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

4 Pages<1234>
Forgotten stocks at the NSE
Options
Previous Topic · Next Topic
guru267
#21 Posted : Friday, January 11, 2013 10:46:38 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
dunkang wrote:
come the next year, Total will be back to the game.


Is this something you tell yourself every year?
Mark 12:29
Deuteronomy 4:16
Back to top
  |
VituVingiSana
#22 Posted : Friday, January 11, 2013 11:03:46 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
guru267 wrote:
VituVingiSana wrote:
Kenya-Re: Gov't control scares me. KPLC started having cashflow problems after GoK ended up with 51%. They refused the politically expedient tariff increase which was due KPLC & highlighted in the Rights IM. KPLC could & should have sued but did not coz GoK owns 51%. Another is KQ now that GoK has a larger shareholding vs KLM. Will GoK 'buy' peace with the 'electorate' using politically expedient decisions?

So will Kenya-Re suffer similar problems? Will it pay out on losses it should not? Does Kenya-Re have the ability to compete without government protection?

@VVS are you aware of all the re branding and management changes going on at Kenya re?

The government plans to fatten the profitability & efficiency of the firm before ceding majority of its stake to a strategic investor in line with with its grand privatisation plan!!

Lets not be stuck in the Moi days!!
OK, but better safe than sorry. I will stick with those firms where GoK's ownership/influence is significantly below 50%. KCB comes to mind where GoK is only 17.63% vs KenRe.

For all the re-branding & management changes at KenRe [including forcing KE firms to cede re-insurance to KenRe] the folks at Jubilee are & doing much better than KenRe hands down.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Mukiri
#23 Posted : Friday, January 11, 2013 11:43:53 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
VituVingiSana wrote:
OK, but better safe than sorry. I will stick with those firms where GoK's ownership/influence is significantly below 50%. KCB comes to mind where GoK is only 17.63% vs KenRe.

For all the re-branding & management changes at KenRe [including forcing KE firms to cede re-insurance to KenRe] the folks at Jubilee are & doing much better than KenRe hands down.


I'm with you on this one.

Question. Demand for Jubilee @184 Supply available @194. There hasn't been any movement in the last few days, relent or wait for a dip?

Proverbs 19:21
Back to top
  |
the deal
#24 Posted : Friday, January 11, 2013 12:10:41 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
CFCI/Liberty Kenya is a diamond in the rough! It could easily go to KES16 in 2013. CFCI accounting is good. in 2011 they disclosed the huge hit they took on their bond portfolio unlike Kenyan banks!
Back to top
  |
ProverB
#25 Posted : Friday, January 11, 2013 12:46:11 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
the deal wrote:
CFCI/Liberty Kenya is a diamond in the rough! It could easily go to KES16 in 2013. CFCI accounting is good. in 2011 they disclosed the huge hit they took on their bond portfolio unlike Kenyan banks!


Please pardon my ignorance.. is cfci (listed) and liberty one entity?
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Back to top
WWW
  |
Ericsson
#26 Posted : Friday, January 11, 2013 12:57:49 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,811
Location: NAIROBI
I do not foresee any reduction in shareholding by the government in Kenya Re.
The trend worldwide is for gava to have majority shareholding in strategic industries
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
guru267
#27 Posted : Friday, January 11, 2013 1:06:06 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Ericsson wrote:
I do not foresee any reduction in shareholding by the government in Kenya Re.
The trend worldwide is for gava to have majority shareholding in strategic industries


Trust me if GOK has been exiting banks then i do not see why they would hold on to reinsurance!!

The former industry is way way more strategic than the latter...
Mark 12:29
Deuteronomy 4:16
Back to top
  |
ChessMaster
#28 Posted : Friday, January 11, 2013 1:15:43 PM
Rank: Elder

Joined: 2/23/2009
Posts: 1,626
guru267 wrote:
Ericsson wrote:
I do not foresee any reduction in shareholding by the government in Kenya Re.
The trend worldwide is for gava to have majority shareholding in strategic industries


Trust me if GOK has been exiting banks then i do not see why they would hold on to reinsurance!!

The former industry is way way more strategic than the latter...


Greece?
In what way?
Uncertainty is certain.Let go
Back to top
  |
Ericsson
#29 Posted : Friday, January 11, 2013 3:37:40 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,811
Location: NAIROBI
@guru267 they have suddenly acquired additional stake in KQ.
They are disposing Telkom Kenya and holding onto Safaricom the fresh cow that produces milk.
The gava is disposing non-performing entities
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
guru267
#30 Posted : Saturday, January 12, 2013 4:17:17 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
being majority held by the government does come with its perks!! Check this out..

www.businessdailyafrica....32/-/is756o/-/index.html
Mark 12:29
Deuteronomy 4:16
Back to top
  |
4 Pages<1234>
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.