JINS - Performed well

kethees · 1 JINS - Performed well Tue May 14, 2013 6:19 pm

kethees

Equity Analytic

Posts : 47
Equity Stars : 4649
Reputation : 0
Join date : 2011-11-27

Hi Guys,

JINS - Why JINS is stagnant around 12 - 13 whereas most of the crap have gone up. What could be the reason for not moving up Guys?

Jiggysaurus · 2 Re: JINS - Performed well Tue May 14, 2013 6:22 pm

Jiggysaurus

Assistant Vice President - Equity Analytics

Posts : 962
Equity Stars : 6359
Reputation : 68
Join date : 2012-06-14

kethees wrote:Hi Guys,

JINS - Why JINS is stagnant around 12 - 13 whereas most of the crap have gone up. What could be the reason for not moving up Guys?

Because market thinks that management is crap the share is also treated as crap. In the past companies under this management has suffered fraud and JINS itself was suspended from doing insurance operations by the regulator. With this group there is a risk that shareholders can get shafted.

seek · 3 Re: JINS - Performed well Tue May 14, 2013 6:35 pm

seek

Senior Manager - Equity Analytics

Posts : 558
Equity Stars : 5008
Reputation : 21
Join date : 2012-07-13

Market sentiment. Most have discarded this as a dead share. Time to time JINS goes up bit expecting a dividend and come back to original price after XD date.

Kithsiri · 4 Re: JINS - Performed well Tue May 14, 2013 10:00 pm

Kithsiri

Senior Vice President - Equity Analytics

Posts : 1758
Equity Stars : 7101
Reputation : 132
Join date : 2011-03-25
Age : 66
Location : රජ්ගම

Jiggysaurus wrote: Because market thinks that management is crap the share is also treated as crap. In the past companies under this management has suffered fraud and JINS itself was suspended from doing insurance operations by the regulator. With this group there is a risk that shareholders can get shafted.

You said it all and well. Very Happy

cseguide · 5 Re: JINS - Performed well Tue May 14, 2013 10:44 pm

cseguide

Vice President - Equity Analytics

Posts : 1332
Equity Stars : 6388
Reputation : 56
Join date : 2011-04-20

If we get last few years they could manage well. There may be some malpractices past. But they may be learn t from that. They have paid decent dividend for years. I think they will perform well in future.