And debt ratio
Debt Management and Debt Help
2008.06.12 16:27 Debt Management and Debt Help
This subreddit is a place to discuss debt-related issues, debt management, collections, and more.
2010.03.10 18:29 moronometer Debt Free
A community for people working towards being debt free.
2021.01.29 23:26 ivanbayoukhi Wall Street Silver
Home of the #SilverSqueeze. We love silver, every Troy ounce. No💎-hands without extreme pressure.
2024.06.11 15:43 PixelMuseAI Thoughts on This Analysis? ($GRAB)
I'm a noobie investor. I have read The Intelligent Investor, One Up on Wallstreet, Security Analysis (Though I didn't comprehend much, very complex), Common Stocks and Uncommon Profits, and I just started Value Investing Made Easy.
In the meantime, I've been intrigued by the use cases of AI in the valuation world.
I asked ChatGPT to base its investment philosophy on those books listed above and then told it to research $GRAB. It's a bit lengthy so sorry in advance.
I was wondering if someone with more experience in this community could judge/critique this analysis and determine if this tool is reliable and accurate enough if instructed properly?
Here it is:
To value Grab Holdings Limited ($GRAB), I will consider fundamental metrics, market sentiment, and management quality, drawing from value investing principles as described in influential texts and the styles of Michael Burry and Warren Buffet. Let's dive into the analysis.
Based on a conservative valuation approach, considering both fundamental and market factors, Grab's current market price appears to reflect its intrinsic value reasonably well. Investors should monitor upcoming earnings reports and market developments for better insights into its long-term potential.
Investors should closely monitor Grab’s performance against its growth projections and be prepared for potential volatility. A conservative investment approach would involve considering these factors and possibly waiting for more consistent profitability before making significant investments.
submitted by PixelMuseAI to ValueInvesting [link] [comments]
In the meantime, I've been intrigued by the use cases of AI in the valuation world.
I asked ChatGPT to base its investment philosophy on those books listed above and then told it to research $GRAB. It's a bit lengthy so sorry in advance.
I was wondering if someone with more experience in this community could judge/critique this analysis and determine if this tool is reliable and accurate enough if instructed properly?
Here it is:
To value Grab Holdings Limited ($GRAB), I will consider fundamental metrics, market sentiment, and management quality, drawing from value investing principles as described in influential texts and the styles of Michael Burry and Warren Buffet. Let's dive into the analysis.
Fundamental Metrics
Revenue and Growth
- **Revenue Growth**: Grab reported a 30% year-on-year increase in quarterly revenue, reaching $653 million, with significant contributions from its delivery and mobility services segments【31†source】.
- **Profitability**: Despite improvements, Grab is still not consistently profitable. Recent efforts have reduced losses, but profitability remains a concern【32†source】.
Financial Health
- **Balance Sheet**: Examine Grab’s assets, liabilities, and equity. Focus on liquidity ratios (current ratio, quick ratio) and solvency ratios (debt to equity).
- **Cash Flow**: Assess operating cash flow to understand the company’s ability to generate cash from its core operations.
Valuation Ratios
- **Price-to-Earnings (P/E) Ratio**: As Grab is not consistently profitable, the P/E ratio may not be applicable. Instead, we can use:
- **Price-to-Sales (P/S) Ratio**: Reflects the value investors are placing on each dollar of the company's sales. Compare with industry averages.
- **Price-to-Book (P/B) Ratio**: Evaluate the market’s valuation of the company's book value.
Market Sentiment
Investor Sentiment
- **Stock Performance**: Analyze the stock’s performance over the past year, considering significant price movements and volume changes.
- **Analyst Ratings**: Look at recent analyst reports for buy/hold/sell recommendations and price targets.
Industry Trends
- **Competitor Analysis**: Compare Grab with its competitors like Gojek, FoodPanda, and other regional players.
- **Market Position**: Assess Grab’s market share and competitive advantages in the Southeast Asian market.
Management Quality
Leadership
- **Anthony Tan's Track Record**: Tan has transformed Grab into a leading superapp with significant growth in various service segments. His focus on a triple bottom line (financial, social, environmental) is commendable【28†source】【30†source】.
- **Controversies and Layoffs**: Recent layoffs and controversies involving the CEO's family have impacted public perception and employee morale【32†source】.
Valuation Approach
Adjusted Book Value
- **Replacement Value**: Adjust the book value for the current replacement costs of assets to get a realistic measure of the company’s intrinsic value.
Discounted Cash Flow (DCF) Analysis
- **Future Cash Flows**: Project future cash flows based on revenue growth and cost management strategies.
- **Discount Rate**: Use a conservative discount rate to account for the risks and uncertainties in the market.
Comparable Company Analysis
- **Peer Valuation**: Compare Grab’s valuation multiples (P/S, P/B) with similar companies in the region and industry.
Valuation Summary
- **Revenue Growth and Profitability**: Positive revenue growth but consistent profitability is not yet achieved.
- **Financial Health**: Check liquidity and solvency to ensure Grab can sustain operations without financial strain.
- **Market Sentiment**: Mixed due to recent layoffs and controversies, but generally positive outlook from investors and analysts.
- **Management**: Strong leadership with a focus on innovation and social impact, tempered by recent challenges.
- **Revenue Multiples**: Apply industry average P/S ratios to Grab’s revenue.
- **DCF Analysis**: Discount future cash flows using a conservative growth rate and discount rate.
- **Adjusted Book Value**: Adjust for replacement costs to reflect current asset values.
Conclusion
While Grab shows significant potential with its diversified services and innovative leadership, caution is warranted due to its profitability challenges and recent market sentiment issues. A conservative valuation approach suggests a moderate investment outlook, with close attention to upcoming earnings reports and market developments.Valuation of Grab Holdings Limited ($GRAB)
To value Grab Holdings Limited, I’ve gathered recent financial metrics, market sentiment, and assessed management quality, using a conservative approach as inspired by the methodologies of Michael Burry, Keith Gill, and the foundational principles from key investment texts.Fundamental Metrics
Revenue and Growth
- **Revenue**: Grab reported a revenue of $653 million in Q1 2024, marking a 24% year-over-year increase【41†source】.
- **Revenue Segments**:
- **Mobility**: $247 million, a 27% YoY increase.
- **Deliveries**: $350 million, a 19% YoY increase.
- **Financial Services**: $55 million, a 53% YoY increase【43†source】.
Profitability
- **Adjusted EBITDA**: Improved to $62 million in Q1 2024 from negative $67 million in Q1 2023【43†source】.
- **Operating Income**: Still negative, but the loss is narrowing compared to previous periods【42†source】.
Financial Health
- **Current Ratio**: 3.26, indicating strong liquidity.
- **Debt/Equity Ratio**: 0.05, showing low leverage【42†source】.
- **Cash Position**: $4.3 billion in cash and equivalents, providing a solid financial cushion【42†source】【43†source】.
Valuation Ratios
- **Price-to-Sales (P/S) Ratio**: 5.62, higher than the industry average, indicating a premium valuation.
- **Price-to-Book (P/B) Ratio**: 2.23, suggesting the stock is trading above its book value but within a reasonable range for tech companies【42†source】.
Market Sentiment
Stock Performance
- **52-Week Performance**: The stock has increased by 5.81% over the past year, reflecting moderate investor confidence.
- **Short Interest**: Relatively low at 2.20% of outstanding shares, indicating limited bearish sentiment【42†source】.
Analyst Outlook
- Analysts have generally positive outlooks on Grab, citing its strong revenue growth and improving profitability metrics【43†source】.
Management Quality
Leadership
- **Anthony Tan**: CEO and Co-Founder, has successfully diversified Grab’s services and focused on technological innovation and social impact initiatives. His leadership has earned numerous accolades, though recent layoffs and controversies have affected public perception【28†source】【29†source】.
Valuation Approach
Adjusted Book Value
- **Book Value**: $1.63 per share. Adjust for current market conditions to estimate replacement costs and intrinsic value.
Discounted Cash Flow (DCF) Analysis
- **Future Cash Flows**: Projected based on recent revenue growth and cost management.
- **Discount Rate**: Use a conservative rate to account for market risks and uncertainties.
Comparable Company Analysis
- Compare with regional competitors like Gojek and global peers in the superapp and tech sectors.
Conclusion
Given the data, Grab Holdings shows strong revenue growth and improving profitability, backed by a solid financial position and low debt levels. However, its current valuation multiples (P/S and P/B ratios) indicate that the market already prices in much of its growth potential. The management's focus on cost efficiency and technological innovation is promising, but recent layoffs and controversies may pose short-term challenges.Based on a conservative valuation approach, considering both fundamental and market factors, Grab's current market price appears to reflect its intrinsic value reasonably well. Investors should monitor upcoming earnings reports and market developments for better insights into its long-term potential.
Valuation Multiples of Grab Holdings Limited ($GRAB) and Industry Comparison
To provide a thorough valuation analysis of Grab Holdings, I will dive deeper into its valuation multiples and compare them with industry peers. This analysis takes into account recent data and market sentiment.Grab Holdings Valuation Multiples
Key Metrics:
- **Price-to-Sales (P/S) Ratio**: 5.8x
- **Price-to-Book (P/B) Ratio**: 2.23x
- **Enterprise Value-to-Sales (EV/Sales) Ratio**: 4.01x
- **Price-to-Free Cash Flow (P/FCF) Ratio**: 59.48x
Industry Comparison
Price-to-Sales (P/S) Ratio:
- **Grab (5.8x)**: This is significantly higher compared to the average P/S ratio of its peers.
- **Peer Average (1.5x)**: Companies like Lyft (1.3x) and DiDi Global (0.8x) have much lower P/S ratios, indicating they are priced more conservatively relative to their sales.
- **Uber (3.5x)**: Slightly higher, but still below Grab’s P/S ratio, reflecting investor optimism in Uber’s growth potential relative to Grab.
Price-to-Book (P/B) Ratio:
- **Grab (2.23x)**: This indicates that Grab’s stock is priced more than twice its book value. This is within a reasonable range for tech companies but higher than many traditional businesses.
- **Industry Peers**: Generally, transportation and delivery companies tend to have lower P/B ratios, often below 2x, reflecting more stable and established business models with lower growth expectations.
Analysis and Interpretation
High Multiples Justification:
- **Growth Potential**: Grab’s high valuation multiples can be justified by its significant growth potential. The company has shown strong revenue growth across its mobility, deliveries, and financial services segments. For instance, mobility revenues grew by 27% year-over-year, and financial services revenues increased by 53% year-over-year.
- **Market Leadership**: As a leading superapp in Southeast Asia, Grab enjoys a competitive advantage and brand recognition, contributing to investor confidence and a willingness to pay a premium.
- **Strategic Initiatives**: The company’s focus on expanding its ecosystem, including financial services and advertising, enhances its revenue diversification and growth prospects.
Risks and Considerations:
- **Profitability Concerns**: Despite improvements, Grab is still not consistently profitable, which is a key concern for value investors. The forecast for breakeven has been pushed to 2026, reflecting ongoing challenges in achieving sustainable profitability.
