Altaba Inc

AABA-Q

NASDAQ:AABA

19.63
0.00 (0.00%)
Altaba Inc. is an investment company based in New York City that resulted from Verizon's acquisition of Yahoo! Inc's Internet business. The company that remained after the purchase changed its name to Altaba Inc. on June 16, 2017.
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Analysis and Opinions about AABA-Q

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PAST TOP PICK
PAST TOP PICK
December 17, 2018
(A Top Pick May 14/18, Down 14%) Oct. $75 put. He acquired at $70, and it's now $60. If he took in the stock today, he'd just write another call, $60 at 2-3 months out, and likely get $4-5.
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Altaba Inc (AABA-Q)
December 17, 2018
(A Top Pick May 14/18, Down 14%) Oct. $75 put. He acquired at $70, and it's now $60. If he took in the stock today, he'd just write another call, $60 at 2-3 months out, and likely get $4-5.
TOP PICK
TOP PICK
May 14, 2018

This is the old Yahoo. Short put. 90% of the assets are shares in Alibaba, and AABA is the cheap way to play this. Place a $75 put in October. You'll get $4.50/share. He thinks Alibaba will stay above $75, so you'll keep the premium.

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Altaba Inc (AABA-Q)
May 14, 2018

This is the old Yahoo. Short put. 90% of the assets are shares in Alibaba, and AABA is the cheap way to play this. Place a $75 put in October. You'll get $4.50/share. He thinks Alibaba will stay above $75, so you'll keep the premium.

COMMENT
COMMENT
August 16, 2017

For now, this just represents their position in Alibaba (BABA-N), so it is kind of a reflection on how Alibaba is doing. Alibaba is doing very well, but the valuation is very high and very difficult to assess a downsize if something goes wrong.

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Altaba Inc (AABA-Q)
August 16, 2017

For now, this just represents their position in Alibaba (BABA-N), so it is kind of a reflection on how Alibaba is doing. Alibaba is doing very well, but the valuation is very high and very difficult to assess a downsize if something goes wrong.

COMMENT
COMMENT
June 13, 2017

The company is planning a Dutch auction, offering to buy back $3 billion worth of stock. Currently they have slightly negative to sort of low single digit growth, and at the same time they are asking for a multiple year. This is not a bad exit point. There are probably better spaces to be in at this time.

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Altaba Inc (AABA-Q)
June 13, 2017

The company is planning a Dutch auction, offering to buy back $3 billion worth of stock. Currently they have slightly negative to sort of low single digit growth, and at the same time they are asking for a multiple year. This is not a bad exit point. There are probably better spaces to be in at this time.

HOLD
HOLD
June 9, 2017

There are still reasons to hang onto this. Their Internet business is being sold to Verizon. What you have left is the stub, which is basically a holding company of Ali Baba (BABA-N) and Yahoo Japan. Looking at the current price of Ali Baba, and multiply it times the number of shares that Yahoo owns, the Yahoo price is below its holdings.

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Altaba Inc (AABA-Q)
June 9, 2017

There are still reasons to hang onto this. Their Internet business is being sold to Verizon. What you have left is the stub, which is basically a holding company of Ali Baba (BABA-N) and Yahoo Japan. Looking at the current price of Ali Baba, and multiply it times the number of shares that Yahoo owns, the Yahoo price is below its holdings.

COMMENT
COMMENT
May 15, 2017

From a sum of the parts basis, this is undervalued. The risk is that you have to be careful of Chinese companies. The primary value in this company is there shareholding in Ali Baba (BABA-N). There is a lot of great growth in China, but Ali Baba does not pay a dividend. If something bad happens in China, the primary determinant in this stock is going to get hit.

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Altaba Inc (AABA-Q)
May 15, 2017

From a sum of the parts basis, this is undervalued. The risk is that you have to be careful of Chinese companies. The primary value in this company is there shareholding in Ali Baba (BABA-N). There is a lot of great growth in China, but Ali Baba does not pay a dividend. If something bad happens in China, the primary determinant in this stock is going to get hit.

