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Jubilee Insurance FY 2014 results profit up 25%
charming soul
#31 Posted : Wednesday, June 17, 2015 1:12:49 AM
Rank: Member

Joined: 12/2/2006
Posts: 42
Just wanna sound you guys out. If I sold 1000 JIC shares at 580/- and Bought 3000 NMG shares at 185/- with the proceeds of the sale would That be the right move??? Considering the fact that both companies pay a dividend of 10 bob and I am in it for the dividend.. Please share your views
theking
#32 Posted : Wednesday, June 17, 2015 10:18:04 AM
Rank: Member

Joined: 1/25/2010
Posts: 344
charming soul wrote:
Any idea why Jubilee is going up after it turned ex-Dividend and ex-Bonus. It went up 34 bob yesterday from 540/-to 574/- wonder what's causing the increase... Kindly enlighten?


today the only supply is at 590/=, crazy happenings


image hosting 15mb
whiteowl
#33 Posted : Wednesday, June 17, 2015 10:58:56 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
charming soul wrote:
Just wanna sound you guys out. If I sold 1000 JIC shares at 580/- and Bought 3000 NMG shares at 185/- with the proceeds of the sale would That be the right move??? Considering the fact that both companies pay a dividend of 10 bob and I am in it for the dividend.. Please share your views

JIC is looking up and NMG down so it depends on the direction you want your investment prospects to go.
muganda
#34 Posted : Wednesday, June 17, 2015 11:12:35 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
whiteowl wrote:
charming soul wrote:
Just wanna sound you guys out. If I sold 1000 JIC shares at 580/- and Bought 3000 NMG shares at 185/- with the proceeds of the sale would That be the right move??? Considering the fact that both companies pay a dividend of 10 bob and I am in it for the dividend.. Please share your views

JIC is looking up and NMG down so it depends on the direction you want your investment prospects to go.


Fair point @whiteowl. Why is @charming soul thinking so much... activity, as in trading, is not your friend.
charming soul
#35 Posted : Wednesday, June 17, 2015 11:30:48 AM
Rank: Member

Joined: 12/2/2006
Posts: 42
Thank you white owl.

Didn't quite understand what Muganda is trying to say...
muganda
#36 Posted : Wednesday, June 17, 2015 12:37:40 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
charming soul wrote:
Thank you white owl.

Didn't quite understand what Muganda is trying to say...

Oops @charming soul, my bad (I'm getting that often of late!).

I was trying to say that both JUB and NMG are owned by Aga Khan. Whereas JUB has given you good return, the unspoken reason one would consider a switch is because of the human urge to keep 'active' or 'busy' that trading often satisfies.

However, time is the friend of the beautiful company. JUB grew last year at 26% whereas NMG has been struggling to break even. Which mirrors the tribulations of Publishing as compared to Insurance industry.

At face value, dividend can also be very misleading. Would you pick NMG's (5% div yield, -40% price loss) over JUB (1.36% yield, 20% price gain)?

charming soul
#37 Posted : Wednesday, June 17, 2015 9:25:36 PM
Rank: Member

Joined: 12/2/2006
Posts: 42
Thanks Muganda for explaining now it makes sense bro 😊
Be Blessed
Pesa Nane
#38 Posted : Friday, August 07, 2015 8:25:25 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
theking wrote:
books for bonus shares and dividend close on Mon (08.06.2015), where is the last minute rush?

That was 2 months ago, when will the bonus shares be uploaded?
Pesa Nane plans to be shilingi when he grows up.
theking
#39 Posted : Friday, August 14, 2015 11:14:05 AM
Rank: Member

Joined: 1/25/2010
Posts: 344
supply dwindling

Pesa Nane
#40 Posted : Friday, August 21, 2015 11:28:03 AM
Rank: Elder

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