Keng88, I didnt sell mine before. Last time I sell then forget to buy back, I was left too far. The retrace give me a glimpse of hope and I buy back. Only this time I didnt sell on news afraid might be left again.
SoftBank Group Corp. (ソフトバンクグループ株式会社, SofutoBanku Gurūpu Kabushiki gaisha) is a Japanese multinational investment holding company headquartered in Minato, Tokyo which focuses on investment management.[2] The group primarily invests in companies operating in technology that offer goods and services to customers in a multitude of markets and industries ranging from the internet to automation.[3] With over $100 billion in capital at its onset, SoftBank’s Vision Fund is the world's largest technology-focused venture capital fund. Fund investors included sovereign wealth funds from countries in the Middle East.[4][5][6]
The company is known for the leadership of its controversial[7][8][9][10] founder and largest shareholder Masayoshi Son.[11][12][13] Its investee companies, subsidiaries and divisions, including several unprofitable unicorns,[14][15] operate in robotics, artificial intelligence, software, logistics, transportation, biotechnology, robotic process automation, proptech, real estate, hospitality, broadband, fixed-line telecommunications, e-commerce, information technology, finance, media and marketing, and other areas.[16] Among its most internationally recognizable current stockholdings are stakes in Arm[17] (semiconductors), Alibaba[18] (e-commerce), OYO Rooms[19] (hospitality), WeWork[20] (coworking) and Deutsche Telekom[21] (telecommunications). SoftBank Corporation, its spun-out affiliate and former flagship business, is the third-largest wireless carrier in Japan, with 45.621 million subscribers as of March 2021.[22] Poor investment decisions of Masayoshi Son’s SoftBank Group led to a panoply of losing investments across the history of the company.[23][24]
SoftBank was ranked in the 2017 Forbes Global 2000 list as the 36th largest public company in the world[25] and the second-largest publicly traded company in Japan after Toyota.[26]
The logo of SoftBank is based on the flag of the Kaientai, a naval trading company founded in 1865, near the end of the Tokugawa shogunate, by Sakamoto Ryōma.[27]
Although SoftBank does not affiliate itself to any traditional keiretsu, it has close ties with Mizuho Financial Group, its primary lender.[28]
91,013,200 new CATCHA shares issued pursuant to the "acquisition" and 126,432,058 new CATCHA shares issued pursuant to rights issue. Even the rights issue was "under subscribed"
Thus, the number of new shares in circulation in the market should be limited.
Furthermore, the prices of share are determined by the supply and demand and so many other factors.
Of course, there could be profit taking in between.
That's the reason I stick to my mid to long term investment plan.
( My personal opinion. Not a buy or sell call. Trade at your own risk. )
Patrick Grove is indeed a successful entrepreneur known for creating significant value for shareholders through his various ventures, including Catcha Digital. Here are some key reasons why Patrick Grove has been successful in creating value for shareholders:
Vision and Innovation: Patrick Grove's ability to identify emerging trends and foresee opportunities in the digital landscape has been instrumental in the success of his ventures. He has consistently demonstrated a forward-thinking approach, launching businesses in industries that were poised for growth and disruption.
Diversified Portfolio: Grove's strategy of diversifying his business portfolio has helped spread risk and maximize returns. He has been involved in various industries, including digital media, advertising, e-commerce, and fintech, allowing him to capture growth from multiple sectors.
Market Leadership: Catcha Digital, under Grove's leadership, became a market leader in the digital media and advertising space in Southeast Asia. Being a pioneer in the region gave Catcha Digital a competitive advantage and allowed the company to command a significant share of the market.
Business Acumen: Grove's strong business acumen and decision-making skills have been critical in driving the success of his ventures. He has made strategic investments, acquisitions, and partnerships that have helped fuel growth and expand his companies' reach.
Focus on User Experience: Grove's companies have consistently focused on delivering excellent user experiences, whether through online portals, e-commerce platforms, or streaming services. Prioritizing customer satisfaction has contributed to brand loyalty and increased market share.
Embracing Technology: As an entrepreneur in the digital era, Grove has been quick to adopt and leverage technology to improve operational efficiency and enhance the products and services offered by his companies.
Successful Exits: Grove's ability to execute successful exits and monetize his ventures has also contributed to creating value for shareholders. He has managed to sell stakes or entire companies at opportune times, realizing significant returns for investors.
Corporate Governance and Transparency: Grove has maintained strong corporate governance practices and transparency, instilling trust and confidence among shareholders and stakeholders.
Long-term Vision: Instead of seeking quick profits, Grove has often taken a long-term approach to building and growing his businesses. This focus on sustainable growth and value creation has resonated with investors.
Conclusion:
Patrick Grove's success as an entrepreneur and his ability to create value for shareholders can be attributed to his visionary leadership, innovative mindset, and strategic decision-making. By diversifying his portfolio, embracing technology, and prioritizing customer experiences, Grove has positioned his ventures for sustained growth and success in the dynamic digital landscape. As the business landscape continues to evolve, Patrick Grove's entrepreneurial journey serves as an inspiration for aspiring entrepreneurs and investors alike.
forward PE 13x only base on conservative 30% growth in iMedia fyi their management project 60%, but i put a discount on their projection it is not pricey but not cheap also base on 30% growth. but if 60% as projected by their managment .......
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
MarioBros
474 posts
Posted by MarioBros > 2023-08-02 10:50 | Report Abuse
Keng88, I didnt sell mine before. Last time I sell then forget to buy back, I was left too far. The retrace give me a glimpse of hope and I buy back. Only this time I didnt sell on news afraid might be left again.