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Kenya Re HY2017
Rank: Elder Joined: 6/23/2009 Posts: 13,501 Location: nairobi
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nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in Kaa huko KQ! Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,501 Location: nairobi
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sparkly wrote:obiero wrote:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in Kaa huko KQ! What's with the negativity. Do I owe you money or something
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:obiero wrote:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in Kaa huko KQ! What's with the negativity. Do I owe you money or something We are positively telling you to stay in young man's KQ. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,501 Location: nairobi
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sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in Kaa huko KQ! What's with the negativity. Do I owe you money or something We are positively telling you to stay in young man's KQ. OK. Thanks for the best wishes
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in Kaa huko KQ! What's with the negativity. Do I owe you money or something We are positively telling you to stay in young man's KQ. OK. Thanks for the best wishes Tuongee constructive discussion about Kenya re Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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obiero wrote:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in The returns are so slow. This year if it doesn't do 70% return it should be classified as doo stock. 70% return means share price to trade at 31. 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:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in The returns are so slow. This year if it doesn't do 70% return it should be classified as doo stock. 70% return means share price to trade at 31. Kenya Re is a low beta stock. When other stocks were swinging south, it stayed put. Many stocks are still to reach their levels before the bear. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,501 Location: nairobi
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sparkly wrote:Ericsson wrote:obiero wrote:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in The returns are so slow. This year if it doesn't do 70% return it should be classified as doo stock. 70% return means share price to trade at 31. Kenya Re is a low beta stock. When other stocks were swinging south, it stayed put. Many stocks are still to reach their levels before the bear. Negative growth is not low beta, just a bad stock with little to none potential of reaching KES 31
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:Ericsson wrote:obiero wrote:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in The returns are so slow. This year if it doesn't do 70% return it should be classified as doo stock. 70% return means share price to trade at 31. Kenya Re is a low beta stock. When other stocks were swinging south, it stayed put. Many stocks are still to reach their levels before the bear. Negative growth is not low beta, just a bad stock with little to none potential of reaching KES 31 Shareholder funds grew by 7.4% through HY 2017 in an economy that is growing at 5.3%. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,501 Location: nairobi
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sparkly wrote:obiero wrote:sparkly wrote:Ericsson wrote:obiero wrote:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in The returns are so slow. This year if it doesn't do 70% return it should be classified as doo stock. 70% return means share price to trade at 31. Kenya Re is a low beta stock. When other stocks were swinging south, it stayed put. Many stocks are still to reach their levels before the bear. Negative growth is not low beta, just a bad stock with little to none potential of reaching KES 31 Shareholder funds grew by 7.4% through HY 2017 in an economy that is growing at 5.3%. So what was the average NSE return??
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:Ericsson wrote:obiero wrote:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in The returns are so slow. This year if it doesn't do 70% return it should be classified as doo stock. 70% return means share price to trade at 31. Kenya Re is a low beta stock. When other stocks were swinging south, it stayed put. Many stocks are still to reach their levels before the bear. Negative growth is not low beta, just a bad stock with little to none potential of reaching KES 31 Shareholder funds grew by 7.4% through HY 2017 in an economy that is growing at 5.3%. So what was the average NSE return?? What is the connection between: 1. Macro economics i.e. whole country economic performance; 2. Company fundamentals i.e.specific company financial perfomance; and 3. Index i.e. a running tracking of asset class performance? Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,501 Location: nairobi
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sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:Ericsson wrote:obiero wrote:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in The returns are so slow. This year if it doesn't do 70% return it should be classified as doo stock. 70% return means share price to trade at 31. Kenya Re is a low beta stock. When other stocks were swinging south, it stayed put. Many stocks are still to reach their levels before the bear. Negative growth is not low beta, just a bad stock with little to none potential of reaching KES 31 Shareholder funds grew by 7.4% through HY 2017 in an economy that is growing at 5.3%. So what was the average NSE return?? What is the connection between: 1. Macro economics i.e. whole country economic performance; 2. Company fundamentals i.e.specific company financial perfomance; and 3. Index i.e. a running tracking of asset class performance? Hii kizungu mingi ya catwalk sitaki.. Many stocks performance was better than KENRE. Period
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:Ericsson wrote:obiero wrote:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in The returns are so slow. This year if it doesn't do 70% return it should be classified as doo stock. 70% return means share price to trade at 31. Kenya Re is a low beta stock. When other stocks were swinging south, it stayed put. Many stocks are still to reach their levels before the bear. Negative growth is not low beta, just a bad stock with little to none potential of reaching KES 31 Shareholder funds grew by 7.4% through HY 2017 in an economy that is growing at 5.3%. So what was the average NSE return?? What is the connection between: 1. Macro economics i.e. whole country economic performance; 2. Company fundamentals i.e.specific company financial perfomance; and 3. Index i.e. a running tracking of asset class performance? Hii kizungu mingi ya catwalk sitaki.. Many stocks performance was better than KENRE. Period Be humble, you will get it with a bit a research. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,501 Location: nairobi
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sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:Ericsson wrote:obiero wrote:nashx wrote:Ericsson wrote:31 December 2016,kenya re closed at 22.50
2 January 2017 it opened at 22.50
29 December 2017 kenya re closes at 18.10
Negative 19.5% for the year.
Maybe next year it does a 70% appreciation Some of us bought at 17 bob hence why I thought it just stagnated I kept telling you guys. This is an old man's stock. People like @vvs who love stability.. I was once a shareholder and I made my returns but I can't go back in The returns are so slow. This year if it doesn't do 70% return it should be classified as doo stock. 70% return means share price to trade at 31. Kenya Re is a low beta stock. When other stocks were swinging south, it stayed put. Many stocks are still to reach their levels before the bear. Negative growth is not low beta, just a bad stock with little to none potential of reaching KES 31 Shareholder funds grew by 7.4% through HY 2017 in an economy that is growing at 5.3%. So what was the average NSE return?? What is the connection between: 1. Macro economics i.e. whole country economic performance; 2. Company fundamentals i.e.specific company financial perfomance; and 3. Index i.e. a running tracking of asset class performance? Hii kizungu mingi ya catwalk sitaki.. Many stocks performance was better than KENRE. Period Be humble, you will get it with a bit a research. Humility belongs to Jesus. I do research when I want, not when unknown people ask for data
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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Ebenyo here you go Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Ericsson wrote:Ebenyo here you go thanks Ericsson.Nimeitafuta sana. Towards the goal of financial freedom
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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These figures from HY results are good response to those who are critical of Kenya Re. 1.investment in corporate bonds-kshs 479,894,000 2.investment in equity instruments-kshs2,205,112,000 3.investment in Govt securities-kshs 11,924,950,000 not many companies come near this. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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Counter is a safe haven during times of crisis/selloffs like today Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Quote:AM Best downgrades Kenya Re’s Rating AM Best downgraded Kenya Re’s financial strength rating to B(fair) from B+ (good) while long term issuer rating was downgraded to bb+ from bbb-. This was brought about by the rating company’s concern over the effectiveness of Kenya Re’s enterprise risk management given expected business growth and the increasing competition sophistication in the reinsurance industry. In addition, AM Best states that it has uncertainties relating to the company’s ability to grow its capital resources at the same rate that it increases revenue over the long term. AM Best categorizes Kenya Re’s balance sheet strength as very strong supported by adequate operating performance and a cession of 20.0% in Kenya, this is however offset by a weaker competitive position. (AM Best & DBIB Research). Pesa Nane plans to be shilingi when he grows up.
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