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Author Topic: IGIIL -- IGI Insurance ltd  (Read 149356 times)

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Offline asim.786

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Re: IGIIL -- IGI Insurance ltd
« Reply #459 on: December 04, 2014, 08:26:52 PM »
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Re: IGIIL -- IGI Insurance ltd
« Reply #459 on: December 04, 2014, 08:26:52 PM »

Offline asim.786

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Re: IGIIL -- IGI Insurance ltd
« Reply #460 on: December 25, 2014, 02:24:37 AM »
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Offline Salammembers

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Re: IGIIL -- IGI Insurance ltd
« Reply #461 on: December 25, 2014, 03:12:15 PM »
Sell on strength  :confused1:
more selling Pressure expected below 243 :skeptic:
not safe unless stays above 252.50/253 :bigeyed:
race for 280 to begin above 262 :thumbsup_anim:
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Offline asim.786

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Re: IGIIL -- IGI Insurance ltd
« Reply #462 on: December 30, 2014, 03:58:15 PM »
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Offline RSI Fan

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Re: IGIIL -- IGI Insurance ltd
« Reply #463 on: December 30, 2014, 04:10:34 PM »
Quote from: Salammembers on December 25, 2014, 03:12:15 PM
Sell on strength  :confused1:
more selling Pressure expected below 243 :skeptic:
not safe unless stays above 252.50/253 :bigeyed:
race for 280 to begin above 262 :thumbsup_anim:

chitt bhi meri putt bhi meri  :laugh:
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Offline arshi

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Re: IGIIL -- IGI Insurance ltd
« Reply #464 on: December 30, 2014, 06:27:21 PM »
asim bhi, its moving in a zig-zag manner, should i book profit near 280-285 and then re-enter around 262-270, or just hold it
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Offline Dr. Economist

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Re: IGIIL -- IGI Insurance ltd
« Reply #465 on: January 01, 2015, 06:19:12 PM »
Still looks cheap  :thumbsup_anim:
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Offline asim.786

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Re: IGIIL -- IGI Insurance ltd
« Reply #466 on: January 01, 2015, 10:58:06 PM »
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Offline Sharoze123

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Re: IGIIL -- IGI Insurance ltd
« Reply #467 on: January 02, 2015, 02:15:53 AM »
Quote from: Dr. Economist on January 01, 2015, 06:19:12 PM
Still looks cheap  :thumbsup_anim:

An accurate diagnosis Doc   :D
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Client asks "So, what's two plus two?". Replies the cooperative accountant" Well, what number did you have in mind?"

ISL-SHEL-HUMNL-DSL-GHNL-SEARLE-CHCC-HCAR-ASL

Offline Irfankhan

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Re: IGIIL -- IGI Insurance ltd
« Reply #468 on: January 02, 2015, 06:11:25 AM »
Quote from: Sharoze123 on January 02, 2015, 02:15:53 AM
Quote from: Dr. Economist on January 01, 2015, 06:19:12 PM
Still looks cheap  :thumbsup_anim:

An accurate diagnosis Doc   :D
I bought some at around 250  = Sharoze / Asim Bhai any TP for June 15.

Is it a Long term item? I entered in this for capital gain and it seems some good pfolio is there.

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Offline farukh

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Re: IGIIL -- IGI Insurance ltd
« Reply #469 on: January 02, 2015, 08:11:50 PM »
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Offline Dr. Economist

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Re: IGIIL -- IGI Insurance ltd
« Reply #470 on: January 03, 2015, 11:54:35 AM »
Quote from: asim.786 on January 01, 2015, 10:58:06 PM
Quote from: asim.786 on December 30, 2014, 03:58:15 PM
Quote from: asim.786 on December 25, 2014, 02:24:37 AM
http://www.kse.com.pk/notices-updates/detail2.php?0.7280318480916321&id=4&nid=060999

Chairman's wife bought 27000 shares @252 Rs  :biggthumpup:

280 inshallah
n
hit target but not sold
300 lao ub

Asim sahab, revaluation agar ho gai iski tau phir ye tau kisi k hath nai ana  :good
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Offline asim.786

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Re: IGIIL -- IGI Insurance ltd
« Reply #471 on: January 03, 2015, 12:09:00 PM »
Quote from: Dr. Economist on January 03, 2015, 11:54:35 AM
Quote from: asim.786 on January 01, 2015, 10:58:06 PM
Quote from: asim.786 on December 30, 2014, 03:58:15 PM
Quote from: asim.786 on December 25, 2014, 02:24:37 AM
http://www.kse.com.pk/notices-updates/detail2.php?0.7280318480916321&id=4&nid=060999

Chairman's wife bought 27000 shares @252 Rs  :biggthumpup:

280 inshallah
n
hit target but not sold
300 lao ub

Asim sahab, revaluation agar ho gai iski tau phir ye tau kisi k hath nai ana  :good
bro what news of revaluation ?
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Offline Dr. Economist

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Re: IGIIL -- IGI Insurance ltd
« Reply #472 on: January 03, 2015, 04:54:36 PM »
Quote from: asim.786 on January 03, 2015, 12:09:00 PM
Quote from: Dr. Economist on January 03, 2015, 11:54:35 AM
Quote from: asim.786 on January 01, 2015, 10:58:06 PM
Quote from: asim.786 on December 30, 2014, 03:58:15 PM
Quote from: asim.786 on December 25, 2014, 02:24:37 AM
http://www.kse.com.pk/notices-updates/detail2.php?0.7280318480916321&id=4&nid=060999

Chairman's wife bought 27000 shares @252 Rs  :biggthumpup:

280 inshallah
n
hit target but not sold
300 lao ub

Asim sahab, revaluation agar ho gai iski tau phir ye tau kisi k hath nai ana  :good
bro what news of revaluation ?

