Compound interest concept! ... same as we do reinvestment by using dividend incomes from stock portfolio members ... to generate more future dividend incomes.^^
Btw, I see 2628.HK(=601628.SH) have much improvements.
In particular, it had cut quite a certain poor performance agents over past 1 year, while it is doing much better performance in managing investment returns.
I think that not just in 1st quarter, this full year 2628.HK will have >50% increase in net profit and at least 40% increase in dividend payout is expected(2020: @HK$0.64/share).
It is a super big size insurance enterprise, everybody knows! Its net profit in 1st quarter 2021(already has positive profit alert) is even more than 2318.HK.
At present market price, its 2021's P/E may be only at 5!
Compound interest concept! ... same as we do reinvestment by using dividend incomes from stock portfolio members ... to generate more future dividend incomes.^^
回覆刪除Btw, I see 2628.HK(=601628.SH) have much improvements.
刪除In particular, it had cut quite a certain poor performance agents over past 1 year, while it is doing much better performance in managing investment returns.
I think that not just in 1st quarter, this full year 2628.HK will have >50% increase in net profit and at least 40% increase in dividend payout is expected(2020: @HK$0.64/share).
It is a super big size insurance enterprise, everybody knows! Its net profit in 1st quarter 2021(already has positive profit alert) is even more than 2318.HK.
At present market price, its 2021's P/E may be only at 5!
China Life JiaYou!
And
Good Luck Everybody!
^_^
Compound interest make us to rich😁👍
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