FortuneMeow personal page - To The Moon

FortuneMeow

FortuneMeow

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02-12

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$

2024-11-19

$Grab Holdings(GRAB)$

2025-07-22

$PropNex(OYY.SI)$ PropNex fair value $2.66!! 🤑🤑🤑🤑🤑🤑🤑🤑

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01-20

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$

2025-02-22

$SOXL CUSTOM 250417 CALL 31.0/PUT 31.0$

2021-06-30

$Tiger Brokers(TIGR)$will it cross $32 today?

2022-02-09

$MAPLETREE NORTH ASIA COMM TR(RW0U.SI)$Wow...Blackrock and Temasek bought so much!!

2021-06-26

$Tiger Brokers(TIGR)$Keep the faith, Tigerians!! Look forward to another trip to the moon in August when earnings results are released.

2021-06-21

$Tiger Brokers(TIGR)$ u sell more, price drop more...there are people waiting to buy back at low and see it rise again....cycle repeats...

2021-06-09

Wow

Why This Millennial Is Rage-Buying AMC and Crypto

Go to Tiger App to see more news

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</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/SOXL\">$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ </a>&nbsp;","text":"$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$","images":[{"img":"https://community-static.tradeup.com/news/7823d4c75fa01179cc12325c3c163bc9","width":"876","height":"1720"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/504039105651488","isVote":1,"tweetType":1,"viewCount":707,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":503592115523704,"gmtCreate":1763970602470,"gmtModify":1763970616927,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3564023605658961","authorIdStr":"3564023605658961"},"themes":[],"title":"","htmlText":"Thank you, Tiger 🐅 Broker!","listText":"Thank you, Tiger 🐅 Broker!","text":"Thank you, Tiger 🐅 Broker!","images":[{"img":"https://community-static.tradeup.com/news/8de6f2dcba3ea7a28d6f05509cf16678","width":"1080","height":"1766"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/503592115523704","isVote":1,"tweetType":1,"viewCount":757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":502915713155448,"gmtCreate":1763790662914,"gmtModify":1763790666192,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3564023605658961","authorIdStr":"3564023605658961"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/SOXL\">$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/SOXL\">$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ </a>&nbsp;","text":"$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$","images":[{"img":"https://community-static.tradeup.com/news/abe3c4382a03d51650dfe152a7fcbb34","width":"876","height":"1720"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/502915713155448","isVote":1,"tweetType":1,"viewCount":877,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":495132359397624,"gmtCreate":1761890734167,"gmtModify":1761890737784,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3564023605658961","authorIdStr":"3564023605658961"},"themes":[],"title":"","htmlText":"$3.3 fair 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COVERED 251121 CALL 21.0$</a>&nbsp;","text":"$SOXL COVERED 251121 CALL 21.0$","images":[{"img":"https://community-static.tradeup.com/news/552420a8f0acc623a604b1e2f4790daa","width":"876","height":"1720"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/492405971767376","isVote":1,"tweetType":1,"viewCount":849,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":492405233865168,"gmtCreate":1761238768756,"gmtModify":1761238772316,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3564023605658961","authorIdStr":"3564023605658961"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/SOXL 20251121 21.0 CALL SELL 1 | SOXL BUY 100\">$SOXL COVERED 251121 CALL 21.0$</a>&nbsp;","listText":"<a href=\"https://ttm.financial/OPT/SOXL 20251121 21.0 CALL SELL 1 | SOXL BUY 100\">$SOXL COVERED 251121 CALL 21.0$</a>&nbsp;","text":"$SOXL COVERED 251121 CALL 21.0$","images":[{"img":"https://community-static.tradeup.com/news/c9da4831ce3e85dd3d04d588793093c1","width":"876","height":"1720"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/492405233865168","isVote":1,"tweetType":1,"viewCount":997,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":491460983001488,"gmtCreate":1761008153542,"gmtModify":1761008156915,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3564023605658961","authorIdStr":"3564023605658961"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SOXL\">$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/SOXL\">$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ </a>&nbsp;","text":"$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$","images":[{"img":"https://community-static.tradeup.com/news/719dc94e7a20b1d55ce0bc9a38e2b635","width":"876","height":"1720"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/491460983001488","isVote":1,"tweetType":1,"viewCount":582,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":469860938027416,"gmtCreate":1755749410971,"gmtModify":1755749413722,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3564023605658961","authorIdStr":"3564023605658961"},"themes":[],"htmlText":"//<a href=\"https://ttm.financial/U/3564023605658961\">@FortuneMeow</a>: <a href=\"https://ttm.financial/S/OYY.SI\">$PropNex(OYY.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;PropNex fair value $2.66!! 🤑🤑🤑🤑🤑🤑🤑🤑","listText":"//<a href=\"https://ttm.financial/U/3564023605658961\">@FortuneMeow</a>: <a href=\"https://ttm.financial/S/OYY.SI\">$PropNex(OYY.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;PropNex fair value $2.66!! 🤑🤑🤑🤑🤑🤑🤑🤑","text":"//@FortuneMeow: $PropNex(OYY.SI)$ PropNex fair value $2.66!! 🤑🤑🤑🤑🤑🤑🤑🤑","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/469860938027416","repostId":"2553865478","repostType":2,"isVote":1,"tweetType":1,"viewCount":1244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":459519797895736,"gmtCreate":1753156847510,"gmtModify":1753164701885,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3564023605658961","authorIdStr":"3564023605658961"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/OYY.SI\">$PropNex(OYY.SI)$&nbsp;</a> $1.1 billion allocated to three fund managers to boost Singapore stock market: MAS https://www.straitstimes.com/business/companies-markets/1-1-billion-allocated-to-three-fund-managers-to-boost-singapore-stock-market “Aligned with the spirit of the programme, our strategy is invested in SGX-listed companies with a strong focus on the small and mid-cap segment.” Avanda added that it sees “many overlooked, undervalued companies”. Would PropNex be one of the undervalued companies?","listText":"<a href=\"https://ttm.financial/S/OYY.SI\">$PropNex(OYY.SI)$&nbsp;</a> $1.1 billion allocated to three fund managers to boost Singapore stock market: MAS https://www.straitstimes.com/business/companies-markets/1-1-billion-allocated-to-three-fund-managers-to-boost-singapore-stock-market “Aligned with the spirit of the programme, our strategy is invested in SGX-listed companies with a strong focus on the small and mid-cap segment.” Avanda added that it sees “many overlooked, undervalued companies”. Would PropNex be one of the undervalued companies?","text":"$PropNex(OYY.SI)$ $1.1 billion allocated to three fund managers to boost Singapore stock market: MAS https://www.straitstimes.com/business/companies-markets/1-1-billion-allocated-to-three-fund-managers-to-boost-singapore-stock-market “Aligned with the spirit of the programme, our strategy is invested in SGX-listed companies with a strong focus on the small and mid-cap segment.” Avanda added that it sees “many overlooked, undervalued companies”. Would PropNex be one of the undervalued companies?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/459519797895736","isVote":1,"tweetType":1,"viewCount":1293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":459290853958144,"gmtCreate":1753146604220,"gmtModify":1753146607101,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3564023605658961","authorIdStr":"3564023605658961"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/OYY.SI\">$PropNex(OYY.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;PropNex fair value $2.66!! 🤑🤑🤑🤑🤑🤑🤑🤑","listText":"<a href=\"https://ttm.financial/S/OYY.SI\">$PropNex(OYY.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;PropNex fair value $2.66!! 🤑🤑🤑🤑🤑🤑🤑🤑","text":"$PropNex(OYY.SI)$ PropNex fair value $2.66!! 