QUOTE(ChAOoz @ Mar 14 2022, 09:44 PM)
This looked so bad. Hence the share price.
I also dont know what will happen man, china is a way riskier bet than i have imagine. I started with 30% loss estimation then 50% now total loss assumption. Pretty sad but still i would like to see alibaba try for international business before i disposed.
Also i bought tencent for its metaverse capability, so if that one fail and they did not become big in metaverse i would also sell out.
In a brutal bear market (which China is in now), good news are ignored and bad news are overeacted upon.I also dont know what will happen man, china is a way riskier bet than i have imagine. I started with 30% loss estimation then 50% now total loss assumption. Pretty sad but still i would like to see alibaba try for international business before i disposed.
Also i bought tencent for its metaverse capability, so if that one fail and they did not become big in metaverse i would also sell out.
Tencent now has lower PE than Public Bank..logic ka? 😂
This post has been edited by Cubalagi: Mar 15 2022, 01:10 PM
Mar 15 2022, 01:10 PM

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