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Kenya Re - 2018 and beyond
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obiero
#101 Posted : Tuesday, March 27, 2018 8:54:10 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Ebenyo wrote:
Pesa Nane wrote:
VituVingiSana wrote:
17/- d'oh! d'oh! d'oh!
Crooks calling the shots.
#BringBackMwarania


I am a buyer. Ole wangu Pray


Applause Applause

I once held this monkey until it started gassing

KQ ABP 4.26
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nashx
#102 Posted : Tuesday, March 27, 2018 8:58:18 PM
Rank: Member

Joined: 2/28/2014
Posts: 188
Location: Nairobi
Also a buyer...
Offering my personal finance knowledge for free
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obiero
#103 Posted : Tuesday, March 27, 2018 10:18:20 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
nashx wrote:
Also a buyer...

All the very best @nashx

KQ ABP 4.26
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Ericsson
#104 Posted : Wednesday, March 28, 2018 10:30:13 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.businessdail...2142-jwb8noz/index.html

Sacked Kenya Re managing director Jadiah Mwarania has held that his feud with the board chairman cost him his job and says the firm’s performance is healthy contrary to the latter’s claims.

The assertions are contained in a further affidavit filed in response to claims made by board chairman David Kemei who told the court that the sacked managing director lost his job for non-performance.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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  | | Edit by user: Wednesday, March 28, 2018 10:31 PM | Reason: Not specified
VituVingiSana
#105 Posted : Thursday, March 29, 2018 7:40:17 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ericsson wrote:
https://www.businessdailyafrica.com/corporate/companies/Ex-Kenya-Re-boss-says-Kinyua-memo-got-him-the-sack/4003102-4362142-jwb8noz/index.html

Sacked Kenya Re managing director Jadiah Mwarania has held that his feud with the board chairman cost him his job and says the firm’s performance is healthy contrary to the latter’s claims.

The assertions are contained in a further affidavit filed in response to claims made by board chairman David Kemei who told the court that the sacked managing director lost his job for non-performance.

"The ousted CEO says for the 27 years he worked for the firm, he received his first warning memo in June 2017, shortly after he complied with orders from Chief-of-Staff and Public Service head Joseph Kinyua to start the process of replacing Mr Kemei and other two directors."
It seems that Kemei and godfather #1 behind Mwarania's woes.
KenRe has ma-billions in cash & cash equivalents. And 2022 is closer than one thinks.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#106 Posted : Thursday, March 29, 2018 7:45:17 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
PBT up 8% y-on-y to stand at 3.7B up from 3.3B dividend KES 0.85

KQ ABP 4.26
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Ericsson
#107 Posted : Thursday, March 29, 2018 8:53:05 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Gross written premiums up 13% to 14.28%
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ebenyo
#108 Posted : Thursday, March 29, 2018 9:02:16 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
obiero wrote:
PBT up 8% y-on-y to stand at 3.7B up from 3.3B dividend KES 0.85


6% dividend increase not bad.
Towards the goal of financial freedom
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obiero
#109 Posted : Friday, May 18, 2018 7:28:56 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Ebenyo wrote:
obiero wrote:
PBT up 8% y-on-y to stand at 3.7B up from 3.3B dividend KES 0.85


6% dividend increase not bad.

That's PAT actually. PBT 4.558 2017 vs 4.218 2016

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mulla
#110 Posted : Friday, May 18, 2018 2:05:18 PM
Rank: Member

Joined: 6/15/2013
Posts: 301
obiero wrote:
Ebenyo wrote:
obiero wrote:
PBT up 8% y-on-y to stand at 3.7B up from 3.3B dividend KES 0.85


6% dividend increase not bad.

That's PAT actually. PBT 4.558 2017 vs 4.218 2016

Food for thought....closer to the 2022 gen. election might dividends be reduced for arap singh's campaign trail.......Think Think
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