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22 Pages«<202122
KenyaRe FY19 - FY23 (Both Inclusive)
sparkly
#421 Posted : Tuesday, October 29, 2019 7:59:10 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,413
Location: Enk are Nyirobi
Ericsson wrote:
Ericsson wrote:
littledove wrote:
target1360 wrote:
same people that were saying that they couldn't touch kenre at 12 bob are here claiming how the same is cheap at kes 3 post increased number of issued shares

previous 12 is the same as current 3 but a small stone can move up faster than a big stone, my thinking


Resistance at ksh.3,difficult for it to go below.


Fair value ksh.4 per share


Fair value is 9 bob per share.
Life is short. Live passionately.
VituVingiSana
#422 Posted : Tuesday, October 29, 2019 8:56:42 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,581
Location: Nairobi
sparkly wrote:
Ericsson wrote:
Ericsson wrote:
littledove wrote:
target1360 wrote:
same people that were saying that they couldn't touch kenre at 12 bob are here claiming how the same is cheap at kes 3 post increased number of issued shares

previous 12 is the same as current 3 but a small stone can move up faster than a big stone, my thinking


Resistance at ksh.3,difficult for it to go below.


Fair value ksh.4 per share


Fair value is 9 bob per share.
11/- per share but I will take 9/- if I get it in 2019!!! Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#423 Posted : Wednesday, October 30, 2019 7:58:20 AM
Rank: Elder


Joined: 9/23/2009
Posts: 7,413
Location: Enk are Nyirobi
VituVingiSana wrote:
sparkly wrote:
Ericsson wrote:
Ericsson wrote:
littledove wrote:
target1360 wrote:
same people that were saying that they couldn't touch kenre at 12 bob are here claiming how the same is cheap at kes 3 post increased number of issued shares

previous 12 is the same as current 3 but a small stone can move up faster than a big stone, my thinking


Resistance at ksh.3,difficult for it to go below.


Fair value ksh.4 per share


Fair value is 9 bob per share.
11/- per share but I will take 9/- if I get it in 2019!!! Laughing out loudly


Inshallah
Life is short. Live passionately.
Extraterrestrial
#424 Posted : Monday, November 18, 2019 3:08:20 PM
Rank: New-farer


Joined: 11/17/2018
Posts: 94
Location: Mars
Kenya Re may pay a special dividend, if the current trend of raiding of State corporations by Treasury is any message worth tuning into.
Ericsson
#425 Posted : Monday, November 18, 2019 5:05:18 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,718
Location: NAIROBI
Extraterrestrial wrote:
Kenya Re may pay a special dividend, if the current trend of raiding of State corporations by Treasury is any message worth tuning into.


Kenya Re pays dividend around July-August,so you are speaking of 2020.
VituVingiSana
#426 Posted : Monday, November 18, 2019 11:10:47 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,581
Location: Nairobi
Ericsson wrote:
Extraterrestrial wrote:
Kenya Re may pay a special dividend, if the current trend of raiding of State corporations by Treasury is any message worth tuning into.


Kenya Re pays dividend around July-August,so you are speaking of 2020.
Is there a law/regulation that a special dividend cannot be paid at a different date from the regular dividend?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#427 Posted : Tuesday, November 19, 2019 6:15:57 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,718
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
Extraterrestrial wrote:
Kenya Re may pay a special dividend, if the current trend of raiding of State corporations by Treasury is any message worth tuning into.


Kenya Re pays dividend around July-August,so you are speaking of 2020.
Is there a law/regulation that a special dividend cannot be paid at a different date from the regular dividend?


All the companies that have done so are paying during the dates of regular dividends/after close of financial year and the period when dividends are declared and paid out.
Superprime1
#428 Posted : Tuesday, November 19, 2019 6:19:33 AM
Rank: Member


Joined: 5/2/2018
Posts: 240
VituVingiSana wrote:
Ericsson wrote:
Extraterrestrial wrote:
Kenya Re may pay a special dividend, if the current trend of raiding of State corporations by Treasury is any message worth tuning into.


Kenya Re pays dividend around July-August,so you are speaking of 2020.
Is there a law/regulation that a special dividend cannot be paid at a different date from the regular dividend?

There's freedom to declare dividend (special, interim, final) etc. and other material changes at will. Good example is Kenya Re itself declaring the 3:1 bonus share issue way after publishing full year results; also, I&M declared an interim div late Dec 2018 despite having already published half-year and Q3 results... So, if Kenya Re wants to declare a special div it can do so at any time, payment date notwithstanding.
guru267
#429 Posted : Tuesday, November 19, 2019 10:18:45 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,673
Location: Nairobi
Extraterrestrial wrote:
Kenya Re may pay a special dividend, if the current trend of raiding of State corporations by Treasury is any message worth tuning into.


So you thought writing in blue and large font would pump the price? Laughing out loudly Shame on you
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#430 Posted : Tuesday, November 19, 2019 10:22:40 AM
Rank: Chief


Joined: 1/3/2007
Posts: 16,581
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Extraterrestrial wrote:
Kenya Re may pay a special dividend, if the current trend of raiding of State corporations by Treasury is any message worth tuning into.


Kenya Re pays dividend around July-August,so you are speaking of 2020.
Is there a law/regulation that a special dividend cannot be paid at a different date from the regular dividend?


