Tom_Brady

    • Tom_Brady·08-25Tom_Brady

      Qantas shares soar 7% as demand returns

      Recently, I have been focusing on airline, cruise, and casino stocks. The shares of United Continental, American Airlines, and Delta Air Lines plunged following the release of their earnings reports; United Continental declined by 10%, American Airlines fell by 7.4%, and Delta Air Lines fell by 2.7%.$American Airlines(AAL)$ $United Continental(UAL)$ and$Delta Air Lines(DAL)$. Despite my expectations, Qantas surprised me with its earnings report. $QANTAS AIRWAYS LIMITED(QAN.AU)$ $Qantas Airways Ltd.(QABSY)$ Let us take a look at the earnings reportThe airline posted an annual underlying loss before tax of A$1.86 billion in the 12 months ended June 30, wider than the A$1.77 billion restated figure from a year earlier and slightly more than analyst forecasts.Underlying earnings before interest, tax, depreciation and amortisation was $281 million, 31 per cent lower than 2021.Qantas will also invest more than $400 million in customer loyalty offerings including new lounges and new routes such as Auckland to New York.Qantas chief Alan Joyce said the airline said losses related to the pandemic now add up to nearly $7 billion over the last three years.The main reason for the difference between them is the expectation.Even though United Continental, American Airlines, and Delta Air Lines report different earnings, all of them are pessimistic about the future. As management stated at the earnings meeting, the airline industry faces three major obstacles: first, capacity constraints, including staff shortages and limited airport capacity; second, high fuel prices; and third, an increased risk of economic recession.However Qantas Airways Ltd said on Thursday it would buy back up to A$400 million ($276 million) of shares after the lifting of COVID curbs spurred a strong rebound in travel demand, surprising the market and sending its shares up 7%."We always knew travel demand would recover strongly but the speed and scale of that recovery has been exceptional," Qantas Chief Executive Alan Joyce told reporters.In addition, $QANTAS AIRWAYS LIMITED(QAN.AU)$  is awaiting a decision in November from Australia's competition regulator on its proposed $614 million acquisition of Alliance Aviation Services. Qantas currently provides about 23 percent of its charter services to Queensland and Western Australia, and the acquisition would give them access to another 30 percent of the service.In my opinion, Qantas' valuation is low due to the impact of the epidemic, which has caused the airline industry to suffer losses. If the acquisition can be completed, Qantas will have a stronger voice in the Australian aviation industry in the long run, as the economy recovers. what do you think?
      19.06K66
      Report
      Qantas shares soar 7% as demand returns
    • Tom_Brady·07-29Tom_Brady

