Hints and tips:
...Kirk Boodry, a SoftBank analyst at Astris Advisory in Tokyo, estimated that proceeds from the Arm listing would be about $6bn, if it achieved a valuation of $50bn to $60bn at the initial public offering...
...“It was a solid quarter,” said Kirk Boodry at Astris Advisory....
...We didn’t expect them to take impairment charges for private investments and at a higher rate than the last quarter,” said Kirk Boodry, a SoftBank analyst at Astris Advisory in Tokyo, highlighting $2.9bn...
...It is a far different message than the super-positive one we have become used to hearing over the years,” said Kirk Boodry, analyst at Redex Research....
...Kirk Boodry, a SoftBank analyst at Astris Advisory in Tokyo, said it was natural for Arm to broaden its search for anchor investors, given the huge importance of a smooth IPO....
...Redex Research analyst Kirk Boodry estimated that losses continued to pile up in the quarter to the end of June, adding scrutiny to SoftBank’s high level of standalone debt, which he said nearly doubled...
...Boodry added that the main issue was the impact the IPO had on any SoftBank share buybacks, “as the Arm sale looked to be the primary source of new funds”....
...“Management expects China revenue to moderate going forward,” said Kirk Boodry, a SoftBank analyst at Astris Advisory in Tokyo....
...“SoftBank has been wanting to monetise Arm for years,” said Kirk Boodry, an analyst at Astris Advisory. “Arm is a quality asset, with punchy revenues and good margins....
...Kirk Boodry, analyst with Redex Research, said it would probably take time for market perceptions on SoftBank and its Vision Funds to improve, making it difficult for them to expand investments in the near...
...“In order to be more proactive and aggressive with investing, they need money,” Boodry said....
...Kirk Boodry, an analyst at Astris Advisory Japan, said SoftBank was unlikely to go back on the offensive while central banks worldwide were still raising interest rates to control inflation....
...Kirk Boodry, a tech analyst at Redex Holdings, said the probe into Didi raised fresh questions about the Vision Fund’s other big investments in China, such as TikTok parent company ByteDance....
...Kirk Boodry, a Redex Research analyst writing on the Smartkarma platform, said SoftBank’s investment losses over the past two quarters had left the two Vision Funds roughly where they were two years ago...
...included Singaporean ride-hailing company Grab, US food delivery firm DoorDash and Indian payments group Paytm, which together lost close to $5bn over the quarter, according to Redex Research analyst Kirk Boodry...
...SoftBank’s shares rose 12 per cent the day after Son’s presentation, but Boodry said that the optimism could be premature....
...“The performance of the Vision Fund is obviously going to have influence on what the top executives are being paid,” said Kirk Boodry, analyst with Redex Research....
...Boodry said he was surprised the SoftBank leader was only talking about slowing investments and doing more due diligence now: “Maybe, like, you should always be doing that?”...
...Kirk Boodry, a tech analyst at Redex Holdings, said the deal was in line with SoftBank’s past robotics efforts, although the size of the investment stood out....
...“SoftBank has been touting [the] Vision Fund’s IPO flywheel, and four of the last six listings have been Chinese, but that will fade as the reality of China’s crackdown sinks in,” Kirk Boodry, a tech analyst...
...Pointing to reports that Vision Fund-backed Mapbox is in talks to go public by merging with a Spac backed by SoftBank, Boodry said: “They said the Spacs [are] not about Vision Fund companies going public...
...Kirk Boodry, a tech analyst who publishes research on Smartkarma, said the deal gave SoftBank better options on its equity stakes though with lower upfront cash proceeds....
...“This is a lot of exposure to tech that we don’t know about everyday,” said Kirk Boodry, a tech analyst at Redex Holdings....
...Instead, Kirk Boodry, a tech analyst at Redex Holdings, says the biggest beneficiary of rising spending on handsets has been Apple, which introduced its iPhones to Japan in 2008....
...“You had a record amount of quantitative easing and access to liquidity pushing the market over the past four months,” said Mr Boodry, who publishes on research platform Smartkarma....
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