Member of the Institute of Certified Investment and Financial Analysts of https://t.co/en4BVehaM5 depth analysis of companies and provision of analysis reports for a fee.
Dec 17, 2019 • 5 tweets • 1 min read
My case for Britam PLC 1.On page 119 Fy 2018 Britam suffered a massive unrealised loss of atleast 3billion from revaluation loss of their investment in equity group holdings and hf group.0f this shs.1.45 billion of the loss was attributable to decline in share price of equity
Page 160 of fy2018 Britam annual report.2.Things are now different,Britam investment in equity group has increased by at least 4.8billion assuming yesterday share price of shs.51.Hf group is on recovery mode under leadership of Robert Kibaara thus no need for further impairment