- **Market Sentiment**: The high valuation multiples indicate high investor expectations. Any failure to meet growth targets or significant market disruptions could lead to sharp corrections in stock price.
- **Comparative Overvaluation**: Compared to peers like Uber and Lyft, Grab’s valuation appears stretched. This overvaluation might reflect the market’s optimism about Grab’s future growth but also poses a risk if the growth does not materialize as expected.
Conclusion
Grab Holdings shows robust growth potential and strong market positioning, justifying its higher valuation multiples to some extent. However, the company’s current valuation is significantly above its peers, reflecting high expectations from investors. While the potential for substantial growth exists, it is crucial to remain cautious of the risks associated with its profitability and market sentiment.Investors should closely monitor Grab’s performance against its growth projections and be prepared for potential volatility. A conservative investment approach would involve considering these factors and possibly waiting for more consistent profitability before making significant investments.
2024.06.11 13:54 DutyTop8086 Enphase Energy (ENPH)
 | ENPH had a notable move on Monday, climbing 6.45% to close at $130.67. The day’s peak hit $133.45, with trading volume reaching 7.92 million shares. Which well above the average of 5.63 million. This volume spike signals heightened interest and potential underlying catalysts driving the stock. submitted by DutyTop8086 to Daytrading [link] [comments] Consensus: A “Buy” from 20 out of 33 analysts, with an average target of $135.66. The range suggests a cautious optimism, with targets spanning from a conservative $45.82 to a bullish $262 Product Launches: Enphase has been active with new product deployments:
Partnerships: Enphase expanded its collaboration with Semper Solaris, integrating their systems more deeply, which might enhance market penetration and sales 12-month consensus EPS estimate FinanceEnphase reported earnings of $2.94 per share for 2024, slightly below the previous year's $3.08, but projections for 2025 are robust, with an anticipated jump to $5.20. Here’s a deeper dive into the financials:
My Strategy:Technical Setup:
Entry Points:
Exit Strategy:
|
2024.06.11 11:15 Higseo What is a life insurance coverage ratio, and why is it important?
A life insurance coverage ratio is the proportion of life insurance coverage to an individual's annual income. It indicates how well an insurance policy can replace income and support dependents financially in the event of the policyholder's death. This ratio is important because it ensures the policy provides sufficient financial support for dependents to maintain their standard of living, cover debts, and manage future expenses like education and retirement. A well-calculated coverage ratio ensures comprehensive financial security for beneficiaries.
submitted by Higseo to u/Higseo [link] [comments]
2024.06.11 11:03 Oceantombs406 Why Don’t People Realize!?!?
Why don’t the Democrats know what Trump accomplished? Because the media did a terrible job of reporting it. I’m amazed at how few people realize the records he set:
First President in history to serve a full term and increase the deficit every year he was in office. First President in history to maintain a debt to GDP ratio over 100% for his entire term Highest annual budget deficit Most added to the national debt in a single term Most new unemployment claims Largest single day point drop in the history of the Dow First President in almost a century to lose jobs in his first term First major party candidate in half a century to lose the popular vote twice Longest government shutdown in history (and he did that while his own party controlled both chambers of Congress) First President in the history of approval ratings to maintain a net negative approval rating for his entire term First President to be impeached twice First President to have bipartisan support for his conviction after impeachment (which happened both times) Most indictments, guilty pleas, and criminal convictions of members of an administration And again, that’s just a few of the records! There are so many more things he accomplished! He flatlined a strong economy even before the pandemic. He wasted millions on golfing (with much of that going back to into his own pockets). He wasted millions more rebranding part of the Air Force to look like Star Trek cosplayers. He wasted billions more on an idiotic vanity wall that’s already falling over. He told tens of thousands of lies. He violated the Emoluments Clause and the Hatch Act more times than I can remember. Plus he sabotaged our operations in Afghanistan, sabotaged gas prices with an idiotic deal with OPEC to create a global oil shortage, forgot what country he bombed at least once, tweeted a classified a photo, and he committed a war crime by ordering the assassination of an Iranian general in violation of international treaties.
Then there were all of his brilliant ideas that were never realized. Like preventing wildfires by raking the forests, nuking hurricanes, and treating Covid by cutting open people’s lungs and wiping them down with Lysol and letting them dry in the sun. Just think how much more he could have accomplished if those godless liberals hadn’t stopped him from suspending the Constitution and declaring himself President for life!
submitted by Oceantombs406 to missoula [link] [comments]
First President in history to serve a full term and increase the deficit every year he was in office. First President in history to maintain a debt to GDP ratio over 100% for his entire term Highest annual budget deficit Most added to the national debt in a single term Most new unemployment claims Largest single day point drop in the history of the Dow First President in almost a century to lose jobs in his first term First major party candidate in half a century to lose the popular vote twice Longest government shutdown in history (and he did that while his own party controlled both chambers of Congress) First President in the history of approval ratings to maintain a net negative approval rating for his entire term First President to be impeached twice First President to have bipartisan support for his conviction after impeachment (which happened both times) Most indictments, guilty pleas, and criminal convictions of members of an administration And again, that’s just a few of the records! There are so many more things he accomplished! He flatlined a strong economy even before the pandemic. He wasted millions on golfing (with much of that going back to into his own pockets). He wasted millions more rebranding part of the Air Force to look like Star Trek cosplayers. He wasted billions more on an idiotic vanity wall that’s already falling over. He told tens of thousands of lies. He violated the Emoluments Clause and the Hatch Act more times than I can remember. Plus he sabotaged our operations in Afghanistan, sabotaged gas prices with an idiotic deal with OPEC to create a global oil shortage, forgot what country he bombed at least once, tweeted a classified a photo, and he committed a war crime by ordering the assassination of an Iranian general in violation of international treaties.
Then there were all of his brilliant ideas that were never realized. Like preventing wildfires by raking the forests, nuking hurricanes, and treating Covid by cutting open people’s lungs and wiping them down with Lysol and letting them dry in the sun. Just think how much more he could have accomplished if those godless liberals hadn’t stopped him from suspending the Constitution and declaring himself President for life!
2024.06.11 07:18 pondersassinorum The Regard case for WBD. Hear me out.
I’m a full regard so I love garbage. WBD is such garbage stock. But there’s real treasure in the trash sometimes. Like some old lady buying a Picasso print at the thrift store for five bucks. Why is WBD treasure in the trash?
Okay so the entertainment business has been trash for a while now. Covid killed theaters, streaming is a trash business and is consolidating, the tech bros are going to ruin the movie business just like they ruin everything else. So the WBD stock is way down. A trash stock in a trash industry.
But what I like is the IP. It’s fucking WARNER BROS! It’s fucking HBO! It’s Harry Potter, Lord of the Rings, Batman,TMNT, Dune, The Matrix, Game of Thrones, The Sopranos, Barbie! These are iconic and beloved titles that will have huge value for the foreseeable future. Every time there’s a new streaming service, new video format, new theme park, new video game, new fucking slot machines, new anything, this IP will get monetized the fuck out it. They own Police Academy which I know you love because you are in this sub like me.
And yes Zazlav is an asshole. It’s just what this dumb industry needs. An asshole BUSINESSMAN. Unemotional, cunning, cutthroat. Will break your heart by killing some superhero nerd fest for the sweet tax breaks. And he’s paying down debt like a beast. People in Hollywood hate him with a passion and that’s how you know he’s good.
So what’s the upshot? Well the intrinsic FCF value is $27. Current share price around 8? For a ratio of .3. Historically, that is at the absolute low end. It’s been as high at 1.5 in the last ten years.
Do I really understand any of that? Clearly not. Maybe all of this is bullshit. What am I a quant? I’m betting on the company being in a cyclical slump because of covid and strikes, with huge potential because of the IP and the leader not afraid to be a huge prick. Also the the historic median Price-to-Intrinsic-Value-Projected-FCF is .69 - which is good enough for me.
This motherfucker is beaten down and once it pays off the merger debt and the streaming consolidation settles, this dog will hunt. We’re talking at least $18 in the next twelve months. And the bear case is around $7. Huge upside, minimal downside.
I know this is a gambling sub, but even in a casino you wanna find the roulette wheel with just one green and not those sucker ones with three.
TL;DR - Huge IP value, ruthless asshole CEO, entertainment biz is shit right now but WB is iconic and will bounce back bigly.
This is clearly not financial advise. I’m a dumbass creative and not some Wall Street douche. Tell me why I am wrong.
submitted by pondersassinorum to wallstreetbets [link] [comments]
Okay so the entertainment business has been trash for a while now. Covid killed theaters, streaming is a trash business and is consolidating, the tech bros are going to ruin the movie business just like they ruin everything else. So the WBD stock is way down. A trash stock in a trash industry.
But what I like is the IP. It’s fucking WARNER BROS! It’s fucking HBO! It’s Harry Potter, Lord of the Rings, Batman,
And yes Zazlav is an asshole. It’s just what this dumb industry needs. An asshole BUSINESSMAN. Unemotional, cunning, cutthroat. Will break your heart by killing some superhero nerd fest for the sweet tax breaks. And he’s paying down debt like a beast. People in Hollywood hate him with a passion and that’s how you know he’s good.
So what’s the upshot? Well the intrinsic FCF value is $27. Current share price around 8? For a ratio of .3. Historically, that is at the absolute low end. It’s been as high at 1.5 in the last ten years.
Do I really understand any of that? Clearly not. Maybe all of this is bullshit. What am I a quant? I’m betting on the company being in a cyclical slump because of covid and strikes, with huge potential because of the IP and the leader not afraid to be a huge prick. Also the the historic median Price-to-Intrinsic-Value-Projected-FCF is .69 - which is good enough for me.
This motherfucker is beaten down and once it pays off the merger debt and the streaming consolidation settles, this dog will hunt. We’re talking at least $18 in the next twelve months. And the bear case is around $7. Huge upside, minimal downside.
I know this is a gambling sub, but even in a casino you wanna find the roulette wheel with just one green and not those sucker ones with three.
TL;DR - Huge IP value, ruthless asshole CEO, entertainment biz is shit right now but WB is iconic and will bounce back bigly.
This is clearly not financial advise. I’m a dumbass creative and not some Wall Street douche. Tell me why I am wrong.
2024.06.11 04:29 DutyTop8086 Riding the MSFT Rocket
Riding the MSFT Rocket 🚀
Alright, here’s 2 cents on MSFT
Current Play
MSFT is hanging out at $427.87, flirting just below its recent peak of $433.60. The 50-day moving average is chillin' at $414.55, while the 200-day is holding down at $395.67. Volume’s spiking, and you know what that means someone's loading up heavy!
Analyst Chatter
Analysts are bullish on Microsoft:
Financial Pulse
Microsoft’s financials are rock solid:
Insider Moves
There’s been some notable insider trading:
Institutional Maneuvers
Big institutional players are bullish:
Major News and Tech Developments
Several key developments are pushing Microsoft forward:
AI and Cloud Expansion: Microsoft is aggressively expanding its AI and cloud capabilities. They’ve introduced Copilot, an AI-driven tool within Microsoft 365, which automates routine tasks and provides advanced analytics. This tool is expected to enhance user productivity significantly.
