Estherbunny的个人主页 - 老虎社区

Estherbunny

Estherbunny

暂无个人介绍

IP属地：未知

113关注

3粉丝

0主题

0勋章

2021-11-05

😁

@孟浩:摩根大通推荐了12只东南亚股票，你最看好谁？

2021-11-03

wow

NIO: Hop On For 100% Upside Potential<blockquote>蔚来：充分发挥 100% 的上涨潜力</blockquote>

2021-11-03

wow

抱歉，原内容已删除

2021-11-03

Nice

Microsoft Is a High-Quality Name with a Premium Price Tag<blockquote>微软是一个价格昂贵的高品质品牌</blockquote>

2021-11-03

a

抱歉，原内容已删除

2021-11-01

coolin?

抱歉，原内容已删除

2021-10-07

Can't stop wont stop game stop

2021-10-01

today is a good day

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"4095487021532720","uuid":"4095487021532720","gmtCreate":1632403652176,"gmtModify":1635344020264,"name":"Estherbunny","pinyin":"estherbunny","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":3,"headSize":113,"tweetSize":8,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-3","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"偶像虎友","description":"加入老虎社区1500天","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.04.22","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"228c86a078844d74991fff2b7ab2428d-2","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资总监虎","description":"证券账户累计交易金额达到30万美元","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.34%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"35ec162348d5460f88c959321e554969-3","templateUuid":"35ec162348d5460f88c959321e554969","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.08.13","exceedPercentage":"93.56%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.04.06","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":12,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":846213957,"gmtCreate":1636085083679,"gmtModify":1636085083841,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095487021532720","authorIdStr":"4095487021532720"},"themes":[],"title":"","htmlText":"😁","listText":"😁","text":"😁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846213957","repostId":"848224438","repostType":1,"repost":{"id":848224438,"gmtCreate":1636004387820,"gmtModify":1636010079497,"author":{"id":"58341441844653","authorId":"58341441844653","name":"孟浩","avatar":"https://static.tigerbbs.com/d3af5b59c3e4676ee72cb6e0fea0279b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"58341441844653","authorIdStr":"58341441844653"},"themes":[],"title":"摩根大通推荐了12只东南亚股票，你最看好谁？","htmlText":"摩根大通刚刚更新了11月的亚洲股票推荐清单，除了<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a> <a href=\"https://laohu8.com/S/D05.SI\">$星展集团控股(D05.SI)$</a> 之外，还有谁？让我们一起来看看，欢迎大家给我回复，说说哪个股票值得买入？<a href=\"https://laohu8.com/S/D05.SI\">$星展集团控股(D05.SI)$</a> ，相信虎友对它都很了解，是东南亚三大银行之一，也是新交所市值最大的公司，过去五年的平均股息达4.3%，过去十年的平均年化回报率达10%。摩根大通看好他的原因主要是因为其财务管理服务扩大，以及数字化程度提高。此外，星展银行曾预计到今年年底其加密货币交易规模将增加1倍。随着数字货币增长，未来3年每年将增长20%-30%。 <a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a> 是一家消费互联网公司。公司建立了一个集数字娱乐、电子商务、数字金融服务于一体的综合平台。Sea旗下三大业务包括数字游戏（Garena）、电子商务（Shopee）、数字金融（SeaMoney），其游戏与电商业务在东南亚位居龙头之位。摩根大通看好他的原因主要是因为其电商业务收入增长，亏损减少，此外Garena还推出自研「吃鸡」游戏FreeFire，从2017年开始持续贡献玩家与流水，成为最火热爆款游戏。截止2021年Q2，Garena季度活游戏用户规模达到7.25亿人，成为绝对的东南亚游戏市场龙头。 <a href=\"https://laohu8.com/S/AYALY\">$Ayala Corp.(AYALY)$</a> 是菲律宾历史最悠久、规模最大的企业集团。该公司拥有多种多样的商业利益，包括在零售、教育、房","listText":"摩根大通刚刚更新了11月的亚洲股票推荐清单，除了<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a> <a href=\"https://laohu8.com/S/D05.SI\">$星展集团控股(D05.SI)$</a> 之外，还有谁？让我们一起来看看，欢迎大家给我回复，说说哪个股票值得买入？<a href=\"https://laohu8.com/S/D05.SI\">$星展集团控股(D05.SI)$</a> ，相信虎友对它都很了解，是东南亚三大银行之一，也是新交所市值最大的公司，过去五年的平均股息达4.3%，过去十年的平均年化回报率达10%。摩根大通看好他的原因主要是因为其财务管理服务扩大，以及数字化程度提高。此外，星展银行曾预计到今年年底其加密货币交易规模将增加1倍。随着数字货币增长，未来3年每年将增长20%-30%。 <a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a> 是一家消费互联网公司。公司建立了一个集数字娱乐、电子商务、数字金融服务于一体的综合平台。Sea旗下三大业务包括数字游戏（Garena）、电子商务（Shopee）、数字金融（SeaMoney），其游戏与电商业务在东南亚位居龙头之位。摩根大通看好他的原因主要是因为其电商业务收入增长，亏损减少，此外Garena还推出自研「吃鸡」游戏FreeFire，从2017年开始持续贡献玩家与流水，成为最火热爆款游戏。截止2021年Q2，Garena季度活游戏用户规模达到7.25亿人，成为绝对的东南亚游戏市场龙头。 <a href=\"https://laohu8.com/S/AYALY\">$Ayala Corp.(AYALY)$</a> 是菲律宾历史最悠久、规模最大的企业集团。该公司拥有多种多样的商业利益，包括在零售、教育、房","text":"摩根大通刚刚更新了11月的亚洲股票推荐清单，除了$Sea Ltd(SE)$ $星展集团控股(D05.SI)$ 之外，还有谁？让我们一起来看看，欢迎大家给我回复，说说哪个股票值得买入？$星展集团控股(D05.SI)$ ，相信虎友对它都很了解，是东南亚三大银行之一，也是新交所市值最大的公司，过去五年的平均股息达4.3%，过去十年的平均年化回报率达10%。摩根大通看好他的原因主要是因为其财务管理服务扩大，以及数字化程度提高。此外，星展银行曾预计到今年年底其加密货币交易规模将增加1倍。随着数字货币增长，未来3年每年将增长20%-30%。 $Sea Ltd(SE)$ 是一家消费互联网公司。公司建立了一个集数字娱乐、电子商务、数字金融服务于一体的综合平台。Sea旗下三大业务包括数字游戏（Garena）、电子商务（Shopee）、数字金融（SeaMoney），其游戏与电商业务在东南亚位居龙头之位。摩根大通看好他的原因主要是因为其电商业务收入增长，亏损减少，此外Garena还推出自研「吃鸡」游戏FreeFire，从2017年开始持续贡献玩家与流水，成为最火热爆款游戏。截止2021年Q2，Garena季度活游戏用户规模达到7.25亿人，成为绝对的东南亚游戏市场龙头。 $Ayala Corp.(AYALY)$ 是菲律宾历史最悠久、规模最大的企业集团。该公司拥有多种多样的商业利益，包括在零售、教育、房","images":[{"img":"https://static.tigerbbs.com/1d72d6388c6dc948eadb0f1e457bbbeb","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848224438","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3833,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841434488,"gmtCreate":1635932761935,"gmtModify":1635932850926,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095487021532720","authorIdStr":"4095487021532720"},"themes":[],"title":"","htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841434488","repostId":"1194982054","repostType":4,"repost":{"id":"1194982054","kind":"news","pubTimestamp":1635932371,"share":"https://www.laohunote.com/m/news/1194982054?lang=zh_CN&edition=full","pubTime":"2021-11-03 17:39","market":"us","language":"en","title":"NIO: Hop On For 100% Upside Potential<blockquote>蔚来：充分发挥 100% 的上涨潜力</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194982054","media":"Seeking Alpha","summary":"Summary\n\nNIO released disappointing October deliveries, despite strong demand.\nThough there are shor","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>NIO released disappointing October deliveries, despite strong demand.</li>  <li>Though there are short-term headwinds, NIO's long-term growth prospects continue to be good.</li>  <li>I estimate the stock could double in price in the next 2 years.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c0953fe30e0f3f44b551e2b2196bc0a4\" tg-width=\"1536\" tg-height=\"1152\" width=\"100%\" height=\"auto\"><span>Sezeryadigar/E+ via Getty Images</span></p><p><blockquote><ul><li>尽管需求强劲，蔚来公布的 10 月份交付量令人失望。</li><li>尽管存在短期阻力，但蔚来汽车的长期增长前景依然良好。</li><li>我估计该股的价格在未来两年内可能会翻一番。</li></ul><p class=\"t-img-caption\"><span>SeriaDigar/E+ 来自 Getty Images</span></p></blockquote></p><p> <b>Thesis Summary</b></p><p><blockquote><b>论文总结</b></blockquote></p><p> NIO Inc. (NIO) is one of the fastest Chinese EV companies, with ambitious plans to expand globally. However, recent production figures for October have been unimpressive, sending the stock back under $40/share. But this does not change the long-term prospects of the company. I believe NIO’s shares could easily double in the next 12 months based on my valuation.</p><p><blockquote>蔚来（蔚来）是中国发展最快的电动汽车公司之一，拥有雄心勃勃的全球扩张计划。然而，最近 10 月份的生产数据并不令人印象深刻，导致该股回到每股 40 美元以下。但这并没有改变公司的长期前景。根据我的估值，我相信蔚来的股价在未来 12 个月内很容易翻一番。</blockquote></p><p> <b>Short-term headwinds</b></p><p><blockquote><b>短期逆风</b></blockquote></p><p> NIO Inc. just reported its&nbsp;deliveries for October,leaving investors anything but pleased. Overall, the company delivered 3,6677 vehicles, which was down 27.5% YoY. Though these headline numbers are disappointing, they are not the result of a slump in demand, as much as what I consider to be temporary headwinds. NIO cited “restructuring and manufacturing of upgrade lines” as the main reasons behind the decrease in deliveries. This does seem like a compelling argument, especially when we consider that new orders reached an all-time high in October.</p><p><blockquote>蔚来刚刚公布了 10 月份的交付情况， 这让投资者很不高兴。总体而言，该公司交付了3,6677辆汽车，同比下降27.5%。尽管这些总体数字令人失望，但它们并不是需求下滑的结果，而是我认为暂时的阻力。蔚来认为 “升级生产线的重组和制造 ”是交付量下降的主要原因。这似乎确实是一个令人信服的论点，尤其是当我们考虑到10月份新订单达到历史新高时。</blockquote></p><p> So the real question would be, how much of an impact will these manufacturing upgrades have? Will we see them affect next month's numbers? And is there more that the company might not be telling us?</p><p><blockquote>所以真正的问题是，这些制造业升级会产生多大影响？我们会看到它们影响下个月的数字吗？公司还有什么没有告诉我们的吗？</blockquote></p><p> It is important to point out that, whatever happened to NIO in the last month, seems to be an isolated event. Rivals like Li Auto (LI) and XPeng Inc. (XPEV) delivered&nbsp;month-on-month increases.Though chip shortages and'' supply constraints” have surely had an impact on all these companies, NIO’s rivals seem to have fared better. Having said that, I do believe NIO will overcome these short-term headwinds, and still holds the most promise looking forward.</p><p><blockquote>重要的是要指出，无论上个月蔚来发生了什么，似乎都是一个孤立的事件。理想汽车 (LI) 和小鹏汽车 (XPEV) 等竞争对手实现了环比增长。虽然芯片短缺和 “供应限制 ”肯定对所有这些公司都产生了影响，但蔚来的竞争对手似乎表现得更好。话虽如此，我确实相信蔚来会克服这些短期阻力，并且仍然拥有最大的前景。</blockquote></p><p> <b>Long-term tailwinds</b></p><p><blockquote><b>长期顺风</b></blockquote></p><p> Despite the poor monthly results, the long-term prospects of NIO remain attractive, nothing has changed there. The issue of manufacturing has been widely discussed since NIO doesn’t have its production facilities yet. However, back in May,NIO renewed its agreement&nbsp;with Jianghuai Automobile Group Co (JAC). Through this agreement, NIO expects to double its production, up to 240,000 units per year from now to 2024.</p><p><blockquote>尽管月度业绩不佳，但蔚来的长期前景仍然有吸引力，那里没有任何变化。由于蔚来还没有自己的生产设施，制造业问题一直被广泛讨论。然而，早在5月份，蔚来汽车就与江淮汽车集团有限公司（JAC）续签了协议。通过这项协议，蔚来预计从现在到2024年将产量翻一番，达到每年24万辆。</blockquote></p><p> More importantly though, NIO has even more ambitious plans in the future, since the company will be spearheading the construction of the Neo Park, an industrial cluster for EVs based in the city of Hefei.</p><p><blockquote>但更重要的是，蔚来未来有更加雄心勃勃的计划，因为该公司将牵头建设位于合肥市的电动汽车产业集群 Neo Park。</blockquote></p><p>   Neo Park in the capital of Anhui province will have production capacities for one million electric cars and 100 GWh of batteries per year on an area of 11.3 square kilometres, as well as research and development facilities, according to Chinese media reports on the start of construction. More than 50,000 jobs are planned, including more than 10,000 in research and development. The initial investment is 50 billion yuan (about 6.4 billion euros).  Source:Electrive.com</p><p><blockquote>据中国媒体报道，位于安徽省省会的Neo Park将在11.3平方公里的土地上拥有每年100万辆电动汽车和100吉瓦时电池的生产能力，以及研发设施。计划提供5万多个就业岗位，其中研发岗位1万多个。初期投资500亿元人民币（约合64亿欧元）。来源：Electrive.com</blockquote></p><p> For these reasons, I am not concerned when it comes to NIO’s long-term production capabilities.</p><p><blockquote>出于这些原因，我并不担心蔚来的长期生产能力。</blockquote></p><p> The other significant tailwind for NIO is its impending international expansion. NIO is already doing very well in China, as new orders are still holding strong even in October. It is true though that NIO faces intense competition in this area, few of the up and coming Chinese EV companies have any current plans for international expansion, which NIO does.</p><p><blockquote>蔚来的另一个重要推动力是其即将进行的国际扩张。蔚来在中国的表现已经非常好，即使在10月份，新订单仍然强劲。诚然，尽管蔚来在这一领域面临激烈的竞争，但很少有新兴的中国电动汽车公司有任何国际扩张计划，而蔚来有这样的计划。</blockquote></p><p> NIO&nbsp;launched its ES8 in Norway&nbsp;one month ago, on the 1st of October, and this might also be partly behind the recent slowdown in production. NIO has shifted its focus towards this region, as it seeks to get a foot into Europe’s largest EV market. NIO has also brought its “lifestyle brand” to Norway, opening up a NIO House in Oslo, and partnering up with two local artists, Anette Moi and Sandra Blikas, to launch its NIO Norway collection. The company plans to expand from Oslo and have 20 NIO Power stations in Oslo by the end of 2022. Though these are ambitious plans, it's important to note that revenues and sales from Norway are not expected to be sizable during this first phase.</p><p><blockquote>一个月前，即10月1日，蔚来在挪威推出了ES8，这可能也是近期产量放缓的部分原因。蔚来已将重心转向该地区，寻求进入欧洲最大的电动汽车市场。蔚来还将其 “生活方式品牌 ”带到了挪威，在奥斯陆开设了一家蔚来之家，并与两位当地艺术家 Anette Moi 和 Sandra Blikas 合作推出了蔚来挪威系列。该公司计划从奥斯陆扩张，到2022年底在奥斯陆拥有20座蔚来发电站。尽管这些都是雄心勃勃的计划，但值得注意的是，在第一阶段，挪威的收入和销售额预计不会很大。</blockquote></p><p>   Regarding the delivery in Norway, we believe for this year, the contribution is not going to be that significant because our priority is to make sure we can ensure high user satisfaction in the Norway market by building our brand, expanding our sales and service network.  Source:William Bin Li, CEO, NIO Q2 2021 earnings conference call</p><p><blockquote>关于在挪威的交付，我们相信今年的贡献不会那么大，因为我们的首要任务是通过建立我们的品牌、扩大我们的销售和服务网络，确保我们能够确保挪威市场的高用户满意度。资料来源：William Bin Li，蔚来首席执行官 2021 年第二季度收益电话会议</blockquote></p><p> Ultimately though, NIO is laying the groundwork for prolonged long-term success, growing both its brand and production capacity.</p><p><blockquote>但最终，蔚来正在为长期成功奠定基础，扩大其品牌和产能。</blockquote></p><p> <b>Valuation</b></p><p><blockquote><b>估值</b></blockquote></p><p></p><p> NIO is a fast-growing company in the EV sector, and while high revenue growth is expected, profitability is still far away. With that said, I believe the most adequate way to value such a company is by utilising a Price/Sales ratio. Using current analyst estimates from Seeking Alpha, and assuming a future rate of dilution and multiple, we can arrive at a target price for NIO.</p><p><blockquote>蔚来是电动汽车领域一家快速增长的公司，虽然预计收入将高增长，但盈利能力仍很遥远。