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UAP OLD Mutual FY2018 Loss of ksh.480mn

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Metch		#11 Posted : Wednesday, June 26, 2019 6:03:23 PM
Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya		I took an investment plan with this firm. Am I safe? Anyone with more insight? Start!
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Milefeyk		#12 Posted : Tuesday, July 16, 2019 3:52:28 PM
Rank: New-farer Joined: 4/12/2019 Posts: 18		I cannot be sure in this moment that an investment plan with this company would be an good option, especially on a long run. Restating balance figures on down side due to fair value adjustments means that their investments in property are actually losing money
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Ericsson		#13 Posted : Sunday, July 21, 2019 7:50:34 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,827 Location: NAIROBI		[quote=VituVingiSana]Now this! Insurer UAP seeks loan to pay off Sh2bn bond https://www.businessdail...69780-ww3tho/index.html[/quote] Indeed they have taken a ksh.2bn loan to retire the bond Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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FUNKY		#14 Posted : Monday, July 22, 2019 2:00:48 PM
Rank: Veteran Joined: 4/30/2010 Posts: 1,635		https://www.businessdail...205680-vx7l0l/index.html
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winmak		#15 Posted : Monday, July 22, 2019 3:30:12 PM
Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru		Metch wrote: I took an investment plan with this firm. Am I safe? Anyone with more insight? And by extension large deposits in Faulu bank For investors as a whole, returns decrease as motion increases ~ WB
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FUNKY		#16 Posted : Wednesday, July 24, 2019 12:37:36 AM
Rank: Veteran Joined: 4/30/2010 Posts: 1,635		https://www.businessdail...207688-8sg38x/index.html
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Ericsson		#17 Posted : Wednesday, July 24, 2019 8:16:34 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,827 Location: NAIROBI		FUNKY wrote: https://www.businessdailyafrica.com/corporate/companies/Stanbic-Bank-lends-UAP-Sh2bn-for-bond-payment/4003102-5207688-8sg38x/index.html They have just changed the identity of the creditor and not sort out the debt issue Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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obiero		#18 Posted : Wednesday, July 24, 2019 8:25:30 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi		Ericsson wrote: FUNKY wrote: https://www.businessdailyafrica.com/corporate/companies/Stanbic-Bank-lends-UAP-Sh2bn-for-bond-payment/4003102-5207688-8sg38x/index.html They have just changed the identity of the creditor and not sort out the debt issue Actually the debt has now increased due to commercial lending rate COOP, IMH, KEGN, MTNU
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