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Britam FY 2014 PAT grows by 22.7%
Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Boris Boyka wrote:Aguytrying wrote:In a serious bear market, this stock would touch sub 10.00. And i would buy it like crazy  @Aguy the BUYER!! who always wishes share beatings for him to jump in. when sale one day please let me know ata kama ni 100shares.   . Enjoy your Friday. You can't make decent gains in this market by buying and selling rapidly. Selling?...unless my hand is forced or to rebalance portfolio By the way I used to sell, buy, sell, buy. until I realised it doesn't work (for me) The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Golden handcuffs saga continues in this drama series starring britam, equity and centum since Sept 2014. Bull trap will continue to trap the crowd in disbelief. The numerous profit warnings and restating of FY accounts tell an interesting story if one looks keenly. Weak hands MUST be shaken out for the next solid bull run. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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@Realtreaty Goodmorning! Yesterday you went into hiding. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:Golden handcuffs saga continues in this drama series starring britam, equity and centum since Sept 2014. Bull trap will continue to trap the crowd in disbelief. The numerous profit warnings and restating of FY accounts tell an interesting story if one looks keenly. Weak hands MUST be shaken out for the next solid bull run. I have interest in equity and britam. at what valuations, trends or technical markers do you feel the downward pressure will be over The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Pesa Nane wrote:Div = Ksh. 0.30 Per Share
Register tentatively closes 03 April 2015
Payment 30 April 2015
AGM 30 April 2015 AGM dates changed to 26 June 2015 Register closure dated changed to 12 June 2015 "Dividend will therefore be paid immediately upon shareholders approval" Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Pesa Nane wrote:Pesa Nane wrote:Div = Ksh. 0.30 Per Share
Register tentatively closes 03 April 2015
Payment 30 April 2015
AGM 30 April 2015 AGM dates changed to 26 June 2015 Register closure dated changed to 12 June 2015 "Dividend will therefore be paid immediately upon shareholders approval"  @Realtreaty, seems your people are worried of so many questions. It's equity that knows early dvnd payment. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Aguytrying wrote:hisah wrote:Golden handcuffs saga continues in this drama series starring britam, equity and centum since Sept 2014. Bull trap will continue to trap the crowd in disbelief. The numerous profit warnings and restating of FY accounts tell an interesting story if one looks keenly. Weak hands MUST be shaken out for the next solid bull run. I have interest in equity and britam. at what valuations, trends or technical markers do you feel the downward pressure will be over I've not yet worked out the valuation until the shakeout runs its course I'm not in a hurry. No need to be bull trapped. The rush with which equity disposed HF still remains a red flag for me. Britam saga, no comment the drama speaks volumes looking at cytonn nd now mauritius ponzi bank.
These golden handcuff will hurt. Those trapped since last Sept learn the lesson or you'll be shaved all the time by mr market till you learn or quit.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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hisah wrote:Aguytrying wrote:hisah wrote:Golden handcuffs saga continues in this drama series starring britam, equity and centum since Sept 2014. Bull trap will continue to trap the crowd in disbelief. The numerous profit warnings and restating of FY accounts tell an interesting story if one looks keenly. Weak hands MUST be shaken out for the next solid bull run. I have interest in equity and britam. at what valuations, trends or technical markers do you feel the downward pressure will be over I've not yet worked out the valuation until the shakeout runs its course I'm not in a hurry. No need to be bull trapped. The rush with which equity disposed HF still remains a red flag for me. Britam saga, no comment the drama speaks volumes looking at cytonn nd now mauritius ponzi bank.
These golden handcuff will hurt. Those trapped since last Sept learn the lesson or you'll be shaved all the time by mr market till you learn or quit. As you workout the valuation of these @hisah, pls do the same for co-op.. "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
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Rank: Member Joined: 5/28/2014 Posts: 149 Location: Nairobi
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hisah wrote:Aguytrying wrote:hisah wrote:Golden handcuffs saga continues in this drama series starring britam, equity and centum since Sept 2014. Bull trap will continue to trap the crowd in disbelief. The numerous profit warnings and restating of FY accounts tell an interesting story if one looks keenly. Weak hands MUST be shaken out for the next solid bull run. I have interest in equity and britam. at what valuations, trends or technical markers do you feel the downward pressure will be over I've not yet worked out the valuation until the shakeout runs its course I'm not in a hurry. No need to be bull trapped. The rush with which equity disposed HF still remains a red flag for me. Britam saga, no comment the drama speaks volumes looking at cytonn nd now mauritius ponzi bank.