话虽如此，我认为对这样一家公司进行估值的最合适方法是利用市销率。使用 Seeking Alpha 当前分析师的估计，并假设未来的稀释率和倍数，我们可以得出蔚来的目标价。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a669b2529a958cabb360b2325d1781a2\" tg-width=\"1280\" tg-height=\"612\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：Seeking Alpha</span></p></blockquote></p><p> Let’s take the year 2023, which has estimates by 20 analysts, giving us a reasonable margin of safety. Estimates for 2023 range from $10,66B to $17,61B. I’ll use a conservative middle range number of $14B. December 2022 is about 2 years away, so we should also take into account some share dilution. Let’s assume a generous 6% rate of dilution, putting NIO’s outstanding shares close to 2B. Assuming a P/S ratio of 12, slightly below today’s, we would achieve a target price of $84/share. This is over twice today’s price, a 100% possible gain in slightly over two years.</p><p><blockquote>以 2023 年为例，20 位分析师对这一年的预测为我们提供了一个合理的安全边际。2023 年的预计范围为 $10,66B 至 $17,61B。我将使用 140 亿美元的保守中间数字。距离2022年12月还有大约2年，所以我们也应该考虑一些股票稀释。假设稀释率为 6%，蔚来的流通股接近 2B。假设市盈率为 12，略低于今天的市盈率，我们将实现 84 美元/股的目标价。这是今天价格的两倍多，在两年多一点的时间里有 100% 的可能上涨。</blockquote></p><p> <b>Risks</b></p><p><blockquote><b>风险</b></blockquote></p><p> Although I am bullish on NIO and the EV sector, there are important risk factors that we must take into account.</p><p><blockquote>尽管我看好蔚来和电动汽车行业，但我们必须考虑一些重要的风险因素。</blockquote></p><p> For starters, there is the persistent threat of chip shortages. CNBC recently reported that the shortage could last until 2023, which would certainly put a dampener on worldwide production.</p><p><blockquote>首先，芯片短缺的威胁持续存在。CNBC 最近报道称，短缺可能会持续到 2023 年，这肯定会抑制全球产量。</blockquote></p><p> Another important but less discussed issue, though, is the fact that large quantities of lithium are required to produce the batteries that power EVs. In the last year, lithium prices&nbsp;have more than quadrupled, and this may become an issue moving forward. Higher lithium prices will either limit production or hurt margins, neither of which is a good outcome for EV makers.</p><p><blockquote>然而，另一个重要但讨论较少的问题是，生产为电动汽车供电的电池需要大量的锂。去年，锂价翻了两番多，这可能会成为未来的一个问题。锂价格上涨要么会限制产量，要么会损害利润率，这对于电动汽车制造商来说都不是一个好结果。</blockquote></p><p> Lastly, NIO, together with other Chinese EV companies, may&nbsp;faces the&nbsp;threat of regulation. </p><p><blockquote>最后，蔚来和其他中国电动汽车公司可能面临监管威胁。</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> In conclusion, NIO is at these prices one of my highest conviction plays. $40/share is a great place to accumulate given the increased interest by both investors and consumers in the EV space. NIO is my favourite company both home and abroad, given its growth plans and a strong emphasis on building brand value. The current headwinds will be temporary, and growth will resume soon.</p><p><blockquote>总之，在这些价格下，蔚来是我最信服的戏剧之一。鉴于投资者和消费者对电动汽车领域越来越感兴趣，每股 40 美元是一个很好的积累场所。蔚来是我在国内外最喜欢的公司，因为它的增长计划和对建立品牌价值的高度重视。当前的逆风将是暂时的，增长将很快恢复。</blockquote></p><p></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>NIO: Hop On For 100% Upside Potential<blockquote>蔚来：充分发挥 100% 的上涨潜力</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nNIO: Hop On For 100% Upside Potential<blockquote>蔚来：充分发挥 100% 的上涨潜力</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-11-03 17:39</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>NIO released disappointing October deliveries, despite strong demand.</li>  <li>Though there are short-term headwinds, NIO's long-term growth prospects continue to be good.</li>  <li>I estimate the stock could double in price in the next 2 years.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c0953fe30e0f3f44b551e2b2196bc0a4\" tg-width=\"1536\" tg-height=\"1152\" width=\"100%\" height=\"auto\"><span>Sezeryadigar/E+ via Getty Images</span></p><p><blockquote><ul><li>尽管需求强劲，蔚来公布的 10 月份交付量令人失望。</li><li>尽管存在短期阻力，但蔚来汽车的长期增长前景依然良好。</li><li>我估计该股的价格在未来两年内可能会翻一番。</li></ul><p class=\"t-img-caption\"><span>SeriaDigar/E+ 来自 Getty Images</span></p></blockquote></p><p> <b>Thesis Summary</b></p><p><blockquote><b>论文总结</b></blockquote></p><p> NIO Inc. (NIO) is one of the fastest Chinese EV companies, with ambitious plans to expand globally. However, recent production figures for October have been unimpressive, sending the stock back under $40/share. But this does not change the long-term prospects of the company. I believe NIO’s shares could easily double in the next 12 months based on my valuation.</p><p><blockquote>蔚来（蔚来）是中国发展最快的电动汽车公司之一，拥有雄心勃勃的全球扩张计划。然而，最近 10 月份的生产数据并不令人印象深刻，导致该股回到每股 40 美元以下。但这并没有改变公司的长期前景。根据我的估值，我相信蔚来的股价在未来 12 个月内很容易翻一番。</blockquote></p><p> <b>Short-term headwinds</b></p><p><blockquote><b>短期逆风</b></blockquote></p><p> NIO Inc. just reported its&nbsp;deliveries for October,leaving investors anything but pleased. Overall, the company delivered 3,6677 vehicles, which was down 27.5% YoY. Though these headline numbers are disappointing, they are not the result of a slump in demand, as much as what I consider to be temporary headwinds. NIO cited “restructuring and manufacturing of upgrade lines” as the main reasons behind the decrease in deliveries. This does seem like a compelling argument, especially when we consider that new orders reached an all-time high in October.</p><p><blockquote>蔚来刚刚公布了 10 月份的交付情况， 这让投资者很不高兴。总体而言，该公司交付了3,6677辆汽车，同比下降27.5%。尽管这些总体数字令人失望，但它们并不是需求下滑的结果，而是我认为暂时的阻力。蔚来认为 “升级生产线的重组和制造 ”是交付量下降的主要原因。这似乎确实是一个令人信服的论点，尤其是当我们考虑到10月份新订单达到历史新高时。</blockquote></p><p> So the real question would be, how much of an impact will these manufacturing upgrades have? Will we see them affect next month's numbers? And is there more that the company might not be telling us?</p><p><blockquote>所以真正的问题是，这些制造业升级会产生多大影响？我们会看到它们影响下个月的数字吗？公司还有什么没有告诉我们的吗？</blockquote></p><p> It is important to point out that, whatever happened to NIO in the last month, seems to be an isolated event. Rivals like Li Auto (LI) and XPeng Inc. (XPEV) delivered&nbsp;month-on-month increases.Though chip shortages and'' supply constraints” have surely had an impact on all these companies, NIO’s rivals seem to have fared better. Having said that, I do believe NIO will overcome these short-term headwinds, and still holds the most promise looking forward.</p><p><blockquote>重要的是要指出，无论上个月蔚来发生了什么，似乎都是一个孤立的事件。理想汽车 (LI) 和小鹏汽车 (XPEV) 等竞争对手实现了环比增长。虽然芯片短缺和 “供应限制 ”肯定对所有这些公司都产生了影响，但蔚来的竞争对手似乎表现得更好。话虽如此，我确实相信蔚来会克服这些短期阻力，并且仍然拥有最大的前景。</blockquote></p><p> <b>Long-term tailwinds</b></p><p><blockquote><b>长期顺风</b></blockquote></p><p> Despite the poor monthly results, the long-term prospects of NIO remain attractive, nothing has changed there. The issue of manufacturing has been widely discussed since NIO doesn’t have its production facilities yet. However, back in May,NIO renewed its agreement&nbsp;with Jianghuai Automobile Group Co (JAC). Through this agreement, NIO expects to double its production, up to 240,000 units per year from now to 2024.</p><p><blockquote>尽管月度业绩不佳，但蔚来的长期前景仍然有吸引力，那里没有任何变化。由于蔚来还没有自己的生产设施，制造业问题一直被广泛讨论。然而，早在5月份，蔚来汽车就与江淮汽车集团有限公司（JAC）续签了协议。通过这项协议，蔚来预计从现在到2024年将产量翻一番，达到每年24万辆。</blockquote></p><p> More importantly though, NIO has even more ambitious plans in the future, since the company will be spearheading the construction of the Neo Park, an industrial cluster for EVs based in the city of Hefei.</p><p><blockquote>但更重要的是，蔚来未来有更加雄心勃勃的计划，因为该公司将牵头建设位于合肥市的电动汽车产业集群 Neo Park。</blockquote></p><p>   Neo Park in the capital of Anhui province will have production capacities for one million electric cars and 100 GWh of batteries per year on an area of 11.3 square kilometres, as well as research and development facilities, according to Chinese media reports on the start of construction. More than 50,000 jobs are planned, including more than 10,000 in research and development. The initial investment is 50 billion yuan (about 6.4 billion euros).  Source:Electrive.com</p><p><blockquote>据中国媒体报道，位于安徽省省会的Neo Park将在11.3平方公里的土地上拥有每年100万辆电动汽车和100吉瓦时电池的生产能力，以及研发设施。计划提供5万多个就业岗位，其中研发岗位1万多个。初期投资500亿元人民币（约合64亿欧元）。来源：Electrive.com</blockquote></p><p> For these reasons, I am not concerned when it comes to NIO’s long-term production capabilities.</p><p><blockquote>出于这些原因，我并不担心蔚来的长期生产能力。</blockquote></p><p> The other significant tailwind for NIO is its impending international expansion. NIO is already doing very well in China, as new orders are still holding strong even in October. It is true though that NIO faces intense competition in this area, few of the up and coming Chinese EV companies have any current plans for international expansion, which NIO does.</p><p><blockquote>蔚来的另一个重要推动力是其即将进行的国际扩张。蔚来在中国的表现已经非常好，即使在10月份，新订单仍然强劲。诚然，尽管蔚来在这一领域面临激烈的竞争，但很少有新兴的中国电动汽车公司有任何国际扩张计划，而蔚来有这样的计划。</blockquote></p><p> NIO&nbsp;launched its ES8 in Norway&nbsp;one month ago, on the 1st of October, and this might also be partly behind the recent slowdown in production. NIO has shifted its focus towards this region, as it seeks to get a foot into Europe’s largest EV market. NIO has also brought its “lifestyle brand” to Norway, opening up a NIO House in Oslo, and partnering up with two local artists, Anette Moi and Sandra Blikas, to launch its NIO Norway collection. The company plans to expand from Oslo and have 20 NIO Power stations in Oslo by the end of 2022. Though these are ambitious plans, it's important to note that revenues and sales from Norway are not expected to be sizable during this first phase.</p><p><blockquote>一个月前，即10月1日，蔚来在挪威推出了ES8，这可能也是近期产量放缓的部分原因。蔚来已将重心转向该地区，寻求进入欧洲最大的电动汽车市场。蔚来还将其 “生活方式品牌 ”带到了挪威，在奥斯陆开设了一家蔚来之家，并与两位当地艺术家 Anette Moi 和 Sandra Blikas 合作推出了蔚来挪威系列。该公司计划从奥斯陆扩张，到2022年底在奥斯陆拥有20座蔚来发电站。尽管这些都是雄心勃勃的计划，但值得注意的是，在第一阶段，挪威的收入和销售额预计不会很大。</blockquote></p><p>   Regarding the delivery in Norway, we believe for this year, the contribution is not going to be that significant because our priority is to make sure we can ensure high user satisfaction in the Norway market by building our brand, expanding our sales and service network.  Source:William Bin Li, CEO, NIO Q2 2021 earnings conference call</p><p><blockquote>关于在挪威的交付，我们相信今年的贡献不会那么大，因为我们的首要任务是通过建立我们的品牌、扩大我们的销售和服务网络，确保我们能够确保挪威市场的高用户满意度。资料来源：William Bin Li，蔚来首席执行官 2021 年第二季度收益电话会议</blockquote></p><p> Ultimately though, NIO is laying the groundwork for prolonged long-term success, growing both its brand and production capacity.</p><p><blockquote>但最终，蔚来正在为长期成功奠定基础，扩大其品牌和产能。</blockquote></p><p> <b>Valuation</b></p><p><blockquote><b>估值</b></blockquote></p><p></p><p> NIO is a fast-growing company in the EV sector, and while high revenue growth is expected, profitability is still far away. With that said, I believe the most adequate way to value such a company is by utilising a Price/Sales ratio. Using current analyst estimates from Seeking Alpha, and assuming a future rate of dilution and multiple, we can arrive at a target price for NIO.</p><p><blockquote>蔚来是电动汽车领域一家快速增长的公司，虽然预计收入将高增长，但盈利能力仍很遥远。话虽如此，我认为对这样一家公司进行估值的最合适方法是利用市销率。使用 Seeking Alpha 当前分析师的估计，并假设未来的稀释率和倍数，我们可以得出蔚来的目标价。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a669b2529a958cabb360b2325d1781a2\" tg-width=\"1280\" tg-height=\"612\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：Seeking Alpha</span></p></blockquote></p><p> Let’s take the year 2023, which has estimates by 20 analysts, giving us a reasonable margin of safety. Estimates for 2023 range from $10,66B to $17,61B. I’ll use a conservative middle range number of $14B. December 2022 is about 2 years away, so we should also take into account some share dilution. Let’s assume a generous 6% rate of dilution, putting NIO’s outstanding shares close to 2B. Assuming a P/S ratio of 12, slightly below today’s, we would achieve a target price of $84/share. This is over twice today’s price, a 100% possible gain in slightly over two years.</p><p><blockquote>以 2023 年为例，20 位分析师对这一年的预测为我们提供了一个合理的安全边际。2023 年的预计范围为 $10,66B 至 $17,61B。我将使用 140 亿美元的保守中间数字。距离2022年12月还有大约2年，所以我们也应该考虑一些股票稀释。假设稀释率为 6%，蔚来的流通股接近 2B。假设市盈率为 12，略低于今天的市盈率，我们将实现 84 美元/股的目标价。这是今天价格的两倍多，在两年多一点的时间里有 100% 的可能上涨。</blockquote></p><p> <b>Risks</b></p><p><blockquote><b>风险</b></blockquote></p><p> Although I am bullish on NIO and the EV sector, there are important risk factors that we must take into account.</p><p><blockquote>尽管我看好蔚来和电动汽车行业，但我们必须考虑一些重要的风险因素。</blockquote></p><p> For starters, there is the persistent threat of chip shortages. CNBC recently reported that the shortage could last until 2023, which would certainly put a dampener on worldwide production.</p><p><blockquote>首先，芯片短缺的威胁持续存在。CNBC 最近报道称，短缺可能会持续到 2023 年，这肯定会抑制全球产量。</blockquote></p><p> Another important but less discussed issue, though, is the fact that large quantities of lithium are required to produce the batteries that power EVs. In the last year, lithium prices&nbsp;have more than quadrupled, and this may become an issue moving forward. Higher lithium prices will either limit production or hurt margins, neither of which is a good outcome for EV makers.</p><p><blockquote>然而，另一个重要但讨论较少的问题是，生产为电动汽车供电的电池需要大量的锂。去年，锂价翻了两番多，这可能会成为未来的一个问题。锂价格上涨要么会限制产量，要么会损害利润率，这对于电动汽车制造商来说都不是一个好结果。</blockquote></p><p> Lastly, NIO, together with other Chinese EV companies, may&nbsp;faces the&nbsp;threat of regulation. </p><p><blockquote>最后，蔚来和其他中国电动汽车公司可能面临监管威胁。