Shall see the closing price today :)
$Alibaba (BABA.US)$ Good opportunity to add. $77 likely to be a strong support. Even without a cloud spin off, business as usual, improves in margin, operation excellence, stronger OI, good FCF.
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Btan : Whales are waiting to buy units sold by panic sellers
s45yen : giving dividends is something new.. but they got too much cash, just take lor. free money haha.. rather than hold and nothing in return..
haroit27 : this is no longer about business fundamental...
StampyCat : damn good free cash flow .. cannot think how much they accumulating year on year to do growth business
beedeebee OP : I don't like them giving dividends, I prefer in the form of share buy back or just keep the cash for growth.
s45yen : ok, they earning so much.. lol.. not losing can le.. we just enjoy the fruits
beedeebee OP : the share price is dislodged from business fundamentals which is why I think in the long run, this can be a good price to add