PAST TOP PICK
PAST TOP PICK
March 7, 2017

(A Top Pick Feb 18/16. Down 55.44%.) *Short*. He closed this Short. There is an offer to buy the company, which was his catalyst for getting out. This is a property that has really struggled for a long time.

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Altaba Inc (AABA-Q)
March 7, 2017

(A Top Pick Feb 18/16. Down 55.44%.) *Short*. He closed this Short. There is an offer to buy the company, which was his catalyst for getting out. This is a property that has really struggled for a long time.

SELL
SELL
January 30, 2017

This is really lacking in search. It is really hard to see a catalyst going forward. The company will be sold off and the best parts taken. He sees no reason to hold this.

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Altaba Inc (AABA-Q)
January 30, 2017

This is really lacking in search. It is really hard to see a catalyst going forward. The company will be sold off and the best parts taken. He sees no reason to hold this.

SELL
SELL
July 11, 2016

Currently going through a sales process and are down to their final bids. You have to believe you will get something much higher to justify holding it. Most people don’t expect a much higher bid from where the stock is right now. If you own, he would lean towards Selling and save your capital.

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Altaba Inc (AABA-Q)
July 11, 2016

Currently going through a sales process and are down to their final bids. You have to believe you will get something much higher to justify holding it. Most people don’t expect a much higher bid from where the stock is right now. If you own, he would lean towards Selling and save your capital.

SELL STRENGTH
SELL STRENGTH
June 16, 2016

Their core business is on the block, and he thinks there are a bunch of bidders for it. There is also their position in Ali Baba (BABA-N) which is the vast majority of the stock price. This is a trade, not an investment. If you own, he would get out on any little pop.

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Altaba Inc (AABA-Q)
June 16, 2016

Their core business is on the block, and he thinks there are a bunch of bidders for it. There is also their position in Ali Baba (BABA-N) which is the vast majority of the stock price. This is a trade, not an investment. If you own, he would get out on any little pop.

COMMENT
COMMENT
June 14, 2016

(Market Call Minute.) You would be buying this for the breakup value. The stock has been trading sideways. There might be better places with higher odds.

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Altaba Inc (AABA-Q)
June 14, 2016

(Market Call Minute.) You would be buying this for the breakup value. The stock has been trading sideways. There might be better places with higher odds.

BUY
BUY
April 14, 2016

He likes management. He thought there would be an Alibaba spin off, but now he thinks you get a buyout of Yahoo and a stub share of Alibaba. This is a workout situation and he likes them. There might be some more pullbacks, but look for this company to do more to enhance share value. The breakup will be more than the $37 share price.

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Altaba Inc (AABA-Q)
April 14, 2016

He likes management. He thought there would be an Alibaba spin off, but now he thinks you get a buyout of Yahoo and a stub share of Alibaba. This is a workout situation and he likes them. There might be some more pullbacks, but look for this company to do more to enhance share value. The breakup will be more than the $37 share price.

DON'T BUY
DON'T BUY
March 28, 2016

Some analysts think that with their shares in Ali Baba (BABA-N), Yahoo Japan and Yahoo Assets that the stock is a huge bargain here and that the NAV is worth over $40 a share. He doesn’t like NAV short-term plays, and this hasn’t compounded growth for investors.

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Altaba Inc (AABA-Q)
March 28, 2016

Some analysts think that with their shares in Ali Baba (BABA-N), Yahoo Japan and Yahoo Assets that the stock is a huge bargain here and that the NAV is worth over $40 a share. He doesn’t like NAV short-term plays, and this hasn’t compounded growth for investors.

