Here We Stand
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$Sea (SE.US)$ You can buy a rebound around 205 to make up for the pain.
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Here We Stand
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Here We Stand
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$Block (SQ.US)$The trend should go even lower.
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$Apple (AAPL.US)$ - stock hitting all time. Lot of calls coming in for the Feb $200 strike. Calls above $175
$Roblox (RBLX.US)$ - stock breaking trendline resistance at $125 after hour. Calls above $126.5
$PayPal (PYPL.US)$ - stock making a move at the end of the day. Getting some call coming in. calls above $200
$Snowflake (SNOW.US)$ - Stock forming double bottom on daily charts. Calls above $372
$Roku Inc (ROKU.US)$ - Roku shares are trading higher following reports suggesting the company and Google have agreed on a multiyear deal extension for Google's YouTube. Calls above $260
$Roblox (RBLX.US)$ - stock breaking trendline resistance at $125 after hour. Calls above $126.5
$PayPal (PYPL.US)$ - stock making a move at the end of the day. Getting some call coming in. calls above $200
$Snowflake (SNOW.US)$ - Stock forming double bottom on daily charts. Calls above $372
$Roku Inc (ROKU.US)$ - Roku shares are trading higher following reports suggesting the company and Google have agreed on a multiyear deal extension for Google's YouTube. Calls above $260
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$PayPal (PYPL.US)$ looks like it is reaching its support level
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$Salesforce (CRM.US)$ A few years ago, a certain company started to force grassroots to use Salesforce, mainly due to internal management needs rather than considering improving business performance. The result is that internal grassroots employees waste a lot of time inputting "garbage" information on Salesforce to deal with the upper management, and no one cares about how many potential customers are converted into real customers. The Dow Jones Industrial Average's inclusion of CRM lacks foresight, for a truly good company. $NVIDIA (NVDA.US)$ $Advanced Micro Devices (AMD.US)$but it is not included.
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Here We Stand
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$Altimeter Growth Corp (AGC.US)$
Southeast Asia's ride-hailing giant Grab set to merge with U.S. firm Altimeter Growth. According to the Forbes, The transaction—which will be the world’s largest SPAC deal—will give Grab a valuation of $40 billion.
SoftBank-backed Grab, founded in 2012, is a Southeast Asia's leading superapp based on GMV in 2020 in each of food deliveries, mobility and the e-wallets segment of financial services, according to Euromonitor.
According to Form F-4, an extraordinary general meeting will be held on November 30, 2021 to consider and vote upon the business combination proposal.
Grab generated revenue of $78 million and $396 million in the six months ended June 30, 2020 and June 30, 2021, respectively, representing a year-over-year growth rate of 406%. Its revenue was $(845) million and $469 million in 2019 and 2020, respectively, representing a year-over-year growth rate of 155%. According to Grab's final Form F-4, its revenue growth in 2020 and the six months ended June 30, 2021 was driven by an increase in GMV. Its GMV was $5.9 billion and $7.5 billion in the six months ended June 30, 2020 and 2021, representing a YoY growth rate of 28%.
Upon completion of its merger, the SoftBank-backed company will trade on the Nasdaq under ticker symbol GRAB. Grab will receive about $4.5 billion in cash, which includes $4 billion in a private investment in public equity arrangement.
The SEC gave the green light to the proposed merger between AGC and Grab. With an Extraordinary General Meeting of AGC shareholders to approve the merger coming up on Tuesday (Nov 30)
AGC SPAC: Sponsored by institution with notable VC investmentsAltimeter Growth Corp.(AGC.US) is a newly formed blank check company, an affiliate of Altimeter Capital Management which is a technology-focused investment firm. Altimeter Capital has a proven track record of successfully investing in leading technology companies in both the private and public markets. According to its Form F-4,some of its prior investments include Expedia, Zillow, Facebook, Uber, AirBnB, ByteDance, AppDynamics, MongoDB, Okta, Twilio, Unity, and Snowflake.
Through the business combination, Grab could leverage Altimeter Capital’s investment team's capabilities, relationships, network, and deal pipeline to support it in the identification and diligence of potential targets.
This couldn’t come at a more opportune time for Grab. Enthusiasm for SPAC mergers is recovering at the moment, and tech stocks in particular remain hot.
While some investors might still be wary of highly valued growth stocks, Grab presents a good option for those seeking exposure to Southeast Asia tech markets. Investors seeking alternatives to mainland Chinese stocks amid the ongoing tech clampdown there might also look towards Grab favourably.
