Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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gatoho wrote:BGL wrote:Of all my investments, the only 'swala' i got is FEP holdings and I think I will be left holding a mongoose at some point .... I think I did not do due diligence when I bought it. Anyway, I got the share certificate. however, I do realise in this place a certificate may translate to a piece of paper. I do not trust these FEP people. Given a chance I will sell my shareholding in FEP even at a loss. Anyone thinking of buying this share......beware. BGL there was a thread here on wazua years back that dissuaded me and I gotta thank this forum for that as well as bringing this to my attention. . History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Member Joined: 12/21/2009 Posts: 602
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UNAITAS is also going gangbusters with insurance (crop, car, livestock, building, SME etc). I am intrigued by their health insurance in particular. No age limits and no penalty for existing conditions. If you have ever tried to buy health insurance for a parent, you know this is impossible. So this might be an unmet need. But I know the insurance sector less than I know banking. Any thoughts from those in the know? I could not find anything on their 2014 report about this venture
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Rank: Member Joined: 1/1/2010 Posts: 518 Location: kandara, Murang'a
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Dahatre wrote:UNAITAS is also going gangbusters with insurance (crop, car, livestock, building, SME etc). I am intrigued by their health insurance in particular. No age limits and no penalty for existing conditions. If you have ever tried to buy health insurance for a parent, you know this is impossible. So this might be an unmet need. But I know the insurance sector less than I know banking. Any thoughts from those in the know? I could not find anything on their 2014 report about this venture I had tried to get my mum insurance for last 8-9 years to no avail.. wouldn't let this pass Foresight..
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Rank: Member Joined: 12/21/2009 Posts: 602
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Please let us know what you find out about rates etc. It sounds like the sticking/tricky point might be outpatient care since they say that they cover 100% of the inpatient expenses. gatoho wrote:
I had tried to get my mum insurance for last 8-9 years to no avail.. wouldn't let this pass
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Rank: Member Joined: 6/26/2008 Posts: 384
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Aguytrying wrote:MaichBlack wrote:Aguytrying wrote:sasa hata wakizima taa, I've done good damage
Wewe!!!! Musizime taa. Bado niko nje!!! Planning to get in by December! Want to buy/add on two or three stocks the UNAITAS. Kuingia Novembet/December kwa fujo then qualify for dividends mara hiyo hiyo. Then reinvest the kids. Stima ikizimwa before then I will get a mini heart attack!!! In April at cardinal branch I was told about 3 months remaining. I know the closure date has been a moving target like mayweather( ask pacquiao) but its the only prediction we have had for a while. Nimelemewa, I'm not sure what I should focus my energies and monies on: UNAITAS, NSE ama kaplot. What can wait and what can't wait? 
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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xtina wrote:Aguytrying wrote:MaichBlack wrote:Aguytrying wrote:sasa hata wakizima taa, I've done good damage
Wewe!!!! Musizime taa. Bado niko nje!!! Planning to get in by December! Want to buy/add on two or three stocks the UNAITAS. Kuingia Novembet/December kwa fujo then qualify for dividends mara hiyo hiyo. Then reinvest the kids. Stima ikizimwa before then I will get a mini heart attack!!! In April at cardinal branch I was told about 3 months remaining. I know the closure date has been a moving target like mayweather( ask pacquiao) but its the only prediction we have had for a while. Nimelemewa, I'm not sure what I should focus my energies and monies on: UNAITAS, NSE ama kaplot. What can wait and what can't wait? Depends on you. What do you treat as dire ... something urgent or something important or something necessary , If its something urgent then UNAITAS because it might close anytime , if asomething important rthen you do ka prot , if something nnecessary then nse . Different people have different priority levels
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Rank: Member Joined: 1/1/2010 Posts: 518 Location: kandara, Murang'a
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Dahatre wrote:Please let us know what you find out about rates etc. It sounds like the sticking/tricky point might be outpatient care since they say that they cover 100% of the inpatient expenses. gatoho wrote:
I had tried to get my mum insurance for last 8-9 years to no avail.. wouldn't let this pass
Tbh I didn't read fine print. Britam et AL had rejected her on age alone, so when accepted I grabbed it. Seems to be a catch on the accredited hospitals Foresight..
