Saturday, 30 November 2019

Hexo Corp Stock rebounds from low price


HEXO Corp is a consumer packaged goods cannabis company that creates and distributes products to serve the global cannabis market. HEXO Corp is partnering with some Fortune 500 companies as it brings its brand value, cannabinoid isolation technology, licensed infrastructure and regulatory expertise to established companies. This leverages their distribution networks and capacity.

HEXO Corp is one of the largest licensed cannabis companies in Canada. The company operates with 2 million sq. ft of facilities in Ontario and Quebec. There is also a location in Greece to establish a Eurozone processing, production and distribution center.

The company was incorporated in 2013 under the name of The Hydropothecary Corporation. The company serves the needs of the Canadian medical cannabis market. With the creation of the legalized market in 2018, the company became HEXO Corp, for both recreational and medical markets.

The name is not to be confused with hex (noun) (evil spell or curse).


HEXO Corp stock has rebounded over 45% over the past week. The cannabis sector is experiencing a sort of recovery. HEXO Corp is listed as (TSX:HEXO) and (NYSE:HEXO). Over the past few months, the stock prices of many cannabis companies fell to new lows. HEXO price fell by as much as 72% from this year's peak. Over the past couple of weeks, the stock is doing well.

At its height, HEXO Corp had a valuation of $1 billion. After the changes in the stock price, it is currently valued at $785 million. In 2020, the company expects to have sales of $100 million. Next year, the company expects to go up to $250 million.

HEXO is not tied up with only one or two partners. It has much more. This could be the key to its future success.

Canada has some issues to deal with like the shortage of cannabis dispensaries.

Friday, 29 November 2019

Cronos Group Inc. Stock could fall even more


Cronos Group is an innovative global cannabis company. It was founded in 2013. Its international production and distribution is across 5 continents. The company helps advance cannabis research, technology and product development.

Cronos Group is building an impressive brand portfolio. The portfolio includes Peace Naturals (a global health and wellness platform). 2 adult-use brands are Cove and Spinach. 2 hemp-derived CBD brands are Lord Jones and Peace. Cronos Group owns and operates brands in the business of marijuana cultivation and distribution.

The company name sounds almost like (not to be confused with) Cronus (that's from Greek mythology). Cronus was the son of Uranus (Heaven) and Gaea (Earth), being the youngest of the 12 Titans. Later, Zeus was born.


It is possible that Cronos Group Stock could fall below its cash value. Cronos Group ended the 3rd quarter with $1.51 billion in cash, cash equivalents and marketable securities. However, the company has a market cap of less than $2.2 billion. Earlier this year, Cronos Group (NASDAQ:CRON) performed quite well. The popular Canadian grower more than doubled at one point during the 1st quarter. The biggest help was an announced equity investment from tobacco giant Altria Group (NYSE:MO). This deal closed in mid-March. It featured a $1.8 billion cash investment that gave Altria a 45% non-diluted stake in Cronos.

The promising partnership between Cronos and Altria was the main event. A serious cash increase came with this investment. Cronos ended 2018 with only less than $25 million in cash and cash equivalents on its balance sheet. Altria helped a lot with Cronos cash concerns. Cronos is now able to create long-term growth strategies.

Cronos can use large amounts of cash to buy out other companies. For example, Cronos announced that it would buy Redwood Holdings (the company behind the cannabidiol (CBD) based beauty line Lord Jones) in early August. The price was $300 million.

Altria is diversifying beyond USA tobacco. Adult cigarette smoking rates in USA are now at an all-time low. By investing in Cronos, Altria creates more revenue opportunities. Altria seems to know what USA smokers want. Derivative pot products, such as vapes, will begin to be in Canadian dispensaries by the middle of December.

This situation could be perfect for the success of Cronos Group. The cash account is huge, but many challenges are ahead. Cronos Group has been one of the worst-performing cannabis stocks since the end of March. Its shares are down 66% in that time frame. The market cap is shrinking. It is even possible that Cronos Group market cap could go below its end-of-quarter cash balance.

There are issues with the supply of legal pot products in Canada. Regulatory agency Health Canada has been unable to approve growing/sales licenses quickly. They are overwhelmed with applications. All consumer demand has not been met in Canada. Certain provinces are slow with the roll out of physical dispensaries. Ontario has just 2 dozen locations open that legally sell cannabis. Hopefully Canada will quickly resolve its supply issues.

