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Tamilan
காசு பணம் துட்டு மணி
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Tamilan
2022-01-11
$Hall of Fame Resort & Entertainment(HOFV)$
insider buying...HOLD
Tamilan
2021-12-17
Great ariticle, would you like to share it?
@Tamilan:
$SoFi Technologies Inc.(SOFI)$
investors sold lot of shares in recent day.. check the company profile column
Tamilan
2021-12-17
$SoFi Technologies Inc.(SOFI)$
investors sold lot of shares in recent day.. check the company profile column
Tamilan
2021-12-06
As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this year
抱歉,原内容已删除
Tamilan
2021-12-06
$Clover Health Corp(CLOV)$
we all F***** up As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this year
Tamilan
2021-11-26
$Spirit Airlines(SAVE)$
DOES NOT HAVE ANY FLIGHTS TO AFRICA , SO FEAR WILL MAKE MONEY
Tamilan
2021-09-29
My one down 20% but thus is still fake news
86Research initiates coverage on TIGR with a BUY rating<blockquote>86Research首次对TIGR给予买入评级</blockquote>
Tamilan
2021-08-06
$Hall of Fame Resort & Entertainment(HOFV)$
games are started so should price go up
Tamilan
2021-07-30
$Lion-OSPL China L S$(YYY.SI)$
let’s get kick started
Tamilan
2021-07-28
$TIGR(TIGR)$
✅✅
Tamilan
2021-07-22
Staged the rocket,, yet to fire
去老虎APP查看更多动态
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href=\"https://laohu8.com/S/HOFV\">$Hall of Fame Resort & Entertainment(HOFV)$</a>insider buying...HOLD","listText":"<a href=\"https://laohu8.com/S/HOFV\">$Hall of Fame Resort & Entertainment(HOFV)$</a>insider buying...HOLD","text":"$Hall of Fame Resort & Entertainment(HOFV)$insider 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it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690220149","repostId":"690267465","repostType":1,"repost":{"id":690267465,"gmtCreate":1639670593948,"gmtModify":1639670594054,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554709228084997","idStr":"3554709228084997"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>investors sold lot of shares in recent day.. check the company profile column ","listText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>investors sold lot of shares in recent day.. check the company profile column ","text":"$SoFi Technologies Inc.(SOFI)$investors sold lot of shares in recent day.. check the company profile column","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690267465","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":955,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690267465,"gmtCreate":1639670593948,"gmtModify":1639670594054,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554709228084997","idStr":"3554709228084997"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>investors sold lot of shares in recent day.. check the company profile column ","listText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>investors sold lot of shares in recent day.. check the company profile column ","text":"$SoFi Technologies Inc.(SOFI)$investors sold lot of shares in recent day.. check the company profile column","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":2,"repostSize":1,"link":"https://laohu8.com/post/690267465","isVote":1,"tweetType":1,"viewCount":2872,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606003855,"gmtCreate":1638797908762,"gmtModify":1638799926288,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554709228084997","idStr":"3554709228084997"},"themes":[],"title":"","htmlText":"As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this year","listText":"As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this year","text":"As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606003855","repostId":"1147959487","repostType":2,"isVote":1,"tweetType":1,"viewCount":1445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606003908,"gmtCreate":1638797893312,"gmtModify":1638799926250,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554709228084997","idStr":"3554709228084997"},"themes":[],"title":"","htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a> we all F***** up As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this year","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a> we all F***** up As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this year","text":"$Clover Health Corp(CLOV)$ we all F***** up As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606003908","isVote":1,"tweetType":1,"viewCount":1411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877210807,"gmtCreate":1637934743066,"gmtModify":1637934743066,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554709228084997","idStr":"3554709228084997"},"themes":[],"title":"","htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/SAVE\">$Spirit Airlines(SAVE)$</a> DOES NOT HAVE ANY FLIGHTS TO AFRICA , SO FEAR WILL MAKE MONEY","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/SAVE\">$Spirit Airlines(SAVE)$</a> DOES NOT HAVE ANY FLIGHTS TO AFRICA , SO FEAR WILL MAKE MONEY","text":"$Spirit Airlines(SAVE)$ DOES NOT HAVE ANY FLIGHTS TO AFRICA , SO FEAR WILL MAKE MONEY","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877210807","isVote":1,"tweetType":1,"viewCount":1381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865010843,"gmtCreate":1632923246605,"gmtModify":1632923246672,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554709228084997","idStr":"3554709228084997"},"themes":[],"title":"","htmlText":"My one down 20% but thus is still fake news ","listText":"My one down 20% but thus is still fake news ","text":"My one down 20% but thus is still fake news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865010843","repostId":"1169529009","repostType":2,"repost":{"id":"1169529009","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632904196,"share":"https://www.laohu8.com/m/news/1169529009?lang=zh_CN&edition=full","pubTime":"2021-09-29 16:29","market":"us","language":"en","title":"86Research initiates coverage on TIGR with a BUY rating<blockquote>86Research首次对TIGR给予买入评级</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169529009","media":"Tiger Newspress","summary":"• 86Research initiates coverage on TIGR with a BUY rating. Growing demand for cross-border stock inv","content":"<p>• 86Research initiates coverage on TIGR with a BUY rating. Growing demand for cross-border stock investment in China and rising internet-based retail brokerage services globally together support strong industry fundamentals. TIGR, an early mover in the internet brokerage sector, significantly outperforms traditional brokers by providing better services for retail investors. Their price target of US$21 per ADS implies 83% upside potential from the latest market close price, despite possible sector-widevolatilityinChineseADRs.