and this hits another new high
This will without a doubt keep going higher as BABA is the most recognized and best company available in the fastest growing economy on earth. $150 easily by January.
This will move in tandem with BABA. Investors will jump all over this if they are able to increase rev growth above the 25% forecast. Their is nothing DANG can't do from a technology or marketing stand poinst that VIPS has done. And DANG dominates the book space, personal care and NOW making a huge push into the the luxury clothing segment that as set VIPS to high levels. It's a low risk, high reward propostion at these levels folks! Not a trader just a buyer and holder for the next few years. And MY BABA is going to keep rolling along as well.
263 MIL in cash and ZERO DEBT. Their growth rate is greater than it's foward PE. This is a very safe stock wtih little risk unlike VIPS which is priced for perfection. DANG could very well beef up it's marketing and increase their growth rate in the next couple of quarters and burn the shorts. But i'm happy with their 1/4 billion dollars in cash and tight financial control and NOT taking on debt. In the next few years this will be a high flyer.
This company is profitable and sailing under everyone's radar. BUY AND HOLD. LOCK UP THESE SHARES. CHINA is a weathy weathly country people. Their middle class is growing by millions every month! I love this buying opp!
I remember how fast VIPS went from $40 to $140 then up to $210. DANG will get to at least half that in a year.
DANG is looking strong. A comany with earnings and zero debt in the largest ecommerce market in the world. What isn't to like here? DANG's growth will accelerate rapidly here and so will it's share price. Goodbye teens, hello 20-30 after the earnings report. Shorts are NERVOUS!!
But this is still nothing yet folks. When we hit $50 we will still only have a market cap about half of ViPS even though we have more active customers. DANG has far more room for growth when compared to VIPS.
The market is selling off but DANG is very strong. This should be $20 plus in a month or 2.
NO DEBT, 223 MIL in cash. in a market with over 600 million internet users. This is a no brainer buy and hold for 5 years. We will reach $50-70 in a few years.
DANG is the best value of them all. When the intsitutions jump on board and they will at some point. This will rocket up.
When the institutions load up they will send this to VIPS type levels. DANG has put the infrastructure in place, They are profitable, have zero debt, have about $279 mil in quartely sales. Soon growth will accelerate beyond the current 30%. Buy while we are still cheap!
I am a shareholder and I frequent DANG's website and the websites of nearly all of their competitors. DANG's customer satisfaction rating is higher than VIPS. DANG has 21 fulfillment centers in place. More than VIPS. DANG has matched VIPS in advertisments and discounts for luxury clothing brands. This will be reflected in DANGS share price in the coming quarters and we will be heading much higher from the low teens.
The websites are nearly identical with DANG having a much larger variety of products such as personal care products and books, clothing etc. People are assuming DANG will not close the gap. If it can and it will DANG will march up fast in the coming years. BUY here on the cheap. Remember you could have bought VIPS in the single digits less than a year and half ago. I'm holding for 5 years. I last added in the 9's and have purchases from as low $3.80. This is one you can add on weakness. DANG wont go bankrupt with 200 mil in cash and ZERO DEBT and is now PROFITABLE. DANG is a much better value than VIPS. which could have a hiccup at any point and the stock could drop 40%.
We will be sitting at $403/sh. That's what this company will give you if you can buy and hold for 10 years.
Heading to $30 within a year.