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  #101 (permalink)  
Old 4th May 2015, 03:44 PM
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Default Re: Royal Exch Insurance

Quote:
Originally Posted by oyo View Post
Oga DupeOdus, the valuation losses no gree enter reverse in Q10315 nah.
This first quarter results is also consistent. The market deteriorated further up to the end of the first quarter. The turn around started after the announcement of the presidential election results which was post 31st of March. Besides, Royal Exchange did not show valuation losses on the financials for year end 31-Dec-2014. What I said was that valuation gains they recorded in the first 3 quarters of the year reversed, showing a surprising break even valuation gain/loss for the entire year instead of a loss. The potential for any significant valuation loss reversal for Royal Exchange post 31-Dec-2014 is therefore low. After 31-Mar-2015, some of the valuation loss shown in the 1st quarter results may reverse. You need to look into their schedule of quoted investments and look at the performance of the individual stocks post 31-Mar-2015 to set your expectations. I should disclose that I do not own any unit of Royal Exchange.
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  #102 (permalink)  
Old 4th May 2015, 05:14 PM
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Default Re: Royal Exch Insurance

Quote:
Originally Posted by dupeodus View Post
This first quarter results is also consistent. The market deteriorated further up to the end of the first quarter. The turn around started after the announcement of the presidential election results which was post 31st of March. Besides, Royal Exchange did not show valuation losses on the financials for year end 31-Dec-2014. What I said was that valuation gains they recorded in the first 3 quarters of the year reversed, showing a surprising break even valuation gain/loss for the entire year instead of a loss. The potential for any significant valuation loss reversal for Royal Exchange post 31-Dec-2014 is therefore low. After 31-Mar-2015, some of the valuation loss shown in the 1st quarter results may reverse. You need to look into their schedule of quoted investments and look at the performance of the individual stocks post 31-Mar-2015 to set your expectations. I should disclose that I do not own any unit of Royal Exchange.
Well read
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  #103 (permalink)  
Old 16th June 2015, 04:51 PM
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Default Re: Royal Exch Insurance

Royal Exchange General Insurance Pays N1.976bn Claims, Articles | THISDAY LIVE
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith
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  #104 (permalink)  
Old 4th August 2015, 04:14 AM
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Default Re: Royal Exch Insurance

Royal Exchange records N9.4 billion gross premium written, pays dividend | BusinessDay
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"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith
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  #105 (permalink)  
Old 4th October 2015, 10:58 PM
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Default Re: Royal Exch Insurance

Royal Exchange gross premium hit N4.12 billion, up 8.42 percent | BusinessDay
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  #106 (permalink)  
Old 29th October 2015, 06:59 PM
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Default Re: Royal Exch Insurance

http://www.nse.com.ng/Financial_News...TOBER_2015.pdf
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  #107 (permalink)  
Old 22nd December 2015, 02:15 AM
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Default Re: Royal Exch Insurance

ROYALEX Appoints Alhaji Auwalu Muktar as Acting GMD;Mr. Chike Mokwunye Proceeds on Terminal leave
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"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith
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  #108 (permalink)  
Old 29th June 2016, 07:31 PM
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Default Re: Royal Exch Insurance

http://www.nse.com.ng/Financial_News..._JUNE_2016.pdf

ROYAL_EXCHANGE_-_DEC_2015_AUDITED_FINANCIAL_STATEMENTS_JUNE_2016
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  #109 (permalink)  
Old 29th June 2016, 07:33 PM
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Default Re: Royal Exch Insurance

http://www.nse.com.ng/Financial_News..._JUNE_2016.pdf


ROYAL_EXCHANGE_Q1_MARCH_2016_FINANCIAL_STATEMENTS_ JUNE_2016
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