SELL
SELL
March 2, 2016

The wheels have kind of fallen off. There have been a series of the earnings misses. The most recent quarter was better with a pretty significant restructuring. It seems like they are doing the right things, but the chart is working against you. It seems to him they are still dressing this up for sale, but where it gets taken out is a real question.

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Altaba Inc (AABA-Q)
March 2, 2016

The wheels have kind of fallen off. There have been a series of the earnings misses. The most recent quarter was better with a pretty significant restructuring. It seems like they are doing the right things, but the chart is working against you. It seems to him they are still dressing this up for sale, but where it gets taken out is a real question.

TOP PICK
TOP PICK
February 18, 2016

*Short*. The guidance was very weak. Most recent earnings slightly beat expectations, but the track record of turning around a core business like this is horrific. Internet property, with Search being pretty much dead, and weak management, this is just screaming for a Short. He could see it falling 50% easily from here.

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Altaba Inc (AABA-Q)
February 18, 2016

*Short*. The guidance was very weak. Most recent earnings slightly beat expectations, but the track record of turning around a core business like this is horrific. Internet property, with Search being pretty much dead, and weak management, this is just screaming for a Short. He could see it falling 50% easily from here.

COMMENT
COMMENT
October 23, 2015

This has stakes in things like Yahoo Japan and Ali Baba (BABA-N). This has always been the attraction of this company. The legacy business is chugging along, so there is still some value. The stock has not done badly. It is just that in the last year or so it has started to come off quite sharply. Yahoo is one of those old legacy companies that does have some value in it, but it would probably help if management did something with the Ali Baba stake.

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Altaba Inc (AABA-Q)
October 23, 2015

This has stakes in things like Yahoo Japan and Ali Baba (BABA-N). This has always been the attraction of this company. The legacy business is chugging along, so there is still some value. The stock has not done badly. It is just that in the last year or so it has started to come off quite sharply. Yahoo is one of those old legacy companies that does have some value in it, but it would probably help if management did something with the Ali Baba stake.

DON'T BUY
DON'T BUY
July 13, 2015

A company without any certainty of what they are going to do. They have to come out and articulate a real strategy other than selling off Alibaba (BABA-N) and getting a bunch of cash. Money is flowing into things like Facebook (FB-Q) right now which is firing on all cylinders and doesn’t have a challenged business model. He would prefer Facebook. You don’t need to be here.

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Altaba Inc (AABA-Q)
July 13, 2015

A company without any certainty of what they are going to do. They have to come out and articulate a real strategy other than selling off Alibaba (BABA-N) and getting a bunch of cash. Money is flowing into things like Facebook (FB-Q) right now which is firing on all cylinders and doesn’t have a challenged business model. He would prefer Facebook. You don’t need to be here.

DON'T BUY
DON'T BUY
July 8, 2015

People ran up the stock on Alibaba and other assets that they own. But the business is really not growing. The business has done well, but where do they grow from here?

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Altaba Inc (AABA-Q)
July 8, 2015

People ran up the stock on Alibaba and other assets that they own. But the business is really not growing. The business has done well, but where do they grow from here?

SELL
SELL
March 25, 2015

It finally paid off with the BABA-N deal and he thinks you should have taken your money and run. He does not believe the yahoo search business is that easy to turn around.

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Altaba Inc (AABA-Q)
March 25, 2015

It finally paid off with the BABA-N deal and he thinks you should have taken your money and run. He does not believe the yahoo search business is that easy to turn around.

HOLD
HOLD
March 5, 2015

You are going to get some cash from the sale of Alibaba. When you take out Alibaba, you have Yahoo for a negative value.

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Altaba Inc (AABA-Q)
March 5, 2015

You are going to get some cash from the sale of Alibaba. When you take out Alibaba, you have Yahoo for a negative value.

TOP PICK
TOP PICK
February 2, 2015

They are going to spin out their BABA-N stake. Own this and possibly short BABA-N. The market is attributing a negative value to the core business of YHOO-Q.

