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97 Pages«<8384858687>»
Madness at the NSE
Ericsson
#1681 Posted : Tuesday, January 22, 2019 4:13:05 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,693
Location: NAIROBI
muandiwambeu wrote:
ombaalbt wrote:
September 13, 2002 in the months leading up to the yote yawezekana bila Moi the NSE 20 was at 1008.79 points. Guys haven't seen nothing yet.

What do you mean. Yote yawezekana deja Vu or what!🤕👶🙃
No, no, no, thunderstorm to strike nse is busy doing pressure ups.
Bulls aren't born cowards, and they are strategic. Here all I see is shenanigansm only. Pandemonium and quarndaryness is yet to cause a thriller show here.
Watch how gava handles it's debts and you will know how to strategize yourself on this. Wakikata corner, tunakata, wakiruka, Mimi ndiye huyo.


That was then,this is now,Guantanamera
rwitre
#1682 Posted : Tuesday, January 22, 2019 10:55:25 PM
Rank: Member


Joined: 3/8/2018
Posts: 379
Location: Nairobi
Kenya suspends law on companies’ stock buyback LINK

Ericsson
#1683 Posted : Tuesday, March 05, 2019 8:51:42 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,693
Location: NAIROBI
wukan
#1684 Posted : Tuesday, March 05, 2019 2:18:14 PM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,233
Ericsson wrote:
https://www.businessdailyafrica.com/markets/capital/Foreign-net-inflows-back-NSE/4259442-5008914-f3mi62/index.html

Mini bull run coming


Reliable sources indicate CS Treasury is on the ropes, a few more blows he will on the floor. CBK gov will struggle for term 2. Get rid of those 2 and yeah a bull run will comesmile smile
VituVingiSana
#1685 Posted : Sunday, March 17, 2019 2:29:31 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,543
Location: Nairobi
As we head into 2Q 2019, what next?

I am out of KK. Cash ni ndani but it needs to be deployed starting Monday.

I am willing to hold/wait for 5 years for a pay-off.

Banks look good. Should I add more to what I have?
Equity
I&M [Core]
NIC
Stanbic

Manufacturing is suffering but is it a chance to get in?
BOC? [I don't have any]
FTG [small holding]
ARM [dead and suspended]
Unga [Core. Will Seaboard be back? When? Higher price?]
Cables? [Zero]

Insurance?
Britam [none]
KenRe [Core. Politics?]

Services/Commerce
TPS? [I have some. Nairobi Serena will look and feel very different once it is complete]
C&G [I have some]
Longhorn [Taken off lately. Education is huge business]
Centum
Safaricom? [Expensive but what a performer]

Agrics
Williamson/Kapchorua [Some but the land issue is worrying]
Kakuzi [None but the land issue is worrying]

What I have no interest in owning given the drama, politics, prospects or lack of faith in their financials:
KQ [Negative NAV? Little prospect for a profit for 5 years without JKIA]
NBV
Kurwitu [No idea what it does]
Orchards
Sameer
Eveready
HAFR [Real estate is hurting]
Eagaads [Politics + Drama]
Mumias [Run into the ground]
Olympia [Run by a thief]
Uchumi [Dying]
Transcentury [Dying?]

*There are other firms that might be interesting but given the politics and Kenya's debt situation, I want to be cautious.
Firms need to handle their debt carefully. Don't expand too fast using debt.

Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
xtina
#1686 Posted : Thursday, March 21, 2019 8:38:34 AM
Rank: Member


Joined: 6/26/2008
Posts: 272
VituVingiSana wrote:
As we head into 2Q 2019, what next?

I am out of KK. Cash ni ndani but it needs to be deployed starting Monday.

I am willing to hold/wait for 5 years for a pay-off.

