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Thread: Rocket Lab

  1. #1
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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.

  2. #2
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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.

  3. #3
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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......

  7. #7
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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

  8. #8
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    Trying to post again
    Its trading ,Vector Acquisition Corp Nasdaq VACQ down re 5% to re $US 13.50 atm

  9. #9
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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

  10. #10
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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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