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Pan Africa Insurance at sh 19
Wondergirl
#31 Posted : Tuesday, May 28, 2013 2:35:35 PM
Rank: Member

Joined: 9/12/2009
Posts: 312
mwekez@ji wrote:
Wondergirl wrote:
hisah wrote:
Wondergirl wrote:
guru267 wrote:
NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...

Im a buyer at 15 though¡

Sad I thought you said this thing might hit 80 bob on the short term. Now you are talking 15 bob!! I boght at 45, then I should bail out now ama?

guru's post was in 2012 when the market had nosedived from the 2011 KES collapse effects -

#3 Posted : Tuesday, January 17, 2012 9:35:43 PM


Thanks guys for your input- I'm 14% upside(less than what i wanted) plus not soo bad a dividend.
I wil sell now and get in later.
I leant very hard painful lessons with KQ- I won't wait to get there.



Karibu ... Where do you intend to park the money next?

My holding in Co operativebank is small- I might go ahead and add into it: how ever truth be said, I had mistaken this thread with another more recent one,( Where Madam Guru had talked of the 80 bob) so I might as well hold on.Its not like I'm pressed for liquidty.
On other news my other major holding(Williamson Tea) has decided to have nose dive today....
Kq I pretend that it doesn't exist on my Portifolio.
Mukiri
#32 Posted : Wednesday, May 29, 2013 12:44:49 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Wondergirl wrote:
mwekez@ji wrote:
Wondergirl wrote:
hisah wrote:
Wondergirl wrote:
guru267 wrote:
NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...

Im a buyer at 15 though¡

Sad I thought you said this thing might hit 80 bob on the short term. Now you are talking 15 bob!! I boght at 45, then I should bail out now ama?

guru's post was in 2012 when the market had nosedived from the 2011 KES collapse effects -

#3 Posted : Tuesday, January 17, 2012 9:35:43 PM


Thanks guys for your input- I'm 14% upside(less than what i wanted) plus not soo bad a dividend.
I wil sell now and get in later.
I leant very hard painful lessons with KQ- I won't wait to get there.



Karibu ... Where do you intend to park the money next?

My holding in Co operativebank is small- I might go ahead and add into it: how ever truth be said, I had mistaken this thread with another more recent one,( Where Madam Guru had talked of the 80 bob) so I might as well hold on.Its not like I'm pressed for liquidty.
On other news my other major holding(Williamson Tea) has decided to have nose dive today....
Kq I pretend that it doesn't exist on my Portifolio.

Help a lady on what to buy

Proverbs 19:21
guru267
#33 Posted : Friday, June 07, 2013 10:35:19 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Wondergirl wrote:
guru267 wrote:
Wondergirl wrote:
The investment and its "babies"is now safely in Panafrica Insurance smile


@Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance!

Sad Please explain- I'm slow in following the idex....


Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all....

Inotherwords the NSE does badly Pan africa does badly and vice versa! Sad
Mark 12:29
Deuteronomy 4:16
mwekez@ji
#34 Posted : Friday, June 07, 2013 10:48:08 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
guru267 wrote:
Wondergirl wrote:
guru267 wrote:
Wondergirl wrote:
The investment and its "babies"is now safely in Panafrica Insurance smile


@Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance!

Sad Please explain- I'm slow in following the idex....


Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all....

Inotherwords the NSE does badly Pan africa does badly and vice versa! Sad


NSE bull is ON therefore Panafric play is ON smile
Wondergirl
#35 Posted : Friday, June 07, 2013 11:23:24 AM
Rank: Member

Joined: 9/12/2009
Posts: 312
guru267 wrote:
Wondergirl wrote:
guru267 wrote:
Wondergirl wrote:
The investment and its "babies"is now safely in Panafrica Insurance smile


@Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance!

Sad Please explain- I'm slow in following the idex....


Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all....

