bobbylim personal page - To The Moon

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2022-10-10

$ALLY 20221021 31.0 PUT$gg

2022-05-03

Hmm

Alibaba Group: Munger Position Halved, How About Yours?

2022-04-16

$ProShares UltraPro QQQ(TQQQ)$leys go

2022-06-20

$GREAT EASTERN HLDGS LTD(G07.SI)$lets go

2022-10-02

Ok

Alibaba Stock: Attractive Valuation Despite Mid-Term Headwinds

2022-09-23

Hmm

Sorry, the original content has been removed

2022-09-18

Nice

This Bear Market Advice Can Be Very Effective If You Do It In the Right Way

2022-06-08

$TAL Education Group(TAL)$lets go

2021-09-23

Like

Wall St ends higher as Fed signals bond-buying taper soon

2022-09-20

Nice

Renewed Support Called For Singapore Stock Market

2022-09-03

Hmm

Sorry, the original content has been removed

2022-08-27

$SPDR Portfolio S&P 500 ETF(SPLG)$hmm

2022-08-20

$SPDR Portfolio S&P 500 ETF(SPLG)$hmm

2022-11-28

$XIAOMI-W(01810)$ leggo

2022-10-05

$ALLY 20221021 31.0 PUT$>_<

2022-10-03

$ALLY 20221021 31.0 PUT$lfg

2022-09-22

$ALLY 20221021 31.0 PUT$ded

2022-09-21

$ALLY 20221021 31.0 PUT$hmm

2022-09-19

$Apple(AAPL)$lets go

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[OMG] Down by more than-100%! [OMG]","text":"It's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over! [OMG] Down by more than-100%! [OMG]","html":"It's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over, it's over! [OMG] Down by more than-100%! [OMG]"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9061989679,"gmtCreate":1651551346041,"gmtModify":1676534925780,"author":{"id":"3575499385722971","authorId":"3575499385722971","name":"bobbylim","avatar":"https://static.tigerbbs.com/1d9753dcafa04623c0e98c0bcaa291ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575499385722971","authorIdStr":"3575499385722971"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9061989679","repostId":"2232742796","repostType":4,"repost":{"id":"2232742796","kind":"news","pubTimestamp":1651547153,"share":"https://ttm.financial/m/news/2232742796?lang=&edition=fundamental","pubTime":"2022-05-03 11:05","market":"us","language":"en","title":"Alibaba Group: Munger Position Halved, How About Yours?","url":"https://stock-news.laohu8.com/highlight/detail?id=2232742796","media":"seekingalpha","summary":"SummaryFor investors who take Charlie Munger’s action into their consideration, his Alibaba holdings","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>For investors who take Charlie Munger’s action into their consideration, his Alibaba holdings now create some ambiguity.</li><li>He doubled his stake in Alibaba twice in 2021 Q3 and 2021 Q4, but then the position was reduced by about a half according to the recent Daily Journal&#39;s 13F.</li><li>To add to the ambiguity, he has given up his role as Chairman of the Daily Journal Corporation.</li><li>This article reengineers Munger’s thought process to gain insights into where Alibaba is headed next.</li><li>BABA is another textbook illustration of Munger’s wisdom of buying good businesses on the operating table, and I still hold this view after DJCO trimmed its position.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f665544ee7146e737beb7abd9b9596c\" tg-width=\"750\" tg-height=\"403\" width=\"100%\" height=\"auto\"/><span>Eric Francis/Getty Images News</span></p><p><b>Thesis</b></p><p>Many investors in Alibaba Group (NYSE:BABA) (OTCPK:BABAF) probably included Charlie Munger’s actions as part of their investment decision. Indeed, the legendary billionaire doubled down on his BABA position twice in 2021 amid market concerns, and both times created a news splash and large stock price movements. But the most recent filing from the Daily Journal Corporation (DJCO) reported that his BABA position was reduced by about a half as you can see from the chart below. To add to the ambiguity, he has also announced that he has given up his role as Chairman of the Daily Journal Corporation, a position held since 1977. Going forward, Munger will remain a director and keep being involved in its securities portfolio.</p><p>This article is my attempt to interpret Munger’s thought process surrounding his BABA positions. As his role at DJCO winds down, we can no longer rely on his actions as guidance in our BABA decisions and we will have to rely on our own judgment more. By reengineering Munger’s thoughts, we can gain insights for ourselves not only on BABA but also on other investment opportunities.</p><p>You will see next that my view is that what has happened between 2021 Q3 and Q4 best illustrates Munger’s wisdom of buying good business on the operating table, and I still hold this view after DJCO trimmed the BABA position recently.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9660e48240f12c06602d9d01717c9f9a\" tg-width=\"640\" tg-height=\"259\" width=\"100%\" height=\"auto\"/><span>Source: dataroma.com</span></p><p><b>Munger and BABA</b></p><p>The following chart summarizes the key events that led to Munger’s actions. As you can see from the chart below, he started buying BABA shares in 2021 Q1, after a large correction in its share price caused by the cancelation of the highly anticipated Ant Group IPO. He then doubled down his stake in Alibaba twice: first in 2021 Q3 and then again in 2021 Q4.</p><p>There are certainly good reasons for Munger’s decision. As mentioned above, the market reacted too quickly based on perception (based on the information available at that time). As a result, even though BABA’s core business is intact, its valuation became too compressed when Munger pulled the trigger to double down his bets. It is a textbook reflection of his wisdom of buying a good business on the operating table. At the prices he bought into BABA, it was valued as a terminally cheap and stagnating business, while its core fundamentals not only remain intact but also well-positioned for growth, as elaborated in the next section immediately below.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c9aab2ae2ddd5b74d6ef33ed6ea3682\" tg-width=\"640\" tg-height=\"283\" width=\"100%\" height=\"auto\"/><span>Yahoo Finance and Author</span></p><p><b>BABA’s core business remains intact</b></p><p>Firstly, my view is that many of the ongoing uncertainties as shown above (the Russian-Ukraine war, COVID interruptions, and the delisting fear) are only temporary and have little long-term relevance to BABA&#39;s existing core retail business. Secondly, the China government has expressed commitment to stabilizing the market and stimulating the economy. And key players like BABA will directly benefit from the government support, as reflected in the large share price rallies shortly after such announcements.</p><p>Under the above background, now let&#39;s look at BABA’s core retail business. BABA reported a total of 1.28 billion Annual Active Consumers Globally for the twelve months ended December 31, 2021. It is an increase of approximately 43 million from the twelve months ended September 30, 2021. This includes 979 million consumers in China and 301 million consumers overseas, representing a quarterly net increase of over 26 million (2.6%) and 16 million (about 5%), respectively. Such growth rates may be lower than its faster pace in the past. However, they are still very healthy growth rates at BABA’s scale. And again, the market overaction has compressed its valuation so much so that it is now viewed as a terminally cheap and stagnating business. But the reality is the opposite.