All the companies that have done so are paying during the dates of regular dividends/after close of financial year and the period when dividends are declared and paid out.
Really?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#431 Posted : Tuesday, November 19, 2019 10:26:05 AM
Rank: Chief


Joined: 1/3/2007
Posts: 16,581
Location: Nairobi
Superprime1 wrote:
VituVingiSana wrote:
Ericsson wrote:
Extraterrestrial wrote:
Kenya Re may pay a special dividend, if the current trend of raiding of State corporations by Treasury is any message worth tuning into.


Kenya Re pays dividend around July-August,so you are speaking of 2020.
Is there a law/regulation that a special dividend cannot be paid at a different date from the regular dividend?

There's freedom to declare dividend (special, interim, final) etc. and other material changes at will. Good example is Kenya Re itself declaring the 3:1 bonus share issue way after publishing full year results; also, I&M declared an interim div late Dec 2018 despite having already published half-year and Q3 results... So, if Kenya Re wants to declare a special div it can do so at any time, payment date notwithstanding.
Applause Applause Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#432 Posted : Tuesday, November 19, 2019 10:31:48 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,718
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Extraterrestrial wrote:
Kenya Re may pay a special dividend, if the current trend of raiding of State corporations by Treasury is any message worth tuning into.


Kenya Re pays dividend around July-August,so you are speaking of 2020.
Is there a law/regulation that a special dividend cannot be paid at a different date from the regular dividend?


All the companies that have done so are paying during the dates of regular dividends/after close of financial year and the period when dividends are declared and paid out.
Really?

Safaricom FY ends March 31
Kenya Pipeline FY ends June 30
KPA FY ends June 30

But there are exceptional circumstances like I&M did to avoid paying higher taxes
VituVingiSana
#433 Posted : Tuesday, November 19, 2019 10:57:21 AM
Rank: Chief


Joined: 1/3/2007
Posts: 16,581
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Extraterrestrial wrote:
Kenya Re may pay a special dividend, if the current trend of raiding of State corporations by Treasury is any message worth tuning into.


Kenya Re pays dividend around July-August,so you are speaking of 2020.
Is there a law/regulation that a special dividend cannot be paid at a different date from the regular dividend?


All the companies that have done so are paying during the dates of regular dividends/after close of financial year and the period when dividends are declared and paid out.
Really?

Safaricom FY ends March 31
Kenya Pipeline FY ends June 30
KPA FY ends June 30

But there are exceptional circumstances like I&M did to avoid paying higher taxes
City Trust paid a special dividend that was not related to the FY. They called it an interim dividend.

http://www.wazua.co.ke/f...px?g=posts&m=314457

Anyway, whatever the case may be, I do not mind a hefty special dividend! Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#434 Posted : Wednesday, November 20, 2019 11:49:36 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,718
Location: NAIROBI
Global Credit Ratings (GCR) upgrades @Kenya_Re’s Financial strength rating from AA to AA+.


The Global Credit Ratings (GCR) has upgraded the credit rating of Kenya Reinsurance Corporation (Kenya Re) under the new criteria released in May 2019. Kenya Re’s Financial strength ratings were reviewed from AA to AA+.

Its international strength ratings have also been revised to a rating of B+ in 2019 from a rating of BB in 2018. The positive ratings was due to a strong risk-adjusted capitalization. GCR notes that Kenya Re has adequately catered for the relatively stable quantum of the insurance market and credit risk.

The agency also cites the re-insurance firm’s strong liquidity with liquid assets being 53% of the total investment portfolio. In addition, the liquidity coverage of net technical liabilities and operational cash coverage was fairly stable during the last three years.
Ebenyo
#435 Posted : Wednesday, November 20, 2019 3:41:57 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,735
Location: Kitale
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Extraterrestrial wrote:
Kenya Re may pay a special dividend, if the current trend of raiding of State corporations by Treasury is any message worth tuning into.


Kenya Re pays dividend around July-August,so you are speaking of 2020.
Is there a law/regulation that a special dividend cannot be paid at a different date from the regular dividend?


All the companies that have done so are paying during the dates of regular dividends/after close of financial year and the period when dividends are declared and paid out.
Really?

Safaricom FY ends March 31
Kenya Pipeline FY ends June 30
KPA FY ends June 30

But there are exceptional circumstances like I&M did to avoid paying higher taxes
City Trust paid a special dividend that was not related to the FY. They called it an interim dividend.

http://www.wazua.co.ke/f...px?g=posts&m=314457

Anyway, whatever the case may be, I do not mind a hefty special dividend! Applause



hii special dividend inakuja lini?
Towards the goal of financial freedom
Ericsson
#436 Posted : Wednesday, November 20, 2019 4:55:29 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,718
Location: NAIROBI
Ebenyo wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Extraterrestrial wrote:
Kenya Re may pay a special dividend, if the current trend of raiding of State corporations by Treasury is any message worth tuning into.


Kenya Re pays dividend around July-August,so you are speaking of 2020.
Is there a law/regulation that a special dividend cannot be paid at a different date from the regular dividend?


All the companies that have done so are paying during the dates of regular dividends/after close of financial year and the period when dividends are declared and paid out.
Really?

Safaricom FY ends March 31
Kenya Pipeline FY ends June 30
KPA FY ends June 30

But there are exceptional circumstances like I&M did to avoid paying higher taxes
City Trust paid a special dividend that was not related to the FY. They called it an interim dividend.

http://www.wazua.co.ke/f...px?g=posts&m=314457

Anyway, whatever the case may be, I do not mind a hefty special dividend! Applause



hii special dividend inakuja lini?


Who said it is coming?
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