Wazua
»
Investor
»
Stocks
»
Kenya Re - what gives?
Rank: Elder Joined: 12/7/2012 Posts: 11,941
|
MadDoc wrote:obiero wrote:MadDoc wrote:Anyone with clues on the current drop in share price? The same reason it went up.. Nothing tangible!!  ii yako ni chuki Anything VVS holds is normal trashed (somehow except Unga Group), if you have been following them. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 2,022 Location: Kitale
|
VituVingiSana wrote:KenRe is not for those who want fast returns. It's a moneymaker that requires lots of patience. It will not double in 2 years but has a consistent profitability over the medium to long term. Eventually it will be taken over by a strategic investor. Patience is key. Meanwhile enjoy the dividend. that is very fine for me Towards the goal of financial freedom
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,479 Location: nairobi
|
Ebenyo wrote:VituVingiSana wrote:KenRe is not for those who want fast returns. It's a moneymaker that requires lots of patience. It will not double in 2 years but has a consistent profitability over the medium to long term. Eventually it will be taken over by a strategic investor. Patience is key. Meanwhile enjoy the dividend. that is very fine for me At my age I will never hold a stock for over 365 days to get 45cents dividend.. That's an investment strategy which is very close to insanity.. However, the share price gain in late 2016 was remarkable albeit not supported by fundamentals, just hullabaloo COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,836 Location: NAIROBI
|
http://www.businessdaily...785590-1rhj9y/index.htmlWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,441 Location: Nairobi
|
Angelica _ann wrote:MadDoc wrote:obiero wrote:MadDoc wrote:Anyone with clues on the current drop in share price? The same reason it went up.. Nothing tangible!! ii yako ni chuki Anything VVS holds is normal trashed (somehow except Unga Group), if you have been following them. @Angel - As a Warren Buffett fan and follower, I am OK with all the kelele ya chura. After all, I get my dividend regularly and sleep at night without worrying about when the CEO will be fired for poor performance! Unga - Nick Hutchinson has been around for 5+ years as CEO. Isabella Ocholla-Wilson has been around for a few years too. KenRe - Mwarania is doing OK and there's no talk of replacing him. I&M - The "old" CEO [now a director] retired at 65 (or something like that) while the Executive Director (48) still runs the show. KK - Ohana's 4th year as CEO. Mathenge's 4th year as chairman. Profits rolling in! I can wait out the downturns in share price as long as the CORE business is doing well enough. I expect all the above to do better in FY 2017 vs FY 2016 except I&M like most banks. Even Unga with a tough year (drought, KES/USD) is expected to do better. Some smaller holdings like Williamson/Kapchorua will take a hit [drought] but I can wait for the "boom" in 1-2 years. TPSEA will have a tough time due to the elections [low tourist numbers and construction/rehab of Nairobi Serena] but give it 2 years. Car & General will suffer in 2017 [KES/USD, elections] but I expect a decent 2018. Why don't I worry unduly about these firms for now? QUALITY MANAGEMENT... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,479 Location: nairobi
|
VituVingiSana wrote:Angelica _ann wrote:MadDoc wrote:obiero wrote:MadDoc wrote:Anyone with clues on the current drop in share price? The same reason it went up.. Nothing tangible!! ii yako ni chuki Anything VVS holds is normal trashed (somehow except Unga Group), if you have been following them. @Angel - As a Warren Buffett fan and follower, I am OK with all the kelele ya chura. After all, I get my dividend regularly and sleep at night without worrying about when the CEO will be fired for poor performance! Unga - Nick Hutchinson has been around for 5+ years as CEO. Isabella Ocholla-Wilson has been around for a few years too. KenRe - Mwarania is doing OK and there's no talk of replacing him. I&M - The "old" CEO [now a director] retired at 65 (or something like that) while the Executive Director (48) still runs the show. KK - Ohana's 4th year as CEO. Mathenge's 4th year as chairman. Profits rolling in! I can wait out the downturns in share price as long as the CORE business is doing well enough. I expect all the above to do better in FY 2017 vs FY 2016 except I&M like most banks. Even Unga with a tough year (drought, KES/USD) is expected to do better. Some smaller holdings like Williamson/Kapchorua will take a hit [drought] but I can wait for the "boom" in 1-2 years. TPSEA will have a tough time due to the elections [low tourist numbers and construction/rehab of Nairobi Serena] but give it 2 years. Car & General will suffer in 2017 [KES/USD, elections] but I expect a decent 2018. Why don't I worry unduly about these firms for now? QUALITY MANAGEMENT... Kenya Airways has the highest quality chairman in East & Central Africa.. Revenues unmatched by any other listed lender apart from Safaricom COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