Thursday, 28 November 2019

10,000s of people evacuating after chemical plant explosions in Texas


This is a Youtube video of the massive explosion in a chemical plant in Port Neches on Nov. 27, 2019. People said they could feel it even 40 miles away. They could hear it from many miles away. 10,000s of people are evacuating the radius of a few miles near the plant.

A fire burned on Thursday and a smoke cloud covered the area. More explosions followed throughout the day. The blasts shattered some windows and destroyed some roofs.

The plant makes products for chemical and petroleum companies.

The fire is burning a chemical called butadiene (a colorless gas with a gasoline-like smell).
Butadiene is made from processing petroleum and is used to make synthetic rubber and plastics.

The fire was still burning 24 hours after the first explosion.

Aphria Inc. Stock seems to be sinking


Aphria Inc. is a Canadian cannabis company. It is listed on the TSE (Toronto Stock Exchange) and the NYSE (New York Stock Exchange). It has a market capitalization of about $3 billion. The company was founded in 2014.

In 2017, Aphria announced a USA expansion strategy. Investors had concerns that Aphria might be delisted from the Toronto Stock Exchange or face other sanctions. This is because of the uncertain legal status of cannabis in the USA.


Aphria Inc. (APHA) shares lost about 13% in the past month. In the same time, the Medical sector gained about 8% and the S&P 500 gained about 3.9%. Investors of APHA are hoping for a strong next earnings release. 

The price-earnings ratio, also known as P/E ratio is the ratio of a company's share price to the company's earnings per share. The ratio is used for valuing companies. You could find out whether they are overvalued or undervalued.
In terms of valuation, APHA is currently trading at a Forward P/E ratio of 73.55. Its industry sports an average Forward P/E of 26.27. It is easy to conclude that APHA is trading at a premium comparatively.
2020 will probably be a good year for Aphria. Recently the stock is low, but that could just mean that it is a good purchase heading into next year. Aphria has struggled over the past few years to generate strong returns for investors. In 2 years, the stock has fallen by about 25%.
The good thing is, Aphria is increasing its production space. It is doubling its capacity. Earlier this month, Aphria obtained a cultivation licence for Aphria Diamond. This is a subsidiary that Aphria owns 51% of. The remainder being owned by Double Diamond. The greenhouse has production space that totals 1,300,000 square feet and can grow 140,000 kg of cannabis per year. This will bring Aphria's total production space to 2,400,000 square feet. Its annual cannabis production will now be able to reach 255,000kg.
The location has "industry-scale automation technology." The technology can handle many tasks including transporting plants, trimming and waste disposal. This is a good way to decrease the costs and add to margins.

Aurora Cannabis Inc. Stock Continues to Face Short-Term Challenges


Aurora Cannabis Inc. is a Canadian licensed cannabis producer. It is headquartered in Edmonton. It trades on the TSE (Toronto Stock Exchange) as ACB. 

As of 2018, Aurora Cannabis had 8 licensed production facilities, 5 sales licences, and operations in 24 countries. It had a funded capacity of over 625,000 kilograms of cannabis production per year. The bulk of this capacity is based in Canada. The company has a growing presence in international markets, especially Denmark and Latin America. This is the 2nd largest cannabis company in the world by market capitalization, after Canopy Growth Corporation. The company started trading on the NYSE on Oct. 23, 2018 using the ticker ACB.


Aurora Cannabis (ACB) stock did not get a good latest earnings report. This was when it announced a 24% decrease in net revenue, which included a 33% decrease in Canadian recreational pot sales. Share price could not increase, even though the company has a cost per gram of under C$1.00 and market-leading gross margins.

Because of these events, the company announced it would stop construction at 2 facilities. This will save it approximately C$190 million. Aurora Cannabis also took steps to decrease the amount of its convertible debentures coming due in 2020.

Right now the stock price is pretty much at the lowest point of the past 2 years. The company continues to face short-term challenges. However, it's still a strong positioned Canadian Cannabis Company. It is likely to benefit from the long-term cannabis trend that is still in the early stages of growth.

