BABA and Tencent will lead HK market a sustainable rally

BABA: forward PE is just around 22-24, and its recent EPS growth is around 40%.


Tencent: forward PE is just around 30. How about if its price rises to 35PE? It will be around $400.


If Tencent worth 35PE, how about BABA? 35PE? 45PE?


I guess the performance of HK market will be relatively strong in this quarter because of these two giant companies.

Zoetis (ZTS) quarterly result

The result is stronger than expectation. Q3 EPS is $0.94. Personally its fair value is $133-$140.

Apple (AAPL) and Facebook (FB) quarterly results

Apple: Actually Q4 is quite good. The coming year revenue will be strong. iPhone 11, iPhone XR in India, new services like Apple Card, TV, new 5G phones...etc. will be Apple's growth drivers. I guess its performance will be quite strong in the coming three to six months. What I can say? Elephant can still fly!!


FB: Strong result. Both Google and FB are not expensive now, but I like Google more. They will break new high soon.

Mastercard (MA) quarterly result

Good. Same as Visa.


Why not both?

Google (GOOG) quarterly result

Good. Although the cost increases, its potential for substantial growth is still high.


It will keep breaking new high.

Twitter (TWTR) quarterly result

Actually it is not bad. Should keep it rather than sell it now.

Visa (V) quarterly result

Good. It is still a good company with steady growth.


Fair value at this moment is $200-$210.


If its EPS in 2022 will reach $8.3-8.5, should you sell it today?