Joined: 06/Feb/2009
Location: India
Online Status: Offline
Posts: 1868
Posted: 22/Nov/2009 at 2:46pm
yeah there are instances all over..i would suggest you to look at a product "Max Vijay" this is an outstanding innovation in Universal insurance.. it is picking up in the market. Max has got best sales force.. Bajaj Finserv may not be the best way to play Bajaj Allianz as Allianz might raise stake without benefiting Bajaj Finserv much.. whereas New York will raise stake at 10% discount to fair value benefiting Max India which can deploy in Healthcare business.. you can consider it once Bajaj Allianz comes out with IPO.. this is my opinion
‘The market always does what it’s supposed to — BUT NEVER WHEN’.
With the growing economy and stressed schedules, lifestyle-related and
other diseases are on the rise. This along with rising population calls
for better healthcare and insurance facilities. Max India Ltd is poised
to benefit from the growth in these sectors......
Insurance space has been sleeping for a while since the market is busy concentrating on high ROE and free cash flow stocks
just would like to remind TEDies that there is a probability (however small) that some insurance companies might ready themselves for an IPO in 2011-12
such a news could trigger a mini rally in so called insurance stocks
HDFC CEO mentioned that HDFC insurance IPO will happen in 2012 and some valution exercise has shown that value is much higher that what market has been attaching it. This may be big trigger for companies like MAX which appears to be best play in this sector.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
