UAP GROUP INSURANCE _ Renewal Rates and First Activation Dates For Group B Participants - March 18th, 2022 To March 17th, 2023

Please find at the link below the Group B renewal rates set by UAP for the period running from March 18th, 2022 to March 17th, 2023. 

LINK: Renewal Rates For Group B Members -- 2022 To 2023

The premium rates have a 10% loading. This is the lowest increase so far offered by the insurer. It reflects a more prudent use of benefits -- particularly in relation to Outpatient Cover -- by Group B participants during the year which ends on March 17th, 2022. Group A members who did not renew their cover in December are free to join Group B. So are all others who wish to participate.

Also included in the premium rates are:
a. A covid insurance charge based on family size; and,
b. A 0.45% statutory charge for TL/PHPF

All are reminded that participants in this Group Insurance cover are required to own at least 3 Unashig shares. Incidentally, most Unashig members already meet this requirement. There is also an Insurance Processing Fee of KES 1,500/- per family.

New Members will also need to fill a Membership Registration Form and pay KES2,000/- as a one-off fee per family.

Anyone resident in Kenya is eligible to participate in this group initiative.

 All are advised that premium payments must be made in full at least 5 working days prior to the preferred insurance activation date. The first activation is scheduled for March 18th, 2022. In order to accommodate those who may not be ready on March 18th, a provision has been made for up to three additional activation dates thereafter, the last being April 17th, 2022. However, the last date of insurance cover for all Group B Members, regardless of the activation date, will be March 17th, 2023. The earlier your activation date the better.

UNASHIG's Share Price and Market Capitalization of Holdings Quoted on the Nairobi Securities Exchange _ February 7th to 11th 2022

For a Background to this series of Summaries at the close of each trading day, please READ: "Introduction to Trends in Unashig's CBshare Price and Market Capitalization."  

Share Price and Market Capitalization at the Close of Specified Days of the Week:

Friday, February 11th, 2022.

The price of a CBshare dipped 0.28% today to close at KES2,315.51 (or US$20.37, at the forex rate of KES113.65 per US$). Despite this loss, its ranking relative to the usual NSE indices improved from fifth to second, as we see below:

1. NSE 20 Index: Up 0.03%
2. CBshare price (25): Down 0.28%*
3. NSE 25 Index: Down 0.39%
4. NASI (NSE All-Share Index): Down 0.40%
5. FTSE NSE Kenya 25 Index: Down 0.49%.

Unashig's market capitalization also declined 0.28% to close at KES7,658,805.00 (US$67,389.40).

On a Week-on-Week basis, performance ranking among the five metrics shuffles considerably, as we now see:

1. NASI (NSE All-Share Index): Up 0.55%
2. NSE 25 Index: Up 0.02%
3. CBshare price (25): Down 0.06%*
4. FTSE NSE Kenya 25 Index: Down 0.12%
5. NSE 20 Index: Down 0.20%.

YTD, CBshare has gained 0.72%, while market capitalization has posted 1.90% on the growth curve (which is certainly a lower point than we saw at the end of last week).

Since December 31st, 2020, CBshare has grown 12.86%, while market capitalization has recorded a 37.74% gain.

SUMMARY: CBshare is now priced at KES2,315.51 (US20.37) -- plus (for trading purposes) statutory and brokerage charges ranging from approximately 3.55% of the price of one share to 2.26% of the price of 10 shares bought at the same time. That price will remain steady until 5:00 PM (GMT+3) Monday, February 14th. A new price will be released early or later Monday night.  

Thursday, February 10th, 2022.

CBshare gained 0.34% to close at KES2,322.01 (or US$20.43, at the forex rate of KES113.65 per US$). However, it fell from 3rd to 5th position, as today's ranking shows below:

1. NASI (NSE All-Share Index): Up 0.68%
2. FTSE NSE Kenya 25 Index: Up 0.62%
3. NSE 25 Index: Up 0.52%
4. NSE 20 Index: Up 0.39%
5. CBshare price (25): Up 0.34%. 

Unashig's market capitalization also gained 0.34%, to close at KES7,680,294.50 (US$67,578.48).

