Toby_Chua
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$Alibaba (BABA.US)$ BABA missed the opportunity yesterday with earnings. If you notice the last 2 earnings, the stock has run 2 days before only to drop like a rock when earnings are reported. Why, you wonder? Because those long investors holding BABA are tired of the heavy bags. BABA management, instead of pumping the stock with good news, they kill momentum with delays in IPOs, low margins, decreased and no future guidance to boost confidence. BABA is where it is at by its own merits. Otherwis...
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Toby_Chua
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$Alibaba(BABA.US$ $BABA-SW(09988.HK$ is reporting on 7 Feb 2024. This is a highly monitored earning report - the question is whether the price will finally reverse up from here.
Few technical pointers to consider:
1. Price has broken out of a downsloping channel on high volume -> good
2. Price is still resisted by a cluster of historical support and resistance around 76 -> not good
3. Price is still abo...
Few technical pointers to consider:
1. Price has broken out of a downsloping channel on high volume -> good
2. Price is still resisted by a cluster of historical support and resistance around 76 -> not good
3. Price is still abo...
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Toby_Chua
liked
$BABA-SW(09988.HK$ As long as it stays in the 70s price range I'm fine 😸, if it drops to $30, is time to show hand 😄
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Toby_Chua
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The US economy expanded an annualized 3.3% in the last three months of 2023, much better than market forecasts of a 2% rise, and following a 4.9% rate in Q3, according to the advance estimate.
The sharp increase came due to contributions from consumer spending, increased inventories, exports, and government spending.
Personal consumption expenditures rose by 2.8% for the quarter. Consumer spending on goods and services saw a rise of 3.8% an...
The sharp increase came due to contributions from consumer spending, increased inventories, exports, and government spending.
Personal consumption expenditures rose by 2.8% for the quarter. Consumer spending on goods and services saw a rise of 3.8% an...
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Toby_Chua
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I bought $Sembcorp Ind(U96.SG$ which is one of the largest conglomerates listed on our local bourse, after its divestment of Sembcorp Marine (now $Seatrium(S51.SG$ ) a couple of years ago.
At that time, I thought that divesting the struggling Sembcorp Marine was a good move, as the off-shore and marine industry was underperforming and dragging down the overall profitability of Sembcorp Industries. Sure enough, Semborp Industries’ stock price had so...
At that time, I thought that divesting the struggling Sembcorp Marine was a good move, as the off-shore and marine industry was underperforming and dragging down the overall profitability of Sembcorp Industries. Sure enough, Semborp Industries’ stock price had so...
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Toby_Chua
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Toby_Chua
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Hey there, Mooers! As we close the chapter in 2023, we're beyond excited to invite you to a landmark event in our community's history: the first-ever live show of our Mooers' Fireside Chat!![]()
Join us in this virtual gathering where we reflect on the remarkable year that was 2023 and unveil the exciting prospects awaiting us in 2024. It's more than just a year-end summary; it's a celebration of our shared growth and a look ahead to an even brighter f...
Join us in this virtual gathering where we reflect on the remarkable year that was 2023 and unveil the exciting prospects awaiting us in 2024. It's more than just a year-end summary; it's a celebration of our shared growth and a look ahead to an even brighter f...
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Toby_Chua
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$BABA-SW(09988.HK$ BABA in falling deep down already. Please fall to 20HKD, i will pick up more sharea
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Do continue to improve usability of the apps make it the one that all investors and traders rely on to execute their trades
Toby_Chua
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Hong Kong stocks opened higher in the morning after the Central Huijin Investment increased its holdings of the A-shares of the 4 major Chinese banks. $Hang Seng Index(800000.HK$ opened 365 points or 2% higher at 18,258. $Hang Seng China Enterprises Index(800100.HK$ opened 139 points or 2.3% higher at 6,272. $Hang Seng TECH Index(800700.HK$ opened 86 points or 2.2% higher at 4,038.
Mainland bank stocks $CCB(00939.HK$ and $ICBC(01398.HK$ opened 3.2% an...
Mainland bank stocks $CCB(00939.HK$ and $ICBC(01398.HK$ opened 3.2% an...
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Toby_Chua : DYODD n no point blaming others