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MacXzero
2023-03-05
Thanks for the insight
NIO: Still Bullish Over The Long Term After Earnings
MacXzero
2023-01-10
Ok
@时代财经:傳廣州限購區買房不認貸,銀行經理:政策影響較大,不確定是否執行
MacXzero
2023-01-04
Thanks for sharing
5 Ways to Position Your Portfolio for 2023
MacXzero
2023-01-03
Ok
@市值观察:漲停!民爆股爆了,新一輪大洗牌後誰能成爲真正巨頭?
MacXzero
2022-12-26
Thanks for sharing.
When Should Companies Buy Back Their Shares?
MacXzero
2022-12-24
Nice
4 REITs That Could Up Their DPU in 2023
MacXzero
2022-12-14
👍
Shopify Down 66% This Year; Is there Reason to Fear?
MacXzero
2022-12-12
$NIO Inc.(NIO)$
MacXzero
2022-12-11
$Amazon.com(AMZN)$
MacXzero
2022-12-10
$Taiwan Semiconductor Manufacturing(TSM)$
MacXzero
2022-12-09
$Sea Ltd(SE)$
MacXzero
2022-12-09
Great!
Nio to Install 20 Battery-Swapping Stations in EnBW Charging Parks
MacXzero
2022-12-08
$Taiwan Semiconductor Manufacturing(TSM)$
MacXzero
2022-12-07
$NIO Inc.(NIO)$
MacXzero
2022-12-06
$Amazon.com(AMZN)$
MacXzero
2022-12-06
Thanks for sharing.
NIO Is Taking Off - Buy The Bottom
MacXzero
2022-12-04
$Apple(AAPL)$
MacXzero
2022-12-03
Thanks
Why Now Is NOT the Time to Buy NIO Stock
MacXzero
2022-12-01
Thanks....looking good.
3 Reasons to Bet on Amazon in 2023
MacXzero
2022-12-01
Great!
TSMC Plans to Make More Advanced Chips in US at Urging of Apple
Go to Tiger App to see more news
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(NYSE: NIO), resulted in the EV maker to fall further out of favor with investors and analysts, as contracting margins and lower-than-expected short-term sales expectations were underwhelming to many.</p><p>NIO has transitioned from a high-flying, volatile trading stock, to a company that has a long-term vision in place that will take time to fully mature. I think the market has yet to catch up with that reality and continues to overly focus on the short-term performance of the company, when it needs to look at the patient strategy the company has laid out and is working toward executing on.</p><p>In regard to concerns about shrinking margins, I think the market overresponded to that because management very clearly explained the reasoning behind it, and why it believes it'll significantly improve by the latter part of calendar 2023.</p><p>As for disappointment over short-term delivery guidance, that is primarily related to the company transitioning to new product lines that should ramp up in the second half of 2023, and if the company executes on its plan, the market should respond positively to the increase in production and deliveries.</p><p>In this article, we'll look at some of its recent numbers, what impacted margins, the safest way to take a position in NIO, and why I remain very positive on the company over the long haul.</p><p><img src=\"https://static.tigerbbs.com/652d0bf1803200c0ed34a6da327983c6\" tg-width=\"640\" tg-height=\"320\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TradingView</p><p><b>Some of the numbers</b></p><p>Revenue in the fourth quarter of 2022 was $2.33 billion, missing by $230.00 million, but up 62.2 percent year-over-year. Total revenue for the full year 2022 was $7.14 billion, up 36.3 percent year-over-year.</p><p>Vehicle sales were $2.14 billion in the reporting period, climbing 60.2 percent in comparison to the fourth quarter of 2021. Full year 2022 vehicle sales came in at $6.6 billion, a gain of 37.2 percent over the full year 2021.</p><p>Vehicles delivered in the fourth quarter of 2022 were 40,052, an increase of 60 percent year-over-year, and up 26.7 percent sequentially. For the full year 2022, NIO delivered 122,486 vehicles, up 34 percent from the full year 2021. Management guided for 31,000 to 33,000 vehicles to be delivered in the first quarter of 2023, representing a potential increase in the range of 20.3 percent to 28.1 percent.</p><p>Total revenue for the first quarter of 2023 is projected to come in at a range of $1.58 billion to $1.67 billion, representing an increase of 10.2 percent to 16.5 percent year-over-year.</p><p>By most standards, those would be considered great numbers for most companies, but because expectations have been so high, they were taken as a negative by many investors and analysts; I'm not among them. Taking into consideration its growth strategy, I see them as being very favorable considering the transition to enhanced models at this time.</p><p>Gross profit in the fourth quarter was $90.1 million, down 63.4 percent year-over-year. Gross margin fell from 17.2 percent in the fourth quarter of 2021 to 3.9 percent in the fourth quarter of 2022.</p><p>Net loss in the reporting period was -$(847.7) million, or -$(0.51) per share.</p><p>At the end of calendar 2022, the company held Cash and cash equivalents, restricted cash, short-term investments, and long-term time deposits of $6.6 billion.</p><p><b>Vehicle margin</b></p><p>Vehicle margin was probably the most concerning and talked about concern from the fourth quarter earnings report, so it's worth looking a little deeper into the why of it. First, vehicle margin in the fourth quarter was 6.8 percent, down 16.4 percent sequentially, and down 20.9 percent from the fourth quarter of 2021.</p><p>The decline in vehicle margin was attributed to three things: "the increased inventory provisions, accelerated depreciation on production facilities, and the losses on purchase commitments for the existing generation of ES8, ES6, and EC6."</p><p>The transition to new generation ES8, ES6, EC6's had a detrimental impact on vehicle margin in the fourth quarter of 2022. With the new generation models expected to start being delivered in the second quarter of 2023, it's apparent consumers are holding off on buying the previous generation of the models, resulting in a 6.7 impact on vehicle margin. Without that impact, vehicle margin would have been 13.5 percent.</p><p>With the temporary, unfavorable mix, a larger number of lower-margin ET5s were sold, also putting downward pressure on margins.</p><p>In the first quarter of 2023 management expects there to be continual pressure on vehicle gross margin, primarily from the transition to the new generation models that will be built on its new NT2.0 platform.</p><p>Another related factor having an impact on vehicle margin is the additional costs associated with modifying the tooling on its production line at its Factory 1. That should start to improve after the first quarter modifications are completed. NIO CEO William Li said he is confident that the company will be able to bring vehicle gross margin back to a range of 18 percent to 20 percent by the end of 2023.</p><p>The catalysts he sees bringing that about are, the delivery of new generation models that come with higher vehicle gross margins, an increase in overall product deliveries in the third quarter, and a reduction in costs associated with the drop in prices of raw materials. With product deliveries increasing, the company expects the amortization rate related to fixed costs to improve along with that.</p><p><b>It's a long-term game</b></p><p>I think many investors and analysts aren't factoring in the long-term strategy NIO management is engaged in and is instead focusing too much on the short-term results of the company. That isn't anything new, but in the case of NIO, I think the market isn't taking into account the fact the company is releasing a lot of models over a relatively short period of time.</p><p>What normally happens under those circumstances is, in the near term, a company will experience a slowdown in growth because it takes time for the new models to take hold. In other words, focusing on only a small number of models usually results in faster short-term growth in a growth sector, while introducing a wider range of models normally results in it taking longer for the portfolio to gain traction.</p><p>So in the short term, a company can experience some pain because of higher costs and a reduction in sales when the market waits for the new models to be released. That's where NIO is at this time, and why, in my opinion, it's going through a lot of the pain it's currently going through, and why it appears to be underperforming in a disproportionate way.</p><p>How I've looked at the company for some time now is, it's laying a foundation for long-term growth, that once its production capacity increases, and it starts to deliver a strong portfolio of new models, it's going to take off in deliveries and sales, which could surprise the market at the pace it takes off once it has all the pieces in place. It appears that, by the end of 2023, the company should be close to running on all cylinders.</p><p><b>Conclusion</b></p><p>It wasn't surprising to see some analysts downgrade the stock after the latest earnings report, but that doesn't phase me at all when considering the very visible strategy the company has in place, and management's commitment to continue to execute on its plan.</p><p>With the short-term headwinds remaining in play, and uncertainty as to how the market will respond when the numbers come out for the first quarter of 2023, I see the safest way to play NIO for investors considering taking a position, is to dollar-cost average on a consistent basis, and be sure to be disciplined in position sizing.</p><p>Since the share price was recently near its 52-week low of $8.375, it represents an excellent entry point for those incorporating a dollar-cost average investment strategy. I think the stock could fall further if the first quarter numbers are worse than expected, but that's not a guarantee. For that reason, taking a position at these price levels make sense, and in fact, limits the upside risk for investors that have the potential to lower their cost basis over time if the stock does drop further.</p><p>The EV market is going to continue to grow, and I believe NIO is going to be a solid performer in the market over the long haul. It's positioning itself well to compete for different demographics at various price points, and once it launches its various products throughout 2023, especially in the second half, I think it's going to be on the way to fulfilling the potential it has.</p><p>Because I believe the company is in it for the long term and has a solid business plan, I consider it a set-it-and-forget-it holding that I no longer watch on a daily basis like I did in the past when the volatility provided great swing trade and day trade opportunities.</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>NIO: Still Bullish Over The Long Term After Earnings</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\">\nNIO: Still Bullish Over The Long Term After Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-05 10:34 GMT+8 <a href=https://seekingalpha.com/article/4584463-nio-still-bullish-over-the-long-term-after-earnings><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIt appears to me that concerns over margins are overstated - the company very clearly laid out why margin contracted and why it believes it's only temporary.The decision to release a number of ...</p>\n\n<a href=\"https://seekingalpha.com/article/4584463-nio-still-bullish-over-the-long-term-after-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"https://seekingalpha.com/article/4584463-nio-still-bullish-over-the-long-term-after-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1165421317","content_text":"SummaryIt appears to me that concerns over margins are overstated - the company very clearly laid out why margin contracted and why it believes it's only temporary.The decision to release a number of products over a relatively short period of time is having a negative impact in the short term, but over time, it should pay off.The long-term strategy of management, in my view, is highly underrated.Disciplined position sizing and dollar-cost averaging are the way to play NIO at this time.The latest earnings numbers from NIO Inc. (NYSE: NIO), resulted in the EV maker to fall further out of favor with investors and analysts, as contracting margins and lower-than-expected short-term sales expectations were underwhelming to many.NIO has transitioned from a high-flying, volatile trading stock, to a company that has a long-term vision in place that will take time to fully mature. I think the market has yet to catch up with that reality and continues to overly focus on the short-term performance of the company, when it needs to look at the patient strategy the company has laid out and is working toward executing on.In regard to concerns about shrinking margins, I think the market overresponded to that because management very clearly explained the reasoning behind it, and why it believes it'll significantly improve by the latter part of calendar 2023.As for disappointment over short-term delivery guidance, that is primarily related to the company transitioning to new product lines that should ramp up in the second half of 2023, and if the company executes on its plan, the market should respond positively to the increase in production and deliveries.In this article, we'll look at some of its recent numbers, what impacted margins, the safest way to take a position in NIO, and why I remain very positive on the company over the long haul.TradingViewSome of the numbersRevenue in the fourth quarter of 2022 was $2.33 billion, missing by $230.00 million, but up 62.2 percent year-over-year. Total revenue for the full year 2022 was $7.14 billion, up 36.3 percent year-over-year.Vehicle sales were $2.14 billion in the reporting period, climbing 60.2 percent in comparison to the fourth quarter of 2021. Full year 2022 vehicle sales came in at $6.6 billion, a gain of 37.2 percent over the full year 2021.Vehicles delivered in the fourth quarter of 2022 were 40,052, an increase of 60 percent year-over-year, and up 26.7 percent sequentially. For the full year 2022, NIO delivered 122,486 vehicles, up 34 percent from the full year 2021. Management guided for 31,000 to 33,000 vehicles to be delivered in the first quarter of 2023, representing a potential increase in the range of 20.3 percent to 28.1 percent.Total revenue for the first quarter of 2023 is projected to come in at a range of $1.58 billion to $1.67 billion, representing an increase of 10.2 percent to 16.5 percent year-over-year.By most standards, those would be considered great numbers for most companies, but because expectations have been so high, they were taken as a negative by many investors and analysts; I'm not among them. Taking into consideration its growth strategy, I see them as being very favorable considering the transition to enhanced models at this time.Gross profit in the fourth quarter was $90.1 million, down 63.4 percent year-over-year. Gross margin fell from 17.2 percent in the fourth quarter of 2021 to 3.9 percent in the fourth quarter of 2022.Net loss in the reporting period was -$(847.7) million, or -$(0.51) per share.At the end of calendar 2022, the company held Cash and cash equivalents, restricted cash, short-term investments, and long-term time deposits of $6.6 billion.Vehicle marginVehicle margin was probably the most concerning and talked about concern from the fourth quarter earnings report, so it's worth looking a little deeper into the why of it. First, vehicle margin in the fourth quarter was 6.8 percent, down 16.4 percent sequentially, and down 20.9 percent from the fourth quarter of 2021.The decline in vehicle margin was attributed to three things: \"the increased inventory provisions, accelerated depreciation on production facilities, and the losses on purchase commitments for the existing generation of ES8, ES6, and EC6.