不懂哥93的个人主页 - 老虎社区

不懂哥93

不懂哥93

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2021-08-14

cool

Tesla Inc Says Technoking Of Tesla And CEO, Elon Musk's 2020 Total Compensation Was Nil Versus $23,760 In 2019 - SEC Filing

2021-08-10

$Tiger Brokers(TIGR)$加油加油💪

2021-08-06

$Tiger Brokers(TIGR)$六六六

2021-07-28

$Tiger Brokers(TIGR)$快高长大哦，没想到掉到$13++ 但是也好过没有快点上高高

2021-07-12

$Tuya Inc.(TUYA)$好累

2021-07-01

哈哈哈😆

2021-06-30

$Sundial Growers Inc.(SNDL)$在吃草

2021-06-22

$涂鸦智能(TUYA)$几时才会上回来呀

2021-06-14

教主忐忑

抱歉，原内容已删除

2021-06-14

厉害

Novavax Soars As Its COVID-19 Vaccine Is Found 90% Effective, To Seek FDA OK

2021-06-12

$Tuya Inc.(TUYA)$奇迹还会出现吗？🤣

2021-06-10

$Digital Brands Group, Inc.(DBGI)$[Cry] [Cry]

2021-06-09

$Tuya Inc.(TUYA)$继续加油我等你起来等很久了

2021-06-08

[财迷] [财迷]

新股前瞻|妙司集团：四闯港交所IPO，净利率3%的奢侈品中间商

2021-06-07

$Digital Brands Group, Inc.(DBGI)$倒了

2021-06-03

$Sundial Growers Inc.(SNDL)$快高长大啦

2021-06-03

lol

Express shares tumble after retailer announces plan to sell 15 million shares

2021-06-03

[Miser] [Miser] [Miser]

