Joycelah
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$So-young International (SY.US)$
This stock, which at the end of June had $350 million in cash and almost zero debt, now has a market cap of $500 million, minus $150 million in cash. Divide by 110 million shares, that's $1.36 per share excluding cash, and earnings last quarter were 8 cents. You don't have to be precise, the market is giving you a p/E of about 5. With such high growth, do you think it's an affordable risk? Of course, you could say that the cash would later be used to settle disputes, winding-up, etc. That's probably what the market thinks. I wanted to see if there was a chance that the market would value it below cash and post it as a classic cigar butt. Maybe not now. A dollar is a dollar. Quarterly reports are coming out on Friday.
This stock, which at the end of June had $350 million in cash and almost zero debt, now has a market cap of $500 million, minus $150 million in cash. Divide by 110 million shares, that's $1.36 per share excluding cash, and earnings last quarter were 8 cents. You don't have to be precise, the market is giving you a p/E of about 5. With such high growth, do you think it's an affordable risk? Of course, you could say that the cash would later be used to settle disputes, winding-up, etc. That's probably what the market thinks. I wanted to see if there was a chance that the market would value it below cash and post it as a classic cigar butt. Maybe not now. A dollar is a dollar. Quarterly reports are coming out on Friday.
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Joycelah
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$UP Fintech (TIGR.US)$ The tiger is on the rise
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Joycelah
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$UP Fintech (TIGR.US)$ who is hold from $28?
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Joycelah
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$UP Fintech (TIGR.US)$ $Futu Holdings Ltd (FUTU.US)$
Been searching online to find the reasons for the recent down trend for tigr and futu. So far, there is hardly any negative about both companies. Issues like global pandemic, inflation, crude oil prices, china's energy crisis and Evergrande are among the factors adversely impacted the market in general, especially those China stocks. I feel that both companies are fundamentally strong with bright future. However, there are also some in the community who prefer to short trade by selling high and attempt to buy back low by driving down the sentiments, by creating unsubstantiated comments that the prices will collapse. This fear will surely cause panic selling and eventually bringing down the price.
Been searching online to find the reasons for the recent down trend for tigr and futu. So far, there is hardly any negative about both companies. Issues like global pandemic, inflation, crude oil prices, china's energy crisis and Evergrande are among the factors adversely impacted the market in general, especially those China stocks. I feel that both companies are fundamentally strong with bright future. However, there are also some in the community who prefer to short trade by selling high and attempt to buy back low by driving down the sentiments, by creating unsubstantiated comments that the prices will collapse. This fear will surely cause panic selling and eventually bringing down the price.
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Joycelah
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$UP Fintech (TIGR.US)$ don't sell until back to 28!!
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$So-young International (SY.US)$ Grow up quickly.
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Joycelah
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$UP Fintech (TIGR.US)$ Hold for the long term, firmly believe it will reach 30.
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Joycelah
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Joycelah : It's too esoteric, does it mean the current price is higher or lower?