Baba possible inflection point?
Are we maximum FUD yet?
Baba has become sort of a meme at this point with it's never ending dips..
However It's important to ask yourself how likely is it that china completely sinks this company?
Are we really at such a risk that it should be traded at levels seen in 2019?
I personally feel comfortable nibbling at this point..
"Right now, Alibaba is trading for a price-cash-flow ratio of 17, while competitors like Tencent, Facebook or Microsoft are trading for a P/FCF ratio between 35 and 40. It is striking that the market is assigning these competitors a multiple twice as high and Amazon is actually trading for a multiple more than 4 times higher (price-free-cash-flow ratio of 76)." -Daniel Schönberger (Jun 1st 2021)
Baba has become sort of a meme at this point with it's never ending dips..
However It's important to ask yourself how likely is it that china completely sinks this company?
Are we really at such a risk that it should be traded at levels seen in 2019?
I personally feel comfortable nibbling at this point..
"Right now, Alibaba is trading for a price-cash-flow ratio of 17, while competitors like Tencent, Facebook or Microsoft are trading for a P/FCF ratio between 35 and 40. It is striking that the market is assigning these competitors a multiple twice as high and Amazon is actually trading for a multiple more than 4 times higher (price-free-cash-flow ratio of 76)." -Daniel Schönberger (Jun 1st 2021)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.