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Strupper2003

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- Strupper2003Strupper2003
  ·2023-08-18
  I'm buying
  Hot Chinese ADRs Decline With Alibaba Down 2%
  Hot Chinese ADRs dropped in premarket trading Friday amid concerns about spreading debt defaults in China’s property industry and shadow banking fallout. Investors also trimmed their bets after the Chinese currency hit the weakest level since October. Alibaba and Pinduoduo fell 2%: NIO, JD.com, XPeng, LI Auto, and Bilibili fell 3%.
  Hot Chinese ADRs Decline With Alibaba Down 2%
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- Strupper2003Strupper2003
  ·2023-07-26
  Boeing is part of the US military industrial complex in case anyone wants to know
  2 Stocks Down 33% and 52% to Buy Right Now
  Looking for a summer sale? These two stocks belong on your shopping list.
  2 Stocks Down 33% and 52% to Buy Right Now
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- Strupper2003Strupper2003
  ·2023-05-17
  Good. Boeing is known for its aeroplanes but what is little known is Boeing is also a part of the US military industrial complex.
  Singapore Airlines Cancels Order for Eight 737s From Boeing
  Singapore Airlines Group (OTCPK:SINGY) (OTCPK:SINGF) on Tuesday said it had canceled orders for eigh
  Singapore Airlines Cancels Order for Eight 737s From Boeing
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- Strupper2003Strupper2003
  ·2023-04-01
  China should maintained its current position with Australia if it knows the extent of Australian hypocricies policies and the Anglo American bias of the media.
  Sorry, this post has been deleted
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- Strupper2003Strupper2003
  ·2023-01-29
  Not a single mention of the biggest elephant in the room, Chatgpt?
  Google Shouldn't Be, But Approaches, A Buffett 10x EBT Stock
  SummaryGoogle (Alphabet) stock is now priced at ~13x FW pretax earnings when adjusted for its cash p
  Google Shouldn't Be, But Approaches, A Buffett 10x EBT Stock
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- Strupper2003Strupper2003
  ·2023-01-18
  Thanks for updates
  ASX Update: Shares Tread Water As Miners Drag
  Australian shares marked time for a second day as a mixed night on Wall Street gave investors few re
  ASX Update: Shares Tread Water As Miners Drag
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Alibaba and Pinduoduo fell 2%: NIO, JD.com, XPeng, LI Auto, and Bilibili fell 3%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1dec2c3ea6541c9dd38e544dced70a78\" tg-width=\"377\" tg-height=\"667\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Chinese ADRs Decline With Alibaba Down 2%</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\">\nHot Chinese ADRs Decline With Alibaba Down 2%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-08-18 16:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs dropped in premarket trading Friday amid concerns about spreading debt defaults in China’s property industry and shadow banking fallout. Investors also trimmed their bets after the Chinese currency hit the weakest level since October. Alibaba and Pinduoduo fell 2%: NIO, JD.com, XPeng, LI Auto, and Bilibili fell 3%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1dec2c3ea6541c9dd38e544dced70a78\" tg-width=\"377\" tg-height=\"667\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116354716","content_text":"Hot Chinese ADRs dropped in premarket trading Friday amid concerns about spreading debt defaults in China’s property industry and shadow banking fallout. Investors also trimmed their bets after the Chinese currency hit the weakest level since October. Alibaba and Pinduoduo fell 2%: NIO, JD.com, XPeng, LI Auto, and Bilibili fell 3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":202098126561408,"gmtCreate":1690373889504,"gmtModify":1690373893895,"author":{"id":"4122814202679362","authorId":"4122814202679362","name":"Strupper2003","avatar":"https://community-static.tradeup.com/news/d4b351b1c01a5fceface7fea1d7a6c0b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122814202679362","authorIdStr":"4122814202679362"},"themes":[],"htmlText":"Boeing is part of the US military industrial complex in case anyone wants to know","listText":"Boeing is part of the US military industrial complex in case anyone wants to know","text":"Boeing is part of the US military industrial complex in case anyone wants to know","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/202098126561408","repostId":"2354311280","repostType":2,"repost":{"id":"2354311280","kind":"highlight","pubTimestamp":1690385241,"share":"https://ttm.financial/m/news/2354311280?lang=&edition=fundamental","pubTime":"2023-07-26 23:27","market":"us","language":"en","title":"2 Stocks Down 33% and 52% to Buy Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2354311280","media":"Motley Fool","summary":"Looking for a summer sale? These two stocks belong on your shopping list.","content":"<html><head></head><body><p>To the relief of investors, the market has bounced back considerably from its troubling performance last year. While the <strong>S&amp;P 500</strong> plunged 19.4% in 2022, it has soared more than 18% higher so far in 2023.</p><p>But that&#39;s not to say that all stocks have recovered. <strong>Boeing</strong> and <strong>NextEra Energy Partners</strong> have both lagged the market&#39;s strong performance, and are down considerably from their all-time highs. Let&#39;s take a look at why two fool.com contributors find these stocks particularly attractive now.</p><h2 id=\"id_2106660278\">Boeing is essentially a self-help story</h2><p><strong>Lee Samaha</strong> <strong>(Boeing):</strong> It&#39;s been a tough five years for Boeing. If it wasn&#39;t the grounding of the 737 MAX, it was the travel restrictions imposed on the populace by governments. If it wasn&#39;t the travel restrictions and the financial pressure put on its airline customers, it was the difficulty of ramping up airplane production due to the ongoing supply chain crisis. If it wasn&#39;t multi-billion dollar cost overruns and delays on fixed-price military contracts, it was soaring costs, labor shortages, and component unavailability in its defense business.</p><p>Those issues are evident in Boeing&#39;s stock price being 52% off its all-time high in 2019. Still, despite all the bad news, Boeing has a lot of potential to improve profitability and cash flow in the coming years. The most significant opportunity comes from the execution on its multi-year commercial airplanes backlog. Its total backlog stands at almost 4,900 airplanes, with more than 3,800 for the 737 MAX. Boeing plans to hit a production rate of 50 a month on the 737 MAX by 2025/2026. Moreover, the environment is improving, with airlines like <strong>Delta Air Lines</strong> continuing to beat expectations as the industry builds capacity. Meanwhile, a gradual alleviation of the supply chain issues that have dogged the company in recent years should also lead to profit expansion.