Seeking Alpha

Alibaba could file for U.S. IPO on Monday

  • Alibaba Group (ABABA) could file the prospectus for its U.S. IPO on Monday, Reuters reports, adding that the listing could be worth over $16B.
  • The report comes after major shareholder Yahoo (YHOO) disclosed that Alibaba's Q4 net income surged 110% to $1.35B as revenue jumped 66% to $3.06B.
  • Alibaba's results helped Yahoo's shares climb 6.8% in AH trading. In Tokyo, shares in SoftBank (SFTBF), which owns 37% in Alibaba, jumped 8.5%.

Check out Seeking Alpha’s new Earnings Center »

From other sites
Comments (7)
  • pt560
    , contributor
    Comments (3) | Send Message
    Why does Softbank rise more on Alibaba's results than Yahoo? After all, SFTBF might have a larger stake in ABABA, but YHOO is more exposed to it, as its market-cap is less than half of Softbank's- 80B vs 35.
    16 Apr 2014, 07:23 AM Reply Like
  • Energysystems
    , contributor
    Comments (1404) | Send Message
    The $ABABA stake is not priced into $SFTBF at all. I believe Softbank owns 37%; of which post-IPO could be worth anywhere from 50-75B. Just look at the PE ratios for $YHOO and $SFTBF.
    16 Apr 2014, 08:18 AM Reply Like
  • pt560
    , contributor
    Comments (3) | Send Message
    Softbank was up 8,5% today after Yahoo's earnings, so I guess it must be priced somehow. The PE ratios also take into account that these companies operate in different sectors.
    16 Apr 2014, 09:08 AM Reply Like
  • Energysystems
    , contributor
    Comments (1404) | Send Message
    Softbank is deep into the same sectors as yahoo. They own a stake in many internet based entities, including yahoo japan, online retailers, etc etc. Very underpriced for the assets. imo, Softbank will be around $125 per share after the $ABABA ipo.
    16 Apr 2014, 02:30 PM Reply Like
  • buyandhold???
    , contributor
    Comments (907) | Send Message
    guess yhoo will see $50 very soon
    16 Apr 2014, 07:27 AM Reply Like
  • Michael Bryant
    , contributor
    Comments (5788) | Send Message
    "Alibaba's (ABABA) Q4 net income surged 110% to $1.35B as revenue jumped 66% to $3.06B."


    (AMZN) had Q4 revenue of $25 billion. Its market cap is $148 billion.
    16 Apr 2014, 08:02 PM Reply Like
  • eager1
    , contributor
    Comments (127) | Send Message
    Correct me if I am wrong but the way I understand it YHOO is obligated to sell much of its Alibaba stake at the IPO. That is why many believe YHOO has downside after the IPO.
    22 Apr 2014, 12:40 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs