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AnkitJ

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- AnkitJAnkitJ
  ·11-15
  Amazing comprehensive analysis and great point of view. I am in a similar boat as yours and disappointed and worried that management doesnt have anything fradaulent or to hide, why they continue to miss deadlines in filing important accounting requirements. They should be forthcoming and proactive during these times and try to provide clarity to investors which is essentially management job. It's shareholders fund they are dealing with and they are accountable to be transparent.
  Super Micro Computer: I Am Greedy While Others Are Fearful
  SummarySuper Micro Computer is significantly undervalued due to highly likely exaggerated fears of accounting manipulations and the reported DOJ investigation, presenting a strong buying opportunity.D
  Super Micro Computer: I Am Greedy While Others Are Fearful
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- AnkitJAnkitJ
  ·05-22
  Met the CEO in Mining Summit and was impressed with the outlook of the company and future potential ..
  Retail investors who hold 45% of WA1 Resources Ltd (ASX:WA1) gained 11%, insiders profited as well
  Key Insights WA1 Resources' significant retail investors ownership suggests that the key decisions are influenced by...
  Retail investors who hold 45% of WA1 Resources Ltd (ASX:WA1) gained 11%, insiders profited as well
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- AnkitJAnkitJ
  ·03-21
  Good time to buy reditt?
  Reddit to make stock market debut today, prices IPO at $34/ share
  Reddit to make stock market debut today, prices IPO at $34/ share
  Reddit to make stock market debut today, prices IPO at $34/ share
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comprehensive analysis and great point of view. I am in a similar boat as yours and disappointed and worried that management doesnt have anything fradaulent or to hide, why they continue to miss deadlines in filing important accounting requirements.&nbsp; They should be forthcoming and proactive during these times and try to provide clarity to investors which is essentially management job.&nbsp; It's shareholders fund they are dealing with and they are accountable to be transparent.&nbsp;","listText":"Amazing comprehensive analysis and great point of view. I am in a similar boat as yours and disappointed and worried that management doesnt have anything fradaulent or to hide, why they continue to miss deadlines in filing important accounting requirements.&nbsp; They should be forthcoming and proactive during these times and try to provide clarity to investors which is essentially management job.&nbsp; It's shareholders fund they are dealing with and they are accountable to be transparent.&nbsp;","text":"Amazing comprehensive analysis and great point of view. I am in a similar boat as yours and disappointed and worried that management doesnt have anything fradaulent or to hide, why they continue to miss deadlines in filing important accounting requirements. They should be forthcoming and proactive during these times and try to provide clarity to investors which is essentially management job. It's shareholders fund they are dealing with and they are accountable to be transparent.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":24,"commentSize":3,"repostSize":2,"link":"https://ttm.financial/post/371053863297224","repostId":"1165124291","repostType":2,"repost":{"id":"1165124291","kind":"news","pubTimestamp":1731599503,"share":"https://ttm.financial/m/news/1165124291?lang=&edition=fundamental","pubTime":"2024-11-14 23:51","market":"us","language":"en","title":"Super Micro Computer: I Am Greedy While Others Are Fearful","url":"https://stock-news.laohu8.com/highlight/detail?id=1165124291","media":"Seeking Alpha","summary":"SummarySuper Micro Computer is significantly undervalued due to highly likely exaggerated fears of accounting manipulations and the reported DOJ investigation, presenting a strong buying opportunity.D","content":"<html><head></head><body><h2 id=\"id_1975904538\">Summary</h2><ul style=\"\"><li><p>Super Micro Computer is significantly undervalued due to highly likely exaggerated fears of accounting manipulations and the reported DOJ investigation, presenting a strong buying opportunity.</p></li><li><p>Despite reputational challenges, SMCI&#39;s partnerships with NVIDIA and AMD affirm its credibility and operational integrity, bolstering confidence in its financial reports.</p></li><li><p>Preliminary FQ1 2025 results show robust revenue growth and improved margins, driven by strong AI GPU platform demand, indicating solid business fundamentals.</p></li><li><p>Valuation analysis suggests a fair share price of $90, highlighting substantial upside potential from current levels, making SMCI a compelling opportunity.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e678235f3d3a4c30f6900e649543eed9\" alt=\"Supermicro headquarters in San Jose, California, USA\" title=\"Supermicro headquarters in San Jose, California, USA\" tg-width=\"750\" tg-height=\"500\"/><span>Supermicro headquarters in San Jose, California, USA</span></p><h2 id=\"id_392237773\">Introduction</h2><p>Super Micro Computer (NASDAQ:SMCI) is still dropping, and is five times cheaper than its March 2024 peak. The company is still generating exponential revenue growth and increasing EPS. However, the stock price suggests that concerns about SMCI&#39;s accounting inaccuracy overshadow robust business expansion.