      🔛👋[Start Engine] Amazon! take me to the Moon !🚀🌕🌕

      Amazon shares climbed more than 12% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook.$Amazon.com(AMZN)$ Amazon's net sales in the second quarter were $121.234 billion, an increase of 7% over the same period last year. This was an increase of 10% over last year, excluding the impact of exchange rate changes. This exceeded analysts' expectations of US $119.528 billion. A net loss of 2.028 billion US dollars was reported, compared with a net profit of 7.778 billion US dollars in the same period last year; Diluted loss per share was $0.20, compared with diluted earnings of $0.76 a share in the same period last year, which was lower than analysts had expected.Revenue exceeded expectations and Amazon e-commerce revenue was stableIn the second quarter, Amazon's net sales were $121.234 billion, up 7% from the same period last year, and up 10% excluding exchange rate fluctuations. This exceeded analysts' expectations of $119.528 billion. This data is not as impressive as the previous high growth rate, but it is still much better than what was expected by the market.Prior to this financial report, everyone had low expectations for Amazon.According to the latest US Department of Commerce retail data released in June, retail sales increased by 1% month-over-month to US $680.6 billion, slightly higher than the market expectation of 0.9% and 8.4% higher than last year.Due to high inflation, consumers have to pay higher living expenses.Retail sales of gasoline and diesel ranked first among all sectors, with year-over-year increases of 49.1%, followed by grocery stores and restaurants with 15.1% and 13.4% increases, respectively. Sales of electronic equipment for non-essential consumer goods declined by 9.1% year over year.Additionally, Wal-Mart and Shopify, both of which are involved in the retail industry, have issued early warnings. Wal-Mart lowered its profit guidelines for the second quarter and the whole year again on July 25, citing high inflation and the need to reduce prices and clear inventory as the cause of the steep decline in profits in the first quarter. Due to the downturn in e-commerce business, Shopify also announced this week that it intends to lay off employees in North America. The stock of Amazon fell as much as 5% on Tuesday following the news that the market believed that its business models were similar to that of its competitor.However, Amazon's net sales from online stores decreased by 4% from 53.157 billion US dollars in the same period last year, and the impact of exchange rate changes was flat year-over-year.The net sales from physical stores were 4.721 billion US dollars, an increase of 12% compared with 4.198 billion US dollars in the same period last year, and the impact of exchange rate changes was 13% year-on-year.The net sales from third-party seller services were US $27.376 billion, an increase of 9% compared with US $25.085 billion in the same period last year, and the impact of exchange rate changes was 13% year-on-year.When compared with traditional supermarkets, Amazon's greatest advantage is its logistics system. In my experience, friends who have studied supermarkets have noticed that companies such as Wal-Mart and Target are reducing their prices to promote their products.It is primarily due to transportation and inventory issues. Last year, the supply chain crisis was the most commonly discussed issue. Large retailers are concerned about running out of goods to sell, so they have spent a great deal of money on purchasing, among which Wal-Mart, Costco, and Target all charter their own ships to ensure transportation.In light of the delays in the supply chain, the company's orders currently have a delivery time of about eight months, which has led to high inventory levels this year. Retailers has an urgent need to clear its inventory.In comparison with traditional retailers, Amazon's self-operated mode increases the cost of performance, but it ensures a much faster delivery and inventory management.Subscription services revenue has increased greatlyNet sales from subscription services were $8.716 billion, up from $7.917 billion in the same period last year10%, excluding the impact of exchange rate changes, it increased by 14% year-on-year.​The income from membership subscriptions is also a valuable source of income in addition to the e-commerce business. There are two aspects to this part of business, one is the number of subscribers, the other is the subscription fee, not to mention the subscription price. Friends who follow Amazon have likely noticed that Amazon has recently increased its membership fee in many countries due to inflation. Earlier this year, Amazon announced that it would increase its Prime subscription fees in the United States. Amazon has raised its membership fees in Britain, Germany, France, Spain, and Italy since then. As a percentage, the annual subscription fee for Prime has increased the most in France, reaching 43%. The increase in membership fees will inevitably result in an increase in membership income.Amazon's subscribers are also growing. The largest prime day in history just past brought new subscribers to the company. According to reports, Amazon will hold two prime day promotion activities this year, resulting in two peaks in registration. Furthermore, Amazon will become the exclusive licensing platform for Thursday football night this fall, which is expected to attract millions of NFL fans.Additionally, Amazon launched a new service (Buy with Prime) in the second quarter, allowing third-party merchants to use Amazon's huge logistics and transportation network to process orders on their own websites. Members of Amazon Prime are able to use payment and shipping information stored in their Amazon accounts to purchase goods on the websites of other retailers. Prime service is not free for seller, and the price will vary according to payment processing, fulfillment, storage and other expenses, which will undoubtedly bring more income.The cloud service business is steadily growingA cloud service business from Amazon is also worth keeping an eye on. The net sales of AWS cloud services reached US $19.739 billion, an increase of 33% over US $14.809 billion in the same period last year. Excluding the impact of exchange rate changes, it also increased by 33% year-on-year, which was higher than the US $19.56 billion predicted by Wall Street. .​Amazon's AWS cloud service business has played a crucial role in driving revenue and profit for a long time. Because most of their revenue is derived from subscription contracts, cloud service businesses are more durable and stable than e-commerce businesses.However, due to the current macroeconomic headwinds, this part of the business will also be affected. As well as subscription contracts, Amazon, Microsoft, and Google are also dependent on customer usage, which may rise or fall depending on their business health. Under the current headwind macro environment, Microsoft's previously released financial report indicates that European and American companies have delayed their investment in IT facilities such as cloud services, and leading cloud service providers, such as Oracle and NetSuite, have begun to offer substantial discounts to gain a greater share of the low-end market. While enterprises are hesitant to invest, the total demand remains relatively stableA strong dollar slows the growth of profit marginsAmazon's net loss in the second quarter was 2.028 billion US dollars, compared with the net profit of 7.778 billion US dollars in the same period last year; Diluted loss per share was $0.20, compared with diluted earnings per share of $0.76 in the same period last year. Less than analysts expected.A major contributor to this loss is Rivian, a manufacturer of electric pickup trucks. The company listed on NASDAQ in November 2021 with an issue price of $78, a financing scale of $12 billion, and a market valuation of $66.5 billion. Amazon has invested more than $1.3 billion in Rivian and holds approximately 160 million shares of the company.Rivian's share price, which reached $172 at its peak, is now only $33. The share price of Rivian plunged 49% in the second quarter, resulting in a loss of $3.9 billion for Amazon, bringing its total investment loss this year to $11.5 billion. Amazon can achieve positive returns this quarter if Rivian's losses are excluded.In addition to investment losses, Amazon's profit margin is also affected by macroeconomic factors. Currently, the United States is in the process of raising interest rates, and the most significant effect of a strong dollar on Amazon is the impact of an exchange rate. This quarter's revenue growth in North American retail is close to 10%, and the growth rate has begun to recover from its low point last quarter. However, the revenue of international business still decreased by 3% year-on-year. While Amazon has reduced costs and increased efficiency by laying off employees and cutting expenses, there is a possibility that this decline may continue for some time under the influence of a strong dollar.Overall, Amazon's financial report for the second quarter is still very good, and with a relatively high guidance, it is inevitable that the stock will rise after hours. According to Amazon, its net sales are expected to reach $125 billion to $130 billion in the third quarter of fiscal year 2022, an increase of 13% to 17% year-over-year.In terms of trend, Amazon's stock price has reached a key point. At present, Amazon's stock price is close to the double bottom form on the graph, which indicates a possible reversal of the trend. When the stock price breaks through the neckline and volume rises, it can be considered a buy signal, with a target price of 160.
      5.22K95
      Report
      🔛👋[Start Engine] Amazon! take me to the Moon !🚀🌕🌕
    • Tom_Brady·07-21Tom_Brady

