The Shrewd Investor Club, 1987 Mapletree Anson, Muang Chiang Mai (2024)

10/01/2022

If 2021 is any indication, 2022 could be a banner year for the IPO market.

By the end of the third quarter last year, 1,635 companies had gone public around the world, a number that’s higher than the year-end totals of 2018, 2019, and 2020—and one that’s certain to top 2017 by December 31. Favorable market conditions have spurred many companies to make the jump.

After a big year for IPOs, these are the ones to watch in 2022, from Instacart to Stripe.

28/09/2021

Rivian, the electric vehicle startup that’s gearing up for an initial public offering, continues its trend of growing fast. The company will be opening in Plymouth, Michigan a service support operations facility for vehicle owners — and just in time, as deliveries of the launch edition of the R1T pickup are expected to commence late this month.

Rivian, the electric vehicle startup that’s gearing up for an initial public offering, continues its trend of growing fast. The company will be opening a service support operations facility for vehicle owners in Plymouth, Michigan — and just in time, as deliveries of the launch edition of the…

23/04/2021

Stocks on Wall Street tumbled on Thursday as investors reacted to reports that the Biden administration was weighing new tax increases on wealthy investors to fund its spending plans.

LiveUpdated April 23, 2021, 12:23 a.m. ETApril 23, 2021, 12:23 a.m. ETStocks Fall After News of Biden Tax Plan: Live UpdatesRIGHT NOWABC sells out ad space for the Oscars, even as fewer people are expected to watch. S&P 500 - % Dow - % Nasdaq - % As of Data delayed at least 15 minutes Source: Factse...

07/04/2021

Investment banks Goldman Sachs, JPMorgan, Deutsche Bank and Mizuho have initiated coverage on South Korean firm Coupang, which made its stock market debut in New York last month.

The e-commerce company surged 40% in its first day of trading after raising $4.55 billion at $35 per share. Coupang was the largest initial public offering in the U.S. so far this year and one of the top 25 biggest listings of all time stateside, by deal size.

Coupang shares surged 40% in its market debut after raising $4.55 billion at $35 per share but it is down more than 5% as of Tuesday's close.

10/03/2021

Roblox was supposed to go public in 2020. Then the explosive trading debuts of Airbnb and Doordash forced it to rethink those plans.

If Roblox had proceeded with its original IPO plan, it could have left serious money on the table, just like Airbnb and Doordash did. And since the main point of an IPO is to raise capital -- not help institutional investors make a quick buck -- there might be a better way to do it.

Roblox stock is well-positioned to grow over the next few years.

15/02/2021

South Korean e-commerce giant Coupang, backed by SoftBank Group, filed for an initial public offering on Friday, revealing rapid revenue growth and narrowing losses as it gears up for a stock market debut in the United States.

In its filing, Coupang said 2020 total revenue jumped 91% to $11.97 billion from a year earlier, and net loss narrowed to $474.9 million from $698.8 million in the same period.

Coupang is looking to cash in on investor appetite for high-growth tech stocks, at a time when the U.S. IPO market is at its strongest in more than two decades.

04/02/2021

he path towards much higher gold prices is primarily a function of a declining U.S. dollar, but the Federal Reserve is stuck in a hard place right now, said Dan Oliver, founder of Myrmikan Capital. On one hand, low interest rates are accommodative for gold, but if the Fed keeps low for too long, inflation will run out of control. On the other hand, if the Fed raises rates in response to higher inflation, the financial system may just “blow” up, Oliver said.

Gold price to $10k will not be straight path, this is what’s needed – Dan Oliver

27/01/2021

GUANGZHOU, China — Ant Group’s initial public offering (IPO) could resume if the company resolves its issues, China’s central bank governor hinted on Tuesday.

The Ant Group IPO, which would have been the biggest in history, was pulled by regulators just days before it was due to begin trading in Shanghai and Hong Kong in November.

Ant Group's IPO, which would have been record setting, was pulled by regulators days before it was due to begin trading in Shanghai and Hong Kong in November.

20/01/2021

The US stock market has been on a tear. The Dow, S&P 500 and Nasdaq ended 2020 near all-time highs — and the indexes have kept on climbing into the new year.

For investors who got in before the latest boom, that has resulted in some pretty healthy gains. The Dow (INDU) jumped about 1,784 points, or 6.1%, between January 15, 2020 and January 15, 2021. The S&P 500 (SPX) rose nearly 14.6%, and the Nasdaq (COMP) 40.4% during that time.

The US stock market has been on a tear. The Dow, S&P 500 and Nasdaq ended 2020 near all-time highs — and the indexes have kept on climbing into the new year.

19/01/2021

With production of Rivian’s first saleable units less than six months away and the startup EV maker pivoting to becoming a revenue-generating enterprise, CEO RJ Scaringe has recruited an industry outsider as CFO, Claire McDonough, from J.P. Morgan.

