jerry wrote:guru267 wrote:jerry wrote:guru267 wrote:KCB and Kenya re officially have an equal eps of 4bob..
One wonders why the huge price differential...
Take MOO to Kenya-Re!!! The Re-Insurer is mean.
Insurers dont do dividends... They need to retain all the cash they can...
What of Pan-Africa giving 3/=
@jerry I thought at this level we deal more with percentages rather than absolute numbers..
You claim pan africa gave a DPS of 3bob... But did you notice EPS was 8bob?? This means that only 38% of profits are paid as dividends!
If pan africa is the most generous insurer with a 38% payout ratio then we can conclude they are all mean with cash!
Mark 12:29
Deuteronomy 4:16