DEL

Dell

US24702R1014

DELL

DELL

Hindenburg Research has several specific & intended accounting
errors at Super Micro Computer $SMCI (-0,88 %)

found. Hindenburg Research is a short seller fund, that investigatively focuses on companies that actively defraud or have violated laws.

I would like to explain in this post what the allegations are.

• Super Micro has already received revenue before the delivery of goods and for partial deliveries recognized. This practice is contrary to generally accepted accounting principles (GAAP) and can lead to an artificial inflation of revenue numbers.

• There are hidden transactions with the companies Ablecom and Compuwarethat are linked to the CEO of Super Micro and his brothers and his brothers. These connections were not properly disclosed, which could have transparency and integrity of the company's financial reporting, Hindenburg said.

• After settling previous SEC violations, Super Micro has reinstated executives involved in prior accounting scandals accounting scandals. This is a disregard for compliance.

• There are allegations that Super Micro circumvented internal controls in order to sales and profit margins to inflate sales and profit margins.

In addition to these accusations, Super Micro also has other problems which I will explain here.

• Loss of Tesla $TSLA as an exclusive customer was a major backlash. Tesla was an important customer and has reduced its dependence on Super Micro and instead signed significant contracts with Dell
  $DELL instead, according to reports from May
  2024 and statements by Elon Musk emerged.

• Super Micro admits that large tech companies, such as Amazon and Digital Ocean, are hardly represented anymore. Amazon has terminated the collaboration due to delivery problems terminated. Digital Ocean has also turned its back on Super Micro and joined Dell switched to Dell.

What's more, the quality of some products is poor.

• Genesis Cloud is described on the Super Micro website as a "success story" but both current and former employees report disastrous technical experiences.

• GMI Clouda start-up provider in Asia and the USAreported an error rate of 17,5% for its orders of 256
  Super Micro servers and after less than a year switched to HP $HPQ (+0,45 %) .

• An employee of NexGen Clouda Nvidia
  $NVDA (+3,67 %) partner, reported that up to 50% of the Super Micro orders received from Super Micro firmware problems had firmware problems.

• Several former employees and channel partners have confirmed that the poor after sales service of Super Micro is preventing the company from retaining customers. One former salesperson described service as the company's Achilles heel.

Adobe is behaving very volatile, I have the feeling that it really wants to go up. Do you think the share price will develop in a similar percentage after the end of the quarter as Dell?

$ADBE (+2,84 %)
$DELL

#boersengehandelteralltag

Hello stockbrokers,

today I show you my stock exchange traded everyday life, although I was not nominated xD.

In the morning I get up and have a pleasant breakfast. After that I get ready in the bathroom with the products of $PG (-1,94 %) & $null

After that I go to school with my bike or with a $BMW (+0,81 %) to school, since I am just finishing my high school diploma. At school I work with the products of $AAPL (+2,87 %) among others.

At five o'clock I start to work, here I sit down at my computer with components from $INTC (+1,29 %) & $NVDA (+3,67 %) as well as with monitors from $DELL and a keyboard from $1337 and a mouse from $LOGN (+0,79 %)

Here I mainly use the software from $MSFT (+1,09 %) & $GOOGL (+0,99 %) back.

Lastly, I do sports, with products from a French group.

#aktie
#aktien
#investieren
#dividende
#dividenden
#finanzen
#geld

#boersengehandelteralltag

Exchange traded daily sales

A few have noticed it I have reoriented myself and changed my job. @Koenigmidas therefore it took a little while.

The daily km scrubbing in the field service (80tsdkm/year) belongs for the time being to the past and that is also good so.

So after 2.5 months of vacation new everyday life:

6 o'clock

Wake up the kids (in my case the kids wake me up 😂)

Make breakfast, prepare snack,

Off to kindergarten and off we go.

With the small but fine

Suzuki $MARUTI 🚗

Or the bike 🚴or on foot 👟( am already a bit older and swear by

$ADS (+1,79 %) )

it goes on us office.

Arrived at the desk

$DELL boot up, operating system

$MSFT (+1,09 %) Microsoft starts.

Autostart loads with all required Office programs from Microsoft as well as ERP from the cloud. Sorry no IT nerd does not ask me what all this is in the background😅 it works.

After that, first time tour of the "fresh warehouse" and see what delicious fruits and vegetables are now in our warehouse.

So far except

$DOLE (+0,13 %) Bananas

Still nothing stock discovered.

On the way back through the freezer and through the dry warehouse, however, there meets the how is how of the food industry.

Feels all major corporations are represented here and fill the high shelf warehouse with really damn tasty products and ingredients

$NSRGY (-0,88 %) Nestlé

$UL (-0,43 %) Unilever

$KHC (-1,09 %) Kraft Heinz

$K (-0,26 %) Kellogs

etc. Impossible after you short time all to reproduce because here a total of about 50tsd products are available.

Back at my workplace

Phone calls every minute, orders by fax and from the webshop as well as e-mail are processed by our team of sales people all day long.

At some point closing time (varies from 5pm to 9pm).

On the way home, I'm lucky enough to see our delivery fleet of about 50 trucks from

$DTG (+3,7 %) Daimler truck

$MANC MAN SE.

All drivers should have returned and tomorrow morning at 2 o'clock again fully loaded thunder to the customer.

When the household chores are done. Feierabend cool blondes and getquin start to look at what you have done so for nonsense.

In this sense, the next time you visit a restaurant, think of me. Possibly the goods have been sold there by me and others to the customer😂.

But hereby duty fulfilled💪

Nomination for another episode

@DividendenWaschbaer , @Divmann

@christian and all on getquin!

Now also a stock exchange traded everyday life from the view of a gynecologist.

When I get up in the morning, I first take my Dreamlens from MPG&E out of my eyes. These are hard contact lenses that you have to wear at night and then during the day WITHOUT ANYTHING have a visual acuity of 110% (in my case). I usually have minus 5.5 - and glasses and mask - you know the fuss. Unfortunately, I have found no share at all, but still did not want to withhold MY discovery of 2021.

But now really further... with my $MBG (-2,54 %) V-Class I drive half an hour to the MVZ practice in Berlin-Lichtenberg.

Arrived there my consultation nurse already has the $DELL PC and my bluetooth $LOGN (+0,79 %) Keyboard + mouse up.

My ultrasound machine is leased from $SMSD (-0,89 %) Samsung and makes really good pictures. I love ultrasound almost as much as laparoscopy, but since currently only the former is possible in the outpatient area, I greet my sono every morning with a hug.

My gynecological chair and colposcope manufacturers (the lamp for the gynecological examination) have unfortunately not yet made it to the stock market; but I have a sharp view thanks to the table microscope from the good Carl Zeiß. $AFX. (+0,38 %)

To get results from the examination, smear systems are needed. One of them is the "ThinPrep" a fine rubber brush, manufactured by Hologic $HOLX (+0 %) and is said to be particularly good at finding precancerous lesions.

Then it's on to the medications, because you have to deal with the pharmaceutical industry here, the range of contraceptives alone is almost endless, closely followed by the little helpers in the menopause.

The Gardasil vaccine against cervical cancer is manufactured by Sanofi-Pasteur. $SAN (+1,12 %) manufactured. If I have a choice in creams and tinctures, I like to use German manufacturers like e.g. $BAYN (+3,44 %) (Bayer / Jenapharm) and I often tell the patients that there is not ALWAYS something from Ratiopharm $TEVA (-0,93 %) and that many complaints should first be tackled with lifestyle changes.

That's it for now - thanks for the attention!

#börsengehandelteralltag