BettyT
2021-12-06
Buffett decision is 99.9% correct.
Nu Holdings IPO Forecast: Will Buffett Be Lucky This Time With Nubank?<blockquote>Nu Holdings IPO预测:巴菲特这次在Nubank会走运吗?</blockquote>
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The company is backed by Berkshire Hathaway, which is chaired by legendary investor Warren Buffett. What’s the forecast for Nu stock and will it be a good IPO to buy?</p><p><blockquote>Nubank的母公司巴西金融科技公司Nu Holdings降低了IPO价格。该公司由传奇投资者沃伦·巴菲特担任董事长的伯克希尔·哈撒韦公司支持。对Nu股票的预测如何?它会是一个值得购买的IPO吗?</blockquote></p><p> Paytm, the Indian fintech startup backed by Berkshire Hathaway, went public in November. The IPO flopped and investors lost millions of dollars on listing day. StoneCo, another Brazilian fintech startup that counts Berkshire as an investor, has fallen over 80 percent this year.</p><p><blockquote>伯克希尔哈撒韦公司支持的印度金融科技初创公司Paytm于11月上市。IPO失败,投资者在上市当天损失了数百万美元。另一家将伯克希尔视为投资者的巴西金融科技初创公司StoneCo今年股价下跌超过80%。</blockquote></p><p> Nu Holdings lowered the IPO price range before the IPO in December.</p><p><blockquote>Nu Holdings在12月IPO前下调了IPO价格区间。</blockquote></p><p> Nu Holdings is expected to start trading later in December. However, the company has lowered the IPO price range to $8–$9. Previously, the company kept the IPO price range between $10 and $11.</p><p><blockquote>Nu Holdings预计将于12月晚些时候开始交易。不过,该公司已将IPO价格区间下调至8-9美元。此前,该公司将IPO价格区间维持在10美元至11美元之间。</blockquote></p><p> Leading funds like Morgan Stanley, Tiger Global Management, SoftBank Latin America Funds, and TCV are expected to be anchor investors in the IPO and invest a collective $1.3 billion in the company.</p><p><blockquote>摩根士丹利、老虎全球管理、软银拉丁美洲基金和TCV等领先基金预计将成为此次IPO的主要投资者,并向该公司总共投资13亿美元。</blockquote></p><p> As part of the IPO, Nu Holdings plans to sell around 289.2 million shares. The shares would rise to 317.7 million if the underwriters exercise the over allotment option. The company could raise over $2.6 billion from the IPO at the midpoint if the underwriters exercise the overallotment option.</p><p><blockquote>作为IPO的一部分,Nu Holdings计划出售约2.892亿股股票。如果承销商行使超额配股权,该股将增至3.177亿股。如果承销商行使超额配售选择权,该公司可能会从中点通过IPO筹集超过26亿美元的资金。</blockquote></p><p> Nu Holdings intends to use the money for general corporate purposes. It might also look at acquisitions but at this point, it doesn't have any agreements for an acquisition.</p><p><blockquote>Nu Holdings打算将这笔钱用于一般公司用途。它也可能会考虑收购,但目前还没有任何收购协议。</blockquote></p><p> Nu Holdings is valued at over $40 billion.</p><p><blockquote>Nu Holdings的估值超过400亿美元。</blockquote></p><p> At the top end of the IPO price range, Nu Holdings would be valued at $41.5 billion. While it's lower than the around $50 billion valuation that the company was previously seeking, it's higher than the market cap of Itau Unibanco Holding SA, which is the largest private sector bank in Brazil.</p><p><blockquote>按照IPO价格范围的上限,Nu Holdings的估值将达到415亿美元。虽然低于该公司此前寻求的约500亿美元估值,但高于巴西最大的私营银行Itau Unibanco Holding SA的市值。</blockquote></p><p> Markets have a different valuation yardstick for fintech companies. While the IPO of Chinese fintech giant Ant Financial was blocked by Chinese regulators, the company was set to have a market cap above that of JPMorgan Chase—the largest U.S. bank.</p><p><blockquote>市场对金融科技公司有不同的估值标准。尽管中国金融科技巨头蚂蚁金服的IPO被中国监管机构阻止,但该公司的市值将高于美国最大的银行摩根大通。</blockquote></p><p> Nu Holdings stock appears somewhat overvalued.</p><p><blockquote>Nu Holdings的股票似乎有些高估。</blockquote></p><p> Along with the absolute valuations, we also need to look at relative valuations. Nu Holdings reported revenues of $737.1 million in 2020 and $612.1 million in 2019. While its growth stalled in 2020 due to the COVID-19 pandemic, it's back on the growth track again.