kavijh

Buy Ping An at HKD 52.90

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HKEX:2318   PING AN INSURANCE(GROUP)CO.OF CHINA
Experience has taught me that when solid companies are on discount.... buy them and don't let go! A solid 5% + Dividend... Cost barely above book value, Insider purchases, company buybacks... are some of the reasons this looks like its time to buy.

This is a great set up for a trade and for a buy-and-hold

Double bottom as the stop loss

Entry: HKD 52.90
Target: Over HKD 100
Stop loss: HKD 48.50

Time Frame: 1 Year.

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