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Neco Insurance

Moderators: बिमलमान, Dilbert.

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Member
Registered: Aug 2013
Posts: 22
Thank you Bunkure Jee, I will hold it now
Member
Registered: Aug 2013
Posts: 272
Yes,
It should issue right share this year to meet minimum capital requirement set by Insurance Board.
Income is as of other companies in Insurance Sector.
Member
Registered: Aug 2013
Posts: 22
Dear Bunkure,
Thank you for your suggestion, I do have 630 scripts of Neco which is about 5% of the total investment. I heart about its right share and growing income trend that's why I bought it a few weeks back. I see that this is not traded that often, hence I was in confusion. But as of now I will hold it for sometime.
Thank you for your great suggestion!
Member
Registered: Aug 2013
Posts: 272
I think,
If you are long term investor Hold It.
If you are short term investor Sell It and purchase other scripts like Mega, NLG,SKBBL,RMDC,ADBL, NBL which are traded frequently and are mostly under evaluated. You can find many such companies,but carefully, which can give good returns for short term.

Because this script is not traded frequently so you can not sell it immediately whenever you want.

By the way how much script do you have, if it is in few qty(less than 500 or 5% of your total shares) don't sell it.
Member
Registered: Aug 2013
Posts: 22
Can anyone suggest me regarding Neco Insurance? I have some shares which made me confuse, shall I hold it or let it go ? Anyone's suggestion will be highly appreciated !
Thank you !

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