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Kenya Re projected to hit 20 by year end-Business Daily.
sparkly
#21 Posted : Wednesday, December 09, 2015 8:49:12 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
the deal wrote:
According to a story posted on the website of the Business Daily, Kenya re received a clean bill of healthy from faida investment bank analysts, Kenya re also retained their B+ rating from A.M. Best which rates it being a stable company despite a few concerns, according to the report Kenya re is discounted @ 11.70 and is projected @ 20 by year end.

5 years later..


From 11.70 that's over 100% in capital gains excluding dividends. Good investment I say.

compare to the KQ story in the same period.
Life is short. Live passionately.
Ericsson
#22 Posted : Wednesday, December 09, 2015 8:51:41 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Factoring in the bonus they issued in 2013 and excluding dividends thats nearly 150% in capital gains.
Superb investment
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#23 Posted : Wednesday, December 09, 2015 9:06:59 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,549
Location: nairobi
sparkly wrote:
obiero wrote:
the deal wrote:
According to a story posted on the website of the Business Daily, Kenya re received a clean bill of healthy from faida investment bank analysts, Kenya re also retained their B+ rating from A.M. Best which rates it being a stable company despite a few concerns, according to the report Kenya re is discounted @ 11.70 and is projected @ 20 by year end.

5 years later..


From 11.70 that's over 100% in capital gains excluding dividends. Good investment I say.

compare to the KQ story in the same period.

Hii KQ imekuwa reference point of high standing.. :)

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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