      Tesla beats earnings estimates once again. but, profits declined

      Tesla reported earnings after the bell, and the results sent the stock up slightly after hours.According to Tesla's second quarter 2022 financial results, revenue was $16.93 billion , up 42% year-over-year. net income was $2.269 billion, compared with $1.142 billion in the same period last year. Tesla's share price rose by 5.57% in after-hours trading following this announcement.Tesla beat earnings estimates againThe company reported revenue of $16.93 billion in the first quarter of 2021, an increase of 42% compared to $18.75 billion in the prior quarter. Revenue growth was driven in part by an increase in the number of cars Tesla delivered. Revenue from the automotive segment totaled $14.6billion, an increase of 43% compared to $10.2 billion a year earlier.No surprises are to be found in this data. On July 2, 2022, Tesla announced its vehicle production & deliveries for Second Quarter 2022. A total of 254,000 Tesla vehicles were delivered in the 2nd quarter, including 16,162 Model S/Xs and 238,533 Model 3/Y, up 26.2% from a year ago, but down 18% sequentially and below analysts' expectations of 350,000 units.If we assume Tesla's average selling price of $55,000, then the car sales revenue will be approximately 13.75 billion dollars, plus carbon credit income and car rental income, so a revenue of 14.6 billion US dollars is generally in line with expectations.Tesla's second-quarter profit fell 32%Due to significant supply chain price pressure across the industry, Tesla has raised prices across its entire line of electric vehicles. However Tesla's second-quarter profit fell 32% from record levels in the first quarter. It suffered through supply chain disruptions, chip shortages and a 22-day shutdown at its gigafactory in Shanghai.Computer chips are not the only raw material seeing shortages and price increases. Nickel-- a crucial component in EV battery making -- is up around 20% at $21,200 per ton on the London Metals Exchange. Battery-grade lithium carbonate prices are up around 60% from early 2021 levels.Tesla sold around 75% of its bitcoin holdingsTesla also said it sold around 75% of it bitcoin holdings by the end of the second quarter, a figure equal to around $936 million, which was added to its balance sheet. In 2021, Tesla announced the purchase of bitcoins worth $1.5 billion.The most valuable and popular cryptocurrency is Bitcoin, whose price fluctuates dramatically. A year ago, bitcoin peaked at $67,000, but at the end of June this year, the price plunged back below 20,000, a drop of more than 60%.Tesla may hold approximately 42,000 bitcoins based on the previous average price. Based on recent price movements, Tesla's impairment loss on bitcoin alone could reach $440 million if Tesla does not close out its position.The sale of Bitcoin not only eliminated the impairment loss on Bitcoin, but also generated $936 million in cash for Tesla.What is your opinion of Tesla's valuation?Tesla's P/E ratio is currently over 100 times, while the average P/E ratio for the auto industry is approximately 50 times. Tesla's delivery growth rate over the past five years is 50%, which has contributed to its high valuation. Tesla's valuation will return to rationality if growth ceases.Based on Tesla's 50 percent delivery guidance, approximately 1.4 million vehicles will be delivered. Although Tesla produced a total of 560,000 units in the first half of the year, if the delivery target of 1.4 million units is maintained, this represents an average capacity of 420,000 units for the third and fourth quarters.CEO Elon Musk, on an earnings call Wednesday, said Tesla’s new factory outside of Berlin surpassed 1,000 cars per week in June, and he expects the company’s new factory in Austin, Texas to exceed the 1,000 per week production milestone in the next few months.Tesla plans to increase the capacity of its Shanghai plant from 450,000 units to 750,000 units.What do you think of Tesla's second quarter earnings report? What is your opinion of Tesla's valuation? $Tesla Motors(TSLA)$
      13.68K118
      Report
      Tesla beats earnings estimates once again. but, profits declined
    • Tom_Brady·07-01Tom_Brady

      2022 Half-Year Recap: The biggest news in the market

      Russian-Ukrainian WarIn the past few months, the Russian-Ukrainian conflict has escalated. This conflict is not only a military conflict between Russia and Ukraine, but also an economic war between Russia and the United States and its allies. Following the outbreak of the war, several rounds of economic sanctions have been imposed on Russia by the United States and Europe. The chain reaction of the war and economic sanctions resulted in large fluctuations in the stock market, foreign exchange market, energy, agriculture, and precious metals futures markets.InflationU.S. Consumer prices accelerated in May at the fastest rate since 1981. The Bureau of Labor Statistics' May Consumer Price Index (CPI) showed a year-over-year increase of 8.6% last month, up from 8.3% in April. The biggest contributors to the latest jump in inflation were shelter, gasoline, and food, according to the BLS.RecessionTraders are slashing their bets on how far central banks will be able to lift interest rates this cycle, reflecting growing fears in financial markets of economic slowdown or even outright recession.higher interest rates mean higher borrowing costs . Consumption and investment will slow down, and unemployment rates may rise.People will eventually start spending less. The demand for goods and services will then drop .According to a forecast published by Bloomberg, the probability of a recession by early 2024 has reached 72%.Fed hikes interest rateThe Federal Reserve launched its biggest broadside yet against inflation. On May 4, the U.S. Fed raised its interest rate by 0.5% to 0.75%-1.0%, becoming the largest interest rate hike since 2000. On June 15, the Fed hiked its benchmark benchmark interest rates by 75 basis points to a range of 1.5%-1.75% in June, and Chair Jerome Powell indicated there could be another similar move in July. From November highs, the S&P 500 is down more than 20%, while the Nasdaq-100 has fallen 30%.Oil PricesU.S. Crude oil prices turned negative for the first time, as dismal company earnings reports underlined worries about economic damage from the coronavirus pandemic. Under normal circumstances, with the Federal Reserve's rate rise cycle beginning, crude oil and other commodity prices will fall in the coming year. However, affected by the energy crisis caused by the Russian-Ukrainian War , crude oil prices rose again, and the price of WTI crude oil futures even exceeded 130 US dollars.Algorithmic Stablecoins CrashedYou may have heard of algorithmic stablecoins. Rather than maintaining a peg by the use of a reserve of assets, TerraUSD aims to mimic the U.S. dollar and maintain stability through a complex algorithm. However, the algorithm failed and caused TerraUSD to lose its peg and collapse. As a result, the Luna fell to zero in May and even the cryptocurrency market crashed.Proposed Acquisition of Twitter by Elon MuskOn April 14, Elon Musk offered to purchase social media company Twitter, Inc., for $44billion, after previously acquiring 9.1 percent of the company's stock for $2.64 billion, becoming its largest shareholder. Twitter adopted a limited duration shareholder rights plan, often called a “poison pill,” a day after billionaire Elon Musk offered to buy Twitter. on June 21 Musk reiterated that there are still “unresolved matters” for the Twitter deal.Drop COVID Testing for Incoming International Air TravelersThe United States rescinded a 17-month-old requirement that people arriving in the country by air test negative for COVID-19, a move that follows intense lobbying by airlines and the travel industry.Many countries in Europe and elsewhere have also dropped testing requirements. Dropping these requirements will boost travel.
      15.12K373
      Report
      2022 Half-Year Recap: The biggest news in the market
    • Tom_Brady·05-01Tom_Brady

