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Raj_SG

Experienced Trader

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- Raj_SGRaj_SG
  ·2022-01-20
  Stupid logic
  Why Tesla Is the One Stock I'd Avoid in 2022
  The stock has been a big winner over the past five years, but expectations are too high for this company going forward.
  Why Tesla Is the One Stock I'd Avoid in 2022
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- Raj_SGRaj_SG
  ·2021-08-01
  Tesla ready to breakout 700Please like and subscribe our chennelhttps://youtube.com/channel/UCJDlqhh-TlGYc95mEl1gQxw
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- Raj_SGRaj_SG
  ·2021-07-12
  Nice
  BMO says buy Chevron as oil giant will hike dividend and resume buybacks
  Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart be
  BMO says buy Chevron as oil giant will hike dividend and resume buybacks
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- Raj_SGRaj_SG
  ·2021-07-12
  Nice
  Blank-check firm ACE Convergence, Achronix scrap $2 bln merger
  July 12 (Reuters) - Achronix Semiconductor Corp and blank-check firm ACE Convergence Acquisition Cor
  Blank-check firm ACE Convergence, Achronix scrap $2 bln merger
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- Raj_SGRaj_SG
  ·2021-06-25
  Cool
  Sloan, Sagansky-backed Spinning Eagle SPAC upsizes offering size to $2 billion
  (Reuters) -Blank-check firm Spinning Eagle Acquisition Corp, backed by former Hollywood executives H
  Sloan, Sagansky-backed Spinning Eagle SPAC upsizes offering size to $2 billion
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- Raj_SGRaj_SG
  ·2021-06-25
  Time for tesla 900
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- Raj_SGRaj_SG
  ·2021-06-24
  Time to buy
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- Raj_SGRaj_SG
  ·2021-01-26
  $Square(SQ)$ Yesterday movement
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logic","listText":"Stupid logic","text":"Stupid logic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004438290","repostId":"2204056629","repostType":2,"repost":{"id":"2204056629","pubTimestamp":1642637895,"share":"https://ttm.financial/m/news/2204056629?lang=&edition=fundamental","pubTime":"2022-01-20 08:18","market":"us","language":"en","title":"Why Tesla Is the One Stock I'd Avoid in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2204056629","media":"Motley Fool","summary":"The stock has been a big winner over the past five years, but expectations are too high for this company going forward.","content":"<html><head></head><body><p><b>Tesla</b>&#39;s (NASDAQ:TSLA) stock performance over the last decade has been nothing short of exceptional. Shares are up almost 23,000% in the last 10 years alone, making it <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the top-performing stocks in the market during that timespan. The company has scaled out its electric vehicle business, sports a market cap north of $1 trillion, and CEO Elon Musk is now the richest man in the world. Everything has come up in favor of Tesla recently. But for owners of the stock, the future does not look nearly as bright.</p><p>Here&#39;s why Tesla is the one stock I&#39;d avoid in 2022.</p><p><img src=\"https://static.tigerbbs.com/0b7755ea2b8be302b03c4454fb738f44\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><h2>Growth has been solid</h2><p>Let&#39;s start with what Tesla has done with its business over the last five years. It recently posted record car deliveries of 936,000 in 2021, up from a measly 30,000 in 2017. Revenue has followed suit. Trailing 12-month sales are up 448% in the last five years, as Tesla has scaled its manufacturing business around the globe. What&#39;s more, it has recently started to generate steady profits, putting up $4.45 billion in operating income over the last 12 months.</p><p>The company should do over $50 billion in sales in 2021, and analysts expect revenue to get close to $100 billion in 2023. So why is Tesla stock one to avoid in 2022? <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> reasons: the difficulty of manufacturing and the expectations embedded in the stock.</p><h2>Manufacturing is a difficult business</h2><p>Bending steel is difficult. Building and selling cars is difficult, and it costs a lot of money. Tesla (a car manufacturer) is not immune to these costs, and they will make it difficult for the company to return cash to shareholders over the long term -- which is how you accrue value as an owner of the stock. For example, over the last 12 months, Tesla has spent $7.3 billion on capital expenditures, which is only slightly lower than the $9.9 billion it generated in cash flow from operations.</p><p>These numbers come out to a free cash flow of only $2.6 billion over the past 12 months. At a market cap of $1.05 trillion, that is a price-to-free-cash-flow (P/FCF) over 400. Even worse, Tesla has only generated this &#34;free cash flow&#34; because it has grown its accounts payable and accrued liabilities by $2.7 billion this year. This is money Tesla will have to pay to suppliers and employees eventually, making the $2.6 billion in cash it generated unavailable to return to shareholders.