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- ToTheM00NToTheM00N
  ·2022-09-12
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  Activist Investor Dan Loeb Backs off From Asking Disney to Sell ESPN
  (Reuters) - Billionaire activist investor Daniel Loeb backed off from pushing Walt Disney Co to spin
  Activist Investor Dan Loeb Backs off From Asking Disney to Sell ESPN
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- ToTheM00NToTheM00N
  ·2022-09-11
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  Disney Boss Rejects Dan Loeb’s Calls to Spin off ESPN
  Bob Chapek, Walt Disney chief executive, has rejected calls by activist investor Dan Loeb to sell or
  Disney Boss Rejects Dan Loeb’s Calls to Spin off ESPN
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- ToTheM00NToTheM00N
  ·2022-09-10
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  SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings
  Welcome to the latest edition of top stock highlights where we write on the latest business news and
  SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings
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- ToTheM00NToTheM00N
  ·2022-09-09
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- ToTheM00NToTheM00N
  ·2022-09-08
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- ToTheM00NToTheM00N
  ·2022-09-07
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  ·2022-09-05
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  ·2022-09-05
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  Singapore Stocks to Watch: Metis Energy
  THE following company saw new developments that may affect trading of its securities on Monday (Sep
  Singapore Stocks to Watch: Metis Energy
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- ToTheM00NToTheM00N
  ·2022-09-05
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  Why Meta Platforms Stock Could Break To The Upside In October
  SummaryI am a big Meta bull, as I believe the company's stock is deeply undervalued as compared to c
  Why Meta Platforms Stock Could Break To The Upside In October
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service Hulu from minority stakeholder <a href=\"https://laohu8.com/S/CMCSA\">Comcast Corp</a> ahead of the planned 2024 acquisition.</p><p>Chapek told Reuters he has been in conversation with Comcast about accelerating the timetable for the acquisition. &#34;I would think it would make sense to them because it&#39;s inevitable,&#34; he said.</p></body></html>","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>Activist Investor Dan Loeb Backs off From Asking Disney to Sell ESPN</title>\n<style 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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\">\nActivist Investor Dan Loeb Backs off From Asking Disney to Sell ESPN\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-12 07:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Billionaire activist investor Daniel Loeb backed off from pushing Walt <a href=\"https://laohu8.com/S/DIS\">Disney Co</a> to spin off ESPN, saying he has a &#34;better understanding&#34; of the sports television network&#39;s potential for growth.</p><p>This comes after Disney Chief Executive Bob Chapek reaffirmed the value of ESPN to the media company.</p><p>&#34;We believe that ESPN is an asset that is well placed within the Walt Disney Company,&#34; Chapek told Reuters.</p><p>The investor said in a tweet on Sunday that he looks forward to seeing ESPN Chairman James Pitaro execute on the growth and innovation plans, &#34;generating considerable synergies as part of&#34; Disney.</p><p>Loeb, who runs Third Point, in August disclosed a stake of roughly $1 billion in Disney and announced plans to push the company to make a string of changes, from spinning off ESPN to buying back shares and adding board members.</p><p>Chapek confirmed reports that Disney had received numerous inquiries from companies seeking to buy ESPN earlier this year amid rumors that the company was weighing a sale of the cable network.</p><p>The company has spent the last year laying plans to reignite growth at ESPN, and to position it for the future as part of Disney&#39;s bundle of streaming service.</p><p>&#34;It&#39;s been a great cash flow generator for us, which is, as we ramp up with streaming, kind of helps pay the bills,&#34; said Chapek. &#34;It&#39;s very, very positive today, and the most important thing was to always look for the future, right?&#34;</p><p>On Loeb&#39;s plan to push Disney to add new board members, Chapek defended the board, saying it had a broad &#34;range of skillsets&#34; and that the average tenure on it was four years.</p><p>Third Point, which owns roughly 0.4% stake in Disney, has also proposed that Disney accelerate the timetable for buying the remaining stake in streaming service Hulu from minority stakeholder <a href=\"https://laohu8.com/S/CMCSA\">Comcast Corp</a> ahead of the planned 2024 acquisition.