Looking to list on NASDAQ Q2.
Info here:
https://www.rocketlabusa.com/investors
Interview with Peter Beck this morning:
https://www.rnz.co.nz/national/progr...list-on-nasdaq
Very keen to get in on this one.
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Looking to list on NASDAQ Q2.
Info here:
https://www.rocketlabusa.com/investors
Interview with Peter Beck this morning:
https://www.rnz.co.nz/national/progr...list-on-nasdaq
Very keen to get in on this one.
"On March 1, 2021, Rocket Lab entered into a definitive merger agreement with Vector. The transaction reflects an implied pro forma enterprise value of $4.1 billion for Rocket Lab, representing 5.4x 2025 projected revenue of approximately $750 million"...
Ninefingers, at 5.4x 2025 projected revenue (yes, that's revenue and in 4 years from now!) you've got to believe there's a heap of growth coming and that it'll be profitable...
...who am I kidding, profits don't matter anymore... and it might end up costing you more than a finger.
https://www.businesswire.com/news/ho...on-Corporation
I doubt I'll be able to get in at price that allows me to think of it as an investment, but I'll buy a small parcel anyway and think of it as a souvenir.
I think that it is the only thing that will come out of it......Quote:
I doubt I'll be able to get in at price that allows me to think of it as an investment, but I'll buy a small parcel anyway and think of it as a souvenir.
Great for Peter Beck and shareholders - looks like they will get most of the money ($4b), with about $750m going into the company. What a payday! I saw an article on Business Desk, behind the Paywall asking where the NZX was - well seriously, not going to get anywhere near that sort of multiple on the NZX. Sure there will be enough punters to get this away.
Agree Sir Ten - it seems like profit doesn't matter, lets just do a fancy preso with scant financial information, based on numbers we pull out of the air - with multiples of revenue (not even profit)!!
Last financial info I can see via companies register is they turned over $90m, and made a small loss in 2019 (this was Rocket Lab NZ, so unsure how relates to Rocket Lab US).
Wish them all the best, but wow.....certainly not for me.
In terms of the numbers, profit etc, how does this compare with companies like Tesla, Uber etc when they first listed?
US$13.41 $13.41 atm down from US$14
Vector A$cquisition Corporation (Nasdaq: VACQ)
Trying to post again
Its trading ,Vector Acquisition Corp Nasdaq VACQ down re 5% to re $US 13.50 atm
Is this a rhetorical question to make a point, or are you just outsourcing a Google search?
If the latter, you'll find you'll get better engagement if you actually bring a view. If the former, I'm not sure of the relevance of the comparison, other than they have no profit and are massively overvalued...
Very funny, made my day.
I think Rocket Lab might be a good place to put a modest investment for a long hold. Really quite inspiring hearing Mr Beck's vision for the future, and he's smashed every goal so far. I like the idea of being the 'bus to the universe', the 'transport for hire' to the cosmos. Very clever, as well as totally switched on engineering and technology. Quite amazing.
Anyone else on here grappling with what to do with PALANTIR ?
https://nz.finance.yahoo.com/quote/PLTR?p=PLTR
"The engines for Neutron are another hurdle, which Beck acknowledged are what take the longest to develop when building a rocket.
Rocket Lab will not be using a variation of the 3D-printed Rutherford engines that power the Electron rockets, as Beck said “there is no beefing of a Rutherford that will come remotely close” to powering Neutron."
CNBC - Rocket Lab SPAC deal supercharger for growth, adds ability launch astronauts
added more this morning to both my daughters holdings and mine... good long term accumulate and hold imho
If you are looking for a short squeeze then don't. It's not in the same category as other meme stocks given institutions and insiders own 31% of total shares. The reason others like GME, LGND and BBBY are open for a short squeeze is because each company has insiders + institutions owning around 200% of the total shares. This is over 100% due to excessive shorting. If however, you are buying PLTR on fundamentals, I see a growing top line and a growing loss. I'm sure they will turn the loss around at some point in time but when and how much profit will be generated? The other thing is deferred revenues are shrinking which is not a good indicator for future growth. That may be a temporary blip due to COVID, but overall I'm not seeing enough to tempt me.
Thanks. In the interim I sold. My buy was some years ago about US$8-9....so all good. In the end I took out some insurance to protect from the downside...expensive but worth it as it turned out. Nice gain, but took 4-5 years. Being subject to the lockup post IPO is no fun.
Well I bought my Rocket Lab souvenir parcel today at $10.49. I'm not expecting much in way of financial gain, but maybe it will add a bit of interest when I am watching the launch live streams.
Looks like falling below $10-00 now, not too sure what the future financials are going forward?
A snippet from John Ryders global Investment letter re SPAC"S. Alot of fees ripped out
"The Harvard Law School Forum on Corporate Governance has released a paper in which the authors found that although SPACs issue shares for roughly $10 and value their shares at $10 when they merge, by the time of the merger the median SPAC holds cash of just $6.67 per share."
