nearly 12% and AMC Slipping Over 6%

2021-03-26

Tiger is running up!

UP Fintech Holding Limited Posts 136% Revenue Growth in 2020

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released minutes from its December meeting. While officials had already announced a tapering of bond purchases and expectations for several rate hikes this year, the minutes revealed the possibility for even more aggressive moves. Several officials thought the Fed could shrink its balance sheet of Treasuries and mortgage-backed assets, which it has been buying for some time to nurse the economy back to health. Tapering asset purchases merely suggested the Fed would be buying fewer securities but would still be purchasing. Letting the balance sheet shrink would be an indicator of even tighter financial conditions than that.</p></body></html>","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>WSB Stocks Tumbled in Morning Trading, with Micovision Slipping Nearly 12% and AMC Slipping Over 6%</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\">\nWSB Stocks Tumbled in Morning Trading, with Micovision Slipping Nearly 12% and AMC Slipping Over 6%\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\">2022-01-06 23:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WSB Stocks Tumbled in Morning Trading, with Micovision Slipping Nearly 12% and AMC Slipping Over 6%.<img src=\"https://static.tigerbbs.com/c60f40de514ea1491fcc1b628923f44f\" tg-width=\"282\" tg-height=\"435\" referrerpolicy=\"no-referrer\"/>On Wednesday, the Federal Reserve released minutes from its December meeting. While officials had already announced a tapering of bond purchases and expectations for several rate hikes this year, the minutes revealed the possibility for even more aggressive moves. Several officials thought the Fed could shrink its balance sheet of Treasuries and mortgage-backed assets, which it has been buying for some time to nurse the economy back to health. Tapering asset purchases merely suggested the Fed would be buying fewer securities but would still be purchasing. Letting the balance sheet shrink would be an indicator of even tighter financial conditions than that.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MVIS":"维视图像","AMC":"AMC院线"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166118266","content_text":"WSB Stocks Tumbled in Morning Trading, with Micovision Slipping Nearly 12% and AMC Slipping Over 6%.On Wednesday, the Federal Reserve released minutes from its December meeting. While officials had already announced a tapering of bond purchases and expectations for several rate hikes this year, the minutes revealed the possibility for even more aggressive moves. Several officials thought the Fed could shrink its balance sheet of Treasuries and mortgage-backed assets, which it has been buying for some time to nurse the economy back to health. Tapering asset purchases merely suggested the Fed would be buying fewer securities but would still be purchasing. Letting the balance sheet shrink would be an indicator of even tighter financial conditions than that.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356303179,"gmtCreate":1616753170091,"gmtModify":1704798369756,"author":{"id":"3574593351580989","authorId":"3574593351580989","name":"adioman","avatar":"https://static.tigerbbs.com/9b3bef7bf72489ec0e7a95f55a6f24c1","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574593351580989","authorIdStr":"3574593351580989"},"themes":[],"htmlText":"Tiger is running up!","listText":"Tiger is running up!","text":"Tiger is running up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/356303179","repostId":"1188307475","repostType":4,"repost":{"id":"1188307475","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":1616745710,"share":"https://ttm.financial/m/news/1188307475?lang=&edition=fundamental","pubTime":"2021-03-26 16:01","market":"us","language":"en","title":"UP Fintech Holding Limited Posts 136% Revenue Growth in 2020","url":"https://stock-news.laohu8.com/highlight/detail?id=1188307475","media":"Tiger Newspress","summary":"UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “TIGR”, and all ","content":"<p>UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “TIGR”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm focusing on global investors, posted its first full-year profit and laid out plans for further international expansion over the coming years after gaining popularity in Singapore.</p><p>Fourth quarter revenue rose 136.5% to US$47.2 million, compared with revenue of US$20.0 million in same quarter of 2019. UP Fintech generated US$10.3 million in Non-GAAP net income in the fourth quarter, approximately 29 times higher than the US$0.3 million the company reported in the same quarter of last year. For the full year, the company reported revenues of US$138.5 million, US$77.6 million of which was commission revenue. Commission revenue was bolstered by an increase in the firm’s user base and trading activity. Non-GAAP Net income for the year came in at US$22.3 million, compared with a loss of US$1.8 million in 2019.</p><p>Total account balance increased by US$5 billion in the fourth quarter and reached US$16.0 billion, an increase of 215.9% since the end of 2019. The firm added 44,000 funded accounts in the fourth quarter, 3.9 times the number of new funded accounts in the same quarter of last year; the total number of funded accounts more than doubled in 2020.</p><p>“We again recorded significant increases in client accounts and assets, supported by strong demand for online financial services and increased trading activities in the equity market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “With a diverse set of licenses, our internationalization strategy continues to progress nicely and is now a new driver for our growth. During the quarter we participated in eight IPOs, of which we underwrote three. For the full year we participated in 26 U.S. IPOs of Chinese-based companies and served as an underwriter in 14 of them. Our leadership position in underwriting for Chinese ADR issuers in the U.S. continued to yield significant benefits as it led to more IPO subscriptions being available to our retail clients. We also added 35 ESOP clients in the fourth quarter for a cumulative total of 124 clients. Despite having only started our ESOP business two years ago, we have been able to gain substantial market share due to the enhanced user experience of our system.”</p><p>The company’s flagship trading app, Tiger Trade, has formed a closed-loop platform for trading, social networking, and financial media. By adding more investment tools and products such as grey market for Hong Kong IPOs, the firm continues to boost its brand recognition and retail client stickiness.</p><p>“We are enthusiastic about the year ahead as we will continue to leverage our technological capabilities to build an integrated trading platform for global clients with a comprehensive product offering,” Wu added.</p><p></p><p><img src=\"https://static.tigerbbs.com/62567c7cd9272fd787fb3a1a7bf00ebb\" tg-width=\"620\" tg-height=\"14596\">Safe Harbor Statement</p><p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</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>UP Fintech Holding Limited Posts 136% Revenue Growth in 2020</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\">\nUP Fintech Holding Limited Posts 136% Revenue Growth in 2020\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\">2021-03-26 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “TIGR”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm focusing on global investors, posted its first full-year profit and laid out plans for further international expansion over the coming years after gaining popularity in Singapore.</p><p>Fourth quarter revenue rose 136.5% to US$47.2 million, compared with revenue of US$20.0 million in same quarter of 2019. UP Fintech generated US$10.3 million in Non-GAAP net income in the fourth quarter, approximately 29 times higher than the US$0.3 million the company reported in the same quarter of last year. For the full year, the company reported revenues of US$138.5 million, US$77.6 million of which was commission revenue. Commission revenue was bolstered by an increase in the firm’s user base and trading activity. Non-GAAP Net income for the year came in at US$22.3 million, compared with a loss of US$1.8 million in 2019.