I say that Yahoo will sell half of their shares (10%) at $60 billion IPO and then the other 10% at $150 billion valuation.
That gives them 10% of $60 billion = $6 billion + 10% of $150 billion = $15 billion = $21 billion. Just my opinion and guess.
Yahoo owns 24% of Alibaba Group.
So at $150 Billion its worth as much as Coke? You're kidding right? Coke has net revenue of $48 billion. Alibaba's is around $1 billion or so. Perhaps $3-$4 billion in the next few years.
Alibaba Net income is going to be 2.28 Billion per Morgan Stanley.
Net revenue for Alibaba is currently way over your #s.
Sentiment: Strong Buy