</p><p>I am not happy that the stock plunged by 63% since my August bullish call, as I have skin in the game. I have been buying aggressively since the stock started tanking in late August, meaning that I have a substantial SMCI position. I also worry about the recent auditor resignation and there is a lot of uncertainty in the FY2024 10-K report release timing. Yet, the stock is so cheap that it provides an excellent opportunity to double down. The preliminary earnings for the latest quarter were released a week ago. It is very hard to imagine that the management would risk presenting an unfair view of SMCI&#39;s financial performance, given the panic around the stock and the reported DOJ investigation.</p><p>The deeply low 14-day RSI reading shows how very spooked the market is over SMCI. This makes me greedy. I tend to believe that allegations of accounting manipulations are exaggerated. Therefore, I still consider SMCI a &#39;Strong Buy&#39;.</p><h2 id=\"id_3077953962\">Fundamental analysis</h2><p>SMCI has recently encountered several significant reputational challenges. This began with a late-August opinions from some analysts that questioned the trustworthiness of SMCI&#39;s financial statements and the management&#39;s integrity. The company then failed to file its 10-K report on time, and there are reports of a DOJ investigation regarding allegations around accounting manipulations. As a result of all these adverse events, the stock price decreased by more than 60% since late August.</p><p>The company has recently released its FQ1 2025 preliminary results and FQ2 2025 guidance, with robust revenue and EPS growth. I tend to trust in the accuracy of this release, despite the aforementioned allegations. There are two big reasons for such confidence.</p><p>The first is that it is hard to imagine that a company under public pressure and scrutiny would manipulate its financials. Second, no major semiconductor companies have separated from SMCI and continue to call SMCI their partner. It has been rumored that Nvidia is taking orders away from SMCI, but I tend to go with what the companies say on their website.</p><p>On October 15, Nvidia announced a new partnership with SMCI. The expanded collaboration highlights the integration of Nvidia&#39;s BlueField data processing unit (&#39;DPU&#39;) into SMCI&#39;s storage solutions. This factor highlights Nvidia&#39;s confidence in SMCI&#39;s trustworthiness. Furthermore, a presentation endorsing SMCI is still available on AMD&#39;s official website. I might be missing something, but Nvidia and AMD appear to be companies with flawless reputations. Thus, it is highly unlikely that Jensen Huang or Lisa Su would risk their reputations by supporting collaboration with a company with questionable integrity or operational practices. There is also a separate page on Intel&#39;s website dedicated to endorse SMCI&#39;s offerings.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e915ca85bac0b07cb94d9f717e09bebb\" alt=\"SA\" title=\"SA\" tg-width=\"617\" tg-height=\"311\"/><span>SA</span></p><p></p><p>Therefore, I consider the preliminary earnings announcement as trustworthy. According to preliminary results, revenue for FQ1 ranged from $5.9 billion to $6 billion, representing an 181% year-over-year increase. The growth was primarily driven by strong demand for AI GPU platforms. SMCI&#39;s non-GAAP gross margin has improved quarter-over-quarter from 11.3% to 13.3%. The profitability expansion was powered by favorable shifts in the product and customer mix.</p><p>The FQ2 guidance also looks robust, with the projected range from $5.5 billion to $6.1 billion. The $5.8 billion midpoint level is 58% higher compared to the same quarter of FY2024. The guidance fell short of Wall Street expectations, but this looks explainable, as the management cites low Blackwell GPU availability due to high demand. So, the problem looks temporary.</p><p>Secular trends are still strong as cloud giants look unwilling to cool down their data center spending spree. Amazon plans to invest another billion+ in Italian data centers and has recently bought 350 acres for data center in Becker. Google&#39;s plans to invest much more in data centers over the long term are apparent after the company announced that it is buying nuclear reactors to meet the energy demand of its current and future data centers. Microsoft also recognizes the potential for data center expansion and is already incorporating sustainable solutions to minimize its environmental footprint. Thus, the industry is thriving and evolving rapidly, providing a strong tailwind for SMCI.