Suggestions for a speculative punt?

adindas

• 21 Wallstreet Analysts " ALL Buy" (No holding or Selling, very unusual)
• ARK Invest has been buying it since yesterday.
• CNBC Analysist Jon N “Bulls bet on Alibaba (see below)”
• Benzinga recommnedation

Is there any stronger conviction than this ?? I would like to know.

https://www.youtube.com/watch?v=QHmAmmKtLWY

csgohan4

BABA been performing poorly recently due to the ANT fiasco. Will this have further implications for the organisation? 

bermudianmark

I am watching lse: SHOE which seems to be recovering well at the moment.  Could be a double bagger.

bowlhead99

bermudianmark said:

I am watching lse: SHOE which seems to be recovering well at the moment.  Could be a double bagger.

It's already close to double the price it hit a couple of months back, and around the level they'd dropped to in the first lockdown. If they survive (and rivals go out of business), could do well in the end. For the moment, having much of the country unable to go shoe shopping is probably not useful. And do we need new shoes for work or play when we're working from home and avoiding social engagements? Online won't make up for the lack of face to face purchases, and they have relatively low fixed costs but someone's got to pay the rent on all their stores.

In their last post-year-end announcement at the end of November, when saying they would delay the results for the year ended early October until early March, they said they were still a going concern "assuming there are no further material COVID-19 related restrictions mandated by the Government over and above those already known". Then we came out of national lockdown for a bit of a breather before a major Tier 4 lockdown in parts of the country which has spread further in recent days while T2 places moved to T3 etc.  Definitely fits the 'speculative punt' category as the share price being up over 60p again doesn't mean it couldn't be in the 0-40p range again before long, but alternatively could deliver a monster recovery a few months down the line.

Retireby40

NIO could be one to look out for. China's plan to have 20-25% of all cars electric by 2025.

NIO also have been helped by the Chinese government who are clearly interested in helping cut pollution.

Its risky and there's their annual announcement on 9th January which could see a little movement. That's probably already been priced into the stock already.

We have seen whats happened with Tesla. Even if NIO stock doubled from around 46.0 it wouldn't be a bad return.

Username999

Retireby40 said:

We have seen whats happened with Tesla. Even if NIO stock doubled from around 46.0 it wouldn't be a bad return.

According to the charts I'm looking at:
NIO outperforms TSLA on the 3 month, 6 month and 1 year chart.

Thrugelmir

Retireby40 said:

We have seen whats happened with Tesla. Even if NIO stock doubled from around 46.0 it wouldn't be a bad return.

Going to have to ramp up their manufacturing output to achieve that. Chinese companies aren't going to be allowed to gouge their customers with high prices. 

Thrugelmir

csgohan4 said:

BABA been performing poorly recently due to the ANT fiasco. Will this have further implications for the organisation? 

Seems as if ANT became the Northern Rock\Halifax of China. Business will survive. Just going to be worth a great deal less. 

csgohan4

Thrugelmir said:

csgohan4 said:

BABA been performing poorly recently due to the ANT fiasco. Will this have further implications for the organisation? 

Seems as if ANT became the Northern Rock\Halifax of China. Business will survive. Just going to be worth a great deal less. 

Problem is, alot of Global index trackers have Baba in their portfolio, so this may have implications for them, especially as their passive trackers. 

I also hold a pacific ex japan fund as well which will not be great, but it is active, so hopefully they will consider this 

I was considering a few months to overweight into BABA, glad I didn't. I chose more overweight in an American fund instead

csgohan4

Thrugelmir said:

Retireby40 said:

We have seen whats happened with Tesla. Even if NIO stock doubled from around 46.0 it wouldn't be a bad return.

Going to have to ramp up their manufacturing output to achieve that. Chinese companies aren't going to be allowed to gouge their customers with high prices. 

Not sure if they can get the profit margins from the Chinese, they like things to cost cheap and not overly expensive.  They also don't have the rep say Tesla or Apple has when it comes to product pulling power.