</p><p><blockquote>•86Research首次对TIGR给予买入评级。中国日益增长的跨境股票投资需求和全球范围内基于互联网的零售经纪服务的兴起共同支撑了强劲的行业基本面。TIGR是互联网券商领域的先行者,通过为散户投资者提供更好的服务,表现明显优于传统券商。尽管中国ADR可能出现全行业波动,但他们的目标价为每股ADR 21美元,这意味着较最新市场收盘价有83%的上涨潜力。</blockquote></p><p> • 86Research forecasts TIGR’s net revenues will reach US $668 mln in 2024, giving it a 4-yr CAGR of 51%. According to their projection, the number of customers with deposits on TIGR will reach 1.7 mln by the end of 2024. The total AUM and financing balance will exceed US$103 bln and US$5.5 bln, respectively. Trading volumes on TIGR are forecast to reach US$1,338 bln in 2024. 86Research expects the commission rate will remain largely flat. More derivatives trades will partially offset the negative impact from price competition. 86Research thinks the blended interest rate will decline due to the mix change of financing activities on the platform.</p><p><blockquote>•86 Research预测TIGR的净收入将在2024年达到6.68亿美元,4年复合年增长率为51%。根据他们的预测,到2024年底,TIGR存款客户数量将达到170万。总AUM和融资余额将分别超过1030亿美元和55亿美元。预计2024年TIGR的交易量将达到13,380亿美元。86研究预计佣金率将基本保持不变。更多的衍生品交易将部分抵消价格竞争的负面影响。86Research认为,由于平台融资活动的组合变化,混合利率将会下降。</blockquote></p><p> • 86Research derives their US$21 price target based on a 20x 2024E P/E multiple and 13% 2-yr discount rate. The PT implies 13.8x/11.7x/8.4x 2021E/2022E/2023E forward P/B multiples, reflecting a premium to global peers. HK license approval, progress in international expansion and US self-clearing are the key catalysts in the near term, while regulatory and macro uncertainties are the main investment risks. 86Research recommends investors buy the stock on recent pullbacks which have resulted from weak market sentiment. 86’s View on TIGR: BUY; PT$21/ADS; A Rising China-Based Internet Brokerage Platform; Global Expansion To Drive Long-term Growth; Recent pullbacks create a buying opportunity.</p><p><blockquote>•86 Research基于20 x 2024年市盈率和13%的2年贴现率得出21美元的目标价。PT意味着13.8 x/11.7 x/8.4 x 2021年/2022年/2023年E远期市净率倍数,反映出相对于全球同行的溢价。香港牌照批准、国际扩张进展和美国自我清算是近期的关键催化剂,而监管和宏观不确定性是主要的投资风险。86Research建议投资者在近期市场情绪疲软导致的回调中买入该股。86对TIGR的看法:买入;PT$21/ADS;一家正在崛起的中国互联网经纪平台;全球扩张以推动长期增长;最近的回调创造了买入机会。</blockquote></p><p> • 86Research is bullish on TIGR’s capability to continue to gain market share from traditional brokers. The strategic focus and operating efficiency of Internet companies give advantages to TIGR, such as lower pricing and better user experience in retail brokerage services. Moreover, TIGR provides more variety than most traditional brokers, enabling retail investors to trade securities in several markets in one app and one account.</p><p><blockquote>•86Research看好TIGR继续从传统经纪商那里获得市场份额的能力。互联网公司的战略重点和运营效率赋予了TIGR优势,例如在零售经纪服务方面更低的定价和更好的用户体验。此外,TIGR提供了比大多数传统经纪商更多的多样性,使散户投资者能够在一个应用程序和一个账户中交易多个市场的证券。</blockquote></p><p> • Non-commission revenues are ramping up quickly. Interest income will keep growing as more consolidated account (CA) account users will adopt self-funded financing services provided by TIGR. Their analysis suggests that the net interest spread of the financing services for CA account users was much higher than the rate of financing service for fully disclosed (FD) account users. In addition, the business development in investment banking and wealth management services are expected to contribute meaningful revenues.</p><p><blockquote>•非佣金收入快速增长。随着更多合并账户(CA)账户用户将采用TIGR提供的自筹资金融资服务,利息收入将持续增长。他们的分析表明,CA账户用户融资服务的净息差远高于完全披露(FD)账户用户融资服务的净息差。此外,投资银行及财富管理服务的业务发展预计将贡献可观的收入。</blockquote></p><p> • International expansion creates a new story. TIGR has ramped up its global expansion from 3Q20, mainly targeting Singapore and US markets. Singapore has more than 1 mln addressable individual investors, about half of the market size in HK. The US market has nearly 100 mln retail investors, with total assets of approximately $50 trillion. Although facing challenges in terms of culture, regulatory environment and competition, 86Research is positive that TIGR will capture more growth in its two promising markets.</p><p><blockquote>•国际扩张创造新故事。TIGR加大了从2020年第三季度的全球扩张力度,主要瞄准新加坡和美国市场。新加坡拥有超过100万潜在个人投资者,约为香港市场规模的一半。美国市场拥有近1亿散户投资者,总资产约50万亿美元。尽管面临文化、监管环境和竞争方面的挑战,86 Research乐观地认为TIGR将在其两个有前景的市场中获得更多增长。</blockquote></p><p> • TIGR’s stock price has been volatile. 86Research recommends investors buy on the dip. Recent stock market volatility will impact its financial performance but won‘t change the long-term growth story, in their view. The company continues to gain market share in retail brokerage services and develop non-commission businesses, such as margin financing, wealth management, order flows, etc.86Research is confident such growth can offset the cyclical impact from a long-term perspective.</p><p><blockquote>•TIGR的股价一直波动。86Research建议投资者逢低买入。他们认为,最近的股市波动将影响其财务业绩,但不会改变长期增长故事。该公司继续获得零售经纪服务的市场份额,并发展非佣金业务,如保证金融资、财富管理、订单流等。86 Research有信心从长期角度来看,这种增长可以抵消周期性影响。</blockquote></p><p> • HK license is a near-term catalyst. TIGR is expected to get a brokerage license in HK as soon as this year, which will enable it to run market campaigns and acquire users in the region. As a registered brokerage firm, TIGR can also build connections with banks to provide IPO subscriptions and financing services in Hong Kong and support the development of margin financing business.</p><p><blockquote>•香港牌照是近期的催化剂。TIGR预计最快将于今年在香港获得经纪牌照,这将使其能够在该地区开展市场活动并获取用户。作为注册券商,TIGR还可以与银行建立联系,在香港提供IPO认购和融资服务,并支持融资业务的发展。</blockquote></p><p></p>","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>86Research initiates coverage on TIGR with a BUY rating<blockquote>86Research首次对TIGR给予买入评级</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\">\n86Research initiates coverage on TIGR with a BUY rating<blockquote>86Research首次对TIGR给予买入评级</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-29 16:29</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>• 86Research initiates coverage on TIGR with a BUY rating. Growing demand for cross-border stock investment in China and rising internet-based retail brokerage services globally together support strong industry fundamentals. TIGR, an early mover in the internet brokerage sector, significantly outperforms traditional brokers by providing better services for retail investors. Their price target of US$21 per ADS implies 83% upside potential from the latest market close price, despite possible sector-widevolatilityinChineseADRs.</p><p><blockquote>•86Research首次对TIGR给予买入评级。中国日益增长的跨境股票投资需求和全球范围内基于互联网的零售经纪服务的兴起共同支撑了强劲的行业基本面。TIGR是互联网券商领域的先行者,通过为散户投资者提供更好的服务,表现明显优于传统券商。尽管中国ADR可能出现全行业波动,但他们的目标价为每股ADR 21美元,这意味着较最新市场收盘价有83%的上涨潜力。