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Global car rental leader Hertz IPO: Is it worth $14 billion?
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A small talk on Hertz

$Hertz Global(HTZ.US)$, one of the largest worldwide vehicle rental companies by sales, locations, and fleet size, has manage to emerged from bankruptcy earlier this year (2021), and will be offering an uplisting, to raise USD 1.3 billion at USD 29 per share.

$Hertz Global(HTZ.US)$ operates in over 100 countries, including U.K., Australia and Latin America, and in 2021, it has placed an order for more than 50,000 Tesla's Model 3 sedans, to be available for rent in the U.S. and some parts of Europe.

It's operating income & net income currently is in the negative zone due to the sharp decline in revenue & bookings caused by the covid pandemic.

However, as more countries start to have higher vaccination rate and the introduction of covid medicine such as the covid pills from $Merck & Co(MRK.US)$ and $Pfizer(PFE.US)$ to treat covid, it is expected that revenue and bookings will return to its pre-covid level.

Before we end this small talk, please vote if you will be participate in this 'Re-IPO'.
That's all for today and thank you for your support.
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