tag:blogger.com,1999:blog-1491809123398979739.post5913347118694253763..comments2024-03-10T11:10:02.660+08:00Comments on 股壇老兵鍾記 長勝之道: 調高中國人壽的評估價值(七)股壇老兵鍾記http://www.blogger.com/profile/07093066867147384620noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-1491809123398979739.post-42164523170866611342017-07-13T13:44:14.060+08:002017-07-13T13:44:14.060+08:00不客氣。不客氣。股壇老兵鍾記https://www.blogger.com/profile/07093066867147384620noreply@blogger.comtag:blogger.com,1999:blog-1491809123398979739.post-1913551428641779862017-07-12T21:36:50.521+08:002017-07-12T21:36:50.521+08:00Many thanks for the tipsMany thanks for the tipsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1491809123398979739.post-33891729083138346582017-07-11T09:41:50.700+08:002017-07-11T09:41:50.700+08:00中國人壽首季保費收入2462億元人民幣,同比增長22.1%。其中首年期交保費按年增長17.4%至60...中國人壽首季保費收入2462億元人民幣,同比增長22.1%。其中首年期交保費按年增長17.4%至603億元人民幣。假如利潤率不變的話,NBV的增長可能大約也是這個幅度。股壇老兵鍾記https://www.blogger.com/profile/07093066867147384620noreply@blogger.comtag:blogger.com,1999:blog-1491809123398979739.post-76122610530904100012017-07-10T21:47:00.330+08:002017-07-10T21:47:00.330+08:00Dear Chung Sir,
I bought your new book and learnt...Dear Chung Sir,<br /><br />I bought your new book and learnt a lot from it. <br /><br />I tried to calculate the valuation of China Life with the Q1 report but it doesn't have the "value of one year's sales" figures, may I seek your advise if there's anyway we can estimate the value of NBV?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1491809123398979739.post-90981898991811899692017-04-12T12:05:25.464+08:002017-04-12T12:05:25.464+08:00多謝Davis捧場,買了我的新書,希望你喜歡書的內容。
NBV Multiple的數值應該是多少?有...多謝Davis捧場,買了我的新書,希望你喜歡書的內容。<br />NBV Multiple的數值應該是多少?有點藝術成份呢!可以參考公司過去NBV的增長率,及估計未來NBV的增長速度,像PEG的概念差不多,未來增長率越高,Multiple便越大。股壇老兵鍾記https://www.blogger.com/profile/07093066867147384620noreply@blogger.comtag:blogger.com,1999:blog-1491809123398979739.post-44897969358565527492017-04-12T10:16:45.177+08:002017-04-12T10:16:45.177+08:00多謝鍾sir分享,我也有買到新書,感覺獲益良多!
想問一問, NBV * Multiple 的 M...多謝鍾sir分享,我也有買到新書,感覺獲益良多!<br /><br />想問一問, NBV * Multiple 的 Multiple 是如何得出10? 考慮NBV 又理應考慮多少年才合理?<br />Davisnoreply@blogger.comtag:blogger.com,1999:blog-1491809123398979739.post-633042285402733232017-03-31T11:14:55.343+08:002017-03-31T11:14:55.343+08:00Stephen兄:不客氣。Stephen兄:不客氣。股壇老兵鍾記https://www.blogger.com/profile/07093066867147384620noreply@blogger.comtag:blogger.com,1999:blog-1491809123398979739.post-23258361861158454512017-03-31T02:35:54.557+08:002017-03-31T02:35:54.557+08:00多謝鍾sir無私的分享多謝鍾sir無私的分享Stephen wonghttps://www.blogger.com/profile/13816345670671068381noreply@blogger.comtag:blogger.com,1999:blog-1491809123398979739.post-2910486444943632442017-03-30T10:00:05.341+08:002017-03-30T10:00:05.341+08:00不客氣,斗滿兄。不客氣,斗滿兄。股壇老兵鍾記https://www.blogger.com/profile/07093066867147384620noreply@blogger.comtag:blogger.com,1999:blog-1491809123398979739.post-86807398216642429702017-03-30T09:43:44.185+08:002017-03-30T09:43:44.185+08:00感謝鍾sir分享!感謝鍾sir分享!斗滿https://www.blogger.com/profile/15547439127535700880noreply@blogger.comtag:blogger.com,1999:blog-1491809123398979739.post-72666586763838252017-03-30T09:26:21.150+08:002017-03-30T09:26:21.150+08:00Desmond兄:投資者可以參考同業的假設,再自行調整。
比如說平安保險用11%風險貼現率,中國人壽...Desmond兄:投資者可以參考同業的假設,再自行調整。<br />比如說平安保險用11%風險貼現率,中國人壽則用較小的10%風險貼現率,可能未夠保守,投資者可以自行調整呢!股壇老兵鍾記https://www.blogger.com/profile/07093066867147384620noreply@blogger.comtag:blogger.com,1999:blog-1491809123398979739.post-40836420455757447532017-03-29T23:49:25.962+08:002017-03-29T23:49:25.962+08:00多謝鍾兄詳細表演怎樣調整內涵值和新業務價值,獲益良多啊。但業績公告裏敏感性測試有投資回報率以外還有多...多謝鍾兄詳細表演怎樣調整內涵值和新業務價值,獲益良多啊。但業績公告裏敏感性測試有投資回報率以外還有多個因素,那怎樣作調整才叫保守安全呢?Desmondnoreply@blogger.comtag:blogger.com,1999:blog-1491809123398979739.post-56858141980927482322017-03-29T21:01:00.082+08:002017-03-29T21:01:00.082+08:00挪亞兄:不客氣。挪亞兄:不客氣。股壇老兵鍾記https://www.blogger.com/profile/07093066867147384620noreply@blogger.comtag:blogger.com,1999:blog-1491809123398979739.post-44791864143975900532017-03-29T17:14:00.747+08:002017-03-29T17:14:00.747+08:00多謝鍾sir分享多謝鍾sir分享挪亞https://www.blogger.com/profile/02745773729429301650noreply@blogger.com