</blockquote></p><p> • 86Research forecasts TIGR’s net revenues will reach US $668 mln in 2024, giving it a 4-yr CAGR of 51%. According to their projection, the number of customers with deposits on TIGR will reach 1.7 mln by the end of 2024. The total AUM and financing balance will exceed US$103 bln and US$5.5 bln, respectively. Trading volumes on TIGR are forecast to reach US$1,338 bln in 2024. 86Research expects the commission rate will remain largely flat. More derivatives trades will partially offset the negative impact from price competition. 86Research thinks the blended interest rate will decline due to the mix change of financing activities on the platform.</p><p><blockquote>•86 Research预测TIGR的净收入将在2024年达到6.68亿美元,4年复合年增长率为51%。根据他们的预测,到2024年底,TIGR存款客户数量将达到170万。总AUM和融资余额将分别超过1030亿美元和55亿美元。预计2024年TIGR的交易量将达到13,380亿美元。86研究预计佣金率将基本保持不变。更多的衍生品交易将部分抵消价格竞争的负面影响。86Research认为,由于平台融资活动的组合变化,混合利率将会下降。</blockquote></p><p> • 86Research derives their US$21 price target based on a 20x 2024E P/E multiple and 13% 2-yr discount rate. The PT implies 13.8x/11.7x/8.4x 2021E/2022E/2023E forward P/B multiples, reflecting a premium to global peers. HK license approval, progress in international expansion and US self-clearing are the key catalysts in the near term, while regulatory and macro uncertainties are the main investment risks. 86Research recommends investors buy the stock on recent pullbacks which have resulted from weak market sentiment. 86’s View on TIGR: BUY; PT$21/ADS; A Rising China-Based Internet Brokerage Platform; Global Expansion To Drive Long-term Growth; Recent pullbacks create a buying opportunity.</p><p><blockquote>•86 Research基于20 x 2024年市盈率和13%的2年贴现率得出21美元的目标价。PT意味着13.8 x/11.7 x/8.4 x 2021年/2022年/2023年E远期市净率倍数,反映出相对于全球同行的溢价。香港牌照批准、国际扩张进展和美国自我清算是近期的关键催化剂,而监管和宏观不确定性是主要的投资风险。86Research建议投资者在近期市场情绪疲软导致的回调中买入该股。86对TIGR的看法:买入;PT$21/ADS;一家正在崛起的中国互联网经纪平台;全球扩张以推动长期增长;最近的回调创造了买入机会。</blockquote></p><p> • 86Research is bullish on TIGR’s capability to continue to gain market share from traditional brokers. The strategic focus and operating efficiency of Internet companies give advantages to TIGR, such as lower pricing and better user experience in retail brokerage services. Moreover, TIGR provides more variety than most traditional brokers, enabling retail investors to trade securities in several markets in one app and one account.</p><p><blockquote>•86Research看好TIGR继续从传统经纪商那里获得市场份额的能力。互联网公司的战略重点和运营效率赋予了TIGR优势,例如在零售经纪服务方面更低的定价和更好的用户体验。此外,TIGR提供了比大多数传统经纪商更多的多样性,使散户投资者能够在一个应用程序和一个账户中交易多个市场的证券。</blockquote></p><p> • Non-commission revenues are ramping up quickly. Interest income will keep growing as more consolidated account (CA) account users will adopt self-funded financing services provided by TIGR. Their analysis suggests that the net interest spread of the financing services for CA account users was much higher than the rate of financing service for fully disclosed (FD) account users. In addition, the business development in investment banking and wealth management services are expected to contribute meaningful revenues.</p><p><blockquote>•非佣金收入快速增长。随着更多合并账户(CA)账户用户将采用TIGR提供的自筹资金融资服务,利息收入将持续增长。他们的分析表明,CA账户用户融资服务的净息差远高于完全披露(FD)账户用户融资服务的净息差。此外,投资银行及财富管理服务的业务发展预计将贡献可观的收入。</blockquote></p><p> • International expansion creates a new story. TIGR has ramped up its global expansion from 3Q20, mainly targeting Singapore and US markets. Singapore has more than 1 mln addressable individual investors, about half of the market size in HK. The US market has nearly 100 mln retail investors, with total assets of approximately $50 trillion. Although facing challenges in terms of culture, regulatory environment and competition, 86Research is positive that TIGR will capture more growth in its two promising markets.</p><p><blockquote>•国际扩张创造新故事。TIGR加大了从2020年第三季度的全球扩张力度,主要瞄准新加坡和美国市场。新加坡拥有超过100万潜在个人投资者,约为香港市场规模的一半。美国市场拥有近1亿散户投资者,总资产约50万亿美元。尽管面临文化、监管环境和竞争方面的挑战,86 Research乐观地认为TIGR将在其两个有前景的市场中获得更多增长。</blockquote></p><p> • TIGR’s stock price has been volatile. 86Research recommends investors buy on the dip. Recent stock market volatility will impact its financial performance but won‘t change the long-term growth story, in their view. The company continues to gain market share in retail brokerage services and develop non-commission businesses, such as margin financing, wealth management, order flows, etc.86Research is confident such growth can offset the cyclical impact from a long-term perspective.</p><p><blockquote>•TIGR的股价一直波动。86Research建议投资者逢低买入。他们认为,最近的股市波动将影响其财务业绩,但不会改变长期增长故事。该公司继续获得零售经纪服务的市场份额,并发展非佣金业务,如保证金融资、财富管理、订单流等。86 Research有信心从长期角度来看,这种增长可以抵消周期性影响。</blockquote></p><p> • HK license is a near-term catalyst. TIGR is expected to get a brokerage license in HK as soon as this year, which will enable it to run market campaigns and acquire users in the region. As a registered brokerage firm, TIGR can also build connections with banks to provide IPO subscriptions and financing services in Hong Kong and support the development of margin financing business.</p><p><blockquote>•香港牌照是近期的催化剂。TIGR预计最快将于今年在香港获得经纪牌照,这将使其能够在该地区开展市场活动并获取用户。作为注册券商,TIGR还可以与银行建立联系,在香港提供IPO认购和融资服务,并支持融资业务的发展。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169529009","content_text":"• 86Research initiates coverage on TIGR with a BUY rating. Growing demand for cross-border stock investment in China and rising internet-based retail brokerage services globally together support strong industry fundamentals. TIGR, an early mover in the internet brokerage sector, significantly outperforms traditional brokers by providing better services for retail investors. Their price target of US$21 per ADS implies 83% upside potential from the latest market close price, despite possible sector-widevolatilityinChineseADRs.\n• 86Research forecasts TIGR’s net revenues will reach US $668 mln in 2024, giving it a 4-yr CAGR of 51%. According to their projection, the number of customers with deposits on TIGR will reach 1.7 mln by the end of 2024. The total AUM and financing balance will exceed US$103 bln and US$5.5 bln, respectively. Trading volumes on TIGR are forecast to reach US$1,338 bln in 2024. 86Research expects the commission rate will remain largely flat. More derivatives trades will partially offset the negative impact from price competition. 86Research thinks the blended interest rate will decline due to the mix change of financing activities on the platform.\n• 86Research derives their US$21 price target based on a 20x 2024E P/E multiple and 13% 2-yr discount rate. The PT implies 13.8x/11.7x/8.4x 2021E/2022E/2023E forward P/B multiples, reflecting a premium to global peers. HK license approval, progress in international expansion and US self-clearing are the key catalysts in the near term, while regulatory and macro uncertainties are the main investment risks. 