</p><p><blockquote>除了绝对估值,我们还需要看相对估值。Nu Holdings报告2020年收入为7.371亿美元,2019年收入为6.121亿美元。虽然由于COVID-19大流行,其增长在2020年陷入停滞,但它又回到了增长轨道。</blockquote></p><p> In the first nine months of 2021, Nu Holdings' revenues almost doubled YoY to $1.06 billion. However, like most other fintech companies, Nu Holdings is also posting losses and in 2020 its net losses were $193.2 million. In the first nine months of 2021, Nu Holdings has posted a net loss of $81.7 million, which is slightly higher than in the corresponding period last year.</p><p><blockquote>2021年前9个月,Nu Holdings的收入同比几乎翻了一番,达到10.6亿美元。然而,与大多数其他金融科技公司一样,Nu Holdings也出现亏损,2020年其净亏损为1.932亿美元。2021年前9个月,Nu Holdings净亏损8170万美元,略高于去年同期。</blockquote></p><p> Looking at the IPO price range, we get a 2020 price-to-sales multiple of just above 56x. The valuations seem stretched at these price levels.</p><p><blockquote>从IPO价格范围来看,我们得到2020年市销率略高于56倍。在这些价格水平上,估值似乎过高。</blockquote></p><p> Nu Holdings was valued at $30 billion after the June 2021 funding round, which was led by Berkshire Hathaway. In the IPO, Nu Holdings is seeking a valuation 38 percent higher than its most recent private market valuation. Looking at the recent weakness in U.S. stock markets and the expected rate hikes, Nu Holdings' IPO looks somewhat overpriced at these prices.</p><p><blockquote>在2021年6月由伯克希尔哈撒韦公司领投的一轮融资后,Nu Holdings的估值为300亿美元。在IPO中,Nu Holdings寻求的估值比其最近的私募市场估值高38%。考虑到最近美国股市的疲软和加息预期,Nu Holdings的IPO在这些价格上看起来有些高估。</blockquote></p><p></p>","source":"lsy1625047681125","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nu Holdings IPO Forecast: Will Buffett Be Lucky This Time With Nubank?<blockquote>Nu Holdings IPO预测:巴菲特这次在Nubank会走运吗?</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNu Holdings IPO Forecast: Will Buffett Be Lucky This Time With Nubank?<blockquote>Nu Holdings IPO预测:巴菲特这次在Nubank会走运吗?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">market realist</strong><span class=\"h-time small\">2021-12-06 10:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p> Brazilian fintech company Nu Holdings, which is the parent company for Nubank, has lowered the IPO price. The company is backed by Berkshire Hathaway, which is chaired by legendary investor Warren Buffett. What’s the forecast for Nu stock and will it be a good IPO to buy?</p><p><blockquote>Nubank的母公司巴西金融科技公司Nu Holdings降低了IPO价格。该公司由传奇投资者沃伦·巴菲特担任董事长的伯克希尔·哈撒韦公司支持。对Nu股票的预测如何?它会是一个值得购买的IPO吗?</blockquote></p><p> Paytm, the Indian fintech startup backed by Berkshire Hathaway, went public in November. The IPO flopped and investors lost millions of dollars on listing day. StoneCo, another Brazilian fintech startup that counts Berkshire as an investor, has fallen over 80 percent this year.</p><p><blockquote>伯克希尔哈撒韦公司支持的印度金融科技初创公司Paytm于11月上市。IPO失败,投资者在上市当天损失了数百万美元。另一家将伯克希尔视为投资者的巴西金融科技初创公司StoneCo今年股价下跌超过80%。</blockquote></p><p> Nu Holdings lowered the IPO price range before the IPO in December.</p><p><blockquote>Nu Holdings在12月IPO前下调了IPO价格区间。</blockquote></p><p> Nu Holdings is expected to start trading later in December. However, the company has lowered the IPO price range to $8–$9. Previously, the company kept the IPO price range between $10 and $11.</p><p><blockquote>Nu Holdings预计将于12月晚些时候开始交易。不过,该公司已将IPO价格区间下调至8-9美元。此前,该公司将IPO价格区间维持在10美元至11美元之间。</blockquote></p><p> Leading funds like Morgan Stanley, Tiger Global Management, SoftBank Latin America Funds, and TCV are expected to be anchor investors in the IPO and invest a collective $1.3 billion in the company.</p><p><blockquote>摩根士丹利、老虎全球管理、软银拉丁美洲基金和TCV等领先基金预计将成为此次IPO的主要投资者,并向该公司总共投资13亿美元。