</p><p>Management plans to reach $10 billion in free cash flow generation between 2025 and 2026. That will go a long way to helping it reduce the debt burden (currently $55.4 billion) it built up in the last few years. If Boeing can merely execute on its plans, then the upside to the $126 billion market cap stock is significant.</p><h2 id=\"id_1695816962\">NextEra Energy Partners provides plenty of passive income</h2><p><strong>Scott Levine (NextEra Energy Partners): </strong>Failing to keep pace with the S&amp;P 500 and its nearly-19% gain, shares of NextEra Energy Partners have sunk about 16%. And that decline is overshadowed by the stock&#39;s 33% fall from its all-time high that it touched in November 2021.</p><p>Disconcerting as this may seem, it belies the fact that the renewable energy-focused utility is a dividend powerhouse that currently offers a mouthwatering forward yield of 5.5%.</p><p>While shares have tumbled in 2023, it&#39;s important to note that the company hasn&#39;t reported anything troubling that would undermine the stock&#39;s underperformance. Instead, investors seem to have unplugged this clean energy utility stock from their portfolios after the company reported first-quarter 2023 earnings that missed analysts&#39; expectations. What investors may have failed to see in the report, though, is that in Q1 2023 the company grew adjusted earnings per share (EPS) 13.5% compared to the same period last year. In addition, management guided for adjusted EPS to increase 25% to 38% from the $2.90 the company reported in 2022 through 2026. Over the same period, management expects operating cash flow to rise at or above the same rate as adjusted EPS, an encouraging sign that the dividend will be adequately supported.</p><p>Besides income investors, those looking for a value stock will also find shares of NextEra Energy Partners appealing. Currently, the stock is trading at 6.8 times operating cash flow -- inexpensive in its own right, and a bargain considering the stock&#39;s five-year average cash flow multiple is 8.1.</p><h2 id=\"id_3980460010\">Which stock to buy now?</h2><p>Both Boeing and NextEra Energy Partners have something to offer. Boeing is an aerospace industry leader that has the potential to soar higher in the coming years, while NextEra Energy Partners is a compelling consideration for more conservative investors looking to fortify their holdings with a stock committed to rewarding shareholders.</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>2 Stocks Down 33% and 52% to Buy Right Now</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\">\n2 Stocks Down 33% and 52% to Buy Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-26 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/07/25/2-stocks-down-33-52-to-buy-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>To the relief of investors, the market has bounced back considerably from its troubling performance last year. While the S&P 500 plunged 19.4% in 2022, it has soared more than 18% higher so far in ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/07/25/2-stocks-down-33-52-to-buy-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NEP":"Nextera Energy Partners","BA":"波音"},"source_url":"https://www.fool.com/investing/2023/07/25/2-stocks-down-33-52-to-buy-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2354311280","content_text":"To the relief of investors, the market has bounced back considerably from its troubling performance last year. While the S&P 500 plunged 19.4% in 2022, it has soared more than 18% higher so far in 2023.But that's not to say that all stocks have recovered. Boeing and NextEra Energy Partners have both lagged the market's strong performance, and are down considerably from their all-time highs. Let's take a look at why two fool.com contributors find these stocks particularly attractive now.Boeing is essentially a self-help storyLee Samaha (Boeing): It's been a tough five years for Boeing. If it wasn't the grounding of the 737 MAX, it was the travel restrictions imposed on the populace by governments. If it wasn't the travel restrictions and the financial pressure put on its airline customers, it was the difficulty of ramping up airplane production due to the ongoing supply chain crisis. If it wasn't multi-billion dollar cost overruns and delays on fixed-price military contracts, it was soaring costs, labor shortages, and component unavailability in its defense business.Those issues are evident in Boeing's stock price being 52% off its all-time high in 2019. Still, despite all the bad news, Boeing has a lot of potential to improve profitability and cash flow in the coming years. The most significant opportunity comes from the execution on its multi-year commercial airplanes backlog. Its total backlog stands at almost 4,900 airplanes, with more than 3,800 for the 737 MAX. Boeing plans to hit a production rate of 50 a month on the 737 MAX by 2025/2026. Moreover, the environment is improving, with airlines like Delta Air Lines continuing to beat expectations as the industry builds capacity. Meanwhile, a gradual alleviation of the supply chain issues that have dogged the company in recent years should also lead to profit expansion.Management plans to reach $10 billion in free cash flow generation between 2025 and 2026. That will go a long way to helping it reduce the debt burden (currently $55.4 billion) it built up in the last few years. If Boeing can merely execute on its plans, then the upside to the $126 billion market cap stock is significant.NextEra Energy Partners provides plenty of passive incomeScott Levine (NextEra Energy Partners): Failing to keep pace with the S&P 500 and its nearly-19% gain, shares of NextEra Energy Partners have sunk about 16%. And that decline is overshadowed by the stock's 33% fall from its all-time high that it touched in November 2021.Disconcerting as this may seem, it belies the fact that the renewable energy-focused utility is a dividend powerhouse that currently offers a mouthwatering forward yield of 5.5%.While shares have tumbled in 2023, it's important to note that the company hasn't reported anything troubling that would undermine the stock's underperformance. Instead, investors seem to have unplugged this clean energy utility stock from their portfolios after the company reported first-quarter 2023 earnings that missed analysts' expectations. What investors may have failed to see in the report, though, is that in Q1 2023 the company grew adjusted earnings per share (EPS) 13.5% compared to the same period last year. In addition, management guided for adjusted EPS to increase 25% to 38% from the $2.90 the company reported in 2022 through 2026. Over the same period, management expects operating cash flow to rise at or above the same rate as adjusted EPS, an encouraging sign that the dividend will be adequately supported.Besides income investors, those looking for a value stock will also find shares of NextEra Energy Partners appealing. Currently, the stock is trading at 6.8 times operating cash flow -- inexpensive in its own right, and a bargain considering the stock's five-year average cash flow multiple is 8.1.Which stock to buy now?Both Boeing and NextEra Energy Partners have something to offer. Boeing is an aerospace industry leader that has the potential to soar higher in the coming years, while NextEra Energy Partners is a compelling consideration for more conservative investors looking to fortify their holdings with a stock committed to rewarding shareholders.","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970869382,"gmtCreate":1684283535246,"gmtModify":1684289414244,"author":{"id":"4122814202679362","authorId":"4122814202679362","name":"Strupper2003","avatar":"https://community-static.tradeup.com/news/d4b351b1c01a5fceface7fea1d7a6c0b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122814202679362","authorIdStr":"4122814202679362"},"themes":[],"htmlText":"Good. Boeing is known for its aeroplanes but what is little known is Boeing is also a part of the US military industrial complex.