OpenAI Partnership: Their deepening partnership with OpenAI is a major catalyst. Integrating advanced AI models from OpenAI into Azure positions Microsoft as a leader in AI-as-a-service. They’ve also launched ChatGPT Enterprise, offering secure and scalable AI solutions for businesses.
Quantum Computing: Microsoft’s investment in quantum computing through Azure Quantum is promising. This technology is expected to tackle complex problems more efficiently than classical computing, potentially revolutionizing fields like logistics, cryptography, and pharmaceuticals.
AI Hardware Advances: Microsoft is working on a custom AI chip, Athena, to enhance AI applications’ performance across their cloud infrastructure. This should reduce reliance on third-party chips and lower costs.
Cloud Services Growth: Azure’s growth continues, driven by new enterprise customers and expanded services in data analytics and cybersecurity. Microsoft’s cloud services are pivotal for the digital transformation of businesses worldwide.
My Strategy
Technical Setup:
Microsoft’s push into AI, cloud computing, and quantum computing, combined with strategic partnerships and new tech developments, positions it well for growth. With entry points around $420.00 and exit targets between $460.00 and $470.00, MSFT looks set for solid gains. I’ll stay updated on financial and tech news to maximize the potential from this trade.
Here’s to making smart moves! 🥂
submitted by DutyTop8086 to stocks [link] [comments]
Alright, here’s 2 cents on MSFT
Current Play
MSFT is hanging out at $427.87, flirting just below its recent peak of $433.60. The 50-day moving average is chillin' at $414.55, while the 200-day is holding down at $395.67. Volume’s spiking, and you know what that means someone's loading up heavy!
Analyst Chatter
Analysts are bullish on Microsoft:
- Goldman Sachs reaffirmed their “buy” rating with a target of $460.
- Morgan Stanley is rating it “overweight,” targeting $450.
- JP Morgan set a $455 target, taking a neutral stance.
- Barclays raised their target to $470, maintaining a “buy.”
- Credit Suisse is holding steady with a $445 target.
Financial Pulse
Microsoft’s financials are rock solid:
- Earnings Per Share came in at $11.01, beating expectations.
- Revenue: $56.2 billion, up 11.3% year-over-year. Big boy numbers.
- Debt-to-Equity Ratio: 0.40.
- Profit Margin: 33%.
- Return on Equity: 35%.
Insider Moves
There’s been some notable insider trading:
- Satya Nadella, CEO, sold 59,907 shares in May, likely cashing in on gains.
- Amy Hood, CFO, sold 20,000 shares. Total insider sales have reached about $40 million in the past quarter.
Institutional Maneuvers
Big institutional players are bullish:
- BlackRock added 1.2 million shares.
- Vanguard Group increased their stake significantly.
- Renaissance Technologies boosted their position by 5%.
- T. Rowe Price now holds $6.5 billion worth of MSFT shares.
Major News and Tech Developments
Several key developments are pushing Microsoft forward:
AI and Cloud Expansion: Microsoft is aggressively expanding its AI and cloud capabilities. They’ve introduced Copilot, an AI-driven tool within Microsoft 365, which automates routine tasks and provides advanced analytics. This tool is expected to enhance user productivity significantly.
OpenAI Partnership: Their deepening partnership with OpenAI is a major catalyst. Integrating advanced AI models from OpenAI into Azure positions Microsoft as a leader in AI-as-a-service. They’ve also launched ChatGPT Enterprise, offering secure and scalable AI solutions for businesses.
Quantum Computing: Microsoft’s investment in quantum computing through Azure Quantum is promising. This technology is expected to tackle complex problems more efficiently than classical computing, potentially revolutionizing fields like logistics, cryptography, and pharmaceuticals.
AI Hardware Advances: Microsoft is working on a custom AI chip, Athena, to enhance AI applications’ performance across their cloud infrastructure. This should reduce reliance on third-party chips and lower costs.
Cloud Services Growth: Azure’s growth continues, driven by new enterprise customers and expanded services in data analytics and cybersecurity. Microsoft’s cloud services are pivotal for the digital transformation of businesses worldwide.
Apple’s Flop
Apple just had an epic fail, folks. Their AI event was a total disaster, and it’s got people rethinking their game plan. Here’s the tea:- Lackluster AI Unveil: Apple tried to flex their new AI features, but it was a major letdown. They barely brought anything new to the table. The crowd reaction was like, “Seriously, Apple? That’s it?”
- Tech Flops: The live demo was a nightmare. Siri couldn’t handle basic commands without lagging or outright failing. Imagine trying to show off your new tech, and it glitches right in front of everyone. Cringe city.
- Market Reaction: Investors weren’t having it. Apple’s stock took a 3% dive today as people dumped shares faster than you can say “AI fail.” Wall Street’s questioning whether Apple can even hang in the AI race now.
- Missed Opportunities: Apple didn’t announce any major AI collaborations or breakthroughs, leaving the impression that they’re playing catch-up instead of leading the charge.
- Consumer Backlash: Social media is roasting Apple’s presentation, with memes and complaints about how underwhelming it was. Not the kind of viral you want.
My Strategy
Technical Setup:
- 50-Day Moving Average: $414.55.
- 200-Day Moving Average: $395.67.
- Short-Term: I’m looking to enter around $420.00, which aligns with support and offers a solid risk/reward ratio.
- Long-Term: If it drops to the 50-day MA at $414.55 or below, it’s a strong buy for long-term holding.
- Short-Term Gains: I’m targeting an exit around $460.00, in line with average analyst targets.
- Long-Term Hold: I’m aiming for a higher exit around $470.00, which aligns with Barclays’ more bullish target.
- Monitor Financial News: I’ll keep an eye on AI and cloud computing updates and any new tech releases.
- Adjust Stops: I’ll raise the stop-loss level as the stock price rises to protect gains.
Microsoft’s push into AI, cloud computing, and quantum computing, combined with strategic partnerships and new tech developments, positions it well for growth. With entry points around $420.00 and exit targets between $460.00 and $470.00, MSFT looks set for solid gains. I’ll stay updated on financial and tech news to maximize the potential from this trade.
Here’s to making smart moves! 🥂
2024.06.11 04:12 DutyTop8086 Riding the MSFT Rocket 🚀
Alright, here’s 2 cents on MSFT and why I’m strapping in for a ride to the moon.
Current Play
MSFT is hanging out at $427.87, flirting just below its recent peak of $433.60. The 50-day moving average is chillin' at $414.55, while the 200-day is holding down at $395.67. Volume’s spiking, and you know what that means someone's loading up heavy!
Analyst Chatter
Analysts are bullish on Microsoft:
Financial Pulse
Microsoft’s financials are rock solid:
Insider Moves
There’s been some notable insider trading:
Institutional Maneuvers
Big institutional players are bullish:
Major News and Tech Developments
Several key developments are pushing Microsoft forward:
AI and Cloud Expansion: Microsoft is aggressively expanding its AI and cloud capabilities. They’ve introduced Copilot, an AI-driven tool within Microsoft 365, which automates routine tasks and provides advanced analytics. This tool is expected to enhance user productivity significantly.
OpenAI Partnership: Their deepening partnership with OpenAI is a major catalyst. Integrating advanced AI models from OpenAI into Azure positions Microsoft as a leader in AI-as-a-service. They’ve also launched ChatGPT Enterprise, offering secure and scalable AI solutions for businesses.
Quantum Computing: Microsoft’s investment in quantum computing through Azure Quantum is promising. This technology is expected to tackle complex problems more efficiently than classical computing, potentially revolutionizing fields like logistics, cryptography, and pharmaceuticals.
AI Hardware Advances: Microsoft is working on a custom AI chip, Athena, to enhance AI applications’ performance across their cloud infrastructure. This should reduce reliance on third-party chips and lower costs.
Cloud Services Growth: Azure’s growth continues, driven by new enterprise customers and expanded services in data analytics and cybersecurity. Microsoft’s cloud services are pivotal for the digital transformation of businesses worldwide.
My Strategy
Technical Setup:
Microsoft’s push into AI, cloud computing, and quantum computing, combined with strategic partnerships and new tech developments, positions it well for growth. With entry points around $420.00 and exit targets between $460.00 and $470.00, MSFT looks set for solid gains. I’ll stay updated on financial and tech news to maximize the potential from this trade.
Here’s to making smart moves! 🥂
submitted by DutyTop8086 to TCB_Investments [link] [comments]
Current Play
MSFT is hanging out at $427.87, flirting just below its recent peak of $433.60. The 50-day moving average is chillin' at $414.55, while the 200-day is holding down at $395.67. Volume’s spiking, and you know what that means someone's loading up heavy!
Analyst Chatter
Analysts are bullish on Microsoft:
- Goldman Sachs reaffirmed their “buy” rating with a target of $460.
- Morgan Stanley is rating it “overweight,” targeting $450.
- JP Morgan set a $455 target, taking a neutral stance.
- Barclays raised their target to $470, maintaining a “buy.”
- Credit Suisse is holding steady with a $445 target.
Financial Pulse
Microsoft’s financials are rock solid:
- Earnings Per Share came in at $11.01, beating expectations.
- Revenue: $56.2 billion, up 11.3% year-over-year. Big boy numbers.
- Debt-to-Equity Ratio: 0.40.
- Profit Margin: 33%.
- Return on Equity: 35%.
Insider Moves
There’s been some notable insider trading:
- Satya Nadella, CEO, sold 59,907 shares in May, likely cashing in on gains.
- Amy Hood, CFO, sold 20,000 shares. Total insider sales have reached about $40 million in the past quarter.
Institutional Maneuvers
Big institutional players are bullish:
- BlackRock added 1.2 million shares.
- Vanguard Group increased their stake significantly.
- Renaissance Technologies boosted their position by 5%.
- T. Rowe Price now holds $6.5 billion worth of MSFT shares.
Major News and Tech Developments
Several key developments are pushing Microsoft forward:
AI and Cloud Expansion: Microsoft is aggressively expanding its AI and cloud capabilities. They’ve introduced Copilot, an AI-driven tool within Microsoft 365, which automates routine tasks and provides advanced analytics. This tool is expected to enhance user productivity significantly.
OpenAI Partnership: Their deepening partnership with OpenAI is a major catalyst. Integrating advanced AI models from OpenAI into Azure positions Microsoft as a leader in AI-as-a-service. They’ve also launched ChatGPT Enterprise, offering secure and scalable AI solutions for businesses.
Quantum Computing: Microsoft’s investment in quantum computing through Azure Quantum is promising. This technology is expected to tackle complex problems more efficiently than classical computing, potentially revolutionizing fields like logistics, cryptography, and pharmaceuticals.
AI Hardware Advances: Microsoft is working on a custom AI chip, Athena, to enhance AI applications’ performance across their cloud infrastructure. This should reduce reliance on third-party chips and lower costs.
