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Pan Africa Insurance FY2010 results; Profits Surges 4 folds, raises dividend to 3 bob
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the deal
#1 Posted : Wednesday, March 16, 2011 8:14:09 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
http://af.reuters.com/ar...s/idAFLDE72E2BN20110315

The unit of South Africa Insurance giant Sanlam leads the way.
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  | | Edit by moderator: Wednesday, March 16, 2011 9:44 AM | Reason: title optimised for search
Gordon Gekko
#2 Posted : Wednesday, March 16, 2011 8:18:48 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Ouch!!!! Bonus 1:1, Dividend 3/-. I kept the faith, its payback time....

BTW, I believe I called it right, read post #33

http://wazua.co.ke/forum...osts&t=8215&p=2

I drink Tusker.
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  | | Edit by user: Wednesday, March 16, 2011 10:02 AM | Reason: Not specified
JabaBoeku
#3 Posted : Wednesday, March 16, 2011 10:32:50 AM
Rank: Member

Joined: 4/28/2008
Posts: 53
Very impressive results! Impressive.
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Papa Investor
#4 Posted : Wednesday, March 16, 2011 11:05:19 AM
Rank: New-farer

Joined: 6/3/2010
Posts: 96
Gordon Gekko wrote:
Ouch!!!! Bonus 1:1, Dividend 3/-. I kept the faith, its payback time....

BTW, I believe I called it right, read post #33

http://wazua.co.ke/forum...osts&t=8215&p=2

I drink Tusker.



well done.....to make it big on one of those lowe profile stocksApplause Applause Applause Applause
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mwanahisa
#5 Posted : Wednesday, March 16, 2011 11:34:56 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
Great results. I wonder how much of it is actually realized gains on their investments in the stock market and how much of it is due to their real estate development in Runda.
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Cde Monomotapa
#6 Posted : Wednesday, March 16, 2011 12:02:01 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Great results, good div, good bonus. Wow! Early Xmas to the shareholders! Kudos!!
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vestor
#7 Posted : Wednesday, March 16, 2011 12:12:50 PM
Rank: Member

Joined: 11/9/2010
Posts: 132
If only I was in earlier
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mwanahisa
#8 Posted : Wednesday, March 16, 2011 12:14:48 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
I am loving this. GG, I am sure you are loving it even more as you seem to be one of the big kahunas on this stock.
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kasheshe
#9 Posted : Wednesday, March 16, 2011 12:21:11 PM
Rank: New-farer

Joined: 8/6/2010
Posts: 26
Some of us ignored this counter and now are only watching from the sidelines. Hopefully Jubilee does something similar. Shame on me I have no Panafric.
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2012
#10 Posted : Wednesday, March 16, 2011 3:06:03 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
23% up!!!

Clearly the tide has turned. This after most Financials going South despite better than expected performances is quite a surprise.

BBI will solve it :)
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  | | Edit by user: Wednesday, March 16, 2011 3:07 PM | Reason: Not specified
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