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Britam FY 2018
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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rwitre wrote:Ebenyo wrote:On Friday,BRITAM registered a high volume of 5,606,500 shares.This was not normal.Could this be the reaction? Heavy buyers averaging down. By the way each time the stock approaches 8.5 someone mops up the supply. When the bull run comes, this will be the counter to watch. Financial performance has been on a decline for now three years. It might be the private equity investors increasing their stake Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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https://pbs.twimg.com/me...sL-VgXYAApGn-.jpg:large
Was the day’s biggest mover with 14,358,700 shares valued at 119m shares changing hands in the 7.60 - 8.30 range.Britam is -17.20% Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Ericsson wrote:https://pbs.twimg.com/media/D-sL-VgXYAApGn-.jpg:large
Was the day’s biggest mover with 14,358,700 shares valued at 119m shares changing hands in the 7.60 - 8.30 range.Britam is -17.20% When the bull run comes to the NSE, this will be one of the highest gainers. Meanwhile the deep pockets that are in the red continue to average down and get larger stakes.
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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rwitre wrote:Ericsson wrote:https://pbs.twimg.com/media/D-sL-VgXYAApGn-.jpg:large
Was the day’s biggest mover with 14,358,700 shares valued at 119m shares changing hands in the 7.60 - 8.30 range.Britam is -17.20% When the bull run comes to the NSE, this will be one of the highest gainers. Meanwhile the deep pockets that are in the red continue to average down and get larger stakes. This one is following its peer HFCK Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Ericsson wrote:rwitre wrote:Ericsson wrote:https://pbs.twimg.com/media/D-sL-VgXYAApGn-.jpg:large
Was the day’s biggest mover with 14,358,700 shares valued at 119m shares changing hands in the 7.60 - 8.30 range.Britam is -17.20% When the bull run comes to the NSE, this will be one of the highest gainers. Meanwhile the deep pockets that are in the red continue to average down and get larger stakes. This one is following its peer HFCK I concur. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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muandiwambeu wrote:Ericsson wrote:rwitre wrote:Ericsson wrote:https://pbs.twimg.com/media/D-sL-VgXYAApGn-.jpg:large
Was the day’s biggest mover with 14,358,700 shares valued at 119m shares changing hands in the 7.60 - 8.30 range.Britam is -17.20% When the bull run comes to the NSE, this will be one of the highest gainers. Meanwhile the deep pockets that are in the red continue to average down and get larger stakes. This one is following its peer HFCK I concur. 3mn shares traded so far Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 1/15/2019 Posts: 31
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“ Jimnah Mbaru sells 50 million Britam shares to Swiss Re”... I think that it might be now much clearer why company underperformed during last three years. Something is not right within the company, so this would definitely not be my pick of shares
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Beler wrote:“ Jimnah Mbaru sells 50 million Britam shares to Swiss Re”... I think that it might be now much clearer why company underperformed during last three years. Something is not right within the company, so this would definitely not be my pick of shares Recent sale or old news Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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6.8  The NSE bear is brutal.
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Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky
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rwitre wrote:6.8 The NSE bear is brutal. They made wrong investment decisions which will haunt them for long - hfck, britam tower, hope they are getting tenants There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 8/16/2011 Posts: 2,385
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It is not only in Kenya, everywhere the businesses are down. The expansion of middle class means more people are opening businesses with new technology thereby hitting others hard. The Hotel industry is cheapest now in the world due to flooded industry competing for cheaper clients/customers. littledove wrote:rwitre wrote:6.8 The NSE bear is brutal. They made wrong investment decisions which will haunt them for long - hfck, britam tower, hope they are getting tenants
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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From the 30's to this, wololo and still headed low & lower!!!  Kujeni blue chips; BAT, Jubilee Ins, Safaricom, Stanchart, & EABL. Abit/pengine of Equity, KCB & Coop Bank. Hizo zingine wachana nayo. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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Angelica _ann wrote:From the 30's to this, wololo and still headed low & lower!!! Kujeni blue chips; BAT, Jubilee Ins, Safaricom, Stanchart, & EABL. Abit/pengine of Equity, KCB & Coop Bank. Hizo zingine wachana nayo. Utajua hujui
KQ ABP 4.26
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Britam FY 2018
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