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Rank: Member Joined: 12/21/2009 Posts: 602
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@gatoho sikuelewi.. Are you saying you bought her the insurance already? gatoho wrote:
Tbh I didn't read fine print. Britam et AL had rejected her on age alone, so when accepted I grabbed it. Seems to be a catch on the accredited hospitals
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Rank: Member Joined: 1/4/2013 Posts: 255
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Buyimg shares just because the offer is about to close doesn't make a strong indication to buy. How many shares have they issued out? I can't seem to find that bit of info and curious how the rest of you are analysing this share
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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its2013 wrote:Buyimg shares just because the offer is about to close doesn't make a strong indication to buy. How many shares have they issued out? I can't seem to find that bit of info and curious how the rest of you are analysing this share "whatever things are worthy..."! UNAITAS is one such thing at the moment. Unless there was manipulation it's only a good "company" that can pay 8% dvd in a year that share capital more than doubled. Give me the cash and I'll put it nowhere else!! The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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its2013 wrote:Buyimg shares just because the offer is about to close doesn't make a strong indication to buy. How many shares have they issued out? I can't seem to find that bit of info and curious how the rest of you are analysing this share business daily wrote:Unaitas Sacco’s total share capital increased to Sh1.44 billion in 2014 from Sh693 million a year earlier as a result of an aggressive membership recruitment drive that has resulted in members increasing by 43 per cent to 200,000 from 140,000 over the same period. Do the math"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
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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jerry wrote:[quote=its2013]Buyimg shares just because the offer is about to close doesn't make a strong indication to buy. How many shares have they issued out? I can't seem to find that bit of info and curious how the rest of you are analysing this share "whatever things are worthy..."! UNAITAS is one such thing at the moment. Unless there was manipulation it's only a good "company" that can pay 8% dvd in a year that share capital more than doubled. Give me the cash and I'll put it nowhere else!![/quote you nailed it Jerry]
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Rank: New-farer Joined: 9/25/2012 Posts: 58 Location: kenia
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business daily wrote:Unaitas Sacco’s total share capital increased to Sh1.44 billion in 2014 from Sh693 million a year earlier as a result of an aggressive membership recruitment drive that has resulted in members increasing by 43 per cent to 200,000 from 140,000 over the same period. Do the math[/quote] 1.44B/10 = 144 Millions shares, Who know their share capital target if are still recruiting members.
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Rank: Member Joined: 1/1/2010 Posts: 518 Location: kandara, Murang'a
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Dahatre wrote:@gatoho sikuelewi.. Are you saying you bought her the insurance already? gatoho wrote:
Tbh I didn't read fine print. Britam et AL had rejected her on age alone, so when accepted I grabbed it. Seems to be a catch on the accredited hospitals
Yes I did buy her, but am realising it's only good in a few dispensaries.. Foresight..
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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young farmer wrote:business daily wrote:Unaitas Sacco’s total share capital increased to Sh1.44 billion in 2014 from Sh693 million a year earlier as a result of an aggressive membership recruitment drive that has resulted in members increasing by 43 per cent to 200,000 from 140,000 over the same period. Do the math 1.44B/10 = 144 Millions shares, Who know their share capital target if are still recruiting members. [/quote] still open....no closing window yet...No one wants Birrions to go away. Actually they may need to have 4B in capital. Lets wait and see. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Member Joined: 1/4/2013 Posts: 255
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Boris Boyka wrote:young farmer wrote:business daily wrote:Unaitas Sacco’s total share capital increased to Sh1.44 billion in 2014 from Sh693 million a year earlier as a result of an aggressive membership recruitment drive that has resulted in members increasing by 43 per cent to 200,000 from 140,000 over the same period. Do the math 1.44B/10 = 144 Millions shares, Who know their share capital target if are still recruiting members. still open....no closing window yet...No one wants Birrions to go away. Actually they may need to have 4B in capital. Lets wait and see.[/quote] So as we buy we are buying into an ongoing dilutuon whose rate we do not know.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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its2013 wrote:Boris Boyka wrote:young farmer wrote:business daily wrote:Unaitas Sacco’s total share capital increased to Sh1.44 billion in 2014 from Sh693 million a year earlier as a result of an aggressive membership recruitment drive that has resulted in members increasing by 43 per cent to 200,000 from 140,000 over the same period. Do the math 1.44B/10 = 144 Millions shares, Who know their share capital target if are still recruiting members. still open....no closing window yet...No one wants Birrions to go away. Actually they may need to have 4B in capital. Lets wait and see. So as we buy we are buying into an ongoing dilutuon whose rate we do not know.[/quote] Given their confirmed banking intent and ambitions to fund major projects... www.businessdailyafrica....4/-/a93m0sz/-/index.html and www.allafrica.com/stories/201409100235.html it would be prudent to get enough cash for strong muscles before closing window as opposed to closing window now then have a cash call in two years time...My take. That said...BUY. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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its2013 wrote:Boris Boyka wrote:young farmer wrote:business daily wrote:Unaitas Sacco’s total share capital increased to Sh1.44 billion in 2014 from Sh693 million a year earlier as a result of an aggressive membership recruitment drive that has resulted in members increasing by 43 per cent to 200,000 from 140,000 over the same period. Do the math 1.44B/10 = 144 Millions shares, Who know their share capital target if are still recruiting members. still open....no closing window yet...No one wants Birrions to go away. Actually they may need to have 4B in capital. Lets wait and see. So as we buy we are buying into an ongoing dilutuon whose rate we do not know.[/quote] Now that I'm in I also think there ought to be a "definite' period of capital mobilization. The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 12/21/2009 Posts: 602
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@gatoho Can you share some insights on the nature of the policy? premiums, deductibles etc? Yeah the number of clinics in their panel within Nairobi seems limited. There is also only a handful of inpatient hospitals and I have no idea whether these are even good/quality hospitals. The major hospitals seems to be missing from their panel. gatoho wrote:
Yes I did buy her, but am realising it's only good in a few dispensaries..
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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I am told some of these organisations have class A and class B shares what is the stucture at Unaitas
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