wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

26 Pages«<1112131415>»
Insurance Counters at NSE - Valuation & recommendation
Options
Previous Topic · Next Topic
hisah
#121 Posted : Wednesday, August 14, 2013 8:13:19 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Metasploit wrote:
Quote:
Metasploit wrote:
Britam has been trading sideways for tooo long and today a spike(relative to past volumes) of 2M shares ahead of H1 announcement.This will either break up or down

Cartonists shade more light


@Hisah whats your view on Britam ?

100M shares traded back in May 2013 with VWAP around 8.30. Weeks later the price dipped to 7.50 and has steady reclaimed 8/- but moving sideways. Hard to make a call for now until trend becomes clear. Below 7.50, the trend is bearish while above 8.70 - 9 range confirms bullish resumption.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
mibbz
#122 Posted : Wednesday, August 14, 2013 11:44:33 PM
Rank: Member

Joined: 2/18/2011
Posts: 448
murchr wrote:
muganda wrote:
murchr wrote:
Jubilee Net Profit - Ksh 882M
Gross Premiums +1.1B
Gross Revenue +13% to - Ksh11.94B

Kenya RE PAT - 1.19B
Gross Premiums +20% - 4B
Inv income - 1.2B
OP exp +34% - 513M
Tax +50%

Pan Africa
Profit - 800m
Anyone with the numbers pls share, i dont see much from the article apart from selling land.

Pan Africa
Gross premiums down (34%)
Other revenue increase 38%
Gross revenue down (15%)
Profit up 266% primarily due to
--fair value gains on unlisted investment
--1.5b gain fom net change in contract liabilities

https://www.nse.co.ke/listed-com...gs-ltd-half-year-results


Thank you @muganda So why the drum beats for a Pan Africa buy....



i think Sanlam will be looking for a buyout of this counter,numbers are good from other investment income and a good dividend coming up at end of year 2013.....only company with such a HUGE H1 gain in profit and ha such a massive gain in comparison to peers...
Back to top
  |
mwekez@ji
#123 Posted : Friday, August 16, 2013 10:22:27 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Britam has appointed Francis Muthaura as director #Must.Be.A.Move.To.Get.Government.Business
Back to top
  |
Metasploit
#124 Posted : Friday, August 16, 2013 10:40:31 AM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
mwekez@ji wrote:
Britam has appointed Francis Muthaura as director #Must.Be.A.Move.To.Get.Government.Business


They have taken long to announce H1 results!

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Back to top
  |
mwanahisa
#125 Posted : Friday, August 16, 2013 10:57:00 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
I expect BRITAM's results to be satisfactory, although I do not expect earnings growth to be anywhere near as spectacular as PanAfrica Insurance.

POINT TO NOTE: BRITAM'S STAKE IN EQUITY BANK HAS GROWN IN VALUE BY APPROXIMATELY 4 BILLION SHS IN THE LAST 12 MONTHS. I expect about 50% of this to be reported in the P&L under Fair Value Gains on AFS Financial Assets.

Metasploit wrote:
mwekez@ji wrote:
Britam has appointed Francis Muthaura as director #Must.Be.A.Move.To.Get.Government.Business


They have taken long to announce H1 results!
Back to top
  |
dunkang
#126 Posted : Friday, August 16, 2013 11:19:22 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Metasploit wrote:
mwekez@ji wrote:
Britam has appointed Francis Muthaura as director #Must.Be.A.Move.To.Get.Government.Business


They have taken long to announce H1 results!

There is no point in reporting bad news in a hurry! cc: KCB
Receive with simplicity everything that happens to you.” ― Rashi

Back to top
  |
mwanahisa
#127 Posted : Friday, August 16, 2013 11:22:12 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
dunkang wrote:
There is no point in reporting bad news in a hurry! cc: KCB


@dunkang, are you privy to some information like the Exchange Bar patrons?
Back to top
  |
dunkang
#128 Posted : Friday, August 16, 2013 11:33:23 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
mwanahisa wrote:
dunkang wrote:
There is no point in reporting bad news in a hurry! cc: KCB


@dunkang, are you privy to some information like the Exchange Bar patrons?

Not at all! But this delays are telling/worrying and as human beings, we must draw conclusions aka speculate!
Receive with simplicity everything that happens to you.” ― Rashi

Back to top
  |
mwekez@ji
#129 Posted : Friday, August 16, 2013 11:43:01 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
dunkang wrote:
mwanahisa wrote:
dunkang wrote:
There is no point in reporting bad news in a hurry! cc: KCB


@dunkang, are you privy to some information like the Exchange Bar patrons?

Not at all! But this delays are telling/worrying and as human beings, we must draw conclusions aka speculate!


cc: KK cc: @Kausha cc: @VVS
Back to top
  |
mwanahisa
#130 Posted : Friday, August 16, 2013 11:50:04 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
dunkang wrote:
mwanahisa wrote:
dunkang wrote:
There is no point in reporting bad news in a hurry! cc: KCB


@dunkang, are you privy to some information like the Exchange Bar patrons?

Not at all! But this delays are telling/worrying and as human beings, we must draw conclusions aka speculate!


Sawa @dunkang. I understand your apprehension regarding the delay in the results. Nonetheless, there is no reason as far to worry as far as I know. Remember, Britam still has another 2 weeks till the end of the regulatory reporting period on 31st August 2013. Liberty Holdings has also not reported. As far as I can tell, the deal is not losing any sleep over it, notwithstanding his interest in the counter.
Back to top
  |
26 Pages«<1112131415>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.