Wazua
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KenyaRe FY19 - FY23 (Both Inclusive)
Rank: Elder Joined: 6/23/2009 Posts: 13,506 Location: nairobi
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VituVingiSana wrote:littledove wrote:mwekez@ji wrote:Ericsson wrote:mwekez@ji wrote:Yesterday 14M shares traded, today its 13M. The top 2nd shareholder has changed hands  That list has been overtaken by events. A bonus was issued,multiply the number of all current shareholders by 4 Ooh yeah. Noted heavy foreign exit in both days of around 77m sales vs 0 buy? what do they know Foreigners exited ARM when I bought. Just saying!  Temporary insanity bro. You are well forgiven. It happens to the best among us
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Heavy volumes have dried up. Today counter closes at 3.10. Those who bought at 2.80 have made a 10% gain exclusive of brokerage charges Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,506 Location: nairobi
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Ericsson wrote:Heavy volumes have dried up.
Today counter closes at 3.10.
Those who bought at 2.80 have made a 10% gain exclusive of brokerage charges 10% is peanuts in stock trading.. minimum target for myself is always 25% or higher
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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obiero wrote:Ericsson wrote:Heavy volumes have dried up.
Today counter closes at 3.10.
Those who bought at 2.80 have made a 10% gain exclusive of brokerage charges 10% is peanuts in stock trading.. minimum target for myself is always 25% or higher That is in less than 2 days Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,506 Location: nairobi
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Ericsson wrote:obiero wrote:Ericsson wrote:Heavy volumes have dried up.
Today counter closes at 3.10.
Those who bought at 2.80 have made a 10% gain exclusive of brokerage charges 10% is peanuts in stock trading.. minimum target for myself is always 25% or higher That is in less than 2 days @guru267 will tell you about short rallies exceeding 50% on some select counters
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Uganda office/subsidiary to begin operations in 2020 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,506 Location: nairobi
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obiero wrote:Ericsson wrote:Ericsson wrote:obiero wrote:Ericsson wrote:obiero wrote:Ericsson wrote:VituVingiSana wrote:MaichBlack wrote:obiero wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:Kenya Re HY Results
Kenya Re profit after tax down 12.5% to Kshs. 1.076b
Gross written premiums up 39.9% to ksh.8.86bn
Net earned premiums up 16.6% to Kshs. 7.429b
Gross claims incurred and policy holder benefits up 47.4% to ksh.5.2806bn
Claims ratio 67% v. 53%
Expense ratio 41% v. 50%
Net profit margin 12% v. 19%
Investment & other income almost flat
Cash at the end of the period up 27% to Kshs. 7.369b
NAV Kshs. 10.4
Link;https://pbs.twimg.com/media/EA44788WkAEVVL1?format=jpg&name=large  3/- Be very cautious Hayawi hayawi huwa! KES 2.6 is the bottom but I can continue buying at any price sub KES 2.8.. For the dividend play.. Demand is through the roof. Sellers pulling back!!! Terrible news for me. I got my order fulfilled at 2.8 but seems like my next order will not been fulfilled today. Same Bus. Managed some at 2.90  14 million shares traded today. Fair value has been attained.. Kesho utaona iko ksh.3++ 14.13m shares is a huge volume. Do not expect wild movements from this point. This is dividend stock, that lucks fanfare, pomp and ceremony. Being a GoK stock, it remains a dicy holding but in government we must trust. At least you are guaranteed it wont go bust like ARM. If Uchumi is still around, you know grace is sufficient. We the people! I speak in code Share price at 3.05 Rising nearly the maximum 10% limit The master of bottoms called it 
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,099 Location: Nairobi
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Loving it. Good firms when the shares are on sale. The GoK control still bothers me but the price is very attractive. And the Mashamba folks have been sidelined for now. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Second half so far has been calm and peaceful in the reinsurance industry. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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Cytonn have set price target of Sh3.80
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Rank: New-farer Joined: 1/4/2019 Posts: 69 Location: Nairobi
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the stock looks good to buy...
But im wondering if KenRe is doing anything (research/testing/using) in insurance tech? Every industry is going to be affected in due time
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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After watching HFC pump, Kenya Re looks like another candidate about to take off. Twiddle Dee and Twiddle Dum.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Extraterrestrial wrote:After watching HFC pump, Kenya Re looks like another candidate about to take off. Twiddle Dee and Twiddle Dum. Still early to conclude Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,506 Location: nairobi
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Ericsson wrote:Extraterrestrial wrote:After watching HFC pump, Kenya Re looks like another candidate about to take off. Twiddle Dee and Twiddle Dum. Still early to conclude This thing is for dividends. Will stagnate at KES 3-4 for years
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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obiero wrote:Ericsson wrote:Extraterrestrial wrote:After watching HFC pump, Kenya Re looks like another candidate about to take off. Twiddle Dee and Twiddle Dum. Still early to conclude This thing is for dividends. Will stagnate at KES 3-4 for years What range of dividend per share are you looking in the 3-4 years? Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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obiero wrote:Ericsson wrote:Extraterrestrial wrote:After watching HFC pump, Kenya Re looks like another candidate about to take off. Twiddle Dee and Twiddle Dum. Still early to conclude This thing is for dividends. Will stagnate at KES 3-4 for years That was when it was at 19 bob. The behaviour that you have mentioned is inconsistent with 3 bob stocks!
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Rank: Member Joined: 5/14/2014 Posts: 288 Location: nairobi
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same people that were saying that they couldn't touch kenre at 12 bob are here claiming how the same is cheap at kes 3 post increased number of issued shares I find satisfaction in owning great business,not trading them
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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target1360 wrote:same people that were saying that they couldn't touch kenre at 12 bob are here claiming how the same is cheap at kes 3 post increased number of issued shares previous 12 is the same as current 3 but a small stone can move up faster than a big stone, my thinking 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: 12/4/2009 Posts: 10,684 Location: NAIROBI
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littledove wrote:target1360 wrote:same people that were saying that they couldn't touch kenre at 12 bob are here claiming how the same is cheap at kes 3 post increased number of issued shares previous 12 is the same as current 3 but a small stone can move up faster than a big stone, my thinking Resistance at ksh.3,difficult for it to go below. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Ericsson wrote:littledove wrote:target1360 wrote:same people that were saying that they couldn't touch kenre at 12 bob are here claiming how the same is cheap at kes 3 post increased number of issued shares previous 12 is the same as current 3 but a small stone can move up faster than a big stone, my thinking Resistance at ksh.3,difficult for it to go below. Fair value ksh.4 per share Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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