🤑🤑🤑🤑🤑🤑🤑🤑","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/459290853958144","repostId":"2553865478","repostType":2,"isVote":1,"tweetType":1,"viewCount":1083,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":445159268921696,"gmtCreate":1749705591005,"gmtModify":1749706976306,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3564023605658961","authorIdStr":"3564023605658961"},"themes":[],"htmlText":"Does this also include mortgage and car loan instalment? Or assume all retirees have fully paid up properties and either don't own a car and take public transport. Both are expensive ticket items in SG, not mentioning health care and insurance expenses.","listText":"Does this also include mortgage and car loan instalment? Or assume all retirees have fully paid up properties and either don't own a car and take public transport. Both are expensive ticket items in SG, not mentioning health care and insurance expenses.","text":"Does this also include mortgage and car loan instalment? Or assume all retirees have fully paid up properties and either don't own a car and take public transport. Both are expensive ticket items in SG, not mentioning health care and insurance expenses.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/445159268921696","isVote":1,"tweetType":1,"viewCount":1576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":422914221195504,"gmtCreate":1744265188585,"gmtModify":1744265193120,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3564023605658961","authorIdStr":"3564023605658961"},"themes":[],"htmlText":"this dividend was already paid in Dec 2024...how could it be the driver of today's price movement?","listText":"this dividend was already paid in Dec 2024...how could it be the driver of today's price movement?","text":"this dividend was already paid in Dec 2024...how could it be the driver of today's price movement?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/422914221195504","repostId":"1199642839","repostType":2,"repost":{"id":"1199642839","kind":"news","weMediaInfo":{"introduction":"Track stock‘s movements and relevant news","home_visible":1,"media_name":"Stock Track","id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"pubTimestamp":1744163573,"share":"https://ttm.financial/m/news/1199642839?lang=en_US&edition=fundamental","pubTime":"2025-04-09 09:52","market":"nz","language":"en","title":"Singtel Jumps 2.38% Following 34.6% Dividend Hike and Strong Financial Performance","url":"https://stock-news.laohu8.com/highlight/detail?id=1199642839","media":"Stock Track","summary":"Shares of Singtel , Singapore's largest telecommunication company, jumped 3.27% in pre-market trading on Wednesday, following the announcement of a substantial dividend increase and robust financial results for the first half of fiscal year 2025.The telco declared a total dividend of S$0.07 for 1H FY2025, representing a significant 34.6% increase from the S$0.052 paid out in the same period last year. This dividend comprises a core interim dividend of S$0.056 and a value realisation dividend  of","content":"<p>Shares of Singtel (Z74.SI), Singapore's largest telecommunication company, jumped 3.27% in pre-market trading on Wednesday, following the announcement of a substantial dividend increase and robust financial results for the first half of fiscal year 2025.</p><p>The telco declared a total dividend of S$0.07 for 1H FY2025, representing a significant 34.6% increase from the S$0.052 paid out in the same period last year. This dividend comprises a core interim dividend of S$0.056 and a value realisation dividend (VRD) of S$0.014, the latter stemming from Singtel's efforts to recycle capital by divesting non-core assets.</p><p>Singtel's financial performance for 1H FY2025 ending 30 September 2024 showed resilience and growth. While operating revenue remained stable year-on-year at S$7 billion, the company reported a substantial 27% surge in operating profit to S$738 million, driven by strong performances from its Optus and NCS divisions. Furthermore, underlying net profit increased by 6% year-on-year to S$1.2 billion, underscoring the company's solid operational execution.</p><p>The telecom giant's positive momentum is further supported by its strategic initiatives. In line with its ST28 strategic vision, Singtel has outlined plans to scale its growth engines and maintain a focus on active capital management. This forward-looking approach, combined with the company's strong financial results and generous dividend policy, appears to have bolstered investor confidence, contributing to the pre-market stock surge.</p><p>Singtel jumps 2.38% at 2:14 pm, Apr 9th.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f8158937cc45c81676c263c44c39068f\" tg-width=\"894\" tg-height=\"643\"></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>Singtel Jumps 2.38% Following 34.6% Dividend Hike and Strong Financial Performance</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nSingtel Jumps 2.38% Following 34.6% Dividend Hike and Strong Financial Performance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-04-09 09:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Singtel (Z74.SI), Singapore's largest telecommunication company, jumped 3.27% in pre-market trading on Wednesday, following the announcement of a substantial dividend increase and robust financial results for the first half of fiscal year 2025.</p><p>The telco declared a total dividend of S$0.07 for 1H FY2025, representing a significant 34.6% increase from the S$0.052 paid out in the same period last year. This dividend comprises a core interim dividend of S$0.056 and a value realisation dividend (VRD) of S$0.014, the latter stemming from Singtel's efforts to recycle capital by divesting non-core assets.</p><p>Singtel's financial performance for 1H FY2025 ending 30 September 2024 showed resilience and growth. While operating revenue remained stable year-on-year at S$7 billion, the company reported a substantial 27% surge in operating profit to S$738 million, driven by strong performances from its Optus and NCS divisions. Furthermore, underlying net profit increased by 6% year-on-year to S$1.2 billion, underscoring the company's solid operational execution.</p><p>The telecom giant's positive momentum is further supported by its strategic initiatives. In line with its ST28 strategic vision, Singtel has outlined plans to scale its growth engines and maintain a focus on active capital management. This forward-looking approach, combined with the company's strong financial results and generous dividend policy, appears to have bolstered investor confidence, contributing to the pre-market stock surge.</p><p>Singtel jumps 2.38% at 2:14 pm, Apr 9th.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f8158937cc45c81676c263c44c39068f\" tg-width=\"894\" tg-height=\"643\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"Z74.SI":"新电信"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199642839","content_text":"Shares of Singtel (Z74.SI), Singapore's largest telecommunication company, jumped 3.27% in pre-market trading on Wednesday, following the announcement of a substantial dividend increase and robust financial results for the first half of fiscal year 2025.The telco declared a total dividend of S$0.07 for 1H FY2025, representing a significant 34.6% increase from the S$0.052 paid out in the same period last year. This dividend comprises a core interim dividend of S$0.056 and a value realisation dividend (VRD) of S$0.014, the latter stemming from Singtel's efforts to recycle capital by divesting non-core assets.Singtel's financial performance for 1H FY2025 ending 30 September 2024 showed resilience and growth. While operating revenue remained stable year-on-year at S$7 billion, the company reported a substantial 27% surge in operating profit to S$738 million, driven by strong performances from its Optus and NCS divisions. Furthermore, underlying net profit increased by 6% year-on-year to S$1.2 billion, underscoring the company's solid operational execution.The telecom giant's positive momentum is further supported by its strategic initiatives. In line with its ST28 strategic vision, Singtel has outlined plans to scale its growth engines and maintain a focus on active capital management. This forward-looking approach, combined with the company's strong financial results and generous dividend policy, appears to have bolstered investor confidence, contributing to the pre-market stock surge.Singtel jumps 2.38% at 2:14 pm, Apr 9th.","news_type":1,"symbols_score_info":{"Z74.SI":1}},"isVote":1,"tweetType":1,"viewCount":1505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":412423836074480,"gmtCreate":1741709705518,"gmtModify":1741709711235,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3564023605658961","authorIdStr":"3564023605658961"},"themes":[],"htmlText":"$COIN 20250417 200.0 PUT$ Sold put just before BTC nosedive, when COIN was at MA200 of $238. Yesterday, COIN was at its recent low of $172. Almost wanted to close position. Today recovered a bit. Going to hold and 🙏 hard. 