DreamZ85
05-23
$Alibaba(BABA)$  WTH a company with so much cash flow now down to selling bonds!!!!! To get money to do share buyback. Come on if don't have money dont give dividends keep it and use it for other purposes to improve your co cash flow.
BABA vs. PDD: Which Company is Your Pick?
Pinduoduo rises 5% after earnings beats. Revenue for Q1 2024 was 86.81 billion yuan, an increase of 131% year-over-year. It exceeds the market expectation of 75.6 billion yuan. Alibaba and Pinduoduo both has a relatively low P/E. But it's very hard to bet on Chinese stocks. Alibaba declines 3% as it is considering selling convertible bonds to raise $5 billion. ------------- If you want to buy China's e-commerce company, which is your pick?
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Comments

  • Longeva
    05-23
    Longeva
    This stock is a scam , no reason for them trade at 20 pe when u have 60B cash why u issue convertible bonds to liquidate shareholder value further , there balancehaeet is like spilled over noodle they are everywhere this quartwr thye posted a prodit clsoe to 0 saying inveatment mtm losses nobody know what is that investment fang is bettwe than this guys
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