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c88485771692e0f540617907c77cd416\" alt=\"\" title=\"\" tg-width=\"635\" tg-height=\"424\"/></p><p></p><p>The stock is significantly oversold, with its 14-day RSI indicator at a historically low level of 27. While the market seems extremely fearful about SMCI, I prefer to set emotions aside. The world&#39;s largest semiconductor companies, which undoubtedly value their reputations, continue to work closely with SMCI, suggesting that the allegations are likely overestimated. Furthermore, the company is already under significant public pressure and scrutiny, making accounting manipulations around the latest preliminary quarterly earnings release extremely unlikely.</p><h2 id=\"id_1000083254\">Valuation analysis</h2><p>As I mentioned, the stock is now significantly cheaper than it was in late August, and such a plunge is explained by fears of the market regarding accounting manipulation allegations. However, since I outlined why I believe that these fears are highly likely exaggerated, I plan to rely on long-term consensus revenue projections to build my DCF model. The zero FCF margin for the base year reflects the company&#39;s aggressive CapEx spending to address soaring demand. For the years after FY2025, I reiterate the same trajectory of the metric expanding by 200 basis points yearly. To balance out an aggressive FCF margin assumption, I use a very conservative 2% constant growth rate to calculate terminal value (&#39;TV&#39;). I use an 8% WACC to discount future cash flows.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ad7a5df190b39226ec84be40cfeb92e3\" alt=\"Calculated by the author\" title=\"Calculated by the author\" tg-width=\"640\" tg-height=\"296\"/><span>Calculated by the author</span></p><p></p><p>The first simulation indicates a fair share price of approximately $90, which is almost four times higher compared to the current share price. Thus, fears around the stock made it extremely cheap.</p><p>The fair value estimation approaches the current share price only if unrealistically pessimistic assumptions are incorporated. The fair share price is around $23 when I apply a 1% constant growth rate and a very low 3% revenue CAGR for the next five years, with the FCF margin expanding by only 100 basis points annually.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/eac69b7345c3cdf59226b894d21ac6c7\" alt=\"Calculated by the author\" title=\"Calculated by the author\" tg-width=\"640\" tg-height=\"294\"/><span>Calculated by the author</span></p><p></p><p>With that said, I believe SMCI is very attractively valued. My target price is $90 per share, which is close to mid-summer 2024 levels, making such upside potential realistic.</p><h2 id=\"id_1906077690\">Mitigating factors</h2><p>Official communication is crucial in emergency cases threatening the image of a business, such as those experienced by SMCI over the last few months. In my opinion, the management could have handled the situation in a smoother way. As a result, it seems that the stock crash would not have been as bad. There is still no indication of when the company’s FY2024 10-K report will be published, which creates room for possible new bad-looking headlines. This might just set off another bearish market wave if the communication approach between the management and investors remains the same.</p><p>Additionally, the past precedent of delisting in 2019 due to accounting issues remains a concern. According to the official information from SMCI, the management is still unable to share the expected date of the 10-K filing, which increases risks of failing to comply with Nasdaq listing rules. However, I believe that the company&#39;s efforts to engage a new auditor will mitigate the risk. The completion of the Special Committee&#39;s investigation, which found no evidence of fraud or misconduct, is a positive step towards resolving this adverse situation.</p><h2 id=\"id_3728447271\">Conclusion</h2><p>As an investor, I prefer to set emotions aside and focus on the facts. A company that has faces intense public scrutiny is almost certainly not going to play along with its accounting books. This factor makes the recent preliminary FQ1 2025 earnings release is a reliable informational tool. I am also extremely skeptical that Nvidia, AMD, or Intel would continue supporting SMCI as a crucial technological partner if there was really something wrong with it.</p></body></html>","source":"seekingalpha_fund","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>Super Micro Computer: I Am Greedy While Others Are Fearful</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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The company is still generating exponential revenue growth and increasing EPS. However, the stock price suggests that concerns about SMCI's accounting inaccuracy overshadow robust business expansion.I am not happy that the stock plunged by 63% since my August bullish call, as I have skin in the game. I have been buying aggressively since the stock started tanking in late August, meaning that I have a substantial SMCI position. I also worry about the recent auditor resignation and there is a lot of uncertainty in the FY2024 10-K report release timing. Yet, the stock is so cheap that it provides an excellent opportunity to double down. The preliminary earnings for the latest quarter were released a week ago. It is very hard to imagine that the management would risk presenting an unfair view of SMCI's financial performance, given the