Wednesday, September 17, 2014

Alibaba... Don't Buy it..!!


2014 String-Bikini-Woman-s-Brand-Beachwear-Girl-s-Swimwear-Ladies-Bikinis-Set-Womens
Buy Swim Suit.

Investors should steer clear of Alibaba, valuation expert Aswath Damodaran said.

Investors are not getting a piece of a company, but getting a piece of a shell that owns a company where a politburo, basically, sets the board of directors. To pay fair price and get treated as a second-class citizen  is not a good deal.

Investors marry companies and have to be in for the long term. But in this case it is scary that investors have absolutely no power over how this company run, or what happens in the future.

It's a merchandising company that does it really well, has made a lot of money in China, but can't attach a $250 or $300 billion value.

Alibaba became more China-focused in the last year than less China-focused.

It's never been a particularly innovative company.

Jack Ma has power for life?

Add to all this, the Chinese market is to a great extent ambiguous.

Just a thought.

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