Cloud Services Growth: Azure’s growth continues, driven by new enterprise customers and expanded services in data analytics and cybersecurity. Microsoft’s cloud services are pivotal for the digital transformation of businesses worldwide.
Apple’s Flop
Apple just had an epic fail, folks. Their AI event was a total disaster, and it’s got people rethinking their game plan. Here’s the tea:- Lackluster AI Unveil: Apple tried to flex their new AI features, but it was a major letdown. They barely brought anything new to the table. The crowd reaction was like, “Seriously, Apple? That’s it?”
- Tech Flops: The live demo was a nightmare. Siri couldn’t handle basic commands without lagging or outright failing. Imagine trying to show off your new tech, and it glitches right in front of everyone. Cringe city.
- Market Reaction: Investors weren’t having it. Apple’s stock took a 3% dive today as people dumped shares faster than you can say “AI fail.” Wall Street’s questioning whether Apple can even hang in the AI race now.
- Missed Opportunities: Apple didn’t announce any major AI collaborations or breakthroughs, leaving the impression that they’re playing catch-up instead of leading the charge.
- Consumer Backlash: Social media is roasting Apple’s presentation, with memes and complaints about how underwhelming it was. Not the kind of viral you want.
My Strategy
Technical Setup:
- 50-Day Moving Average: $414.55.
- 200-Day Moving Average: $395.67.
- Short-Term: I’m looking to enter around $420.00, which aligns with support and offers a solid risk/reward ratio.
- Long-Term: If it drops to the 50-day MA at $414.55 or below, it’s a strong buy for long-term holding.
- Short-Term Gains: I’m targeting an exit around $460.00, in line with average analyst targets.
- Long-Term Hold: I’m aiming for a higher exit around $470.00, which aligns with Barclays’ more bullish target.
- Monitor Financial News: I’ll keep an eye on AI and cloud computing updates and any new tech releases.
- Adjust Stops: I’ll raise the stop-loss level as the stock price rises to protect gains.
Microsoft’s push into AI, cloud computing, and quantum computing, combined with strategic partnerships and new tech developments, positions it well for growth. With entry points around $420.00 and exit targets between $460.00 and $470.00, MSFT looks set for solid gains. I’ll stay updated on financial and tech news to maximize the potential from this trade.
Here’s to making smart moves! 🥂
2024.06.11 03:58 Aubvo Lululemon (LULU) Bullish?
Lululemon, the popular athletic clothing brand is currently sitting 62% below its 52W high. Concerns are high P/S at 4.1, and high P/B at 9.42. Other than that it seems solid. 25 P/E, 42% ROE, revenue is growing at 10% YOY, earnings is also growing at 10%, debt to equity is 33%, current ratio 2.72.
Now I understand that the retail sector is in a weird place right now, so this one may be a slow turnaround. It does seem that this is still a very popular brand that continues to sell high quality products (while doing so with solid profit margins).
What do other value investors think? Anyone else thinking about buying up LULU?
submitted by Aubvo to ValueInvesting [link] [comments]
Now I understand that the retail sector is in a weird place right now, so this one may be a slow turnaround. It does seem that this is still a very popular brand that continues to sell high quality products (while doing so with solid profit margins).
What do other value investors think? Anyone else thinking about buying up LULU?
2024.06.11 02:30 pondersassinorum My Long case on WBD
WBD has recently been such a garbage stock. But there’s real treasure in the trash sometimes. Like some old lady buying a Picasso print at the thrift store for five bucks. Why is WBD treasure in the trash?
Okay so the entertainment business has been trash for a while now. Covid killed theaters, streaming is a trash business and is consolidating, the tech bros are going to ruin the movie business just like they ruin everything else. So the WBD stock is way down. A trash stock in a trash industry.
But what I like is the IP. It’s WARNER BROS! It’s HBO! It’s Harry Potter, Lord of the Rings, Batman, TMNT, Dune, The Matrix, Game of Thrones, The Sopranos, Barbie. These are iconic and beloved titles that will have huge value for the foreseeable future. Every time there’s a new streaming service, new video format, new theme park, new video game, new anything, this IP will get monetized to within an inch of its life. Just one example, Hogwarts Legacy did over a Billion dollars in retail sails. And a new Harry Potter game is coming in September.
And yes Zazlav is an asshole. It’s just what this dumb industry needs. An asshole BUSINESSMAN. Unemotional, cunning, cutthroat. And he’s paying down debt like a beast. People in Hollywood hate him with a passion and that’s how you know he’s good.
So what’s the upshot? Well the intrinsic FCF value is $27. Current share price around 8? For a ratio of .3. Historically, that is at the absolute low end. It’s been as high at 1.5 in the last ten years. Just reverting to the mean would double the current price.
I’m betting on the company being in a cyclical slump because of covid and strikes, with huge potential because of the IP and the leader not afraid to be a huge prick.
This stock is beaten down and once it pays off the merger debt and the streaming consolidation settles, this dog will hunt. We’re talking at least $20 in the next twelve months. And the bear case is around $7. Huge upside, minimal downside.
TL;DR - Huge IP value, ruthless CEO, good debt servicing, entertainment biz is bad right now but WB is iconic and will bounce back.
This is clearly not financial advice.
Curious what other people think!
submitted by pondersassinorum to wbdstock [link] [comments]
Okay so the entertainment business has been trash for a while now. Covid killed theaters, streaming is a trash business and is consolidating, the tech bros are going to ruin the movie business just like they ruin everything else. So the WBD stock is way down. A trash stock in a trash industry.
But what I like is the IP. It’s WARNER BROS! It’s HBO! It’s Harry Potter, Lord of the Rings, Batman, TMNT, Dune, The Matrix, Game of Thrones, The Sopranos, Barbie. These are iconic and beloved titles that will have huge value for the foreseeable future. Every time there’s a new streaming service, new video format, new theme park, new video game, new anything, this IP will get monetized to within an inch of its life. Just one example, Hogwarts Legacy did over a Billion dollars in retail sails. And a new Harry Potter game is coming in September.
And yes Zazlav is an asshole. It’s just what this dumb industry needs. An asshole BUSINESSMAN. Unemotional, cunning, cutthroat. And he’s paying down debt like a beast. People in Hollywood hate him with a passion and that’s how you know he’s good.
So what’s the upshot? Well the intrinsic FCF value is $27. Current share price around 8? For a ratio of .3. Historically, that is at the absolute low end. It’s been as high at 1.5 in the last ten years. Just reverting to the mean would double the current price.
I’m betting on the company being in a cyclical slump because of covid and strikes, with huge potential because of the IP and the leader not afraid to be a huge prick.
This stock is beaten down and once it pays off the merger debt and the streaming consolidation settles, this dog will hunt. We’re talking at least $20 in the next twelve months. And the bear case is around $7. Huge upside, minimal downside.
TL;DR - Huge IP value, ruthless CEO, good debt servicing, entertainment biz is bad right now but WB is iconic and will bounce back.
This is clearly not financial advice.
Curious what other people think!
2024.06.10 20:40 Gold_Anything5600 Confuse about this question ?...
 | https://preview.redd.it/e8uohwamfs5d1.png?width=2930&format=png&auto=webp&s=3aa511272c810314a16e404537be5f46043f6e42 submitted by Gold_Anything5600 to CFA [link] [comments] Hi guys, I'm pretty confuse with this question and i think the explanation in this case doesn't satisfy me, so can someone explain this for me carefully ? From my pov, when I see this table I can point out the Debt/EV ratio (which the lower is better right ?) of Gulf is around 0.57 and Khaleej is 0.55, so obvious Gulf has more debt in term of its EV than Khaleej, which make it riskier, moreover the EBITDA of Gulf is just 1/8 of debt compare to 1/5 of debt of Khaleej, so Khaleej has the better ability to pay the debt based solely on the operation performance? Every stats that I see here it just point to the answer A and this question also get 30% correct, so I think this is a pretty tricky question. Appreciate all the contribute, thanks everyone. |
2024.06.10 20:28 labiq Student- how to pay off debt?
I’ve found myself in a kind of shit position and really want to 1) pay off my debt 2) get my credit score in good standing again
I currently owe:
$1000 - Walmart MC $1800 - Scotia CC
I currently make:
$2,250 a month
Expenses:
500 - rent 500 - household/groceries
This doesn’t account for going out or whatever but I am willing to become more frugal as needed.
Edit:
Thank you for the advice guys !! I know my debt:income ratio is super manageable, but I’m fairly young so having any debt at all feels really overwhelming and scary. I think I just needed to hear that its manageable if i get my shit together from others for it to sink in lol. I will definitely be budgeting although I think i already know 1 or 2 problem areas I can absolutely cut down on. <33
submitted by labiq to PersonalFinanceCanada [link] [comments]
I currently owe:
$1000 - Walmart MC $1800 - Scotia CC
I currently make:
$2,250 a month
Expenses:
500 - rent 500 - household/groceries
This doesn’t account for going out or whatever but I am willing to become more frugal as needed.
Edit:
Thank you for the advice guys !! I know my debt:income ratio is super manageable, but I’m fairly young so having any debt at all feels really overwhelming and scary. I think I just needed to hear that its manageable if i get my shit together from others for it to sink in lol. I will definitely be budgeting although I think i already know 1 or 2 problem areas I can absolutely cut down on. <33
2024.06.10 20:21 FreeDelay1742 Debt consolidation (need for loan)
Hi there! I have a very high CC debt that I want to pay off. It’s around $75k with high interest. I am currently making six figures salary. I am currently trying to negotiate with CC companies to lower my interest rates so I can pay off more principal every month. However, it may not be possible with all creditors. I tried to request high amount loan from SoFi, payoff and such but they either refuse because of high income to debt ratio or because I have multiple accounts. So I was wondering if there is a loan company or such that may be small and private that you had experience with which can loan such amount so I don’t have to worry about CC anymore but just pay that loan company monthly. Based on my calculations, one large loan would “fix” my situation by not only removing CC debt that affects my credit score but also simplify monthly payment. It would also give me an option to save up and have extra savings or to even use the extra saving to apply to monthly loan payment. I also wouldn’t need to cancel credit cards, or have any derogatory marks on my profile. Any recommendations would be appreciated!
submitted by FreeDelay1742 to Debt [link] [comments]
2024.06.10 19:27 Noble_Tiger Should I overpay and pay down my car loan or my student loan faster?
I was able to successfully refinance my student loans and as a result the interest rate is now very close to my car loan. I have an outstanding balance on my student loan of about 19,000 with an interest rate of about 6.15%, a monthly payment of about 380 and a term length of 58 month remaining. My car loan has an outstanding balance of about 26200 with a rate of 6.35%, a monthly payment of 573 and a remaining length of about 50 months. On paper the more logical choice would be my car loan but having a car loan also avoids the temptation of buying another car while if I payoff my student loan that debt will forever be gone. My other concern is that i am looking a potentially taking advantage of the USDA mortgage program (which would mean I don’t need to save much for a down payment) within 2-5 years and I know on paper paying off the car loan before that will help debt to income ratio more. Other than keep my car loan and avoiding the temptation of buying something else, is there any reason to prioritize my student loan first? The only thing I can think of is that it will be easier to pay down the student loan just because it has a smaller balance. If mortgage lender treat student loan debt more negatively than car loan debt (since it’s unsecured vs secured) then I can definitely see myself prioritizing student loans
submitted by Noble_Tiger to personalfinance [link] [comments]
2024.06.10 19:03 bestchange_pr Mike Belshe: Our macroeconomic climate continues to support the thesis about the need for Bitcoin
By the end of this year, the price of the first crypto coin could reach the range of $125,000-$135,000. This is the opinion of BitGo CEO Mike Belshe. According to him, one of the prerequisites for the growth of BTC will be the high level of US government debt.
