Xiaomi Shares

[Sdf4786k]

Xiaomi Sinks After Billions of Shares Are Unlocked for Sale

 

Looks like its getting more reasonable to buy some.

 

https://www.bloomberg.com/news/articles/2019-01-08/billions-of-xiaomi-shares-are-about-to-be-unlocked-for-sale

 

Many Xiaomi Corp. investors, who could only watch as the stock shed $14 billion in market value, are now able to join in on the selling.

Expiring Wednesday was the six-month lockup period that followed the company’s Hong Kong debut, during which some employees and cornerstone investors were banned from disposing of their allocated shares. It’s been painful: Xiaomi has dropped to HK$10.34 from a listing price of HK$17, losing another 6.9 percent Wednesday on almost seven times its average volume of the past three months.

Edited January 9, 2019 by Carbon82

[Angcheek]

I thought Sahers was a new model

[Sdf4786k]

I thought Sahers was a new model ð

Yeah bait to catch eyeball

[Ct3833]

Yeah bait to catch eyeball

[Celicar]

Yeah bait to catch eyeball

[Beregond]

maybe its a good time to enter

[Sdf4786k]

having good product is one thing, whether Xiami has good products in future  and continue to breakthrough is more critical to share price. Next is whether the current share price over priced. One has to consider the amount of share placement, market cap, earning per share, future potential and many others.  of course, buy when everyone  is selling is a  correct strategy. 

 

you are right.

 

The share is still 30% more expensive comparatively vs Apple shares at the 10.XX value.

 

I suppose 7 dollars is a good indicator.

 

 

That's right, picking up a share of Xiaomi at a fraction of the listing price is still a share and in no way inferior to another share bought at a much higher price. Hence willing the share price to plunge.

 

According to "analyst" its still not worth it as its still 30% more expensive than apple 

Edited January 10, 2019 by Sdf4786k