Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post
Market Place

Add an ad

View all ads

Latest topics

» LOTUS TOWER economy
by Teller Yesterday at 11:50 pm

» Massive Fraud At AEL subsidiry
by Teller Yesterday at 11:49 pm

» Learn To Invest Yourself.
by Teller Yesterday at 11:26 pm

» Election is announced...What is your idea?Please comment
by Trader321 Yesterday at 11:15 pm

» CFVF.N0000 -Deal to be happned on Next week?
by Bakka1988 Yesterday at 11:14 pm

» BIL පුපුරා යාමට ආසන්නයි
by Bakka1988 Yesterday at 11:13 pm

» Positive News
by Promoney Yesterday at 9:16 pm

» AAIC - Profit over one billion!!!!!
by wisdom79 Yesterday at 9:12 pm

» Market again heading to 4800? :D
by Arrowrisk Yesterday at 7:53 pm

» RWSL can hit 3.10 LKR
by Teller Yesterday at 4:06 pm

» Look PAP Amazing company
by Teller Yesterday at 4:01 pm

» GOOD SHARES TO BUY
by Teller Yesterday at 10:19 am

» AEL Target price Rs 24
by rukshan1234 Tue Sep 17, 2019 11:35 pm

» TKYO X Target prce Rs.32.50
by rukshan1234 Tue Sep 17, 2019 11:31 pm

» Bansei Royal Resorts BRR up 23%
by Invest-Wise Tue Sep 17, 2019 4:52 pm

» RAL....RAL, Renuka Agri
by nirowat Tue Sep 17, 2019 3:33 pm

» Just About Prima Glass – GLAS
by KOLAA Tue Sep 17, 2019 1:18 pm

» LOOKOUT FOR SIRA
by Eugine Fernando Tue Sep 17, 2019 12:51 pm

» SEMB.N predictions
by 4Corners Tue Sep 17, 2019 10:14 am

» FORUM POLITICIANS
by CITIZEN Tue Sep 17, 2019 10:10 am

» After Advanced level what is
by lankaspeaker Tue Sep 17, 2019 9:57 am

» PRESIDENT ELECTION
by Ahcha Tue Sep 17, 2019 7:21 am

» Why AAIC Should trade above RS.50/-
by wisdom79 Mon Sep 16, 2019 7:56 pm

» Stupid fucking UNP and ranils ass hole economics
by samaritan Mon Sep 16, 2019 7:14 pm

» KAPI (MDT Walkers PLc)
by samaritan Mon Sep 16, 2019 7:12 pm

» DIVIDEND UPDATES Link
by Beta1 Mon Sep 16, 2019 3:12 pm

» lOFC definitely will hit 6/-
by Teller Mon Sep 16, 2019 1:04 am

» Renuka managemnt Treat SH as Trash
by Sanju121 Sun Sep 15, 2019 5:36 pm

» Blue Diamonds Voting & Non Voting
by Ahcha Sun Sep 15, 2019 6:35 am

» MULL trade up possibilities
by crs Sat Sep 14, 2019 7:22 pm

» MARA marai
by SECsux Fri Sep 13, 2019 6:22 pm

» SLTL REVALUATION OF ASSETS IS ON............
by Eng Krishantha Fri Sep 13, 2019 5:06 pm

» LIOC shares
by lakmal Fri Sep 13, 2019 12:47 pm

» JKH will touch 175 very soon
by Rare Fri Sep 13, 2019 11:10 am

» ඇවන්ගාඩ් අල්ලස් නඩුවෙන් ගෝඨාභය නිදහස්
by samansilva Fri Sep 13, 2019 12:25 am

» Invest AEL and TKYO return more than 30%...
by samaritan Thu Sep 12, 2019 5:15 pm

» Watch Out for MAL.X
by Cricketman Thu Sep 12, 2019 1:56 pm

» LOOKOUT FOR GLASS
by Sanju121 Thu Sep 12, 2019 1:02 pm

» NEXT RUN LDEV
by Sanju121 Thu Sep 12, 2019 12:28 pm

» BIL. N mandatory offer at Rs 6.80
by Equityinvestor Thu Sep 12, 2019 12:05 pm

» PAP vs RAL
by Teller Thu Sep 12, 2019 11:04 am

» RAL AND KZOO
by Ahcha Thu Sep 12, 2019 10:40 am

» RENUKA CAPITAL PLC KZOO.N0000@2.80
by ThilinaM Thu Sep 12, 2019 9:56 am


You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Why AAIC Should trade above RS.50/-

Why AAIC Should trade above RS.50/-

Go to page : Previous  1, 2, 3, 4, 5

Go down  Message [Page 5 of 5]

1Why AAIC Should trade above RS.50/- - Page 5 Empty Why AAIC Should trade above RS.50/- on Tue Jul 28, 2015 2:30 pm

Teller

Teller
Moderator
Moderator
First topic message reminder :

A total of 22 registered Insurers compete in terms of market share of which 12 are composites (Life Insurance and General Insurance). Ceylinco leads the Long term insurance business with Gross Written Premium (GWP) of Rs.10, 829mn with 26.93% market share (2013 IBSL Annual report). SLIC, AIA, UAL and Asian Alliance were able to secure top five positions in the
market.
 
