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Britam not understandable
Rank: New-farer Joined: 8/14/2013 Posts: 20 Location: Copenhagen
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How comes Britam shares are plunging if they are financially stable this much? http://www.businessdaily.../1/-/rv1p33/-/index.htmlProblems can be very complicated, solutions cannot be.
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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[quote=nyakosh]How comes Britam shares are plunging if they are financially stable this much? http://www.businessdaily...1/-/rv1p33/-/index.html[/quote] Price on the Stockmarket and Value are mutually exclusive. This is an observation not a comment on Britam's price to value. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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The whole market is on slow puncture too... For investors as a whole, returns decrease as motion increases ~ WB
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Rank: New-farer Joined: 8/14/2013 Posts: 20 Location: Copenhagen
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This Britam almost gave me heart attack. I have lost a lot.to hell with it, am disposing everything Problems can be very complicated, solutions cannot be.
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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NSE meltdown it is called; Counter had hit a high of 38 now trading at half the price Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Hello Joined: 6/5/2015 Posts: 9
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nyakosh wrote:This Britam almost gave me heart attack.
I have lost a lot.to hell with it, am disposing everything be greedy when others are fearful
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Zoori wrote:nyakosh wrote:This Britam almost gave me heart attack.
I have lost a lot.to hell with it, am disposing everything be greedy when others are fearful Search for "Golden Handcuffs" by @ hisa, in the thread of "eliott wave". He saw the crash coming almost one year ago. Sell now because 12 is coming. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Feels nice holding cash. It is only @mnandii & his Eliots wave that that scares once in a while!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Angelica _ann wrote:Feels nice holding cash. It is only @mnandii & his Eliots wave that that scares once in a while!!!  There is potential for NSE to make one more dramatic move up. I'll post charts this weekend. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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Gatheuzi wrote:Zoori wrote:nyakosh wrote:This Britam almost gave me heart attack.
I have lost a lot.to hell with it, am disposing everything be greedy when others are fearful Search for "Golden Handcuffs" by @ hisa, in the thread of "eliott wave". He saw the crash coming almost one year ago. Sell now because 12 is coming. 12/- is good. I wouldn't mind getting in at 12/- as long as the exposure to Bramer is contained. As an insurer, they are #1 in EAC or so it seems. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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VituVingiSana wrote:Gatheuzi wrote:Zoori wrote:nyakosh wrote:This Britam almost gave me heart attack.
I have lost a lot.to hell with it, am disposing everything be greedy when others are fearful Search for "Golden Handcuffs" by @ hisa, in the thread of "eliott wave". He saw the crash coming almost one year ago. Sell now because 12 is coming. 12/- is good. I wouldn't mind getting in at 12/- as long as the exposure to Bramer is contained. As an insurer, they are #1 in EAC or so it seems. Ahead of jubilee?? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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Aguytrying wrote:VituVingiSana wrote:Gatheuzi wrote:Zoori wrote:nyakosh wrote:This Britam almost gave me heart attack.
I have lost a lot.to hell with it, am disposing everything be greedy when others are fearful Search for "Golden Handcuffs" by @ hisa, in the thread of "eliott wave". He saw the crash coming almost one year ago. Sell now because 12 is coming. 12/- is good. I wouldn't mind getting in at 12/- as long as the exposure to Bramer is contained. As an insurer, they are #1 in EAC or so it seems. Ahead of jubilee?? I believe so in EAC [or greater EAC] but it's a close race with Jubilee. I remain a fan of Jubilee. Perhaps Jubilee has more (large) business but Britam is the Equity of Insurance with branches and agents all over the EAC countries. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
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VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Gatheuzi wrote:Zoori wrote:nyakosh wrote:This Britam almost gave me heart attack.
I have lost a lot.to hell with it, am disposing everything be greedy when others are fearful Search for "Golden Handcuffs" by @ hisa, in the thread of "eliott wave". He saw the crash coming almost one year ago. Sell now because 12 is coming. 12/- is good. I wouldn't mind getting in at 12/- as long as the exposure to Bramer is contained. As an insurer, they are #1 in EAC or so it seems. Ahead of jubilee?? I believe so in EAC [or greater EAC] but it's a close race with Jubilee. I remain a fan of Jubilee. Perhaps Jubilee has more (large) business but Britam is the Equity of Insurance with branches and agents all over the EAC countries. @vvs ni mvutaji wa sigara kubwa.. anasemaje kuwa britam ni kubwa Kenya. Profitwise it cant hold a candle to Jubilee.. CIC holds a much larger marketshare while UAP & APA are dangerously close to Britam
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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obiero wrote:VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Gatheuzi wrote:Zoori wrote:nyakosh wrote:This Britam almost gave me heart attack.