86Research recommends investors buy the stock on recent pullbacks which have resulted from weak market sentiment. 86’s View on TIGR: BUY; PT$21/ADS; A Rising China-Based Internet Brokerage Platform; Global Expansion To Drive Long-term Growth; Recent pullbacks create a buying opportunity.\n• 86Research is bullish on TIGR’s capability to continue to gain market share from traditional brokers. The strategic focus and operating efficiency of Internet companies give advantages to TIGR, such as lower pricing and better user experience in retail brokerage services. Moreover, TIGR provides more variety than most traditional brokers, enabling retail investors to trade securities in several markets in one app and one account.\n• Non-commission revenues are ramping up quickly. Interest income will keep growing as more consolidated account (CA) account users will adopt self-funded financing services provided by TIGR. Their analysis suggests that the net interest spread of the financing services for CA account users was much higher than the rate of financing service for fully disclosed (FD) account users. In addition, the business development in investment banking and wealth management services are expected to contribute meaningful revenues.\n• International expansion creates a new story. TIGR has ramped up its global expansion from 3Q20, mainly targeting Singapore and US markets. Singapore has more than 1 mln addressable individual investors, about half of the market size in HK. The US market has nearly 100 mln retail investors, with total assets of approximately $50 trillion. Although facing challenges in terms of culture, regulatory environment and competition, 86Research is positive that TIGR will capture more growth in its two promising markets.\n• TIGR’s stock price has been volatile. 86Research recommends investors buy on the dip. Recent stock market volatility will impact its financial performance but won‘t change the long-term growth story, in their view. The company continues to gain market share in retail brokerage services and develop non-commission businesses, such as margin financing, wealth management, order flows, etc.86Research is confident such growth can offset the cyclical impact from a long-term perspective.\n• HK license is a near-term catalyst. TIGR is expected to get a brokerage license in HK as soon as this year, which will enable it to run market campaigns and acquire users in the region. As a registered brokerage firm, TIGR can also build connections with banks to provide IPO subscriptions and financing services in Hong Kong and support the development of margin financing business.","news_type":1,"symbols_score_info":{"TIGR":0.9}},"isVote":1,"tweetType":1,"viewCount":1141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":893687774,"gmtCreate":1628259909198,"gmtModify":1631887509241,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554709228084997","idStr":"3554709228084997"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/HOFV\">$Hall of Fame Resort & Entertainment(HOFV)$</a>games are started so should price go up ","listText":"<a href=\"https://laohu8.com/S/HOFV\">$Hall of Fame Resort & Entertainment(HOFV)$</a>games are started so should price go up ","text":"$Hall of Fame Resort & Entertainment(HOFV)$games are started so should price go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893687774","isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806800553,"gmtCreate":1627645509172,"gmtModify":1631888768510,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554709228084997","idStr":"3554709228084997"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/YYY.SI\">$Lion-OSPL China L S$(YYY.SI)$</a>let’s get kick started ","listText":"<a href=\"https://laohu8.com/S/YYY.SI\">$Lion-OSPL China L S$(YYY.SI)$</a>let’s get kick started ","text":"$Lion-OSPL China L S$(YYY.SI)$let’s get kick started","images":[{"img":"https://static.tigerbbs.com/9a3572b08be56c6e47d13539ddae3d92","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806800553","isVote":1,"tweetType":1,"viewCount":695,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":801921774,"gmtCreate":1627480223198,"gmtModify":1633764613570,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554709228084997","idStr":"3554709228084997"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR(TIGR)$</a>✅✅","listText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR(TIGR)$</a>✅✅","text":"$TIGR(TIGR)$✅✅","images":[{"img":"https://static.tigerbbs.com/b2c7895a1186cdaf4c37fcfe730eb028","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801921774","isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":176290252,"gmtCreate":1626884144276,"gmtModify":1633770084765,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554709228084997","idStr":"3554709228084997"},"themes":[],"title":"","htmlText":"Staged the rocket,, yet to fire ","listText":"Staged the rocket,, yet to fire ","text":"Staged the rocket,, yet to fire","images":[{"img":"https://static.tigerbbs.com/362eff871056f7add53b3ef9adb3bf1a","width":"825","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/176290252","isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":690267465,"gmtCreate":1639670593948,"gmtModify":1639670594054,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554709228084997","authorIdStr":"3554709228084997"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>investors sold lot of shares in recent day.. check the company profile column ","listText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>investors sold lot of shares in recent day.. check the company profile column ","text":"$SoFi Technologies Inc.(SOFI)$investors sold lot of shares in recent day.. check the company profile column","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":2,"repostSize":1,"link":"https://laohu8.com/post/690267465","isVote":1,"tweetType":1,"viewCount":2872,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":801921774,"gmtCreate":1627480223198,"gmtModify":1633764613570,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554709228084997","authorIdStr":"3554709228084997"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR(TIGR)$</a>✅✅","listText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR(TIGR)$</a>✅✅","text":"$TIGR(TIGR)$✅✅","images":[{"img":"https://static.tigerbbs.com/b2c7895a1186cdaf4c37fcfe730eb028","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801921774","isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":606003855,"gmtCreate":1638797908762,"gmtModify":1638799926288,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554709228084997","authorIdStr":"3554709228084997"},"themes":[],"title":"","htmlText":"As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this year","listText":"As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this year","text":"As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606003855","repostId":"1147959487","repostType":2,"repost":{"id":"1147959487","kind":"news","pubTimestamp":1638793685,"share":"https://www.laohu8.com/m/news/1147959487?lang=zh_CN&edition=full","pubTime":"2021-12-06 20:28","market":"us","language":"en","title":"With Hope and Hype Gone, Clover Health Will Now Remain a Penny Stock<blockquote>随着希望和炒作的消失,Clover Health现在仍将是一只低价股</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147959487","media":"InvestorPlace","summary":"As it struggles to control costs, don't expect continued top-line growth to fuel a recovery for CLOV","content":"<p><div> As it struggles to control costs, don't expect continued top-line growth to fuel a recovery for CLOV stock I may have called it one ahead of time. But now, after it’s slipped below $5 per share,Clover...