😅😆","listText":"$COIN 20250417 200.0 PUT$ Sold put just before BTC nosedive, when COIN was at MA200 of $238. Yesterday, COIN was at its recent low of $172. Almost wanted to close position. Today recovered a bit. Going to hold and 🙏 hard. 😅😆","text":"$COIN 20250417 200.0 PUT$ Sold put just before BTC nosedive, when COIN was at MA200 of $238. Yesterday, COIN was at its recent low of $172. Almost wanted to close position. Today recovered a bit. Going to hold and 🙏 hard. 😅😆","images":[{"img":"https://community-static.tradeup.com/news/f09bbd18c113fbb492840d29399387ea"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/412423836074480","isVote":1,"tweetType":1,"viewCount":1883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":406082806489520,"gmtCreate":1740169116299,"gmtModify":1740173849672,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3564023605658961","authorIdStr":"3564023605658961"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/SOXL 20250417 31.0 CALL SELL 1 | SOXL 20250417 31.0 PUT BUY 1\">$SOXL CUSTOM 250417 CALL 31.0/PUT 31.0$</a>&nbsp;","listText":"<a href=\"https://ttm.financial/OPT/SOXL 20250417 31.0 CALL SELL 1 | SOXL 20250417 31.0 PUT BUY 1\">$SOXL CUSTOM 250417 CALL 31.0/PUT 31.0$</a>&nbsp;","text":"$SOXL CUSTOM 250417 CALL 31.0/PUT 31.0$","images":[{"img":"https://community-static.tradeup.com/news/515c5775c52aac7c06c8bb30375dce94","width":"876","height":"1720"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406082806489520","isVote":1,"tweetType":1,"viewCount":1625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":402009233055840,"gmtCreate":1739174298425,"gmtModify":1739174302268,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3564023605658961","authorIdStr":"3564023605658961"},"themes":[],"htmlText":"Rising star...special dividend to celebrate 25th anniversary!","listText":"Rising star...special dividend to celebrate 25th anniversary!","text":"Rising star...special dividend to celebrate 25th anniversary!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/402009233055840","repostId":"1164798518","repostType":2,"repost":{"id":"1164798518","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1739153013,"share":"https://ttm.financial/m/news/1164798518?lang=en_US&edition=fundamental","pubTime":"2025-02-10 10:03","market":"sg","language":"en","title":"PropNex Harnesses Technology to Construct a Business Moat, Striving to Maintain a Leading Position","url":"https://stock-news.laohu8.com/highlight/detail?id=1164798518","media":"TigerNews SG","summary":"Given the bright prospects of Singapore's real estate market,  $PropNex(OYY.SI)$  is optimistic about its outlook for this year.This year marks the 25th anniversary of PropNex's establishment, and Gaf","content":"<p>Given the bright prospects of Singapore's real estate market,  <a href=\"https://laohu8.com/S/OYY.SI\">PropNex</a>  is optimistic about its outlook for this year.</p><p>This year marks the 25th anniversary of PropNex's establishment, and Gafoor has expressed an optimistic view in light of this milestone. The mainboard-listed company is willing to distribute a special dividend to commemorate this occasion.</p><p>The official pointed out that the number of apartments for sale this year, including units that remained unsold in the past few years, will reach approximately 20,000. It is anticipated that around 12,850 new units will be launched this year, compared to only 7,300 new units in 2024.</p><p>The increase in the number of apartments for sale is a favorable sign for this market leader, which boasts the largest army of agents in Singapore—nearly 13,000 agents as of January 24.</p><p>In the first half of 2024, PropNex's agents sold more than half (55.5%) of the new housing stock, including executive condominiums, non-landed properties, and landed properties.</p><p>During the same period, the agency also captured the largest share in the resale markets for public apartments and private real estate, at 66.5% and 60.1% respectively.</p><p>In the six-month period, it accounted for 48.4% of transactions in the landed property resale market and 37% of transactions in the private rental market.</p><p>PropNex's financial year 2024 results are set to be announced at the end of February.</p><p>Although the recently launched new condominiums have been well-received, Gafoor noted that it takes the agency three to four months to realize revenue from these projects.</p><p>As such, the launch of these new developments will only contribute to the company's financial performance in the fiscal year 2025, he said.</p><p>Nevertheless, favorable market conditions such as the reduction in borrowing costs following the Federal Reserve's interest rate cut last September and stable employment levels have bolstered real estate demand.</p><p>\"People can secure fixed rates of 2.5% to 2.6% for two years. Consequently, market confidence has indeed shifted in the last quarter, and this momentum has continued in the recent launches,\" Gafoor added.</p><p><strong>Technology-Driven Foundation</strong></p><p>Despite commanding a dominant 63.3% share of the local private residential and public housing resale markets, PropNex is striving to elevate this figure to at least 66%. </p><p>The company's CEO explained that this expansion would yield more data, which would be provided to its agents, their clients, and developers to facilitate informed decision-making. This strategy aims to help the company fend off challenges from proptech platforms while elevating its role beyond that of a mere intermediary.</p><p>For instance, developers can access sales data on design concepts, unit mixes, and price points, as PropNex possesses comprehensive market statistics.</p><p>\"Our data is continuously provided by our agents 24/7,\" said Gafoor, adding that even Singapore's Department of Statistics (Singstat) may not have the latest information due to the time required for property registration.</p><p>Leveraging technology, the company launched an exclusive service in January, likened by the CEO to a private banking service. This allows its agents to send personalized property reports to selected past clients quarterly, updating them on the latest transaction prices, valuations, and insights related to their properties.</p><p>PropNex has invested heavily in technology, though it declined to disclose annual expenditures. Over 25% of its 200 employees work in IT, and last August, the company reallocated 5% of its IPO proceeds, amounting to S$2 million, to enhance its technological capabilities.**</p><p><strong>Investor Confidence and Shareholder Returns</strong></p><p>In recent months, investors have flocked to PropNex's stock, anticipating the company's ride on the real estate boom and the distribution of a special 25th-anniversary dividend. As of February 6, the stock had risen by 16.4% over the past year.</p><p>Gafoor openly acknowledged that shareholder returns would be more substantial with the special dividend. \"If you look at our cash position, I think we are well-positioned to consider such returns.\"</p><p>As of June 30, 2024, PropNex had no borrowings and a cash reserve of S$134.4 million.</p><p>Even without the special dividend, the company has been exceptionally generous to shareholders—distributing dividends exceeding the 75% to 80% stipulated in its dividend policy. For example, it paid out 87.6% of its earnings in the first half of fiscal 2024 and 92.9% of its net profit in fiscal 2023.</p><p>Gafoor noted that PropNex, with its asset-light and cash-generating business model, positions itself as a dividend investor.</p><p>He added that the company is not in urgent need of funds, enabling it to allocate resources to shareholders.