panic around the stock and the reported DOJ investigation.The deeply low 14-day RSI reading shows how very spooked the market is over SMCI. This makes me greedy. I tend to believe that allegations of accounting manipulations are exaggerated. Therefore, I still consider SMCI a 'Strong Buy'.Fundamental analysisSMCI has recently encountered several significant reputational challenges. This began with a late-August opinions from some analysts that questioned the trustworthiness of SMCI's financial statements and the management's integrity. The company then failed to file its 10-K report on time, and there are reports of a DOJ investigation regarding allegations around accounting manipulations. As a result of all these adverse events, the stock price decreased by more than 60% since late August.The company has recently released its FQ1 2025 preliminary results and FQ2 2025 guidance, with robust revenue and EPS growth. I tend to trust in the accuracy of this release, despite the aforementioned allegations. There are two big reasons for such confidence.The first is that it is hard to imagine that a company under public pressure and scrutiny would manipulate its financials. Second, no major semiconductor companies have separated from SMCI and continue to call SMCI their partner. It has been rumored that Nvidia is taking orders away from SMCI, but I tend to go with what the companies say on their website.On October 15, Nvidia announced a new partnership with SMCI. The expanded collaboration highlights the integration of Nvidia's BlueField data processing unit ('DPU') into SMCI's storage solutions. This factor highlights Nvidia's confidence in SMCI's trustworthiness. Furthermore, a presentation endorsing SMCI is still available on AMD's official website. I might be missing something, but Nvidia and AMD appear to be companies with flawless reputations. Thus, it is highly unlikely that Jensen Huang or Lisa Su would risk their reputations by supporting collaboration with a company with questionable integrity or operational practices. There is also a separate page on Intel's website dedicated to endorse SMCI's offerings.SATherefore, I consider the preliminary earnings announcement as trustworthy. According to preliminary results, revenue for FQ1 ranged from $5.9 billion to $6 billion, representing an 181% year-over-year increase. The growth was primarily driven by strong demand for AI GPU platforms. SMCI's non-GAAP gross margin has improved quarter-over-quarter from 11.3% to 13.3%. The profitability expansion was powered by favorable shifts in the product and customer mix.The FQ2 guidance also looks robust, with the projected range from $5.5 billion to $6.1 billion. The $5.8 billion midpoint level is 58% higher compared to the same quarter of FY2024. The guidance fell short of Wall Street expectations, but this looks explainable, as the management cites low Blackwell GPU availability due to high demand. So, the problem looks temporary.Secular trends are still strong as cloud giants look unwilling to cool down their data center spending spree. Amazon plans to invest another billion+ in Italian data centers and has recently bought 350 acres for data center in Becker. Google's plans to invest much more in data centers over the long term are apparent after the company announced that it is buying nuclear reactors to meet the energy demand of its current and future data centers. Microsoft also recognizes the potential for data center expansion and is already incorporating sustainable solutions to minimize its environmental footprint. Thus, the industry is thriving and evolving rapidly, providing a strong tailwind for SMCI.The stock is significantly oversold, with its 14-day RSI indicator at a historically low level of 27. While the market seems extremely fearful about SMCI, I prefer to set emotions aside. The world's largest semiconductor companies, which undoubtedly value their reputations, continue to work closely with SMCI, suggesting that the allegations are likely overestimated. Furthermore, the company is already under significant public pressure and scrutiny, making accounting manipulations around the latest preliminary quarterly earnings release extremely unlikely.Valuation analysisAs I mentioned, the stock is now significantly cheaper than it was in late August, and such a plunge is explained by fears of the market regarding accounting manipulation allegations. However, since I outlined why I believe that these fears are highly likely exaggerated, I plan to rely on long-term consensus revenue projections to build my DCF model. The zero FCF margin for the base year reflects the company's aggressive CapEx spending to address soaring demand. For the years after FY2025, I reiterate the same trajectory of the metric expanding by 200 basis points yearly. To balance out an aggressive FCF margin assumption, I use a very conservative 2% constant growth rate to calculate terminal value ('TV'). I use an 8% WACC to discount future cash flows.Calculated by the authorThe first simulation indicates a fair share price of approximately $90, which is almost four times higher compared to the current share price. Thus, fears around the stock made it extremely cheap.The fair value estimation