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Member
Registered: Mar 2018
Posts: 812
The Dice has started to roll

https://merolagani.com/NewsDetail.aspx?newsID=55877
आइएमई जनरल इन्स्योरेन्स अन्तर्राष्ट्रिय अवार्डबाट सम्मानित

....Baki Ishwor Ko Leela....
Member
Registered: Mar 2018
Posts: 812
IME GENERAL INSURANCE

...After merger of Global Ime Bank and Jaanta Bank.....Previously IME GENERAL INSURANCE has access to global ime bank loan clients only for hypo/vehicle/building insurances....But Now IME GENERAL INSURANCE has access to Jaanta Bank Loan Clients as well....Its sales must surge up in upcoming days.....

...It might be noted that NECO insurance has high sales as it has huge business from Rastriya Banijya Bank AS RBB also holds big stake in NECO it gives its business to NECO.....Now IME General Insurance balancesheet must have significant improvement after gaining direct access to two commercial banks....

...Also its FPO is pending....(20% promoter and 80% public)....its price is tooo low comparatively if we presume its business growth in coming days....

Note - SICL is better sell after it declares good bonus shares after few days....also its expensive....Its business is expected to show sluggish growth due to stiff competition....

....Baki Ishwor Ko LEELA......
Member
Registered: Dec 2017
Posts: 13
What are some picks from Life and Non-life? How is Surya Life for life and Shikar for Non-life at current prices? Any other that you think are of good value based on current prices? Finances look decent..

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