Banks look good. Should I add more to what I have?
Equity
I&M [Core]
NIC
Stanbic

Manufacturing is suffering but is it a chance to get in?
BOC? [I don't have any]
FTG [small holding]
ARM [dead and suspended]
Unga [Core. Will Seaboard be back? When? Higher price?]
Cables? [Zero]

Insurance?
Britam [none]
KenRe [Core. Politics?]

Services/Commerce
TPS? [I have some. Nairobi Serena will look and feel very different once it is complete]
C&G [I have some]
Longhorn [Taken off lately. Education is huge business]
Centum
Safaricom? [Expensive but what a performer]

Agrics
Williamson/Kapchorua [Some but the land issue is worrying]
Kakuzi [None but the land issue is worrying]

What I have no interest in owning given the drama, politics, prospects or lack of faith in their financials:
KQ [Negative NAV? Little prospect for a profit for 5 years without JKIA]
NBV
Kurwitu [No idea what it does]
Orchards
Sameer
Eveready
HAFR [Real estate is hurting]
Eagaads [Politics + Drama]
Mumias [Run into the ground]
Olympia [Run by a thief]
Uchumi [Dying]
Transcentury [Dying?]

*There are other firms that might be interesting but given the politics and Kenya's debt situation, I want to be cautious.
Firms need to handle their debt carefully. Don't expand too fast using debt.




Could have sworn Centum is one of your cores. Or you got out?
tom_boy
#1687 Posted : Thursday, March 21, 2019 10:55:40 AM
Rank: Member


Joined: 2/20/2007
Posts: 725
VituVingiSana wrote:
As we head into 2Q 2019, what next?

I am out of KK. Cash ni ndani but it needs to be deployed starting Monday.

I am willing to hold/wait for 5 years for a pay-off.

Banks look good. Should I add more to what I have?
Equity
I&M [Core]
NIC
Stanbic

Manufacturing is suffering but is it a chance to get in?
BOC? [I don't have any]
FTG [small holding]
ARM [dead and suspended]
Unga [Core. Will Seaboard be back? When? Higher price?]
Cables? [Zero]

Insurance?
Britam [none]
KenRe [Core. Politics?]

Services/Commerce
TPS? [I have some. Nairobi Serena will look and feel very different once it is complete]
C&G [I have some]
Longhorn [Taken off lately. Education is huge business]
Centum
Safaricom? [Expensive but what a performer]

Agrics
Williamson/Kapchorua [Some but the land issue is worrying]
Kakuzi [None but the land issue is worrying]

What I have no interest in owning given the drama, politics, prospects or lack of faith in their financials:
KQ [Negative NAV? Little prospect for a profit for 5 years without JKIA]
NBV
Kurwitu [No idea what it does]
Orchards
Sameer
Eveready
HAFR [Real estate is hurting]
Eagaads [Politics + Drama]
Mumias [Run into the ground]
Olympia [Run by a thief]
Uchumi [Dying]
Transcentury [Dying?]

*There are other firms that might be interesting but given the politics and Kenya's debt situation, I want to be cautious.
Firms need to handle their debt carefully. Don't expand too fast using debt.



Waiting to see how FTGH has performed in 2018 before I decide to buy more. I am not too concerned about outsize profits for FTGH. Just need to show that its a working business, making sales, paying debts, making cash. Its tough for such companies and the port delays will likely hurt them badly. But, if times change, if housing investment goes up, they are well placed to grow. Also quite diversified products and location.

Dont write off Transcentury. A turn around may be in the books if they are not feeding us hot air about a several billions order book. I am watching it for now.


They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
VituVingiSana
#1688 Posted : Wednesday, March 27, 2019 2:01:57 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,543
Location: Nairobi
@xtina - No, it wasn't core but I am redeploying cash from KK to Centum.
I&M is hot today.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
cyruskulei
#1689 Posted : Wednesday, March 27, 2019 2:22:35 PM
Rank: Member


Joined: 3/9/2010
Posts: 203
Location: kenya
VituVingiSana wrote:
@xtina - No, it wasn't core but I am redeploying cash from KK to Centum.
I&M is hot today.