The increase of retail cannabis stores in Canada is significant. The approval rate is slow of licenses for these cannabis stores in Canada. The number of stores is increasing. How quickly these stores are approved and opened will have an effect on Aurora's revenues.

There is a new marijuana product that will be allowed to be sold in Canada in December: derivatives. What are marijuana derivatives? They are extracts from the Cannabis sativa plant, usually in the form of an oil. Derivatives can be natural or synthetic (man-made). Derivatives will provide Aurora with the opportunity to expand its portfolio of brands. It could have new higher price products that have wider margins and stronger earnings. It is not clear how quickly the company can roll out these new products. 

There are reasons to stay optimistic for Aurora Cannabis Stock. The increase in cannabis stores and new product lines should improve performance of Aurora in 2020. Aurora has enough production capacity to meet growing demand.

Sunday, 24 November 2019

World's Dangerous Workers - Construction Excavator and Heavy Equipment


Be careful when one machine pulls the other. Working on hills and mountains is dangerous. Machine leaning off a bridge is weird. Some of these interesting machines have wheels on legs that can kind of walk over obstacles. Be careful of the strong river currents. It's amazing how close to the cliff edge they can work.

Saturday, 23 November 2019

Funny: Sports Jump


This guy jumped very far. I can't believe how far he flew. There was a problem with the spring mechanism. He crashed into the tables, but seems OK. Good luck on the next jumps.

Friday, 22 November 2019

Funny: Best Robot Fails Compilation


These robots are amazing. I'm sure they were designed to truly help people. Fails happen. Dog robot uses arm on its back to get up after fall - nice! Humanoid robots fall. It is hard to design them to keep their balance. Don't try to get robots to feed you - big fails.

Funny: Bad Day at Work Video


Ever felt frustrated while using the keyboard? I think some programs froze up on this office worker. This looks like somebody's real work shift. He trashed his computer. He gets points for not taking out his anger on people.

Funny: World's Funniest Engineering Fails


I wonder who approved these blueprints. See world's funniest & most extreme building & engineering fails ever! Concrete on the railroad tracks - insane. Stairs that lead nowhere. Window fails and turns into a wall. Watch your head for places that leave no headroom. A balcony with no door is unbelievable. ATM is so low that you have to crouch down to use it. A tree can go through a house. Bridge fails to have parallel parts. Something is in the way of the fan. Don't block the bike lane. The smallest sink is frustrating.

Funny: Best Bike Fails


Many interesting bike fails here. I know these people tried hard to stay on their bikes. The crashes are unfortunate. Don't give up and try again. It's amazing the risk riders take to pull off a cool stunt. Some always get up and try again until they accomplish their goal. Much respect and thanks for the entertainment.

Thursday, 21 November 2019

Funny: Animals Scaring People Reactions of 2019 Weekly Compilation


These funny animals are amazing. I can't believe that even birds attack. Large elephant push was massive - what a large animal. The baby elephants won't do much damage. Horse kicking around - looks dangerous. Humans could have been trampled.

5G is the next generation of mobile broadband that augments your connection



5G is the 5th generation of cellular network technology. The industry association 3GPP defines any system using "5G NR" software as, "5G", a definition that came into general use by late 2018. Others may reserve the term for systems that meet the requirements of the ITU IMT-2020.

5G is the next generation of mobile broadband. This will eventually replace, or at least augment your 4G LTE connection. You can sure get faster download and upload speeds with 5G. Latency (the time it takes devices to communicate with each other's wireless networks) will decrease.

The value of 5G comes from its ability to use a much wider spectrum at higher frequencies. Although, as these frequencies heighten, the ability to penetrate material (like through walls) decreases. Current 4G technology mostly operates on the 700 MHz band of the spectrum.

5G is what carriers are currently building as the next generation after 4G LTE. Whatever comes after 5G will likely be called 6G. So far, 6G exists mostly as a theoretical concept.

5G will improve your network connection dramatically. You will not have to deal with disruptions when sharing videos from crowded places. High-quality videos on your newsfeed will not cause frustration from all the buffering. You will get a faster, more stable and more secure connection. New services could come with this. You will enjoy better performance than ever before.