\"The transition to new generation ES8, ES6, EC6's had a detrimental impact on vehicle margin in the fourth quarter of 2022. With the new generation models expected to start being delivered in the second quarter of 2023, it's apparent consumers are holding off on buying the previous generation of the models, resulting in a 6.7 impact on vehicle margin. Without that impact, vehicle margin would have been 13.5 percent.With the temporary, unfavorable mix, a larger number of lower-margin ET5s were sold, also putting downward pressure on margins.In the first quarter of 2023 management expects there to be continual pressure on vehicle gross margin, primarily from the transition to the new generation models that will be built on its new NT2.0 platform.Another related factor having an impact on vehicle margin is the additional costs associated with modifying the tooling on its production line at its Factory 1. That should start to improve after the first quarter modifications are completed. NIO CEO William Li said he is confident that the company will be able to bring vehicle gross margin back to a range of 18 percent to 20 percent by the end of 2023.The catalysts he sees bringing that about are, the delivery of new generation models that come with higher vehicle gross margins, an increase in overall product deliveries in the third quarter, and a reduction in costs associated with the drop in prices of raw materials. With product deliveries increasing, the company expects the amortization rate related to fixed costs to improve along with that.It's a long-term gameI think many investors and analysts aren't factoring in the long-term strategy NIO management is engaged in and is instead focusing too much on the short-term results of the company. That isn't anything new, but in the case of NIO, I think the market isn't taking into account the fact the company is releasing a lot of models over a relatively short period of time.What normally happens under those circumstances is, in the near term, a company will experience a slowdown in growth because it takes time for the new models to take hold. In other words, focusing on only a small number of models usually results in faster short-term growth in a growth sector, while introducing a wider range of models normally results in it taking longer for the portfolio to gain traction.So in the short term, a company can experience some pain because of higher costs and a reduction in sales when the market waits for the new models to be released. That's where NIO is at this time, and why, in my opinion, it's going through a lot of the pain it's currently going through, and why it appears to be underperforming in a disproportionate way.How I've looked at the company for some time now is, it's laying a foundation for long-term growth, that once its production capacity increases, and it starts to deliver a strong portfolio of new models, it's going to take off in deliveries and sales, which could surprise the market at the pace it takes off once it has all the pieces in place. It appears that, by the end of 2023, the company should be close to running on all cylinders.ConclusionIt wasn't surprising to see some analysts downgrade the stock after the latest earnings report, but that doesn't phase me at all when considering the very visible strategy the company has in place, and management's commitment to continue to execute on its plan.With the short-term headwinds remaining in play, and uncertainty as to how the market will respond when the numbers come out for the first quarter of 2023, I see the safest way to play NIO for investors considering taking a position, is to dollar-cost average on a consistent basis, and be sure to be disciplined in position sizing.Since the share price was recently near its 52-week low of $8.375, it represents an excellent entry point for those incorporating a dollar-cost average investment strategy. I think the stock could fall further if the first quarter numbers are worse than expected, but that's not a guarantee. For that reason, taking a position at these price levels make sense, and in fact, limits the upside risk for investors that have the potential to lower their cost basis over time if the stock does drop further.The EV market is going to continue to grow, and I believe NIO is going to be a solid performer in the market over the long haul. It's positioning itself well to compete for different demographics at various price points, and once it launches its various products throughout 2023, especially in the second half, I think it's going to be on the way to fulfilling the potential it has.Because I believe the company is in it for the long term and has a solid business plan, I consider it a set-it-and-forget-it holding that I no longer watch on a daily basis like I did in the past when the volatility provided great swing trade and day trade opportunities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953754411,"gmtCreate":1673341974533,"gmtModify":1676538820693,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953754411","repostId":"628519389","repostType":1,"repost":{"id":628519389,"gmtCreate":1673336412000,"gmtModify":1676538820170,"author":{"id":"3578460021109326","authorId":"3578460021109326","name":"时代财经","avatar":"https://static.tigerbbs.com/91c2175656a070c51747405cb8325278","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"傳廣州限購區買房不認貸,銀行經理:政策影響較大,不確定是否執行","htmlText":"本文來源:時代財經 作者:陳澤旋 圖片來源:圖蟲創意 1月9日晚,市場傳言廣州調整住房按揭貸款的多項認定條件。具體包括:個別銀行取消了對豪宅線的界定,所購住宅面積大於144平方米的購房者,在申請房貸時可按普通住宅政策進行;在限購區域無房、有房貸記錄但已結清的購房者,只需支付三成首付;在增城、從化等不限購區域擁有住房的購房者,在限購區域買房時可按無房政策申請房貸。 捲入此次傳言的爲民生銀行。時代財經以購房者的身份向民生銀行某支行個貸經理覈實上述消息的真實性,該個貸經理表示,由於政策影響較大,目前仍處於研討階段,尚未向外界正式公佈,也不能確定將來是否執行。 此外,包括工商銀行、農業銀行、中國銀行、建設銀行、招商銀行在內的多家主流銀行的個貸經理表示,目前所在行未在廣州執行上述政策。 據南方+報道,一家國有大行相關負責人稱,該消息傳出來後,金融主管部門負責人已向各家銀行重申廣州的住房信貸政策沒有變化,要求各家銀行不可自行突破。 按照原本的房貸政策,面積超過144平方米的住宅在廣州屬於非普通住房,購房家庭只要有房貸記錄無論是否結清,購房均需支付七成首付。 值得一提的是,廣東全省對普通住房的標準自2005年開始實施至今。根據《廣東省建設廳關於確定我省普通住房標準的通知》,小區建築容積率在1.0以上、單套住房套內建築面積120平方米以下或單套住房建築面積144平方米以下、實際成交價格低於同級別土地上住房平均交易價格的1.44倍以下的住房,劃爲普通住房,不符合該標準的爲非普通住房。由於非普通住房往往總價較高,關於普通住房、非普通住房的認定標準在市場間被稱爲“豪宅線”。 原本的房貸政策還規定,購房家庭在廣州全市範圍內無房,有貸款記錄但已結清時購房普通住房需支付4成首付,未結清者支付7成;擁有1套住房,再次購買普通住房時房貸已結清者支付5成首付,未結清者支付7成首付;而擁有2套住房的購房家庭","listText":"本文來源:時代財經 作者:陳澤旋 圖片來源:圖蟲創意 1月9日晚,市場傳言廣州調整住房按揭貸款的多項認定條件。具體包括:個別銀行取消了對豪宅線的界定,所購住宅面積大於144平方米的購房者,在申請房貸時可按普通住宅政策進行;在限購區域無房、有房貸記錄但已結清的購房者,只需支付三成首付;在增城、從化等不限購區域擁有住房的購房者,在限購區域買房時可按無房政策申請房貸。 捲入此次傳言的爲民生銀行。時代財經以購房者的身份向民生銀行某支行個貸經理覈實上述消息的真實性,該個貸經理表示,由於政策影響較大,目前仍處於研討階段,尚未向外界正式公佈,也不能確定將來是否執行。 此外,包括工商銀行、農業銀行、中國銀行、建設銀行、招商銀行在內的多家主流銀行的個貸經理表示,目前所在行未在廣州執行上述政策。 據南方+報道,一家國有大行相關負責人稱,該消息傳出來後,金融主管部門負責人已向各家銀行重申廣州的住房信貸政策沒有變化,要求各家銀行不可自行突破。 按照原本的房貸政策,面積超過144平方米的住宅在廣州屬於非普通住房,購房家庭只要有房貸記錄無論是否結清,購房均需支付七成首付。 值得一提的是,廣東全省對普通住房的標準自2005年開始實施至今。根據《廣東省建設廳關於確定我省普通住房標準的通知》,小區建築容積率在1.0以上、單套住房套內建築面積120平方米以下或單套住房建築面積144平方米以下、實際成交價格低於同級別土地上住房平均交易價格的1.44倍以下的住房,劃爲普通住房,不符合該標準的爲非普通住房。由於非普通住房往往總價較高,關於普通住房、非普通住房的認定標準在市場間被稱爲“豪宅線”。 原本的房貸政策還規定,購房家庭在廣州全市範圍內無房,有貸款記錄但已結清時購房普通住房需支付4成首付,未結清者支付7成;擁有1套住房,再次購買普通住房時房貸已結清者支付5成首付,未結清者支付7成首付;而擁有2套住房的購房家庭","text":"本文來源:時代財經 作者:陳澤旋 圖片來源:圖蟲創意 1月9日晚,市場傳言廣州調整住房按揭貸款的多項認定條件。具體包括:個別銀行取消了對豪宅線的界定,所購住宅面積大於144平方米的購房者,在申請房貸時可按普通住宅政策進行;在限購區域無房、有房貸記錄但已結清的購房者,只需支付三成首付;在增城、從化等不限購區域擁有住房的購房者,在限購區域買房時可按無房政策申請房貸。 捲入此次傳言的爲民生銀行。時代財經以購房者的身份向民生銀行某支行個貸經理覈實上述消息的真實性,該個貸經理表示,由於政策影響較大,目前仍處於研討階段,尚未向外界正式公佈,也不能確定將來是否執行。 此外,包括工商銀行、農業銀行、中國銀行、建設銀行、招商銀行在內的多家主流銀行的個貸經理表示,目前所在行未在廣州執行上述政策。 據南方+報道,一家國有大行相關負責人稱,該消息傳出來後,金融主管部門負責人已向各家銀行重申廣州的住房信貸政策沒有變化,要求各家銀行不可自行突破。 按照原本的房貸政策,面積超過144平方米的住宅在廣州屬於非普通住房,購房家庭只要有房貸記錄無論是否結清,購房均需支付七成首付。 值得一提的是,廣東全省對普通住房的標準自2005年開始實施至今。根據《廣東省建設廳關於確定我省普通住房標準的通知》,小區建築容積率在1.0以上、單套住房套內建築面積120平方米以下或單套住房建築面積144平方米以下、實際成交價格低於同級別土地上住房平均交易價格的1.44倍以下的住房,劃爲普通住房,不符合該標準的爲非普通住房。由於非普通住房往往總價較高,關於普通住房、非普通住房的認定標準在市場間被稱爲“豪宅線”。 原本的房貸政策還規定,購房家庭在廣州全市範圍內無房,有貸款記錄但已結清時購房普通住房需支付4成首付,未結清者支付7成;擁有1套住房,再次購買普通住房時房貸已結清者支付5成首付,未結清者支付7成首付;而擁有2套住房的購房家庭","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/628519389","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950494468,"gmtCreate":1672801420354,"gmtModify":1676538739536,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Thanks for sharing ","listText":"Thanks for sharing ","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950494468","repostId":"1107282548","repostType":2,"repost":{"id":"1107282548","pubTimestamp":1672797752,"share":"https://www.laohu8.com/m/news/1107282548?lang=&edition=full","pubTime":"2023-01-04 10:02","market":"sg","language":"en","title":"5 Ways to Position Your Portfolio for 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1107282548","media":"The Smart Investor","summary":"As 2022 draws to a close, there is no shortage of commentary about what a turbulent year it has been","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/cd2195a0963e28be0ee1da4d645e9172\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>As 2022 draws to a close, there is no shortage of commentary about what a turbulent year it has been.</p><p>The mood turned bearish around March when the US Federal Reserve hiked interest rates for the first time in three years as inflation came in hotter than expected.</p><p>Initially, the stock market did not react strongly to this move.</p><p>However, with inflation hitting four-decade highs, the US central bank responded aggressively.</p><p>Within nine months, interest rates were raised to their highest level in 15 years as the Fed’s aggressive rate hikes brought the benchmark rate to between 4.25% and 4.5%.</p><p>The steep rise left its mark.</p><p>As of the date of writing, the NASDAQ and S&P 500 Indices had fallen by over 33% and 20%, respectively, pushing both into bear market territory.</p><p>Investors, at this point, may be wondering what’s in store for 2023.</p><p>The Federal Reserve has committed to raising interest rates further, possibly to above 5.1%, to continue to quell runaway inflation.</p><p>Elsewhere, experts are pencilling in the possibility of a recession in the US while analysts are projecting a fall in corporate earnings as we head into the New Year.</p><p>It’s going to be a tough year to navigate the markets, but here are five ways you can position your portfolio so that you can weather this storm.</p><h2><b>1. Businesses with pricing power</b></h2><p>Inflation is a headache for consumers and businesses alike.</p><p>But it’s easy to forget that businesses with strong brands can charge higher prices to offset this inflation without suffering a fall in demand.</p><p>Such businesses have what is known as “pricing power” as they hold the dominant mind-share of customers within their respective industries.</p><p>By loading up on shares of such stocks, they can help you offset the effects of inflation.</p><p>Take <b>VICOM</b>(SGX: WJP) for instance.</p><p>The vehicle inspection company has a market share of close to 75% and had just raised its car inspection prices on 1 November by 5% from S$64.20 to S$67.41.</p><p>With vehicle inspection being a mandatory requirement, vehicle owners will be unable to dodge this price increase.</p><p>VICOM should therefore not expect inspection volumes to fall.</p><p>For another example, coffee chain <b>Starbucks</b>(NASDAQ: SBUX), which operates around 35,000 outlets worldwide, saw its revenue for fiscal 2022 (ending 30 September) rise 11% year on year to a record US$32.3 billion.</p><p>On the company’s earnings call, it mentioned that prices have increased by 6% and yet it has not seen a corresponding fall in customer loyalty or transactions.</p><p>Cruise company <b>Norwegian Cruise Lines</b>(NYSE: NCLH) has also raised its prices to pass on higher costs to its customers, while the owner of SPAM, <b>Hormel Foods</b>(NYSE: HRL), is also targeting price increases as it grapples with inflation.</p><p>These US companies managed to raise their prices to counteract the effects of high inflation and with their strong market positions, investors can be confident that they can continue to do so.</p><h2><b>2. No or low debt</b></h2><p>Surging interest rates are a bane for homeowners as mortgage loans become more expensive.</p><p>For corporations with debt, higher rates also mean increased borrowing costs that eat into profits.</p><p>Investors, though, can eschew debt-heavy companies in favour of those with either low or no debt.</p><p>Businesses with little or zero debt are safe from rising interest rates and will not suffer the same level of financial stress as companies stuffed with loans.</p><p><b>VICOM</b> is in the spotlight once again for this attribute.</p><p>The company has a clean balance sheet with S$58.7 million of cash with zero debt as of 30 September.</p><p>Human resource company <b>HRNetGroup</b>(SGX: CHZ) is another cash-rich company with S$312.7 million of cash and no debt as of 30 June.</p><p>Meanwhile, <b>Micro-Mechanics (Holdings)</b>(SGX: 5DD), a designer and manufacturer of parts and tools used to assemble semiconductors, was sitting on S$25.3 million of cash and had no debt as of 30 September.</p><p>For something more familiar, your favourite curry puff seller, <b>Old Chang Kee</b>(SGX: 5ML), held S$30.1 million of cash with just S$4.7 million of borrowings for its latest half-year results.</p><h2><b>3. Recession-proofing your portfolio</b></h2><p>A recession could be on the cards for Singapore in 2023.</p><p>Rather than feeling worried, investors should treat recessions as a normal part of the economic cycle and not feel fearful.</p><p>Such events should be viewed as opportunities to scoop up shares of solid businesses that have been beaten down.</p><p>But if you’re worried as to whether a recession will adversely impact your investments, it’s a good idea to stick with tried and tested blue-chip names.</p><p>Yes, I am talking about stocks such as the three local banks <b>DBS Group</b>(SGX: D05), <b>United Overseas Bank</b>(SGX: U11) and <b>OCBC Ltd</b>(SGX: O39).</p><p>These banks have been through numerous boom and bust cycles over the decades and have weathered these crises just fine.</p><p><b>Singapore Exchange Limited</b>(SGX: S68) is another solid business as it has a natural monopoly, being the only bourse operator here.</p><p>These four stocks also pay out healthy dividends that can provide you with a stream of passive income as you wait for the storm clouds to clear up.</p><p>Meanwhile, you can also pepper your portfolio with recession-resistant companies.</p><p><b>Sheng Siong</b>(SGX: OV8) is a supermarket retailer with 66 stores that provide a comprehensive range of food products, household items and necessities.</p><p><b>Raffles Medical Group</b>(SGX: BSL) and <b>Q&M Dental Group</b>(SGX: QC7) should also see steady demand during a downturn as both companies provide essential medical and dental services, respectively.</p><h2><b>4. Resilient US growth stocks</b></h2><p>US indices have suffered a sharp fall this year but there are still businesses there that continue to thrive.