</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> In conclusion, NIO is at these prices one of my highest conviction plays. $40/share is a great place to accumulate given the increased interest by both investors and consumers in the EV space. NIO is my favourite company both home and abroad, given its growth plans and a strong emphasis on building brand value. The current headwinds will be temporary, and growth will resume soon.</p><p><blockquote>总之，在这些价格下，蔚来是我最信服的戏剧之一。鉴于投资者和消费者对电动汽车领域越来越感兴趣，每股 40 美元是一个很好的积累场所。蔚来是我在国内外最喜欢的公司，因为它的增长计划和对建立品牌价值的高度重视。当前的逆风将是暂时的，增长将很快恢复。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4464339-nio-hop-on-for-100-percent-upside-potential\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4464339-nio-hop-on-for-100-percent-upside-potential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194982054","content_text":"Summary\n\nNIO released disappointing October deliveries, despite strong demand.\nThough there are short-term headwinds, NIO's long-term growth prospects continue to be good.\nI estimate the stock could double in price in the next 2 years.\n\nSezeryadigar/E+ via Getty Images\nThesis Summary\nNIO Inc. (NIO) is one of the fastest Chinese EV companies, with ambitious plans to expand globally. However, recent production figures for October have been unimpressive, sending the stock back under $40/share. But this does not change the long-term prospects of the company. I believe NIO’s shares could easily double in the next 12 months based on my valuation.\nShort-term headwinds\nNIO Inc. just reported its deliveries for October,leaving investors anything but pleased. Overall, the company delivered 3,6677 vehicles, which was down 27.5% YoY. Though these headline numbers are disappointing, they are not the result of a slump in demand, as much as what I consider to be temporary headwinds. NIO cited “restructuring and manufacturing of upgrade lines” as the main reasons behind the decrease in deliveries. This does seem like a compelling argument, especially when we consider that new orders reached an all-time high in October.\nSo the real question would be, how much of an impact will these manufacturing upgrades have? Will we see them affect next month's numbers? And is there more that the company might not be telling us?\nIt is important to point out that, whatever happened to NIO in the last month, seems to be an isolated event. Rivals like Li Auto (LI) and XPeng Inc. (XPEV) delivered month-on-month increases.Though chip shortages and'' supply constraints” have surely had an impact on all these companies, NIO’s rivals seem to have fared better. Having said that, I do believe NIO will overcome these short-term headwinds, and still holds the most promise looking forward.\nLong-term tailwinds\nDespite the poor monthly results, the long-term prospects of NIO remain attractive, nothing has changed there. The issue of manufacturing has been widely discussed since NIO doesn’t have its production facilities yet. However, back in May,NIO renewed its agreement with Jianghuai Automobile Group Co (JAC). Through this agreement, NIO expects to double its production, up to 240,000 units per year from now to 2024.\nMore importantly though, NIO has even more ambitious plans in the future, since the company will be spearheading the construction of the Neo Park, an industrial cluster for EVs based in the city of Hefei.\n\n Neo Park in the capital of Anhui province will have production capacities for one million electric cars and 100 GWh of batteries per year on an area of 11.3 square kilometres, as well as research and development facilities, according to Chinese media reports on the start of construction. More than 50,000 jobs are planned, including more than 10,000 in research and development. The initial investment is 50 billion yuan (about 6.4 billion euros).\n\nSource:Electrive.com\nFor these reasons, I am not concerned when it comes to NIO’s long-term production capabilities.\nThe other significant tailwind for NIO is its impending international expansion. NIO is already doing very well in China, as new orders are still holding strong even in October. It is true though that NIO faces intense competition in this area, few of the up and coming Chinese EV companies have any current plans for international expansion, which NIO does.\nNIO launched its ES8 in Norway one month ago, on the 1st of October, and this might also be partly behind the recent slowdown in production. NIO has shifted its focus towards this region, as it seeks to get a foot into Europe’s largest EV market. NIO has also brought its “lifestyle brand” to Norway, opening up a NIO House in Oslo, and partnering up with two local artists, Anette Moi and Sandra Blikas, to launch its NIO Norway collection. The company plans to expand from Oslo and have 20 NIO Power stations in Oslo by the end of 2022. Though these are ambitious plans, it's important to note that revenues and sales from Norway are not expected to be sizable during this first phase.\n\n Regarding the delivery in Norway, we believe for this year, the contribution is not going to be that significant because our priority is to make sure we can ensure high user satisfaction in the Norway market by building our brand, expanding our sales and service network.\n\nSource:William Bin Li, CEO, NIO Q2 2021 earnings conference call\nUltimately though, NIO is laying the groundwork for prolonged long-term success, growing both its brand and production capacity.\nValuation\nNIO is a fast-growing company in the EV sector, and while high revenue growth is expected, profitability is still far away. With that said, I believe the most adequate way to value such a company is by utilising a Price/Sales ratio. Using current analyst estimates from Seeking Alpha, and assuming a future rate of dilution and multiple, we can arrive at a target price for NIO.\nSource: Seeking Alpha\nLet’s take the year 2023, which has estimates by 20 analysts, giving us a reasonable margin of safety. Estimates for 2023 range from $10,66B to $17,61B. I’ll use a conservative middle range number of $14B. December 2022 is about 2 years away, so we should also take into account some share dilution. Let’s assume a generous 6% rate of dilution, putting NIO’s outstanding shares close to 2B. Assuming a P/S ratio of 12, slightly below today’s, we would achieve a target price of $84/share. This is over twice today’s price, a 100% possible gain in slightly over two years.\nRisks\nAlthough I am bullish on NIO and the EV sector, there are important risk factors that we must take into account.\nFor starters, there is the persistent threat of chip shortages. CNBC recently reported that the shortage could last until 2023, which would certainly put a dampener on worldwide production.\nAnother important but less discussed issue, though, is the fact that large quantities of lithium are required to produce the batteries that power EVs. In the last year, lithium prices have more than quadrupled, and this may become an issue moving forward. Higher lithium prices will either limit production or hurt margins, neither of which is a good outcome for EV makers.\nLastly, NIO, together with other Chinese EV companies, may faces the threat of regulation. \nTakeaway\nIn conclusion, NIO is at these prices one of my highest conviction plays. $40/share is a great place to accumulate given the increased interest by both investors and consumers in the EV space. NIO is my favourite company both home and abroad, given its growth plans and a strong emphasis on building brand value. The current headwinds will be temporary, and growth will resume soon.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":2505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841434874,"gmtCreate":1635932739512,"gmtModify":1635932849881,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095487021532720","authorIdStr":"4095487021532720"},"themes":[],"title":"","htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841434874","repostId":"1137621901","repostType":4,"isVote":1,"tweetType":1,"viewCount":2063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841438024,"gmtCreate":1635932271363,"gmtModify":1635932284251,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095487021532720","authorIdStr":"4095487021532720"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/841438024","repostId":"1104890335","repostType":4,"repost":{"id":"1104890335","kind":"news","pubTimestamp":1635931950,"share":"https://www.laohunote.com/m/news/1104890335?lang=zh_CN&edition=full","pubTime":"2021-11-03 17:32","market":"us","language":"en","title":"Microsoft Is a High-Quality Name with a Premium Price Tag<blockquote>微软是一个价格昂贵的高品质品牌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104890335","media":"InvestorPlace","summary":"MSFT stock sports solid profitability and growth -- but that comes at a cost","content":"<p><div> Microsoft (NASDAQ:MSFT) is one of the premier tech giants on the market. The company has solid fundamentals and some special features that make investors happy, such as buybacks and dividend increases...</p><p><blockquote><div>微软（纳斯达克股票代码：MSFT）是市场上领先的科技巨头之一。该公司拥有坚实的基本面和一些让投资者满意的特殊功能，例如回购和增加股息……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","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>Microsoft Is a High-Quality Name with a Premium Price Tag<blockquote>微软是一个价格昂贵的高品质品牌</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nMicrosoft Is a High-Quality Name with a Premium Price Tag<blockquote>微软是一个价格昂贵的高品质品牌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-11-03 17:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Microsoft (NASDAQ:MSFT) is one of the premier tech giants on the market. The company has solid fundamentals and some special features that make investors happy, such as buybacks and dividend increases...</p><p><blockquote><div>微软（纳斯达克股票代码：MSFT）是市场上领先的科技巨头之一。该公司拥有坚实的基本面和一些让投资者满意的特殊功能，例如回购和增加股息……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104890335","content_text":"Microsoft (NASDAQ:MSFT) is one of the premier tech giants on the market. The company has solid fundamentals and some special features that make investors happy, such as buybacks and dividend increases. With gains of about 50% year-to-date (YTD), MSFT stock has also outperformed the broader U.S. stock market. Now all eyes are on the fiscal 2022 first-quarter earnings report, which the company released on Oct. 26.\nDoes MSFT stock have more upside potential this year? The earnings report is crucial to the company maintaining its strong momentum. Mainly, the two factors that now concern me about Microsoft are the premium reflected in its stock price and the potential slowdown in its revenue growth.\nHere’s what you should know about MSFT stock moving forward.\nMSFT Stock: Consistency and a Strong Balance Sheet\nMicrosoft is a textbook top-quality stock. It’s highly profitable and has increased revenue and shareholder equity as well as reduced debt. At the same time, it has also implemented a share buyback program and consistently increased its dividend. In fact, that consistency is something I appreciate the most about MSFT stock.\nThe growth numbers speak for themselves here. Data taken fromMorningstarshows solid 3-year average growth for revenue (15.06%), operating income (25.87%), net income (54.63%) and diluted earnings per share (EPS) (55.77%). The strong balance sheet is another positive factor. Microsoft has reduced its debt-equity (D/E) ratio to o.42.\nOn top of all this, one of my favorite financial metrics — free cash flow (FCF) — is also demonstrating strength for this name. The free cash flow has consistently increased for years now. For fiscal 2021, Microsoft reported FCF of $56.12 billion, an increase of 24% year-over-year (YOY). This FCF was particularly exceptional, as the company reported a high gross margin (68.9%), operating margin (41.6%) and net margin (36.4%) for the period as well.\nAll told, Microsoft was firing on all cylinders last year — and it seems to be continuing that strength.\nDividend Increases and Share Repurchases\nLike I noted before, another reason to like MSFT stock are its dividend increases and share repurchases. The company’s consistency in this department is noteworthy. What’s more, on Sept. 14, Microsoft announced some very positive news for shareholders.\nThe news? A quarterly dividend of 62 cents — an 11% increase over the previous quarter — as well as a “new share repurchase program authorizing up to $60 billion in share repurchases.”\nFor some time, the number of shares outstanding here has been declining while the yearly dividend has been climbing. In particular, Microsoft seems to be keeping up with an average 10% annual increase for its dividend. Notably, though, its current payout of around 27% is both sustainable and also the lowest ratio reported in recent years.\nSo, Microsoft has rewarded investors with a consistent dividend policy and consistent share buybacks. That’s a big plus for investors. But the company could easily increase its dividend rate from here, given the current payout ratio. My best guess? Management will soon weigh the tradeoff between future growth and returning capital to its shareholders.