      5 Takeaways From The 2022 Berkshire Hathaway Annual Meeting and Quarterly Earnings Report

      Warren Buffett addressed investors throughout the world at Berkshire Hathaway's 2022 Annual Shareholder Meeting on Saturday, and returns to Omaha in person for the first time since before the pandemic began. In an hours-long event, the investing legend fielded questions on Berkshire's business and investment decisions, and his views on the economy.At the Berkshire meeting, Buffett stated that inflation swindles almost everyone, and Munger railed against bitcoin and the market mania. Here were some of the highlights from the event. Buffett's Berkshire Hathaway reported a decline in first-quarter earnings on Saturday due to the stock market turmoil and weaker insurance results.The company reported $7.04 billion in revenues,up 0.3 percent year-over-year. The company reported $5.46 billion in earnings, down from $11.71 billion in the year-earlier period for a decline of about 53%. Earnings per share for the first quarter were $3,702, down sharply from $7,638 a year ago, compared with analysis expectations of $4,490.Warren Buffett previously stated that the company's earnings tend to fluctuate from quarter to quarter because it holds a large number of assets.Thus, long-term investors should pay more attention to the company's operating earnings.Berkshire’s operating earnings was $7.04 billion. Earnings from Berkshire’s manufacturing, service and retailing segment jumped 15.5% to $3.03 billion in the quarter, railroad and utilities earnings increased slightly. Earnings from insurance underwriting business dropped nearly 94% to $47 million from $764 million in the year-earlier period. “The amount of investment gains (losses) in any given quarter is usually meaningless and delivers figures for net earnings per share that can be extremely misleading to investors who have little or no knowledge of accounting rules,” Berkshire said in Saturday’s release. Berkshire also announced its latest top four holdings, which represent 66% of its portfolio. $Apple(AAPL)$ remained Berkshire Hathaway's largest holding at the end of March, valued at more than $159.1 billion. Followed by $Bank of America(BAC)$ ($42.6 billion), $American Express(AXP)$ ($28.4 billion), and $Chevron(CVX)$ ($25.9 billion). Berkshire bought more than $51 billion of stocks during Q1′s market turmoil During the market turmoil of the first quarter, Berkshire purchased more than $51 billion worth of stocks, including large investments in Chevron, HP, and Occidental.Berkshire 's Chevron investment was worth $25.9 billion at the end of March. The stake, which was first purchased in the third quarter of 2020, increased its position by about one-third during the fourth quarter 2021. Due to an increase in oil prices, Chevron's shares rose more than 30% this year.Chevron was not Buffett's only favorite energy stock. Buffett also purchased 136.4 million shares of Occidental Petroleum, worth over $7.2 billion, last month.The Russian invasion of Ukraine is deepening concerns about energy prices. Even before the invasion, gasoline prices in the United States had risen sharply since last February. In addition, The energy sector yields 4.7%, compared to S&P 500′s 1.5% dividend yield. Chevron pays a 3.6% dividend.Buffet explained that the short-term volatility resulting from a "gambling mentality" enabled him to identify good long-term investment opportunities. “That’s not investment. You’re not buying from investors. I find it just incredible. You couldn’t do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,” Buffett said. “That enabled us, in a two-week period, to buy 14% of a business that’s been around for decades,” Buffett said. “Imagine trying to buy 14% of the farms in this country. 14% of the apartment houses. 14% of the auto dealerships, or just anything, when 40% were locked up some other place. It defies anything Charlie and I have seen, and we’ve seen a lot.” The best protection against inflation is investing in your own skills Inflation is the hottest topic this year. The annual inflation rate in the US accelerated to 8.5% in March of 2022, the highest since December of 1981 from 7.9% in February and compared with market forecasts of 8.4%. Core consumer prices in the United States rose 6.5 percent year-on-year in March of 2022, accelerating from a 6.4 percent increase in February.Buffett talked about the massive stimulus during the pandemic as a key reason for the rising prices now.“You print loads of money, and money is going to be worth less,” Buffett said“Inflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,” he said.Bufett pointed out that inflation also increases the amount of capital that companies need and that maintaining inflation-adjusted profits is not as simple as raising prices. Buffett reiterated that the best protection against inflation is investing in your own skills. Hyperinflation sees a rapid and continuing increase in nominal prices, the nominal cost of goods, and in the supply of currency. You do not have to worry about hyperinflation if you do what you are good at and become useful to society. Cash Is King, Berkshire is ‘better than the banks’ Buffett reiterated that they believe in holding lots of cash. And here he distinguished Treasury bills from commercial paper. The former is cash, the latter is not.Although Berkshire invested $51 billion in the first quarter, it still holds over $100 billion in cash and cash equivalents. Warren Buffett has stated in a letter to shareholders that Berkshire will always hold more than $30 billion in cash. he reinforced his belief in cash’s value Saturday, even in a high-inflation environment.Buffett played a significant role during the Great Recession, providing capital during a pivotal moment to companies such as Bank of America and Goldman Sachs.Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need. “We want Berkshire Hathaway to be there and in a position to operate if the economy stops. Some of our companies have bank lines – I don’t know why they have the bank lines. We’re better than the banks. We’ll give them the money if they need it.” Buffett said. They are Still no Fans of Bitcoin “When you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,” he said. Bitcoin has become increasingly attractive to certain investors who are using bitcoins and other cryptocurrencies as a hedge against inflation. Fidelity Investments intends to allow investors to put a bitcoin account into their 401(k)s.But Buffett and Munger have still criticized crypto and bitcoins.Buffet stated that he cannot calculate the value of bitcoin because it does not produce anything, “Whether it goes up or down in the next year, or 5 or 10 years, I don’t know. But the one thing I’m pretty sure of is that it doesn’t produce anything,” Buffett said of cryptocurrency, “It’s got a magic to it and people have attached magics to lots of things.” Buffet explained farmland, apartment buildings — and even art — as assets that had more tangible value than bitcoin. “If you said… for a 1% interest in all the farmland in the United States, pay our group $25 billion, I’ll write you a check this afternoon,” Buffett said. ”[For] $25 billion I now own 1% of the farmland. [If] you offer me 1% of all the apartment houses in the country and you want another $25 billion, I’ll write you a check, it’s very simple. Now if you told me you own all of the bitcoin in the world and you offered it to me for $25 I wouldn’t take it because what would I do with it? I’d have to sell it back to you one way or another. It isn’t going to do anything. The apartments are going to produce rent and the farms are going to produce food.” Munger said bitcoins are stupid and evil. “In my life, I try to avoid things that are stupid and evil and make me look bad ... and “In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three,” Munger said. “In the first place, it’s stupid because it’s still likely to go to zero. It’s evil because it undermines the Federal Reserve System... and third, it makes us look foolish compared to China. It was smart enough to ban bitcoin in China.” Buffett said, displaying an image of an old $20 bill. “The United States government affects that this became exchangeable for lawful money in the United States,”While it loses significantly in purchasing power during a financial crisis, when we need to pay our bills, we use that instead of bitcoin. There is no reason for the U.S. government to allow another currency to replace US dollars. Buffett says he has never been ‘good at timing’Buffet has stated many times that he cannot predict the future. He cannot predict future earnings or market performance. He is also unable to predict economic conditions.Buffet stated that he had also missed some opportunities. He failed to make several large purchases in the early days of the pandemic. In March 2020, the Dow Jones Industrial Average dropped 12.9% in a single day, its worst day since 1987. “We have not been good at timing,” Buffett said. “We’ve been reasonably good at figuring out when we were getting enough for our money. And we had no idea when we bought anything, but we always hoped it would the down for a while so we could buy more. ... I mean, that stuff, you could you could learn in fourth grade.” Instead, Buffett follows a value investing strategy, which involves picking companies with attractive valuations instead of investing based on the whims of the stock market.Warren Buffett purchased Apple in the first quarter of 2016. Apple's stock price was about $100 at the time, and after he bought it, it dropped to $90. Warren Buffett continued to purchase Apple in the following years. In mid-2018, the conglomerate acquired 5% ownership of the iPhone manufacturer, a stake valued at $36 billion, and it is now worth $160 billion.Other than Apple’s giant appreciation in share price, it also pays regular dividends, averaging about $775 million annually.
      47.61K1.35K
      Report
      5 Takeaways From The 2022 Berkshire Hathaway Annual Meeting and Quarterly Earnings Report
    • Tom_Brady·04-21Tom_Brady