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e09f58f155de8d774911dedd2de0f281\" tg-width=\"640\" tg-height=\"338\" width=\"100%\" height=\"auto\"/><span>BABA Earnings report</span></p><p>Looking forward, I see the business well-positioned for future growth and the fear overblown for a few key considerations. As aforementioned, upon rational examination, many recent developments are not only temporary but also irrelevant or even positive for BABA. For example, in Sept 2021, BABA made a pledge of 100 billion RMB (or about $15.5B or $3.1B per year) to the Chinese common prosperity fund. To me, this is a positive sign because it shows that the Chinese government is working out a path forward for BABA and hints at what a “new norm” could be for BABA. And also the recent separation of its China retail and international retail is also a positive development in my view. it compartmentalized the regulatory complications and risks for its core business. BABA is now well-positioned to capture the international market. Cainiao continues to expand its global infrastructure by strengthening its end-to-end logistics capabilities, including ehubs, line-haul, sorting centers, and last-mile network.</p><p><b>BABA’s other high-growth opportunities</b></p><p>Besides its core bread-and-butter business, BABA is also well-positioned to capitalize on its investments in other high-growth and high-margin opportunities both domestically and internationally. It is in a key strategic position to capitalize on its local and cross-border supply and global infrastructure in many key areas.</p><p>Its cloud segment is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the highlights. The cloud market in China is projected to grow from RMB 0.2 Trillion in 2020 to RMB 1.0 Trillion in 2025, a 5x growth in 5 years. BABA’s cloud computing revenue grew by 50% year-on-year in its last fiscal year (which ended on 31 March 2021) despite losing a major customer in the March quarter. Since then, its cloud segment grew by another 20% year-over-year to RMB19.5B million (US$3.1B million) in the most recent quarter. At the same time, its cloud revenue is also becoming more diversified. The revenue sources used to be dominated by the internet industry (about 60%). As of the last quarter, the share of the revenue from the internet industry has decreased to about 48%. The solid 20% year-over-year growth reflected robust growth from other key sectors such as the financial and telecommunication industries.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c3115a0e3831d1e821d9bf124fb342f5\" tg-width=\"640\" tg-height=\"358\" width=\"100%\" height=\"auto\"/><span>BABA earnings report</span></p><p><b>Valuation too cheap to ignore</b></p><p>Munger bought BABA shares on the operating table when it was valued as a terminally cheap business. The valuation is still too cheap to ignore. BABA remains deeply undervalued in terms of all the metrics, net earnings, free cash flow, and assets. As seen from the chart below, it’s current valued at about 12x FW PE. And according to consensus estimates, its valuation at the current price will be in the single-digit range starting in 2025 and at about only 6x by 2028.</p><p>At the same time, there is a large cash position on its balance sheet, making the valuation even more compressed than on the surface. Currently, about one-third of its market cap is in its current assets, and more than a half in its current assets, properties, and equity investments. With its China commerce raking in more than $90B of sales per year, the current valuation is equivalent to A) purchasing its equity at book value, B) paying for its China commerce operation at about 1.6x sales (Amazon is valued at about 3.5x sales in contrast), and C) getting all its other operations for free.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e840aa8a60cc3895b5046c5d64b48e23\" tg-width=\"640\" tg-height=\"281\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha</span></p><p><b>Conclusions and risks</b></p><p>This article attempts to reengineer Munger’s thought process surrounding his BABA positions. My view is that what has happened between 2021 Q3 and Q4 is another textbook illustration of his wisdom of buying good business on the operating table. And I still hold this view after DJCO trimmed the BABA position recently. In particular,</p><ul><li>My view is that as his role at DJCO winds down, the trim does not reflect his view anymore. At this point, BABA’s core businesses remain intact and are well-positioned for many high-growth areas especially its cloud computing and CAINIAO logistic infrastructure.</li><li>Many current fears (listed below) are overblown or irrelevant to the business fundamentals in the long term. On the opposite, in the nearer term, BABA investment is further protected at this point by its large share repurchase plan and the Chinese government to stabilize the market and its economy. Its $25B share repurchase plan will shrink the share count by almost 9% at its current price. Given its current undervaluation, it will be highly accreditive to boost shareholder returns.</li></ul><p>Finally, BABA investment does involve considerable risks and is definitely not suitable for all investment styles. The key risks as I see are elaborated below.</p><ul><li>First, large price volatilities. its stock price has recently become dominated by market sentiment and disconnected from fundamentals. Its stock prices easily fluctuated 30%+ in a few days or even a single day recently in response to news and sentiments that may or may not have direct relevance to its business fundamentals.</li><li>Second, the VIE structure risk could lead to a 100% loss. The Chinese government could confiscate foreign investments in BABA if they decide foreign investments made in BABA under the VEI structure are illegal according to Chinese law.</li><li>Third, the delisting risk could also lead to a substantial loss. It led to a 20%+ loss following the next few days in the recent DiDi delisting example.</li><li>Lastly, given the above large uncertainties, potential investors may consider a long call option to limit total exposure risks. As detailed in my earlier article, I think the market’s perception of its price variation is too conservative, resulting in a mispricing of its implied volatility.</li></ul></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Group: Munger Position Halved, How About Yours?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Group: Munger Position Halved, How About Yours?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-03 11:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4505816-alibaba-group-munger-position-halved-how-about-yours><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryFor investors who take Charlie Munger’s action into their consideration, his Alibaba holdings now create some ambiguity.He doubled his stake in Alibaba twice in 2021 Q3 and 2021 Q4, but then ...