Daily Brief TMT/Internet: Meituan, Bilibili Inc, ATRenew, Netgear Inc, Hon Hai Precision Industry and more - Smartkarma

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ATRenew: A Turnaround Story With Material Increase successful Profit Margins + Remaining Share Buyback

By Douglas Kim

  • ATRenew (RERE US) is 1 of the stocks successful China that is starting to look precise charismatic aft a crisp diminution successful its stock terms since its IPO.
  • ATRenew has achieved noticeable improvements successful operations and profitability successful the caller quarter.
  • Our basal lawsuit valuation investigation suggests an implied marketplace headdress of US$720 million, representing an implied terms of US$3.15 per share, representing an upside of 43% from existent price.

NTGR: Routing Thru Investor Day

By Hamed Khorsand

  • NTGR held its yearly capitalist time reflecting connected the challenges it has incurred wrong retail and highlighting however user request has remained beardown for high-end devices and its 5G hotspot
  • NTGR’s banal has been trading astatine levels valuing the Company adjacent its moving superior connected fears the concern would proceed to make losses
  • NTGR’s modulation successful becoming a super-premium marque started implicit a twelvemonth ago, but lone successful caller quarters has it began to instrumentality a bigger relation connected the consumer 


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