Member Info for jpsherwin

Trump vows to ban Chinese-owned TikTok from the US http://news.sky.com/story/trump-vows-to-ban-chinese-owned-tiktok-from-the-us-12040260

Valuations have been put out there at above $50 Billion and the main man thinks it's worth more. Have a scroll through some of the posts.

Someone put up a link earlier ref the +$50 Billion valuation

and you Share.

that's the spirit ........ :-)

R35
Whilst your comments are the fundamentals of any share you invest in, any investment has it's risks, though it's down to the individual to decide what risk exposure they're willing to accept.

Me personally, I like to think at my age I can make those decisions, it's stood me well thus far in life.

Not a criticism of you and no ill intent from me but to suggest people are naive is a little harsh.

Anyway, have a good weekend, Monday is the start of another week.

ATB

Agreed though you would think with the investment they have, albeit through a fund this would have gained momentum!

The very mention of tiktok, it's valuation, media speculation etc. who knows, stranger things have happened.

I'm in for a bob or two, let's see how it plays out. Not sure I have ever seen a spread like this mind.... Makes it even more intriguing.

And this :-)

"ByteDance was valued at as much as $140 billion earlier this year when one of its shareholders, Cheetah Mobile Inc (CMCM.N), sold a small stake in a private deal, one of the sources said".

"If a deal for the whole of TikTok cannot be reached, ByteDance is exploring divesting only TikTok’s U.S. operations, one of the sources said. It is not clear what such a deal would be worth and what ties TikTok in the United States would maintain with its global operations".

The bit I like
"It is unclear whether ByteDance’s founder and CEO, Yiming Zhang, will be satisfied with the offer. ByteDance executives recently discussed valuation projections for TikTok that exceed $50 billion, one of the sources said".

ByteDance through the Homaer Fund - During the year under review, the Group invested US$1 million in the Homaer Fund, the sole investment of which is an equity interest in ByteDance. Headquartered in Beijing, China, ByteDance is a technology group operating machine learning-enabled content platforms across cultures and geographies. It has a portfolio of mobile applications that is available in over 150 markets and 75 languages and that includes Toutiao, Helo, TikTok, Douyin, News Republic, Vigo Video, Huoshan, Xigua Video, TopBuzz, BuzzVideo and FaceU. Launched in 2016, Douyin, a video-sharing social platform, is generally regarded as the most popular mobile applications of ByteDance and has an international version known as TikTok. Downloaded 738 million times in 2019 raising the total number of downloads to over 1.5 billion, TikTok was the seventh-most downloaded mobile applications of the 2010s. As of July 2019, Bytedance had daily active users exceeding 700 million and monthly active users of more than 1.5 billion around the world.

Who knows, GLA

Proactive Investors

Any source Taff?

Now that all depends if you're comfortable with:
1. the research you've done
2. can afford to lose what you've invested (or possibly make money, which is what we all want)
3. have faith in the company you're investing in based on said research and their business model
4. have emailed the CEO who's email address has been provided on here several times to dispel any fears one might have.

I absolutely get the hot topic right now is who is the seller, but for every seller, there is a buyer.

Don't get me wrong, I have learned the hard way on more than one occasion, but thus far I am content with my investment here, I may have called it wrong who knows, nevertheless I am willing to give the company a chance, and as I have pointed out in my earlier posts, Sept should be very telling and if not I will rethink my position.

ATB Leer

27-Jul-20 16:43:38 0.069 260,000,000 Buy* 0.06 0.065 179.63k O
27-Jul-20 16:42:41 0.06481 310,000,000 Buy* 0.06 0.065 200.91k

01st Self-funding expected in Q3 (2 important banks), 1 in place by September
Open funding - 16 yes 16 interested investors (target date - Sept)
97 Companies right now awaiting funding of which SYME receive 2% upfront charge
Strom Harbour on track so it seems
UK opportunities - Important financial institution
1 month to onboard a new company
272 New clients (companies) - 310 by 2024
Revenue - 2% charged (1% is profit) average ticket is roughly 40 Million Euros

positive start to the day and may it continue

No worries at all. Here's to a blue day L&G's

The tables below show growth in origination from December 2019 to June 2020 together with a breakdown of the sectors in which the client companies operate.

Value (Euro)

Dec 19

31.3.20

30.6.20

Gross origination

972m

1.22bn

1.43bn

Number of client companies

66

82

97

apologies should read " not just for the short term"

from the interview:

16 (tbv) companies they're currently in talks with, strategic partners long term not in the short term.

Update the market soon, let's hope this happens this week.