obiero wrote:VituVingiSana wrote:Angelica _ann wrote:MadDoc wrote:obiero wrote:MadDoc wrote:Anyone with clues on the current drop in share price? The same reason it went up.. Nothing tangible!! ii yako ni chuki Anything VVS holds is normal trashed (somehow except Unga Group), if you have been following them. @Angel - As a Warren Buffett fan and follower, I am OK with all the kelele ya chura. After all, I get my dividend regularly and sleep at night without worrying about when the CEO will be fired for poor performance! Unga - Nick Hutchinson has been around for 5+ years as CEO. Isabella Ocholla-Wilson has been around for a few years too. KenRe - Mwarania is doing OK and there's no talk of replacing him. I&M - The "old" CEO [now a director] retired at 65 (or something like that) while the Executive Director (48) still runs the show. KK - Ohana's 4th year as CEO. Mathenge's 4th year as chairman. Profits rolling in! I can wait out the downturns in share price as long as the CORE business is doing well enough. I expect all the above to do better in FY 2017 vs FY 2016 except I&M like most banks. Even Unga with a tough year (drought, KES/USD) is expected to do better. Some smaller holdings like Williamson/Kapchorua will take a hit [drought] but I can wait for the "boom" in 1-2 years. TPSEA will have a tough time due to the elections [low tourist numbers and construction/rehab of Nairobi Serena] but give it 2 years. Car & General will suffer in 2017 [KES/USD, elections] but I expect a decent 2018. Why don't I worry unduly about these firms for now? QUALITY MANAGEMENT... Kenya Airways has the highest quality chairman in East & Central Africa.. Revenues unmatched by any other listed lender apart from Safaricom Losses are also unmatched  Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,479 Location: nairobi
|
sparkly wrote:obiero wrote:VituVingiSana wrote:Angelica _ann wrote:MadDoc wrote:obiero wrote:MadDoc wrote:Anyone with clues on the current drop in share price? The same reason it went up.. Nothing tangible!! ii yako ni chuki Anything VVS holds is normal trashed (somehow except Unga Group), if you have been following them. @Angel - As a Warren Buffett fan and follower, I am OK with all the kelele ya chura. After all, I get my dividend regularly and sleep at night without worrying about when the CEO will be fired for poor performance! Unga - Nick Hutchinson has been around for 5+ years as CEO. Isabella Ocholla-Wilson has been around for a few years too. KenRe - Mwarania is doing OK and there's no talk of replacing him. I&M - The "old" CEO [now a director] retired at 65 (or something like that) while the Executive Director (48) still runs the show. KK - Ohana's 4th year as CEO. Mathenge's 4th year as chairman. Profits rolling in! I can wait out the downturns in share price as long as the CORE business is doing well enough. I expect all the above to do better in FY 2017 vs FY 2016 except I&M like most banks. Even Unga with a tough year (drought, KES/USD) is expected to do better. Some smaller holdings like Williamson/Kapchorua will take a hit [drought] but I can wait for the "boom" in 1-2 years. TPSEA will have a tough time due to the elections [low tourist numbers and construction/rehab of Nairobi Serena] but give it 2 years. Car & General will suffer in 2017 [KES/USD, elections] but I expect a decent 2018. Why don't I worry unduly about these firms for now? QUALITY MANAGEMENT... Kenya Airways has the highest quality chairman in East & Central Africa.. Revenues unmatched by any other listed lender apart from Safaricom Losses are also unmatched There are several smaller companies making unimaginable losses on scale basis .. It's just that the size of KQ makes its losses appear larger than life COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
