You see negtive while others see positive. The current price is good for people like Munga and the like who might have bought Rawat off at 16Kes. Now Mung can add at the current price on buy back trends before the share rise readying for new investor who may enter at 18-24 Kes.
Vita vya Paanzi furaha ya Kunguru!!!

@mkate_nusu... i have seen..caution has been taken

MOTHER SUPERIOR!!!!!
MAGIC CANDY
My saying was on the wall perfectly hand written
http://www.businessdailyafrica....57366-snm8bkz/index.html

Change in accounting triples Britam profit to Sh1.8bn
http://www.businessdaily...7830-wlp5g2z/index.html

"Britam said it adopted a new accounting practice that marked down the claims besides recognising Sh331 million to settle a portion of its operating expenses linked to payment of outstanding policyholders’ benefits." >>> Is this a one-time gain?

"...indicating that the previous system led to higher reserving by overestimating insurance liabilities." >>> So less conservative?

"...Britam sold some shares" >>> One-time gain. Add the drop in HF (& Equity) value since 1 July... 2H may not be as rosy

@Hisah, they adopted an agreeable method not from the bushes. So are they wrong and you right?
They have just said they inflated insurance liabilities earlier. Means a large amount of the money was never paid out and remained in the reserves.
Now things are positive. The only bad is slaughtering the banks.
Remember when women hide their secret units,No cry!!!(No children)