I miss the boat when it is at 0.62... now buy in will too high the price? but i still holding somes when the time 1:3 bonus issued share... thinking to top up... any advise..
@JESSICA1668 After the 3 for 1 Bonus issue, my average cost is about 0.715 and am holding it till now, so you bought at 0.72 and even down at 0.705, your average cost probably is lower than mine, so don't have to worry, you are not alone... :-)
Eps 0.61c n PE 105, so the present price is already grossly valued given the fact that jack ma factors r involved . How long to systain is also questionable in the business persectives. Buy n sell at your own risks.
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Mr Tong Kooi Onn wrote a good piece in The Financial Edge weekly, on investing "fairy tales". Fedex, DHL, all doing PE 14-19x. Research said CAGR is only 11%, although can double with Government intervention. Finally, the Guru's guru said with facts and figures. Bravo.
Yes, Tong's insight is enlightening. Alibaba's subsidiary Lazada has its own logistic arm known as Lazada Express which would deliver its goods without resorting to other couriers.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Alex Foo
12,594 posts
Posted by Alex Foo > 2017-07-19 10:00 | Report Abuse
buy~