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My thoughts with the Alibaba ownership from Big

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BEST Inc. to Hold 2021 Annual General Meeting on October 20, 2021 PR Newswire (US) - 9/3/2021 3:00:00 AM
BEST misses on revenue Seeking Alpha - 8/17/2021 6:01:55 PM
BEST Inc. Announces Unaudited Second Quarter 2021 Financial Results PR Newswire (US) - 8/17/2021 6:00:00 PM
BEST Inc. to Announce Second Quarter 2021 Financial Results on August 17, 2021 PR Newswire (US) - 8/3/2021 5:00:00 AM
BEST partners with Cainiao to launch cross-border logistics services Seeking Alpha - 8/2/2021 5:49:52 AM
BEST Inc. Partners with Cainiao to Launch Cross-border Logistics Services from China to Thailand, Vietnam and Cambodia PR Newswire (US) - 8/1/2021 10:30:00 PM
CLDX, ASTS, XELA among premarket gainers Seeking Alpha - 7/12/2021 8:30:44 AM
BEST stock down despite Q1 revenue surging 29.9% Seeking Alpha - 6/9/2021 1:33:18 PM
Covanta and Global Ship Lease among industrial gainers; Eastman Kodak leads the losers Seeking Alpha - 6/9/2021 1:04:33 PM
BEST Inc. Announces Unaudited First Quarter 2021 Financial Results PR Newswire (US) - 6/8/2021 6:00:00 PM
BEST Inc. Publishes ESG 2020 Report PR Newswire (US) - 6/8/2021 5:00:00 PM
BEST Inc. to Announce First Quarter 2021 Financial Results on June 8, 2021 PR Newswire (US) - 5/18/2021 6:30:00 AM
BEST Inc. Files Annual Report on Form 20-F for Fiscal Year 2020 PR Newswire (US) - 4/28/2021 2:00:00 AM
Annual and Transition Report (foreign Private Issuer) (20-f) Edgar (US Regulatory) - 4/16/2021 4:14:21 PM
BEST inks strategic partnership with Sinolink Yongfu Asset Management Seeking Alpha - 3/12/2021 5:31:05 AM
BEST Inc. Announces Strategic Partnership with Sinolink Yongfu Asset Management PR Newswire (US) - 3/12/2021 5:00:00 AM
BEST EPS misses by $0.11, misses on revenue Seeking Alpha - 3/10/2021 6:03:11 PM
BEST Inc. Announces Unaudited Fourth Quarter and Fiscal Year 2020 Financial Results PR Newswire (US) - 3/10/2021 6:00:00 PM
BEST Q4 2020 Earnings Preview Seeking Alpha - 3/9/2021 5:35:00 PM
BEST Inc. to Announce Fourth Quarter and Fiscal Year 2020 Financial Results on March 10, 2021 PR Newswire (US) - 2/22/2021 2:00:00 AM
BEST Inc. to Launch New Flagship Sortation Center in Southeast Asia Ahead of Peak Holiday Deliveries PR Newswire (US) - 12/10/2020 10:51:00 PM
BEST Inc. Announces Unaudited Third Quarter 2020 Financial Results PR Newswire (US) - 11/19/2020 5:00:00 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 11/17/2020 6:04:46 AM
BEST Inc. Announces Wind Down of BEST Store+ and Management Change to Increase Focus on Core Businesses PR Newswire (US) - 11/15/2020 9:00:00 PM
BEST Inc. to Announce Third Quarter 2020 Financial Results on November 19, 2020 PR Newswire (US) - 11/9/2020 4:30:00 AM
DFLY   Thursday, 03/29/18 12:58:10 PM
Re: 7bugsy7 post# 7
Post # of 32 
My thoughts with the Alibaba ownership from Big Jack and the former GOOGLE/Alphabet China ceo running the show im starting to think this could mimic a BABA type move 1 day. I like it for a buy, park, and hold for fruition over coming months and years. Seems to be stable around here too. My guess is they have big plans in store. But then again China..how will their economy be moving forward as well being in a decade long bull market like we have been. Will see what happens. Will be watching closely and go from there. GL if you are in.

Best, which is backed by Alibaba Group (BABA.N), priced 45 million American depository shares (ADS) at $10 each, the bottom of a $10 to $11 indicative range, Thomson Reuters publication IFR said on Wednesday, citing people familiar with the deal.


Best declined to comment on the IPO pricing when contacted by Reuters.

The company had initially expected a price range of $13 to $15 per ADS and an IPO consisting of 53.56 million new shares and 8.54 million existing shares.

The revised IPO one day before its market debut suggested weak investor enthusiasm for the original terms. The slump in ZTO’s share price also prompted some investors to balk at Best’s initial pricing, a person close to the deal told Reuters.


Best, founded by former Google executive Johnny Chou, faces stiff competition from Chinese logistics firms such as S.F. Holding (002352.SZ), YTO Express (600233.SS) and STO Express (002468.SZ), all of which recently went public in China, the world’s biggest logistics market.

Best was banking on China’s booming logistics market to justify its valuation, but concerns over competition, along with rising fuel and labour costs prompted some investors to balk at Best’s initial pricing.

Best reported a net loss of 623.8 million yuan ($94.9 million) for the six months ended June 30. Total revenue rose 133.5 percent to 8.10 billion yuan, driven by its freight and express delivery business.

Chinese e-commerce company Alibaba, led by Jack Ma, holds a 23.4 percent stake in Best.



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