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Altaba Inc (AABA-Q)
February 2, 2015

They are going to spin out their BABA-N stake. Own this and possibly short BABA-N. The market is attributing a negative value to the core business of YHOO-Q.

HOLD
HOLD
December 31, 2014

Disney (DIS-N) or Yahoo (YHOO-Q) for a one year Hold? Both stocks have done very, very well and are both in a period of seasonal strength right now. This is a technology company, and its period of strength tends to peak around the end of January. On this one you can hold a little longer. Consider taking some money off as you get into late January.

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Altaba Inc (AABA-Q)
December 31, 2014

Disney (DIS-N) or Yahoo (YHOO-Q) for a one year Hold? Both stocks have done very, very well and are both in a period of seasonal strength right now. This is a technology company, and its period of strength tends to peak around the end of January. On this one you can hold a little longer. Consider taking some money off as you get into late January.

DON'T BUY
DON'T BUY
December 4, 2014

Looking at the fundamentals and the quants, the stock has done well because of Alibaba (BBA-N), but it is trading at around 35 or 40 times forward PE. Estimates for earnings growth are really uncertain, or at best flat. This is not one that he would own in his portfolio.

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Altaba Inc (AABA-Q)
December 4, 2014

Looking at the fundamentals and the quants, the stock has done well because of Alibaba (BBA-N), but it is trading at around 35 or 40 times forward PE. Estimates for earnings growth are really uncertain, or at best flat. This is not one that he would own in his portfolio.

SELL
SELL
October 28, 2014

If he owned, he would move off the name. A lot of people held the name in anticipation of the Alibaba (BABA-N) spinoff. Thinks the competition is just too much.

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Altaba Inc (AABA-Q)
October 28, 2014

If he owned, he would move off the name. A lot of people held the name in anticipation of the Alibaba (BABA-N) spinoff. Thinks the competition is just too much.

COMMENT
COMMENT
September 24, 2014

It is valued based on the value of Alibaba so you get the rest of it for nothing.

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Altaba Inc (AABA-Q)
September 24, 2014

It is valued based on the value of Alibaba so you get the rest of it for nothing.

HOLD
HOLD
September 17, 2014

Alibaba IPO is not that well known in terms of the retail public, but it is a tremendous IPO and rumours are that once it starts trading, it will come out at a $170 billion market cap. Because there is so little of it and so much demand, they will take it up to $200 billion quickly. Every $5 billion change in the market cap of Alibaba has the impact of almost $0.90 on Yahoo. Because of this, she is hearing that this company can get to $70.

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Altaba Inc (AABA-Q)
September 17, 2014

Alibaba IPO is not that well known in terms of the retail public, but it is a tremendous IPO and rumours are that once it starts trading, it will come out at a $170 billion market cap. Because there is so little of it and so much demand, they will take it up to $200 billion quickly. Every $5 billion change in the market cap of Alibaba has the impact of almost $0.90 on Yahoo. Because of this, she is hearing that this company can get to $70.

COMMENT
COMMENT
September 16, 2014

(Market Call Minute.) You hold this until Ali Baba goes public and probably goes to a premium. They own 23% of Ali Baba.

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Altaba Inc (AABA-Q)
September 16, 2014

(Market Call Minute.) You hold this until Ali Baba goes public and probably goes to a premium. They own 23% of Ali Baba.

DON'T BUY
DON'T BUY
September 16, 2014

The Alibaba IPO is going to be a business that might be worth more or worth less. It is going to be up to management to take the cash and turn it into something that is going to grow. This company has been struggling. His guess is that Alibaba is going to be a really, really volatile stock. You don’t need to be in the risk arbitrage business by owning this.

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Altaba Inc (AABA-Q)
September 16, 2014

The Alibaba IPO is going to be a business that might be worth more or worth less. It is going to be up to management to take the cash and turn it into something that is going to grow. This company has been struggling. His guess is that Alibaba is going to be a really, really volatile stock. You don’t need to be in the risk arbitrage business by owning this.

