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When comes to valuations, analysists never come to the same price. But their calculations are within certain range. They call this consensus. Their calculation doesnt take in account of reality on the ground or market. There are many news. Most of them made try to give excitements to the market. So, that they make more money. Ppl borrow money. They pay interests or fees and etc regardless you make profit or loss. Bankers always make money. Ignore those news. BUT you may want to read this. See link below.
I dont know what makes you say pdd is under value in Nasdaq. Pinduoduo & Temu are the same. They are under one parent company. Temu is the international version of pinduoduo. Temu is not listed in Nasdaq. Temu no longer enjoy duty free for goods below USD800. And Trump has imposed 50% tariff on Chinese imports. That is why Pinduoduo performance in Nasdaq is very disappointing at the moment. Not to mention, the US refused to grant FCC & FDA certification onto China's electrical products. EXCEPT those products manufacture in the US.
He made huge losses in DNeX when DNeX was traded about 1.25 - 1.70 sometime ago. And he has underestimated INARI's performance just recently. Look where Inari is now. It has been 4 weeks already since the last time he said DNeX will be trading below 40sen.
Not only AXIATA's major shareholders are Institutional & Sovereign funds, there are also what we call 'strategic partners'. These strategic partners have big influence on determining where a company should go. Usually, they are more into new business ventures which have potentials to high returns. Not only AXIATA has strategic partners e.g. Khazanah Nasional, there are also companies such as Mitsui, Sumitomo & Softbank Corp positioned themselves strategically in AXIATA. They are not so much interested in telecom business but they are more interested in a company who can offer connectivity among Asean & South Asean countries. You may want to look at ADA or Automated Data Analysis in AXIATA's subsidiary company by the name of AXIATA Digital & Analytics Sdn Bhd.
This also an attempt top offset forex losses in future.
There are many big stakes fund managers and partners in MrDIY including EPF, KWAP, Creador and MRDIY business family. But especially for institutional funds, they have their portfolio value to take care off. MRDIY's dividend is their defense. They will step in sometimes. We will see when that time comes.
Pinduoduo is making its presence here in Malaysia. But we need to be aware Pinduoduo has no local outlets, warehouses or staffs. Pinduoduo shipping fees are free but I dont think they can hold on to this as crude oil price becoming more expensive with Houthis attacking Aramco refineries, storage tanks and Iran retailiates against US attacks on 10 of their VLCC tankers. Just like MrDIY, Pinduoduo sells to households and small retailers. And customers just walk in and take home their tools.BUT unlike MrDIY, Pinduoduo products do not meet Malaysian Safety standards e.g. MS standards. Household consumers buy tools they need at the stores and they want tools available immediately. While Pinduoduo needs 14 days minimum to send their tools and reach to our house. Addition to that, customer can get refund or warrantty or aftersale service from MrDIY when they buy tools. MrDIY generates income to Malaysian Government. They pay taxes SST, corporate tax, import dutis and etc. Malaysian Government is working on introducing e-commerce compliance costs and needs Pinduoduo to meet Malaysian regulations & standard requirements e.g. SIRIM, DOSH, MCMC & Suruhanjaya Tenaga. Malaysian Government does not want to loose this income.