</p><p><b>Visa</b>(NYSE: V) reported a strong set of earnings for its fiscal 2022, with revenue rising 22% year on year to US$29.3 billion and net profit climbing 21% year on year to US$14.9 billion.</p><p>Despite the pandemic, yoga apparel maker <b>Lululemon</b>(NASDAQ: LULU) saw its revenue climb from US$3.98 billion to US$6.26 billion from 2020 to 2022 (the company has a January year-end).</p><p>In addition, net profit increased from US$645.6 million to US$975.3 million over the same period.</p><p>It pays to be selective and focus on businesses that generate healthy profits and continued free cash flow as these can enable them to better tide through tough times.</p><h2><b>5. Keeping cash handy</b></h2><p>Finally, you should always keep a reasonable stash of cash to act as an opportunity fund.</p><p>As the saying goes – you can’t predict, but you can prepare.</p><p>No one knows how markets will fare next year as there are too many moving parts at play.</p><p>Therefore, it’s useful to keep cash handy to take advantage of any sharp sell-downs so that you can pick up your favourite stocks.</p><p>Here’s wishing everyone a Happy New Year and may your investments turn out to be fruitful!</p></body></html>","source":"lsy1602567310727","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>5 Ways to Position Your Portfolio for 2023</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\">\n5 Ways to Position Your Portfolio for 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 10:02 GMT+8 <a href=https://thesmartinvestor.com.sg/5-ways-to-position-your-portfolio-for-2023/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As 2022 draws to a close, there is no shortage of commentary about what a turbulent year it has been.The mood turned bearish around March when the US Federal Reserve hiked interest rates for the first...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/5-ways-to-position-your-portfolio-for-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股","U11.SI":"大华银行","O39.SI":"华侨银行"},"source_url":"https://thesmartinvestor.com.sg/5-ways-to-position-your-portfolio-for-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107282548","content_text":"As 2022 draws to a close, there is no shortage of commentary about what a turbulent year it has been.The mood turned bearish around March when the US Federal Reserve hiked interest rates for the first time in three years as inflation came in hotter than expected.Initially, the stock market did not react strongly to this move.However, with inflation hitting four-decade highs, the US central bank responded aggressively.Within nine months, interest rates were raised to their highest level in 15 years as the Fed’s aggressive rate hikes brought the benchmark rate to between 4.25% and 4.5%.The steep rise left its mark.As of the date of writing, the NASDAQ and S&P 500 Indices had fallen by over 33% and 20%, respectively, pushing both into bear market territory.Investors, at this point, may be wondering what’s in store for 2023.The Federal Reserve has committed to raising interest rates further, possibly to above 5.1%, to continue to quell runaway inflation.Elsewhere, experts are pencilling in the possibility of a recession in the US while analysts are projecting a fall in corporate earnings as we head into the New Year.It’s going to be a tough year to navigate the markets, but here are five ways you can position your portfolio so that you can weather this storm.1. Businesses with pricing powerInflation is a headache for consumers and businesses alike.But it’s easy to forget that businesses with strong brands can charge higher prices to offset this inflation without suffering a fall in demand.Such businesses have what is known as “pricing power” as they hold the dominant mind-share of customers within their respective industries.By loading up on shares of such stocks, they can help you offset the effects of inflation.Take VICOM(SGX: WJP) for instance.The vehicle inspection company has a market share of close to 75% and had just raised its car inspection prices on 1 November by 5% from S$64.20 to S$67.41.With vehicle inspection being a mandatory requirement, vehicle owners will be unable to dodge this price increase.VICOM should therefore not expect inspection volumes to fall.For another example, coffee chain Starbucks(NASDAQ: SBUX), which operates around 35,000 outlets worldwide, saw its revenue for fiscal 2022 (ending 30 September) rise 11% year on year to a record US$32.3 billion.On the company’s earnings call, it mentioned that prices have increased by 6% and yet it has not seen a corresponding fall in customer loyalty or transactions.Cruise company Norwegian Cruise Lines(NYSE: NCLH) has also raised its prices to pass on higher costs to its customers, while the owner of SPAM, Hormel Foods(NYSE: HRL), is also targeting price increases as it grapples with inflation.These US companies managed to raise their prices to counteract the effects of high inflation and with their strong market positions, investors can be confident that they can continue to do so.2. No or low debtSurging interest rates are a bane for homeowners as mortgage loans become more expensive.For corporations with debt, higher rates also mean increased borrowing costs that eat into profits.Investors, though, can eschew debt-heavy companies in favour of those with either low or no debt.Businesses with little or zero debt are safe from rising interest rates and will not suffer the same level of financial stress as companies stuffed with loans.VICOM is in the spotlight once again for this attribute.The company has a clean balance sheet with S$58.7 million of cash with zero debt as of 30 September.Human resource company HRNetGroup(SGX: CHZ) is another cash-rich company with S$312.7 million of cash and no debt as of 30 June.Meanwhile, Micro-Mechanics (Holdings)(SGX: 5DD), a designer and manufacturer of parts and tools used to assemble semiconductors, was sitting on S$25.3 million of cash and had no debt as of 30 September.For something more familiar, your favourite curry puff seller, Old Chang Kee(SGX: 5ML), held S$30.1 million of cash with just S$4.7 million of borrowings for its latest half-year results.3. Recession-proofing your portfolioA recession could be on the cards for Singapore in 2023.Rather than feeling worried, investors should treat recessions as a normal part of the economic cycle and not feel fearful.Such events should be viewed as opportunities to scoop up shares of solid businesses that have been beaten down.But if you’re worried as to whether a recession will adversely impact your investments, it’s a good idea to stick with tried and tested blue-chip names.Yes, I am talking about stocks such as the three local banks DBS Group(SGX: D05), United Overseas Bank(SGX: U11) and OCBC Ltd(SGX: O39).These banks have been through numerous boom and bust cycles over the decades and have weathered these crises just fine.Singapore Exchange Limited(SGX: S68) is another solid business as it has a natural monopoly, being the only bourse operator here.These four stocks also pay out healthy dividends that can provide you with a stream of passive income as you wait for the storm clouds to clear up.Meanwhile, you can also pepper your portfolio with recession-resistant companies.Sheng Siong(SGX: OV8) is a supermarket retailer with 66 stores that provide a comprehensive range of food products, household items and necessities.Raffles Medical Group(SGX: BSL) and Q&M Dental Group(SGX: QC7) should also see steady demand during a downturn as both companies provide essential medical and dental services, respectively.4. Resilient US growth stocksUS indices have suffered a sharp fall this year but there are still businesses there that continue to thrive.Visa(NYSE: V) reported a strong set of earnings for its fiscal 2022, with revenue rising 22% year on year to US$29.3 billion and net profit climbing 21% year on year to US$14.9 billion.Despite the pandemic, yoga apparel maker Lululemon(NASDAQ: LULU) saw its revenue climb from US$3.98 billion to US$6.26 billion from 2020 to 2022 (the company has a January year-end).In addition, net profit increased from US$645.6 million to US$975.3 million over the same period.It pays to be selective and focus on businesses that generate healthy profits and continued free cash flow as these can enable them to better tide through tough times.5. Keeping cash handyFinally, you should always keep a reasonable stash of cash to act as an opportunity fund.As the saying goes – you can’t predict, but you can prepare.No one knows how markets will fare next year as there are too many moving parts at play.Therefore, it’s useful to keep cash handy to take advantage of any sharp sell-downs so that you can pick up your favourite stocks.Here’s wishing everyone a Happy New Year and may your investments turn out to be fruitful!","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950873519,"gmtCreate":1672731068831,"gmtModify":1676538727217,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950873519","repostId":"621771613","repostType":1,"repost":{"id":621771613,"gmtCreate":1672729087934,"gmtModify":1676538727101,"author":{"id":"3570081676918603","authorId":"3570081676918603","name":"市值观察","avatar":"https://static.tigerbbs.com/2ece02f8b6e557cbb0666cdb9048ec85","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"漲停!民爆股爆了,新一輪大洗牌後誰能成爲真正巨頭?","htmlText":" 作者:泰羅,編輯:小市妹 1月3日,節後第一天A股民爆板塊一改向下調整姿態,南嶺民爆、高爭民爆漲停、國泰集團、雪峯科技、保利聯合、金奧博、壺化股份、同德化工等都紛紛大漲。 資本市場是對預期的折現反映,根據中國爆破器材行業協會數據:2021年中國民爆生產企業生產總值及銷售總值均有增長,生產總值達344.38億元,銷售總值爲346.03億元。百億“擂臺”上,曾涌進了400多個玩家;擁有決賽圈實力(一級資質企業)的佔比不到9%;八成以上實力弱小,80%爲中小民營企業,生產規模小、裝備及技術能力低。▲2014-2020年我國民爆行業生產總值情況,數據來源:觀研天下 一邊是過度競爭,參與者過多;而另一邊,民爆行業可以說是一門“看天吃飯”的生意。 民爆對採礦和基建的依賴性很強,這兩個行業的景氣程度與宏觀經濟狀密切相關,所以經濟週期波動,以及礦業、基建的景氣度對民爆行業影響巨大。 2014年行業生產總值爲330億元,隨後隨着經濟週期開始下滑,直到2020年才超過2014年的水平。 2019年民爆企業生產總值爲332.49億元,同比增幅爲9.95%;2020年爲335.88億元,同比增速已下滑至1.02%。 作爲世界第二大經濟體,我國對高端民爆產品的需求持續旺盛,軌道交通、水電等行業又不斷催生新的需求,與此同時,民爆和機器人產業的融合前景廣闊。 &nbs","listText":" 作者:泰羅,編輯:小市妹 1月3日,節後第一天A股民爆板塊一改向下調整姿態,南嶺民爆、高爭民爆漲停、國泰集團、雪峯科技、保利聯合、金奧博、壺化股份、同德化工等都紛紛大漲。 資本市場是對預期的折現反映,根據中國爆破器材行業協會數據:2021年中國民爆生產企業生產總值及銷售總值均有增長,生產總值達344.38億元,銷售總值爲346.03億元。百億“擂臺”上,曾涌進了400多個玩家;擁有決賽圈實力(一級資質企業)的佔比不到9%;八成以上實力弱小,80%爲中小民營企業,生產規模小、裝備及技術能力低。▲2014-2020年我國民爆行業生產總值情況,數據來源:觀研天下 一邊是過度競爭,參與者過多;而另一邊,民爆行業可以說是一門“看天吃飯”的生意。 民爆對採礦和基建的依賴性很強,這兩個行業的景氣程度與宏觀經濟狀密切相關,所以經濟週期波動,以及礦業、基建的景氣度對民爆行業影響巨大。 2014年行業生產總值爲330億元,隨後隨着經濟週期開始下滑,直到2020年才超過2014年的水平。 2019年民爆企業生產總值爲332.49億元,同比增幅爲9.95%;2020年爲335.88億元,同比增速已下滑至1.02%。 作爲世界第二大經濟體,我國對高端民爆產品的需求持續旺盛,軌道交通、水電等行業又不斷催生新的需求,與此同時,民爆和機器人產業的融合前景廣闊。 &nbs","text":"作者:泰羅,編輯:小市妹 1月3日,節後第一天A股民爆板塊一改向下調整姿態,南嶺民爆、高爭民爆漲停、國泰集團、雪峯科技、保利聯合、金奧博、壺化股份、同德化工等都紛紛大漲。 資本市場是對預期的折現反映,根據中國爆破器材行業協會數據:2021年中國民爆生產企業生產總值及銷售總值均有增長,生產總值達344.38億元,銷售總值爲346.03億元。百億“擂臺”上,曾涌進了400多個玩家;擁有決賽圈實力(一級資質企業)的佔比不到9%;八成以上實力弱小,80%爲中小民營企業,生產規模小、裝備及技術能力低。▲2014-2020年我國民爆行業生產總值情況,數據來源:觀研天下 一邊是過度競爭,參與者過多;而另一邊,民爆行業可以說是一門“看天吃飯”的生意。 民爆對採礦和基建的依賴性很強,這兩個行業的景氣程度與宏觀經濟狀密切相關,所以經濟週期波動,以及礦業、基建的景氣度對民爆行業影響巨大。 2014年行業生產總值爲330億元,隨後隨着經濟週期開始下滑,直到2020年才超過2014年的水平。 2019年民爆企業生產總值爲332.49億元,同比增幅爲9.95%;2020年爲335.88億元,同比增速已下滑至1.02%。 作爲世界第二大經濟體,我國對高端民爆產品的需求持續旺盛,軌道交通、水電等行業又不斷催生新的需求,與此同時,民爆和機器人產業的融合前景廣闊。 &nbs","images":[{"img":"https://static.tigerbbs.com/1371316f228e33bc5880e46a6abdc711","width":"632","height":"375"},{"img":"https://static.tigerbbs.com/75e9e433bdb43407522b8af4240e2ad9","width":"632","height":"360"},{"img":"https://static.tigerbbs.com/67f54a261ea00c3802cb6a0bf8def180","width":"632","height":"363"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/621771613","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925222974,"gmtCreate":1672041136298,"gmtModify":1676538625952,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Thanks for sharing.","listText":"Thanks for sharing.","text":"Thanks for sharing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925222974","repostId":"1124213864","repostType":2,"repost":{"id":"1124213864","pubTimestamp":1672039120,"share":"https://www.laohu8.com/m/news/1124213864?lang=&edition=full","pubTime":"2022-12-26 15:18","market":"us","language":"en","title":"When Should Companies Buy Back Their Shares?","url":"https://stock-news.laohu8.com/highlight/detail?id=1124213864","media":"The Smart Investor","summary":"Stocks have taken a beating this year, to say the least. The S&P 500 is down around 19% year-to-date","content":"<html><head></head><body><p>Stocks have taken a beating this year, to say the least. The S&P 500 is down around 19% year-to-date while the NASDAQ has slumped by around 30%. Many high-growth stocks have fallen even harder than that and it is not uncommon to find stocks that are down more than 80% this year.</p><p>While these declines are painful, a downturn in stock prices does provide a potential upside: The opportunity to conduct cheap buybacks. Low stock prices mean that companies can buy back their shares at relatively cheaper levels. When done at the right prices, share buybacks can be highly value-accretive for a company’s shareholders.</p><h3>Measuring the impact of share buybacks</h3><p>Buybacks reduce the number of shares outstanding. A company’s future cash flows are, hence, divided between fewer shares, leading to more cash flow per share in the future. But it comes at a cost. The cash that’s used to buy back stock could have been used to pay a dividend to shareholders instead. So how do share buybacks impact the long-term shareholder?</p><p>To better appreciate what happens when a company buys back its own stock, let’s examine a simple example. Let’s assume that Company A generates $100 in free cash flow per year for 10 years before it stops operating. The company has 100 shares outstanding, so it essentially generates $1 per share in free cash flow for 10 years. Let’s imagine two different scenarios.</p><p>In Scenario 1, Company A decides to pay all its free cash flow to shareholders each year. Hence, shareholders will receive $1 per share in dividends each year for 10 years. In Scenario 2, Company A decides that it wants to buy back its shares after the first year. Let’s say its stock price is $5. Therefore, Company A can use its $100 in free cash flow in year 1 to buy back and retire 20 shares, leaving just 80 shares outstanding. From year 2 onwards, Company A decides that it will start returning its cash flow to shareholders through dividends. The table below shows the dividends received by shareholders in the two different scenarios.</p><p><img src=\"https://static.tigerbbs.com/ba2826542212cf4ddcaab1c1e86e3b9f\" tg-width=\"606\" tg-height=\"152\" width=\"100%\" height=\"auto\"/>In scenario 1, shareholders were paid $1 per share every year starting from the end of the first year. In scenario 2, shareholders were not paid a dividend at the end of the first year, but were paid more for each subsequent year.</p><p>We can measure the present value of the two streams of dividends using a discounted cash flow analysis. Using a 10% discount rate, the dividends in Scenarios 1 and 2 have a net present value of $6.14 and $6.54, per share, respectively. In Scenario 2, shareholders were rewarded with better value over the 10 year period even though they had to wait longer before they could receive dividends.</p><h3>When buybacks destroy value</h3><p>In the earlier example, Company A created value for shareholders by buying back shares at $5 a share.