hgar
commented on
$Lufax (LU.US)$ has lit shareholder's money on fire. -94.55% in a measly 3 years. earnings down to 1/10th, dividend cut to 1/10th, and now they stick shareholders with a more than 5% fee for an adr ratio change instead of doing anything to keep the share price from plummeting below $ 1.
instead they'll spend $ 100m buying overpriced assets from ping ans other fintech, assets that no one can actually tell if they will do anything positive for the company.
all the positive catalysts people keep usi...
instead they'll spend $ 100m buying overpriced assets from ping ans other fintech, assets that no one can actually tell if they will do anything positive for the company.
all the positive catalysts people keep usi...
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hgar
liked and commented on
$Lufax (LU.US)$ why do the board not consider to buy back the share? for the benefit of share holder, since there is so much cash reserve.
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hgar
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$Alibaba (BABA.US)$
Historical data from when Moody's downgrade China (red lines). Slight drop then rally. Just sharing historical data.
Historical data from when Moody's downgrade China (red lines). Slight drop then rally. Just sharing historical data.
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$Hang Seng Index (800000.HK)$ if you bought an HSI etf in july 1997 and held until now, you'd be sitting on a slight loss. impressive
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hgar
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hgar
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Columns Billionaire Minimum Income Tax: How much does America's 10 richest people owe under the new rule?
On Monday, Biden proposed a new tax rule calling American households with over $100 million to pay at least 20% on all of their income, including unrealized investment income without being taxed yet.
According to the White House, "Billionaire Minimum Income Tax" is part of President Joe Biden's fiscal year 2023 budget proposal, and the new tax rule aim to make the tax code fairer and reduce the defic...
According to the White House, "Billionaire Minimum Income Tax" is part of President Joe Biden's fiscal year 2023 budget proposal, and the new tax rule aim to make the tax code fairer and reduce the defic...
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hgar
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According to this article (https://www.marketplace.org/2021/08/04/what-freight-rail-tells-us-about-the-economy/), Warren Buffett was once being asked which economic indicator he would choose if he were stranded on a desert island, and with access to only one set of economic statistics (e.g. consumer confidence, inflation, unemployment, etc.), and he picked freight rail traffic. The reason is that when rail is doing well, it usually means the eco...
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Hello Mooers, welcome back! ![]()
In today small talk, we will discuss about some stocks which is currently undervalue in Q1 2022.![]()
Last week,![]()
we see several stocks such as $NIO Inc (NIO.US)$ , $Alphabet-A (GOOGL.US)$ rising at least 9%. We even see $Snap Inc (SNAP.US)$ did a spectacular reversal by rising more than 50% on 4 Feb 2022. However, one of the Metaverse stock, $Meta Platforms (FB.US)$ , was down by more than 25% due to a decline in monthly active use...
In today small talk, we will discuss about some stocks which is currently undervalue in Q1 2022.
Last week,
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hgar
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Ark Invest's Cathie Wood is taking another stab at investing in "disruptive innovation," this time through a new fund that will target illiquid securities including those of private companies.
According to the SEC filing, The ARK Venture Fund does not currently intend to list its shares for trading on any securities exchange and does not expect any secondary market to develop for its Shares.
To provide some liquidity to Shareholders, the Fu...
According to the SEC filing, The ARK Venture Fund does not currently intend to list its shares for trading on any securities exchange and does not expect any secondary market to develop for its Shares.
To provide some liquidity to Shareholders, the Fu...
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hgar OP 71875619 : in a past er they've mentioned letting go of salespeople in areas of the country that underperformed as part of their shift to higher quality loans in more economically resilient regions and to cut costs. they had upwards of 90,000 employees in 2021 and 71,000 now
hgar OP 71875619 : the point isn't that reducing employee count is a bad thing, but rather that their earnings have gone down significantly even with aggressive cost-cutting measures by firing thousands of employees, reducing salaries and reducing interest payments by paying off debt early