      Tesla Crushes Q1 Estimates,Sends Share Price to the Moon

      Tesla just reported first-quarter earnings for 2022 and beat analysts’ expectations on the top and bottom lines. Here are the key numbers. According to Tesla's first quarter 2022 financial results, revenue was $18.756 billion, up 81% year-over-year and exceeding analysts' expectations of $17.84 billion; net income was $3.280 billion, compared with $464 million in the same period last year, exceeding analysts' expectations of $2.589 billion.Tesla's share price rose by 5.57% in after-hours trading following this announcement.The company reported revenue of $18.756 billion in the first quarter of 2014, an increase of 81% compared to $17.84 billion in the prior quarter.Revenue growth was driven in part by an increase in the number of cars Tesla delivered. Revenue from the automotive segment totaled $16.861 billion, up 87% compared to $9.002 billion a year earlier. It is important to note that this data is also not widely expected, as the automotive industry generally announces sales data in advance. Despite ongoing supply chain challenges and factory shutdowns, Tesla reported that it produced over 305,000 vehicles and delivered over 310,000 vehicles in the first quarter. If we assume that Tesla's average selling price is $50,000, then a conservative estimate of car sales revenue is approximately $15.5 billion. However Tesla's actual Automotive revenue is $16.8 billion, which is primarily due to an increase in Tesla's average selling price (ASP). Due to significant supply chain price pressure across the industry, Tesla has raised prices across its entire line of electric vehicles. Computer chips are not the only raw material seeing shortages and price increases. Prices for lithium, a key material used in electric vehicle batteries, have increased by more than five times over the past few years. The price of cobalt, another key material for batteries, is also significantly higher than it used to beTesla reported an automotive gross margin of 32.9%, up about 230 basis points from the previous quarter. Total GAAP gross margin was 29.1%. Net profit was $3.318 billion, up 658% year-over-year, exceeding analysts' expectations of $2.589 billion.Earnings growth was driven by three main factors: The first is due to the previously mentioned price increase. The increase in average selling prices increased Tesla's overall revenue. The second is Tesla's increased operational efficiency. Tesla Motors' total operating expenses in the first quarter were $1.857 billion, compared to $1.621 billion in the same period last year and $2.234 billion in the previous quarter.The research and development expenses were $865 million, compared to $666 million a year ago.The selling, general, and administrative expenses were $992 million, a decrease from last year and the previous quarter.Third, revenue from selling carbon credits for vehicles amounted to $679 million, compared to $518 million in the same quarter a year ago and $314 million in the preceding quarter.Carbon credits (regulatory credits) have played a very important role in helping Tesla's revenue and net income to increase significantly.Carbon credits, as the name implies, are carbon credits sold to rival car companies, and Tesla earns revenue by selling zero emission vehicle (ZEV) credits and greenhouse gas emission (GHG) credits to other manufacturers. These manufacturers use the purchased credits to meet market regulations in lieu of building their own electrified or fuel-efficient vehicles. The investors have been most concerned about Tesla deliveries. Tesla lost about a month of building volume out of factory in Shanghai due to COVID-related shutdowns. On the company’s earnings call, CFO Zachary Kirkhorn and CEO Elon Musk said that Tesla remains confident that it can grow at least 50% over 2021 numbers.Tesla's stock price has been fluctuating over the past few months. The price of the stock is stabilizing around 1000, and the 38.2% retracement of the recent rally at 980 and the 50-day exponential moving average around 970 provide support. Given the current financial performance, it is possible to take advantage of the trend to move up to the 1100 area, the high point of early April.What do you think about Tesla?$Tesla Motors(TSLA)$
      88.01K791
      Report
      Tesla Crushes Q1 Estimates,Sends Share Price to the Moon
    • Tom_Brady·04-15Tom_Brady
      Easter Egg Hunt
      @Bonta
      It is sometimes very tough to understand what does musk think. He can say this, turn around say another. There's already too much drama on this twitte episode. He has orchestrated it in a way that he is trying to decide if he should buy, when he has already bought. Leading his fans on to pile into twitter. Then came about the board issue, he was offered a position, then he rejected. After that, He just announce that he will offer a buy over. In between, he does not need to put a cent in, to have his twitter shares gain value. Ya ya, world richest man, doesn't need that small change. That small change may be small change to him, but may not be so for his "friends", who knows what will he be doing before he announces the action. It's not the first time that musk did questionable actions.  Musk "taking Tesla private". Musk "should I sell my shares".  And who can forget dodgecoin. At the end of day, we won't know his motivations and what is he reAlly planning.  If we really went all in to buy $Twitter(TWTR)$ ytd, and his announcement come today That he will backtrack. Imagine the pain for those who followed him blindly.  I do respect him as a great engineer, a greatvisionary, a great disruptive, a great inventor.  However, a great influencer he is not.  Anw, in the end, doubt that he will succeed In the buyover. Sometimes it is not just about money.  I will suspect more drama coming for his plan B. $Tesla Motors(TSLA)$ investors hang on tight!  Congratulations, you have found an Easter Egg. You can earn 50 Tiger coins by leaving a comment below this post“Easter Egg Hunt”. ​​​Click here to learn more
      It is sometimes very tough to understand what does musk think. He can say this, turn around say another. There's already too much drama on this twitte episode. He has orchestrated it in a way that he is trying to decide if he should buy, when he has already bought. Leading his fans on to pile into twitter. Then came about the board issue, he was offered a position, then he rejected. After that, He just announce that he will offer a buy over. In between, he does not need to put a cent in, to have his twitter shares gain value. Ya ya, world richest man, doesn't need that small change. That small change may be small change to him, but may not be so for his "friends", who knows what will he be doing before he announces the action. It's not the first time that musk did questionable actions.  Musk "taking Tesla private". Musk "should I sell my shares".  And who can forget dodgecoin. At the end of day, we won't know his motivations and what is he reAlly planning.  If we really went all in to buy $Twitter(TWTR)$ ytd, and his announcement come today That he will backtrack. Imagine the pain for those who followed him blindly.  I do respect him as a great engineer, a greatvisionary, a great disruptive, a great inventor.  However, a great influencer he is not.  Anw, in the end, doubt that he will succeed In the buyover. Sometimes it is not just about money.  I will suspect more drama coming for his plan B. $Tesla Motors(TSLA)$ investors hang on tight!  Congratulations, you have found an Easter Egg. You can earn 50 Tiger coins by leaving a comment below this post“Easter Egg Hunt”. ​​​Click here to learn more
      149Comment
      Report
    • Tom_Brady·04-15Tom_Brady
      Easter Egg Hunt