</p><p>But let’s now imagine a third scenario. In Scenario 3, Company A’s stock price is $7.50 and it decided to conduct a share buyback using all its cash flow generated after the first year. Company A, therefore, spent its first $100 in free cash flow to buy back 13 shares, leaving the company with 87 shares outstanding. The table below shows the dividends received in all three scenarios.</p><p><img src=\"https://static.tigerbbs.com/182b60d92d67d7a671582e9668bb2308\" tg-width=\"840\" tg-height=\"260\" width=\"100%\" height=\"auto\"/>In Scenario 3, because shares were bought back at a higher price, fewer shares were retired than in Scenario 2 (13 versus 20). As such, Company A’s dividend per share in subsequent years only increased to $1.15. The net present value of Scenario 3’s dividends, using the same 10% discount rate, is only $6.04. This is actually lower than in Scenario 1 when no buybacks were done.</p><p>This demonstrates that buybacks are only value-enhancing when done at the right price. If the required rate of return is 10%, buybacks in the example above should only be done below the net present value per share of $6.14 if no buybacks were done.</p><h3>Applying this to a real-world example</h3><p>We can use this framework to assess if companies are making the right decision to buy back their shares. Let’s use the video conferencing app provider Zoom (NASDAQ: ZM) as a case study. Zoom started buying back its shares this year even as its stock price tanked.</p><p>In the first three quarters of its fiscal year ending 31 January 2023 (FY2023), Zoom repurchased 11 million shares for US$991 million. This works out to an average share price of approximately US$90 per share.</p><p>The table below presents my estimate of Zoom’s future free cash flow per share. I made the following assumptions:</p><ul><li>Revenue grows at 10% for the first few years before growth tapers off slowly to 0% after 15 years.</li><li>The free cash flow margin improves from 27% currently to 45% over time.</li><li>Dilution from stock-based compensation is 3% a year</li><li>Zoom stops operating after 50 years</li><li>Its revenue starts to decline in the last seven years of its life</li></ul><p><img src=\"https://static.tigerbbs.com/9a68d9163f9c0c407585d5c0657589da\" tg-width=\"840\" tg-height=\"363\" width=\"100%\" height=\"auto\"/>The table above shows the free cash flow per share generated by Zoom in each year under the assumptions I’ve made. Using a 10% discount rate and including current cash on hand (that can be used for buybacks or returned as dividends) of around US$18 per share, Zoom’s net present value per share works out to around US$112.</p><p>Recall that Zoom was buying back its shares at an average price of US$90 a piece. Under my assumptions, Zoom’s buybacks are value-accretive to shareholders.</p><h3>Time to shine</h3><p>Buybacks can be tricky to analyse. Although buybacks delay the distribution of dividends, they can result in value accretion to shareholders if done at the right price. With the stock prices of many companies falling significantly this year, buybacks have become a potential source of value enhancement for shareholders.</p><p>But remember that not all buybacks are good. We need to assess if management is buying back shares because the shares are cheap or if they are doing it for the wrong reasons. With stock prices down and the capital markets tight, I believe that this is a time when good capital allocation is essential. A management team that is able to allocate capital efficiently will not only cause its company to survive the downturn but potentially create tons of value for shareholders.</p></body></html>","source":"lsy1602567310727","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>When Should Companies Buy Back Their Shares?</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\">\nWhen Should Companies Buy Back Their Shares?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-26 15:18 GMT+8 <a href=https://thesmartinvestor.com.sg/when-should-companies-buy-back-their-shares/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks have taken a beating this year, to say the least. The S&P 500 is down around 19% year-to-date while the NASDAQ has slumped by around 30%. Many high-growth stocks have fallen even harder than ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/when-should-companies-buy-back-their-shares/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/when-should-companies-buy-back-their-shares/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124213864","content_text":"Stocks have taken a beating this year, to say the least. The S&P 500 is down around 19% year-to-date while the NASDAQ has slumped by around 30%. Many high-growth stocks have fallen even harder than that and it is not uncommon to find stocks that are down more than 80% this year.While these declines are painful, a downturn in stock prices does provide a potential upside: The opportunity to conduct cheap buybacks. Low stock prices mean that companies can buy back their shares at relatively cheaper levels. When done at the right prices, share buybacks can be highly value-accretive for a company’s shareholders.Measuring the impact of share buybacksBuybacks reduce the number of shares outstanding. A company’s future cash flows are, hence, divided between fewer shares, leading to more cash flow per share in the future. But it comes at a cost. The cash that’s used to buy back stock could have been used to pay a dividend to shareholders instead. So how do share buybacks impact the long-term shareholder?To better appreciate what happens when a company buys back its own stock, let’s examine a simple example. Let’s assume that Company A generates $100 in free cash flow per year for 10 years before it stops operating. The company has 100 shares outstanding, so it essentially generates $1 per share in free cash flow for 10 years. Let’s imagine two different scenarios.In Scenario 1, Company A decides to pay all its free cash flow to shareholders each year. Hence, shareholders will receive $1 per share in dividends each year for 10 years. In Scenario 2, Company A decides that it wants to buy back its shares after the first year. Let’s say its stock price is $5. Therefore, Company A can use its $100 in free cash flow in year 1 to buy back and retire 20 shares, leaving just 80 shares outstanding. From year 2 onwards, Company A decides that it will start returning its cash flow to shareholders through dividends. The table below shows the dividends received by shareholders in the two different scenarios.In scenario 1, shareholders were paid $1 per share every year starting from the end of the first year. In scenario 2, shareholders were not paid a dividend at the end of the first year, but were paid more for each subsequent year.We can measure the present value of the two streams of dividends using a discounted cash flow analysis. Using a 10% discount rate, the dividends in Scenarios 1 and 2 have a net present value of $6.14 and $6.54, per share, respectively. In Scenario 2, shareholders were rewarded with better value over the 10 year period even though they had to wait longer before they could receive dividends.When buybacks destroy valueIn the earlier example, Company A created value for shareholders by buying back shares at $5 a share.But let’s now imagine a third scenario. In Scenario 3, Company A’s stock price is $7.50 and it decided to conduct a share buyback using all its cash flow generated after the first year. Company A, therefore, spent its first $100 in free cash flow to buy back 13 shares, leaving the company with 87 shares outstanding. The table below shows the dividends received in all three scenarios.In Scenario 3, because shares were bought back at a higher price, fewer shares were retired than in Scenario 2 (13 versus 20). As such, Company A’s dividend per share in subsequent years only increased to $1.15. The net present value of Scenario 3’s dividends, using the same 10% discount rate, is only $6.04. This is actually lower than in Scenario 1 when no buybacks were done.This demonstrates that buybacks are only value-enhancing when done at the right price. If the required rate of return is 10%, buybacks in the example above should only be done below the net present value per share of $6.14 if no buybacks were done.Applying this to a real-world exampleWe can use this framework to assess if companies are making the right decision to buy back their shares. Let’s use the video conferencing app provider Zoom (NASDAQ: ZM) as a case study. Zoom started buying back its shares this year even as its stock price tanked.In the first three quarters of its fiscal year ending 31 January 2023 (FY2023), Zoom repurchased 11 million shares for US$991 million. This works out to an average share price of approximately US$90 per share.The table below presents my estimate of Zoom’s future free cash flow per share. I made the following assumptions:Revenue grows at 10% for the first few years before growth tapers off slowly to 0% after 15 years.The free cash flow margin improves from 27% currently to 45% over time.Dilution from stock-based compensation is 3% a yearZoom stops operating after 50 yearsIts revenue starts to decline in the last seven years of its lifeThe table above shows the free cash flow per share generated by Zoom in each year under the assumptions I’ve made. Using a 10% discount rate and including current cash on hand (that can be used for buybacks or returned as dividends) of around US$18 per share, Zoom’s net present value per share works out to around US$112.Recall that Zoom was buying back its shares at an average price of US$90 a piece. Under my assumptions, Zoom’s buybacks are value-accretive to shareholders.Time to shineBuybacks can be tricky to analyse. Although buybacks delay the distribution of dividends, they can result in value accretion to shareholders if done at the right price. With the stock prices of many companies falling significantly this year, buybacks have become a potential source of value enhancement for shareholders.But remember that not all buybacks are good. We need to assess if management is buying back shares because the shares are cheap or if they are doing it for the wrong reasons. With stock prices down and the capital markets tight, I believe that this is a time when good capital allocation is essential. A management team that is able to allocate capital efficiently will not only cause its company to survive the downturn but potentially create tons of value for shareholders.","news_type":1},"isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922761851,"gmtCreate":1671846323374,"gmtModify":1676538602736,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9922761851","repostId":"1155846685","repostType":2,"repost":{"id":"1155846685","pubTimestamp":1671843845,"share":"https://www.laohu8.com/m/news/1155846685?lang=&edition=full","pubTime":"2022-12-24 09:04","market":"sg","language":"en","title":"4 REITs That Could Up Their DPU in 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1155846685","media":"The Smart Investor","summary":"It has been a turbulent year for theREIT sectoras a combination ofhigh inflationandsurging interest rateshas dampened sentiment for the asset class.However, REITs continue to be suitable for income-se","content":"<html><head></head><body><p>It has been a turbulent year for the REIT sector as a combination of high inflation and surging interest rates has dampened sentiment for the asset class.</p><p>However, REITs continue to be suitable for income-seeking investors as they are mandated to pay out at least 90% of their earnings as distributions.</p><p>REIT investors have relied on this asset class for steady dividends throughout the years, and though the sector is facing headwinds, this aspect is unlikely to change.</p><p>The good news is that REIT managers are not sitting ducks and can employ a variety of methods to ensure that their distribution per unit (DPU) is protected.</p><p>These include acquisitions to boost DPU as well as positive rental reversions, redevelopments, and asset enhancement initiatives (AEI).</p><p>With these measures at their disposal, REITs can not only mitigate a drop in DPU but could also report a higher one next year.</p><p>Here are four REITs that could increase their DPU in 2023.</p><p><b>Digital Core REIT (SGX: DCRU)</b></p><p>Digital Core REIT, or DCR, is a data centre REIT with a portfolio of 10 fully-occupied data centres worth US$1.4 billion as of 30 September 2022.</p><p>These properties are located in Canada and the US and have a weighted average lease expiry of five years.</p><p>The newly-listed REIT paid out its maiden distribution of US$0.0206 for its fiscal 2022’s first half (1H2022).</p><p>DCR is also anchored by a strong sponsor in the US-listed <b>Digital Realty Trust</b>(NYSE: DLR) which owns more than 300 data centres globally along with 4,000+ customers.</p><p>The REIT had just concluded the acquisition of a 25% interest in a Frankfurt data centre for US$146 million, with 1H2022 DPU rising by a projected 2% to US$0.021.</p><p>DCR’s aggregate leverage is expected to rise to 33% after this purchase, allowing the REIT to continue tapping on debt for future acquisitions.</p><p>DCR has a global right-of-first-refusal on around 250 data centres of its sponsor with a pipeline that could eventually increase its portfolio to around US$15 billion.</p><p><b>Mapletree Pan Asia Commercial Trust (SGX: N2IU)</b></p><p>Mapletree Pan Asia Commercial Trust, or MPACT, is a retail cum commercial REIT with a portfolio of 18 properties in key markets such as Hong Kong, Singapore, China, Japan, and South Korea.</p><p>The REIT’s assets under management (AUM) stood at S$16.9 billion as of 30 September 2022 with a committed occupancy rate of 96.9%.</p><p>MPACT’s DPU rose 12.5% year on year to S$0.0494 for its fiscal 2023’s first half (1H2023) as gross revenue and net property income both surged by 44.9% year on year.</p><p>Investors can look forward to higher contributions from MPACT’s key Hong Kong retail asset, Festival Walk, as China relaxes its strict COVID-zero policy.</p><p>Festival Walk contributed around 11.7% of 1H2023’s NPI and a recovery in tenant sales and footfall could bring in better rental income for the REIT.</p><p>MPACT also has its “4R” asset and capital management strategy (recharge, resilience, reconstitute, refocus) that should see growth in South Korea and capital recycling in Japan.</p><p><b>CapitaLand Ascendas REIT (SGX: A17U)</b></p><p>CapitaLand Ascendas REIT, or CLAR, is an industrial REIT with a portfolio of 226 properties worth S$16.5 billion as of 30 September 2022.</p><p>The REIT had announced a 2.8% year on year increase in its DPU to S$0.07873 for 1H2022.</p><p>As of 3Q2022, CLAR reported a high occupancy rate of 94.5% with a positive rental reversion of 5.4%.</p><p>The industrial REIT is active with acquisitions and announced S$296.7 million worth of purchases during the quarter.</p><p>With an aggregate leverage of 37.3% and a low cost of debt of 2.2%, CLAR is well-positioned to make more yield-accretive acquisitions.