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Jubilee Insurance FY 2014 results profit up 25%
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tandich
#21 Posted : Friday, April 10, 2015 9:54:40 AM
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Anyone with any more info also with respect to the dip yesterday?
Also,
https://twitter.com/mika...tatus/586098834570420224
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theking
#22 Posted : Wednesday, April 15, 2015 2:56:04 PM
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95,800/= shares have just exchanged hands @570/= in one trade total 54.6m.

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ayushnehra
#23 Posted : Wednesday, April 15, 2015 6:30:16 PM
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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
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hisah
#24 Posted : Thursday, April 16, 2015 2:42:33 AM
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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!
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Gordon Gekko
#25 Posted : Saturday, May 02, 2015 6:39:42 PM
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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.
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Kausha
#26 Posted : Saturday, May 02, 2015 6:49:23 PM
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@Gordon Barclays is actually underwriting insurance and not broking.
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Othelo
#27 Posted : Wednesday, June 03, 2015 4:17:10 PM
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Joined: 1/20/2014
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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.
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theking
#28 Posted : Thursday, June 04, 2015 9:56:56 AM
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books for bonus shares and dividend close on Mon (08.06.2015), where is the last minute rush?
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Gordon Gekko
#29 Posted : Monday, June 08, 2015 5:51:23 PM
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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.
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charming soul
#30 Posted : Wednesday, June 17, 2015 12:41:30 AM
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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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charming soul
#31 Posted : Wednesday, June 17, 2015 1:12:49 AM
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Just wanna sound you guys out. If I sold 1000 JIC shares at 580/- and Bought 3000 NMG shares at 185/- with the proceeds of the sale would That be the right move??? Considering the fact that both companies pay a dividend of 10 bob and I am in it for the dividend.. Please share your views
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theking
#32 Posted : Wednesday, June 17, 2015 10:18:04 AM
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charming soul wrote:
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?


today the only supply is at 590/=, crazy happenings


image hosting 15mb
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whiteowl
#33 Posted : Wednesday, June 17, 2015 10:58:56 AM
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charming soul wrote:
Just wanna sound you guys out. If I sold 1000 JIC shares at 580/- and Bought 3000 NMG shares at 185/- with the proceeds of the sale would That be the right move??? Considering the fact that both companies pay a dividend of 10 bob and I am in it for the dividend.. Please share your views

JIC is looking up and NMG down so it depends on the direction you want your investment prospects to go.
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muganda
#34 Posted : Wednesday, June 17, 2015 11:12:35 AM
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whiteowl wrote:
charming soul wrote:
Just wanna sound you guys out. If I sold 1000 JIC shares at 580/- and Bought 3000 NMG shares at 185/- with the proceeds of the sale would That be the right move??? Considering the fact that both companies pay a dividend of 10 bob and I am in it for the dividend.. Please share your views

JIC is looking up and NMG down so it depends on the direction you want your investment prospects to go.


Fair point @whiteowl. Why is @charming soul thinking so much... activity, as in trading, is not your friend.
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charming soul
#35 Posted : Wednesday, June 17, 2015 11:30:48 AM
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Thank you white owl.

Didn't quite understand what Muganda is trying to say...
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muganda
#36 Posted : Wednesday, June 17, 2015 12:37:40 PM
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charming soul wrote:
Thank you white owl.

Didn't quite understand what Muganda is trying to say...

Oops @charming soul, my bad (I'm getting that often of late!).

I was trying to say that both JUB and NMG are owned by Aga Khan. Whereas JUB has given you good return, the unspoken reason one would consider a switch is because of the human urge to keep 'active' or 'busy' that trading often satisfies.

However, time is the friend of the beautiful company. JUB grew last year at 26% whereas NMG has been struggling to break even. Which mirrors the tribulations of Publishing as compared to Insurance industry.

At face value, dividend can also be very misleading. Would you pick NMG's (5% div yield, -40% price loss) over JUB (1.36% yield, 20% price gain)?
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charming soul
#37 Posted : Wednesday, June 17, 2015 9:25:36 PM
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Thanks Muganda for explaining now it makes sense bro 😊
Be Blessed
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Pesa Nane
#38 Posted : Friday, August 07, 2015 8:25:25 PM
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theking wrote:
books for bonus shares and dividend close on Mon (08.06.2015), where is the last minute rush?

That was 2 months ago, when will the bonus shares be uploaded?
Pesa Nane plans to be shilingi when he grows up.
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theking
#39 Posted : Friday, August 14, 2015 11:14:05 AM
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supply dwindling

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Pesa Nane
#40 Posted : Friday, August 21, 2015 11:28:03 AM
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Finally!
Pesa Nane plans to be shilingi when he grows up.
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