Wazua
»
Investor
»
Stocks
»
Kenya Re - what gives?
Rank: Chief Joined: 1/3/2007 Posts: 18,120 Location: Nairobi
|
faa wrote:www.businessdailyafrica.com/Corporate-News/Kenya-Re-eyes-new-deals-after-ATI-stake-acquisition/-/539550/2430524/-/xkix5hz/-/index.html $1mn for 0.55% is negligible in the grand scheme... Unless, it is a small bite to taste the cake before buying a larger piece. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Interesting activity on this laggard. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Member Joined: 6/15/2013 Posts: 301
|
murchr wrote:Interesting activity on this laggard. Tell us details
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
|
This counter needs rebasing to sort out it's extremely low share price appreciation. All insurance counters have rallied apart from it. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Member Joined: 1/4/2013 Posts: 255
|
Good point 
|
|
|
Rank: Member Joined: 9/12/2014 Posts: 120 Location: Nyali
|
Ericsson wrote:This counter needs rebasing to sort out it's extremely low share price appreciation.
All insurance counters have rallied apart from it. if you look well into the matter,you will realize there is a reason for rallying up of these other counters..KenyaRe needs a shot in the arm for it to awaken,but who's gona do that?
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
When Kenya Re wakes up, the move will be very sharp to the thirties... Ngoja tu Life is short. Live passionately.
|
|
|
Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
|
sparkly wrote:When Kenya Re wakes up, the move will be very sharp to the thirties... Ngoja tu if compulsory contribution is extended which is about to come to an end, a serious rally will be witnessed There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,120 Location: Nairobi
|
littledove wrote:sparkly wrote:When Kenya Re wakes up, the move will be very sharp to the thirties... Ngoja tu if compulsory contribution is extended which is about to come to an end, a serious rally will be witnessed If it is extended. Why should it be extended? What about EAC rules? Or PTA rules? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
|
VituVingiSana wrote:littledove wrote:sparkly wrote:When Kenya Re wakes up, the move will be very sharp to the thirties... Ngoja tu if compulsory contribution is extended which is about to come to an end, a serious rally will be witnessed If it is extended. Why should it be extended? What about EAC rules? Or PTA rules? what about the two rules @vitu, kindly enlighten me, personally as a shareholder I feel an extention is in order There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
VituVingiSana wrote:littledove wrote:sparkly wrote:When Kenya Re wakes up, the move will be very sharp to the thirties... Ngoja tu if compulsory contribution is extended which is about to come to an end, a serious rally will be witnessed If it is extended. Why should it be extended? What about EAC rules? Or PTA rules? IMO Kenya Re has demonstrated that they can do without the Compulsory Re-insurance. Life is short. Live passionately.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,120 Location: Nairobi
|
littledove wrote:VituVingiSana wrote:littledove wrote:sparkly wrote:When Kenya Re wakes up, the move will be very sharp to the thirties... Ngoja tu if compulsory contribution is extended which is about to come to an end, a serious rally will be witnessed If it is extended. Why should it be extended? What about EAC rules? Or PTA rules? what about the two rules @vitu, kindly enlighten me, personally as a shareholder I feel an extention is in order I do not know if there are EAC or PTA/COMESA rules about 'Compulsory Insurance' but just as there are limits to 'sugar safeguards' there may be rules that don't allow protection for Re-insurers. Again, I was asking a question. The 60% GoK holding may be the millstone if KenRe needs GoK permission to expand into other areas of investment or expansion due to the slow approvals reminiscent of how government works. That said... there IS a discount on KenRe on many metrics including P/B and PER. And @VVS likes discounts. And Warren Buffett. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Member Joined: 5/14/2014 Posts: 288 Location: nairobi
|
only problem with knre is the majority gava share holding.gava will screw up investors anytime through roadside announcements. I find satisfaction in owning great business,not trading them
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
target1360 wrote:only problem with knre is the majority gava share holding.gava will screw up investors anytime through roadside announcements. Not really, i think the poor div history is the problem. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
|
I was going through my past records of shares i have bought
I noted that in Dec 2007 i had bought Kenya Re at sh 17.
That is 7 years ago!! and what is it trading at today?
I cannot understand this share anymore
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
sparkly wrote:VituVingiSana wrote:littledove wrote:sparkly wrote:When Kenya Re wakes up, the move will be very sharp to the thirties... Ngoja tu if compulsory contribution is extended which is about to come to an end, a serious rally will be witnessed If it is extended. Why should it be extended? What about EAC rules? Or PTA rules? IMO Kenya Re has demonstrated that they can do without the Compulsory Re-insurance. @sparkly, how has kenya re demonstrated that? What is the percentage of compulsory re-insurance business/revenue to the total business/revenue?
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
heri wrote:I was going through my past records of shares i have bought
I noted that in Dec 2007 i had bought Kenya Re at sh 17.
That is 7 years ago!! and what is it trading at today?
I cannot understand this share anymore This is what happened, the share has since declined to 7 bob and then its back up. Do the math for those who bought at the low and have sold at the high 
|
|
|
Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
|
Thanks alot
for those who advocate holding shares longterm, is 7 years not longterm but clearly it has not worked for this share
|
|
|
Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
|
Thanks alot
for those who advocate holding shares longterm, is 7 years not longterm but clearly it has not worked for this share
|
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
Metasploit wrote:If someone has got some little money get Kenya Re at 18.50 and kenya airways at 11.90
SUPPLY IS DRYING OUT!SHARE REBOUND IN THE OFFING oops... possunt quia posse videntur
|
|
|
Wazua
»
Investor
»
Stocks
»
Kenya Re - what gives?
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|