MaDLabbit
07-06 06:26
$BIDU-SW(09888)$  $BIDU-SW(09888)$  Baidu overly undervalued. P/B of 0.97 and forward PE of below 15. Considering it is a profitable busniness and going to IPO it AI chip business of Kunlun Ai, I think the negative sentiments of Baidu is over and the rebound have started. While I did not add more during this down turn, I did hold on and did not give up on Baidu as I think there are great opportunities and highly undervalued. Have you sold your Baidu or you are holding like me?
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Comments

  • ChrisColeman
    07-06 13:12
    ChrisColeman
    0.97 PB for a profitable business still makes no sense. I'm holding too — why is the market pricing Baidu below book?
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