</p><p><blockquote><div>由于它正在努力控制成本,因此不要指望持续的营收增长会推动CLOV股票的复苏我可能提前称之为复苏。但现在,在股价跌破每股5美元后,Clover……</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/12/clov-stock-now-penny-stock-expect-it-to-stay-that-way/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/clov-stock-now-penny-stock-expect-it-to-stay-that-way/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","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>With Hope and Hype Gone, Clover Health Will Now Remain a Penny Stock<blockquote>随着希望和炒作的消失,Clover Health现在仍将是一只低价股</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\">\nWith Hope and Hype Gone, Clover Health Will Now Remain a Penny Stock<blockquote>随着希望和炒作的消失,Clover Health现在仍将是一只低价股</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-06 20:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> As it struggles to control costs, don't expect continued top-line growth to fuel a recovery for CLOV stock I may have called it one ahead of time. But now, after it’s slipped below $5 per share,Clover...</p><p><blockquote><div>由于它正在努力控制成本,因此不要指望持续的营收增长会推动CLOV股票的复苏我可能提前称之为复苏。但现在,在股价跌破每股5美元后,Clover……</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/12/clov-stock-now-penny-stock-expect-it-to-stay-that-way/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/clov-stock-now-penny-stock-expect-it-to-stay-that-way/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://investorplace.com/2021/12/clov-stock-now-penny-stock-expect-it-to-stay-that-way/\">InvestorPlace</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":{"CLOV":"Clover Health Corp"},"source_url":"https://investorplace.com/2021/12/clov-stock-now-penny-stock-expect-it-to-stay-that-way/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147959487","content_text":"As it struggles to control costs, don't expect continued top-line growth to fuel a recovery for CLOV stock\nI may have called it one ahead of time. But now, after it’s slipped below $5 per share,Clover Health(NASDAQ:CLOV) is officially a penny stock. Sure, this label says little about the prospects for CLOV stock, or its underlying business. Yet there is one key takeaway. The hope and hype surrounding this online-based provider of Medicare Advantage plans is officially gone.\nAs you likely recall, there have been several waves of enthusiasm surrounding this stock over the past year. First, after this special purpose acquisition company (SPAC) deSPACed in late 2020, investors bid it up. Given the success of other blank-check companies backed by Chamath Palihapitiya, this made sense.\nThen, after falling sharply between February and May, due to a “short report” and the “SPAC wipeout,”the stock became hot once again.\nThis time, as a meme stock/short-squeeze play going parabolic and hitting new highs, Clover almost seemed set to join the ranks of AMC Entertainment(NYSE:AMC) and GameStop(NYSE:GME). But it didn’t. After June, it steadily became less of a squeeze play. Over the past six months, its short interest has gone from off-the-charts, to just 7.6% of outstanding float.\nToday, with conversation about it on Reddit’sr/WallStreetsBets subreddit well subdued fro what it once was, there’s only one path for shares out of their current penny stock status. Unfortunately, it’s a long one.\nWhy CLOV Stock Fell Below $5 Per Share\nYou can try to argue that Clover Health’s move to below $5 per share is due solely to market volatility. News of Covid-19’s Omicron variant, plus hawkish remarks from the Federal Reserve, have caused stocks across-the-board to move lower.\nBut even before the latest overall dip in the market, CLOV stock was already heading south. Blame that on its latest quarterly earnings report, and sell side’s pessimism about its profitability timeline. Plus, as my InvestorPlace colleague Joel Baglole discussed on Nov. 18, there’s its recent dilutive $300 million secondary offering.\nOn top of this, news of a shareholder lawsuit,due to Clover allegedly not disclosing the open Department of Justice (DOJ) investigation of it, which was one of the key bombshells from the above-mentioned short report. This grab bag of company-specific developments came on top of another key negative for the stock. That would be its waning appeal among the meme crowd. After several failed attempts to send it “to the moon” once more, Reddit traders have moved on.\nPut all these factors together, and it is clear why Clover now finds itself in the bargain basement.\nYet, there is a silver lining. If it can get its operating costs under control, it will then start moving again in the right direction. The problem? For now, there’s little to suggest that’s soon set to happen.\nOnly Cheap if You Assume Profitability Is Imminent\nYes, at the current CLOV stock price (around $4.47 per share), it’s obviously not as pricey as it was at $10, $15, $20 or even $28.85 per share. Trading for less than 1x projected sales for 2022, this “disruptor” now trades at a forward valuation more in-line with its old-school peers.\nFurthermore, as myInvestorPlacecolleague Dana Blankenhorn recently argued, if Clover managed to bring its margins up on par with UnitedHealth Group (NYSE:UNH) by next year, shares would be selling for just 15x forward earnings. Unfortunately, bringing up margins is easier said than done.\nTo achieve this, several things need to play out. First, Clover’s thesis that its very high medical cost ratio(MCR) is “transitory,” and a product of increased healthcare usage due to the pandemic recovery, needs to prove true. If a few quarters from now, when things have normalized post-Covid, the company is still paying out more in claims than it’s taking in as premiums? It’s going to be much harder for it to blame the virus for its problems.