Home SK - Stocks, Property, Investment Chamas - Investment Groups BIZ - Small Business Soko - Market Wazua Life About Wazua
SIGN IN REGISTER
Tuesday, Jan 19, 2021
Investor
We’re investing funds for profit. Join us and wazua!
LATEST DISCUSSIONS
Exchange Bar: Results forecast [2276]
Kenya Airways...why ignore.. [15129]
Briatm, Britam, Britam sounds like sweet candy! [1226]
KCB buy buy buy [1312]
Why dustbowl is the future [723]
JUBILEE HOLDINGS [67]
Kenya Economy Watch [2594]
Elliott Wave Analysis Of The NSE 20 [3689]
CIC Insurance 2019 [129]
Safaricom 2019/2020 [531]
Uchumi - A value play? [544]
Mansa-X Fund by SIB. Anyone who has invested with ... [23]
Northlands City!!! [51]
Mumias Sugar huge demand [2864]
Tesla stock [59]
 
Forum Jump








Welcome Guest Search | Active Topics | Log In | Register

4 Pages123>»
JUBILEE HOLDINGS
mukiha
#1 Posted : Wednesday, February 10, 2010 7:53:34 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
This is a carry over from another thread:

"Jubilee is not just an insurance business; it is an investment company whose holdings include banking (DTB), tourism (TPS-EA), power generation (Tsavo Power), real estate (IPS building) etc...."

Looking at the financial report for 2008, the company has managed an average of 21% p.a growth in profits (EPS) in the last ten years.

Dividends have averaged 12% pa growth in the same period.

But the price....that's a different story...but we know the reason why.

I think this is a good one for long term. P/E of 10 is bad for such consistent growth.

Jubilee: you are on my cross-hairs!
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Gordon Gekko
#2 Posted : Wednesday, February 10, 2010 10:49:20 AM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
You have left out investment in fibre (Seacom) whose revenues should show up in this years accounts....
E2D
#3 Posted : Wednesday, February 10, 2010 12:44:11 PM
Rank: Member


Joined: 11/13/2009
Posts: 35
and their insurance products vs returns are quite impressive!!!
guru267
#4 Posted : Thursday, February 11, 2010 6:30:11 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Quote:
But the price....that's a different story...but we know the reason why.

@mukiha.. is there another reason why the price is low except general market conditions?
Mark 12:29
Deuteronomy 4:16
RichVee
#5 Posted : Thursday, February 11, 2010 9:23:31 AM
Rank: Member


Joined: 1/26/2010
Posts: 124
@guru, is the price low?? I think it is high!
Tired of mediocrity. Am going to the very top!
guru267
#6 Posted : Thursday, February 11, 2010 10:12:46 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@richvee.. jubilee is not highly priced at all.. @mukiha pointed out that it has seen good growth in profits and dividends.. and a p/e of 9.7 is fairly cheap especially considering it has a wide untapped market and is well diversified... though i think its shares need a split to unlock its value...

this counter in my opinion is a good buy!!
Mark 12:29
Deuteronomy 4:16
RichVee
#7 Posted : Thursday, February 11, 2010 10:50:58 AM
Rank: Member


Joined: 1/26/2010
Posts: 124
I suppose what I meant is that it needs to be split...
Tired of mediocrity. Am going to the very top!
VituVingiSana
#8 Posted : Thursday, February 11, 2010 3:54:30 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,371
Location: Nairobi
Jubilee does not want fly-by-night investors or speculators thus they will give bonuses but no splits.

The Chairman is a jamaa who is forceful & likes the current status! Produce results, the share price will take care of itself....
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#9 Posted : Friday, February 12, 2010 6:03:57 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@VVS you may be right about the management not wanting to split this stock but how will they offer the shareholders more value???
the NSE trends after 2007 indicate that no matter how much profits are increased the share prices dont seem to be able to go above 200bob and thus remain undervalued especially the ones with low foreign demand..
its unheard of for a market to have counters trading with a p/e of 3 or 4 for no fundamental reason
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#10 Posted : Friday, February 12, 2010 3:26:57 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,371
Location: Nairobi
@guru - Jubilee constantly gives bonuses. I think they will do so again since the IRA wants certain levels of 'Share Capital'.

BTW, the IRA position should be 'Shareholder Funds' but oh well...