The twentyfold stock price appreciation of e-commerce giant Sea Limited since its IPO in 2017, has also affirmed the potential of the under-represented Southeast Asia market. Grab is the next big tech unicorn from this region, and it might benefit from these supportive trends.
https://www.moomoo.com/community/feed/107359430246405?lang_code=2
https://www.channelnewsasia.com/commentary/grab-ipo-listing-spac-agc-merger-stock-valuation-sgx-gig-economy-app-tech-2345096?cid=FBcna&fbclid=IwAR0Qj7-sn6aRhfpHF_bJcjTBOhq5Fk-SGUKaxfURDEztjPSQEmRbXIR3niU
$Meta Platforms (FB.US)$
$Netflix (NFLX.US)$
$Twitter (Delisted) (TWTR.US)$
$Amazon (AMZN.US)$
$Advanced Micro Devices (AMD.US)$
$NVIDIA (NVDA.US)$
$Tesla (TSLA.US)$
$Sea (SE.US)$
$Futu Holdings Ltd (FUTU.US)$
$Moderna (MRNA.US)$
$Uber Technologies (UBER.US)$
$Salesforce (CRM.US)$
$iSpecimen (ISPC.US)$
Southeast Asia's ride-hailing giant Grab set to merge with U.S. firm Altimeter Growth. According to the Forbes, The transaction—which will be the world’s largest SPAC deal—will give Grab a valuation of $40 billion.
SoftBank-backed Grab, founded in 2012, is a Southeast Asia's leading superapp based on GMV in 2020 in each of food deliveries, mobility and the e-wallets segment of financial services, according to Euromonitor.
According to Form F-4, an extraordinary general meeting will be held on November 30, 2021 to consider and vote upon the business combination proposal.
Grab generated revenue of $78 million and $396 million in the six months ended June 30, 2020 and June 30, 2021, respectively, representing a year-over-year growth rate of 406%. Its revenue was $(845) million and $469 million in 2019 and 2020, respectively, representing a year-over-year growth rate of 155%. According to Grab's final Form F-4, its revenue growth in 2020 and the six months ended June 30, 2021 was driven by an increase in GMV. Its GMV was $5.9 billion and $7.5 billion in the six months ended June 30, 2020 and 2021, representing a YoY growth rate of 28%.
Upon completion of its merger, the SoftBank-backed company will trade on the Nasdaq under ticker symbol GRAB. Grab will receive about $4.5 billion in cash, which includes $4 billion in a private investment in public equity arrangement.
The SEC gave the green light to the proposed merger between AGC and Grab. With an Extraordinary General Meeting of AGC shareholders to approve the merger coming up on Tuesday (Nov 30)
AGC SPAC: Sponsored by institution with notable VC investmentsAltimeter Growth Corp.(AGC.US) is a newly formed blank check company, an affiliate of Altimeter Capital Management which is a technology-focused investment firm. Altimeter Capital has a proven track record of successfully investing in leading technology companies in both the private and public markets. According to its Form F-4,some of its prior investments include Expedia, Zillow, Facebook, Uber, AirBnB, ByteDance, AppDynamics, MongoDB, Okta, Twilio, Unity, and Snowflake.
Through the business combination, Grab could leverage Altimeter Capital’s investment team's capabilities, relationships, network, and deal pipeline to support it in the identification and diligence of potential targets.
This couldn’t come at a more opportune time for Grab. Enthusiasm for SPAC mergers is recovering at the moment, and tech stocks in particular remain hot.
While some investors might still be wary of highly valued growth stocks, Grab presents a good option for those seeking exposure to Southeast Asia tech markets. Investors seeking alternatives to mainland Chinese stocks amid the ongoing tech clampdown there might also look towards Grab favourably.
The twentyfold stock price appreciation of e-commerce giant Sea Limited since its IPO in 2017, has also affirmed the potential of the under-represented Southeast Asia market. Grab is the next big tech unicorn from this region, and it might benefit from these supportive trends.
https://www.moomoo.com/community/feed/107359430246405?lang_code=2
https://www.channelnewsasia.com/commentary/grab-ipo-listing-spac-agc-merger-stock-valuation-sgx-gig-economy-app-tech-2345096?cid=FBcna&fbclid=IwAR0Qj7-sn6aRhfpHF_bJcjTBOhq5Fk-SGUKaxfURDEztjPSQEmRbXIR3niU
$Meta Platforms (FB.US)$
$Netflix (NFLX.US)$
$Twitter (Delisted) (TWTR.US)$
$Amazon (AMZN.US)$
$Advanced Micro Devices (AMD.US)$
$NVIDIA (NVDA.US)$
$Tesla (TSLA.US)$
$Sea (SE.US)$
$Futu Holdings Ltd (FUTU.US)$
$Moderna (MRNA.US)$
$Uber Technologies (UBER.US)$
$Salesforce (CRM.US)$
$iSpecimen (ISPC.US)$
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$NVIDIA (NVDA.US)$ $Apple (AAPL.US)$ $Amazon (AMZN.US)$ $Microsoft (MSFT.US)$ $Meta Platforms (FB.US)$
Big difference now vs 1918 pandemic is we now have alot more aid from technology, which the world and our everyday lives now heavily depend on.
Big tech will continue to grow as it's the present and the future.
Big difference now vs 1918 pandemic is we now have alot more aid from technology, which the world and our everyday lives now heavily depend on.
Big tech will continue to grow as it's the present and the future.
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Here We Stand
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$Disney (DIS.US)$ what is the plan for disney…. why is it going all the way down?
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