The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Coronavirus Updates
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyToday at 8:01 am by The Invisible

» Thread for News on CSE and SL Economy
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyToday at 7:51 am by The Invisible

» Sri Lanka’s Colombo tea auction goes online amid Coronavirus curfew
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyYesterday at 4:34 pm by The Invisible

» Thread for News on International Markets
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyYesterday at 4:26 pm by The Invisible

» ඩොලරයේ විකුණුම් මිල රු. 199 ඉක්මවයි
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyYesterday at 3:03 pm by කිත්සිරි ද සිල්වා

» මරණය-පෙනි-පෙනී-ඇමරිකාවට-ගිය-ගමන
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Apr 05, 2020 8:00 pm by nihal123

» Happy Birthday
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Apr 04, 2020 3:21 pm by pjrngroup

» Nikon Offering Free online Photography Classes
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Apr 04, 2020 10:23 am by කිත්සිරි ද සිල්වා

» Oil, Gold & Silver Prices
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Apr 04, 2020 9:39 am by කිත්සිරි ද සිල්වා

» A Simple but Powerful Yogic Process to Boost Immunity and Enhance Lung Capacity
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Apr 03, 2020 8:15 pm by කිත්සිරි ද සිල්වා

» Sri Lanka finance companies pressured by Coronavirus: Fitch
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Apr 03, 2020 1:12 pm by The Invisible

» Sri Lanka appeals for forex inflows to combat COVID-19, lifts inward restrictions
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Apr 02, 2020 8:49 pm by The Invisible

» Sri Lanka to control imports except oil and medicines, grow vegetables: Minister
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Apr 02, 2020 8:48 pm by The Invisible

» ඇඳුම නං නරක නෑ
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Apr 01, 2020 9:48 am by The Invisible

» Kagame gives food, free electricity to every household during lockdown
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Mar 31, 2020 10:07 am by කිත්සිරි ද සිල්වා

» MARKET HOLIDAY ON 30TH MARCH 2020
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Mar 29, 2020 10:09 pm by කිත්සිරි ද සිල්වා

» Power of Social Media
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Mar 29, 2020 1:19 pm by කිත්සිරි ද සිල්වා

» මනුස්සකම
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Mar 29, 2020 10:10 am by LSE

» 450 Ivy League courses you can take online right now for free
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Mar 28, 2020 2:32 am by pjrngroup

» අය කළ ණය වාරික නැවත ලබා දෙනවා – මහජන බැංකු සභාපති කියයි
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Mar 27, 2020 12:02 pm by nihal123

» මේ දුප්පත් රටට ඔබේ ජීවිතය බේරලා දෙන්න උදව් කරන්න.
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Mar 26, 2020 4:26 pm by malanp

» Coronavirus COVID-19 Live update
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Mar 25, 2020 7:59 pm by nihal123

» Anytime Data
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Mar 25, 2020 4:07 pm by pjrngroup

» Films - To Watch List
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Mar 25, 2020 12:05 pm by yellow knife

» US Embassy urges Americans in Sri Lanka to leave
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Mar 25, 2020 8:16 am by The Invisible

» Why we need to practise social distancing
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Mar 24, 2020 8:44 pm by chutiputha

» මුළු දිවයිනටම ඇඳීරි නිතිය
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Mar 24, 2020 8:17 pm by chutiputha

» නමක් ගමක් දන්නෙ නෑ රත්තරන් මනුස්සයෙක්
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Mar 24, 2020 6:01 pm by nihal123

» Amazon today cancelled the subscription of books and audio stories
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Mar 24, 2020 5:33 pm by කිත්සිරි ද සිල්වා

» ජනපතිගෙන් ජනතාවට සහන
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Mar 23, 2020 8:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka asks telecos to give emergency credit to keep in touch in Coronavirus fight
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Mar 23, 2020 7:35 am by The Invisible

» කොටස් වෙළෙඳපොළ හෙට පැය 03කට විවෘත කෙරේ. හැකි නම් නිවසේ සිට වැඩ කරන්න
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Mar 23, 2020 7:18 am by The Invisible

» SAMP.N0000 (Sampath Bank PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Mar 22, 2020 7:52 am by The Invisible

» INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Mar 21, 2020 2:27 pm by serene

» Obituary Notice.
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Mar 21, 2020 1:13 pm by කිත්සිරි ද සිල්වා

» Sri Lanka makes mini-budget till May 2020 under Presidential powers
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Mar 21, 2020 9:49 am by The Invisible

» හෝමාගම රෝහලත් කොරෝනා රෝගීන් සඳහා වෙන් කරයි
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Mar 21, 2020 9:43 am by nihal123

» People first, economy next, says top economist
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Mar 20, 2020 9:59 am by Backstage

» කොටස් වෙළෙඳපොළ ගනුදෙනු හෙට යළි ඇරඹෙයි
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Mar 20, 2020 8:34 am by malanp

» ඉන්දීය අගමැති මුළු රටටම ඇඳිරි නීතිය පනවයි
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Mar 20, 2020 8:05 am by The Invisible

