Rajesh Sharma
1.
Yes, Crest ji, for long, I have the opinion that growth in insurance is
a mix of natural reasons and doctored ones. Hence, this sector, I have
been believing vulnerable. Some weeks ago, I had written a post
mentioning that the investment managers in BFIs may be involved in
sponsored buying and NRB should investigate in this matter. I have no
reliable source to conform the Bizmandu news but if it true, there could
be major correction in insurance sector and BFIs would suffer
tremendously. I think only a tiny fraction of insurance shares belong
to ordinary share holders. 2. I am not sure if LBL is a blue chip
company. Two years back, I had done a small study and it appeared within
12 safe and secure companies. I will repeat this exercise soon and see
if it stands there. For your information, I am always critical of LBL
management. This man Khetan may do any wrong with LBL for his benefit.
Even being critical of Khetan, I own a small quantity of LBL shares and
it has been ok till now.
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