$Alibaba(BABA)$
Is it worth to buy the dip??[serious]
The world's largest online and mobile commerce company as measured by gross merchandise volume.
It operate China online market place, including Taobao(consumer to consumer) and Tmall(business to consumer)
Fundamental analysis[Like]
-revenue increasing trend
-roe(adj) 5.99% from 16.47%
-EPS 11.73 latest from 7.95 last quarter
-total debt to equity ratio 0.143
-fcf 130797 from 231786
Technical analysis
-price dropped below ema 200 since march 2021
-short term wise is increasing trend with higher low price[Call]
-price above ema5 for 2 days streak
News
- shares have fallen by roughly 2/3 since late 2020, when regulators in Beijing abruptly halted the IPO of its finance affiliate Ant Group, an event that marked the beginning of the tech crackdown.
-The company was added to the U.S. Securities and Exchange Commission's list of Chinese companies that might be delisted for not meeting auditing requirements.[Gosh]
-Analysts at Jefferies described Alibaba's share price drop as a "knee-jerk reaction" to the news of a potential delisting, and the 2024 deadline for Chinese American Depository Receipt delisting gives China adequate time to resolve its audit issues.
-latest earning report released yesterday was better than expected.[Love] [Call]
Overall
-Fundamental background is considered good
-But will you "buy the rumor, sell the news?"[YoYo] [Eye]
Is Baba a buy for you??[serious] [Doubt]
@Daily_Discussion@CaptainTiger
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