Investing In Nigerian Insurance Stocks

i think the insurance sector has great growth potential especially in the light of the consolidation exercise which mirrors that of the banking sector.

I'l like 2 add 2 that as im in d insurance market. You can invest in insurance companies that would or ave recapitalized. Most of them would b owned by banks so its a good investment in the long run (and i mean long run).

Insurance company in Nigeria just rounded up with recapitalization, before this event few of them are the ones in the stock that are doing relatively good, be patient with the recapitalization to upturn their investment.

I think mutual benefit is trying, i bought the shares at the end of march for 1.81k and as at yesterday it was going for 5.35, i think thats good enof, it rises every other day and its still going to improve. watch out

Investing in insurance stock is a good investment. The price of insurance stocks have been appreciating since recapitalisation exercise and will encourage members to invest now.

i learnt this reinsurance company, continental reinsurance plc got listed about two weeks ago at 1.26k and as at yesterday its 2.08k

excel 12 are u sure guinea insurance is available on the floor of NSE because i requested for it but wasnt available.please let me know how u got urs,am interestedin buying that stock.

please also include how i can get lasaco and continental reinsurance plc shares to my box : brai4_real@yahoo.com

excel 12, let me know if Guinea Insurance stock is still available. I ve been looking for it. My number is  08052146342. I also need Custodian and Continental Reinsurance stocks. These are good stocks. Thanks. My email add is: cyonujemen@yahoo.co.uk

wait a minute peeps. i thought i heard that guinea insurance is one of the insurance stocks that has a problem with its recapitalization. that was why the NAICOM boss even got sacked. anyway i heard that the list of all the insurance coys that are free from any scandal will be published end of this month. please let me know if theres any info contrary to what i have

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Thanks, but the EPS and PE posted on NSE site are Trailing EPS or PE.
Because of the fast growth rate in the insurance industry what we need to determine a comfortable value for LASACO's is the Forcast EPS not the trailing EPS or PE. It can also be calculated from a recent audited or unaudited quaterly result. Do you have any of these? They are not on NSE site.

oK, l now understand the difference.  l don't have it.  l just hope l never made a buying mistake.  will be glad to have the analysis if you get the needed info.
thx.

teena, The latest financial report for the company on that link is 2001. It can't be used to get the forecast EPS.