Inotherwords the NSE does badly Pan africa does badly and vice versa! Sad



d'oh! Okay. I get it, I get it. Thanks.
Wondergirl
#36 Posted : Friday, June 07, 2013 11:25:18 AM
Rank: Member

Joined: 9/12/2009
Posts: 312
mwekez@ji wrote:
guru267 wrote:
Wondergirl wrote:
guru267 wrote:
Wondergirl wrote:
The investment and its "babies"is now safely in Panafrica Insurance smile


@Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance!

Sad Please explain- I'm slow in following the idex....


Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all....

Inotherwords the NSE does badly Pan africa does badly and vice versa! Sad


NSE bull is ON therefore Panafric play is ON smile


smile Alright. I have a target- Sh 80. I hope the bull takes me there. Thanks.
mibbz
#37 Posted : Sunday, June 16, 2013 6:14:23 PM
Rank: Member

Joined: 2/18/2011
Posts: 448
Read in yesterdays Saturday Nation budget highlights that treasury is proposing an ammendment to the insurance act to scrap the ceiling on foreign investor shareholding in local insurance companies which currently stands at 60%;this is to deepen penetration of insurance in the country via increased investment.....

My interpretation Sanlam can increase its shareholding in Pan Africa past the current aim of 60% while CFC Insurance shall also benefit from its Liberty Holdings link.....Perhaps a buy out is in the offing in the next 1 year

PS: Dont have a link as I have not seen that page in the online paper
dave.kim
#38 Posted : Sunday, June 16, 2013 9:06:35 PM
Rank: Member

Joined: 6/25/2010
Posts: 176
guru267 wrote:
Wondergirl wrote:
guru267 wrote:
Wondergirl wrote:
The investment and its "babies"is now safely in Panafrica Insurance smile


@Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance!

Sad Please explain- I'm slow in following the idex....


Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all....

Inotherwords the NSE does badly Pan africa does badly and vice versa! Sad

Aii!is there an insurance company that doesnt recognize quoted investments in the P&L?Angalia annual reports vizuri: 'Gain in value on quoted investments'
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
guru267
#39 Posted : Monday, June 17, 2013 3:16:21 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
dave.kim wrote:
guru267 wrote:
Wondergirl wrote:
guru267 wrote:
Wondergirl wrote:
The investment and its "babies"is now safely in Panafrica Insurance smile


@Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance!

Sad Please explain- I'm slow in following the idex....


Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all....

Inotherwords the NSE does badly Pan africa does badly and vice versa! Sad

Aii!is there an insurance company that doesnt recognize quoted investments in the P&L?Angalia annual reports vizuri: 'Gain in value on quoted investments'


@dave.Kim if you check properly such a thing does not exist on Kenya re's P&L!

Kenya re only includes it in "other comprehensive income" and this has no effect on EPS!!
Mark 12:29
Deuteronomy 4:16
dave.kim
#40 Posted : Monday, June 17, 2013 10:49:46 AM
Rank: Member

Joined: 6/25/2010
Posts: 176
guru267 wrote:
dave.kim wrote:
guru267 wrote:
Wondergirl wrote:
guru267 wrote:
Wondergirl wrote:
The investment and its "babies"is now safely in Panafrica Insurance smile


@Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance!

Sad Please explain- I'm slow in following the idex....


Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all....

Inotherwords the NSE does badly Pan africa does badly and vice versa! Sad

Aii!is there an insurance company that doesnt recognize quoted investments in the P&L?Angalia annual reports vizuri: 'Gain in value on quoted investments'


@dave.Kim if you check properly such a thing does not exist on Kenya re's P&L!

Kenya re only includes it in "other comprehensive income" and this has no effect on EPS!!

Check the footnotes for the breakdown of investment income for 2011 report. It is indicated as 'Reclassification from equity of accumulated fair value gain on
available for sale quoted equity instruments'. And then the same amount is later deducted through comprehensive income as 'Reclassification adjustments relating to
available-for-sale financial assets disposed in the year'. So it still affects bottom line
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
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