</p><p><strong>Calm Amid Constraints</strong></p><p>When asked about potential acquisitions that might necessitate tapping into its cash reserves, the 61-year-old helmsman stated that such corporate actions would be challenging for PropNex in Singapore, given its market-leading position and potential regulatory scrutiny.</p><p>For overseas ventures, cash outlays are unnecessary, as PropNex advances through a franchising model, generating franchise fees and a share of commissions from day one.</p><p>PropNex operates in Malaysia, Indonesia, Cambodia, Vietnam, and Australia. Its Malaysian franchisee has performed exceptionally well, prompting the Singaporean entity to acquire a 20% stake.</p><p>Gafoor attributes PropNex's competitiveness and appeal to its training programs, dual career path structure allowing agents to eventually take on managerial roles, and support systems.</p><p>Thanks to the influx of new and experienced staff, the agency is on track to achieve its goal of having 15,000 sales personnel in Singapore by 2026.</p><p>\"We tend to recruit most of the new agents,\" he noted.</p><p>Although, unlike some peers, the agency does not cover its agents' annual licensing fees and professional liability insurance premiums, Gafoor explained that this is because PropNex does not want to \"retain unproductive agents.\"</p><p><strong>Diversified Revenue Streams and Resilience</strong></p><p>Regarding the potential impact of any cooling measures on its business, Gafoor pointed out that the agency has diversified its revenue streams.</p><p>In the first half of fiscal 2024, about 50% of its revenue—comprising 20% from HDB resales, 23% from leasing (typically recurring income), 3% from commercial and industrial properties, and 5% from landed property resales—was resilient or unaffected by such measures.</p><p>The remainder, including private resales and project marketing, is more susceptible to government actions aimed at curbing rising property prices and market exuberance.</p><p>\"Our business is diversified,\" Gafoor said. \"No single cooling measure would slash our revenue by 40% to 50%—it won't. It just takes people a month or two to understand and recalibrate their strategies to overcome these challenges.\"</p><p>The share price of PropNex rose by <strong>3.7%</strong> today.<br></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>PropNex Harnesses Technology to Construct a Business Moat, Striving to Maintain a Leading Position</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nPropNex Harnesses Technology to Construct a Business Moat, Striving to Maintain a Leading Position\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2025-02-10 10:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Given the bright prospects of Singapore's real estate market,  <a href=\"https://laohu8.com/S/OYY.SI\">PropNex</a>  is optimistic about its outlook for this year.</p><p>This year marks the 25th anniversary of PropNex's establishment, and Gafoor has expressed an optimistic view in light of this milestone. The mainboard-listed company is willing to distribute a special dividend to commemorate this occasion.</p><p>The official pointed out that the number of apartments for sale this year, including units that remained unsold in the past few years, will reach approximately 20,000. It is anticipated that around 12,850 new units will be launched this year, compared to only 7,300 new units in 2024.</p><p>The increase in the number of apartments for sale is a favorable sign for this market leader, which boasts the largest army of agents in Singapore—nearly 13,000 agents as of January 24.</p><p>In the first half of 2024, PropNex's agents sold more than half (55.5%) of the new housing stock, including executive condominiums, non-landed properties, and landed properties.</p><p>During the same period, the agency also captured the largest share in the resale markets for public apartments and private real estate, at 66.5% and 60.1% respectively.</p><p>In the six-month period, it accounted for 48.4% of transactions in the landed property resale market and 37% of transactions in the private rental market.</p><p>PropNex's financial year 2024 results are set to be announced at the end of February.</p><p>Although the recently launched new condominiums have been well-received, Gafoor noted that it takes the agency three to four months to realize revenue from these projects.</p><p>As such, the launch of these new developments will only contribute to the company's financial performance in the fiscal year 2025, he said.</p><p>Nevertheless, favorable market conditions such as the reduction in borrowing costs following the Federal Reserve's interest rate cut last September and stable employment levels have bolstered real estate demand.</p><p>\"People can secure fixed rates of 2.5% to 2.6% for two years. Consequently, market confidence has indeed shifted in the last quarter, and this momentum has continued in the recent launches,\" Gafoor added.</p><p><strong>Technology-Driven Foundation</strong></p><p>Despite commanding a dominant 63.3% share of the local private residential and public housing resale markets, PropNex is striving to elevate this figure to at least 66%. </p><p>The company's CEO explained that this expansion would yield more data, which would be provided to its agents, their clients, and developers to facilitate informed decision-making. This strategy aims to help the company fend off challenges from proptech platforms while elevating its role beyond that of a mere intermediary.</p><p>For instance, developers can access sales data on design concepts, unit mixes, and price points, as PropNex possesses comprehensive market statistics.</p><p>\"Our data is continuously provided by our agents 24/7,\" said Gafoor, adding that even Singapore's Department of Statistics (Singstat) may not have the latest information due to the time required for property registration.</p><p>Leveraging technology, the company launched an exclusive service in January, likened by the CEO to a private banking service. This allows its agents to send personalized property reports to selected past clients quarterly, updating them on the latest transaction prices, valuations, and insights related to their properties.</p><p>PropNex has invested heavily in technology, though it declined to disclose annual expenditures. Over 25% of its 200 employees work in IT, and last August, the company reallocated 5% of its IPO proceeds, amounting to S$2 million, to enhance its technological capabilities.**</p><p><strong>Investor Confidence and Shareholder Returns</strong></p><p>In recent months, investors have flocked to PropNex's stock, anticipating the company's ride on the real estate boom and the distribution of a special 25th-anniversary dividend. As of February 6, the stock had risen by 16.4% over the past year.</p><p>Gafoor openly acknowledged that shareholder returns would be more substantial with the special dividend. \"If you look at our cash position, I think we are well-positioned to consider such returns.\"</p><p>As of June 30, 2024, PropNex had no borrowings and a cash reserve of S$134.4 million.</p><p>Even without the special dividend, the company has been exceptionally generous to shareholders—distributing dividends exceeding the 75% to 80% stipulated in its dividend policy. For example, it paid out 87.6% of its earnings in the first half of fiscal 2024 and 92.9% of its net profit in fiscal 2023.</p><p>Gafoor noted that PropNex, with its asset-light and cash-generating business model, positions itself as a dividend investor.</p><p>He added that the company is not in urgent need of funds, enabling it to allocate resources to shareholders.</p><p><strong>Calm Amid Constraints</strong></p><p>When asked about potential acquisitions that might necessitate tapping into its cash reserves, the 61-year-old helmsman stated that such corporate actions would be challenging for PropNex in Singapore, given its market-leading position and potential regulatory scrutiny.</p><p>For overseas ventures, cash outlays are unnecessary, as PropNex advances through a franchising model, generating franchise fees and a share of commissions from day one.</p><p>PropNex operates in Malaysia, Indonesia, Cambodia, Vietnam, and Australia. Its Malaysian franchisee has performed exceptionally well, prompting the Singaporean entity to acquire a 20% stake.</p><p>Gafoor attributes PropNex's competitiveness and appeal to its training programs, dual career path structure allowing agents to eventually take on managerial roles, and support systems.