&nbsp;","listText":"Good. Boeing is known for its aeroplanes but what is little known is Boeing is also a part of the US military industrial complex.&nbsp;","text":"Good. Boeing is known for its aeroplanes but what is little known is Boeing is also a part of the US military industrial complex.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970869382","repostId":"2336738230","repostType":2,"repost":{"id":"2336738230","kind":"highlight","pubTimestamp":1684281862,"share":"https://ttm.financial/m/news/2336738230?lang=&edition=fundamental","pubTime":"2023-05-17 08:04","market":"us","language":"en","title":"Singapore Airlines Cancels Order for Eight 737s From Boeing","url":"https://stock-news.laohu8.com/highlight/detail?id=2336738230","media":"Seekingalpha","summary":"Singapore Airlines Group (OTCPK:SINGY) (OTCPK:SINGF) on Tuesday said it had canceled orders for eigh","content":"<html><head></head><body><p>Singapore Airlines Group (OTCPK:SINGY) (OTCPK:SINGF) on Tuesday said it had canceled orders for eight 737-8 passenger jets from Boeing (NYSE:BA).</p><p>The carrier also said it had changed an order for three 787-9 Dreamliners to the bigger 787-10 configuration of the widebody plane.</p><p>&#34;These adjustments are in line with the group’s long-term fleet renewal strategy, and support its projected operational requirements,&#34; Singapore Airlines (OTCPK:SINGY) (OTCPK:SINGF) said in a statement about its full-year results. &#34;Following these adjustments, the group currently has 100 aircraft in its order book.&#34;</p><p>The orders for the eight 737-8 planes were placed by SilkAir, a regional carrier owned by Singapore Airlines (OTCPK:SINGY) (OTCPK:SINGF) that ceased operations in 2021. The 787-9s had been part of the order book for Scoot, a discount carrier also owned by Singapore Airlines (OTCPK:SINGY) (OTCPK:SINGF).</p><h3>Aircraft Deliveries</h3><p>Singapore Airlines (OTCPK:SINGY) (OTCPK:SINGF) last month took delivery of a Boeing (BA) 787-10.</p><p>In March, it received an A350-900 from European aircraft maker Airbus (OTCPK:EADSY) (OTCPK:EADSF). Singapore Airlines (OTCPK:SINGY) (OTCPK:SINGF) ended the quarter with 188 passenger aircraft and seven freighters.</p><p>The airline&#39;s revenue more than doubled to 17.78 billion Singapore dollars for the year ended March 31. Its net fuel cost after hedging also more than doubled to 5.21 billion Singapore dollars. The airline swung from a loss of 962 million Singapore dollars to a profit of 2.16 billion Singapore dollars.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Airlines Cancels Order for Eight 737s From Boeing</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\">\nSingapore Airlines Cancels Order for Eight 737s From Boeing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-17 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3972240-singapore-airlines-cancels-order-for-eight-737s-from-boeing><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore Airlines Group (OTCPK:SINGY) (OTCPK:SINGF) on Tuesday said it had canceled orders for eight 737-8 passenger jets from Boeing (NYSE:BA).The carrier also said it had changed an order for three...</p>\n\n<a href=\"https://seekingalpha.com/news/3972240-singapore-airlines-cancels-order-for-eight-737s-from-boeing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音","SINGY":"Singapore Airlines Ltd.","SINGF":"Singapore Airlines Ltd.","C6L.SI":"新加坡航空公司"},"source_url":"https://seekingalpha.com/news/3972240-singapore-airlines-cancels-order-for-eight-737s-from-boeing","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2336738230","content_text":"Singapore Airlines Group (OTCPK:SINGY) (OTCPK:SINGF) on Tuesday said it had canceled orders for eight 737-8 passenger jets from Boeing (NYSE:BA).The carrier also said it had changed an order for three 787-9 Dreamliners to the bigger 787-10 configuration of the widebody plane.\"These adjustments are in line with the group’s long-term fleet renewal strategy, and support its projected operational requirements,\" Singapore Airlines (OTCPK:SINGY) (OTCPK:SINGF) said in a statement about its full-year results. \"Following these adjustments, the group currently has 100 aircraft in its order book.\"The orders for the eight 737-8 planes were placed by SilkAir, a regional carrier owned by Singapore Airlines (OTCPK:SINGY) (OTCPK:SINGF) that ceased operations in 2021. The 787-9s had been part of the order book for Scoot, a discount carrier also owned by Singapore Airlines (OTCPK:SINGY) (OTCPK:SINGF).Aircraft DeliveriesSingapore Airlines (OTCPK:SINGY) (OTCPK:SINGF) last month took delivery of a Boeing (BA) 787-10.In March, it received an A350-900 from European aircraft maker Airbus (OTCPK:EADSY) (OTCPK:EADSF). Singapore Airlines (OTCPK:SINGY) (OTCPK:SINGF) ended the quarter with 188 passenger aircraft and seven freighters.The airline's revenue more than doubled to 17.78 billion Singapore dollars for the year ended March 31. Its net fuel cost after hedging also more than doubled to 5.21 billion Singapore dollars. The airline swung from a loss of 962 million Singapore dollars to a profit of 2.16 billion Singapore dollars.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941252470,"gmtCreate":1680313215690,"gmtModify":1680314420386,"author":{"id":"4122814202679362","authorId":"4122814202679362","name":"Strupper2003","avatar":"https://community-static.tradeup.com/news/d4b351b1c01a5fceface7fea1d7a6c0b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122814202679362","authorIdStr":"4122814202679362"},"themes":[],"htmlText":"China should maintained its current&nbsp;position with Australia&nbsp;if it knows the extent of Australian&nbsp;hypocricies policies&nbsp;and the Anglo American bias of the&nbsp;media.&nbsp;","listText":"China should maintained its current&nbsp;position with Australia&nbsp;if it knows the extent of Australian&nbsp;hypocricies policies&nbsp;and the Anglo American bias of the&nbsp;media.&nbsp;","text":"China should maintained its current position with Australia if it knows the extent of Australian hypocricies policies and the Anglo American bias of the media.