DON'T BUY
DON'T BUY
September 15, 2014

The Alibaba part of the story is really well known. There is a bit of a tax issue with how they monetize it in the future. They have decent acquisitions. Prefers APPL-O, GOOGL-O and FB-O. There are issues with Alibaba in terms of accounting and so on.

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Altaba Inc (AABA-Q)
September 15, 2014

The Alibaba part of the story is really well known. There is a bit of a tax issue with how they monetize it in the future. They have decent acquisitions. Prefers APPL-O, GOOGL-O and FB-O. There are issues with Alibaba in terms of accounting and so on.

COMMENT
COMMENT
September 15, 2014

Seasonal strength for some of the Internet stocks tend to run from the beginning of September all the way through to the end of the year. Trends are still positive. 20 and 50 day moving averages are moving higher. He wouldn’t be surprised to see this pull back. If it comes down to its 50 day moving average, that would be a great buying opportunity.

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Altaba Inc (AABA-Q)
September 15, 2014

Seasonal strength for some of the Internet stocks tend to run from the beginning of September all the way through to the end of the year. Trends are still positive. 20 and 50 day moving averages are moving higher. He wouldn’t be surprised to see this pull back. If it comes down to its 50 day moving average, that would be a great buying opportunity.

PARTIAL SELL
PARTIAL SELL
September 9, 2014

Doesn’t know if the multiple will be lowered because the Alibaba IPO is kind of servicing the value of their holdings. Believes they own about 20% of Alibaba. Wouldn’t Buy or chase this, but would wait and see what happens. If you own, it might be a nice time to lighten up a little.

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Altaba Inc (AABA-Q)
September 9, 2014

Doesn’t know if the multiple will be lowered because the Alibaba IPO is kind of servicing the value of their holdings. Believes they own about 20% of Alibaba. Wouldn’t Buy or chase this, but would wait and see what happens. If you own, it might be a nice time to lighten up a little.

DON'T BUY
DON'T BUY
August 27, 2014

Chart shows a long basing pattern followed by a slow rising trend. There is a little bit of resistance around $40. Until it breaks over $40 or down through the lower trendline of about $33, you are in no man’s land. Indicators are not necessarily telling us that we should be grabbing this one.

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Altaba Inc (AABA-Q)
August 27, 2014

Chart shows a long basing pattern followed by a slow rising trend. There is a little bit of resistance around $40. Until it breaks over $40 or down through the lower trendline of about $33, you are in no man’s land. Indicators are not necessarily telling us that we should be grabbing this one.

DON'T BUY
DON'T BUY
July 24, 2014

Does not know the lift that Alibaba will give them. If it were to come out of this range it will probably have a move higher. You could probably argue there is a catalyst coming. He prefers FB-O.

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Altaba Inc (AABA-Q)
July 24, 2014

Does not know the lift that Alibaba will give them. If it were to come out of this range it will probably have a move higher. You could probably argue there is a catalyst coming. He prefers FB-O.

COMMENT
COMMENT
June 4, 2014

Alibaba is about to do an IPO and Yahoo owns about 40%, which is what has been driving the stock up. It is very difficult to predict what the valuation of the IPO is going to be. Share price is already factoring in what people are estimating the IPO price will be. Very speculative at this time.

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Altaba Inc (AABA-Q)
June 4, 2014

Alibaba is about to do an IPO and Yahoo owns about 40%, which is what has been driving the stock up. It is very difficult to predict what the valuation of the IPO is going to be. Share price is already factoring in what people are estimating the IPO price will be. Very speculative at this time.

DON'T BUY
DON'T BUY
April 15, 2014

It’s the Alibaba stake. You have 50% plus revenue growth. This is where she is seeing big valuations. But Yahoo is struggling with the core business. They were a lot higher a little while ago.

