Value investing

toss Viva Republica, operator of internet-only Toss Bank, announced Thursday it received 300 billion won ($230 million) in investments this month. The investors include California-based venture capital firm Altos Ventures and the state-run Korea Development Bank. They invested 100 billion won each. Kwangju Bank and Mirae Asset Securities also pitched in, along with an undisclosed number of other investors. Viva Republica said it is scheduled to receive another round of investments that could total 400 billion won in August. The company said its corporate value was evaluated at 8.5 trillion won when the investment decision was made. Its corporate value was 8.2 trillion won in June, according to Viva Republica. On the same day, Viva Republica said it signed a stock sale contract to acquire a 100 percent stake of Merchant Korea, a mobile virtual network operator that deals with budget phone plans. The acquisition is planned to facilitate in allowing its app users to open a … [Read more...] about Viva Republica receives ￦300B in investments this month

- A + A KUALA LUMPUR (Aug 9): Perbadanan Nasional Bhd (Pernas), who is suing Serba Dinamik Holdings Bhd's managing director Datuk Dr Mohd Abdul Karim Abdullah and two former senior executives of the oil and gas services outfit's subsidiaries to claim the return of RM46.49 million over a share investment that went bad, has applied for a summary judgement against the trio. It filed the application on Aug 1 through Messrs Azmi & Associates, claiming that the defendants' defence has no merit, and that there are no longer triable issues to be decided by the court. Pernas, a Minister of Finance Inc (MOF Inc)-owned company with the mandate to lead the development of Malaysia's franchise industry, initiated the lawsuit in May. The two other defendants named in the lawsuit are Rosland Othman and Rosli Hamat. Rosland was previously senior vice president (special project) under Serba Dinamik Group Bhd (SDGB), while Rosli was senior VP (investment) of Serba Dinamik … [Read more...] about MOF Inc-owned Pernas seeks summary judgement in RM46 mil lawsuit against Serba Dinamik MD, two former execs

Startup founders need every tool at their disposal to successfully launch and grow their businesses. One of those tools is a clear understanding of how the licensing business model can be employed to support their goals , including speed to market and filing intellectual property that is attractive to investors. The concept of licensing has been around for a very long time. The inventor of the first patented technology -- Samuel Hopkins, in 1790, for a new method of manufacturing potash and pearl ash -- licensed it to a local businessman the next year, says historian Arthur Daemmrich at the Lemelson Center for the Study of Invention and Innovation. Basically, one party (the inventor or artist) grants another party (typically a company) the right to produce and sell something they created. As far as I can tell, most startup founders aren't very familiar with the concept of licensing a product onto the market. Venturing -- the traditional method of bringing a … [Read more...] about The Benefits of Licensing for Startups.

To become truly successful at licensing your new product ideas, you must know the industry you're inventing for like the back of your hand. There's no better way of getting to know an industry than by attending its annual trade show. Between the cost of transportation, lodging, and food, it's true that expenses quickly add up. Plan ahead, because there are numerous benefits. In my opinion, these are among the most significant. 1. The inspiration you receive from checking out the new innovation. I can almost guarantee that you will walk away with new ideas for products. Trade shows are exhilarating! You will feel reenergized. 2. Face-to-face meetings. When you can connect with people in your industry with the click of a button over LinkedIn, does meeting in person still have value? Even more, I'd argue. If your goal is to build a long-term working relationship that benefit both parties, there is simply no replacement for shaking someone's hand and looking them in the … [Read more...] about 7 Reasons Product Developers Should Attend Trade Shows

If you're serious about bringing your ideas for products to market, you should absolutely attend trade shows. They're always eye-opening. The only way to truly understand the mechanics of any industry is by attending its trade shows. One guarantee? You'll be overwhelmed. I've attended all kinds of shows over the course of my career as a product developer , including toys, back-to-school, pet, housewares, hardware, electronic, promotional, music, and more. Checking out the latest innovations and making new friends at a trade show never fails to inspire me. But I've also wasted a lot of time attending the wrong shows and not having clearly defined goals. When you're starting out, it's especially important that you make good decisions. Your resources are limited! Preparation is key. At trade shows, I meet inventors who have spent years and tens of thousands of dollars getting ready to show their product to the world. They've paid for a booth and now today's the big … [Read more...] about What Inventors Need to Know About Trade Shows

