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Kenya Re Insurance Undervalued
selah
#11 Posted : Wednesday, April 13, 2011 11:04:34 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
sparkly wrote:
amolo wrote:
Best of luck, you'll need it if you want to put your money in Kenya Re. Maybe you also diversify a bit to Eveready and AK.. if you are determined to commit suicide, you need more than one noose!

Considering their substancial investment in real estate and the nse, i belief there is a lot of upside potential.


The last time I checked Kenya RE had a restriction on investment on fixed assets[real estate]... [something to do with a limit of 35% of its assets]

Investment in shares in the NSE should not be something to look forward to in the short term, given that we are headed to an uncertain future due to upcoming elections and Hague proceedings, which might impact negatively on the NSE due to foreign investors getting jittery.



'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
youcan'tstopusnow
#12 Posted : Wednesday, April 13, 2011 11:42:28 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
the deal wrote:
hahaha @youcant dnt crack me its still 9AM...lets hope they dont have any of those....Unga included...i rmbr how Wazua eagerly anticipated Ugali first dividend in a century...quick stats: in 2009 their financial assets had a loss of 284M Ksh

I think they were among the top 10 shareholders of KCB at the time of the rights issue. Let's hope they took up their rights (or more)
GOD BLESS YOUR LIFE
erifloss
#13 Posted : Wednesday, April 13, 2011 12:01:38 PM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
Whatever happened to Jubilee's insurance biz might happen to them as they had and still have one common problem, prescence in Ivory Coast.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
the deal
#14 Posted : Wednesday, April 13, 2011 12:42:22 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Ofcourse Kenya Re is among the top 10 shareholders in EABL and KCB...
miser
#15 Posted : Wednesday, April 13, 2011 4:13:40 PM
Rank: Member

Joined: 7/7/2008
Posts: 124
Huenda ni nyani lachanwa hapa na kupakwa mafuta!Lakini kama mfanyi kazi hii atafaulu,nadhani nitafaidika kwani katika ghala langu,hawa nyani wapo tele!Na kwa wale pengine wameungana nasi hivi karibuni na hawana habari nyani ninaye mtaja hapa ni yupi,basi hadithi ndio hii ifuatayo...lakini tahadhari ni kwamba, cheka tu mpaka wakati ule utakuta hawa nyani wakikukondolea macho katika ghala lako..hapo ndipo utatililikwa na machozi ndo! ndo! ndo!

"Once upon a time, in a place overrun with monkeys, a trader appeared and announced to the villagers that he would buy monkeys for Ksh.100 each. The villagers’ response was overwhelming! The trader bought thousands of monkeys at Ksh.100 and as supply diminished, they became harder to catch, so the villagers relaxed.

The man hiked the price to Ksh.200 for each one. This renewed the efforts of the villagers! But soon the supply diminished further and became harder to catch.The people started going back to their farms and forgot about the monkey business(pun intended)!

The trader increased his price to Ksh.250 each and the supply of monkeys became so scarce that it was an effort to even see a monkey, much less to catch one. The trader now hiked the price to Ksh.500! However, he had to go to the city on some business errand; his assistant a.k.a broker would now buy on his behalf.

While the trader was away, the broker told the villagers, “Look at all these monkeys in the cage that my boss has bought.I will sell them to you at Ksh.350 each and when he returns from the city, you can sell them to him for Ksh.500 each!” With gusto and an eye for a profit,the villagers pooled up(Chamad) all their savings and bought all the monkeys in the cage. And the waiting begun….. only plenty of monkeys they(villagers) could see everywhere but neither the trader nor his broker!"

Aliye na wakati na atafsiri hii ngano!
Layman
#16 Posted : Wednesday, April 13, 2011 6:09:16 PM
Rank: Member

Joined: 9/21/2006
Posts: 422
Location: Nairobi
.....someone had posted this thing here sometimes back
jerry
#17 Posted : Wednesday, April 13, 2011 8:14:36 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Layman wrote:
.....someone had posted this thing here sometimes back

>>hii ni stori tu. I'm buying KenyaRe in droves!
The opposite of courage is not cowardice, it's conformity.
the deal
#18 Posted : Friday, April 15, 2011 11:12:08 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
News just reaching me...Kenya Re finally has appointed a new MD
For Sport
#19 Posted : Friday, April 15, 2011 11:21:39 AM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
the deal wrote:
News just reaching me...Kenya Re finally has appointed a new MD

who?
the deal
#20 Posted : Friday, April 15, 2011 11:35:08 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
For Sport wrote:
the deal wrote:
News just reaching me...Kenya Re finally has appointed a new MD

who?

Mr Jadiah Mwarania he is no more acting MD...he has taken over permanantly...they must be satisfied with what he has done.
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