</p><p>Thanks to the influx of new and experienced staff, the agency is on track to achieve its goal of having 15,000 sales personnel in Singapore by 2026.</p><p>\"We tend to recruit most of the new agents,\" he noted.</p><p>Although, unlike some peers, the agency does not cover its agents' annual licensing fees and professional liability insurance premiums, Gafoor explained that this is because PropNex does not want to \"retain unproductive agents.\"</p><p><strong>Diversified Revenue Streams and Resilience</strong></p><p>Regarding the potential impact of any cooling measures on its business, Gafoor pointed out that the agency has diversified its revenue streams.</p><p>In the first half of fiscal 2024, about 50% of its revenue—comprising 20% from HDB resales, 23% from leasing (typically recurring income), 3% from commercial and industrial properties, and 5% from landed property resales—was resilient or unaffected by such measures.</p><p>The remainder, including private resales and project marketing, is more susceptible to government actions aimed at curbing rising property prices and market exuberance.</p><p>\"Our business is diversified,\" Gafoor said. \"No single cooling measure would slash our revenue by 40% to 50%—it won't. It just takes people a month or two to understand and recalibrate their strategies to overcome these challenges.\"</p><p>The share price of PropNex rose by <strong>3.7%</strong> today.<br></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OYY.SI":"PROPNEX LIMITED"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164798518","content_text":"Given the bright prospects of Singapore's real estate market,  PropNex  is optimistic about its outlook for this year.This year marks the 25th anniversary of PropNex's establishment, and Gafoor has expressed an optimistic view in light of this milestone. The mainboard-listed company is willing to distribute a special dividend to commemorate this occasion.The official pointed out that the number of apartments for sale this year, including units that remained unsold in the past few years, will reach approximately 20,000. It is anticipated that around 12,850 new units will be launched this year, compared to only 7,300 new units in 2024.The increase in the number of apartments for sale is a favorable sign for this market leader, which boasts the largest army of agents in Singapore—nearly 13,000 agents as of January 24.In the first half of 2024, PropNex's agents sold more than half (55.5%) of the new housing stock, including executive condominiums, non-landed properties, and landed properties.During the same period, the agency also captured the largest share in the resale markets for public apartments and private real estate, at 66.5% and 60.1% respectively.In the six-month period, it accounted for 48.4% of transactions in the landed property resale market and 37% of transactions in the private rental market.PropNex's financial year 2024 results are set to be announced at the end of February.Although the recently launched new condominiums have been well-received, Gafoor noted that it takes the agency three to four months to realize revenue from these projects.As such, the launch of these new developments will only contribute to the company's financial performance in the fiscal year 2025, he said.Nevertheless, favorable market conditions such as the reduction in borrowing costs following the Federal Reserve's interest rate cut last September and stable employment levels have bolstered real estate demand.\"People can secure fixed rates of 2.5% to 2.6% for two years. Consequently, market confidence has indeed shifted in the last quarter, and this momentum has continued in the recent launches,\" Gafoor added.Technology-Driven FoundationDespite commanding a dominant 63.3% share of the local private residential and public housing resale markets, PropNex is striving to elevate this figure to at least 66%. The company's CEO explained that this expansion would yield more data, which would be provided to its agents, their clients, and developers to facilitate informed decision-making. This strategy aims to help the company fend off challenges from proptech platforms while elevating its role beyond that of a mere intermediary.For instance, developers can access sales data on design concepts, unit mixes, and price points, as PropNex possesses comprehensive market statistics.\"Our data is continuously provided by our agents 24/7,\" said Gafoor, adding that even Singapore's Department of Statistics (Singstat) may not have the latest information due to the time required for property registration.Leveraging technology, the company launched an exclusive service in January, likened by the CEO to a private banking service. This allows its agents to send personalized property reports to selected past clients quarterly, updating them on the latest transaction prices, valuations, and insights related to their properties.PropNex has invested heavily in technology, though it declined to disclose annual expenditures. Over 25% of its 200 employees work in IT, and last August, the company reallocated 5% of its IPO proceeds, amounting to S$2 million, to enhance its technological capabilities.**Investor Confidence and Shareholder ReturnsIn recent months, investors have flocked to PropNex's stock, anticipating the company's ride on the real estate boom and the distribution of a special 25th-anniversary dividend. As of February 6, the stock had risen by 16.4% over the past year.Gafoor openly acknowledged that shareholder returns would be more substantial with the special dividend. \"If you look at our cash position, I think we are well-positioned to consider such returns.\"As of June 30, 2024, PropNex had no borrowings and a cash reserve of S$134.4 million.Even without the special dividend, the company has been exceptionally generous to shareholders—distributing dividends exceeding the 75% to 80% stipulated in its dividend policy. For example, it paid out 87.6% of its earnings in the first half of fiscal 2024 and 92.9% of its net profit in fiscal 2023.Gafoor noted that PropNex, with its asset-light and cash-generating business model, positions itself as a dividend investor.He added that the company is not in urgent need of funds, enabling it to allocate resources to shareholders.Calm Amid ConstraintsWhen asked about potential acquisitions that might necessitate tapping into its cash reserves, the 61-year-old helmsman stated that such corporate actions would be challenging for PropNex in Singapore, given its market-leading position and potential regulatory scrutiny.For overseas ventures, cash outlays are unnecessary, as PropNex advances through a franchising model, generating franchise fees and a share of commissions from day one.PropNex operates in Malaysia, Indonesia, Cambodia, Vietnam, and Australia. Its Malaysian franchisee has performed exceptionally well, prompting the Singaporean entity to acquire a 20% stake.Gafoor attributes PropNex's competitiveness and appeal to its training programs, dual career path structure allowing agents to eventually take on managerial roles, and support systems.Thanks to the influx of new and experienced staff, the agency is on track to achieve its goal of having 15,000 sales personnel in Singapore by 2026.\"We tend to recruit most of the new agents,\" he noted.Although, unlike some peers, the agency does not cover its agents' annual licensing fees and professional liability insurance premiums, Gafoor explained that this is because PropNex does not want to \"retain unproductive agents.\"Diversified Revenue Streams and ResilienceRegarding the potential impact of any cooling measures on its business, Gafoor pointed out that the agency has diversified its revenue streams.In the first half of fiscal 2024, about 50% of its revenue—comprising 20% from HDB resales, 23% from leasing (typically recurring income), 3% from commercial and industrial properties, and 5% from landed property resales—was resilient or unaffected by such measures.The remainder, including private resales and project marketing, is more susceptible to government actions aimed at curbing rising property prices and market exuberance.\"Our business is diversified,\" Gafoor said. \"No single cooling measure would slash our revenue by 40% to 50%—it won't. It just takes people a month or two to understand and recalibrate their strategies to overcome these challenges.