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Stanlib Fahari FY18
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Ebenyo
#21 Posted : Friday, May 03, 2019 1:17:14 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Superprime1 wrote:
xxxxx wrote:
Ebenyo wrote:
Balaa wrote:
@sparkly, did you get paid yet? I aint received nothing at my SCB unlike last year when they transferred promptly on 30th April.



True.last year they were faster.Maybe Labour day has caused the delay.


I suspect its because they changed registrars. Last year it was CDSC and this year it seems to be C&R
It's still CDSC, and it's a shame because we'd expect it to be better than all other registrars. It's claiming that there was a delay on Co-op Bank's side in dispatching EFTs and M-Pesa but apparently cheques have been dispatched. EFTs will hit the accounts today for Co-op while the rest of us will get tomorrow and Monday "depending on the bank".d'oh!



Applause Applause better late than never!
Towards the goal of financial freedom
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Pesa Nane
#22 Posted : Monday, May 06, 2019 2:04:28 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane wrote:
The distribution amounts to 75 cents per unit (2017: 75 cents per unit) and is payable by no later than 30 April 2019.


Ka-ching! smile
Pesa Nane plans to be shilingi when he grows up.
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Superprime1
#23 Posted : Monday, May 06, 2019 4:24:00 PM
Rank: Member

Joined: 5/2/2018
Posts: 267
Pesa Nane wrote:
Pesa Nane wrote:
The distribution amounts to 75 cents per unit (2017: 75 cents per unit) and is payable by no later than 30 April 2019.


Ka-ching! smile

Ndani. A week down the line. Unsure what part of "no later than 30 April 2019" the team involved never understood, as this is totally different from "on or about".
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Balaa
#24 Posted : Monday, May 06, 2019 6:30:25 PM
Rank: Member

Joined: 7/6/2018
Posts: 175
Location: Kinshasa
Applause finally.

Time to load up the truck!
If it don't make dollars, it don't make sense
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Ericsson
#25 Posted : Sunday, July 07, 2019 8:13:51 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
ICEA Lion Is Frontrunner to Buy Liberty’s Asset Manager in Kenya

ICEA Lion Group is the front-runner to acquire Liberty Holdings Ltd.’s asset management business in Kenya, according to people with knowledge of the matter.

The Kenyan financial-services firm is close to a deal for Stanlib Kenya Ltd., which could could see it replace Sanlam Investments East Africa Ltd. as the region’s top money manager, the people said, asking not to be identified because the matter is private.

Liberty is in talks to sell majority stakes in its health-insurance business and its asset-management operations in East and West Africa as the Johannesburg-based firm focuses on its home market. The firm’s property and casualty insurance units in Malawi and Namibia are also up for grabs as the company pushes ahead with plans to improve profitability and win back market share.

Stanlib Kenya has about 130 billion shillings under management ($1.2 billion), according to the company. An acquisition would propel ICEA, whose asset management unit oversees 125 billion shillings of assets, to the country’s top money manager.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#26 Posted : Sunday, July 07, 2019 11:40:11 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ericsson wrote:
ICEA Lion Is Frontrunner to Buy Liberty’s Asset Manager in Kenya

ICEA Lion Group is the front-runner to acquire Liberty Holdings Ltd.’s asset management business in Kenya, according to people with knowledge of the matter.

The Kenyan financial-services firm is close to a deal for Stanlib Kenya Ltd., which could could see it replace Sanlam Investments East Africa Ltd. as the region’s top money manager, the people said, asking not to be identified because the matter is private.

Liberty is in talks to sell majority stakes in its health-insurance business and its asset-management operations in East and West Africa as the Johannesburg-based firm focuses on its home market. The firm’s property and casualty insurance units in Malawi and Namibia are also up for grabs as the company pushes ahead with plans to improve profitability and win back market share.

Stanlib Kenya has about 130 billion shillings under management ($1.2 billion), according to the company. An acquisition would propel ICEA, whose asset management unit oversees 125 billion shillings of assets, to the country’s top money manager.
If it happens then Fahari REIT would become a Ndegwa Fahari REIT?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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tandich
#27 Posted : Friday, November 08, 2019 9:32:02 AM
Rank: Member

Joined: 5/6/2008
Posts: 199
Confirmed

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Balaa
#28 Posted : Friday, November 08, 2019 10:06:46 AM
Rank: Member

Joined: 7/6/2018
Posts: 175
Location: Kinshasa
What does this portend?
If it don't make dollars, it don't make sense
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sparkly
#29 Posted : Friday, November 08, 2019 10:31:43 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
Ericsson wrote:
ICEA Lion Is Frontrunner to Buy Liberty’s Asset Manager in Kenya

ICEA Lion Group is the front-runner to acquire Liberty Holdings Ltd.’s asset management business in Kenya, according to people with knowledge of the matter.

The Kenyan financial-services firm is close to a deal for Stanlib Kenya Ltd., which could could see it replace Sanlam Investments East Africa Ltd. as the region’s top money manager, the people said, asking not to be identified because the matter is private.

Liberty is in talks to sell majority stakes in its health-insurance business and its asset-management operations in East and West Africa as the Johannesburg-based firm focuses on its home market. The firm’s property and casualty insurance units in Malawi and Namibia are also up for grabs as the company pushes ahead with plans to improve profitability and win back market share.

Stanlib Kenya has about 130 billion shillings under management ($1.2 billion), according to the company. An acquisition would propel ICEA, whose asset management unit oversees 125 billion shillings of assets, to the country’s top money manager.
If it happens then Fahari REIT would become a Ndegwa Fahari REIT?


"Ndegwa" means Bull. The markets have treated them well. A lesson that names influence how people turn out.
Life is short. Live passionately.
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wukan
#30 Posted : Friday, November 08, 2019 10:44:24 AM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,653
Balaa wrote:
What does this portend?


In terms of real estate the ICEA/Ndegwa is solid. They have prime real estate in the city together with accumulated market experience going back decades. That means a better experienced driver to drive the bus forward.
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