</p><p>The REIT also has a slew of ongoing projects such as redevelopments and AEIs totalling S$622.4 million that should boost rental income over time.</p><p><b>Frasers Logistics & Commercial Trust (SGX: BUOU)</b></p><p>Frasers Logistics & Commercial Trust, or FLCT, owns a portfolio of 105 industrial and commercial properties across five countries with an AUM of approximately S$6.7 billion as of 30 September 2022 (FY2022).</p><p>The REIT had reported a slight 0.8% year on year dip in its DPU to S$0.0762 for FY2022 due to the divestment of Cross Street Exchange and weaker exchange rates.</p><p>However, there is good reason to believe that FLCT’s DPU can increase in FY2023.</p><p>The REIT’s gearing stood at just 27.4% as of 30 September 2022, providing it with a debt headroom of S$3.2 billion for future acquisitions.</p><p>Furthermore, FLCT has close to 82% of its borrowings at fixed rates, thereby mitigating a sharp increase in finance costs.</p><p>Management has also demonstrated its capital recycling savvy by divesting Cross Street Exchange at a 28.3% premium to its book value.</p><p>A leasehold property in Melbourne was also divested at nearly double its original book value during FY2022.</p><p>For its fourth quarter of FY2022, FLCT also executed 23 leasing transactions that saw a positive rental reversion of 9.8%.</p><p>These factors should stand the REIT in good stead to improve its DPU for FY2023.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 REITs That Could Up Their DPU in 2023</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{ 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padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 REITs That Could Up Their DPU in 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-24 09:04 GMT+8 <a href=https://thesmartinvestor.com.sg/4-reits-that-could-up-their-dpu-in-2023/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has been a turbulent year for the REIT sector as a combination of high inflation and surging interest rates has dampened sentiment for the asset class.However, REITs continue to be suitable for ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-reits-that-could-up-their-dpu-in-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DCRU.SI":"DigiCore Reit USD","BUOU.SI":"星狮物流工业信托","N2IU.SI":"丰树商业信托","A17U.SI":"凯德腾飞房产信托"},"source_url":"https://thesmartinvestor.com.sg/4-reits-that-could-up-their-dpu-in-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155846685","content_text":"It has been a turbulent year for the REIT sector as a combination of high inflation and surging interest rates has dampened sentiment for the asset class.However, REITs continue to be suitable for income-seeking investors as they are mandated to pay out at least 90% of their earnings as distributions.REIT investors have relied on this asset class for steady dividends throughout the years, and though the sector is facing headwinds, this aspect is unlikely to change.The good news is that REIT managers are not sitting ducks and can employ a variety of methods to ensure that their distribution per unit (DPU) is protected.These include acquisitions to boost DPU as well as positive rental reversions, redevelopments, and asset enhancement initiatives (AEI).With these measures at their disposal, REITs can not only mitigate a drop in DPU but could also report a higher one next year.Here are four REITs that could increase their DPU in 2023.Digital Core REIT (SGX: DCRU)Digital Core REIT, or DCR, is a data centre REIT with a portfolio of 10 fully-occupied data centres worth US$1.4 billion as of 30 September 2022.These properties are located in Canada and the US and have a weighted average lease expiry of five years.The newly-listed REIT paid out its maiden distribution of US$0.0206 for its fiscal 2022’s first half (1H2022).DCR is also anchored by a strong sponsor in the US-listed Digital Realty Trust(NYSE: DLR) which owns more than 300 data centres globally along with 4,000+ customers.The REIT had just concluded the acquisition of a 25% interest in a Frankfurt data centre for US$146 million, with 1H2022 DPU rising by a projected 2% to US$0.021.DCR’s aggregate leverage is expected to rise to 33% after this purchase, allowing the REIT to continue tapping on debt for future acquisitions.DCR has a global right-of-first-refusal on around 250 data centres of its sponsor with a pipeline that could eventually increase its portfolio to around US$15 billion.Mapletree Pan Asia Commercial Trust (SGX: N2IU)Mapletree Pan Asia Commercial Trust, or MPACT, is a retail cum commercial REIT with a portfolio of 18 properties in key markets such as Hong Kong, Singapore, China, Japan, and South Korea.The REIT’s assets under management (AUM) stood at S$16.9 billion as of 30 September 2022 with a committed occupancy rate of 96.9%.MPACT’s DPU rose 12.5% year on year to S$0.0494 for its fiscal 2023’s first half (1H2023) as gross revenue and net property income both surged by 44.9% year on year.Investors can look forward to higher contributions from MPACT’s key Hong Kong retail asset, Festival Walk, as China relaxes its strict COVID-zero policy.Festival Walk contributed around 11.7% of 1H2023’s NPI and a recovery in tenant sales and footfall could bring in better rental income for the REIT.MPACT also has its “4R” asset and capital management strategy (recharge, resilience, reconstitute, refocus) that should see growth in South Korea and capital recycling in Japan.CapitaLand Ascendas REIT (SGX: A17U)CapitaLand Ascendas REIT, or CLAR, is an industrial REIT with a portfolio of 226 properties worth S$16.5 billion as of 30 September 2022.The REIT had announced a 2.8% year on year increase in its DPU to S$0.07873 for 1H2022.As of 3Q2022, CLAR reported a high occupancy rate of 94.5% with a positive rental reversion of 5.4%.The industrial REIT is active with acquisitions and announced S$296.7 million worth of purchases during the quarter.With an aggregate leverage of 37.3% and a low cost of debt of 2.2%, CLAR is well-positioned to make more yield-accretive acquisitions.The REIT also has a slew of ongoing projects such as redevelopments and AEIs totalling S$622.4 million that should boost rental income over time.Frasers Logistics & Commercial Trust (SGX: BUOU)Frasers Logistics & Commercial Trust, or FLCT, owns a portfolio of 105 industrial and commercial properties across five countries with an AUM of approximately S$6.7 billion as of 30 September 2022 (FY2022).The REIT had reported a slight 0.8% year on year dip in its DPU to S$0.0762 for FY2022 due to the divestment of Cross Street Exchange and weaker exchange rates.However, there is good reason to believe that FLCT’s DPU can increase in FY2023.The REIT’s gearing stood at just 27.4% as of 30 September 2022, providing it with a debt headroom of S$3.2 billion for future acquisitions.Furthermore, FLCT has close to 82% of its borrowings at fixed rates, thereby mitigating a sharp increase in finance costs.Management has also demonstrated its capital recycling savvy by divesting Cross Street Exchange at a 28.3% premium to its book value.A leasehold property in Melbourne was also divested at nearly double its original book value during FY2022.For its fourth quarter of FY2022, FLCT also executed 23 leasing transactions that saw a positive rental reversion of 9.8%.These factors should stand the REIT in good stead to improve its DPU for FY2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921326897,"gmtCreate":1670981059919,"gmtModify":1676538470267,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9921326897","repostId":"1103026107","repostType":2,"repost":{"id":"1103026107","pubTimestamp":1670980761,"share":"https://www.laohu8.com/m/news/1103026107?lang=&edition=full","pubTime":"2022-12-14 09:19","market":"us","language":"en","title":"Shopify Down 66% This Year; Is there Reason to Fear?","url":"https://stock-news.laohu8.com/highlight/detail?id=1103026107","media":"TipRanks","summary":"Story HighlightsShopify, whose shares have taken a hit this year along with most other e-commerce st","content":"<div>\n<p>Story HighlightsShopify, whose shares have taken a hit this year along with most other e-commerce stocks, may have a bull case brewing.Cloud-based e-commerce platform provider Shopify (TSE:SHOP) (NYSE...</p>\n\n<a href=\"https://www.tipranks.com/news/article/shopify-tseshop-down-66-this-year-is-it-a-reason-to-fear\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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>Shopify Down 66% This Year; Is there Reason to Fear?</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\">\nShopify Down 66% This Year; Is there Reason to Fear?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-14 09:19 GMT+8 <a href=https://www.tipranks.com/news/article/shopify-tseshop-down-66-this-year-is-it-a-reason-to-fear><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsShopify, whose shares have taken a hit this year along with most other e-commerce stocks, may have a bull case brewing.Cloud-based e-commerce platform provider Shopify (TSE:SHOP) (NYSE...</p>\n\n<a href=\"https://www.tipranks.com/news/article/shopify-tseshop-down-66-this-year-is-it-a-reason-to-fear\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc"},"source_url":"https://www.tipranks.com/news/article/shopify-tseshop-down-66-this-year-is-it-a-reason-to-fear","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103026107","content_text":"Story HighlightsShopify, whose shares have taken a hit this year along with most other e-commerce stocks, may have a bull case brewing.Cloud-based e-commerce platform provider Shopify (TSE:SHOP) (NYSE:SHOP) was not spared from the headwinds that rocked the broader industry this year. Shares of Shopify are down around 66% this year, leading the Canadian stock market to be on track to end the year lower than it began. However, fear not – this might be a great opportunity to accumulate shares of the downtrodden stock.Shopify’s sell-off began in November last year, mostly as a result of events beyond Shopify’s control. Software stock valuations had gotten too high and would inevitably snap. Moreover, the first year of the pandemic boosted the growth of e-commerce businesses manifold as a result of lockdowns and social distancing rules.Once economies started to normalize across the globe, the watershed began to subside, resulting in tough comparisons. However, investors are highly driven by emotion and began selling off Shopify shares as soon as the difficult comparisons started to reflect in the company’s quarterly financials.Yet, Shopify is still the go-to e-commerce platform for small and medium-sized businesses and is even a significant threat to the market share of e-commerce giant Amazon (NASDAQ:AMZN). The decline could be a great buying opportunity for long-term gains, as the shares seem to be oversold at the current price.Recently, SMBC Nikko analyst Andrew Bauch reiterated a Buy rating on SHOP stock and raised the price target to $45 from $40, saying that the stock has the potential to pull up sales and margin simultaneously in 2023. He is particularly upbeat about the evolution of Shopify’s Payment strategy and believes it to be one of the best emerging opportunities for the company to thrive.Is Shopify a Buy, Sell, or Hold?Shopify has a Moderate Buy consensus rating on Wall Street, with an average price target of C$55.89.Bottom-LineA solid business model, popularity with SMBs, and upbeat demand trends strongly indicate that a recovery in shares may be on the horizon. When the macroeconomic backdrop improves, Shopify stands to be one of the biggest beneficiaries of the spike in demand. All these arguments create a strong bull case for Shopify.","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923122763,"gmtCreate":1670812043452,"gmtModify":1676538438337,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"1\"></v-v>","text":"$NIO 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Manufacturing(TSM)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9929176257","isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9929999619,"gmtCreate":1670578495832,"gmtModify":1676538397834,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a><v-v data-views=\"1\"></v-v>","text":"$Sea Ltd(SE)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9929999619","isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920767486,"gmtCreate":1670550588745,"gmtModify":1676538391553,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920767486","repostId":"2289844251","repostType":2,"repost":{"id":"2289844251","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1670548155,"share":"https://www.laohu8.com/m/news/2289844251?lang=&edition=full","pubTime":"2022-12-09 09:09","market":"hk","language":"en","title":"Nio to Install 20 Battery-Swapping Stations in EnBW Charging Parks","url":"https://stock-news.laohu8.com/highlight/detail?id=2289844251","media":"Reuters","summary":"Chinese electric vehicle maker Nio will install swapping stations, where drivers can switch their ca","content":"<html><head></head><body><p>Chinese electric vehicle maker Nio will install swapping stations, where drivers can switch their car battery for a fully-charged one, at 20 charging parks in Germany owned by utility EnBW, the utility provider said on Thursday.</p><p>Nio launched in Germany in October on a leasing model, with users leasing cars with a 75 gigawatt hour battery for 1,199-1,295 euros ($1,171-$1,264) a month depending on the length of the subscription, which can be as short as a month.</p><p>The carmaker, which is aiming for 120 swapping stations in Europe by the end of 2023, opened its first swapping station in Germany in late September in Zusmarshausen in collaboration with charging operator Sortimo and mobility technology company TSG.</p><p>EnBW, which is investing over 100 million euros ($105.26 million) a year in expanding electric vehicle charging infrastructure, plans to expand its partnership with Nio to install more swapping stations in future, the provider's statement said.</p><p>($1 = 0.9500 euros)</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>Nio to Install 20 Battery-Swapping Stations in EnBW Charging Parks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio to Install 20 Battery-Swapping Stations in EnBW Charging Parks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-09 09:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Chinese electric vehicle maker Nio will install swapping stations, where drivers can switch their car battery for a fully-charged one, at 20 charging parks in Germany owned by utility EnBW, the utility provider said on Thursday.</p><p>Nio launched in Germany in October on a leasing model, with users leasing cars with a 75 gigawatt hour battery for 1,199-1,295 euros ($1,171-$1,264) a month depending on the length of the subscription, which can be as short as a month.</p><p>The carmaker, which is aiming for 120 swapping stations in Europe by the end of 2023, opened its first swapping station in Germany in late September in Zusmarshausen in collaboration with charging operator Sortimo and mobility technology company TSG.</p><p>EnBW, which is investing over 100 million euros ($105.26 million) a year in expanding electric vehicle charging infrastructure, plans to expand its partnership with Nio to install more swapping stations in future, the provider's statement said.