Wazua
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KenyaRe FY19 - FY23 (Both Inclusive)
Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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My guess is the time when the additional shares were credited and for what duration they were till the end of the year for the EPS of ksh.2.55 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 5/2/2018 Posts: 267
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I believe the 2019 EPS is based on the new number of issued shares i.e. it would've been higher at around 10.20, just as dividend would've been 0.40....
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Rank: Member Joined: 6/26/2008 Posts: 384
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sparkly wrote:Ericsson wrote:FY2019
profit before tax increased by 35% from ksh.3.1bn to ksh.4.18bn due to high gross premiums written,significant growth in the share of profit from investment in associate in Zep Re and gains on revaluation of investment property.
Asset base grew by 14% from ksh.44.36bn to 50.36bn
The board of directors recommend a dividend of ksh.0.1 per share
Link:https://www.nse.co.ke/listed-companies/company-announcements/issuer-announcements.html 10 cents, what a joke!  hapa sasa labda capital gains
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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That is what boosted the profits Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 9/11/2015 Posts: 242 Location: Thika
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Government shareholding is and will always be a big turn-off. This counter will never take off until the government is diluted below 50% to manageable levels and ceases to be the largest shareholder. The bad news is that the government never sells so you can as well perish that thought. I see naive investors buying this stock which is an obvious value trap but they soon realize their mistake. Since men have learned to shoot without missing, I have learned to fly without perching
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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Superprime1 wrote:I believe the 2019 EPS is based on the new number of issued shares i.e. it would've been higher at around 10.20, just as dividend would've been 0.40.... So how is the damn thing trading at its EPS?
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Extraterrestrial wrote:Superprime1 wrote:I believe the 2019 EPS is based on the new number of issued shares i.e. it would've been higher at around 10.20, just as dividend would've been 0.40.... So how is the damn thing trading at its EPS? A basket case. Bandia firm. Unfortunate to have bought some
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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obiero wrote:Extraterrestrial wrote:Superprime1 wrote:I believe the 2019 EPS is based on the new number of issued shares i.e. it would've been higher at around 10.20, just as dividend would've been 0.40.... So how is the damn thing trading at its EPS? A basket case. Bandia firm. Unfortunate to have bought some Reduce the number of bandia firms in your portfolio Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ericsson wrote:obiero wrote:Extraterrestrial wrote:Superprime1 wrote:I believe the 2019 EPS is based on the new number of issued shares i.e. it would've been higher at around 10.20, just as dividend would've been 0.40.... So how is the damn thing trading at its EPS? A basket case. Bandia firm. Unfortunate to have bought some Reduce the number of bandia firms in your portfolio Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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sparkly wrote:Ericsson wrote:obiero wrote:Extraterrestrial wrote:Superprime1 wrote:I believe the 2019 EPS is based on the new number of issued shares i.e. it would've been higher at around 10.20, just as dividend would've been 0.40.... So how is the damn thing trading at its EPS? A basket case. Bandia firm. Unfortunate to have bought some Reduce the number of bandia firms in your portfolio Hehe. Only KENRE is a bandia firm in my portfolio and I am down by just KES 0.60 per share
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Insurance companies are in for a rough 2020...
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Rank: Member Joined: 3/20/2008 Posts: 503
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obiero wrote:sparkly wrote:Ericsson wrote:obiero wrote:Extraterrestrial wrote:Superprime1 wrote:I believe the 2019 EPS is based on the new number of issued shares i.e. it would've been higher at around 10.20, just as dividend would've been 0.40.... So how is the damn thing trading at its EPS? A basket case. Bandia firm. Unfortunate to have bought some Reduce the number of bandia firms in your portfolio Hehe. Only KENRE is a bandia firm in my portfolio and I am down by just KES 0.60 per share HousingFinance bandia firm KQ bandia firm
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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obiero wrote:Extraterrestrial wrote:Superprime1 wrote:I believe the 2019 EPS is based on the new number of issued shares i.e. it would've been higher at around 10.20, just as dividend would've been 0.40.... So how is the damn thing trading at its EPS? A basket case. Bandia firm. Unfortunate to have bought some Better the bandia firm that makes a profit and pays a dividend than... Luckily, KenyaRe is my only GoK-controlled firm and I am glad I got out of the rest.  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: 10,639 Location: NAIROBI
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Process of selecting the second Auditor general has started after the president Gazette members of the panel. Seems Gok controlled firms ain't getting exemptions of early dividend payout Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
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Ericsson wrote:Process of selecting the second Auditor general has started after the president Gazette members of the panel.
Seems Gok controlled firms ain't getting exemptions of early dividend payout Do you mean there will be no payment of a final dividend until the AG signs off and an AGM is held? KenGen year end is in 71 days. 2019's dividend hasn't been announced. Kenya Re's HY ends in 71 days. Measly dividend announced for FY19. 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: 10,639 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:Process of selecting the second Auditor general has started after the president Gazette members of the panel.
Seems Gok controlled firms ain't getting exemptions of early dividend payout Do you mean there will be no payment of a final dividend until the AG signs off and an AGM is held? KenGen year end is in 40 days. 2019's dividend hasn't been announced. Kenya Re's HY ends in 40 days. Measly dividend announced for FY19. 40 days really??  Didn't know June 30 is 40 days away. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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Ericsson wrote:VituVingiSana wrote:Ericsson wrote:Process of selecting the second Auditor general has started after the president Gazette members of the panel.
Seems Gok controlled firms ain't getting exemptions of early dividend payout Do you mean there will be no payment of a final dividend until the AG signs off and an AGM is held? KenGen year end is in 40 days. 2019's dividend hasn't been announced. Kenya Re's HY ends in 40 days. Measly dividend announced for FY19. 40 days really?? Didn't know June 30 is 40 days away. Blame it on Corona. 70 days to financial year end, plus 90 days to announce the results. There is still time//eon days to pay dividends (if there is  ). 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: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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i hope this is not among the assets in kenya Re's Bal sheet https://www.nation.co.ke...twitter_impression=true
Kenya Re has made a counterclaim against Scenaries Limited, asking for a fresh transfer of the title for the parcel it bought, or else the firm should pay Kenya Re Sh6.5 billion and damages for breach of contract
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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heri wrote:i hope this is not among the assets in kenya Re's Bal sheet https://www.nation.co.ke...twitter_impression=true
Kenya Re has made a counterclaim against Scenaries Limited, asking for a fresh transfer of the title for the parcel it bought, or else the firm should pay Kenya Re Sh6.5 billion and damages for breach of contract I am lost in the story. What are the facts?: 1. Kenya re was sold fake 97 Acres of land for 550m by KANU mt. Kenya mafia i.e. all 550m lost; or 2. Kenya re bought 97 acres which included 5 Acre Karura land i.e. Kenya Re was only conned 5 acres but has genuine 92 acres? Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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VituVingiSana wrote:obiero wrote:Extraterrestrial wrote:Superprime1 wrote:I believe the 2019 EPS is based on the new number of issued shares i.e. it would've been higher at around 10.20, just as dividend would've been 0.40.... So how is the damn thing trading at its EPS? A basket case. Bandia firm. Unfortunate to have bought some Better the bandia firm that makes a profit and pays a dividend than... Luckily, KenyaRe is my only GoK-controlled firm and I am glad I got out of the rest. I'm jumping out of this ship, the risks have just escalated to levels unbearable
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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KenyaRe FY19 - FY23 (Both Inclusive)
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