</p><p>Chapek told Reuters he has been in conversation with Comcast about accelerating the timetable for the acquisition. &#34;I would think it would make sense to them because it&#39;s inevitable,&#34; he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166715898","content_text":"(Reuters) - Billionaire activist investor Daniel Loeb backed off from pushing Walt Disney Co to spin off ESPN, saying he has a \"better understanding\" of the sports television network's potential for growth.This comes after Disney Chief Executive Bob Chapek reaffirmed the value of ESPN to the media company.\"We believe that ESPN is an asset that is well placed within the Walt Disney Company,\" Chapek told Reuters.The investor said in a tweet on Sunday that he looks forward to seeing ESPN Chairman James Pitaro execute on the growth and innovation plans, \"generating considerable synergies as part of\" Disney.Loeb, who runs Third Point, in August disclosed a stake of roughly $1 billion in Disney and announced plans to push the company to make a string of changes, from spinning off ESPN to buying back shares and adding board members.Chapek confirmed reports that Disney had received numerous inquiries from companies seeking to buy ESPN earlier this year amid rumors that the company was weighing a sale of the cable network.The company has spent the last year laying plans to reignite growth at ESPN, and to position it for the future as part of Disney's bundle of streaming service.\"It's been a great cash flow generator for us, which is, as we ramp up with streaming, kind of helps pay the bills,\" said Chapek. \"It's very, very positive today, and the most important thing was to always look for the future, right?\"On Loeb's plan to push Disney to add new board members, Chapek defended the board, saying it had a broad \"range of skillsets\" and that the average tenure on it was four years.Third Point, which owns roughly 0.4% stake in Disney, has also proposed that Disney accelerate the timetable for buying the remaining stake in streaming service Hulu from minority stakeholder Comcast Corp ahead of the planned 2024 acquisition.Chapek told Reuters he has been in conversation with Comcast about accelerating the timetable for the acquisition. \"I would think it would make sense to them because it's inevitable,\" he said.","news_type":1,"symbols_score_info":{"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":2871,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932917913,"gmtCreate":1662862936332,"gmtModify":1676537152973,"author":{"id":"3581730511233431","authorId":"3581730511233431","name":"ToTheM00N","avatar":"https://static.tigerbbs.com/7b77b689650adddd8a8560dc89fcb930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581730511233431","authorIdStr":"3581730511233431"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932917913","repostId":"1168017166","repostType":4,"repost":{"id":"1168017166","kind":"news","pubTimestamp":1662861884,"share":"https://ttm.financial/m/news/1168017166?lang=&edition=fundamental","pubTime":"2022-09-11 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content=\"telephone=no,email=no,address=no\" />\n<title>Disney Boss Rejects Dan Loeb’s Calls to Spin off ESPN</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{ 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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\">\nDisney Boss Rejects Dan Loeb’s Calls to Spin off ESPN\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-11 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/78adc493-8d32-401f-afff-2dc3757c5c3c><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bob Chapek, Walt Disney chief executive, has rejected calls by activist investor Dan Loeb to sell or spin off the ESPN sports television network, vowing to restore the business to its onetime status ...</p>\n\n<a href=\"https://www.ft.com/content/78adc493-8d32-401f-afff-2dc3757c5c3c\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://www.ft.com/content/78adc493-8d32-401f-afff-2dc3757c5c3c","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168017166","content_text":"Bob Chapek, Walt Disney chief executive, has rejected calls by activist investor Dan Loeb to sell or spin off the ESPN sports television network, vowing to restore the business to its onetime status as a growth engine of the company.Loeb, whose Third Point hedge fund revealed in August that it had bought a $1bn stake in the company, called for ESPN to be spun off to reduce Disney’s debtload — just one element of a sweeping plan to shake up the media company.In an interview with the FT, Chapek said Disney had been “deluged” with interest from companies seeking to buy ESPN earlier this year amid rumours that the company was weighing a sale of the cable network.“If everyone wants to come in and buy it or spin it with us, I think that says something about its potential,” Chapek said. “I think its potential is within the Disney company.”ESPN broadcasts live sports in the US, including games of the National Football League, National Basketball Association and Major League Baseball.