• 1.26K
  • 244
  • 3

Alibaba Is Still Not A Buy, Here's Why

Seeking Alpha2022-08-06

SummaryBABA gained close to 7% in pre-market trading on August 4th after reporting stronger-than-expected F1Q23 results.Revenues were flat from the prior year, its slowest growth on record, but still ...

Source Link

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.

Report

Comment244

  • 喜慶吉祥好運
    ·2022-08-07
    Thanks😱🤔
    Reply
    Report
  • RS142
    ·2022-08-07
    Buy
    Reply
    Report
  • PearlynCSY
    ·2022-08-07
    Alibaba shed nearly 10,000 employees in June quarter as the e-commerce giant cuts costs amid sluggish sales, slowing economy.By contrast, Alibaba a year ago was pushing to expand its headcount, as the firm doubled down on operations like Freshippo - the group's proprietary retail chain for groceries and fresh goods. From September to December 2020, the firm's employee numbers more than doubled to 252,084, from 122,399, driven by its acquisition of hypermarket operator Sun Art Retail Group. Freshippo sales also posted double-digit growth for the first time that quarter.Cutting some headcount and noncore activities could help Alibaba sharpen its focus on its core businesses and strengthen its profit margins, according to Cheng Yu, a researcher at the Beijing Kandong Research Institute."Aliba
    Reply
    Report
  • BotakGuy
    ·2022-08-07
    Alibaba to the moon ! 
    Reply
    Report
  • Terry Tan
    ·2022-08-07
    For me, BABA is a value buy now
    Reply
    Report
  • nctony
    ·2022-08-07
    All are noise[Great] 
    Reply
    Report
  • Targarean
    ·2022-08-07
    SeekingAlpha articles are really confusing. How many of us have read their many articles calling for a BUY on BABA. This article does the opposite and contradicts everything else they've said. We need to be wary of SeekingAlpha articles from now on
    Reply
    Report
  • Ah Deck
    ·2022-08-07
    Doubt 
    Reply
    Report
  • Williamw
    ·2022-08-07
    Ok
    Reply
    Report
  • Moolele
    ·2022-08-07
    Not untill Mr Ma reduced to a commoner? 😅
    Reply
    Report
  • Yishun123
    ·2022-08-07
    Like
    Reply
    Report
  • ccy1122
    ·2022-08-07
    [OK] [OK] [OK] [Like] [Like] [Like] 
    Reply
    Report
  • JeJu
    ·2022-08-07
    Ok
    Reply
    Report
  • JeJu
    ·2022-08-07
    Ok
    Reply
    Report
  • JeJu
    ·2022-08-07
    Ok
    Reply
    Report
  • TSY123
    ·2022-08-07
    Nice
    Reply
    Report
  • Richard0208
    ·2022-08-07
    Really?
    Reply
    Report
  • NickHow
    ·2022-08-07
    I prefer buy
    Reply
    Report
  • Tan Boon Hup
    ·2022-08-07
    Please like and comments thanks 😊
    Reply
    Report
  • Goldox
    ·2022-08-07
    BABA FTW
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial