Alibaba Share Price took a big tumble today of more than 8% when China authority started an investigation into alleged monopolistic practices at Alibaba and summoned affiliate Ant Group to a high-level meeting over financial regulation. Seeing this as an opportunity, I continue to accumulate Alibaba as I feel that the stock is greatly undervalued, despite being one of the most profitable companies in the world. Alibaba has FCF of USD24B over revenue of USD90B (27%), comparable to Apple as being a cash cow. In comparison, Amazon has a FCF of USD27B over revenue of USD322B (8.4%), that pales Alibaba. Despite the profitability, Alibaba’s PE (ttm) is a mere 25 (today’s HKSE price) that is way cheaper than Apple’s 40 and Amazon’s 93. Alibaba IPOed at USD68 more than six years ago, and price rise is less than 400% today. In comparison, Amazon share price has grown more than ten...