抱歉，原内容已删除

2021-05-26

buy

Don't Wait For a Market Crash: These 2 Top Stocks Are On Sale

2021-05-26

👍

‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald

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((Reuters.Briefs@Thomsonreuters.Com;)).</tsla.o></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CGEM":"Cullinan Therapeutics","SANA":"Sana Biotechnology, Inc.","LABP":"Landos Biopharma, Inc.","LHDX":"Lucira Health, Inc.","TSS":"Total System Services","TSLA":"特斯拉"},"source_url":"https://www.trkd.thomsonreuters.com","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159721520","content_text":"Tesla Inc :Tesla Inc Says Technoking Of Tesla And Ceo, Elon Musk'S 2020 Total Compensation Was Nil Versus $23,760 In 2019 - Sec Filing.Tesla Inc Says Master Of Coin And Cfo, Zachary Kirkhorn'S 2020 Total Compensation Was $46.6 Million Versus $21.2 Million In 2019.Further Company Coverage: Tsla.O. 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Brokers(TIGR)$加油加油💪","images":[{"img":"https://static.tigerbbs.com/c46d65851a86406bc535d37535820c7b","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/898747286","isVote":1,"tweetType":1,"viewCount":1868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":893261160,"gmtCreate":1628265125050,"gmtModify":1633752094863,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>六六六","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>六六六","text":"$Tiger Brokers(TIGR)$六六六","images":[{"img":"https://static.tigerbbs.com/594fddf989b118c496ab31d0fe6fd576","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893261160","isVote":1,"tweetType":1,"viewCount":2554,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":801949863,"gmtCreate":1627480826652,"gmtModify":1633764601735,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>快高长大哦，没想到掉到$13++ 但是也好过没有 快点上高高","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>快高长大哦，没想到掉到$13++ 但是也好过没有 快点上高高","text":"$Tiger Brokers(TIGR)$快高长大哦，没想到掉到$13++ 但是也好过没有 快点上高高","images":[{"img":"https://static.tigerbbs.com/eee8f87360825b0a3be085ddfdb94ca1","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801949863","isVote":1,"tweetType":1,"viewCount":1282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":146443665,"gmtCreate":1626097760757,"gmtModify":1631885982697,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TUYA\">$Tuya Inc.(TUYA)$</a>好累","listText":"<a href=\"https://laohu8.com/S/TUYA\">$Tuya Inc.(TUYA)$</a>好累","text":"$Tuya Inc.(TUYA)$好累","images":[{"img":"https://static.tigerbbs.com/947c0fa6715a93034c2dd266cd524439","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/146443665","isVote":1,"tweetType":1,"viewCount":1703,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":158038829,"gmtCreate":1625112517461,"gmtModify":1633944647052,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"哈哈哈😆","listText":"哈哈哈😆","text":"哈哈哈😆","images":[{"img":"https://static.tigerbbs.com/9bba7d2ea9d4bb2ed4a221ee140c9c05","width":"750","height":"1238"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158038829","isVote":1,"tweetType":1,"viewCount":1479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":151336908,"gmtCreate":1625063484004,"gmtModify":1631884503227,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a 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19:25","market":"us","language":"en","title":"Novavax Soars As Its COVID-19 Vaccine Is Found 90% Effective, To Seek FDA OK","url":"https://stock-news.laohu8.com/highlight/detail?id=2143609782","media":"Investing.com","summary":"Investing.com -- Novavax (NASDAQ:NVAX) shares rose more than 10% in Monday’s premarket trading after","content":"<p>Investing.com -- Novavax (NASDAQ:NVAX) shares rose more than 10% in Monday’s premarket trading after the company said a phase-three trial had found its two-dose COVID-19 vaccine to be 90.4% effective.</p>\n<p>The trial had 29,960 participants across the U.S. and Mexico.</p>\n<p>The vaccine was found to be 100% effective in preventing moderate and severe infections and 93% effective against some variants, Novavax said. The company plans to file for approval with the Food and Drug Administration in the third quarter.</p>\n<p>Upon regulatory approvals, Novavax remains on track to reach manufacturing capacity of 100 million doses per month by the end of the third quarter and 150 million doses per month by the end of the fourth quarter of 2021, the company said in a release.</p>\n<p>Once authorized, the Novavax vaccine would join Pfizer BioNTech (NYSE:PFE) (NASDAQ:BNTX), Moderna (NASDAQ:MRNA) and Johnson&amp;Johnson (NYSE:JNJ), the three COVID-19 shots already approved for emergency use in the U.S.</p>\n<p>Barring J&amp;J’s, all are two-dose vaccines.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Novavax Soars As Its COVID-19 Vaccine Is Found 90% Effective, To Seek FDA OK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovavax Soars As Its COVID-19 Vaccine Is Found 90% Effective, To Seek FDA OK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 19:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/novavax-soars-covid-19-vaccine-063438092.html><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investing.com -- Novavax (NASDAQ:NVAX) shares rose more than 10% in Monday’s premarket trading after the company said a phase-three trial had found its two-dose COVID-19 vaccine to be 90.4% effective....</p>\n\n<a href=\"https://finance.yahoo.com/news/novavax-soars-covid-19-vaccine-063438092.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/novavax-soars-covid-19-vaccine-063438092.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2143609782","content_text":"Investing.com -- Novavax (NASDAQ:NVAX) shares rose more than 10% in Monday’s premarket trading after the company said a phase-three trial had found its two-dose COVID-19 vaccine to be 90.4% effective.\nThe trial had 29,960 participants across the U.S. and Mexico.\nThe vaccine was found to be 100% effective in preventing moderate and severe infections and 93% effective against some variants, Novavax said. 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我等你起来等很久了","images":[{"img":"https://static.tigerbbs.com/785ebd2bbdfd49dc63125a4069a5bc31","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/189358048","isVote":1,"tweetType":1,"viewCount":586,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":117559492,"gmtCreate":1623153010016,"gmtModify":1634036414187,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"[财迷]&nbsp;[财迷]&nbsp;","listText":"[财迷]&nbsp;[财迷]&nbsp;","text":"[财迷] [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117559492","repostId":"2141548162","repostType":4,"repost":{"id":"2141548162","kind":"news","pubTimestamp":1623119922,"share":"https://ttm.financial/m/news/2141548162?lang=&edition=full","pubTime":"2021-06-08 10:38","market":"hk","language":"zh","title":"新股前瞻|妙司集团：四闯港交所IPO，净利率3%的奢侈品中间商","url":"https://stock-news.laohu8.com/highlight/detail?id=2141548162","media":"智通财经","summary":"当年的7月份，香港奢侈品零售商妙司集团趁热打铁，向港交所主板递交上市申请，无奈折戟。今年6月3日，港交所再次披露妙司集团的招股书，表明公司闯关港股IPO的决心。值得关注的是，此次是妙司集团第四次向港交所发起冲击。2019年至2021年，妙司集团的毛利率分别为13.6%、13.8%、12.0%；同期的净利率分别为3.8%、2.8%、3.2%。总之，妙司集团短期难以走出净利率约3%的阴影。","content":"<p>中国人的奢侈品购买力有多强？2020年4月份，疫情之后涌起的报复性消费，让广州太古汇的爱马仕旗舰店开店日的销售额达到1900万元，刷新了中国门店单日最高记录。当年的7月份，香港奢侈品零售商妙司集团趁热打铁，向港交所主板递交上市申请，无奈折戟。</p><p>今年6月3日，港交所再次披露妙司集团的招股书，表明公司闯关港股IPO的决心。值得关注的是，此次是妙司集团第四次向港交所发起冲击。</p><p><b>净利率约3%，中间商赚差价的生意想象力有多大？</b></p><p>根据智通财经APP了解，妙司集团主要以“妙思”品牌在香港经营零售店，销售奢华及高端品牌时装相关产品。截至2021年3月末，公司在香港两个黄金购物地段，即尖沙咀及铜锣湾经营两个零售特卖场销售联网。</p><p><img src=\"https://img.zhitongcaijing.com/image/20210608/1623120236950121.png?x-oss-process=image/format,jpg/quality,Q_90\" tg-width=\"617\" tg-height=\"255\" referrerpolicy=\"no-referrer\"></p><p>根据弗若斯特沙利文报告，就2021年财政年度的收入而言，妙司集团在整体奢华及高端品牌时装相关产品行业所占市场占有率为2.1%，占独立零售商于香港提供奢华及高端品牌时装相关产品零售额的3.9%。</p><p>从商业模式上来看，妙思集团向主要来自意大利、瑞士、美国、日本及法国的供应商采购商品，这些供应商主要包括品牌拥有人及品牌拥有人的授权分销商。采购商品后再通过自身的销售网络及网上销售渠道，以自营方式向客户销售商品。从本质上来说，妙思属向上游拿货后向零售客户分销的“中间商”。</p><p>2019年至2021财政年度，妙司集团实现营收13.31亿元（港元，下同）、12.58亿元，10.81亿元；同年的利润分别为5090万元、3580万元、3410万元。营收和净利润双双下降，公司表示，“主要由于香港理工大学于2019年11月被占领及COVID-19爆发的影响。”</p><p>2020年卫生事件对奢侈品帝国的打击是前所未有的，据贝恩咨询数据，2020年奢侈品行业收缩幅度在22%至25%之间，市值蒸发约600亿欧元至700亿欧元。作为“中间商”的妙司集团自然难以幸免。2020年第一季、2020年第二季、2020年第三季及2020年第四季来自零售店的收入分别较2019年同期下降27.9%、41.6%、12.8%及13.1%。</p><p>随着卫生事件的缓解，妙司集团的运营逐步恢复，2021年第一季及（根据未经审核管理账目）截至2021年4月30日止一个月（根据未经审核管理账目）的零售店收入较2020年同期增长4.6%及76.5%。</p><p>疫情的影响暂且按下不表，但从妙司集团的净利率水平，就可看出公司处境之难。2019年至2021年，妙司集团的毛利率分别为13.6%、13.8%、12.0%；同期的净利率分别为3.8%、2.8%、3.2%。</p><p><img src=\"https://img.zhitongcaijing.com/image/20210608/1623120270104108.png?x-oss-process=image/format,jpg/quality,Q_90\" tg-width=\"623\" tg-height=\"279\" referrerpolicy=\"no-referrer\"></p><p>妙司集团这个“中间商”的生意何以如此艰难？