Alibaba Group Holdings plans to price one of the largest initial public offerings ever this Thursday (September 18th, 2014) on the New York Stock Exchange. The IPO could raise over $25 billion dollars for Alibaba, its investors and founders. Alibaba is at its very essence a Chinese company, run by a Chinese management team, with Chinese customers, and the overwhelming majority of its revenue coming from business in China. To really understand the prospects of Alibaba, understanding the nuances ...
Why The Market Has Got It All Wrong And Why I'm Doubling Down Into The Alibaba IPO The selloff in Yahoo post poor earnings is a typical example of Mr. Market's short-sightedness.Given already implied bargain-basement valuations, the current move implies Yahoo core business lost ~90% of its value overnight.The renegotiation of the Alibaba stock sale alone adds $1.5 per share to the SOTP case.With worst case now more than priced into the stock, YHOO looks a very asymmetric ...
Dumbest Investing Ideas of 2014 Athlete IPOs. This year, San Francisco 49ers star tight end Vernon Davis IPO’d. Fantex Brokerage Services agreed to buy a 10 percent cut of all Davis’s future earnings for $4 million. There are so many reasons this is a not a good investment idea, but let’s limit our discussion to three: 1) You have limited ability to pick which companies are going to do well; what makes you think you have any ability to guess what any athlete’s future ...
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