$PING AN (02318.HK)$Target price HKD77 Similar business model as$Berkshire Hathaway-B (BRK.B.US)$. It has strong brand value in insurance industry, basically used to roll cash for investment. With CCP stimulus boosting, it can pledge its secured insurance policy to borrow money from banks at super low rate. Additionally, it can also pledge its own stock to borrow money to repurchase its own stock or other blue chips and pledge again to repeat! it keeps ...
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104255742
:
but why is it not buying back its own shares?
Mr Worldwide 世界仔
OP104255742
:
debt to equity at 1.3, it has limited room to take on more debt. it is not worth to repurchase its stock which main business is insurance.
HappyGotLucky
:
That's not the point. Div has not even expires... dip even before expiry means that it still has to deduct 1.755 from the price later. Think positively, buy now and you will get more than 2 shares
Dividend stocks are stocks of companies in the HK stock market that regularly distribute dividends to shareholders, generally representing stable businesses. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in HK dividend stocks, ranked from highest to lowest based on real-time market data. Dividend stocks are stocks of companies in the HK stock market that regularly distribute dividends to shareholders, generally representing stable businesses. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in HK dividend stocks, ranked from highest to lowest based on real-time market data.
104255742 : most bought at 30s, so may not be so alarming.