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

Re: Alibaba (BABA) / Jack Ma 02 (May 16 - Dec 20)

Postby winston » Wed May 27, 2020 10:07 am

not vested

Alibaba Group (BABA US / 9988 HK)

While the past two decades have been characterised 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 accelerated digitalisation post COVID-19.

With Alibaba’s efforts to incubate more live-streamers and the emergence of 5G and consumer data analysis, Taobao Live could serve as new driver for both commission and service revenues .

Its management is targeting to grow the annual active user base to 1bn and gross merchandise value (GMW) to CNY10trn by end of FY3/24.

Despite the robust earnings growth momentum, share prices could be weighed by the heightened China-US tensions in near term. That said, Alibaba should fare better than other ADRs as its secondary listing has already been completed, with fully fungible shares in Hong Kong and ADRs in the US.

Its less demanding valuation compared to other leading tech names in Hong Kong also leaves room for re-rating.

The potential for inclusion in stock connects and Hang Seng Indices will be the next movers to watch for.

Source: OCBC
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Alibaba (BABA) / Jack Ma 02 (May 16 - Dec 20)

Postby winston » Sat May 30, 2020 7:26 am

not vested

Alibaba may get 3pc weighting in HSI

The Hang Seng Indexes expects it would give Alibaba (9988) an estimated weighting of 3 percent in the Hang Seng Index if the company joining the HSI, the index company wrote in the blog.

On May 18, it was announced that weighted voting right companies and secondary-listed companies coming from Hong Kong, mainland China, Macau and Taiwan will be eligible for inclusion in the HSI, starting from the August 2020 Index Review.

The market expects Alibaba, Meituan Dianping (3690) and Xiaomi (1810) to become HSI constituents.

According to data from Hong Kong Stock Exchange, the company's market capitalization and average daily turnover in May were about HK$4,200 billion and more than HK$4 billion respectively, making it the largest and most actively-traded stock in Hong Kong.

Although WVRs and secondary-listed companies will be eligible for inclusion in the HSI starting from the August Index Review, it is too early to confirm Alibaba's constituency, the company said the blog.

Source: The Standard

https://www.thestandard.com.hk/breaking ... ing-in-HSI
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Alibaba (BABA) / Jack Ma 02 (May 16 - Dec 20)

Postby winston » Tue Jul 14, 2020 1:19 pm

not vested

<Research Report>Guosheng Securities: BABA-SW Faces Fierce Rivalry in Traffic Flow, Ecosystem; Yet Worry May Be Overdone

Guosheng Securities has recently issued a report, covering BABA-SW (09988.HK).

The tech giant is being challenged in arenas of traffic flow and electronic ecosystem. Not only suffering from diluted traffic flow by DouYin and Kuaishou, the company also faced foray of TENCENT (00700.HK) and its superb partners in the ecosystem.

Yet, the broker found that market worry on BABA-SW's traffic flow and ecosystem has been overdone.

As a matter of fact, BABA-SW's bellwether position in cloud computing as illustrated by Alibaba Cloud is likely to become the next profit and market cap growth driver of the company amid internet industry rivalry.

The rating was kept at Buy with target price of $299.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Alibaba (BABA) / Jack Ma 02 (May 16 - Dec 20)

Postby winston » Sat Jul 18, 2020 11:53 am

SoftBank quietly sells another US$2.2b of its Alibaba stake

by Pavel Alpeyev & Takahiko Hyuga

TOKYO (July 17): SoftBank Group Corp quietly sold an additional US$2.2 billion of its stake in Alibaba Group Holding Ltd as part of the Japanese conglomerate’s fund-raising effort to pay down debt and buy back its own shares.

The deal, which includes a collar contract and call spread, is expected to be settled between May 2024 and June 2024. The details were disclosed on page 276 of SoftBank’s year-end financial filing released on June 25, but have not been previously reported. A SoftBank Group spokesman confirmed the details of the sale.

This step is the latest in an unwinding of a relationship between the two companies that spans two decades. SoftBank founder Masayoshi Son was an early backer of Jack Ma’s Alibaba and the Chinese e-commerce giant remains his most successful investment by far.

In early 2000, Son invested US$20 million into the then-unknown web portal connecting Chinese manufacturers with overseas buyers, a stake that is now worth more than US$150 billion. Son and Ma stepped down from each other’s boards last month.

