Overnight numbers: BABA
***18.3% GDP direct beneficiary
*** 34.2 % vs 28% expected RISE in RETAIL sales!!!
***undervalued, huge growth
***innovation, and now we know it has full CCP back up after wrist slap!!
** TAKE OFF confirmed***
Next Stop 260-280!!
(pulled back nicely after initial news last week, pension funds favorite! )
Zu ANT Financial:
From bloomberg website ( google search for: as-ipo-looms-all-you-need-to-know-about-jack-ma-s-ant-group ) here is a breakdown of ANT Group:
Online Payments: $17 T processed via Alipay
Lending: $290B in Consumer Loans
Asset Management: $173B Fund
Insurance: 107 M people insured
Even if lending requirements change from 2% to 30%, and even if the Lending reduces by say 50%, income is not going to be impacted that much, and the valuation of $225B that was given last year could be reduced to $150B, BUT if you noticed that the IPO was oversubscribed many times, so on debut, the market cap will definitely become higher.
ANT Group has the most number of patents in Blockchain and other related categories and a company like Stripe if its valued more than $100B, ANT can easily be valued at more than $200B.
The opening up of other platforms makes it easy for ANT to get more profits and in China and other regions of ASIA, Alipay is still the dominant payment platform.
Employees of ANT are waiting for a way to monetize their shares, and this will soon go an IPO and we will cross $300 soon ( all it takes is 5 days or less to cross $300)
Zurück
