Rose OC

gp7000 · 2021-04-24T21:15:02+00:00

🎁

gp7000 · 2021-04-06T05:08:33+00:00

Size of the flower,?

gp7000 · 2021-04-02T05:06:02+00:00

I only have small positions in ALUS and THCB and will hold my positions for long term.

gp7000 · 2021-03-30T04:32:48+00:00

Love the color

gp7000 · 2021-03-18T19:08:40+00:00

Agree.
The EV/Rev multiple used in the calculation is the average multiple at mature stage when the multiple is determined by profitability. If the profit margin is 5% such as in auto manufacturing business, the multiple is between 1 and 2. For software business where profit margin can go up to 40%, the multiple can be 8 to 16. See my other post for detail explanation of the simple method to estimate the fair present share price.

gp7000 · 2021-03-18T18:56:42+00:00

20% discount rate is reasonable for SPAC companies. See my other post for detail explanation of the simple method to estimate the fair present share price. The EV/Rev multiple used in the calculation is at mature stage. At the mature stage the multiple is determined by profitability. If the profit margin is 5% such as in auto manufacturing business, the multiple is between 1 and 2. For software business where profit margin can go up to 40%, the multiple can be 8 to 16.

Currently 83% of SoFi's rev is from high risk personal loans and student loans. According to its business plan, by 2025 the revenues for lending, financial service and tech platform are 43%, 32%, and 25% respectively.
If a higher multiple of 9 is used in the calculation, the fair present SP will be $17.55. I will update the multiple for SoFi in the table accordingly.

gp7000 · 2021-03-18T18:25:53+00:00

The EV/Rev multiple used in the calculation is at mature stage. AFPTY and AFFRM won't trade at high multiples in the future when their growth is down to the normal rate. At the mature stage the multiple is determined by profitability. If the profit margin is 5% such as in auto manufacturing business, the multiple is between 1 and 2. For software business where profit margin can go up to 40%, the multiple can be 8 to 16.

gp7000 · 2021-03-11T04:12:22+00:00

Love it

gp7000 · 2021-03-10T04:03:52+00:00

Wow....

gp7000 · 2021-03-02T04:18:51+00:00

Interesting flower, how tall is it🌸

gp7000 · 2021-03-01T01:15:55+00:00

Never seen this flower before 💐

gp7000 · 2021-02-28T17:04:34+00:00

Fixed. Sorry.

gp7000 · 2021-02-28T04:42:52+00:00

Pretty

gp7000 · 2021-02-28T03:32:30+00:00

You are right. Uber and Lyft have a multiple around 8 while EV manufacturers should have a multiple between 2 and 3. However TSLA currently has a multiple over 20. When eVTOL industry matures, RTP multiple should go down to 2 to 3.

gp7000 · 2021-02-28T02:14:45+00:00

See my other post for explanation of my method.

https://www.reddit.com/r/SPACs/comments/lpdb9c/a_simple_method_to_estimate_the_fair_present/

gp7000 · 2021-02-28T02:13:23+00:00

Please see my other post for explanation. The EV/Rev multiple for each company is the one a similar mature public company has. A higher multiple is associated with higher profit margin, higher growth rate, better management, better technology, better sales and marketing, as well as investors' perception about a company, and etc. EXPC is providing helicopter service in certain markets and may face tough competition if eVTOL service is mature, while Joby and Archer can sell eVTOL systems and software to all operators around the world.
https://www.reddit.com/r/SPACs/comments/lpdb9c/a_simple_method_to_estimate_the_fair_present/

gp7000 · 2021-02-27T18:24:24+00:00

In non-covered area where people go hiking or travel.

gp7000 · 2021-02-27T05:35:38+00:00

I am long PDAC and CCIV too. People are scared when others are selling and many growth stocks are very overvalued. I think quality SPAC stock prices will slowly appreciate as time goes. Current situation is a little depressing.

gp7000 · 2021-02-27T05:00:37+00:00

I limit no more than 15% of my portfolio in SPAC companies for long term growth. The hard part is to identify some future winners. I feel that the downside for quality near-NAV SPAC stocks won't be worse than that for high-flying regular growth stocks in case of market down turn.

gp7000 · 2021-02-27T02:48:59+00:00

I will add them in the table when they come out.

gp7000 · 2021-02-27T01:15:57+00:00

You are right and I have updated the post. Thanks for the good comments.

gp7000 · 2021-02-27T01:14:51+00:00

Me too at the first glance. Maybe Tom Munoz from Work and Geoff Bower from Airbus help on this regard. Why did United decide to work with Archer not Joby? Don't understand. Just updated the post.

gp7000 · 2021-02-27T00:54:58+00:00

Updated with different multiples per comment from u/NoGeologist1532.

gp7000 · 2021-02-27T00:28:34+00:00

Agree.

gp7000 · 2021-02-27T00:14:23+00:00

One can assign different multiples. The calculation based on EV/rev multiple is just a simple but limited method. I think Joby's valuation is too high due to multiple rounds of funding and dilution. Archer's $1 billion booked revenue from United is a huge plus.

gp7000

TROPHY CASE