approaches the current share price only if unrealistically pessimistic assumptions are incorporated. The fair share price is around $23 when I apply a 1% constant growth rate and a very low 3% revenue CAGR for the next five years, with the FCF margin expanding by only 100 basis points annually.Calculated by the authorWith that said, I believe SMCI is very attractively valued. My target price is $90 per share, which is close to mid-summer 2024 levels, making such upside potential realistic.Mitigating factorsOfficial communication is crucial in emergency cases threatening the image of a business, such as those experienced by SMCI over the last few months. In my opinion, the management could have handled the situation in a smoother way. As a result, it seems that the stock crash would not have been as bad. There is still no indication of when the company’s FY2024 10-K report will be published, which creates room for possible new bad-looking headlines. This might just set off another bearish market wave if the communication approach between the management and investors remains the same.Additionally, the past precedent of delisting in 2019 due to accounting issues remains a concern. According to the official information from SMCI, the management is still unable to share the expected date of the 10-K filing, which increases risks of failing to comply with Nasdaq listing rules. However, I believe that the company's efforts to engage a new auditor will mitigate the risk. The completion of the Special Committee's investigation, which found no evidence of fraud or misconduct, is a positive step towards resolving this adverse situation.ConclusionAs an investor, I prefer to set emotions aside and focus on the facts. A company that has faces intense public scrutiny is almost certainly not going to play along with its accounting books. This factor makes the recent preliminary FQ1 2025 earnings release is a reliable informational tool. I am also extremely skeptical that Nvidia, AMD, or Intel would continue supporting SMCI as a crucial technological partner if there was really something wrong with it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":3000,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667613087911","authorId":"3527667613087911","name":"SullivanRrr","avatar":"https://static.tigerbbs.com/6e743508fdcea73d01327da840eb95a2","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3527667613087911","idStr":"3527667613087911"},"content":"Just stay away from these companies I’d say…","text":"Just stay away from these companies I’d say…","html":"Just stay away from these companies I’d say…"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":308507106078840,"gmtCreate":1716341050115,"gmtModify":1716341620662,"author":{"id":"4150506276606492","authorId":"4150506276606492","name":"AnkitJ","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4150506276606492","idStr":"4150506276606492"},"themes":[],"htmlText":"Met the CEO in Mining Summit&nbsp;and was impressed with the outlook of the company and future potential ..","listText":"Met the CEO in Mining Summit&nbsp;and was impressed with the outlook of the company and future potential ..","text":"Met the CEO in Mining Summit and was impressed with the outlook of the company and future potential ..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/308507106078840","repostId":"2434002081","repostType":2,"repost":{"id":"2434002081","kind":"highlight","pubTimestamp":1715293626,"share":"https://ttm.financial/m/news/2434002081?lang=&edition=fundamental","pubTime":"2024-05-10 06:27","market":"hk","language":"en","title":"Retail investors who hold 45% of WA1 Resources Ltd (ASX:WA1) gained 11%, insiders profited as well","url":"https://stock-news.laohu8.com/highlight/detail?id=2434002081","media":"Simply Wall St.","summary":"Key Insights WA1 Resources' significant retail investors ownership suggests that the key decisions are influenced by...","content":"<html><body><div><h3>Key Insights</h3><ul> <li> WA1 Resources' significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public </li> <li> The top 11 shareholders own 50% of the company </li> <li>  Insider ownership in WA1 Resources is 18% </li> </ul><p> If you want to know who really controls <a href=\"https://laohu8.com/S/WA1.AU\">WA1 Resources Ltd</a> (ASX:WA1), then you'll have to look at the makeup of its share registry.  The group holding the most number of shares in the company, around 45% to be precise, is retail investors.   That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). </p><p> Following a 11% increase in the stock price last week, retail investors profited the most, but insiders who own 18% stock also stood to gain from the increase.     </p><p> Let's take a closer look to see what the different types of shareholders can tell us about WA1 Resources. </p><p><span> See our latest analysis for WA1 Resources </span></p><figure><img height=\"245\" loading=\"lazy\" src=\"https://images.simplywall.st/asset/chart/1760045483-ownership-breakdown-1-dark/1715293624081\" width=\"746\"/><figcaption>ASX:WA1 Ownership Breakdown May 9th 2024</figcaption></figure> <h2>What Does The Institutional Ownership Tell Us About WA1 Resources?