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(30-07-2021, 01:54 PM)sgbuffett Wrote: I added Netease to the buys today....had no chance to add to my HK stocks until the recent collapse gave a chance to buy.![[Image: jgnJevk.jpg]](https://i.imgur.com/jgnJevk.jpg)
Here are the 2 stocks one working day after the purchase.
I am not top concerned about short term movements which are harder to guess. Longer term they should do.well.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(02-08-2021, 02:52 PM)sgbuffett Wrote: Here are the 2 stocks one working day after the purchase.
I am not top concerned about short term movements which are harder to guess. Longer term they should do.well.
![[Image: YRzGwRR.jpg]](https://i.imgur.com/YRzGwRR.jpg)
Netease crash dude run arrr
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(03-08-2021, 09:40 AM)Zannn Wrote: Netease crash dude run arrr
Down 11% today. Not sure what the news is....maybe their IPO kena blocked.
I won't be too concerned.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(03-08-2021, 09:51 AM)sgbuffett Wrote: Down 11% today. Not sure what the news is....maybe their IPO kena blocked.
I won't be too concerned.
Even fundamental good, any govt move will crash it change all fundamentals. U better look out dude
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(03-08-2021, 10:02 AM)Zannn Wrote: Even fundamental good, any govt move will crash it change all fundamentals. U better look out dude
Netease got crushed today. Well no sure thing... I was too fast to pull the trigger.
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(30-07-2021, 12:27 PM)sgbuffett Wrote: It is always a buy when savvy investors are questioning themselves out of the valuation assessment and trying to
guess what Chjna govt will do etc. Use what you know and what you don't is just uncertainty....manage it.
Right now valuations are very low ...so clearly its a buy.
While they ask questions ...I am buying.
Quote:China is about CCP. I totally understand the concept of business, cagr, p/s, discounted cash flow etc…Yes. Correct. We should use this as a gauge for investment.
But in China, ccp makes decision. If they think your company is worth $0, then it worth $0 lo. Nothing as ooi….intrinsic value based on discount cash flow of Alibaba is US$250. Now is US$200. Very wuhua! Education sector already kana big time. Whatever valuation you say, if they say no profit, no fund raising and cannot do this and that, indirectly take hammer and whack you upside down.
I still believe alignment to ccp is crucial. After all these cases, those ceos will learn and eventually bring the companies to next height.
remember this. Ccp already show that they will only grow stronger and stronger. It is a matter of which companies will grow together with them. And which ones will be left behind. If you want to be guai lan with them like didi, confirm you suffer
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