Bottom Line: Looking for wave C completion.
Linkage Assurance stands out as a well-capitalized, cash-rich insurance business trading at a significant discount to book value. With robust margins and capital flexibility, the company offers both defensive characteristics and value potential. The key questions now are whether it can sustain earnings momentum and return more capital to shareholders.
(Last Price 1.6): Our immediate focus remains down against 1.6 to unfold as a zigzag towards 1.28
