Baba

[Louetta]

Hedge Funds Ditch Alibaba for JD.com Less than a year ago investors were scrambling to pick up shares in Alibaba when it made its record debut on the New York Stock Exchange. Now sentiment is changing as JD.com, its smaller competitor, is becoming a hedge fund favorite.

http://www.bloomberg.com/news/articl...lbkam_20150831

This is interesting. The SEC site shows data going back to 2010 in recently filed reports:

http://www.sec.gov/Archives/edgar/data/1549802/000110465915028403/a15-5694_120f.htm

showing by my reading steady increase in revenues. The most recent 6 month report shows they are within screaming distance of making money. Stock price (ADS's actually) near lows not seen since right after the IPO. Natch, it's in China.

[riverbabe]

Got out of BABA wearing a barrel. Another sure thing gone bust!

---------------billy

I bot 200 more shares in January at about 98 on its way down from the high. Silly me, what was I thinking? Finally sold all in May at about 88. Hate it when that happens.

[riverbabe]

I hope after the final lockup expiration this month it will start trending up

It might just be the China market mess...in general.

[riverbabe]

This is interesting. The SEC site shows data going back to 2010 in recently filed reports:

http://www.sec.gov/Archives/edgar/data/1549802/000110465915028403/a15-5694_120f.htm

showing by my reading steady increase in revenues. The most recent 6 month report shows they are within screaming distance of making money. Stock price (ADS's actually) near lows not seen since right after the IPO. Natch, it's in China.

Sounds a lot like the Amazon model, as opposed to Baba's E-Bay model. Hmmm...

We have incurred significant net losses and we may continue to experience significant losses in the future.

We have incurred significant net losses since our inception. We had net losses of RMB1,729 million, RMB50 million and RMB4,996 million (US$805 million) in 2012, 2013 and 2014, respectively. We had accumulated deficits of RMB4,213 million, RMB4,264 million and RMB9,272 million (US$1,494 million) as of December 31, 2012, 2013 and 2014, respectively.

We cannot assure you that we will be able to generate net profits or positive cash flow from operating activities in the future. Our ability to achieve profitability depends in large part on our ability to increase our gross margin by obtaining more favorable terms from our suppliers as our business further grows in scale, managing our product mix, expanding our online marketplace and our new C2C business and offering value-added services with higher margins. Accordingly, we intend to continue to invest heavily for the foreseeable future in our fulfillment infrastructure and technology platform to support an even larger selection of products and to offer additional value-added services. As a result of the foregoing, we believe that we may incur net losses for some time in the future.

[jiesen]

BABA is trading below its IPO price, at $64 -- vs. $68. Maybe it's worth a look now that the IPO shine is off the stock, and see if it's a good buy here.

[jiesen]

For a JD vs. BABA comparison, the Silicon Valley show gives a good reason why people are dumping BABA for JD:

"If you show revenue, people will ask how much, and it will never be enough. It’s not about how much you earn but what you’re worth. And who’s worth the most? Companies that lose money." -Russ Hanneman

Which is dumb.

[Louetta]

Forbes has published their annual list of most powerful people. Jack Ma is 22nd and is on the cover.

(Putin is first, Merkel second and as such the most powerful woman, Yellen is 7th. Gates is 6th which surprised me a smidge).

[Louetta]

BABA offers me endless fascination. Looked for an opportunity to go short. Looking at puts of Jan. 2017, 14 months from now, a $70 strike ($10 OUT of the money) is $8.50 and there are 15,000 of them.

[Phoenix7]

BABA Notes from the Internet. "This year China’s version of Amazon, Alibaba BABA – NYSE, absolutely crushed it on Singles Day. Its $14.3 billion in sales over 24 hours marks a 60% improvement over 2014. So it should be skyrocketing right now, right?

Problem is, no one trusts the Chinese market right now — no matter how many toaster ovens young singles buy. As of this morning, BABA was off -12.6% over six trading days, and it looks like it will only get worse."

[Louetta]

Shareholders have approved an 8-1 split effective sometime in the next year. Hard pressed to remember the last split among popular stocks.

[billyjoe]

If we could have just "hung on sloopy" we'd be sitting on nice gains after 4 years.

------------------billy

[jiesen]

I love my BABA as well, Billy. I'm glad I won't be looking at this stock in 5 years wondering why I didn't invest at the IPO.

Long and Strong.

I'm looking at this stock and wondering why I didn't invest at the IPO.