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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
UAL.N0000 (Union Assurance PLC) EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
UAL.N0000 (Union Assurance PLC) EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
UAL.N0000 (Union Assurance PLC) EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
UAL.N0000 (Union Assurance PLC) EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
UAL.N0000 (Union Assurance PLC) EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
UAL.N0000 (Union Assurance PLC) EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
UAL.N0000 (Union Assurance PLC) EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
UAL.N0000 (Union Assurance PLC) EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
UAL.N0000 (Union Assurance PLC) EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
UAL.N0000 (Union Assurance PLC) EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
UAL.N0000 (Union Assurance PLC) EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
UAL.N0000 (Union Assurance PLC) EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
UAL.N0000 (Union Assurance PLC) EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
UAL.N0000 (Union Assurance PLC) EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
UAL.N0000 (Union Assurance PLC) EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
UAL.N0000 (Union Assurance PLC) EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
UAL.N0000 (Union Assurance PLC) EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
UAL.N0000 (Union Assurance PLC) EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
UAL.N0000 (Union Assurance PLC) EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
UAL.N0000 (Union Assurance PLC) EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
UAL.N0000 (Union Assurance PLC) EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
UAL.N0000 (Union Assurance PLC) EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
UAL.N0000 (Union Assurance PLC) EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
UAL.N0000 (Union Assurance PLC) EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
UAL.N0000 (Union Assurance PLC) EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
UAL.N0000 (Union Assurance PLC) EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
UAL.N0000 (Union Assurance PLC) EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
UAL.N0000 (Union Assurance PLC) EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
UAL.N0000 (Union Assurance PLC) EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
UAL.N0000 (Union Assurance PLC) EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
UAL.N0000 (Union Assurance PLC) EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
UAL.N0000 (Union Assurance PLC) EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
UAL.N0000 (Union Assurance PLC) EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
UAL.N0000 (Union Assurance PLC) EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
UAL.N0000 (Union Assurance PLC) EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
UAL.N0000 (Union Assurance PLC) EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
UAL.N0000 (Union Assurance PLC) EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
UAL.N0000 (Union Assurance PLC) EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
UAL.N0000 (Union Assurance PLC) EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
UAL.N0000 (Union Assurance PLC) EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
UAL.N0000 (Union Assurance PLC) EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
UAL.N0000 (Union Assurance PLC) EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
UAL.N0000 (Union Assurance PLC) EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
UAL.N0000 (Union Assurance PLC) EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
UAL.N0000 (Union Assurance PLC) EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
UAL.N0000 (Union Assurance PLC) EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
UAL.N0000 (Union Assurance PLC) EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
UAL.N0000 (Union Assurance PLC) EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
UAL.N0000 (Union Assurance PLC) EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
UAL.N0000 (Union Assurance PLC) EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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3 posters

    UAL.N0000 (Union Assurance PLC)

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    yellow knife
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    UAL.N0000 (Union Assurance PLC) Empty UAL.N0000 (Union Assurance PLC)

    Post by yellow knife Thu Mar 10, 2016 11:08 am

    When I was writing about HNB Assurance two day ago I said, by that everyone is selling in a panic mode created by Capital Gain Tax. So no one is worried about analyzing individual shares.

    Now I am writing about Union Assurance and by that time everyone is rushing to buy what they sold again in a herd mentality.

    **************************************************************

    As per regulator IBSL, insurance companies had to divide General and Life into two separate business units. This prompted certain Insurance companies to reconsider Life and General.

    On 1st January 2015, the Company divested a 78% stake in its subsidiary Union Assurance General Limited to Farifax Asia Limited retaining 22% stake. The sale resulted in a capital gain or Rs 1.22 billion to the company.

    Lucky they are to get such big Capital Gain before imposing tax.

    So now UAL is purely a life insurance company.

    Life Insurance industry comprised of 15 players and 2 of which are multi nationals. Nine out of that have been listed in CSE. The industry is dominated by 5 largest players sharing among them approximately 91% of total Funds Under Management and 81% of the market.


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    UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

    Post by yellow knife Thu Mar 10, 2016 11:11 am

    Following is a comparison between the UAL and HASU being the 4th and 6th player of life insurance .

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    UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

    Post by yellow knife Thu Mar 10, 2016 11:20 am

    PAT of UAL , with special credit to Capital Gains..

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    UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

    Post by yellow knife Thu Mar 10, 2016 11:22 am

    UAL share was always trading at a higher value than Net Assets giving less chances for patient buyers..

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    Post by yellow knife Thu Mar 10, 2016 11:23 am

    Dividend was growing parallel to Earnings..

    Growing Dividend is something rare where some companies maintain constant dividend amounts...

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    Post by yellow knife Thu Mar 10, 2016 11:34 am

    Dividend growth is a worthy cause to analyze than dividend yield for a person who want to hold for a long term. Not every share shows growing dividends...

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    UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

    Post by yellow knife Thu Mar 10, 2016 11:35 am

    PAT comparison

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    UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

    Post by yellow knife Thu Mar 10, 2016 11:39 am

    Historical movement of share price

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    UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

    Post by Senarath67 Sun Sep 16, 2018 6:13 pm

    Excellent,YK.You had seen the value more than two years ago.What happened the share price is history now.
    ruwan326
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    UAL.N0000 (Union Assurance PLC) Empty Re: UAL.N0000 (Union Assurance PLC)

    Post by ruwan326 Fri Aug 09, 2019 9:20 am

    Financial Performance- Period ended 30 June 2019

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      Current date/time is Sun Jun 16, 2024 1:27 am