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Keep this stock in your watchlist !I am keen to acquire this stock as I expect the domestic tourism business in China to improve further and is a matter of time before the outbound travel commence. Nobody can travel without making a booking and you need a platform. Trip.com is well positioned in this business ! At the moment, chart is tough to analyse so I will wait a while more and yes, IPO stock is speculative but this is not a new listing per se as it is already listed in the Nasdaq market.
HKEX:9961Long
by dchua1969
1
SEHK 1810 - Xiaomi Breakout?Since the March 2021 sector rotation from growth to value, many of the technology equities have sold off heavily - Xiaomi being one of them. I believe Xiaomi is a good pick to have in your portfolio for the following reasons: Fundamentally 1) An Entrenched Product Ecosystem to Secure Market Share Xiaomi has built up its brand by acquiring users with affordable and high quality smartphones. Since then, it has expanded the variety of its consumer electronics products to include power banks, earphones and even IoT products such as sensors, smart speakers, and robots. This helps to create a strong network effect and enhances user stickiness, driving up switching costs. As users of the brand continue to experience merits of owning multiple connected device on one integrated platform, they will be more willing to purchase Xiaomi’s products over its competitors. 2) Untapped Monetization Opportunity in Internet Services Xiaomi is the only company other than Apple (AAPL) to have both hardware and Internet services in the business model. Many internet services and software companies have tried venturing at hardware devices but none have been able to scale significantly. Additionally, Xiaomi’s large hardware user base enables the internet business to have a low customer acquisition cost. We believe that as we enter an age of increased technological innovation and digitization, Xiaomi’s Internet Services segment will grow at a faster rate than its Smartphone Segment. 3) Capitalization on Huawei’s Decline due to US Sanctions Xiaomi is reaping gains from the overseas market as a result of the harsh US sanction on Huawei Technologies Co. The tightening sactions has resulted in Huawei only owning a limited stockpile of smartphone components, and consequently Xiaomi has stepped up to fill the gap in the online segment, seizing the market share from its rival. Analysts have suggested that Xiaomi is “set to benefit the most from Huawei’s fall globally, with their sales projected to increase by around 30% in 2021” (Deng & Borak, 2021). Indeed, Xiaomi saw sales in Europe grow 90% last year, a strong indication of their future potential growth. Based on a blended DCF using the perpetuity growth method and an EV/EBITDA exit multiple of 11.9, I derived a target price of $23.55 - $34.02. This is approximately a 1:4.2 risk to reward ratio at current levels. Technically Firstly, ever since the huge sell off at (1), we see a quick bounce back to the $27.15 level (which represents huge resistance as it has been tested twice). Selling pressure has significantly reduced as you can see in (2) and (3) - The downsides have decreased which indicate sellers running out of steam and the buyers are taking over. We also see a change in structure with higher lows in recent price action. This has created a triangle wedge which I love to see because it usually results in a breakout. Lastly, the price today on the daily closed with a bullish pin bar with decreasing volume - A good sign. While all of this points toward share price appreciation in the short-term, we need to be aware of where the HSI is trending as well. A rising tide lifts all boats after all. So far, the HSI is trading below the 50 day moving average, therefore share prices could potentially be rather muted until we see a break above those levels. A breakout above the $27.15 level will signal confirmation of the uptrend. I have already taken a position at $25 and will be planning to hold this till the end of the year as part of my portfolio. Please make your own investment decisions, this is by no means financial advice!
HKEX:1810Long
by cletibals
Cherish your life Please spend a minute or two and join me to pray for the family of Mr Wang Long. Read his story here There are many compartments of our lives, depending on which stage we are in. We have Family Health & wellness Career Hobbies/Interests Spiritual Finance Community The above is just a rough guide and you can slice and dice the way you want to run your life. While making money is important since we need a certain amount to sustain our lifestyle but it should not be overbearing and take over all areas of your life that lose focus on the other areas. There is a chinese saying, when young , you have health but you did not take care of it and slog and toil and play , diminish its importance and when you aged, you have money but no health. Often, I see mens and womens in their 50s-60s on wheelchairs and some even begging on the streets. Think of it this way - you can lose all your money and start over again but if you lose your life, that's it. Same as diversification in stocks strategy, we must also diversify our time into other important parts of our lives. Yes, having losses is painful, having to pay off the debts is painful but to take one's life and leave the family behind is even more painful to bear. Where there is a will, there is a way , so we must exercise prudence in our investing/trading and not let it affects our lives too much. What goes down must come up and what goes up will also come down. Like the four seasons, each has its time. Ecclesiastes 3:1-22 ESV / For everything there is a season, and a time for every matter under heaven: a time to be born, and a time to die; a time to plant, and a time to pluck up what is planted; a time to kill, and a time to heal; a time to break down, and a time to build up; a time to weep, and a time to laugh; a time to mourn, and a time to dance; a time to cast away stones, and a time to gather stones together; a time to embrace, and a time to refrain from embracing; ...
HKEX:175
by dchua1969
3
Tencent 700Hk - Slow & SteadyCurrently at a 24% discount off the peak of 775.5HKD on 17 Feb 2021, China/HK techs been facing alot of noise due to China Government policies to rein in the tech sector. Currently after the 2.8Billion USD fine on Alibaba, there was a major news selloff on the 13 Apr 2021 that regulators invited most tech for a meeting such as Tencent / JD / Meituan / Pinduoduo and more. However a major contrast was that the techs were all given 1 month notice to change and adhere to the guidelines which shouldn't be an issue. Key point to hold long term generating massive revenues from mobile gaming such as PUBG MOBILE and continue churning out games (E-sports as ongoing trend) PUBG Mobile was the highest grossing game in 2020, generating $2.6 billion in revenue. It has been downloaded over 730 million times. In Q3 2020, over 50 million people played the game daily www.businessofapps.com sensortower.com Strong business fundamentals / balance sheet / well invested into multiple companies Target pricing on 11 June 2021 TP High - 700 TP Low - 641 For discussion & education, Invest at your own risk
HKEX:700Long
by Furball_Machines
Have a pie of Chinese Healthcare market Read latest news here and here What will be the new US President , Joe Biden stand on US-China relationship ? Will he continue to impose trade tariffs like Donald Trump ? How about the delisting of Chinese stocks on Wall Street ? If the latter continues to happen, we can expect more Chinese companies returning to HK to get a second listing. Chart wise, this IPO has gone up quite a fair bit from its IPO price of 70 dollars. Now, it is undergoing a correction and I expect 133.3 to 145.5 to be the next support level it will revisit before we see bullish trend resuming.
HKEX:6618Long
by dchua1969
2