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Pan Africa Insurance at sh 19
mibbz
#51 Posted : Monday, July 15, 2013 1:37:33 PM
Rank: Member

Joined: 2/18/2011
Posts: 448
Kausha wrote:
Technically nobody stops you from doing, however there are no guarantees that Sanlam would buy. Just bear in mind Sanlam already runs the company and is more clued in than you on the business and they wouldn't pay a premium to you so technically on the negotiating table you will be playing poker with the manufacturer of the cards!



True,but in two-three years things might just change and they might want in on a larger piece of the pie.
am also using this as an example to other companies eg in KK just as large shareholders were negotiating with Puma perhaps the small shareholders block pulling the same move, uchumi to a foreign supermarket chain or even one of the banks....trying to establish if there are any legal hurdles to such a move and if there exists such a precedent in Africa,perhaps the world...
mibbz
#52 Posted : Wednesday, July 24, 2013 10:49:15 AM
Rank: Member

Joined: 2/18/2011
Posts: 448
UPDATE:
Been tracking this stock,last 10 days i have noticed there is a huge pile of shares available from a foreign investor/institution....thats the reason there are huge swings in this counter for example yesterday it touched 58 with a low of 53.50

From the sale i have concluded it must be an entity looking for action on another counter and exiting is not pegged on a specific price,possibly its anything about 50 and so far they have sold/offered for sale approx 70-100k shares(some deals didn't go through)

I tend to believe this supply glut/profit taking is the reason for the share not breeching 60 bob....lets wait for H1 end of Aug and see.
S.Mutaga III
#53 Posted : Wednesday, November 20, 2013 5:44:25 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
From Ksh 19 to Ksh 81...excluding dividends. I will not be caught asleep in the next bear market which is coming soon...perhaps a year or 1.5
A successful man is not he who gets the best, it is he who makes the best from what he gets.
murchr
#54 Posted : Thursday, November 21, 2013 4:18:26 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
simonmaina71@gmail.com wrote:
and a dividend yield of 7.50percent...a p/e of 1.60...am a value investor...but i seek ur opinions on whether to buy or let it pass.


I sincerely hope you bought smile
"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
.
obiero
#55 Posted : Sunday, November 24, 2013 12:25:57 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,227
Location: nairobi
and there was someone claimin 15 is fair value and shall not buy at 19.. sickening

mibbz
#56 Posted : Sunday, November 24, 2013 1:54:39 PM
Rank: Member

Joined: 2/18/2011
Posts: 448
Wait till it reaches 150 in Feb then splits....that 15 bob might just be realized then
obiero
#57 Posted : Tuesday, February 18, 2014 11:28:56 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,227
Location: nairobi
guru267 wrote:
''NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...

Im a buyer at 15 though¡''

verbatim by the ''master''

obiero
#58 Posted : Tuesday, February 18, 2014 12:02:08 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,227
Location: nairobi
guru267 wrote:
jerry wrote:
Mukiri wrote:
guru267 wrote:
Mukiri wrote:
The question now is, after book closure, do I sell?


If you really have to sell... Yes!!

@Guru.. thanks. It's not that I have to, its 'Where are the maximum profits'. I have made something here, thanks to you... but are there better bargains elsewhere?

@Mukiri. I'm sure there are better, in your words, bargains elsewhere and you won't see them until you sell PanAfrica. My advice: SELL.


@jerry what are these other bargains??

even after missing out on entry in 2012, a SELL recommendation was made as early as May 2013! Huyu ni gambler extraordinaire. If you no longer doubt that rumor monger, ni maombi tu ndio ntakusaidia nayo.. Do your own research dear brethren and sistren :)

mibbz
#59 Posted : Tuesday, February 18, 2014 12:17:50 PM
Rank: Member

Joined: 2/18/2011
Posts: 448
obiero wrote:
guru267 wrote:
jerry wrote:
Mukiri wrote:
guru267 wrote:
Mukiri wrote:
The question now is, after book closure, do I sell?


If you really have to sell... Yes!!

@Guru.. thanks. It's not that I have to, its 'Where are the maximum profits'. I have made something here, thanks to you... but are there better bargains elsewhere?

@Mukiri. I'm sure there are better, in your words, bargains elsewhere and you won't see them until you sell PanAfrica. My advice: SELL.


@jerry what are these other bargains??

even after missing out on entry in 2012, a SELL recommendation was made as early as May 2013! Huyu ni gambler extraordinaire. If you no longer doubt that rumor monger, ni maombi tu ndio ntakusaidia nayo.. Do your own research dear brethren and sistren :)


Laughing out loudly Laughing out loudly
obiero
#60 Posted : Sunday, May 21, 2017 10:49:32 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,227
Location: nairobi
S.Mutaga III wrote:
From Ksh 19 to Ksh 81...excluding dividends. I will not be caught asleep in the next bear market which is coming soon...perhaps a year or 1.5

The exchange bar has noted the next bus, all aboard! Thank me later

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