Alfred Gray

Banks granted mortgages worth CZK 150 billion last year, down by a quarter year-on-year.

- Banks and building societies granted mortgage loans worth CZK 150 billion last year, down by almost a quarter year-on-year. New loans excluding refinancing amounted to CZK 124 billion. Interest rates continued to fall in December, dropping from 5.67 per cent in November to 5.65 per cent,...
Read more

$IIPR INTERESTING BUSINESS AND DIVIDEND

- $IIPR offers an attractive dividend yield of 7.6% and is a pioneer in cannabis real estate investing.

- The legalization of cannabis in the U.S. represents a potential growth opportunity for this company, and its long-term leases provide predictable income.

- Despite the recent market turbulence, IIPR continues to build its cash flow and...
Read more

INCREASED LOSSES AT ELECTROLUX

- Electrolux, the second-largest appliance maker, posted an increased loss in the fourth quarter due to high costs, strong price competition and weak demand in North America.

- The operating loss for the quarter is estimated at about 3.2 billion kronor ($311 million), compared with a loss of 2 billion kronor in the same period last year.

- Electrolux...
Read more

KAUZA BOEING

https://www.novinky.cz/clanek/ekonomika-boeing-priznal-ze-muze-za-vypadnuti-kusu-trupu-za-letu-40456720

What is your opinion on this case? Will it/ won't it affect the share price or operations of $BA

ARGOBLOCKCHAIN AND SHARE ISSUANCE

- Argo Blockchain PLC, a leading cryptocurrency miner, has successfully raised £7.8 million (US$9.9 million) from institutional investors.

- The funds were raised through the issuance of new ordinary shares and will be used to strengthen working capital, reduce debt and support other corporate initiatives.

- The new shares will be floated on the...
Read more

BITCOIN AND POTENTIAL PRICE GROWTH

After a decade of rejection, the US Securities and Exchange Commission (SEC) is poised to rule on bitcoin exchange-traded fund (ETF) trading. If approved, the ETF will be offered by 13 companies including BlackRock.

Furthermore, investors are eagerly awaiting the upcoming bitcoin halving, which has driven significant price increases in the past....
Read more

INFLATION IN THE EURO AREA

Inflation in the euro area reached 2.9% last month, partly due to German subsidies on heating bills. However, core inflation has been falling and is currently at 3.4%. The European Central Bank (ECB) is therefore maintaining a cautious stance on interest rate adjustments, suggesting that any rate cut could be delayed until mid-2024. The ECB's base rate...
Read more

ČSOB'S ESTIMATE OF MORTGAGE VOLUMES FOR 2023

Banks in the Czech Republic granted mortgages worth CZK 138 billion last year, 25 billion less than in 2022. The volume of loans from building savings fell by CZK 20 billion to CZK 34 billion.

The group estimates that prices of apartments and houses fell in the fourth quarter of last year, while land prices rose.

Do you think there will...
Read more

OUTLOOK FOR UBER

Financial services firm Wells Fargo named UBER $UBER stock one of its top picks for 2024.

Despite high marketing costs, it believes that revenue and EBITDA will be able to offset these costs. In addition, Wells Fargo believes that UBER has enough capital to buy 20% of its market capitalization over the next 3 years.

The company expects $UBER to disclose its...
Read more

TESLA $TSLA AND SWEDEN

Sweden has seen a 9% year-on-year increase in registrations of $TSLA cars compared to 2022, despite union action against the carmaker.

Market share in the country also rose from 4.6% to 6.1%.

How do you think this company will do in 2024 with their car sales?

Greetings in the new year 2024 investors,

I'm honestly very curious to see how the stock markets will do this year, but also the mortgage and real estate markets and the overall macroeconomic segemnt.

But we also have cryptocurrencies that I would like to ask you if you are following them and how do you think bitcoin or ETH in particular will perform in 2024?

Let's all be green...
Read more

REDDIT IPO

2024

IPO date

15 billion USD

Potential valuation

Amount raised for IPO

Unknown at this time

Share price

Share price range not yet known

Reddit and IPO:

Reddit originally had a planned IPO in the spring of 2023.

IPO Plan Issues:

Poor results from other IPOs, high interest rates and resistance from investment giant Fidelity have complicated plans.

Reddit valuation:

Reddit was valued...
Read more

BYTEDANCE SALES AND EXPECTATIONS FOR 2024

ByteDance 2023 Revenue:

ByteDance, the parent company of TikTok, has reported 2023 revenues in excess of $110 billion.

Growth over Tencent:

ByteDance has potentially surpassed its main competitor Tencent Holdings Ltd. in revenue.

E-commerce:

ByteDance's growth is linked to its success in e-commerce, even though the economy has declined.

Growth...
Read more

IPO BY EPIC GAMES

Epic Games' IPO is expected to take place probably in 2024

Potential valuation

$30-32 billion

Amount raised for IPO

Not yet known.

Will you be interested in the IPO of this game development giant or will you just follow the development of this IPO?

INFLATION IN THE CZECH REPUBLIC NEXT YEAR

Inflation in the Czech Republic next year:

Inflation in the Czech Republic is expected to fall next year, although it will fall short of the CNB's 2% target.

Impact of low price growth on wages:

Low consumer price growth is expected to lead to a recovery in real wage growth.

Economic recovery after the downturn:

This increase in wages could...
Read more