</p><p>You might ask: Won&#39;t capex decrease once Tesla is done expanding its business? This is not likely. <b>Toyota</b> (NYSE:TM), the largest car manufacturer in the world, spent almost $35 billion on capital expenditures over the last 12 months, and it is growing capacity at a much slower rate than Tesla. If Tesla starts delivering more than 10 million vehicles a year (as Toyota did in 2019), it will have a perpetual need for capital investment, which will limit the amount of true free cash flow available to pay out to shareholders.</p><h2>Expectations are much too high</h2><p>Given the difficult nature of an automotive manufacturing business, most of the sector&#39;s stocks trade at dirt-cheap earnings multiples. This will likely be true of Tesla at some point. Let&#39;s look at Toyota again as an example. The company, which did $281 billion in revenue over the past 12 months, generated $28.2 billion in net income. It has a market cap of $289 billion, or right around a price-to-earnings ratio of 10. It is so low because investors in the company understand that it will be difficult for excess cash to be paid out to them relative to its earning power.</p><p>On the other hand, Tesla sports a market cap of $1.056 trillion and has a trailing net income of $3.47 billion. Could Tesla get to $28.2 billion in annual net income someday? Maybe. But as investors, you should understand that with a market cap more than three times the size of Toyota&#39;s, this is <i>already priced into the stock</i>.</p><p>If you own Tesla right now, you should have a thesis on why it will be worth more than $1 trillion in the future, and likely $2 trillion a decade from now if you desire a decent compounded annual return. You might argue that Tesla is setting itself up to do that with autonomous driving, battery technology, and solar panels. However, these are all either small and capital-intensive businesses (solar and batteries) or speculative business plans with no line of sight to becoming commercially viable (autonomous driving). Will these segments help Tesla achieve positive returns over the next decade when it already has a market cap pricing in the dominance of the majority of the automotive sector?</p><p>Tesla&#39;s market cap is much too high relative to the opportunity set in front of it and its current financial profile. For that reason, it is the one stock I&#39;d avoid buying in 2022.</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>Why Tesla Is the One Stock I'd Avoid in 2022</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 Tesla Is the One Stock I'd Avoid in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-20 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/19/why-tesla-is-the-one-stock-id-avoid-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla's (NASDAQ:TSLA) stock performance over the last decade has been nothing short of exceptional. Shares are up almost 23,000% in the last 10 years alone, making it one of the top-performing stocks ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/19/why-tesla-is-the-one-stock-id-avoid-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","TSLA":"特斯拉","BK4534":"瑞士信贷持仓","BK4099":"汽车制造商","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4527":"明星科技股"},"source_url":"https://www.fool.com/investing/2022/01/19/why-tesla-is-the-one-stock-id-avoid-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2204056629","content_text":"Tesla's (NASDAQ:TSLA) stock performance over the last decade has been nothing short of exceptional. Shares are up almost 23,000% in the last 10 years alone, making it one of the top-performing stocks in the market during that timespan. The company has scaled out its electric vehicle business, sports a market cap north of $1 trillion, and CEO Elon Musk is now the richest man in the world. Everything has come up in favor of Tesla recently. But for owners of the stock, the future does not look nearly as bright.Here's why Tesla is the one stock I'd avoid in 2022.Image source: Getty Images.Growth has been solidLet's start with what Tesla has done with its business over the last five years. It recently posted record car deliveries of 936,000 in 2021, up from a measly 30,000 in 2017. Revenue has followed suit. Trailing 12-month sales are up 448% in the last five years, as Tesla has scaled its manufacturing business around the globe. What's more, it has recently started to generate steady profits, putting up $4.45 billion in operating income over the last 12 months.The company should do over $50 billion in sales in 2021, and analysts expect revenue to get close to $100 billion in 2023. So why is Tesla stock one to avoid in 2022? Two reasons: the difficulty of manufacturing and the expectations embedded in the stock.Manufacturing is a difficult businessBending steel is difficult. Building and selling cars is difficult, and it costs a lot of money. Tesla (a car manufacturer) is not immune to