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    Default 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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    Quote Originally Posted by Ninefingers View Post
    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
    Last edited by Sir Ten; 02-03-2021 at 11:07 AM.

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    Default

    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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    Quote Originally Posted by Sir Ten View Post
    "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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    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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    Quote Originally Posted by Cricketfan View Post
    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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    Quote Originally Posted by Cricketfan View Post
    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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    US$13.41 $13.41 atm down from US$14

    Vector A$cquisition Corporation (Nasdaq: VACQ)


    Last edited by Joshuatree; 03-03-2021 at 06:14 PM. Reason: stuffed if i know wont work

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    Quote Originally Posted by Joshuatree View Post
    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 .
    om mani peme hum

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    Quote Originally Posted by Snow Leopard View Post
    "stuffed if i know wont work"

    White text on a white background. It's not rocket science .
    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.

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    Quote Originally Posted by Snow Leopard View Post
    "stuffed if i know wont work"

    White text on a white background. It's not rocket science .
    How do you hide in the snow then

    closed at $11.33, $11.72 after hours.
    Last edited by Joshuatree; 05-03-2021 at 11:40 AM.

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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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    Anyone else on here grappling with what to do with PALANTIR ?
    https://nz.finance.yahoo.com/quote/PLTR?p=PLTR

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    Have kept buying - my average cost is still just under $20 if the sp drops I'll buy more, great company mid to long term...
    Quote Originally Posted by RTM View Post
    Anyone else on here grappling with what to do with PALANTIR ?
    https://nz.finance.yahoo.com/quote/PLTR?p=PLTR

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    Quote Originally Posted by RTM View Post
    Anyone else on here grappling with what to do with PALANTIR ?
    https://nz.finance.yahoo.com/quote/PLTR?p=PLTR
    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.

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    Quote Originally Posted by MarineSalvage View Post
    Have kept buying - my average cost is still just under $20 if the sp drops I'll buy more, great company mid to long term...
    Quote Originally Posted by Ferg View Post
    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.

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    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.

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    "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

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    added more this morning to both my daughters holdings and mine... good long term accumulate and hold imho

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