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941252470","repostId":"1147052962","repostType":2,"isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952783181,"gmtCreate":1674976416343,"gmtModify":1676538969083,"author":{"id":"4122814202679362","authorId":"4122814202679362","name":"Strupper2003","avatar":"https://community-static.tradeup.com/news/d4b351b1c01a5fceface7fea1d7a6c0b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122814202679362","authorIdStr":"4122814202679362"},"themes":[],"htmlText":"Not a single mention of the biggest elephant in the room, Chatgpt?&nbsp;","listText":"Not a single mention of the biggest elephant in the room, Chatgpt?&nbsp;","text":"Not a single mention of the biggest elephant in the room, Chatgpt?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952783181","repostId":"2306228413","repostType":2,"repost":{"id":"2306228413","kind":"highlight","pubTimestamp":1674961385,"share":"https://ttm.financial/m/news/2306228413?lang=&edition=fundamental","pubTime":"2023-01-29 11:03","market":"us","language":"en","title":"Google Shouldn't Be, But Approaches, A Buffett 10x EBT Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2306228413","media":"seekingalpha","summary":"SummaryGoogle (Alphabet) stock is now priced at ~13x FW pretax earnings when adjusted for its cash p","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/22d7d2314781dfbb6ec171acbfc934c6\" tg-width=\"750\" tg-height=\"518\" referrerpolicy=\"no-referrer\"/></p><h2>Summary</h2><ul><li>Google (Alphabet) stock is now priced at ~13x FW pretax earnings when adjusted for its cash position.</li><li>It is essentially viewed by the market as a terminally stagnating business, according to Buffett’s 10x EBT rule.</li><li>Yet, the reality is the exact opposite in the way I see things.</li><li>Plenty of strong growth catalysts are afoot to support outsized long-term return potential for Google stock.</li></ul><h2>The investment thesis</h2><p>The argument in this article is quite simple: Alphabet Inc. (NASDAQ:GOOG) (&#34;Google&#34;) is undervalued based on the Buffett 10x EBT (earnings before taxes) rule. It is selling at a valuation of around 13x FW EBT only after its cash position is adjusted. At such a valuation, the market essentially views Google as a terminally stagnating business. A 13x FW EBT already provides close to 8% of pretax earnings earning yield, making it equivalent to owning an equity bond with a similar yield (bond yields are all quoted on a pretax basis). Any growth will be a bonus at this valuation.</p><p>Yet the reality is the exact opposite in the way I see things. GOOG is anything but a terminally stagnating business. As to be detailed in the rest of the article, GOOG not only enjoys a tremendous moat in its current segments (search engine and digital ad), but it is also well-positioned to capitalize on a range of high-growth areas. And all these new initiatives are supported by its fortressbalance sheet and highly profitable existing products.</p><p>All told, I see GOOG stock easily offers a double-digit pretax annual return potential (around 13%) under current conditions, consisting of about 8% of pretax earnings earning yield as just mentioned and about 5% of perpetual growth rates.</p><h2>Google stock and Buffett&#39;s 10x EBT rule</h2><p>As seen from the next plot, Google has been trading at valuations well above 10x EBT historically. However, under current conditions, it is trading very close to 10x EBT. Note that the vertical axis in the plot is in logarithm scale. So the current valuation is closer to 10x EBT than it appears visually in the plot.</p><p>To be more specific, as of this writing, Google&#39;s stock price is about $98 per share. And my estimate for its 2023 EPS is about $5.8 per share and its tax rate is about 14%. And finally, do not forget that it has about $9 of net cash position sitting on its balance sheet (more on this later). Putting all these numbers together, its current valuations turn out to be ~13x FW EBT after the cash position is subtracted from its stock price.</p><p><img src=\"https://static.tigerbbs.com/35e66c24dfb45a6addaef9025db37ba7\" tg-width=\"640\" tg-height=\"350\" referrerpolicy=\"no-referrer\"/>At such a valuation, Google is essentially viewed by the market as a terminally stagnating business, according to Buffett&#39;s 10x EBT rule. In Buffett&#39;s 10x EBT rule is new to you, I have a <i>blog article</i> detailing it with Q&amp;As I&#39;ve received. A quick summary:</p><ul><li><i>Buffett paid ~10x pretax earnings for many of his largest and best deals (ranging from Coca-Cola, American Express, Walmart, Burlington Northern, and also the more recent Apple purchase). It is hardly a coincidence because buying a business that stagnates forever at 10x EBT would already provide a 10% pretax earnings yield, directly comparable to a 10% yield bond. Any growth is a bonus.</i></li></ul><ul><li><i>The 10x EBT rule, of course, does NOT mean you should buy every/any stock trading below 10x EBT. Investors face two primary risks: A) quality risk and B) valuation risk. The 10x EBT rule is to avoid the type B risk AFTER the type A risk has been eliminated already.</i></li><li><i>Then how do we eliminate type A risks? I look for three things primarily. First and second, the business should have no existential issue in short term and the long term. And third, the business should have a decent chance to grow (at the so-call perpetual growth rate). This will be a plus.</i></li></ul><p>Under this framework, next, I will argue that Google meets all the above requirements. It has no existential threats at all and is well-positioned to grow.</p><h2>Does GOOG have existential issues?</h2><p>I do not see any short-term or long-term survivability issues at all in Google&#39;s case. In the near term, the survivability issue can always be reliably evaluated by dividends (if the company pays regular dividends) and/or its balance sheet and capital structure. In Google&#39;s case, it does not pay dividends. Thus, let&#39;s examine its balance sheet more closely.</p><p>It is a bit of an understatement to say that Google has a strong balance sheet. It has one of the strongest balance sheets in my view. As of its most recent financial statements, it has a significant amount of cash (and cash equivalents) and a net cash position totaling about $116B. translating into about $9 per share. Additionally, Google has a low level of debt (only $29B as seen). It is currently facing some immediate uncertainties ahead (like the layoffs) together with the rest of the economy. But its fortress balance sheet provides a thick cushion for the company to weather any potential downturns in the economy.</p><p><img src=\"https://static.tigerbbs.com/a6ee30acbc6c60a38d548c271b0821cc\" tg-width=\"640\" tg-height=\"256\" referrerpolicy=\"no-referrer\"/>Long-term survivability hinges on the fundamental moat. And here again, I see Google enjoys one of the widest and most dominant moats. Google has a dominating market share in the search engine space. According to statistics from Statcounter below, as of December 2022, Google had a market share of over 92.5% of the global search engine market share. The next largest player, Microsoft Bing, is a remote second, with a ~3% market share only.