Results & Dividends

SEC Approves Prestige Assurance Bonus of 41 for Every 100 Shares Held

November 14, 2018/NSE This is to inform the general public that at the Annual General Meeting of the Prestige Assurance Plc held on 11th of June 2018, the following resolution was passed by the Shareholders of Prestige Assurance Plc as follows:  “That the Directors be and are hereby authorized to […]

Presco Plc Q3 2018: Higher Volume Supports PBT Despite Fall in Prices

November 12, 2018/InvestmentOne report  ·         Volatile top line: down 9.66% q/q, up 11.70% y/y. ·         Mixed Gross Profit Margin: down 87bps q/q, up 1792bps y/y. ·         Rising opex/sales ratio: up 1219bps q/q; 3010bps y/y. ·         Unstable PBT performance: down 23.30% q/q; up 20.67 % y/y. Last week, Presco published its […]

Claims, Exposure, Dividends and Shareholders in the Insurance Industry: An Advice

Culled—Proshare 9/11/2018 OpEd By Ola Bridges  Warren Buffett, one of the world’s leading investor and wealthiest person in the world said in his famed annual Berkshire Hathaway letters: “Simply put, insurance is the sale of promises. The customer pays money now; the insurer promises to pay money in the future […]