JINS and SFIN

indunilwewegama · 1 JINS and SFIN Fri May 17, 2013 8:45 am

indunilwewegama

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Hey guys

i Have JINS Rs11.50 and SFIN is 14.90
Wht is the best prices to sell?

Thanks bounce

Slstock · 2 Re: JINS and SFIN Fri May 17, 2013 9:10 am

Slstock

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SFIn should declare a dividend right?

JINS, if you think you have enough profit then you can always sell. But I would watch ow it i behaving today.

indunilwewegama · 3 Re: JINS and SFIN Fri May 17, 2013 9:18 am

indunilwewegama

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Thanks dear
Wht is Dividend rights Question

pls explain me .

Slstock · 4 Re: JINS and SFIN Fri May 17, 2013 9:21 am

Slstock

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Last year they declared dividend end of may or june.

"declare a dividend right?"

notice the ? at the end :-)

indunilwewegama wrote:Thanks dear
Wht is Dividend rights
pls explain me .

suddera · 5 Re: JINS and SFIN Fri May 17, 2013 9:29 am

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indunilwewegama wrote:Thanks dear
Wht is Dividend rights
pls explain me .

sandunj · 6 Re: JINS and SFIN Fri May 17, 2013 9:35 am

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Hold SFIN. Sell JINS quantitywise. Dont be too much greedy.

hunter · 7 Re: JINS and SFIN Fri May 17, 2013 11:29 am

hunter

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suddera wrote:

indunilwewegama wrote:Thanks dear
Wht is Dividend rights
pls explain me .

Not Dividend rights right?
Only Dividends right?
I am right right?

scratch

anges · 8 Re: JINS and SFIN Sat May 18, 2013 4:36 pm

anges

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good luck ! think long term

samcader · 9 Re: JINS and SFIN Sat May 18, 2013 4:54 pm

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Last yr Sfin declared a dividend of 80cts per share around first week of June 2012

Rocky · 10 Re: JINS and SFIN Sat May 18, 2013 7:05 pm

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A review of the performance of JINS in 2012 and 1qtr 2013 gives some encouragement for those investors (short time) to await the 2nd qtr 2013 and then take a call.

Dumping prematurely will give only small gains.
Price possible to surpass last years results.

Why?

Good management if claims (only 51%)
Motor business is 74%
Market share is 29%
New products are more attractive

They need some good corporate clients to boost their position in the Insurance Business otherwise they will keep crawling along like a grasshopper!
Underwriting costs/ reinsurance costs are pretty high and takes the chunk away.

Slstock · 11 Re: JINS and SFIN Sat May 18, 2013 7:10 pm

Slstock

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Unlikely dividend this year again. Within 6 months 2 dividends of Rs 1.

CFVF has a possibility of a dividend . CFVF holder deserve it after going through crap with this share ( detected fraud last year)

Rocky wrote:A review of the performance of JINS in 2012 and 1qtr 2013 gives some encouragement for those investors (short time) to await the 2nd qtr 2013 and then take a call.

Dumping prematurely will give only small gains.
Price possible to surpass last years results.

Why?

Good management if claims (only 51%)
Motor business is 74%
Market share is 29%
New products are more attractive

They need some good corporate clients to boost their position in the Insurance Business otherwise they will keep crawling along like a grasshopper!
Underwriting costs/ reinsurance costs are pretty high and takes the chunk away.

Antonym · 12 Re: JINS and SFIN Sat May 18, 2013 8:12 pm

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indunilwewegama wrote:Hey guys

i Have JINS Rs11.50 and SFIN is 14.90
Wht is the best prices to sell?

Thanks

I am grappling with the same question: Whether to liquidate JINS at Rs 14 and invest in some other share, or to hold on.

The answer would depend on your expectations of the company's growth prospects.
If you believe that JINS will remain a 1-rupee-dividend company for the foreseeable future, you should sell now...
But if you are convinced that they have the capability to grow their EPS, you should hold.

I don't know about SFIN.