“We have a plan for it that will restore ESPN to its growth trajectory,” Chapek said. “When the rest of the world knows what our plans are they will be as confident about that proposition as we are.”Bob Chapek speaks at the 2022 Disney Legends Awards during Disney’s D23 Expo on Saturday © REUTERSChapek said he has “regular conversations” with Loeb, who also took a stake in Disney in 2020 that he sold early this year. He characterised the conversations as “very collaborative, non-antagonistic and collegial”, including around Loeb’s recommendations to change the composition of the Disney board.He defended the board, saying that the average tenure is four years and has a broad “range of skillsets”.But he added: “We’re so consistent with Dan’s thinking that everything he’s talked about are either things we have considered in the past or are considering for the future.”Loeb has also called on Disney to purchase Comcast’s 33 per cent stake in the Hulu streaming service earlier than January 2024, when Disney has the option to purchase the remaining stake. Some analysts on Wall Street are also calling for Disney to settle the Hulu ownership soon.Chapek said he would “love” to settle the matter sooner but that Comcast has seemed reluctant.“We have talked to them numerous times over the past year-plus,” he said. “If that were in the cards we would love to do that, but it takes two to tango.” He noted that market sentiment has changed significantly since the agreement was struck, when investors were more bullish on streaming.Chapek spoke on the sidelines of the annual D23 conference in Anaheim, California, where the company revealed its streaming and theatrical slate to thousands of Disney fans. Disney showed off trailers of two highly anticipated films coming this autumn, the Black Panther sequel Wakanda Forever and Avatar: The Way of Water.It also previewed a run of original series on Disney Plus, including the Star Wars prequel Andor and the Marvel series Secret Invasion.Chapek said the autumn slate represented the end of a Covid-induced production bottleneck. “This is our new steady state (of production),” he said, saying that both the pace of production and the size of its content budget — currently about $30bn — would remain level.Disney has continued to add new customers to its streaming services this year, and by some measures its overall streaming operations have surpassed Netflix in subscribers. But Netflix’s revelation that it has lost more than 1mn subscribers this year has cast a pall over the entire streaming business, with investors growing concerned over high content spending and clamouring for a clear path to profitability.Disney’s theme park business is also recovering strongly despite the closure of parks in China, analysts said. But shares are down 26.5 per cent this year, compared to a decline of 15.2 per cent for the S&P 500.Chapek said Disney has “commercial momentum that is enviable” both in its content and theme parks businesses, but was suffering from investor “malaise” around streaming due to Netflix’s problems.“For a long time we benefited from being just like Netflix because we were a streaming company,” he said. “It’s not unexpected that we would get painted with the same brush [but] we’re not the same company.”","news_type":1,"symbols_score_info":{"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":2301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936245088,"gmtCreate":1662776637745,"gmtModify":1676537138897,"author":{"id":"3581730511233431","authorId":"3581730511233431","name":"ToTheM00N","avatar":"https://static.tigerbbs.com/7b77b689650adddd8a8560dc89fcb930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581730511233431","authorIdStr":"3581730511233431"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936245088","repostId":"1135709598","repostType":4,"repost":{"id":"1135709598","kind":"news","pubTimestamp":1662767710,"share":"https://ttm.financial/m/news/1135709598?lang=&edition=fundamental","pubTime":"2022-09-10 07:55","market":"sg","language":"en","title":"SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1135709598","media":"smart investor","summary":"Welcome to the latest edition of top stock highlights where we write on the latest business news and","content":"<html><head></head><body><p>Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.</p><h2><b>Singapore bank deposit rates</b></h2><p>Along with surging globalinterest rates, the trio of local banks has also jacked up its deposit rates to keep up.</p><p>Promotional interest rates on Singapore dollar (S$) fixed deposits have hit as high as 2.8% for a 24-month tenor.</p><p>At this level, the rate slightly surpasses the 2.6% one-year return for the latest Singapore Savings Bond.</p><p><b>United Overseas Bank Ltd</b>(SGX: U11), or UOB, is offering an attractive interest rate of 2.6% on its one-year S$ fixed deposit.