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ALIBABA IPO - 9988 HK

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  1. #31

    Join Date
    Jul 2006
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    3,886
    Quote Originally Posted by Kowloon72:
    Wonder how many threads I'd be bumping if I did it every time a certain somone's value picks dipped a lot. I'd need to give up my day job!

    Not a great few weeks for Baba investors that's for sure. I'm in at 215 and if you'd told me I'd have been edging into the red at that price I'd have scoffed. Oh well. Can't win them all.

    I broadly agree with Hike. I think it'll recover to around 230 and probably bounce around there for a while until it's served it's penance then it'll head back upwards. IIRC Tencent went about two and a half years without a record high after PUBG was banned.

    I started a position on yeahka during this time. Feel like there are some real similarities with Square, and financial services only make up about 3% of their total revenues. One of the big risks was always the exclusivity agreements than tencent and baba were forcing on businesses, so that's possibly some additional upside now.
    Good foresight.

    What's your rationale behind your prediction that Alibaba will bounce around the $230 mark? (Which looks like exactly what's happening).

    I might be able to learn something, thanks!

  2. #32

    Join Date
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  3. #33

    Join Date
    Oct 2018
    Posts
    487

    Jack Ma was disappeared?

    Bloody hell. Could this be possible???

    https://au.finance.yahoo.com/news/ja...232138645.html


  4. #34

    Join Date
    Oct 2006
    Location
    Hong Kong
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    15,557
    Quote Originally Posted by john_1122:
    Jack Ma was disappeared?

    Bloody hell. Could this be possible???

    https://au.finance.yahoo.com/news/ja...232138645.html
    Continued here

    https://geoexpat.com/forum/155/thread359310.html

  5. #35

    Join Date
    Nov 2017
    Posts
    520

    One thing for sure, all he needs to do is show up somewhere and the share price will skyrocket.


  6. #36

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    Ouch .. 157ish


  7. #37

    Join Date
    Jul 2006
    Posts
    3,886

    you mean go back over 6 months.....I did very well out of BABA and 9988.

    In at $212 out at $255

    Now thinking about buying back in again.


  8. #38

    If you are the focus, can you call it self-examination and self-correction?

    Anyway - not just Jack Ma is in the focus - 25k local Hangzhou officials are too.

    The watchdog said 25,000 local officials and their family members were the focus of “self-examination and self-correction” reviews focused on their relationships with local businesses, including “illegal borrowing”. This will include probing those who have retired within the past three years.


    https://www.ft.com/content/815a4b2b-...5-deceab74331d

  9. #39

    Join Date
    Jul 2011
    Posts
    1,015

    BABA up today nearly 2%, to $161. I need $200/shr to make a profit so i'll be hanging on.


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