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6aa9dcd6cf59e83cd6bdc3a715ff9300\" tg-width=\"640\" tg-height=\"176\" referrerpolicy=\"no-referrer\"/><span>Statcounter data</span></p><p>Many of us worry about an economic recession and further worry that a recession might hit the ad space more harshly. However, in reality, advertising expenditures are quite stable as you can see from the following data. After all, ad is what draws customers in the first place.</p><p>To wit, the chart shows ad spending is quite stable over time, with only small fluctuations in both the U.S. and China, the two largest economies. In the U.S., ad spending has fluctuated within a relatively narrow range of 1.01% to 1.80% over the past decade. The only exception was 2021. The COVID-19 pandemic unexpectedly spurred ad spending drastically. The picture for China is very similar.</p><p>Also note that developed countries like the U.S., where consumption is a larger part of the economy, have been demonstrating higher ad spending as a percentage of GDP. Ad spending as a percentage of GDP has been in a range of 0.85% to 0.90% over the past 10 years in China. And this observation leads me to the next topic: the profitability and growth potential of Google.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5eff0175bca799bc8343e75ff56a6aba\" tg-width=\"640\" tg-height=\"216\" referrerpolicy=\"no-referrer\"/><span>Dolphin Research</span></p><h2>GOOG: Profitability and growth prospects</h2><p>Thanks to its moat and technological lead, Google has a robust revenue stream and has been consistently profitable. Furthermore, its diversified business model across various segments and geographies has also helped in providing a stable revenue stream and growth opportunities (especially in developing countries as mentioned above). All told, the plot next shows GOOG&#39;s profitability in terms of ROCE (return on capital employed). As seen, its ROCE is on average 48.7% in recent years, a very competitive level even in the overachieving FAAMG group.</p><p><img src=\"https://static.tigerbbs.com/8eda4c9b77bdda6573ed7eb1b2a4dab4\" tg-width=\"640\" tg-height=\"328\" referrerpolicy=\"no-referrer\"/></p><p>Supported by its existing moat and strong ROCE, I see strong potential for Google ahead. Leading growth catalysts include growth in the advertising space as mentioned above, cloud computing, its multitude of digital services, and also its fast expansion of hardware lineup (such as Pixel smartphones and smart home devices).</p><p>For the long-term, as also detailed in my blog article, the growth rate of any business is ultimately governed by the products of ROCE and Reinvestment Rate (&#34;RR&#34;). Google has been maintaining a 10%+ RR in recent years, and I see such a RR as sustainable in the long term given its strong cash flow. And the combination of an average 48.7% ROCE and 10% RR could lead to ~5% of perpetual growth rates (48.7% ROCE * 10% RR = ~4.87% of perpetual growth rates) as summarized in the table below.</p><p><img src=\"https://static.tigerbbs.com/ddd204f37b091dd434c2a7dbcad4eaa1\" tg-width=\"640\" tg-height=\"278\" referrerpolicy=\"no-referrer\"/></p><h2>Risks and final thoughts</h2><p>To recap, Google certainly faces uncertainties. In the near term, Google faces competition from other social media platforms such as Facebook, Twitter, and TikTok. The company also faces regulatory risks almost constantly. Its core business relies on collecting and using data from users, which has always attracted privacy concerns and regulatory scrutiny. In recent years, Google has faced fines and penalties from various governments for alleged violations of privacy laws. These risks have (and could) impact Google&#39;s stock prices substantially.</p><p>However, to me, the current valuation suggests that these above issues are overblown. At ~13x FW EBT after adjusting for its cash position, the market essentially views it as a terminally stagnating business according to Buffett&#39;s 10x EBT rule. Yet, I see it as anything but. I see the stock as an almost-perfect fit to the Buffett 10x EBT rule (except the valuation is a bit above 10x EBT). And as such, I see very favorable prospects for double-digit annual returns in the long term. My projections show ~13% of annual long-term return potential, with about 8% coming from pretax earnings yield and about 5% coming from organic growth.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google Shouldn't Be, But Approaches, A Buffett 10x EBT Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle Shouldn't Be, But Approaches, A Buffett 10x EBT Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-29 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4573059-google-approaches-buffett-10x-ebt-stock><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGoogle (Alphabet) stock is now priced at ~13x FW pretax earnings when adjusted for its cash position.It is essentially viewed by the market as a terminally stagnating business, according to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4573059-google-approaches-buffett-10x-ebt-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4573":"虚拟现实","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4574":"无人驾驶","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","BK4581":"高盛持仓","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4548":"巴美列捷福持仓","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","SG9999001077.SGD":"United International Growth Fund SGD","LU0079474960.USD":"联博美国增长基金A","BK4553":"喜马拉雅资本持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4507":"流媒体概念","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU1261432733.SGD":"Fidelity World A-ACC-SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4576":"AR","BK4525":"远程办公概念","LU0109392836.USD":"富兰克林科技股A","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","GOOG":"谷歌","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU0444971666.USD":"天利全球科技基金","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4077":"互动媒体与服务","BK4579":"人工智能","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","LU0861579265.USD":"联博低波幅策略股票基金A","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","BK4503":"景林资产持仓","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU1046421795.USD":"富达环球科技A-ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc"},"source_url":"https://seekingalpha.com/article/4573059-google-approaches-buffett-10x-ebt-stock","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2306228413","content_text":"SummaryGoogle (Alphabet) stock is now priced at ~13x FW pretax earnings when adjusted for its cash position.It is essentially viewed by the market as a terminally stagnating business, according to Buffett’s 10x EBT rule.Yet, the reality is the exact opposite in the way I see things.Plenty of strong growth catalysts are afoot to support outsized long-term return potential for Google stock.The