FTCH - JD.com: What's Priced In? (Podcast)
by Daniel Shvartsman
Coming into this week's podcast, which reviewed Long Hill Road Capital's Editors' Pick article on JD.com (JD) and its hidden value, I had the following 'priors' about the company:
- A favorite of compounder/GARP/value types
- Sort of the ‘hipster’ China play along with Tencent (TCEHY) (vs. Alibaba (BABA), which is the U2 of China stocks)
- Had the sexual assault accusation linger over the stock, (though no charge), but also the stock has been a poor investment for years
- This was not wholly true - JD had a great 2016/17 before