Anyway, I am sure Jubilee will give a bonus or split but not to the level of 20/- shares... more like trying to stay in the 80+ range
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
E2D
#11 Posted : Saturday, February 13, 2010 1:12:01 PM
Rank: Member


Joined: 11/13/2009
Posts: 35
Infact the Insurance Regulator, IRA, has insured with Jubilee.
probably tells jubilee's position as a strong,viable co.
VituVingiSana
#12 Posted : Monday, February 15, 2010 6:54:23 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,371
Location: Nairobi
E2D wrote:
Infact the Insurance Regulator, IRA, has insured with Jubilee.
probably tells jubilee's position as a strong,viable co.

LOL... That is a show of confidence... though I thought all government institutions had to use a government insurance firm (if there is one after KNAC collapsed)...

So which stockbroker does CMA use?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Gordon Gekko
#13 Posted : Monday, July 04, 2011 4:43:53 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
Just going through the segmental reporting of the past year. JHL is in Kenya, Uganda, Tanzania, Mauritius and Burundi, but NOT in Rwanda!! Of these geographical segments, Burundi is loss making. The profits for the year are Kenya-1,358,601 Uganda-330,981 Tanzania-45,770 Mauritius-110,310 Burundi-(6,538) Total-1,839,124. Saving grace for Burundi is that this is the first year so it should impact the bottom line positively this year. I think the chairman said they are looking at West Africa for expansion - that means even more moolah.

In the chairman's statement "I am proud to advise that on 3rd August, 2011 Jubilee will commence it’s 75th Year and accordingly various initiatives have been planned which will benefit all the stakeholders including customers, intermediaries and employees." A hunch - something is in the offing during the upcoming interim announcement (last year 15th August 2010).
youcan'tstopusnow
#14 Posted : Sunday, July 10, 2011 2:52:33 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
These guys are now fund managers.

Jubilee gets fund manager’s licence

guru, you should apply for a job thereLaughing out loudly
GOD BLESS YOUR LIFE
hisah
#15 Posted : Sunday, July 10, 2011 7:36:19 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
These guys are now fund managers.

Jubilee gets fund manager’s licence

guru, you should apply for a job thereLaughing out loudly

This is a good move when the market is underwater.

This stock is still undervalued. I foresee a Barclays or KCB parabolic before a split is forced to take place. Around 400-500/-

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Aguytrying
#16 Posted : Sunday, July 10, 2011 9:02:18 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,032
hisah wrote:
[quote=youcan'tstopusnow]These guys are now fund managers.

Jubilee gets fund manager’s licence

guru, you should apply for a job thereLaughing out loudly

This is a good move when the market is underwater.

This stock is still undervalued. I foresee a Barclays or KCB parabolic before a split is forced to take place. Around 400-500/-

could you please, rewind and come again. Barclays i understand, its the way it moved from 60-70 pre split. But what do you mean by kcb parabolic? I like the figures of jubilee, you are quoting though.
The investor's chief problem - and even his worst enemy - is likely to be himself
hisah
#17 Posted : Sunday, July 10, 2011 9:10:46 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Aguytrying wrote:
hisah wrote:
[quote=youcan'tstopusnow]These guys are now fund managers.

Jubilee gets fund manager’s licence

guru, you should apply for a job thereLaughing out loudly

This is a good move when the market is underwater.

This stock is still undervalued. I foresee a Barclays or KCB parabolic before a split is forced to take place. Around 400-500/-

could you please, rewind and come again. Barclays i understand, its the way it moved from 60-70 pre split. But what do you mean by kcb parabolic? I like the figures of jubilee, you are quoting though.


KCB also raced to incredible heights before the split. Or if you want even more wildness EAC almost blew off the NSE top...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
kenyainvesting.blogspot.com
#18 Posted : Monday, July 11, 2011 11:21:40 AM
Rank: New-farer


Joined: 3/29/2011
Posts: 56
Location: Kenya
Big coup for Jubilee as it swipes the KQ account off AON Minet's feet
MY BLOG: Kenya Investing
BE MY FRIEND ON FACEBOOK: Kenya Investing Facebook Page
TWITTER HANDLE: @kenyainvestor
Gordon Gekko
#19 Posted : Monday, July 11, 2011 12:53:23 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
kenyainvesting.blogspot.com wrote:
Big coup for Jubilee as it swipes the KQ account off AON Minet's feet

Which business? I hope not something as miniscule as WIBA.
FUNKY
#20 Posted : Monday, July 11, 2011 5:03:28 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,629
Any link to support the great news.
Users browsing this topic
Guest
4 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Home | . .. Investor | .. . Groups | .. . SME | . . . Market | .. . Club SK | . ..... About Wazua | . .. Search | . ..Sitemap | . ..Support | . ..Disclaimer | . ..Privacy Policy | . ..Terms of Use | . .. Contact Us
Copyright © 2021 Wazua.co.ke. All Rights Reserved.