investment thesisThe argument in this article is quite simple: Alphabet Inc. (NASDAQ:GOOG) (\"Google\") is undervalued based on the Buffett 10x EBT (earnings before taxes) rule. It is selling at a valuation of around 13x FW EBT only after its cash position is adjusted. At such a valuation, the market essentially views Google as a terminally stagnating business. A 13x FW EBT already provides close to 8% of pretax earnings earning yield, making it equivalent to owning an equity bond with a similar yield (bond yields are all quoted on a pretax basis). Any growth will be a bonus at this valuation.Yet the reality is the exact opposite in the way I see things. GOOG is anything but a terminally stagnating business. As to be detailed in the rest of the article, GOOG not only enjoys a tremendous moat in its current segments (search engine and digital ad), but it is also well-positioned to capitalize on a range of high-growth areas. And all these new initiatives are supported by its fortressbalance sheet and highly profitable existing products.All told, I see GOOG stock easily offers a double-digit pretax annual return potential (around 13%) under current conditions, consisting of about 8% of pretax earnings earning yield as just mentioned and about 5% of perpetual growth rates.Google stock and Buffett's 10x EBT ruleAs seen from the next plot, Google has been trading at valuations well above 10x EBT historically. However, under current conditions, it is trading very close to 10x EBT. Note that the vertical axis in the plot is in logarithm scale. So the current valuation is closer to 10x EBT than it appears visually in the plot.To be more specific, as of this writing, Google's stock price is about $98 per share. And my estimate for its 2023 EPS is about $5.8 per share and its tax rate is about 14%. And finally, do not forget that it has about $9 of net cash position sitting on its balance sheet (more on this later). Putting all these numbers together, its current valuations turn out to be ~13x FW EBT after the cash position is subtracted from its stock price.At such a valuation, Google is essentially viewed by the market as a terminally stagnating business, according to Buffett's 10x EBT rule. In Buffett's 10x EBT rule is new to you, I have a blog article detailing it with Q&As I've received. A quick summary:Buffett paid ~10x pretax earnings for many of his largest and best deals (ranging from Coca-Cola, American Express, Walmart, Burlington Northern, and also the more recent Apple purchase). It is hardly a coincidence because buying a business that stagnates forever at 10x EBT would already provide a 10% pretax earnings yield, directly comparable to a 10% yield bond. Any growth is a bonus.The 10x EBT rule, of course, does NOT mean you should buy every/any stock trading below 10x EBT. Investors face two primary risks: A) quality risk and B) valuation risk. The 10x EBT rule is to avoid the type B risk AFTER the type A risk has been eliminated already.Then how do we eliminate type A risks? I look for three things primarily. First and second, the business should have no existential issue in short term and the long term. And third, the business should have a decent chance to grow (at the so-call perpetual growth rate). This will be a plus.Under this framework, next, I will argue that Google meets all the above requirements. It has no existential threats at all and is well-positioned to grow.Does GOOG have existential issues?I do not see any short-term or long-term survivability issues at all in Google's case. In the near term, the survivability issue can always be reliably evaluated by dividends (if the company pays regular dividends) and/or its balance sheet and capital structure. In Google's case, it does not pay dividends. Thus, let's examine its balance sheet more closely.It is a bit of an understatement to say that Google has a strong balance sheet. It has one of the strongest balance sheets in my view. As of its most recent financial statements, it has a significant amount of cash (and cash equivalents) and a net cash position totaling about $116B. translating into about $9 per share. Additionally, Google has a low level of debt (only $29B as seen). It is currently facing some immediate uncertainties ahead (like the layoffs) together with the rest of the economy. But its fortress balance sheet provides a thick cushion for the company to weather any potential downturns in the economy.Long-term survivability hinges on the fundamental moat. And here again, I see Google enjoys one of the widest and most dominant moats. Google has a dominating market share in the search engine space. According to statistics from Statcounter below, as of December 2022, Google had a market share of over 92.5% of the global search engine market share. The next largest player, Microsoft Bing, is a remote second, with a ~3% market share only.Statcounter dataMany of us worry about an economic recession and further worry that a recession might hit the ad space more harshly. However, in reality, advertising expenditures are quite stable as you can see from the following data. After all, ad is what draws customers in the first place.To wit, the chart shows ad spending is quite stable over time, with only small fluctuations in both the U.S. and China, the two largest economies. In the U.S., ad spending has fluctuated within a relatively narrow range of 1.01% to 1.80% over the past decade. The only exception was 2021. The COVID-19 pandemic unexpectedly spurred ad spending drastically. The picture for China is very similar.Also note that developed countries like the U.S., where consumption is a larger part of the economy, have been demonstrating higher ad spending as a percentage of GDP. Ad spending as a percentage of GDP has been in a range of 0.85% to 0.90% over the past 10 years in China. And this observation leads me to the next topic: the profitability and growth potential of Google.Dolphin ResearchGOOG: Profitability and growth prospectsThanks to its moat and technological lead, Google has a robust revenue stream and has been consistently profitable. Furthermore, its diversified business model across various segments and geographies has also helped in providing a stable revenue stream and growth opportunities (especially in developing countries as mentioned above). All told, the plot next shows GOOG's profitability in terms of ROCE (return on capital employed). As seen, its ROCE is on average 48.7% in recent years, a very competitive level even in the overachieving FAAMG group.Supported by its existing moat and strong ROCE, I see strong potential for Google ahead. Leading growth catalysts include growth in the advertising space as mentioned above, cloud computing, its multitude of digital services, and also its fast expansion of hardware lineup (such as Pixel smartphones and smart home devices).For the long-term, as also detailed in my blog article, the growth rate of any business is ultimately governed by the products of ROCE and Reinvestment Rate (\"RR\"). Google has been maintaining a 10%+ RR in recent years, and I see