BABA - $220 YNDX - $46 Considering china’s growing influence in greater Asia and Africa, I’m seeing Alibaba at $220 being a bargain. Yandex is obviosuly huge in Russia, but there is a ton of potential in eastern Europe. $46 is peanuts.#investments Thoughts? TC: $100
Yes on BABA. Found it to be a safe play in current choppy env with huge upside. Keen on researching Yandex and may get into it. BRIC economies likely will be larger than G-7 in a decade so can be a long play as well.
China's economic growth is decreasing. Same with Alibaba. They don't innovate. They just throw money and acquire. Then ruin those companies and shut down non Chinese operations...
Are we discussing stock prices here? If you have a beef with someone open a separate thread.
Bullish on BABA but not Yandex. Russia is a declining economy and there's no guarantees it'll gain market share elsewhere.
Many Russian stocks are cheap. The problem is that it's scary to play long given that the political system revolves around one person there. If anything happens to Putin tomorrow their market will crash.
I am holding baba for quite a while. IMO, BABA is a great stock for international exposure. At the same time, China/US relationship plays a big role in short term price. I hold it for long term, but won’t bet on the politics part, especially when the stable genius in power.
Define "unvalued" Yandex trades at forward p/e of 23. This is only a little cheaper than Google at 26. On free cash flow yield it's even much more expensive than Google
Jack Ma is no longer the CEO of BABA, it is run by CCP now. Softbank is trying to sell its BABA shares. But... BABA may have a leg up before its final demise.
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Baba will be delisted from nyse in 3 years
Doesn't mean you can't trade it though :/
Goto casino if you want to gamble