To The Moon

$Lucid Group Inc(LCID)$All EV stocks seem to loose groundPatience there will be a reboundMust have the will to pursue theupswing.

$UNITED OVERSEAS BANK LIMITED(U11.SI)$ has hit the 30.00 barrier this morning on the back of its 4.95 billion purchase of Citigroup consumer business in Malaysia, Thailand, Indonesia and Vietnam. Go UOB! 🚀🚀🚀🌙🌙🌙

1. Singapore's first ever SPAC, Vertex Technology Acquisition Corp (VTAC), has closed its IPO subscription as of 19 Jan 2022. Only $3m worth of units were offered to the public and it was 36x oversubscribed. I didn't get any.2. It will start trading on 20 Jan 2022 from 2pm onwards. I believe it will trade above $5 given the popularity of this issue.3. The next step is for VTAC to find an acquisition target and merge. I believe there are a handful of targets being identified already and I would make some speculations here.4. First, I think the target company must be at least a SGD unicorn. This is because VTAC is a $200m SPAC and SPACs usually take a non-controlling stake in the target company. If it is a 20% stake, the target must be at least $1b in valuation. 5. For reference, Altimeter G

The company is rapidly gaining members and has been a strong pandemic play.