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Tires are for roads - BusinessWorld Online

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Accelerating Digital Transformation at Asia Forum


Accelerating Digital Transformation in a Post-COVID World, from July 13-15, 2021, witnessed record-breaking registrations of over 2,500 delegates for the two language tracks – Japanese and English.
Collaboration between ARC’s India, Japan, China, and SEA teams ensured the success of the Asia Forum that featured 45 executive speakers (including four from ARC) in the English track from several industries to share their experiences in digital transformation, smart manufacturing, smart cities, and Industry 4.0. This three-day virtual forum provided end users, solution providers, and decision makers an opportunity to learn from each other and get an overall view of the rapidly changing market requirements. For the last several years, the core theme across all ARC global forums has been digital transformation. ....

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Even With This Drop Luminar Stock Is Astoundingly Overpriced


Even With This Drop Luminar Stock Is Astoundingly Overpriced
InvestorPlace
12/21/2020
Given the very high valuation of
Luminar (NASDAQ:
© Provided by InvestorPlace
A finger hovering over an autonomous drive button.
At this point, I recommend buying the shares of Luminar’s more attractive competitor,
Velodyne (NASDAQ:
VLDR), instead of LAZR stock.
Luminar has perhaps the highest valuation I’ve ever heard of for a company that’s already generating revenue; the shares are trading at 217 times the company’s own 2021 sales estimate.
Even based on Luminar’s likely very optimistic 2025 sales estimate of $537 million, which assumes that its revenue soars 55 times in just five years, the shares sport a hefty price-sales ratio of 10.5 times. And, despite these very high valuations, Luminar doesn’t expect to generate positive EBITDA until 2024. ....

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