According to Belshe, our macroeconomic climate continues to support the case for Bitcoin. He says that there is no doubt that the US national debt is not under control. This situation contributes to the idea that Bitcoin is a new generation of gold Belshe noted.
The expert also expressed the opinion that the US dollar is becoming weaker as a world reserve currency due to the foreign policy of the American authorities. According to Belshe, the country uses the national currency as a weapon and a tool for manipulation.
The CEO of BitGo noted that he does not approve, but does not protest against economic sanctions. However, the example with Russia shows other states that the American authorities can treat them in the same way.
Belshe elaborates on the macroeconomic backdrop, emphasizing that the US’s foreign policy and sanctions controls are driving global entities to seek alternatives to the dollar. He mentions that the BRICS nations are working on alternative payment systems, which could diminish the dollar’s dominance. Additionally, digital technologies are enabling seamless cross-border payments, further eroding the need for traditional financial intermediaries/
Amid a bull market, the value of the major digital currency will form a top at some point in the last quarter of this year. This conclusion was made by Bitfinex analysts.
“Past data suggests that Bitcoin typically reaches a new ATH several months after the halving,” the experts noted.
They also pointed to the continued possibility of BTC growth in the near term.
“Market cap/realized value (MVRV) ratio indicate significant unrealized profit, with the current MVRV value around 2.56. Historically, Bitcoin market tops occur when the MVRV ratio exceeds 3.2,” Bitfinex said.
Analysts believe that the main cryptocurrency could reach $120,000. To justify their forecast, they turned to on-chain metrics and patterns. But experts consider higher estimates to be “overstated.”
submitted by bestchange_pr to bestchange [link] [comments]
According to Belshe, our macroeconomic climate continues to support the case for Bitcoin. He says that there is no doubt that the US national debt is not under control. This situation contributes to the idea that Bitcoin is a new generation of gold Belshe noted.
The expert also expressed the opinion that the US dollar is becoming weaker as a world reserve currency due to the foreign policy of the American authorities. According to Belshe, the country uses the national currency as a weapon and a tool for manipulation.
The CEO of BitGo noted that he does not approve, but does not protest against economic sanctions. However, the example with Russia shows other states that the American authorities can treat them in the same way.
Belshe elaborates on the macroeconomic backdrop, emphasizing that the US’s foreign policy and sanctions controls are driving global entities to seek alternatives to the dollar. He mentions that the BRICS nations are working on alternative payment systems, which could diminish the dollar’s dominance. Additionally, digital technologies are enabling seamless cross-border payments, further eroding the need for traditional financial intermediaries/
Amid a bull market, the value of the major digital currency will form a top at some point in the last quarter of this year. This conclusion was made by Bitfinex analysts.
“Past data suggests that Bitcoin typically reaches a new ATH several months after the halving,” the experts noted.
They also pointed to the continued possibility of BTC growth in the near term.
“Market cap/realized value (MVRV) ratio indicate significant unrealized profit, with the current MVRV value around 2.56. Historically, Bitcoin market tops occur when the MVRV ratio exceeds 3.2,” Bitfinex said.
Analysts believe that the main cryptocurrency could reach $120,000. To justify their forecast, they turned to on-chain metrics and patterns. But experts consider higher estimates to be “overstated.”
2024.06.10 15:46 ManishVishav LT Foods Analysis
 | Introduction submitted by ManishVishav to IndianStreetBets [link] [comments] LT Foods Limited was incorporated in the 1980s. It is primarily engaged in the business of milling, processing and marketing of branded and non-branded basmati rice and manufacturing of rice food products in the domestic and overseas market. The purpose of this report is to analyze LT Foods Limited comprehensively, examining its business operations, financial health, competitive position, and potential investment opportunities. By sharing this report, I aim to receive constructive feedback from the investment community to enhance my analysis skills and refine my research methodologies. This report is part of my ongoing learning journey, and I appreciate any insights or resources that can help me improve further. Company Background and History LT Foods Limited was incorporated in the 1980s, originally focusing on the milling and processing of basmati rice. Over the decades, the company has expanded its operations significantly. Key milestones include: 1980s: Establishment and initial focus on milling and processing basmati rice. 1990s: Expansion into the marketing of branded basmati rice, establishing its flagship brand, "Daawat". 2000s: Diversification into rice-based food products and entry into international markets, including the USA, Europe, and the Middle East. 2010s: Increased investment in research and development to enhance product offerings and add value to rice products. The company also pursued strategic acquisitions to strengthen its market position. 2020s: Continued focus on innovation and sustainability, with initiatives aimed at reducing environmental impact and meeting changing consumer preferences. Today, LT Foods operates a global supply chain, serving customers in over 60 countries, and remains committed to quality, innovation, and sustainability in the rice industry. Core Business Activities and Product Line LT Foods Limited specializes in the milling, processing, and marketing of both branded and non-branded basmati rice, as well as the production of rice-based food products. The company's core business activities revolve around the following: Branded Rice: Daawat: Flagship brand with a leadership position in India, holding a 30% market share. Royal: Leading brand in North America with a 50% market share.Other Brands: Heritage, Devaaya, Gold Seal Indus Valley, 817 Elephant, Kari Kari, and Ecolife. Product Lines: Basmati Rice: Wide range of high-quality basmati rice varieties under various brands. Rice-Based Food Products: Includes ready-to-heat meals and other value-added rice products. Super Foods: Recent additions like ‘Daawat Quick Cooking Red Rice’ introduced in FY24. New Launches: Expansion of the ready-to-heat product line with the introduction of Royal RTH variant, White Queso & Jalapeno, in Walmart stores across the US.Through its diverse product portfolio, LT Foods caters to a broad customer base in both domestic and international markets, maintaining a strong focus on quality and innovation. Geographic Presence and Market Segment LT Foods Limited has established a robust global distribution network and operates in multiple market segments. The company leverages its extensive network to ensure widespread availability of its products.Distribution Network:Domestic Market: The company operates through over 1,200 distributors and reaches 152,000 retail outlets across India, catering to various channels such as General Trade, Modern Trade, HORECA (Hotels, Restaurants, and Cafes), and E-Commerce.International Market: LT Foods has a strong presence in international markets with over 100 distributors, exporting to 78 countries.Key Markets:United States: In FY24, the Royal brand was the official sponsor of the inaugural season of Major League Cricket (MLC) in the USA, achieving over 295 million impressions across digital, on-ground, TV media, and PR campaigns. The USA accounts for 41% of the company's revenue.India: The domestic market contributes 29% to the company’s revenue.Europe: The company’s European operations, particularly through LT Foods Europe BV established in 2017 near Rotterdam, supply approximately 30% of the EU’s basmati rice consumption. Europe represents 17% of LT Foods' revenue.Middle East: This region accounts for 6% of the company’s revenue.Rest of the World: Contributes 7% to the overall revenue.Through its strategic presence in key global markets, LT Foods has solidified its position as a leading player in the rice industry, continually expanding its reach and market influence. Industry Analysis Overview of the FMCG Sector: The Fast-Moving Consumer Goods (FMCG) sector includes products sold quickly and at low cost, such as food, beverages, personal care items, and household goods. Key trends include health consciousness, e-commerce growth, and sustainability.The Rice Industry: The global rice industry is vital, with major producers like China, India, Indonesia, Bangladesh, and Vietnam. Rice is a staple for over half of the world’s population. Key players include LT Foods, KRBL Limited, and REI Agro. Demand is driven by population growth and dietary habits.Market Trends and Dynamics:Demand Drivers: Population growth and urbanization boost rice consumption. Health trends increase demand for organic and specialty rice.Supply Drivers: Technological advancements improve production efficiency, but challenges like climate change pose risks.Regulatory Environment: Trade policies and tariffs affect international trade. Food security policies impact domestic production.Economic Factors: Inflation, exchange rates, and economic conditions influence production costs and pricing.Competitive Landscape: The rice industry is competitive, with LT Foods, KRBL Limited, and others vying for market share. Companies compete on product quality, brand recognition, pricing, and distribution. Innovations in product offerings, such as ready-to-heat meals, are crucial.Challenges and Opportunities:Challenges: Climate change, trade barriers, and price fluctuations are significant challenges.Opportunities: Growth opportunities include the demand for organic rice, technological advancements, and expansion into new markets through e-commerce. Financials Snapshot of the financial Sales Growth: The company’s sales are growing at a rate of 12-14%. Operating Profit Margin (OPM): The OPM remains consistent. Earnings Per Share (EPS): EPS is increasing at approximately 3.4%. Net Cash Flow: Although net cash flow has been poor, it has shown improvement since 2022, reaching zero in 2023. This remains a red flag, as negative or zero cash flow can indicate financial instability. However, compared to its competitor, Avanti Feeds, LT Foods' net cash flow is healthier. Debtor Days: The number of debtor days is reducing, indicating improved collection efficiency. Inventory Days: Inventory days have slightly increased. Days Payable: Days payable has increased. Cash Conversion Cycle: The cash conversion cycle is reducing, which is a positive sign. Return on Capital Employed (ROCE): ROCE has increased, indicating better efficiency in using capital. Overview: Revenue and Profit Growth: Sales Growth: 5-Year Average Growth: 14.8% 3-Year Average Growth: 17.9%Profit Growth: 5-Year Average Growth: 35.9% 3-Year Average Growth: 29.4% LT Foods has shown consistent growth in both sales and profits over different time frames, with a notable improvement in performance from FY22 onwards. Profitability Metrics: EBITDA Growth: The company’s EBITDA has consistently grown, reflecting its improving operational efficiency. Operating Profit Margin (OPM): The OPM has shown a positive trend, indicating effective cost management and pricing strategies. PAT and EPS Growth: The PAT and EPS have grown consistently, underscoring the company’s ability to translate revenue growth into bottom-line profitability. Debt and Financial Risk Profile: Debt Reduction: LT Foods has actively reduced its debt, thereby improving its financial and credit risk profile. Credit Rating: CRISIL has upgraded the company’s credit rating, reflecting increased confidence in its financial stability and future performance. Net Debt: Despite having high net debt, it is considered feasible within the industry context, as the basmati rice industry typically requires high inventory holding due to the aging process of paddy, which lasts 12 to 24 months. Current Ratio: With a current ratio of around 1.6, the company is unlikely to face difficulties in meeting its short-term liabilities, indicating good liquidity management. Conclusion: LT Foods has demonstrated strong and consistent financial performance over the past years, with robust growth in sales and profits. The company’s strategic initiatives to reduce debt and improve its credit profile have been recognized by CRISIL’s rating upgrade. Although the industry necessitates high inventory holding and debt, LT Foods manages these factors effectively, maintaining a healthy current ratio and a feasible debt level relative to the industry standards. Overall, the financial outlook for LT Foods appears positive, with continued growth and stability expected. Financial Performance and GrowthRevenue Growth: Overall revenue grew by 12% year-over-year. Segment Growth: Basmati and other rice segments grew by 17%. Ready-to-eat and ready-to-cook products grew by 23%. Market Share: In India, the market share stands at 30% with a volume growth of 11%.Consumer Growth:Household consumer numbers increased by 11%.In the US, consumers of Royal products grew by 30.8%.The Jasmine rice segment in the US grew by 15%. Management Discussion and AnalysisGrowth Expectations: Management is optimistic about achieving double-digit growth. Distribution Expansion: The company plans to increase its focus on distribution to reach more outlets. Demand Outlook: Management has a positive outlook on demand. Digital Capabilities: Investment in digital capabilities will be a priority. Product Focus: There will be a strong focus on expanding the ready-to-eat and ready-to-cook segments, particularly in the US market. Capital Expenditure: The company has announced a ₹200 crore CAPEX investment aimed at expanding its digital infrastructure. Challenges Impact on Margins: The company is facing margin pressure due to the Red Sea crisis, as noted in the management discussion. Red Flags Overall, the company is performing well across various aspects and remains stable, especially when compared to its competitors and peers. However, two notable red flags are: Promoter Holding: The promoter holding in the company is relatively low. Moreover, it has decreased from 56.82% to 51%, which could indicate potential concerns about the promoters' confidence in the company’s future prospects. Disclaimer I am a student currently learning company analysis and investment research. This report is not intended as a financial recommendation, but rather a reflection of my analysis based on my current knowledge level. I am sharing this analysis to seek feedback from the community, which will help me identify areas for improvement and enhance my skills.As I am learning from various online courses and YouTube, there is no other way for me to gauge my performance and progress. This analysis is an opportunity for me to understand where I might be going wrong and how I can improve based on the community's feedback.I acknowledge that this report may have some flaws, such as the absence of an investment thesis and valuation. Currently, I am learning valuation metrics, specifically the Discounted Cash Flow (DCF) method, and I promise to incorporate DCF valuation in my next analysis.Your insights and constructive criticism are highly appreciated as they will contribute significantly to my learning journey. |
2024.06.10 15:26 AblePost7537 How To Buy A House In Kentucky With Zero Down Payment!
