Newbie123
commented on a stock · Dec 17, 2021 10:42
$Alibaba (BABA.US)$ Indeed surprising to see Alibaba still a...
$Alibaba (BABA.US)$ Indeed surprising to see Alibaba still at current price. IMHO this company has its business model in place and shoppers and businessmen who have used their online platforms would know that their business model is robust and intact . Other than not paying out dividend this is one company that is worth taking a second look .
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Macdonell J : The $15 Bil share buyback announced back in Aug 2021 is equivalent to dividend declared. In fact, it's much preferred method for long term investors as they don't have to pay dividend tax.