PMB/PLC/PINS

In the above group which one has more potential?
 
Do you think PLC will come down to Rs.18/19?
Do you think PMB will come down to Rs.15/16?
Do you think PIN will come down to Rs.12/13?
Which one will go up next week?
 
Which one will stay as a rock and appreciate thereafter rapidly?
 
Appreciate any thoughts.

Plc will come down to 18 level for sure

PINS won't come down below 14 level

jayathu wrote:Plc will come down to 18 level for sure

PINS won't come down below 14 level 

Thanks.

I am surprised why Entrust management was not handed over to Peoples Bank conglomerate instead of NSB. These 3 companies remain the only listed entries under People Bank. Overall banking sector is down hence all valuations have to be readjusted. Average price for all 3 shares based on current valuation is more than 20/=. I have all 3 in reasonablr quantity which, I am hold as a long term investment coz it represent only 3% of my portfolio of investments.

NSB is also a good bank. They also have much improved computerized banking system now. Their service also has improved lot. It is one of the safest places to open saving accounts. Management is conservative and our money will be safe there.

It is good to see NSB is expanding to other areas beyond basic banking.

NSB is only the bank which is responsible to give back our deposit by act. Even other government bank may avoid pay back customer deposit in case of any crisis or disaster.

PINS WILL GO UP NOT POSSIBLE TO COME DOWN ..It will touch 16/= this week

Now they are trading as follows? Which one is more attractive?
 
PMB 16.60
PLC 19.40

New sister in the group PIN around Rs.15.

Suddenly, New sister in the group PINS has become more active than other two. Any reason for it?

It is always better to target stocks when they are inactive and when others try to sell in panic to minimize our risks.

I believe more stocks will become active gradually.

VALUEPICK wrote:Suddenly, New sister in the group PINS has become more active than other two. Any reason for it?

It is always better to target stocks when they are inactive and when others try to sell in panic to minimize our risks.

I believe more stocks will become active gradually.

read this.. you will understand reason behind this upward trend..

..................................

While inaugurating the secondary market transactions of People’s Insurance Company today (12 January), its Managina Director D.P. Kumarage announced that the company would offer 50 per cent of its profits as dividends while responding to a query by Ada Derana Biz.
While adding further, Kumarage said, “We wanted to list this company. The share market fluctuates from time to time. This is not a very good time for the market. So we were not so keen on this. We only wanted to list the company.”
Meanwhile, People’s Insurance Managing Director D.P. Kumarage also added that a decision has been taken to offer 50 per cent of the company’s profits as dividends and that if this could be done with this year’s profits the shareholders could gain around 8.5 to 9 per cent as profits.
He gave a parting advice that when deciding to invest, what has to be considered is not short-term but long-term opportunities.

source.. http://bizenglish.adaderana.lk/50-of-peoples-insurance-profits-to-shareholders/

it appears 13 th jan.. you know what happened after that..

think about situation a company that report a EPS around 2.2 per year decide to give 50% of there profit to the share holders. .. 

Peoples group always delivers good dividend, look at PLC. One of the best dividend yield over last 5 yrs.

http://forum.srilankaequity.com/t49185-this-is-my-view-about-pins-40-50

Ha ha ha ralla hamila talk denakota api buy karala analyse karalath iwarai . 
Mata oya boru kathandara onna nane , real example your jkh

shadow walker wrote:

VALUEPICK wrote:Suddenly, New sister in the group PINS has become more active than other two. Any reason for it?

It is always better to target stocks when they are inactive and when others try to sell in panic to minimize our risks.

I believe more stocks will become active gradually.

read this.. you will understand reason behind this upward trend..

..................................

While inaugurating the secondary market transactions of People’s Insurance Company today (12 January), its Managina Director D.P. Kumarage announced that the company would offer 50 per cent of its profits as dividends while responding to a query by Ada Derana Biz.
While adding further, Kumarage said, “We wanted to list this company. The share market fluctuates from time to time. This is not a very good time for the market. So we were not so keen on this. We only wanted to list the company.”
Meanwhile, People’s Insurance Managing Director D.P. Kumarage also added that a decision has been taken to offer 50 per cent of the company’s profits as dividends and that if this could be done with this year’s profits the shareholders could gain around 8.5 to 9 per cent as profits.
He gave a parting advice that when deciding to invest, what has to be considered is not short-term but long-term opportunities.

source.. http://bizenglish.adaderana.lk/50-of-peoples-insurance-profits-to-shareholders/

it appears 13 th jan.. you know what happened after that..

think about situation a company that report a EPS around 2.2 per year decide to give 50% of there profit to the share holders. .. 

Thank you for the information.

After years.
PLC @6
PINS @20
PMB @4.50

52 weeks

PLC   11.30
PMB 10.20
PINS 50

PLC_

*75% stake in PINS - Probably the front runner for restructuring , since foreign interest is already there $$$
*Government entities hold 86 % on PLC. BV of PLC is above 20, any transaction should happen around that level or beyond.

K.R wrote:52 weeks

PLC   11.30
PMB 10.20
PINS 50

CMP

PLC   5.10
PMB  3.90
PINS 19.00

They are in the forefront of Privatization , but still trading at the lowest levels in the history.
" If any transaction to happen , it will be at least 3X from here.

GOSL wrote:They are in the forefront of Privatization , but still trading at the lowest levels in the history.
" If any transaction to happen , it will be at least 3X from here.

PLC alone has a net asset of 20.70 (30/09/22)

With the interest of Canadian investment , Pins will be the first one to go.

Further price has crashed from 50 to 19 in no time,

K.R wrote:

GOSL wrote:They are in the forefront of Privatization , but still trading at the lowest levels in the history.
" If any transaction to happen , it will be at least 3X from here.

PLC alone has a net asset of 20.70 (30/09/22)

I don’t believe Net Assets will be an accurate method for valuation specifically for PINS ,Since their higher dividend policy. 
For the last two years they have paid R/s 5.50 as dividends(last 5 years r/s  10+).

ErangaDS wrote:

K.R wrote:

GOSL wrote:They are in the forefront of Privatization , but still trading at the lowest levels in the history.
" If any transaction to happen , it will be at least 3X from here.

PLC alone has a net asset of 20.70 (30/09/22)

I don’t believe Net Assets will be an accurate method for valuation specifically for PINS ,Since their higher dividend policy. 
For the last two years they have paid R/s 5.50 as dividends(last 5 years r/s  10+).

Fair enough .

When Allianz acquired Janashakthi ,the consideration was of 2.2x JGIL’s net asset value in 2017. 

https://www.dailynews.lk/2018/02/05/business/141878/allianz-acquire-janashakthi-general-insurance


Rs 52.70. (23.95 * 2.2) 

@K.R could you please upload,If you have any further data regarding Janashakthi - Allianz (Earnings, GWP ,etc) . Thanks.

Ekanayake90 wrote:@K.R could you please upload,If you have any further data regarding Janashakthi  - Allianz (Earnings, GWP ,etc) . Thanks.

https://cdn.cse.lk/cmt/upload_report_file/841_1527505424980.05.18.pdf

SOE Restructuring - PINS valuation analysis