JINS Community

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Blue Whale
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Re: JINS Community

Postby Blue Whale » Fri Feb 23, 2018 11:29 am

8Mn on the selling side. Wonder what are going in the minds of them now.
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Re: JINS Community

Postby sricap » Fri Feb 23, 2018 11:34 am

Typical Sri Lankan Investors. Janashakthi will re purchase all shares below 36.70.

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Re: JINS Community

Postby SHARK » Fri Feb 23, 2018 11:40 am

now we cant blame the investors.... some like quick exit instead waiting for jins to repurchase... so that they can rotate stocks for next run :D
Price is what you pay. Value is what you get.”

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Re: JINS Community

Postby SHARK » Fri Feb 23, 2018 11:41 am

so determine who is the next ....... to get in before rest flocks......
Price is what you pay. Value is what you get.”

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Re: JINS Community

Postby Blue Whale » Fri Feb 23, 2018 11:48 am

I am thinking the other ways. Bargain hunters collecting whatever available and discounted prices because they have very good time to make the gain. Curtains are open till 28th. So bargain hunters are inviting the massive profit holders to pocket them up. 5Mn already done and if assume another max of 5mn gone then what will be there for Monday?

Better to think logically.
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Re: JINS Community

Postby sricap » Fri Feb 23, 2018 12:05 pm

Blue Whale, Shark

What will happend to free shares after re purchse ( Shares % other than main owner ).
What will be the price after re purchase ?

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Re: JINS Community

Postby PAT » Fri Feb 23, 2018 12:06 pm

Blue Whale wrote:I have extended the chart till 30/-. If you can buy @ 30/- then you are in a minimum of double digit return.


it seems very slim chance to come down to 30

31.50/32 .......
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Re: JINS Community

Postby PAT » Fri Feb 23, 2018 12:07 pm

sricap wrote:Any possibility of dividend this year ?
13-14 Rs.1.00 ,
14-15 Rs.1.00,
15-16 Rs.0.75,
16-17 Rs.1.00
Declared in Feb-March every year.


possible........ :D
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Re: JINS Community

Postby ruwa » Fri Feb 23, 2018 12:51 pm

There should be another run

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Re: JINS Community

Postby Blue Whale » Fri Feb 23, 2018 2:10 pm

1000 shares sold below 31/- also. If the panic batten is still to press then we may able to see JINS at 30/- or slightly below. However if this is only bargain hunting then Monday we should see a different scenario.
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Re: JINS Community

Postby ruwa » Fri Feb 23, 2018 3:18 pm

In either case buying at 30, 31 or below levels offers an opportunity for a decent return ne......

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Re: JINS Community

Postby sricap » Fri Feb 23, 2018 3:49 pm

I did a samll anlysis and expertise can correct if i am wrong ....

If you Purchase @ 31
Assuming purchasing and Selling cost 1.5%

Cost of purchase
No shares Price Cost
10,000 31 314,650.0
Monies receive from Repurchase -3/5
6,000 36.7 216,897.00
Balance
4,000 97,753.00
cost of balance shares 24.44

if Re purchasing may not have a cost your profit will further increase

(After Re purchase price -24.44 ) X 4000 will be your profit

-Since Re -purchase price is 36.70 after price surely more that 25
-less no of share available in the market
-Balance shares will be entitle for up coming dividend

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Re: JINS Community

Postby PAT » Fri Feb 23, 2018 4:36 pm

sricap wrote:I did a samll anlysis and expertise can correct if i am wrong ....

If you Purchase @ 31
Assuming purchasing and Selling cost 1.5%

Cost of purchase
No shares Price Cost
10,000 31 314,650.0
Monies receive from Repurchase -3/5
6,000 36.7 216,897.00
Balance
4,000 97,753.00
cost of balance shares 24.44

if Re purchasing may not have a cost your profit will further increase

(After Re purchase price -24.44 ) X 4000 will be your profit

-Since Re -purchase price is 36.70 after price surely more that 25
-less no of share available in the market
-Balance shares will be entitle for up coming dividend


good analysis sricap
regarding fees;
selling / buying will cost you additional 1.12% unless same day buying & selling
if no fee applicable for re-purchase then we can eliminate selling fee 1.12%

agree with you most probably SP will adjust above Rs 25 after repurchase

if not you are at loss....
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Re: JINS Community

Postby sricap » Fri Feb 23, 2018 4:49 pm

Thanks PAT.
What will be their cash per share after considering sell off and re purchse.
It will help us to get an idea about dividend .

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Re: JINS Community

Postby Blue Whale » Fri Feb 23, 2018 6:53 pm

More than six million shares traded. Rather we should tell that more than 6mn shares were sold by the investors who sat on the huge pile of unrealized profits. So now what are you expecting in the next week. Will you think that you can buy this stock @ 25/- or the share will find its destination @ 35/- :-?
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Re: JINS Community

Postby ruwa » Fri Feb 23, 2018 7:16 pm

I'll be praying for the latter case I.e. chance to buy @ 25/- but I anticipate it to have a run @ 35/- by Tuesday

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Re: JINS Community

Postby Blue Whale » Fri Feb 23, 2018 8:10 pm

sricap wrote:I did a samll anlysis and expertise can correct if i am wrong ....

