Alibaba (BABA) January 2024 Dividend

anyone else hugely underwater on this dog?

have a relatively small position at 90, planning to buy in at 70 if I feel that my thesis on this company is still valid. wbu?

i bought initially at 220 or so, but my average price is around 100 now but still mannnn

everyone. show me who is in plus on this position. noone

The problem of Baba has been the Chinese Goverment. However, this company is a machine of making money. Lets hope for some years under the Goverment radar, dividend growth and strong annual shares buy programs.

let’s go bag holders. tomorrow is our pay day 😂😂😂

I didn’t. maybe it’s tomorrow

I haven't gotten my dividends, have you?

I didn’t. maybe tomorrow?

It’s hard to compete with almighty Amazon

average around 94 dollars, for some years.... hopes set for a ride to 120 dollars.

Do you know if the dividend is a one-time thing or will it be fixed from now on?

BABA on last earnings call: "Going forward, we will continue to review and determine the dividend amount based on factors such as business fundamentals, capital requirements, among others, on an annual basis." hoping that means they will steadily grow it annually like TCHEY does

They haven't confirmed anything yet, but they have plenty of cash and it seems like they're doing it to give confidence to foreign investors.

stupid company, falling knife. sell as far as it became at least 90