SteveWatson
SteveWatson
No personal profile
0Follow
69Followers
0Topic
0Badge
avatarSteveWatson
07-13 19:53
$BABA-W(09988)$ Alibaba could see a significant return on its $1.1 billion investment in CXMT if the chipmaker's upcoming large-scale IPO goes well. The potential upside being discussed is substantial.
avatarSteveWatson
07-13 19:05
$BABA-W(09988)$ Things are looking up. The Snow Clown is calling for another up day.
avatarSteveWatson
07-13 10:07
$BABA-W(09988)$ Cathy Wood's investment in BABA is bouncing back. She's a very smart investor.
avatarSteveWatson
07-13 09:20
$BABA-W(09988)$ A good sign for this to hold 115 would be the Hang Seng holding 24,400. I'm hoping the Hang Seng can turn from red to green and hold gains this time, which would be an action of strength.
$BABA-W(09988)$ I added 75 more shares of BABA at $109 recently, bringing my total position to 530 shares with an average cost around $103.
$BABA-W(09988)$  The view that the low point may be behind us and that a substantial upward trend could be near is being reiterated.
$BABA-W(09988)$  I'm still holding, maybe even adding more. Buying below 120 looks like a decent bet a year out, at least from where I stand.
$BABA-W(09988)$  The Hang Seng is doing the heavy lifting right now. It needs to hold above 24,300. If it can close at 115.30, that would fill the gap from June 10th.
$BABA-W(09988)$ It's moving toward $200 pretty quickly. Could get there by next week.
$BABA-W(09988)$ The primary drag on BABA's earnings over the last three quarters has been the substantial losses from their quick delivery segment. If management's commentary suggests those losses are improving faster than initially projected, it could indicate the government's regulatory push to phase out subsidies is having an effect. Meanwhile, their cloud and AI business continues to show solid growth. From where I stand, a move back toward the $190 level by year-end seems like a reasonable possibility.
$BABA-W(09988)$  BABA made a nice move. I'm not holding BABA directly at the moment, but I do own 2,000 shares of KWEB, which includes BABA and other leading Chinese tech companies. I'm not planning to sell. Looking forward to the $6,000 dividend this year and in the coming years, letting the compounding work over the long term.
$BABA-W(09988)$ It's one of the biggest underdogs and most undervalued plays in the AI and cloud services era. I think it has the potential to really move.
$BABA-W(09988)$ After July 7th, it could run right up to the August 20th earnings.
$BABA-W(09988)$  What a show this stock put on today. It's back to $95.80 in after-hours, tracing a path from pre-market and through the regular session. The move from $95.20 to $95.80 looks like it was being bought. Decent volume with a double bottom and a push into the green on strength at the close. Not bad.
$BABA-W(09988)$ Insiders are buying shares, this could well double before year end.
$BABA-W(09988)$  Finally a green day. It looks like it bounced off the Hang Seng's major support level, as I mentioned before. I hope this continues upward and isn't just a temporary bounce. It's too undervalued here not to have a decent move.
$BABA-W(09988)$ There's some buying in pre-market. Shorts got too confident, so a little push from a hedge fund could easily move the stock up 10-15%. Not a huge move, but if it happens, it might signal a short-term bottom. There's only so much you can push it down—it's less than half of its 52-week high.
$BABA-W(09988)$  I might be in the minority here, but I see this pullback as a compelling buying opportunity for an exceptional company, for three main reasons. First, policy support is likely to strengthen. Chinese policymakers have consistently shown willingness to stabilize financial markets and support economic growth when needed. Additional liquidity measures and targeted stimulus could provide a meaningful tailwind for both the broader market and high-quality tech companies. Second, the company is uniquely positioned to benefit from the AI revolution in China and Asia. It stands out as one of the strongest long-term plays in the region's AI ecosystem, with the scale, tech capabilities, and strategic posit
$BABA-W(09988)$ Looking at the growth potential and projections in cloud and AI, while keeping competitor risk and political risk in mind. This is where I see Alibaba shares trading in three years. 1) 5% chance below $80 2) 10% chance between $80 and $95 3) 20% chance between $95 and $110 4) 10% chance between $110 and $140 5) 10% chance between $140 and $155 6) 10% chance between $155 and $170 7) 10% chance between $170 and $190 8) 25% chance over $190 I'm generally risk averse, but I think at $91, the risk may be starting to feel worth the reward. I think in three years we could be looking at an EPS in the $9.20 to $11.00 range.
$BABA-W(09988)$  It's just a matter of time before it touches 91.80. Not if, but when.

Go to Tiger App to see more news