      【Tiger Friends Interview】The Allure of Options Trading Ⅱ

      @TigerClub
      Trading options may be a good choice if you're expecting investment returns beyond stocks, funds and bonds. We have invited three Tiger friends to share the charm of options with you! Welcome @Bonta、@Wayneqq、@Michane @Bonta Hi, Bonta here. I am currently in my early 40s and is working in construction industry in a senior management role in Singapore. T: Does your nickname mean anything special to you? My nickname is actually derived from an anime series “Full Metal Panic Fumoffu”.Bonta-kun which is also my current display pic is the mascot for the series.He can only communicate by saying “Fumo” or “Fumoffu”.Hence, no one can understand what he is saying. Unfortunately, this feels exactly like what I am saying when I discuss about options with my friends. They do not really understand what are options no matter how hard I explain or illustrate. Hence, you will notice that I do try my best to explain about options in layman terms. T: How did you become interested in investing? Back in 2007, when I was doing internship.The seniors who were in 50s then, gave me the advice that we can’t depend solely on working income to retire. The sharing had a great impact on me then.Fortunately or unfortunately, I came across an advertisement on options investing that can make you become a millionaire quickly, promising super scaled returns.Being young and gullible, I attended the introduction course, paid money for the beginner course.The course emphasized on buying options to bet on direction and to improve the success rates through technical analysis and charting.However, the more it continued, no matter how closely I kept to the strategies and the trades that were shared, losses continued to mount until eventually my account was wiped out. During that time, I finally realized that I had been on the wrong track. The lesson was painful.I decided to do my own research and reading up and not to depend on others for “Advice” or “confirm 100% sure win strategy”.I spent most of my time in the library, Borders and Kinokuniya then, and went through the available books that I could get my hands on. T: Why return to the options market?Have you considered the value investing system? Warren Buffet struck me the hardest on his investment philosophy and approach.This time round, I only buy dividend stocks that are undervalued. The approach worked, I started to accumulate a sizeable portfolio through monthly DCA of at least 30% of my salary and my bonus. Dividends cushioned my portfolio during crashes, and as the shares are undervalued, capital appreciation happened over time. This portfolio formed the foundation of my investment and I had built it up over the duration of 10 years, always buying but seldom selling. I loved the passive nature of the dividends that kept on coming in. Then COVID-19 came along. I caught COVID-19, during that time I realized that if something happened to me, my dividend portfolio is still not sufficient to replace me to provide for my family’s expenditure. I couldn’t afford to wait for my portfolio and dividends to slowly grow. During that time, my best friend was asking me about options. He knew that I had the knowledge, and asked if I could guide him. He told me options commissions had already dropped significantly, I restarted my options account. T: Why do you choose Tiger? During last year, there is a concern amongst Alibaba investors.What if Alibaba becomes delisted in USA.$Alibaba(BABA)$ I decided to do my own research on the what if scenario.In the event of delisting, $BABA will either become OTC or will get converted to $9988 in Hong Kong.My broker then does not have Hong Kong Shares, as such, if the delisting took place, I would have to do a transfer to another broker with Hong Kong Shares.I started to look around for solutions that can solve this issue. I was looking for a broker that can trade USA options, and also have access to Hong Kong Shares.I realized through my colleague’s recommendation that Tiger has both Hong Kong and USA Options. With that in mind, I decided to start my Tiger account. T: Have you established an investment strategy that suits your needs? I have 2 separate portfolios. The first portfolio comprises of undervalued companies which provide dividends.This portfolio, I perform DCA and hold them for long term. Unless stocks fundamental changes or stock prices is getting expensive, I do not sell them.These shares are meant for legacy planning, hence, I do not intend to sell them. My second portfolio comprises of optionable stocks.It comprises either undervalued companies or ETFs.The aim for this portfolio is to provide monthly cashflow through selling options.Time frame is dependent on market conditions, shortest time frame is weekly to a few months. T: Since you began trading options, has your interpretation changed? When I first started options, it was due to greed and wanting to get rich soon. (Young and dangerous then) After I had gained experience and restarted options, my motivation is to obtain a supplementary income, if possible, replace my income, so that I will no longer be dependent on my primary income. This will give me the freedom to spend more time with my loved ones and to pursue my interests, if I choose to. T: What is your most commonly used option investing strategy? How are the earnings? My most commonly used option investing strategy is selling cash secured puts. Basically, I will replace my conventional stock buy order, with selling put options at the price that I wanted to buy the stock initially, then I will wait for the assignment if it comes.If assigned, I will get the stock at a discount compared to conventional buy order.If not assigned, I will sell the put option again and wait again.For this strategy, you will define the earnings rate at the time of execution. In general, I am achieving 3-5% monthly return of capital on an average basis. T: Can you tell us your most unforgettable investing story I was involved in the May 6 2010 flash crash in the stock market.The market plunged suddenly and without warning. All my stop losses were triggered, but as the market crashed so fast, my stop losses were assigned at extremely poor rate. I can’t remember the exact %, but the assignment was several times of my stop loss when filled. I lost around 20k USD in 1 night, even though I had set up all the necessary stop losses.After it happened, my mind was blanked out for a few days. I developed a healthy fear