</p><p>($1 = 0.9500 euros)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2289844251","content_text":"Chinese electric vehicle maker Nio will install swapping stations, where drivers can switch their car battery for a fully-charged one, at 20 charging parks in Germany owned by utility EnBW, the utility provider said on Thursday.Nio launched in Germany in October on a leasing model, with users leasing cars with a 75 gigawatt hour battery for 1,199-1,295 euros ($1,171-$1,264) a month depending on the length of the subscription, which can be as short as a month.The carmaker, which is aiming for 120 swapping stations in Europe by the end of 2023, opened its first swapping station in Germany in late September in Zusmarshausen in collaboration with charging operator Sortimo and mobility technology company TSG.EnBW, which is investing over 100 million euros ($105.26 million) a year in expanding electric vehicle charging infrastructure, plans to expand its partnership with Nio to install more swapping stations in future, the provider's statement said.($1 = 0.9500 euros)","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920621823,"gmtCreate":1670483095263,"gmtModify":1676538377894,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$ </a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$ </a><v-v data-views=\"0\"></v-v>","text":"$Taiwan Semiconductor Manufacturing(TSM)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920621823","isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920989464,"gmtCreate":1670418579659,"gmtModify":1676538363674,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"0\"></v-v>","text":"$NIO Inc.(NIO)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920989464","isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967615678,"gmtCreate":1670311639795,"gmtModify":1676538342252,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$ </a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$ </a><v-v data-views=\"0\"></v-v>","text":"$Amazon.com(AMZN)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967615678","isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967612298,"gmtCreate":1670311329915,"gmtModify":1676538342210,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Thanks for sharing.","listText":"Thanks for sharing.","text":"Thanks for sharing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9967612298","repostId":"2289286198","repostType":2,"repost":{"id":"2289286198","pubTimestamp":1670293847,"share":"https://www.laohu8.com/m/news/2289286198?lang=&edition=full","pubTime":"2022-12-06 10:30","market":"us","language":"en","title":"NIO Is Taking Off - Buy The Bottom","url":"https://stock-news.laohu8.com/highlight/detail?id=2289286198","media":"Seeking Alpha","summary":"SummaryIt's been a while since NIO could be called cheap.NIO's stock went on a roller coaster ride, ","content":"<html><head></head><body><h2>Summary</h2><ul><li>It's been a while since NIO could be called cheap.</li><li>NIO's stock went on a roller coaster ride, declining by 85% from peak to trough.</li><li>Now with shares back around their 2020 levels NIO is a strong buy again.</li><li>Economies of scale, competitive advantages, and other elements should enable NIO to surpass future earnings estimates.</li><li>NIO's stock likely bottomed and should continue moving higher in the coming years.</li></ul><h2>NIO - Finally Cheap Again</h2><p>It's been a long time since <a href=\"https://laohu8.com/S/NIO\">NIO</a> was considered a bargain, but we are at that stage now. Its share price has remained relatively high since the early and mid days of 2020. That was the first time I bought this stock in the $10-$13 price range. Then, NIO's price increased, and I added in the $17-$20 range. I unloaded most of my NIO shares in the $50-$60 range in late 2020 and early 2021. With the stock back in the $10-$15 range, it may be an excellent time to build another longer-term position in NIO.</p><p><img src=\"https://static.seekingalpha.com/uploads/2022/12/4/48200183-1670154716115186.png\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>NIO (StockCharts.com)</p><p>NIO is gaining momentum, and as sentiment improves, the company's stock price could go much higher. Higher than anticipated revenue growth and more significant profitability may push NIO's stock price substantially higher in the coming years. At these extreme lows, NIO is a strong candidate for a 5x return by 2025 and remains a leading China segment portfolio pick for 2023 and beyond.</p><h2>NIO's Recent Results</h2><p>NIO recently missed earnings estimates by 14 cents, yet, revenue came in at $1.83 billion, beating estimates by $50 million. NIO also provided solid guidance for Q4, with expected deliveries in the 43,000-48,000 range for the fourth quarter (72-92% YoY increase). In November, NIO reported a record-high delivery number of 14,178 vehicles, a 30.3% YoY increase. NIO's delivery capacity continues to rise, while demand for NIO's vehicles remains robust. NIO should continue delivering solid revenue growth and could improve its profitability substantially as the company advances. </p><h2>NIO is a Special Case</h2><p>Many Chinese stocks may be undervalued here, but NIO is a particular case. NIO is a premium pure-play EV manufacturer, producing some of the best EVs globally. Moreover, NIO is a Chinese company, providing it with a home court advantage in the most significant EV market in the world. Furthermore, NIO is remarkably cheap relative to its Western counterparts, some of which still need to demonstrate the ability to mass-produce vehicles. </p><h2>NIO vs. Others Valuation</h2><p><b>Forward P/S Ratio </b></p><ul><li>NIO: 1.5</li><li>XPeng (XPEV): 1.34</li><li>Li Auto (LI): 1.6</li><li>Tesla (TSLA): 5</li><li>Lucid (LCID): 7</li><li>Rivian (RIVN): 5</li></ul><h4><b>The Takeaway</b></h4><p>The Chinese companies trade at significantly discounted multiples relative to their American counterparts. If NIO were valued close to Lucid's or Rivian's valuation, its stock would be around $50-$75. At about 1.5 times forward sales, NIO is dirt cheap, and the stock is a bargain.</p><h2><b>NIO's Revenues Projections </b></h2><p><img src=\"https://static.seekingalpha.com/uploads/2022/12/5/48200183-16702274033175266.png\" tg-width=\"640\" tg-height=\"221\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Revenue projections (SeekingAlpha.com )</p><p>Consensus revenue estimates are around $14 billion next year and roughly $18 billion in 2024. However, provided the negative sentiment associated with China, the economic slowdown, and other variables, revenue and EPS estimates have been adjusted lower in recent quarters and maybe lowballed. Realistically, NIO could generate around $15 billion in revenues next year, roughly $20 billion in 2024, and should expand sales to $25 billion or more in 2025. NIO's market cap is around $20 billion, implying a forward P/S ratio of only 1.33. Additionally, considering that NIO could bring in about <i>$25 billion</i> in revenues in 2025, its stock is trading at only around 0.8 times 2025 sales estimates now.</p><h2>Significant EPS Growth Potential</h2><p><img src=\"https://static.tigerbbs.com/fe8d5f7bf8fcedb8824d2a90edaddda9\" tg-width=\"640\" tg-height=\"242\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>EPS growth (SeekingAlpha.com)</p><p>NIO has significant earning potential, and it's well-positioned to benefit from cheap labor and improved efficiency as it expands its economies of scale. There is a high probability that due to higher productivity and efficiency, NIO can become more profitable sooner than many analysts expect now. Higher-end EPS estimates are for $0.50 in 2025, but as NIO revenue growth explodes, the company may become more profitable sooner, possibly delivering $1-$2 in EPS around the 2025-2027 timeline.</p><p><b>What NIO's stock price may look like in future years: </b></p><table><tbody><tr><td>Year</td><td>2022</td><td>2023</td><td>2024</td><td>2025</td><td>2026</td><td>2027</td><td>2028</td></tr><tr><td>Revenue Bs</td><td>$7.5</td><td>$15</td><td>$20</td><td>$26</td><td>$33</td><td>$42</td><td>$53</td></tr><tr><td>Revenue growth</td><td>32%</td><td>100%</td><td>33%</td><td>30%</td><td>28%</td><td>26%</td><td>25%</td></tr><tr><td>EPS</td><td>N/A</td><td>$0.20</td><td>$0.40</td><td>$0.95</td><td>$1.45</td><td>$1.95</td><td>$2.50</td></tr><tr><td>Forward P/E</td><td>65</td><td>60</td><td>55</td><td>50</td><td>45</td><td>40</td><td>35</td></tr><tr><td>Stock Price</td><td>$13</td><td>$24</td><td>$52</td><td>$73</td><td>$88</td><td>$100</td><td>$120</td></tr></tbody></table><p>Click to enlarge</p><p>Source: The Financial Prophet</p><h2><b>The Bottom Line - It's All About Sentiment </b></h2><p>The sentiment is crucial to any company, especially to a hyper-growth one like NIO. We see enormous revenue growth potential for NIO in future years. After the company streamlines revenues by 100% next year, we expect significant 25-35% annual revenue growth for several years. Therefore, there should be great demand and opportunity around the upcoming revenue increase phase. NIO should also improve its operations through increased efficiency and its economies of scale implementation. There is also a distinct probability that we will see gross, operating, and other income margins strengthening. Therefore, NIO's profitability and EPS could expand more significantly than expected in the coming years, and we could see NIO's stock price around $100 in several years.</p><h2>Risks to NIO</h2><p>Despite my bullish outlook, there are various risks to my thesis. Delisting fears and other detrimental factors related to China could continue to pressure NIO's stock price. Also, the company could run into various production issues and may not reach the production capacity I envision in time. Moreover, NIO's vehicles may experience a drop-off in demand, in which case the company's share price would suffer. NIO remains an elevated-risk investment, but there is substantial reward potential if everything goes right.</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>NIO Is Taking Off - Buy The Bottom</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Is Taking Off - Buy The Bottom\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-06 10:30 GMT+8 <a href=https://seekingalpha.com/article/4562414-nio-is-taking-off-buy-the-bottom><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIt's been a while since NIO could be called cheap.NIO's stock went on a roller coaster ride, declining by 85% from peak to trough.Now with shares back around their 2020 levels NIO is a strong ...</p>\n\n<a href=\"https://seekingalpha.com/article/4562414-nio-is-taking-off-buy-the-bottom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来"},"source_url":"https://seekingalpha.com/article/4562414-nio-is-taking-off-buy-the-bottom","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2289286198","content_text":"SummaryIt's been a while since NIO could be called cheap.NIO's stock went on a roller coaster ride, declining by 85% from peak to trough.Now with shares back around their 2020 levels NIO is a strong buy again.Economies of scale, competitive advantages, and other elements should enable NIO to surpass future earnings estimates.NIO's stock likely bottomed and should continue moving higher in the coming years.NIO - Finally Cheap AgainIt's been a long time since NIO was considered a bargain, but we are at that stage now. Its share price has remained relatively high since the early and mid days of 2020. That was the first time I bought this stock in the $10-$13 price range. Then, NIO's price increased, and I added in the $17-$20 range. I unloaded most of my NIO shares in the $50-$60 range in late 2020 and early 2021. With the stock back in the $10-$15 range, it may be an excellent time to build another longer-term position in NIO.NIO (StockCharts.com)NIO is gaining momentum, and as sentiment improves, the company's stock price could go much higher. Higher than anticipated revenue growth and more significant profitability may push NIO's stock price substantially higher in the coming years. At these extreme lows, NIO is a strong candidate for a 5x return by 2025 and remains a leading China segment portfolio pick for 2023 and beyond.NIO's Recent ResultsNIO recently missed earnings estimates by 14 cents, yet, revenue came in at $1.83 billion, beating estimates by $50 million. NIO also provided solid guidance for Q4, with expected deliveries in the 43,000-48,000 range for the fourth quarter (72-92% YoY increase). In November, NIO reported a record-high delivery number of 14,178 vehicles, a 30.3% YoY increase. NIO's delivery capacity continues to rise, while demand for NIO's vehicles remains robust. NIO should continue delivering solid revenue growth and could improve its profitability substantially as the company advances. NIO is a Special CaseMany Chinese stocks may be undervalued here, but NIO is a particular case. NIO is a premium pure-play EV manufacturer, producing some of the best EVs globally. Moreover, NIO is a Chinese company, providing it with a home court advantage in the most significant EV market in the world. Furthermore, NIO is remarkably cheap relative to its Western counterparts, some of which still need to demonstrate the ability to mass-produce vehicles. NIO vs. Others ValuationForward P/S Ratio NIO: 1.5XPeng (XPEV): 1.34Li Auto (LI): 1.6Tesla (TSLA): 5Lucid (LCID): 7Rivian (RIVN): 5The TakeawayThe Chinese companies trade at significantly discounted multiples relative to their American counterparts. If NIO were valued close to Lucid's or Rivian's valuation, its stock would be around $50-$75. At about 1.5 times forward sales, NIO is dirt cheap, and the stock is a bargain.NIO's Revenues Projections Revenue projections (SeekingAlpha.com )Consensus revenue estimates are around $14 billion next year and roughly $18 billion in 2024. However, provided the negative sentiment associated with China, the economic slowdown, and other variables, revenue and EPS estimates have been adjusted lower in recent quarters and maybe lowballed. Realistically, NIO could generate around $15 billion in revenues next year, roughly $20 billion in 2024, and should expand sales to $25 billion or more in 2025. NIO's market cap is around $20 billion, implying a forward P/S ratio of only 1.33. Additionally, considering that NIO could bring in about $25 billion in revenues in 2025, its stock is trading at only around 0.8 times 2025 sales estimates now.Significant EPS Growth PotentialEPS growth (SeekingAlpha.com)NIO has significant earning potential, and it's well-positioned to benefit from cheap labor and improved efficiency as it expands its economies of scale. There is a high probability that due to higher productivity and efficiency, NIO can become more profitable sooner than many analysts expect now. Higher-end EPS estimates are for $0.50 in 2025, but as NIO revenue growth explodes, the company may become more profitable sooner, possibly delivering $1-$2 in EPS around the 2025-2027 timeline.What NIO's stock price may look like in future years: Year2022202320242025202620272028Revenue Bs$7.5$15$20$26$33$42$53Revenue growth32%100%33%30%28%26%25%EPSN/A$0.20$0.40$0.95$1.45$1.95$2.50Forward P/E65605550454035Stock Price$13$24$52$73$88$100$120Click to enlargeSource: The Financial ProphetThe Bottom Line - It's All About Sentiment The sentiment is crucial to any company, especially to a hyper-growth one like NIO. We see enormous revenue growth potential for NIO in future years. After the company streamlines revenues by 100% next year, we expect significant 25-35% annual revenue growth for several years. Therefore, there should be great demand and opportunity around the upcoming revenue increase phase. NIO should also improve its operations through increased efficiency and its economies of scale implementation. There is also a distinct probability that we will see gross, operating, and other income margins strengthening. Therefore, NIO's profitability and EPS could expand more significantly than expected in the coming years, and we could see NIO's stock price around $100 in several years.Risks to NIODespite my bullish outlook, there are various risks to my thesis. Delisting fears and other detrimental factors related to China could continue to pressure NIO's stock price. Also, the company could run into various production issues and may not reach the production capacity I envision in time. Moreover, NIO's vehicles may experience a drop-off in demand, in which case the company's share price would suffer. NIO remains an elevated-risk investment, but there is substantial reward potential if everything goes right.