Currently have 500 shares, no doubt this will fall below $10 now that we've de-SPAC'ed. I'll be loading up on 500 more shares. My favourite SPAC alongside Avepoint, Lucid Motors & Hyliion.
Nasdaq launch Thurs 1.30am NZ.6,000 plus kiwi investors,good luck for the listing.
So purchase VACQ stock before 25 Aug and then it converts on listing of RKLB, is that right?
Dont know if you have enough time or not .im not a holder and dislike SPAC 's,too many snouts in the trough.
Stake seem to think that that is right...
https://hellostake.com/au/blog/stake...lab-how-to-buy
RKLB down 10%, makes my US portfolio look shabby. I should have listened to the voice of reason that reads: "dislike SPAC 's, too many snouts in the trough". Thank goodness for pie funds, people who actually know how to make money. Of course the theory is that I load up on more of RKLB at this price. Your thoughts?
Currently hold around USD10K spread among NYSE: ETN (a utility), VECCO, LSCC (obscure semiconductors) WFC, JPM, (Banks) AAPL. Tips from https://kratistoinvesting.blogspot.com/, who had nothing to say about RKLB
Ah a fellow fruit enthusiast hello, Rocketlab is my largest holding with Apple being second. Happy to wait on this flower to bloom in 5-10 years as I'm relatively young. Will wait until price stabilises before I jump back in around $7-8 (if it falls that far) and then BLAM plasma everywhere.
It's a shame Peter Beck isn't more of a showman otherwise we'd already be on Tendie Mountain right now!
Can anyone point me in the direction of financials for Rocketlab, Ive seen them somewhere but cannot remember where ?
Earnings announcement* for RKLB: Sep 08, 2021
Rocket Lab USA, Inc. is expected* to report earnings on 09/08/2021 after market close. The report will be for the fiscal Quarter ending Jun 2021.
https://www.nasdaq.com/market-activi.../rklb/earnings
Will be interesting.
it was a buy last week...
hindsight.
whats the future development path.
a very interesting company.
profit may not matter as much as whats in the LAB.
https://nz.finance.yahoo.com/news/ro...203000504.html
I keep telling my son to get his resume in to them.
Yes this has launched much quicker than I expected. Almost topped up when it was around $10.30 but didnt sadly. Will definitely top up if it drops back a bit, but hey the current price may actually be a bargain :confused: Enjoy the ride people :)
Attachment 12925
shooting like a rocket?
:ohmy::ohmy::ohmy::ohmy::ohmy::ohmy::ohmy::ohmy::o hmy::ohmy::ohmy::ohmy::ohmy::ohmy:
How long before Rocket Lab leaves the Mahia Peninsula? Some locals are unhappy and now the Green Party MP Teanau Tuiono has produced a Member's Bill to restrict the launch of military hardware from the site. Not only that but he supports the unhappy locals who say there is an impact on local birds and seafood so cultural assessments are required.
****. WSB has got a hold of it.
My monies on a pump and dump, although where that starts and stops I'm not so sure. Prepare for volatility.
Ok so I had to look up tendies and also WSB as The Bear is not familiar with that lingo either JT :confused:
So apparently Tendies is a term Reddits Wall Street Bets WSB use to mean financial gain on the stock market :cool:
Wall Street Bets (WSB) is the Reddit forum that's been ramping and pumping stocks and leaving the latecomers holding the bag i.e. the GameStop rise(s). They can break a company and its share price for a period - as price discovery goes out the window and mania sets in. I think I'll change to an averaging-in strategy for this as I was wanting to hold for a long time, but its gunna be a mess for the SP.
The price of RKLB will be volatile for a while I would swing trade it and take profit but not comfortable on missing gains. Just an FYI this isn't a staple stock of the WSB forum like GME, AMC, $WISH, PLTR etc but it will get some pumps when some ape drops a decent DD post or when RKLB goes to the moon/mars (which will be meme'd and posted non stop).
Nice to see a couple of others here who frequent WSB. I have been following the sub for about a year and there are a lot of pumps and dumps. Hopefully RKLB won't fall into that category. On WSB you get the odd post that stands out, but a lot of what is being promoted is absolute rubbish and the standard of some "DD" is pretty low.
Will be interesting to see what happens when the markets open overnight
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Interested to see what the plans of others is here are you holding and buying dips or cashing out now and re-entering when things cool off?
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Canaccord Genuity Initiates Coverage On Rocket Lab USA with Buy Rating, Announces Price Target of $30 (NY open)
BOOM! Couldnt believe my eyes this morning! My holding is up 86% :eek2: Not selling, barring an unexpected event this is a long term hold for me and I will top up on any dips. Enjoy the ride people!
I will hold what I have long term, but not interested in buying more. I thought it was high risk at $10.
Yes I agree Turnip it is a very high risk investment. I suspect it will take a big dive back in the not to distant future, which might even be tonight. Who knows. I do know I got a bit excited with myself today and wished I had more. I think its called exuberant greed :p so I will sit back and watch for a while and try and curb my impulsive tendency ;)
If you are prepared to hold for 10 years then go for it. If you want a quick return, then head to the Casino or follow the horses. Check out: https://www.crowdcast.io/e/lunch-money-peter-beck.
https://youtu.be/hW_df95t1jc
Direct link above. He said they went public so they could more easily do acquisitions. I still like the story.