\nWhat to Make of Recent Earnings\nDividends and the like aside, though, I have had a different main concern with MSFT stock. My worry? The potential slowdown in revenue and earnings. However, the recent earnings report has revealed some positives.\nWhen Microsoft released Q1 fiscal 2022 earnings in late October, it showed a “strong start” to the year. Specifically, Executive Vice President and CFO Amy Hood noted that Microsoft Cloud generated “$20.7 billion in revenue for the quarter, up 36% year over year.” Furthermore, revenue for the period came to $45.3 billion, an increase of 22%. Meanwhile, operating income was $20.2 billion — up 27% — and non-GAAP net income was $17.2 billion. The latter was an increase of 24%. Finally, diluted non-GAAP earnings per share (EPS) was $2.27, up 25%.\nThese financial results show that a growth slowdown doesn’t seem to be in the cards — at least not yet. But if we do see any misses in the coming quarters? Well, investors may want to take future results with a grain of salt.\nIn a word, it all comes down toseasonality. In the company’s annual 10-K report for fiscal 2021, Microsoft stated the following (Page 40):\n\n “Our revenue fluctuates quarterly and is generally higher in the second and fourth quarters of our fiscal year. Second quarter revenue is driven by corporate year-end spending trends in our major markets and holiday season spending by consumers, and fourth quarter revenue is driven by the volume of multi-year on-premises contracts executed during the period.”\n\nSo, while investors may be inclined to worry about misses in the future, they may not have to as much — especially for the first and third quarters.\nA Diversified Business and Pricey Stock\nThe last thing I will note about Microsoft, however, is the company’s relevance in recent years — and its diversity.\nFor one, Microsoft has embraced the digital work environment whole-heartedly. It has several diversified streams of revenue — from the Xbox to LinkedIn to cloud computing, virtual reality (VR) and artificial intelligence (AI). Moreover, it has also made changes to its investor metrics, heightening transparency and helping investors evaluate the company’s progress accurately. But does all of this mean you should invest in MSFT stock?\nThe pluses about the company aside, MSFT is still a tough name to consider buying right now. Of course, relative valuation is just one method of analysis. However, data from CSI Market is mixed on whether Microsoft is undervalued or not. For example, the price-earnings (P/E) ratio is currently 37.26, compared to the Industry P/E of 35 and Sector P/E of 27.\nThat said, Microsoft also has a PEG ratio of 0.84. This suggests it is undervalued. Still, checking the trailing price-sales (P/S) ratio of 14, the company’s P/S is higher than the sector median as well. The same goes for the company’s price-book (P/B) ratio and price-cash flow ratio.\nOverall, these metrics suggest that MSFT stock is now trading at a premium.\nThe Verdict on MSFT Stock\nAll told, MSFT stock is an excellent name that trades at an extremely high cost.\nThis company boasts solid fundamentals and robust growth. It also returns capital to shareholders. Still, it’s incredibly pricey as well. Any selloff would make for a better risk-adjusted investment opportunity here — unless Microsoft hikes its dividend rate even faster or expands its share repurchase program.\nAt some point, a slowdown in revenue and EPS may come into play. This factor will be crucial for potential investors. However, that may take a long time to arrive as well.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":3512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841431225,"gmtCreate":1635932234756,"gmtModify":1635932234855,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095487021532720","authorIdStr":"4095487021532720"},"themes":[],"title":"","htmlText":"a","listText":"a","text":"a","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841431225","repostId":"1106997318","repostType":4,"isVote":1,"tweetType":1,"viewCount":3359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849575304,"gmtCreate":1635770646758,"gmtModify":1635770646758,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095487021532720","authorIdStr":"4095487021532720"},"themes":[],"title":"","htmlText":"coolin?","listText":"coolin?","text":"coolin?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849575304","repostId":"2180277622","repostType":4,"isVote":1,"tweetType":1,"viewCount":3393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823833591,"gmtCreate":1633610039014,"gmtModify":1633610039079,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095487021532720","authorIdStr":"4095487021532720"},"themes":[],"title":"","htmlText":"Can't stop wont stop game stop","listText":"Can't stop wont stop game stop","text":"Can't stop wont stop game stop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823833591","isVote":1,"tweetType":1,"viewCount":3870,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864189311,"gmtCreate":1633072552056,"gmtModify":1633073194805,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095487021532720","authorIdStr":"4095487021532720"},"themes":[],"title":"","htmlText":"today is a good day","listText":"today is a good day","text":"today is a good day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864189311","isVote":1,"tweetType":1,"viewCount":3974,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":841438024,"gmtCreate":1635932271363,"gmtModify":1635932284251,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095487021532720","idStr":"4095487021532720"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/841438024","repostId":"1104890335","repostType":4,"repost":{"id":"1104890335","kind":"news","pubTimestamp":1635931950,"share":"https://www.laohunote.com/m/news/1104890335?lang=zh_CN&edition=full","pubTime":"2021-11-03 17:32","market":"us","language":"en","title":"Microsoft Is a High-Quality Name with a Premium Price Tag<blockquote>微软是一个价格昂贵的高品质品牌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104890335","media":"InvestorPlace","summary":"MSFT stock sports solid profitability and growth -- but that comes at a cost","content":"<p><div> Microsoft (NASDAQ:MSFT) is one of the premier tech giants on the market. The company has solid fundamentals and some special features that make investors happy, such as buybacks and dividend increases...</p><p><blockquote><div>微软（纳斯达克股票代码：MSFT）是市场上领先的科技巨头之一。该公司拥有坚实的基本面和一些让投资者满意的特殊功能，例如回购和增加股息……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","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>Microsoft Is a High-Quality Name with a Premium Price Tag<blockquote>微软是一个价格昂贵的高品质品牌</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nMicrosoft Is a High-Quality Name with a Premium Price Tag<blockquote>微软是一个价格昂贵的高品质品牌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-11-03 17:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Microsoft (NASDAQ:MSFT) is one of the premier tech giants on the market. The company has solid fundamentals and some special features that make investors happy, such as buybacks and dividend increases...</p><p><blockquote><div>微软（纳斯达克股票代码：MSFT）是市场上领先的科技巨头之一。该公司拥有坚实的基本面和一些让投资者满意的特殊功能，例如回购和增加股息……</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://investorplace.com/2021/11/msft-stock-is-a-high-quality-name-with-a-premium-price-tag/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104890335","content_text":"Microsoft (NASDAQ:MSFT) is one of the premier tech giants on the market. The company has solid fundamentals and some special features that make investors happy, such as buybacks and dividend increases. With gains of about 50% year-to-date (YTD), MSFT stock has also outperformed the broader U.S. stock market. Now all eyes are on the fiscal 2022 first-quarter earnings report, which the company released on Oct. 26.\nDoes MSFT stock have more upside potential this year? The earnings report is crucial to the company maintaining its strong momentum. Mainly, the two factors that now concern me about Microsoft are the premium reflected in its stock price and the potential slowdown in its revenue growth.\nHere’s what you should know about MSFT stock moving forward.\nMSFT Stock: Consistency and a Strong Balance Sheet\nMicrosoft is a textbook top-quality stock. It’s highly profitable and has increased revenue and shareholder equity as well as reduced debt. At the same time, it has also implemented a share buyback program and consistently increased its dividend. In fact, that consistency is something I appreciate the most about MSFT stock.\nThe growth numbers speak for themselves here. Data taken fromMorningstarshows solid 3-year average growth for revenue (15.06%), operating income (25.87%), net income (54.63%) and diluted earnings per share (EPS) (55.77%). The strong balance sheet is another positive factor. Microsoft has reduced its debt-equity (D/E) ratio to o.42.\nOn top of all this, one of my favorite financial metrics — free cash flow (FCF) — is also demonstrating strength for this name. The free cash flow has consistently increased for years now. For fiscal 2021, Microsoft reported FCF of $56.12 billion, an increase of 24% year-over-year (YOY). This FCF was particularly exceptional, as the company reported a high gross margin (68.9%), operating margin (41.6%) and net margin (36.4%) for the period as well.\nAll told, Microsoft was firing on all cylinders last year — and it seems to be continuing that strength.\nDividend Increases and Share Repurchases\nLike I noted before, another reason to like MSFT stock are its dividend increases and share repurchases. The company’s consistency in this department is noteworthy. What’s more, on Sept. 14, Microsoft announced some very positive news for shareholders.\nThe news? A quarterly dividend of 62 cents — an 11% increase over the previous quarter — as well as a “new share repurchase program authorizing up to $60 billion in share repurchases.”\nFor some time, the number of shares outstanding here has been declining while the yearly dividend has been climbing. In particular, Microsoft seems to be keeping up with an average 10% annual increase for its dividend. Notably, though, its current payout of around 27% is both sustainable and also the lowest ratio reported in recent years.\nSo, Microsoft has rewarded investors with a consistent dividend policy and consistent share buybacks. That’s a big plus for investors. But the company could easily increase its dividend rate from here, given the current payout ratio. My best guess? Management will soon weigh the tradeoff between future growth and returning capital to its shareholders.\nWhat to Make of Recent Earnings\nDividends and the like aside, though, I have had a different main concern with MSFT stock. My worry? The potential slowdown in revenue and earnings. However, the recent earnings report has revealed some positives.\nWhen Microsoft released Q1 fiscal 2022 earnings in late October, it showed a “strong start” to the year. Specifically, Executive Vice President and CFO Amy Hood noted that Microsoft Cloud generated “$20.7 billion in revenue for the quarter, up 36% year over year.” Furthermore, revenue for the period came to $45.3 billion, an increase of 22%. Meanwhile, operating income was $20.2 billion — up 27% — and non-GAAP net income was $17.2 billion. The latter was an increase of 24%. Finally, diluted non-GAAP earnings per share (EPS) was $2.27, up 25%.\nThese financial results show that a growth slowdown doesn’t seem to be in the cards — at least not yet. But if we do see any misses in the coming quarters? Well, investors may want to take future results with a grain of salt.\nIn a word, it all comes down toseasonality. In the company’s annual 10-K report for fiscal 2021, Microsoft stated the following (Page 40):\n\n “Our revenue fluctuates quarterly and is generally higher in the second and fourth quarters of our fiscal year. Second quarter revenue is driven by corporate year-end spending trends in our major markets and holiday season spending by consumers, and fourth quarter revenue is driven by the volume of multi-year on-premises contracts executed during the period.”\n\nSo, while investors may be inclined to worry about misses in the future, they may not have to as much — especially for the first and third quarters.\nA Diversified Business and Pricey Stock\nThe last thing I will note about Microsoft, however, is the company’s relevance in recent years — and its diversity.\nFor one, Microsoft has embraced the digital work environment whole-heartedly. It has several diversified streams of revenue — from the Xbox to LinkedIn to cloud computing, virtual reality (VR) and artificial intelligence (AI). Moreover, it has also made changes to its investor metrics, heightening transparency and helping investors evaluate the company’s progress accurately. But does all of this mean you should invest in MSFT stock?