</h2><p> Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. </p> <p> We can see that WA1 Resources does have institutional investors; and they hold a good portion of the company's stock.  This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong.  If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at WA1 Resources' earnings history below. Of course, the future is what really matters. </p><figure><img height=\"524\" loading=\"lazy\" src=\"https://images.simplywall.st/asset/chart/1760045483-earnings-and-revenue-growth-1-dark/1715293625132\" width=\"821\"/><figcaption>ASX:WA1 Earnings and Revenue Growth May 9th 2024</figcaption></figure> <p> Our data indicates that hedge funds own 11% of WA1 Resources.   That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders.      The company's largest shareholder is Agrimin Limited, with ownership of 14%.       For context, the second largest shareholder holds about 11% of the shares outstanding, followed by an ownership of 5.7% by the third-largest shareholder.     Rhys Bradley, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors.       Additionally, the company's CEO Paul Savich directly holds 5.7% of the total shares outstanding.   </p> <p> A closer look at our ownership figures suggests that the top 11 shareholders have a combined ownership of 50% implying that no single shareholder has a majority.  </p> <p> Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments.   While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.  </p><h2>Insider Ownership Of WA1 Resources</h2><p> While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.  Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. </p><p> Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. </p> <p> Our most recent data indicates that insiders own a reasonable proportion of WA1 Resources Ltd.   Insiders have a AU$215m stake in this AU$1.2b business.  This may suggest that the founders still own a lot of shares. You can  click here to see if they have been buying or selling.  </p> <h2>General Public Ownership</h2><p> The general public-- including retail investors -- own 45% stake in the company, and hence can't easily be ignored.   This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. </p> <h2>Private Company Ownership</h2><p> It seems that Private Companies own 3.5%, of the WA1 Resources stock.   Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.  </p> <h2>Public Company Ownership</h2><p> Public companies currently own 14% of WA1 Resources stock.   It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.  </p> <h2>Next Steps:</h2><p> While it is well worth considering the different groups that own a company, there are other factors that are even more important.    Take risks for example - WA1 Resources has  <strong> 4 warning signs </strong> (and 2 which make us uncomfortable)  we think you should know about.   </p> <p> If you would prefer discover what analysts are predicting in terms of future growth, do not miss this <strong>free</strong> report on analyst forecasts. </p> <p><small>NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.</small></p><div><h3>Valuation is complex, but we're helping make it simple.</h3><p>Find out whether WA1 Resources is potentially over or undervalued by checking out our comprehensive analysis, which includes <strong>fair value estimates, risks and warnings, dividends, insider transactions and financial health.</strong></p>View the Free Analysis</div><p><strong>Have feedback on this article? Concerned about the content?</strong> <strong>Get in touch</strong><strong> with us directly.</strong><i> Alternatively, email editorial-team (at) simplywallst.com.</i><i>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</i></p></div></body></html>","source":"simplywall_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>Retail investors who hold 45% of WA1 Resources Ltd (ASX:WA1) gained 11%, insiders profited as well</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\">\nRetail investors who hold 45% of WA1 Resources Ltd (ASX:WA1) gained 11%, insiders profited as well\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-10 06:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/au/materials/asx-wa1/wa1-resources-shares/news/retail-investors-who-hold-45-of-wa1-resources-ltd-asxwa1-gai><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Insights  WA1 Resources' significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public   The top 11 shareholders own 50% of the ...</p>\n\n<a href=\"https://simplywall.st/stocks/au/materials/asx-wa1/wa1-resources-shares/news/retail-investors-who-hold-45-of-wa1-resources-ltd-asxwa1-gai\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://images.simplywall.st/asset/industry/2052000-choice2-main-header/1585186553865","relate_stocks":{"BK7095":"多种金属与采矿","WA1.AU":"WA1 Resources Ltd"},"source_url":"https://simplywall.st/stocks/au/materials/asx-wa1/wa1-resources-shares/news/retail-investors-who-hold-45-of-wa1-resources-ltd-asxwa1-gai","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2434002081","content_text":"Key Insights  WA1 Resources' significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public   The top 11 shareholders own 50% of the company    Insider ownership in WA1 Resources is 18%   If you want to know who really controls WA1 Resources Ltd (ASX:WA1), then you'll have to look at the makeup of its share registry.  