$Alibaba(09988)$When market is full of negatives, fear it is always the best opportunity for long term investor..I always trust Berkshire's unique ability to spot gem when it is discarded by the short term emotional traders or investor. BYD is a classic example...of such gems pick upon by Berkshir..Baba would be a 3 to 5 baggers several years from now..
$Alibaba(09988)$Currently, traders are likely doing sell the rumours and buy when the result is announced. Investors are waiting to buy for long term, hopefully csn buy cheaper than Charlie..[Cool]
$Alibaba(09988)$Amazon trading at 12x book value,Baba at 2x book value, years from now, most would regret not investing long term in baba when it reach 10x to 12x book value.. My guess is that size of e-commerce, cloud, E commerce+ metaverse in whole asia would be 3x (US + Europe market) in 10 years..
Majority of the post here is bullish thatAlibaba will be around 140 to 200 by year end. Unfortunately, the majority is usually wrong.. I would think Baba is likely to range bound between 80 to 125 from July till Dec22.
$Alibaba(09988)$Milssiles and bullets are flying in Ukraine... Fear is gripping the market.. Buying opportunity for the brave who can stomach 10% to 20% downside..Who Dares Win..
Amazon trading at 12x book value,Baba at 2x book value, years from now, most would regret not investing long term in baba when it reach 10x to 12x book value.. My guess is that size of e-commerce, cloud, E commerce+ metaverse in whole asia would be 3x (US + Europe market) in 10 years..