Monday, September 20, 2010

Allianz


As discussed last time , i finally bought in the one i had long waited. Allianz.

The reason why i bought in is because of its newly aqcuired and operations Insurance business. Isnt it looked like LPI + Public Bank? Should contribute positively to the groups earning. I am not buying at the lowest, but the price i have been waiting for at @ 4.14 @ 1.6 lots, not much but this is the stocks i am going to hold for long term. So most probably wouldnt sell in 1 or 2 years. Treat this as FD. No volume, but this is good, so i wouldnt buy at high.

I am planning to accumulate more, treat is as FD and hold for long term if have opp presents.

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