» Sri Lanka to fix fuel prices, build energy stability fund amid COVID-19 crude collapse
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Mar 19, 2020 2:36 pm by කිත්සිරි ද සිල්වා

» නිවසේ සිට වැඩ කරන සතියක් : රජය සහ පුද්ගලික අංශය දෙකටම
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Mar 19, 2020 2:31 pm by The Invisible

» Sri Lanka elections delayed over Coronavirus
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Mar 19, 2020 2:27 pm by The Invisible

» Sri Lanka’s market closed over Coronavirus on March 19
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Mar 19, 2020 9:31 am by The Invisible

» Sri Lanka stock market closed Tuesday in Coronavirus holiday
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Mar 19, 2020 9:23 am by The Invisible

» Sri Lanka President orders 6-month debt moratorium, 4-pct working capital
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Mar 18, 2020 3:17 pm by slstock

» පුත්තලම, හලාවත ඇතුළු ප්‍රදේශ කිහිපයකට පොලිස් ඇඳිරි නිතිය
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Mar 18, 2020 2:45 pm by The Invisible

» Sri Lanka RPCs to pay Rs.1,000 daily wage on higher productivity, trade unions yet to agree
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Mar 17, 2020 3:03 pm by The Invisible

» Sri Lanka Central Bank Governor asks markets to remain calm
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Mar 17, 2020 2:59 pm by The Invisible

» Dividend Announcements
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Mar 17, 2020 12:59 pm by yellow knife

April 2020
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
2627282930  

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

HASU.N0000 (HNB ASSURANCE PLC)

Page 2 of 2 Previous  1, 2

Go down

HASU.N0000 (HNB ASSURANCE PLC) - Page 2 Empty Re: HASU.N0000 (HNB ASSURANCE PLC)

Post by yellow knife on Tue Mar 06, 2018 9:20 am

Share is trading at an attractive levels.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

HASU.N0000 (HNB ASSURANCE PLC) - Page 2 Empty Re: HASU.N0000 (HNB ASSURANCE PLC)

Post by pjrngroup on Tue Mar 06, 2018 12:52 pm

Thanks YK.

pjrngroup

Posts : 417
Join date : 2015-11-01

Back to top Go down

HASU.N0000 (HNB ASSURANCE PLC) - Page 2 Empty Re: HASU.N0000 (HNB ASSURANCE PLC)

Post by Ethical Trader on Tue Mar 06, 2018 5:27 pm

Thanks YK.
Ethical Trader
Ethical Trader
Top contributor
Top contributor

Posts : 5567
Join date : 2014-02-28

Back to top Go down

HASU.N0000 (HNB ASSURANCE PLC) - Page 2 Empty Re: HASU.N0000 (HNB ASSURANCE PLC)

Post by yellow knife on Thu Apr 18, 2019 9:30 am

2018

HNB Assurance is smoothly improving in its Revenue.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

HASU.N0000 (HNB ASSURANCE PLC) - Page 2 Empty Re: HASU.N0000 (HNB ASSURANCE PLC)

Post by yellow knife on Thu Apr 18, 2019 9:39 am

PAT has grown by 126% in the year to record 2,705 Millions.

This includes
1.One Off surplus of 381 Million
2. 1,200 Million Defferred Asset Tax recognized in respect of brought forward tax losses.

Thus PAT as well as other indicators like ROE shows a bloated picture.

[You must be registered and logged in to see this image.]


[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

HASU.N0000 (HNB ASSURANCE PLC) - Page 2 Empty Re: HASU.N0000 (HNB ASSURANCE PLC)

Post by yellow knife on Thu Apr 18, 2019 10:12 am

When market price of a share going up substantially and without fitting to a predictable pattern, (other than TA patterns) one should dig into facts.

Is this sudden appreciation take place due to one off event or a sustainable event? If its due to one off event like Kegalle declaring a massive dividend out of its Reserves then buyer have to beware.

[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

HASU.N0000 (HNB ASSURANCE PLC) - Page 2 Empty Re: HASU.N0000 (HNB ASSURANCE PLC)

Post by yellow knife on Thu Apr 18, 2019 10:24 am

EPS of the company is improving. Life Insurance sector grows at 12% per annum and we can expect such a reasonable growth to continue.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

HASU.N0000 (HNB ASSURANCE PLC) - Page 2 Empty Re: HASU.N0000 (HNB ASSURANCE PLC)

Post by yellow knife on Thu Apr 18, 2019 10:32 am

HASU is a company where dividend keeps growing.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

HASU.N0000 (HNB ASSURANCE PLC) - Page 2 Empty Re: HASU.N0000 (HNB ASSURANCE PLC)

Post by Ethical Trader on Thu Apr 18, 2019 6:05 pm

Thanks.
Ethical Trader
Ethical Trader
Top contributor
Top contributor

Posts : 5567
Join date : 2014-02-28

Back to top Go down

HASU.N0000 (HNB ASSURANCE PLC) - Page 2 Empty Re: HASU.N0000 (HNB ASSURANCE PLC)

Post by ruwan326 on Sun Jul 21, 2019 6:59 am

HNB Assurance celebrates S&P SL 20 entry

21 July, 2019

HNB Assurance PLC rang the opening bell at the Colombo Stock Exchange (CSE) on Friday to celebrate the inclusion of HNB Assurance PLC in the S&P SL20 Index following the 2019 mid-year index review.

