TradingView
BtNd
Feb 27, 2021 3:37 AM

6808 Sunart Retail, (BABA owns 26%) Long

SUN ART RETAIL GROUP LIMITEDHKEX

Description

Hello,

It is the Chinese retail trading company that Alibaba owns 26% of it, its earnings report missed the estimation but I think that vaccine hope and retail market recovery will help this stock grow back to at least HKD8. Please share your opinions.
Comments
pangdoodoo
I agree and have a position
BtNd
@pangdoodoo, Nice I added today, and then lets w8 together
pangdoodoo
@BtNd, Check out 1357 Meitu - i sat on a position at 1.67 for most of the last 5 months of last year. The company has a lot of cash, high insider ownership, low debt and it has been narrowing losses for the past couple of years. Had a monster move this year but now pull back to test 20dma, possibly in anticipation for profits in upcoming earnings report. They have been changing their business strategy, may be it's paying off.
BtNd
@pangdoodoo, Nice, Thanks man
MoneyMakerTrade
Great work 👍
BtNd
@MoneyMakerTrade, Thank you
More