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Liberty Kenya HY15 PAT down 9%
Pesa Nane
#1 Posted : Thursday, August 27, 2015 2:28:44 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
murchr
#2 Posted : Friday, August 28, 2015 2:11:15 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Those operating expenses are far too high
"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
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Gatheuzi
#3 Posted : Friday, August 28, 2015 7:39:26 AM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
The results are not that bad if the drop was just 9% in an environment where investment income at 649M was just half what they made in June last year. Claims payable also increased at a faster rate than premium revenue.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
Othelo
#4 Posted : Friday, August 28, 2015 7:59:35 AM
Rank: User


Joined: 1/20/2014
Posts: 3,528
Gatheuzi wrote:
The results are not that bad if the drop was just 9% in an environment where investment income at 600B was just half what they made in June last year. Claims payable also increased at a faster rate than premium revenue.

Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
Gatheuzi
#5 Posted : Friday, August 28, 2015 7:45:40 PM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
Othelo wrote:
Gatheuzi wrote:
The results are not that bad if the drop was just 9% in an environment where investment income at 600B was just half what they made in June last year. Claims payable also increased at a faster rate than premium revenue.


Thanks @Othelo, duly corrected.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
Pesa Nane
#6 Posted : Monday, September 21, 2015 5:31:40 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Othelo
#7 Posted : Monday, September 21, 2015 5:42:17 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
Mrs Governor is the Chair, okay smile
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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