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Pan Africa Insurance at sh 19
Rank: Chief Joined: 5/31/2011 Posts: 5,121
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theking wrote:mwekez@ji wrote:theking wrote:when will the dividend be paid? 1st July, 2013 thanks Karibu
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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http://www.businessdaily...6/-/asf7jlz/-/index.html"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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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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StatMeister wrote:guru267 wrote:NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...
Im a buyer at 15 though¡ @guru, why 15? The 6-m results show EPS of 0.76 If their performance come to the same as 2009, that means 138m for (96m?) shares, that's and EPS of 1.4. You would be buying it at a P/E of 10.4. I hope you bought at Sh19 because Sh15 never came and will never come.
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Rank: Member Joined: 9/12/2009 Posts: 312
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guru267 wrote:NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...
Im a buyer at 15 though¡  I thought you said this thing might hit 80 bob on the short term. Now you are talking 15 bob!! I boght at 45, then I should bail out now ama?
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Wondergirl wrote:guru267 wrote:NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...
Im a buyer at 15 though¡ I thought you said this thing might hit 80 bob on the short term. Now you are talking 15 bob!! I boght at 45, then I should bail out now ama? Time & tide has changed .... await the 80 bob
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Wondergirl wrote:guru267 wrote:NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...
Im a buyer at 15 though¡ I thought you said this thing might hit 80 bob on the short term. Now you are talking 15 bob!! I boght at 45, then I should bail out now ama? guru's post was in 2012 when the market had nosedived from the 2011 KES collapse effects -
#3 Posted : Tuesday, January 17, 2012 9:35:43 PM
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 9/12/2009 Posts: 312
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hisah wrote:Wondergirl wrote:guru267 wrote:NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...
Im a buyer at 15 though¡ I thought you said this thing might hit 80 bob on the short term. Now you are talking 15 bob!! I boght at 45, then I should bail out now ama? guru's post was in 2012 when the market had nosedived from the 2011 KES collapse effects -
#3 Posted : Tuesday, January 17, 2012 9:35:43 PM
Thanks guys for your input- I'm 14% upside(less than what i wanted) plus not soo bad a dividend. I wil sell now and get in later. I leant very hard painful lessons with KQ- I won't wait to get there.
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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The insurance company that will make investors rich is UAP when it lists in 2014. If you missed out during the public offer get in touch with genghis capital stockbrockers and get a few shares. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Wondergirl wrote:hisah wrote:Wondergirl wrote:guru267 wrote:NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...
Im a buyer at 15 though¡ I thought you said this thing might hit 80 bob on the short term. Now you are talking 15 bob!! I boght at 45, then I should bail out now ama? guru's post was in 2012 when the market had nosedived from the 2011 KES collapse effects -
#3 Posted : Tuesday, January 17, 2012 9:35:43 PM
Thanks guys for your input- I'm 14% upside(less than what i wanted) plus not soo bad a dividend. I wil sell now and get in later. I leant very hard painful lessons with KQ- I won't wait to get there. Karibu ... Where do you intend to park the money next?
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Rank: Member Joined: 2/18/2011 Posts: 448
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Wondergirl wrote:hisah wrote:Wondergirl wrote:guru267 wrote:NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...
Im a buyer at 15 though¡ I thought you said this thing might hit 80 bob on the short term. Now you are talking 15 bob!! I boght at 45, then I should bail out now ama? guru's post was in 2012 when the market had nosedived from the 2011 KES collapse effects -
#3 Posted : Tuesday, January 17, 2012 9:35:43 PM
Thanks guys for your input- I'm 14% upside(less than what i wanted) plus not soo bad a dividend. I wil sell now and get in later. I leant very hard painful lessons with KQ- I won't wait to get there. @wondergirl KQs slide was seen 10 miles away but some fund managers,brokers and other stock commentators continued to drum and hype the stock;shall never forget Satchu advising a buy at 45 with expectations that it shall bounce to 60....Pan African is on the growth phase and so far no danger signs seen on the horizon,its still time to buy/accumulate....the minute we see a management not sure of its growth strategy and one not in sync with its employees plus not responding/addressing customer complaints we shall move;for now we await Sanlam to pay a premium for our shares over and above the current price plus the dividend is actually good in comparison to other companies. 80 bob i shall await
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Rank: Member Joined: 9/12/2009 Posts: 312
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mwekez@ji wrote:Wondergirl wrote:hisah wrote:Wondergirl wrote:guru267 wrote:NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...
Im a buyer at 15 though¡ I thought you said this thing might hit 80 bob on the short term. Now you are talking 15 bob!! I boght at 45, then I should bail out now ama? guru's post was in 2012 when the market had nosedived from the 2011 KES collapse effects -
#3 Posted : Tuesday, January 17, 2012 9:35:43 PM
Thanks guys for your input- I'm 14% upside(less than what i wanted) plus not soo bad a dividend. I wil sell now and get in later. I leant very hard painful lessons with KQ- I won't wait to get there. Karibu ... Where do you intend to park the money next? My holding in Co operativebank is small- I might go ahead and add into it: how ever truth be said, I had mistaken this thread with another more recent one,( Where Madam Guru had talked of the 80 bob) so I might as well hold on.Its not like I'm pressed for liquidty. On other news my other major holding(Williamson Tea) has decided to have nose dive today.... Kq I pretend that it doesn't exist on my Portifolio.
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Wondergirl wrote:mwekez@ji wrote:Wondergirl wrote:hisah wrote:Wondergirl wrote:guru267 wrote:NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...