</p>\n\n<a href=\"https://seekingalpha.com/article/4505816-alibaba-group-munger-position-halved-how-about-yours\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4505816-alibaba-group-munger-position-halved-how-about-yours","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2232742796","content_text":"SummaryFor investors who take Charlie Munger’s action into their consideration, his Alibaba holdings now create some ambiguity.He doubled his stake in Alibaba twice in 2021 Q3 and 2021 Q4, but then the position was reduced by about a half according to the recent Daily Journal's 13F.To add to the ambiguity, he has given up his role as Chairman of the Daily Journal Corporation.This article reengineers Munger’s thought process to gain insights into where Alibaba is headed next.BABA is another textbook illustration of Munger’s wisdom of buying good businesses on the operating table, and I still hold this view after DJCO trimmed its position.Eric Francis/Getty Images NewsThesisMany investors in Alibaba Group (NYSE:BABA) (OTCPK:BABAF) probably included Charlie Munger’s actions as part of their investment decision. Indeed, the legendary billionaire doubled down on his BABA position twice in 2021 amid market concerns, and both times created a news splash and large stock price movements. But the most recent filing from the Daily Journal Corporation (DJCO) reported that his BABA position was reduced by about a half as you can see from the chart below. To add to the ambiguity, he has also announced that he has given up his role as Chairman of the Daily Journal Corporation, a position held since 1977. Going forward, Munger will remain a director and keep being involved in its securities portfolio.This article is my attempt to interpret Munger’s thought process surrounding his BABA positions. As his role at DJCO winds down, we can no longer rely on his actions as guidance in our BABA decisions and we will have to rely on our own judgment more. By reengineering Munger’s thoughts, we can gain insights for ourselves not only on BABA but also on other investment opportunities.You will see next that my view is that what has happened between 2021 Q3 and Q4 best illustrates Munger’s wisdom of buying good business on the operating table, and I still hold this view after DJCO trimmed the BABA position recently.Source: dataroma.comMunger and BABAThe following chart summarizes the key events that led to Munger’s actions. As you can see from the chart below, he started buying BABA shares in 2021 Q1, after a large correction in its share price caused by the cancelation of the highly anticipated Ant Group IPO. He then doubled down his stake in Alibaba twice: first in 2021 Q3 and then again in 2021 Q4.There are certainly good reasons for Munger’s decision. As mentioned above, the market reacted too quickly based on perception (based on the information available at that time). As a result, even though BABA’s core business is intact, its valuation became too compressed when Munger pulled the trigger to double down his bets. It is a textbook reflection of his wisdom of buying a good business on the operating table. At the prices he bought into BABA, it was valued as a terminally cheap and stagnating business, while its core fundamentals not only remain intact but also well-positioned for growth, as elaborated in the next section immediately below.Yahoo Finance and AuthorBABA’s core business remains intactFirstly, my view is that many of the ongoing uncertainties as shown above (the Russian-Ukraine war, COVID interruptions, and the delisting fear) are only temporary and have little long-term relevance to BABA's existing core retail business. Secondly, the China government has expressed commitment to stabilizing the market and stimulating the economy. And key players like BABA will directly benefit from the government support, as reflected in the large share price rallies shortly after such announcements.Under the above background, now let's look at BABA’s core retail business. BABA reported a total of 1.28 billion Annual Active Consumers Globally for the twelve months ended December 31, 2021. It is an increase of approximately 43 million from the twelve months ended September 30, 2021. This includes 979 million consumers in China and 301 million consumers overseas, representing a quarterly net increase of over 26 million (2.6%) and 16 million (about 5%), respectively. Such growth rates may be lower than its faster pace in the past. However, they are still very healthy growth rates at BABA’s scale. And again, the market overaction has compressed its valuation so much so that it is now viewed as a terminally cheap and stagnating business. But the reality is the opposite.BABA Earnings reportLooking forward, I see the business well-positioned for future growth and the fear overblown for a few key considerations. As aforementioned, upon rational examination, many recent developments are not only temporary but also irrelevant or even positive for BABA. For example, in Sept 2021, BABA made a pledge of 100 billion RMB (or about $15.5B or $3.1B per year) to the Chinese common prosperity fund. To me, this is a positive sign because it shows that the Chinese government is working out a path forward for BABA and hints at what a “new norm” could be for BABA. And also the recent separation of its China retail and international retail is also a positive development in my view. it compartmentalized the regulatory complications and risks for its core business. BABA is now well-positioned to capture the international market. Cainiao continues to expand its global infrastructure by strengthening its end-to-end logistics capabilities, including ehubs, line-haul, sorting centers, and last-mile network.BABA’s other high-growth opportunitiesBesides its core bread-and-butter business, BABA is also well-positioned to capitalize on its investments in other high-growth and high-margin opportunities both domestically and internationally. It is in a key strategic position to capitalize on its local and cross-border supply and global infrastructure in many key areas.Its cloud segment is one of the highlights. The cloud market in China is projected to grow from RMB 0.2 Trillion in 2020 to RMB 1.0 Trillion in 2025, a 5x growth in 5 years. BABA’s cloud computing revenue grew by 50% year-on-year in its last fiscal year (which ended on 31 March 2021) despite losing a major customer in the March quarter. Since then, its cloud segment grew by another 20% year-over-year to RMB19.5B million (US$3.1B million) in the most recent quarter. At the same time, its cloud revenue is also becoming more diversified. The revenue sources used to be dominated by the internet industry (about 60%). As of the last quarter, the share of the revenue from the internet industry has decreased to about 48%. The solid 20% year-over-year growth reflected robust growth from other key sectors such as the financial and telecommunication