Similar to Lantro, they also have an ugly website.
Their management have many links to the government.
The CEO has a meaty nose. Chinese people think that it stands for prosperity, think Jackie Chan.
Their PE ratio is only 3.
Their financial statistics are like steps. All increasing.
But one major thing is that they are quite stingy with dividends. Around 1-2%.
I am starting to buy shares that pay good dividends, as I am aiming to be financial free.
Assuming dividend yield of 4%,
200k, I have close to 1k per mth.
100k, I have close to 500 per mth.
50k, I have around 250 per mth.
It feels good to be paid not doing anything. Make your money work for you.
They have healthy balance sheet, quite a lot of cash.
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