Whats bad about Kenya Re?

1. Heavy Government influence, the Government of Kenya (GOK) owns about 60% of total number of issued shares thus the Company is exposed to the red tape and inefficiencies associated with government owned entities

2. Well run and efficient reinsurers like Swiss Re are fast encroaching on Kenya Re's turf.

3. Kenya Re is yet to appoint its Chief Executive Officer since the former C.E.O's term expired, this is not good for the Company because every Company needs leadership to drive it forward

4. The mandatory Concessions which where recently extended expires in 2015, it remains to be seen if the Company grow its business without this mandatory Concessions.

Kenya Re as an Investment Case.

1. Net Average Value Ksh 15
2. EPS Ksh 2.20
3. Trailing PE Ksh 4.52

4. Kenya Re has a 25% stake in reinsurer PTA Africa
5. As of 31-12-2009 they had Ksh 2 Billion as an investment in quoted shares, considering the NSE closed as as the best performing market( Up 36% in 2010) alone i expect significant upside on that investment and that will reflect on their books.
6. They have been on an expansion off late entering new markets in West Africa
7. They have a top class property portfolio

Entire article here http://contrarianinvesti...ance-is-undervalued.html

Best of luck, you'll need it if you want to put your money in Kenya Re. Maybe you also diversify a bit to Eveready and AK.. if you are determined to commit suicide, you need more than one noose!

Considering their substancial investment in real estate and the nse, i belief there is a lot of upside potential.

This is the last plane to Loliando...get in or stay out....pump pump pump...LMAO.

Though the market was up around 35 p.c last year, let's just hope that KRE's major holdings don't include Eveready and Olympia. Or a stake in a certain Embakasi Ranching Company