Having been on the road for the last 2 days,i haven't had a solid opportunity to reply but am glad I have almost become the brand ambassador for Pan Africa.It is a pity management did not read the mood of investors, to some extent it is their role to safeguard shareholder interest however populist the move is.

Possible rebound after all sellers pass through the phases of denial

2 things to note:

1.Yesterday the entry by foreign holders was 45%;it can be speculated price was too high for a Sanlam entry and this presents an opportunity for them to mop up shares when price hits rock bottom

2.if your neighbours house is burning, yours might be next. Pan Africa has dampened the mood for the other insurance sector companies like Britam & Kenya Re,i do not expect a significant rise in their prices after release of results; this might just be the best time to exit the counters.

Best word to describe the situation,hehehe

Did you sell? or still holding on?

I surely don't feel like selling Kenya Re. i got in at sh 16.40 mid last year and was hoping for a better return. Think i will hold for the long haul

Which one between Panafric & CFC Stanbic would one recommend for a buy?

Thanks Mwekez@ji