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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

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» CCS.N0000 ( Ceylon Cold Stores)
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» Dividend Announcements
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» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
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» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
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» SEYB.N0000 (Seylan Bank PLC)
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» The Korean Way !
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» In the Meantime Within Our Shores!
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» What is Known as Dementia?
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» SRI LANKA TELECOM PLC (SLTL.N0000)
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» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
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» Equinox ( වසන්ත විෂුවය ) !
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» COMB.N0000 (Commercial Bank of Ceylon PLC)
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» REXP.N0000 (Richard Pieris Exports PLC)
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» RICH.N0000 (Richard Pieris and Company PLC)
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» Do You Have Computer Vision Syndrome?
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» What a Bank Run ?
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» 104 Technical trading experiments by HUNTER
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» GLAS.N0000 (Piramal Glass Ceylon PLC)
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» Cboe Volatility Index
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» AHPL.N0000
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» TJL.N0000 (Tee Jey Lanka PLC.)
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» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
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» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
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» PLC.N0000 (People's Leasing and Finance PLC)
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» Bakery Products ?
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» NTB.N0000 (Nations Trust Bank PLC)
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» When Seagulls Follow the Trawler
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» Re-activating
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» 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)
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» APLA.N0000 (ACL Plastics PLC)
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» 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.
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» 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

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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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    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.
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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 Sat Jul 27, 2024 7:45 pm