\nThe pluses about the company aside, MSFT is still a tough name to consider buying right now. Of course, relative valuation is just one method of analysis. However, data from CSI Market is mixed on whether Microsoft is undervalued or not. For example, the price-earnings (P/E) ratio is currently 37.26, compared to the Industry P/E of 35 and Sector P/E of 27.\nThat said, Microsoft also has a PEG ratio of 0.84. This suggests it is undervalued. Still, checking the trailing price-sales (P/S) ratio of 14, the company’s P/S is higher than the sector median as well. The same goes for the company’s price-book (P/B) ratio and price-cash flow ratio.\nOverall, these metrics suggest that MSFT stock is now trading at a premium.\nThe Verdict on MSFT Stock\nAll told, MSFT stock is an excellent name that trades at an extremely high cost.\nThis company boasts solid fundamentals and robust growth. It also returns capital to shareholders. Still, it’s incredibly pricey as well. Any selloff would make for a better risk-adjusted investment opportunity here — unless Microsoft hikes its dividend rate even faster or expands its share repurchase program.\nAt some point, a slowdown in revenue and EPS may come into play. This factor will be crucial for potential investors. However, that may take a long time to arrive as well.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":3512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841434488,"gmtCreate":1635932761935,"gmtModify":1635932850926,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095487021532720","idStr":"4095487021532720"},"themes":[],"title":"","htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841434488","repostId":"1194982054","repostType":4,"repost":{"id":"1194982054","kind":"news","pubTimestamp":1635932371,"share":"https://www.laohunote.com/m/news/1194982054?lang=zh_CN&edition=full","pubTime":"2021-11-03 17:39","market":"us","language":"en","title":"NIO: Hop On For 100% Upside Potential<blockquote>蔚来：充分发挥 100% 的上涨潜力</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194982054","media":"Seeking Alpha","summary":"Summary\n\nNIO released disappointing October deliveries, despite strong demand.\nThough there are shor","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>NIO released disappointing October deliveries, despite strong demand.</li>  <li>Though there are short-term headwinds, NIO's long-term growth prospects continue to be good.</li>  <li>I estimate the stock could double in price in the next 2 years.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c0953fe30e0f3f44b551e2b2196bc0a4\" tg-width=\"1536\" tg-height=\"1152\" width=\"100%\" height=\"auto\"><span>Sezeryadigar/E+ via Getty Images</span></p><p><blockquote><ul><li>尽管需求强劲，蔚来公布的 10 月份交付量令人失望。</li><li>尽管存在短期阻力，但蔚来汽车的长期增长前景依然良好。</li><li>我估计该股的价格在未来两年内可能会翻一番。</li></ul><p class=\"t-img-caption\"><span>SeriaDigar/E+ 来自 Getty Images</span></p></blockquote></p><p> <b>Thesis Summary</b></p><p><blockquote><b>论文总结</b></blockquote></p><p> NIO Inc. (NIO) is one of the fastest Chinese EV companies, with ambitious plans to expand globally. However, recent production figures for October have been unimpressive, sending the stock back under $40/share. But this does not change the long-term prospects of the company. I believe NIO’s shares could easily double in the next 12 months based on my valuation.</p><p><blockquote>蔚来（蔚来）是中国发展最快的电动汽车公司之一，拥有雄心勃勃的全球扩张计划。然而，最近 10 月份的生产数据并不令人印象深刻，导致该股回到每股 40 美元以下。但这并没有改变公司的长期前景。根据我的估值，我相信蔚来的股价在未来 12 个月内很容易翻一番。</blockquote></p><p> <b>Short-term headwinds</b></p><p><blockquote><b>短期逆风</b></blockquote></p><p> NIO Inc. just reported its&nbsp;deliveries for October,leaving investors anything but pleased. Overall, the company delivered 3,6677 vehicles, which was down 27.5% YoY. Though these headline numbers are disappointing, they are not the result of a slump in demand, as much as what I consider to be temporary headwinds. NIO cited “restructuring and manufacturing of upgrade lines” as the main reasons behind the decrease in deliveries. This does seem like a compelling argument, especially when we consider that new orders reached an all-time high in October.</p><p><blockquote>蔚来刚刚公布了 10 月份的交付情况， 这让投资者很不高兴。总体而言，该公司交付了3,6677辆汽车，同比下降27.5%。尽管这些总体数字令人失望，但它们并不是需求下滑的结果，而是我认为暂时的阻力。蔚来认为 “升级生产线的重组和制造 ”是交付量下降的主要原因。这似乎确实是一个令人信服的论点，尤其是当我们考虑到10月份新订单达到历史新高时。</blockquote></p><p> So the real question would be, how much of an impact will these manufacturing upgrades have? Will we see them affect next month's numbers? And is there more that the company might not be telling us?</p><p><blockquote>所以真正的问题是，这些制造业升级会产生多大影响？我们会看到它们影响下个月的数字吗？公司还有什么没有告诉我们的吗？</blockquote></p><p> It is important to point out that, whatever happened to NIO in the last month, seems to be an isolated event. Rivals like Li Auto (LI) and XPeng Inc. (XPEV) delivered&nbsp;month-on-month increases.Though chip shortages and'' supply constraints” have surely had an impact on all these companies, NIO’s rivals seem to have fared better. Having said that, I do believe NIO will overcome these short-term headwinds, and still holds the most promise looking forward.</p><p><blockquote>重要的是要指出，无论上个月蔚来发生了什么，似乎都是一个孤立的事件。理想汽车 (LI) 和小鹏汽车 (XPEV) 等竞争对手实现了环比增长。虽然芯片短缺和 “供应限制 ”肯定对所有这些公司都产生了影响，但蔚来的竞争对手似乎表现得更好。话虽如此，我确实相信蔚来会克服这些短期阻力，并且仍然拥有最大的前景。</blockquote></p><p> <b>Long-term tailwinds</b></p><p><blockquote><b>长期顺风</b></blockquote></p><p> Despite the poor monthly results, the long-term prospects of NIO remain attractive, nothing has changed there. The issue of manufacturing has been widely discussed since NIO doesn’t have its production facilities yet. However, back in May,NIO renewed its agreement&nbsp;with Jianghuai Automobile Group Co (JAC). Through this agreement, NIO expects to double its production, up to 240,000 units per year from now to 2024.</p><p><blockquote>尽管月度业绩不佳，但蔚来的长期前景仍然有吸引力，那里没有任何变化。由于蔚来还没有自己的生产设施，制造业问题一直被广泛讨论。然而，早在5月份，蔚来汽车就与江淮汽车集团有限公司（JAC）续签了协议。通过这项协议，蔚来预计从现在到2024年将产量翻一番，达到每年24万辆。</blockquote></p><p> More importantly though, NIO has even more ambitious plans in the future, since the company will be spearheading the construction of the Neo Park, an industrial cluster for EVs based in the city of Hefei.</p><p><blockquote>但更重要的是，蔚来未来有更加雄心勃勃的计划，因为该公司将牵头建设位于合肥市的电动汽车产业集群 Neo Park。</blockquote></p><p>   Neo Park in the capital of Anhui province will have production capacities for one million electric cars and 100 GWh of batteries per year on an area of 11.3 square kilometres, as well as research and development facilities, according to Chinese media reports on the start of construction. More than 50,000 jobs are planned, including more than 10,000 in research and development. The initial investment is 50 billion yuan (about 6.4 billion euros).  Source:Electrive.com</p><p><blockquote>据中国媒体报道，位于安徽省省会的Neo Park将在11.3平方公里的土地上拥有每年100万辆电动汽车和100吉瓦时电池的生产能力，以及研发设施。计划提供5万多个就业岗位，其中研发岗位1万多个。初期投资500亿元人民币（约合64亿欧元）。来源：Electrive.com</blockquote></p><p> For these reasons, I am not concerned when it comes to NIO’s long-term production capabilities.</p><p><blockquote>出于这些原因，我并不担心蔚来的长期生产能力。</blockquote></p><p> The other significant tailwind for NIO is its impending international expansion. NIO is already doing very well in China, as new orders are still holding strong even in October. It is true though that NIO faces intense competition in this area, few of the up and coming Chinese EV companies have any current plans for international expansion, which NIO does.</p><p><blockquote>蔚来的另一个重要推动力是其即将进行的国际扩张。蔚来在中国的表现已经非常好，即使在10月份，新订单仍然强劲。诚然，尽管蔚来在这一领域面临激烈的竞争，但很少有新兴的中国电动汽车公司有任何国际扩张计划，而蔚来有这样的计划。</blockquote></p><p> NIO&nbsp;launched its ES8 in Norway&nbsp;one month ago, on the 1st of October, and this might also be partly behind the recent slowdown in production. NIO has shifted its focus towards this region, as it seeks to get a foot into Europe’s largest EV market. NIO has also brought its “lifestyle brand” to Norway, opening up a NIO House in Oslo, and partnering up with two local artists, Anette Moi and Sandra Blikas, to launch its NIO Norway collection. The company plans to expand from Oslo and have 20 NIO Power stations in Oslo by the end of 2022. Though these are ambitious plans, it's important to note that revenues and sales from Norway are not expected to be sizable during this first phase.</p><p><blockquote>一个月前，即10月1日，蔚来在挪威推出了ES8，这可能也是近期产量放缓的部分原因。蔚来已将重心转向该地区，寻求进入欧洲最大的电动汽车市场。蔚来还将其 “生活方式品牌 ”带到了挪威，在奥斯陆开设了一家蔚来之家，并与两位当地艺术家 Anette Moi 和 Sandra Blikas 合作推出了蔚来挪威系列。该公司计划从奥斯陆扩张，到2022年底在奥斯陆拥有20座蔚来发电站。尽管这些都是雄心勃勃的计划，但值得注意的是，在第一阶段，挪威的收入和销售额预计不会很大。</blockquote></p><p>   Regarding the delivery in Norway, we believe for this year, the contribution is not going to be that significant because our priority is to make sure we can ensure high user satisfaction in the Norway market by building our brand, expanding our sales and service network.  Source:William Bin Li, CEO, NIO Q2 2021 earnings conference call</p><p><blockquote>关于在挪威的交付，我们相信今年的贡献不会那么大，因为我们的首要任务是通过建立我们的品牌、扩大我们的销售和服务网络，确保我们能够确保挪威市场的高用户满意度。资料来源：William Bin Li，蔚来首席执行官 2021 年第二季度收益电话会议</blockquote></p><p> Ultimately though, NIO is laying the groundwork for prolonged long-term success, growing both its brand and production capacity.</p><p><blockquote>但最终，蔚来正在为长期成功奠定基础，扩大其品牌和产能。</blockquote></p><p> <b>Valuation</b></p><p><blockquote><b>估值</b></blockquote></p><p></p><p> NIO is a fast-growing company in the EV sector, and while high revenue growth is expected, profitability is still far away. With that said, I believe the most adequate way to value such a company is by utilising a Price/Sales ratio. Using current analyst estimates from Seeking Alpha, and assuming a future rate of dilution and multiple, we can arrive at a target price for NIO.</p><p><blockquote>蔚来是电动汽车领域一家快速增长的公司，虽然预计收入将高增长，但盈利能力仍很遥远。话虽如此，我认为对这样一家公司进行估值的最合适方法是利用市销率。使用 Seeking Alpha 当前分析师的估计，并假设未来的稀释率和倍数，我们可以得出蔚来的目标价。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a669b2529a958cabb360b2325d1781a2\" tg-width=\"1280\" tg-height=\"612\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：Seeking Alpha</span></p></blockquote></p><p> Let’s take the year 2023, which has estimates by 20 analysts, giving us a reasonable margin of safety. Estimates for 2023 range from $10,66B to $17,61B. I’ll use a conservative middle range number of $14B. December 2022 is about 2 years away, so we should also take into account some share dilution. Let’s assume a generous 6% rate of dilution, putting NIO’s outstanding shares close to 2B. Assuming a P/S ratio of 12, slightly below today’s, we would achieve a target price of $84/share. This is over twice today’s price, a 100% possible gain in slightly over two years.</p><p><blockquote>以 2023 年为例，20 位分析师对这一年的预测为我们提供了一个合理的安全边际。2023 年的预计范围为 $10,66B 至 $17,61B。我将使用 140 亿美元的保守中间数字。距离2022年12月还有大约2年，所以我们也应该考虑一些股票稀释。假设稀释率为 6%，蔚来的流通股接近 2B。假设市盈率为 12，略低于今天的市盈率，我们将实现 84 美元/股的目标价。这是今天价格的两倍多，在两年多一点的时间里有 100% 的可能上涨。</blockquote></p><p> <b>Risks</b></p><p><blockquote><b>风险</b></blockquote></p><p> Although I am bullish on NIO and the EV sector, there are important risk factors that we must take into account.</p><p><blockquote>尽管我看好蔚来和电动汽车行业，但我们必须考虑一些重要的风险因素。</blockquote></p><p> For starters, there is the persistent threat of chip shortages. CNBC recently reported that the shortage could last until 2023, which would certainly put a dampener on worldwide production.</p><p><blockquote>首先，芯片短缺的威胁持续存在。CNBC 最近报道称，短缺可能会持续到 2023 年，这肯定会抑制全球产量。</blockquote></p><p> Another important but less discussed issue, though, is the fact that large quantities of lithium are required to produce the batteries that power EVs. In the last year, lithium prices&nbsp;have more than quadrupled, and this may become an issue moving forward. Higher lithium prices will either limit production or hurt margins, neither of which is a good outcome for EV makers.</p><p><blockquote>然而，另一个重要但讨论较少的问题是，生产为电动汽车供电的电池需要大量的锂。去年，锂价翻了两番多，这可能会成为未来的一个问题。锂价格上涨要么会限制产量，要么会损害利润率，这对于电动汽车制造商来说都不是一个好结果。</blockquote></p><p> Lastly, NIO, together with other Chinese EV companies, may&nbsp;faces the&nbsp;threat of regulation. </p><p><blockquote>最后，蔚来和其他中国电动汽车公司可能面临监管威胁。</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> In conclusion, NIO is at these prices one of my highest conviction plays. $40/share is a great place to accumulate given the increased interest by both investors and consumers in the EV space. NIO is my favourite company both home and abroad, given its growth plans and a strong emphasis on building brand value. The current headwinds will be temporary, and growth will resume soon.</p><p><blockquote>总之，在这些价格下，蔚来是我最信服的戏剧之一。鉴于投资者和消费者对电动汽车领域越来越感兴趣，每股 40 美元是一个很好的积累场所。蔚来是我在国内外最喜欢的公司，因为它的增长计划和对建立品牌价值的高度重视。当前的逆风将是暂时的，增长将很快恢复。</blockquote></p><p></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>NIO: Hop On For 100% Upside Potential<blockquote>蔚来：充分发挥 100% 的上涨潜力</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nNIO: Hop On For 100% Upside Potential<blockquote>蔚来：充分发挥 100% 的上涨潜力</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-11-03 17:39</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>NIO released disappointing October deliveries, despite strong demand.</li>  <li>Though there are short-term headwinds, NIO's long-term growth prospects continue to be good.</li>  <li>I estimate the stock could double in price in the next 2 years.