\"The share price of PropNex rose by 3.7% today.","news_type":1,"symbols_score_info":{"OYY.SI":1.1}},"isVote":1,"tweetType":1,"viewCount":2596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":532024263918560,"gmtCreate":1770910299818,"gmtModify":1770910303217,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564023605658961","idStr":"3564023605658961"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/SOXL\">$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/SOXL\">$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ </a>&nbsp;","text":"$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$","images":[{"img":"https://community-static.tradeup.com/news/dd63da7ed710c30122a5684f0d846852","width":"870","height":"1772"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/532024263918560","isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":372687073714464,"gmtCreate":1732030726528,"gmtModify":1732030730185,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564023605658961","idStr":"3564023605658961"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$ </a>&nbsp;","text":"$Grab Holdings(GRAB)$","images":[{"img":"https://community-static.tradeup.com/news/fca9ba1aea623e878d5d243931d0d886","width":"894","height":"1564"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372687073714464","isVote":1,"tweetType":1,"viewCount":2532,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"10000000000010968","authorId":"10000000000010968","name":"Tiger_CashBoostAccount","avatar":"https://community-static.tradeup.com/news/ae2d4002ef9664aba005cb3020f416f5","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"10000000000010968","idStr":"10000000000010968"},"content":"Your portfolio's growth is impressive! Your ability to identify undervalued companies is truly a skill. Trade with Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","text":"Your portfolio's growth is impressive! Your ability to identify undervalued companies is truly a skill. Trade with Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","html":"Your portfolio's growth is impressive! Your ability to identify undervalued companies is truly a skill. Trade with Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":459290853958144,"gmtCreate":1753146604220,"gmtModify":1753146607101,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564023605658961","idStr":"3564023605658961"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/OYY.SI\">$PropNex(OYY.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;PropNex fair value $2.66!! 🤑🤑🤑🤑🤑🤑🤑🤑","listText":"<a href=\"https://ttm.financial/S/OYY.SI\">$PropNex(OYY.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;PropNex fair value $2.66!! 🤑🤑🤑🤑🤑🤑🤑🤑","text":"$PropNex(OYY.SI)$ PropNex fair value $2.66!! 🤑🤑🤑🤑🤑🤑🤑🤑","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/459290853958144","repostId":"2553865478","repostType":2,"isVote":1,"tweetType":1,"viewCount":1083,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":523871296614920,"gmtCreate":1768924188771,"gmtModify":1768924192125,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564023605658961","idStr":"3564023605658961"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/SOXL\">$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/SOXL\">$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ </a>&nbsp;","text":"$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$","images":[{"img":"https://community-static.tradeup.com/news/a19054f622f25d09a1d2c321fb4f931d","width":"870","height":"1772"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/523871296614920","isVote":1,"tweetType":1,"viewCount":506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":406082806489520,"gmtCreate":1740169116299,"gmtModify":1740173849672,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564023605658961","idStr":"3564023605658961"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/SOXL 20250417 31.0 CALL SELL 1 | SOXL 20250417 31.0 PUT BUY 1\">$SOXL CUSTOM 250417 CALL 31.0/PUT 31.0$</a>&nbsp;","listText":"<a href=\"https://ttm.financial/OPT/SOXL 20250417 31.0 CALL SELL 1 | SOXL 20250417 31.0 PUT BUY 1\">$SOXL CUSTOM 250417 CALL 31.0/PUT 31.0$</a>&nbsp;","text":"$SOXL CUSTOM 250417 CALL 31.0/PUT 31.0$","images":[{"img":"https://community-static.tradeup.com/news/515c5775c52aac7c06c8bb30375dce94","width":"876","height":"1720"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406082806489520","isVote":1,"tweetType":1,"viewCount":1625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":153746799,"gmtCreate":1625054009911,"gmtModify":1703734927604,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564023605658961","idStr":"3564023605658961"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>will it cross $32 today?","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>will it cross $32 today?","text":"$Tiger Brokers(TIGR)$will it cross $32 today?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/153746799","isVote":1,"tweetType":1,"viewCount":2260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096561058,"gmtCreate":1644421555926,"gmtModify":1676533924312,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564023605658961","idStr":"3564023605658961"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/RW0U.SI\">$MAPLETREE NORTH ASIA COMM TR(RW0U.SI)$</a>Wow...Blackrock and Temasek bought so much!!","listText":"<a href=\"https://ttm.financial/S/RW0U.SI\">$MAPLETREE NORTH ASIA COMM TR(RW0U.SI)$</a>Wow...Blackrock and Temasek bought so much!!","text":"$MAPLETREE NORTH ASIA COMM TR(RW0U.SI)$Wow...Blackrock and Temasek bought so much!!","images":[{"img":"https://static.itradeup.com/news/71153f2c44397e34aea75c4f4b7415ec","width":"1080","height":"2220"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096561058","isVote":1,"tweetType":1,"viewCount":1787,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566385558470298","authorId":"3566385558470298","name":"___ _","avatar":"https://community-static.tradeup.com/news/e0600059befbdbcd780f0d15118a44d6","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3566385558470298","idStr":"3566385558470298"},"content":"this happens last December. could be they know it'll become MPACT and will see a rise in price 🤔","text":"this happens last December. could be they know it'll become MPACT and will see a rise in price 🤔","html":"this happens last December. could be they know it'll become MPACT and will see a rise in price 🤔"},{"author":{"id":"3566385558470298","authorId":"3566385558470298","name":"___ _","avatar":"https://community-static.tradeup.com/news/e0600059befbdbcd780f0d15118a44d6","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3566385558470298","idStr":"3566385558470298"},"content":"good observation 👍","text":"good observation 👍","html":"good observation 👍"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":125978420,"gmtCreate":1624644863160,"gmtModify":1703842739739,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564023605658961","idStr":"3564023605658961"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Keep the faith, Tigerians!! Look forward to another trip to the moon in August when earnings results are released.&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Keep the faith, Tigerians!! Look forward to another trip to the moon in August when earnings results are released.&nbsp;","text":"$Tiger Brokers(TIGR)$Keep the faith, Tigerians!! Look forward to another trip to the moon in August when earnings results are released.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/125978420","isVote":1,"tweetType":1,"viewCount":1142,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576759208994289","authorId":"3576759208994289","name":"CashCity","avatar":"https://static.tigerbbs.com/c5cf91d5f3d2d348fadcd1f4cd2a3fc7","crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"3576759208994289","idStr":"3576759208994289"},"content":"$40 in August!","text":"$40 in August!","html":"$40 in August!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167720835,"gmtCreate":1624285393427,"gmtModify":1703832507448,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564023605658961","idStr":"3564023605658961"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> u sell more, price drop more...there are people waiting to buy back at low and see it rise again....cycle repeats...","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> u sell more, price drop more...there are people waiting to buy back at low and see it rise again....cycle repeats...","text":"$Tiger Brokers(TIGR)$ u sell more, price drop more...there are people waiting to buy back at low and see it rise again....cycle repeats...