A wanting business model.. But I wish the investors all the best

Soo true

The company has benefitted shareholders more than others which have sucked and drained them

It's up more than 280%.
I bet there are less than 10 firms which have accomplished that.
It’s even done better than the second in rank in terms of mkt cap

I agree. It's easy money. However, I'm not so sure management are great at what they do, I feel there are too many propped up profits YoY by revaluation reserves, lack of innovation and lack of the drive factor. I bet u 50 bob if the mandatory cessation was lifted, this firm will run into losses in its current form.

Please don't mistake this for Berkshire. Buffett and Munger are legends as we all agree. These chaps at KNRE are just too lethargic.

Nonetheless, this should be a good year for KNRE due to NSE performance

@Obiero
Up 280% in span of 10 years and consistent dividend.
What are you basing your appreciation on.
I'm looking at share price at that time and mkt cap.
CIC wasn't listed at that time. Since listing the mkt cap valuation at date is yet to double.
WTK not yet
CFC nope

Isorait to bash a firm that is profitable year in and year out! ;-)

In the meantime, let KenRe make money! [2017 will be a tough year with all the negative economic drama going on]

I take the long view [think Buffett] and to quote Warren Buffett: “Long ago, Ben Graham taught me that ‘Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”

Well put!

My quotes/comments are often taken out of context by said questioner. I like KenRe currently but I will change my mind like I did with KQ if I smell something fishy. Firms have good and bad years but a good firm delivers over time.

Warren Buffett has greatly influenced my investing style. He isn't always right, acknowledges errors and plods along making (usually) good investments with a long-term view. I hope to do the same. Not get rich quick schemes.

I have written at length why I think KenRe is a good firm despite GoK's ownership/control BUT fishiness should not be tolerated.

I also have Unga, which is in a tough industry, and took the decision to write-off huge Bad Debts in FY 2016-17. In addition, there was a write-down of goodwill too for Ennsvalley. Plus the write-down of the UG business. I like to see firms acknowledge screw-ups & learn from their errors.

KK has been discussed as well and how Ohana has written off KPRL's debt owed to KK.

So I hope KenRe also provides for past due debts [they say they have done so] beyond a reasonable period. It should also write-off all assets that aren't in KenRe's name e.g. shady land deals done in the past.

KenRe should concentrate on high yielding bonds, cheap(er) shares & increasing profitable underwriting. Slow but steady.

Watu maskini hupenda utajiri ije pole pole. Young people cannot apply @vvs investment philosophy. One will end up issuing an inheritance of 5,000 KENRE shares which will serve no good. Tutengeneza pesa haraka when still young

The old man says at least here he hasn't lost money here and isn't been requested to pump money into the business.