Cinemark gives moderate reasons for optimism to all, who makes money at public events. Buffett threatens the growth of the real sector of the economy. Goldman Sachs Threatens Companies, what will they buy or will they buy. US President Will Become King Of Charging Stations - But This Is Not Certain.
Disclaimer: when we talk about, that something has grown, we mean a comparison with the same quarter a year earlier. Since all issuers are from the USA, then all results in dollars. When creating the material, sources were used, inaccessible to users from the Russian Federation. We hope, Do you know, what to do
“Why are you doing here?? The movie has already ended "
Cinemark cinema chain has reported on the results of the last quarter. Revenue increased from 8,974 to 294,652 million, losses also decreased - from 170,816 to 142,281 million. Certainly, this is a big progress compared to the terrible situation 2020, but this is still much worse than indicators 2019: 957,756 million of revenue and 100,071 million profit.
However, the results of the last quarter were still slightly better than analysts' expectations in terms of revenue.
All this news can be considered moderately positive not only for the company's shareholders., but in general for all enterprises, directly or indirectly receiving money from shows and events: Disney, ViacomCBS and others. Based on the situation with cinemas, conclusions can be drawn about the possibility and profitability of holding other public events..
Buffett forbids the economy from dying
The legendary holding of no less legendary Warren Buffett Berkshire Hathaway has reported on the results of the past quarter. Let's note an important point: the largest revenue growth for the company came from railways, Housing and communal services and industry. Operating profit increased by 21,27% - and this is all with consideration, that the income of the conglomerate from the insurance business fell.
This tells us two things. Firstly, the industry in the USA is really actively growing - this can be seen from the results of the corresponding divisions of the company. Such experience can and should be extrapolated to other enterprises in the real sector of the United States..
Secondly, obviously, that the logistics sector is sufficiently busy and generates high profits. This, On the one side, certainly good for all issuers, working in the field of transportation. And on the other hand,, this is bad for everyone else - because they should expect, that the increase in logistics costs will spoil their profits.
More mergers to the god of takeovers
Goldman Sachs Experts (GS) from the department, dealing with mergers and acquisitions, shared their opinion, that the wave of buying some companies by others will not subside in the near future. Consider the main points, supporting this opinion.
Private funds are actively buying up companies. You really can't argue with that: a lot of deals lately like buying Cloudera, where the acquirers are private foundations. Considering, that often the objects of purchase are unprofitable companies like the same Cloudera, the most likely explanation for such activity is the desire of the fund management to "buy something". With 2013 on 2020 these funds have accumulated around the world in total under 3 trillion dollars - obviously, they are gnawed at the thought, that "money should work", and therefore they actively spend them. It is hard to say, how long will this trend last: GS experts cannot yet decide on the duration of such purchasing activity.
Boom in European SPAC deals to come. This is also a very reasonable assumption., as in the US the enthusiasm for new SPACs is no longer comparable to that, what was in the beginning 2021 of the year, but on European exchanges this method is gaining popularity.
By the way,, the stock market of Europe is traded much less of its inhabitants, than in the USA, - so that such an increase in SPAC activity in the Old World can attract locals to the stock exchange and lead to an increase in the profitability of the main stock exchanges, например Deutsche Börse.
Companies are rethinking their supply chains - buy their key suppliers. Coronavirus disrupted the supply chain and provoked a shortage of components necessary for production. All this led many companies to the simple idea of, that it would be nice to have your own supplier or manufacturer of these same components, so that factories do not stand idle in case of force majeure. Closest example: negotiations between Intel and GlobalFoundries on the possibility of purchasing the latter for 30 billion dollars.
Expectation of an increase in the number of international transactions. GS experts believe, what as, how air travel will bounce back, the number of business trips will also grow. And already from this, in their opinion, the number of cross-border transactions will increase: pier, managers will be able to inspect everything on site, what interests them, and because of this they will decide to buy the company. So far, this is only a hypothesis., but it should still be taken into account, since business flights are now really getting more and more. May be, this will lead to an increase in the number of cases of asset purchases by different companies in other countries. Or maybe, and will not lead: of all four points, the thesis about business flights is the most theoretical.
Certainly, all these revelations of GS must be perceived through the prism of the professional activities of the experts themselves, specializing in mergers and acquisitions. Unlikely, what would they say about, that activity in this area is fading, for every sandpiper praises his swamp. But most of their arguments sound quite solid and justified..
We are interested in this news because, that the purchase of the company leads to an increase in the value of shares. This factor is often not the last one in our investments and reviews.. Therefore, GS revelations, even at a discount for their bias, this is rather good news for a variety of unprofitable startups and their shareholders. Now the probability of buying these companies is much higher., than a year ago.
Forgetful Joe - road warrior
US President Joseph Biden sets ambitious new goals for clean transport: to 2030 year in the USA at least 50% the cars sold will operate without emissions - that is, on hydrogen and electricity. Large automakers like General Motors, Ford and Stellantis backed the plan and promised, what to 2030 40-50% of their sales in the US will be electric cars.
Basically, they can say anything: all of these appeals are not considered legally binding. But still, this is a significant moment, if only because, that while electric cars are only 1% of the total number of cars in the USA. It is unlikely that companies would make such promises, if absolutely not going to take any action in this direction. Surely from all these actions, directly and indirectly, will fall to the manufacturers of electric cars - it is worth keeping in mind, that these plans imply the creation of the appropriate infrastructure.
Now in the USA there is only 104 thousands of electric charging stations. Furthermore, only 18% of them can charge the car in more or less acceptable terms - within an hour or less. These stations are located quite far from most of the country's population in more or less wealthy areas.. So only have 9,7% households in the United States have access to charging stations within 5 minutes walk from home.
This situation seriously reduces the potential for the introduction of electric cars.: Americans are forced to drive often and for a long time, so you can't do without a sufficient number of gas stations. So I would expect an increase in public and investor interest as companies., creating energy storage solutions for clean transport, so to those, who is working on the creation of a network of charging stations. For America, for the level of introduction of electric cars indicated by Biden, it is necessary to build at least 500 thousand charging stations for the next 9 years - in his opinion.
