Sanlam Kenya FY17 - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » Sanlam Kenya FY17

2 Pages12>

Sanlam Kenya FY17

Options

Previous Topic · Next Topic

Pesa Nane		#1 Posted : Wednesday, March 28, 2018 8:13:34 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		Included in the operating profit are the results of our life insurance, general insurance, investments, property and loans businesses. The general insurance and loan businesses exceeded the 2016 operating profit levels while the life insurance, investment management and property businesses performance declined. The general insurance business continues to show significant growth and returned to profitability in 2017. Pesa Nane plans to be shilingi when he grows up.
Back to top		\| \| Edit by user: Wednesday, March 28, 2018 8:22 PM \| Reason: Not specified
User Profile

Pesa Nane		#2 Posted : Wednesday, March 28, 2018 8:19:23 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		Quote: Dividends The introduction of the new Risk Based Capital regime in 2020 will significantly increase the capital requirement for the Group’s life and general insurance businesses. This is over and above the impact of the revised guidelines on valuations of technical provisions for the life business on the back of the high prescribed margins used for reserving. The Board of Directors will not be recommending the payment of a dividend for the year ended 2017 (2016: Nil) at the forthcoming Annual General Meeting scheduled for Thursday 10th May 2018. Pesa Nane plans to be shilingi when he grows up.
Back to top		\| \| Edit by user: Wednesday, March 28, 2018 8:23 PM \| Reason: Not specified
User Profile

Pesa Nane		#3 Posted : Wednesday, March 28, 2018 8:25:46 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		Quote: Changes of Directors Wikus Olivier resigns from the Boards of Sanlam Kenya Plc and Sanlam Life Insurance Limited to take up other roles within the wider Sanlam Group. Mr Olivier was apponited a director on 16th May 2014 and also served as a member of the Audit Committee. The Board of Directors thanks Mr Olivier for his contribution to the growth of the business and wishes him the best in his future endeavours. Mugo Kibati resigned as the Sanlam Kenya Group CEO to pursue personal and professional interests. The Board remains grateful to Mr. Kibati for his dedicated service to Sanlam Kenya, having assumed the Group leadership role from February 2015. Pesa Nane plans to be shilingi when he grows up.
Back to top		\|
User Profile

Pesa Nane		#4 Posted : Wednesday, March 28, 2018 8:44:46 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		Sanlam Kenya Plc. - Audited Financial Statements for the Period Ended 31st Dec 2017 Pesa Nane plans to be shilingi when he grows up.
Back to top		\|
User Profile

VituVingiSana		#5 Posted : Wednesday, March 28, 2018 8:50:08 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		Pesa Nane wrote: Sanlam Kenya Plc. - Audited Financial Statements for the Period Ended 31st Dec 2017 Do I need to sign up with Scribd to download these? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\|
User Profile

obiero		#6 Posted : Wednesday, March 28, 2018 8:55:12 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		VituVingiSana wrote: Pesa Nane wrote: Sanlam Kenya Plc. - Audited Financial Statements for the Period Ended 31st Dec 2017 Do I need to sign up with Scribd to download these? Yes. Its view only KQ ABP 4.26
Back to top		WWW \|
User Profile

Ericsson		#7 Posted : Wednesday, March 28, 2018 9:52:25 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		VituVingiSana wrote: Pesa Nane wrote: Sanlam Kenya Plc. - Audited Financial Statements for the Period Ended 31st Dec 2017 Do I need to sign up with Scribd to download these? CIC Insurance has overtaken Sanlam in the following metrics; --Gross written premium --Profit before and after tax --Total assets Company has now slipped to position 7 in the following ranking; --Jubilee Insurance --Britam Insurance --ICEA LION --UAP --Liberty Kenya Holdings Plc --CIC Insurance Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW \| \| Edit by user: Wednesday, March 28, 2018 9:56 PM \| Reason: Not specified
User Profile

Fyatu		#8 Posted : Saturday, May 05, 2018 10:19:51 AM
Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru		Pesa Nane wrote: Included in the operating profit are the results of our life insurance, general insurance, investments, property and loans businesses. The general insurance and loan businesses exceeded the 2016 operating profit levels while the life insurance, investment management and property businesses performance declined. The general insurance business continues to show significant growth and returned to profitability in 2017. Why is the EPS 0.21 ? From my basic Wanjiku understanding the EPS should be 0.3684(i.e., 53045000÷144000000). Wazua accountants open my eyes please Dumb money becomes dumb only when it listens to smart money
Back to top		\|
User Profile

sparkly		#9 Posted : Saturday, May 05, 2018 11:52:42 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		Fyatu wrote: Pesa Nane wrote: Included in the operating profit are the results of our life insurance, general insurance, investments, property and loans businesses. The general insurance and loan businesses exceeded the 2016 operating profit levels while the life insurance, investment management and property businesses performance declined. The general insurance business continues to show significant growth and returned to profitability in 2017. Why is the EPS 0.21 ? From my basic Wanjiku understanding the EPS should be 0.3684(i.e., 53045000÷144000000). Wazua accountants open my eyes please Consolidation tings. Profit attributable to shareholders of the parent/shares of the parent. If you own 50 percent of company A that owns 50% of company B, you are effectively entitled to 25% of the profits of Company B. Life is short. Live passionately.
Back to top		\|
User Profile

Pesa Nane		#10 Posted : Saturday, May 05, 2018 12:03:20 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		Fyatu wrote: Pesa Nane wrote: Included in the operating profit are the results of our life insurance, general insurance, investments, property and loans businesses. The general insurance and loan businesses exceeded the 2016 operating profit levels while the life insurance, investment management and property businesses performance declined. The general insurance business continues to show significant growth and returned to profitability in 2017. Why is the EPS 0.21 ? From my basic Wanjiku understanding the EPS should be 0.3684(i.e., 53045000÷144000000). Wazua accountants open my eyes please Prudence would be to leave it to the wazua accountants as you wished....but meanwhile, consider the PAT less the non-controlling interest (ie Equity holders profit) divided by the number of shares. PAT: 53,045,000 Less Non-controlling interest of: 22,231,000 Equity holders profit = 30,814,000 EPS = 30,814,000 ÷ 144,000,000 shares = 0.214 Pesa Nane plans to be shilingi when he grows up.
Back to top		\|
User Profile

2 Pages12>

Wazua » Investor » Stocks » Sanlam Kenya FY17

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded