Kenya Re - what gives? - Page 56 - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » Kenya Re - what gives?

Kenya Re - what gives?

Options

Previous Topic · Next Topic

mulla		#551 Posted : Tuesday, April 18, 2017 11:09:15 AM
Rank: Member Joined: 6/15/2013 Posts: 301		Ericsson wrote: sparkly wrote: obiero wrote: VituVingiSana wrote: sparkly wrote: obiero wrote: Horton wrote: Kenya Re holds 70% of the reinsurance market. So even if the cessions ends, they still hold majority market share. I can see Mr. market recognizing this as the insurance sector is on the uptick. http://www.ira.go.ke/att...0Industry%20Release.pdf Page 30 for market share info Problem isn't market share and stuff.. It runs deep. Remember KQ is sincerely speaking, the only airline in East Africa but still made losses totalling over KES 61B in the last three years Why are we discussing KQ on this thread? KQ was even brought up in the Centum thread! And in the KK thread. Some folks can't handle profitable firms! 😂😂😂 I saw KQ too on the Safaricom thread as well as EABL.. Maybe it's just a popular firm :) Good investments do not attract attention and passion. The converse is true for poor investments. Take the most discussed stocks and stocks with the longest threads on Wazua and plot them against their total returns in the last 10yrs. KQ, HAL, Mumias, Uchumi. The results will be obvious. "You cannot make money buying what is popular" - WB applies all the time. Spoken like 10 elders so true....human psycology is weird...instead of discussing good firms that can make you money instead most would rather bash in a non-performing company "glorify"in its failure...
Back to top		\|
User Profile

VituVingiSana		#552 Posted : Tuesday, April 18, 2017 1:17:44 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		mulla wrote: Ericsson wrote: sparkly wrote: obiero wrote: VituVingiSana wrote: sparkly wrote: obiero wrote: Horton wrote: Kenya Re holds 70% of the reinsurance market. So even if the cessions ends, they still hold majority market share. I can see Mr. market recognizing this as the insurance sector is on the uptick. http://www.ira.go.ke/att...0Industry%20Release.pdf Page 30 for market share info Problem isn't market share and stuff.. It runs deep. Remember KQ is sincerely speaking, the only airline in East Africa but still made losses totalling over KES 61B in the last three years Why are we discussing KQ on this thread? KQ was even brought up in the Centum thread! And in the KK thread. Some folks can't handle profitable firms! 😂😂😂 I saw KQ too on the Safaricom thread as well as EABL.. Maybe it's just a popular firm :) Good investments do not attract attention and passion. The converse is true for poor investments. Take the most discussed stocks and stocks with the longest threads on Wazua and plot them against their total returns in the last 10yrs. KQ, HAL, Mumias, Uchumi. The results will be obvious. "You cannot make money buying what is popular" - WB applies all the time. Spoken like 10 elders so true....human psycology is weird...instead of discussing good firms that can make you money instead most would rather bash in a non-performing company "glorify"in its failure... Not true. Some of feel we have a civic duty to call out the BS peddled by some "paid" liars. These liars portray a false image of the firm. Pump and Dump. Also there are lessons to be learnt on how to assess a firm's management and performance. I have learnt many lessons from my unfortunate foray into Olympia and KQ. Lessons I try to apply to other investments e.g. debt:equity, corporate governance, management ownership, etc. KenyaRe is an investment I made after selling off my KQ. It's not flashy, the CEO isn't on many (unrelated) boards, is cash rich and has a moat. KQ was/had none of these. It's share price is lethargic but I am a net buyer who loves discounted stocks. I can wait 5 or 10 years before there's a meaningful increase in price. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\| \| Edit by user: Tuesday, April 18, 2017 1:22 PM \| Reason: Not specified
User Profile

Shak		#553 Posted : Thursday, April 20, 2017 12:02:14 AM
Rank: Elder Joined: 2/22/2009 Posts: 2,449 Location: Africa		I'm unable to get any information on book closure. Anyone in the know?
Back to top		\|
User Profile

Ebenyo		#554 Posted : Thursday, April 20, 2017 4:08:13 AM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		Shak wrote: I'm unable to get any information on book closure. Anyone in the know? it was not indicated in the financial statement.Maybe those with insider knowledge should tell us. Towards the goal of financial freedom
Back to top		\| \| Edit by user: Thursday, April 20, 2017 4:09 AM \| Reason: Not specified
User Profile