</p><p>Total account balance increased by US$5 billion in the fourth quarter and reached US$16.0 billion, an increase of 215.9% since the end of 2019. The firm added 44,000 funded accounts in the fourth quarter, 3.9 times the number of new funded accounts in the same quarter of last year; the total number of funded accounts more than doubled in 2020.</p><p>“We again recorded significant increases in client accounts and assets, supported by strong demand for online financial services and increased trading activities in the equity market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “With a diverse set of licenses, our internationalization strategy continues to progress nicely and is now a new driver for our growth. During the quarter we participated in eight IPOs, of which we underwrote three. For the full year we participated in 26 U.S. IPOs of Chinese-based companies and served as an underwriter in 14 of them. Our leadership position in underwriting for Chinese ADR issuers in the U.S. continued to yield significant benefits as it led to more IPO subscriptions being available to our retail clients. We also added 35 ESOP clients in the fourth quarter for a cumulative total of 124 clients. Despite having only started our ESOP business two years ago, we have been able to gain substantial market share due to the enhanced user experience of our system.”</p><p>The company’s flagship trading app, Tiger Trade, has formed a closed-loop platform for trading, social networking, and financial media. By adding more investment tools and products such as grey market for Hong Kong IPOs, the firm continues to boost its brand recognition and retail client stickiness.</p><p>“We are enthusiastic about the year ahead as we will continue to leverage our technological capabilities to build an integrated trading platform for global clients with a comprehensive product offering,” Wu added.</p><p></p><p><img src=\"https://static.tigerbbs.com/62567c7cd9272fd787fb3a1a7bf00ebb\" tg-width=\"620\" tg-height=\"14596\">Safe Harbor Statement</p><p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188307475","content_text":"UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “TIGR”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm focusing on global investors, posted its first full-year profit and laid out plans for further international expansion over the coming years after gaining popularity in Singapore.Fourth quarter revenue rose 136.5% to US$47.2 million, compared with revenue of US$20.0 million in same quarter of 2019. UP Fintech generated US$10.3 million in Non-GAAP net income in the fourth quarter, approximately 29 times higher than the US$0.3 million the company reported in the same quarter of last year. For the full year, the company reported revenues of US$138.5 million, US$77.6 million of which was commission revenue. Commission revenue was bolstered by an increase in the firm’s user base and trading activity. Non-GAAP Net income for the year came in at US$22.3 million, compared with a loss of US$1.8 million in 2019.Total account balance increased by US$5 billion in the fourth quarter and reached US$16.0 billion, an increase of 215.9% since the end of 2019. The firm added 44,000 funded accounts in the fourth quarter, 3.9 times the number of new funded accounts in the same quarter of last year; the total number of funded accounts more than doubled in 2020.“We again recorded significant increases in client accounts and assets, supported by strong demand for online financial services and increased trading activities in the equity market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “With a diverse set of licenses, our internationalization strategy continues to progress nicely and is now a new driver for our growth. During the quarter we participated in eight IPOs, of which we underwrote three. For the full year we participated in 26 U.S. IPOs of Chinese-based companies and served as an underwriter in 14 of them. Our leadership position in underwriting for Chinese ADR issuers in the U.S. continued to yield significant benefits as it led to more IPO subscriptions being available to our retail clients. We also added 35 ESOP clients in the fourth quarter for a cumulative total of 124 clients. Despite having only started our ESOP business two years ago, we have been able to gain substantial market share due to the enhanced user experience of our system.”The company’s flagship trading app, Tiger Trade, has formed a closed-loop platform for trading, social networking, and financial media. By adding more investment tools and products such as grey market for Hong Kong IPOs, the firm continues to boost its brand recognition and retail client stickiness.“We are enthusiastic about the year ahead as we will continue to leverage our technological capabilities to build an integrated trading platform for global clients with a comprehensive product offering,” Wu added.Safe Harbor StatementThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":217915517653128,"gmtCreate":1694236828324,"gmtModify":1694236835441,"author":{"id":"3574593351580989","authorId":"3574593351580989","name":"adioman","avatar":"https://static.tigerbbs.com/9b3bef7bf72489ec0e7a95f55a6f24c1","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3574593351580989","idStr":"3574593351580989"},"themes":[],"htmlText":"£,,7,,d4,,,","listText":"£,,7,,d4,,,","text":"£,,7,,d4,,,","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/217915517653128","repostId":"2366831824","repostType":2,"repost":{"id":"2366831824","kind":"highlight","pubTimestamp":1694220965,"share":"https://ttm.financial/m/news/2366831824?lang=&edition=fundamental","pubTime":"2023-09-09 08:56","market":"us","language":"en","title":"Tesla: When There's A Dividend, Count Me In","url":"https://stock-news.laohu8.com/highlight/detail?id=2366831824","media":"seekingalpha","summary":"In March of 2022, there were talks that Tesla would ask at its annual shareholder meeting for an increase in the number of authorized shares in order to enable a stock split of the company. This would be the second time in 2 years, only this time so the EV maker could possibly pay a dividend. In August of the same year, Tesla completed a 3-for-1 stock split and after the dividend talks went silent. Little more than a year a half later, still no dividend. And it doesn't seem like paying a dividend is a priority for the company, either. To be fair, Tesla is still in its gr","content":"<html><head></head><body><ul style=\"\"><li><p>Before its last stock split in 2022, there were talks of Tesla, Inc. possibly paying a dividend.</p></li><li><p>Although paying a dividend does not seem to be a priority for Tesla, this could be a possibility in the future.</p></li><li><p>Tesla&#39;s balance sheet is healthy, with a strong cash balance and low debt, which could support future dividend payments.</p></li><li><p>If the EV giant does conduct another stock split, maybe shareholders could finally see a dividend come to fruition.</p></li><li><p>The company has managed positive cash flow and decreased its debt significantly over the last four years.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5880e8fed8bfc40492a60b0ac7ce7d4\" tg-width=\"750\" tg-height=\"500\"/></p><h2 id=\"id_2530445514\">Introduction</h2><p>I know what everyone is going to say. <strong>Tesla, Inc.</strong> (NASDAQ:TSLA) is a growth stock, not a dividend stock. Similar to two other popular stocks amongst investors, Amazon (AMZN) and Apple (AAPL). Along with <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META), these are some of the most recognizable businesses in the world. And for good reason. In my opinion they all offer investors high growth, and I view them as long-term holds. But as solely a dividend investor, which you can tell by my name, I don&#39;t hold any of these in my portfolio.</p><p>Out of the big four, only one pays a dividend, and that&#39;s AAPL. I wrote an article on them last month stating that the dividend yield was too low for a stock that generates the kind of cash flow the tech giant does. I understand many investors don&#39;t hold AAPL for the dividend but for the growth. Some say it&#39;s not even considered a dividend stock. While I agree many investors don&#39;t hold them for the dividend, it is indeed a dividend stock. It pays a quarterly dividend so by definition it&#39;s exactly that<em>.</em></p><p>But enough about Apple. I&#39;m not sure if many readers remember when billionaire Elon Musk stated he wanted to pay Tesla shareholders a dividend. But I do! I was once a shareholder in the electric vehicle (&#34;EV&#34;) company, but sold to focus on building a stream of income to live off within the next several years. And I know although some companies do not pay a dividend, investors often create their own synthetic dividend.</p><p>I&#39;m well aware of this strategy, and even though it may work for some, I&#39;m not a fan. I buy my stocks with the purpose of holding them forever unless the fundamentals change or the stock is severely underperforming in my portfolio and I see a better opportunity elsewhere. If the EV giant does indeed decide to pay shareholders a dividend, I might reconsider buying.</p><h2 id=\"id_3702543821\">Where&#39;s The Dividend?</h2><p>In March of 2022, there were talks that Tesla would ask at its annual shareholder meeting for an increase in the number of authorized shares in order to enable a stock split of the company. This would be the second time in 2 years, only this time so the EV maker could possibly pay a dividend. In August of the same year, Tesla completed a 3-for-1 stock split and after the dividend talks went silent.</p><p>Little more than a year a half later, still no dividend. And it doesn&#39;t seem like paying a dividend is a priority for the company, either. To be fair, Tesla is still in its growth stages, so a dividend in the near future doesn&#39;t seem all that likely. See below for Seeking Alpha&#39;s dividend estimates. As you can see, the stock would have a very low yield, similar to that of Apple&#39;s.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fb4807b8c05b133afdd70d17752beb3\" tg-width=\"640\" tg-height=\"703\"/></p><p>Seeking Alpha</p><p></p><h2 id=\"id_2187210639\">Can Tesla Support Paying A Dividend?</h2><p>To be honest, I don&#39;t think CEO&#39;s like Warren Buffett and Elon Musk are fond of their companies paying dividends. Berkshire Hathaway (BRK.B) is another company with a huge cash flow that doesn&#39;t pay a dividend. But one thing for sure is that they love collecting them! Warren Buffett is an avid dividend collector like myself. Only difference besides the spelling of the name is the amount he collects. The amount I collect in comparison is minuscule. He has many decades of collecting dividends ahead of me. But enough about that.</p><p>There are many companies that pay dividends and many that do not. In the current macro environment, dividend collecting has seemingly become more attractive. With the FED still battling inflation and food &amp; gas prices still soaring, collecting a check every week or month can help soften the blow.</p><p>As big as TSLA is, it still had its fair share of problems in 2022. From high interest rates to forced shutdowns. Additionally, the EV maker saw its operating cash flow decrease Q3 &#39;22 to Q1 &#39;23. But despite that, Tesla delivered over 1.3 million cars and achieved a 17% operating margin, the highest among any volume carmaker. They also generated $12.5 billion in net income and $7.5 billion in free cash flow.</p><p>And while CAPEX has doubled over the last two years, the company has managed to triple its cash from operations during the same time. Tesla grew its CFO from $5.9 billion in 2020 to $14.7 billion at the end of 2022. In 2021 the EV maker&#39;s free cash flow (&#34;FCF&#34;) was roughly $5 billion. This is a testament to Tesla as a company, because having positive free cash flow in a capital-intensive business, that also invests massive amount of its money into new technology, isn&#39;t easy. Especially in the current environment, so it&#39;s obvious they&#39;re doing something right.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44b19c6be4d6b01a2eeaf20503b148d3\" tg-width=\"640\" tg-height=\"702\"/></p><p>TSLA investor presentation</p><p></p><h2 id=\"id_1218844204\">Dividend Forecast</h2><p>Hypothetically speaking, using the middle of Seeking Alpha&#39;s projection, and giving them a dividend yield similar to AAPL, if TSLA did decide to pay an annual dividend of $1.37, that would equal a quarterly dividend of $0.3425 a share. With 3.48 billion current shares outstanding, this would equal a payout of almost $1.192 billion a quarter.</p><p>To put this into perspective, TSLA&#39;s FCF for the last two quarters were $0.4 billion in Q1 and $1.0 billion in Q2. Now, I&#39;m not saying that TSLA would pay a dividend that high if they did decide to pay one, I just used the annual $1.37 hypothetically because it was similar to AAPL and both are considered high-growth businesses. I assume that they would start with a very small dividend of $0.25 or less if they did decide on rewarding shareholders due to the capital-intensive nature of the business.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06039effc2608d24f611c703b74579b8\" tg-width=\"640\" tg-height=\"479\"/></p><p>SimplySafeDividends</p><p></p><h2 id=\"id_3346398746\">Growth Ahead</h2><p>During Q2 earnings their CEO Elon Musk stated that the company achieved record vehicle production and deliveries, and record revenue of about $25 billion in a single quarter. Additionally, the Model Y became the best-selling vehicle globally of any kind in Q1, surpassing the Toyota (TM) Corolla. They are also expecting to deliver the highly anticipated Cybertruck in Q3. And although they are expecting Q3 production to be down due to factory upgrades, they&#39;re still expecting to deliver 1.8 million vehicles this year.</p><p>This is an increase of 38.46% year-over-year. As you can see, TSLA has continued to increase its production and vehicles quarter-over-quarter since Q3 of 2020, and I see this moving forward. Due to rising costs in gas and the demand for electric cars, I see Tesla continuing to dominate the EV space for many years to come. By 2030 it is expected EV&#39;s will omit the need for 5 million barrels of oil a day. This trend also has a positive effect on battery production and supply chains. And with investments into artificial intelligence and the Tesla Megapack, these will continue to be profitable contributors for the company.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7eb684d5c2b48ec82a39da0a15940644\" tg-width=\"388\" tg-height=\"453\"/></p><p>TSLA investor presentation</p><p></p><h2 id=\"id_2681719327\">Healthy Balance Sheet</h2><p>One thing I don&#39;t believe gets talked about enough with Tesla is their balance sheet. The amount of debt a company has can be a huge factor in dividend payments and growth. A high-quality company with too much debt on its balance sheet will most likely focus on paying it down before committing to a dividend.</p><p>Tesla&#39;s balance sheet further affirms its quality, especially in the current high interest rate environment. A lot of fast-growing companies will often take on a lot of debt to fund their growth, but TSLA has avoided this which speaks volumes to their CEO Elon Musk and his team.</p><p>One thing that&#39;s impressive is how the company has managed to increase their cash balance while simultaneously decreasing their debt load over the last year. This time frame includes the fastest rate hike in history and production of the Cybertruck. At the end of Q2 TSLA had over $23 billion in cash with just $872 million in debt. To put this in perspective, this has decreased from $2.8 billion year-over-year and from $11.6 billion in 2019. The company has essentially become debt-free over the last 4 years while maintaining positive cash flow during the same period. So if the company did decide to surprise shareholders with a dividend, one thing they wouldn&#39;t have to worry about paying back is debt.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/921c46386a7253f26ccf5b0bd1ee2b6c\" tg-width=\"640\" tg-height=\"328\"/></p><p>TSLA investor presentation</p><p></p><h2 id=\"id_3794007412\">Risks</h2><p>Although the company doesn&#39;t have to worry about refinancing a huge debt load at higher rates like many other companies, the current macro environment has affected them. High interest rates and the threat of a recession take a toll on consumer spending as seen by the high credit card debt. Recent data from the Federal Reserve showed American credit card debt soared to $1.3 trillion in Q2 of this year. Furthermore, the average credit card interest rate was 22.16% in May. And while most consumers don&#39;t buy cars with their credit cards, this does show that many are allocating their funds elsewhere, which leaves less room for spending on items like Tesla cars in the near-term.</p><p>So in short this reduces the affordability of cars. And this has forced Tesla to lower its cost because the interest payments actually increase the price of the car. All the while things such as production costs and the price of raw materials continue to rise. Then there&#39;s the expected Q3 volume decline due to factory upgrades. All of these I consider short to medium-term headwinds but headwinds nonetheless. As the economy stabilizes over the next several quarters I expect production to pick back up and the highly anticipated Cybertruck to become a massive hit with customers.</p><h2 id=\"id_343261467\">Valuation</h2><p>One thing that has always been associated with Tesla was the word overvalued. I honestly don&#39;t remember a time when it wasn&#39;t. The stock currently has a P/E ratio of 71.24 at time of writing making it extremely overvalued. Exactly a year ago on September 8th, the stock was trading at $289 and has since seen its price decline by roughly 8.2%. The time to buy this stock was at the beginning of the year when it reached a price of nearly $100. With an average price target of $252 I just don&#39;t think it offers investors enough margin of safety at the current price.</p><p>With tax-loss harvesting season coming soon investors may just get a chance add on a pullback in price, although I can&#39;t see the price dropping that low. With its recent stock split history who knows, maybe the company will split its stock again in 2024. In the last 3 years the company has done two stock splits, once in 2020 and once in 2022. Known for its overvaluation, I wouldn&#39;t be surprised to see another in the near-future.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e0ac5df2b7b10cb8c8075cfcad207114\" tg-width=\"640\" tg-height=\"386\"/></p><p>Y charts</p><p></p><h2 id=\"id_461651957\">Conclusion</h2><p>Although many don&#39;t invest in Tesla with hopes of the stock paying a dividend, in 2022 there were brief talks of the company paying one. Since then I haven&#39;t heard talks of any kind in reference to this. It could still be a part of the EV giant&#39;s future plans, I don&#39;t see this happening anytime soon as the stock is focused on growth.</p><p>Although TSLA is a capital-intensive business, the company has managed to grow its free cash flow and decrease its debt over the last several years, which is impressive. With two stock splits in the last three years and the continued growth of the company, maybe investors could potentially see the dividend talks come to fruition over the next few years.</p><p>For those looking for growth, I think TSLA is a great addition on a pullback closer to the $200 price range or with another stock split. With tax-loss harvesting season approaching soon and a looming recession, investors could see the stock&#39;s price fall over these next several weeks potentially offering a more attractive entry price for those looking to invest. Although quality normally trades at a premium, TSLA&#39;s P/E of 71 is unjustifiable. As previously mentioned the stock is normally always overvalued since it is very popular amongst investors. I do see the company continuing its dominance in the EV space for many years to come.</p><p>If Tesla, Inc. does decide to conduct another stock split and implement a dividend, I will most likely open a position. Until then, I rate TSLA a hold.</p><p>Editor&#39;s Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","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: When There's A Dividend, Count Me In</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; 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}\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: When There's A Dividend, Count Me In\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-09 08:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4633971-tesla-when-theres-a-dividend-count-me-in><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Before its last stock split in 2022, there were talks of Tesla, Inc. possibly paying a dividend.Although paying a dividend does not seem to be a priority for Tesla, this could be a possibility in the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4633971-tesla-when-theres-a-dividend-count-me-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0528227936.USD":"富达环球人口趋势基金A-ACC","BK4515":"5G概念","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4566":"资本集团","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","TSLA":"特斯拉","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0079474960.USD":"联博美国增长基金A","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4512":"苹果概念","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0109391861.USD":"富兰克林美国机遇基金A Acc","BK4511":"特斯拉概念","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0823411888.USD":"法巴消费创新基金 Cap","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4176":"多领域控股"},"source_url":"https://seekingalpha.com/article/4633971-tesla-when-theres-a-dividend-count-me-in","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2366831824","content_text":"Before its last stock split in 2022, there were talks of Tesla, Inc. possibly paying a dividend.Although paying a dividend does not seem to be a priority for Tesla, this could be a possibility in the future.Tesla's balance sheet is healthy, with a strong cash balance and low debt, which could support future dividend payments.If the EV giant does conduct another stock split, maybe shareholders could finally see a dividend come to fruition.The company has managed positive cash flow and decreased its debt significantly over the last four years.IntroductionI know what everyone is going to say. Tesla, Inc. (NASDAQ:TSLA) is a growth stock, not a dividend stock. Similar to two other popular stocks amongst investors, Amazon (AMZN) and Apple (AAPL). Along with Meta Platforms (META), these are some of the most recognizable businesses in the world. And for good reason. In my opinion they all offer investors high growth, and I view them as long-term holds. But as solely a dividend investor, which you can tell by my name, I don't hold any of these in my portfolio.Out of the big four, only one pays a dividend, and that's AAPL. I wrote an article on them last month stating that the dividend yield was too low for a stock that generates the kind of cash flow the tech giant does. I understand many investors don't hold AAPL for the dividend but for the growth. Some say it's not even considered a dividend stock. While I agree many investors don't hold them for the dividend, it is indeed a dividend stock. It pays a quarterly dividend so by definition it's exactly that.But enough about Apple. I'm not sure if many readers remember when billionaire Elon Musk stated he wanted to pay Tesla shareholders a dividend. But I do! I was once a shareholder in the electric vehicle (\"EV\") company, but sold to focus on building a stream of income to live off within the next several years. And I know although some companies do not pay a dividend, investors often create their own synthetic dividend.I'm well aware of this strategy, and even though it may work for some, I'm not a fan. I buy my stocks with the purpose of holding them forever unless the fundamentals change or the stock is severely underperforming in my portfolio and I see a better opportunity elsewhere. If the EV giant does indeed decide to pay shareholders a dividend, I might reconsider buying.Where's The Dividend?In March of 2022, there were talks that Tesla would ask at its annual shareholder meeting for an increase in the number of authorized shares in order to enable a stock split of the company. This would be the second time in 2 years, only this time so the EV maker could possibly pay a dividend. In August of the same year, Tesla completed a 3-for-1 stock split and after the dividend talks went silent.Little more than a year a half later, still no dividend. And it doesn't seem like paying a dividend is a priority for the company, either. To be fair, Tesla is still in its growth stages, so a dividend in the near future doesn't seem all that likely. See below for Seeking Alpha's dividend