JohnL
2023-03-30

It is still undervalue after surging 14%. 

BABA has tonnes of cash, so it will not be impacted by the credit squeeze world wide. 

I am not sure if the 25b buyback will continue given the latest strategic direction.

My personal target price is 150, which is merely 50% of its heyday price. May the force be with all of us in the same boat! 

Are Bullish on Alibaba Cloud Unit Spinoff?
Alibaba Group chairman and CEO said the cloud business, one of the company’s most important growth engines, will be listed in 12 months. ------ How will the spinoff of cloud unit and possible IPOs of Cainiao and Freshhippo affect Alibaba's share price? Will you bottom Alibaba after it fell to $85 yesterday?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • bobotrader
    2023-03-30
    bobotrader
    nice thanks for sharing
  • CYKuan
    2023-04-09
    CYKuan
    thanks for sharing
  • ReneS
    2023-03-30
    ReneS
    👏👏👏👏👏👏👏👏👏
  • Kok Weng
    2023-04-02
    Kok Weng
    [Cool]
  • Cklew
    2023-04-02
    Cklew
    [Like]
  • ee244c
    2023-04-02
    ee244c
    Ok
Leave a comment
32
3