Can anybody elaborate the JINS .
What is its potential price point ?
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@bliss wrote:same as with me...holdin JINS now for more than 6 months....wil wait another 6 months....
@slstock wrote:@bliss wrote:same as with me...holdin JINS now for more than 6 months....wil wait another 6 months....
I have been holding for over 2.5 years. Bought some at IPO at Rs 12 then again at around Rs 15-16 last year. It is testing my patience but their dividend were something to lookout for. Let see they will do justice to their share holders;. Their last quarter EPS was not the greatest though they were apparently the market leader in the sector. Let hope all of our sake this quarter they have done well.
hybrid_OS wrote:These sort of companies tend to be taken over eventually.
The staff turnover was very high during the past 2-3 years.
Many due to fraud and other reasons.
Speaks a lot about the ethics and controls within the company.
Also the aggressive marketing and discounting on premiums were taking place to counter the competition.
Continental Insurance (run by Harry J) I am told are even worse. The premiums are rock bottom in order to break into the scene.
Its quite possible that GREG or for that matter HJ may takeover to consolidate their holdings and business share.
@Jayasri wrote:sector PER = 12.91
JINS EPS = 2.12
Valuation Based on PER is
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