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
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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 $ZA ONLINE (06060.HK)$
Alibaba Cloud, a subsidiary of$BABA-W (09988.HK)$, announced a partnership with the fintech company ZA International, pursuant to which the company will aid the subsidiaries of ZA International, including ZA Bank, a Hong Kong virtual bank, and ZA Insure, in migrating their core systems to the cloud, thus enhancing the efficiency in the development of innovative financial service applications. Additionally, Alibaba Cloud would he...
方鍾Sir OP : Stop lost
方鍾Sir OP : Rubbish!!
TS Jiang : DKLM, Why day day drop!
chenchungching : Bought this junk stock at $16, fortunately stopped at $12.5 to cut losses.Let it drop a little more.