Is like the Democrats complaining that some of their voters don't have ID.
Its idiotic butt covering only. It has NO effect on earnings, growth, or any policies.
This entire thing is pure noise.
This company has 62B in assets, and no debt.
So ignoring the company making 1.35B each year in profit, lets just focus on the value of the assets.
If they were a holding company, they would be a company that is holding 62B in liquid assets.
Thats $65 a share.
Core worth 6B to 10B. Its worth something.
Would you not be willing to pay 10B for something that paid you 1.35B each year?
Its just noise.
Alibaba customers are not complaining. The factories selling and shipping are happy.
All Alibaba wants is its cut. Its not Amazon. Its not a warehouse. Its a middleman.
Take 100B in internet sales, remove a 4% cut, keep that 4B. The company is growing faster and faster.
Pressure to sell the core. Sure. But I think that the core is being marketed currently. Softbank certainly.
If Mr. Softee wants it or Google does, then so be it.
Take all the BABA shares, all of Yahoo Japan for $50 a share
And you get 8 billion dollars cash and the entire Yahoo enterprise and its other assets for free.
There is no way we should have moved lower today, other than the inherent loss of $1.60 in value from the BABA pullback.
Yahoo Japan is worth 7B. Guaranteed.
And Yahoo has 8B in cash on its books.
Take BABA at $39B, add in 15B
Yet as of today we are valued at ONLY $45B.
And we got another upgrade.
16B in taxes we don't have to pay.
And we are DOWN from Mondays close? Its beyond imagination. We should be up 10 points.
Instead we are down 50 cents from Mondays close.
This is not sustainable. I expect we see a sharp move up shortly. BABA's results should be their strongest ever, double the profit that FB has.
Just buy more.
Well I am impressed. WOW.
16 billion in tax savings, and now being poised to be bought by any number of companies with the residual core, and we get 40 cents.
This type of market imbalance cannot continue.
Alibaba is twice as profitable as Facebook right out of the gate, yet its treated like some toxic sludge.
Its the ultimate disrespect stock I guess.
BABA will release great numbers tomorrow.
If you wanna be short a company, might I suggest shorting BABA directly?
50 a share is $46B due to buybacks.
Baba is worth 39B. Cash on books is 8B.
Yahoo Japan is free. All other assets are free. Core business value ZERO.
16B according to MM.
We are only up a dollar from Mondays close.
We beat earnings, MM did the exact spin off we wanted.
The company is actually growing and she is not going to squander the money on crazy Snapchat or other junk.
And we are up $1.
ONE DOLLAR. I cannot for the life of me explain it.
I had it at 947, and they did a 22M buyback since.
I really doubt they gave away an extra 2B to employees. Seems wildly excessive and defeats the buyback entirely.
Lip service for something they already fixed.
If China cared about counterfeits, they can storm in to any Chinese factory and shut it down.
Its absurd they are even mentioning it, it just makes them look bad.
Meanwhile Alibaba profited from all the sales.
They have taken recent steps to stop the counterfeiters so who cares.
Its a NON issue.
If China is so concerned about fakes, its their country, shut down the factories that make the fakes.
BUY MORE BABA TODAY. SALES AND NET WILL BE RECORDS!