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Old Mutual-UAP Holdings FY2016 profit down 8%
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Ericsson
#1 Posted : Monday, March 13, 2017 11:10:15 PM
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Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Net Profit drop from sh.896mn to 825mn
Devaluation of the South Sudanese pound and reduction in the price of shares at the NSE cost UAP Holdings sh.756mn
Dividend at sh.1.70 per share
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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  | | Edit by user: Tuesday, March 14, 2017 6:39 AM | Reason: Not specified
Flo-ology
#2 Posted : Tuesday, March 14, 2017 7:12:35 AM
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Joined: 12/17/2016
Posts: 225
Most of the insurance firms seem to be doing bad. Let's wait for Britam results this week
Reflection Eternal
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Pesa Nane
#3 Posted : Tuesday, March 14, 2017 7:51:39 AM
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Joined: 5/25/2012
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Pesa Nane plans to be shilingi when he grows up.
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Ericsson
#4 Posted : Sunday, June 18, 2017 7:39:55 PM
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Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
UAP is selling its DRC subsidiary according to the AGM circular
Wealth is built through a relatively simple equation
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Ericsson
#5 Posted : Sunday, July 16, 2017 8:05:47 AM
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Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Counter is trading at OTC at 180.
That is a big big over-valuation.P/E is about 45.
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Spikes
#6 Posted : Sunday, July 16, 2017 8:31:46 AM
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Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Ericsson wrote:
Counter is trading at OTC at 180.
That is a big big over-valuation.P/E is about 45.

Corporate thuggery!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Ericsson
#7 Posted : Tuesday, August 15, 2017 1:57:20 PM
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Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
http://www.businessdaily...57364-96ok1rz/index.html
Wealth is built through a relatively simple equation
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Ericsson
#8 Posted : Tuesday, April 03, 2018 10:28:39 AM
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Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.businessdail...9602-6qqonmz/index.html

UAP Holdings directors Joe Wanjui and James Muguiyi have an option to sell a combined six per cent stake in the insurer to Old Mutual Plc before September in a deal that could earn them Sh3.4 billion.

The London-based conglomerate disclosed the existence of the put option in a trading update, alerting its shareholders that its stake in the local insurer could rise to 67 per cent from the current 61 per cent.
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Ericsson
#9 Posted : Thursday, May 24, 2018 8:36:40 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
News out that UAP Old Mutual retrenched 50% of its work force.
They received their letters today
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Wororo
#10 Posted : Thursday, May 24, 2018 10:03:48 PM
Rank: Member

Joined: 1/30/2011
Posts: 207
Ericsson wrote:
News out that UAP Old Mutual retrenched 50% of its work force.
They received their letters today


They had been told to apply afresh... That's what I heard...
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  | | Edit by user: Thursday, May 24, 2018 10:05 PM | Reason: Not specified
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