November 20, 2007
Posted by Jr2inla
Does Alibaba - have Google sized growth potential over the next 1-2 years? Do I wait until it's listed on the NYSE or buy now through IB?
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November 21, 2007
Posted by TonyLiu
( 2 ratings )
As China's economy continues to prospere, more households are connecting to the internet, think 5 years ago in the US.
What I love about Alibaba is that it is strengthening its images as the must-use channel for sellers in China. Think Amazon 5 years ago compared to now...
My Alibaba play: I have a long position in Yahoo (Yhoo), which owns a 39 percent stake, increasing my interest to see Alibaba succeed. Not that emotion plays into my investment decisions.
However, to answers your question, I would not buy Alibaba directly. I'm quiet pleased with my Yahoo shares interest in the company, I like the diversified investment it offers me. If I had to buy a stock now I'd go with an oil company with a low multiple of say 15 and now 300+
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- Jr2inla: Ok...I follow you on the comparisons..that lends a good perspective to the situation. Any insight on waiting for it to be listed on the NYSE vs buying through a site like IB (InteractiveBrokers)?
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TonyLiu:
I don't know what InteractiveBrokers is. What do they offer?
I'm not suggesting you buy Alibaba directly. I believe you are better off buying Yahoo! to play Alibaba and invest in a company that is more stable, has buyout potential from MS, and is far more diversified.
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