a jubilee quickie w@ do u think??

http://www.standardmedia...14&j=&m=&d=

hi fellows, im sure uve read the article in todays standard if u havnt follow the above link.
With the huge divident payout(the first since 2007), bonus shares, news that they r targeting the lower market i.e. insuring matatus, who thinks this can be good for a quicky, any views r welcome.

@atiriri this stock is trading ex all as of today but still has a P/E of 11 with good earnings expected with a recovery in investment income...

i will never buy an insurance company no matter how good they say it is..but thats my 2 cents...

@2012 ofcourse we make decisions and we ulmately pay for them...but on Kenya Re i hope u have done ur research like all wise pple on Wazua..

it traded 500 shares yesterday at 170 ex all... yeah i got into JHL using the proceeds from that God forsaken Kenya Re after its hopeless results and loss of compulsory cessions

My reasons for my persistence in the insurance sector is simply because this is a sector that was hit badly due to a drop in investment income but with the NSE up 35% year to date it looks poised for a major recovery even this year (i cant wait for JHL's half year results)

also this sector has a really low penetration rate and JHL being one of the largest in the industry is set to benefit from the sectors development