industries.BABA earnings reportValuation too cheap to ignoreMunger bought BABA shares on the operating table when it was valued as a terminally cheap business. The valuation is still too cheap to ignore. BABA remains deeply undervalued in terms of all the metrics, net earnings, free cash flow, and assets. As seen from the chart below, it’s current valued at about 12x FW PE. And according to consensus estimates, its valuation at the current price will be in the single-digit range starting in 2025 and at about only 6x by 2028.At the same time, there is a large cash position on its balance sheet, making the valuation even more compressed than on the surface. Currently, about one-third of its market cap is in its current assets, and more than a half in its current assets, properties, and equity investments. With its China commerce raking in more than $90B of sales per year, the current valuation is equivalent to A) purchasing its equity at book value, B) paying for its China commerce operation at about 1.6x sales (Amazon is valued at about 3.5x sales in contrast), and C) getting all its other operations for free.Seeking AlphaConclusions and risksThis article attempts to reengineer Munger’s thought process surrounding his BABA positions. My view is that what has happened between 2021 Q3 and Q4 is another textbook illustration of his wisdom of buying good business on the operating table. And I still hold this view after DJCO trimmed the BABA position recently. In particular,My view is that as his role at DJCO winds down, the trim does not reflect his view anymore. At this point, BABA’s core businesses remain intact and are well-positioned for many high-growth areas especially its cloud computing and CAINIAO logistic infrastructure.Many current fears (listed below) are overblown or irrelevant to the business fundamentals in the long term. On the opposite, in the nearer term, BABA investment is further protected at this point by its large share repurchase plan and the Chinese government to stabilize the market and its economy. Its $25B share repurchase plan will shrink the share count by almost 9% at its current price. Given its current undervaluation, it will be highly accreditive to boost shareholder returns.Finally, BABA investment does involve considerable risks and is definitely not suitable for all investment styles. The key risks as I see are elaborated below.First, large price volatilities. its stock price has recently become dominated by market sentiment and disconnected from fundamentals. Its stock prices easily fluctuated 30%+ in a few days or even a single day recently in response to news and sentiments that may or may not have direct relevance to its business fundamentals.Second, the VIE structure risk could lead to a 100% loss. The Chinese government could confiscate foreign investments in BABA if they decide foreign investments made in BABA under the VEI structure are illegal according to Chinese law.Third, the delisting risk could also lead to a substantial loss. It led to a 20%+ loss following the next few days in the recent DiDi delisting example.Lastly, given the above large uncertainties, potential investors may consider a long call option to limit total exposure risks. As detailed in my earlier article, I think the market’s perception of its price variation is too conservative, resulting in a mispricing of its implied volatility.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9083198467,"gmtCreate":1650076942545,"gmtModify":1676534642613,"author":{"id":"3575499385722971","authorId":"3575499385722971","name":"bobbylim","avatar":"https://static.tigerbbs.com/1d9753dcafa04623c0e98c0bcaa291ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575499385722971","authorIdStr":"3575499385722971"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TQQQ\">$ProShares UltraPro QQQ(TQQQ)$</a>leys go","listText":"<a href=\"https://ttm.financial/S/TQQQ\">$ProShares UltraPro QQQ(TQQQ)$</a>leys go","text":"$ProShares UltraPro QQQ(TQQQ)$leys go","images":[{"img":"https://community-static.tradeup.com/news/219ca19fb086ec12c611d803e60bd3d0","width":"1080","height":"2191"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9083198467","isVote":1,"tweetType":1,"viewCount":585,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9040770074,"gmtCreate":1655710405598,"gmtModify":1676535691063,"author":{"id":"3575499385722971","authorId":"3575499385722971","name":"bobbylim","avatar":"https://static.tigerbbs.com/1d9753dcafa04623c0e98c0bcaa291ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575499385722971","authorIdStr":"3575499385722971"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/G07.SI\">$GREAT EASTERN HLDGS LTD(G07.SI)$</a>lets go","listText":"<a href=\"https://ttm.financial/S/G07.SI\">$GREAT EASTERN HLDGS LTD(G07.SI)$</a>lets go","text":"$GREAT EASTERN HLDGS LTD(G07.SI)$lets go","images":[{"img":"https://community-static.tradeup.com/news/31fc17afcbcced5b567214de6c9ae74c","width":"1080","height":"2104"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9040770074","isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9916743995,"gmtCreate":1664687504517,"gmtModify":1676537494583,"author":{"id":"3575499385722971","authorId":"3575499385722971","name":"bobbylim","avatar":"https://static.tigerbbs.com/1d9753dcafa04623c0e98c0bcaa291ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575499385722971","authorIdStr":"3575499385722971"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9916743995","repostId":"1157459217","repostType":4,"repost":{"id":"1157459217","kind":"news","pubTimestamp":1664676789,"share":"https://ttm.financial/m/news/1157459217?lang=&edition=fundamental","pubTime":"2022-10-02 10:13","market":"us","language":"en","title":"Alibaba Stock: Attractive Valuation Despite Mid-Term Headwinds","url":"https://stock-news.laohu8.com/highlight/detail?id=1157459217","media":"TipRanks","summary":"Over the mid term,Alibaba’s share price has had a habit of moving in step with earnings revisions but during the past 3 months, this relationship has weakened.During the period, Alibaba’s forecast for adj EPS in FY2024 has been cut by 4%, yet the share price has dropped by 34%.Moving forward, how can this be corrected?","content":"<div>\n<p>Over the mid term, Alibaba’s (BABA)share price has had a habit of moving in step with earnings revisions but during the past 3 months, this relationship has weakened.During the period, Alibaba’s ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/alibaba-stock-attractive-valuation-despite-mid-term-headwinds\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock: Attractive Valuation Despite Mid-Term Headwinds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock: Attractive Valuation Despite Mid-Term Headwinds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-02 10:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/alibaba-stock-attractive-valuation-despite-mid-term-headwinds><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the mid term, Alibaba’s (BABA)share price has had a habit of moving in step with earnings revisions but during the past 3 months, this relationship