wazua Thu, Dec 5, 2024
Welcome Guest Search | Active Topics | Log In | Register

Old Mutual-UAP Holdings FY2016 profit down 8%
Options
Previous Topic · Next Topic
Ericsson
#1 Posted : Monday, March 13, 2017 11:10:15 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
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
Back to top
WWW
 Report Abusive | Report SPAM | 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
Rank: Member


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
Back to top
 Report Abusive | Report SPAM
Pesa Nane
#3 Posted : Tuesday, March 14, 2017 7:51:39 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Back to top
 Report Abusive | Report SPAM
Ericsson
#4 Posted : Sunday, June 18, 2017 7:39:55 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
UAP is selling its DRC subsidiary according to the AGM circular
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
Ericsson
#5 Posted : Sunday, July 16, 2017 8:05:47 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Counter is trading at OTC at 180.
That is a big big over-valuation.P/E is about 45.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
Spikes
#6 Posted : Sunday, July 16, 2017 8:31:46 AM
Rank: Elder


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.”
Back to top
 Report Abusive | Report SPAM
Ericsson
#7 Posted : Tuesday, August 15, 2017 1:57:20 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
http://www.businessdaily...57364-96ok1rz/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
Ericsson
#8 Posted : Tuesday, April 03, 2018 10:28:39 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
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.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
Ericsson
#9 Posted : Thursday, May 24, 2018 8:36:40 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
News out that UAP Old Mutual retrenched 50% of its work force.
They received their letters today
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
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...
Back to top
 Report Abusive | Report SPAM | Edit by user: Thursday, May 24, 2018 10:05 PM | Reason: Not specified
Angelica _ann
#11 Posted : Friday, May 25, 2018 6:14:20 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Wororo wrote:
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...





Probably Old Mutual getting rid of UAP employees they inherited!!!! Clash of work cultures, my thinking.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
 Report Abusive | Report SPAM
obiero
#12 Posted : Friday, May 25, 2018 7:04:37 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,509
Location: nairobi
Angelica _ann wrote:
Wororo wrote:
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...





Probably Old Mutual getting rid of UAP employees they inherited!!!! Clash of work cultures, my thinking.

Sad

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Back to top
WWW
 Report Abusive | Report SPAM
Ericsson
#13 Posted : Monday, June 18, 2018 11:41:27 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
https://www.businessdail...7980-10j4w1h/index.html

Debt debt debt and more debt killing companies in Kenya
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
Users browsing this topic
Guest
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.