SG Talk

As far as I can see. 
Operating profits decent 
Losses due to write down of investments.

(17-11-2022, 08:35 PM)sgbuffett Wrote: [ -> ]As far as I can see. 
Operating profits decent 
Losses due to write down of investments.

Regardless, Hs tech still goes up n up did u see that?

(18-11-2022, 08:14 AM)Zannn Wrote: [ -> ]Regardless, Hs tech still goes up n up did u see that?

Everyday it goes up and down alot. It says nothing about the underlying company. Yesterday big drama over Netease Activision deal despite numbers showing negligible impact Netease was sold down 13%...today it will recover most of that....so just traders playing back and forth.

Initially Alibaba sold off because revenue miss by 1%...but profit was much better than expected.

If one just have some skill to pour over its numbers you can see what is happening:

1. Because of weak China economy, Alibaba did not spend to expand business, this kept costs down.

2. Margins expand as a result causing profits to go up.

3. Just based on its free cashflow which is double digits and it's cashpile Alaibaba will just go above $100 either through share buy backs or long term investors buying. 

4. The company expanded its buybacks to $15B. This is probably the best use of cashflow vs spending to grow revenues.

5. The management knows what it is doing and is long term oriented. It further expanded its logistics business which entrench itself in the ecommerce space.

In the short term the stock went from $120 to $60 and many panic sell when they should be buying.

Looking at the execution,  I would think it is highly positive going forward. All the headwinds are caused by slowing China economy but the people at the helm are doing an excellent job.

Of course speculators buy sell and move the stock price all over the place to knock you off but the business is steady and cash is building up.

HSI going thru the roof now!!!

(18-11-2022, 09:01 AM)sgbuffett Wrote: [ -> ]Everyday it goes up and down alot. It says nothing about the underlying company. Yesterday big drama over Netease Activision deal despite numbers showing negligible impact Netease was sold down 13%...today it will recover most of that....so just traders playing back and forth.

Initially Alibaba sold off because revenue miss by 1%...but profit was much better than expected.

If one just have some skill to pour over its numbers you can see what is happening:

1. Because of weak China economy, Alibaba did not spend to expand business, this kept costs down.

2. Margins expand as a result causing profits to go up.

3. Just based on its free cashflow which is double digits and it's cashpile Alaibaba will just go above $100 either through share buy backs or long term investors buying. 

4. The company expanded its buybacks to $15B. This is probably the best use of cashflow vs spending to grow revenues.

5. The management knows what it is doing and is long term oriented. It further expanded its logistics business which entrench itself in the ecommerce space.

In the short term the stock went from $120 to $60 and many panic sell when they should be buying.

Looking at the execution,  I would think it is highly positive going forward. All the headwinds are caused by slowing China economy but the people at the helm are doing an excellent job.

Of course speculators buy sell and move the stock price all over the place to knock you off but the business is steady and cash is building up.

So where will hs tech goes? Been advising u so dude

(18-11-2022, 09:11 AM)Zannn Wrote: [ -> ]So where will hs tech goes? Been advising u so dude

Guessing the market and all that is only good for fun.
Of course, long-term investors make use of volatility to buy at low prices while speculators play the guessing game on market direction.

Investing is more looking at balance sheet than the market.