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.