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c0953fe30e0f3f44b551e2b2196bc0a4\" tg-width=\"1536\" tg-height=\"1152\" width=\"100%\" height=\"auto\"><span>Sezeryadigar/E+ via Getty Images</span></p><p><blockquote><ul><li>尽管需求强劲，蔚来公布的 10 月份交付量令人失望。</li><li>尽管存在短期阻力，但蔚来汽车的长期增长前景依然良好。</li><li>我估计该股的价格在未来两年内可能会翻一番。</li></ul><p class=\"t-img-caption\"><span>SeriaDigar/E+ 来自 Getty Images</span></p></blockquote></p><p> <b>Thesis Summary</b></p><p><blockquote><b>论文总结</b></blockquote></p><p> NIO Inc. (NIO) is one of the fastest Chinese EV companies, with ambitious plans to expand globally. However, recent production figures for October have been unimpressive, sending the stock back under $40/share. But this does not change the long-term prospects of the company. I believe NIO’s shares could easily double in the next 12 months based on my valuation.</p><p><blockquote>蔚来（蔚来）是中国发展最快的电动汽车公司之一，拥有雄心勃勃的全球扩张计划。然而，最近 10 月份的生产数据并不令人印象深刻，导致该股回到每股 40 美元以下。但这并没有改变公司的长期前景。根据我的估值，我相信蔚来的股价在未来 12 个月内很容易翻一番。</blockquote></p><p> <b>Short-term headwinds</b></p><p><blockquote><b>短期逆风</b></blockquote></p><p> NIO Inc. just reported its&nbsp;deliveries for October,leaving investors anything but pleased. Overall, the company delivered 3,6677 vehicles, which was down 27.5% YoY. Though these headline numbers are disappointing, they are not the result of a slump in demand, as much as what I consider to be temporary headwinds. NIO cited “restructuring and manufacturing of upgrade lines” as the main reasons behind the decrease in deliveries. This does seem like a compelling argument, especially when we consider that new orders reached an all-time high in October.</p><p><blockquote>蔚来刚刚公布了 10 月份的交付情况， 这让投资者很不高兴。总体而言，该公司交付了3,6677辆汽车，同比下降27.5%。尽管这些总体数字令人失望，但它们并不是需求下滑的结果，而是我认为暂时的阻力。蔚来认为 “升级生产线的重组和制造 ”是交付量下降的主要原因。这似乎确实是一个令人信服的论点，尤其是当我们考虑到10月份新订单达到历史新高时。</blockquote></p><p> So the real question would be, how much of an impact will these manufacturing upgrades have? Will we see them affect next month's numbers? And is there more that the company might not be telling us?</p><p><blockquote>所以真正的问题是，这些制造业升级会产生多大影响？我们会看到它们影响下个月的数字吗？公司还有什么没有告诉我们的吗？</blockquote></p><p> It is important to point out that, whatever happened to NIO in the last month, seems to be an isolated event. Rivals like Li Auto (LI) and XPeng Inc. (XPEV) delivered&nbsp;month-on-month increases.Though chip shortages and'' supply constraints” have surely had an impact on all these companies, NIO’s rivals seem to have fared better. Having said that, I do believe NIO will overcome these short-term headwinds, and still holds the most promise looking forward.</p><p><blockquote>重要的是要指出，无论上个月蔚来发生了什么，似乎都是一个孤立的事件。理想汽车 (LI) 和小鹏汽车 (XPEV) 等竞争对手实现了环比增长。虽然芯片短缺和 “供应限制 ”肯定对所有这些公司都产生了影响，但蔚来的竞争对手似乎表现得更好。话虽如此，我确实相信蔚来会克服这些短期阻力，并且仍然拥有最大的前景。</blockquote></p><p> <b>Long-term tailwinds</b></p><p><blockquote><b>长期顺风</b></blockquote></p><p> Despite the poor monthly results, the long-term prospects of NIO remain attractive, nothing has changed there. The issue of manufacturing has been widely discussed since NIO doesn’t have its production facilities yet. However, back in May,NIO renewed its agreement&nbsp;with Jianghuai Automobile Group Co (JAC). Through this agreement, NIO expects to double its production, up to 240,000 units per year from now to 2024.</p><p><blockquote>尽管月度业绩不佳，但蔚来的长期前景仍然有吸引力，那里没有任何变化。由于蔚来还没有自己的生产设施，制造业问题一直被广泛讨论。然而，早在5月份，蔚来汽车就与江淮汽车集团有限公司（JAC）续签了协议。通过这项协议，蔚来预计从现在到2024年将产量翻一番，达到每年24万辆。</blockquote></p><p> More importantly though, NIO has even more ambitious plans in the future, since the company will be spearheading the construction of the Neo Park, an industrial cluster for EVs based in the city of Hefei.</p><p><blockquote>但更重要的是，蔚来未来有更加雄心勃勃的计划，因为该公司将牵头建设位于合肥市的电动汽车产业集群 Neo Park。</blockquote></p><p>   Neo Park in the capital of Anhui province will have production capacities for one million electric cars and 100 GWh of batteries per year on an area of 11.3 square kilometres, as well as research and development facilities, according to Chinese media reports on the start of construction. More than 50,000 jobs are planned, including more than 10,000 in research and development. The initial investment is 50 billion yuan (about 6.4 billion euros).  Source:Electrive.com</p><p><blockquote>据中国媒体报道，位于安徽省省会的Neo Park将在11.3平方公里的土地上拥有每年100万辆电动汽车和100吉瓦时电池的生产能力，以及研发设施。计划提供5万多个就业岗位，其中研发岗位1万多个。初期投资500亿元人民币（约合64亿欧元）。来源：Electrive.com</blockquote></p><p> For these reasons, I am not concerned when it comes to NIO’s long-term production capabilities.</p><p><blockquote>出于这些原因，我并不担心蔚来的长期生产能力。</blockquote></p><p> The other significant tailwind for NIO is its impending international expansion. NIO is already doing very well in China, as new orders are still holding strong even in October. It is true though that NIO faces intense competition in this area, few of the up and coming Chinese EV companies have any current plans for international expansion, which NIO does.</p><p><blockquote>蔚来的另一个重要推动力是其即将进行的国际扩张。蔚来在中国的表现已经非常好，即使在10月份，新订单仍然强劲。诚然，尽管蔚来在这一领域面临激烈的竞争，但很少有新兴的中国电动汽车公司有任何国际扩张计划，而蔚来有这样的计划。</blockquote></p><p> NIO&nbsp;launched its ES8 in Norway&nbsp;one month ago, on the 1st of October, and this might also be partly behind the recent slowdown in production. NIO has shifted its focus towards this region, as it seeks to get a foot into Europe’s largest EV market. NIO has also brought its “lifestyle brand” to Norway, opening up a NIO House in Oslo, and partnering up with two local artists, Anette Moi and Sandra Blikas, to launch its NIO Norway collection. The company plans to expand from Oslo and have 20 NIO Power stations in Oslo by the end of 2022. Though these are ambitious plans, it's important to note that revenues and sales from Norway are not expected to be sizable during this first phase.</p><p><blockquote>一个月前，即10月1日，蔚来在挪威推出了ES8，这可能也是近期产量放缓的部分原因。蔚来已将重心转向该地区，寻求进入欧洲最大的电动汽车市场。蔚来还将其 “生活方式品牌 ”带到了挪威，在奥斯陆开设了一家蔚来之家，并与两位当地艺术家 Anette Moi 和 Sandra Blikas 合作推出了蔚来挪威系列。该公司计划从奥斯陆扩张，到2022年底在奥斯陆拥有20座蔚来发电站。尽管这些都是雄心勃勃的计划，但值得注意的是，在第一阶段，挪威的收入和销售额预计不会很大。</blockquote></p><p>   Regarding the delivery in Norway, we believe for this year, the contribution is not going to be that significant because our priority is to make sure we can ensure high user satisfaction in the Norway market by building our brand, expanding our sales and service network.  Source:William Bin Li, CEO, NIO Q2 2021 earnings conference call</p><p><blockquote>关于在挪威的交付，我们相信今年的贡献不会那么大，因为我们的首要任务是通过建立我们的品牌、扩大我们的销售和服务网络，确保我们能够确保挪威市场的高用户满意度。资料来源：William Bin Li，蔚来首席执行官 2021 年第二季度收益电话会议</blockquote></p><p> Ultimately though, NIO is laying the groundwork for prolonged long-term success, growing both its brand and production capacity.</p><p><blockquote>但最终，蔚来正在为长期成功奠定基础，扩大其品牌和产能。</blockquote></p><p> <b>Valuation</b></p><p><blockquote><b>估值</b></blockquote></p><p></p><p> NIO is a fast-growing company in the EV sector, and while high revenue growth is expected, profitability is still far away. With that said, I believe the most adequate way to value such a company is by utilising a Price/Sales ratio. Using current analyst estimates from Seeking Alpha, and assuming a future rate of dilution and multiple, we can arrive at a target price for NIO.</p><p><blockquote>蔚来是电动汽车领域一家快速增长的公司，虽然预计收入将高增长，但盈利能力仍很遥远。话虽如此，我认为对这样一家公司进行估值的最合适方法是利用市销率。使用 Seeking Alpha 当前分析师的估计，并假设未来的稀释率和倍数，我们可以得出蔚来的目标价。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a669b2529a958cabb360b2325d1781a2\" tg-width=\"1280\" tg-height=\"612\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：Seeking Alpha</span></p></blockquote></p><p> Let’s take the year 2023, which has estimates by 20 analysts, giving us a reasonable margin of safety. Estimates for 2023 range from $10,66B to $17,61B. I’ll use a conservative middle range number of $14B. December 2022 is about 2 years away, so we should also take into account some share dilution. Let’s assume a generous 6% rate of dilution, putting NIO’s outstanding shares close to 2B. Assuming a P/S ratio of 12, slightly below today’s, we would achieve a target price of $84/share. This is over twice today’s price, a 100% possible gain in slightly over two years.</p><p><blockquote>以 2023 年为例，20 位分析师对这一年的预测为我们提供了一个合理的安全边际。2023 年的预计范围为 $10,66B 至 $17,61B。我将使用 140 亿美元的保守中间数字。距离2022年12月还有大约2年，所以我们也应该考虑一些股票稀释。假设稀释率为 6%，蔚来的流通股接近 2B。假设市盈率为 12，略低于今天的市盈率，我们将实现 84 美元/股的目标价。这是今天价格的两倍多，在两年多一点的时间里有 100% 的可能上涨。</blockquote></p><p> <b>Risks</b></p><p><blockquote><b>风险</b></blockquote></p><p> Although I am bullish on NIO and the EV sector, there are important risk factors that we must take into account.</p><p><blockquote>尽管我看好蔚来和电动汽车行业，但我们必须考虑一些重要的风险因素。</blockquote></p><p> For starters, there is the persistent threat of chip shortages. CNBC recently reported that the shortage could last until 2023, which would certainly put a dampener on worldwide production.</p><p><blockquote>首先，芯片短缺的威胁持续存在。CNBC 最近报道称，短缺可能会持续到 2023 年，这肯定会抑制全球产量。</blockquote></p><p> Another important but less discussed issue, though, is the fact that large quantities of lithium are required to produce the batteries that power EVs. In the last year, lithium prices&nbsp;have more than quadrupled, and this may become an issue moving forward. Higher lithium prices will either limit production or hurt margins, neither of which is a good outcome for EV makers.</p><p><blockquote>然而，另一个重要但讨论较少的问题是，生产为电动汽车供电的电池需要大量的锂。去年，锂价翻了两番多，这可能会成为未来的一个问题。锂价格上涨要么会限制产量，要么会损害利润率，这对于电动汽车制造商来说都不是一个好结果。</blockquote></p><p> Lastly, NIO, together with other Chinese EV companies, may&nbsp;faces the&nbsp;threat of regulation. </p><p><blockquote>最后，蔚来和其他中国电动汽车公司可能面临监管威胁。</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> In conclusion, NIO is at these prices one of my highest conviction plays. $40/share is a great place to accumulate given the increased interest by both investors and consumers in the EV space. NIO is my favourite company both home and abroad, given its growth plans and a strong emphasis on building brand value. The current headwinds will be temporary, and growth will resume soon.</p><p><blockquote>总之，在这些价格下，蔚来是我最信服的戏剧之一。鉴于投资者和消费者对电动汽车领域越来越感兴趣，每股 40 美元是一个很好的积累场所。蔚来是我在国内外最喜欢的公司，因为它的增长计划和对建立品牌价值的高度重视。当前的逆风将是暂时的，增长将很快恢复。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4464339-nio-hop-on-for-100-percent-upside-potential\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4464339-nio-hop-on-for-100-percent-upside-potential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194982054","content_text":"Summary\n\nNIO released disappointing October deliveries, despite strong demand.\nThough there are short-term headwinds, NIO's long-term growth prospects continue to be good.\nI estimate the stock could double in price in the next 2 years.\n\nSezeryadigar/E+ via Getty Images\nThesis Summary\nNIO Inc. (NIO) is one of the fastest Chinese EV companies, with ambitious plans to expand globally. However, recent production figures for October have been unimpressive, sending the stock back under $40/share. But this does not change the long-term prospects of the company. I believe NIO’s shares could easily double in the next 12 months based on my valuation.\nShort-term headwinds\nNIO Inc. just reported its deliveries for October,leaving investors anything but pleased. Overall, the company delivered 3,6677 vehicles, which was down 27.5% YoY. Though these headline numbers are disappointing, they are not the result of a slump in demand, as much as what I consider to be temporary headwinds. NIO cited “restructuring and manufacturing of upgrade lines” as the main reasons behind the decrease in deliveries. This does seem like a compelling argument, especially when we consider that new orders reached an all-time high in October.\nSo the real question would be, how much of an impact will these manufacturing upgrades have? Will we see them affect next month's numbers? And is there more that the company might not be telling us?\nIt is important to point out that, whatever happened to NIO in the last month, seems to be an isolated event. Rivals like Li Auto (LI) and XPeng Inc. (XPEV) delivered month-on-month increases.Though chip shortages and'' supply constraints” have surely had an impact on all these companies, NIO’s rivals seem to have fared better. Having said that, I do believe NIO will overcome these short-term headwinds, and still holds the most promise looking forward.\nLong-term tailwinds\nDespite the poor monthly results, the long-term prospects of NIO remain attractive, nothing has changed there. The issue of manufacturing has been widely discussed since NIO doesn’t have its production facilities yet. However, back in May,NIO renewed its agreement with Jianghuai Automobile Group Co (JAC). Through this agreement, NIO expects to double its production, up to 240,000 units per year from now to 2024.\nMore importantly though, NIO has even more ambitious plans in the future, since the company will be spearheading the construction of the Neo Park, an industrial cluster for EVs based in the city of Hefei.\n\n Neo Park in the capital of Anhui province will have production capacities for one million electric cars and 100 GWh of batteries per year on an area of 11.3 square kilometres, as well as research and development facilities, according to Chinese media reports on the start of construction. More than 50,000 jobs are planned, including more than 10,000 in research and development. The initial investment is 50 billion yuan (about 6.4 billion euros).