Stock Connect? Primary Listing?
$BABA-SW (09988.HK)$ $Alibaba (BABA.US)$ Is the market trying hard to find an excuse for the recent rise? Stock Connect? I have been sceptical about this since the Stock Connect is not something new, and everybody knew it was coming. So why didn't they buy the dip before earnings but rushing to push the price up after results were released? I bought the dip before earning because of the Stock Connect. But... after looking at the results, I started to question myself, and so I sold today. However, I do agree that Stock Connect is a catalyst, but I am not convinced yet.
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JBuff : no bro.. nvm
HappyGotLucky OP : The only thing I like about the results is the Alicloud business
MrM : It’s the guidance in the Q&A section. 2nd half results will be solid
HappyGotLucky OP MrM : Earnings and guidance better than previous? FCF down so much but have not seen much growth. If China market sentiments have changed, I can understand, but... I might consider reducing my 9988 position as well.
WaveSurfer : Hey, my earthling friend, you did not tell me you are selling
WaveSurfer : 83.83?
HappyGotLucky OP WaveSurfer : Alien got telepathy power!
HappyGotLucky OP WaveSurfer : No wonder you are from Pluto... I even shared in the community post that you are replying to!
HappyGotLucky OP WaveSurfer : If you have no plan for the investment, just hold and wait for 1-2 years like the rest. This is still very undervalued. I have other plans. Based on the date you landed on
, your avg should be around 76. Mine is slightly better...
WaveSurfer HappyGotLucky OP : If you have good lobang, must share with me
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