for the markets, and hence the decision to only focus on Undervalued dividend stocks which I will no longer need stop losses as I intend to buy and hold only. T: How do you do stock investment research in your everyday life? In general, I go through financial websites like Motley fool, CNN, Bloomberg, yahoo finance for stock investment research.While driving, I will listen to youtube with regards to financial news.With regards to company valuation, I will cross check with Simply wall street, Tip ranks and Reuters. Lately, I have been following tiger community and news for financial related news.The financial information and news are timely and serves as a 1 stop portal. T :Lastly, what would you like to say to your fellow Tiger friends? Everyone’s character and temperament is different.Hope that Tiger friends is able understand more on the various investing styles and choose the one that’s the most suitable for them.They will be able then, to gain more while doing less. To end off, invest safely everyone! @Wayneqq Hi, I am wayneqq. I am in my early 40s and I work as an engineer doing research and development in electronics. I like photography and taking photos of natural landscape as can be seen in my profile picture. I am true blue Singaporean, born and raise here in HDB heartlands and grow up average like any other child. T: Can you share with us your investment story The old adage my parents taught me was study hard, get a good job, work hard, save as much as possible, and you will lead a good life and retire rich. As I grow up following what I was told, I begin to doubt that. I seen people who worked hard all their lives, but still remain poor and people who hardly work, but happen to grasp seemingly mundane opportunities became very rich. This was when I start to pay attention to how these average people became so successful. The first book I was introduced to was Rich Dad Poor Dad by Robert Kiyosaki. The ideas espoused in the book blew my mind away. I began to dabble in stocks about 8 years ago in 2014 but had no idea how to go about doing it. OCBC bank was having a promotion for their Blue Chip Investment Plan (BCIP), so I signed up for it and started to DCA into REITs after I read up a bit of what DCA is and what REITs are. I collected regular dividends and continue to DCA in since then, but I was really passive until after the stock market flash crash in 2020 due to covid-19 and subsequent lockdown that spur my interest again in stocks. T: Why do you choose Tiger? Which aspects did you find most attractive? I had attended VI college and was introduced to options. I was looking around for a platform to do options. My brother introduced me to Tiger broker when he overheard me talking about options. He told me the sign up was very fast, the interface was nice, the commission was low, it has access to many markets, and he was also using it for options. As I was paying an arm and leg for the commission for using banks to buy and sell stocks, and this sounded really good, I immediately sign up. T: What are your investment preferences? I am more of a long-term investor. I will hold stocks for years so I tend to look for companies with solid fundamentals and the potential for growth or at least stay relevant for 5 to 10 years. I use options as a tool to hedge my entry and exit for my stock positions. As I am in Singapore, I have a larger part of my portfolio in the Singapore Market, specifically in REITs. Unfortunately, Singapore market does not have options, so I will buy and sell stocks directly. Most people group stocks into defensive, growth, value etc. I prefer to look at them as individual companies instead of such big groupings and I will look at how they compare against their peers (if any) and whether they have the right product and strategy to still be around in 5 to 10 years. T: What do you think you know about options trading? I did not know much about options until recently. Prior to me attending VI college, I was told not to even touch any type of derivatives because they are very dangerous. After attending VI college and understanding more about options and how to use such powerful tool, I knew I just had to try it, and I never look back since then. T:Why do you like options trading? Options are very powerful tools. They allow me to reduce my risk of my stock holding and give me regular cash flow while I wait to add to my position or divest from my position. This cash flow is tax free and is on top of any potential dividends the stock will pay out, and the returns from selling options can easily be double digit percentage compared to dividend yields and bank interests. T: What is your most commonly used option investing strategy?How are the earnings? My commonly used option strategy is Selling Put and Call options, specifically Selling cash-covered puts and covered calls. Sometimes, the simplest strategy is the best. Typically, the returns are high single digit to double digits percentage per annum. T: Can you tell us your most unforgettable investing story? Although many people say that as a long-term investor, you should not be concerned about short term fluctuations. However, knowing technical analysis is also very important. Establishing a position based on valuation is important, but knowing stock trend at the point in time can give so much added advantage to the entry or exit price. There are so many instances where I know that the price is below value and I entered a position, only to see the price drop further because I did not understand enough TA to notice the bearish trend. This is worse for options because all the gains and losses are magnified. One recent example is Alibaba. It was oversold and was on the rebound. Unfortunately, I sold a call option when it was just on the rebound. Then the price went up from 85 to 120 in a few days. The option premium went from 0.70 per share to 2+ per share. If I had known TA and waited for a few days, I would have made 300% more in a few days. T: Do you have any new insights on recent market fluctuations? The market will continue to be very volatile with so much uncertainty. The fed is determined to tame inflation. This means that they will continue to increase interest rates and reduce their balance sheet. This will put downward pressure on the market, especially on companies who do not have positive cash flow. Coupled with the uncertain situation in Ukraine, and the supply chain issues caused by covid, we can expect more ups and downs. T: Could you give us investment