With production of Rivian’s first saleable units less than six months away and the startup EV maker pivoting to becoming a revenue-generating enterprise, CEO RJ Scaringe has recruited an industry outsider as CFO, Claire McDonough, from J.P. Morgan. Ryan Green, Rivian’s CFO since 2018, will stay ...

11/01/2021

Cryptocurrency exchange titan Coinbase is preparing to make its stock market debut. The excitement surrounding bitcoin's torrid price gains is likely to boost demand for Coinbase's stock among investors.

This IPO stock could help you cash in on bitcoin's rising popularity.

04/01/2021

The $150 billion raised by IPOs in 2020 was the best since the dot-com boom era. Data from PricewaterhouseCoopers shows companies raised money through 183 traditional IPOs and over 240 S**Cs in 2020.

Here is a look at 10 companies expected to IPO in 2021.

The $150 billion raised by IPOs in 2020 was the best since the dot-com boom era. Data from PricewaterhouseCoopers shows companies raised money through 183 traditional IPOs and over 240 S**Cs in 2020.Here is a look at 10 companies expected to IPO in 2021.Affirm: Fintech company Affirm (NASDAQ: AFRM)....

16/12/2020

IPOs and S**Cs have a big year ahead.

After a banner 2020, with billions of dollars flowing into the expanding IPO market and the up-and-coming special purpose acquisition vehicle space, 2021 is shaping up to be just as strong for both groups, two top market analysts told CNBC’s “ETF Edge” on Monday.

The year ahead will see a spate of public market newcomers, possibly including SpaceX, Waymo and Instacart, says Renaissance Capital's Kathleen Smith.

11/12/2020

In the first half of this year, with its business decimated by the pandemic, Airbnb cut a quarter of its workforce and reportedly slashed its valuation as part of a deal to secure more financing.

Now, following a remarkable comeback, the home-sharing company is soaring in its long-awaited Wall Street debut just as the pandemic worsens and once again throws the state of the travel industry into question.

In the first half of this year, with its business decimated by the pandemic, Airbnb cut a quarter of its workforce and reportedly slashed its valuation as part of a deal to secure more financing.

10/12/2020

Airbnb has a chance to post substantial growth next year and the stock is worth buying when the company makes its long-awaited debut to the market Thursday, CNBC’s Jim Cramer said Tuesday.

Investors can afford to be patient, however, as the vacation home rental company continues to face pandemic headwinds, he said.

"If you can get the stock for $68 or less this week, I'd back up the truck," Cramer said ahead of Airbnb's highly anticipated public offering.

08/12/2020

Canadian electric truck and bus manufacturer The Lion Electric Company said Monday it plans to become a publicly traded company via a merger with special purpose acquisition company Northern Genesis Acquisition Corp.

The combined company, which will be listed on the New York Stock Exchange, will have a valuation of $1.9 billion. The companies raised $200 million in private investment in public equity, or PIPE, and hold about $320 million in cash proceeds.

Canadian electric truck and bus manufacturer The Lion Electric Company said Monday it plans to become a publicly traded company via a merger with special purpose acquisition company Northern Genesis Acquisition Corp. The combined company, which will be listed on the New York Stock Exchange, will ha....

02/12/2020

All you needed to do for the past few years to enjoy solid gains in the stock market was buy an S&P 500 or Nasdaq 100 index fund. That provided exposure to market darlings like the FAANG quintet of Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX) and Google owner Alphabet (GOOGL) as well as Microsoft (MSFT).

Who says investing is hard? The FAANGs have boomed thanks to strong gains in revenue, market share and earnings over the past few years -- despite the Covid-19 pandemic and regulatory/antitrust concerns. But that might be finally about to change.

24/11/2020

Airbnb is in the challenging position of preparing to go public amid a slump in revenue. But relative to the rest of the travel industry, the company is thriving.

In its IPO prospectus on Monday, Airbnb said that third-quarter revenue dropped 18% to $1.3 billion. Compare that to food delivery company DoorDash, which said in its filing on Friday that sales in the latest quarter more than tripled. Among the year’s hottest IPOs to date, software maker Snowflake’s revenue more than doubled in the quarter before it went public, while gaming company Unity grew 43%.

While Airbnb's revenue is down 18% from a year ago, the company looks to be rebounding from the pandemic more quickly than online travel agencies and hotels.

18/11/2020

NIO Inc is a Tesla Inc competitor and Chinese electric vehicle (EV) start-up. It launched on the New York Stock Exchange in November 2018 with an underwhelming initial public offering (IPO). Fast forward to today and its share price has risen an outstanding 567%.

