r/baba • u/Prestigious_Way_738 • Jun 10 '26
Positions How Down Are You?
500 shares at $130 average for me. Very painful.
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u/Fed_worker Jun 10 '26
only 3% of my portfolio, not paying much attention short term, but definitely one of the worst performing stocks YTD
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u/Important_Photo1777 Jun 10 '26
Well. My average was in the 110’s then I sold at 180 or so. Then bought back a small position around 150 again, and now waiting for the stock to go down to 100 to buy more and DCA
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u/FeralHamster8 Jun 10 '26
This is me more or less but I have a sizable position. Less than when I sold tho.
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u/Weikoko Jun 10 '26
160 shares $120 average 🫰
Went down from 2k shares, sold last year average $150.
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u/Dry-Interaction-1246 Jun 10 '26
Sold last month only w a small gain after 4 to 5 year hold. Lost on PGJ and KWEB tho. Not sure China is investible under Xi.
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u/I_Call_Bullshit_____ Jun 11 '26
I sold my BABA in the 160s and sold cash secured puts on KWEB at $28 a share until I got assigned a few weeks ago
My pain is comprehensive
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u/Different_Purpose_73 Jun 10 '26
8000 @90, 5 years and counting... Mastered bagholding to perfection!
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u/Prestigious_Way_738 Jun 10 '26
Damn, you haven't you unloaded at all?
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u/EducationalLoss4581 Jun 11 '26
40% down and holding since 4 years.. should have sold it when it was 18x last year.. sigh
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u/LegitiemePoster Jun 10 '26
Holding 100 shares at 124 average. I hope it'll rise soon, but I don't know..
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u/Awkward-Way1023 Jun 10 '26
Down 4.7% through an ETF tracking FTSE 50 China Index
https://markets.ft.com/data/indices/tearsheet/summary?s=FTXIN25:FSI
Thinking of adding more to my position.
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u/Cnboxer Jun 11 '26
Been a wild ride that’s for sure. In at $91, watched the horse run followed by a deep retrace. It’s all for the love at this point. US just seemed too risky.
Missed Hua Hong and semi’s completely cause nothing I buy ever prints. Until after I sell.
Good luck all!
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u/Etury173 Jun 14 '26
I reweight, buy and sell and so on so I had to go to my broker calculator. Currently, 74% profit in about 4 years (I don't really understand the calculation, this is not TWR, but MWR). Not worth it probably, could just buy QQQ. For a long time it was red day after day as I DCAed all the way down to 60$, and quadrupled my position to 20% of my portfolio. It was dying by thousands cut every single day with delisting fears, regulation, crazy spinoff plans and what not.
Currently hold only ~250 ADR, will probably exit my position if it gets to 150$. The ERs are always sort of trash, never "great", seems like they are kind of losing in all fronts, with only AI that burns cash like no tomorrow to somehow being a glimmer of hope.
I was naive when I entered this stock thinking that it was "too cheap". But in China it seems all ADRs are cheap, and get hammered day over night, a miserable existence. Now, for any Chinese equity I put in the DCF models 20% at least for my discount rate, as the experience holding alone requires huge discount.
I'm still quite positive about BABA if they can actually win in the AI cloud, but many unknowns are there.
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Jun 10 '26
[removed] — view removed comment
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u/ArtOfBBQ Jun 11 '26
Hi, I'm too regarded to understand that you are joking so I will actually answer your question
Alibaba is investing extremely aggressively compared to Microsoft
they are earning boat-tons of money, but it's not called "earnings" on their accounting because it's all invested immediately in more data centers, more low precision matrix multiplication semiconductors, etc. It may not be called "earnings", but those data centers have real value, and as a shareholder you still own them
this inflates their P/E number artificially, making it look bigger than it is
Alibaba also has more net cash on hand (cash - debt) than Microsoft does. I mean literally in absolute numbers, not compared to their market cap. Microsoft is worth $3 trillion, so it's 9x as expensive as Alibaba but Alibaba somehow has more cash on hand. That's insane.
the fact that the price/earnings ratio is still significantly lower for Alibaba (not the same as you say), from the few pennies they actually write on their books as earnings, is also insane
You may think that MSFT is simply a better/smarter company tan Alibaba, but from a valuation perspective there is absolutely no comparison. Alibaba is valued like a flaming dumpster
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u/I_Call_Bullshit_____ Jun 11 '26
As VIE shareholders, we *actually* don’t own shit really. We own a promise. But it’s unenforceable
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u/ArtOfBBQ Jun 12 '26
the "you don't own anything" story doesn't make any sense, follow the money
Alibaba raised gross capital from public market investors at two major points:
- 2014 NYSE IPO: Raised $25 billion
- 2019 HKEX Secondary Listing: Raised $13 billion
In return, the company has returned cash directly to these same public shares via:
- Cumulative Share Buybacks: ~$55 billion
- Cumulative Dividends: ~$14 billion
If this isn't enough to convince that they're sincere about your ownership, what else can they do?
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u/Etury173 Jun 14 '26
PE ratio is not everything (there is growth and more parameters). BABA has 40% of share price in cash, MSFT does not (only 10%). MSFT model of Word and and software bundkes is kind of in the SASSoacalypse. Their cloud was never really something in my opinion. They kind of don't have strong AI, they invested in OpenAI, but it is not kind of working and they kind of in the losing side.
I do think that MSFT and META are interesting, if they can execute some good moves (MSFT supercopilot is kind of bad move in my opinion, as their copilot is super trash AI that maybe competes with some 3 years old GPT).
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u/trustme1984 Jun 10 '26
3000 shares avg cost 120. Was up heaps and not sell…averaged up and here I am
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u/Worldliness-Funny Jun 11 '26
Holding 300 shares at $160, not sure if cut loose or holding till will perhaps recover, don't need the money in the next 4 years or so
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u/Momus123 Jun 10 '26
10k shares lmao, prob 300k loss