Life insurance penetration in Sri Lanka is currently 0.5% as a percentage of GDP (2013 data) which is very low compared to other countries in the region (India
3.10%). Hence, there is tremendous untapped potential in the life insurance business in Sri Lanka.
Per capita GDP in 2013 reached USD 3,280 compared to USD 2,922 in 2012, and is on its way up to reach UDS 4,000 by 2016. This improves the disposable
income level which can result in an increase in the life insurance penetration level in the industry.
 See the following data  comparison  As  on  September 2014,
 
Union Assurance PLC  -  UAL.N0000  EPS    13.27   NAV (RS) 61.88    PE (X) 12.06    PBV (X) 2.59   price 160.00
Ceylinco Insurance PLC CINS.N0000 EPS (RS)  92.22  NAV(RS) 692.16  PE(X)  14.72   PBV(X) 1.96    price 1,357.00
Ceylinco Insurance PLC (X) CINS.X0000 EPS(RS)  92.22 NAV(RS) 692.16 PE(X) 5.75 PBV(X) 0.77   Price 530.00
AIA Insurance Lanka CTCE.N0000  EPS(RS) 18.78  NAV(RS) 157.78   PE(X) 16.13  PBV(X)  1.92  Price  302.90
Asian Alliance Insurance PLC AAIC.N000  EPS(RS) 27.01 NAV(RS)  68.68 PE(X)  5.48   PBV(X)  2.15    Price 147.90
Janashakthi Insurance PLC JINS.N0000 EPS (RS)  3.18  NAV (RS) 13.04  PE(X) 7.08  PBV(X) 1.7 price 22.50
HNB Assurance PLC HASU.N000  EPS(RS) 7.32 NAV(RS) 44.71  PE(X)  10.98  PBV(X)  1.80  price 80.40
 
 
Market leader Ceylinco insuarance & AIA insurance 14.72 & 16.13  of price earning ratio but  AAIC TRADES ON 5.48 times PE .
Average sector PE should be ( 14.72+16.73) /2 = 15.72
AAIC should trade on  15.72/5.48 =  2.86 times
So market price should be = 2.86 X 147.90 = Rs.422.99
 
This is the scenario on 30.09.2014 but based on average growth in insurance sector  10% can be expected .
 
Price adjustment should be RS 465.289
 
As we awrae that 1 for 10 split ,
I strongly believe this should be traded nearly 50/- before ending this year .
 
AAIC has attractive ratios , 14 new branches opened recently with flexible insurance plans .
 
Best of luck .



Last edited by Teller on Tue Jul 28, 2015 5:51 pm; edited 1 time in total (Reason for editing : typing error)


161Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Thu Aug 22, 2019 8:41 am

wisdom79


Vice President - Equity Analytics
Vice President - Equity Analytics
You are correct. I know one thing that is CINS 1950, UAL 350, HASU 135, Jins 33...... but AAIC has the most profit of all. AAIC is still at 40.

AIA went upto 2500.

I recommended that Insurance sector shares have moved up than we all think.

They all pay a dividend too.

So what is wrong......insurance shares have only profits but not any risk.

AAIC is the most famous and profitable share at the moment.

So better to invest then boasting!!!!!!!!!

162Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Thu Aug 22, 2019 10:57 am

nosf76677


Stock Analytic
Stock Analytic
Noted, please do your own research instead of promoting shares. You can already see UAL - how much selling is on the board today. I was just stating facts and not my opinion - its evident profits for UAL for 6 months are almost half of what they were last year - 50% down.

163Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Thu Aug 22, 2019 11:45 am

shalika.56


Stock Analytic
Stock Analytic
Only AAIC has the + growth. Operation profit of this year should be above 2.0 bn. Coming Q will be definitely positive as well as the previous year. Do your own analysis before invest.  Very Happy Very Happy Very Happy

 20192018Change
Profit/rs.000Profit/rs.000
UAL323,663604,042-46%
CINS3,895,9884,260,315-9%
CTCE550,7141,839,815-70%
JINS235,9227,311,848-97%
HASU288,150805,050-64%
AAIC1,208,675924,71331%

164Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Thu Aug 22, 2019 11:51 am

nosf76677


Stock Analytic
Stock Analytic
Thanks - I guess Shalikas table proves it all - just see how bad the profits have been across ALMOST 80% OF insurance companies and people promoting this sector? Please do your own research and buy - not rumours.

165Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Thu Aug 22, 2019 12:32 pm

Winner123


Manager - Equity Analytics
Manager - Equity Analytics
And JINS other income cannot be compared.....

166Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Thu Aug 22, 2019 12:48 pm

arun.cse


Equity Analytic
Equity Analytic
Even such situation AAIC is doing well. They are well controlling the operational expenses. Profit to Revenue ratio is 19 %. This is an undervalued share & the P/E ratio is 12.4. AAIC should be moved up soon. 
  
