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Member
 Rocket Lab
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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Member
 Originally Posted by Ninefingers
"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
Last edited by Sir Ten; 02-03-2021 at 10:07 AM.
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Member
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.
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Originally Posted by Sir Ten
"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......
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.
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Member
In terms of the numbers, profit etc, how does this compare with companies like Tesla, Uber etc when they first listed?
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Originally Posted by Cricketfan
In terms of the numbers, profit etc, how does this compare with companies like Tesla, Uber etc when they first listed?
Has Uber made a profit yet?
I think Tesla only made its 1st profit last year after 17 years.
Not enough interest to look back and see what they promised at their listing......
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US$13.41 $13.41 atm down from US$14
Vector A$cquisition Corporation (Nasdaq: VACQ)
Last edited by Joshuatree; 03-03-2021 at 05:14 PM.
Reason: stuffed if i know wont work
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Trying to post again
Its trading ,Vector Acquisition Corp Nasdaq VACQ down re 5% to re $US 13.50 atm
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Originally Posted by Joshuatree
US$13.41 $13.41 atm down from US$14
Vector A$cquisition Corporation (Nasdaq: VACQ)
"stuffed if i know wont work"
White text on a white background. It's not rocket science  .
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Member
Originally Posted by Cricketfan
In terms of the numbers, profit etc, how does this compare with companies like Tesla, Uber etc when they first listed?
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...
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