has weakened.During the period, Alibaba’s ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/alibaba-stock-attractive-valuation-despite-mid-term-headwinds\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.tipranks.com/news/article/alibaba-stock-attractive-valuation-despite-mid-term-headwinds","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157459217","content_text":"Over the mid term, Alibaba’s (BABA)share price has had a habit of moving in step with earnings revisions but during the past 3 months, this relationship has weakened.During the period, Alibaba’s forecast for adj EPS in FY2024 has been cut by 4%, yet the share price has dropped by 34%.Moving forward, how can this be corrected? J.P. Morgan’sAlex Yao has an idea. The analyst believes “sentiment-driven fund flow is the current key share price driver and revenue recovery is the key determinant of market sentiment.”That is a bit of problem, then. Because Yao expects weak China consumption in the September quarter (F2Q23) to impact the revenue outlook.Since late August, Covid has once again been a disruptive force in a host of cities across China, and as such, Yao expects “limited improvement” in Alibaba’s core-core CMR (customer-management revenue) compared to the June quarter.The analyst sees the September quarter’s CMR falling by 4% from the same period last year, hardly any better than the June quarter’s 5% drop. On account of “low visibility of consumer sentiment improvement” or any relaxion of the Covid policies, the decline will continue in the December quarter, albeit at a slower pace (Yao expects a 2% year-over-year decline vs. anticipation of a positive turn previously).In contrast, given Alibaba’s firm commitment to cost-cutting and efficiency-improving measures, Yao sees “potential upside to consensus bottom-line projections.”However, that might not have enough of a positive effect right now. “Alibaba’s weakening revenue outlook in the near term could continue to weigh on the share price despite an unchanged, or even potentially better, profit outlook,” the analyst said, before summing up, “Nonetheless, we believe Alibaba’s share price is attractive on a 12-month view on 1) profit growth recovery to 20%+ in FY2024, 2) current consensus FY2024 PE of only 9x.”To this end, Yao rates BABA shares an Overweight (i.e., Buy) along with a $135 price target. This figure leaves room for 12-month share appreciation of ~69%. Yao’s rating stays an Overweight (i.e., Buy).Overall, Wall Street takes a bullish stance on Alibaba shares. 17 Buys and 1 Sell issued over the previous three months, making the stock a Strong Buy. Meanwhile, the $149.06 average price target suggests ~86% upside from current levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913143179,"gmtCreate":1663944125491,"gmtModify":1676537368145,"author":{"id":"3575499385722971","authorId":"3575499385722971","name":"bobbylim","avatar":"https://static.tigerbbs.com/1d9753dcafa04623c0e98c0bcaa291ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575499385722971","authorIdStr":"3575499385722971"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9913143179","repostId":"1188811179","repostType":4,"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937407188,"gmtCreate":1663474812844,"gmtModify":1676537276363,"author":{"id":"3575499385722971","authorId":"3575499385722971","name":"bobbylim","avatar":"https://static.tigerbbs.com/1d9753dcafa04623c0e98c0bcaa291ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575499385722971","authorIdStr":"3575499385722971"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9937407188","repostId":"1175700857","repostType":4,"repost":{"id":"1175700857","kind":"news","pubTimestamp":1663468218,"share":"https://ttm.financial/m/news/1175700857?lang=&edition=fundamental","pubTime":"2022-09-18 10:30","market":"us","language":"en","title":"This Bear Market Advice Can Be Very Effective If You Do It In the Right Way","url":"https://stock-news.laohu8.com/highlight/detail?id=1175700857","media":"RealMoney","summary":"Folks that watch the market very closely have a bias toward action. They become bored and restless a","content":"<html><head></head><body><p>Folks that watch the market very closely have a bias toward action. They become bored and restless and want to do something even when conditions are not favorable. This inclination leads to the most common advice in a bear market: to build positions by averaging into them.</p><p>In theory, this is a great idea. No one can time the market with great precision, so a good way to build a position is to make smaller buys over a more extended period of time and hopefully end up with a pretty good average entry price.</p><p>There is no disputing the wisdom of entering positions incrementally, especially in a poor market, but executing this strategy can be challenging. The most common mistake is to average into a position too big and fast. When positions are too large in a poor market, there is an increased risk of panic selling.</p><p>The problem is that market participants tend to have a very strong tendency toward premature action. They want to act, and they also want to try to time the exact lows, and the combination of the two tendencies is that they act too early.</p><p><b>Buying Later Rather Than Early Is Better</b></p><p>In previous columns, I have discussed my view that buying later rather than early is better. If you buy after a low has occurred, there are precise support levels, and there is more likely to be sustained upside momentum. When you buy into the teeth of a decline, you have to hope that the downside momentum is about to stop and reverse. When the market is oversold, there can be some good countertrend bounces, but it is extremely hard to predict market lows prospectively.</p><p>Averaging into positions in a bear market probably causes more significant damage to accounts than anything else. The big danger is that the timing is wrong, and the position becomes uncomfortably large and refuses to bounce. This evokes strong emotions and causes panic reactions.</p><p>It is also essential to recognize that there is a risk that maybe you are betting on the wrong stock. Not every stock that sinks in a bear market will rebound when conditions improve. If you keep adding as it goes lower, you are setting yourself up for a major loss. This is another reason why it is important to look for some strength before you add to a position.</p><p>I am a big fan of an incremental approach to trading and investing, but far too many people do it wrong. They are too focused on buying weakness and trying to time the bottom. You have to be willing to add into strength and not just on weakness. People tend to want to buy weakness because there is the illusion that they are getting a bargain, but in investing, you make the big money not by buying the low but by buying a sustained uptrend.</p><p>This is a critical point that most market participants overlook. Just because a stock has found a low doesn&#39;t mean it will go up very much. Buying low isn&#39;t a great strategy if there isn&#39;t any significant high to sell in a reasonably short time frame.