</blockquote></p><p> As part of the IPO, Nu Holdings plans to sell around 289.2 million shares. The shares would rise to 317.7 million if the underwriters exercise the over allotment option. The company could raise over $2.6 billion from the IPO at the midpoint if the underwriters exercise the overallotment option.</p><p><blockquote>作为IPO的一部分,Nu Holdings计划出售约2.892亿股股票。如果承销商行使超额配股权,该股将增至3.177亿股。如果承销商行使超额配售选择权,该公司可能会从中点通过IPO筹集超过26亿美元的资金。</blockquote></p><p> Nu Holdings intends to use the money for general corporate purposes. It might also look at acquisitions but at this point, it doesn't have any agreements for an acquisition.</p><p><blockquote>Nu Holdings打算将这笔钱用于一般公司用途。它也可能会考虑收购,但目前还没有任何收购协议。</blockquote></p><p> Nu Holdings is valued at over $40 billion.</p><p><blockquote>Nu Holdings的估值超过400亿美元。</blockquote></p><p> At the top end of the IPO price range, Nu Holdings would be valued at $41.5 billion. While it's lower than the around $50 billion valuation that the company was previously seeking, it's higher than the market cap of Itau Unibanco Holding SA, which is the largest private sector bank in Brazil.</p><p><blockquote>按照IPO价格范围的上限,Nu Holdings的估值将达到415亿美元。虽然低于该公司此前寻求的约500亿美元估值,但高于巴西最大的私营银行Itau Unibanco Holding SA的市值。</blockquote></p><p> Markets have a different valuation yardstick for fintech companies. While the IPO of Chinese fintech giant Ant Financial was blocked by Chinese regulators, the company was set to have a market cap above that of JPMorgan Chase—the largest U.S. bank.</p><p><blockquote>市场对金融科技公司有不同的估值标准。尽管中国金融科技巨头蚂蚁金服的IPO被中国监管机构阻止,但该公司的市值将高于美国最大的银行摩根大通。</blockquote></p><p> Nu Holdings stock appears somewhat overvalued.</p><p><blockquote>Nu Holdings的股票似乎有些高估。</blockquote></p><p> Along with the absolute valuations, we also need to look at relative valuations. Nu Holdings reported revenues of $737.1 million in 2020 and $612.1 million in 2019. While its growth stalled in 2020 due to the COVID-19 pandemic, it's back on the growth track again.</p><p><blockquote>除了绝对估值,我们还需要看相对估值。Nu Holdings报告2020年收入为7.371亿美元,2019年收入为6.121亿美元。虽然由于COVID-19大流行,其增长在2020年陷入停滞,但它又回到了增长轨道。</blockquote></p><p> In the first nine months of 2021, Nu Holdings' revenues almost doubled YoY to $1.06 billion. However, like most other fintech companies, Nu Holdings is also posting losses and in 2020 its net losses were $193.2 million. In the first nine months of 2021, Nu Holdings has posted a net loss of $81.7 million, which is slightly higher than in the corresponding period last year.</p><p><blockquote>2021年前9个月,Nu Holdings的收入同比几乎翻了一番,达到10.6亿美元。然而,与大多数其他金融科技公司一样,Nu Holdings也出现亏损,2020年其净亏损为1.932亿美元。2021年前9个月,Nu Holdings净亏损8170万美元,略高于去年同期。</blockquote></p><p> Looking at the IPO price range, we get a 2020 price-to-sales multiple of just above 56x. The valuations seem stretched at these price levels.</p><p><blockquote>从IPO价格范围来看,我们得到2020年市销率略高于56倍。在这些价格水平上,估值似乎过高。</blockquote></p><p> Nu Holdings was valued at $30 billion after the June 2021 funding round, which was led by Berkshire Hathaway. In the IPO, Nu Holdings is seeking a valuation 38 percent higher than its most recent private market valuation. Looking at the recent weakness in U.S. stock markets and the expected rate hikes, Nu Holdings' IPO looks somewhat overpriced at these prices.</p><p><blockquote>在2021年6月由伯克希尔哈撒韦公司领投的一轮融资后,Nu Holdings的估值为300亿美元。在IPO中,Nu Holdings寻求的估值比其最近的私募市场估值高38%。考虑到最近美国股市的疲软和加息预期,Nu Holdings的IPO在这些价格上看起来有些高估。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://marketrealist.com/p/nu-holdings-ipo-forecast/\">market realist</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NU":"Nu Holdings Ltd."