Alibaba is a strong potential user/buyer of GSAT as their goal is to provide seller to buyer product WORLDWIDE. How best to serve under served markets than Sat. Big potential markets in India, Asia, etc..
Too many years ago to remember a college professor drummed into me the importance of focusing on cash flow when undertaking investment analysis. Whilst not flawless cash flow is harder to manipulate. That was a phenomenal free cash flow generation and conversion by Alibaba over the last quarter at 88% of revenue and RMB22.9bn of free cash flow. When I combined the last two quarterly free cash flow generation numbers and then annualised it Alibaba is currently running at a free cash flow yield of around 4.2%. That’s really solid to say the least. Chris Baily Jan 2015
This only gets better after singles day
last sell off was people "getting back to even" and getting out. All revenue streams in place with retail, data centers etc. strong. look for a break out as we get into the end of year and fourth quarter results.