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Kenya Re - what gives?
mypesa
#251 Posted : Monday, April 28, 2014 1:01:28 PM
Rank: Member

Joined: 8/14/2007
Posts: 111
jerry wrote:
Ericsson wrote:
Kesho tutajua matokea ya mwaka uliopita

I thought it was today.

Scared they may issue profit warning 24hrs before fy results release .
If the westgate /JKIA payout isn't factored in last yrs results then expect good results partially coz most stocks where Kenyare has invested did exceptionally well last yr .
Disclaimer : solely my theory based of IF
Even In The Most Severe Drought In The Jungle Lions Will Never Feed On Grass.
Cde Monomotapa
#252 Posted : Monday, April 28, 2014 2:10:51 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
#53 Posted : Sunday, November 17, 2013 4:30:02AM

Cde Monomotapa wrote:
OK. The alleged revelation came as a flash when reading the Report-of-the-Presidential-Task-force-on-Parastatal-Reforms released on Tuesday in the pm.

On page 139 it says;

There is also a need for the Ministry of Health to accord the Board operational autonomy and ensure that it operates the Fund like any other medical scheme. In this regard it is recommended that:

i. The National Hospital Insurance Fund should be allowed to operate like any other medical insurance service provider for its members and should be restructured to fully comply with the Insurance Act.

ii. The Fund should be regulated by Insurance Regulatory Authority.

Proposed Timeline: By December 2013

So what popped in my mind was whether NHIF being reformed and regulated under the Insurance Act means it has to re-insure like all other players? Is it already re-insured in its current form or are shortfalls covered by the exchequer? (needs answers, help!)

So you see it is speculative as the recommendations could go either way, but I believe it will be implemented as one of Jubilee's pledges of universal health care for all - Obama, sorry, Jubilee Care smile

Look here for NHIF's latest numbers, not bad: http://www.nhif.or.ke/he...=default&page=&

And the task force report: http://www.scribd.com/do...e-on-Parastatal-Reforms

Your thoughts? Thanks.


SPECIAL CABINET MEETING - 2014. 27TH APRIL

Leasing of medical equipment/facilities malaria control and vector borne and other diseases, and restructuring NHIF at approximately over Kshs. 5 billion.
Read more: http://www.scribd.com/do...t-Brief-27th-April-2014
murchr
#253 Posted : Monday, April 28, 2014 4:44:41 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
mypesa wrote:
jerry wrote:
Ericsson wrote:
Kesho tutajua matokea ya mwaka uliopita

I thought it was today.

Scared they may issue profit warning 24hrs before fy results release .
If the westgate /JKIA payout isn't factored in last yrs results then expect good results partially coz most stocks where Kenyare has invested did exceptionally well last yr .
Disclaimer : solely my theory based of IF


Why not sell
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Ericsson
#254 Posted : Monday, April 28, 2014 5:02:22 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
In about 16 hours including sleep time the results will be out for all to see.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
jerry
#255 Posted : Monday, April 28, 2014 10:07:05 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Ericsson wrote:
In about 16 hours including sleep time the results will be out for all to see.

Now 11 hrs to go!
The opposite of courage is not cowardice, it's conformity.
nashx
#256 Posted : Monday, April 28, 2014 10:29:29 PM
Rank: Member

Joined: 2/28/2014
Posts: 188
Location: Nairobi
jerry wrote:
Ericsson wrote:
In about 16 hours including sleep time the results will be out for all to see.

Now 11 hrs to go!


I cant wait...Pray Pray If they are good we might see a rally in this share
Offering my personal finance knowledge for free
VituVingiSana
#257 Posted : Tuesday, April 29, 2014 4:17:19 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
nashx wrote:
jerry wrote:
Ericsson wrote:
In about 16 hours including sleep time the results will be out for all to see.

Now 11 hrs to go!


I cant wait...Pray Pray If they are good we might see a rally in this share
And if they are not good? d'oh! d'oh! d'oh! [Though I hope they are very good]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
murchr
#258 Posted : Tuesday, April 29, 2014 6:59:38 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
50c div
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
georgegop
#259 Posted : Thursday, May 08, 2014 4:05:09 PM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
When is Kenya Re closing books for dividend payment??
Don't Work for Money, Let Money Work for You..
Cde Monomotapa
#260 Posted : Friday, May 16, 2014 7:50:30 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
georgegop wrote:
When is Kenya Re closing books for dividend payment??


AGM 13th June.

Div: 60cts Ex-div: 13th June. Pay out: 18th July 2014.

Annual Report, FY2013: http://www.kenyare.co.ke...;gid=121&Itemid=444

Cheers.

Sneak preview of things to come: Kenyan Insurers reap from oil and gas boom http://ow.ly/wO5Qf #insurance #Kenya #oilandgas #Africa #Energy
60 Pages«<2425262728>»
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