Wazua
»
Investor
»
Stocks
»
Pan Africa Insurance 1H13 PAT jumps 266%
Rank: Member Joined: 2/18/2011 Posts: 448
|
young wrote:Panafric is becoming a mad counter.
The rate of rise is alarming without any
technical reason.
Am not so excited to buy a stock at 57
in July and it is now aporoaching 100.
I prefer slow and consistent rise like safcom
powered by a positive news.
Is Q3 result of Panafric out?
I expected 75- 80 bob end of 2013,then circa
120 bob end of 2014.
To me it is a little bit scary. If I am
speculating I would have thought of exciting
as I do not understand the everyday-price-gain
without any fundamental reason for the past
3 weeks.
I am bring realistic. Fingers crossed! @young Insurance do not release Q1 and Q3 like banks,just half and end year...perhaps their internal auditors crunch the numbers but do not release it If you look at broker reports for March-April this year,this counter was valued ksh 94 then based on projected profits....i know it stagnated a bit from 60 to 50 then back to 60 after release of H1 results which were above average i must say... Reason its going up is among other things as @ Aguytrying has said is the possibility of an M n A but even more important is that Sanlam still has to get a minimum 3 million shares to reach their desired 60% threshold... The above coupled with what i expect to be above 100% growth in net profit as well as a conservative 5 bob dividend at the end of the year make this counter a serious bull....think of carbacid
|
|
|
Rank: Member Joined: 2/18/2011 Posts: 448
|
Kausha wrote:@Mibbz you better leave KK out of your sums else you may suffer some reputational damage after March 2014. @ Kausha am firmly in KK as well but i expect a modest 250-350 Mil profit for end year,visited their HQ last week to gauge among other things staff morale and they were upbeat they wouldn't make a loss As a shareholder i do visit companies i invest in,just to make sure am in sync with reality on the ground through interaction with staff and other people
|
|
|
Rank: Member Joined: 2/18/2011 Posts: 448
|
King G wrote:Kausha wrote:@Mibbz you better leave KK out of your sums else you may suffer some reputational damage after March 2014. @obiero will also say that of KQ. @King G and @Obiero, we all know airline industry is very fluid but am expecting KQ to pull in around 850 Million, KK 250 Million, Mumias shall bearly break even but Pan Africa a conservative 1.15Billion....and am willing to put money where my mouth is. 2 goats for easter to a childrens home of your choice if you win and vis versa if i win,just 2 goats even if 5 guys like @Obiero and @Kausha plus of course yourself and others contribute for them,i shall supply mine alone.....What sayeth thee,in the name of charity?
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
|
@pan africa is a casino.. but I envy everyone who bought into it at the right time. as for profits, also look at shares issued. no need to compare spoons to forks!!! munanielewa?
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Member Joined: 2/18/2011 Posts: 448
|
obiero wrote:@pan africa is a casino.. but I envy everyone who bought into it at the right time. as for profits, also look at shares issued. no need to compare spoons to forks!!! munanielewa? @Obiero sikupati,spoons and forks can both be used to eat.....
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
|
mibbz wrote:obiero wrote:@pan africa is a casino.. but I envy everyone who bought into it at the right time. as for profits, also look at shares issued. no need to compare spoons to forks!!! munanielewa? @Obiero sikupati,spoons and forks can both be used to eat..... wewe. can you drink soup using a spoon? in that, comparing pan africa to scom or kq to bamburi is simply not right.. these are firms wit totally different microenvironments
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Member Joined: 11/1/2013 Posts: 257
|
mibbz wrote:young wrote:Panafric is becoming a mad counter.
The rate of rise is alarming without any
technical reason.
Am not so excited to buy a stock at 57
in July and it is now aporoaching 100.
I prefer slow and consistent rise like safcom
powered by a positive news.
Is Q3 result of Panafric out?
I expected 75- 80 bob end of 2013,then circa
120 bob end of 2014.
To me it is a little bit scary. If I am
speculating I would have thought of exciting
as I do not understand the everyday-price-gain
without any fundamental reason for the past
3 weeks.
I am bring realistic. Fingers crossed! @young Insurance do not release Q1 and Q3 like banks,just half and end year...perhaps their internal auditors crunch the numbers but do not release it If you look at broker reports for March-April this year,this counter was valued ksh 94 then based on projected profits....i know it stagnated a bit from 60 to 50 then back to 60 after release of H1 results which were above average i must say... Reason its going up is among other things as @ Aguytrying has said is the possibility of an M n A but even more important is that Sanlam still has to get a minimum 3 million shares to reach their desired 60% threshold... The above coupled with what i expect to be above 100% growth in net profit as well as a conservative 5 bob dividend at the end of the year make this counter a serious bull....think of carbacid Different investors have different risk appetites . (Sanlam buying approx 3m and less than 1m traded as from Aug-Nov) + (226% H1 PAT) + (3bob dividend last FY ( all indications ..2013 will be more than 3bob) + (sale of runda plots) No other counter in the NSE 2013 has such a +ve combination... this is nuclear energy not the normal slow firewood fuel we are used to.. No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
|
|
|
Rank: Member Joined: 2/8/2007 Posts: 808
|
King G wrote:Kausha wrote:@Mibbz you better leave KK out of your sums else you may suffer some reputational damage after March 2014. @obiero will also say that of KQ. @King KQ will make more money than Pan Africa for sure. KK will make more than the combination of all the above. Just bear in mind there is no more refinery since June and that is 2-3 bob per litre back to oil marketers pockets. You also know these guys run on net margins of 3%.
