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Kenya Re HY 2014 profit after tax up 4%
littledove
#1 Posted : Friday, August 15, 2014 1:16:18 PM
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Joined: 7/1/2014
Posts: 903
Location: sky
i have seen half year results somewhere on twitter
pbt up 6%. who has the full results
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
uchumi
#2 Posted : Friday, August 15, 2014 1:41:17 PM
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Joined: 9/16/2006
Posts: 229
http://www.reuters.com/a...ts-idUSL6N0QK4DG20140814
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
muganda
#3 Posted : Friday, August 15, 2014 1:56:23 PM
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Joined: 9/15/2006
Posts: 3,905
Cde Monomotapa
#4 Posted : Friday, August 15, 2014 2:07:51 PM
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Joined: 1/13/2011
Posts: 5,964
Solid numbers. Why the stock price doesn't respond is baffling.

murchr
#5 Posted : Friday, August 15, 2014 4:56:30 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Cde Monomotapa wrote:
Solid numbers. Why the stock price doesn't respond is baffling.



It has always been like that, and esp given that there are very few individual investors. Anyway, there's a thread here warning people of Kenya XXYYZZ so this is expected. Most people were expecting a loss. 2013 was a murky year for KNRE but the numbers haven't disappointed
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
littledove
#6 Posted : Saturday, August 16, 2014 10:46:25 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
net claim increased by 36% caused by JKIA claim payment of half a billion.
Kenya accounts for 45% of Kenya re business.
plans to increase its presence in southern africa
I believe their strategy is good for patient investors hoping that we state andJKIA kind of calamities wount continue reccuring
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
faa
#7 Posted : Saturday, August 16, 2014 6:00:08 PM
Rank: Member


Joined: 5/8/2007
Posts: 709
Cde Monomotapa wrote:
Solid numbers. Why the stock price doesn't respond is baffling.


Most of Kenya Re investors are institutional ones,as such the price rarely changes,however the stock is very under valued, its correct price should be around 26 shillings.its a recommended BUY
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