I have lost a lot.to hell with it, am disposing everything be greedy when others are fearful Search for "Golden Handcuffs" by @ hisa, in the thread of "eliott wave". He saw the crash coming almost one year ago. Sell now because 12 is coming. 12/- is good. I wouldn't mind getting in at 12/- as long as the exposure to Bramer is contained. As an insurer, they are #1 in EAC or so it seems. Ahead of jubilee?? I believe so in EAC [or greater EAC] but it's a close race with Jubilee. I remain a fan of Jubilee. Perhaps Jubilee has more (large) business but Britam is the Equity of Insurance with branches and agents all over the EAC countries. @vvs ni mvutaji wa sigara kubwa.. anasemaje kuwa britam ni kubwa Kenya. Profitwise it cant hold a candle to Jubilee.. CIC holds a much larger marketshare while UAP & APA are dangerously close to Britam I was talking of the number of agents. Anyway, who insures KQ? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Gatheuzi wrote:Zoori wrote:nyakosh wrote:This Britam almost gave me heart attack.
I have lost a lot.to hell with it, am disposing everything be greedy when others are fearful Search for "Golden Handcuffs" by @ hisa, in the thread of "eliott wave". He saw the crash coming almost one year ago. Sell now because 12 is coming. 12/- is good. I wouldn't mind getting in at 12/- as long as the exposure to Bramer is contained. As an insurer, they are #1 in EAC or so it seems. Ahead of jubilee?? I believe so in EAC [or greater EAC] but it's a close race with Jubilee. I remain a fan of Jubilee. Perhaps Jubilee has more (large) business but Britam is the Equity of Insurance with branches and agents all over the EAC countries. @vvs ni mvutaji wa sigara kubwa.. anasemaje kuwa britam ni kubwa Kenya. Profitwise it cant hold a candle to Jubilee.. CIC holds a much larger marketshare while UAP & APA are dangerously close to Britam I was talking of the number of agents. Anyway, who insures KQ? Jubilee covers the assets while Chartis handles goods in transit cover. APA covers KAA/JKIA.. Further, KQ paid USD 100,000 each for every dead passanger on the Abidjan & Doula flights.. Information is power
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@vvs. caution on the allure of britam. I wouldn't exactly describe their management as trustworthy. They need to win shareholder trust back after last year and this year scandals. I refuse to accept that they were innocent bystanders in the cyton and rawat drama. Even if they were not involved, it tells us something about them. Or I'm I just being paranoid??? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Aguytrying wrote:@vvs. caution on the allure of britam. I wouldn't exactly describe their management as trustworthy. They need to win shareholder trust back after last year and this year scandals. I refuse to accept that they were innocent bystanders in the cyton and rawat drama. Even if they were not involved, it tells us something about them. Or I'm I just being paranoid???
Add the issue of them reinstating earnings early this year, Wairegi leaving, Dr. James Mwangi resigning as director etc. All these are not good signs to me. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Gatheuzi wrote:Aguytrying wrote:@vvs. caution on the allure of britam. I wouldn't exactly describe their management as trustworthy. They need to win shareholder trust back after last year and this year scandals. I refuse to accept that they were innocent bystanders in the cyton and rawat drama. Even if they were not involved, it tells us something about them. Or I'm I just being paranoid???
Add the issue of them reinstating earnings early this year, Wairegi leaving, Dr. James Mwangi resigning as director etc. All these are not good signs to me. exactly me too. didn't know wairegi was leaving. There may be nothing but there by also be something The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: New-farer Joined: 11/2/2014 Posts: 38
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Gatheuzi wrote:Aguytrying wrote:@vvs. caution on the allure of britam. I wouldn't exactly describe their management as trustworthy. They need to win shareholder trust back after last year and this year scandals. I refuse to accept that they were innocent bystanders in the cyton and rawat drama. Even if they were not involved, it tells us something about them. Or I'm I just being paranoid???
Add the issue of them reinstating earnings early this year, Wairegi leaving, Dr. James Mwangi resigning as director etc. All these are not good signs to me. Wairegi leaving? Pl quote your source (since, their website 'Britam', Wairegi is still the CEO - what could I be missing). TA = Price Action + Vol + S/R + Trend + Pattern.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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The stock is being battered properly... possunt quia posse videntur
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