How to get Multicombo Selecting item as Parementer in Direct Event...not selecting items..only selecting item..

 <ext:MultiCombo ID="MultiComboInsuranceComp" runat="server" FieldLabel="Select Insurance Company"
          MsgTarget="Side" SelectionMode="All" DisplayField="InsuranceCompanyName" AllowBlank="false"
          IndicatorText="*" IndicatorCls="red-text" ValueField="ID" TriggerAction="All"
          QueryMode="Local" EmptyText="Select Insurance Company">
           <Listeners>
           <Select Handler="App.direct.ShowSelect(alert(this.value));" />
          </Listeners>
            <Store>
                  <ext:Store ID="StoreInsuranceCompany" runat="server" OnReadData="BindInsuranceCompany">
                         <Model>
                                 <ext:Model ID="Model1" runat="server" IDProperty="ID">
                                     <Fields>
                                            <ext:ModelField Name="ID" Type="String" Mapping="ID" />
                                                    <ext:ModelField Name="InsuranceCompanyName" Type="String" Mapping="InsuranceCompanyName" />
                                       </Fields>
                                </ext:Model>
                          </Model>
                   </ext:Store>
             </Store>
    </ext:MultiCombo>