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PINS.N
The Investor Sentiment - Equity and investments forum for Sri Lankans :: Equities :: Industry Analysis :: Banks, Finance & Insurance
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Re: PINS.N
Company ID:- PINS
Date of Announcement:- 23.Feb.2017
Rate of Dividend:- Rs. 0.75 per share / Second Interim Dividend
Financial Year:- 2016
Shareholder Approval:- Not Required
XD:- 07.Mar.2017
Payment:- 16.Mar.2017
Danidu- Posts : 244
Join date : 2015-09-03
Age : 38
Location : Welisara
Re: PINS.N
1) On jan 25th 2016 when PINS around Rs 15 and BRAND NEW in Market said
slstock wrote:
"If someone is looking at share for dividends , I think PINS.N will give better dividend % than TJL."
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2) Again I gave hint on PINS in the below thread if you read the comments.
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3) Present :
Today PINS is Rs 20.0 . If someone by chance bought PINS when I first said they will have big profit + dividends they already got.
4) I would think PINS would have done decently this quarter. ( Dec report still not out I think)
Now if there is any further big price increase ( from Rs 20) I would not chase it too far, specially if it goes more than 10% ( from rs 20).
The insurance sector looks good for the time being and for next quarter.
But ... there is but... I will not go into details
5) I never had PINS in my portfolio.
I said this for public benefit.
However PINS maybe a still good fundamental share as I indicated early at Rs 15.
Now for the future play by the fundamental values. It still gives a very good dividend yield. But short term once the run over there will be a correction.
Btw there is another share I might talk about , before I get done here.
_________________
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nihal123- Top contributor
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Re: PINS.N
2017 Symbol of Strength
Walter Disney used to say its difficult to compare between one..
So we are comparing general sales of HASU and entire GWP of PINS as its only into General Insurance.
As stated in Chairman's message, the motor sector consist of 60% of the General Insurance. Since PINS is a subsidiary of PLC which purely in vehicle business, insurance has become a captive business..
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Last edited by yellow knife on Wed Mar 14, 2018 4:56 pm; edited 1 time in total
yellow knife- Top contributor
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Re: PINS.N
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Re: PINS.N
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In CEO's message in page 33 of Annual Report , the reasons for Higher Net Profit Margins described.
" as opposed to the heavy cost burden of maintain a dedicated branch network, PINS is using PLC premises. This strategy offers a significant cost advance over peers and consequently, PINS has one of the lowest expenses ratios in the industry.
Last edited by yellow knife on Wed Mar 14, 2018 4:54 pm; edited 1 time in total
yellow knife- Top contributor
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Re: PINS.N
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Re: PINS.N
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When Non-Life Insurance Industry is growing steadily , PINS has outperformed the Industry only in 2016.
yellow knife- Top contributor
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Re: PINS.N
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Re: PINS.N
nihal123- Top contributor
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Re: PINS.N
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