estimates. As you can see, the stock would have a very low yield, similar to that of Apple's.Seeking AlphaCan Tesla Support Paying A Dividend?To be honest, I don't think CEO's like Warren Buffett and Elon Musk are fond of their companies paying dividends. Berkshire Hathaway (BRK.B) is another company with a huge cash flow that doesn't pay a dividend. But one thing for sure is that they love collecting them! Warren Buffett is an avid dividend collector like myself. Only difference besides the spelling of the name is the amount he collects. The amount I collect in comparison is minuscule. He has many decades of collecting dividends ahead of me. But enough about that.There are many companies that pay dividends and many that do not. In the current macro environment, dividend collecting has seemingly become more attractive. With the FED still battling inflation and food & gas prices still soaring, collecting a check every week or month can help soften the blow.As big as TSLA is, it still had its fair share of problems in 2022. From high interest rates to forced shutdowns. Additionally, the EV maker saw its operating cash flow decrease Q3 '22 to Q1 '23. But despite that, Tesla delivered over 1.3 million cars and achieved a 17% operating margin, the highest among any volume carmaker. They also generated $12.5 billion in net income and $7.5 billion in free cash flow.And while CAPEX has doubled over the last two years, the company has managed to triple its cash from operations during the same time. Tesla grew its CFO from $5.9 billion in 2020 to $14.7 billion at the end of 2022. In 2021 the EV maker's free cash flow (\"FCF\") was roughly $5 billion. This is a testament to Tesla as a company, because having positive free cash flow in a capital-intensive business, that also invests massive amount of its money into new technology, isn't easy. Especially in the current environment, so it's obvious they're doing something right.TSLA investor presentationDividend ForecastHypothetically speaking, using the middle of Seeking Alpha's projection, and giving them a dividend yield similar to AAPL, if TSLA did decide to pay an annual dividend of $1.37, that would equal a quarterly dividend of $0.3425 a share. With 3.48 billion current shares outstanding, this would equal a payout of almost $1.192 billion a quarter.To put this into perspective, TSLA's FCF for the last two quarters were $0.4 billion in Q1 and $1.0 billion in Q2. Now, I'm not saying that TSLA would pay a dividend that high if they did decide to pay one, I just used the annual $1.37 hypothetically because it was similar to AAPL and both are considered high-growth businesses. I assume that they would start with a very small dividend of $0.25 or less if they did decide on rewarding shareholders due to the capital-intensive nature of the business.SimplySafeDividendsGrowth AheadDuring Q2 earnings their CEO Elon Musk stated that the company achieved record vehicle production and deliveries, and record revenue of about $25 billion in a single quarter. Additionally, the Model Y became the best-selling vehicle globally of any kind in Q1, surpassing the Toyota (TM) Corolla. They are also expecting to deliver the highly anticipated Cybertruck in Q3. And although they are expecting Q3 production to be down due to factory upgrades, they're still expecting to deliver 1.8 million vehicles this year.This is an increase of 38.46% year-over-year. As you can see, TSLA has continued to increase its production and vehicles quarter-over-quarter since Q3 of 2020, and I see this moving forward. Due to rising costs in gas and the demand for electric cars, I see Tesla continuing to dominate the EV space for many years to come. By 2030 it is expected EV's will omit the need for 5 million barrels of oil a day. This trend also has a positive effect on battery production and supply chains. And with investments into artificial intelligence and the Tesla Megapack, these will continue to be profitable contributors for the company.TSLA investor presentationHealthy Balance SheetOne thing I don't believe gets talked about enough with Tesla is their balance sheet. The amount of debt a company has can be a huge factor in dividend payments and growth. A high-quality company with too much debt on its balance sheet will most likely focus on paying it down before committing to a dividend.Tesla's balance sheet further affirms its quality, especially in the current high interest rate environment. A lot of fast-growing companies will often take on a lot of debt to fund their growth, but TSLA has avoided this which speaks volumes to their CEO Elon Musk and his team.One thing that's impressive is how the company has managed to increase their cash balance while simultaneously decreasing their debt load over the last year. This time frame includes the fastest rate hike in history and production of the Cybertruck. At the end of Q2 TSLA had over $23 billion in cash with just $872 million in debt. To put this in perspective, this has decreased from $2.8 billion year-over-year and from $11.6 billion in 2019. The company has essentially become debt-free over the last 4 years while maintaining positive cash flow during the same period. So if the company did decide to surprise shareholders with a dividend, one thing they wouldn't have to worry about paying back is debt.TSLA investor presentationRisksAlthough the company doesn't have to worry about refinancing a huge debt load at higher rates like many other companies, the current macro environment has affected them. High interest rates and the threat of a recession take a toll on consumer spending as seen by the high credit card debt. Recent data from the Federal Reserve showed American credit card debt soared to $1.3 trillion in Q2 of this year. Furthermore, the average credit card interest rate was 22.16% in May. And while most consumers don't buy cars with their credit cards, this does show that many are allocating their funds elsewhere, which leaves less room for spending on items like Tesla cars in the near-term.So in short this reduces the affordability of cars. And this has forced Tesla to lower its cost because the interest payments actually increase the price of the car. All the while things such as production costs and the price of raw materials continue to rise. Then there's the expected Q3 volume decline due to factory upgrades. All of these I consider short to medium-term headwinds but headwinds nonetheless. As the economy stabilizes over the next several quarters I expect production to pick back up and the highly anticipated Cybertruck to become a massive hit with customers.ValuationOne thing that has always been associated with Tesla was the word overvalued. I honestly don't remember a time when it wasn't. The stock currently has a P/E ratio of 71.24 at time of writing making it extremely overvalued. Exactly a year ago on September 8th, the stock was trading at $289 and has since seen its price decline by roughly 8.2%. The time to buy this stock was at the beginning of the year when it reached a price of nearly $100. With an average price target of $252 I just don't think it offers investors enough margin of safety at the current price.With tax-loss harvesting season coming soon investors may just get a chance add on a pullback in price, although I can't see the price dropping that low. With its recent stock split history who knows, maybe the company will split its stock again in 2024. In the last 3 years the company has done two stock splits, once in 2020 and once in 2022. Known for its overvaluation, I wouldn't be surprised to see another in the near-future.Y chartsConclusionAlthough many don't invest in Tesla with hopes of the stock paying a dividend, in 2022 there were brief talks of the company paying one. Since then I haven't heard talks of any kind in reference to this. It could still be a part of the EV giant's future plans, I don't see this happening anytime soon as the stock is focused on growth.Although TSLA is a capital-intensive business, the company has managed to grow its free cash flow and decrease its debt over the last several years, which is impressive. With two stock splits in the last three years and the continued growth of the company, maybe investors could potentially see the dividend talks come to fruition over the next few years.For those looking for growth, I think TSLA is a great addition on a pullback closer to the $200 price range or with another stock split. With tax-loss harvesting season approaching soon and a looming recession, investors could see the stock's price fall over these next several weeks potentially offering a more attractive entry price for those looking to invest. Although quality normally trades at a premium, TSLA's P/E of 71 is unjustifiable. As previously mentioned the stock is normally always overvalued since it is very popular amongst investors. I do see the company continuing its dominance in the EV space for many years to come.If Tesla, Inc. does decide to conduct another stock split and implement a dividend, I will most likely open a position. Until then, I rate TSLA a hold.