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Jubilee Insurance Group HY 2015 profit up 23%
muganda
#1 Posted : Tuesday, September 01, 2015 8:03:24 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
King of the hill, never disappoints, even in choppy weather and after increase in shares of 10%

Pesa Nane
#2 Posted : Tuesday, September 01, 2015 8:49:07 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Applause Applause Applause

Should get me some, someday

Pesa Nane plans to be shilingi when he grows up.
Gatheuzi
#3 Posted : Tuesday, September 01, 2015 9:20:16 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
Great company, quality management. Look at that increase in investment income plus a growing share of results from associates and you can gauge how careful these guys are in their investment selection. Once the company grows, their dividend payments will eventually grow. I also like the way finance costs have been managed.
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.
watesh
#4 Posted : Tuesday, September 01, 2015 9:33:10 AM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Am not a big fan of insurance companies but Jubilee truly stands out completely!!!!!Extremely great results
VituVingiSana
#5 Posted : Tuesday, September 01, 2015 9:39:59 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
Quality Management. I remain a fan of the Aga Khan firms.
Even Nation/NMG is doing well despite the challenges in the sector.
Serena/TPS is expanding (for the future) while things are looking grim but it remains a well-managed firm.
DTB as you know is a star performer over the years.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
shocks
#6 Posted : Tuesday, September 01, 2015 11:31:14 AM
Rank: Member

Joined: 3/15/2009
Posts: 362
Pesa Nane wrote:
Applause Applause Applause
Should get me some, someday


why are guys clapping, this industry is sick, the results show there is no money to be made in underwriting. If all money is coming from investments, they should convert into an investment firm then. Nani ameona statement of cashflow

VituVingiSana
#7 Posted : Tuesday, September 01, 2015 1:55:04 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
shocks wrote:
Pesa Nane wrote:
Applause Applause Applause
Should get me some, someday


why are guys clapping, this industry is sick, the results show there is no money to be made in underwriting. If all money is coming from investments, they should convert into an investment firm then. Nani ameona statement of cashflow


There is chap called Warren Buffett. Nice guy. And his buddy is Charles Munger. A curmudgeon. They do this comedy show every year (early May) in Omaha, Nebraska, USA. Check it out.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
watesh
#8 Posted : Tuesday, September 01, 2015 9:42:04 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
shocks wrote:
Pesa Nane wrote:
Applause Applause Applause
Should get me some, someday


why are guys clapping, this industry is sick, the results show there is no money to be made in underwriting. If all money is coming from investments, they should convert into an investment firm then. Nani ameona statement of cashflow


Well no wonder they have tiny dividends....
Aguytrying
#9 Posted : Tuesday, September 01, 2015 11:05:13 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Wonderful company. I don't remember seeing a profit drop in recent years
The investor's chief problem - and even his worst enemy - is likely to be himself
innovator
#10 Posted : Tuesday, September 01, 2015 11:10:34 PM
Rank: Member

Joined: 7/24/2010
Posts: 239
Location: nairobi
A 10% bonus without the share price blinking is not a tiny divided. At the current price of sh540 it is 54+8.50= 62.50 per share divided should be the highest in nse.
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