</p><p>However, due to a large surge in customers, the bank has imposed a limit of five fixed deposit placements per customer.</p><p><b>OCBC Ltd</b>(SGX: O39) wasn’t far behind as it offered a 2.3% interest rate for the same product with a similar tenor.</p><p><b>DBS Group</b>(SGX: D05), Singapore’s largest bank, has, however, kept its highest rate at 1.3% but this could change as its peers up their deposit rates to attract more funds.</p><p>Although deposit rates are on the rise, investors should still feel confident that the lenders’ net interest margin will expand as new loans can be priced at much higher rates.</p><h2><b>Nio Inc (SGX: NIO)</b></h2><p>Nio is a Chinese electric vehicle manufacturer that produces smart electric vehicles and invests in innovative charging solutions with its headquarters and global R&amp;D centre located in Shanghai.</p><p>The company released its earnings and delivery update for the second quarter of 2022 (2Q2022).</p><p>Nio delivered 25,059 vehicles in 2Q2022, up 14.4% year on year, and was in line with the 25,768 delivered in 1Q2022.</p><p>For the first half of 2022 (1H2022), deliveries jumped 21.1% year on year from 41,956 to 50,827.</p><p>Total revenue increased by 21.8% year on year to RMB 10.3 billion for the quarter.</p><p>Gross margin, however, dipped from 18.6% in 2Q2021 to 13% due to an increase in delivery volume and higher material costs per vehicle.</p><p>Operating loss more than tripled year on year to RMB 2.8 billion as expenses such as research and development and selling costs surged higher.</p><p>Net loss ballooned from RMB 587.2 million a year ago to RMB 2.7 billion.</p><p>As of 30 June 2022, the electric car manufacturer had RMB 24.5 billion of cash along with RMB 30.5 billion of short and long-term investments.</p><p>Its total debt stood at RMB 20.3 billion, giving the company a net cash position of RMB 34.7 billion.</p><p>For 3Q2022, Nio expects to deliver between 31,000 and 33,000 vehicles, which would represent a 26.8% to 35% year on year increase.</p></body></html>","source":"lsy1602567310727","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>SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings</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\">\nSGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-10 07:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/><strong>smart investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.Singapore bank deposit ratesAlong with surging globalinterest rates, the trio of local ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数","NIO.SI":"蔚来","D05.SI":"星展集团控股","U11.SI":"大华银行","O39.SI":"华侨银行"},"source_url":"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135709598","content_text":"Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.Singapore bank deposit ratesAlong with surging globalinterest rates, the trio of local banks has also jacked up its deposit rates to keep up.Promotional interest rates on Singapore dollar (S$) fixed deposits have hit as high as 2.8% for a 24-month tenor.At this level, the rate slightly surpasses the 2.6% one-year return for the latest Singapore Savings Bond.United Overseas Bank Ltd(SGX: U11), or UOB, is offering an attractive interest rate of 2.6% on its one-year S$ fixed deposit.However, due to a large surge in customers, the bank has imposed a limit of five fixed deposit placements per customer.OCBC Ltd(SGX: O39) wasn’t far behind as it offered a 2.3% interest rate for the same product with a similar tenor.DBS Group(SGX: D05), Singapore’s largest bank, has, however, kept its highest rate at 1.3% but this could change as its peers up their deposit rates to attract more funds.Although deposit rates are on the rise, investors should still feel confident that the lenders’ net interest margin will expand as new loans can be priced at much higher rates.Nio Inc (SGX: NIO)Nio is a Chinese electric vehicle manufacturer that produces smart electric vehicles and invests in innovative charging solutions with its headquarters and global R&D centre located in Shanghai.The company released its earnings and delivery update for the second quarter of 2022 (2Q2022).Nio delivered 25,059 vehicles in 2Q2022, up 14.4% year on year, and was in line with the 25,768 delivered in 1Q2022.For the first half of 2022 (1H2022), deliveries jumped 21.1% year on year from 41,956 to 50,827.Total revenue increased by 21.8% year on year to RMB 10.3 billion for the quarter.Gross margin, however, dipped from 18.6% in 2Q2021 to 13% due to an increase in delivery volume and higher material costs per vehicle.Operating loss more than tripled year on year to RMB 2.8 billion as expenses such as research and development and selling costs surged higher.Net loss ballooned from RMB 587.2 million a year ago to RMB 2.7 billion.As of 30 June 2022, the electric car manufacturer had RMB 24.5 billion of cash along with RMB 30.5 billion of short and long-term investments.Its