\n\nSource:Electrive.com\nFor these reasons, I am not concerned when it comes to NIO’s long-term production capabilities.\nThe other significant tailwind for NIO is its impending international expansion. NIO is already doing very well in China, as new orders are still holding strong even in October. It is true though that NIO faces intense competition in this area, few of the up and coming Chinese EV companies have any current plans for international expansion, which NIO does.\nNIO launched its ES8 in Norway one month ago, on the 1st of October, and this might also be partly behind the recent slowdown in production. NIO has shifted its focus towards this region, as it seeks to get a foot into Europe’s largest EV market. NIO has also brought its “lifestyle brand” to Norway, opening up a NIO House in Oslo, and partnering up with two local artists, Anette Moi and Sandra Blikas, to launch its NIO Norway collection. The company plans to expand from Oslo and have 20 NIO Power stations in Oslo by the end of 2022. Though these are ambitious plans, it's important to note that revenues and sales from Norway are not expected to be sizable during this first phase.\n\n Regarding the delivery in Norway, we believe for this year, the contribution is not going to be that significant because our priority is to make sure we can ensure high user satisfaction in the Norway market by building our brand, expanding our sales and service network.\n\nSource:William Bin Li, CEO, NIO Q2 2021 earnings conference call\nUltimately though, NIO is laying the groundwork for prolonged long-term success, growing both its brand and production capacity.\nValuation\nNIO is a fast-growing company in the EV sector, and while high revenue growth is expected, profitability is still far away. With that said, I believe the most adequate way to value such a company is by utilising a Price/Sales ratio. Using current analyst estimates from Seeking Alpha, and assuming a future rate of dilution and multiple, we can arrive at a target price for NIO.\nSource: Seeking Alpha\nLet’s take the year 2023, which has estimates by 20 analysts, giving us a reasonable margin of safety. Estimates for 2023 range from $10,66B to $17,61B. I’ll use a conservative middle range number of $14B. December 2022 is about 2 years away, so we should also take into account some share dilution. Let’s assume a generous 6% rate of dilution, putting NIO’s outstanding shares close to 2B. Assuming a P/S ratio of 12, slightly below today’s, we would achieve a target price of $84/share. This is over twice today’s price, a 100% possible gain in slightly over two years.\nRisks\nAlthough I am bullish on NIO and the EV sector, there are important risk factors that we must take into account.\nFor starters, there is the persistent threat of chip shortages. CNBC recently reported that the shortage could last until 2023, which would certainly put a dampener on worldwide production.\nAnother important but less discussed issue, though, is the fact that large quantities of lithium are required to produce the batteries that power EVs. In the last year, lithium prices have more than quadrupled, and this may become an issue moving forward. Higher lithium prices will either limit production or hurt margins, neither of which is a good outcome for EV makers.\nLastly, NIO, together with other Chinese EV companies, may faces the threat of regulation. \nTakeaway\nIn conclusion, NIO is at these prices one of my highest conviction plays. $40/share is a great place to accumulate given the increased interest by both investors and consumers in the EV space. NIO is my favourite company both home and abroad, given its growth plans and a strong emphasis on building brand value. The current headwinds will be temporary, and growth will resume soon.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":2505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841434874,"gmtCreate":1635932739512,"gmtModify":1635932849881,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095487021532720","idStr":"4095487021532720"},"themes":[],"title":"","htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841434874","repostId":"1137621901","repostType":4,"repost":{"id":"1137621901","kind":"news","pubTimestamp":1635931573,"share":"https://www.laohunote.com/m/news/1137621901?lang=zh_CN&edition=full","pubTime":"2021-11-03 17:26","market":"us","language":"en","title":"Climate change: Yellen calls for 'wholesale transformation of our carbon intensive economies'<blockquote>气候变化：耶伦·评级呼吁“全面转型我们的碳密集型经济”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137621901","media":"Yahoo","summary":"Treasury Secretary Janet Yellen called for a \"wholesale transformation\" ofcarbon intensive economies","content":"<p>Treasury Secretary Janet Yellen called for a \"wholesale transformation\" ofcarbon intensive economiesat the UN Climate Change Conference (COP26) in Glasgow on Wednesday, urging the private sector to capitalize on an opportunity to help developing nations transition to a carbon free economy.</p><p><blockquote>财政部长珍妮特·耶伦周三在格拉斯哥举行的联合国气候变化大会（COP26）上呼吁对碳密集型经济进行“全面转型”，敦促私营部门抓住机会帮助发展中国家向无碳经济转型。</blockquote></p><p> \"Rising to this challenge will require the wholesale transformation of our carbon-intensive economies,\" Yellen stated in prepared remarks. \"It’s a global transition for which we have an estimated price tag: some have put the global figure between $100 and $150 trillion over the next three decades. At the same time, addressing climate change is the greatest economic opportunity of our time.\"</p><p><blockquote>耶伦在准备好的讲话中表示：“应对这一挑战将需要对我们的碳密集型经济进行全面转型。”“这是一个全球转型，我们有一个估计的价格标签： 一些人认为，未来三十年全球数字将在 100 万亿美元到 150 万亿美元之间。与此同时，应对气候变化是我们这个时代最大的经济机遇”。</blockquote></p><p> Yellen specifically pledged U.S. support for Climate Investment Funds (CIF), a multilateral climate finance mechanism to help the poorest countries most affected by climate change, build out climate resilience, and shift to a future free of fossil fuels.</p><p><blockquote>耶伦特别承诺美国支持气候投资基金（CIF），这是一种多边气候融资机制，旨在帮助受气候变化影响最严重的最贫穷国家建立气候复原力，并转向无化石燃料的未来。</blockquote></p><p> “Through an innovative leveraging structure, this initiative will help attract significant new private climate finance and provide $500 million per year for the Clean Technology Funds’ programming, including the new Accelerating Coal Transition investment Program,” Yellen stated.</p><p><blockquote>“耶伦说：”通过创新的杠杆结构，这一举措将有助于吸引大量新的私人气候融资，并每年为清洁技术基金的规划提供 5 亿美元，包括新的加速煤炭转型投资计划。</blockquote></p><p> Financing for developing countries have increasingly become a contentious point of larger climate discussions, with a $100 billion pledge by the world’s advanced economies yet to be paid out more than five years after it was initially promised.</p><p><blockquote>在更大规模的气候讨论中，为发展中国家提供资金已日益成为一个有争议的问题，世界发达经济体的 1000 亿美元承诺在最初承诺五年多后仍未兑现。</blockquote></p><p> Developing countries argue they are being unfairly tasked to pay for a climate crisis largely caused by emissions spewed by the world’s richest countries, while the poorest nations have been hit the hardest by&nbsp;extreme weather brought on by climate change.</p><p><blockquote>发展中国家认为，它们被不公平地要求为主要由世界上最富裕国家排放的气候危机买单，而最贫穷的国家则受到气候变化带来的极端天气的打击最为严重。</blockquote></p><p> On Tuesday, Special Presidential Envoy John Kerry admitted $100 billion&nbsp;would not be enough&nbsp;given that the climate crisis is intensifying and time is running out to cap global warming at 1.5 degrees Celsius, a goal climate scientists have said would avert a catastrophe.</p><p><blockquote>周二，总统特使约翰·克里承认，鉴于气候危机正在加剧，将全球变暖限制在1.5摄氏度的时间已经不多了，1000亿美元是不够的，气候科学家表示，这一目标将避免一场灾难。</blockquote></p><p> “$100 billion doesn't do it, folks,\" Kerry said. \"It's trillions of dollars that are needed. And the only way we will get this done is if trillions of dollars are forthcoming.\"</p><p><blockquote>“克里说：”1000亿美元是不够的。“我们需要数万亿美元。而我们要做到这一点的唯一方法是，如果有数万亿美元即将到来”。</blockquote></p><p> President Biden has already announced a U.S. commitment to quadruple international climate finance by 2024, to more than $11 billion. The private sector is expected to pick up the bulk of the investments, because of the sheer scale and cost of&nbsp;the effort needed to sunset coalpowered plants and invest in renewable energy, among other measures.</p><p><blockquote>拜登总统已经宣布，美国承诺到 2024 年将国际气候融资增加两倍，达到 110 亿美元以上。私营部门预计将承担大部分投资，因为关闭燃煤电厂和投资可再生能源等措施所需的规模和成本巨大。</blockquote></p><p> Yellen stated the private sector stands \"ready to supply the financing\" to avoid the worst of the climate crisis. Some of the world’s largest multinational companies, including Amazon (AMZN) and Microsoft (MSFT), as well as asset managers have made the trip to Glasgow to seek&nbsp;investment opportunities in the green transition.</p><p><blockquote>耶伦表示，私营部门“准备提供融资”，以避免最糟糕的气候危机。包括亚马逊（AMZN）和微软（MSFT）在内的一些全球最大的跨国公司以及资产管理公司都曾前往格拉斯哥，寻求绿色转型的投资机会。</blockquote></p><p> However, commercial banks have been slow to line up capital for projects. While Citigroup (C), Morgan Stanley (MS), and Bank of America (BAC) have committed to shifting its investments to businesses that reduce carbon emissions, major banks from India, Japan, and Australia haven’t followed.</p><p><blockquote>然而，商业银行在为项目筹措资金方面进展缓慢。虽然花旗集团（C）、摩根士丹利（MS）和美国银行（BAC）已承诺将投资转向减少碳排放的业务，但印度、日本和澳大利亚的主要银行并未效仿。</blockquote></p><p> Yellen, who mentioned \"investments that will be profitable in sustainable investments\" to Congressional testimony last month, asserted in her COP26 remarks that \"it is simply cost effective to go green.\"</p><p><blockquote>耶伦上个月在国会作证时提到了“在可持续投资中有利可图的投资”，她在 COP26 讲话中断言，“走向绿色是具有成本效益的。”</blockquote></p><p> The Financial Stability Oversight Council, chaired by Yellen,released a reportlast month laying out actions needed to build resilience in the financial system from the risk of climate change, including enhanced climate-related disclosures.</p><p><blockquote>耶伦担任主席的金融稳定监督委员会上个月发布了一份报告，列出了增强金融体系抵御气候变化风险能力所需的行动，包括加强与气候相关的披露。</blockquote></p><p> “CEOs representing trillions in assets are here to show their commitment,\" Yellen stated. \"Financial institutions with collective assets under management of nearly $100 trillion have come together under The Glasgow Financial Alliance for Net Zero, or GFANZ. If these ambitions are realized, those portfolios will be carbon-neutral by 2050 and significantly reduce emissions by 2030.\"</p><p><blockquote>“耶伦说：”代表着数万亿美元资产的首席执行官们来到这里是为了表明他们的承诺。“管理着近 100 万亿美元集体资产的金融机构已在格拉斯哥净零金融联盟（GFANZ）的领导下联合起来。如果这些雄心得以实现，这些投资组合将在 2050 年实现碳中和，并在 2030 年大幅减少排放”。</blockquote></p><p></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>Climate change: Yellen calls for 'wholesale transformation of our carbon intensive economies'<blockquote>气候变化：耶伦·评级呼吁“全面转型我们的碳密集型经济”</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nClimate change: Yellen calls for 'wholesale transformation of our carbon intensive economies'<blockquote>气候变化：耶伦·评级呼吁“全面转型我们的碳密集型经济”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Yahoo</strong><span class=\"h-time small\">2021-11-03 17:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Treasury Secretary Janet Yellen called for a \"wholesale transformation\" ofcarbon intensive economiesat the UN Climate Change Conference (COP26) in Glasgow on Wednesday, urging the private sector to capitalize on an opportunity to help developing nations transition to a carbon free economy.</p><p><blockquote>财政部长珍妮特·耶伦周三在格拉斯哥举行的联合国气候变化大会（COP26）上呼吁对碳密集型经济进行“全面转型”，敦促私营部门抓住机会帮助发展中国家向无碳经济转型。</blockquote></p><p> \"Rising to this challenge will require the wholesale transformation of our carbon-intensive economies,\" Yellen stated in prepared remarks. \"It’s a global transition for which we have an estimated price tag: some have put the global figure between $100 and $150 trillion over the next three decades. At the same time, addressing climate change is the greatest economic opportunity of our time.\"</p><p><blockquote>耶伦在准备好的讲话中表示：“应对这一挑战将需要对我们的碳密集型经济进行全面转型。”“这是一个全球转型，我们有一个估计的价格标签： 一些人认为，未来三十年全球数字将在 100 万亿美元到 150 万亿美元之间。与此同时，应对气候变化是我们这个时代最大的经济机遇”。</blockquote></p><p> Yellen specifically pledged U.S. support for Climate Investment Funds (CIF), a multilateral climate finance mechanism to help the poorest countries most affected by climate change, build out climate resilience, and shift to a future free of fossil fuels.</p><p><blockquote>耶伦特别承诺美国支持气候投资基金（CIF），这是一种多边气候融资机制，旨在帮助受气候变化影响最严重的最贫穷国家建立气候复原力，并转向无化石燃料的未来。</blockquote></p><p> “Through an innovative leveraging structure, this initiative will help attract significant new private climate finance and provide $500 million per year for the Clean Technology Funds’ programming, including the new Accelerating Coal Transition investment Program,” Yellen stated.</p><p><blockquote>“耶伦说：”通过创新的杠杆结构，这一举措将有助于吸引大量新的私人气候融资，并每年为清洁技术基金的规划提供 5 亿美元，包括新的加速煤炭转型投资计划。</blockquote></p><p> Financing for developing countries have increasingly become a contentious point of larger climate discussions, with a $100 billion pledge by the world’s advanced economies yet to be paid out more than five years after it was initially promised.