these costs, and they will make it difficult for the company to return cash to shareholders over the long term -- which is how you accrue value as an owner of the stock. For example, over the last 12 months, Tesla has spent $7.3 billion on capital expenditures, which is only slightly lower than the $9.9 billion it generated in cash flow from operations.These numbers come out to a free cash flow of only $2.6 billion over the past 12 months. At a market cap of $1.05 trillion, that is a price-to-free-cash-flow (P/FCF) over 400. Even worse, Tesla has only generated this \"free cash flow\" because it has grown its accounts payable and accrued liabilities by $2.7 billion this year. This is money Tesla will have to pay to suppliers and employees eventually, making the $2.6 billion in cash it generated unavailable to return to shareholders.You might ask: Won't capex decrease once Tesla is done expanding its business? This is not likely. Toyota (NYSE:TM), the largest car manufacturer in the world, spent almost $35 billion on capital expenditures over the last 12 months, and it is growing capacity at a much slower rate than Tesla. If Tesla starts delivering more than 10 million vehicles a year (as Toyota did in 2019), it will have a perpetual need for capital investment, which will limit the amount of true free cash flow available to pay out to shareholders.Expectations are much too highGiven the difficult nature of an automotive manufacturing business, most of the sector's stocks trade at dirt-cheap earnings multiples. This will likely be true of Tesla at some point. Let's look at Toyota again as an example. The company, which did $281 billion in revenue over the past 12 months, generated $28.2 billion in net income. It has a market cap of $289 billion, or right around a price-to-earnings ratio of 10. It is so low because investors in the company understand that it will be difficult for excess cash to be paid out to them relative to its earning power.On the other hand, Tesla sports a market cap of $1.056 trillion and has a trailing net income of $3.47 billion. Could Tesla get to $28.2 billion in annual net income someday? Maybe. But as investors, you should understand that with a market cap more than three times the size of Toyota's, this is already priced into the stock.If you own Tesla right now, you should have a thesis on why it will be worth more than $1 trillion in the future, and likely $2 trillion a decade from now if you desire a decent compounded annual return. You might argue that Tesla is setting itself up to do that with autonomous driving, battery technology, and solar panels. However, these are all either small and capital-intensive businesses (solar and batteries) or speculative business plans with no line of sight to becoming commercially viable (autonomous driving). Will these segments help Tesla achieve positive returns over the next decade when it already has a market cap pricing in the dominance of the majority of the automotive sector?Tesla's market cap is much too high relative to the opportunity set in front of it and its current financial profile. For that reason, it is the one stock I'd avoid buying in 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802555633,"gmtCreate":1627790593822,"gmtModify":1703495929756,"author":{"id":"3556195957815448","authorId":"3556195957815448","name":"Raj_SG","avatar":"https://static.tigerbbs.com/59b13824d6747c85b74d54e68ac4eeab","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556195957815448","authorIdStr":"3556195957815448"},"themes":[],"htmlText":"Tesla ready to breakout 700Please like and subscribe our chennelhttps://youtube.com/channel/UCJDlqhh-TlGYc95mEl1gQxw","listText":"Tesla ready to breakout 700Please like and subscribe our chennelhttps://youtube.com/channel/UCJDlqhh-TlGYc95mEl1gQxw","text":"Tesla ready to breakout 700Please like and subscribe our chennelhttps://youtube.com/channel/UCJDlqhh-TlGYc95mEl1gQxw","images":[{"img":"https://static.tigerbbs.com/e29876d600881521c854dc86c540143e","width":"2480","height":"1148"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/802555633","isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":146587599,"gmtCreate":1626091493911,"gmtModify":1703753130843,"author":{"id":"3556195957815448","authorId":"3556195957815448","name":"Raj_SG","avatar":"https://static.tigerbbs.com/59b13824d6747c85b74d54e68ac4eeab","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556195957815448","authorIdStr":"3556195957815448"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146587599","repostId":"1127514414","repostType":4,"repost":{"id":"1127514414","pubTimestamp":1626089490,"share":"https://ttm.financial/m/news/1127514414?lang=&edition=fundamental","pubTime":"2021-07-12 19:31","market":"us","language":"en","title":"BMO says buy Chevron as oil giant will hike dividend and resume buybacks","url":"https://stock-news.laohu8.com/highlight/detail?id=1127514414","media":"CNBC","summary":"Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart be","content":"<div>\n<p>Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart bet, according to BMO Capital Markets.