total debt stood at RMB 20.3 billion, giving the company a net cash position of RMB 34.7 billion.For 3Q2022, Nio expects to deliver between 31,000 and 33,000 vehicles, which would represent a 26.8% to 35% year on year increase.","news_type":1,"symbols_score_info":{"U11.SI":1,"NIO.SI":1,"STI.SI":1,"D05.SI":1,"O39.SI":1}},"isVote":1,"tweetType":1,"viewCount":2309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938758829,"gmtCreate":1662679862061,"gmtModify":1676537114397,"author":{"id":"3581730511233431","authorId":"3581730511233431","name":"ToTheM00N","avatar":"https://static.tigerbbs.com/7b77b689650adddd8a8560dc89fcb930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581730511233431","authorIdStr":"3581730511233431"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls 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like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9938817461","repostId":"2265849438","repostType":4,"isVote":1,"tweetType":1,"viewCount":3489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931442293,"gmtCreate":1662508427512,"gmtModify":1676537074502,"author":{"id":"3581730511233431","authorId":"3581730511233431","name":"ToTheM00N","avatar":"https://static.tigerbbs.com/7b77b689650adddd8a8560dc89fcb930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581730511233431","authorIdStr":"3581730511233431"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931442293","repostId":"2265587012","repostType":4,"isVote":1,"tweetType":1,"viewCount":2605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931376001,"gmtCreate":1662420160003,"gmtModify":1676537053873,"author":{"id":"3581730511233431","authorId":"3581730511233431","name":"ToTheM00N","avatar":"https://static.tigerbbs.com/7b77b689650adddd8a8560dc89fcb930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581730511233431","authorIdStr":"3581730511233431"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931376001","repostId":"1106535311","repostType":4,"isVote":1,"tweetType":1,"viewCount":2911,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933474010,"gmtCreate":1662341034430,"gmtModify":1676537039818,"author":{"id":"3581730511233431","authorId":"3581730511233431","name":"ToTheM00N","avatar":"https://static.tigerbbs.com/7b77b689650adddd8a8560dc89fcb930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581730511233431","authorIdStr":"3581730511233431"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933474010","repostId":"1165735347","repostType":4,"isVote":1,"tweetType":1,"viewCount":2365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933475259,"gmtCreate":1662341019671,"gmtModify":1676537039806,"author":{"id":"3581730511233431","authorId":"3581730511233431","name":"ToTheM00N","avatar":"https://static.tigerbbs.com/7b77b689650adddd8a8560dc89fcb930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581730511233431","authorIdStr":"3581730511233431"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9933475259","repostId":"1148824481","repostType":4,"repost":{"id":"1148824481","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":1662340124,"share":"https://ttm.financial/m/news/1148824481?lang=&edition=fundamental","pubTime":"2022-09-05 09:08","market":"sg","language":"en","title":"Singapore Stocks to Watch: Metis Energy","url":"https://stock-news.laohu8.com/highlight/detail?id=1148824481","media":"Tiger Newspress","summary":"THE following company saw new developments that may affect trading of its securities on Monday (Sep ","content":"<html><head></head><body><p>THE following company saw new developments that may affect trading of its securities on Monday (Sep 5):</p><p>Metis Energy (L02): Renewable energy infrastructure company Metis Energy has entered into a sale and purchase agreement with Kaiyi Investment to sell shares in Manhattan Property Development (MPDPL) for US$45.7 million.</p><p>Metis Energy, formerly known as Manhattan Resources, currently holds 30.2 per cent shareholding interest in MPDPL, while Kaiyi, an investment holding firm, holds 69.8 per cent.</p><p>The company had agreed last Friday (Sep 2) to sell all its remaining shares in the capital of MPDPL to Kaiyi, which had agreed to purchase, Metis Energy said in a bourse filing on Sunday.</p><p></p></body></html>","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>Singapore Stocks to Watch: Metis Energy</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{ 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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\">\nSingapore Stocks to Watch: Metis Energy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\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\">2022-09-05 09:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following company saw new developments that may affect trading of its securities on Monday (Sep 5):</p><p>Metis Energy (L02): Renewable energy infrastructure company Metis Energy has entered into a sale and purchase agreement with Kaiyi Investment to sell shares in Manhattan Property Development (MPDPL) for US$45.7 million.