Pesa Nane		#555 Posted : Thursday, April 20, 2017 12:33:22 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		Ebenyo wrote: Shak wrote: I'm unable to get any information on book closure. Anyone in the know? it was not indicated in the financial statement.Maybe those with insider knowledge should tell us. Wait for the AGM announcement. Quote: The proposed dividends are subject to approval by shareholders at the AGM Pesa Nane plans to be shilingi when he grows up.
Back to top		\|
User Profile

obiero		#556 Posted : Wednesday, September 06, 2017 1:57:11 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi		VituVingiSana wrote: mulla wrote: Ericsson wrote: sparkly wrote: obiero wrote: VituVingiSana wrote: sparkly wrote: obiero wrote: Horton wrote: Kenya Re holds 70% of the reinsurance market. So even if the cessions ends, they still hold majority market share. I can see Mr. market recognizing this as the insurance sector is on the uptick. http://www.ira.go.ke/att...0Industry%20Release.pdf Page 30 for market share info Problem isn't market share and stuff.. It runs deep. Remember KQ is sincerely speaking, the only airline in East Africa but still made losses totalling over KES 61B in the last three years Why are we discussing KQ on this thread? KQ was even brought up in the Centum thread! And in the KK thread. Some folks can't handle profitable firms! 😂😂😂 I saw KQ too on the Safaricom thread as well as EABL.. Maybe it's just a popular firm :) Good investments do not attract attention and passion. The converse is true for poor investments. Take the most discussed stocks and stocks with the longest threads on Wazua and plot them against their total returns in the last 10yrs. KQ, HAL, Mumias, Uchumi. The results will be obvious. "You cannot make money buying what is popular" - WB applies all the time. Spoken like 10 elders so true....human psycology is weird...instead of discussing good firms that can make you money instead most would rather bash in a non-performing company "glorify"in its failure... Not true. Some of feel we have a civic duty to call out the BS peddled by some "paid" liars. These liars portray a false image of the firm. Pump and Dump. Also there are lessons to be learnt on how to assess a firm's management and performance. I have learnt many lessons from my unfortunate foray into Olympia and KQ. Lessons I try to apply to other investments e.g. debt:equity, corporate governance, management ownership, etc. KenyaRe is an investment I made after selling off my KQ. It's not flashy, the CEO isn't on many (unrelated) boards, is cash rich and has a moat. KQ was/had none of these. It's share price is lethargic but I am a net buyer who loves discounted stocks. I can wait 5 or 10 years before there's a meaningful increase in price. KenRe facing massive downward pressure.. We wish the travellers on this bus, a safe journey KQ ABP 4.26
Back to top		WWW \|
User Profile

Ericsson		#557 Posted : Wednesday, September 06, 2017 3:25:45 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		@Obiero In tomorrow's trading price will be on upward trend Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW \|
User Profile

VituVingiSana		#558 Posted : Wednesday, September 06, 2017 7:57:59 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		Quality firm. I'll buy more! Warren Buffett: “Long ago, Ben Graham taught me that ‘Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.” Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\| \| Edit by user: Thursday, September 07, 2017 10:32 AM \| Reason: Not specified
User Profile

mulla		#559 Posted : Thursday, September 07, 2017 10:45:54 AM
Rank: Member Joined: 6/15/2013 Posts: 301		VituVingiSana wrote: Quality firm. I'll buy more! Warren Buffett: “Long ago, Ben Graham taught me that ‘Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.” Highly undervalued stock. Very lethargic with regards to share price movement. This is one of those stocks that is hibernating, but on the day investors decide that it needs to catch up with its brothers value wise, capital gains will be immense. It should be trading at minimum 40/= if its to catch up with its peers.
Back to top		\| \| Edit by user: Thursday, September 07, 2017 10:48 AM \| Reason: Not specified
User Profile

Horton		#560 Posted : Saturday, September 09, 2017 4:23:39 AM
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi		mulla wrote: VituVingiSana wrote: Quality firm. I'll buy more! Warren Buffett: “Long ago, Ben Graham taught me that ‘Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.” Highly undervalued stock. Very lethargic with regards to share price movement. This is one of those stocks that is hibernating, but on the day investors decide that it needs to catch up with its brothers value wise, capital gains will be immense. It should be trading at minimum 40/= if its to catch up with its peers. Value trap
Back to top		\|
User Profile

60 Pages«<5455565758>»

Wazua » Investor » Stocks » Kenya Re - what gives?

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded