KenyaRe FY19 - FY23 (Both Inclusive) - Page 8 - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » KenyaRe FY19 - FY23 (Both Inclusive)

KenyaRe FY19 - FY23 (Both Inclusive)

Options

Previous Topic · Next Topic

VituVingiSana		#71 Posted : Monday, May 13, 2019 9:25:20 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		obiero wrote: Balaa wrote: VituVingiSana wrote: Ericsson wrote: Pesa Nane wrote: Capitalising the revenue reserves to increase the share capital. The Revenue Reserves are already an integral part of Shareholders Capital. I do not know why they need to change that? In any event, it only moves 700mn x 2.50 = 1.75bn (out of 22bn) from RR to SC. The trasfer from RR to SC has to happen so that the amount required is locked in and no longer distributable. True. That 'lock' though.. What if the alleged revenue reserve is actually not available as actual cash and that the issuance of bonus shares is a sanitization of pilfered sums https://www.latimes.com/...fi-account12-story.html Better than lending it to KQ or buying shares in KQ. Anyway, don't stress too much about it. Thank you for your concern but let us (Kenre shareholders) worry about it. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\| \| Edit by user: Monday, May 13, 2019 9:27 PM \| Reason: Not specified
User Profile

obiero		#72 Posted : Monday, May 13, 2019 9:30:00 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi		VituVingiSana wrote: obiero wrote: Balaa wrote: VituVingiSana wrote: Ericsson wrote: Pesa Nane wrote: Capitalising the revenue reserves to increase the share capital. The Revenue Reserves are already an integral part of Shareholders Capital. I do not know why they need to change that? In any event, it only moves 700mn x 2.50 = 1.75bn (out of 22bn) from RR to SC. The trasfer from RR to SC has to happen so that the amount required is locked in and no longer distributable. True. That 'lock' though.. What if the alleged revenue reserve is actually not available as actual cash and that the issuance of bonus shares is a sanitization of pilfered sums https://www.latimes.com/...fi-account12-story.html Better than lending it to KQ or buying shares in KQ. Anyway, don't stress too much about it. Thank you for your concern but let us (Kenre shareholders) worry about it. After the bonus issue it will be trading at KES 3.8 just like KQ! 😁 KQ ABP 4.26
Back to top		WWW \|
User Profile

VituVingiSana		#73 Posted : Monday, May 13, 2019 9:36:00 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		obiero wrote: VituVingiSana wrote: obiero wrote: Balaa wrote: VituVingiSana wrote: Ericsson wrote: Pesa Nane wrote: Capitalising the revenue reserves to increase the share capital. The Revenue Reserves are already an integral part of Shareholders Capital. I do not know why they need to change that? In any event, it only moves 700mn x 2.50 = 1.75bn (out of 22bn) from RR to SC. The trasfer from RR to SC has to happen so that the amount required is locked in and no longer distributable. True. That 'lock' though.. What if the alleged revenue reserve is actually not available as actual cash and that the issuance of bonus shares is a sanitization of pilfered sums https://www.latimes.com/...fi-account12-story.html Better than lending it to KQ or buying shares in KQ. Anyway, don't stress too much about it. Thank you for your concern but let us (Kenre shareholders) worry about it. After the bonus issue it will be trading at KES 3.8 just like KQ! 😁 #TukoPamoja When we saw you were lonely we decided to keep you company! Using the VWAP for both shares I think the prices are almost at par on a post-bonus basis. This would be a good comparison between the two shares over the next 5 years. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\|
User Profile

obiero		#74 Posted : Monday, May 13, 2019 9:41:30 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi		VituVingiSana wrote: obiero wrote: VituVingiSana wrote: obiero wrote: Balaa wrote: VituVingiSana wrote: Ericsson wrote: Pesa Nane wrote: Capitalising the revenue reserves to increase the share capital. The Revenue Reserves are already an integral part of Shareholders Capital. I do not know why they need to change that? In any event, it only moves 700mn x 2.50 = 1.75bn (out of 22bn) from RR to SC. The trasfer from RR to SC has to happen so that the amount required is locked in and no longer distributable. True. That 'lock' though.. What if the alleged revenue reserve is actually not available as actual cash and that the issuance of bonus shares is a sanitization of pilfered sums https://www.latimes.com/...fi-account12-story.html Better than lending it to KQ or buying shares in KQ. Anyway, don't stress too much about it. Thank you for your concern but let us (Kenre shareholders) worry about it. After the bonus issue it will be trading at KES 3.8 just like KQ! 😁 #TukoPamoja When we saw you were lonely we decided to keep you company! Using the VWAP for both shares I think the prices are almost at par on a post-bonus basis. This would be a good comparison between the two shares over the next 5 years. For sure! KENRE is just about to get into a mess while KQ is getting out of its mess. We live in interesting times KQ ABP 4.26
Back to top		WWW \|
User Profile

