My next post about a another well performing insurance company.
If you invest in a insurance company which insurance company will give you the best return to your investment ?
If you invest in a insurance company which insurance company will give you the best return to your investment ?
Anonymous Poll
31%
Ceylinco Insurance
15%
HNB Assurance
8%
Softlogic life
0%
Union Assurance
4%
Arpico Insurance
23%
People's Insurance
4%
Janashakthi Insurance
15%
I am not interesting to invest in insurance companies.
Overall Sri Lanka insurance sector reveiw.
2021/01/31
Arpico Insurance (AINS.N0000) current price range Rs.24-25
Arpico insurance and softlogic insurance show high growth consider with other insurance.If we consider Arpico insurance last 5years Gross written premium continuous anual growth rate is 40%. Consider the market share growth, there are only five insurance companies are increaseing their market share. Other insurance companies are decreasing their market share. These growing market share insurance companies, i mensioned here in green color. These companies are arpico insurance , HNB Life, Lolc life, Softlogic life, Union assurance (life insurance category only )
Normally, Insurance stocks perform than other stocks due to there massive growth. but arpico insurance and softlogic shows higher growth than other life insurance companies . softlogic trade over the netasset value but arpico insurance still trade bellow netasset value due to this case I think arpico insurance is undervalued than softlogic.
EPS=Rs3.50
NAV=26
Arpico Insurance (AINS.N0000) current price range Rs.24-25
Arpico insurance and softlogic insurance show high growth consider with other insurance.If we consider Arpico insurance last 5years Gross written premium continuous anual growth rate is 40%. Consider the market share growth, there are only five insurance companies are increaseing their market share. Other insurance companies are decreasing their market share. These growing market share insurance companies, i mensioned here in green color. These companies are arpico insurance , HNB Life, Lolc life, Softlogic life, Union assurance (life insurance category only )
Normally, Insurance stocks perform than other stocks due to there massive growth. but arpico insurance and softlogic shows higher growth than other life insurance companies . softlogic trade over the netasset value but arpico insurance still trade bellow netasset value due to this case I think arpico insurance is undervalued than softlogic.
EPS=Rs3.50
NAV=26
Expo,Bill,Lolc,RCL,Vone,Glas,Brwn etc....These are good business but according to current prices , I think These stocks are overvalued now.Be careful !!!!!
2021/02/01
Kelani Valley Plantation
Current price Rs.93-94
Last quarter Rubber prices rapidly went up. Several rubber plantation companies prices also went up but Kelani Valley Plantation plantatin prices still not move to acceptable level.Kelani valley is a subsidiary of Dipped products. Kelani valley announced subdivision 1:2.
Current net asset value is 107. Six month EPS Rs.6.
According to this price hike. Next quarter results may be much positive. Keep do your own analysis and check about this share
Kelani Valley Plantation
Current price Rs.93-94
Last quarter Rubber prices rapidly went up. Several rubber plantation companies prices also went up but Kelani Valley Plantation plantatin prices still not move to acceptable level.Kelani valley is a subsidiary of Dipped products. Kelani valley announced subdivision 1:2.
Current net asset value is 107. Six month EPS Rs.6.
According to this price hike. Next quarter results may be much positive. Keep do your own analysis and check about this share