wazua Thu, Apr 2, 2026
Welcome Guest Search | Active Topics | Log In

4 Pages123>»
Forgotten stocks at the NSE
Options
Previous Topic · Next Topic
Aguytrying
#1 Posted : Thursday, January 10, 2013 12:37:32 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
There are some companies that are decent and have reasonable future prospects, but for some reason they have been neglected by investors and their prices have tanked and stagnated. and are grossly undervalued.
Is there an investment case for the following stocks? and is there anything that ails these stocks?

CAR and GENERAL
KENYA RE
NBK??( doubt on health of company)
MUMIAS
TOTAL ( especially this one)


For TOTAL did the share actions by parent company cause too much dilution?
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
guru267
#2 Posted : Thursday, January 10, 2013 2:47:11 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Aguytrying wrote:

Is there an investment case for the following stocks? and is there anything that ails these stocks?

KENYA RE


Kenya re has a forward P/E of 3.5 and a dividend yield of 4.5%.. Lets not forget the 0.6 P/B...

We must also remember Kenya re owns 1% of KCB which earned it 400million capital gains when the share moved from 16.40-30 in 2012!

The capital gains quoted above does not include the other investments they own!

If this is not a case for investment I dont know what is...
Mark 12:29
Deuteronomy 4:16
Back to top
  |
hisah
#3 Posted : Thursday, January 10, 2013 3:11:46 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@guru - that fact about Kenya RE owning 1% of KCB is very interesting. Indeed this counter is undervalued! Will dig further on it since I see 2013 being the insurance firms year if elections are held peacefully.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
Aguytrying
#4 Posted : Thursday, January 10, 2013 5:18:15 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
guru267 wrote:
Aguytrying wrote:

Is there an investment case for the following stocks? and is there anything that ails these stocks?

KENYA RE


Kenya re has a forward P/E of 3.5 and a dividend yield of 4.5%.. Lets not forget the 0.6 P/B...

We must also remember Kenya re owns 1% of KCB which earned it 400million capital gains when the share moved from 16.40-30 in 2012!

The capital gains quoted above does not include the other investments they own!

If this is not a case for investment I dont know what is...


Im already sold on this one, im just being greedy
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
murchr
#5 Posted : Thursday, January 10, 2013 6:48:54 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Politics is what holds mumias back. You can add Unga...and HFCK to that list....Shhhhhh on Kenya RE.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
  |
Angelica _ann
#6 Posted : Thursday, January 10, 2013 6:52:31 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
murchr wrote:
you can add Unga...and HFCK to that list


totaly agreed! been picking HFCK @15-15.5bob and Unga at below 13 bob.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
  |
Mukiri
#7 Posted : Thursday, January 10, 2013 8:32:41 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Angelica _ann wrote:
murchr wrote:
you can add Unga...and HFCK to that list


totaly agreed! been picking HFCK @15-15.5bob and Unga at below 13 bob.


What is the magic behind Unga?

Aguytrying wrote:
There are some companies that are decent and have reasonable future prospects, but for some reason they have been neglected by investors and their prices have tanked and stagnated. and are grossly undervalued.
Is there an investment case for the following stocks? and is there anything that ails these stocks?

CAR and GENERAL
KENYA RE
NBK??( doubt on health of company)
MUMIAS
TOTAL ( especially this one)


For TOTAL did the share actions by parent company cause too much dilution?


Please say more about Total, I'm curious as to why nobody seems to share your enthusiasm on it.

Proverbs 19:21
Back to top
  |
uchumi
#8 Posted : Thursday, January 10, 2013 10:38:01 PM
Rank: Member

Joined: 9/16/2006
Posts: 234
CFCI is another stock we are ignoring.This stock will surprise many .
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
Back to top
  |
Aguytrying
#9 Posted : Thursday, January 10, 2013 10:38:39 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Mukiri wrote:
Angelica _ann wrote:
murchr wrote:
you can add Unga...and HFCK to that list


totaly agreed! been picking HFCK @15-15.5bob and Unga at below 13 bob.


What is the magic behind Unga?

Aguytrying wrote:
There are some companies that are decent and have reasonable future prospects, but for some reason they have been neglected by investors and their prices have tanked and stagnated. and are grossly undervalued.
Is there an investment case for the following stocks? and is there anything that ails these stocks?

CAR and GENERAL
KENYA RE
NBK??( doubt on health of company)
MUMIAS
TOTAL ( especially this one)


For TOTAL did the share actions by parent company cause too much dilution?


Please say more about Total, I'm curious as to why nobody seems to share your enthusiasm on it.


I didnt include UNGA despite it being undervalued and a great company, because it has rallied in the last year. HFCK was a done deal for me.

TOTAL, i also have question marks?? The parent company was awarded shares, i dont know how dilutive they were.

MUMIAS, what about comesa rules will it trim they profits??
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
maka
#10 Posted : Thursday, January 10, 2013 11:27:34 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
uchumi wrote:
CFCI is another stock we are ignoring.This stock will surprise many .

...CFCI will surprise many not because its a great company but because it has some pushers behind it...i remember the days when total waz amongst the top in terms of dividend yield....will we ever go back to that,28-32 region.
possunt quia posse videntur
Back to top
  |
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.