Most people who understand bitcoin know that there are two kinds of bitcoin. One is bitcoin, the asset which has a fixed supply and is quite volatile, and the second kind of Bitcoin, the network and protocol that maintains an immutable ledger that has never been hacked and is bullet proof, bomb proof and tank…
Funtay NielsenIQ data show that UK cigarette industry retail sales fell just 1.8% from year-ago levels. That continues an improving trend over the last two years, though sales for Philip Morris International (PM) boasted an annual increase of 6.1% while British American Tobacco (NYSE:BTI) sales dropped 4.7% YoY. Of course, tobacco companies continue to diversify…
gchapel My thesis The purpose of this article is to discuss recent trends in the Lithium market and the latest developments on Lithium Americas’ (NYSE:LAC) Nevada project. I will implement a company valuation on the phase I project given a medium-term market price of Lithium of $25k/t, consistent with the level needed for marginal producers…
Kiwis Investment Thesis Coupang (NYSE:CPNG) announced on December 18, 2023, that it would acquire Farfetch Limited (FTCHF) and give $500 million capital with Greenoaks Capital to Farfetch. Farfetch reported that It would not have been able to continue as a going concern. Coupang and Farfetch both expressed their optimistic outlook for the acquisition. However, some…
JHVEPhoto Sanmina Gives Weak 2024 Outlook and Stock Crashes On November 6, 2023, Sanmina Corporation (NASDAQ:SANM) released its Q4 earnings report. The company missed both revenue and EPS estimates, reporting $2.05B in revenue, a 7% YoY decline, and $1.42 in EPS, a 5% YoY decline. The company also gave a weak outlook, expecting revenue between…
naphtalina/iStock via Getty Images Investment briefing There is risk capital to be unlocked in the equity of US Lime & Minerals (NASDAQ:USLM) in my informed opinion. A number of inflection points feed into this view, including market fundamentals, USLM’s economic value, and supportive valuations. USLM operates as a manufacturer of lime and limestone products, serving…
svetikd Caesars (CZR) was established in 1937 and manages casinos and resorts under various brands including Harrah’s, Caesars, Planet Hollywood and Horseshoe, which recently hosted the World Series of Poker. The stock has languished in recent years as debt levels have risen amid concerns over the cost of servicing the debt, which has created a…