},"source_url":"https://marketrealist.com/p/nu-holdings-ipo-forecast/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165744324","content_text":"Brazilian fintech company Nu Holdings, which is the parent company for Nubank, has lowered the IPO price. The company is backed by Berkshire Hathaway, which is chaired by legendary investor Warren Buffett. What’s the forecast for Nu stock and will it be a good IPO to buy?\n\nPaytm, the Indian fintech startup backed by Berkshire Hathaway, went public in November. The IPO flopped and investors lost millions of dollars on listing day. StoneCo, another Brazilian fintech startup that counts Berkshire as an investor, has fallen over 80 percent this year.\n\nNu Holdings lowered the IPO price range before the IPO in December.\nNu Holdings is expected to start trading later in December. However, the company has lowered the IPO price range to $8–$9. Previously, the company kept the IPO price range between $10 and $11.\n\nLeading funds like Morgan Stanley, Tiger Global Management, SoftBank Latin America Funds, and TCV are expected to be anchor investors in the IPO and invest a collective $1.3 billion in the company.\n\nAs part of the IPO, Nu Holdings plans to sell around 289.2 million shares. The shares would rise to 317.7 million if the underwriters exercise the over allotment option. The company could raise over $2.6 billion from the IPO at the midpoint if the underwriters exercise the overallotment option.\n\nNu Holdings intends to use the money for general corporate purposes. It might also look at acquisitions but at this point, it doesn't have any agreements for an acquisition.\n\nNu Holdings is valued at over $40 billion.\nAt the top end of the IPO price range, Nu Holdings would be valued at $41.5 billion. While it's lower than the around $50 billion valuation that the company was previously seeking, it's higher than the market cap of Itau Unibanco Holding SA, which is the largest private sector bank in Brazil.\n\nMarkets have a different valuation yardstick for fintech companies. While the IPO of Chinese fintech giant Ant Financial was blocked by Chinese regulators, the company was set to have a market cap above that of JPMorgan Chase—the largest U.S. bank.\n\nNu Holdings stock appears somewhat overvalued.\nAlong with the absolute valuations, we also need to look at relative valuations. Nu Holdings reported revenues of $737.1 million in 2020 and $612.1 million in 2019. While its growth stalled in 2020 due to the COVID-19 pandemic, it's back on the growth track again.\n\nIn the first nine months of 2021, Nu Holdings' revenues almost doubled YoY to $1.06 billion. However, like most other fintech companies, Nu Holdings is also posting losses and in 2020 its net losses were $193.2 million. In the first nine months of 2021, Nu Holdings has posted a net loss of $81.7 million, which is slightly higher than in the corresponding period last year.\n\nLooking at the IPO price range, we get a 2020 price-to-sales multiple of just above 56x. The valuations seem stretched at these price levels.\n\nNu Holdings was valued at $30 billion after the June 2021 funding round, which was led by Berkshire Hathaway. In the IPO, Nu Holdings is seeking a valuation 38 percent higher than its most recent private market valuation. Looking at the recent weakness in U.S. stock markets and the expected rate hikes, Nu Holdings' IPO looks somewhat overpriced at these prices.","news_type":1,"symbols_score_info":{"NU":0.9}},"isVote":1,"tweetType":1,"viewCount":964,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":30,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/608569119"}
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