主要是由于上下游的挤压，压缩了公司的盈利空间。</p><p>首先从上游来说，公司依赖品牌方和供应商，2019年至2021年，五大品牌产生的收入分别占总收入的44.0%、47.8%及50.4%。而与供应商保持良好的关系则是公司持续营运的基石，因此妙司集团并无议价权。2019年至2021年，公司向五大供应商采购额分别为7.14亿元、5.99亿元、5.68亿元，占采购总额的58.8%、53.2%及57.1%。公司向最大供应商的采购额分别为2.58亿元、2.44亿元及2.90亿元，占采购总额的21.2%、21.7%及29.1%。</p><p>从下游来说，妙司集团面对的是个人消费者，而客户的忠诚度就显得尤为重要。2019年至2021年，公司从批量采购客户（平均年度消费额超过2.5百万港元或平均年度购买量超过1000件的客户）取得的收入分别占本集团来自零售店总收入的29.9%、39.5%及70.1%。除了为20%至30%创收最高客户专门营销之外，为了挽留该等客户及获取购买力相近的客户，妙司集团选择用调低销售价格的方式吸引客户，因此净利率水平较低。</p><p>总之，妙司集团短期难以走出净利率约3%的阴影。</p><p><b>谁来清理存货？</b></p><p>库存不仅是服装行业的阿喀琉斯之踵，亦是奢侈品行业零售商们的心病。而2020年的疫情，让曾经高冷的奢侈品更加难以落地。2020年的访港旅客总人数由2019年的55.9百万人次降至3.6百万人次。2021年财政年度来自零售店的收入较2020年财政年度减少16.7%。</p><p>销售停滞，对于妙司集团来说，积压的存货，不知何时就就变得格外乍眼。</p><p>根据智通财经APP观察，2019年至2021年，妙司集团的存货规模进一步扩大，分别为1.65亿元、2.07亿元、2.58亿元，2020年至2021年同比均增长25%。2019年至2021年，公司的平均存货周转天数分别为42天、63天及89天。</p><p>零售店下滑严重之际，妙司集团亦开始加大对存货拨备的计提，包括当季产品和过季产品，2019年至2021年的存货拨备结余分别为490万元、490万元、1050万元。</p><p><img src=\"https://img.zhitongcaijing.com/image/20210608/1623120283215133.png?x-oss-process=image/format,jpg/quality,Q_90\" tg-width=\"614\" tg-height=\"418\" referrerpolicy=\"no-referrer\"></p><p>保持正常的存货水平，对妙司集团来说十分必要。公司亦在招股书中坦言“产品的市场需求突然下降，或产品销量出乎意料之外出现下滑，均可能导致未售商品存货低于成本出售，继而可能对我们的业务、财务状况及经营业绩产生重大不利影响。同时，倘我们存货过少，我们可能失去销售机会，因而亦可能对我们的业务、财务状况及经营业绩产生重大不利影响。”</p><p>根据招股书数据，妙司集团2019年及2020年3月31日，过季产品的销售额分别为2590万元或98.0%及2190万元或93.5%，截至2021年3月31日，当季及过季产品的销售额分别为4550万元或30.5%及6800万元或62.4%。总体来看，2021年当季产品推出后，过季产品销售占比回落。</p><p>库存积压严重，货物换不成货币，存货周转速度过慢容易引起企业内部的资金流转不畅，短期现金流较少可能影响妙司集团的正常运作的新品采购。此外，存货堆积一天，就增加了一天的存储成本，增加了员工的劳动成本，消耗了企业资金，拖得越久，仓库里的商品贬值越快，转化成利润的难度便进一步加大。若未能将增加的成本转嫁客户，妙司集团的业务、财务状况及经营业绩可能受到不利影响。</p><p><b>“零售梦”底气在哪？</b></p><p>2020年，妙司集团开辟了网上销售的新道路，2020至2021年财年贡献营收分别为5097万元、7482.1万元，毛利分别为371.1万元、691.7万元。跟零售店营收规模相比，仍显得微弱。</p><p><img src=\"https://img.zhitongcaijing.com/image/20210608/1623120295136740.png?x-oss-process=image/format,jpg/quality,Q_90\" tg-width=\"638\" tg-height=\"250\" referrerpolicy=\"no-referrer\"></p><p>妙司集团的如意算盘仍打在零售端，毕竟传统上，品牌店及授权零售店被视为香港奢华及高端品牌时装相关产品的主要销售渠道。战火焦灼在线下，那市占率就成为独立零售商竞争的关键因素。</p><p>根据弗若斯特沙利文报告，受零售店固定营业时间和实用面积的限制，奢华及高端品牌时装相关产品的独立零售商难以于经营一段时间后在现有零售店实现高收入增长。2020年至2021年，妙司集团的同店增长率均为负值，分别为-8.7%、-6.4%</p><p><img src=\"https://img.zhitongcaijing.com/image/20210608/1623120340844401.png?x-oss-process=image/format,jpg/quality,Q_90\" tg-width=\"607\" tg-height=\"272\" referrerpolicy=\"no-referrer\"></p><p>现有零售店难以在收入上实现突破，不断开设新的零售店便成为独立零售商扩张的普遍策略，妙司集团亦不例外，未来公司的收入很大程度上依赖公司销售网络中的零售店及销售联网数量。</p><p>据智通财经APP了解，妙司集团拟在2023年财年至2024财年优化及扩大销售联网，透过在尖沙咀、旺角、佐敦及香港仔开设四间零售店将销售联网由两个扩展至三个。预计增設的零售店的面积将各介乎2000平方米至5000平方米。</p><p><img src=\"https://img.zhitongcaijing.com/image/20210608/1623120353400309.png?x-oss-process=image/format,jpg/quality,Q_90\" tg-width=\"615\" tg-height=\"242\" referrerpolicy=\"no-referrer\"></p><p>从现金流量来看，妙司集团总体呈微降，2019年至2021年，年末现金及现金等价物分别为4778.1万元、5769.21万元、4680.3万元；同期的资产负债比例分别为49.4%、44.6%、55%。</p><p>可见妙司集团的资金健康状况整体呈向下走，在这种情况下，仍选择开店扩张，底气何在？或许是瞄准了未来市场的增量，根据弗若斯特沙利文报告，独立零售店的奢华及高端品牌时装相关产品零售销售价值预计将由2021年至2025年按20.6%的复合年增长率增长。但是，投资者们会为妙可集团的“零售梦”买单吗？</p>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>新股前瞻|妙司集团：四闯港交所IPO，净利率3%的奢侈品中间商</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n新股前瞻|妙司集团：四闯港交所IPO，净利率3%的奢侈品中间商\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 10:38 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/490113.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>中国人的奢侈品购买力有多强？2020年4月份，疫情之后涌起的报复性消费，让广州太古汇的爱马仕旗舰店开店日的销售额达到1900万元，刷新了中国门店单日最高记录。当年的7月份，香港奢侈品零售商妙司集团趁热打铁，向港交所主板递交上市申请，无奈折戟。今年6月3日，港交所再次披露妙司集团的招股书，表明公司闯关港股IPO的决心。值得关注的是，此次是妙司集团第四次向港交所发起冲击。净利率约3%，中间商赚差价的...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/490113.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e2bc484766922e67d87fdb952e5532ab","relate_stocks":{},"source_url":"http://www.zhitongcaijing.com/content/detail/490113.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141548162","content_text":"中国人的奢侈品购买力有多强？2020年4月份，疫情之后涌起的报复性消费，让广州太古汇的爱马仕旗舰店开店日的销售额达到1900万元，刷新了中国门店单日最高记录。当年的7月份，香港奢侈品零售商妙司集团趁热打铁，向港交所主板递交上市申请，无奈折戟。今年6月3日，港交所再次披露妙司集团的招股书，表明公司闯关港股IPO的决心。值得关注的是，此次是妙司集团第四次向港交所发起冲击。净利率约3%，中间商赚差价的生意想象力有多大？根据智通财经APP了解，妙司集团主要以“妙思”品牌在香港经营零售店，销售奢华及高端品牌时装相关产品。截至2021年3月末，公司在香港两个黄金购物地段，即尖沙咀及铜锣湾经营两个零售特卖场销售联网。根据弗若斯特沙利文报告，就2021年财政年度的收入而言，妙司集团在整体奢华及高端品牌时装相关产品行业所占市场占有率为2.1%，占独立零售商于香港提供奢华及高端品牌时装相关产品零售额的3.9%。从商业模式上来看，妙思集团向主要来自意大利、瑞士、美国、日本及法国的供应商采购商品，这些供应商主要包括品牌拥有人及品牌拥有人的授权分销商。采购商品后再通过自身的销售网络及网上销售渠道，以自营方式向客户销售商品。从本质上来说，妙思属向上游拿货后向零售客户分销的“中间商”。2019年至2021财政年度，妙司集团实现营收13.31亿元（港元，下同）、12.58亿元，10.81亿元；同年的利润分别为5090万元、3580万元、3410万元。营收和净利润双双下降，公司表示，“主要由于香港理工大学于2019年11月被占领及COVID-19爆发的影响。”2020年卫生事件对奢侈品帝国的打击是前所未有的，据贝恩咨询数据，2020年奢侈品行业收缩幅度在22%至25%之间，市值蒸发约600亿欧元至700亿欧元。作为“中间商”的妙司集团自然难以幸免。2020年第一季、2020年第二季、2020年第三季及2020年第四季来自零售店的收入分别较2019年同期下降27.9%、41.6%、12.8%及13.1%。随着卫生事件的缓解，妙司集团的运营逐步恢复，2021年第一季及（根据未经审核管理账目）截至2021年4月30日止一个月（根据未经审核管理账目）的零售店收入较2020年同期增长4.6%及76.5%。疫情的影响暂且按下不表，但从妙司集团的净利率水平，就可看出公司处境之难。2019年至2021年，妙司集团的毛利率分别为13.6%、13.8%、12.0%；同期的净利率分别为3.8%、2.8%、3.2%。妙司集团这个“中间商”的生意何以如此艰难？主要是由于上下游的挤压，压缩了公司的盈利空间。首先从上游来说，公司依赖品牌方和供应商，2019年至2021年，五大品牌产生的收入分别占总收入的44.0%、47.8%及50.4%。而与供应商保持良好的关系则是公司持续营运的基石，因此妙司集团并无议价权。2019年至2021年，公司向五大供应商采购额分别为7.14亿元、5.99亿元、5.68亿元，占采购总额的58.8%、53.2%及57.1%。公司向最大供应商的采购额分别为2.58亿元、2.44亿元及2.90亿元，占采购总额的21.2%、21.7%及29.1%。从下游来说，妙司集团面对的是个人消费者，而客户的忠诚度就显得尤为重要。2019年至2021年，公司从批量采购客户（平均年度消费额超过2.5百万港元或平均年度购买量超过1000件的客户）取得的收入分别占本集团来自零售店总收入的29.9%、39.5%及70.1%。除了为20%至30%创收最高客户专门营销之外，为了挽留该等客户及获取购买力相近的客户，妙司集团选择用调低销售价格的方式吸引客户，因此净利率水平较低。总之，妙司集团短期难以走出净利率约3%的阴影。谁来清理存货？库存不仅是服装行业的阿喀琉斯之踵，亦是奢侈品行业零售商们的心病。而2020年的疫情，让曾经高冷的奢侈品更加难以落地。2020年的访港旅客总人数由2019年的55.9百万人次降至3.6百万人次。2021年财政年度来自零售店的收入较2020年财政年度减少16.7%。销售停滞，对于妙司集团来说，积压的存货，不知何时就就变得格外乍眼。根据智通财经APP观察，2019年至2021年，妙司集团的存货规模进一步扩大，分别为1.65亿元、2.07亿元、2.58亿元，2020年至2021年同比均增长25%。2019年至2021年，公司的平均存货周转天数分别为42天、63天及89天。零售店下滑严重之际，妙司集团亦开始加大对存货拨备的计提，包括当季产品和过季产品，2019年至2021年的存货拨备结余分别为490万元、490万元、1050万元。保持正常的存货水平，对妙司集团来说十分必要。公司亦在招股书中坦言“产品的市场需求突然下降，或产品销量出乎意料之外出现下滑，均可能导致未售商品存货低于成本出售，继而可能对我们的业务、财务状况及经营业绩产生重大不利影响。同时，倘我们存货过少，我们可能失去销售机会，因而亦可能对我们的业务、财务状况及经营业绩产生重大不利影响。”根据招股书数据，妙司集团2019年及2020年3月31日，过季产品的销售额分别为2590万元或98.0%及2190万元或93.5%，截至2021年3月31日，当季及过季产品的销售额分别为4550万元或30.5%及6800万元或62.4%。总体来看，2021年当季产品推出后，过季产品销售占比回落。库存积压严重，货物换不成货币，存货周转速度过慢容易引起企业内部的资金流转不畅，短期现金流较少可能影响妙司集团的正常运作的新品采购。此外，存货堆积一天，就增加了一天的存储成本，增加了员工的劳动成本，消耗了企业资金，拖得越久，仓库里的商品贬值越快，转化成利润的难度便进一步加大。若未能将增加的成本转嫁客户，妙司集团的业务、财务状况及经营业绩可能受到不利影响。“零售梦”底气在哪？2020年，妙司集团开辟了网上销售的新道路，2020至2021年财年贡献营收分别为5097万元、7482.1万元，毛利分别为371.1万元、691.7万元。跟零售店营收规模相比，仍显得微弱。妙司集团的如意算盘仍打在零售端，毕竟传统上，品牌店及授权零售店被视为香港奢华及高端品牌时装相关产品的主要销售渠道。战火焦灼在线下，那市占率就成为独立零售商竞争的关键因素。根据弗若斯特沙利文报告，受零售店固定营业时间和实用面积的限制，奢华及高端品牌时装相关产品的独立零售商难以于经营一段时间后在现有零售店实现高收入增长。2020年至2021年，妙司集团的同店增长率均为负值，分别为-8.7%、-6.4%现有零售店难以在收入上实现突破，不断开设新的零售店便成为独立零售商扩张的普遍策略，妙司集团亦不例外，未来公司的收入很大程度上依赖公司销售网络中的零售店及销售联网数量。据智通财经APP了解，妙司集团拟在2023年财年至2024财年优化及扩大销售联网，透过在尖沙咀、旺角、佐敦及香港仔开设四间零售店将销售联网由两个扩展至三个。预计增設的零售店的面积将各介乎2000平方米至5000平方米。从现金流量来看，妙司集团总体呈微降，2019年至2021年，年末现金及现金等价物分别为4778.1万元、5769.21万元、4680.3万元；同期的资产负债比例分别为49.4%、44.6%、55%。可见妙司集团的资金健康状况整体呈向下走，在这种情况下，仍选择开店扩张，底气何在？或许是瞄准了未来市场的增量，根据弗若斯特沙利文报告，独立零售店的奢华及高端品牌时装相关产品零售销售价值预计将由2021年至2025年按20.6%的复合年增长率增长。但是，投资者们会为妙可集团的“零售梦”买单吗？","news_type":1,"symbols_score_info":{"TNmain":0.9,"UBmain":0.9,"ZBmain":0.9,"ZFmain":0.9,"ZNmain":0.9,"ZTmain":0.9}},"isVote":1,"tweetType":1,"viewCount":561,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":114584601,"gmtCreate":1623080177703,"gmtModify":1631888810762,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DBGI\">$Digital Brands Group, Inc.(DBGI)$</a>倒了","listText":"<a href=\"https://laohu8.com/S/DBGI\">$Digital Brands Group, Inc.(DBGI)$</a>倒了","text":"$Digital Brands Group, Inc.(DBGI)$倒了","images":[{"img":"https://static.tigerbbs.com/7b39f0554e02cf06f9ae9779f2621715","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/114584601","isVote":1,"tweetType":1,"viewCount":739,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":118672020,"gmtCreate":1622732025060,"gmtModify":1634098596885,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>快高长大啦","listText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>快高长大啦","text":"$Sundial Growers Inc.(SNDL)$快高长大啦","images":[{"img":"https://static.tigerbbs.com/eeddabbc67ab75d427803b33dcb8c888","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118672020","isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":118653694,"gmtCreate":1622731269718,"gmtModify":1634098610634,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"lol","listText":"lol","text":"lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118653694","repostId":"1118016370","repostType":4,"repost":{"id":"1118016370","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622729217,"share":"https://ttm.financial/m/news/1118016370?lang=&edition=full","pubTime":"2021-06-03 22:06","market":"us","language":"en","title":"Express shares tumble after retailer announces plan to sell 15 million shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1118016370","media":"Tiger Newspress","summary":"KEY POINTS\n\nShares of the retailer Express tumbled Thursday, after the clothing retailer announced p","content":"<p><b>KEY POINTS</b></p>\n<ul>\n <li>Shares of the retailer Express tumbled Thursday, after the clothing retailer announced plans to sell up to 15 million shares.