ARPICO INSURANCE PLC (AINS.N0000)

AINS is possibly the cheapest share in Insurance sector currently trading at Rs. 15.00/-, Company shows strong growth YOY and expecting to do better as they are already expanding their branches

-This company has only 3% free float
-Last few days this share begun to be active and I think there is a collection going in prior to a bull run


I think we need to have a discussion on this stock

@AAABoy wrote:AINS is possibly the cheapest share in Insurance sector currently trading at Rs. 15.00/-, Company shows strong growth YOY and expecting to do better as they are already expanding their branches

-This company has only 3% free float
-Last few days this share begun to be active and I think there is a collection going in prior to a bull run


I think we need to have a discussion on this stock

AINS main shareholder is KGAL. As per news I got KGAL going to sell to foreign party before that AINS will be transferred to Richard Pieris which the deal is expected to happen at 20/- 

AINS is a good share which shows great potential. I hope this will be next PARQ/BLI

"As per news I got KGAL going to sell to foreign party before that AINS will be transferred to Richard Pieris which the deal is expected to happen at 20/- "

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possible to hit 20/=

@SUSPENS wrote:"As per news I got KGAL going to sell to foreign party before that AINS will be transferred to Richard Pieris which the deal is expected to happen at 20/- "

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I think you are right .. because KGAL no need money when they pay 45/= dividend then why hey want to sell this and push up..

AINS good shares but it will take time to show good profit any how it is easy to go up as well

@Jana wrote:

@SUSPENS wrote:"As per news I got KGAL going to sell to foreign party before that AINS will be transferred to Richard Pieris which the deal is expected to happen at 20/- "

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I think you are right .. because KGAL no need money when they pay 45/= dividend then why hey want to sell this and push up..

AINS good shares but it will take time to show good profit any how it is easy to go up as well

If that so why did they give a huge dividend ? Learn history and talk. Richard pieris wanted to pull all money out before the company selling off.

Do you still think that loss making company which shows no future paying a big dividend and pulling out their cash just to make their Investors happy? Then I feel sorry about you.

You are only a small investor, there are lot of things happening without you ever dream about them even. 

no need to argue machan,. All we know KGAL has enough money to pay 45 or 90 .....

" If that so why did they give a huge dividend ? Learn history and talk. Richard pieris wanted to pull all money out before the company selling off."

If u have any idea about the history & future ur not going to talk like this....

RICH will never sell kegalle. Its a blue chip plantation company. They have done new cultivation by replacing old. So future income is sure as typically rubber is giving over 25 years of income. Even rubber price will not be current level. It will be ok after 2_3 years. This world is full of rubber. Mobile phone to shoe.

I also don't think RICH will sell KGAL. As per my guess RICH pulled out money from KGAL only because they want to do some investment in Indonesia for Oil Palm and I hope this investment will go with a newly forming company under RICH. Read their latest Annual Report. 

Right now in Sri Lanka there are no big lands to buy which is dedicated to plant Palm Oil so that most of planters are going to Indonesia to extend their plantation activities.

I can see some collections going on....

today i COLLECTED SOME. i THINK THIS WILL PASS 20 AS THEY HAVE NEW BRANCHES AND THEY ARE GOING TO BE RICH.

Acutually this share is over value now. It will take long time to perform this share. Earnings are not enough at all. see the financials before you invest.

AINS.N    A  hidden Gem .

buy now.

@sureshot wrote:AINS.N    A  hidden Gem .

buy now.

lcem mona gem ekakda?

Is Abans Finance PLC in deep trouble and is for sale ? Profit is only Rs 100,000/= for February? Should I buy the rights @ 25.00 when it is trading @ 23.00 levels/

still  good to buy......

last chance......     SALE

dont forget to buy ARPICO INSURANCE

this will hit 20/-  very soon

watch AINS.N  
This will move like janasakthi insurance plc soon.
  
Good to collect now on.
all the best.

It has been in my watch list as well over the past 1 year and waited for 2017 financial reports to decide. Bought @17/50 last month whilst another buy order @ 16/90 narrowly missed when it started moving up again after hitting low of 17/-. My decision to buy this stock as a long term investment for the next 5 years was based on my own analysis, to make myself clear that this investment will give me a return of around 18% CAGR beating the fixed deposit interest rates.

1. Do I like, reasonably understand and am comfortable with insurance business? Yes I do. Have a few life insurance policies from 2 companies and have a fair knowledge as to how life insurance policies work through regular interaction with my life sales agents servicing me. I also regularly read insurance company and insurance industry articles. To some extent I can interpret insurance company financial reports to try and predict their future. A life insurance policy from AINS would have been ideal, but I do not have one

2. How have they performed in the past 5 years?
a. Total Revenue - Compounded Annual Growth Rate is 48%
(Gross Written Premium - 5 year CAGR is 52%)
( First Year Premium - 3 year CAGR is 46%)- new business growing excellent
Won an international award as the Fastest Growing Life Insurer
(Renewal Premium-3 year CAGR is 68%)-Renewal premiums collected efficiently
b. Net Profit 3 year CAGR 151%
( only life insurance company to post profits in the 3rd year of operation)
c. Earnings per share - 3 year CAGR 142%
d. Net Asset Value per share - 5 year CAGR is 15%
e. Dividend per Share- 1st Dividend declared in 2017. Rs.0.40 per Share

3. Can their Management and CEO ensure this fantastic growth levels to be maintained in next 5 years, till 2022 ? YES
There is no CEO since 2016 but only an Acting Chairman. It is clear the defacto Chairman and CEO is Dr. Sena Yaddhige. He is not a life insurer capable of driving sales to such heights. He ensures costs are minimized through Arpico group synergies and focus on profitability. Then who is behind their fantastic growth in sales?
In their IPO document there are 2 sales AGMs(who have been in the company since inception) are now grown to the levels of GMs. They don’t have high end qualifications under their names but seem to be street smart, well experienced with international qualifications in life sales. AINS doesn’t have a comparatively large life sales force but as it grows over the next 5 years I can bet my money for these 2 gentlemen to grow sales and Dr. Yaddhige to ensure growth in profitability.

4. What are my predictions by 2022, EPS? Market value of a share? Compounded annual rate of return on my investment?

a. EPS growth at a minimum of 2018-25%, 2019-20%, 2020-20%, 2021-18%, 2022-18%
2017 EPS@ Rs. 3.11 and by 2022 - Rs. 7.79
b. 2017 PER- 5.47 @ closing market value of a share Rs. 17/-
Even if current sluggish market sentiments continue , I predict it could maintain a similar PER of 5.20 by the end of 2022
c. Predicted market value of a share by the end of 2022 is
EPS Rs. 7.79 @ PER 5.20 = Closing market value of a share Rs. 40/50
d. This gives me a 18% Compounded Annual rate of return by 2022, beating current bank fixed deposit rates

CAUTION- I do not recommend any one to rely upon my analysis but strongly advice to do their own comprehensive analysis before making an investment decision on AINS

looks good ! good management and dividend

Arpico Insurance hasn't done the changes in valuing the life fund according to the new rules by Insurance Board. They will do that this year. Once they do it then their reserves will shoot up similar to CTCE, UAL , etc.

tomorrow price