Friday, November 11, 2022

UNASHIG Group A -- Pro-Rated Premiums Rates for the Period from December 22 2022 to September 2023

The link below provides details of the premium rates to be charged by UAP, the insurance company, during the shortened period running from December 22, 2022 to September 21, 2023. Please tap/click on the link to see the details to enable you to decide which package best suits your needs and pockets. Depending on the number of interested participants, there will be 3 or 4 activations in total, by the deadline.

LINK: Available Pro-rated Premium Rates.

The premium rates shared with you cover family sizes from 1 to six.

Here below are examples of the premiums (including a 0.45% TL/PHPF charge) that single Members (M+0) and couples (M+1) will pay for the indicated benefits (adding Dental and Optical cover will increase the cost, as specified via the link just given):

1. M+0 Members (Inpatient Only):

-- 10m Inpatient only = KES143,418/-

-- 5m Inpatient only   = KES125,821/-

-- 3m Inpatient only   = KES121,909/-

-- 2m Inpatient only   = KES119,954/-. 

 2. M+1 Members (Inpatient Only):

 -- 10m Inpatient only = KES216,449/-

-- 5m Inpatient only   = KES192,987/-

-- 3m Inpatient only   = KES186,342/-

-- 2m Inpatient only   = KES183,016/-.

3. M+0 Members (Inpatient+ Outpatient)

-- 10m Inpatient+Outpatient = KES214,457/-

-- 5m Inpatient+Outpatient   = KES190,978/-

-- 3m Inpatient+Outpatient   = KES187,066/-

-- 2m Inpatient+Outpatient   = KES185,111/-.

4. M+1 Members (Inpatient+ Outpatient)

-- 10m Inpatient+Outpatient = KES343,496/-

-- 5m Inpatient+Outpatient   = KES312,157/-

-- 3m Inpatient+Outpatient   = KES305,508/-

-- 2m Inpatient+Outpatient   = KES302,187/-.


Tuesday, November 08, 2022

UNASHIG's Share Price and Market Capitalization of Holdings Quoted on the Nairobi Securities exchange _ November 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, November 11th, 2022.

All four metrics closed lower today. The ranking below shows that  CBshare fell the most (-1.06%), to close at KES1,910.22 (or US$15.69, at a forex rate of KES121.85 per US$):   

1. NSE 20 Index: -0.05%
2. NSE 25 Index: -0.22%  
3. NASI (NSE All-Share Index): -0.50%
4. CBshare price (25 counters): -1.06%*. 
 
KES1,910.22 is the new price (before we add the standard stock-market trading charges that apply) at which a CBshare will be traded -- until 5:00 PM, Monday, November 14th. 

Unashig's market capitalization also dipped by -1.06%, to close at KES6,430,981 (or US$52,821.20). 

YTD, the price of a CBshare has fallen by 16.91%, while Unashig's market capitalization has shrunk by 14.43%. 


Thursday, November 10th, 2022.

Three metrics, including CBshare, made further gains today. The ranking below shows that CBshare gained another 0.43% in value, to close at  KES1,930.65 (or US$15.86, at a forex rate of KES121.75 per US$). This performance flipped CBshares' ranking from fourth yesterday to second today; with NASI retaining its 'pole' position:   

1. NASI (NSE All-Share Index): +0.65%
2. CBshare price (25 counters): +0.43%* 
3. NSE 25 Index: +0.34%
4. NSE 20 Index: -0.12%. 

Unashig's market capitalization also made a 0.43% gain, to close at KES6,499,753 (or US$53,386.06). 

YTD, the price of a CBshare has fallen by 16.02%, while Unashig's market capitalization has shrunk by 13.52%. 


Wednesday, November 9th, 2022.

All our four indices closed the day on a positive note. As the ranking below shows, CBshare gained another 0.03%, to close at  KES1,922.44 (or US$15.79, at a forex rate of KES121.78 per US$). However, this performance pushed it down from the second position the previous day to the fourth at today's close:   

1. NASI (NSE All-Share Index): +0.43% 
2. NSE 25 Index: +0.38%
3. NSE 20 Index: +0.28% 
4. CBshare price (25 counters): +0.03%*.

Unashig's market capitalization also made a 0.03% gain, to close the day at KES6,472,094.50 (or US$53,145.79). 

YTD, the price of a CBshare has fallen by 16.38%, while Unashig's market capitalization has shrunk by 13.89%. 

Tuesday, November 8th, 2022.

Two indices fell, while the other two made marginal gains at today's close. As we see below, CBshare gained 0.03%, to close at  KES1,921.93 (or US$15.79, at an even weaker forex rate of KES121.68 per US$):   

1. NSE 20 Index: +0.10%
2. CBshare price (25 counters): +0.03%*
3. NASI (NSE All-Share Index): -0.13%
4. NSE 25 Index: -0.27%. 

Unashig's market capitalization also made a 0.03% gain, to close the day at KES6,470,375.00 (or US$53,175.34). 

YTD, the price of a CBshare has fallen by 16.40%, while Unashig's market capitalization has shrunk by 13.91%. 


Monday, November 7th, 2022.

Three metrics continued to decline today. CBshare's performance remained unchanged, however, and this was enough to propel it from the fourth position to the first at the close -- as we see below. Its price closed unchanged at KES1,921.40 (or US$15.80, at a forex rate of KES121.60 per US$). NASI's ranking dropped to the second position.   

1. CBshare price (25 counters): 0.00%*
2. NASI (NSE All-Share Index): -0.02%
3. NSE 25 Index: -0.39% 
4. NSE 20 Index: -0.76%.
 
Unashig's market capitalization dropped by 0.43%, to close at KES6,468,614.00 (or US$53,195.84). 

YTD, the price of a CBshare has fallen by 16.43%, while Unashig's market capitalization has shrunk by 13.93%. 



ALSO READ: History of NSE


SHAREHOLDERS ARE REMINDED THAT While share trading is not Unashig's core business, it is an important aspect of an enterprise such as ours. Unashig is a limited liability company registered under Kenya's Companies Act. It is wholly owned by its registered shareholders, currently numbering 249. Investing the amounts generated through the periodic sale of issued CBshares in dividend/income-generating ventures is a prudent and indeed surer way of growing the company. Surer, certainly, than spending it on routine office activities.

The average number of CBshares held per shareholder remains very low, however. This is not conducive to rapid capital/asset growth, or the generation of substantial and distributable dividend income. For over 12 months, the value of our CBshare has proven that Unashig's investment decisions continue to be competitive with, and quite frequently superior to, those pegged on the trajectory of any, or often all, of the three active NSE indices.  

READ: The Core Business of Unashig Kenya PLC.


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



BOOK LINK: Rock of the Boat    

[NOTE: With a current subscription for Amazon Kindle Unlimited, you can download to your E-Reader, for free, a complete copy of Rock of the Boat]