</p><p><blockquote>在更大规模的气候讨论中，为发展中国家提供资金已日益成为一个有争议的问题，世界发达经济体的 1000 亿美元承诺在最初承诺五年多后仍未兑现。</blockquote></p><p> Developing countries argue they are being unfairly tasked to pay for a climate crisis largely caused by emissions spewed by the world’s richest countries, while the poorest nations have been hit the hardest by&nbsp;extreme weather brought on by climate change.</p><p><blockquote>发展中国家认为，它们被不公平地要求为主要由世界上最富裕国家排放的气候危机买单，而最贫穷的国家则受到气候变化带来的极端天气的打击最为严重。</blockquote></p><p> On Tuesday, Special Presidential Envoy John Kerry admitted $100 billion&nbsp;would not be enough&nbsp;given that the climate crisis is intensifying and time is running out to cap global warming at 1.5 degrees Celsius, a goal climate scientists have said would avert a catastrophe.</p><p><blockquote>周二，总统特使约翰·克里承认，鉴于气候危机正在加剧，将全球变暖限制在1.5摄氏度的时间已经不多了，1000亿美元是不够的，气候科学家表示，这一目标将避免一场灾难。</blockquote></p><p> “$100 billion doesn't do it, folks,\" Kerry said. \"It's trillions of dollars that are needed. And the only way we will get this done is if trillions of dollars are forthcoming.\"</p><p><blockquote>“克里说：”1000亿美元是不够的。“我们需要数万亿美元。而我们要做到这一点的唯一方法是，如果有数万亿美元即将到来”。</blockquote></p><p> President Biden has already announced a U.S. commitment to quadruple international climate finance by 2024, to more than $11 billion. The private sector is expected to pick up the bulk of the investments, because of the sheer scale and cost of&nbsp;the effort needed to sunset coalpowered plants and invest in renewable energy, among other measures.</p><p><blockquote>拜登总统已经宣布，美国承诺到 2024 年将国际气候融资增加两倍，达到 110 亿美元以上。私营部门预计将承担大部分投资，因为关闭燃煤电厂和投资可再生能源等措施所需的规模和成本巨大。</blockquote></p><p> Yellen stated the private sector stands \"ready to supply the financing\" to avoid the worst of the climate crisis. Some of the world’s largest multinational companies, including Amazon (AMZN) and Microsoft (MSFT), as well as asset managers have made the trip to Glasgow to seek&nbsp;investment opportunities in the green transition.</p><p><blockquote>耶伦表示，私营部门“准备提供融资”，以避免最糟糕的气候危机。包括亚马逊（AMZN）和微软（MSFT）在内的一些全球最大的跨国公司以及资产管理公司都曾前往格拉斯哥，寻求绿色转型的投资机会。</blockquote></p><p> However, commercial banks have been slow to line up capital for projects. While Citigroup (C), Morgan Stanley (MS), and Bank of America (BAC) have committed to shifting its investments to businesses that reduce carbon emissions, major banks from India, Japan, and Australia haven’t followed.</p><p><blockquote>然而，商业银行在为项目筹措资金方面进展缓慢。虽然花旗集团（C）、摩根士丹利（MS）和美国银行（BAC）已承诺将投资转向减少碳排放的业务，但印度、日本和澳大利亚的主要银行并未效仿。</blockquote></p><p> Yellen, who mentioned \"investments that will be profitable in sustainable investments\" to Congressional testimony last month, asserted in her COP26 remarks that \"it is simply cost effective to go green.\"</p><p><blockquote>耶伦上个月在国会作证时提到了“在可持续投资中有利可图的投资”，她在 COP26 讲话中断言，“走向绿色是具有成本效益的。”</blockquote></p><p> The Financial Stability Oversight Council, chaired by Yellen,released a reportlast month laying out actions needed to build resilience in the financial system from the risk of climate change, including enhanced climate-related disclosures.</p><p><blockquote>耶伦担任主席的金融稳定监督委员会上个月发布了一份报告，列出了增强金融体系抵御气候变化风险能力所需的行动，包括加强与气候相关的披露。</blockquote></p><p> “CEOs representing trillions in assets are here to show their commitment,\" Yellen stated. \"Financial institutions with collective assets under management of nearly $100 trillion have come together under The Glasgow Financial Alliance for Net Zero, or GFANZ. If these ambitions are realized, those portfolios will be carbon-neutral by 2050 and significantly reduce emissions by 2030.\"</p><p><blockquote>“耶伦说：”代表着数万亿美元资产的首席执行官们来到这里是为了表明他们的承诺。“管理着近 100 万亿美元集体资产的金融机构已在格拉斯哥净零金融联盟（GFANZ）的领导下联合起来。如果这些雄心得以实现，这些投资组合将在 2050 年实现碳中和，并在 2030 年大幅减少排放”。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/climate-change-yellen-cop-26-090040007.html\">Yahoo</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/climate-change-yellen-cop-26-090040007.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137621901","content_text":"Treasury Secretary Janet Yellen called for a \"wholesale transformation\" ofcarbon intensive economiesat the UN Climate Change Conference (COP26) in Glasgow on Wednesday, urging the private sector to capitalize on an opportunity to help developing nations transition to a carbon free economy.\n\"Rising to this challenge will require the wholesale transformation of our carbon-intensive economies,\" Yellen stated in prepared remarks. \"It’s a global transition for which we have an estimated price tag: some have put the global figure between $100 and $150 trillion over the next three decades. At the same time, addressing climate change is the greatest economic opportunity of our time.\"\nYellen specifically pledged U.S. support for Climate Investment Funds (CIF), a multilateral climate finance mechanism to help the poorest countries most affected by climate change, build out climate resilience, and shift to a future free of fossil fuels.\n“Through an innovative leveraging structure, this initiative will help attract significant new private climate finance and provide $500 million per year for the Clean Technology Funds’ programming, including the new Accelerating Coal Transition investment Program,” Yellen stated.\nFinancing for developing countries have increasingly become a contentious point of larger climate discussions, with a $100 billion pledge by the world’s advanced economies yet to be paid out more than five years after it was initially promised.\nDeveloping countries argue they are being unfairly tasked to pay for a climate crisis largely caused by emissions spewed by the world’s richest countries, while the poorest nations have been hit the hardest by extreme weather brought on by climate change.\nOn Tuesday, Special Presidential Envoy John Kerry admitted $100 billion would not be enough given that the climate crisis is intensifying and time is running out to cap global warming at 1.5 degrees Celsius, a goal climate scientists have said would avert a catastrophe.\n“$100 billion doesn't do it, folks,\" Kerry said. \"It's trillions of dollars that are needed. And the only way we will get this done is if trillions of dollars are forthcoming.\"\nPresident Biden has already announced a U.S. commitment to quadruple international climate finance by 2024, to more than $11 billion. The private sector is expected to pick up the bulk of the investments, because of the sheer scale and cost of the effort needed to sunset coalpowered plants and invest in renewable energy, among other measures.\nYellen stated the private sector stands \"ready to supply the financing\" to avoid the worst of the climate crisis. Some of the world’s largest multinational companies, including Amazon (AMZN) and Microsoft (MSFT), as well as asset managers have made the trip to Glasgow to seek investment opportunities in the green transition.\nHowever, commercial banks have been slow to line up capital for projects. While Citigroup (C), Morgan Stanley (MS), and Bank of America (BAC) have committed to shifting its investments to businesses that reduce carbon emissions, major banks from India, Japan, and Australia haven’t followed.\nYellen, who mentioned \"investments that will be profitable in sustainable investments\" to Congressional testimony last month, asserted in her COP26 remarks that \"it is simply cost effective to go green.\"\nThe Financial Stability Oversight Council, chaired by Yellen,released a reportlast month laying out actions needed to build resilience in the financial system from the risk of climate change, including enhanced climate-related disclosures.\n“CEOs representing trillions in assets are here to show their commitment,\" Yellen stated. \"Financial institutions with collective assets under management of nearly $100 trillion have come together under The Glasgow Financial Alliance for Net Zero, or GFANZ. If these ambitions are realized, those portfolios will be carbon-neutral by 2050 and significantly reduce emissions by 2030.\"","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846213957,"gmtCreate":1636085083679,"gmtModify":1636085083841,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095487021532720","idStr":"4095487021532720"},"themes":[],"title":"","htmlText":"😁","listText":"😁","text":"😁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846213957","repostId":"848224438","repostType":1,"repost":{"id":848224438,"gmtCreate":1636004387820,"gmtModify":1636010079497,"author":{"id":"58341441844653","authorId":"58341441844653","name":"孟浩","avatar":"https://static.tigerbbs.com/d3af5b59c3e4676ee72cb6e0fea0279b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"58341441844653","idStr":"58341441844653"},"themes":[],"title":"摩根大通推荐了12只东南亚股票，你最看好谁？","htmlText":"摩根大通刚刚更新了11月的亚洲股票推荐清单，除了<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a> <a href=\"https://laohu8.com/S/D05.SI\">$星展集团控股(D05.SI)$</a> 之外，还有谁？让我们一起来看看，欢迎大家给我回复，说说哪个股票值得买入？<a href=\"https://laohu8.com/S/D05.SI\">$星展集团控股(D05.SI)$</a> ，相信虎友对它都很了解，是东南亚三大银行之一，也是新交所市值最大的公司，过去五年的平均股息达4.3%，过去十年的平均年化回报率达10%。摩根大通看好他的原因主要是因为其财务管理服务扩大，以及数字化程度提高。此外，星展银行曾预计到今年年底其加密货币交易规模将增加1倍。随着数字货币增长，未来3年每年将增长20%-30%。 <a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a> 是一家消费互联网公司。公司建立了一个集数字娱乐、电子商务、数字金融服务于一体的综合平台。Sea旗下三大业务包括数字游戏（Garena）、电子商务（Shopee）、数字金融（SeaMoney），其游戏与电商业务在东南亚位居龙头之位。摩根大通看好他的原因主要是因为其电商业务收入增长，亏损减少，此外Garena还推出自研「吃鸡」游戏FreeFire，从2017年开始持续贡献玩家与流水，成为最火热爆款游戏。截止2021年Q2，Garena季度活游戏用户规模达到7.25亿人，成为绝对的东南亚游戏市场龙头。 <a href=\"https://laohu8.com/S/AYALY\">$Ayala Corp.(AYALY)$</a> 是菲律宾历史最悠久、规模最大的企业集团。该公司拥有多种多样的商业利益，包括在零售、教育、房","listText":"摩根大通刚刚更新了11月的亚洲股票推荐清单，除了<a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a> <a href=\"https://laohu8.com/S/D05.SI\">$星展集团控股(D05.SI)$</a> 之外，还有谁？让我们一起来看看，欢迎大家给我回复，说说哪个股票值得买入？<a href=\"https://laohu8.com/S/D05.SI\">$星展集团控股(D05.SI)$</a> ，相信虎友对它都很了解，是东南亚三大银行之一，也是新交所市值最大的公司，过去五年的平均股息达4.3%，过去十年的平均年化回报率达10%。摩根大通看好他的原因主要是因为其财务管理服务扩大，以及数字化程度提高。此外，星展银行曾预计到今年年底其加密货币交易规模将增加1倍。随着数字货币增长，未来3年每年将增长20%-30%。 <a href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a> 是一家消费互联网公司。公司建立了一个集数字娱乐、电子商务、数字金融服务于一体的综合平台。Sea旗下三大业务包括数字游戏（Garena）、电子商务（Shopee）、数字金融（SeaMoney），其游戏与电商业务在东南亚位居龙头之位。摩根大通看好他的原因主要是因为其电商业务收入增长，亏损减少，此外Garena还推出自研「吃鸡」游戏FreeFire，从2017年开始持续贡献玩家与流水，成为最火热爆款游戏。截止2021年Q2，Garena季度活游戏用户规模达到7.25亿人，成为绝对的东南亚游戏市场龙头。 <a href=\"https://laohu8.com/S/AYALY\">$Ayala Corp.(AYALY)$</a> 是菲律宾历史最悠久、规模最大的企业集团。该公司拥有多种多样的商业利益，包括在零售、教育、房","text":"摩根大通刚刚更新了11月的亚洲股票推荐清单，除了$Sea Ltd(SE)$ $星展集团控股(D05.SI)$ 之外，还有谁？让我们一起来看看，欢迎大家给我回复，说说哪个股票值得买入？$星展集团控股(D05.SI)$ ，相信虎友对它都很了解，是东南亚三大银行之一，也是新交所市值最大的公司，过去五年的平均股息达4.3%，过去十年的平均年化回报率达10%。摩根大通看好他的原因主要是因为其财务管理服务扩大，以及数字化程度提高。此外，星展银行曾预计到今年年底其加密货币交易规模将增加1倍。随着数字货币增长，未来3年每年将增长20%-30%。 $Sea Ltd(SE)$ 是一家消费互联网公司。公司建立了一个集数字娱乐、电子商务、数字金融服务于一体的综合平台。Sea旗下三大业务包括数字游戏（Garena）、电子商务（Shopee）、数字金融（SeaMoney），其游戏与电商业务在东南亚位居龙头之位。摩根大通看好他的原因主要是因为其电商业务收入增长，亏损减少，此外Garena还推出自研「吃鸡」游戏FreeFire，从2017年开始持续贡献玩家与流水，成为最火热爆款游戏。截止2021年Q2，Garena季度活游戏用户规模达到7.25亿人，成为绝对的东南亚游戏市场龙头。 $Ayala Corp.(AYALY)$ 是菲律宾历史最悠久、规模最大的企业集团。该公司拥有多种多样的商业利益，包括在零售、教育、房","images":[{"img":"https://static.tigerbbs.com/1d72d6388c6dc948eadb0f1e457bbbeb","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848224438","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3833,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849575304,"gmtCreate":1635770646758,"gmtModify":1635770646758,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095487021532720","idStr":"4095487021532720"},"themes":[],"title":"","htmlText":"coolin?","listText":"coolin?","text":"coolin?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849575304","repostId":"2180277622","repostType":4,"isVote":1,"tweetType":1,"viewCount":3393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823833591,"gmtCreate":1633610039014,"gmtModify":1633610039079,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095487021532720","idStr":"4095487021532720"},"themes":[],"title":"","htmlText":"Can't stop wont stop game stop","listText":"Can't stop wont stop game stop","text":"Can't stop wont stop game stop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823833591","isVote":1,"tweetType":1,"viewCount":3870,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841431225,"gmtCreate":1635932234756,"gmtModify":1635932234855,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095487021532720","idStr":"4095487021532720"},"themes":[],"title":"","htmlText":"a","listText":"a","text":"a","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841431225","repostId":"1106997318","repostType":4,"isVote":1,"tweetType":1,"viewCount":3359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864189311,"gmtCreate":1633072552056,"gmtModify":1633073194805,"author":{"id":"4095487021532720","authorId":"4095487021532720","name":"Estherbunny","avatar":"https://static.tigerbbs.com/4ead0d62faaad0703dd210261a86816a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095487021532720","idStr":"4095487021532720"},"themes":[],"title":"","htmlText":"today is a good day","listText":"today is a good day","text":"today is a good day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864189311","isVote":1,"tweetType":1,"viewCount":3974,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}