$Alibaba(BABA.US$ I remember the last time when revenues are lesser and not growing, profit margin more or less the same, BABA share price can reach $120 ☺️
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$Alibaba(BABA.US$ Share price are just investors expectation. Some companies in wall street can have a high P/E ratio resulting in growing share prices with just revenue growth and negative earnings. what about Baba this time round with revenue growth and real earnings? ☺️
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小寶寶
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Exports +10.3% y/y, Prev. +3.8%
Imports +6.7% y/y, Prev. +1.6%v
Trade balance at $125.16 bln in USD term
Exports +7.1% y/y, Est. +1.9%
Imports +3.5% y/y, Est. +1.5%
China exported and imported 6.61 trillion yuan(+8.7% y/y) of goods in yuan term or $930.86 bln(+5.5% y/y) in USD term in January and February.
China's Jan-Feb trade with
ASEAN +8.1% y/y to 0.993 trillion yuan
EU -1.3% y/y to 0.832 trillion yuan
US +3.7% y/y to 0.707 trillion yu...
Imports +6.7% y/y, Prev. +1.6%v
Trade balance at $125.16 bln in USD term
Exports +7.1% y/y, Est. +1.9%
Imports +3.5% y/y, Est. +1.5%
China exported and imported 6.61 trillion yuan(+8.7% y/y) of goods in yuan term or $930.86 bln(+5.5% y/y) in USD term in January and February.
China's Jan-Feb trade with
ASEAN +8.1% y/y to 0.993 trillion yuan
EU -1.3% y/y to 0.832 trillion yuan
US +3.7% y/y to 0.707 trillion yu...
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小寶寶
commented on
$BABA-SW(09988.HK$ $120.00 please please 😉 抖龙抖龙 🙏😸
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小寶寶
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$Alibaba(BABA.US$ US found China government has stake in Alibaba. China like any other country with a sovereign funds invest in stocks, of course they will invest big on its own company. That has probsbly nothing to do with control. a government doesn't need to have a stake to control its own companies. It really a non brainer news. But on the other hand, if the Chinese government funds has stake in home company, that could meant the company is unlikely to fail. It is likely a safe investment.
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小寶寶
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$Alibaba(BABA.US$ @9027 @trading the day ignorance will only get you this far... Happy to be a long term investor in alibaba
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小寶寶
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Deposited another $200. Just to close the topic with Alibaba and Chinese stock market. Last week, I visited seminar organized by UBS. Their main comment on Chinese economy and Chinese stock market was that consumption has not recovered since COVID-19. People are not spending as much as they spent before COVID + high unemployment ratio. As per UBS assessment, it could take another 2-3 years to fully recover 🤷♂️
But, as a long-term investor, I’m not looking at current price fl...
But, as a long-term investor, I’m not looking at current price fl...
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$Alibaba(BABA.US$ No long no gain, short position is for overpriced stock, not for low stock price ☺️
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小寶寶
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$BABA-SW(09988.HK$ smart money are eventually flowing into Chinese equities. Just be patient if you wanna see 2x-3x profit from here. Always be there for the stock even during bad times
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