The deal brings the total of Alibaba stock sold by the Tokyo-based company this year to US$13.7 billion. SoftBank in May said that it entered into several prepaid forward contracts with banks in April and May using Alibaba shares to procure a total of US$11.5 billion.

That includes a US$1.5 billion forward contract with settlement in April 2024, a US$1.5 billion floor contract with settlement in December 2023 and January 2024, and a US$8.5 billion collar contract with settlement from January to September 2022.

SoftBank is in the process of offloading 4.5 trillion yen (US$42 billion) of assets to bankroll stock buybacks and slash debt to reassure investors after a swoon in its shares earlier this year.

In addition to Alibaba, the company is selling a stake in T-Mobile US Inc for as much as US$20 billion and stock in its domestic telecom unit.

SoftBank shares have recovered as the company has sold assets and bought back stock. The stock has climbed about 140% from their low in March and hit the highest level in two decades this month.

Source: Bloomberg

https://www.theedgemarkets.com/article/ ... baba-stake
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Alibaba (BABA) / Jack Ma 02 (May 16 - Dec 20)

Postby winston » Tue Aug 04, 2020 11:01 am

vested in 9988

Alibaba – BUY

Alibaba’s various initiatives from its “Spring Thunder Plan” (春雷计划) is expected to
continue to garner interest from merchants to sell their products on Alibaba’s platform.

The recent update on Ant Financial’s potential dual listing in Hong Kong and Shanghai
could provide further upside on Alibaba’s share price as it could raise up to US$200b
according to news sources.

Alibaba has a 33% equity interest in Ant Financial to date.

Moving forward, we expect Alibaba to leverage on the Taobao Special edition app (淘宝
特 价 版 ) for its lower-tier cities expansion strategy as well as list its cloud unit.

Management expects its FY21 revenue to grow 28% yoy to Rmb650b.

We like Alibaba for the following reasons:
a) strong growth on its core commerce unit, and
b) listing plan of Ant Financial and Alicloud.

Our forward estimates remain largely unchanged.

Our target price US$275.00 implies 28.6x 2021F forward PE on the back of an EPS 26% CAGR
from 2021-24..

Share Price Catalyst

Events:
a) Increasing online penetration rate from lower tier cities; and
b) faster-thanexpected economy recovery from the pandemic.

• Timeline: 2H20.

Source: UOBKH
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Alibaba (BABA) / Jack Ma 02 (May 16 - Dec 20)

Postby winston » Sun Aug 09, 2020 3:35 pm

not vested

Alibaba

Alibaba is in a great position to benefit from the development of China’s less developed areas. According to Alibaba’s March quarter earnings transcript:

“780 million of annual active consumers in China account for around 85% and 40% of the Chinese population in developed and the less developed areas.”

Given the disparity, Alibaba has a lot of potential growth both in terms of user growth and in terms of GMV from China’s less developed areas.

Considering Alibaba’s extensive ecosystem, the company could find it easier to sell other services to its new users in those regions too.

In terms of its execution in the less developed areas, Alibaba is doing a good job.

For Alibaba’s December 2019 quarter, more than 60% of the company’s new annual active customers in China came from less developed areas, for example.

Source: Motley Fool
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Dec 20)

Postby winston » Sun Aug 09, 2020 3:47 pm

not vested

1 Stock to Buy and Hold for the Next 10 Years

by Lawrence Nga

The technology conglomerate

The company I’m talking about is none other than Alibaba Group Holding Ltd (NYSE: BABA) (SEHK: 9988), a leading technology company, both in China and in the world.

Its business activities span across e-commerce, cloud computing, digital media and entertainment, fintech, and more.

Listed in the US in 2014, Alibaba debuted on the Hong Kong stock exchange last November under the ticker “9988”.

Dominant e-commerce business
One of the biggest reasons investors should like Alibaba is that it has a dominant e-commerce business in China.

It enables more than half of China’s retail e-commerce transactions through its e-commerce platform Taobao Marketplace and Tmall.

Its dominance in this industry is evident through its high annual active customers. As of 31 March 2020, it has 726 million annual active customers.

This 726 million represents customers who have transacted on its platform in the last 12 months. Amazingly, that number is about half of the Chinese population.