</li>\n <li>Express announced an “at-the-market” equity offering, which could represent more than 22% of its shares outstanding.</li>\n <li>Earlier Thursday morning, Express’ stock had jumped after the retailer reported better-than-expected fiscal first-quarter results.</li>\n</ul>\n<p>Shares of the retailer&nbsp;Express&nbsp;tumbled more than 22% Thursday, after the clothing retailer announced plans to sell up to 15 million shares.</p>\n<p><img src=\"https://static.tigerbbs.com/78ae5e3b3840e30951812699b6f5c3d1\" tg-width=\"840\" tg-height=\"470\"></p>\n<p>Express announced an “at-the-market” equity offering, which could represent more than 22% of its shares outstanding. This type of offering means the newly issued stock will be sold from time to time at market prices. Its advantage is that it gives Express control over when it will offer the stock and how much stock it will offer.</p>\n<p>The huge sell-off comes after the stock shot up more than 35% Wednesday, as part of a meme stock trading frenzy that has also boosted shares of&nbsp;AMC Entertainment,GameStop,BlackBerry&nbsp;and&nbsp;Bed Bath &amp; Beyond.</p>\n<p>Express shares had rallied nearly 110% over the past month. The so-called meme stocks, generally shunned by Wall Street, are being cheered by retail investors on online forums like Reddit’s WallStreetBets.</p>\n<p>MKM Partners Managing Director Roxanne Meyer told clients that daily trading volumes of Express shares are still well above historic levels, fueled by Reddit speculation.</p>\n<p>Earlier Thursday morning, Express’ stock had jumped after the retailer reported better-than-expected fiscal first-quarter results. It said its business hit an inflection point after Easter, as more consumers were vaccinated and states began lifting Covid-related restrictions. It also saw people return to its stores buying occasion-based and work-related apparel merchandise.</p>\n<p>Express said in the release announcing its equity offering that it plans to use the net proceeds from its stock sale for general corporate purposes, which could include repaying debts or investing in e-commerce.</p>\n<p>Last year, in the thick of the Covid pandemic, Express was on many analysts’ watch lists as a retailer that could be heading for bankruptcy. But the company managed to come up with additional financing, outside of a court restructuring, to keep its business afloat and outlast the health crisis.</p>\n<p>AMC also said Thursday it plans to sell more than 11 million shares, sending shares of the movie theater chain tumbling.</p>\n<p><img src=\"https://static.tigerbbs.com/7636dfd3d2ab9485e222cf7de79b6934\" tg-width=\"840\" tg-height=\"470\"></p>\n<p>Shares of Express are up more than 615% year to date.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Express shares tumble after retailer announces plan to sell 15 million shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nExpress shares tumble after retailer announces plan to sell 15 million shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-03 22:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>KEY POINTS</b></p>\n<ul>\n <li>Shares of the retailer Express tumbled Thursday, after the clothing retailer announced plans to sell up to 15 million shares.</li>\n <li>Express announced an “at-the-market” equity offering, which could represent more than 22% of its shares outstanding.</li>\n <li>Earlier Thursday morning, Express’ stock had jumped after the retailer reported better-than-expected fiscal first-quarter results.</li>\n</ul>\n<p>Shares of the retailer&nbsp;Express&nbsp;tumbled more than 22% Thursday, after the clothing retailer announced plans to sell up to 15 million shares.</p>\n<p><img src=\"https://static.tigerbbs.com/78ae5e3b3840e30951812699b6f5c3d1\" tg-width=\"840\" tg-height=\"470\"></p>\n<p>Express announced an “at-the-market” equity offering, which could represent more than 22% of its shares outstanding. This type of offering means the newly issued stock will be sold from time to time at market prices. Its advantage is that it gives Express control over when it will offer the stock and how much stock it will offer.</p>\n<p>The huge sell-off comes after the stock shot up more than 35% Wednesday, as part of a meme stock trading frenzy that has also boosted shares of&nbsp;AMC Entertainment,GameStop,BlackBerry&nbsp;and&nbsp;Bed Bath &amp; Beyond.</p>\n<p>Express shares had rallied nearly 110% over the past month. The so-called meme stocks, generally shunned by Wall Street, are being cheered by retail investors on online forums like Reddit’s WallStreetBets.</p>\n<p>MKM Partners Managing Director Roxanne Meyer told clients that daily trading volumes of Express shares are still well above historic levels, fueled by Reddit speculation.</p>\n<p>Earlier Thursday morning, Express’ stock had jumped after the retailer reported better-than-expected fiscal first-quarter results. It said its business hit an inflection point after Easter, as more consumers were vaccinated and states began lifting Covid-related restrictions. It also saw people return to its stores buying occasion-based and work-related apparel merchandise.</p>\n<p>Express said in the release announcing its equity offering that it plans to use the net proceeds from its stock sale for general corporate purposes, which could include repaying debts or investing in e-commerce.</p>\n<p>Last year, in the thick of the Covid pandemic, Express was on many analysts’ watch lists as a retailer that could be heading for bankruptcy. But the company managed to come up with additional financing, outside of a court restructuring, to keep its business afloat and outlast the health crisis.</p>\n<p>AMC also said Thursday it plans to sell more than 11 million shares, sending shares of the movie theater chain tumbling.</p>\n<p><img src=\"https://static.tigerbbs.com/7636dfd3d2ab9485e222cf7de79b6934\" tg-width=\"840\" tg-height=\"470\"></p>\n<p>Shares of Express are up more than 615% year to date.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118016370","content_text":"KEY POINTS\n\nShares of the retailer Express tumbled Thursday, after the clothing retailer announced plans to sell up to 15 million shares.\nExpress announced an “at-the-market” equity offering, which could represent more than 22% of its shares outstanding.\nEarlier Thursday morning, Express’ stock had jumped after the retailer reported better-than-expected fiscal first-quarter results.\n\nShares of the retailer Express tumbled more than 22% Thursday, after the clothing retailer announced plans to sell up to 15 million shares.\n\nExpress announced an “at-the-market” equity offering, which could represent more than 22% of its shares outstanding. This type of offering means the newly issued stock will be sold from time to time at market prices. Its advantage is that it gives Express control over when it will offer the stock and how much stock it will offer.\nThe huge sell-off comes after the stock shot up more than 35% Wednesday, as part of a meme stock trading frenzy that has also boosted shares of AMC Entertainment,GameStop,BlackBerry and Bed Bath & Beyond.\nExpress shares had rallied nearly 110% over the past month. The so-called meme stocks, generally shunned by Wall Street, are being cheered by retail investors on online forums like Reddit’s WallStreetBets.\nMKM Partners Managing Director Roxanne Meyer told clients that daily trading volumes of Express shares are still well above historic levels, fueled by Reddit speculation.\nEarlier Thursday morning, Express’ stock had jumped after the retailer reported better-than-expected fiscal first-quarter results. It said its business hit an inflection point after Easter, as more consumers were vaccinated and states began lifting Covid-related restrictions. It also saw people return to its stores buying occasion-based and work-related apparel merchandise.\nExpress said in the release announcing its equity offering that it plans to use the net proceeds from its stock sale for general corporate purposes, which could include repaying debts or investing in e-commerce.\nLast year, in the thick of the Covid pandemic, Express was on many analysts’ watch lists as a retailer that could be heading for bankruptcy. But the company managed to come up with additional financing, outside of a court restructuring, to keep its business afloat and outlast the health crisis.