Once the news hits the street, then new target price shall be 150.00.
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

Ericsson
#1690 Posted : Wednesday, March 27, 2019 2:26:44 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,693
Location: NAIROBI
cyruskulei wrote:
VituVingiSana wrote:
@xtina - No, it wasn't core but I am redeploying cash from KK to Centum.
I&M is hot today.



Once the news hits the street, then new target price shall be 150.00.


Market is too bearish to sustain a rally to that price
VituVingiSana
#1691 Posted : Wednesday, March 27, 2019 3:05:11 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,543
Location: Nairobi
Ericsson wrote:
cyruskulei wrote:
VituVingiSana wrote:
@xtina - No, it wasn't core but I am redeploying cash from KK to Centum.
I&M is hot today.


Once the news hits the street, then new target price shall be 150.00.

Market is too bearish to sustain a rally to that price
Unless there is a takeover bid smile but realistically speaking it is unlikely to go much higher than 110/- at the moment though I would not mind.

I am staying put. I think there is a lot more to come from I&M.

Huge jump in deposits so there is room to lend.
New products and an updated app.
Rwanda is doing well though there are headwinds.
UG might see an I&M if the environment is right.

Long-term manenos. I am a-OK with that.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
xxxxx
#1692 Posted : Wednesday, March 27, 2019 5:57:11 PM
Rank: Member


Joined: 3/20/2008
Posts: 476
VituVingiSana wrote:
As we head into 2Q 2019, what next?

I am out of KK. Cash ni ndani but it needs to be deployed starting Monday.

I am willing to hold/wait for 5 years for a pay-off.

Banks look good. Should I add more to what I have?
Equity
I&M [Core]
NIC
Stanbic

Manufacturing is suffering but is it a chance to get in?
BOC? [I don't have any]
FTG [small holding]
ARM [dead and suspended]
Unga [Core. Will Seaboard be back? When? Higher price?]
Cables? [Zero]

Insurance?
Britam [none]
KenRe [Core. Politics?]

Services/Commerce
TPS? [I have some. Nairobi Serena will look and feel very different once it is complete]
C&G [I have some]
Longhorn [Taken off lately. Education is huge business]
Centum
Safaricom? [Expensive but what a performer]

Agrics
Williamson/Kapchorua [Some but the land issue is worrying]
Kakuzi [None but the land issue is worrying]

What I have no interest in owning given the drama, politics, prospects or lack of faith in their financials:
KQ [Negative NAV? Little prospect for a profit for 5 years without JKIA]
NBV
Kurwitu [No idea what it does]
Orchards
Sameer
Eveready
HAFR [Real estate is hurting]
Eagaads [Politics + Drama]
Mumias [Run into the ground]
Olympia [Run by a thief]
Uchumi [Dying]
Transcentury [Dying?]

*There are other firms that might be interesting but given the politics and Kenya's debt situation, I want to be cautious.
Firms need to handle their debt carefully. Don't expand too fast using debt.



@vvs, being a long termer, how come you didn't consider Bamburi in the manufacturing sector????
VituVingiSana
#1693 Posted : Wednesday, March 27, 2019 7:38:28 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,543
Location: Nairobi
I have just so much cash to deploy.

I am already in "core" investments like:
KenRe d'oh! d'oh! d'oh!
I&M Applause
Unga Applause [even in a tough year]
and I am slowly adding Centum to the list. Pray

I want to stick to a MAXIMUM of 5 "core" investments for 80% of my assets.

So as you see I have Unga as a manufacturing play BUT manufacturing is suffering in KE vs the financials.

If the price of Bamburi came off to below 100, borrowing rates dropped to below 10%, and the construction industry looked like it was taking off then I would seriously look at Bamburi.

@xxxxx Please post your reasons on why Bamburi?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#1694 Posted : Wednesday, March 27, 2019 9:31:28 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,403
Location: nairobi
VituVingiSana wrote:
I have just so much cash to deploy.