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167720835","isVote":1,"tweetType":1,"viewCount":799,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189817934,"gmtCreate":1623250897628,"gmtModify":1704199447569,"author":{"id":"3564023605658961","authorId":"3564023605658961","name":"FortuneMeow","avatar":"https://static.tigerbbs.com/fbea11ddd2c3d45c40dda12640dba62c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564023605658961","idStr":"3564023605658961"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/189817934","repostId":"1188697627","repostType":4,"repost":{"id":"1188697627","kind":"news","pubTimestamp":1623247497,"share":"https://ttm.financial/m/news/1188697627?lang=en_US&edition=fundamental","pubTime":"2021-06-09 22:04","market":"us","language":"en","title":"Why This Millennial Is Rage-Buying AMC and Crypto","url":"https://stock-news.laohu8.com/highlight/detail?id=1188697627","media":"Barron's","summary":"Karl Marx would have loved Reddit. If the German philosopher were alive today, he’d be posting that ","content":"<p>Karl Marx would have loved Reddit. If the German philosopher were alive today, he’d be posting that everyone should get in on trading meme stocks and cryptocurrency. Not to get rich—though that’s a nice side benefit—but to strike back at the investor class. “It’s worthwhile running some risk in order to relieve the enemy of his money,” Marxwrote. I’m right there with you, Karl.</p>\n<p>Working-class millennials have been denied the chance to build generational wealth over the course of our professional careers. Many of us are risking what little we have left as a way of raging against a machine we feel is rigged against us. And we’re following in Marx’s footsteps.</p>\n<p>After a friend died in 1864, Marx received £820 in a bequest, his biographerrecounts. That comes out to roughly $151,500 today after adjusting for inflation and applying current conversion rates. Marx used a portion of his inheritance to become a financial speculator, often engaging in the same sort of penny-stock bubble schemes that the notorious WallStreetBets sub-Reddit has been accused of engaging in this year. “[Stocks] are springing up like mushrooms this year,” Marx wrote in a letter to his uncle, bragging that he had already made £400 from speculation. He added that many of his investments were typically “forced up to quite an unreasonable level and then, for the most part, collapse.”</p>\n<p>Marx’s trading stories are difficult to substantiate, but millennials’ love of meme stocks is very real. I’ve already made more this year from trading meme stocks and cryptocurrency than I have as a professional writer. I’ve come to look at the meme stock boom as millennials’ chance to finally build wealth. But if not, we’re content with making the investors largely responsible for our financial woes feel a bit of the pain they’ve inflicted on us. Short-sellers are losing their shirts to the tune of$4.5 billionon meme stocks so far.</p>\n<p>As a 34-year-old American, almost every generational stereotype applies to me. HuffPost’s Michael Hobbessummed upmillennials’ financial situation best in 2017: “My rent consumes nearly half my income, I haven’t had a steady job since Pluto was a planet and my savings are dwindling faster than the ice caps the baby boomers melted.”</p>\n<p>Perhaps because we’re the only American generation to live through two major recessions and two wars in our coming-up years, we’re the first generation to be financially worse off than our parents, despite beingbetter educatedon average. We paid for it, too. A year of college that cost $10,000 for boomers set millennials back more than $15,000 on average in inflation-adjusted dollars, according toBloomberg. Millennials of color, particularly Black millennials, have it worse. They graduated witheven more student debtthan their white classmates, arefar less likelyto be hired in white-collar professions, and their households earnjust 60%of what their white coworkers make.</p>\n<p>Millennials’ high-priced educations haven’t bought us much job security. A 2018 Gallup studycalledmillennials the “job-hopping generation.” Maybe, but not by choice. A 2019University of Chicago studyfound millennials actually long for a stable career. It should come as little surprise, then, that a generation plagued with job insecurity and mounting debt is leading the“baby bust.”The birth rate is at its lowest inthree decades. There may not be enough working-age Americans to care for the nation’s swelling senior population. Boomers effectively climbed the class ladder, then took a saw and cut off the rungs below them. (And they still ask us when we’ll give them grandchildren!)</p>\n<p>If all that doesn’t make meme stocks and cryptocurrency more appealing, at least it might help explain why some of us just don’t care any more about playing it safe. I’ll be the first to admit that investing in meme stocks isn’t a sustainable way to build wealth. A lot more of us will get hurt than get rich. But I’m not primarily investing to make money: I want the investors who crashed the economy and got bailed out in my senior year of college—thustorpedoingmy career earning potential—to feel at least a little bit of the hardship they put my generation through. And given thepredominantly millennialcomposition of /r/WallStreetBets, I know I’m not the only rage-driven investor.</p>\n<p>There’s plenty to be mad about. Like we saw withGameStop,workers organizing to make the stock market pay out in our favor results in strict blowback. After Redditors speculated GameStop shares through the roof in late January, mobile trading app Robinhood not only restricted trading, but evenreportedlysold investors’ GameStop shares without their consent. (Robinhooddeniesforced-selling occurred.) When it came to light that Robinhood had afinancial relationshipwith firms that help route its customers’ orders, it made a lot of newbie investors like me even more jaded about the markets.</p>\n<p>In March, when New York City opened movie theaters, I decided to buy AMC shares on a lark for $7 apiece. As of early June, my investment has appreciated in value by more than 550%. That could evaporate, but I’m taking a lesson from GameStop. Its stock is still trading at more than $250 per share despite starting the year under $20. I plan on continuing to hold my AMC shares in hopes the value will increase even more. When it’s finally time, I’ll sell half and re-invest my profits in cryptocurrency.</p>\n<p>When that happens, I’ll be far from the only millennial betting big on crypto. According to Business Insider, my generation ischiefly responsiblefor the sudden rise of cryptocurrency in 2021, in which both blue-chip digital currencies like Ethereum, as well as joke cryptocurrencies like Dogecoin, are thriving. Ethereum’s price has gone from $730.97 per coin on Jan. 1 to a peak of over $4,000 in May. Dogecoin hasappreciatedby more than 21,000% since its inception as a meme in 2013. (I’m still kicking myself for selling my Dogecoin when it was trading for less than 10 cents, even though I still made thousands in profit). Millennials’ commitment to crypto is now forcing the giants to play along: In March,Morgan Stanleybecame thefirst bankto offer Bitcoin funds to its wealthy clients. And as if on cue, now that the workers have made a little money in the rigged casino, U.S. regulators are reportedly preparing a “crackdown” on cryptocurrency.</p>\n<p>Millennials went through childhood being told we had to work hard to have financial security. Then we were told we had to shackle ourselves with debt to get a college degree that would get us a good job. Then we were told that only a lucky few actually build wealth from their jobs and that to have true financial success, we should invest. And then when we invested, we were told we were doing it wrong. I get the message. Millennials aren’t meant to win. Financial security isn’t for us. So if we can make a few grand by speculating penny stocks to the moon and hurt a few smug hedge fund vultures in the process, we’ll settle for that.</p>\n<p><b>Corrections &amp; Amplifications</b>: Citadel Securities is a market-maker that provides services for Robinhood, not a hedge fund. An earlier version of this commentary incorrectly reported that a subsidiary of Citadel Securities held a short position in GameStop.