Tuesday, 15 September 2015

Alibaba: red flags raised by Barron's (2)

Alibaba has immediately responded in a quite detailed way to the issues raised.

Silverlake Axis (I blogged about the issue here) might want to take note. Their response "the Board has decided not to dignify the Report by preparing its own point-by-point rebuttal" is most disappointing, especially towards their loyal minority investors.



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3 comments:

  1. Wammo15 September 2015 at 12:42

    While there are still a few holes in some of Alibaba's comebacks. Still a comprehensive and timely response to the allegations. Agree that Silverlake should take note.

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  2. Anonymous15 September 2015 at 13:43

    http://www.theedgemarkets.com/my/article/nexgram%E2%80%99s-consultant-fee-raises-eyebrows

    This company's consultancy sum of RM47m if already paid surely is worth investigation by the authorities. One red flag raised.

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    Replies
    1. M.A. Wind15 September 2015 at 13:48

      Thanks, noticed, need to keep an eye on this amount, not exactly peanuts

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