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Jubilee Insurance FY 2014 results profit up 25%
tandich
#21 Posted : Friday, April 10, 2015 9:54:40 AM
Rank: Member

Joined: 5/6/2008
Posts: 199
Anyone with any more info also with respect to the dip yesterday?
Also,
https://twitter.com/mika...tatus/586098834570420224
theking
#22 Posted : Wednesday, April 15, 2015 2:56:04 PM
Rank: Member

Joined: 1/25/2010
Posts: 344
95,800/= shares have just exchanged hands @570/= in one trade total 54.6m.

ayushnehra
#23 Posted : Wednesday, April 15, 2015 6:30:16 PM
Rank: Member

Joined: 1/4/2015
Posts: 153
That's just over 1m in commission..Middle man is the way to go..!!
Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
hisah
#24 Posted : Thursday, April 16, 2015 2:42:33 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
http://www.businessdaily...4/-/l66uey/-/index.html

Not a good signal for insurance sector when gok watchdogs engage one another in supremacy fights.

This plus the mixed performance of the insurance sector and the current NSE mood explain the sellside pressure facing this sector stocks.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Gordon Gekko
#25 Posted : Saturday, May 02, 2015 6:39:42 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
This is the definition of bancassurance:
http://en.m.wikipedia.org/wiki/Bancassurance

So why would a 'respected' paper like BD (1/5/2015 pp 9) say that the newly formed Barclays Life Assurance Kenya will be 'competing against players like JHL, Pan Africa Holdings and Britam' while in actual sense they'll just be brokers for them?
Rather than being competitors of my beloved JHL they will instead increase it's reach-and kill insurance brokers instead.
Kausha
#26 Posted : Saturday, May 02, 2015 6:49:23 PM
Rank: Member

Joined: 2/8/2007
Posts: 808
@Gordon Barclays is actually underwriting insurance and not broking.
Othelo
#27 Posted : Wednesday, June 03, 2015 4:17:10 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
Jubilee Kenya boss named Africa CEO of the year......

The Jubilee Insurance Kenya CEO Patrick Tumbo has been named chief executive officer of the year at an award ceremony in which 362 member companies from across the continent participated.


http://www.businessdaily.../-/136xdw7/-/index.html
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
theking
#28 Posted : Thursday, June 04, 2015 9:56:56 AM
Rank: Member

Joined: 1/25/2010
Posts: 344
books for bonus shares and dividend close on Mon (08.06.2015), where is the last minute rush?
Gordon Gekko
#29 Posted : Monday, June 08, 2015 5:51:23 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Very interesting point at the AGM today.
A bonus of 1:10 declared. You have 9 shares. Technically, you've earned 0.9 of a bonus share therefore not qualified for a bonus share.
However, the value of a share is ksh 500, which means you are entitled to ksh 450, but you get nothing, is this fair?
The JHL lawyer said that allocation of part of a share is not allowed, but what can be done is the bonus allocated but not issued can be sold on the open market and the affected shareholders compensated appropriately.
Someone suggested that since JHL only has 6,400 shareholders, assuming half are affected, the company can just round this up at the cost of only 3,200 shares at most.
Mr. Juma said the board will discuss and also consult CMA before a decision is taken.
charming soul
#30 Posted : Wednesday, June 17, 2015 12:41:30 AM
Rank: Member

Joined: 12/2/2006
Posts: 42
Any idea why Jubilee is going up after it turned ex-Dividend and ex-Bonus. It went up 34 bob yesterday from 540/-to 574/- wonder what's causing the increase... Kindly enlighten?
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