Im a buyer at 15 though¡ I thought you said this thing might hit 80 bob on the short term. Now you are talking 15 bob!! I boght at 45, then I should bail out now ama? guru's post was in 2012 when the market had nosedived from the 2011 KES collapse effects -
#3 Posted : Tuesday, January 17, 2012 9:35:43 PM
Thanks guys for your input- I'm 14% upside(less than what i wanted) plus not soo bad a dividend. I wil sell now and get in later. I leant very hard painful lessons with KQ- I won't wait to get there. Karibu ... Where do you intend to park the money next? My holding in Co operativebank is small- I might go ahead and add into it: how ever truth be said, I had mistaken this thread with another more recent one,( Where Madam Guru had talked of the 80 bob) so I might as well hold on.Its not like I'm pressed for liquidty. On other news my other major holding(Williamson Tea) has decided to have nose dive today.... Kq I pretend that it doesn't exist on my Portifolio. Help a lady on what to buy
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Wondergirl wrote:guru267 wrote:Wondergirl wrote:The investment and its "babies"is now safely in Panafrica Insurance  @Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance! Please explain- I'm slow in following the idex.... Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all.... Inotherwords the NSE does badly Pan africa does badly and vice versa! Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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guru267 wrote:Wondergirl wrote:guru267 wrote:Wondergirl wrote:The investment and its "babies"is now safely in Panafrica Insurance @Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance! Please explain- I'm slow in following the idex.... Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all.... Inotherwords the NSE does badly Pan africa does badly and vice versa! NSE bull is ON therefore Panafric play is ON
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Rank: Member Joined: 9/12/2009 Posts: 312
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guru267 wrote:Wondergirl wrote:guru267 wrote:Wondergirl wrote:The investment and its "babies"is now safely in Panafrica Insurance @Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance! Please explain- I'm slow in following the idex.... Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all.... Inotherwords the NSE does badly Pan africa does badly and vice versa!  Okay. I get it, I get it. Thanks.
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Rank: Member Joined: 9/12/2009 Posts: 312
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mwekez@ji wrote:guru267 wrote:Wondergirl wrote:guru267 wrote:Wondergirl wrote:The investment and its "babies"is now safely in Panafrica Insurance @Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance! Please explain- I'm slow in following the idex.... Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all.... Inotherwords the NSE does badly Pan africa does badly and vice versa! NSE bull is ON therefore Panafric play is ON Alright. I have a target- Sh 80. I hope the bull takes me there. Thanks.
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Rank: Member Joined: 2/18/2011 Posts: 448
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Read in yesterdays Saturday Nation budget highlights that treasury is proposing an ammendment to the insurance act to scrap the ceiling on foreign investor shareholding in local insurance companies which currently stands at 60%;this is to deepen penetration of insurance in the country via increased investment.....
My interpretation Sanlam can increase its shareholding in Pan Africa past the current aim of 60% while CFC Insurance shall also benefit from its Liberty Holdings link.....Perhaps a buy out is in the offing in the next 1 year
PS: Dont have a link as I have not seen that page in the online paper
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Rank: Member Joined: 6/25/2010 Posts: 176
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guru267 wrote:Wondergirl wrote:guru267 wrote:Wondergirl wrote:The investment and its "babies"is now safely in Panafrica Insurance @Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance! Please explain- I'm slow in following the idex.... Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all.... Inotherwords the NSE does badly Pan africa does badly and vice versa! Aii!is there an insurance company that doesnt recognize quoted investments in the P&L?Angalia annual reports vizuri: 'Gain in value on quoted investments' Rule No.1 is never lose money. Rule No.2 is never forget rule number one
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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dave.kim wrote:guru267 wrote:Wondergirl wrote:guru267 wrote:Wondergirl wrote:The investment and its "babies"is now safely in Panafrica Insurance @Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance! Please explain- I'm slow in following the idex.... Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all.... Inotherwords the NSE does badly Pan africa does badly and vice versa! Aii!is there an insurance company that doesnt recognize quoted investments in the P&L?Angalia annual reports vizuri: ' Gain in value on quoted investments' @dave.Kim if you check properly such a thing does not exist on Kenya re's P&L! Kenya re only includes it in "other comprehensive income" and this has no effect on EPS!! Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 6/25/2010 Posts: 176
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guru267 wrote:dave.kim wrote:guru267 wrote:Wondergirl wrote:guru267 wrote:Wondergirl wrote:The investment and its "babies"is now safely in Panafrica Insurance @Wondergirl for pan Africa's case if you have decided to go long term you should really keep a close eye on the NSE perfomance! Please explain- I'm slow in following the idex.... Pan Africa's perfomance is significantly directly correlated to the perfomance of the NSE because of their huge stock portfolio which is recognised in the P&L... This is unlike Kenya re that does not recognise its stock portfolio in its P&L at all.... Inotherwords the NSE does badly Pan africa does badly and vice versa! Aii!is there an insurance company that doesnt recognize quoted investments in the P&L?Angalia annual reports vizuri: ' Gain in value on quoted investments' @dave.Kim if you check properly such a thing does not exist on Kenya re's P&L! Kenya re only includes it in "other comprehensive income" and this has no effect on EPS!! Check the footnotes for the breakdown of investment income for 2011 report. It is indicated as 'Reclassification from equity of accumulated fair value gain on available for sale quoted equity instruments'. And then the same amount is later deducted through comprehensive income as 'Reclassification adjustments relating to available-for-sale financial assets disposed in the year'. So it still affects bottom line Rule No.1 is never lose money. Rule No.2 is never forget rule number one
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