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Jubilee is KING!!
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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@ scubidu very interesting. U got a link? Over to u guru/mwekez@ji
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Jubilee Scoops 10 Awards at the Annual Insurance Awards, 2012 chapterJubilee has emerged as the most celebrated company at the awards for 3 years in a row. Jubilee Insurance was the overall winner in the Marketing Initiative, Medical Insurance underwriter, Life Insurer of the year, Risk Management Award and Fraud Detection and Prevention categories. Jubilee was also feted as runners up in the Corporate Social Responsibility, General Insurer of the year and Claims Settlement of the year awards. The firm came third in ICT Application Awards and Major Loss Awards. http://pesatalk.com/2012/07/jub...ops-10-insurance-awards/
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Strong H1 2012 numbers were released by Britak today. Watch this space for the better numbers from the King of the industry. The current share price limp is coz the bonus shares issued have started trading
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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guru told us it was last year. how now? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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Aguytrying wrote:guru told us it was last year. how now? 3rd Aug. 2012. If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Excerpt of chairman's statement in 2011 annual report
"I am proud to advise that on 3rd August 2012 Jubilee will
celebrate its 75th anniversary and accordingly a number of
celebratory events have been planned which will involve all
the stakeholders including customers, intermediaries and
employees."
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Birthdays songs at Jubilee twitter handle.*Happy 75th birthday to the king of the industry*
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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mwekez@ji wrote:Excerpt of chairman's statement in 2011 annual report
"I am proud to advise that on 3rd August 2012 Jubilee will
celebrate its 75th anniversary and accordingly a number of
celebratory events have been planned which will involve all
the stakeholders including customers, intermediaries and
employees." Where are the shareholders? 
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Rank: Chief Joined: 1/3/2007 Posts: 18,107 Location: Nairobi
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Gordon Gekko wrote:mwekez@ji wrote:Excerpt of chairman's statement in 2011 annual report
"I am proud to advise that on 3rd August 2012 Jubilee will
celebrate its 75th anniversary and accordingly a number of
celebratory events have been planned which will involve all
the stakeholders including customers, intermediaries and
employees." Where are the shareholders? Dividend/Bonus Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Is JUBILEE HOLDINGS the Berkshire Hathaway of Kenya? There are so many parallels to draw between the two The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Aguytrying wrote:Is JUBILEE HOLDINGS the Berkshire Hathaway of Kenya?
There are so many parallels to draw between the two They both have stellar stellar portfolios.. I can't wait for farmers choice to list! Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@ Guru. Educate a bro. When Bujagali makes 1bn in Profits like in fy 2011, and jubilee has 25% interest in Bujagali. Bujagali declares no dividends. Does Jubilee benefit and in what way. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Aguytrying wrote:@ Guru. Educate a bro.
When Bujagali makes 1bn in Profits like in fy 2011, and jubilee has 25% interest in Bujagali. Bujagali declares no dividends. Does Jubilee benefit and in what way. Since its an associate company the full 25% of the profits will be transferred to Jubilee's income statement! Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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guru267 wrote:Aguytrying wrote:@ Guru. Educate a bro.
When Bujagali makes 1bn in Profits like in fy 2011, and jubilee has 25% interest in Bujagali. Bujagali declares no dividends. Does Jubilee benefit and in what way. Since its an associate company the full 25% of the profits will be transferred to Jubilee's income statement! wait. So in this example Jubilee will earn 250 million shs, which wiil considered as part of jubilee profits. and this sum will be deducted from bujagali and transferred to jubilee? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Aguytrying wrote:guru267 wrote:Aguytrying wrote:@ Guru. Educate a bro.
When Bujagali makes 1bn in Profits like in fy 2011, and jubilee has 25% interest in Bujagali. Bujagali declares no dividends. Does Jubilee benefit and in what way. Since its an associate company the full 25% of the profits will be transferred to Jubilee's income statement! wait. So in this example Jubilee will earn 250 million shs, which wiil considered as part of jubilee profits. and this sum will be deducted from bujagali and transferred to jubilee? Yup that's the accounting treatment! It will appear in the "share of profits from associates" on JUBs income statement! Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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guru267 wrote:Aguytrying wrote:guru267 wrote:Aguytrying wrote:@ Guru. Educate a bro.
When Bujagali makes 1bn in Profits like in fy 2011, and jubilee has 25% interest in Bujagali. Bujagali declares no dividends. Does Jubilee benefit and in what way. Since its an associate company the full 25% of the profits will be transferred to Jubilee's income statement! wait. So in this example Jubilee will earn 250 million shs, which wiil considered as part of jubilee profits. and this sum will be deducted from bujagali and transferred to jubilee? Yup that's the accounting treatment! It will appear in the "share of profits from associates" on JUBs income statement! Wow! This company is diversified and making serious "other income" The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Aguytrying wrote:guru267 wrote:Aguytrying wrote:guru267 wrote:Aguytrying wrote:@ Guru. Educate a bro.
When Bujagali makes 1bn in Profits like in fy 2011, and jubilee has 25% interest in Bujagali. Bujagali declares no dividends. Does Jubilee benefit and in what way. Since its an associate company the full 25% of the profits will be transferred to Jubilee's income statement! wait. So in this example Jubilee will earn 250 million shs, which wiil considered as part of jubilee profits. and this sum will be deducted from bujagali and transferred to jubilee? Yup that's the accounting treatment! It will appear in the "share of profits from associates" on JUBs income statement! Wow! This company is diversified and making serious "other income" Just like Buffet!  Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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In the year 2011 associate companies of JUB including farmers choice and bujagali raked in 1.1BILLION to the income statement... infact it was these associates that saved JUBs profits from declining in 2011! I wonder how much they will bring in 2012... Mark 12:29
Deuteronomy 4:16
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