The group holding the most number of shares in the company, around 45% to be precise, is retail investors.   That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).  Following a 11% increase in the stock price last week, retail investors profited the most, but insiders who own 18% stock also stood to gain from the increase.      Let's take a closer look to see what the different types of shareholders can tell us about WA1 Resources.  See our latest analysis for WA1 Resources ASX:WA1 Ownership Breakdown May 9th 2024 What Does The Institutional Ownership Tell Us About WA1 Resources? Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.   We can see that WA1 Resources does have institutional investors; and they hold a good portion of the company's stock.  This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong.  If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at WA1 Resources' earnings history below. Of course, the future is what really matters. ASX:WA1 Earnings and Revenue Growth May 9th 2024  Our data indicates that hedge funds own 11% of WA1 Resources.   That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders.      The company's largest shareholder is Agrimin Limited, with ownership of 14%.       For context, the second largest shareholder holds about 11% of the shares outstanding, followed by an ownership of 5.7% by the third-largest shareholder.     Rhys Bradley, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors.       Additionally, the company's CEO Paul Savich directly holds 5.7% of the total shares outstanding.     A closer look at our ownership figures suggests that the top 11 shareholders have a combined ownership of 50% implying that no single shareholder has a majority.    Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments.   While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.  Insider Ownership Of WA1 Resources While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.  Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.  Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.   Our most recent data indicates that insiders own a reasonable proportion of WA1 Resources Ltd.   Insiders have a AU$215m stake in this AU$1.2b business.  This may suggest that the founders still own a lot of shares. You can  click here to see if they have been buying or selling.   General Public Ownership The general public-- including retail investors -- own 45% stake in the company, and hence can't easily be ignored.   This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.  Private Company Ownership It seems that Private Companies own 3.5%, of the WA1 Resources stock.   Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.   Public Company Ownership Public companies currently own 14% of WA1 Resources stock.   It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.   Next Steps: While it is well worth considering the different groups that own a company, there are other factors that are even more important.    Take risks for example - WA1 Resources has   4 warning signs  (and 2 which make us uncomfortable)  we think you should know about.     If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.  NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.Valuation is complex, but we're helping make it simple.Find out whether WA1 Resources is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":286662422348016,"gmtCreate":1711008386460,"gmtModify":1711012551711,"author":{"id":"4150506276606492","authorId":"4150506276606492","name":"AnkitJ","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4150506276606492","idStr":"4150506276606492"},"themes":[],"htmlText":"Good time to buy reditt?","listText":"Good time to buy reditt?","text":"Good time to buy reditt?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286662422348016","repostId":"2421623270","repostType":2,"repost":{"id":"2421623270","kind":"news","pubTimestamp":1711007375,"share":"https://ttm.financial/m/news/2421623270?lang=&edition=fundamental","pubTime":"2024-03-21 15:49","market":"us","language":"en","title":"Reddit to make stock market debut today, prices IPO at $34/ share","url":"https://stock-news.laohu8.com/highlight/detail?id=2421623270","media":"Business Standard","summary":"Reddit to make stock market debut today, prices IPO at $34/ share","content":"<div>\n<p>Reddit to make stock market debut today, prices IPO at $34/ share</p>\n\n<a href=\"https://news.google.com/rss/articles/CBMigAFodHRwczovL3d3dy5idXNpbmVzcy1zdGFuZGFyZC5jb20vbWFya2V0cy9pcG8vcmVkZGl0LXRvLW1ha2Utc3RvY2stbWFya2V0LWRlYnV0LXRvZGF5LXByaWNlcy1pcG8tYXQtMzQtc2hhcmUtMTI0MDMyMTAwMTY5XzEuaHRtbNIBhAFodHRwczovL3d3dy5idXNpbmVzcy1zdGFuZGFyZC5jb20vYW1wL21hcmtldHMvaXBvL3JlZGRpdC10by1tYWtlLXN0b2NrLW1hcmtldC1kZWJ1dC10b2RheS1wcmljZXMtaXBvLWF0LTM0LXNoYXJlLTEyNDAzMjEwMDE2OV8xLmh0bWw?oc=5\">Web Link</a>\n\n</div>\n","source":"redbox_crawler","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>Reddit to make stock market debut today, prices IPO at $34/ share</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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