\nAnalyst Phillip Jungwirth initiated coverage of the stock with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>BMO says buy Chevron as oil giant will hike dividend and resume buybacks</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; 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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\">\nBMO says buy Chevron as oil giant will hike dividend and resume buybacks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 19:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart bet, according to BMO Capital Markets.\nAnalyst Phillip Jungwirth initiated coverage of the stock with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1127514414","content_text":"Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart bet, according to BMO Capital Markets.\nAnalyst Phillip Jungwirth initiated coverage of the stock with an outperform rating, saying in a note to clients on Monday that Chevron was poised to generate a ton of cash over the next 18 months and the shares look undervalued.\n“We expect Chevron to achieve 2021 and 2022 [cash flow from operations] of $27.1Bn and $33.5Bn, which equate to [free cash flow] of $17.9Bn and $22.6Bn. ... Over the past six months, Chevron shares have lagged other upstream producers despite having similar cash flow leverage to higher oil prices,” the note said.\nThat extra cash will likely be distributed to shareholders, Jungwirth wrote.\n“We think Chevron is in a strong position to increase shareholder returns and assume 5% dividend growth and a resumption of $2.4Bn in share buybacks beginning 2022+,” the note said. The company suspended buybacks in March 2020 due to the pandemic.\nThe stock has gained 23% year to date, which is outpacing the broader market but lagging the oil and gas industry.\nBMO set a price target of $123 per share for Chevron. That is 18% above where the stock closed on Friday.\nJungwirth also initiated coverage of Exxon Mobilon Monday, rating the stock as market perform.","news_type":1},"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146587855,"gmtCreate":1626091427377,"gmtModify":1703753131008,"author":{"id":"3556195957815448","authorId":"3556195957815448","name":"Raj_SG","avatar":"https://static.tigerbbs.com/59b13824d6747c85b74d54e68ac4eeab","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556195957815448","authorIdStr":"3556195957815448"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/146587855","repostId":"2150533263","repostType":4,"repost":{"id":"2150533263","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":1626090647,"share":"https://ttm.financial/m/news/2150533263?lang=&edition=fundamental","pubTime":"2021-07-12 19:50","market":"us","language":"en","title":"Blank-check firm ACE Convergence, Achronix scrap $2 bln merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2150533263","media":"Reuters","summary":"July 12 (Reuters) - Achronix Semiconductor Corp and blank-check firm ACE Convergence Acquisition Cor","content":"<p>July 12 (Reuters) - Achronix Semiconductor Corp and blank-check firm <a href=\"https://laohu8.com/S/ACEV\">ACE Convergence Acquisition Corp</a> said on Monday they had agreed to terminate their $2.1 billion merger announced in January.</p>\n<p>The deal was subject to meeting certain closing conditions, including getting the necessary regulatory approvals, the companies said, adding they would be unable to close the merger by the July 15 deadline or thereafter.</p>\n<p>Chief Executive Officer Robert Blake said Achronix \"remains committed to pursuing additional options to become a public company.\"</p>\n<p>Neither party will be required to pay a termination fee as the decision to terminate the deal was mutual, the companies said.</p>\n<p>Achronix, founded in 2004, supplies field programmable gate arrays, the electronic components used to build reconfigurable digital circuits, for use in 5G equipment and cloud computing.</p>\n<p>Special purpose acquisition companies (SPACs) like ACE use proceeds from an initial public offering to buy a private company and then take it public.</p>\n<p>ACE raised $230 million in its IPO in July last year. Shares of the blank-check firm were flat at $9.95 in premarket trading.</p>\n<p>Since SPACs typically face a two-year deadline to find a merger target, ACE has until July next year to hunt for another company to take public.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-check firm ACE Convergence, Achronix scrap $2 bln merger</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\">\nBlank-check firm ACE Convergence, Achronix scrap $2 bln merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-12 19:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 12 (Reuters) - Achronix Semiconductor Corp and blank-check firm <a href=\"https://laohu8.com/S/ACEV\">ACE Convergence Acquisition Corp</a> said on Monday they had agreed to terminate their $2.1 billion merger announced in January.</p>\n<p>The deal was subject to meeting certain closing conditions, including getting the necessary regulatory approvals, the companies said, adding they would be unable to close the merger by the July 15 deadline or thereafter.</p>\n<p>Chief Executive Officer Robert Blake said Achronix \"remains committed to pursuing additional options to become a public company.\"</p>\n<p>Neither party will be required to pay a termination fee as the decision to terminate the deal was mutual, the companies said.</p>\n<p>Achronix, founded in 2004, supplies field programmable gate arrays, the electronic components used to build reconfigurable digital circuits, for use in 5G equipment and cloud computing.</p>\n<p>Special purpose acquisition companies (SPACs) like ACE use proceeds from an initial public offering to buy a private company and then take it public.</p>\n<p>ACE raised $230 million in its IPO in July last year. Shares of the blank-check firm were flat at $9.95 in premarket trading.</p>\n<p>Since SPACs typically face a two-year deadline to find a merger target, ACE has until July next year to hunt for another company to take public.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150533263","content_text":"July 12 (Reuters) - Achronix Semiconductor Corp and blank-check firm ACE Convergence Acquisition Corp said on Monday they had agreed to terminate their $2.1 billion merger announced in January.\nThe deal was subject to meeting certain closing conditions, including getting the necessary regulatory approvals, the companies said, adding they would be unable to close the merger by the July 15 deadline or thereafter.\nChief Executive Officer Robert Blake said Achronix \"remains committed to pursuing additional options to become a public company.\"\nNeither party will be required to pay a termination fee as the decision to terminate the deal was mutual, the companies said.\nAchronix, founded in 2004, supplies field programmable gate arrays, the electronic components used to build reconfigurable digital circuits, for use in 5G equipment and cloud computing.\nSpecial purpose acquisition companies (SPACs) like ACE use proceeds from an initial public offering to buy a private company and then take it public.\nACE raised $230 million in its IPO in July last year. Shares of the blank-check firm were flat at $9.95 in premarket trading.\nSince SPACs typically face a two-year deadline to find a merger target, ACE has until July next year to hunt for another company to take public.","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126525379,"gmtCreate":1624579460691,"gmtModify":1703840703569,"author":{"id":"3556195957815448","authorId":"3556195957815448","name":"Raj_SG","avatar":"https://static.tigerbbs.com/59b13824d6747c85b74d54e68ac4eeab","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556195957815448","authorIdStr":"3556195957815448"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/126525379","repostId":"1156189027","repostType":4,"repost":{"id":"1156189027","pubTimestamp":1624578459,"share":"https://ttm.financial/m/news/1156189027?lang=&edition=fundamental","pubTime":"2021-06-25 07:47","market":"us","language":"en","title":"Sloan, Sagansky-backed Spinning Eagle SPAC upsizes offering size to $2 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1156189027","media":"Reuters","summary":"(Reuters) -Blank-check firm Spinning Eagle Acquisition Corp, backed by former Hollywood executives H","content":"<p>(Reuters) -Blank-check firm Spinning Eagle Acquisition Corp, backed by former Hollywood executives Harry Sloan and Jeff Sagansky, on Thursday upsized its offering to $2 billion after the Nasdaq eased the process for such companies to spin off new entities.</p>\n<p>The exchange operator recently approved a proposal that allows special purpose acquisition companies (SPACs) to spin off new investment vehicles without additional paperwork. That would make them similar to a private equity fund and enable blank-check firms to invest in more than one company in separate transactions.</p>\n<p>Spinning Eagle in December had filed for a $1.5 billion share sale, proposing a structure to allow it to carve out a portion of raised capital into a new shell company and pursue multiple deals.</p>\n<p>However, the SPAC’s backers held back their plan in February following feedback about the proposal from the U.S. Securities and Exchange Commission.</p>\n<p>If priced successfully, Spinning Eagle’s IPO of 200 million units for $10 each would be the biggest SPAC offer this year, even as blank-check dealmaking has slowed down significantly on tighter regulation and waning investor appetite.</p>\n<p>Spinning Eagle said that unused proceeds from the IPO could be used to create a new and independent SPAC called SpinCo.</p>\n<p>If Spinning Eagle chooses to do multiple deals, its structure would be similar to billionaire hedge fund investor William Ackman’s Pershing Square Tontine Holdings, which was spun off into an entity called PSTH Remainco after a deal with Universal Music Group earlier this month.</p>\n<p>SPACs are shells of cash that are publicly listed for the sole purpose of taking an unknown private target public through a merger, within two years of the listing.