ValueTech Investor
OP
:
I dont owned ZA anymore. Technically it need to close the gap 11.90 and retest heavy resistance at 12.20-12.50 (also 50 and 200MA level). The chart and earning dont look attractive as i said before the PE shot up after last earning released. there are many other insurance company have much better technical view and earning.
Despite decent top-line growth, the share price decline is likely due to the cost of revenue. The company's poor run over the past five years resulted in a total loss of 9% per year for shareholders.
Franklin Tok
:
From article, it loss 83% share price over 3 years. Do be aware that it is under bear 3 market! For similar stock, Lemonade in US facing loss > 90% even though in bull 3 market! One of main reason incur loss by ZA Online was RMB depreciated against USD/HKD, do be ware that actual biz/revenue in RMB but reported in HKD (listed in HKSE) So, it is selective or comparative bias?
娜娜的粉丝
Franklin Tok
:
In this kind of market that can only follow the direction of the Party, can you know how much of Zhongan's premium income reserves is forced to invest in Chinese real estate bonds? And how many CITI bonds must be backed up?
The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure. DBS: Zhongan Online P&C Insurance – Buy Target Price HK$27.00 - Alpha Edge Investing $ZA ONLINE (06060.HK)$
Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.
方鍾Sir : rubbish stock...
Sparta Hong : What is your target price for this stock given their strong results
ValueTech Investor OP : I dont owned ZA anymore. Technically it need to close the gap 11.90 and retest heavy resistance at 12.20-12.50 (also 50 and 200MA level). The chart and earning dont look attractive as i said before the PE shot up after last earning released. there are many other insurance company have much better technical view and earning.