VituVingiSana		#75 Posted : Monday, May 13, 2019 9:42:19 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		@maichblack @monk @KenyanOracle @Heri @Aguy @Kaufman @miennyma Who is on this bus to Canaan with me? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\|
User Profile

Ericsson		#76 Posted : Monday, May 13, 2019 10:37:58 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		VituVingiSana wrote: @maichblack @monk @KenyanOracle @Heri @Aguy @Kaufman @miennyma Who is on this bus to Canaan with me? How can you forget me? Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW \|
User Profile

Ericsson		#77 Posted : Monday, May 13, 2019 10:39:50 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		obiero wrote: VituVingiSana wrote: obiero wrote: VituVingiSana wrote: obiero wrote: Balaa wrote: VituVingiSana wrote: Ericsson wrote: Pesa Nane wrote: Capitalising the revenue reserves to increase the share capital. The Revenue Reserves are already an integral part of Shareholders Capital. I do not know why they need to change that? In any event, it only moves 700mn x 2.50 = 1.75bn (out of 22bn) from RR to SC. The trasfer from RR to SC has to happen so that the amount required is locked in and no longer distributable. True. That 'lock' though.. What if the alleged revenue reserve is actually not available as actual cash and that the issuance of bonus shares is a sanitization of pilfered sums https://www.latimes.com/...fi-account12-story.html Better than lending it to KQ or buying shares in KQ. Anyway, don't stress too much about it. Thank you for your concern but let us (Kenre shareholders) worry about it. After the bonus issue it will be trading at KES 3.8 just like KQ! 😁 #TukoPamoja When we saw you were lonely we decided to keep you company! Using the VWAP for both shares I think the prices are almost at par on a post-bonus basis. This would be a good comparison between the two shares over the next 5 years. For sure! KENRE is just about to get into a mess while KQ is getting out of its mess. We live in interesting times KENRE is on expansion mode with zero debt,kq is on survival mode with heavy debt Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW \|
User Profile

Ebenyo		#78 Posted : Monday, May 13, 2019 10:42:42 PM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		I don't know why people are bashing KENRE. If we put management and ownership aside:which is it's main weakness(GOK),kenre performance is not bad. It equals CIC and Liberty in ROE at 8%. Its the best in ROA at 49% followed by Jubilee at 13%. Return on total revenue is 13% second to jubilee at 15%. Its balance sheet quality and strength is a known factor to all investors. Towards the goal of financial freedom
Back to top		\| \| Edit by user: Monday, May 13, 2019 10:53 PM \| Reason: Not specified
User Profile

VituVingiSana		#79 Posted : Tuesday, May 14, 2019 1:57:47 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		Ericsson wrote: VituVingiSana wrote: @maichblack @monk @KenyanOracle @Heri @Aguy @Kaufman @miennyma Who is on this bus to Canaan with me? How can you forget me? I had no idea. Karibuni. The group above were with me in KK. I was already on the KenRe bus but I am not getting off as long as Mwarania is the CEO/MD. It will be a bumpy ride with detours lakini tutafika Canaan. Lini? Sijui. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\|
User Profile

obiero		#80 Posted : Tuesday, May 14, 2019 4:18:43 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi		VituVingiSana wrote: Ericsson wrote: VituVingiSana wrote: @maichblack @monk @KenyanOracle @Heri @Aguy @Kaufman @miennyma Who is on this bus to Canaan with me? How can you forget me? I had no idea. Karibuni. The group above were with me in KK. I was already on the KenRe bus but I am not getting off as long as Mwarania is the CEO/MD. It will be a bumpy ride with detours lakini tutafika Canaan. Lini? Sijui. Ya ARM ulirusha watu ndani ya mto.. KQ ABP 4.26
Back to top		WWW \|
User Profile

81 Pages«<678910>»

Wazua » Investor » Stocks » KenyaRe FY19 - FY23 (Both Inclusive)

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