Stock Prediction: Guess where Alibaba may move this week?
Click to vote, Guess where Alibaba may move this week? If you get correct answers,you can get 20 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins.$Alibaba(BABA)$On Thursday, E-commerce giant Alibaba will report fiscal third-quarter earnings, ended Dec. 31, which has traditionally been its best-performing period. But the e-commerce giant's management has already warned its results could suffer over the next several quarters.
Expectations are low going into the December report. Here’s what analysts expect from the headline figures, according to Refinitiv consensus estimates:
- Revenue: 246.59 billion yuan (about $38.98 billion)
- EPS: 16.23 yuan per share
That would imply revenue growth of 11.5%, the slowest quarterly year-on-year growth rate for the company since its 2014 U.S. listing. What are your insights about Alibaba's financial reports?
🎁Reward
- Click to vote, Guess where Alibaba may move this week? If you get correct answers,you can get 20 Tiger Coins.
- Reply and forward this post, share your insights about Alibaba's financial reports, we will give 100 Tiger Coins with outstanding comments.
⏰Event Time
- The deadline for this event is 24:00 on Feb 25th, Friday SGT
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Alibaba has the unwarranted attention of the Chinese authorities who are currently investigating their Fintech division. This has caused its share price to fall to unprecedented levels.
Fundamentally Alibaba is strong and profitable but it is facing challenges due to intense competition as well. Still it is a phenomenal growth story and the pioneer of E Commerce and now Cloud Computing.
In the short term, its share price will drop but in the long run it will continue its exponential growth. Go Baba! 🚀🚀🚀🌙🌙🌙💰💰💰
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