Breaking 46 will make a C&H Break Out.
Dividend Pending
* Amount > LKR 5 (JINS can distribute tax free dividend received from CFVF.N0000)
Profit Expectations
* Earnings should be good.
* Majority of BOND portfolio is classified under 'Financial Assets at Fair Value Through Profit
or Loss'. Hence capital gains due to rate cuts will reflect in P&L.
NAV
* LKR 60.64 / PBV 0.75 (All other life insurance companies in CSE are trading above NAV.)
Dividend Pending
* Amount > LKR 5 (JINS can distribute tax free dividend received from CFVF.N0000)
Profit Expectations
* Earnings should be good.
* Majority of BOND portfolio is classified under 'Financial Assets at Fair Value Through Profit
or Loss'. Hence capital gains due to rate cuts will reflect in P&L.
NAV
* LKR 60.64 / PBV 0.75 (All other life insurance companies in CSE are trading above NAV.)
Not
Future Monetary Policy* We expect at least 2 more rate cuts by MB of Sri Lanka. Hence YoY earnings growth expected to continue towards Q2 2024 (Capital gains from Bond Portfolio.
Not
Breakout from C&H pattern formation* 05/04/2024 closed above the LKR 46 mark, effectively breaking C&H pattern.
İşlem aktif
Our conservative expectation was JINS to declare an LKR 5.00 dividend.But
Today JINS declared a dividend of LKR 13.24
Close to 3X our dividend expectation.
26.6% DY for today's closing price.
İşlem kapandı: hedefe ulaştı
Target exceeded by 20%.* Closing the trade as Daily Chart of the counter & ASI both turned bearish. *
But expecting a attractive dividend.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.