VituVingiSana wrote:[quote=Ericsson]“Kenya Re’s operating results during the first nine months of 2016 were ahead of those achieved during the same period of 2015"
In light of Kenya-Re's need for more capital coupled with its almost "dislike" for borrowed funds, I would venture to say that I envisage an issuing of bonus shares. A 2011 deja vu experience might very well be in the offing for the stockholders.
Bonus shares add no value but simply a movement of numbers from one line to another.
The only insurance counter in my portfolio.i hope for the best.
Towards the goal of financial freedom