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Agra		#81 Posted : Thursday, May 31, 2012 5:13:45 PM
Rank: Member Joined: 4/22/2007 Posts: 96 Location: Agra, India		This is the priced I.P.O since Scan group. It's easy for investors to get emotional and prejudiced when trading, but computers don't
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guru267		#82 Posted : Thursday, May 31, 2012 5:43:34 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		As illiquid as it may be it is headed in the right direction... It was up to 17.75bob in todays trade (the daily limit) Mark 12:29 Deuteronomy 4:16
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kyt		#83 Posted : Thursday, May 31, 2012 6:22:19 PM
Rank: Elder Joined: 11/7/2007 Posts: 2,182		hizo volumes ni vapour volumes boss. LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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VituVingiSana		#84 Posted : Thursday, May 31, 2012 9:20:47 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi		guru267 wrote: As illiquid as it may be it is headed in the right direction... It was up to 17.75bob in todays trade (the daily limit) 400 shares with 4 trades of 100 shares. Are you related to FT or Ongeri? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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the deal		#85 Posted : Thursday, May 31, 2012 10:40:16 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		If Longhorny does not get approval from @VVS who am I to argue...lol
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guru267		#86 Posted : Thursday, May 31, 2012 10:43:52 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		VituVingiSana wrote: guru267 wrote: As illiquid as it may be it is headed in the right direction... It was up to 17.75bob in todays trade (the daily limit) 400 shares with 4 trades of 100 shares. Are you related to FT or Ongeri? Those 400shares could just have easily traded in the opposite direction... No relationship with the above just abit of OBJECTIVITY.. You should try it some time! Mark 12:29 Deuteronomy 4:16
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VituVingiSana		#87 Posted : Thursday, May 31, 2012 10:53:03 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi		the deal wrote: If Longhorny does not get approval from @VVS who am I to argue...lol Not at 15/- but I would look at it AFTER I see the audited 2012 results then see what a reasonable price is. 1) The accountants report showed a 1Q loss. 2) The unaudited report showed a profit for 1H of 54mn - This reminds me of Olympia which consistently has a profitable unaudited 1H then a 'loss' for the full year! 3) I have been spoiled by low PER stocks like KK (which was at a 5 PER) & Williamson at 3-5 PER. 4) I do not trust FT Nyammo. Look up Kenya Finance Bank. 5) 2009 & 2010 PAT was around 22mn for each year so the HUGE profit jump (5x) just BEFORE the Listing makes me wonder. 6) Election year & a tight budget for 2012 & 2013. Will Govt spend as much on buying new textbooks? 7) Sam Ongeri is no longer Education Minister so no more 'Most Favored Status' for Longhorn Finally, @stocksmaster has not endorsed it at 15/- Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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VituVingiSana		#88 Posted : Thursday, May 31, 2012 11:00:00 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi		guru267 wrote: VituVingiSana wrote: guru267 wrote: As illiquid as it may be it is headed in the right direction... It was up to 17.75bob in todays trade (the daily limit) 400 shares with 4 trades of 100 shares. Are you related to FT or Ongeri? Those 400shares could just have easily traded in the opposite direction... No relationship with the above just abit of OBJECTIVITY.. You should try it some time! If it had traded the other way towards 9/- then I would have a second look. I am NOT trashing the business or the firm but the PRICE based on what I see as fundamentals. P.S. At 25/-, I think KK is too pricey no matter how much folks like the Company or Segman! If Puma's offer is 25/- I would advise investors/shareholders to take it & run then move into Total or NOCK (if it is privatised) at a 'decent price' or even Longhorn ( at 9/- or lower). Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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VituVingiSana		#89 Posted : Thursday, May 31, 2012 11:05:12 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi		guru267 wrote: VituVingiSana wrote: guru267 wrote: As illiquid as it may be it is headed in the right direction... It was up to 17.75bob in todays trade (the daily limit) 400 shares with 4 trades of 100 shares. Are you related to FT or Ongeri? Those 400shares could just have easily traded in the opposite direction... No relationship with the above just abit of OBJECTIVITY.. You should try it some time! What do you mean about objectivity? I believe in what Warren Buffett says. If you do not trust the Management. Do not invest in or with them. Compare Merali (Sameer, Eveready & Sasini) vs Aga Khan (TPS-Serena, Nation, Diamond, Jubilee) Compare Olympia vs City Trust [Both are small Investment Cos] Compare Equity vs CFC-Stanbic Compare KQ vs KK [Fuel/Oil prices & Forex is a huge concern for both but KK's Management/Board has a stake while KQ does not] Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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guru267		#90 Posted : Friday, June 01, 2012 2:02:39 AM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		VituVingiSana wrote: 2009 & 2010 PAT was around 22mn for each year so the HUGE profit jump (5x) just BEFORE the Listing makes me wonder. @VVS This seems to be the concern of many wazuans.. And i must say it is a genuine concern because the same red flag was raised in BRITAK.. Whether or not they will sustain 2011 PAT will be revealed if they do or if they dont issue a profit warning... This will be a key decision date for speculators on this counter... Mark 12:29 Deuteronomy 4:16
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