There are basically 4 mortgage programs for first time home buyers in Kentucky to consider: 1. FHA: Kentucky FHA loans are a popular choice in Jefferson County Kentucky first time home buyers because they allow the least down payment of 3.5%, vs Fannie Mae which now requires a 5% investment on primary residences. The current credit score requirements center around the 580 score for most FHA loans in Kentucky, with no bankruptcies in the last 2 years and no foreclosures in the last 3 years. Even though FHA insure a mortgage loan down to a 580 credit score or lower sometimes, it is very difficult to find a lender that will approve the loan with scores below 620. Keep that in mind. The house payment will need to be around 30% of your gross monthly income. For example if you gross around $3000 a month, then the maximum mortgage payment you would qualify would be $1000 a month. If the loan comes back as an accept, the debt to income ratio can be substantially higher than the 31% rule. All FHA loans are pre-approved through an AUS, an automated underwriting system upfront that will dictate your loan approval. The software underwriting engine looks at your credit, income, assets and figures your loan approval and will recommend an accept, refeeligible, or refeineligible, or out of scope. Most FHA investors will want a Accept on your underwriting findings to do a loan. It it comes back referred, then there are additional conditions or overlays that could stop your loan from being approved.
The current credit score that most Kentucky VA lenders want is 580. There can be no bankruptcies or foreclosures in the last two years with good re established credit.
The maximum debt to income ratio is 41% with a residual income of around $1000 a month after you pay all your bills. For example, if you make $4000 gross monthly, then the maximum house payment along with your other household bills would be set at $3000 a month so as you have the $1000 residual income requirement met. There are some variances on the residual income to whereas it is based on the number of people living in the household and which state you live in.
USDA loans require no down payment and are subject to income and property eligibility requirements by County..
All Kentucky Rural Housing Loans are ran through GUS, Guarantee Underwriting System, an online to determine your loan approval The Automated Underwriting engine will come back with an Accept, Refer, or Ineligible. Most USDA mortgage investor want an Accept on the initial underwriting approval to do the loan.
640 is the score that most USDA lenders want, but USDA will go down to a 580 credit score in their guidelines but it is very difficult to get approved.
If you have a score below 640 and trying to go USDA, work on getting your credit scores up first.
American Mortgage Solutions, Inc. 10602 Timberwood Circle Louisville, KY 40223 Company NMLS ID #1364
Text/call: 502-905-3708 fax: 502-327-9119 email: [kentuckyloan@gmail.com](mailto:kentuckyloan@gmail.com)
https://www.mylouisvillekentuckymortg...
Kentucky Home Loans Only! Not licensed in any oth
submitted by AblePost7537 to MortgageQuestionsKY [link] [comments]
- VA:
The current credit score that most Kentucky VA lenders want is 580. There can be no bankruptcies or foreclosures in the last two years with good re established credit.
The maximum debt to income ratio is 41% with a residual income of around $1000 a month after you pay all your bills. For example, if you make $4000 gross monthly, then the maximum house payment along with your other household bills would be set at $3000 a month so as you have the $1000 residual income requirement met. There are some variances on the residual income to whereas it is based on the number of people living in the household and which state you live in.
- USDA/Rural Housing:
USDA loans require no down payment and are subject to income and property eligibility requirements by County..
All Kentucky Rural Housing Loans are ran through GUS, Guarantee Underwriting System, an online to determine your loan approval The Automated Underwriting engine will come back with an Accept, Refer, or Ineligible. Most USDA mortgage investor want an Accept on the initial underwriting approval to do the loan.
640 is the score that most USDA lenders want, but USDA will go down to a 580 credit score in their guidelines but it is very difficult to get approved.
If you have a score below 640 and trying to go USDA, work on getting your credit scores up first.
- Kentucky Housing Corp or KHC KHC is used for mostly applicants in urban areas of Kentucky that don't have access to USDA or other government agencies to buy a home with no down payment. Down Payment Assistance for Ky First Time Home Buyer, 100% Financing How the Down Payment Assistance Program Works A minimum of 3.5% down payment is required with this loan. Down payment assistance loans are available from $4500-$6,000, and are paid back over a period of ten years. They are typically offered to buyers with limited cash reserves and carry an interest rate of 1 to 5.5%. These loans can make a critical difference to buyers for whom the down payment is an obstacle. Buyers whose 3.5% down payment is less than the $6000 limit may choose to use the remainder of a down payment loan to pay closing costs, further reducing the amount needed to bring to closing. see more links below for Kentucky First Time Home Buyer Programs https://kyfirsttimehomebuyer.wordpres... https://kyfirsttimehomebuyer.wordpres... https://www.mylouisvillekentuckymortg... https://www.mylouisvillekentuckymortg... https://www.mylouisvillekentuckymortg...
American Mortgage Solutions, Inc. 10602 Timberwood Circle Louisville, KY 40223 Company NMLS ID #1364
Text/call: 502-905-3708 fax: 502-327-9119 email: [kentuckyloan@gmail.com](mailto:kentuckyloan@gmail.com)
https://www.mylouisvillekentuckymortg...
Kentucky Home Loans Only! Not licensed in any oth
2024.06.10 10:55 Low-Perspective740 Finance Consultant in Behror: Truck Loan Approval Time Explained
Introduction
Behror is a bustling town. Businesses there depend on swift logistics to drive their expansion. Truck loans are crucial for this. They help build the transportation infrastructure. They ensure that businesses can get the vehicles they need to grow. But, getting a truck loan approved is daunting. It's hard without the guidance of an experienced finance consultant in behror. we delve into truck loan approval in Behror. We will clarify the key role of finance consultants. They speed up this process.Understanding the role of a finance consultant in Behror.
Definition and RoleA finance consultant is a pro at navigating the complex world of finance. In Behror, people trust these consultants as advisors. They help businesses secure truck loans. They have many responsibilities. These range from assessing finances to negotiating good loan terms.
Skills and Qualifications
Finance consultants in Behror have a diverse skill set. It includes financial analysis, negotiation, and obeying regulations. They often have relevant qualifications. For example, degrees in finance or certifications from reputable institutions.
Benefits of Hiring a Finance Consultant
Businesses in Behror can gain many benefits. They can do this by enlisting the services of finance consultants. These professionals provide valuable support. They make the loan process faster and increase the chance of approval.Truck Loan Basics
What's a truck loan?A truck loan is a type of financing. Designed for buying commercial vehicles. It lets businesses get trucks without paying the full price upfront. This saves capital for other expenses.
Types of Truck Loans Available
In Behror, businesses can choose from many types of truck loans, and asset-based lending. Each option has its own set of terms and conditions, catering to different business needs.
Key Players in the Truck Loan Market
Several financial institutions and lenders operate in Behror's truck loan market. They offer low rates and flexible repayment options. These include banks, credit unions, and particular financing companies.
The Truck Loan Approval Process
Gathering the necessary documentationTo start the loan application, businesses must gather key documents. These include personal and business financial statements. They also include credit reports and invoices with truck details.
Submitting the loan application
This marks the formal commencement of the approval process.
Factors Affecting Truck Loan Approval Time
Credit score and history.They set the pace for loan approval. Lenders assess these factors To identify the debtor's financial standing creditworthiness and likelihood of repayment.
Business Financial Health
Creditors carefully examine the business's financial health. They look at metrics such as revenue, profitability, and debt-to-equity ratio. A strong financial profile increases the chances of fast loan approval.
Loan amount and term.
The amount and term of the loan requested can impact the approval time. Larger loans or longer terms may need more lender review.
Type and Condition of the Truck
The type and condition of the truck being financed can affect the approval time. Lenders may do appraisals or inspections. They do this to assess the vehicle's value and suitability as collateral.
Down payment and collateral.
A big down payment or extra collateral can speed up loan approval. They do this by cutting the lender's risk.
Current economic conditions
Outside factors, like economic trends and market conditions, can also slow loan approvals. Lenders may adjust their lending criteria in response to the present condition of the economy.
Role of a Finance Consultant in Speeding Up the Approval Process
Pre-Assessment and Financial PlanningFinance consultants assess the business's finances. They devise strategies to increase the chances of loan approval. By addressing potential issues upfront, they hasten the approval process.
Efficient Documentation Handling
Experienced finance consultant in behror streamlining the documentation process. They make sure all needed paperwork is complete, accurate, and on time. This avoids delays.
Strong relationships with lenders.
They've built relationships with lenders. This lets finance consultants in behror speed up approvals. They used their credibility to do this.