\nSecond, even if it brings its MCR down to 85% (the bare minimum it needs to spend each year), it will need to really ramp up sales to cover its fixed overhead costs. Based on its SG&A expenses last quarter ($119.1 million), its annual overhead is around $476.4 million. If it managed to achieve gross margins of 15%, it would need to generate at least $3.17 billion in revenue next year. Sell-side projections call for between $2.48 billion and $2.92 billion in revenue next year.\nBottom Line on Clover\nI concede that it’s not impossible for Clover to one day become profitable. Assuming it continues to grow its revenues by high double-digits. The issue is with the timeline. Between now and when it gets out of the red, it could stay stuck at present levels, as more dilutive secondary offerings (to cover cash burn/fund growth) impact its ability to bounce back.\nLikely to languish at or below $5 per share for a while, skip out for now with CLOV stock.","news_type":1,"symbols_score_info":{"CLOV":0.9}},"isVote":1,"tweetType":1,"viewCount":1445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865010843,"gmtCreate":1632923246605,"gmtModify":1632923246672,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554709228084997","authorIdStr":"3554709228084997"},"themes":[],"title":"","htmlText":"My one down 20% but thus is still fake news ","listText":"My one down 20% but thus is still fake news ","text":"My one down 20% but thus is still fake news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865010843","repostId":"1169529009","repostType":2,"repost":{"id":"1169529009","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632904196,"share":"https://www.laohu8.com/m/news/1169529009?lang=zh_CN&edition=full","pubTime":"2021-09-29 16:29","market":"us","language":"en","title":"86Research initiates coverage on TIGR with a BUY rating<blockquote>86Research首次对TIGR给予买入评级</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169529009","media":"Tiger Newspress","summary":"• 86Research initiates coverage on TIGR with a BUY rating. Growing demand for cross-border stock inv","content":"<p>• 86Research initiates coverage on TIGR with a BUY rating. Growing demand for cross-border stock investment in China and rising internet-based retail brokerage services globally together support strong industry fundamentals. TIGR, an early mover in the internet brokerage sector, significantly outperforms traditional brokers by providing better services for retail investors. Their price target of US$21 per ADS implies 83% upside potential from the latest market close price, despite possible sector-widevolatilityinChineseADRs.</p><p><blockquote>•86Research首次对TIGR给予买入评级。中国日益增长的跨境股票投资需求和全球范围内基于互联网的零售经纪服务的兴起共同支撑了强劲的行业基本面。TIGR是互联网券商领域的先行者,通过为散户投资者提供更好的服务,表现明显优于传统券商。尽管中国ADR可能出现全行业波动,但他们的目标价为每股ADR 21美元,这意味着较最新市场收盘价有83%的上涨潜力。</blockquote></p><p> • 86Research forecasts TIGR’s net revenues will reach US $668 mln in 2024, giving it a 4-yr CAGR of 51%. According to their projection, the number of customers with deposits on TIGR will reach 1.7 mln by the end of 2024. The total AUM and financing balance will exceed US$103 bln and US$5.5 bln, respectively. Trading volumes on TIGR are forecast to reach US$1,338 bln in 2024. 86Research expects the commission rate will remain largely flat. More derivatives trades will partially offset the negative impact from price competition. 86Research thinks the blended interest rate will decline due to the mix change of financing activities on the platform.</p><p><blockquote>•86 Research预测TIGR的净收入将在2024年达到6.68亿美元,4年复合年增长率为51%。根据他们的预测,到2024年底,TIGR存款客户数量将达到170万。总AUM和融资余额将分别超过1030亿美元和55亿美元。预计2024年TIGR的交易量将达到13,380亿美元。86研究预计佣金率将基本保持不变。更多的衍生品交易将部分抵消价格竞争的负面影响。86Research认为,由于平台融资活动的组合变化,混合利率将会下降。</blockquote></p><p> • 86Research derives their US$21 price target based on a 20x 2024E P/E multiple and 13% 2-yr discount rate. The PT implies 13.8x/11.7x/8.4x 2021E/2022E/2023E forward P/B multiples, reflecting a premium to global peers. HK license approval, progress in international expansion and US self-clearing are the key catalysts in the near term, while regulatory and macro uncertainties are the main investment risks. 86Research recommends investors buy the stock on recent pullbacks which have resulted from weak market sentiment. 86’s View on TIGR: BUY; PT$21/ADS; A Rising China-Based Internet Brokerage Platform; Global Expansion To Drive Long-term Growth; Recent pullbacks create a buying opportunity.</p><p><blockquote>•86 Research基于20 x 2024年市盈率和13%的2年贴现率得出21美元的目标价。PT意味着13.8 x/11.7 x/8.4 x 2021年/2022年/2023年E远期市净率倍数,反映出相对于全球同行的溢价。香港牌照批准、国际扩张进展和美国自我清算是近期的关键催化剂,而监管和宏观不确定性是主要的投资风险。86Research建议投资者在近期市场情绪疲软导致的回调中买入该股。86对TIGR的看法:买入;PT$21/ADS;一家正在崛起的中国互联网经纪平台;全球扩张以推动长期增长;最近的回调创造了买入机会。</blockquote></p><p> • 86Research is bullish on TIGR’s capability to continue to gain market share from traditional brokers. The strategic focus and operating efficiency of Internet companies give advantages to TIGR, such as lower pricing and better user experience in retail brokerage services. Moreover, TIGR provides more variety than most traditional brokers, enabling retail investors to trade securities in several markets in one app and one account.</p><p><blockquote>•86Research看好TIGR继续从传统经纪商那里获得市场份额的能力。互联网公司的战略重点和运营效率赋予了TIGR优势,例如在零售经纪服务方面更低的定价和更好的用户体验。此外,TIGR提供了比大多数传统经纪商更多的多样性,使散户投资者能够在一个应用程序和一个账户中交易多个市场的证券。</blockquote></p><p> • Non-commission revenues are ramping up quickly. Interest income will keep growing as more consolidated account (CA) account users will adopt self-funded financing services provided by TIGR. Their analysis suggests that the net interest spread of the financing services for CA account users was much higher than the rate of financing service for fully disclosed (FD) account users. In addition, the business development in investment banking and wealth management services are expected to contribute meaningful revenues.</p><p><blockquote>•非佣金收入快速增长。随着更多合并账户(CA)账户用户将采用TIGR提供的自筹资金融资服务,利息收入将持续增长。他们的分析表明,CA账户用户融资服务的净息差远高于完全披露(FD)账户用户融资服务的净息差。此外,投资银行及财富管理服务的业务发展预计将贡献可观的收入。</blockquote></p><p> • International expansion creates a new story. TIGR has ramped up its global expansion from 3Q20, mainly targeting Singapore and US markets. Singapore has more than 1 mln addressable individual investors, about half of the market size in HK. The US market has nearly 100 mln retail investors, with total assets of approximately $50 trillion. Although facing challenges in terms of culture, regulatory environment and competition, 86Research is positive that TIGR will capture more growth in its two promising markets.</p><p><blockquote>•国际扩张创造新故事。TIGR加大了从2020年第三季度的全球扩张力度,主要瞄准新加坡和美国市场。新加坡拥有超过100万潜在个人投资者,约为香港市场规模的一半。美国市场拥有近1亿散户投资者,总资产约50万亿美元。