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the deal
#1 Posted : Friday, August 05, 2011 10:48:38 AM
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Joined: 9/25/2009
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Location: Windhoek/Nairobbery
Congrats @QW although turnover declined...its good to see positive numbers... Analysis here http://contrarianinvestingkenya.info
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Cde Monomotapa
#2 Posted : Friday, August 05, 2011 10:57:52 AM
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Turnover drop can be attributed to drop in tarriffs. The bottom line can b attributed to cost savings & higher margins. Wapi link?
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Cde Monomotapa
#3 Posted : Friday, August 05, 2011 11:00:10 AM
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Cheers @QW..Merry Xmas.
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selah
#4 Posted : Friday, August 05, 2011 11:00:48 AM
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the deal wrote:
Congrats @QW although turnover declined...its good to see positive numbers... Analysis here http://contrarianinvestingkenya.info


For a moment there I was in shock b4 I realised I was looking at Jubilee results...I think you have not updated the site.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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mlennyma
#5 Posted : Friday, August 05, 2011 11:03:26 AM
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I did promise a positive outlook on numbers...is the worst over?
"Don't let the fear of losing be greater than the excitement of winning."
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selah
#6 Posted : Friday, August 05, 2011 11:11:37 AM
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Am I seeing Right..The company has a negative working capital...what does that mean for the company..will it borrow to remain liquid or what?
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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guru267
#7 Posted : Friday, August 05, 2011 1:50:25 PM
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SELL!! SELL!! SELL!! smile
Mark 12:29
Deuteronomy 4:16
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kenyainvestor
#8 Posted : Friday, August 05, 2011 3:47:45 PM
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Joined: 7/12/2011
Posts: 194
selah wrote:
Am I seeing Right..The company has a negative working capital...what does that mean for the company..will it borrow to remain liquid or what?


Total Assets for the 6 month period to 30th June 2011 Total up 7.7% BUT Total Assets in comparison to the Half Year 2010, was down 6.4% to Kshs. 1.74 Billion.

Net cash from operating activities was significantly down

Profit increase was due to a decrease in the Cost of Sales, as Turnover was slightly down

For a closer look at the results, check out my blog

LINK: ACCESS KENYA HALF YEAR 2011 RESULTS ANALYSIS TURNOVER SLIGHTLY DOWN BUT PROFIT AFTER TAX DOUBLES
LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5
FACEBOOK: Kenya Investing
TWITTER HANDLE: @kenyainvestor
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selah
#9 Posted : Friday, August 05, 2011 3:55:25 PM
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@kenyainvestor Looking at the working capital they have indicated a negative figure...how will they meet their short term expenditures.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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selah
#10 Posted : Friday, August 05, 2011 3:57:02 PM
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@kenyainvestor Looking at the working capital they have indicated a negative figure...how will they meet their short term expenditures.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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kenyainvestor
#11 Posted : Friday, August 05, 2011 4:12:15 PM
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selah wrote:
@kenyainvestor Looking at the working capital they have indicated a negative figure...how will they meet their short term expenditures.

Sad Sad Sad
The doubling in profit should not sway people

ESOP available for sale has decreased. What does that indicate?
LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5
FACEBOOK: Kenya Investing
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Gordon Gekko
#12 Posted : Friday, August 05, 2011 4:49:50 PM
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Joined: 5/27/2008
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Iko dividend? This is one share I bought at 23/- and dumped at 18/-, I don't regret the 5/- loss.
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kenyainvestor
#13 Posted : Friday, August 05, 2011 6:46:00 PM
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Gordon Gekko wrote:
Iko dividend? This is one share I bought at 23/- and dumped at 18/-, I don't regret the 5/- loss.

It has moved from ICU to HDU.I am not betting against a relapse!
LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5
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the deal
#14 Posted : Friday, August 05, 2011 6:58:33 PM
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Joined: 9/25/2009
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Location: Windhoek/Nairobbery
Here is the link to my access kenya upgrade http://contrarianinvesti...oubles-our-analysis.html
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muganda
#15 Posted : Tuesday, August 16, 2011 12:16:34 PM
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Joined: 9/15/2006
Posts: 3,906
August 16, 2011: Kris Senanu talking big...
"We are going to make massive profits," he said. "You can assume it is going to be 120 million shillings plus for the full year. Whatever we have done in the half year we are going to continue and it is going to be better."

"The company is "on track" to grow its number of corporate customers to 4,600 by December from 4,250 in the first half. AccessKenya is the market leader with a 40 percent share of the corporate market."

"Our share price will go up," he said. "When our share price is trading at 18 shillings, 19 shillings, let someone make us an offer then we are going to listen to it."

http://gulfnews.com/business/te...omer-base-grows-1.852017

And that should lay to rest debate on whether they are selling at all...
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FUNKY
#16 Posted : Tuesday, September 13, 2011 2:28:34 PM
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Sober
#17 Posted : Tuesday, September 13, 2011 3:10:01 PM
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FUNKY wrote:
http://www.bloomberg.com/news/2011-09-13/accesskenya-gains-first-day-in-three-on-bets-57-drop-overdone.html


i just laughed when i read this section of "Kenya’s worst-performing share this year gained as much as 6.3 percent to 5.95 shillings before trading 3.6 percent up at at 5.80 shillings by 12:35 p.m. in the capital, Nairobi, trimming its drop this year to 57 percent."
it is called being a best loser.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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QW25081985
#18 Posted : Tuesday, September 13, 2011 3:13:39 PM
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Joined: 8/29/2011
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Location: Mtaani
This stock will make millionaires sadly nobody cares about it ...just a run upto its fair value of 16 is enough....
thats *3 of your capital
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mlennyma
#19 Posted : Tuesday, September 13, 2011 3:59:09 PM
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Joined: 7/21/2010
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This one i support qw...a professional supports facts but not who puts across the fact.
"Don't let the fear of losing be greater than the excitement of winning."
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QW25081985
#20 Posted : Friday, September 16, 2011 9:49:20 PM
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Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
am still buying here guys ..lol as long as the index CAN STAY ABOVE 3500 mark . i will keep buying this ...
a run up to ipo price of 10.00 shld be in order dnt you think ?????
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