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964220641,"gmtCreate":1670162329884,"gmtModify":1676538312127,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a><v-v data-views=\"0\"></v-v>","text":"$Apple(AAPL)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964220641","isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964025219,"gmtCreate":1670037260632,"gmtModify":1676538293570,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Thanks ","listText":"Thanks ","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9964025219","repostId":"2288596195","repostType":4,"repost":{"id":"2288596195","pubTimestamp":1670024380,"share":"https://www.laohu8.com/m/news/2288596195?lang=&edition=full","pubTime":"2022-12-03 07:39","market":"us","language":"en","title":"Why Now Is NOT the Time to Buy NIO Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2288596195","media":"InvestorPlace","summary":"Nio (NIO) stock could remain under pressure to due China’s unpredictable Covid-19 policy.Despite Nio’s revenue growth, investors should observe the company’s widening earnings loss.Investors can choos","content":"<html><head></head><body><ul><li><b>Nio</b> (<b>NIO</b>) stock could remain under pressure to due China’s unpredictable Covid-19 policy.</li><li>Despite Nio’s revenue growth, investors should observe the company’s widening earnings loss.</li><li>Investors can choose to delay any purchases of NIO stock until conditions improve.</li></ul><p><img src=\"https://static.tigerbbs.com/14e2554adb7734c917635ae8dca2b6ba\" tg-width=\"768\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/></p><p>Source: Michael Vi / Shutterstock.com</p><p>Given the fact that <b>Nio</b> (NYSE:<b>NIO</b>) stock is down year-to-date, eager investors may be tempted to take a long position now. However, this is actually a time to exercise caution.</p><p>For one thing, China’s on-and-off zero-Covid policies could throw a wrench into the works. Besides, Nio’s financials are less than ideal, especially when it comes to the company’s profits (or lack thereof).</p><p>As a China-based electric vehicle (EV) company, Nio has to contend with multiple challenges. There’s the prospect of having to compete in a fierce EV market. Plus, Nio must deal with a government that’s not always business-friendly.</p><p>Regardless of where you’re located, if you’re invested in Nio, the company’s problems will become your problems. There may be a time to take a stake in Nio at some point in the future, but for the time being, a watch-and-wait strategy is entirely appropriate.</p><table border=\"1\"><tbody><tr><td><b>NIO</b></td><td><b>Nio</b></td><td>$12.09</td></tr></tbody></table><h2>What’s Happening with NIO Stock?</h2><p>NIO stock started 2022 at $33, but recently declined to just $12 and change. Bear in mind, just because a stock has a lower price, doesn’t necessarily mean it’s a good value.</p><p>It’s difficult to assign a proper value to a stock when there’s an unpredictable government. On Nov. 11, a number of U.S.-listed Chinese companies’ shares rallied because Beijing seemed to be easing some of China’s Covid-19 restrictions. Yet, the hope of a near-term full reopening in China wouldn’t last long.</p><p>Fast-forward to Nov. 22, and China is reporting 28,127 new domestically transmitted Covid-19 cases. This number was close to the nation’s daily peak from April.</p><p>The next thing you know, there are reports of cultural and entertainment venues closures and restricted use of some shopping malls and restaurants. This, clearly, is a challenging macro-level environment for Nio to work in.</p><h2>Nio’s Financial Are Problematic</h2><p>Meanwhile, some folks probably celebrated Nio’s most recently reported quarterly financial results, but perhaps they shouldn’t. There’s good news in the data but also major issues.</p><p>It’s true that Nio increased its revenue 32.6% year over year during the third quarter of 2022. However, Nio also saw its gross margin shrink from 20.3% to 13.3% during that time.</p><p>Furthermore, Nio’s gross profit contracted 12.9% year over year, but that’s not even the worst part. Distressingly, Nio’s net earnings loss ballooned 392.1% year over year to the equivalent of $577.9 million in Q3 2022.</p><p>Now, we can start to see why NIO stock hasn’t regained its footing this year. Currently, there are too many holes in the bull thesis for investors to put their faith in Nio.</p><h2>What You Can Do Now</h2><p>This isn’t to suggest that Nio is a toxic business that’s about to go bankrupt. There may be an appropriate time to consider NIO stock in the future.</p><p>However, once again, let’s not confuse a low share price with a compelling value. The macro-level and company-specific conditions simply don’t favor an investment in Nio, so feel free to stay on the sidelines for now.</p></body></html>","source":"investorplace","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>Why Now Is NOT the Time to Buy NIO Stock</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\">\nWhy Now Is NOT the Time to Buy NIO Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:39 GMT+8 <a href=https://investorplace.com/market360/2022/12/why-now-is-not-the-time-to-buy-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio (NIO) stock could remain under pressure to due China’s unpredictable Covid-19 policy.Despite Nio’s revenue growth, investors should observe the company’s widening earnings loss.Investors can ...</p>\n\n<a href=\"https://investorplace.com/market360/2022/12/why-now-is-not-the-time-to-buy-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0052750758.USD":"富兰克林中国基金A Acc","NIO.SI":"蔚来","BK4505":"高瓴资本持仓","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK4581":"高盛持仓","BK4504":"桥水持仓","09866":"蔚来-SW","NIO":"蔚来","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","BK4532":"文艺复兴科技持仓","BK4531":"中概回港概念","BK4534":"瑞士信贷持仓","BK4555":"新能源车","BK4509":"腾讯概念","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","BK4526":"热门中概股","BK4574":"无人驾驶"},"source_url":"https://investorplace.com/market360/2022/12/why-now-is-not-the-time-to-buy-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2288596195","content_text":"Nio (NIO) stock could remain under pressure to due China’s unpredictable Covid-19 policy.Despite Nio’s revenue growth, investors should observe the company’s widening earnings loss.Investors can choose to delay any purchases of NIO stock until conditions improve.Source: Michael Vi / Shutterstock.comGiven the fact that Nio (NYSE:NIO) stock is down year-to-date, eager investors may be tempted to take a long position now. However, this is actually a time to exercise caution.For one thing, China’s on-and-off zero-Covid policies could throw a wrench into the works. Besides, Nio’s financials are less than ideal, especially when it comes to the company’s profits (or lack thereof).As a China-based electric vehicle (EV) company, Nio has to contend with multiple challenges. There’s the prospect of having to compete in a fierce EV market. Plus, Nio must deal with a government that’s not always business-friendly.Regardless of where you’re located, if you’re invested in Nio, the company’s problems will become your problems. There may be a time to take a stake in Nio at some point in the future, but for the time being, a watch-and-wait strategy is entirely appropriate.NIONio$12.09What’s Happening with NIO Stock?NIO stock started 2022 at $33, but recently declined to just $12 and change. Bear in mind, just because a stock has a lower price, doesn’t necessarily mean it’s a good value.It’s difficult to assign a proper value to a stock when there’s an unpredictable government. On Nov. 11, a number of U.S.-listed Chinese companies’ shares rallied because Beijing seemed to be easing some of China’s Covid-19 restrictions. Yet, the hope of a near-term full reopening in China wouldn’t last long.Fast-forward to Nov. 22, and China is reporting 28,127 new domestically transmitted Covid-19 cases. This number was close to the nation’s daily peak from April.The next thing you know, there are reports of cultural and entertainment venues closures and restricted use of some shopping malls and restaurants. This, clearly, is a challenging macro-level environment for Nio to work in.Nio’s Financial Are ProblematicMeanwhile, some folks probably celebrated Nio’s most recently reported quarterly financial results, but perhaps they shouldn’t. There’s good news in the data but also major issues.It’s true that Nio increased its revenue 32.6% year over year during the third quarter of 2022. However, Nio also saw its gross margin shrink from 20.3% to 13.3% during that time.Furthermore, Nio’s gross profit contracted 12.9% year over year, but that’s not even the worst part. Distressingly, Nio’s net earnings loss ballooned 392.1% year over year to the equivalent of $577.9 million in Q3 2022.Now, we can start to see why NIO stock hasn’t regained its footing this year. Currently, there are too many holes in the bull thesis for investors to put their faith in Nio.What You Can Do NowThis isn’t to suggest that Nio is a toxic business that’s about to go bankrupt. There may be an appropriate time to consider NIO stock in the future.However, once again, let’s not confuse a low share price with a compelling value. The macro-level and company-specific conditions simply don’t favor an investment in Nio, so feel free to stay on the sidelines for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965354144,"gmtCreate":1669900982588,"gmtModify":1676538266229,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Thanks....looking good. ","listText":"Thanks....looking good. ","text":"Thanks....looking good.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9965354144","repostId":"2288207166","repostType":2,"repost":{"id":"2288207166","pubTimestamp":1669898725,"share":"https://www.laohu8.com/m/news/2288207166?lang=&edition=full","pubTime":"2022-12-01 20:45","market":"us","language":"en","title":"3 Reasons to Bet on Amazon in 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2288207166","media":"Motley Fool","summary":"The tech giant looks poised for a comeback next year.","content":"<html><head></head><body><p>KEY POINTS</p><ul><li>Cost-cutting measures should start to pay off.</li><li>The core business is still highly profitable.</li><li>The stock looks undervalued.</li></ul><p>2022 is shaping up to be <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>'s worst year since at least the 2008 financial crisis.</p><p>The stock is down 44% year to date as it's gotten hit on multiple fronts. Revenue growth slowed due to difficult comparisons and macroeconomic headwinds, and profits declined as the company overexpanded during the pandemic. As a result, Amazon is now scrambling to cut costs, announcing that it would lay off 10,000 corporate employees; it's closing or canceling construction of dozens of warehouses, and pulling the plug on experiments like Amazon Care and Scout, its home delivery robot.</p><p>Those moves haven't done much for the stock as shares are still trading around 52-week lows, but things could start looking up for the company in 2023. Keep reading to see why the FAANG stock could rebound sooner than you think.</p><h2>1. The cost cuts will pay off</h2><p>Wall Street often cheers when businesses announce cost cuts or layoffs. Shares of <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, for example, jumped when it made public plans for layoffs earlier in November, but Amazon didn't get the same response.</p><p>However, Amazon is making the necessary moves to right-size its business after it overinvested during the pandemic.</p><p>It's also become apparent that Amazon has a lot of fat to trim. Business Insider, for example, reported that the company is on track to lose $10 billion this year on Alexa and other devices, and the Alexa division also appears to be the primary focus for the company's layoffs.</p><p>There are other areas where cost controls would be prudent. Amazon's international e-commerce division loses money most years, and lost $5.5 billion through the first three quarters of this year. While the company's more mature international markets are profitable, exercising greater discipline might help make the segment as a whole profitable.</p><p>With the layoffs and other cost-cutting moves, Amazon seems to be striking a more conservative balance from its traditional emphasis on experimentation and willingness to fail, and that should start to pay off for investors on the bottom line next year.</p><h2>2. Core businesses remain highly profitable</h2><p>While much of the attention on Amazon this year has been focused on problems like slowing growth and macroeconomic headwinds, investors seem to be forgetting that Amazon's most important profit centers continue to print cash.</p><p>Amazon Web Services, the leading cloud infrastructure service, is on track for nearly $25 billion in operating income this year, and its revenue grew 27% in the third quarter even as CFO Brian Olsavsky noted some cautiousness on spending from customers on the recent earnings call.</p><p>As more data, storage, and other needs move to the cloud and AWS, the business should continue to grow -- and it's already proven itself to be highly profitable with an operating margin of 30%.</p><p>Meanwhile, Amazon's advertising business is still putting up brisk growth even as top digital advertising platforms like <b>Alphabet </b>and Meta reported sluggish growth in the third quarter. Amazon, which is now the third-largest advertising platform in the U.S. behind Alphabet and Meta, said its advertising segment grew by 25% in the third quarter to $9.5 billion, putting it on an annual run rate of nearly $40 billion in revenue.