Everbright Securities: maintaining Alibaba-SW "overweight" rating, the performance slightly exceeded expectations
According to the research report released by Everbright Securities, the net profit attributable to ordinary shareholders in FY2023-25 is predicted to be 675.6/79364/94.498 billion yuan.
According to the report, the company realized an operating income of 205.555 billion yuan (year-on-year-0.09%) in 1QFY2023. The operating income performance exceeded the market expectation. The net profit attributable to ordinary shareholders was 22.739 billion yuan, corresponding to the basic EPS of 1.07 yuan (year-on-year-49.63%), and the net profit of non-GAAP was 30.252 billion yuan (year-on-year-30.36%), mainly due to the decrease in adjusted EBITA and the decrease in investment profit and loss accounted by equity method.
In terms of share repurchase, Alibaba bought back about 38.6 million American depositary shares with about US $3.5 billion in 1QFY2023. As of June 30, the number of ordinary shares in circulation was about 21.2 billion. According to the repurchase plan of US $25 billion issued on March 22, the plan was effective before the end of March 2024. As of June 30, 2022, there was still US $12 billion of unused quota.
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Wallace Lai : Sell Sell Sell!
Wallace Lai : Even if you dont have position already, sell first and buy later
BruceLin8 Wallace Lai : She should be the stock... the more down, the more it will come out and send these want leek tray.
whqqq Wallace Lai : Thank you for your advice. But may I ask why it is sold now?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Kuries OP BruceLin8 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I'm always bullish on this stock, whether it's down or up. All stocks have ups and downs. What I care about is whether it is a good company in the long run.
Wallace Lai whqqq : Because this is just a bull trap design to create bagholders for Softbank.. You see all these people behaving like bots? Guess who is the mastermind?
BruceLin8 Wallace Lai : You got it!