Negotiation Skills
Finance consultants negotiate with lenders. They do so to secure good interest rates, repayment terms, and fast approvals.
Common Challenges in Truck Loan Approval
Poor credit historyBusinesses with a bad credit history may struggle to get truck loans. Finance consultants in behror must step in to limit the harm.
Insufficient Documentation
Finance consultants assist businesses in compiling comprehensive documentation to overcome this hurdle.
Overestimating loan amounts.
Requesting very large loans relative to the business's capacity may deter lenders. It can also prolong approval times. Finance consultants tell businesses it's realistic expectations.
Market Volatility
Changes in the economy or trucking industry can impact loan approval times. Finance consultants in behror must adapt to navigate uncertain conditions.
Regulatory Changes
Changes in lending rules or compliance requirements may require adjustments to loan applications. This will add complexity to the approval process. Finance consultants stay abreast of regulatory developments to ensure compliance.
Solutions to Overcome Approval Challenges
Improving your credit score.Businesses can take proactive steps to improve their credit. They can do this by paying bills on time, cutting debt, and disputing credit report errors.
Verify the exacting records.
Precise documentation review and organization prevent rejection and delay risks.
Realistic Loan Amount Assessment
Businesses determine their funding needs with precision. They should request loan amounts that match their financial capacity. This will improve their chances of approval.
Staying Informed about Market Trends
Staying current on market trends and industry developments helps businesses. This feature enables borrowers to revise their financing plans in reaction to shifts.
Working with experienced finance consultants.
Working with experienced finance consultants helps businesses. They've got the expertise and guidance needed to navigate approval challenges well.
Tips for Faster Truck Loan Approvals
Maintain a good credit score.Make a healthy credit score your priority. Do this by managing your debts well. Remove undesirable grades immediately.
Keep financial records up to date.
Keep accurate financial records. Keep them up-to-date. This will speed up loan applications and build lender confidence.
Choose the right truck.
Choosing a truck that fits the business's needs and budget will help with its approval. It will also speed up its financing.
Provide a significant down payment.
A large down payment shows commitment. It also cuts the lender's risk. This raises the chance of swift approval.
Build strong relationships with lenders.
Build trust with lenders. This will make communication smoother during the approval process.
Case Studies
Successful truck loan approvals are in Behror.Case Study 1: Small Business Success
In Behror, a small logistics company sought financing. They wanted it to expand their fleet of delivery trucks. Despite initial credit challenges, the business had a limited credit history. It enlisted a finance consultant to help. The consultant expedited the loan approval process. They did it through careful financial planning and smart negotiation. This allowed the business to get more vehicles, meeting customer demand. It drove expansion and profitability.
Case Study 2: Expanding Fleet for a Growing Company
A growing construction firm in Behror aimed to add more heavy-duty trucks. They will use the trucks to support upcoming projects. The company recognized the importance of timely financing. They hired a finance consultant famous for his expertise in commercial lending. The consultant used their industry connections and negotiation skills. They orchestrated a smooth loan approval process. This strategic investment sets up the company for growth and success. The market is competitive.
Lessons Learned from Rejected Applications
Case Study 1: Poor Documentation
In Behror, a manufacturer had trouble getting a truck loan. The trouble was due to bad paperwork. The company had strong finances. Incomplete paperwork and financial statement discrepancies hurt its loan application. This showed the critical need for thorough documentation in the loan approval process. It led the business to seek professional help. They've needed to fix problems and improve future approvals.
Case Study 2: Overextended Credit
A retail distributor in Behror faced challenges. They'd had trouble obtaining a truck loan because of too much debt. The company had healthy revenue. But its high debt-to-income ratio worried lenders.
This scenario showed the importance of careful financial management. These practices reduce risk and improve loan eligibility. The company revamped its financial strategy and reduced its debt. This sets it up for success in future loan bids.
Summary
In short, getting a truck loan in Behror involves navigating a complex process. Many factors and challenges affect it. finance consultant in behror plays a crucial role in speeding up this process. They provide insightful direction, create process documents with precision, and prove convincing skills. By understanding the details of truck loan approval, and fixing possible problems early. Businesses can improve their chances of success. They can also speed up access to vital financing.Recap of Key Points
- Finance consultants are invaluable allies. They help navigate the truck loan approval process in Behror.
- Key factors affect approval time. They include creditworthiness, the completeness of documentation, and economic conditions.
- Achieve loan approval by enhancing your credit score and cultivating lender relationships.
- Case studies show that thorough documentation and careful financial management are vital. They are vital for securing loan approval.
Final Thoughts on Truck Loan Approval in Behror
Businesses in Behror strive to grow and expand. Timely financing is paramount for this. Businesses can overcome approval challenges. They can get the capital they need by working with experienced finance consultants. They should also use proactive strategies. The guidance of finance professionals is crucial. They help in navigating the complexities of the loan approval process. This is true whether you are acquiring new trucks or expanding existing fleets.importance of Working with a Finance Consultant in Behror
The role of finance consultants isn't transactional. Partners trust them. They dedicate themselves to empowering businesses with financial knowledge and strategic guidance. Businesses in Behror can make smart decisions using their expertise and insights. They can improve loan approval and start on a path to growth and prosperity.
Common Inquiries
Q. What is the typical time frame for truck loan approval in Behror?Approval times can vary. They depend on factors like creditworthiness, documentation completeness, and lender processing times. On average, securing it may take anywhere from a few days to several weeks.
Q. How can I improve my chances of getting it approved?
Keeping a healthy credit score helps. So does organizing thorough documentation. Also, working with experienced finance consultants is key. These are all effective strategies for enhancing its approval chances.
Q. What documents are essential for its truck loan application?
Essential documents include personal and business financial statements and credit reports. They also include invoices detailing truck specifications and proof of collateral.
Q. How does the condition of the truck affect loan approvals?
The condition of the truck serves as a crucial factor in determining its value as collateral. Lenders may do appraisals or inspections. They use them to assess the vehicle's condition and see if it's suitable for financing.
Q. Can a finance consultant help me if I have had my loan application rejected?
Yes, finance consultants can give useful insights and help. They can help with the reasons for rejection. They can also help with improving eligibility and exploring other financing options.
Q. What are the costs associated with hiring a finance consultant?
The costs of hiring a finance consultant can vary. They depend on factors such as experience, services, and project complexity. It's advisable to discuss fees and payment structures upfront with the consultant.
Conclusion
In conclusion, getting a truck loan in Behror is full of opportunities and challenges. Businesses seek expert guidance from finance consultants to find their way. This leads to timely financing and sustainable growth. Finance professionals' guidance is key. It's helpful to businesses in Behror and beyond. They overcome approval hurdles and seize expansion opportunities.2024.06.10 10:27 Kurls888 S1 or E1 Jade?
Hypothetically, if I were to save enough jades to get Jade and either S1 or E1, which one would be better? I’m gonna out her with Aventurine, Topaz, and Ratio (debt collector would go on ratio)
submitted by Kurls888 to JadeMains [link] [comments]
2024.06.10 09:48 EvenProgress6975 Is the dealer scamming me (apr)
First time car buyer and it CLEARLY shows but I can't find an answer on the sub so I'm making my own post.
Dealer showed me invoice price and msrp, did the maths and was playing the "we are very transparent" card. He definitely offered the lowest OTD in the area from the 3 different dealers I've called.
With the 60 month 0.9 apr, no trade ins, no rebates, no down payment, we were looking at about $1,500 more than msrp (out the door, so including taxes and titles etc) for the preferred.
Now for the questions 😭
He's saying we don't qualify for the .9 apr because we have zero credit history. I think that could be right because it's 1 credit card that has been open for less than a year. However, credit score shows 750 (FICO score 9, Experian data). Debt to income ratio would also sit at about 10% (given we did get the .9 apr). Job was an internship paying $2000 a month, and just recently got a promotion to $6000 starting this week. Is the dealer correct about our situation? Apparently the financing department couldn't get an answer back so he wants us to come back tomorrow. He did say probably 5%. The posts I referenced give conflicting answers ( https://www.reddit.com/mazda/s/RmoVleJr0X and https://www.reddit.com/mazda/s/D6D9mpWrxx )
For the quoted OTD price, I mentioned the $500 grad student offer that Mazda was offering, and he said it wasn't a discount that could be applied, but rather a credit system so we can qualify for the apr??? This just doesn't make sense to me. I had another dealer say they'd do the rebates OR apr and not both but I'm not sure why they gave different answers.
Could I possibly negotiate down the OTD price if our financing rate turns out higher than expected since I read that dealers make money off of financing anyways? How should I go about the negotiation?
This happened Saturday night and told us to come back Monday, and said they didn't have loaner cars so he'd come pick us up directly or send a chauffeur??? We live like two hours away. Is this a play to get us to buy the car no matter what lol.
I'd appreciate any answers! It feels like every dealer says whatever they want to say since it's pretty obvious we're young and clueless. No amount of reddit research seems to prepare us enough to deal with the negotiation part!! Both of our parents are immigrants and pay for everything in cash full and don't buy new cars lol.
edit: just got approved for 1.9 apr for 60 months 😭 thank you for all the help!
submitted by EvenProgress6975 to CX50 [link] [comments]
Dealer showed me invoice price and msrp, did the maths and was playing the "we are very transparent" card. He definitely offered the lowest OTD in the area from the 3 different dealers I've called.
With the 60 month 0.9 apr, no trade ins, no rebates, no down payment, we were looking at about $1,500 more than msrp (out the door, so including taxes and titles etc) for the preferred.
Now for the questions 😭
He's saying we don't qualify for the .9 apr because we have zero credit history. I think that could be right because it's 1 credit card that has been open for less than a year. However, credit score shows 750 (FICO score 9, Experian data). Debt to income ratio would also sit at about 10% (given we did get the .9 apr). Job was an internship paying $2000 a month, and just recently got a promotion to $6000 starting this week. Is the dealer correct about our situation? Apparently the financing department couldn't get an answer back so he wants us to come back tomorrow. He did say probably 5%. The posts I referenced give conflicting answers ( https://www.reddit.com/mazda/s/RmoVleJr0X and https://www.reddit.com/mazda/s/D6D9mpWrxx )
For the quoted OTD price, I mentioned the $500 grad student offer that Mazda was offering, and he said it wasn't a discount that could be applied, but rather a credit system so we can qualify for the apr??? This just doesn't make sense to me. I had another dealer say they'd do the rebates OR apr and not both but I'm not sure why they gave different answers.
Could I possibly negotiate down the OTD price if our financing rate turns out higher than expected since I read that dealers make money off of financing anyways? How should I go about the negotiation?
This happened Saturday night and told us to come back Monday, and said they didn't have loaner cars so he'd come pick us up directly or send a chauffeur??? We live like two hours away. Is this a play to get us to buy the car no matter what lol.
I'd appreciate any answers! It feels like every dealer says whatever they want to say since it's pretty obvious we're young and clueless. No amount of reddit research seems to prepare us enough to deal with the negotiation part!! Both of our parents are immigrants and pay for everything in cash full and don't buy new cars lol.
edit: just got approved for 1.9 apr for 60 months 😭 thank you for all the help!