</p>","source":"lsy1610680873436","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>Why This Millennial Is Rage-Buying AMC and Crypto</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nWhy This Millennial Is Rage-Buying AMC and Crypto\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 22:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/why-im-still-rage-buying-meme-stocks-51623165336><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Karl Marx would have loved Reddit. If the German philosopher were alive today, he’d be posting that everyone should get in on trading meme stocks and cryptocurrency. Not to get rich—though that’s a ...</p>\n\n<a href=\"https://www.barrons.com/articles/why-im-still-rage-buying-meme-stocks-51623165336\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"比特币ETF-Grayscale","AMC":"AMC院线"},"source_url":"https://www.barrons.com/articles/why-im-still-rage-buying-meme-stocks-51623165336","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188697627","content_text":"Karl Marx would have loved Reddit. If the German philosopher were alive today, he’d be posting that everyone should get in on trading meme stocks and cryptocurrency. Not to get rich—though that’s a nice side benefit—but to strike back at the investor class. “It’s worthwhile running some risk in order to relieve the enemy of his money,” Marxwrote. I’m right there with you, Karl.\nWorking-class millennials have been denied the chance to build generational wealth over the course of our professional careers. Many of us are risking what little we have left as a way of raging against a machine we feel is rigged against us. And we’re following in Marx’s footsteps.\nAfter a friend died in 1864, Marx received £820 in a bequest, his biographerrecounts. That comes out to roughly $151,500 today after adjusting for inflation and applying current conversion rates. Marx used a portion of his inheritance to become a financial speculator, often engaging in the same sort of penny-stock bubble schemes that the notorious WallStreetBets sub-Reddit has been accused of engaging in this year. “[Stocks] are springing up like mushrooms this year,” Marx wrote in a letter to his uncle, bragging that he had already made £400 from speculation. He added that many of his investments were typically “forced up to quite an unreasonable level and then, for the most part, collapse.”\nMarx’s trading stories are difficult to substantiate, but millennials’ love of meme stocks is very real. I’ve already made more this year from trading meme stocks and cryptocurrency than I have as a professional writer. I’ve come to look at the meme stock boom as millennials’ chance to finally build wealth. But if not, we’re content with making the investors largely responsible for our financial woes feel a bit of the pain they’ve inflicted on us. Short-sellers are losing their shirts to the tune of$4.5 billionon meme stocks so far.\nAs a 34-year-old American, almost every generational stereotype applies to me. HuffPost’s Michael Hobbessummed upmillennials’ financial situation best in 2017: “My rent consumes nearly half my income, I haven’t had a steady job since Pluto was a planet and my savings are dwindling faster than the ice caps the baby boomers melted.”\nPerhaps because we’re the only American generation to live through two major recessions and two wars in our coming-up years, we’re the first generation to be financially worse off than our parents, despite beingbetter educatedon average. We paid for it, too. A year of college that cost $10,000 for boomers set millennials back more than $15,000 on average in inflation-adjusted dollars, according toBloomberg. Millennials of color, particularly Black millennials, have it worse. They graduated witheven more student debtthan their white classmates, arefar less likelyto be hired in white-collar professions, and their households earnjust 60%of what their white coworkers make.\nMillennials’ high-priced educations haven’t bought us much job security. A 2018 Gallup studycalledmillennials the “job-hopping generation.” Maybe, but not by choice. A 2019University of Chicago studyfound millennials actually long for a stable career. It should come as little surprise, then, that a generation plagued with job insecurity and mounting debt is leading the“baby bust.”The birth rate is at its lowest inthree decades. There may not be enough working-age Americans to care for the nation’s swelling senior population. Boomers effectively climbed the class ladder, then took a saw and cut off the rungs below them. (And they still ask us when we’ll give them grandchildren!)\nIf all that doesn’t make meme stocks and cryptocurrency more appealing, at least it might help explain why some of us just don’t care any more about playing it safe. I’ll be the first to admit that investing in meme stocks isn’t a sustainable way to build wealth. A lot more of us will get hurt than get rich. But I’m not primarily investing to make money: I want the investors who crashed the economy and got bailed out in my senior year of college—thustorpedoingmy career earning potential—to feel at least a little bit of the hardship they put my generation through. And given thepredominantly millennialcomposition of /r/WallStreetBets, I know I’m not the only rage-driven investor.\nThere’s plenty to be mad about. Like we saw withGameStop,workers organizing to make the stock market pay out in our favor results in strict blowback. After Redditors speculated GameStop shares through the roof in late January, mobile trading app Robinhood not only restricted trading, but evenreportedlysold investors’ GameStop shares without their consent. (Robinhooddeniesforced-selling occurred.) When it came to light that Robinhood had afinancial relationshipwith firms that help route its customers’ orders, it made a lot of newbie investors like me even more jaded about the markets.\nIn March, when New York City opened movie theaters, I decided to buy AMC shares on a lark for $7 apiece. As of early June, my investment has appreciated in value by more than 550%. That could evaporate, but I’m taking a lesson from GameStop. Its stock is still trading at more than $250 per share despite starting the year under $20. I plan on continuing to hold my AMC shares in hopes the value will increase even more. When it’s finally time, I’ll sell half and re-invest my profits in cryptocurrency.\nWhen that happens, I’ll be far from the only millennial betting big on crypto. According to Business Insider, my generation ischiefly responsiblefor the sudden rise of cryptocurrency in 2021, in which both blue-chip digital currencies like Ethereum, as well as joke cryptocurrencies like Dogecoin, are thriving. Ethereum’s price has gone from $730.97 per coin on Jan. 1 to a peak of over $4,000 in May. Dogecoin hasappreciatedby more than 21,000% since its inception as a meme in 2013. (I’m still kicking myself for selling my Dogecoin when it was trading for less than 10 cents, even though I still made thousands in profit). Millennials’ commitment to crypto is now forcing the giants to play along: In March,Morgan Stanleybecame thefirst bankto offer Bitcoin funds to its wealthy clients. And as if on cue, now that the workers have made a little money in the rigged casino, U.S. regulators are reportedly preparing a “crackdown” on cryptocurrency.\nMillennials went through childhood being told we had to work hard to have financial security. Then we were told we had to shackle ourselves with debt to get a college degree that would get us a good job. Then we were told that only a lucky few actually build wealth from their jobs and that to have true financial success, we should invest. And then when we invested, we were told we were doing it wrong. I get the message. Millennials aren’t meant to win. Financial security isn’t for us. So if we can make a few grand by speculating penny stocks to the moon and hurt a few smug hedge fund vultures in the process, we’ll settle for that.\nCorrections & Amplifications: Citadel Securities is a market-maker that provides services for Robinhood, not a hedge fund. An earlier version of this commentary incorrectly reported that a subsidiary of Citadel Securities held a short position in GameStop.","news_type":1,"symbols_score_info":{"GBTC":0.9,"AMC":0.9,"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}