Sunday, 17 November 2019

Canopy Growth Corp Stock Will Probably Continue to Decline



Canopy Growth Corporation was formerly Tweed Marijuana Inc. This is a cannabis company based in Smiths Falls, Ontario.

The stock of Canopy Growth (NYSE: CGC) fell about 14% on Thursday after the Canadian marijuana company reported another quarter of large losses. Over-speculation happened because many people tried to get in on the growing marijuana industry. Large losses came with the company trying to build production of scale and increasing sales. Shares have fallen about 65% over the past 6 months.

Much of the rise in Canopy's stock came because of billions of dollars invested by Constellation Brands (NYSE: STZ) (an international producer and marketer of alcohol). The investment signaled to markets that Canopy was the better investment. This lead to large increases in revenue and shares went a lot higher.

The risk of the stock falling was always there. Earning losses happened in the fiscal 2nd quarter and 1st fiscal quarter. Canopy's cash on hand is down to about CA$1.1 billion compared to CA$2.48 billion a year ago. At the end of Dec. 2018, it had CA$4.92 billion on hand. After that, about 77% of its investment capital disappeared.

Probably the biggest loser in this case is Constellation Brands. Although, it is still a benefit to have a large stake in a company creating large revenue growth in a new industry. There are probably a lot of potential consumers of the future cannabis-infused beverages.
It is hard to say if Canopy's decline is totally finished. It is possible that Canopy Growth doesn't understand the future of the market very well.

Thursday, 14 November 2019

Vodafone Idea and Airtel post $10.3 billion in combined quarterly losses


Vodafone Idea and Airtel are Indian telecommunications companies. They posted $10.3 billion in combined quarterly losses. These are 2 of the top 3 telecom operators in India. Vodafone Idea in India's 2nd largest telecom operator by subscriber count. Its consolidated loss had become $7.14 billion in the quarter that ended in September. This was the largest quarterly loss ever seen in the nation on Thursday.

A similar situation happened with India's 3rd largest telecom operator. Bharti Airtel posted a consolidated net loss of $3.23 billion. 

The U.K.-headquartered Vodafone owns 45% of Vodafone Idea. Recently, those executives have said that the group's telecom business in India could collapse if the government does not provide any relief.

Bharti Airtel is also hopes that the government will help out.



Entegris stock has much growth in the last few years


Entegris is a provider of products and systems that purify, protect, and transport critical materials used in the semiconductor device fabrication process.
Entegris has about 3,500 employees in manufacturing, service center and research facilities in the USA, Malaysia, Singapore, Taiwan, China, Korea, Japan, Israel, Ireland, Germany and France.
The company seeks to help manufacturers increase their yields by improving contamination control in several key processes. These include photolithography, wet etching & cleaning, chemical-mechanical planarization, thin-film deposition, bulk chemical processing, wafer and reticle handling and shipping, and testing, assembly and packaging. About 80% of the Company's products are used in the semiconductor industry.
Entegris is tied to the cyclical nature of the industry. The need is increasing for more powerful and efficient semiconductors. There is also growth for Internet of Things (the interconnection via the Internet of computing devices embedded in everyday objects, enabling them to send and receive data). These increasing needs are benefiting Entegris' products, which help advanced manufacturing processes.
The semiconductor industry had problems in 2019, partly because of declining smartphone sales and the fallout of the trade war on manufacturing in Asia.
Entegris revenue decreased 1% in its recent 3rd quarter. However, there are some positive things happening about this company. There are some indications that the semiconductor industry is going to improve. There have been some increased sales in brands of consumer electronics.
The earnings growth in the last few years of Entegris is attractive for investors. This stock showed a surging profit. Double-digit earnings growth is highly preferable. The historical EPS (earnings per share) growth rate for Entegris is 27.3%. There is expectations of some projected growth. The company's EPS is expected to grow 2.1% this year, crushing the industry average, which calls for EPS growth of -34.9%.
Entegris has an Sales/Total Assets ratio of 0.66, which means that the company gets $0.66 in sales for each dollar in assets. The industry average of 0.59. This means Entegris is more efficient than average. Entegris is a good performer and a good choice for growth investors.

Tuesday, 12 November 2019

Spain's King starts important trip to Cuba


Spain’s King Felipe will start off the first ever state visit by a Spanish monarch to Cuba on Tuesday. He will lay flowers at the monument in Havana to Jose Marti. The monument is a symbol of the former colony’s struggle for independence.