I am already in "core" investments like:
KenRe d'oh! d'oh! d'oh!
I&M Applause
Unga Applause [even in a tough year]
and I am slowly adding Centum to the list. Pray

I want to stick to a MAXIMUM of 5 "core" investments for 80% of my assets.

So as you see I have Unga as a manufacturing play BUT manufacturing is suffering in KE vs the financials.

If the price of Bamburi came off to below 100, borrowing rates dropped to below 10%, and the construction industry looked like it was taking off then I would seriously look at Bamburi.

@xxxxx Please post your reasons on why Bamburi?

See your comments in red
COOP 5,500 ABP12.6; HF 2,000 ABP 5.90; KCB 7,500 ABP 36; KNRE 100,000 ABP 2.90; KQ 392,100 ABP 8.32
VituVingiSana
#1695 Posted : Wednesday, March 27, 2019 10:45:19 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,543
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
I have just so much cash to deploy.

I am already in "core" investments like:
KenRe d'oh! d'oh! d'oh!
I&M Applause
Unga Applause [even in a tough year]
and I am slowly adding Centum to the list. Pray

I want to stick to a MAXIMUM of 5 "core" investments for 80% of my assets.

So as you see I have Unga as a manufacturing play BUT manufacturing is suffering in KE vs the financials.

If the price of Bamburi came off to below 100, borrowing rates dropped to below 10%, and the construction industry looked like it was taking off then I would seriously look at Bamburi.

@xxxxx Please post your reasons on why Bamburi?

See your comments in red

Dear @Obiero,

Now I understand why you are so confused given English is a tough language to master.

I said "I have just so much cash" which you interpreted as "I have so much cash" but this is not uncommon among those whose command of the English language is inadequate. Your knowledge of the subtleties of the English language is similar to your understanding of accounting and finance.

Certain words like "profit" and "dividend" are missing from your vocabulary but I attribute this to the lack of familiarity with such words.

In other words, so that you may understand, you are proficient in neither English nor Finance.

Nevertheless, please do not fret. As we say, practice makes perfect.

To help you start the process to overcome your inadequacies I have included a link that explains the idiomatic turn of phrase. https://dictionary.cambr...glish/only-so-much-many

Sincerely,

VVS
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
xxxxx
#1696 Posted : Wednesday, March 27, 2019 11:28:53 PM
Rank: Member


Joined: 3/20/2008
Posts: 476
VituVingiSana wrote:
I have just so much cash to deploy.

I am already in "core" investments like:
KenRe d'oh! d'oh! d'oh!
I&M Applause
Unga Applause [even in a tough year]
and I am slowly adding Centum to the list. Pray

I want to stick to a MAXIMUM of 5 "core" investments for 80% of my assets.

So as you see I have Unga as a manufacturing play BUT manufacturing is suffering in KE vs the financials.

If the price of Bamburi came off to below 100, borrowing rates dropped to below 10%, and the construction industry looked like it was taking off then I would seriously look at Bamburi.

@xxxxx Please post your reasons on why Bamburi?


Mgt keeps yapping abt initiatives that will make them the least cost producer, brand & reputation, Anchor shareholder, Little debt, Strong cashflow generation abilities. etc
xxxxx
#1697 Posted : Wednesday, March 27, 2019 11:30:41 PM
Rank: Member


Joined: 3/20/2008
Posts: 476
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
I have just so much cash to deploy.

I am already in "core" investments like:
KenRe d'oh! d'oh! d'oh!
I&M Applause
Unga Applause [even in a tough year]
and I am slowly adding Centum to the list. Pray

I want to stick to a MAXIMUM of 5 "core" investments for 80% of my assets.

So as you see I have Unga as a manufacturing play BUT manufacturing is suffering in KE vs the financials.