</p><p>Amazon doesn't break out margins in advertising, but Alphabet and Meta have historically generated operating margins in the 30% range so it's reasonable to expect the same from Amazon. That would translate into $12 billion in operating income from $40 billion in revenue.</p><h2>3. The stock is well priced</h2><p>Amazon has never been an easy company to value. Investors seem to believe that the company's profits are artificially low because it invests in new products and service like Alexa, healthcare, or Amazon Go.</p><p>However, on a price-to-sales basis, the stock is now as cheap as it's been in eight years at a P/S of less than 2. The last time the stock was this cheap on a revenue multiple, AWS wasn't even a stand-alone business segment and investors had no idea how profitable it was.</p><p>Similarly, after Amazon guided for just 2% to 8% revenue growth in the fourth quarter, investors seem to expect its growth rate to be permanently impaired, but it's likely to recover. The company will face easier comparisons next year, the macro headwinds will eventually dissipate, and the markets it competes in, like e-commerce and cloud computing, still have a lot of growth left.</p><p>Market sentiment shifted against the stock due to sluggish growth in the e-commerce sector and fears of a recession this year, but the stock should bounce back once the economic narrative improves.</p><p>Investors seem to be ignoring the company's growth and profit potential, and that's a mistake. Down 50% from its peak last year, Amazon stock has a lot of room to run once the business starts to show improvement.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons to Bet on Amazon in 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons to Bet on Amazon in 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-01 20:45 GMT+8 <a href=https://www.fool.com/investing/2022/12/01/3-reasons-to-bet-on-amazon-in-2023/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSCost-cutting measures should start to pay off.The core business is still highly profitable.The stock looks undervalued.2022 is shaping up to be Amazon's worst year since at least the 2008 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/01/3-reasons-to-bet-on-amazon-in-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2022/12/01/3-reasons-to-bet-on-amazon-in-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2288207166","content_text":"KEY POINTSCost-cutting measures should start to pay off.The core business is still highly profitable.The stock looks undervalued.2022 is shaping up to be Amazon's worst year since at least the 2008 financial crisis.The stock is down 44% year to date as it's gotten hit on multiple fronts. Revenue growth slowed due to difficult comparisons and macroeconomic headwinds, and profits declined as the company overexpanded during the pandemic. As a result, Amazon is now scrambling to cut costs, announcing that it would lay off 10,000 corporate employees; it's closing or canceling construction of dozens of warehouses, and pulling the plug on experiments like Amazon Care and Scout, its home delivery robot.Those moves haven't done much for the stock as shares are still trading around 52-week lows, but things could start looking up for the company in 2023. Keep reading to see why the FAANG stock could rebound sooner than you think.1. The cost cuts will pay offWall Street often cheers when businesses announce cost cuts or layoffs. Shares of Meta Platforms, for example, jumped when it made public plans for layoffs earlier in November, but Amazon didn't get the same response.However, Amazon is making the necessary moves to right-size its business after it overinvested during the pandemic.It's also become apparent that Amazon has a lot of fat to trim. Business Insider, for example, reported that the company is on track to lose $10 billion this year on Alexa and other devices, and the Alexa division also appears to be the primary focus for the company's layoffs.There are other areas where cost controls would be prudent. Amazon's international e-commerce division loses money most years, and lost $5.5 billion through the first three quarters of this year. While the company's more mature international markets are profitable, exercising greater discipline might help make the segment as a whole profitable.With the layoffs and other cost-cutting moves, Amazon seems to be striking a more conservative balance from its traditional emphasis on experimentation and willingness to fail, and that should start to pay off for investors on the bottom line next year.2. Core businesses remain highly profitableWhile much of the attention on Amazon this year has been focused on problems like slowing growth and macroeconomic headwinds, investors seem to be forgetting that Amazon's most important profit centers continue to print cash.Amazon Web Services, the leading cloud infrastructure service, is on track for nearly $25 billion in operating income this year, and its revenue grew 27% in the third quarter even as CFO Brian Olsavsky noted some cautiousness on spending from customers on the recent earnings call.As more data, storage, and other needs move to the cloud and AWS, the business should continue to grow -- and it's already proven itself to be highly profitable with an operating margin of 30%.Meanwhile, Amazon's advertising business is still putting up brisk growth even as top digital advertising platforms like Alphabet and Meta reported sluggish growth in the third quarter. Amazon, which is now the third-largest advertising platform in the U.S. behind Alphabet and Meta, said its advertising segment grew by 25% in the third quarter to $9.5 billion, putting it on an annual run rate of nearly $40 billion in revenue.Amazon doesn't break out margins in advertising, but Alphabet and Meta have historically generated operating margins in the 30% range so it's reasonable to expect the same from Amazon. That would translate into $12 billion in operating income from $40 billion in revenue.3. The stock is well pricedAmazon has never been an easy company to value. Investors seem to believe that the company's profits are artificially low because it invests in new products and service like Alexa, healthcare, or Amazon Go.However, on a price-to-sales basis, the stock is now as cheap as it's been in eight years at a P/S of less than 2. The last time the stock was this cheap on a revenue multiple, AWS wasn't even a stand-alone business segment and investors had no idea how profitable it was.Similarly, after Amazon guided for just 2% to 8% revenue growth in the fourth quarter, investors seem to expect its growth rate to be permanently impaired, but it's likely to recover. The company will face easier comparisons next year, the macro headwinds will eventually dissipate, and the markets it competes in, like e-commerce and cloud computing, still have a lot of growth left.Market sentiment shifted against the stock due to sluggish growth in the e-commerce sector and fears of a recession this year, but the stock should bounce back once the economic narrative improves.Investors seem to be ignoring the company's growth and profit potential, and that's a mistake. Down 50% from its peak last year, Amazon stock has a lot of room to run once the business starts to show improvement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965928899,"gmtCreate":1669877121012,"gmtModify":1676538261905,"author":{"id":"4111138233826472","authorId":"4111138233826472","name":"MacXzero","avatar":"https://community-static.tradeup.com/news/372d081febae7e255ef5fbf0e6230957","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Great! ","listText":"Great! ","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9965928899","repostId":"1100468786","repostType":2,"repost":{"id":"1100468786","pubTimestamp":1669872868,"share":"https://www.laohu8.com/m/news/1100468786?lang=&edition=full","pubTime":"2022-12-01 13:34","market":"us","language":"en","title":"TSMC Plans to Make More Advanced Chips in US at Urging of Apple","url":"https://stock-news.laohu8.com/highlight/detail?id=1100468786","media":"Bloomberg","summary":"Arizona plant slated for 2024 will use 4-nanometer technologyChange is a win for Biden efforts to bo","content":"<html><head></head><body><ul><li>Arizona plant slated for 2024 will use 4-nanometer technology</li><li>Change is a win for Biden efforts to bolster US manufacturing</li></ul><p>Taiwan Semiconductor Manufacturing Co. will offer advanced 4-nanometer chips when its new $12 billion plant in Arizona opens in 2024, an upgrade from its previous public statements, after US customers such as Apple Inc. pushed the company to do so, according to people familiar with the matter.</p><p>TSMC is expected to announce the new plan when President Joe Biden and Commerce Secretary Gina Raimondo visit Phoenix for a ceremony next Tuesday, said the people, who asked not to be identified because the matter is private.</p><p>The TSMC factory had been slated to make 5-nanometer semiconductors, a standard that will be far from the cutting edge by 2024. The Taiwanese company also will commit to adding a second nearby plant, which will make even more advanced, 3-nanometer chips, they said.</p><p>TSMC previously said it would make 20,000 wafers per month at the Arizona facility, although production may increase from those original plans, the people said. Apple will use about a third of the output as production gets underway.</p><p>Apple and other major tech companies rely on TSMC for their chipmaking needs, and the change means they’ll be able to get more of their processors from the US. Apple Chief Executive Officer Tim Cook has previously told employees that his company plans to source chips from the Arizona plant. He’s scheduled to attend the event next week, the people said.</p><p>A representative for TSMC declined to comment. Apple didn’t immediately respond to a request for comment.</p><p>Supply-chain disruptions and trade tensions with China have fueled efforts to bring more manufacturing to the US and Europe. US lawmakers also passed the Chips and Science Act this year, offering $50 billion in incentives for companies looking to create semiconductors in the country. TSMC is likely to receive billions in subsidies.</p><p>TSMC, headquartered on the island, is the world’s go-to supplier for chips powering everything from smartphones to electric vehicles. Most of its production is still centralized in Taiwan.</p><p>In addition to Apple, TSMC customers like Advanced Micro Devices Inc. and Nvidia Corp. have asked the Taiwanese company to make more sophisticated chips at the Arizona plant, according to people familiar with the discussions.</p><p>AMD CEO Lisa Su and Nvidia head Jensen Huang are expected to attend the event. Representatives for AMD and Nvidia declined to comment.</p><p>TSMC’s customers have asked the company to roll out its latest technologies simultaneously in the US and Taiwan, the people said, which would help fulfill a Biden administration goal of having the most cutting-edge chips in the world produced on US soil. But TSMC has not committed to that approach, and Taiwanese and company officials have said that they intend to keep the latest technology at Taiwan.</p></body></html>","source":"lsy1584095487587","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>TSMC Plans to Make More Advanced Chips in US at Urging of Apple</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\">\nTSMC Plans to Make More Advanced Chips in US at Urging of Apple\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-01 13:34 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-12-01/tsmc-plans-to-make-more-advanced-chips-in-us-at-urging-of-apple?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Arizona plant slated for 2024 will use 4-nanometer technologyChange is a win for Biden efforts to bolster US manufacturingTaiwan Semiconductor Manufacturing Co. will offer advanced 4-nanometer chips ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-01/tsmc-plans-to-make-more-advanced-chips-in-us-at-urging-of-apple?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-01/tsmc-plans-to-make-more-advanced-chips-in-us-at-urging-of-apple?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100468786","content_text":"Arizona plant slated for 2024 will use 4-nanometer technologyChange is a win for Biden efforts to bolster US manufacturingTaiwan Semiconductor Manufacturing Co. will offer advanced 4-nanometer chips when its new $12 billion plant in Arizona opens in 2024, an upgrade from its previous public statements, after US customers such as Apple Inc. pushed the company to do so, according to people familiar with the matter.TSMC is expected to announce the new plan when President Joe Biden and Commerce Secretary Gina Raimondo visit Phoenix for a ceremony next Tuesday, said the people, who asked not to be identified because the matter is private.The TSMC factory had been slated to make 5-nanometer semiconductors, a standard that will be far from the cutting edge by 2024. The Taiwanese company also will commit to adding a second nearby plant, which will make even more advanced, 3-nanometer chips, they said.TSMC previously said it would make 20,000 wafers per month at the Arizona facility, although production may increase from those original plans, the people said. Apple will use about a third of the output as production gets underway.Apple and other major tech companies rely on TSMC for their chipmaking needs, and the change means they’ll be able to get more of their processors from the US. Apple Chief Executive Officer Tim Cook has previously told employees that his company plans to source chips from the Arizona plant. He’s scheduled to attend the event next week, the people said.A representative for TSMC declined to comment. Apple didn’t immediately respond to a request for comment.Supply-chain disruptions and trade tensions with China have fueled efforts to bring more manufacturing to the US and Europe. US lawmakers also passed the Chips and Science Act this year, offering $50 billion in incentives for companies looking to create semiconductors in the country. TSMC is likely to receive billions in subsidies.TSMC, headquartered on the island, is the world’s go-to supplier for chips powering everything from smartphones to electric vehicles. Most of its production is still centralized in Taiwan.In addition to Apple, TSMC customers like Advanced Micro Devices Inc. and Nvidia Corp. have asked the Taiwanese company to make more sophisticated chips at the Arizona plant, according to people familiar with the discussions.AMD CEO Lisa Su and Nvidia head Jensen Huang are expected to attend the event. Representatives for AMD and Nvidia declined to comment.TSMC’s customers have asked the company to roll out its latest technologies simultaneously in the US and Taiwan, the people said, which would help fulfill a Biden administration goal of having the most cutting-edge chips in the world produced on US soil. But TSMC has not committed to that approach, and Taiwanese and company officials have said that they intend to keep the latest technology at Taiwan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[],"lives":[]}