\nAMC also said Thursday it plans to sell more than 11 million shares, sending shares of the movie theater chain tumbling.\n\nShares of Express are up more than 615% year to date.","news_type":1,"symbols_score_info":{"AMC":0.9,"EXPR":0.9}},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118659735,"gmtCreate":1622731243827,"gmtModify":1634098610757,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","listText":"[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","text":"[Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118659735","repostId":"1156214856","repostType":4,"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132030827,"gmtCreate":1622043640869,"gmtModify":1634184372036,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"buy","listText":"buy","text":"buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132030827","repostId":"2138511164","repostType":4,"repost":{"id":"2138511164","kind":"highlight","pubTimestamp":1622036700,"share":"https://ttm.financial/m/news/2138511164?lang=&edition=full","pubTime":"2021-05-26 21:45","market":"us","language":"en","title":"Don't Wait For a Market Crash: These 2 Top Stocks Are On Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=2138511164","media":"Motley Fool","summary":"At current levels, these two excellent companies are a bargain.","content":"<p>Waiting for a stock to bottom out before picking up its shares at a discount -- a practice known as timing the market -- is almost impossible to pull off consistently. Investors would have to know precisely when shares of a company have reached rock bottom, and for anyone who can always know that in advance, a career in fortune telling might be more lucrative than investing in stocks. Another way to buy stocks at a discount is to wait for a market crash.</p><p>After all, great companies will recover from a downturn, and those smart enough to hold their shares through thick and thin can be handsomely rewarded. If you don't have time to wait for the market to plunge, look for great stocks that have been under pressure of late, but whose businesses and long-term prospects remain intact. <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> such companies are <b>Vertex Pharmaceuticals</b> (NASDAQ:VRTX) and <b>Shopify</b> (NYSE:SHOP).</p><h2>1. Vertex Pharmaceuticals</h2><p>Shares of biotech giant Vertex Pharmaceuticals are down a mere 3.9% over the past three months, compared to gains of 7.3% for the <b>S&amp;P 500</b>. But that alone doesn't tell the whole story of the drugmaker's recent woes. In October 2020, Vertex's stock dropped precipitously in <a href=\"https://laohu8.com/S/AONE\">one</a> day after the company announced its decision to discontinue the development of VX-814, a potential treatment for alpha-1 antitrypsin deficiency (AATD).</p><p>The company's decision came after it observed elevated liver enzymes in several AATD patients in a midstage trial for VX-814. But this market reaction may have been a bit overblown. For <a href=\"https://laohu8.com/S/AONE.U\">one</a>, Vertex is known primarily for its drugs that treat the underlying causes of cystic fibrosis (CF), a rare genetic condition that affects a patient's internal organs.</p><p>Vertex's most important CF drug, Trikafta, has a patent that will be valid until 2037. Trikafta can treat about 90% of the CF population. Even if competitors -- some of whom are looking to develop competing CF drugs -- manage to enter this market, thanks to its first-mover advantage, Vertex will likely remain the leader in this space for the foreseeable future.</p><p>Also, while VX-814 may have helped diversify its revenue stream away from Trikafta and other CF medicines, Vertex has other promising pipeline products that could do just that.&nbsp;There is VX-864, another potential drug for AATD, which, according to the company, is \"structurally different\" from VX-814. In other words, the failure of the former is not at all indicative of what may happen to the latter. Vertex said it expects to release data from a phase 2 clinical trial for VX-864 in the first half of this year.</p><p>Then there is CTX001, a potential gene editing therapy for transfusion-dependent beta-thalassemia (TDT) and sickle cell disease (SCD) the company is developing in collaboration with <b>CRISPR Therapeutics</b>. CTX001 has shown success in preventing vaso-occlusive crises (a side effect of SCD that causes acute pain) in several patients, among other positive results.</p><p>Management believes regulatory submission for CTX001 could happen within the next 18 to 24 months. Further, Vertex is an ambitious company with several more pipeline candidates, including one targeted at type 1 diabetes. And if that seems like too much of a long shot, consider that the biotech generated a little more than $3 billion in free cash flow over the trailing 12-month period.</p><p>If none of its current programs pan out (which seems unlikely), expect Vertex to go out and purchase the rights to others -- or even acquire a smaller biotech with a rich and promising pipeline. The combination of all those factors makes Vertex a biotech stock still worth buying.</p><h2>2. Shopify</h2><p>In the past few months, the market hasn't been kind to high-flying growth stocks. Shares of e-commerce giant Shopify -- a market favorite and growth stock extraordinaire -- are down by 11.38% since late February. How long will the market keep Shopify down? I am not sure, but as a shareholder, I feel just fine. Shopify remains one of my highest conviction holdings for two simple reasons. First, there is the growth of the e-commerce industry.</p><p>Despite many investors and analysts preaching the death of brick and mortar businesses, these businesses are not quite dead yet. Sure, many traditional retailers are struggling, but online transactions still make up a small percentage of total transactions in the U.S. According to the U.S. Department of Commerce, e-commerce sales accounted for just 13.4% of total sales during the first quarter of 2021.</p><p>Keep in mind, e-commerce penetration is even lower in many other parts of the world, particularly in less developed nations.&nbsp;In other words, this space can still grow by leaps and bounds, and Shopify and its peers can continue to profit for many years (and potentially decades) to come.</p><p>Then there is Shopify's \"sticky\" business model: that is, one which is constructed in such a way as to retain customers, thereby creating a growing source of recurring revenue. Think about the amount of work it takes to create a storefront from scratch (which is what Shopify offers merchants on its platform), particularly for those who aren't tech or internet-savvy.</p><p>But that's just the first step -- then, a business owner has to attract customers to its shiny, new online presence. Merchants on Shopify's platform also rely on the company for a plethora of other services, including billing, shipping, and more. Once an entrepreneur has gone through all this trouble, the incentive to switch to one of Shopify's competitors is pretty low.</p><p>This isn't just a matter of convenience either, although that's part of it. But the process could actually be harmful to the business. This powerful source of a competitive advantage is why I am confident Shopify will keep most of its clients while continuously adding new ones. And that can only mean great news for the company's revenue, profits, and stock market performance in the long run.</p><p>In five years or so, we may look at the recent market turmoil as a great buying opportunity for Shopify.