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

Display results as :
 


Rechercher Advanced Search

Latest topics
» Food and Beverages
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyYesterday at 9:24 am by කිත්සිරි ද සිල්වා

» Thread for News on CSE and SL Economy
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Oct 18, 2019 11:52 pm by nihal123

» Devolution of power, civil wars, altruism, nepotism in animal world
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Oct 18, 2019 11:45 pm by Backstage

» අනං මනං! #/+?.<>
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Oct 18, 2019 10:36 pm by ruwan326

» East West properties
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Oct 16, 2019 1:36 pm by yellow knife

» RCL - Royal Ceramics
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Oct 14, 2019 2:17 pm by seek

» Performance of the Market-Weekly
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Oct 12, 2019 5:59 am by ruwan326

» Confidence to boom after election – CBSL Governor
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Oct 11, 2019 5:39 pm by Backstage

» Sri Lanka among top 20 rising stars of world trade
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Oct 11, 2019 5:38 pm by Backstage

» CLND Not to miss
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Oct 10, 2019 10:54 am by ruwan326

» Dividend Announcement
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Oct 09, 2019 6:29 pm by Rana

» අපි නොදන්න ගීතයක කතාව
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Oct 04, 2019 1:25 pm by nuwanmja

» මූඩීස් ප්‍රකාශය පිළිගන්න බැහැ – මහ බැංකුව කියයි
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Oct 02, 2019 8:16 am by nihal123

» ආර්ථික වර්ධනය 2.7% ට බසී
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Oct 01, 2019 2:59 pm by nihal123

» Ranil agrees to give Sajith candidacy - AdaDetana
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Sep 26, 2019 6:35 pm by mymoney

» Cracks in the Real Estate Sector
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Sep 26, 2019 4:14 pm by chutiputha

» Films - To Watch List
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Sep 20, 2019 10:08 am by Topcat

» ෆිනෑන්ස් බලපත්‍රය අවලංගුයි. අද සිට මුදල් ව්‍යාපාර බැහැ
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Sep 20, 2019 9:23 am by serene

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Sep 19, 2019 6:03 pm by nuwanmja

» Easter Sunday Attack and Sri Lanka
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Sep 19, 2019 2:19 pm by Ethical Trader

» Trading Journal
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Sep 18, 2019 10:31 am by CK

» Thought for the day...
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Sep 17, 2019 7:14 pm by sashimaal

» කැසිනෝ ව්‍යාපාරික රවී විජේරත්න, අර්බුදයට පත් MTD Walkers මිල දී ගැනීමට සැරසෙයි
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Sep 09, 2019 9:17 pm by nihal123

» Happy Birthday
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Sep 09, 2019 12:24 pm by nuwanmja

»  Rajgama Heroes !
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Sep 07, 2019 11:54 am by කිත්සිරි ද සිල්වා

» Yahoo mail
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Sep 06, 2019 7:08 pm by Rana

» Thread for News on International Markets
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Sep 06, 2019 11:20 am by The Invisible

» JINS.N0000 ( Janashakthi Insurance PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Sep 06, 2019 11:17 am by The Invisible

» Browns Investments update
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Sep 06, 2019 7:30 am by sanjulanka

» Hayleys MGT
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Sep 06, 2019 7:25 am by The Invisible

» SEYB.N0000 ( SEYLAN BANK PLC )
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Sep 05, 2019 10:17 pm by soileconomy

» Tourism Sector
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Sep 05, 2019 7:38 pm by NIRMALSG

» TJL.N0000 (Textured Jersey Lanka PLC.)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Sep 03, 2019 7:42 pm by Ethical Trader

» UBC Union Bank of Colombo
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Sep 03, 2019 1:39 pm by The Invisible

» Obituary Notice.
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Sep 03, 2019 12:04 am by කිත්සිරි ද සිල්වා

» Thread for News on Local and Foreign Politics
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Aug 31, 2019 6:43 pm by The Invisible

» Sri Lanka bank profitability under pressure: Moody’s
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Aug 31, 2019 10:14 am by The Invisible

» ‘වැඩකාරයාගේ නමත් සිරිසේන’ කියලා හිනාවුණා
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Aug 30, 2019 5:35 pm by sanjulanka

» 8000 Post Club | Celebration of a Great Milestone කිත්සිරි ද සිල්වා
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Aug 29, 2019 8:47 pm by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyThu Aug 29, 2019 12:07 pm by කිත්සිරි ද සිල්වා

» Sri Lanka to call for bids to develop Mannar Basin natural gas find
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyTue Aug 27, 2019 6:02 pm by nuwanmja

» “බිරිඳගේ සහ පෙම්වතියගේ වෙනස මොකක්ද?”
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Aug 26, 2019 1:21 am by sanjulanka

» The Central Bank of Sri Lanka Reduces its Policy Interest Rates
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySat Aug 24, 2019 5:56 am by Ethical Trader

» JKH - 155/00 Breakout is pending
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyFri Aug 23, 2019 3:51 pm by pjrngroup

» Tokyo as at 21.08.2019 Morning
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyWed Aug 21, 2019 11:37 am by nisashi

» What Would You Do?
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Aug 19, 2019 2:32 pm by කිත්සිරි ද සිල්වා

» Back of the Legends
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Aug 19, 2019 11:43 am by Topcat

» NTB.N0000 (NATIONS TRUST BANK PLC)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptyMon Aug 19, 2019 12:03 am by lanka

» Melstacorp (MELS)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Aug 18, 2019 10:03 pm by The Invisible

» Cargills (CARG)
HASU.N0000 (HNB ASSURANCE PLC) - Page 2 EmptySun Aug 18, 2019 9:56 pm by The Invisible

October 2019
SunMonTueWedThuFriSat
  12345
6789101112
13141516171819
20212223242526
2728293031  

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 10:50 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 : 6444
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 2:22 pm

Thanks YK.

pjrngroup

Posts : 403
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 6:57 pm

Thanks YK.
Ethical Trader
Ethical Trader
Top contributor
Top contributor

Posts : 5521
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 11:00 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 : 6444
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 11:09 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 : 6444
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 11:42 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 : 6444
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 11:54 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 : 6444
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 12:02 pm

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 : 6444
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 7:35 pm

Thanks.
Ethical Trader
Ethical Trader
Top contributor
Top contributor

Posts : 5521
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 8:29 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 : 1310
Join date : 2016-09-29
Age : 41

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 12:52 pm

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

Posts : 1227
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 10:36 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 : 1227
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