</p><p>Metis Energy, formerly known as Manhattan Resources, currently holds 30.2 per cent shareholding interest in MPDPL, while Kaiyi, an investment holding firm, holds 69.8 per cent.</p><p>The company had agreed last Friday (Sep 2) to sell all its remaining shares in the capital of MPDPL to Kaiyi, which had agreed to purchase, Metis Energy said in a bourse filing on Sunday.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"L02.SI":"Metis Energy - watch list"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148824481","content_text":"THE following company saw new developments that may affect trading of its securities on Monday (Sep 5):Metis Energy (L02): Renewable energy infrastructure company Metis Energy has entered into a sale and purchase agreement with Kaiyi Investment to sell shares in Manhattan Property Development (MPDPL) for US$45.7 million.Metis Energy, formerly known as Manhattan Resources, currently holds 30.2 per cent shareholding interest in MPDPL, while Kaiyi, an investment holding firm, holds 69.8 per cent.The company had agreed last Friday (Sep 2) to sell all its remaining shares in the capital of MPDPL to Kaiyi, which had agreed to purchase, Metis Energy said in a bourse filing on Sunday.","news_type":1,"symbols_score_info":{"L02.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":2793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933404775,"gmtCreate":1662335685797,"gmtModify":1676537037309,"author":{"id":"3581730511233431","authorId":"3581730511233431","name":"ToTheM00N","avatar":"https://static.tigerbbs.com/7b77b689650adddd8a8560dc89fcb930","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581730511233431","authorIdStr":"3581730511233431"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933404775","repostId":"1121703727","repostType":4,"repost":{"id":"1121703727","kind":"news","pubTimestamp":1662255934,"share":"https://ttm.financial/m/news/1121703727?lang=&edition=fundamental","pubTime":"2022-09-04 09:45","market":"us","language":"en","title":"Why Meta Platforms Stock Could Break To The Upside In October","url":"https://stock-news.laohu8.com/highlight/detail?id=1121703727","media":"Seeking Alpha","summary":"SummaryI am a big Meta bull, as I believe the company's stock is deeply undervalued as compared to c","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>I am a big Meta bull, as I believe the company&#39;s stock is deeply undervalued as compared to current fundamentals and future growth potential.</li><li>In this article I will provide investors with an important update regarding Mark Zuckerberg&#39;s Metaverse strategy: the launch of a new high-end VR console.</li><li>Cambria could be the upside catalyst which proves that Meta remains one of the world&#39;s leading tech companies, and that the investments in R&amp;D are not wasted.</li><li>Cambria’s key new technology features will be better display resolutions as well as eye and face tracking.</li><li>Investors who trade options might like to have a look at the 105/115%-Moneyness Call spreads with October 28 expiry. The trade offers a payout of 4:1.</li></ul><p><b>Thesis</b></p><p>I am a big Meta (NASDAQ:META) bull, as I believe the company&#39;s stock is deeply undervalued as compared to current fundamentals and future growth potential. But the market arguably disagrees. Ever since Mark Zuckerberg presented his vision for the &#39;Metaverse&#39; the company&#39;s stock has entered a vicious bear market. And META stock is down more than 55% from all-time highs.</p><p><img src=\"https://static.tigerbbs.com/880c87d19986febd99fda257e49f17e7\" tg-width=\"640\" tg-height=\"227\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Seeking Alpha</p><p>In my article Meta Platforms Stock: Exposing Senseless NarrativesI claimed the market is making a mistake, arguing against the TikTok narrative (1), the no-growth narrative (2), and the anti-metaverse narrative (3).</p><p>In this article I will provide investors with an important update regarding Mark Zuckerberg&#39;s Metaverse strategy - the launch of a new high-end VR console. This, in my opinion, could likely be the upside catalyst which proves to the market that Meta Platforms is one of the world&#39;s leading tech companies, and that the investments in R&amp;D are not wasted after all.</p><p><b>Excited About The Metaverse</b></p><p>Meta announced earnings for the June quarter 2022on 27 July and delivered numbers slightly below analyst consensus. However, the &#39;recessionary&#39; environment for digital advertisers has already been well noted after Snap&#39;s (SNAP) profit warning in May. Accordingly, I personally was much more focused on Zuckerberg’s qualitative comments during the analyst conference call.