such a RR as sustainable in the long term given its strong cash flow. And the combination of an average 48.7% ROCE and 10% RR could lead to ~5% of perpetual growth rates (48.7% ROCE * 10% RR = ~4.87% of perpetual growth rates) as summarized in the table below.Risks and final thoughtsTo recap, Google certainly faces uncertainties. In the near term, Google faces competition from other social media platforms such as Facebook, Twitter, and TikTok. The company also faces regulatory risks almost constantly. Its core business relies on collecting and using data from users, which has always attracted privacy concerns and regulatory scrutiny. In recent years, Google has faced fines and penalties from various governments for alleged violations of privacy laws. These risks have (and could) impact Google's stock prices substantially.However, to me, the current valuation suggests that these above issues are overblown. At ~13x FW EBT after adjusting for its cash position, the market essentially views it as a terminally stagnating business according to Buffett's 10x EBT rule. Yet, I see it as anything but. I see the stock as an almost-perfect fit to the Buffett 10x EBT rule (except the valuation is a bit above 10x EBT). And as such, I see very favorable prospects for double-digit annual returns in the long term. My projections show ~13% of annual long-term return potential, with about 8% coming from pretax earnings yield and about 5% coming from organic growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956238487,"gmtCreate":1674007805650,"gmtModify":1676538915389,"author":{"id":"4122814202679362","authorId":"4122814202679362","name":"Strupper2003","avatar":"https://community-static.tradeup.com/news/d4b351b1c01a5fceface7fea1d7a6c0b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122814202679362","authorIdStr":"4122814202679362"},"themes":[],"htmlText":"Thanks for updates","listText":"Thanks for updates","text":"Thanks for updates","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956238487","repostId":"1103396985","repostType":2,"repost":{"id":"1103396985","kind":"news","pubTimestamp":1674007392,"share":"https://ttm.financial/m/news/1103396985?lang=&edition=fundamental","pubTime":"2023-01-18 10:03","language":"en","title":"ASX Update: Shares Tread Water As Miners Drag","url":"https://stock-news.laohu8.com/highlight/detail?id=1103396985","media":"Market Herald","summary":"Australian shares marked time for a second day as a mixed night on Wall Street gave investors few re","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/91c64871fe39f1428c9585780ebb012d\" tg-width=\"800\" tg-height=\"430\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Australian shares marked time for a second day as a mixed night on Wall Street gave investors few reasons to add to positions at an eight-month high.</p><p>The <b>S&amp;P/ASX 200</b> nudged up seven points or 0.1 per cent by mid-session.</p><p>Healthcare providers rose for a sixth day. Also strong were tech and consumer stocks. Miners fell for a second session following mixed Chinese economic data yesterday.</p><h2>What’s driving the market</h2><p>The ferocious rally since the start of the year has slowed this week after a long weekend in the US and mixed earnings results acted as brakes. Overnight, the <b>Dow</b> and <b>S&amp;P 500</b> broke four-session win streaks when US trade resumed. The Dow lost 1.14 per cent and the S&amp;P 500 index 0.2 per cent as a big earnings miss from Goldman Sachs weighed.</p><p>“After a positive start, equities this week might have to face some tough reality when corporate earnings are out in the US. This could shift the focus on individual stocks and sectors, thereby not producing a broad-based uptick. On Wall Street, weaker quarterly profit for Goldman Sachs hit the stock as well as the Dow index yesterday,” Kunal Sawhney, CEO of research group Kalkine, said.</p><p>The <b>Nasdaq</b> eked out a seventh straight advance, rising 0.14 per cent as traders continued to favour growth over value. On the ASX, tech was the morning’s best-performing sector as buyers continued to sift for companies oversold during last year’s fire storm on financial markets.</p><p>The improvement in risk appetite this year has been underlined by <b>Bitcoin</b>’s 14-session win streak. Talk of a “digital winter” has faded as digital tokens recoup some of last year’s heavy losses. Bitcoin has put on 24 per cent in seven sessions.</p><p>“Bitcoin reached to [US]$21,000, as investors are optimistic that it may have reached its lowest point and that inflation may have peaked. The gains came after a report on consumer prices showed a decline in January inflation numbers. The Federal Reserve is also likely to reduce interest rate increases,” Edul Patel, CEO and Co-founder of Mudrex, told Livemint.</p><h2>Going up</h2><p>The <b>healthcare</b> sector charged towards a sixth straight advance. Fisher &amp; Paykel Healthcare put on 2.15 per cent, ResMed 2.13 per cent, Ansell 1.28 per cent and CSL 0.6 per cent.</p><p><b>Telix Pharmaceuticals</b> popped 6.99 per cent after turning cash flow positive for the first time last quarter. The company swung from cash outflow of $5.3 million in Q1 to a maiden inflow of $1.6 million last quarter. Cash receipts jumped 62 per cent to $72.2 million. Sales revenues in the US surged 43 per cent.</p><p><b>JB Hi-Fi</b> climbed 3.67 per cent towards an eight-month high on the back of yesterday’s record half-year result. Other retailers to advance included <b>Harvey Norman</b> +3.2 per cent, <b>Premier Investments</b> +1.67 per cent and <b>Wesfarmers</b> +0.81 per cent.</p><p>Record December quarter production lifted lithium miner <b>Allkem</b> 0.04 per cent. Output at the miner’s Olaroz facility increased by 17 per cent over the prior corresponding period to a record 4,253 tonnes. Revenues were US$151 million with a gross cash margin of 90 per cent.</p><p>The <b>tech</b> sector led as Afterpay owner Block firmed 3.42 per cent, Technology One 1.37 per cent and Iress 1.24 per cent.</p><p><b>Nickel Industries</b> entered a trading halt to tap investors for funds to acquire interests in two producing nickel assets. The company has entered agreements with Shanghai Decent Investment Group to acquire a 10 per cent interest in the PT Huayue Nickel Cobalt Company and an additional 10 per cent interest in the Oracle nickel project.</p><p>The $673 million capital raise will also fund the acquisition of “options to collaborate with Shanghai Decent on future battery nickel opportunities”.</p><h2>Going down</h2><p><b>BHP</b> continued to back off record levels following a two-day decline in the price of iron ore. The Big Australian dropped 0.81 per cent.</p><p>Gold miner <b>Newcrest</b> shed 0.88 per cent, industrial property heavyweight <b>Goodman Group</b> 1.7 per cent and <b>Woodside Energy</b> 1.03 per cent.</p><p>Online creators’ marketplace <b>Redbubble</b> slumped 12.28 per cent after announcing job cuts and other cost savings as consumer demand remains “challenging” in the year ahead. The company will cut 14 per cent of its workforce as it focuses on returning to cash flow positive by year-end.</p><p>The departure of chief financial officer Robert Shore “by agreement” helped pull <b>EML Payments</b> down 2.17 per cent. Shore had been in the role for six and a half years. The firm’s European CFO, Jonathan Gatt, will act up until a permanent replacement is appointed.</p><h2>Other markets</h2><p>A mixed session on <b>Asian markets</b> saw China’s Shanghai Composite add 0.1 per cent and Japan’s Nikkei tack on 0.67 per cent. Hong Kong’s Hang Seng shed 0.38 per cent. The Asia Dow lost 0.34 per cent.</p><p><b>US futures</b> added to last night’s losses. S&amp;P 500 futures faded nine points or 0.22 per cent.</p><p><b>Oil</b> rose for the sixth time in seven sessions. Brent crude climbed 63 US cents or 0.7 per cent to US$86.55 a barrel.</p><p><b>Gold</b> inched up 30 US cents or 0.02 per cent to US$1,910.20 an ounce.</p><p>The <b>dollar</b> was broadly steady at 69.85 US cents.</p></body></html>","source":"lsy1645078131697","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>ASX Update: Shares Tread Water As Miners Drag</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\">\nASX Update: Shares Tread Water As Miners Drag\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-18 10:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketherald.com.au/asx-update-shares-tread-water-as-miners-drag-2023-01-18/><strong>Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Australian shares marked time for a second day as a mixed night on Wall Street gave investors few reasons to add to positions at an eight-month high.The S&P/ASX 200 nudged up seven points or 0.1 per ...</p>\n\n<a href=\"https://themarketherald.com.au/asx-update-shares-tread-water-as-miners-drag-2023-01-18/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XJO.AU":"标普/澳交所 200指数","XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数"},"source_url":"https://themarketherald.com.au/asx-update-shares-tread-water-as-miners-drag-2023-01-18/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103396985","content_text":"Australian shares marked time for a second day as a mixed night on Wall Street gave investors few reasons to add to positions at an eight-month high.The S&P/ASX 200 nudged up seven points or 0.1 per cent by mid-session.Healthcare providers rose for a sixth day. Also strong were tech and consumer stocks. Miners fell for a second session following mixed Chinese economic data yesterday.What’s driving the marketThe ferocious rally since the start of the year has slowed this week after a long weekend in the US and mixed earnings results acted as brakes. Overnight, the Dow and S&P 500 broke four-session win streaks when US trade resumed. The Dow lost 1.14 per cent and the S&P 500 index 0.2 per cent as a big earnings miss from Goldman Sachs weighed.“After a positive start, equities this week might have to face some tough reality when corporate earnings are out in the US. This could shift the focus on individual stocks and sectors, thereby not producing a broad-based uptick. On Wall Street, weaker quarterly profit for Goldman Sachs hit the stock as well as the Dow index yesterday,” Kunal Sawhney, CEO of research group Kalkine, said.The Nasdaq eked out a seventh straight advance, rising 0.14 per cent as traders continued to favour growth over value. On the ASX, tech was the morning’s best-performing sector as buyers continued to sift for companies oversold during last year’s fire storm on financial markets.The improvement in risk appetite this year has been underlined by Bitcoin’s 14-session win streak. Talk of a “digital winter” has faded as digital tokens recoup some of last year’s heavy losses. Bitcoin has put on 24 per cent in seven sessions.“Bitcoin reached to [US]$21,000, as investors are optimistic that it may have reached its lowest point and that inflation may have peaked. The gains came after a report on consumer prices showed a decline in January inflation numbers. The Federal Reserve is also likely to reduce interest rate increases,” Edul Patel, CEO and Co-founder of Mudrex, told Livemint.Going upThe healthcare sector charged towards a sixth straight advance. Fisher & Paykel Healthcare put on 2.15 per cent, ResMed 2.13 per cent, Ansell 1.28 per cent and CSL 0.6 per cent.Telix Pharmaceuticals popped 6.99 per cent after turning cash flow positive for the first time last quarter. The company swung from cash outflow of $5.3 million in Q1 to a maiden inflow of $1.6 million last quarter. Cash receipts jumped 62 per cent to $72.2 million. Sales revenues in the US surged 43 per cent.JB Hi-Fi climbed 3.67 per cent towards an eight-month high on the back of yesterday’s record half-year result. Other retailers to advance included Harvey Norman +3.2 per cent, Premier Investments +1.67 per cent and Wesfarmers +0.81 per cent.Record December quarter production lifted lithium miner Allkem 0.04 per cent. Output at the miner’s Olaroz facility increased by 17 per cent over the prior corresponding period to a record 4,253 tonnes. Revenues were US$151 million with a gross cash margin of 90 per cent.The tech sector led as Afterpay owner Block firmed 3.42 per cent, Technology One 1.37 per cent and Iress 1.24 per cent.Nickel Industries entered a trading halt to tap investors for funds to acquire interests in two producing nickel assets. The company has entered agreements with Shanghai Decent Investment Group to acquire a 10 per cent interest in the PT Huayue Nickel Cobalt Company and an additional 10 per cent interest in the Oracle nickel project.The $673 million capital raise will also fund the acquisition of “options to collaborate with Shanghai Decent on future battery nickel opportunities”.Going downBHP continued to back off record levels following a two-day decline in the price of iron ore. The Big Australian dropped 0.81 per cent.Gold miner Newcrest shed 0.88 per cent, industrial property heavyweight Goodman Group 1.7 per cent and Woodside Energy 1.03 per cent.Online creators’ marketplace Redbubble slumped 12.28 per cent after announcing job cuts and other cost savings as consumer demand remains “challenging” in the year ahead. The company will cut 14 per cent of its workforce as it focuses on returning to cash flow positive by year-end.The departure of chief financial officer Robert Shore “by agreement” helped pull EML Payments down 2.17 per cent. Shore had been in the role for six and a half years. The firm’s European CFO, Jonathan Gatt, will act up until a permanent replacement is appointed.Other marketsA mixed session on Asian markets saw China’s Shanghai Composite add 0.1 per cent and Japan’s Nikkei tack on 0.67 per cent. Hong Kong’s Hang Seng shed 0.38 per cent. The Asia Dow lost 0.34 per cent.US futures added to last night’s losses. S&P 500 futures faded nine points or 0.22 per cent.Oil rose for the sixth time in seven sessions. Brent crude climbed 63 US cents or 0.7 per cent to US$86.55 a barrel.Gold inched up 30 US cents or 0.02 per cent to US$1,910.20 an ounce.The dollar was broadly steady at 69.85 US cents.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}