If the price of Bamburi came off to below 100, borrowing rates dropped to below 10%, and the construction industry looked like it was taking off then I would seriously look at Bamburi.

@xxxxx Please post your reasons on why Bamburi?

See your comments in red

Dear @Obiero,

Now I understand why you are so confused given English is a tough language to master.

I said "I have just so much cash" which you interpreted as "I have so much cash" but this is not uncommon among those whose command of the English language is inadequate. Your knowledge of the subtleties of the English language is similar to your understanding of accounting and finance.

Certain words like "profit" and "dividend" are missing from your vocabulary but I attribute this to the lack of familiarity with such words.

In other words, so that you may understand, you are proficient in neither English nor Finance.

Nevertheless, please do not fret. As we say, practice makes perfect.

To help you start the process to overcome your inadequacies I have included a link that explains the idiomatic turn of phrase. https://dictionary.cambr...glish/only-so-much-many

Sincerely,

VVS


Laughing out loudly Laughing out loudly forgive
Ebenyo
#1698 Posted : Wednesday, March 27, 2019 11:40:54 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,735
Location: Kitale
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
I have just so much cash to deploy.

I am already in "core" investments like:
KenRe d'oh! d'oh! d'oh!
I&M Applause
Unga Applause [even in a tough year]
and I am slowly adding Centum to the list. Pray

I want to stick to a MAXIMUM of 5 "core" investments for 80% of my assets.

So as you see I have Unga as a manufacturing play BUT manufacturing is suffering in KE vs the financials.

If the price of Bamburi came off to below 100, borrowing rates dropped to below 10%, and the construction industry looked like it was taking off then I would seriously look at Bamburi.

@xxxxx Please post your reasons on why Bamburi?

See your comments in red

Dear @Obiero,

Now I understand why you are so confused given English is a tough language to master.

I said "I have just so much cash" which you interpreted as "I have so much cash" but this is not uncommon among those whose command of the English language is inadequate. Your knowledge of the subtleties of the English language is similar to your understanding of accounting and finance.

Certain words like "profit" and "dividend" are missing from your vocabulary but I attribute this to the lack of familiarity with such words.

In other words, so that you may understand, you are proficient in neither English nor Finance.

Nevertheless, please do not fret. As we say, practice makes perfect.

To help you start the process to overcome your inadequacies I have included a link that explains the idiomatic turn of phrase. https://dictionary.cambr...glish/only-so-much-many

Sincerely,

VVS



Laughing out loudly Laughing out loudly Na tulikuwa tumemiss hii mambo.ni mzuri imerudi!
Towards the goal of financial freedom
VituVingiSana
#1699 Posted : Wednesday, March 27, 2019 11:55:26 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,543
Location: Nairobi
xxxxx wrote:
VituVingiSana wrote:
I have just so much cash to deploy.

I am already in "core" investments like:
KenRe d'oh! d'oh! d'oh!
I&M Applause
Unga Applause [even in a tough year]
and I am slowly adding Centum to the list. Pray

I want to stick to a MAXIMUM of 5 "core" investments for 80% of my assets.

So as you see I have Unga as a manufacturing play BUT manufacturing is suffering in KE vs the financials.

If the price of Bamburi came off to below 100, borrowing rates dropped to below 10%, and the construction industry looked like it was taking off then I would seriously look at Bamburi.

@xxxxx Please post your reasons on why Bamburi?


Mgt keeps yapping abt initiatives that will make them the least cost producer, brand & reputation, Anchor shareholder, Little debt, Strong cashflow generation abilities. etc
Makes sense but unless the construction picks up, where will they sell the cement? There's a lot of competition. I read that Simba Cement (Devki) picked up West Kenya's mining concessions.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#1700 Posted : Friday, March 29, 2019 9:37:15 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,693
Location: NAIROBI
Following companies are currently announcing their FY results
Britam
HFCK
Kakuzi
CFC Insurance/Liberty Holdings

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