Unjustifiably cheap - enough said
$BABA-SW(09988.HK$ https://seekingalpha.com/article/4501278-alibaba-group-unjustifiably-cheap
Warren Buffett said, "The best thing that happens to us is when a great company gets into temporary trouble. We want to buy them when they're on the operating table."
Warren Buffett said, "The best thing that happens to us is when a great company gets into temporary trouble. We want to buy them when they're on the operating table."
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QianmengYu : sorry. They mess up again. Dr. Q Jia (some VP of alibaba) is hot on media, as he leaves China to US, and post a negative comment to Shanghai situation. In the mean while CPC is investigating Ant Group again.
It is incredibly cheap, but I feel alibaba’s people are still too naive to do business in China.
Holkkie : https://www.channelnewsasia.com/business/chinas-anti-corruption-watchdog-involved-probe-jack-mas-ant-bloomberg-news-2625436
BtanOP QianmengYu: Do you work in a company as big as Alibaba?
BtanOP Holkkie: CCP is always investigating. That is their job
SIBZPC BtanOP: Yes CCP is always investigating but when their investigation comes to light normally it’s not good news for the company. And I’m long on BABA just saying….
GNRForever SIBZPC: There not investigating Baba … they are trying to improve lending standards so that they can capture risk accordingly … this has nothing to do with Baba … baba is not going bankrupt … people rely on its payment system and ability to deliver …
SIBZPC GNRForever: Unfortunately the focus is on Baba now….