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KenolKobil FY2011 results pretax profit jumps 74 pct
guru267
#11 Posted : Tuesday, February 28, 2012 10:15:33 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
dunkang wrote:
TOTAL RULES!

Shame on you Liar Shame on you Liar
Mark 12:29
Deuteronomy 4:16
the deal
#12 Posted : Tuesday, February 28, 2012 10:17:45 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
NEW POST: Although top line growth looks quite strong, the company’s profitability declined as indicated by the drop in profit margins, management needs to do more to contain costs and watch the company’s debt levels since they’re starting to affect ROCE, hopefully the scrapping of promotions such as Deal Poa and the companies focus on high margin business lines, introduction of new business lines and the companies strong supply chain will help improve margins in 2012 and enhance profitability at the company. A stable Shilling will also be key this year. On a trailing PE of 5.2 and a dividend yield of 8.5% I rate Kenol Kobil Strong BUY with a price target of Sh20 with the price target price arrived at using the Gordon Growth model.

Read more on this link http://contrarianinvesti...011-earnings-my-analysis
Aguytrying
#13 Posted : Tuesday, February 28, 2012 10:24:57 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
The results are very good. I'm impressed that kk managed to grow its profit by more than single digit, the environment was very very harsh. Was it not for clever management, profits would've suffered seriously. Going forward, with the shillling stable, management said they expect growth over the next few years, and after this. Who can doubt then. At 11.50. Its trading at a pe of 5.3.
The investor's chief problem - and even his worst enemy - is likely to be himself
youcan'tstopusnow
#14 Posted : Tuesday, February 28, 2012 10:52:11 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
In its September 2011 update, Kestrel estimated an EPS of 2.19 for FY11
and a DPS of 1 bob. EPS turned out to be 2.2 and they nailed it on the dividend.
In the same September 2011 report Kestrel estimated an EPS of 3.44 and 4.04 for the FY12 and FY13 respectively

MAMBO BADO!
GOD BLESS YOUR LIFE
jerry
#15 Posted : Tuesday, February 28, 2012 11:42:24 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
So when is books closure? I can't read from my phone.
The opposite of courage is not cowardice, it's conformity.
guru267
#16 Posted : Wednesday, February 29, 2012 12:13:19 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
jerry wrote:
So when is books closure? I can't read from my phone.


27 April
Mark 12:29
Deuteronomy 4:16
Cde Monomotapa
#17 Posted : Wednesday, February 29, 2012 12:52:01 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
In its September 2011 update, Kestrel estimated an EPS of 2.19 for FY11
and a DPS of 1 bob. EPS turned out to be 2.2 and they nailed it on the dividend.
In the same September 2011 report Kestrel estimated an EPS of 3.44 and 4.04 for the FY12 and FY13 respectively

MAMBO BADO!

Drop me off @40 bob please with 50% of capital worth of dividends.
youcan'tstopusnow
#18 Posted : Wednesday, February 29, 2012 6:20:23 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Dunia duara!
A while back it was KK grappling with court cases, now it's Total's turn
http://www.businessdaily...0/-/8yyq68/-/index.html
GOD BLESS YOUR LIFE
youcan'tstopusnow
#19 Posted : Wednesday, February 29, 2012 6:21:30 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Kulipa Ushuru Ni Kujitegemeasmile
GOD BLESS YOUR LIFE
Gordon Gekko
#20 Posted : Wednesday, February 29, 2012 7:25:59 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
EPS 2.22, Diluted EPS 2.21. The effect of ESOPs in the first year is negligible.
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