Posts

Showing posts from November, 2017

JD.com 2017Q3 EPS beat expectation

Image
The mega-trend for China growth reflected in the online retail sales GMV is further reinforced by the earnings just reported by JD.com ($JD) before US Market open on Monday Nov 13. JD reported a mega beat result for us: JD.com ($JD) 2017Q3 YOY% EPS RMB 0.69/s 116% EPS, non-GAAP RMB 1.52/s 361% Gross Profit RMB 13 B 50% Revenue Online Sales Direct RMB 76.5 B 38.50% Service & Others RMB 7.28 B 46.20% Guidance for 2017Q4 net revenue to grow 35-39% YOY at 107B-110B yuan ($16.1B-$16.6B) vs expectation of 108.3B. For Q4, it's guiding to net revenues of 107B-110B yuan ($16.1B-$16.6B) -- a growth rate of 35-39% Y/Y, excluding the impact of JD Finance, and vs. expectations for 108.3B yuan. Data Source: JD.com Press Release JD closed a nice gap up today. Price has also broken out from the down trend or reverse head and shoulder pattern. It looks like this is what's needed to start turning JD.com back to it's long term uptrend. Trading is a very personal

DRAM 2017Q3 Revenue Up 16%

Image
TrendForce Reports 3Q17 DRAM Revenue Hit a New High With a 16.2% Sequential Increase; DRAM Prices to Rise by 10% on Average in 4Q17 Revenue of the entire global DRAM industry climbed to a new historic high for the third quarter of 2017, reports DRAMeXchange, a division of TrendForce. Contract prices of various DRAM products jumped by about 5% on average in the third quarter from the second quarter on the back of the year-end busy season and limited bit supply growth. As the market still experienced tight supply, total DRAM revenue for the third quarter rose by 16.2% from the second quarter. Source: DRAMeXchnage

Alibaba Singles' Day sales up 40% YOY while JD.com follows closely

Image
Alibaba ($BABA) reported sales from Singles' Day to be $25.3 billion, which is a 40% increase from last year's figure and more than estimate of $24 billion by Citigroup. JD.com ($JD) also revealed its Singles' Day sales figure the first time. The figure US$19.14 billion demonstrated that JD.com is a serious challenger to Alibaba. US sales between Thanksgiving (Nov 24) until Cyber Monday (Nov 28) amounted for $12.8 billion in 2016. The one day sales from just Alibaba's platform, not even counting figures from JD.com and other smaller eCommerce players, is already more than double of the four days sales in US. Total transaction volume on JD for the #SinglesDay period: RMB 127.1 billion $JD #China #ecommerce pic.twitter.com/j1HKuXbqsB — JD.com (@JD_Corporate) November 11, 2017

Alibaba's Singles Day Revenue estimated as $24B by Citigroup

Image
Tomorrow (11 Nov Saturday) will be Alibaba’s ($BABA) Singles’ Day event for this year. Last year, the event brought in $17.8B. Citigroup estimates 2017 sales of $24B. There are more than 60K global brands participating in this year's Singles Day event including Lululemon, Gap, Mac, and Macy’s. This year also marks the first time certain physical retailers participating and promoting the sale event inside existing stores or temporary storefronts. Singles Day started as Alibaba's event but competitors like JD.com and other smaller players quickly take advantage of the event too. So Singles Day event is not just Alibaba's event but almost like Boxing Day in the Western world. In Q2'17, Alibaba’s B2C Tmall e-commerce platform held a 51.3% sales share in the Chinese e-commerce retail market while JD.com held a 32.9% share according to eMarketer . Together these two companies hold 84.1% of China B2C. In an economy growth just upgraded to 6.8% from 6.7% by IMF, I be

Semiconductor Sector is full of activities in the last few days

Image
While the mega-deal news of Broadcom ($AVGO) acquiring Qualcomm ($QCOM) is still humming in the air pushing the semiconductor sector hanging high in mid air, we have news from Intel ($INTC) joining effort with AMD ($AMD) to combine their products to take on Nvidia ($NVDA). AMD was up 6% strong on Monday morning while Intel was up more than 1% near market open. As a result, the semiconductor index ETF iShares PHLX SOX Semiconductor Sector Index Fund ($SOXX) is gapping up 1% strong this morning.

China vs US GDP Per Capita : Lots of Room To Grow

Image
China is getting worldwide attention these days. From an very long term investment perspective, China is one of the best investment concept. It has been on a steady growth path in the last 30 years. It has a very strong and stable political leadership. It has a very large population. However, still, it is only an emerging country with much potential for growth in GDP per capita (see the US vs China GDP Per Capita chart above) As long as China is steady in its political development, it seems almost a sure-win to bet on China's growth for coming decades. Considering the recent strong demonstration of China's Xi Jinping firm leadership in the communist party at the closing of the China's 19th party congress, I'll say China has got decades of growth to come still. Image Source: Worldbank.org

US Sweet Crude Oil price is about to break major resistant around $55

Image
US Sweet Crude Oil Price is about to break US$55 resistant level since Oct 2015.

Qualcomm ($Qcom) is considering an $80m offer by Broadcom ($AVGO) - Stock up 13% strong in mid-day

Image