</p><p>I highly recommend using the &#39;average in&#39; strategy, but I would amend it in two ways. First, use short-term volatility to trade the position. If you catch a bounce, then reduce the position and look to rebuy as conditions improve. Second, look to build the core position on strength rather than weakness. Don&#39;t just endlessly buy as the price goes lower. Make the stock prove that it has some relative strength before you trust it.</p><p>Averaging into a position is standard bear market advice, but it has to be done right to be effective.</p></body></html>","source":"lsy1619508253632","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Bear Market Advice Can Be Very Effective If You Do It In the Right Way</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Bear Market Advice Can Be Very Effective If You Do It In the Right Way\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-18 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://realmoney.thestreet.com/investing/this-bear-market-advice-can-be-very-effective-if-you-do-it-in-the-right-way-16100208><strong>RealMoney</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Folks that watch the market very closely have a bias toward action. They become bored and restless and want to do something even when conditions are not favorable. This inclination leads to the most ...</p>\n\n<a href=\"https://realmoney.thestreet.com/investing/this-bear-market-advice-can-be-very-effective-if-you-do-it-in-the-right-way-16100208\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://realmoney.thestreet.com/investing/this-bear-market-advice-can-be-very-effective-if-you-do-it-in-the-right-way-16100208","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175700857","content_text":"Folks that watch the market very closely have a bias toward action. They become bored and restless and want to do something even when conditions are not favorable. This inclination leads to the most common advice in a bear market: to build positions by averaging into them.In theory, this is a great idea. No one can time the market with great precision, so a good way to build a position is to make smaller buys over a more extended period of time and hopefully end up with a pretty good average entry price.There is no disputing the wisdom of entering positions incrementally, especially in a poor market, but executing this strategy can be challenging. The most common mistake is to average into a position too big and fast. When positions are too large in a poor market, there is an increased risk of panic selling.The problem is that market participants tend to have a very strong tendency toward premature action. They want to act, and they also want to try to time the exact lows, and the combination of the two tendencies is that they act too early.Buying Later Rather Than Early Is BetterIn previous columns, I have discussed my view that buying later rather than early is better. If you buy after a low has occurred, there are precise support levels, and there is more likely to be sustained upside momentum. When you buy into the teeth of a decline, you have to hope that the downside momentum is about to stop and reverse. When the market is oversold, there can be some good countertrend bounces, but it is extremely hard to predict market lows prospectively.Averaging into positions in a bear market probably causes more significant damage to accounts than anything else. The big danger is that the timing is wrong, and the position becomes uncomfortably large and refuses to bounce. This evokes strong emotions and causes panic reactions.It is also essential to recognize that there is a risk that maybe you are betting on the wrong stock. Not every stock that sinks in a bear market will rebound when conditions improve. If you keep adding as it goes lower, you are setting yourself up for a major loss. This is another reason why it is important to look for some strength before you add to a position.I am a big fan of an incremental approach to trading and investing, but far too many people do it wrong. They are too focused on buying weakness and trying to time the bottom. You have to be willing to add into strength and not just on weakness. People tend to want to buy weakness because there is the illusion that they are getting a bargain, but in investing, you make the big money not by buying the low but by buying a sustained uptrend.This is a critical point that most market participants overlook. Just because a stock has found a low doesn't mean it will go up very much. Buying low isn't a great strategy if there isn't any significant high to sell in a reasonably short time frame.I highly recommend using the 'average in' strategy, but I would amend it in two ways. First, use short-term volatility to trade the position. If you catch a bounce, then reduce the position and look to rebuy as conditions improve. Second, look to build the core position on strength rather than weakness. Don't just endlessly buy as the price goes lower. Make the stock prove that it has some relative strength before you trust it.Averaging into a position is standard bear market advice, but it has to be done right to be effective.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9051986208,"gmtCreate":1654637976804,"gmtModify":1676535480679,"author":{"id":"3575499385722971","authorId":"3575499385722971","name":"bobbylim","avatar":"https://static.tigerbbs.com/1d9753dcafa04623c0e98c0bcaa291ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575499385722971","authorIdStr":"3575499385722971"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TAL\">$TAL Education Group(TAL)$</a>lets go","listText":"<a href=\"https://ttm.financial/S/TAL\">$TAL Education Group(TAL)$</a>lets go","text":"$TAL Education Group(TAL)$lets go","images":[{"img":"https://community-static.tradeup.com/news/75de0f8169a188f973705ad280e39be7","width":"1080","height":"2191"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9051986208","isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":863334570,"gmtCreate":1632357770290,"gmtModify":1676530760905,"author":{"id":"3575499385722971","authorId":"3575499385722971","name":"bobbylim","avatar":"https://static.tigerbbs.com/1d9753dcafa04623c0e98c0bcaa291ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575499385722971","authorIdStr":"3575499385722971"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/863334570","repostId":"2169650271","repostType":4,"repost":{"id":"2169650271","kind":"news","pubTimestamp":1632343898,"share":"https://ttm.financial/m/news/2169650271?lang=&edition=fundamental","pubTime":"2021-09-23 04:51","market":"us","language":"en","title":"Wall St ends higher as Fed signals bond-buying taper soon","url":"https://stock-news.laohu8.com/highlight/detail?id=2169650271","media":"Reuters","summary":"NEW YORK, Sept 22 (Reuters) - The three major U.S. stock indexes rose 1% on Wednesday as investors m","content":"<p>NEW YORK, Sept 22 (Reuters) - The three major U.S. stock indexes rose 1% on Wednesday as investors mostly took in stride the latest signals from the Federal Reserve, including clearing the way for the central bank to reduce its monthly bond purchases soon.