I believe the above mentioned sector will be the sector to watch in 2011 and beyond

Reasons

1. The Kenyan economy is on a growth trajectory coupled with cheap loans of 2010 more and more companies are spending huge sums on adverting, so watch out for the media stocks i expect them to offer awesome returns in 2011 i.e NMG, Scan and Standard Group

2. Tourism is at an all time and is set to continue growing provided the political scene keeps calm, i expect more tourists in 2011 thus the likes of KQ and TPS Serena will reap it big, the tourism factor will also be helped by KQ´s recent rapid expansion.

3. The motor stock´s of the NSE are currently undervalued mainly due to the dissapointing results they have reported thus but look at it at another angle...with the Economy growing corporate Kenya and individuals will spend more so i expect a CMC turnaround in 2011 while C&C will continue to grow.

4. Safaricom i think the current price has a lot of negative news in it, i expect the data segment and Mpesa to be on a hyper growth curve, i know voice revenues will take a hit but by what margin...the cheaper the price the more you call!!!

Disclaimer: This are my personal view and does not equate to a Buy or Sell recommendation for any of the stocks i have discussed above.

Merry Xmas and a Happy New Year.

The Deal.

www.nanodog.net
kenya@nanodog.net

THE DEAL:Get out of here.Who buys cars from CMC other than matatu people.We drive mitumba cars.....CMC and C&G;too bad for you,sell your shares there and buy KPLC or Equity Bank.....otherwise,have a merry x-mas,happy new year!

deal, the deal is not whether drivers are buying into banks. It's whether banks are going to make money in 2011

I don't know about Ali Baba but i know something about CMC and i wouldn't recomment anybody to buy. They had their days but currently except the defenders for administration police and Passats for the ministers and a few big guys buying rangerovers all the other divisions are doing badly. Company is leaking employees like hell. All those rangerovers on the road are direct imports most of which are not even serviced by cmc.
Car general on the other hand car & general main job is not cars their only model is the Alfa Romeo their main business is in tuk tuks motor cycles, generators and even outboard motors, ie their main job is on the general and their doing quite well.
All in all cmc is a big old company with promise-some of the best brands but pathetic management. C & G is a small growing company which is servicing a niche market and doing a good job.

for insight on how to invest in the motor sector, read the boak by peter lynch. basically he says that you should study the pent up demand. you postpone buy a car now but u have to buy later to replace an ineffient car. look at double M. the had old smoking cars but now they are replacing them. open your eyes and see the no on new KBN of double m and Kbs buses. the pent up demand is beginning to be filled. the result for this year will be poor. the price will fall for cmc. but once the price reaches a good bottom let us buy because the sales will hit the roof. people have to replace inefficient buses, heavy commecial and GOK vehicles that cannot be suplied by the second hand market.

i had cmc in my portfolio, not a productive stock and i wont touch it again

Well for CMC before you touch them you have to look at this http://www.kmi.co.ke/vehicle_sales_class.php