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Britam FY 2014 PAT grows by 22.7%
subaru
#31 Posted : Wednesday, April 22, 2015 11:54:35 AM
Rank: Member

Joined: 3/15/2010
Posts: 391
Location: nairobie
Aguytrying wrote:
Boris Boyka wrote:
Aguytrying wrote:
In a serious bear market, this stock would touch sub 10.00. And i would buy it like crazy

Laughing out loudly @Aguy the BUYER!! who always wishes share beatings for him to jump in. when sale one day please let me know ata kama ni 100shares.smile Applause. Enjoy your Friday.


Laughing out loudly Laughing out loudly You can't make decent gains in this market by buying and selling rapidly. Selling?...unless my hand is forced or to rebalance portfolio smile

By the way I used to sell, buy, sell, buy. until I realised it doesn't work (for me)


this is a monkey for now burnt myself Sad Sad Sad
moneydust
#32 Posted : Wednesday, April 22, 2015 4:56:57 PM
Rank: Member

Joined: 1/31/2007
Posts: 304
Boris Boyka wrote:
Pesa Nane wrote:
Pesa Nane wrote:
Div = Ksh. 0.30 Per Share

Register tentatively closes 03 April 2015

Payment 30 April 2015

AGM 30 April 2015


AGM dates changed to 26 June 2015

Register closure dated changed to 12 June 2015

"Dividend will therefore be paid immediately upon shareholders approval"

d'oh! @Realtreaty, seems your people are worried of so many questions. It's equity that knows early dvnd payment.


Hasn't Britam not opened itself to a potential law suit by people who sold after the initial ex-div date but before the announcement of the new book closure date for the lost dividend..
Pesa Nane
#33 Posted : Friday, April 24, 2015 10:27:12 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Tihihi Laughing out loudly Laughing out loudly Laughing out loudly
Quote:
The Group's 2014 financial statements were published on 20 March 2015..........after the announcement and publication of the results, the auditors advised the Board of an issue with respect to the measurement of the carrying value of a local associate company...... the Board has considered the advice and restated the financial statements resulting in a reduction in the previously reported profit after tax by Shs 342 million...


Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#34 Posted : Friday, April 24, 2015 10:38:21 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Going, going, gone!
Pesa Nane plans to be shilingi when he grows up.
murchr
#35 Posted : Friday, April 24, 2015 10:39:22 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Pesa Nane wrote:
Tihihi Laughing out loudly Laughing out loudly Laughing out loudly
Quote:
The Group's 2014 financial statements were published on 20 March 2015..........after the announcement and publication of the results, the auditors advised the Board of an issue with respect to the measurement of the carrying value of a local associate company...... the Board has considered the advice and restated the financial statements resulting in a reduction in the previously reported profit after tax by Shs 342 million...




Hii ni mchezo.
"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
.
Boris Boyka
#36 Posted : Saturday, April 25, 2015 6:53:07 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
murchr wrote:
Pesa Nane wrote:
Tihihi Laughing out loudly Laughing out loudly Laughing out loudly
Quote:
The Group's 2014 financial statements were published on 20 March 2015..........after the announcement and publication of the results, the auditors advised the Board of an issue with respect to the measurement of the carrying value of a local associate company...... the Board has considered the advice and restated the financial statements resulting in a reduction in the previously reported profit after tax by Shs 342 million...




Hii ni mchezo.

So PAT grew a mere 7.86% smile Enyewe business in 2014 haikuwa ya m*** ya NSE firms.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Mainat
#37 Posted : Saturday, April 25, 2015 7:13:21 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Strange. Btw, HFCK is the Britam's only sizable associate. Kweli, rongo?
Sehemu ndio nyumba
murchr
#38 Posted : Saturday, April 25, 2015 7:14:05 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Boris Boyka wrote:
murchr wrote:
Pesa Nane wrote:
Tihihi Laughing out loudly Laughing out loudly Laughing out loudly
Quote:
The Group's 2014 financial statements were published on 20 March 2015..........after the announcement and publication of the results, the auditors advised the Board of an issue with respect to the measurement of the carrying value of a local associate company...... the Board has considered the advice and restated the financial statements resulting in a reduction in the previously reported profit after tax by Shs 342 million...




Hii ni mchezo.

So PAT grew a mere 7.86% smile Enyewe business in 2014 haikuwa ya m*** ya NSE firms.


Toa 342m kwanza
"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
.
holycow
#39 Posted : Saturday, April 25, 2015 7:39:04 AM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
This is becoming a matatu business where drivers change routes and fares to suit them. I've never heard of a listed company tinkering with results as well as books closure date. Kimunya should witness NSE turning into a fish market.
hisah
#40 Posted : Saturday, April 25, 2015 9:00:02 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Restating of accounts, several profit dips, several profit warnings, flat profit and some losses here and there means the market has run ahead of itself.

Bulls are still in disbelief as the bull trap tightens. The market is ripe for harvest. Very few bargains are present.

@pesanane - Ai Caramba! I'm shocked by what you've posted about britam audited results. This is madness!! Britam drama is likely to be the 2011 CMC drama. For those that forgot the recent history, 2011 unleashed a swift bear.

This britam saga is just beginning!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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