"head to the Casino or follow the horses. "
Aristo AUS making a play for a UK on line market. PlayTech.
ASX:ALL
Typo......
Hmm The Bear is in the red now :mellow: hmmm wonder when to top up :confused: long term hold for me so expecting a roller coaster ride….to the Moon :cool:
results out in 45 mins / 10am NZ I believe
Big drop overnight, now trading just over IPO price.....
Still launching rockets and one of a very select few to be doing so, are investors bored???
Yes OUCH! In the red now. Hmm whether to top up or not is the question! :confused:
Long term hold for me, so accumulation at this point.
Great company, quite an exciting story to follow!
Isn't it funny how buying at USD11.88 can switch USD12.00 from support to resistance. . .
Trading at $8.70, a 57% decrease from peak and well below IPO.
The market is strange, a good time to be buying?
I am well in the red with this one now, and while it is tempting to buy a few at these levels I did that at $9.60 thinking that was a bargain…. Hmmm so its probably best to wait until the trend changes, although buying as a long term hold may prove worthwhile but who would know :confused:
Up 16% last night :eek2: was expecting it would go down
I had to restart the app this morning.
Nice update on the new contract. Looking forward to coming back in 5 years to see how they have progressed!
Not doing so well our Rocket Lab, seems to be heading back to earth and not racing to the moon :mellow: Darn
At least it will be fun to watch them try their first Electron recovery, I hope we get live pictures:
https://www.rocketlabusa.com/updates...-next-mission/
Geepers down to $6.50 USD. Ouch.
Hmmm still think it has a lot of potential to do very very well. Tempting to top up at these levels but it may keep on going down to who knows what level. Best wait and watch I guess.
anyone else still holding?
Yes indeed, after another successful launch and also catching the rocket booster (though the pilot had to drop it after it showed unpredicted behaviour....).
I am still accumulating, though am down about 22% after dca. This company is a real NZ success story, even with what they have done so far. Their future plans will take it to the next level if they are successful in carrying them out. It's a pity the share price has had a rough ride, fwiw I will keep buying!
Good to hear you are on board partya and buying :)
Down to $5.78, it makes you wonder what forces are at play here.....
A lot of positive publicity overseas, plus new announcements of signed launch deals.
'Be greedy when others are fearful' and all that!
Yes I am pondering whether to top up…..I agree they appear to be doing very well….but the market appears to think otherwise…..hmmmm tempting thats for sure….but I thought that @ $8 :mellow:
Interesting read, some very positive things happening. This encourages me to top up
Paywalled
https://www.nzherald.co.nz/business/...NKTX46OINBD6I/
Yes, some interesting news after the Q1 22 announcement. Much the same as the Herald article -
https://finance.yahoo.com/news/rocke...201500290.html
https://www.businesswire.com/news/ho...on-to-the-Moon
The Capstone mission is quite exciting! Launching in around a fortnight.....
Down 15% last night to $4.70! :scared: Holly heck
An interesting comparison -
SpaceX (a privately held company) is reported to have a value of $100 - $125 billion US dollars.
SpaceX and Rocket Lab are considered to be the two most successful non-government owned/funded aerospace companies, by virtue of successfully launching multiple vehicles into LEO or beyond.
Rocket Lab is currently valued at just over $2 billion US dollars.
While Rocket Lab is not as advanced as SpaceX, one could presume there should be some long term gain on the Rocket Lab share price?
Disc : Fanboy and holder!
Geeze - Four dollar 56 currently - I remember when these things were 12-14 bucks
Capstone mission due to launch next week - https://www.rocketlabusa.com/missions/next-mission/
Will be a big milestone if it is successful. Though working on other successful launches, the share price is likely to go down, haha.
Got some more this morning at $3.96, surely it wont be down in the 3's again?
I wouldn't be too surprised.......
Lots of trading in the low $4 region today.
The Capstone mission launch window opens on the 25th, will be interesting. Mahia to the moon!
Learn some TA, read the charts, it tells you about market sentiment. Would you like me to post some stats on buying this blindly, in the face of market sentiment killing this IPO and stock? Its time will come but it is not right now. The patient will reap reap the future, but that's not right now either, the chart tells you that.
Just been watching Rocket Labs Capstone Launch to the Moon! WOW soo far so good and soo cool to watch it gave the Bear prickly skin :eek2: Hard to believe this rocket was launched from our own wee part of the world, good old NZ!! Now its time for the share price to rocket to the Moon as well!! :D
Does that mean you are not part of the Rocket Lab fan club? :D
I have to declare I have a personal interest in Rocket Lab. I grew up with Peter Beck. His Dad Russel was my Dads best friend. So I know Peter and I have the greatest respect for what he has achieved so far. I believe Rocket Lab will be very successful but hey I may be wrong and they crash and burn. Time will tell. Happy holder in the meantime :)