Cash scramble – Greenback King.
Great bargains to be had. The US dollar has become the most desired monetary instrument surpassing traditional safe havens like US Treasuries and even Gold...
Uber – Boon for bikes.
Bikes and scooters likely to fare better. When the crisis is past it is quite possible that the asset-sharing industry will fall victim to virus-phobia...
Tencent Q4 19 – Scant data
Tencent gives little relief from virus uncertainty. Tencent reported good Q4 19 results but with all eyes focused on the economic impact of Covid-19 on...
SoftBank – The domino effect
ERRATUM: Corrects previous version which incorrectly stated that SoftBank has $2.8bn in cash (Q4 19) when the correct figure is $35.9bn. SoftBank goes into cash...
Amazon & Alibaba – Pair trade?
Similar companies, different issues Amazon is going to suffer from all of the same problems that Alibaba has but is in a better position to...
Covid-19 – Liquidity preference
The biggest risk is a credit crunch. For the next few months, cash is going to be the single most important factor as only cash...
Airbnb – Perfect storm
No IPO but no chapter 11 either. The perfect storm of a large ramp in spending just as the Coronavirus kills its bookings are going...
Magic Leap – Mythical numbers
Magic Leap will be very lucky to sell for $1bn. Magic Leap is exploring its strategic alternatives which in English means that it has run...
Covid-19 – Short but sharp.
4 of the G7 could follow China & Italy. As with most infections, it is not the pathogen that does most of the damage but...
About Me
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
Cash Scramble pt. II – Desperate measures.