Share to Twitter Share to Linkedin Both oil and gas exported from Russia bring in significant revenue that can be used to support the Russian war in Ukraine. But the export revenue from oil sales is much greate r than export revenue from gas sales. If the West stops buying oil this really hurts Russia – more than if the West stopped buying gas. Back in May, the EU agreed to ban all Russian oil imports by the end of 2022, at least those that are delivered by sea. That was a good move. Russia threatens to cut gas supplies to the European Union. Russia has realized that cutting natural gas doesn’t affect their export revenue (like oil does) but it affects the economies of EU countries a lot more. Russia supplied the EU with 40% of its gas last year , with Germany, Italy, and Netherlands the top three importers in actual volumes of gas. Germany had imported more than 50% of its gas from Russia via the Nord Stream 1 pipeline. By the end of June, … [Read more...] about Russia Threatens, EU Reduces, US Industry Helps To Untangle The Natural Gas War In Europe.

Share to Twitter Share to Linkedin Signet Jewelers, one of the world's largest fine jewelry retailers, said Tuesday that it has signed an agreement to acquire online fine jewelry retailer, Blue Nile, Inc., for $360 million in an all-cash transaction. Signet, in a statement, says Blue Nile delivered revenue of more than $500 million in calendar year 2021. Signet Jewelers , based in Akron, Ohio, currently owns the jewelry brands, Kay Jewelers, Zales, Jared, Banter by Piercing Pagoda, Diamonds Direct, JamesAllen.com, in the U.S.; Peoples, H. Samuel, Ernest Jones in the U.K.; and the jewelry subscription service, Rocksbox Calling it a “strategic acquisition,” Signet in its statement says that adding Blue Nile to its portfolio “accelerates Signet's efforts to expand its bridal offerings and grow its ‘Accessible Luxury’ portfolio while extending its digital leadership in the jewelry category.” The company adds that Blue Nile’s customer base is younger, more … [Read more...] about Signet Jewelers To Acquire Blue Nile For $360 Million In Cash

Share to Twitter Share to Linkedin Exclusive tours of the paddock area to see the horses saddled and the jockies getting ready are a ... [+] very up close and personal experience you can enjoy when doing the Derby in style. With one of the strongest fields and most exciting finishes in Kentucky Derby history, the 138th “Run For the Roses,” set an all time attendance record at Louisville’s Churchill Downs, with over 165,000 there in person to see I’ll Have Another take the crown. As I noted yesterday, the crowd was a mix of veterans who come every year and wouldn’t miss the race for anything and first timers – most of whom now join the ranks of the regulars and will return, having been converted by what is arguably the best sporting event to attend live in this country. The Kentucky Derby, coupled with the Kentucky Oaks held the day before, is two full days of fun, excitement, history in the making, tradition, fancy dress, hats, drinks, food … [Read more...] about Start Planning For 2013 Kentucky Derby Now

- A + A SINGAPORE (Aug 9): Cryptocurrency investment is "highly hazardous" but meltdowns in the sector have not created financial-stability risks for Singapore, regulators in the city-state said after another digital-asset firm ran into trouble. The Monetary Authority of Singapore (MAS) has rescinded its in-principle approval for crypto lender Hodlnaut to obtain a licence to provide digital payment token services under the Payment Services Act, an MAS spokesperson said in an emailed statement on Tuesday. That came after Hodlnaut told MAS of its intention to withdraw its application amid its halt in customer withdrawals announced on Monday. It had been one of the few firms granted in-principle approval by MAS under the Act. "MAS has been continually reminding the general public that dealing in cryptocurrency is highly hazardous," the regulator's spokesperson said in response to an inquiry about Hodlnaut's situation. "Not only are the values of cryptocurrencies … [Read more...] about Singapore regulator reiterates crypto dangers amid Hodlnaut woes

Mining firms heaved a huge sigh of relief following Malacañang’s policy pronouncement that the government will ramp up the development of the industry to shore up the economy. Miners in Zambales, in particular, must have also felt vindicated by the recent audit conducted by the Mines Geosciences Bureau (MGB) that they passed with flying colors. According to reports, these mining companies—Benguet Corp. Nickel Mines, Eramen Minerals Inc., LNL Archipelago Minerals Inc. and Zambales Diversified Metals Corp.—got an aggregate score of 97.86 last year from 93.07 the previous year. They were assessed for safety and health, environment and social development management performance. Veteran stockbroker and now Eagle Securities senior consultant Den Somera told Biz Buzz that the Marcos administration’s policy is most welcome. “The industry has suffered immeasurable losses because of the successive shutdowns,” he said. “I hope that the present government will follow through with this … [Read more...] about BIZ BUZZ: Awaiting Marcos’ mining moves