ivanese
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ivanese
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Rewards
● An equal share of 1,000 points: For mooers who correctly guess BABA's (US Market) closing price range on 10 August ET by 2:30 PM, August 10 ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing BABA's earnings preview as an inspiration reward.
*The selection is based on post quality, originality, and user enga...
● An equal share of 1,000 points: For mooers who correctly guess BABA's (US Market) closing price range on 10 August ET by 2:30 PM, August 10 ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing BABA's earnings preview as an inspiration reward.
*The selection is based on post quality, originality, and user enga...
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ivanese
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Not much people know about $Occidental Petroleum(OXY.US$ other than being the O&G stock that Warren Buffett owns.
And stock prices have rallied since 2021, from USD 20 per share to USD 63.52 as of writing.
So what do the latest results entail?
1. Net sales are down
Prices came down as the crude oil market marked a 32% decline to an average of USD 73.59.
Even though production was marginally higher than planned, at 1.218 million barrels of oil equivalent daily, ...
And stock prices have rallied since 2021, from USD 20 per share to USD 63.52 as of writing.
So what do the latest results entail?
1. Net sales are down
Prices came down as the crude oil market marked a 32% decline to an average of USD 73.59.
Even though production was marginally higher than planned, at 1.218 million barrels of oil equivalent daily, ...
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ivanese
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BABA's Current Narrative
One of the best companies in China has had a rough few years in the stock market. BABA experienced a very bullish Friday due to the markets assumption that the chinese government is easing its megacap tech crackdown.
This assumption stemed from the chinese government giving Ant group a measly fine of several hundred million dollars. This is chump change to a huge company like BABA. If this is the extent to the China tech crackdown, then it might b...
One of the best companies in China has had a rough few years in the stock market. BABA experienced a very bullish Friday due to the markets assumption that the chinese government is easing its megacap tech crackdown.
This assumption stemed from the chinese government giving Ant group a measly fine of several hundred million dollars. This is chump change to a huge company like BABA. If this is the extent to the China tech crackdown, then it might b...
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ivanese
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Munger is a well-known China bull. It became even more evident when he bought a substantial position (19% of the portfolio) in Alibaba via Daily Journal Corp in the first quarter of 2021.
He doubled the position in Alibaba $Alibaba(BABA.US$ $BABA-SW(09988.HK$ at the start of 2022. Many investors look upon Munger as an influential investor and take heed in the things he say and do. Despite the tumbling share price, Alibaba investors found comfort in the...
He doubled the position in Alibaba $Alibaba(BABA.US$ $BABA-SW(09988.HK$ at the start of 2022. Many investors look upon Munger as an influential investor and take heed in the things he say and do. Despite the tumbling share price, Alibaba investors found comfort in the...
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