+ Watch CISG
on My Watchlist
high value company at a very low price...
Upcoming buyout. Buyers-group includes Texas Pacific Group(TPG) well-known private equity fund. With such buyers, financing seems available (no problem). Special Committee (independent) just formed and will conduct the process in a formal manner. Formal meaning, first go through process of being open to other bids. Then proceed with due diligence on the offers. Suggest by the end of August most work should be far enough along for the Board to make a vote.decision, and then solicit votes from shareholders. Entire process may take 6 to 12 months, but a nice gain. (by the way Carl Ichan has a core position in the company. This company is similar to Aon, MarshMcM, Willis, insurance brokers)
Strong company looks to continue growing.
Found on Caps Home- Most downPersonal Scoring system:82 73 6635 27 43
I used the Fool's "Perfect Company" Screen to pick this stock. All the numbers look good. The forward PEG for next year is (looking ahead is all I care about) is .57 (Undervalued), and the forward PEG based on its projected 5 Yr growth rate is .49 (still undervalued). All of its margins look terrific! It's the most undervalued stock among its industry peers and is heavily shorted (over 7%) with a 4.2% dividend yield; I wouldn't want to get caught having to pay that dividend in the event of a short squeeze.
Low PEG ratio, emerging market.
Robert Hsu top pick. I'm in at $20.40/share with plans to hold long.
This stock is up more than 50% in the last 6 months.
Insurance is a natural part of the development of a world power. This is a good way for the government to get people to spend money.
China's insurance market is in its infancy, as the country's economy crows, so will its insurance market. A P/E under 25 on this stock is a crime.
As of close of business on 2/20/08, this was a 5-star Morningstar stock trading at less than half of its Morningstar fair value.
They are going along with their expansion plan. Recent brokerage acquisitions are increasing their national footprint in a very segmented chinese insurance market. They have way more upside and growth potential than LFC. This could easily double in value.
in a market that big you don't have to be top dog(LFC)... you can just be there, and people like to have a option to choose..i think that there more growth potential in CISG
People in China get richer and richer, so the security of life is the next in peoples' mind. The market for life insurance is huge in China now.
Is CISG financial data information correct? How can they have 21 Billion market cap with 877 million outstanding? That is totally different from the informaiton i first received. If it is a 21 bil market cap, that is totally overvalued. I know sometimes, finanancial service publish wrong financial data. However, I checked multiple stock quotes service and they all say CISG has 877 million outstanding shares which makes a 21 bil market cap. I'm very puzzled.
sells insurance with a huge market to sell to
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