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Don't Wait For a Market Crash: These 2 Top Stocks Are On Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDon't Wait For a Market Crash: These 2 Top Stocks Are On Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/26/dont-wait-for-a-market-crash-these-2-top-stocks-ar/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Waiting for a stock to bottom out before picking up its shares at a discount -- a practice known as timing the market -- is almost impossible to pull off consistently. Investors would have to know ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/26/dont-wait-for-a-market-crash-these-2-top-stocks-ar/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/26/dont-wait-for-a-market-crash-these-2-top-stocks-ar/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138511164","content_text":"Waiting for a stock to bottom out before picking up its shares at a discount -- a practice known as timing the market -- is almost impossible to pull off consistently. Investors would have to know precisely when shares of a company have reached rock bottom, and for anyone who can always know that in advance, a career in fortune telling might be more lucrative than investing in stocks. Another way to buy stocks at a discount is to wait for a market crash.After all, great companies will recover from a downturn, and those smart enough to hold their shares through thick and thin can be handsomely rewarded. If you don't have time to wait for the market to plunge, look for great stocks that have been under pressure of late, but whose businesses and long-term prospects remain intact. Two such companies are Vertex Pharmaceuticals (NASDAQ:VRTX) and Shopify (NYSE:SHOP).1. Vertex PharmaceuticalsShares of biotech giant Vertex Pharmaceuticals are down a mere 3.9% over the past three months, compared to gains of 7.3% for the S&P 500. But that alone doesn't tell the whole story of the drugmaker's recent woes. In October 2020, Vertex's stock dropped precipitously in one day after the company announced its decision to discontinue the development of VX-814, a potential treatment for alpha-1 antitrypsin deficiency (AATD).The company's decision came after it observed elevated liver enzymes in several AATD patients in a midstage trial for VX-814. But this market reaction may have been a bit overblown. For one, Vertex is known primarily for its drugs that treat the underlying causes of cystic fibrosis (CF), a rare genetic condition that affects a patient's internal organs.Vertex's most important CF drug, Trikafta, has a patent that will be valid until 2037. Trikafta can treat about 90% of the CF population. Even if competitors -- some of whom are looking to develop competing CF drugs -- manage to enter this market, thanks to its first-mover advantage, Vertex will likely remain the leader in this space for the foreseeable future.Also, while VX-814 may have helped diversify its revenue stream away from Trikafta and other CF medicines, Vertex has other promising pipeline products that could do just that. There is VX-864, another potential drug for AATD, which, according to the company, is \"structurally different\" from VX-814. In other words, the failure of the former is not at all indicative of what may happen to the latter. Vertex said it expects to release data from a phase 2 clinical trial for VX-864 in the first half of this year.Then there is CTX001, a potential gene editing therapy for transfusion-dependent beta-thalassemia (TDT) and sickle cell disease (SCD) the company is developing in collaboration with CRISPR Therapeutics. CTX001 has shown success in preventing vaso-occlusive crises (a side effect of SCD that causes acute pain) in several patients, among other positive results.Management believes regulatory submission for CTX001 could happen within the next 18 to 24 months. Further, Vertex is an ambitious company with several more pipeline candidates, including one targeted at type 1 diabetes. And if that seems like too much of a long shot, consider that the biotech generated a little more than $3 billion in free cash flow over the trailing 12-month period.If none of its current programs pan out (which seems unlikely), expect Vertex to go out and purchase the rights to others -- or even acquire a smaller biotech with a rich and promising pipeline. The combination of all those factors makes Vertex a biotech stock still worth buying.2. ShopifyIn the past few months, the market hasn't been kind to high-flying growth stocks. Shares of e-commerce giant Shopify -- a market favorite and growth stock extraordinaire -- are down by 11.38% since late February. How long will the market keep Shopify down? I am not sure, but as a shareholder, I feel just fine. Shopify remains one of my highest conviction holdings for two simple reasons. First, there is the growth of the e-commerce industry.Despite many investors and analysts preaching the death of brick and mortar businesses, these businesses are not quite dead yet. Sure, many traditional retailers are struggling, but online transactions still make up a small percentage of total transactions in the U.S. According to the U.S. Department of Commerce, e-commerce sales accounted for just 13.4% of total sales during the first quarter of 2021.Keep in mind, e-commerce penetration is even lower in many other parts of the world, particularly in less developed nations. In other words, this space can still grow by leaps and bounds, and Shopify and its peers can continue to profit for many years (and potentially decades) to come.Then there is Shopify's \"sticky\" business model: that is, one which is constructed in such a way as to retain customers, thereby creating a growing source of recurring revenue. Think about the amount of work it takes to create a storefront from scratch (which is what Shopify offers merchants on its platform), particularly for those who aren't tech or internet-savvy.But that's just the first step -- then, a business owner has to attract customers to its shiny, new online presence. Merchants on Shopify's platform also rely on the company for a plethora of other services, including billing, shipping, and more. Once an entrepreneur has gone through all this trouble, the incentive to switch to one of Shopify's competitors is pretty low.This isn't just a matter of convenience either, although that's part of it. But the process could actually be harmful to the business. This powerful source of a competitive advantage is why I am confident Shopify will keep most of its clients while continuously adding new ones. And that can only mean great news for the company's revenue, profits, and stock market performance in the long run.In five years or so, we may look at the recent market turmoil as a great buying opportunity for Shopify.","news_type":1,"symbols_score_info":{"SHOP":0.9,"VERX":0.9}},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132097621,"gmtCreate":1622043613863,"gmtModify":1634184372988,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132097621","repostId":"2138486271","repostType":4,"repost":{"id":"2138486271","kind":"news","pubTimestamp":1622037405,"share":"https://ttm.financial/m/news/2138486271?lang=&edition=full","pubTime":"2021-05-26 21:56","market":"us","language":"en","title":"‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald","url":"https://stock-news.laohu8.com/highlight/detail?id=2138486271","media":"Yahoo Finance","summary":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to ea","content":"<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.</p>\n<p>Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.</p>\n<p>Now another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.</p>\n<p>In a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.</p>\n<p>\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"</p>\n<p>\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at <a href=\"https://laohu8.com/S/AONE\">one</a> time or another.\"</p>\n<p>For nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.</p>\n<h2>'Not comfortable' putting the family fortune in Tesla</h2>\n<p>Tesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey &amp; Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/235d11b0-b97b-11eb-bef6-4deeeb5ceae4\" tg-width=\"5301\" tg-height=\"3534\"><span>FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS</span></p>\n<p>\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"</p>\n<p>\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"</p>\n<p>Serwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.</p>\n<p>\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"</p>\n<p>Greenwald said the company would face a challenge taking advantage of its technology.</p>\n<p>\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"</p>\n<p>While pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.</p>\n<p>\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"</p>\n<p>But he's staying away from the stock.</p>\n<p>\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Not a chance’ Tesla will dominate car industry in 20 years: legendary investor Bruce Greenwald\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN...</p>\n\n<a href=\"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/not-a-chance-tesla-will-dominate-car-industry-in-20-years-bruce-greenwald-135645405.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138486271","content_text":"Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock's fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.\nInvestor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie \"The Big Short,\" last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534 million.