Account Info
Log Out
Log in to access Online Inquiry
Back to the Top

102251306 Male ID: 102251306
No profile added yet
    102251306 commented on
    $DBS Group Holdings(D05.SG)$ Wow. 7.5% annual dividend. Power
    $DBS Group Holdings(D05.SG)$
    What's the point of the bonus shares except to drop the price just by 10℅? If management think share price too high just do a stock split, more effective.
    $HP Inc(HPQ.US)$ Why HPQ declare dividend just before earnings on the 23 Nov? Very weird, dividends are usually declared during the earnings report...something going on???
    102251306 commented on
    102251306 commented on
    According to a filing with the U.S. Securities and Exchange Commission, Chipmaker GlobalFoundries is marketing 33 million shares while Abu Dhabi’s Mubadala Investment Co., its major shareholder, plans to sell 22 million shares.
    Mubadala currently owns 100% of the company and “continue to have substantial control after this offering.”
    GlobalFoundries plans to list on the Nasdaq under the symbol GFS. It plans to raise as much as $2.6 billion in a U.S. initial public offering. At the top of that range,it would have a market value of $25 billionbased on the outstanding shares listed in its filing.
    The offering is being led by Morgan Stanley, Bank of America, JPMorgan Chase, Citigroup and Credit Suisse.
    Business Overview
    $GlobalFoundries(GFS.US)$is one of the world’s leading semiconductor foundries. The company was created by purchasing the manufacturing operations of Advanced Micro Devices Inc. in 2009 and later combining it with Singapore’s Chartered Semiconductor.
    According to Gartner,in 2020, the company was the third largest foundry in the world based on external sales.
    GlobalFoundries previously gave up on the kind of leading-edge production that would match the capabilities of Taiwan Semiconductor or Samsung.Instead,it's serving the market for less advanced chips, which are increasingly critical to carmakers and other industries.
    GlobalFoundries has over50ecosystem partners spanning IP, electronic design automation, outsourced assembly and test and design services. Building on an existing library of more than4,000IP titles, it currently has more than950IP titles in active development across26process nodes and34IP partners.
    The company has built deep strategic partnerships witha broad base of more than 200 customers as of December 31, 2020, many of whom are the global leaders in their field.
    In the first six months of 2021, the top ten customers, based on wafer shipment volume, included Qualcomm, MediaTek, NXP Semiconductors, Qorvo, Cirrus Logic, Advanced Micro Devices (“AMD”), Skyworks Solutions, Murata Manufacturing, Samsung Electronics and Broadcom.
    The company attracted a large share of single-sourced products and long-term supply agreements. As of the date of the company's prospectus,the aggregate lifetime revenue commitment reflected by these agreements amounted to more than $19.5 billion.
    A key measure of GlobalFoundries's position as a strategic partner to the customers is the mix of wafer shipment volume attributable to single-sourced business (Single-sourced products are defined as those that can only be manufactured with GlobalFoundries's technology and cannot be manufactured elsewhere without significant customer redesigns).It represented approximately61% of wafer shipment volume in 2020, up from 47% in 2018.
    Financial Performance
    Revenue at GlobalFoundries dropped last year by 17% to $4.85 billion. GlobalFoundries said the reason is that it divested a business that brought in $391 million in 2019, and more broadly the company shifted contractual terms with most of its customers, changing how and when it recognizes revenue.
    In the first half of 2021, revenue climbed by 13% from a year earlier to just over $3 billion.
    Click to view the prospectus
    IPO-pedia | Chipmaker giant GlobalFoundries seeks $25 bln in IPO
    IPO-pedia | Chipmaker giant GlobalFoundries seeks $25 bln in IPO
    IPO-pedia | Chipmaker giant GlobalFoundries seeks $25 bln in IPO
    $Mapletree Ind Tr(ME8U.SG)$ Intend to sell after coming dividend. US 10 year already near 2% compared to ME8U ~4.5%...not exactly attractive. Better to sell far out of money options in S&P blue chip stocks.
    $OCBC Bank(O39.SG)$ gyrating between 12-11.4, if good coming earnings shd move to (12-11.4) + 12 = 12.60 target!
    102251306 reacted to
    For beginners, placing an order sometimes can be a difficult task.
    In this video, we will guide you on how to place a market/limit order. 
    Follow us for more tutorials. 
    For more guides, please refer to moomoo courses at 
    Have fun with your financial journey on moomoo!
      $AMC Entertainment(AMC.US)$   $Tesla(TSLA.US)$   $S&P 500 Index(.SPX.US)$   $SPDR S&P 500 ETF(SPY.US)$   $Nasdaq Composite Index(.IXIC.US)$
    [Video Tutorial] How to place an order on moomoo?
    $OCBC Bank(O39.SG)$ any big exposuee to China property? Price weakness because of this issue?
    $Mapletree Ind Tr(ME8U.SG)$ any info on debt situation following US purchase?