Reaffirm BUY Rating and Target Price of RM17.80 We reaffirm our BUY rating and SOTP-based target price of RM17.80 (key assumptions: Target 2020E P/BV of 1.7x for its General operations and target 2020E P/EV of 1x for its Life operations). Downside risks: i) high inflation costs; ii) theft and fraud caes; iii) more competitive rates from peers; iv) adverse experience.
2020 start with good dy. After ex date PE will reduce. Example stock price will adjust from 15.78-0.65= 15.13 and PE become 5.83. Just hope Takaful have good results. We can forecast Allianz also have good results.
German insurer Allianz on Friday posted a better-than-expected 9.5% rise in net profit in the fourth quarter from a year earlier, and it announced a more ambitious profit target for 2020.
I have been following the analysis of silverhawk on hong leong Ind and Allianz. I must say they are very good. It shows that he has done a lot of homework on them before he writes anything. The writings are factual and analytical. Incidentally, I also own a lot of both counters. Keep it up.
I would like to meet you in next AGM of Allianz. You must be quite a successful investor from what you write.A lot of people are writing nonsense in the i3investor block pages. This is not right as these info pages are supposed to be for exchange of information so that we learn more on profitable investment. Well, there are all sorts of people in this world. Hope the good ones can contribute more.
Hi kywoo, this is my great honour meeting u in upcoming Allianz agm. Thank you for the opportunity given to me, to meet the KLSE legend. To me, this is the same like having a lunch with Warren Buffet. THANK YOU VERY MUCH !! I was in the HLIND agm last year. Sit in left front row with my two best friends.
Ha ha ha. I am no Warren Buffet. I am a very serious investor buying good and under valued stock. Allianz is one of them. Most retail punters like to gamble and listen to rumours without doing their homework. That is why they all lose money. I never trade or speculate in the Market in all my 45 years of stock investment.
Noted. See how steady Allianz is despite such a week market. When market recovers Allianz will really fly. It is fundamentally a very good share as you have all along written. I still remember that during the Asian financial in 1998 when every share dropped to rock bottom Nestle was still holding strong. This is the mark of a really solid counter. Allianz is such a stock.
That is not correct. The earning per share in 2019 is 142.3 compared to 109.1 in 2018. This is the diluted EPS assuming preference shares are converted to ordinary shares. Please read carefully. A lot of people got confused
Allianz is one of the best stock in Bursa. Don't worry about price fluctuation. Keep it for medium or long term and you will see good capital gain. The whole world markets are falling. So even very good stocks will fall. If you have extra cash pick up more Allianz.
Allianz, top 40 most profitable company in Bursa with profit 492M for 2019. Market capitalisation wise, it rank 57th. ( Today's Starbiz page 19, Allianz rank 88, however this does not include Allianz PA )
For a company with such a fantastic track record in profit growth in last 12 years and trading at a PE of about 10, it is indeed a very good counter for long term investment. However, price may still go down a little if market is very bad. No one is so smart to buy at the lowest. You may collect at a reasonably low price but not at lowest price.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ex7121
221 posts
Posted by Ex7121 > 2020-01-10 11:45 | Report Abuse
Let them sell, then only can buy cheaper