What up Stoney.... Hey this isn't the same analyst that said LMND would lose 90% soon when it was $115 is it? What was his name? I thought it didn't last on surfaces... must be the new Brit strain eh? Boris flu? Brexflu? If Trump wasn't so busy with other things I'm sure he'd come up with an endearing nickname for it. I see your boy Cuomo is going to start up a bunch of instant testing places in NYC so folks can go eat inside somewhere. So I'll need a test to pay too much for dinner in the city? No big brother there. I wonder when he'll apply that to EZ Pass. He better call Palintir. Hey I didn't watch that video, did Yulia make the top ten? And what is the girl in the Cleopatra bikini holding? Is that a javelin or the pole-vault thing? Ok, I've got an IPO for ya.... $DRVN Driven Brands. Think Meinke Muffler and a bunch of other of those rip-off auto repair operations. "Maam, I couldn't sleep at night if I let you leave our shop with those brakes". It's going to be a very low float deal I think. More to follow on this one.
TRADEMARKS, TRADE NAMES, AND SERVICE MARKS We use various trademarks, trade names and service marks in our business, including ABRA®, CARSTAR®, DrivenBrands®, Fix Auto USA®, IMO®, MAACO®, Meineke®, PH Vitres D’Autos®, Spire Supply®, Take 5 Oil Change®, Uniban® and 1-800-Radiator & A/C®. _______________ Gummy Break 1-800 radiator lol?! _________________ DRIVEN BRANDS’ OVERVIEW Driven Brands is the largest automotive services company in North America with a growing and highly-franchised base of more than 4,100 locations across 49 U.S. states and 14 international countries. Our scaled, diversified platform fulfills an extensive range of core consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash. Driven Brands provides a breadth of high-quality and high-frequency services to a wide range of customers who rely on their cars in all economic environments to get to work and in many other aspects of their daily lives. Our asset-light business model generates consistent recurring revenue and strong operating margins, and requires limited maintenance capital expenditures. Our significant free cash flow generation and capital-efficient growth results in meaningful shareholder value creation. Our diversified platform of needs-based service offerings has delivered twelve consecutive years of positive same store sales growth including throughout the Great Recession, and from 2015 to 2019 we grew our revenue and Adjusted EBITDA at a CAGR of 37% and 22%, respectively. We have a portfolio of highly recognized brands that compete in the large, recession-resistant and highly-fragmented automotive care industry, which was estimated to be a $300+ billion market in the U.S. in 2019, and has exhibited favorable long-term growth trends. Our U.S. industry is underpinned by a large, growing car parc of more than 275 million vehicles, and is expected to continue its long-term growth trajectory given (i) consumers more frequently outsourcing automotive services due to vehicle complexity; (ii) increases in average repair costs, (iii) average age of the car on the road getting older, and (iv) long-term increases in annual miles traveled. Outside of North America, our international business has a proud 55-year history providing express-style conveyor car wash services across Europe and Australia. Our network generated approximately $600 million in revenue from approximately $3 billion in system-wide sales in 2019. Including ICWG for 2019, our network would have serviced 50 million vehicles across a diverse mix of customers, with approximately 50% of our system-wide sales coming from retail customers and approximately 50% coming from commercial customers such as fleet operators and insurance carriers. Our success is driven in large part by our mutually beneficial relationships with more than 2,500 individual franchisees and independent operators. Our scale, geographic breadth, and best-in-class shared services provide significant competitive platform advantages, and we believe that we are well positioned to increase our market share through continued organic and acquisition growth. The Driven Brands’ platform enables our portfolio of brands to be stronger together than they are apart. We have invested heavily in the creation of unique and powerful shared services, which provides each brand with more resources and produces better results than any individual brand could achieve on its own. Our locations are strengthened by ongoing training initiatives, targeted marketing enhancements, procurement savings, and cost efficiencies, driving revenue and profitability growth for both Driven Brands and for our franchisees. Our performance is further enhanced by a data analytics engine of approximately 18 billion data elements informed by customers across our thousands of locations at every transaction. Our platform advantages combined with our brand heritage, dedicated marketing funds, culture of innovation, and best-in-class management team have positioned us as a leading automotive services provider and the consolidator of choice in North America. _________________________________________________ Driven Brands is offering 38,000,000 shares of its common stock. The initial public offering price is expected to be between $17.00 and $20.00 per share. Driven Brands intends to list its common stock on the Nasdaq Global Select Market under the ticker symbol “DRVN.”
I stopped watching after No 4. There's Anastassia and there's the rest.-- Do you believe in Dogs Of Dow- like theories or Dogs are always Dogs.-- This Switch has been a horror show... I could see this flipping worst to first....
I love this part: DILUTION Purchasers of the common stock in this offering will experience immediate and substantial dilution to the extent of the difference between the initial public offering price per share of our common stock and the net tangible book value per share of our common stock after giving effect to this offering. Pro forma net tangible book value per share represents the book value of our tangible assets less the book value of our total liabilities divided by the number of shares of common stock then issued and outstanding. ---------------------------------------- A picture's worth a 1000 gummies: _________________________________
Chardan doubles Synlogic target to $10, names top 2021 pick 08:30 SYBX Chardan analyst Gbola Amusa raised the firm's price target on Synlogic to $10 from $5 and keeps a Buy rating on the shares. Synlogic, trading at a 13% discount to cash, is not priced for the potential of its three "possible and different" clinical-stage readouts in 2021, Amusa tells investors in a research note. The analyst made the company a "Chardan Top Pick for 2021." Though the stock traded down on the failure of SYNB1020 in cirrhosis, that asset faced two issues: whether SYNB1020 can modulate a toxic metabolite, and whether modulating the toxic metabolite matters, says Amusa. For current Synlogic's metabolic assets, the biology is relatively well understood, so that only the first issue is a main controversy for 2021, the analyst adds. Amusa believes Synlogic has a "differentiated" genetically-engineered live biotherapeutic product platform to improve clinical outcomes in target areas of oncology and disorders of metabolism.
Yikes almost missed this I flagged this last night... BEVERLY, Mass.,Jan. 12, 2021/PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, today provided updated financial guidance for the fourth quarter of 2020. The Company expects revenue for the fourth quarter of 2020 to be approximately$120 million, above the$110 millionprior guidance. Gross margin of approximately 43% is up from the previous gross margin guidance of 41%. As a result, the Company expects earnings per diluted share of approximately$0.32, up from the previous guidance of approximately$0.21. Cash will be greater than$200 million.
Axcelis Technologies, Inc. (ACLS)- $31.63+0.86 (+2.79%) At close: January 12 4:00PM EST $33.69+2.06 (6.51%)<------- Before hours:7:06AM EST
ALRIGHT ACLS IS A GUMMY OF HE DAY!!! I would start with this one let it retrace and get in there for--> Axcelis price target raised to $43 from $40 at B. Riley Securities