尽管面临文化、监管环境和竞争方面的挑战,86 Research乐观地认为TIGR将在其两个有前景的市场中获得更多增长。</blockquote></p><p> • TIGR’s stock price has been volatile. 86Research recommends investors buy on the dip. Recent stock market volatility will impact its financial performance but won‘t change the long-term growth story, in their view. The company continues to gain market share in retail brokerage services and develop non-commission businesses, such as margin financing, wealth management, order flows, etc.86Research is confident such growth can offset the cyclical impact from a long-term perspective.</p><p><blockquote>•TIGR的股价一直波动。86Research建议投资者逢低买入。他们认为,最近的股市波动将影响其财务业绩,但不会改变长期增长故事。该公司继续获得零售经纪服务的市场份额,并发展非佣金业务,如保证金融资、财富管理、订单流等。86 Research有信心从长期角度来看,这种增长可以抵消周期性影响。</blockquote></p><p> • HK license is a near-term catalyst. TIGR is expected to get a brokerage license in HK as soon as this year, which will enable it to run market campaigns and acquire users in the region. As a registered brokerage firm, TIGR can also build connections with banks to provide IPO subscriptions and financing services in Hong Kong and support the development of margin financing business.</p><p><blockquote>•香港牌照是近期的催化剂。TIGR预计最快将于今年在香港获得经纪牌照,这将使其能够在该地区开展市场活动并获取用户。作为注册券商,TIGR还可以与银行建立联系,在香港提供IPO认购和融资服务,并支持融资业务的发展。</blockquote></p><p></p>","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>86Research initiates coverage on TIGR with a BUY rating<blockquote>86Research首次对TIGR给予买入评级</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\">\n86Research initiates coverage on TIGR with a BUY rating<blockquote>86Research首次对TIGR给予买入评级</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-29 16:29</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>• 86Research initiates coverage on TIGR with a BUY rating. Growing demand for cross-border stock investment in China and rising internet-based retail brokerage services globally together support strong industry fundamentals. TIGR, an early mover in the internet brokerage sector, significantly outperforms traditional brokers by providing better services for retail investors. Their price target of US$21 per ADS implies 83% upside potential from the latest market close price, despite possible sector-widevolatilityinChineseADRs.</p><p><blockquote>•86Research首次对TIGR给予买入评级。中国日益增长的跨境股票投资需求和全球范围内基于互联网的零售经纪服务的兴起共同支撑了强劲的行业基本面。TIGR是互联网券商领域的先行者,通过为散户投资者提供更好的服务,表现明显优于传统券商。尽管中国ADR可能出现全行业波动,但他们的目标价为每股ADR 21美元,这意味着较最新市场收盘价有83%的上涨潜力。</blockquote></p><p> • 86Research forecasts TIGR’s net revenues will reach US $668 mln in 2024, giving it a 4-yr CAGR of 51%. According to their projection, the number of customers with deposits on TIGR will reach 1.7 mln by the end of 2024. The total AUM and financing balance will exceed US$103 bln and US$5.5 bln, respectively. Trading volumes on TIGR are forecast to reach US$1,338 bln in 2024. 86Research expects the commission rate will remain largely flat. More derivatives trades will partially offset the negative impact from price competition. 86Research thinks the blended interest rate will decline due to the mix change of financing activities on the platform.</p><p><blockquote>•86 Research预测TIGR的净收入将在2024年达到6.68亿美元,4年复合年增长率为51%。根据他们的预测,到2024年底,TIGR存款客户数量将达到170万。总AUM和融资余额将分别超过1030亿美元和55亿美元。预计2024年TIGR的交易量将达到13,380亿美元。86研究预计佣金率将基本保持不变。更多的衍生品交易将部分抵消价格竞争的负面影响。86Research认为,由于平台融资活动的组合变化,混合利率将会下降。</blockquote></p><p> • 86Research derives their US$21 price target based on a 20x 2024E P/E multiple and 13% 2-yr discount rate. The PT implies 13.8x/11.7x/8.4x 2021E/2022E/2023E forward P/B multiples, reflecting a premium to global peers. HK license approval, progress in international expansion and US self-clearing are the key catalysts in the near term, while regulatory and macro uncertainties are the main investment risks. 86Research recommends investors buy the stock on recent pullbacks which have resulted from weak market sentiment. 86’s View on TIGR: BUY; PT$21/ADS; A Rising China-Based Internet Brokerage Platform; Global Expansion To Drive Long-term Growth; Recent pullbacks create a buying opportunity.</p><p><blockquote>•86 Research基于20 x 2024年市盈率和13%的2年贴现率得出21美元的目标价。PT意味着13.8 x/11.7 x/8.4 x 2021年/2022年/2023年E远期市净率倍数,反映出相对于全球同行的溢价。香港牌照批准、国际扩张进展和美国自我清算是近期的关键催化剂,而监管和宏观不确定性是主要的投资风险。86Research建议投资者在近期市场情绪疲软导致的回调中买入该股。86对TIGR的看法:买入;PT$21/ADS;一家正在崛起的中国互联网经纪平台;全球扩张以推动长期增长;最近的回调创造了买入机会。</blockquote></p><p> • 86Research is bullish on TIGR’s capability to continue to gain market share from traditional brokers. The strategic focus and operating efficiency of Internet companies give advantages to TIGR, such as lower pricing and better user experience in retail brokerage services. Moreover, TIGR provides more variety than most traditional brokers, enabling retail investors to trade securities in several markets in one app and one account.</p><p><blockquote>•86Research看好TIGR继续从传统经纪商那里获得市场份额的能力。互联网公司的战略重点和运营效率赋予了TIGR优势,例如在零售经纪服务方面更低的定价和更好的用户体验。此外,TIGR提供了比大多数传统经纪商更多的多样性,使散户投资者能够在一个应用程序和一个账户中交易多个市场的证券。</blockquote></p><p> • Non-commission revenues are ramping up quickly. Interest income will keep growing as more consolidated account (CA) account users will adopt self-funded financing services provided by TIGR. Their analysis suggests that the net interest spread of the financing services for CA account users was much higher than the rate of financing service for fully disclosed (FD) account users. In addition, the business development in investment banking and wealth management services are expected to contribute meaningful revenues.</p><p><blockquote>•非佣金收入快速增长。随着更多合并账户(CA)账户用户将采用TIGR提供的自筹资金融资服务,利息收入将持续增长。他们的分析表明,CA账户用户融资服务的净息差远高于完全披露(FD)账户用户融资服务的净息差。此外,投资银行及财富管理服务的业务发展预计将贡献可观的收入。</blockquote></p><p> • International expansion creates a new story. TIGR has ramped up its global expansion from 3Q20, mainly targeting Singapore and US markets. Singapore has more than 1 mln addressable individual investors, about half of the market size in HK. The US market has nearly 100 mln retail investors, with total assets of approximately $50 trillion. Although facing challenges in terms of culture, regulatory environment and competition, 86Research is positive that TIGR will capture more growth in its two promising markets.</p><p><blockquote>•国际扩张创造新故事。TIGR加大了从2020年第三季度的全球扩张力度,主要瞄准新加坡和美国市场。新加坡拥有超过100万潜在个人投资者,约为香港市场规模的一半。美国市场拥有近1亿散户投资者,总资产约50万亿美元。尽管面临文化、监管环境和竞争方面的挑战,86 Research乐观地认为TIGR将在其两个有前景的市场中获得更多增长。</blockquote></p><p> • TIGR’s stock price has been volatile. 86Research recommends investors buy on the dip. Recent stock market volatility will impact its financial performance but won‘t change the long-term growth story, in their view. The company continues to gain market share in retail brokerage services and develop non-commission businesses, such as margin financing, wealth management, order flows, etc.86Research is confident such growth can offset the cyclical impact from a long-term perspective.