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Britam's Asset Manager shows FY after tax up 26%
Rank: Elder Joined: 9/15/2006 Posts: 3,906
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Britam FY 2015 profit after tax up 26%Thanks to good expense management, in a year that showed a decline in total income 
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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This is not Britam though but one of its subsidiaries i.e. Britam Asset Managers. The holding company will shock us later in the week. I take the topic as a placeholder though. 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.
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Rank: Elder Joined: 8/16/2011 Posts: 2,357
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Rank: Member Joined: 12/11/2006 Posts: 896
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Hata hii wata revise “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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ngapat wrote:Hata hii wata revise Is a wake up call to jump in! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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The results posted above are for the Asset Management arm. For the holdings company it will be bloodbath Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Ericsson wrote:The results posted above are for the Asset Management arm.
For the holdings company it will be bloodbath This is a strategy by @Realtreaty and his people to cause confusion and mask the loss by the group.. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Ericsson wrote:The results posted above are for the Asset Management arm.
For the holdings company it will be bloodbath We know more than 50% drop in profit will be reported but you will be shocked by at least 1B kes profit that will prompt flat dividend or bonus issue. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,224 Location: Nairobi
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Boris Boyka wrote:Ericsson wrote:The results posted above are for the Asset Management arm.
For the holdings company it will be bloodbath This is a strategy by @Realtreaty and his people to cause confusion and mask the loss by the group.. Lucky for folks, @Wazuans aren't shy to point out the PPT players. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Boris Boyka wrote:Ericsson wrote:The results posted above are for the Asset Management arm.
For the holdings company it will be bloodbath This is a strategy by @Realtreaty and his people to cause confusion and mask the loss by the group.. It is increasingly difficult to trust this company with such gimmicks. Why play hide and seek with investors? The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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lochaz-index wrote:Boris Boyka wrote:Ericsson wrote:The results posted above are for the Asset Management arm.
For the holdings company it will be bloodbath This is a strategy by @Realtreaty and his people to cause confusion and mask the loss by the group.. It is increasingly difficult to trust this company with such gimmicks. Why play hide and seek with investors? After posting the horrid results, they'll be revised at least twice.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Let them release group results so that this counter establishes a new equilibrium. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 3/15/2010 Posts: 391 Location: nairobie
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Njia ni mbili: yakuenda kwa baba au motoni. Once results are out: a rally or a dip. A lot of uncertainty in the air. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Discounts will turn premium. Don't be in a hurry to buy.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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HY EPS was down 77% from 1.45 to 0.32. Assuming H2 finishes as H1 that means EPS will be 0.64 (0.32x2). Current insurance sector PER is 8.6. But out of generosity let's give BRIT a PER of 10. Share price = EPS x PER = 0.64 x 10 = KES 6.40. Avoid the unnecessary noise and stay focused otherwise the market magicians will skin you alive! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 8/16/2011 Posts: 2,357
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:HY EPS was down 77% from 1.45 to 0.32. Assuming H2 finishes as H1 that means EPS will be 0.64 (0.32x2). Current insurance sector PER is 8.6. But out of generosity let's give BRIT a PER of 10.
Share price = EPS x PER = 0.64 x 10 = KES 6.40.
Avoid the unnecessary noise and stay focused otherwise the market magicians will skin you alive! I do not trust this company since that Rawat drama. It might no be transcentury bad, but there's something I just don't trust them. With NSE nose diving last year, so will their profits, maybe even loss like it FY 2011 bear The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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hisah wrote:HY EPS was down 77% from 1.45 to 0.32. Assuming H2 finishes as H1 that means EPS will be 0.64 (0.32x2). Current insurance sector PER is 8.6. But out of generosity let's give BRIT a PER of 10.
Share price = EPS x PER = 0.64 x 10 = KES 6.40.
Avoid the unnecessary noise and stay focused otherwise the market magicians will skin you alive! Use real PER on your calculation based on Britam fundamentals. You have randomly picked a less value in a pure attempt to balkanize the fair value of this stock. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Britam's Asset Manager shows FY after tax up 26%
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