These golden handcuff will hurt. Those trapped since last Sept learn the lesson or you'll be shaved all the time by mr market till you learn or quit. @hisah - What do you mean by the highlighted statement? Red flag with regards to Equity or red flag with regards to HF? When you live for others' opinions, you are dead.
- Carlos Slim Helu
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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DBLyon wrote:hisah wrote:Aguytrying wrote:hisah wrote:Golden handcuffs saga continues in this drama series starring britam, equity and centum since Sept 2014. Bull trap will continue to trap the crowd in disbelief. The numerous profit warnings and restating of FY accounts tell an interesting story if one looks keenly. Weak hands MUST be shaken out for the next solid bull run. I have interest in equity and britam. at what valuations, trends or technical markers do you feel the downward pressure will be over I've not yet worked out the valuation until the shakeout runs its course I'm not in a hurry. No need to be bull trapped. The rush with which equity disposed HF still remains a red flag for me. Britam saga, no comment the drama speaks volumes looking at cytonn nd now mauritius ponzi bank.
These golden handcuff will hurt. Those trapped since last Sept learn the lesson or you'll be shaved all the time by mr market till you learn or quit. @hisah - What do you mean by the highlighted statement? Red flag with regards to Equity or red flag with regards to HF? Was equity that desperate for cash to sell the entire HF stake? If yes, why is equity desperate for cash?
If HF is a diamond why did equity sell it? Diamonds are dear and not easily disposed. Did britam buy HF from equity as a strategic acquisition or a kneejerk reaction to cytonn's drama that would pop out later?
As for britam, mr market is yet to price in the cytonn and ponzi mauritius event risks. Watch the boardroom... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 3/15/2010 Posts: 391 Location: nairobie
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Rank: Member Joined: 1/31/2007 Posts: 304
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Boris Boyka wrote:Pesa Nane wrote:Pesa Nane wrote:Div = Ksh. 0.30 Per Share
Register tentatively closes 03 April 2015
Payment 30 April 2015
AGM 30 April 2015 AGM dates changed to 26 June 2015 Register closure dated changed to 12 June 2015 "Dividend will therefore be paid immediately upon shareholders approval" @Realtreaty, seems your people are worried of so many questions. It's equity that knows early dvnd payment. Hasn't Britam not opened itself to a potential law suit by people who sold after the initial ex-div date but before the announcement of the new book closure date for the lost dividend..
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Tihihi Quote:The Group's 2014 financial statements were published on 20 March 2015..........after the announcement and publication of the results, the auditors advised the Board of an issue with respect to the measurement of the carrying value of a local associate company...... the Board has considered the advice and restated the financial statements resulting in a reduction in the previously reported profit after tax by Shs 342 million...  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Going, going, gone!  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Hii ni mchezo. "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
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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So PAT grew a mere 7.86% Enyewe business in 2014 haikuwa ya m*** ya NSE firms. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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Strange. Btw, HFCK is the Britam's only sizable associate. Kweli, rongo? Sehemu ndio nyumba
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Boris Boyka wrote:So PAT grew a mere 7.86% Enyewe business in 2014 haikuwa ya m*** ya NSE firms. Toa 342m kwanza "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
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Rank: Veteran Joined: 11/11/2006 Posts: 972 Location: Home
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This is becoming a matatu business where drivers change routes and fares to suit them. I've never heard of a listed company tinkering with results as well as books closure date. Kimunya should witness NSE turning into a fish market.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Restating of accounts, several profit dips, several profit warnings, flat profit and some losses here and there means the market has run ahead of itself. Bulls are still in disbelief as the bull trap tightens. The market is ripe for harvest. Very few bargains are present. @pesanane - Ai Caramba! I'm shocked by what you've posted about britam audited results. This is madness!! Britam drama is likely to be the 2011 CMC drama. For those that forgot the recent history, 2011 unleashed a swift bear. This britam saga is just beginning! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Britam FY 2014 PAT grows by 22.7%
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