Net RevenueProfitProfit/RevenueEPSShare PriceP/E ratio
CINS15,764,8543,895,98825%143.7185312.9
AAIC6,226,2841,208,67519%3.24012.4
CTCE9,437,738550,7146%17.9--
UAL6,441,128323,6635%5.533060.1
HASU5,135,574288,1506%5.813523.4
JINS2,845,170235,9228%1.03230.8

167Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Thu Aug 22, 2019 1:50 pm

nosf76677


Stock Analytic
Stock Analytic
You have answered your own question by showing the above - look at the PE ratios of the stocks and make your own decision....

168Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Thu Aug 22, 2019 2:15 pm

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics
That is why I said that AAIC is the best to invest and I showed that all the others have moved up but AAIC.

It was at 50 at the beginning of this year but now AAIC with 2 billiion profit has come down.

AAIC must move up above 60++++ with the profit and less quantity.

169Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Fri Aug 23, 2019 7:43 am

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics
According to the information I got, AAIC September 2019 result will be above 2 billion profit.

That means within a few more days AAIC must move up.

They have over 180 branches all over the world and their performances are the best now. 

I think AAIC is the best company to invest now.

They have hospital coverage without Insurance and many other businesses.  

Remember AAIC traded at 50 in January without 2 billion profit. So with 2 billion profit (quarter 1-744m quarter 2- 1208m), so AAIC must be above 50.

There are only 3 million shares and it will move up soon. You better study before investing on AAIC.  Last year growth was 34%. This year they must really pass it. So I am not just boasting.

Good luck to all!!!!!

170Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Thu Aug 29, 2019 11:05 am

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics
It says that JINS will give a big dividend

171Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Thu Sep 05, 2019 7:15 am

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics
AAIC huge collection going on.

172Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Wed Sep 11, 2019 7:51 pm

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics
[size=50]Softlogic Life wins top award at Sri Lanka’s Effies 2019
Sunday September 8, 2019 19:23:28
Why AAIC Should trade above RS.50/- - Page 5 Softlogic-effie-lg-700x394

ECONOMYNEXT – Softlogic Life Insurance Plc, has won the gold award for ‘brand of the year’ at the 2019 Effie Advertising awards in Sri Lanka.



Beating some of the leading brands in the country, Softlogic Life won the ‘Brand of the Year’ award for



The award was won by the firm’s ‘Leda Leda’ campaign, which the firm said had helped change the perception of insurance in the country.



Kavi Rajapaksha, Head of Marketing at Softlogic Life, said, “We are thrilled to win this coveted award within just three years of launching our brand. From the inception, we have been keen on driving the higher purpose of enhancing the quality of Sri Lankan lives versus just marketing products or services.



“We were brave enough to go against accepted industry norms and produce positive, relevant, engaging communication instead of the usual negative, fear mongering commercials – to inspire people to live happy, healthy lives,” Kavi Rajapaksha, Head of Marketing at Softlogic Life said in a statement.



“We are very happy to lead this much needed change in the way the life insurance industry communicated and engaged the public. This is a true testament to the fact that when you pursue excellence, success follows.”



Softlogic Life also won two Gold awards in ‘David vs Goliath’ and ‘Insurance’ categories, the Silver award in ‘Use of Influencers’ category and two Finalists awards in ‘Corporate Reputation’ and ‘Media Partnership’ categories.
NEWSLETTER  

DAILY BRIEF

Economynext daily and weekly email newsletters covering the best of politics and policy.
SIGN UP[/size]




Only 10 gold awards have been give since Effie Awards started in Sri Lanka, the firm said.



“A three-year-old life insurance brand winning not only five awards, which included two Golds, but the prestigious ‘Brand of the Year’ award at the Effies is an unprecedented achievement for all of us at Softlofgic Life,” Softlogic Life Managing Director Iftikar Ahamed said.



The Effie Awards was launched by the Sri Lanka Institute of Marketing (SLIM) in 2008 in collaboration with the Global Effies. (Colombo/Sept08/2019)

173Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Thu Sep 12, 2019 10:40 am

nosf76677


Stock Analytic
Stock Analytic
When will you ever stop promoting this share???? JINS also - what is relation to CFVF????  CFVF owned by Janashakti PLC - PARENT company not Janashakhthi INSURANCE! Dont confuse investors!!! Speak the truth

174Why AAIC Should trade above RS.50/- - Page 5 Empty Re: Why AAIC Should trade above RS.50/- on Mon Sep 16, 2019 7:56 pm

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics
I think AAIC is the lowest level again. Do the best investment than trading!!!!

Next Quarter will be the best above 1500m and see how it moves soon.

Its revenue will be higher than we think.

Sponsored content


Back to top  Message [Page 5 of 5]

Go to page : Previous  1, 2, 3, 4, 5

Permissions in this forum:
You cannot reply to topics in this forum