</p>\n<p>The S&amp;P 500 registered its biggest daily percentage gain since July 23.</p>\n<p>While trading was choppy following the Fed's latest policy statement and comments by Fed Chair Jerome Powell, stocks finished close to where they were before the central bank news.</p>\n<p>In its statement, the central bank also suggested interest rate increases may follow more quickly than expected and said overall indicators in the economy \"have continued to strengthen.\"</p>\n<p>Bank shares rose following the Fed news, with the S&amp;P banks index ending up 2.1% on the day, and S&amp;P 500 financials up 1.6% and among the biggest gainers among sectors.</p>\n<p>Some strategists viewed the Fed's comments as mixed.</p>\n<p>\"So they said we're going to probably start to taper, but they haven't said when and haven't said how much, so we're kind of back where we were a day ago,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p>\n<p>\"Those remain open questions,\" he said. \"Also, financial conditions remain very easy, and that's part of the reason why markets aren't going crazy at this point.\"</p>\n<p>The Dow Jones Industrial Average rose 338.48 points, or 1%, to 34,258.32, the S&amp;P 500 gained 41.45 points, or 0.95%, to 4,395.64 and the Nasdaq Composite added 150.45 points, or 1.02%, to 14,896.85.</p>\n<p>Apple and other big technology-related names gave the S&amp;P 500 its biggest boost.</p>\n<p>On the downside, FedEx Corp tumbled 9.1% after posting a lower quarterly profit and as the delivery firm cut its full-year earnings forecast.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 3.88-to-1 ratio; on Nasdaq, a 2.38-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted nine new 52-week highs and eight new lows; the Nasdaq Composite recorded 52 new highs and 66 new lows.</p>\n<p>Volume on U.S. exchanges was 9.91 billion shares, compared with the 9.99 billion average for the full session over the last 20 trading days.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St ends higher as Fed signals bond-buying taper soon</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St ends higher as Fed signals bond-buying taper soon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 04:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-st-ends-205138667.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK, Sept 22 (Reuters) - The three major U.S. stock indexes rose 1% on Wednesday as investors mostly took in stride the latest signals from the Federal Reserve, including clearing the way for the...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-st-ends-205138667.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".DJI":"道琼斯","SDS":"两倍做空标普500ETF","OEX":"标普100","FDX":"联邦快递",".IXIC":"NASDAQ Composite","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF","IVV":"标普500指数ETF","SH":"标普500反向ETF",".SPX":"S&P 500 Index","COMP":"Compass, Inc.","SSO":"两倍做多标普500ETF"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-st-ends-205138667.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2169650271","content_text":"NEW YORK, Sept 22 (Reuters) - The three major U.S. stock indexes rose 1% on Wednesday as investors mostly took in stride the latest signals from the Federal Reserve, including clearing the way for the central bank to reduce its monthly bond purchases soon.\nThe S&P 500 registered its biggest daily percentage gain since July 23.\nWhile trading was choppy following the Fed's latest policy statement and comments by Fed Chair Jerome Powell, stocks finished close to where they were before the central bank news.\nIn its statement, the central bank also suggested interest rate increases may follow more quickly than expected and said overall indicators in the economy \"have continued to strengthen.\"\nBank shares rose following the Fed news, with the S&P banks index ending up 2.1% on the day, and S&P 500 financials up 1.6% and among the biggest gainers among sectors.\nSome strategists viewed the Fed's comments as mixed.\n\"So they said we're going to probably start to taper, but they haven't said when and haven't said how much, so we're kind of back where we were a day ago,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.\n\"Those remain open questions,\" he said. \"Also, financial conditions remain very easy, and that's part of the reason why markets aren't going crazy at this point.\"\nThe Dow Jones Industrial Average rose 338.48 points, or 1%, to 34,258.32, the S&P 500 gained 41.45 points, or 0.95%, to 4,395.64 and the Nasdaq Composite added 150.45 points, or 1.02%, to 14,896.85.\nApple and other big technology-related names gave the S&P 500 its biggest boost.\nOn the downside, FedEx Corp tumbled 9.1% after posting a lower quarterly profit and as the delivery firm cut its full-year earnings forecast.\nAdvancing issues outnumbered declining ones on the NYSE by a 3.88-to-1 ratio; on Nasdaq, a 2.38-to-1 ratio favored advancers.\nThe S&P 500 posted nine new 52-week highs and eight new lows; the Nasdaq Composite recorded 52 new highs and 66 new lows.\nVolume on U.S. exchanges was 9.91 billion shares, compared with the 9.99 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910284791,"gmtCreate":1663632941814,"gmtModify":1676537304229,"author":{"id":"3575499385722971","authorId":"3575499385722971","name":"bobbylim","avatar":"https://static.tigerbbs.com/1d9753dcafa04623c0e98c0bcaa291ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575499385722971","authorIdStr":"3575499385722971"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9910284791","repostId":"1109151327","repostType":4,"repost":{"id":"1109151327","kind":"news","pubTimestamp":1663632335,"share":"https://ttm.financial/m/news/1109151327?lang=&edition=fundamental","pubTime":"2022-09-20 08:05","market":"sg","language":"en","title":"Renewed Support Called For Singapore Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1109151327","media":"RTTNews","summary":"The Singapore stock market headed south again on Monday, one session after halting the two-day slide","content":"<html><head></head><body><p>The Singapore stock market headed south again on Monday, one session after halting the two-day slide in which it had fallen almost 25 points or 0.8 percent. The Straits Times Index now rests just above the 3,255-point plateau, although it&#39;s likely to bounce higher again on Tuesday.</p><p>The global forecast for the Asian markets is cautiously optimistic as some traders believe the heavy selling in recent sessions has been overdone. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference.</p><p>The STI finished modestly lower on Monday following losses from the industrials and mixed performances from the financials and properties.</p><p>For the day, the index slipped 11.98 points or 0.37 percent to finish at 3,256.31 after trading between 3,252.21 and 3,274.47. Volume was 1.02 billion shares worth 811 million Singapore dollars. There were 295 decliners and 188 gainers.