Felipe and his wife, Queen Letizia, arrived on Monday for a 3 day stay in Cuba. Spain and Cuba have harmonious international relations. Felipe will hold talks in the Palace of the Revolution on Tuesday morning.

The royal visit is just in time to join the celebrations of the 500th anniversary of the founding of the Cuban capital. Havana used to be one of the most important cities in the Spanish empire, providing an important port for the useful fleet. Cuba welcomes the Spanish royals.

Spain is currently Cuba’s 3rd largest trading partner and one of its top investors.
 


Greater economic growth is likely ahead for Germany



Germany has the largest national economy in Europe and is the 4th largest by nominal GDP in the world. According to the IMF, in 2017 Germany accounted for 28% of the euro area economy. Germany is a founding member of the European Union and the Eurozone.

The top 10 exports of Germany are: vehicles, machinery, chemical goods, electronic products, electrical equipment, pharmaceuticals, transport equipment, basic metals, food products, and rubber and plastics.

The economy of Germany is the largest manufacturing economy in Europe. It is less likely to be affected by the financial downturn.

Germany’s economy has been through some downturns recently. But, many investors think the worst of it is over.

The ZEW Indicator of Economic Sentiment is a simple sentiment indicator created out of the monthly ZEW Financial Market Survey. The ZEW Financial Market Survey is an aggregation of the sentiments of approximately 350 economists and analysts on the economic future of Germany in the medium-term.

The ZEW sentiment index rose this month. This indicates that the sadness surrounding growth prospects has eased a bit after the gauge plunged to a near 8-year low over the summer.

The European Central Bank eased monetary policy in September to support the euro zone. It is also urging governments to step up fiscal spending to revive growth.

Germany's government believes right now the country is in a stable economic situation.


Pemex experiencing problems after cyber attack shut system


Pemex (mostly used name) is Petróleos Mexicanos. This translates to Mexican Petroleum. It is the Mexican state-owned petroleum company. It was created in 1938 by nationalization or expropriation of all private, foreign and domestic oil companies at that time.

Pemex had total assets worth $415.75 billion (in December 2005). The majority of its shares are not listed publicly and are under control of the Mexican government, with the value of its publicly listed shares totaling $202 billion in 2010, representing approximately one quarter of the company's total net worth.

Ransomware is a type of malicious software designed to block access to a computer system or computer files until a sum of money is paid. Most ransomware variants encrypt the files on the affected computer, making them inaccessible, and demand a ransom payment to restore access.

A ransomware attack hit Pemex. It is disrupting the company's billing systems. Some people have said that Pemex is relying on manual billing temporarily. This could slow its operations. Some have said that some employees couldn't access email or the internet. The computers were slowed down.

Pemex says that gasoline supply is guaranteed. The cyber attacks happened on Nov. 10. They affected less than 5% of personal computing devices.

Pemex’s ransomware attack involves systems being frozen by hackers until a ransom is paid. Unfortunately, these kinds of attacks have happened to several other companies in the past.


Saturday, 9 November 2019

Lyft Stock is not increasing much


It appears that it is not a good idea to buy Lyft stock. Not yet, anyway. Lyft (NASDAQ:LYFT) stock continues to plateau. Investors are trying to think how they are going to profit from this stock. The stock price has remained in the low $40s for the last two months. The stock price has not changed much even after the company’s 3rd quarter results beat expectations.

A strong stock would look different. It could have a flying plateau. That is a pattern that forms after a stock has made a strong move up. Strong stocks will consolidate gains sometimes in a flat, sideways pattern in a tight range instead of selling back. Picture a 45 degree rise and then a move sideways for several sessions. Strong stocks tend to rest in these patterns, and then start another leg up.

Many people expect Lyft stock to post losses in the near future. It is possible that advances in technology could change the stock’s performance. The invention of self-driving cars could lead this company to greater success. Lyft continues to test self-driving cars. Lyft runs the largest public self-driving commercial program in the USA. It employs 400 engineers who are testing these cars. They have completed over 75,000 rides in them.

Both Lyft stock and Uber stock trade below their IPO prices. These big ridesharing companies are putting in an effort to improve their situations.