YTD (i.e. since December 31st, 2021), the value of a CBshare has seen a gain of 1.00%, while market capitalization has jumped 2.19%.

Since December 31st, 2020, on the other hand, CBshare has climbed to 13.18% on the growth curve, while market capitalization has surged 38.13%. These gains in CBshare price and market capitalization turn out to be at the third-highest points, respectively, since January 7th, 2022.

RELATED: "Foreign investor share sales drop in January" (Business Daily, Feb 10, 2022)

SUMMARY: CBshare is now priced at KES2,322.01 (US$20.43) -- plus (for trading purposes) statutory and brokerage charges ranging from approximately 3.55% of the price of one share to 2.26% of the price of 10 shares bought at the same time. That price will hold until 5:00 PM (GMT+3) Friday, February 11th. A new price will be released early or later Friday night.              

Wednesday, February 9th, 2022.

CBshare's price dipped 0.54% to close at KES2,314.11 (or US$20.36, at the forex rate of KES113.64 per US$). However, it climbed from 4th to 3rd position, as today's ranking shows below:

1. NSE 20 Index: Up 0.09%
2. NSE 25 Index: Down 0.42%
3. CBshare price (25): Down 0.54%*
4. NASI (NSE All-Share Index): Down 0.80%
5. FTSE NSE Kenya 25 Index: Down 0.88%.

Unashig's market capitalization also declined 0.54% to close at KES7,654,178.00 (US$67,354.81).

YTD, CBshare has gained 0.66%; while market capitalization has grown 1.84%.

Since December 31st, 2020, CBshare has hit 13.41% point on the growth curve, while market capitalization has climbed even faster to 37.66%.

Tuesday, February 8th, 2022.

CBshare edged up another 0.37% to close at KES2,326.66 (or US$20.48, at the forex rate of KES113.60 per US$). However, its ranking dropped to fourth, as we see below: 

1. NASI (NSE All-Share Index): Up 1.19%
2. FTSE NSE Kenya 25 Index: Up 0.78%
3. NSE 25 Index: Up 0.58%
4. CBshare price (25): Up 0.37%*
5. NSE 20 Index: Down 0.37%. 

Unashig's market capitalization also rose 0.37%, closing the day at KES7,695,696 (US$67,743.80).

YTD, the price of a CBshare has made a 1.20% gain; while market capitalization has grown another 2.39% -- a rate virtually double that of CBshare.

Since our new baseline of December 31st, 2020, the price of a CBshare has jumped 13.41%, while market capitalization has surged 38.41%.

 

Monday, February 7th, 2022.

CBshare climbed by the narrowest margin, closing the day as it did only 0.05% up, at KES2,318.05 (or US$20.40, at the forex rate of KES 113.64 per US$). But, as we see below, this was enough to rank it first, on a day when all the key indices dipped:

1. CBshare price: Up 0.05%*
2. NASI (NSE All-share Index): Down 0.11%
3. FTSE NSE Kenya 25 Index: Down 0.14%
4. NSE 25 Index: Down 0.26%
5. NSE 20 Index: Down 0.35%.

Market capitalization also grew 0.05% higher than Friday's closing mark, to close at KES 7,667,207.50 (US$67,468.27). 

YTD (year-to-date), the price of a CBshare represents a 0.83% gain. Market capitalization has grown even faster, closing the period with a 2.02% gain.

Since December 31st, 2020 (our baseline), CBshare has accumulated a 12.99% gain, while today's market capitalization represents an even larger gain of 37.90%.    

FOR SUMMARIES FOR EARLIER DATES, PLEASE READ: "UNASHIG's Share Price and Market Capitalization... January 31st to February 4th 2022"

How Humanity Will Populate the Universe

Migration is the only way, and reason, that humanity -- out of Africa and armed with insight, aspiration, and crude but increasingly effective and advanced technology -- cleared "pathways" and settled "all over" the Earth. We did not do so by merely peeping into the horizon. We will not conquer the universe either -- to whatever extent we might -- by simply staring into the heavens with spectacular telescopes and dreaming of time travel.