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Member
Registered: Nov 2015
Posts: 316
Prava ji!
SIC was lucrative in past!
It had good fundamental!
Now its position has taken by sil and nlg!
SIC has reserve in decreasing trend! Its no of policies also sharply decreasing! obviously net profit also has gone down!
I don't know about its reinsurance...but as I heard they could get 70-80% from reinsurance !
Congrat you booked good profit within quite short period.
But I think you did a bit hurry...I do not see any symptoms to be stopped its bullish trend!
Member
Registered: Jan 2016
Posts: 7
m b ji i bougt sil in 1300 10 days ago n sold wednesday in 1560.
mb ji looks quite inteŕssted in non life.im also planning to invest in non life
sic ko kina eps decreasing n 1.4 arab jattiko claim ma reinsurance bata kati aauxa hola ?do u have any idea sir?
Member
Registered: Nov 2015
Posts: 316
Thank you very much dear Shooting sir!
Member
Registered: Apr 2015
Posts: 276
Yes, M.b ji , you deserve to be in profit , keep it up.
your time was perfect to buy insurance company.
good luck .
Member
Registered: Nov 2015
Posts: 316
Dear Rising sir!
Good morning!
Thank you very much sir!
Member
Registered: Oct 2013
Posts: 2521
Looks Like you will be making a lot of money MB ji.
Member
Registered: Nov 2015
Posts: 316
Dear Rising sir and Shooting sir!
Im really missing both of you!
You know I have sharply changed my portfolio.
I have made major portion in general insurance company!
See my portfolio :

sicl:@1702 before 24% bonus,see now how quickly it has crossed buying price.

nlg:@928 after bonus,it will be no 2 after shikhar within 6 months coz it has 2nd highest no of insu.policies.

sil:@1240 this Sunday!Presently it is second after shikhar but will be at least third after 6 months.

nil:@1198,see there its growth is outstanding! It comes after sic and pic.ie its position is 6th, I think!

picl:@875,its awesome!I think its seventh.
Please make comment on my portfolio!
Member
Registered: Nov 2015
Posts: 316
Dear atharba!
I don't think you could get nil tomorrow@1200,
if you could get around 1300 its okay!
Within 10 trading days its price will be back to 1200 and more after 15% bonus adjustment!
I see options with you tomorrow,
1st: grab NIL whatever the price will be tomorrow !
2nd:PIC if you could get!
3rd: SIL
4th:NLG
5th:SICL
If you go with one of the above stock you won't regret !
Member
Registered: Nov 2015
Posts: 316
Dear atharba!
I don't think you could get nil tomorrow@1200,
if you could get around 1300 its okay!
Within 10 trading days its price will be back to 1200 and more after 15% bonus adjustment!
I see options with you tomorrow,
1st: grab NIL whatever the price will be tomorrow !
2nd:PIC if you could get!
3rd: SIL
4th:NLG
5th:SICL
If you go with one of the above stock you won't regret !
See my analysis below:
Comparative anlysis between SIC and SIL:

Paid up approach:
sic has 35.6 karod ,after 23.75 % bonus it will be 44+ karod.
sil has 27.58 karod,after 25% bonus it will be 34.5 karod.
This shows that sil has to increase higher % of paid up to meet certain level of (say 2 arba each) paid up ! So sil has to give higher % of bonus/right.In this regard SIL is better.

Reserve Approach :
sic has 19 karod(decreasing trend comparing to its previous reserve) where as sil has 20 karod(increasing trend).This approach also favours the sil.
Insurance Fund approach:
sic has 30 karod whereas sil has 24 karod ! sic is better in present ! But this fund is directly related with net profit (50% profit should be provision on this heading) sil has higher profit so sil could win.

Emergency Fund:
sic has 2 karod but sil has zero. Definately sic in this heading.

Net profit approach:
sic has 3 karod whereas sil has 6, definately sil preferable!

Premium collection approach:
sic has 48 karod whereas sil has 51 karod,sil better.

Insurance Policy issued (no) approach:
sic has 20,536 whereas sil has 44926,sil better.

Renewal of policies approach:
sic had 16299 whereas sil has 11681,sic better.

Total policies approach:
sic has 36835(current +renewal) whereas sil has 56500+,sil better.

Paid claim /unpaid approach:
sic has paid 50 karod,unpaid 173 karod ,more than 3 times unpaid.
sil had paid 43 karod ,upaid 87 karod , only 2 times.,sil is better.

EPS Approach:
sic has 18% annualised,after 23.75% bonus adjustment it will be below 14%
sil has 44% annualised after 25% bonus adjustment it will be 35%
,definitely sil.

p/e approach:
sic 69 before based on annualised eps(after 23.75% bonus it could be around 90 at yesterdays closing price)
sil has 31 based on annualised eps(after 25% bonus it could be just 39)sil is better.

Market price yesterday :
sic 1250
sil 1363. sic better.

Conclusion and recommendation:
Definately SIL is better option till the date!

Note: data are rounded off,plz correct me where I mistook.Check other factors as well !
The Rising Sun
Reply
#445 Mon Mar 07, 2016 8:30 pm
Member
Registered: Oct 2013
Posts: 1311
Many Thanks MB Ji.
M.B
Reply
#446 Mon Mar 07, 2016 9:18 pm
Member
Registered: Nov 2015
Posts: 236
Welcome dear Rising sir !
I want your remarks here as well!
Particularly Im curious to know about capital ratio of these general insurance stocks.
Do yo have any idea???
After shikhar PIC is going to announce FPO?
How many others has to ?
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Member
Registered: Oct 2014
Posts: 21
Is it good to buy the stock of NIL at 1200 looking at the right share .Could you plz suggest me about the stock

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