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TH Analysis Private ID: 102990586
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    1 year IPO,shakeout low and rebase,  stop at previous low.
    $ZJLD(06979.HK)$
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    Greetings Friends, I'm wondering if I should buy more Apple stock $Apple(AAPL.US)$
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    I missed this rocket $PIE(7095.MY)$ , which its share prices jumped from around RM3.80 level to highest near RM6 level, more than 50% gains in just these 2 days!
    Quoted from Theedge news: "PIE Industrial extends rally to new all-time high as Kenanga flags new client", a very strong catalyst to the company performance
    $PIE(7095.MY)$ Daily Chart
    From recent low Nov 2022, PIE saw a steady bullish trend, which green candlesticks more than the red, signaled buyer ...
    Naked Chart Trading: PIE 18 Apr 2024
    TH Analysis commented on
    $Alibaba(BABA.US)$ Shares of Alibaba have been in for a roller-coaster ride this year. Alibaba was caught in the middle of a major crackdown on multiple sectors of the Chinese economy in 2021. After the CCP decided to strengthen regulatory oversight and force Chinese enterprises to consider China's national security interests as part of their business strategies, valuations for major Chinese growth stocks cratered. The crackdown started off with financial service providers which made cryptocurrencies available to their customers and quickly spread to e-commerce companies, internet firms offering gaming products for children, for-profit businesses and even food delivery startups. The justification for Beijing in all of these instances has been to uphold rules of economic fairness by cracking down on companies that are said to engage in monopolistic behavior. Most large Chinese companies were targeted by China's anti-trust watchdog, the State Administration for Market Regulation, including Alibaba and $TENCENT(00700.HK)$.
    Most recently, enforcement regulations have taken a backseat to a new force emerging in the Chinese stock market: Multiple Chinese real estate and development firms are nearing bankruptcy as a downturn in property prices created a liquidity crisis that might get worse. Relying on massive amounts of easy debt, these firms have built development projects on speculation. Now that prices are dropping, the supply-demand mismatch is creating serious liquidity problems for firms like Modern Land, China Properties Group or $EVERG SERVICES(06666.HK)$ .
    Alibaba may be able to escape the selling pressure in the Chinese market if the company tables an impressive earnings card for the last quarter next week and I believe Alibaba will be able to do this! Although there is no official earnings date announcement, the earnings card is expected for November 4, 2021, according to Nasdaq information.
    Alibaba's e-commerce business is soaring, and the segment's growth even accelerated during the global Coronavirus pandemic. Alibaba's e-commerce business, responsible for 88% of revenues and 92% of EBITDA profits, is far and away the most important business driver for Alibaba. An additional breakdown of Alibaba's e-commerce revenues shows that international e-commerce retail and Alibaba's logistics business, branded under the name Cainiao, saw the highest year-over-year growth rates of 54% and 50%. The Cainiao network is expanding rapidly in China but also invests in a smart logistics network to deal with accelerating cross-border transactions.
    Alibaba is also looking forward to generating higher free cash flow in the future, which could drive a revaluation of Alibaba's shares. This is because the company's free cash flow in the last quarter was impacted by China's anti-monopoly fine which lowered the firm's free cash flow by 9.1B Chinese Yuan ($1.4B). The total fine was 18.2B Chinese Yuan ($2.8B) and was levied on Alibaba due to alleged anti-competitive practices. Although Alibaba recognized 50% of the anti-trust fine, the free cash flow was still 20.8B Chinese Yuan ($3.3B). Alibaba's free cash flow margin, after accounting for the anti-trust fine, was 10%. In the year-earlier period, Alibaba's free cash flow margin was 24%. I believe Alibaba could return to a 20% free cash flow margin next year.
    Looking ahead into the future, we can see that Alibaba's revenues are modeled to grow at a rate of 17% annually between FY 2021 and FY 2026. After receiving a big fine this year, Alibaba played nice with the CCP which could reduce the probability of receiving new fines in the future.
    Let's assume that Alibaba will not get any more anti-monopoly fines and grow revenues at a rate of 17% annually, which is implied in revenue forecasts until FY 2026.
    By 2026, Alibaba is expected to have revenues of $263.7B. If Alibaba's free cash flow margin stabilizes around 20% over the next five-year period, which I believe is plausible, then it could become a $52B a year free cash flow business… and the estimates have upside because Alibaba's other two businesses, digital media and cloud computing, will also start to make positive cash contributions to the firm. After all is said and done, I believe Alibaba could generate $52B in annual free cash flow by FY 2026, which is twice the free cash flow the firm generates currently. The firm's free cash flow is cheap compared to last year.
    Revenue estimates are rising and should continue to rise after results for the September quarter have been submitted. Alibaba's P-S ratio is just 2.4, less than half the ratio from last year!
    Why Alibaba is a buy before earnings
    Why Alibaba is a buy before earnings
    Why Alibaba is a buy before earnings
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    $Tesla(TSLA.US)$ What a scam the man-made climate catastrophe alarmism is! Buts its a good business for the politicians any how. Most of the fraud-exposing videos are still there. Al Gore said the polar ice will be gone by 2013.
    Democratic Party's visionary leader AOC said the world will end by 2030! https://www.youtube.com/watch?v=oHk8nn0nw18
    And on & on. Why do people not realize they are getting scammed by these politicians?
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    TH Analysis commented on
    Tao Value revealed in a letter to investors that it has opened a position in $Roblox(RBLX.US)$, saying the gaming company has the ability to become "a new being for human society."
    The fund also blasted $Meta Platforms(FB.US)$ and its founder Mark Zuckerberg for putting users and shareholders at risk by engaging in "blatant negligence" for ignoring internal data that showed that some of its policies had toxic consequences.
    "Based on records made public thus far, I believe Facebook proved that it did not put its stakeholders' trust and wellbeing as a priority, thus [is] not a good social platform," the firm said in a fund letter released this week.
    Earlier on Thursday, Facebook announced that the company was rebranding as "Meta" to better reflect its commitment to the metaverse. In an appearance at the Facebook Connect conference, Zuckerberg outlined the company's strategy, including moves into office, fitness and games.
    Tao Value pointed to RBLX as a better player in the metaverse space, calling it "a good social platform" that "put stakeholders’ trust and security first."
    Tao praised the company's management and stressed its potential to branch out from its current core business of games.
    "Roblox appears to be a great business undervalued to near term profitable visibility, who also has long term optionality," the fund said.
    RBLX came public in March through a direct listing, carrying a reference price of $45. The stock rallied to a high of $103.87 by June but quickly came off those levels.
    Since then, shares have seen choppy trading, generally moving sideways. In Thursday's intraday action, the stock dipped less than a percent to $80.27 at about 2:15 PM ET.
    Meanwhile, FB gained steadily through much of the middle of the year to reach a 52-week high of $384.33 in early September.
    However, shares have taken a haircut lately in the wake of its recent scandals. On Thursday, the stock was up 2% to $318.39 at about 2:15 PM ET.
    Comparing the two stocks that Tao pitted against each other, RBLX and FB have traded leadership over the course of 2021. At this point, the stocks are showing comparable gains year-to-date, with both slightly underperforming the broader market:
    Roblox is a better metaverse play than Facebook
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    $Bitcoin(BTC.CC)$ and $Tesla(TSLA.US)$ is next bubble fraud created by US regulators. Hype has no limits and now no need of CFA degrees to guide the market as they all sleeping. Market is run by market makers and regulators and no logic is required when both of them want to do something. I see something big brewing up by US regulators as it doesnt make sense.
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