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008582721,"gmtCreate":1641482588020,"gmtModify":1676533620080,"author":{"id":"3574593351580989","authorId":"3574593351580989","name":"adioman","avatar":"https://static.tigerbbs.com/9b3bef7bf72489ec0e7a95f55a6f24c1","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3574593351580989","idStr":"3574593351580989"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008582721","repostId":"1166118266","repostType":2,"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9006434572,"gmtCreate":1641815357242,"gmtModify":1676533650075,"author":{"id":"3574593351580989","authorId":"3574593351580989","name":"adioman","avatar":"https://static.tigerbbs.com/9b3bef7bf72489ec0e7a95f55a6f24c1","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3574593351580989","idStr":"3574593351580989"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006434572","repostId":"1199490797","repostType":2,"repost":{"id":"1199490797","kind":"news","pubTimestamp":1641828722,"share":"https://ttm.financial/m/news/1199490797?lang=&edition=fundamental","pubTime":"2022-01-10 23:32","market":"us","language":"en","title":"Is Tesla Stock Headed to $1,400 or $67? Why Predicting Auto Makers’ Performance Is Tricky","url":"https://stock-news.laohu8.com/highlight/detail?id=1199490797","media":"Barrons","summary":"Who needs parody cryptocurrency when car stocks are this exciting?","content":"<html><head></head><body><p>Who needs parody cryptocurrency when car stocks are this exciting? Ford Motor, General Motors, Tesla, and Rivian Automotive each had price swings of more than 10% during the first trading week of the year. This, after some heady gains for the group last year.</p><p>Predicting performance from here won’t be easy. I recently spoke with one analyst who says Tesla stock (ticker: TSLA) is headed to $1,400, and another who says $67. You know what they say: Sometimes you have to agree to disagree by a factor of 20.</p><p>Tesla made the first big move, jumping 13.5% on Monday after the company reported fourth-quarter deliveries of 308,600 vehicles, trouncing estimates and its own record. Next, Ford (F) gained 11.7% on Tuesday after it announced that it would raise production of its first electric pickup, the F-150 Lightning, to 150,000 units a year.</p><p>By that point in the week, General Motors stock (GM) was already up 12% in anticipation of its Chevy Silverado electric pickup truck unveiling, planned for Wednesday at the Consumer Electronics Show. But on the day of the announcement, shares slipped. Maybe investors were disappointed in the delivery timing, or maybe it was because the broad market tanked on signs that interest rates could rise sooner than expected.</p><p>What the Ford and Chevy pickups have in common is that they will target workers as well as suburban preeners in unblemished Carhartt jackets. Early versions will be priced around $40,000 and $100,000.</p><p>The Chevy wins on electric specs—longer battery range and faster charging. But Ford wins on bringing its truck to market this spring. Chevy buyers will have to wait until spring 2023 for the cheaper truck and fall 2023 for the decked-out one. GM will also debut electric Chevy sport utility vehicles in 2023, including an Equinox that will start at $30,000.</p><p>Pickup trucks could be the key to America’s electric-vehicle uptake. Last year, EVs hit an estimated 4% of total U.S. sales, up from 2%. But Europe and China are well ahead, with penetration rates in the low teens. Americans have so far had few electric choices for the types of vehicles they like to buy. Last year, the Ford F-150 led U.S. new-vehicle sales, as always. The only surprise was that the Ram 1500 pickup pulled ahead of the Chevy Silverado 1500 to be No. 2.</p><p>An electric Ram will take until 2024, according to owner Stellantis (STLA), a roll-up of American, Italian, and French brands. Start-up Rivian (RIVN) says it will ship electric pickups this year, but that stock slid 11% this past Wednesday after early backer Amazon.com (AMZN) said it’s putting in an order with Ram for delivery trucks. Tesla’s Cybertruck was expected last year, but has been delayed.</p><p>Pent-up vehicle demand, meanwhile, suggests that a boom is coming. Amid shortages last year, U.S. light-vehicle sales were an estimated 15.1 million units, versus closer to 17 million a year before the pandemic. Average transaction prices have soared 30% from prepandemic levels, and incentives as a percentage of prices are at record lows.</p><p>This year, expect unit sales to rise only modestly, but by next year, when showrooms are full and pricing has eased, units could jump to 18 million, Credit Suisse says. EV penetration in the U.S. will double again this year to 8%, and top 50% by 2030, it adds.</p><p>One risk for legacy car makers is that they will run to stand still—that they must ramp up EV units with low profit margins for now to offset coming losses in high-margin gasoline models.</p><p>On the other hand, car makers could shift capacity from gasoline vehicles to electric ones ahead of customers’ willingness to make the switch. That could leave gas vehicles with high prices and profit margins, creating a long, lucrative “farewell tour,” as Morgan Stanley analyst Adam Jonas puts it.</p><p>Valuations appear undemanding. Ford goes for 12 times projected earnings, despite doubling in price last year. GM sells for nine times.</p><p>The bull case on Tesla is that it will do big things in both cars and adjacent markets. Philippe Houchois, who covers the stock for Jefferies, sees 35% upside from recent levels, to $1,400. Tesla lags behind legacy rivals on things like build quality and finish, but those are solvable problems, he says. It leads on software, batteries, and autonomy, which are durable advantages. He sees Tesla using software to extend the usefulness and profit potential of vehicles.</p><p>Most versions of the Tesla bear case assume that the company will do well in cars, but not well enough to justify a market value above $1 trillion. For example, J.P. Morgan’s Ryan Brinkman calls his price target of $295 “not ungenerous,” even though it implies a 70% stock plunge, because it values Tesla slightly ahead of world leader Toyota Motor (TM), despite producing a tenth as many cars for now.</p><p>Then there’s Gordon Johnson. He worked at large investment banks before starting GLJ Research, where he covers 20 stocks. He’s bullish on uranium stocks and bearish on cannabis, but all anyone wants to talk about, he says, is his $67 price target on Tesla. “I’ve gotten death threats,” he says. “Now I don’t even answer the phone when I have unknown calls.”</p><p>In Johnson’s view, there’s no reason to assume Tesla will do well in adjacent businesses. “You could take McDonald’s and say they’re going to start selling Nikes and chairs and pianos and add those valuations,” he says. In cars, he calculates that the stock price implies a production ramp-up that no car maker could achieve. “Selling cars is not selling iPhones or shirts,” he says.</p><p>If Tesla’s three-year stock gain of nearly 1,400% has shaken Johnson’s confidence, it doesn’t show. After walking me through his valuation model, he said he’s concerned that his price target might be too high.