</p>\n<p>Spinning Eagle’s offering comes more than a month after another SPAC backed by Sloan and Sagansky agreed to take biotech firm Ginkgo public at a $17.5 billion valuation.</p>\n<p>Goldman Sachs is the sole underwriter for Spinning Eagle’s IPO.</p>","source":"lsy1601381805984","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>Sloan, Sagansky-backed Spinning Eagle SPAC upsizes offering size to $2 billion</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; 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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\">\nSloan, Sagansky-backed Spinning Eagle SPAC upsizes offering size to $2 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/spinning-eagle-ipo/update-2-sloan-sagansky-backed-spinning-eagle-spac-upsizes-offering-size-to-2-bln-idUSL3N2O63VL><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Blank-check firm Spinning Eagle Acquisition Corp, backed by former Hollywood executives Harry Sloan and Jeff Sagansky, on Thursday upsized its offering to $2 billion after the Nasdaq eased ...</p>\n\n<a href=\"https://www.reuters.com/article/spinning-eagle-ipo/update-2-sloan-sagansky-backed-spinning-eagle-spac-upsizes-offering-size-to-2-bln-idUSL3N2O63VL\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/spinning-eagle-ipo/update-2-sloan-sagansky-backed-spinning-eagle-spac-upsizes-offering-size-to-2-bln-idUSL3N2O63VL","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156189027","content_text":"(Reuters) -Blank-check firm Spinning Eagle Acquisition Corp, backed by former Hollywood executives Harry Sloan and Jeff Sagansky, on Thursday upsized its offering to $2 billion after the Nasdaq eased the process for such companies to spin off new entities.\nThe exchange operator recently approved a proposal that allows special purpose acquisition companies (SPACs) to spin off new investment vehicles without additional paperwork. That would make them similar to a private equity fund and enable blank-check firms to invest in more than one company in separate transactions.\nSpinning Eagle in December had filed for a $1.5 billion share sale, proposing a structure to allow it to carve out a portion of raised capital into a new shell company and pursue multiple deals.\nHowever, the SPAC’s backers held back their plan in February following feedback about the proposal from the U.S. Securities and Exchange Commission.\nIf priced successfully, Spinning Eagle’s IPO of 200 million units for $10 each would be the biggest SPAC offer this year, even as blank-check dealmaking has slowed down significantly on tighter regulation and waning investor appetite.\nSpinning Eagle said that unused proceeds from the IPO could be used to create a new and independent SPAC called SpinCo.\nIf Spinning Eagle chooses to do multiple deals, its structure would be similar to billionaire hedge fund investor William Ackman’s Pershing Square Tontine Holdings, which was spun off into an entity called PSTH Remainco after a deal with Universal Music Group earlier this month.\nSPACs are shells of cash that are publicly listed for the sole purpose of taking an unknown private target public through a merger, within two years of the listing.\nSpinning Eagle’s offering comes more than a month after another SPAC backed by Sloan and Sagansky agreed to take biotech firm Ginkgo public at a $17.5 billion valuation.\nGoldman Sachs is the sole underwriter for Spinning Eagle’s IPO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":2,"crmLevelSwitch":0,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"content":"Blank-check firm Spinning Eagle Acquisition Corp, backed by former Hollywood executives Harry Sloan and Jeff Sagansky, on Thursday upsized its offering to $2 billion after the Nasdaq eased the","text":"Blank-check firm Spinning Eagle Acquisition Corp, backed by former Hollywood executives Harry Sloan and Jeff Sagansky, on Thursday upsized its offering to $2 billion after the Nasdaq eased the","html":"Blank-check firm Spinning Eagle Acquisition Corp, backed by former Hollywood executives Harry Sloan and Jeff Sagansky, on Thursday upsized its offering to $2 billion after the Nasdaq eased the"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126526604,"gmtCreate":1624579424808,"gmtModify":1703840700982,"author":{"id":"3556195957815448","authorId":"3556195957815448","name":"Raj_SG","avatar":"https://static.tigerbbs.com/59b13824d6747c85b74d54e68ac4eeab","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3556195957815448","authorIdStr":"3556195957815448"},"themes":[],"htmlText":"Time for tesla 900","listText":"Time for tesla 900","text":"Time for tesla 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movement","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/319738175","isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","text":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","html":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation"}],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}