thanks for the link. Sorry for the multiple posts but I'm stuck in quarantine and the internet is slow....
Anyway, small arbitrage opportunity with the warrants .. exercise price $1.28 heads are $1.60 warrants 29.5 and with a dividend of 2.3 cents, they should be around 33 cents plus any time value U put on them.
Few people could have predicted the downward spiral for Alibaba Group when founder Jack Ma delivered his now-famously blunt criticism of Chinas financial system. Yet one year on, the technology titan has lost a whopping $344 billion in market capitalization, the biggest wipe-out of shareholder value globally.
Alibaba is 7% of the Marlin Portfolio.
Marlin says of Alibaba:
Alibaba is expected to grow in excess of 25% per annum over the next few years.
And in their September newsletter are still positive about the prospects.
Last edited by Onion; 26-10-2021 at 09:47 PM.
Reason: Spelling
WOW this whole Kingfish group is losing its halo. http://nzx-prod-s7fsd7f98s.s3-websit...549/361494.pdf
Adjusted NAV down 3.6% for the last 3 months v market index down just 1%
Underperforming for the year too but trading at a whopping 27.7% premium to NTA
Reality check on that premium to NTA coming ?
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
They've also had a really shocking time recently with Ali Baba and Tencent holdings too.
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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Originally Posted by exwesty
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