</p><p>Among the actives, CapitaLand Integrated Commercial Trust gained 0.48 percent, while CapitaLand Investment and Hongkong Land both skidded 0.82 percent, City Developments added 0.49 percent, DBS Group shed 0.45 percent, Genting Singapore declined 1.23 percent, Keppel Corp plunged 1.64 percent, Mapletree Pan Asia Commercial Trust sank 0.53 percent, Mapletree Logistics Trust climbed 1.18 percent, Oversea-Chinese Banking Corporation lost 0.40 percent, SATS rose 0.25 percent, SembCorp Industries tumbled 1.24 percent, Singapore Exchange slumped 0.83 percent, Singapore Technologies Engineering retreated 1.08 percent, SingTel fell 0.37 percent, United Overseas Bank collected 0.18 percent, Wilmar International dropped 0.50 percent, Yangzijiang Financial tanked 1.28 percent, Yangzijiang Shipbuilding plummeted 1.94 percent and Ascendas REIT, Thai Beverage, Mapletree Industrial Trust, Comfort DelGro and Jardine Matheson were unchanged.</p><p>The lead from Wall Street ends up positive as the major averages opened lower on Monday, bounced back and forth across the unchanged line before ending in the green.</p><p>The Dow jumped 197.26 points or 0.64 percent to finish at 31,019.68, while the NASDAQ jumped 86.62 points or 0.76 percent to close at 11,535.02 and the S&amp;O 500 gained 26.56 points or 0.69 percent to end at 3,899.89.</p><p>Trading activity was subdued as traders looked ahead to the Federal Reserve&#39;s highly anticipated monetary policy announcement on Wednesday. The Fed is widely expected to raise interest rates by another 75 basis points, although some see an outside chance for a 100 basis point rate hike.</p><p>A number of other major central banks around the world are also scheduled to announce their latest monetary policy decisions this week, including the Bank of England and the Bank of Japan.</p><p>Traders largely shrugged off a report from the National Association of Home Builders showing U.S. homebuilder confidence declined for the ninth consecutive month in September.</p><p>Oil prices recovered Monday after falling sharply, rebounding to end on a firm note amid concerns about supplies. A fairly steady dollar amid possible sharp hikes in interest rates limited oil&#39;s upside. West Texas Intermediate Crude oil futures for October ended higher by $0.62 or 0.7 percent at $85.73 a barrel.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Renewed Support Called For Singapore Stock Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRenewed Support Called For Singapore Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-20 08:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3312167/renewed-support-called-for-singapore-stock-market.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market headed south again on Monday, one session after halting the two-day slide in which it had fallen almost 25 points or 0.8 percent. The Straits Times Index now rests just ...</p>\n\n<a href=\"https://www.rttnews.com/3312167/renewed-support-called-for-singapore-stock-market.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3312167/renewed-support-called-for-singapore-stock-market.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109151327","content_text":"The Singapore stock market headed south again on Monday, one session after halting the two-day slide in which it had fallen almost 25 points or 0.8 percent. The Straits Times Index now rests just above the 3,255-point plateau, although it's likely to bounce higher again on Tuesday.The global forecast for the Asian markets is cautiously optimistic as some traders believe the heavy selling in recent sessions has been overdone. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference.The STI finished modestly lower on Monday following losses from the industrials and mixed performances from the financials and properties.For the day, the index slipped 11.98 points or 0.37 percent to finish at 3,256.31 after trading between 3,252.21 and 3,274.47. Volume was 1.02 billion shares worth 811 million Singapore dollars. There were 295 decliners and 188 gainers.Among the actives, CapitaLand Integrated Commercial Trust gained 0.48 percent, while CapitaLand Investment and Hongkong Land both skidded 0.82 percent, City Developments added 0.49 percent, DBS Group shed 0.45 percent, Genting Singapore declined 1.23 percent, Keppel Corp plunged 1.64 percent, Mapletree Pan Asia Commercial Trust sank 0.53 percent, Mapletree Logistics Trust climbed 1.18 percent, Oversea-Chinese Banking Corporation lost 0.40 percent, SATS rose 0.25 percent, SembCorp Industries tumbled 1.24 percent, Singapore Exchange slumped 0.83 percent, Singapore Technologies Engineering retreated 1.08 percent, SingTel fell 0.37 percent, United Overseas Bank collected 0.18 percent, Wilmar International dropped 0.50 percent, Yangzijiang Financial tanked 1.28 percent, Yangzijiang Shipbuilding plummeted 1.94 percent and Ascendas REIT, Thai Beverage, Mapletree Industrial Trust, Comfort DelGro and Jardine Matheson were unchanged.The lead from Wall Street ends up positive as the major averages opened lower on Monday, bounced back and forth across the unchanged line before ending in the green.The Dow jumped 197.26 points or 0.64 percent to finish at 31,019.68, while the NASDAQ jumped 86.62 points or 0.76 percent to close at 11,535.02 and the S&O 500 gained 26.56 points or 0.69 percent to end at 3,899.89.Trading activity was subdued as traders looked ahead to the Federal Reserve's highly anticipated monetary policy announcement on Wednesday. The Fed is widely expected to raise interest rates by another 75 basis points, although some see an outside chance for a 100 basis point rate hike.A number of other major central banks around the world are also scheduled to announce their latest monetary policy decisions this week, including the Bank of England and the Bank of Japan.Traders largely shrugged off a report from the National Association of Home Builders showing U.S. homebuilder confidence declined for the ninth consecutive month in September.Oil prices recovered Monday after falling sharply, rebounding to end on a firm note amid concerns about supplies. A fairly steady dollar amid possible sharp hikes in interest rates limited oil's upside. West Texas Intermediate Crude oil futures for October ended higher by $0.62 or 0.7 percent at $85.73 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939739720,"gmtCreate":1662166870960,"gmtModify":1676537010459,"author":{"id":"3575499385722971","authorId":"3575499385722971","name":"bobbylim","avatar":"https://static.tigerbbs.com/1d9753dcafa04623c0e98c0bcaa291ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575499385722971","authorIdStr":"3575499385722971"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9939739720","repostId":"1118605744","repostType":4,"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994384989,"gmtCreate":1661565277142,"gmtModify":1676536542486,"author":{"id":"3575499385722971","authorId":"3575499385722971","name":"bobbylim","avatar":"https://static.tigerbbs.com/1d9753dcafa04623c0e98c0bcaa291ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575499385722971","authorIdStr":"3575499385722971"},"themes":[],"htmlText":"<a 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