</p></body></html>","source":"market_watch","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>Is Tesla Stock Headed to $1,400 or $67? Why Predicting Auto Makers’ Performance Is Tricky</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\">\nIs Tesla Stock Headed to $1,400 or $67? Why Predicting Auto Makers’ Performance Is Tricky\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-10 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/tesla-ford-rivian-gm-stock-51641597012?mod=mw_quote_news><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Who needs parody cryptocurrency when car stocks are this exciting? Ford Motor, General Motors, Tesla, and Rivian Automotive each had price swings of more than 10% during the first trading week of the ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/tesla-ford-rivian-gm-stock-51641597012?mod=mw_quote_news\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车","F":"福特汽车","RIVN":"Rivian Automotive, Inc.","TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/articles/tesla-ford-rivian-gm-stock-51641597012?mod=mw_quote_news","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1199490797","content_text":"Who needs parody cryptocurrency when car stocks are this exciting? Ford Motor, General Motors, Tesla, and Rivian Automotive each had price swings of more than 10% during the first trading week of the year. This, after some heady gains for the group last year.Predicting performance from here won’t be easy. I recently spoke with one analyst who says Tesla stock (ticker: TSLA) is headed to $1,400, and another who says $67. You know what they say: Sometimes you have to agree to disagree by a factor of 20.Tesla made the first big move, jumping 13.5% on Monday after the company reported fourth-quarter deliveries of 308,600 vehicles, trouncing estimates and its own record. Next, Ford (F) gained 11.7% on Tuesday after it announced that it would raise production of its first electric pickup, the F-150 Lightning, to 150,000 units a year.By that point in the week, General Motors stock (GM) was already up 12% in anticipation of its Chevy Silverado electric pickup truck unveiling, planned for Wednesday at the Consumer Electronics Show. But on the day of the announcement, shares slipped. Maybe investors were disappointed in the delivery timing, or maybe it was because the broad market tanked on signs that interest rates could rise sooner than expected.What the Ford and Chevy pickups have in common is that they will target workers as well as suburban preeners in unblemished Carhartt jackets. Early versions will be priced around $40,000 and $100,000.The Chevy wins on electric specs—longer battery range and faster charging. But Ford wins on bringing its truck to market this spring. Chevy buyers will have to wait until spring 2023 for the cheaper truck and fall 2023 for the decked-out one. GM will also debut electric Chevy sport utility vehicles in 2023, including an Equinox that will start at $30,000.Pickup trucks could be the key to America’s electric-vehicle uptake. Last year, EVs hit an estimated 4% of total U.S. sales, up from 2%. But Europe and China are well ahead, with penetration rates in the low teens. Americans have so far had few electric choices for the types of vehicles they like to buy. Last year, the Ford F-150 led U.S. new-vehicle sales, as always. The only surprise was that the Ram 1500 pickup pulled ahead of the Chevy Silverado 1500 to be No. 2.An electric Ram will take until 2024, according to owner Stellantis (STLA), a roll-up of American, Italian, and French brands. Start-up Rivian (RIVN) says it will ship electric pickups this year, but that stock slid 11% this past Wednesday after early backer Amazon.com (AMZN) said it’s putting in an order with Ram for delivery trucks. Tesla’s Cybertruck was expected last year, but has been delayed.Pent-up vehicle demand, meanwhile, suggests that a boom is coming. Amid shortages last year, U.S. light-vehicle sales were an estimated 15.1 million units, versus closer to 17 million a year before the pandemic. Average transaction prices have soared 30% from prepandemic levels, and incentives as a percentage of prices are at record lows.This year, expect unit sales to rise only modestly, but by next year, when showrooms are full and pricing has eased, units could jump to 18 million, Credit Suisse says. EV penetration in the U.S. will double again this year to 8%, and top 50% by 2030, it adds.One risk for legacy car makers is that they will run to stand still—that they must ramp up EV units with low profit margins for now to offset coming losses in high-margin gasoline models.On the other hand, car makers could shift capacity from gasoline vehicles to electric ones ahead of customers’ willingness to make the switch. That could leave gas vehicles with high prices and profit margins, creating a long, lucrative “farewell tour,” as Morgan Stanley analyst Adam Jonas puts it.Valuations appear undemanding. Ford goes for 12 times projected earnings, despite doubling in price last year. GM sells for nine times.The bull case on Tesla is that it will do big things in both cars and adjacent markets. Philippe Houchois, who covers the stock for Jefferies, sees 35% upside from recent levels, to $1,400. Tesla lags behind legacy rivals on things like build quality and finish, but those are solvable problems, he says. It leads on software, batteries, and autonomy, which are durable advantages. He sees Tesla using software to extend the usefulness and profit potential of vehicles.Most versions of the Tesla bear case assume that the company will do well in cars, but not well enough to justify a market value above $1 trillion. For example, J.P. Morgan’s Ryan Brinkman calls his price target of $295 “not ungenerous,” even though it implies a 70% stock plunge, because it values Tesla slightly ahead of world leader Toyota Motor (TM), despite producing a tenth as many cars for now.Then there’s Gordon Johnson. He worked at large investment banks before starting GLJ Research, where he covers 20 stocks. He’s bullish on uranium stocks and bearish on cannabis, but all anyone wants to talk about, he says, is his $67 price target on Tesla. “I’ve gotten death threats,” he says. “Now I don’t even answer the phone when I have unknown calls.”In Johnson’s view, there’s no reason to assume Tesla will do well in adjacent businesses. “You could take McDonald’s and say they’re going to start selling Nikes and chairs and pianos and add those valuations,” he says. In cars, he calculates that the stock price implies a production ramp-up that no car maker could achieve. “Selling cars is not selling iPhones or shirts,” he says.If Tesla’s three-year stock gain of nearly 1,400% has shaken Johnson’s confidence, it doesn’t show. After walking me through his valuation model, he said he’s concerned that his price target might be too high.","news_type":1},"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356303179,"gmtCreate":1616753170091,"gmtModify":1704798369756,"author":{"id":"3574593351580989","authorId":"3574593351580989","name":"adioman","avatar":"https://static.tigerbbs.com/9b3bef7bf72489ec0e7a95f55a6f24c1","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3574593351580989","idStr":"3574593351580989"},"themes":[],"htmlText":"Tiger is running up!","listText":"Tiger is running up!","text":"Tiger is running up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/356303179","repostId":"1188307475","repostType":4,"repost":{"id":"1188307475","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":1616745710,"share":"https://ttm.financial/m/news/1188307475?lang=&edition=fundamental","pubTime":"2021-03-26 16:01","market":"us","language":"en","title":"UP Fintech Holding Limited Posts 136% Revenue Growth in 2020","url":"https://stock-news.laohu8.com/highlight/detail?id=1188307475","media":"Tiger Newspress","summary":"UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “TIGR”, and all ","content":"<p>UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “TIGR”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm focusing on global investors, posted its first full-year profit and laid out plans for further international expansion over the coming years after gaining popularity in Singapore.</p><p>Fourth quarter revenue rose 136.5% to US$47.2 million, compared with revenue of US$20.0 million in same quarter of 2019. UP Fintech generated US$10.3 million in Non-GAAP net income in the fourth quarter, approximately 29 times higher than the US$0.3 million the company reported in the same quarter of last year. For the full year, the company reported revenues of US$138.5 million, US$77.6 million of which was commission revenue. Commission revenue was bolstered by an increase in the firm’s user base and trading activity. Non-GAAP Net income for the year came in at US$22.3 million, compared with a loss of US$1.8 million in 2019.