If you Purchase @ 31
Assuming purchasing and Selling cost 1.5%

Cost of purchase
No shares Price Cost
10,000 31 314,650.0
Monies receive from Repurchase -3/5
6,000 36.7 216,897.00
Balance
4,000 97,753.00
cost of balance shares 24.44

if Re purchasing may not have a cost your profit will further increase

(After Re purchase price -24.44 ) X 4000 will be your profit

-Since Re -purchase price is 36.70 after price surely more that 25
-less no of share available in the market
-Balance shares will be entitle for up coming dividend

You are almost there.
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Re: JINS Community

Postby Blue Whale » Fri Feb 23, 2018 9:18 pm

The JINS share repurchase conditions says Entitlement date as 28the February. What does that actually mean. Is that mean the share repurchase quantity for each shareholder is deciding based on the shares held as at 28th February. In other words if a shareholder has 5000 shares as at 28th February then he is entitled to sell 3000 shares back to Janashakthi Insurance. Am I correct guys?

If that is the case then that particular shareholder should be able to sell the balance 2000 shares after 28th February say on 1st March and keep the 3000 shares till the company sending the letters.

Am I making the right statement :-?
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Re: JINS Community

Postby Fair investor » Fri Feb 23, 2018 9:44 pm

Of course you are right...

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Re: JINS Community

Postby Fair investor » Fri Feb 23, 2018 9:45 pm

Question is after 28th Feb what will be the share price of JINS in the market ?

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Re: JINS Community

Postby iF1985 JUNIOR » Sat Feb 24, 2018 12:46 am

Blue Whale wrote:Thanks ruwa. As long as someone getting a good use of these I am thrilled to provide more. JINS was a stock I highly recommended when it was trading around 16/-. But later on they had dismal quarters of performance which worried me more and more. However at the end they have delivered more than required by another means. Great to watch the show and great to had early tickets for the show as well :ymhug:

Special thank goes to my friend If 1985 for pointing out this one to me ^:)^



:D Thanks BW I still remember how he pushed you & got your analysis done on behalf of TEC members thought he does his own analysis when ever he invest specially in CSE. What a Return on investment he used to have one or two . That's why everyone calls him NASHTY investor.
Congrats Guys enjoy the party....
"When a person with money meets a person with experience, the one with experience ends up with the money and the one with the money leaves with experience" :-!

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Re: JINS Community

Postby Blue Whale » Sat Feb 24, 2018 6:41 am

iF1985 JUNIOR wrote:
Blue Whale wrote:Thanks ruwa. As long as someone getting a good use of these I am thrilled to provide more. JINS was a stock I highly recommended when it was trading around 16/-. But later on they had dismal quarters of performance which worried me more and more. However at the end they have delivered more than required by another means. Great to watch the show and great to had early tickets for the show as well :ymhug:

Special thank goes to my friend If 1985 for pointing out this one to me ^:)^



:D Thanks BW I still remember how he pushed you & got your analysis done on behalf of TEC members thought he does his own analysis when ever he invest specially in CSE. What a Return on investment he used to have one or two . That's why everyone calls him NASHTY investor.
Congrats Guys enjoy the party....


So now we have If1985 Junior also. Good Good. තාත්තට පොඩ්ඩක් කතා කතා කලානම් මේ පැත්තට.... :))
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Re: JINS Community

Postby Blue Whale » Sat Feb 24, 2018 6:49 am

Fair investor wrote:Of course you are right...


Ok then announcement says the proposed day of opening of the offer as 8th March. Is this means the shareholder can trade his balance till 8th March is it :-?

If I summaries suppose shareholder has 5000 shares as at 28th February and according to the conditions of the offer he is entitled to sell back 3000 shares to the company starting from 8th March. In the meantime from 1st of March till 7th of March he can sell as well as buyback his entire 5000 shares in the market, basically trade on. Then he must have 3000 shares at the end by 8th of March to sell back to the company.

Am I making the right statement :-?
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Re: JINS Community

Postby Blue Whale » Sat Feb 24, 2018 2:45 pm

No comments received yet. Therefore I am going with the basis that you can buy and calculate the amount of shares you want to sell to JINS and the balance you sell afterwards.

Calculation 1 is to establish the likely price level @ which JINS will be stabilizing based on the PBV ratio as at 30th September 17.

JINS Indicative Price.jpg


The below table depicts the net profit or loss you can record when buying before 28th of February and selling the excess on 1st March or afterwards.

JINS Trading Table Till Completion of The Buy Back.jpg


Buying price = purchase price on or before 28th February
Market price = selling price on or after 1st March

Yellow highlighted area is the likely combination of buying and selling prices. Red highlighted text denotes negative returns while green highlighted text denotes positive returns.
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Re: JINS Community

Postby Blue Whale » Sat Feb 24, 2018 3:04 pm

One good strategy would be to sell the quantity you have either @ 30 or 29 after 28th February if the price looks in to a downward trend and buy back the entitlement around 26/- before 8th March. Price won't go beyond 25/- in the short term.
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