Adol Christin
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Adol Christin
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Adol Christin
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Deposited another $200. Just to close the topic with Alibaba and Chinese stock market. Last week, I visited seminar organized by UBS. Their main comment on Chinese economy and Chinese stock market was that consumption has not recovered since COVID-19. People are not spending as much as they spent before COVID + high unemployment ratio. As per UBS assessment, it could take another 2-3 years to fully recover 🤷♂️
But, as a long-term investor, I’m not looking at current price fl...
But, as a long-term investor, I’m not looking at current price fl...
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Adol Christin
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$Alibaba(BABA.US$ that dummy say this stock will go below 70, I say baba go to its intrinsic value of 200 first. Don't underestimate China, a country with 1.4B population. If just 70% of the population uses Alibaba platform to shop and spend how much revenue it is bringing in to baba core business already. Not forgetting the growing cloud business that alibaba is dominant in China.
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$Alibaba(BABA.US$ That friend the other day said this stock won't go to 80 and show it to you tonight
Translated
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Adol Christin
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$Alibaba(BABA.US$ One reason why the shares of $BABA have been so beaten.
Softbank has sold close to 30% of the company in 3 years. That is close to 100 bln $ in value.
Just imagine the pressure on the price...
Good news though, they are almost finished!!
Softbank has sold close to 30% of the company in 3 years. That is close to 100 bln $ in value.
Just imagine the pressure on the price...
Good news though, they are almost finished!!
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Adol Christin
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$BABA-SW(09988.HK$Jack Ma positive on Alibaba, will continue to hold shares - South China Morning Post me humbleself did not say it but just to share his views
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Adol Christin : Waiting for August's performance report