obiero wrote:sparkly wrote:obiero wrote:VituVingiSana wrote:Angelica _ann wrote:MadDoc wrote:obiero wrote:MadDoc wrote:Anyone with clues on the current drop in share price? The same reason it went up.. Nothing tangible!! ii yako ni chuki Anything VVS holds is normal trashed (somehow except Unga Group), if you have been following them. @Angel - As a Warren Buffett fan and follower, I am OK with all the kelele ya chura. After all, I get my dividend regularly and sleep at night without worrying about when the CEO will be fired for poor performance! Unga - Nick Hutchinson has been around for 5+ years as CEO. Isabella Ocholla-Wilson has been around for a few years too. KenRe - Mwarania is doing OK and there's no talk of replacing him. I&M - The "old" CEO [now a director] retired at 65 (or something like that) while the Executive Director (48) still runs the show. KK - Ohana's 4th year as CEO. Mathenge's 4th year as chairman. Profits rolling in! I can wait out the downturns in share price as long as the CORE business is doing well enough. I expect all the above to do better in FY 2017 vs FY 2016 except I&M like most banks. Even Unga with a tough year (drought, KES/USD) is expected to do better. Some smaller holdings like Williamson/Kapchorua will take a hit [drought] but I can wait for the "boom" in 1-2 years. TPSEA will have a tough time due to the elections [low tourist numbers and construction/rehab of Nairobi Serena] but give it 2 years. Car & General will suffer in 2017 [KES/USD, elections] but I expect a decent 2018. Why don't I worry unduly about these firms for now? QUALITY MANAGEMENT... Kenya Airways has the highest quality chairman in East & Central Africa.. Revenues unmatched by any other listed lender apart from Safaricom Losses are also unmatched There are several smaller companies making unimaginable losses on scale basis .. It's just that the size of KQ makes its losses appear larger than life @Obiero teaching us pure math. ...I like your analysis. ..It is true...bro keep the spirit burning. .. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,479 Location: nairobi
|
Spikes wrote:obiero wrote:sparkly wrote:obiero wrote:VituVingiSana wrote:Angelica _ann wrote:MadDoc wrote:obiero wrote:MadDoc wrote:Anyone with clues on the current drop in share price? The same reason it went up.. Nothing tangible!! ii yako ni chuki Anything VVS holds is normal trashed (somehow except Unga Group), if you have been following them. @Angel - As a Warren Buffett fan and follower, I am OK with all the kelele ya chura. After all, I get my dividend regularly and sleep at night without worrying about when the CEO will be fired for poor performance! Unga - Nick Hutchinson has been around for 5+ years as CEO. Isabella Ocholla-Wilson has been around for a few years too. KenRe - Mwarania is doing OK and there's no talk of replacing him. I&M - The "old" CEO [now a director] retired at 65 (or something like that) while the Executive Director (48) still runs the show. KK - Ohana's 4th year as CEO. Mathenge's 4th year as chairman. Profits rolling in! I can wait out the downturns in share price as long as the CORE business is doing well enough. I expect all the above to do better in FY 2017 vs FY 2016 except I&M like most banks. Even Unga with a tough year (drought, KES/USD) is expected to do better. Some smaller holdings like Williamson/Kapchorua will take a hit [drought] but I can wait for the "boom" in 1-2 years. TPSEA will have a tough time due to the elections [low tourist numbers and construction/rehab of Nairobi Serena] but give it 2 years. Car & General will suffer in 2017 [KES/USD, elections] but I expect a decent 2018. Why don't I worry unduly about these firms for now? QUALITY MANAGEMENT... Kenya Airways has the highest quality chairman in East & Central Africa.. Revenues unmatched by any other listed lender apart from Safaricom Losses are also unmatched There are several smaller companies making unimaginable losses on scale basis .. It's just that the size of KQ makes its losses appear larger than life @Obiero teaching us pure math. ...I like your analysis. ..It is true...bro keep the spirit burning. .. @spikes in all honesty, if KQ were to make a loss of let's say KES 390M like HAFR, would we consider it a big loss?? the answer is known to all COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
|
|
|
Wazua
»
Investor
»
Stocks
»
Kenya Re - what gives?
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|