The e-commerce giant is well-positioned to grow thanks to the continued migration of the retail industry from offline to online.

Moreover, its dominance in the e-commerce industry allows it to expand into new businesses by leveraging its existing user base.

For example, it has expanded into financial technology, online videos new retail, and food delivery services, to name just a few.

Fast-growing adjacent businesses

Started as an e-commerce player, Alibaba has diversified into new categories like cloud computing, fintech, logistics, entertainment, and more.

Most of these businesses, though unprofitable, have been growing at breathtaking speed in the last few years.

For example, Alibaba’s cloud business grew its revenue by 58% year-on-year in the previous quarter to RMB 12 billion (US$1.71 billion).

Cainiao, Alibaba’s logistics segment, grew revenue 49% in the last financial year while local consumer services (Eleme and Koubei) saw revenue increase by 41% in the last financial year.

Beyond these, Alibaba has other fast-growing businesses – such as Lazada, Hema, and more – that are growing at double-digit rates. Collectively, these businesses will power Alibaba’s growth for the foreseeable future.

Source: Motley Fool HK

https://www.fool.hk/en/2020/08/05/1-sto ... -10-years/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Dec 20)

Postby winston » Fri Aug 21, 2020 8:24 am

Alibaba profit surges 124pc to 47b yuan

by Avery Chen

Alibaba saw revenue rise 34 percent to 153.75 billion yuan (HK$172.23 billion) for the quarter ended June, while its net profit surged 124 percent to 47.59 billion yuan.

The company's core commerce reported a 34 percent growth in revenue to 133.32 billion yuan. Its annual active consumers in China grew 16 million to 742 million.

Revenue from cloud computing surged 59 percent to 12.35 billion yuan.


Source: The Standard

https://www.thestandard.com.hk/section- ... o-47b-yuan
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Dec 20)

Postby winston » Fri Aug 21, 2020 10:25 am

not vested

Alibaba Group (BABA US)
1QFY21: Excellent Results, Encouraging Outlook Ahead


Alibaba reported a solid set of 1QFY21 results.

Revenue increased by 34% yoy to Rmb153.8b in 1QFY21, 4% above consensus and our estimates.

Non-GAAP net income came in at Rmb39.5b, up 28% yoy, beating our and consensus estimates by 11% and 9% respectively.

Non-GAAP EPS was at Rmb14.82. Consolidated non-GAAP EBITDA margin was at 30%, flattish yoy.

Maintain BUY with a higher target price of US$311.00, up from US$306.00.

Source: UOBKH

https://research.uobkayhian.com/content ... 43d685b505
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Alibaba (BABA)/ 9988 HK; Jack Ma 02 (May 16 - Dec 20)

Postby winston » Fri Aug 21, 2020 12:07 pm

not vested

Alibaba Group (BABA US / 9988 HK) - Full recovery

Alibaba posted another strong quarter, with the core-commerce busines recovering fully to pre-crisis levels.

Headline sales grew 34% y/y to CNY153.8bn in 1QFY21 (4QFY20: +22%), 6% ahead of Bloomberg consensus estimates.

GMV of Tmall grew 27% (4QFY20: +10%) following the successful 6.18 shopping festival and enhanced user engagement through a broader suite of product offerings and live-streaming (Taobao Live GMV grew over 100% y/y).

The cloud business continued its robust growth at 59% y/y (4QFY20: +58%), driven by accelerated digital transformation across broad industries.

Synergies across segments have also been observed: ~45% of new customers on Ele.ma ordering food delivery came from Alipay App while Alibaba’s new retail initiatives enabled ~15% of Sun Art’s total revenue.

Market concerns of an extension of the ban to other Chinese companies in the US, including Alibaba, could increase the share price volatility ahead.

While we cannot rule out this possibility, potential earnings impact is minimal as Alibaba generates 7% of its revenue from its “International Commerce” segment and the US market likely contributes <2%.

Investment in the US is also minimal. On the other hand, near-term catalysts are visible including the upcoming IPO of its 33%-owned Ant Group and potential inclusion in the Stock Connect.

Given the positive long term outlook, we suggest to accumulate on dip. HOLD.

Source: OCBC
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

PreviousNext

Return to A to B

Who is online

Users browsing this forum: No registered users and 8 guests

cron