</p><p>One of the most interesting aspects of Meta&#39;s earnings call was related to Zuckerberg&#39;s comments regarding the Metaverse. He, like me, is still very excited about this opportunity, and it is good to see that he is pushing the vision forward, despite the market&#39;s negative sentiment regarding the Metaverse&#39;s economic potential. Zuckerberg said(emphasis added):</p><blockquote><i>I feel even more strongly now that developing these platforms will unlock hundreds of billions of dollars,</i><i><b>if not trillions</b></i><i>, over time.</i></blockquote><p>Arguably, one of the key reasons for Zuckerberg&#39;s optimism was connected to the awaited launch of &#39;Project Cambria&#39;, which has been scheduled to be released as early as Q3 2022. Zuckerberg commented:</p><blockquote><i>Later this year we&#39;ll release Project Cambria - and the experience here is getting pretty awesome.</i></blockquote><p><b>Upside Catalyst: Project Cambria</b></p><p>Project Cambria has been teased in 2021 and is thought to be the next evolution of Meta&#39;s popular Quest 2 headset. Arguably, Cambria’s key new technology features will be better display resolutions as well as eye and face tracking. Joe Rogan, who has enjoyed the opportunity to try the device, has been fascinated by the technology:</p><blockquote><i>It’s so interesting when you put it on ... I’ll just describe it to people: When you put it on there was an avatar in front of me and it was an alien woman. And the alien woman, when I moved my mouth, she moved her mouth. When I moved my eyes left and right, she’s tracking my eyes. When I make an angry face it makes an angry face. When you go &#39;ooh!&#39; ... it’s incredible.</i></blockquote><p>Joe Rogan also added:</p><blockquote><i>You know ... Oculus is awesome. It&#39;s very impressive. It&#39;s very cool.</i></blockquote><p>And there should be no doubt that when Joe Rogan says something, he really means it. Zuckerberg himself said:</p><blockquote><i>It&#39;ll be a high-end device focused on professional users and work, with high resolution color mixed reality … I think people are going to be pretty blown away by this.</i></blockquote><p>It is also expected that Meta&#39;s new virtual reality headset will allow for AR experiences, which would allow users to engage their real-world surroundings with the VR technology. This, in my opinion, would support a wide range of activities in the context of work, fitness and gaming. The Cambria headset is expected to bepriced at approximately $800.</p><p><b>Conclusion</b></p><p><b>Investor Implication</b></p><p>I continue to believe that META stock is deeply undervalued. And I continue to sustain the claim that the stock&#39;s fair implied price is somewhere around $280/share. But so far, the market has not agreed. This could change rapidly, in my opinion, once investors see more tangible results in connection to Zuckerberg&#39;s Metaverse strategy. Project Cambria could serve as a potential catalyst.</p><p>Personally, I am very excited for Meta&#39;s new VR/AR headset, and I believe the launch of this technology will underscore the company&#39;s leading position as a true tech company. Investor sentiment is poised to change accordingly.</p><p><b>Trade Recommendation</b></p><p>Investors who trade options might like to have a look at the 105/115%-Moneyness Call spreads with October 28 expiry. Based on the implied volatility of 42% as of September 2nd, the trade would give a payout of approximately 4:1, if META shares close above 115% moneyness at expiration (ref, ca. 190 strike).</p></body></html>","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 Meta Platforms Stock Could Break To The Upside In October</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; 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}\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 Meta Platforms Stock Could Break To The Upside In October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-04 09:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4538805-meta-platforms-stock-potential-upside-october?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A6><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryI am a big Meta bull, as I believe the company's stock is deeply undervalued as compared to current fundamentals and future growth potential.In this article I will provide investors with an ...</p>\n\n<a href=\"https://seekingalpha.com/article/4538805-meta-platforms-stock-potential-upside-october?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://seekingalpha.com/article/4538805-meta-platforms-stock-potential-upside-october?