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Insurance Counters at NSE - Valuation & recommendation
the deal
#61 Posted : Thursday, March 21, 2013 8:25:39 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
UAP, APA, Heritage (Liberty) and Jubilee are the guys who do Political risk ad lib.
hisah
#62 Posted : Thursday, March 21, 2013 8:47:42 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
SittingPretty wrote:
Someone tell me, while BTAK and CFCI seem to be weathering the Petition storm, CIC does not seem to be replicating! Is there something I dont know????

CIC has rallied from 3.05 to 5.60. That's almost 100% in 4 months. It has rallied the most of all the insurance stocks after pan african, which is being acquired.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
kazee
#63 Posted : Thursday, March 21, 2013 10:00:51 PM
Rank: Member

Joined: 9/18/2006
Posts: 131
hisah wrote:
SittingPretty wrote:
Someone tell me, while BTAK and CFCI seem to be weathering the Petition storm, CIC does not seem to be replicating! Is there something I dont know????

CIC has rallied from 3.05 to 5.60. That's almost 100% in 4 months. It has rallied the most of all the insurance stocks after pan african, which is being acquired.



Are the south Africans still buying panAfrica shares from the market? The volumes traded on that counter nowadays are at an all time low.
guru267
#64 Posted : Friday, March 22, 2013 12:14:25 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
UAP, APA, Heritage (Liberty) and Jubilee are the guys who do Political risk ad lib.


Don't forget Kenya Re!!!
Mark 12:29
Deuteronomy 4:16
hisah
#65 Posted : Friday, March 22, 2013 9:58:15 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
kazee wrote:
hisah wrote:
SittingPretty wrote:
Someone tell me, while BTAK and CFCI seem to be weathering the Petition storm, CIC does not seem to be replicating! Is there something I dont know????

CIC has rallied from 3.05 to 5.60. That's almost 100% in 4 months. It has rallied the most of all the insurance stocks after pan african, which is being acquired.



Are the south Africans still buying panAfrica shares from the market? The volumes traded on that counter nowadays are at an all time low.

I'm not sure if Sanlam are done with the buying. Thin volumes could mean that the available float is drying up.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mwekez@ji
#66 Posted : Friday, March 22, 2013 11:00:51 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
guru267 wrote:
the deal wrote:
UAP, APA, Heritage (Liberty) and Jubilee are the guys who do Political risk ad lib.


Don't forget Kenya Re!!!


... add CIC to that list.

The BIG Q remains, who among all these garnered prime quota of the political risk covers¿
mwekez@ji
#67 Posted : Friday, March 22, 2013 11:16:10 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
hisah wrote:
kazee wrote:
hisah wrote:
SittingPretty wrote:
Someone tell me, while BTAK and CFCI seem to be weathering the Petition storm, CIC does not seem to be replicating! Is there something I dont know????

CIC has rallied from 3.05 to 5.60. That's almost 100% in 4 months. It has rallied the most of all the insurance stocks after pan african, which is being acquired.



Are the south Africans still buying panAfrica shares from the market? The volumes traded on that counter nowadays are at an all time low.

I'm not sure if Sanlam are done with the buying. Thin volumes could mean that the available float is drying up.


The last time i read about this, link, sanlam had managed to buy only 5.6% from the market and therefore needed 4.4% more to hit their target. This, together with good valuation of the company, should drive the share towards the sib valuation of KES 75
mwekez@ji
#68 Posted : Friday, March 22, 2013 7:49:46 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mwekez@ji wrote:
@msimon, calling for your view on the political risk covers vis-à-vis our listed insurance companies

murchr
#69 Posted : Wednesday, April 03, 2013 5:33:46 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
So when are the rest releasing their results?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
guru267
#70 Posted : Thursday, April 04, 2013 12:19:19 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
murchr wrote:
So when are the rest releasing their results?


Kenya released last year on 25th April and Jubilee on 4th April!
Mark 12:29
Deuteronomy 4:16
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