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britam full year 2017 down 78%
littledove
#1 Posted : Friday, March 23, 2018 11:53:08 AM
Rank: Member


Joined: 7/1/2014
Posts: 895
Location: sky
net profit 527 million vs 2.4 b last year
dividend 0.35
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
mulla
#2 Posted : Friday, March 23, 2018 12:33:48 PM
Rank: Member


Joined: 6/15/2013
Posts: 301
littledove wrote:
net profit 527 million vs 2.4 b last year
dividend 0.35




d'oh! d'oh! d'oh! it should drop and trade at 8/= so long termers like me start accumulating
Realtreaty
#3 Posted : Friday, March 23, 2018 12:42:01 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,260
littledove wrote:
net profit 527 million vs 2.4 b last year
dividend 0.35


d'oh! d'oh! d'oh! d'oh! d'oh! d'oh!
Ngaii babaa!!!!!

screwed by staff and law was quiet on it when Cytonn crawled out with millions
Spikes
#4 Posted : Friday, March 23, 2018 12:51:18 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Realtreaty wrote:
littledove wrote:
net profit 527 million vs 2.4 b last year
dividend 0.35


d'oh! d'oh! d'oh! d'oh! d'oh! d'oh!
Ngaii babaa!!!!!

screwed by staff and law was quiet on it when Cytonn crawled out with millions


@ Realtreaty you're completely finished!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Realtreaty
#5 Posted : Friday, March 23, 2018 2:09:48 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,260
I will kneel and pray for Britam till they get revivedPray Pray Pray Pray Pray Pray
littledove
#6 Posted : Friday, March 23, 2018 2:43:48 PM
Rank: Member


Joined: 7/1/2014
Posts: 895
Location: sky
Spikes wrote:
Realtreaty wrote:
littledove wrote:
net profit 527 million vs 2.4 b last year
dividend 0.35


d'oh! d'oh! d'oh! d'oh! d'oh! d'oh!
Ngaii babaa!!!!!

screwed by staff and law was quiet on it when Cytonn crawled out with millions


@ Realtreaty you're completely finished!

Laughing out loudly Laughing out loudly Laughing out loudly you should atleast give hope
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
mlennyma
#7 Posted : Friday, March 23, 2018 3:06:42 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,175
Location: nairobi
Realtreaty wrote:
I will kneel and pray for Britam till they get revivedPray Pray Pray Pray Pray Pray

there are chances of pulling a more than 200% profit jump by end year 2018,this is how big fish shakeout the small ones
"Don't let the fear of losing be greater than the excitement of winning."
murchr
#8 Posted : Friday, March 23, 2018 4:33:04 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,979
Wazuans were warned about this one but ofcourse some didnt listen. Poleni kwa msiba
"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
.
Ericsson
#9 Posted : Friday, March 23, 2018 5:17:34 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
Key Highlights from the 2017 Financials;

Income from investment in property, which includes rental income, fair value movements in investment in property and investment in property funds, declined by 161% from 991 million in 2016 to a loss of Sh 607.3 Million.
Total income grew by 24.5% to Sh 27.8 Billion as commissions grew slightly by 4% to Sh 744 Million.
Revenues from its asset management business declined by 16% to Sh 848.4 Million
Gross earned premium increased by 13.4% to Sh 24.1 Billion as net earned revenue grew by 15% to Sh 21 Billion.
Net insurance claims increased by a huge margin of 1450% to Sh 12.5 Billion while expenses: grew 46% to Sh 27 Billion.
Profit before tax declined by 80% to Sh 866 Million while net profit for the period declined by 79% to Sh 527.5 Million.
The board declared a 17% increase in dividend payment to 35 cents per share compared to Sh 30 cents per share in the previous year.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Realtreaty
#10 Posted : Friday, March 23, 2018 6:50:01 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,260
murchr wrote:
Wazuans were warned about this one but ofcourse some didnt listen. Poleni kwa msiba


When you look closely the Dividend was given with both hands so it is very positive it went up and my theory to buy and hold is right.