</p><p><blockquote>•TIGR的股价一直波动。86Research建议投资者逢低买入。他们认为,最近的股市波动将影响其财务业绩,但不会改变长期增长故事。该公司继续获得零售经纪服务的市场份额,并发展非佣金业务,如保证金融资、财富管理、订单流等。86 Research有信心从长期角度来看,这种增长可以抵消周期性影响。</blockquote></p><p> • HK license is a near-term catalyst. TIGR is expected to get a brokerage license in HK as soon as this year, which will enable it to run market campaigns and acquire users in the region. As a registered brokerage firm, TIGR can also build connections with banks to provide IPO subscriptions and financing services in Hong Kong and support the development of margin financing business.</p><p><blockquote>•香港牌照是近期的催化剂。TIGR预计最快将于今年在香港获得经纪牌照,这将使其能够在该地区开展市场活动并获取用户。作为注册券商,TIGR还可以与银行建立联系,在香港提供IPO认购和融资服务,并支持融资业务的发展。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169529009","content_text":"• 86Research initiates coverage on TIGR with a BUY rating. Growing demand for cross-border stock investment in China and rising internet-based retail brokerage services globally together support strong industry fundamentals. TIGR, an early mover in the internet brokerage sector, significantly outperforms traditional brokers by providing better services for retail investors. Their price target of US$21 per ADS implies 83% upside potential from the latest market close price, despite possible sector-widevolatilityinChineseADRs.\n• 86Research forecasts TIGR’s net revenues will reach US $668 mln in 2024, giving it a 4-yr CAGR of 51%. According to their projection, the number of customers with deposits on TIGR will reach 1.7 mln by the end of 2024. The total AUM and financing balance will exceed US$103 bln and US$5.5 bln, respectively. Trading volumes on TIGR are forecast to reach US$1,338 bln in 2024. 86Research expects the commission rate will remain largely flat. More derivatives trades will partially offset the negative impact from price competition. 86Research thinks the blended interest rate will decline due to the mix change of financing activities on the platform.\n• 86Research derives their US$21 price target based on a 20x 2024E P/E multiple and 13% 2-yr discount rate. The PT implies 13.8x/11.7x/8.4x 2021E/2022E/2023E forward P/B multiples, reflecting a premium to global peers. HK license approval, progress in international expansion and US self-clearing are the key catalysts in the near term, while regulatory and macro uncertainties are the main investment risks. 86Research recommends investors buy the stock on recent pullbacks which have resulted from weak market sentiment. 86’s View on TIGR: BUY; PT$21/ADS; A Rising China-Based Internet Brokerage Platform; Global Expansion To Drive Long-term Growth; Recent pullbacks create a buying opportunity.\n• 86Research is bullish on TIGR’s capability to continue to gain market share from traditional brokers. The strategic focus and operating efficiency of Internet companies give advantages to TIGR, such as lower pricing and better user experience in retail brokerage services. Moreover, TIGR provides more variety than most traditional brokers, enabling retail investors to trade securities in several markets in one app and one account.\n• Non-commission revenues are ramping up quickly. Interest income will keep growing as more consolidated account (CA) account users will adopt self-funded financing services provided by TIGR. Their analysis suggests that the net interest spread of the financing services for CA account users was much higher than the rate of financing service for fully disclosed (FD) account users. In addition, the business development in investment banking and wealth management services are expected to contribute meaningful revenues.\n• International expansion creates a new story. TIGR has ramped up its global expansion from 3Q20, mainly targeting Singapore and US markets. Singapore has more than 1 mln addressable individual investors, about half of the market size in HK. The US market has nearly 100 mln retail investors, with total assets of approximately $50 trillion. Although facing challenges in terms of culture, regulatory environment and competition, 86Research is positive that TIGR will capture more growth in its two promising markets.\n• TIGR’s stock price has been volatile. 86Research recommends investors buy on the dip. Recent stock market volatility will impact its financial performance but won‘t change the long-term growth story, in their view. The company continues to gain market share in retail brokerage services and develop non-commission businesses, such as margin financing, wealth management, order flows, etc.86Research is confident such growth can offset the cyclical impact from a long-term perspective.\n• HK license is a near-term catalyst. TIGR is expected to get a brokerage license in HK as soon as this year, which will enable it to run market campaigns and acquire users in the region. As a registered brokerage firm, TIGR can also build connections with banks to provide IPO subscriptions and financing services in Hong Kong and support the development of margin financing business.","news_type":1,"symbols_score_info":{"TIGR":0.9}},"isVote":1,"tweetType":1,"viewCount":1141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":893687774,"gmtCreate":1628259909198,"gmtModify":1631887509241,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554709228084997","authorIdStr":"3554709228084997"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/HOFV\">$Hall of Fame Resort & Entertainment(HOFV)$</a>games are started so should price go up ","listText":"<a href=\"https://laohu8.com/S/HOFV\">$Hall of Fame Resort & Entertainment(HOFV)$</a>games are started so should price go up ","text":"$Hall of Fame Resort & Entertainment(HOFV)$games are started so should price go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893687774","isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":606003908,"gmtCreate":1638797893312,"gmtModify":1638799926250,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554709228084997","authorIdStr":"3554709228084997"},"themes":[],"title":"","htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a> we all F***** up As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this year","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a> we all F***** up As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this year","text":"$Clover Health Corp(CLOV)$ we all F***** up As Clover Health Investments, Corp.'s market cap (NASDAQ:CLOV) drops to US$2.0b, insiders might be questioning their decision to buy earlier this 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