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kenya Re FY 2010 Results
selah
#31 Posted : Thursday, April 21, 2011 2:55:34 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
I guess those who were hyping this share have learnt a very good lesson, Govt controlled institutions tend to disappoint most of the time.

KenyaRE will only excite once they put a competent board and MD through an open and competitive process, govt appointees are in most cases Useless.

IMHO.

'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
Renegade
#32 Posted : Thursday, April 21, 2011 3:11:16 PM
Rank: Member

Joined: 4/18/2009
Posts: 118
selah wrote:
I guess those who were hyping this share have learnt a very good lesson, Govt controlled institutions tend to disappoint most of the time.

KenyaRE will only excite once they put a competent board and MD through an open and competitive process, govt appointees are in most cases Useless.

IMHO.


Guilty as charged. These b*****s have left a very bitter taste with their actions. Divorced it this morning.
stock.enigma
#33 Posted : Thursday, April 21, 2011 4:42:06 PM
Rank: Member

Joined: 8/14/2009
Posts: 244
What do they plan to do the money with. There is ove ksh 6b. in retained earnings.
guru267
#34 Posted : Thursday, April 21, 2011 8:18:25 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
I think they plan to use it 4 expansion but they will probably end up over payin for companies if they go the M&A route..
Mark 12:29
Deuteronomy 4:16
TUPAC
#35 Posted : Thursday, April 21, 2011 8:21:07 PM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
guru267 wrote:
I think they plan to use it 4 expansion but they will probably end up over payin for companies if they go the M&A route..

@guru where have you been? your jubelee did wonders!
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
guru267
#36 Posted : Thursday, April 21, 2011 9:01:40 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
TUPAC wrote:
guru267 wrote:
I think they plan to use it 4 expansion but they will probably end up over payin for companies if they go the M&A route..

@guru where have you been? your jubelee did wonders!


@TUPAC i've been out of action but i'm back with a bang... smile

About jubilee, i'm in it for the very long term so its price movement doesnt matter...

I'm waitin for some of my other short term plays...
Mark 12:29
Deuteronomy 4:16
jerry
#37 Posted : Thursday, April 21, 2011 10:20:59 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Renegade wrote:
selah wrote:
I guess those who were hyping this share have learnt a very good lesson, Govt controlled institutions tend to disappoint most of the time.

KenyaRE will only excite once they put a competent board and MD through an open and competitive process, govt appointees are in most cases Useless.

IMHO.


Guilty as charged. These b*****s have left a very bitter taste with their actions. Divorced it this morning.

>>I'm glad my recent order @9.80 didn't go through. Thinking about alternatives now.
The opposite of courage is not cowardice, it's conformity.
QW25071985
#38 Posted : Thursday, April 21, 2011 10:40:11 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Unga now Kenya-re then ????....wazua hype masters shld be gettin a real beating now.

i doubt even a contrarian can toush this stock...And if you kenya-re stockholders manage to eat mbuzi carry a camera and bring back some nice Kodak moments for us all.... Laughing out loudly Laughing out loudly Laughing out loudly
VituVingiSana
#39 Posted : Thursday, April 21, 2011 11:27:06 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
the deal wrote:
Corruption has robbed us of a good dividend and capital gains...i hope the crooks who sold Kenya Re public land face justice.
LOL... Nothing will happen to the crooks! See KPC & ruto...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#40 Posted : Thursday, April 21, 2011 11:33:34 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
QW25071985 wrote:
Unga now Kenya-re then ????....wazua hype masters shld be gettin a real beating now.

i doubt even a contrarian can toush this stock...And if you kenya-re stockholders manage to eat mbuzi carry a camera and bring back some nice Kodak moments for us all.... Laughing out loudly Laughing out loudly Laughing out loudly


@qw I see you're still as loud as ever... smile
Mark 12:29
Deuteronomy 4:16
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