What was high were claims given we has an Election year

Wanted only to know what Wairegi said about the Britam Tower opening and occupancy.
We have seen Britam doing great in Life Insurance
Pesa Nane
#11 Posted : Saturday, March 24, 2018 2:55:18 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#12 Posted : Saturday, March 24, 2018 3:09:26 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
littledove wrote:
net profit 527 million vs 2.4 b last year
dividend 0.35

Pesa Nane plans to be shilingi when he grows up.
Realtreaty
#13 Posted : Saturday, March 24, 2018 10:41:19 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,260
smile smile
Someone started this thread to hurt me.
But later I realized he does not own even a single share on this candy.
I think he should not have caught the wrong part of drop in earnings due to change in accounting method that is different from 2016FY
Now I am smiling all the way to the bank to pick my increased dividend and prospect of the stock improving.

https://www.businessdailyafrica....354928-jhf7hk/index.html
Realtreaty
#14 Posted : Saturday, March 24, 2018 10:44:40 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,260
Pesa Nane wrote:


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Littledove is too little to see that as it was elevated.

He had hit the blue wall and dislocated his neck!!!

Laughing out loudly Laughing out loudly Laughing out loudly

Thank you for putting it for this dove in yellow kama bus za shule
Ericsson
#15 Posted : Saturday, March 24, 2018 11:00:55 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
Realtreaty wrote:
Pesa Nane wrote:


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Littledove is too little to see that as it was elevated.

He had hit the blue wall and dislocated his neck!!!

Laughing out loudly Laughing out loudly Laughing out loudly

Thank you for putting it for this dove in yellow kama bus za shule


Did that change also cause the decline in the following;

--Income from investment in property, which includes rental income, fair value movements in investment in property and investment in property funds, declined by 161% from 991 million in 2016 to a loss of Sh 607.3 Million.

--Revenues from its asset management business declined by 16% to Sh 848.4 Million
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
muandiwambeu
#16 Posted : Sunday, March 25, 2018 8:39:50 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
Realtreaty wrote:
littledove wrote:
net profit 527 million vs 2.4 b last year
dividend 0.35


d'oh! d'oh! d'oh! d'oh! d'oh! d'oh!
Ngaii babaa!!!!!

screwed by staff and law was quiet on it when Cytonn crawled out with millions

did j mworia take the fair cut insyc with the performance. otherwise, someone should also have their salaries freezed has they put in new gear to address the gaps
Laughing out loudly Laughing out loudly Laughing out loudly Sad
,Behold, a sower went forth to sow;....
muandiwambeu
#17 Posted : Sunday, March 25, 2018 10:14:05 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
mlennyma wrote:
Realtreaty wrote:
I will kneel and pray for Britam till they get revivedPray Pray Pray Pray Pray Pray

there are chances of pulling a more than 200% profit jump by end year 2018,this is how big fish shakeout the small ones

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly ,smile Liar yes, but I do not understand why change in accounting principles has not worked like before this time round, linked here for the ever forgetting ones
https://www.businessdail...7830-vhcly4z/index.html
Drool Sad
is the senior cook still around or she never received her share of the spoils.Laughing out loudly smile Laughing out loudly smile
,Behold, a sower went forth to sow;....
Ericsson
#18 Posted : Sunday, March 25, 2018 6:54:22 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
Retained earnings at ksh.332.8mn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
muandiwambeu
#19 Posted : Monday, March 26, 2018 10:25:36 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
Ericsson wrote:
Retained earnings at ksh.332.8mn

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly d'oh! d'oh! d'oh! , hiyo ni mshahara ya jamaa fulani mwaka moja tu. lakini labda hesabu pia yaweza mlika zaidi. 332.8m/1.9billion shares ni chini ya centi mbili tu. Sad Sad Pray Pray

labda sijakuelewa @Erics, what did you intend to imply by that.d'oh! Sad
,Behold, a sower went forth to sow;....
Ericsson
#20 Posted : Monday, March 26, 2018 10:31:36 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
muandiwambeu wrote:
Ericsson wrote:
Retained earnings at ksh.332.8mn

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly d'oh! d'oh! d'oh! , hiyo ni mshahara ya jamaa fulani mwaka moja tu. lakini labda hesabu pia yaweza mlika zaidi. 332.8m/1.9billion shares ni chini ya centi mbili tu. Sad Sad Pray Pray

labda sijakuelewa @Erics, what did you intend to imply by that.d'oh! Sad

When i look at other companies retained earnings isn't that low and those with low do not give out dividends to boost that reserve.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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