There are several reasons to buy Ping An, don't like it:
1. High dividend rate. The dividend per share for 2022 is $2.42, compared to yesterday's closing price of $46.79, with a dividend yield of 5.3%. 2023 is definitely higher than 2022, the first quarterly report is out, the net profit has increased by 49%, and the whole year is expected to be no less than 30%, and this year's dividend will inevitably be further improved. If you can't buy the four major lines, look at Pingan, he also leaves you the opportunity to get on the car.
2. The stock price has been adjusted for too long. In November 2020, it reached an all-time high of 90 yuan, and to this day, how long has it been adjusted, from the October pregnancy to the child can speak, he is still rubbing on the floor. Of course, some shareholders say that the safe fall has a reason, which cannot be denied, but his worst period has passed, and the rest is more bright.
3. The company is quite sincere. I mean that it binds executives and key employees to the development of the company, and those few stock ownership plans, although I carefully looked at them are to take a few points of the company's profits to reward their retirement, but objectively equivalent to taking a few points in the repurchase every year. And when the employee leaves, these shares are written off, and a batch was just written off some time ago. In addition, they also have the willingness to maintain the stock price, dividends are very high, and in the case of poor net profit performance last year, it is interesting enough to divide according to the proportion of operating profit.
4. Dividends twice a year. Once in the medium term, once in the year, long-term holdings can help alleviate the need for funds. Otherwise, if you keep dividends once a year, won't you be bored to death.
5. Stock price elasticity is relatively large. Recently, the four major banks have risen in a uproar, and they really can't get their hands off, if the four major banks keep flying into the sky, what can you do? Dry stare? Forget it, be flexible, buy Ping An. Buy now, the valuation is low, if you rebound after buying, throw away the rebound part and go home to the four major banks, wouldn't it be better, to make good use of the elasticity of Ping An and make a balance between Ping An and the four major banks.
6. Companies that won't go out of business. This is really not my nonsense, Ping An of China has repeatedly become the only insurance group in China to be selected in the global "too big to fail" list, and you can search the Internet by yourself. So, don't worry he's out of business. An important criterion for us to buy stocks is that suppose one day you go in, five years and ten years later, you find that the company is still and developing better, and the account is not to say that it has earned, at least don't clear it. Just kidding, the meaning is still that meaning.
The sad thing about Ping An is that he seems to be very unpopular in the market and has a bad reputation, starting with his announcement of financing of 160 billion yuan in 2008. Ping An's investor relations team needs to come on!
(Pay attention to the little monk of wealth)