\nNow another legendary investor, Columbia University Professor Emeritus Bruce Greenwald — whom The New York Times once called \"a guru to Wall Street's gurus\" — says he doesn't think Tesla can live up to its astronomical market cap. But Greenwald acknowledged he wouldn't short Tesla because many have gotten \"slaughtered\" doing it.\nIn a new interview, Greenwald predicted that Tesla will fail to dominate the auto industry over the long term because of a likely explosion in the size of the electric vehicle market and a lack of differentiation between Tesla's products and those of its competitors.\n\"Twenty years from now — you really think that they're going to dominate the auto market?\" Greenwald tells Yahoo Finance Editor-in-Chief Andy Serwer. \"Not a chance.\"\n\"We know what a competitive auto market looks like,\" he adds. \"Because in that market, most of the big companies have flirted with bankruptcy at one time or another.\"\nFor nearly three decades, Greenwald taught a popular course at Columbia University on \"value investing,\" which identifies stocks trading at a price lower than their book value, and patiently waits for them to rise. The approach owes its worldwide renown to its most famous advocate, Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, who occasionally spoke as a guest in Greenwald's course.\n'Not comfortable' putting the family fortune in Tesla\nTesla's long-term struggle to live up to its market cap will stem from its difficulty holding onto a large share of the auto market, Greenwald predicted. Between 2018 and 2019, Tesla's market share grew from 11.8% to 16.2%, according to a study released by McKinsey & Company in July. But that figure will drop over the coming years as electric vehicles become more popular, Greenwald said.\nFILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, May 12, 2021 citing environmental concerns. (AP Photo/Susan Walsh, File)ASSOCIATED PRESS\n\"If a market is small, like the electric car market is today, you probably need to get to 20% of that market to be viable,\" he says. \"In the mature automobile market that is global, you can be viable at 2%.\"\n\"Well, at the 20% requirement, Tesla may be able to keep rivals out. But at 2%, nobody's going to keep anybody down,\" he adds. \"And guess where the electric car market is going? It's going from 700,000 [vehicles sold] a year to 7 million a year.\"\nSerwer asked Greenwald about Tesla CEO Elon Musk's view that the company differentiates itself not only with its electric vehicles but also its onboard computer system, database, and solar panels. But Greenwald rejected the point.\n\"You think other car makers don't have that?\" he says. \"They don't have computers? They don't have databases, [and] they don't have solar panels? Give me a break.\"\nGreenwald said the company would face a challenge taking advantage of its technology.\n\"When you have charging stations, they're going to serve all the cars,\" he says. \"Elon Musk is talking his book.\"\nWhile pessimistic about Tesla, Greenwald said he wouldn't short the company. Last year, Tesla short sellers lost $40.1 billion, according to the analysis by S3 partners that CNN reported.\n\"People have gotten slaughtered doing that,\" Greenwald says. \"I've had my own terrible experiences with shorts.\"\nBut he's staying away from the stock.\n\"If I were going to put the family fortune into Tesla,\" he says. \"I would not be comfortable doing it.\"","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":349594789,"gmtCreate":1617623198541,"gmtModify":1634297510713,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TUYA\">$Tuya Inc.(TUYA)$</a>你们如何看待这个股？","listText":"<a href=\"https://laohu8.com/S/TUYA\">$Tuya Inc.(TUYA)$</a>你们如何看待这个股？","text":"$Tuya Inc.(TUYA)$你们如何看待这个股？","images":[{"img":"https://static.tigerbbs.com/a6c87bae0296983343fb81c1de950ef3","width":"1170","height":"2026"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":18,"commentSize":11,"repostSize":1,"link":"https://laohu8.com/post/349594789","isVote":1,"tweetType":1,"viewCount":2125,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578105547721537","authorId":"3578105547721537","name":"袁丽萍","avatar":"https://static.tigerbbs.com/72128f72c28a4e189d5b8ebf12d3a8fb","crmLevel":2,"crmLevelSwitch":0,"idStr":"3578105547721537","authorIdStr":"3578105547721537"},"content":"这个股叫什么名","text":"这个股叫什么名","html":"这个股叫什么名"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":107416953,"gmtCreate":1620528582572,"gmtModify":1634198235518,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TUYA\">$涂鸦智能(TUYA)$</a>傷心絕望","listText":"<a href=\"https://laohu8.com/S/TUYA\">$涂鸦智能(TUYA)$</a>傷心絕望","text":"$涂鸦智能(TUYA)$傷心絕望","images":[{"img":"https://static.tigerbbs.com/35b39565a59012b65758ab26dd3faba6","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/107416953","isVote":1,"tweetType":1,"viewCount":1308,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578105547721537","authorId":"3578105547721537","name":"袁丽萍","avatar":"https://static.tigerbbs.com/72128f72c28a4e189d5b8ebf12d3a8fb","crmLevel":2,"crmLevelSwitch":0,"idStr":"3578105547721537","authorIdStr":"3578105547721537"},"content":"耐心等待，鸦子一定起飞","text":"耐心等待，鸦子一定起飞","html":"耐心等待，鸦子一定起飞"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":108759319,"gmtCreate":1620056672131,"gmtModify":1634208158740,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TUYA\">$Tuya Inc.(TUYA)$</a>😅😅","listText":"<a href=\"https://laohu8.com/S/TUYA\">$Tuya Inc.(TUYA)$</a>😅😅","text":"$Tuya Inc.(TUYA)$😅😅","images":[{"img":"https://static.tigerbbs.com/e6e6b3ada21ce6066a82be2747f2bd4c","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/108759319","isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":197899034,"gmtCreate":1621437409028,"gmtModify":1631886389726,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TUYA\">$Tuya Inc.(TUYA)$</a>努力加油","listText":"<a href=\"https://laohu8.com/S/TUYA\">$Tuya Inc.(TUYA)$</a>努力加油","text":"$Tuya Inc.(TUYA)$努力加油","images":[{"img":"https://static.tigerbbs.com/4358d7375c0a31369477ec1fbc80101b","width":"1170","height":"2260"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/197899034","isVote":1,"tweetType":1,"viewCount":859,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3444265759487002","authorId":"3444265759487002","name":"不如深","avatar":"https://static.tigerbbs.com/c0ddf40dd6eeef45d2e708dacc4f7e18","crmLevel":2,"crmLevelSwitch":0,"idStr":"3444265759487002","authorIdStr":"3444265759487002"},"content":"看到你，我心里平衡多了，原来有人陪我在山顶看风景。😁","text":"看到你，我心里平衡多了，原来有人陪我在山顶看风景。😁","html":"看到你，我心里平衡多了，原来有人陪我在山顶看风景。😁"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":370541626,"gmtCreate":1618615659665,"gmtModify":1634291804271,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>该不该离场？","listText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>该不该离场？","text":"$Sundial Growers Inc.(SNDL)$该不该离场？","images":[{"img":"https://static.tigerbbs.com/91a045053356e0cf018f92eb3fd8ed0f","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/370541626","isVote":1,"tweetType":1,"viewCount":1219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":194187509,"gmtCreate":1621348159101,"gmtModify":1634192240762,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"keep increase","listText":"keep increase","text":"keep increase","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/194187509","repostId":"1187196904","repostType":4,"repost":{"id":"1187196904","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621347134,"share":"https://ttm.financial/m/news/1187196904?lang=&edition=full","pubTime":"2021-05-18 22:12","market":"us","language":"en","title":"Tesla shares turn red to green","url":"https://stock-news.laohu8.com/highlight/detail?id=1187196904","media":"Tiger Newspress","summary":"Tesla rose in the short term, erasing the day's decline and turning up to $579.62.That followed news","content":"<p>Tesla rose in the short term, erasing the day's decline and turning up to $579.62.That followed news that investor Michael Burry of “The Big Short” fame&nbsp;had made a short bet&nbsp;against the automaker worth $534 billion.</p><p><img src=\"https://static.tigerbbs.com/b03901f770f00976d53de11a23ebd586\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares turn red to green</title>\n<style 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division.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden to nominate Uber executive to Justice Department post - statement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; 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Compensation Was $46.6 Million Versus $21.2 Million In 2019.Further Company Coverage: Tsla.O. ((Reuters.Briefs@Thomsonreuters.Com;)).