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Oct 11, 2023
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Alibaba trades at single digit forward PE; net cash with earnings growth. What gives?! (11 Oct 23)

Alibaba trades at single digit forward PE; net cash with earnings growth. What gives?! (11 Oct 23) https://ernest15percent.com/wp-content/uploads/2023/10/Figure-1_Average-analyst-target-Alibaba-close-10-Oct-23.png 1023 828 Ernest Lim's Investing Blog Ernest Lim's Investing Blog https://ernest15percent.com/wp-content/uploads/2023/10/Figure-1_Average-analyst-target-Alibaba-close-10-Oct-23.png Oct 11, 2023 Aug 25, 2025

Dear all Alibaba, since hitting a post-result intraday high of HKD97.95 on 11 Aug, it has slumped 14.9% to close HKD83.40 on 10 Oct. At HKD83.40, Alibaba trades at 9.3x…

Wong Teek Son

I have known Ernest since 2012. He is a serious and dedicated remisier who provides value added services to his clients. He provides good trading ideas backed by research.

W

Wong Teek Son

Riverstone’s Executive
Chairman & CEO

Teo Yi-Dar

I am writing this letter in support of Ernest Lim Wei Kiat for the Excellent Service Award (EXSA). As a dedicated and highly professional remisier, Ernest exemplifies the highest standards of service, consistently exceeding expectations and demonstrating an unwavering commitment to excellence.

I have known Ernest for his promptness, ensuring that clients’ needs are met efficiently and effectively. His responsiveness and ability to handle queries with professionalism and expertise make him an invaluable asset to his clients. His proactive approach in anticipating client needs and addressing concerns before they arise has earned him my trust and appreciation.

Beyond fulfilling his primary responsibilities, Ernest often takes the initiative to research the equity markets and provide invaluable guidance to his clients. His dedication to service beyond his role reflects his commitment in doing the job better!

His work ethic, coupled with his genuine passion for serving clients, makes him a deserving candidate for this prestigious award. I strongly recommend Ernest for the EXSA.

T

Teo Yi-Dar

Partner, Altair Capital