Stock is cheap. At $88 it's waaay below its value.
Asset Value minus debt divided by a number of shares put BABA somewhere in the $95-110 range. Which means that at $88 it's basically free money.
The only con is VIE structure (Google it yourself) - I have decided to put my trust in VIE structure.
EV/EBITDA is 1.98 which is amazingly low for this type of company. For comparison, Amazon EV/EBITDA is 20.5 at the moment.
I have concluded that risk of VIE structure cancles out the EV/EBITDA discrepancy more than enough.
There is a very high chance that BABA is cheap enough to cancel out every other investment risk.
Do your own research and get to your own conclusions. These are just bullet points and for a small investor this should be a great LONG TERM investment.
Don't expect quick profits, even though there is a high chance of mid to short-term profits with this stock.
Asset Value minus debt divided by a number of shares put BABA somewhere in the $95-110 range. Which means that at $88 it's basically free money.
The only con is VIE structure (Google it yourself) - I have decided to put my trust in VIE structure.
EV/EBITDA is 1.98 which is amazingly low for this type of company. For comparison, Amazon EV/EBITDA is 20.5 at the moment.
I have concluded that risk of VIE structure cancles out the EV/EBITDA discrepancy more than enough.
There is a very high chance that BABA is cheap enough to cancel out every other investment risk.
Do your own research and get to your own conclusions. These are just bullet points and for a small investor this should be a great LONG TERM investment.
Don't expect quick profits, even though there is a high chance of mid to short-term profits with this stock.
Comment:
I am increasing my position by 50%.
Comment:
I'm going to sell 50% of my total position here.
Not because I don't believe in BABA anymore, but because I have better ways to spend my money at the moment.
Not because I don't believe in BABA anymore, but because I have better ways to spend my money at the moment.
Trade closed manually:
Forgot to update tehis Idea a long time ago.
Comment:
I'm moving 100% of all my assets and savings into Bitcoin.
By the end of 2023. I will close all my bank accounts forever.
Also migrating all my business to the Bitcoin standard.
The race is over, Bitcoin won.
By the end of 2023. I will close all my bank accounts forever.
Also migrating all my business to the Bitcoin standard.
The race is over, Bitcoin won.
Regardless of the sudden jump, consider this a mid to long-term investment.
(5-20 years).