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Pesa Nane
#1 Posted : Tuesday, March 05, 2019 9:25:57 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Full results link https://www.sanlam.com/kenya/Doc...m%20Financials%204pm.pdf
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Pesa Nane plans to be shilingi when he grows up.
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Pesa Nane
#2 Posted : Tuesday, March 05, 2019 9:33:04 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Sanlam life
Pesa Nane plans to be shilingi when he grows up.
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Pesa Nane
#3 Posted : Tuesday, March 05, 2019 9:34:36 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Sanlam General Insurance
Pesa Nane plans to be shilingi when he grows up.
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Mastermind
#4 Posted : Tuesday, March 05, 2019 10:04:18 AM
Rank: Veteran


Joined: 1/25/2012
Posts: 1,624
Location: Langley
Pesa Nane wrote:



Fair value losses Sad Sad
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Ericsson
#5 Posted : Tuesday, March 05, 2019 11:05:17 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Mastermind wrote:
Pesa Nane wrote:



Fair value losses Sad Sad


The huge loss is largely attributed to the impairment of bad debts amounting to KSh1.14 billion issued to Kaluworks, Real People and Athi River Mining Cement. Additionally, a new regulatory requirement saw Sanlam set aside KSh0.65 billion in the statutory reserve fund thus reducing its recorded earnings.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Impunity
#6 Posted : Tuesday, March 05, 2019 2:27:58 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Where does this leave the insurance policy holders? Are they left holding dead monkies?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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murchr
#7 Posted : Tuesday, March 05, 2019 2:30:49 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Impunity wrote:
Where does this leave the insurance policy holders? Are they left holding dead monkies?


Why?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Ericsson
#8 Posted : Tuesday, March 05, 2019 8:13:20 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Borrowings jumped from ksh.1bn to 3.497bn.
Is the company having cash flow issues
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Pesa Nane
#9 Posted : Sunday, May 19, 2019 10:29:48 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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Pesa Nane
#10 Posted : Sunday, May 19, 2019 10:32:32 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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