wazua Mon, Mar 30, 2026
Welcome Guest Search | Active Topics | Log In

5 Pages«<2345>
Jubilee Insurance 1H 2011 EPS up 19%, Interim Dividend Sh1
VituVingiSana
#31 Posted : Thursday, August 04, 2011 1:56:18 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
@guru - 45/-? I think that's a little too ambitious! Not that I would not mind it!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
young
#32 Posted : Thursday, August 04, 2011 5:17:19 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
JUB with 45 bob eps ?

It is a wild dream.

It is easier for VVS to win election as Kenya President in 2012/2013 than JUB to return 45 bob eps in 2011.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
guru267
#33 Posted : Friday, August 05, 2011 8:00:34 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
@Guru I stick by my analysis...i'm just telling it the way it is...clearly you don't know anything about insurance...or analysing an insurance company for that matter...an EPS of Sh45 is a pipe dream...we can bet..


@the deal be my guest.. Full year EPS for 2010 was 33.7 and so an EPS of 45 in 2011 will be a modest gain of 33%..
thats even less than the growth of 35% they posted yesterday...

If it were not for the performance of the NSE i would have expected an EPS of 60.. But I'll happily take 45bob in this environment

In 2010 Half year results were up 69% and the full year results were up 84% and the same trend maintained year after year come recession or boom... What makes 2011 different

Its very sad that the chairman and the auditors all recognise the SUPERB underwriting profits that the company makes both in the statements and the numerous awards they win year after year because the all knowing @the deal thinks that they made an underwriting loss and we all must listen to him rather than those i the know Sad

Mark 12:29
Deuteronomy 4:16
muganda
#34 Posted : Friday, August 05, 2011 9:08:46 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Hmmn @guru267 thunderous entry... Madame welcome to the Jubilee party smile

Audacious sentiments on Jubilee's FY 2011 EPS, but you may just be proven right all things held constant, but the jury is out.

EPS reported
2008 FY:HY came in at 14.14 v/s 5.34 (2.6 times)
2009 FY:HY came in at 18.33/5.38 (3.4 times)
2010 FY:HY was at 37/8.02 or (4.6 times)

2011 FY:HY targeting at 45/9.58 (4.6 times)
the deal
#35 Posted : Friday, August 05, 2011 9:22:36 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@Guru my advise to you is go back to school and learn some basic accrual accounting...for now you are just a dreamer...Jub EPS of Sh45 is a pipe dream...
guru267
#36 Posted : Friday, August 05, 2011 9:53:41 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
@Guru my advise to you is go back to school and learn some basic accrual accounting...for now you are just a dreamer...Jub EPS of Sh45 is a pipe dream...


I will go back to school for "basic accrual accounting" as you suggest.... But I'll only do that if Jubilee's auditors, chairman and C.F.O come with me because all I do is quote their statements word for word...

They are the ones that stated the 35% growth in EPS and the UNDERWRITING PROFITS... Those weren't my words but theirs but since I belive them I ought to go back to school for more accounting also smile
Mark 12:29
Deuteronomy 4:16
guru267
#37 Posted : Friday, August 05, 2011 9:55:13 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
muganda wrote:
Hmmn @guru267 thunderous entry... Madame welcome to the Jubilee party smile

Audacious sentiments on Jubilee's FY 2011 EPS, but you may just be proven right all things held constant, but the jury is out.

EPS reported
2008 FY:HY came in at 14.14 v/s 5.34 (2.6 times)
2009 FY:HY came in at 18.33/5.38 (3.4 times)
2010 FY:HY was at 37/8.02 or (4.6 times)

2011 FY:HY targeting at 45/9.58 (4.6 times)


@muganda I hope this becomes an eye opener for thoe in doubt of Jubileee's skill and prowess..

45bob here we come!!
Mark 12:29
Deuteronomy 4:16
Gordon Gekko
#38 Posted : Friday, August 05, 2011 10:04:22 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
the deal wrote:
@Guru my advise to you is go back to school and learn some basic accrual accounting...for now you are just a dreamer...Jub EPS of Sh45 is a pipe dream...


Happened across a tweet by one D**** M***. Is it you??smile
the deal
#39 Posted : Friday, August 05, 2011 10:34:44 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Gordon Gekko wrote:
the deal wrote:
@Guru my advise to you is go back to school and learn some basic accrual accounting...for now you are just a dreamer...Jub EPS of Sh45 is a pipe dream...


Happened across a tweet by one D**** M***. Is it you??smile

Just follow the guy if u like what he tweets...no idea who he issmile
guru267
#40 Posted : Friday, August 05, 2011 2:06:50 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
here's my analysis on the exemplary half year results of jubilee:

1. Underwriting profits: Up 31% to 523million
2. EPS: Up 35% from 7.4 to 9.58
3. Short term business premiums: Up 47% to 5.9 billion
4. Long term business premiums: Up 24% to 2billion
5. Investment income: up 36% to 984 million
6. Client base: over 300,000 customers for insurance
7. Planned investment in expansion by 2012: 4billion.

Please do not be mislead by bloggers
Mark 12:29
Deuteronomy 4:16
5 Pages«<2345>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.