thanks for the explanation. because most members expected explanation from experts about aaic. some peoples said this will go 25 in a short time.but now they don't AAIC word in the topics list.@jayathu wrote:Annualized eps of 1.20 is stupid analysis. Everyone knows that insurance companies show majority of there profits end of the financial yr, when they realize most of there net value gains. Pls go thourgh historical reports of all companies to see what I'm saying.
Last year they had 20eps, paid dividend of 10rs. After the spilt can expect 1rs.
Yeah there profits has come down first two qtrs compared to last year due to adverse factors affecting general insurance business. they're fastest growing life insurance company this year. They recorded 31%gwp growth in life division.
For short term trading there will much more better stock to invest at but long term this is one of the best stock to buy. 19 level buy n hold it fr 1yr 30% return can be expected. In the insurance industry they have the best synergy. thy have competitive advantage against rivals cause there parent company owns finance company hospitals and etc....
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