2024.06.10 09:23 David_Root Find the best mortgage rates in Canada
 | Mortgage Rates in Canada submitted by David_Root to u/David_Root [link] [comments] Securing the best mortgage rate is a crucial aspect of homeownership in Canada. With countless lenders and various mortgage products available, finding the most favourable rate can be a daunting task. This comprehensive guide will equip you with the knowledge and strategies to navigate the Canadian mortgage landscape and secure the best rates for your unique financial situation. Understanding Mortgage Rates in Canada Mortgage rates in Canada are influenced by various factors, including the Bank of Canada's overnight rate, bond yields, and economic conditions. Lenders adjust their rates accordingly, offering different options to cater to diverse borrower needs. 1. Fixed-Rate Mortgages Fixed-rate mortgages provide stability and predictability, as the interest rate remains unchanged throughout the mortgage term, typically ranging from 6 months to 10 years. This option is ideal for those who prefer consistent payments and want to budget effectively. 2. Variable-Rate Mortgages Variable-rate mortgages fluctuate based on the lender's prime rate, which is influenced by the Bank of Canada's overnight rate. While these mortgages can offer lower initial rates, there is a risk of rate increases during the mortgage term. Factors Influencing Mortgage Rates Several factors influence the mortgage rates offered by lenders in Canada: 1. Credit Score A higher credit score demonstrates responsible borrowing behaviour and can qualify you for better mortgage rates. Lenders view borrowers with scores above 680 as low-risk, potentially granting them more favourable rates. 2. Down Payment A larger down payment can lead to lower mortgage rates. Borrowers with a down payment of 20% or more avoid the need for mortgage default insurance, reducing the lender's risk and potentially securing better rates. 3. Income and Debt Ratios Lenders evaluate your ability to make mortgage payments by considering your income, existing debts, and debt-to-income ratios. A stable income and manageable debt levels can improve your chances of securing competitive rates. 4. Amortization Period The amortization period, or the length of time it takes to pay off the mortgage, can impact rates. Shorter amortization periods, such as 15 or 20 years, generally result in lower interest rates compared to longer periods like 30 years. Shopping for the Best Mortgage Rates in Canada Conducting thorough research and comparing offers from multiple lenders is crucial to finding the best mortgage rates in Canada. Here are some strategies to consider: 1. Online Mortgage Rate Comparison Tools Utilize online mortgage rate comparison tools to quickly assess rates offered by various lenders. These tools allow you to input your specific criteria, such as mortgage amount, down payment, and credit score, providing a comprehensive overview of available options. 2. Contact Multiple Lenders Reach out to different types of lenders, including banks, credit unions, and mortgage brokers. Each lender may offer varying rates and terms, so it's essential to gather multiple quotes and compare them side by side. 3. Negotiate with Lenders Don't be afraid to negotiate with lenders. Provide them with competitive quotes you've received from other institutions and inquire about their willingness to match or improve upon those rates. 4. Consider Mortgage Brokers Mortgage brokers have access to a wide network of lenders and can often secure better rates than those offered directly by lenders. They can negotiate on your behalf and provide valuable guidance throughout the mortgage process. 5. Timing is Key Mortgage rates fluctuate regularly, so timing your mortgage application correctly can be advantageous. Monitor rate trends and aim to lock in your rate when they are favourable, typically during periods of economic stability or when rates are expected to rise. Tips for Securing the Best Mortgage Rates In addition to shopping around and negotiating, consider the following tips to increase your chances of securing the best mortgage rates in Canada: 1. Improve Your Credit Score Work on improving your credit score by paying bills on time, reducing outstanding debts, and maintaining a healthy credit mix. A higher credit score can significantly impact the rates lenders offer you. 2. Save for a Larger Down Payment Aim to save for a down payment of at least 20% to avoid paying mortgage default insurance premiums. A larger down payment not only reduces your overall mortgage amount but also demonstrates financial responsibility to lenders. 3. Consider Mortgage Portability When shopping for a mortgage, inquire about mortgage portability options. This feature allows you to transfer your existing mortgage to a new property, potentially avoiding penalties and fees associated with breaking your current mortgage term. 4. Review Prepayment Privileges Understand the prepayment privileges offered by lenders, as they can vary significantly. These privileges allow you to make additional payments or pay off your mortgage faster without incurring penalties, potentially saving you thousands of dollars in interest over the life of the mortgage. 5. Seek Professional Advice Consider consulting with a mortgage professional or financial advisor. They can provide valuable insights, help you understand the fine print, and guide you through the mortgage application process, ensuring you make informed decisions. By following these strategies, conducting thorough research, and considering professional advice, you can increase your chances of securing the best mortgage rates in Canada, ultimately saving thousands of dollars over the life of your mortgage. FAQs 1. What is the current average mortgage rate in Canada? According to the latest data from the Bank of Canada, as of April 2023, the average mortgage rate in Canada for a 5-year fixed-rate mortgage is around 4.79%. However, it's important to note that mortgage rates can fluctuate frequently based on various economic factors and market conditions. The Bank of Canada's overnight lending rate, which influences prime rates set by lenders, has increased several times over the past year in an effort to combat high inflation. But in general, 4.79% for a 5-year fixed mortgage reflects a higher rate environment currently compared to the ultra-low rates seen a couple years ago. Prospective homebuyers need to budget accordingly for higher carrying costs. 2. Is it better to choose a fixed or variable-rate mortgage? The choice between a fixed or variable-rate mortgage depends on your risk tolerance and financial circumstances. Fixed-rate mortgages offer stability and predictability, while variable-rate mortgages may be more suitable if you can tolerate potential rate fluctuations and aim to take advantage of lower initial rates. 3. How often can I renegotiate my mortgage rate? You can typically renegotiate your mortgage rate at the time of renewal, which is usually every 4 or 5 years for fixed-rate mortgages, or whenever your term expires for variable-rate mortgages. 4. Can I get a mortgage with bad credit in Canada? While having a good credit score is advantageous, it is still possible to secure a mortgage with bad credit in Canada. However, you may face higher interest rates and stricter lending criteria. Consider working on improving your credit score before applying for a mortgage. 5. What is the minimum down payment required for a mortgage in Canada? The minimum down payment required for a mortgage in Canada varies based on the purchase price of the property. For homes under $500,000, the minimum down payment is 5%. For properties between $500,000 and $999,999, the minimum down payment is 5% on the first $500,000 and 10% on the remaining portion. For properties over $1 million, the minimum down payment is 20%. |
2024.06.10 07:21 roger_plus FHSA - List of 5 condos affordable with 25K annual salary.
In Canada, the amount of mortgage you can be approved for is typically based on your income, credit score, and other financial obligations. The Gross Debt Service (GDS) Ratio, which is the percentage of your gross income that can be used for housing costs, should not exceed 39% of your monthly income.
The Total Debt Service (TDS) Ratio, which is the percentage of your gross income that can be used for housing costs plus all other debt obligations, should not exceed 44% of your monthly income. Based on an annual income of $20,000, you should aim for a monthly mortgage payment of no more than $649.60.
Here is a list of Condos 2 bed 1 bath within 75 K price limit.
Explore Canada's Real Estate Market Find Your Dream Home RE/MAX (remax.ca)Explore Canada's Real Estate Market Find Your Dream Home RE/MAX (remax.ca).
submitted by roger_plus to FHSA [link] [comments]
The Total Debt Service (TDS) Ratio, which is the percentage of your gross income that can be used for housing costs plus all other debt obligations, should not exceed 44% of your monthly income. Based on an annual income of $20,000, you should aim for a monthly mortgage payment of no more than $649.60.
Here is a list of Condos 2 bed 1 bath within 75 K price limit.
Explore Canada's Real Estate Market Find Your Dream Home RE/MAX (remax.ca)Explore Canada's Real Estate Market Find Your Dream Home RE/MAX (remax.ca).
2024.06.10 04:00 z2iji Is Investing into a Traditional 401k versus Roth 401k a better strategy for people looking to "retire" early?
Can someone point out if there's any flaw to this investing strategy?
I have been mainly contributing to a Traditional 401k, and only started a Roth 401k recently. My current ratio is 650k in a Traditional 401k and 85k in a Roth 401k (This is for a family of 2). We are both 38 years old at the moment and looking to decrease the amount of days working.
I was thinking that if we will do less contributions to retirement by the age of 40, that it is best to contribute to the Traditional 401k, and get the tax reduction now to invest into an individual brokerage, and after we decide to work less, rollover the Traditional 401k into a Rollover IRA, and then do a Roth conversion. I assume that when we do the conversion, the amount converted (say 25k) will be added into our ordinary income, which would be taxed at a much lower rate if we are both are planning on working less for the next 20 years?
Is there any flaw in this logic? We have 22k left to contribute for the year to our 401k, and wanted to see if I should contribute to my Roth 401k, or Traditional 401k to finish up the year.
Also, any strategic advise for cashing out my individual accounts? Most of my position I have been just buy and holding, and I'm not really sure when I should start chipping away at these gains.
We both still plan on working still to supplement any needed expenses.
Is there anything else we need to consider that I am missing?
Current Age: 38 Current Incomes: 450/day per-diem (health care)
Current Savings: Individual Brokrage: 900k Traditional 401k: 650k Roth 401k: 85k HSA: 58K
Current Debt: Property 1 (Value ~1,000,000): 29075/year * 27 years = 785,025 Property 2 (Value ~1,000,000): 24445/year * 26 years = 635,581 (paying for parents)
Thanks!
submitted by z2iji to financialindependence [link] [comments]
I have been mainly contributing to a Traditional 401k, and only started a Roth 401k recently. My current ratio is 650k in a Traditional 401k and 85k in a Roth 401k (This is for a family of 2). We are both 38 years old at the moment and looking to decrease the amount of days working.
I was thinking that if we will do less contributions to retirement by the age of 40, that it is best to contribute to the Traditional 401k, and get the tax reduction now to invest into an individual brokerage, and after we decide to work less, rollover the Traditional 401k into a Rollover IRA, and then do a Roth conversion. I assume that when we do the conversion, the amount converted (say 25k) will be added into our ordinary income, which would be taxed at a much lower rate if we are both are planning on working less for the next 20 years?
Is there any flaw in this logic? We have 22k left to contribute for the year to our 401k, and wanted to see if I should contribute to my Roth 401k, or Traditional 401k to finish up the year.
Also, any strategic advise for cashing out my individual accounts? Most of my position I have been just buy and holding, and I'm not really sure when I should start chipping away at these gains.
We both still plan on working still to supplement any needed expenses.
Is there anything else we need to consider that I am missing?
Current Age: 38 Current Incomes: 450/day per-diem (health care)
Current Savings: Individual Brokrage: 900k Traditional 401k: 650k Roth 401k: 85k HSA: 58K
Current Debt: Property 1 (Value ~1,000,000): 29075/year * 27 years = 785,025 Property 2 (Value ~1,000,000): 24445/year * 26 years = 635,581 (paying for parents)
Thanks!