Chairperson Rose Cooray, Managing Director/CEO Deepthi Lokuarachchi, Director Dr. Sivakumar Selliah, Chief Operating Officer Prasantha Fernando and Board Secretary Sitari Jayasundara of HNB Assurance were present while the CSE was represented by Chairman Ray Abeywardena, Director Shanil Fernando, CEO Rajeeva Bandaranaike and the senior management of the Exchange.

CEO of CSE, Rajeeva Bandaranaike said, “A public listing alone is often considered as a milestone in a company’s lifecycle. Inclusion in an index that features the leading stocks listed on any exchange around the world is an achievement. HNB Assurance PLC joins an exclusive group of companies that are among the top 20 companies in terms of market liquidity and frequency of trading at the exchange.”

Managing Director/CEO of HNB Assurance PLC and HNB General Limited Deepthi Lokuarachchi said, “As a company we are a strong outfit organizing and mobilizing all our resources and giving the maximum shareholder value and value creation to them. We are committed to growing our business, and continue to be a very strong stock for our shareholders.”

The S&P SL 20 index has been designed in accordance with international practices and standards. All stocks are classified according to the Global Industry Classification Standard (GICS®), which was co-developed by S&P Dow Jones Indices and MSCI and is widely used by market participants throughout the world.

[You must be registered and logged in to see this link.]
ruwan326
ruwan326

Posts : 1601
Join date : 2016-09-29
Age : 42
Location : Horana

Back to top Go down

HASU.N0000 (HNB ASSURANCE PLC) - Page 2 Empty Re: HASU.N0000 (HNB ASSURANCE PLC)

Post by The Invisible on Sun Jul 21, 2019 11:22 am

I see strong financial KPIs in HASU forms a section of my portfolio too
The Invisible
The Invisible

Posts : 1728
Join date : 2016-11-28
Age : 40

Back to top Go down

HASU.N0000 (HNB ASSURANCE PLC) - Page 2 Empty Re: HASU.N0000 (HNB ASSURANCE PLC)

Post by The Invisible on Mon Jul 22, 2019 9:06 am

Sri Lanka's HNB Assurance eyes 15-pct premium growth in 2019

Jul 21, 2019 11:23 AM GMT+0530 | 0 Comment(s)


ECONOMYNEXT - Sri Lanka's HNB Assurance is expecting planning write business of 15 percent in the year to March 2019 around 9.5 billion rupees, with restrictions on vehicle imports relaxed, though economic conditions were weak, officials said.

Chief Executive Deepthi Lokuarachchi said the firm expected 15-16 percent premium growth in 2019 with first quarter revenue increase outstripping industry growth.

"Market conditions are hard at the moment with disposable incomes coming down," Lokuarachchi said.

"Both our general and life businesses have grown faster than the market rate of growth in the first quarter."

"Our life Insurance company has recorded 17 percent revenue growth. General business had recorded 11 percent whereas the market rate is much lower than that."

According to Insurance Commission of Sri Lanka data gross premium growth in life was 9.64-pct in March quarter and general insurance was 2.79-pct.

Gross written premium grew 14 percent to 2.49 billion rupees in the March quarter but profits fell to 132 million rupees from 681 million rupees (earnings of 2.38 rupees per share) a year earlier, as benefits and claims spiked 45 percent to 937 million rupees.

Lokuarachchi said a higher volume of life maturities contributed to the spike in claims and benefits.

Lokuarachchi said the HNB Assurance stayed out of a general price war in the insurance.

Some companies were writing business simply to fund expenses, without taking into account the actual risks, but HNB Assurance had avoided, he said.

Though HNB was not making large under-writing profits but was just about breaking even with a combined ratio of around 100.

Insurance involved selling a promise and people expected stability, he said. He said a survey showed that HNB Assurance pricing was behind only one insurer.

Chairperson Rose Cooray said the HNB brand helped the firm. The firm also had a presence at some HNB branches.

Cooray said the relaxation of import credit restrictions by the government on motor vehicles would help general insurance sector in 2019.

Motor is 63 percent of the general insurance in Sri Lanka.

Sri Lanka was hit by monetary instability in 2018 as the central bank printed money to bring down rates, accommodate, maturing swaps and repay bonds, de-stabilizing a soft-peg with the US dollar analysts have said.

Car imports were restricted by the central bank, and banks bought bonds from fleeing foreign bond investors instead. Analysts have called for reform or abolition of the soft-peg which had generated instability in the country from shortly after independence from British rule.

But monetary instability has ended in 2019 and interest rates are coming down.

Lokuarachchi said insurers were also hit by higher tax rates under a new inland revenue law. (Colombo/July20/2019)
The Invisible
The Invisible

Posts : 1728
Join date : 2016-11-28
Age : 40

Back to top Go down

Page 2 of 2 Previous  1, 2

Back to top


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