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#1 Thu Apr 24, 2014 9:39 am
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Member
![]() Registered: Jun 2013
Posts: 195
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If they wish, they can amend it as they are capable of giving upto 55% bonus share however it depends upon the BOD. Another part of story is that Beema Samiti is likely to annouce the capital increment plan of both life and non-life insurance. Let's see how it goes, overall, Non-Life insurance like SIC, SICL, AIC,NICL etc all will have to increase capital.
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#2 Wed Apr 23, 2014 7:05 pm
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Member
![]() Registered: Jun 2013
Posts: 117
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Thanks guys for your analysis. Will SIC's declared dividend amend to 45% bonus share? Its rumor on market. Why it's delaying for book close date and AGM?
Its EPS is 68.85 which means it is still undervalued, Isn't it? Like Freeman said, it should be priced at least 1800 on market seeing overall market trend. |
#3 Wed Apr 23, 2014 9:28 am
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Member
Registered: Jul 2013
Posts: 264
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SIC is one of the best non life insurance and grab the Cash and Stock dividend within short period. It's price will be 1600 within this month.
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#4 Wed Apr 23, 2014 8:52 am
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Member
![]() Registered: Jun 2013
Posts: 195
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Without any doubt we can purchase Sagarmatha Insurance. Its true the second phase start soon with Non-Life sectors too. I believe it will be priced more than 1800 in no time. Its ripping time for bonus and cash of it. Best of Luck Guys.
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#5 Tue Apr 22, 2014 10:06 pm
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Member
![]() Registered: Jun 2013
Posts: 117
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Top-Life Insurance ko share chahi 5000 Crossed, WHY Non -Life Insurance is hesitating to cross even 1500.
SIC is no 1 in leading stock in Non-Life sectors but its price is just Rs 1300. Next phase might be of Non-Life sectors, Isn't it? |
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