Ifrs 9 rule of Revaluing the investments jo k effective ho chuka h jan 2015 se.
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Offline Dr. Economist

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Re: IGIIL -- IGI Insurance ltd
« Reply #473 on: January 03, 2015, 04:57:24 PM »
Quote from: Dr. Economist on January 03, 2015, 04:54:36 PM
Quote from: asim.786 on January 03, 2015, 12:09:00 PM
Quote from: Dr. Economist on January 03, 2015, 11:54:35 AM
Quote from: asim.786 on January 01, 2015, 10:58:06 PM
Quote from: asim.786 on December 30, 2014, 03:58:15 PM
Quote from: asim.786 on December 25, 2014, 02:24:37 AM
http://www.kse.com.pk/notices-updates/detail2.php?0.7280318480916321&id=4&nid=060999

Chairman's wife bought 27000 shares @252 Rs  :biggthumpup:

280 inshallah
n
hit target but not sold
300 lao ub

Asim sahab, revaluation agar ho gai iski tau phir ye tau kisi k hath nai ana  :good
bro what news of revaluation ?

Ifrs 9 rule of Revaluing the investments jo k effective ho chuka h jan 2015 se.

Asim, SBM and Sharoze! Do look into this matter of IFRS 9.
« Last Edit: January 03, 2015, 05:00:14 PM by Dr. Economist »
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Offline Sharoze123

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Re: IGIIL -- IGI Insurance ltd
« Reply #474 on: January 03, 2015, 05:37:49 PM »
Quote from: Dr. Economist on January 03, 2015, 04:57:24 PM
Quote from: Dr. Economist on January 03, 2015, 04:54:36 PM
Quote from: asim.786 on January 03, 2015, 12:09:00 PM
Quote from: Dr. Economist on January 03, 2015, 11:54:35 AM
Quote from: asim.786 on January 01, 2015, 10:58:06 PM
Quote from: asim.786 on December 30, 2014, 03:58:15 PM
Quote from: asim.786 on December 25, 2014, 02:24:37 AM
http://www.kse.com.pk/notices-updates/detail2.php?0.7280318480916321&id=4&nid=060999

Chairman's wife bought 27000 shares @252 Rs  :biggthumpup:

280 inshallah
n
hit target but not sold
300 lao ub

Asim sahab, revaluation agar ho gai iski tau phir ye tau kisi k hath nai ana  :good
bro what news of revaluation ?

Ifrs 9 rule of Revaluing the investments jo k effective ho chuka h jan 2015 se.

Asim, SBM and Sharoze! Do look into this matter of IFRS 9.
I think I posted details of Pakistan's insurance sector accounting Policies on EFUG forum .
 Accounting of financial assets, like investments, for insurance companies was amended post 2008 crash I think. They don't follow IFRS completely and record investments on lower of either cost or market value. Revaluation mushkil hai until or unless SECP molds their policies back in line with International Accounting standards.
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The column of truth has holes in it.

Client asks "So, what's two plus two?". Replies the cooperative accountant" Well, what number did you have in mind?"

ISL-SHEL-HUMNL-DSL-GHNL-SEARLE-CHCC-HCAR-ASL

Offline Abdul Qadir

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Re: IGIIL -- IGI Insurance ltd
« Reply #475 on: January 03, 2015, 06:40:40 PM »
IFRS 9 Compulsory application date is January 2018 , so no need to get over exited.... :biggthumpup:
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Offline Sharoze123

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Re: IGIIL -- IGI Insurance ltd
« Reply #476 on: January 03, 2015, 06:46:45 PM »
Quote from: Abdul Qadir on January 03, 2015, 06:40:40 PM
IFRS 9 Compulsory application date is January 2018 , so no need to get over exited.... :biggthumpup:

Yep.
But even under current IFRS/IAS investments are supposed to be carried at fair values, it's just the SECP that's changed the rules.
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The column of truth has holes in it.

Client asks "So, what's two plus two?". Replies the cooperative accountant" Well, what number did you have in mind?"

ISL-SHEL-HUMNL-DSL-GHNL-SEARLE-CHCC-HCAR-ASL

Offline Dr. Economist

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Re: IGIIL -- IGI Insurance ltd
« Reply #477 on: January 03, 2015, 07:47:15 PM »
Quote from: Abdul Qadir on January 03, 2015, 06:40:40 PM
IFRS 9 Compulsory application date is January 2018 , so no need to get over exited.... :biggthumpup:

Welcome Sir Welcome  :thanks:
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Offline th3.inv3stor

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Re: IGIIL -- IGI Insurance ltd
« Reply #478 on: January 03, 2015, 08:48:30 PM »
Quote from: Dr. Economist on January 03, 2015, 07:47:15 PM
Quote from: Abdul Qadir on January 03, 2015, 06:40:40 PM
IFRS 9 Compulsory application date is January 2018 , so no need to get over exited.... :biggthumpup:

Welcome Sir Welcome  :thanks:

WO aye forum pe khuda ki qudrat he, kabhi hum unhein kabhi forum ko dekhte hein :) the real  champ
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