advice for our new tiger friends? Do not buy into any stock or do options based on hearsay or recommendations from anyone. Always do your own research. Google is your best friend. Use it to look into the company that you have an interest in, how they make money, how they plan to expand, what is the market they are targeting at, and who their competitors are. Seeking Alpha is a good site to go to for analyst’s thesis on companies. Understanding financial statements, looking at earnings report, earnings calls, company announcements, and knowing who is who in the company management are also important to understand the company products and direction. T: Lastly, what would you like to say to your fellow tigers? Stay safe, stay invested, do not FOMO and buy or sell just because everyone is talking good or bad about it, keep sharing, and make more friends here @Michane Hello Tiger brothers and sisters!I’m a Singaporean in my late 30s and currently dedicating half of my time working at a friend’s dessert shop for 6 months. My username is also a name which I gave myself as an English name. I happen to think of it, because it is unique and I wanted to give people a “chance”. Also I would love to have something that starts with a “Mi”. Hence, this name “Michane” is borned! T: Can you share with us your investment story I have been trading just after a year since I started working in my 20s, as I believe it would be wise to start investment since young. However, I stopped halfway as I realised later on that I was quite bad at applying what I learnt from those stock seminars which I attended, leading me with a portfolio of losing trades instead. Then, almost 10 years later I got married and my husband showed me how to trade with confidence and so I took the courage to trade again. T: Why do you choose Tiger? I chose Tiger because I find it quite user-friendly. There are lots of opportunities for writing post and articles, and chances to earn Tiger coins or win commission cards to offset our trades! The chance to win commission cards is a great perk and very attractive to me. I can also reach out to our friendly customer service whenever I need help! T: If you would like to introduce a feature to Tiger Friends, What would you introduce? Tiger is quite reliable too with regards to news feed and some news come quite fast. So dear Tiger friends, whether you’re a newcomer or not, don’t just rely everything on Google! T: You started trading options for what reason? Last year, I left my job to relocate overseas with my husband for his outstation contract and during the second half of the year, I became a day-trader. However, recent market situation has further fueled my interest to delve into Options-trading. Now that both of us are back in Singapore, I have also turned into a short-term value investor. And Options-trading allows me to continue investing at my comfortable pace. T:Why do you like options trading? I love the flexibility of Options-trading! Base on the market trend and the stock position that you are holding, you can choose the strategy best to work around losing trades or just to profit from the Option trade itself. Chances of returns can be pretty high, although this comes with higher risks too. T: What is your most commonly used option investing strategy?How are the earnings? My most commonly used option strategy is sell PUT. I have been doing it since February. It’s a 100% win for now and my earnings from it so far is just over $100, as I only trade 1 Option lot each time and letting it go expire! To me, sell PUT is the best stategy to average-down a stock that you find “stuck” in a portfolio for some time. T: Can you tell us your most unforgettable investing story After some years in the trading world, I would prefer to trade Options. Apple is one of my favourite stocks to trade using Options. My option-trade list has expanded to include Nvax, Tesla, Palantir and Globalstar as well. My most unforgettable investment is my 2nd NVAX buy CALL trade end of last December. I had it at Strike price $157.50 with expiry selected as 23rd January 2022. I was dumbfounded with the unexpected twist of fate for the vaccine stock. Many investors were losing trust with NVAX due to multiple delays in its vaccine shipments and US FDA approval. So the stock dipped from $159 in December until almost half on 23rd January 2022 and my 1 whole Option lot of it had to expire worthless. It became my first loss with an Options trade too. I was lucky to have profits previously from my 1st NVAX buy CALL, and this became an offset for most of the loss from my 2nd trade. T: Do you have any new insights on recent market fluctuations? We know that recently the market has been going crazy with the ongoing virus, war and also US Fed has already started its measures to raise interest rates and that has “cooled” the market quite abit. Let’s just say that April would be a bad month for trading but we could always play around our strategies with Options trade. T: What would you like to say to your fellow Tiger friends? It does take some courage to do Options trade, however more important is the courage to take the first step in doing so. You will come to realise that a whole new world of trade opportunities is waiting for you! I would also like to wish all Tiger friends many safe and happy trading days ahead! Last but not least, I hope you will get inspired to start Options-trading like me pretty soon. How do you define options trading?Please let me know in the comments.$Tiger Brokers(TIGR)$ Congratulations, you have found an Easter Egg. You can earn 50 Tiger coins by leaving a comment below this post“Easter Egg Hunt”. Click here to learn more
      【Tiger Friends Interview】The Allure of Options Trading Ⅱ
      178Comment
      Report
    • Tom_Brady·03-11Tom_Brady
      $Alibaba(BABA)$ omg,do you want to buy the dip?
      4151
      Report
    • Tom_Brady·03-02Tom_Brady

      SOFI STOCK Q4 EARNINGS SERIES- Massive OPTIONS

      SOFI STOCK Q4 EARNINGS SERIES #3 - OPTIONS DATA & **HUGE** FINTECH SHIFT!... IN THIS VIDEO I AM GIVING SOME MORE DETAILS ON SOFI STOCK & Q4 EARNINGS EXPECTATIONS...$SoFi Technologies Inc.(SOFI)$ VIDEO comes from youtuber: The club(https://www.youtube.com/watch?v=3pklOIwyT8E)
      4.87K20
      Report
      SOFI STOCK Q4 EARNINGS SERIES- Massive OPTIONS
       
       
       
       

      Most Discussed

       
       
       
       
       

      Company: TTMF Limited. Tech supported by Xiangshang Yixin.

      Email:uservice@ttm.financial