</p><p>Total account balance increased by US$5 billion in the fourth quarter and reached US$16.0 billion, an increase of 215.9% since the end of 2019. The firm added 44,000 funded accounts in the fourth quarter, 3.9 times the number of new funded accounts in the same quarter of last year; the total number of funded accounts more than doubled in 2020.</p><p>“We again recorded significant increases in client accounts and assets, supported by strong demand for online financial services and increased trading activities in the equity market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “With a diverse set of licenses, our internationalization strategy continues to progress nicely and is now a new driver for our growth. During the quarter we participated in eight IPOs, of which we underwrote three. For the full year we participated in 26 U.S. IPOs of Chinese-based companies and served as an underwriter in 14 of them. Our leadership position in underwriting for Chinese ADR issuers in the U.S. continued to yield significant benefits as it led to more IPO subscriptions being available to our retail clients. We also added 35 ESOP clients in the fourth quarter for a cumulative total of 124 clients. Despite having only started our ESOP business two years ago, we have been able to gain substantial market share due to the enhanced user experience of our system.”</p><p>The company’s flagship trading app, Tiger Trade, has formed a closed-loop platform for trading, social networking, and financial media. By adding more investment tools and products such as grey market for Hong Kong IPOs, the firm continues to boost its brand recognition and retail client stickiness.</p><p>“We are enthusiastic about the year ahead as we will continue to leverage our technological capabilities to build an integrated trading platform for global clients with a comprehensive product offering,” Wu added.</p><p></p><p><img src=\"https://static.tigerbbs.com/62567c7cd9272fd787fb3a1a7bf00ebb\" tg-width=\"620\" tg-height=\"14596\">Safe Harbor Statement</p><p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</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>UP Fintech Holding Limited Posts 136% Revenue Growth in 2020</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\">\nUP Fintech Holding Limited Posts 136% Revenue Growth in 2020\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\">2021-03-26 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “TIGR”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm focusing on global investors, posted its first full-year profit and laid out plans for further international expansion over the coming years after gaining popularity in Singapore.</p><p>Fourth quarter revenue rose 136.5% to US$47.2 million, compared with revenue of US$20.0 million in same quarter of 2019. UP Fintech generated US$10.3 million in Non-GAAP net income in the fourth quarter, approximately 29 times higher than the US$0.3 million the company reported in the same quarter of last year. For the full year, the company reported revenues of US$138.5 million, US$77.6 million of which was commission revenue. Commission revenue was bolstered by an increase in the firm’s user base and trading activity. Non-GAAP Net income for the year came in at US$22.3 million, compared with a loss of US$1.8 million in 2019.</p><p>Total account balance increased by US$5 billion in the fourth quarter and reached US$16.0 billion, an increase of 215.9% since the end of 2019. The firm added 44,000 funded accounts in the fourth quarter, 3.9 times the number of new funded accounts in the same quarter of last year; the total number of funded accounts more than doubled in 2020.</p><p>“We again recorded significant increases in client accounts and assets, supported by strong demand for online financial services and increased trading activities in the equity market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “With a diverse set of licenses, our internationalization strategy continues to progress nicely and is now a new driver for our growth. During the quarter we participated in eight IPOs, of which we underwrote three. For the full year we participated in 26 U.S. IPOs of Chinese-based companies and served as an underwriter in 14 of them. Our leadership position in underwriting for Chinese ADR issuers in the U.S. continued to yield significant benefits as it led to more IPO subscriptions being available to our retail clients. We also added 35 ESOP clients in the fourth quarter for a cumulative total of 124 clients. Despite having only started our ESOP business two years ago, we have been able to gain substantial market share due to the enhanced user experience of our system.”</p><p>The company’s flagship trading app, Tiger Trade, has formed a closed-loop platform for trading, social networking, and financial media. By adding more investment tools and products such as grey market for Hong Kong IPOs, the firm continues to boost its brand recognition and retail client stickiness.</p><p>“We are enthusiastic about the year ahead as we will continue to leverage our technological capabilities to build an integrated trading platform for global clients with a comprehensive product offering,” Wu added.</p><p></p><p><img src=\"https://static.tigerbbs.com/62567c7cd9272fd787fb3a1a7bf00ebb\" tg-width=\"620\" tg-height=\"14596\">Safe Harbor Statement</p><p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188307475","content_text":"UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “TIGR”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm focusing on global investors, posted its first full-year profit and laid out plans for further international expansion over the coming years after gaining popularity in Singapore.Fourth quarter revenue rose 136.5% to US$47.2 million, compared with revenue of US$20.0 million in same quarter of 2019. UP Fintech generated US$10.3 million in Non-GAAP net income in the fourth quarter, approximately 29 times higher than the US$0.3 million the company reported in the same quarter of last year. For the full year, the company reported revenues of US$138.5 million, US$77.6 million of which was commission revenue. Commission revenue was bolstered by an increase in the firm’s user base and trading activity. Non-GAAP Net income for the year came in at US$22.3 million, compared with a loss of US$1.8 million in 2019.Total account balance increased by US$5 billion in the fourth quarter and reached US$16.0 billion, an increase of 215.9% since the end of 2019. The firm added 44,000 funded accounts in the fourth quarter, 3.9 times the number of new funded accounts in the same quarter of last year; the total number of funded accounts more than doubled in 2020.“We again recorded significant increases in client accounts and assets, supported by strong demand for online financial services and increased trading activities in the equity market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “With a diverse set of licenses, our internationalization strategy continues to progress nicely and is now a new driver for our growth. During the quarter we participated in eight IPOs, of which we underwrote three. For the full year we participated in 26 U.S. IPOs of Chinese-based companies and served as an underwriter in 14 of them. Our leadership position in underwriting for Chinese ADR issuers in the U.S. continued to yield significant benefits as it led to more IPO subscriptions being available to our retail clients. We also added 35 ESOP clients in the fourth quarter for a cumulative total of 124 clients. Despite having only started our ESOP business two years ago, we have been able to gain substantial market share due to the enhanced user experience of our system.”The company’s flagship trading app, Tiger Trade, has formed a closed-loop platform for trading, social networking, and financial media. By adding more investment tools and products such as grey market for Hong Kong IPOs, the firm continues to boost its brand recognition and retail client stickiness.“We are enthusiastic about the year ahead as we will continue to leverage our technological capabilities to build an integrated trading platform for global clients with a comprehensive product offering,” Wu added.Safe Harbor StatementThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}