</tsla.o></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Inc Says Technoking Of Tesla And CEO, Elon Musk's 2020 Total Compensation Was Nil Versus $23,760 In 2019 - SEC Filing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Inc Says Technoking Of Tesla And CEO, Elon Musk's 2020 Total Compensation Was Nil Versus $23,760 In 2019 - SEC Filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-08-14 04:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Tesla Inc <tsla.o>:Tesla Inc Says Technoking Of Tesla And Ceo, Elon Musk'S 2020 Total Compensation Was Nil Versus $23,760 In 2019 - Sec Filing.Tesla Inc Says Master Of Coin And Cfo, Zachary Kirkhorn'S 2020 Total Compensation Was $46.6 Million Versus $21.2 Million In 2019.Further Company Coverage: Tsla.O. ((Reuters.Briefs@Thomsonreuters.Com;)).</tsla.o></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CGEM":"Cullinan Therapeutics","SANA":"Sana Biotechnology, Inc.","LABP":"Landos Biopharma, Inc.","LHDX":"Lucira Health, Inc.","TSS":"Total System Services","TSLA":"特斯拉"},"source_url":"https://www.trkd.thomsonreuters.com","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159721520","content_text":"Tesla Inc :Tesla Inc Says Technoking Of Tesla And Ceo, Elon Musk'S 2020 Total Compensation Was Nil Versus $23,760 In 2019 - Sec Filing.Tesla Inc Says Master Of Coin And Cfo, Zachary Kirkhorn'S 2020 Total Compensation Was $46.6 Million Versus $21.2 Million In 2019.Further Company Coverage: Tsla.O. ((Reuters.Briefs@Thomsonreuters.Com;)).","news_type":1,"symbols_score_info":{"APR":1,"CGEM":1,"LABP":1,"LHDX":1,"SANA":1,"TSLA":1,"TSS":1}},"isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898747286,"gmtCreate":1628524948345,"gmtModify":1633746427311,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>加油加油💪","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>加油加油💪","text":"$Tiger Brokers(TIGR)$加油加油💪","images":[{"img":"https://static.tigerbbs.com/c46d65851a86406bc535d37535820c7b","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/898747286","isVote":1,"tweetType":1,"viewCount":1868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":893261160,"gmtCreate":1628265125050,"gmtModify":1633752094863,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>六六六","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>六六六","text":"$Tiger Brokers(TIGR)$六六六","images":[{"img":"https://static.tigerbbs.com/594fddf989b118c496ab31d0fe6fd576","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893261160","isVote":1,"tweetType":1,"viewCount":2554,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":186217313,"gmtCreate":1623501365832,"gmtModify":1631885982799,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TUYA\">$Tuya Inc.(TUYA)$</a>奇迹还会出现吗？🤣","listText":"<a href=\"https://laohu8.com/S/TUYA\">$Tuya Inc.(TUYA)$</a>奇迹还会出现吗？🤣","text":"$Tuya Inc.(TUYA)$奇迹还会出现吗？🤣","images":[{"img":"https://static.tigerbbs.com/02f6364d24d2da60521ee19b87b8434c","width":"1170","height":"2260"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/186217313","isVote":1,"tweetType":1,"viewCount":1164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":184036505,"gmtCreate":1623677639207,"gmtModify":1634030232326,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"厉害","listText":"厉害","text":"厉害","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/184036505","repostId":"2143609782","repostType":4,"repost":{"id":"2143609782","kind":"news","pubTimestamp":1623669938,"share":"https://ttm.financial/m/news/2143609782?lang=&edition=full","pubTime":"2021-06-14 19:25","market":"us","language":"en","title":"Novavax Soars As Its COVID-19 Vaccine Is Found 90% Effective, To Seek FDA OK","url":"https://stock-news.laohu8.com/highlight/detail?id=2143609782","media":"Investing.com","summary":"Investing.com -- Novavax (NASDAQ:NVAX) shares rose more than 10% in Monday’s premarket trading after","content":"<p>Investing.com -- Novavax (NASDAQ:NVAX) shares rose more than 10% in Monday’s premarket trading after the company said a phase-three trial had found its two-dose COVID-19 vaccine to be 90.4% effective.</p>\n<p>The trial had 29,960 participants across the U.S. and Mexico.</p>\n<p>The vaccine was found to be 100% effective in preventing moderate and severe infections and 93% effective against some variants, Novavax said. The company plans to file for approval with the Food and Drug Administration in the third quarter.</p>\n<p>Upon regulatory approvals, Novavax remains on track to reach manufacturing capacity of 100 million doses per month by the end of the third quarter and 150 million doses per month by the end of the fourth quarter of 2021, the company said in a release.</p>\n<p>Once authorized, the Novavax vaccine would join Pfizer BioNTech (NYSE:PFE) (NASDAQ:BNTX), Moderna (NASDAQ:MRNA) and Johnson&amp;Johnson (NYSE:JNJ), the three COVID-19 shots already approved for emergency use in the U.S.</p>\n<p>Barring J&amp;J’s, all are two-dose vaccines.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Novavax Soars As Its COVID-19 Vaccine Is Found 90% Effective, To Seek FDA OK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNovavax Soars As Its COVID-19 Vaccine Is Found 90% Effective, To Seek FDA OK\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 19:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/novavax-soars-covid-19-vaccine-063438092.html><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investing.com -- Novavax (NASDAQ:NVAX) shares rose more than 10% in Monday’s premarket trading after the company said a phase-three trial had found its two-dose COVID-19 vaccine to be 90.4% effective....</p>\n\n<a href=\"https://finance.yahoo.com/news/novavax-soars-covid-19-vaccine-063438092.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/novavax-soars-covid-19-vaccine-063438092.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2143609782","content_text":"Investing.com -- Novavax (NASDAQ:NVAX) shares rose more than 10% in Monday’s premarket trading after the company said a phase-three trial had found its two-dose COVID-19 vaccine to be 90.4% effective.\nThe trial had 29,960 participants across the U.S. and Mexico.\nThe vaccine was found to be 100% effective in preventing moderate and severe infections and 93% effective against some variants, Novavax said. The company plans to file for approval with the Food and Drug Administration in the third quarter.\nUpon regulatory approvals, Novavax remains on track to reach manufacturing capacity of 100 million doses per month by the end of the third quarter and 150 million doses per month by the end of the fourth quarter of 2021, the company said in a release.\nOnce authorized, the Novavax vaccine would join Pfizer BioNTech (NYSE:PFE) (NASDAQ:BNTX), Moderna (NASDAQ:MRNA) and Johnson&Johnson (NYSE:JNJ), the three COVID-19 shots already approved for emergency use in the U.S.\nBarring J&J’s, all are two-dose vaccines.","news_type":1,"symbols_score_info":{"BNTX":0.6,"JNJ":0.6,"NVAX":0.9}},"isVote":1,"tweetType":1,"viewCount":1418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":183676407,"gmtCreate":1623331284509,"gmtModify":1631888810757,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DBGI\">$Digital Brands Group, Inc.(DBGI)$</a>[Cry]&nbsp;[Cry]&nbsp;","listText":"<a href=\"https://laohu8.com/S/DBGI\">$Digital Brands Group, Inc.(DBGI)$</a>[Cry]&nbsp;[Cry]&nbsp;","text":"$Digital Brands Group, Inc.(DBGI)$[Cry] [Cry]","images":[{"img":"https://static.tigerbbs.com/63e6caeb7e7f0c3c119f5e28aa82046b","width":"1170","height":"2260"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/183676407","isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":104532991,"gmtCreate":1620397188813,"gmtModify":1634205521074,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TUYA\">$涂鸦智能(TUYA)$</a>好m用啊你","listText":"<a href=\"https://laohu8.com/S/TUYA\">$涂鸦智能(TUYA)$</a>好m用啊你","text":"$涂鸦智能(TUYA)$好m用啊你","images":[{"img":"https://static.tigerbbs.com/7945e70b06061d4bbe279b0189d1187e","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104532991","isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":376821858,"gmtCreate":1619103602774,"gmtModify":1634288518351,"author":{"id":"3576710554857370","authorId":"3576710554857370","name":"不懂哥93","avatar":"https://static.tigerbbs.com/3cf2f6de4ef4aa9b3509f7ad90ff4135","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576710554857370","authorIdStr":"3576710554857370"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>[LOL]&nbsp;[LOL]&nbsp;[LOL]&nbsp;","listText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>[LOL]&nbsp;[LOL]&nbsp;[LOL]&nbsp;","text":"$Sundial Growers Inc.(SNDL)$[LOL] [LOL] [LOL]","images":[{"img":"https://static.tigerbbs.com/c3387a8e4d7e65fd1eddf6f8aebe1165","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/376821858","isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}