NIO Inc (NYSE:NIO) NIO Inc is a Tesla Inc (NASDAQ: TSLA) competitor and Chinese electric vehicle (EV) start-up. It launched on the New York Stock Exchange in November 2018 with an underwhelming initial public offering (IPO). Fast forward to today and its share price has risen an outstanding 567%.

16/11/2020

Sales of new energy vehicles (NEVs), which includes electric cars, surged 105% to 160,000, their fourth consecutive month of gains, according to China Association of Automobile Manufacturers (CAAM) data reported by Reuters on Wednesday.

That far outpaced overall China auto sales, which saw a 12.5% gain in October to 2.57 million vehicles.

Electric cars again outpaced traditional vehicles as China auto sales continued their pandemic rebound in October. Tesla stock rose.

12/11/2020

The favorable news Monday from Pfizer (ticker: PFE) on its Covid-19 vaccine has ignited global stock markets and investors may want to watch for these potential trends in coming days and weeks.

With the outlook improving for the global economy, value stocks may best growth stocks; small stocks top larger ones; non-U.S. stocks may outperform U.S. equities; global rates may continue to rise and gold may lose more luster.

Some trends to watch with the outlook improving for the global economy: value stocks may best growth stocks, small stocks could top larger ones, and non-U.S. stocks may outperform U.S. equities.

11/11/2020

You’d be excused for having missed major Chinese tech news that broke last week on U.S. Election Day: Ant Group, two days before what would have been the biggest IPO in history, had its Shanghai listing suspended by Chinese regulators. Ant in response also suspended the Hong Kong half of its dual listing.

The crux of Ant’s problem: the Chinese government sees it as a bank, because it does micro-lending, and wants to regulate it as a bank.

02/11/2020

Dow Jones futures rose modestly Sunday night, along with S&P 500 futures and Nasdaq futures. The stock market suffered a decisive break last week, with coronavirus cases soaring and lockdowns increasing, the presidential election looming and key earnings reports from the likes of Apple stock, Shopify (SHOP), Microsoft (MSFT) and Amazon (AMZN) failing to satisfy Wall Street.

Dow Jones futures: After a major market sell-off amid coronavirus and election uncertainty, be defensive, build up watchlists and look for this signal.

26/10/2020

When Ant Group prices its IPO in Shanghai and Hong Kong this week, it could set a new world record for a stock market listing. But it will also ram home a much bigger point.
What's happening: In finance and tech, China's clout is growing just as its economy recovers from the pandemic in better shape than other big players.
Ant is the crown jewel of Jack Ma's tech empire, best known for its Alipay app that has more than 730 million monthly active users. On Tuesday, it's expected to announce that it will surpass the $29.4 billion Saudi Aramco's float raised last December by selling shares both in Hong Kong and on Shanghai's Star Market, China's answer to the Nasdaq.

When Ant Group prices its IPO in Shanghai and Hong Kong this week, it could set a new world record for a stock market listing. But it will also ram home a much bigger point.

22/10/2020

The total Chinese EV market is going to rapidly grow in the coming years due to secular trends and government support. By 2025, the Chinese government is targeting that 25% of car sales will be EVs as part of its plan to reduce pollution. It’s pursuing this target through a combination of subsidies, tax credits, investment, and quotas.

Tesla (TSLA) is currently the leading EV seller in China. However, NIO (NIO) is quickly catching up, and it has rewarded shareholders with a 581% YTD gain. Now, there are two more upstarts with similar potential, Li Auto (LI) and XPeng (XPEV). Learn more about these companies, and why you should con...

19/10/2020

It's been a busy year for electric vehicle (EV) IPOs despite the fact that many EV stocks haven't actually been using them!

Instead of an IPO -- initial public offering -- many electric carmakers are opting to use another process entirely to make their stock market debuts. The "reverse merger" was used instead of an IPO by electric truck maker Nikola (NASDAQ:NKLA) and electric drivetrain manufacturer Hyliion, among many others.

Although they're actually "reverse mergers," these are the top upcoming stock market debuts in the industry.

12/10/2020

They say that time travels are impossible. But we just went back to the 1960s! At least in the field of the monetary policy. And all because of a new Fed’s framework. So, please fasten your seat belts and come with me into the past and present of monetary policy – to determine the future of gold!

Please fasten your seat belts and come with me into the past and present of monetary policy – to determine the future of gold!

01/10/2020

U.S. stocks climbed in volatile trading on Wednesday amid rising hopes for further coronavirus stimulus, but major averages still posted their first down month since March.

U.S. stocks climbed on Wednesday amid rising hopes for further fiscal stimulus.

21/09/2020

It’s been a rollercoaster year for Airbnb and its much-anticipated plans for an initial public offering or IPO. The home sharing platform had planned to file back in March to go public but then coronavirus hit and its revenue nose-dived.

Like the entire tourism industry, the coronavirus pandemic has had an enormous effect on Airbnb's finances.

The Shrewd Investor Club