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121703727","content_text":"SummaryI am a big Meta bull, as I believe the company's stock is deeply undervalued as compared to current fundamentals and future growth potential.In this article I will provide investors with an important update regarding Mark Zuckerberg's Metaverse strategy: the launch of a new high-end VR console.Cambria could be the upside catalyst which proves that Meta remains one of the world's leading tech companies, and that the investments in R&D are not wasted.Cambria’s key new technology features will be better display resolutions as well as eye and face tracking.Investors who trade options might like to have a look at the 105/115%-Moneyness Call spreads with October 28 expiry. The trade offers a payout of 4:1.ThesisI am a big Meta (NASDAQ:META) bull, as I believe the company's stock is deeply undervalued as compared to current fundamentals and future growth potential. But the market arguably disagrees. Ever since Mark Zuckerberg presented his vision for the 'Metaverse' the company's stock has entered a vicious bear market. And META stock is down more than 55% from all-time highs.Seeking AlphaIn my article Meta Platforms Stock: Exposing Senseless NarrativesI claimed the market is making a mistake, arguing against the TikTok narrative (1), the no-growth narrative (2), and the anti-metaverse narrative (3).In this article I will provide investors with an important update regarding Mark Zuckerberg's Metaverse strategy - the launch of a new high-end VR console. This, in my opinion, could likely be the upside catalyst which proves to the market that Meta Platforms is one of the world's leading tech companies, and that the investments in R&D are not wasted after all.Excited About The MetaverseMeta announced earnings for the June quarter 2022on 27 July and delivered numbers slightly below analyst consensus. However, the 'recessionary' environment for digital advertisers has already been well noted after Snap's (SNAP) profit warning in May. Accordingly, I personally was much more focused on Zuckerberg’s qualitative comments during the analyst conference call.One of the most interesting aspects of Meta's earnings call was related to Zuckerberg's comments regarding the Metaverse. He, like me, is still very excited about this opportunity, and it is good to see that he is pushing the vision forward, despite the market's negative sentiment regarding the Metaverse's economic potential. Zuckerberg said(emphasis added):I feel even more strongly now that developing these platforms will unlock hundreds of billions of dollars,if not trillions, over time.Arguably, one of the key reasons for Zuckerberg's optimism was connected to the awaited launch of 'Project Cambria', which has been scheduled to be released as early as Q3 2022. Zuckerberg commented:Later this year we'll release Project Cambria - and the experience here is getting pretty awesome.Upside Catalyst: Project CambriaProject Cambria has been teased in 2021 and is thought to be the next evolution of Meta's popular Quest 2 headset. Arguably, Cambria’s key new technology features will be better display resolutions as well as eye and face tracking. Joe Rogan, who has enjoyed the opportunity to try the device, has been fascinated by the technology:It’s so interesting when you put it on ... I’ll just describe it to people: When you put it on there was an avatar in front of me and it was an alien woman. And the alien woman, when I moved my mouth, she moved her mouth. When I moved my eyes left and right, she’s tracking my eyes. When I make an angry face it makes an angry face. When you go 'ooh!' ... it’s incredible.Joe Rogan also added:You know ... Oculus is awesome. It's very impressive. It's very cool.And there should be no doubt that when Joe Rogan says something, he really means it. Zuckerberg himself said:It'll be a high-end device focused on professional users and work, with high resolution color mixed reality … I think people are going to be pretty blown away by this.It is also expected that Meta's new virtual reality headset will allow for AR experiences, which would allow users to engage their real-world surroundings with the VR technology. This, in my opinion, would support a wide range of activities in the context of work, fitness and gaming. The Cambria headset is expected to bepriced at approximately $800.ConclusionInvestor ImplicationI continue to believe that META stock is deeply undervalued. And I continue to sustain the claim that the stock's fair implied price is somewhere around $280/share. But so far, the market has not agreed. This could change rapidly, in my opinion, once investors see more tangible results in connection to Zuckerberg's Metaverse strategy. Project Cambria could serve as a potential catalyst.Personally, I am very excited for Meta's new VR/AR headset, and I believe the launch of this technology will underscore the company's leading position as a true tech company. Investor sentiment is poised to change accordingly.Trade RecommendationInvestors who trade options might like to have a look at the 105/115%-Moneyness Call spreads with October 28 expiry. Based on the implied volatility of 42% as of September 2nd, the trade would give a payout of approximately 4:1, if META shares close above 115% moneyness at expiration (ref, ca. 190 strike).","news_type":1,"symbols_score_info":{"META":0.9}},"isVote":1,"tweetType":1,"viewCount":2460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}