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Insurance Counters at NSE - Valuation & recommendation
mwekez@ji
#131 Posted : Friday, August 16, 2013 12:05:15 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mwekez@ji wrote:
Britam has appointed Francis Muthaura as director #Must.Be.A.Move.To.Get.Government.Business


https://www.nse.co.ke/listed-com...ppointment-of-a-director
hisah
#132 Posted : Tuesday, August 27, 2013 4:25:37 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Negative insurance article, but loaded with rich info. Insurance industry profits less than member's or simba's 2012 PBT shouts the article. Also insurance penetration is a dismal 3% of the population.

http://www.businessdaily...0/-/1hutij/-/index.html

Top 2 premium cake eaters are JHL and CIC then UAP.

The negatives paint a rosy picture of the potentials waiting to happen...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mwekez@ji
#133 Posted : Tuesday, August 27, 2013 9:06:39 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mwekez@ji
#134 Posted : Tuesday, August 27, 2013 1:14:24 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Metasploit
#135 Posted : Tuesday, August 27, 2013 2:05:53 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania


Am getting nervous!Instead of announcing results Britam is coming up with other news!!It reminds me of Centum last year June, with all the rosy news just before the announcement of the 40% drop in profit


“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
mwekez@ji
#136 Posted : Tuesday, September 10, 2013 9:53:25 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mwekez@ji
#137 Posted : Tuesday, September 10, 2013 10:54:19 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mwekez@ji
#138 Posted : Tuesday, September 17, 2013 11:06:18 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Metropolitan in buyout talks with Kenyan insurer

MMI, which is listed on the Johannesburg and Namibia stock exchanges, joins Dimension Data and Massmart as South African companies that have either acquired Kenyan firms or are in discussions to buy strategic stakes.

Dimension Data bought out AccessKenya for Sh3 billion, a deal that was concluded in late August, while Massmart is in talks with Naivas for the possibility of buying a majority stake in the retailer.
murchr
#139 Posted : Wednesday, September 18, 2013 3:57:14 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
mwekez@ji wrote:
Metropolitan in buyout talks with Kenyan insurer

MMI, which is listed on the Johannesburg and Namibia stock exchanges, joins Dimension Data and Massmart as South African companies that have either acquired Kenyan firms or are in discussions to buy strategic stakes.

Dimension Data bought out AccessKenya for Sh3 billion, a deal that was concluded in late August, while Massmart is in talks with Naivas for the possibility of buying a majority stake in the retailer.


Soon Kenyans will own nothing. We're selling at a throw away price.
"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
.
the deal
#140 Posted : Wednesday, September 18, 2013 12:32:15 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
MMI big brand back home...hope they do well in Kenya.
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