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Altaba Inc (AABA-Q)
April 15, 2014

It’s the Alibaba stake. You have 50% plus revenue growth. This is where she is seeing big valuations. But Yahoo is struggling with the core business. They were a lot higher a little while ago.

COMMENT
COMMENT
April 9, 2014

Doesn’t know this company well, but does know that they have a significant investment in Ali Baba, which is a fantastic asset, a one-of-a-kind type of company which will go public over the next 12 months or so. Because of this, Yahoo’s stake may make them worth quite a bit more than it is today.

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Altaba Inc (AABA-Q)
April 9, 2014

Doesn’t know this company well, but does know that they have a significant investment in Ali Baba, which is a fantastic asset, a one-of-a-kind type of company which will go public over the next 12 months or so. Because of this, Yahoo’s stake may make them worth quite a bit more than it is today.

COMMENT
COMMENT
February 18, 2014

Yahoo (YHOO-Q) versus Google (GOOG-Q)? Google has 60%-70% plus of market share in terms of Search and is clearly the dominant player in the space. On ad based revenue growth, they been able to grow and currently have a new “enhanced campaign” for targeted marketing. Yahoo is getting beaten out by Google. If you want to play search, growth in mobile and ad revenues, Google is the one to play.

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Altaba Inc (AABA-Q)
February 18, 2014

Yahoo (YHOO-Q) versus Google (GOOG-Q)? Google has 60%-70% plus of market share in terms of Search and is clearly the dominant player in the space. On ad based revenue growth, they been able to grow and currently have a new “enhanced campaign” for targeted marketing. Yahoo is getting beaten out by Google. If you want to play search, growth in mobile and ad revenues, Google is the one to play.

DON'T BUY
DON'T BUY
December 27, 2013

Owns over 20% of Alibaba, which will be coming out with an IPO sometime next year. How will this company do regarding that? Bigger issue for Yahoo is that it has done incredibly well. Feels it has overextended and it is now a “show me the money” sort of thing. Kind of missed their last numbers, top line wasn’t as strong, advertising numbers weren’t too strong, etc. Have hired a lot of very high profile people so their cost structure is increasing a fair bit. Not a big fan at these levels.

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Altaba Inc (AABA-Q)
December 27, 2013

Owns over 20% of Alibaba, which will be coming out with an IPO sometime next year. How will this company do regarding that? Bigger issue for Yahoo is that it has done incredibly well. Feels it has overextended and it is now a “show me the money” sort of thing. Kind of missed their last numbers, top line wasn’t as strong, advertising numbers weren’t too strong, etc. Have hired a lot of very high profile people so their cost structure is increasing a fair bit. Not a big fan at these levels.

COMMENT
COMMENT
November 27, 2013

Has done extremely well. Good management. Rumour has it that they are hiring Katie Couric to run their news desk. Has progressed very nicely over the past year. Still playing 2nd fiddle to Google (GOOG-Q) who still derives most of their business from search/advertising. If you are looking for exposure in this industry, he would recommend Google.

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Altaba Inc (AABA-Q)
November 27, 2013

Has done extremely well. Good management. Rumour has it that they are hiring Katie Couric to run their news desk. Has progressed very nicely over the past year. Still playing 2nd fiddle to Google (GOOG-Q) who still derives most of their business from search/advertising. If you are looking for exposure in this industry, he would recommend Google.

DON'T BUY
DON'T BUY
November 19, 2013

A large portion of this company’s value is based on its 24% stake in Alibaba. Given Alibaba’s plans to IPO next year, is this a good time to buy this company? Feels that Google (GOOG-Q) is the better approach to this. Yahoo is still concentrated a fair bit in search. The Alibaba theme has been prevalent in the stock for a long time. Given that it has done so well of late, he feels a lot of this is already built into the stock. Google is a lot more diversified and is the biggest search engine.

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Altaba Inc (AABA-Q)
November 19, 2013