Friday, 8 November 2019

Canada’s economic expansion is successful


Canada is a highly developed market economy. It is the 10th largest GDP (by nominal) in the world. The country's economy is dominated by the service industry which employs about three quarters of Canadians. Canada has the 4th highest total estimated value of natural resources. Canada is one of the world's top 10 trading nations, with a highly globalized economy. The Toronto Stock Exchange is the 9th largest stock exchange in the world by market capitalization.

In 2018, Canadian trade in goods and services reached CA$1.5 trillion. Canada's exports totalled over CA$585 billion, while its imported goods were worth over CA$607 billion, of which approximately CA$391 billion originated from the United States, CA$216 billion from non-U.S. sources.

Canada’s economic expansion has been strong over the past two years. Growth in 2018 was 2% (preliminary estimate was 1.9%), Statistics Canada said Thursday.

The numbers suggest the economy may have been stronger than previously thought, potentially validating the Bank of Canada’s decision to continue raising interest rates at the time and its decision more recently to hold off on matching cuts to borrowing costs made by other major central banks including the Federal Reserve.

Not everything is going well for Canada, though. Business investment is well below initially estimated levels.


China's mainland stock market has been performing bounteously


China's economic growth has slowed to the slowest pace in nearly 3 decades this year. This is a result of a shift to a new economy and a intensive trade war with the USA. There is also continued unrest in Hong Kong.

However, China's mainland stock market has outpaced the others in the world. The mainland stock market is made up of mainly domestic-oriented companies. The stock market is having a very good year. It has even been the best performing major stock index in the world.

Buying stocks directly in a foreign market like India or China is possible, but it may be harder than purchasing domestic shares. Investors can purchase American Depositary Receipts on U.S. exchanges, which are certificates that represent shares in a foreign company. China A-shares are now open to foreign investors.

China has A shares and B shares.

A shares, also known as domestic shares, are shares that are in Renminbi and traded in the Shanghai and Shenzhen stock exchanges, as well as the National Equities Exchange and Quotations.

B shares (officially Domestically Listed Foreign Investment Shares) on the Shanghai and Shenzhen stock exchanges refers to those that are traded in foreign currencies.

China's onshore stocks, called A shares, have delivered more than 37% total return for investors this year, based on the FTSE A share 200 index.

Some interesting figures:
  • China's benchmark Shanghai Composite Index has risen 19% year to date
  • Japan's Nikkei has gained 18%
  • MSCI's index of Asian shares, excluding Japan, has risen 13%
  • Hong Kong's Hang Seng is up 8%
  • The S&P 500 has gained 23%
China's A shares received a big boost from the country's deregulation and market liberalization initiatives, the Chinese government's stimulus measures and particularly from increased weighting in MSCI's emerging markets index.

China has the second-largest stock market in the world. This market is growing fast. However, mainland Chinese stocks are still owned only by few outside China.

China's A shares may improve even more. Inclusion in MSCI's emerging markets index has been a major driver of inflows and more stocks are set to be added. MSCI wants to increase the A shares' weight in the EM index. MSCI inclusion is seen as a stamp of approval from the investment community that equities are safe.



Thursday, 7 November 2019

Tesla Stock: an interesting investment opportunity


The price of Tesla stock has increased significantly since its IPO on June 29, 2010. On that date, Tesla Motors Incorporated launched its IPO on the Nasdaq exchange. It offered 13.3 million shares at a price of $17 per share. This raised a total of $226.1 million.

Tesla, Inc. is an USA automotive and energy company based in Palo Alto, California. The company specializes in electric car manufacturing. Tesla, through its SolarCity subsidiary, also specializes in solar panel manufacturing.

Bears are investors who believe that a stock is headed downward and attempt to profit from a decline in the stock price. They are typically pessimistic about the state of a given market. Tesla Stock was a bear zone for many years. Bulls had periods of small wins.

In the last five years, there have been controversial issues about production and supply chain. For example, Tesla stock was higher in the 4th quarter of 2018, even though the broader markets decreased. The Tesla company posted 2 consecutive profitable quarters last year.

Tesla reported a surprising profit in the third quarter. After this, the stock has rallied sharply. After a strong October, the stock is likely to be strong in November.

