Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Apr 21)

[winston]

not vested

Chart Of The Day: Don't Be Fooled By Alibaba Dip-Buying, More Pain Still Ahead

Raymond James analyst Aaron Kessler pegs the company at 16 times expected 2021 earnings, very low for a company whose revenue leaped by 30%.

While we have no issue with the prospects for Alibaba climbing back up over the longer term, we're confident, based on the technical chart, it's headed lower first.

BABA just completed a down-sloping H&S top. In other words, the pattern was so weak, it failed to develop the right shoulder at the same levels as that of the left shoulder before supply overran demand.

Trading Signals

Conservative traders would wait for a full return move and proof of supply by the pattern.

Moderate traders would also wait for the price to get closer to the neckline, for a better entry, if not for confirmation for the pattern’s integrity.

Aggressive traders would short at will, according to what they could afford and their temperament.

Source: Investing.com

https://www.investing.com/analysis/char ... 02/01/2021

[winston]

not vested

Alibaba Group (BABA US)
Business On Track; Short-term Regulation Overhang

Christmas eve was not as peaceful as we had expected it to be, as Alibaba was
summoned by the China State Administration for Market Regulation (SAMR) for a
potential violation with reference to the anti-monopolistic practice.

While the regulators are still in the stage of detailing terms, BABA views the regulatory scrutiny as a long term theme instead of a temporary event and it will work with regulators to ensure development stability.

We cut our target price to US$333.00 from US$378.00 due to a contraction in margins. Maintain BUY.

Source: UOBKH

https://research.uobkayhian.com/content ... 4348db8690

[winston]

not vested

Alibaba Group will close its music streaming platform Xiami Music next month, in a move that marks a step back from its ambitions to push into China's entertainment industry.

Alibaba acquired the music service in 2013, and invested millions of yuan to compete in China's online music market, which is dominated by Tencent Holdings.

Its efforts however have not paid off and the app currently only has 2 per cent of China's music streaming market, behind KuGou Music, QQ Music, KuWo and NetEase Cloud Music, according to Beijing-headquartered data intelligence company TalkingData.

US President Donald Trump signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay, a senior administration official said, escalating tensions with Beijing before President-elect Joe Biden takes office this month.

The move is aimed at curbing the threat to Americans posed by Chinese software applications, which have large user bases and access to sensitive data, the official said.

Source: Phillips

[winston]

not vested

BABA-SW Intends to Issue USD Bond This Mth, Scale May Whop US$8B: Report

BABA-SW (09988.HK) intends to issue at least US$5 billion bond this month, of which the scale may whop US$8 billion contingent on the investor reaction, Reuters cited people with the knowledge of the matter.

The company is very likely utilizing the capital in general corporate expenditure.

While the report said the plan and schedule may change, BABA-SW declined to comment on the matter.

Source: AAStocks Financial News

[behappyalways]

馬雲失蹤? 中國加大金融網路監管引發抨擊 TVBS文茜的世界財經周報 20210110
https://m.youtube.com/watch?v=twMi40jGhGQ

[behappyalways]

What Happened to China's Superstar Entrepreneur Jack Ma? | WSJ
https://m.youtube.com/watch?v=glDfJOmr4C4

[winston]

not vested

ALIBABA GROUP

Recommendation : BUY
Fair Value : USD 317.00 (BABA US) / HKD 307.00 (9988 HK)

UNFAZED BY ITS COMMITMENT TO INVEST.

3QFY21 beat, with cloud achieving positive adjusted EBITA for the first time

Reinvesting to enhance its leadership in core commerce, though margin compression is to be expected

Diversified long-term growth engines keeps us constructive


While the past two decades have been characterized by the rapid development of e-commerce, Alibaba’s earnings growth in the next decade will be driven by monetising user engagement across its ecosystem, which covers almost the entire consumption journey – from the online marketplace to logistics, payments and cloud services.

With its leadership in e-commerce and cloud services, Alibaba is well positioned to benefit from the trend of accelerated digitalisation post COVID-19.

Source: OCBC

[winston]

not vested

BABA(9988)

Analysis：

In the quarter ended 31 December 2020, Alibaba (9988) recorded revenue of RMB221,084 million (US$33,883 million), an increase of 37% year-over-year and an increase of 42.6% quarter-over-quarter.

Net income attributable to ordinary shareholders was RMB79,427 million (US$12,173 million).

The Group`s cloud computing revenue grew 50% year-over-year to RMB16,115 million (US$2,470 million), primarily driven by robust growth in revenue from customers in the Internet and retail industries and the public.

Alibaba Cloud achieved positive adjusted EBITA during the quarter due to the realization o f economies of scale sector. (I do not hold the above stock)

Strategy：
Buy-in Price: $260, Target Price: $290, Cut Loss Price: $245

Source: Phillips

[behappyalways]

紅頂商人"馬雲"危機解除!? 阿里巴巴發行50億美金債券認購超額 引發投資人搶購"馬雲烏雲"將散去!?｜主播 王志郁｜【大世界新聞】20210209｜三立iNEWS
https://m.youtube.com/watch?v=BZsuxOYid40

[behappyalways]

小馬雲疑被打針抑制生長多年無長高 - 20210216 - 有線中國組
https://www.youtube.com/watch?v=_afR2Oc1wYo