Tesla numbers are strong right now. Some bears might give up. The company should benefit from higher USA demand. New pricing should help it improve its Model 3 average selling prices.

Investors should be careful. Ford and General Motors sell more vehicles than Tesla and are sustainably profitable. Tesla has only posted a net profit in five quarters.

Wednesday, 6 November 2019

Uber stock hits record low: 37% from IPO price


Uber shares fell to an all-time low on Wednesday. This is as the stock lock-up period ends. The lock-up period is 180 days after the company's IPO. This means that everybody is free to sell shares. This is happening after Uber released its 3rd quarter earnings report on Monday. The company continues to report big losses.

A lock-up period, also known as a lock in, lock out, or locked up period, is a predetermined amount of time following an initial public offering where large shareholders, such as company executives and investors representing considerable ownership, are restricted from selling their shares.

Uber shares hit a low of $27.97 on Tuesday. On Wednesday, they hit a low of $25.58. The IPO price of this stock was $45.

The future likely will have lots more selling of shares. Uber stock future looks dark. Uber is struggling to create confident investors. The history of losses is troubling. It is unclear if Uber Eats can be profitable. The company has had significant layoffs since its IPO.

Uber workers aren't guaranteed the same rights as employees, such as a minimum wage, overtime, workers' compensation, unemployment insurance, paid sick leave or on-the-job expenses. Protesters are asking for their jobs to improve.



Courier Services to ship goods from Philippines to Canada



Choose the courier company that fits your needs. All international shipping courier services in Philippines have online tracking service and rate calculator. Here is a list of some companies:

2Go Express

2GO Express is the only retail partner of FedEx in the Philipines.

DHL

Get tracking service and rate calculator. Good customer service. Get an online quote. Enter package information (size, weight, etc.) and you can find out how much to pay for the international shipping.

FedEx

FedEx, just like DHL, allows you to get shipping rates from Philippines to Canada or anywhere. You have to login to the site.

JRS Express

JRS is one of the well-known local courier companies in the Philippines. When you use the rate calculator to find out the shipping rate, use grams instead of kilograms, which is the common weight by courier services in the Philippines.

UPS

Good for sending documents within Canada. It has a little bit of a higher rate than Canada Post. In the Philippines, UPS is probably less known compared to other courier services. UPS also has ways for you to calculate time and cost. UPS has many drop-off locations such as the authorised shipping outlet and UPS Alliance locations. There is probably an outlet near you.

Xend

For people into online business, Xend is a nice courier service, especially for domestic shipping. Drop-off locations are more accessible in 7/11 and 2GO branches. The rates are based on the shipment’s destination. This is regardless of the pick-up location. The international shipping is sent through UPS, Singapore Post, or Philpost.

Conclusions

Before you send your packages, check the rates on the appropriate web sites. Having many different choices can help you save money. If you are not in a hurry, choose the standard shipping rate. Get free insurance if there is such thing. Paid insurance options exist.

Saturday, 2 November 2019

Google buys Fitbit for $2.1B

Google LLC is a multinational technology company that specializes in Internet-related services and products. These include online advertising technologies, search engine, cloud computing, software, and hardware. It is considered one of the Big Four technology companies. Others are Amazon, Apple, and Facebook.

Fitbit, Inc. is an USA company headquartered in San Francisco, California. The products are activity trackers, wireless-enabled wearable technology devices that measure data such as the number of steps walked, heart rate, quality of sleep, steps climbed, and other personal metrics involved in fitness. The use of this wearable technology helps people lose fat and gain muscle.

The deal is pending regulatory approval.

Fitbit shares gained more than 40% since it was first reported that Alphabet made an offer for the fitness tracker.

Alphabet Inc. is a multinational conglomerate. It was created through a corporate restructuring of Google. It became the parent company of Google.

Fitbit is being acquired by Google's parent company for about $2.1 billion US. This deal allows the internet company to step back into the competitive market for smartwatches and health and fitness trackers.

Google did not have much presence in the wearables market. This deal could give more opportunity to compete with the Apple Watch.

Fitbit has 28 million active users worldwide and has sold more than 100 million devices.


The stock below looks like it is really has great growth throughout the years. Will it continue growing like this? Probably.