|
|
|
Rank: Veteran Joined: 6/17/2009 Posts: 1,619
|
obiero wrote:@pan africa is a casino.. but I envy everyone who bought into it at the right time. as for profits, also look at shares issued. no need to compare spoons to forks!!! munanielewa? Hell even KQ is a casino,the whole market idea is a casino where we place our bets,some you win others you get roasted.Let us enjoy betting in Pan Africa.
|
|
|
Rank: Member Joined: 2/8/2007 Posts: 808
|
mibbz wrote:King G wrote:Kausha wrote:@Mibbz you better leave KK out of your sums else you may suffer some reputational damage after March 2014. @obiero will also say that of KQ. @King G and @Obiero, we all know airline industry is very fluid but am expecting KQ to pull in around 850 Million, KK 250 Million, Mumias shall bearly break even but Pan Africa a conservative 1.15Billion....and am willing to put money where my mouth is. 2 goats for easter to a childrens home of your choice if you win and vis versa if i win,just 2 goats even if 5 guys like @Obiero and @Kausha plus of course yourself and others contribute for them,i shall supply mine alone.....What sayeth thee,in the name of charity? @ Mibbz you are on. Obviously one can't predict all correctly so we will count the percentage. on PAT basis I have KQ between 650m -700m. The business is very fluid post travel advisories. I have KK between 2B - 3B. The range is wide because of the asset sales, tax credits and right backs. I got Pan africa somewhere between 600m - 750m. I will give you my charity of choice. It's somewhere in Githurai and none of those Kiamaiko goats please. The children deserve quality goats.
|
|
|
Rank: Member Joined: 2/18/2011 Posts: 448
|
Kausha wrote:mibbz wrote:King G wrote:Kausha wrote:@Mibbz you better leave KK out of your sums else you may suffer some reputational damage after March 2014. @obiero will also say that of KQ. @King G and @Obiero, we all know airline industry is very fluid but am expecting KQ to pull in around 850 Million, KK 250 Million, Mumias shall bearly break even but Pan Africa a conservative 1.15Billion....and am willing to put money where my mouth is. 2 goats for easter to a childrens home of your choice if you win and vis versa if i win,just 2 goats even if 5 guys like @Obiero and @Kausha plus of course yourself and others contribute for them,i shall supply mine alone.....What sayeth thee,in the name of charity? @ Mibbz you are on. Obviously one can't predict all correctly so we will count the percentage. on PAT basis I have KQ between 650m -700m. The business is very fluid post travel advisories. I have KK between 2B - 3B. The range is wide because of the asset sales, tax credits and right backs. I got Pan africa somewhere between 600m - 750m. I will give you my charity of choice. It's somewhere in Githurai and none of those Kiamaiko goats please. The children deserve quality goats. @Kausha we are on,we shall do single sourcing of the goats to ensure highest quality for the kids.anybody willing to witness our arrangement? @KingG or @Obiero?
|
|
|
Rank: Member Joined: 2/18/2011 Posts: 448
|
Today no huge blocks of >50k,price stable at 99 and i can conclude the smaller chunks on offer must be profit taking by Wanjiku; 33k shares have moved thus far
Either the share is consolidating and getting ready to break past ksh 100 with force or it shall move downwards towards the ksh 95 support level
Risk takers get ready for the big move either way;profit taking is advised for the weak at heart.
ION i do hope this nuclear energy Pan Africa replicates Cabarcid. aren't shareholders heading back to the pre-bonus,pre-split price?
Making money 2013
|
|
|
Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
|
mibbz wrote:Kausha wrote:mibbz wrote:King G wrote:Kausha wrote:@Mibbz you better leave KK out of your sums else you may suffer some reputational damage after March 2014. @obiero will also say that of KQ. @King G and @Obiero, we all know airline industry is very fluid but am expecting KQ to pull in around 850 Million, KK 250 Million, Mumias shall bearly break even but Pan Africa a conservative 1.15Billion....and am willing to put money where my mouth is. 2 goats for easter to a childrens home of your choice if you win and vis versa if i win,just 2 goats even if 5 guys like @Obiero and @Kausha plus of course yourself and others contribute for them,i shall supply mine alone.....What sayeth thee,in the name of charity? @ Mibbz you are on. Obviously one can't predict all correctly so we will count the percentage. on PAT basis I have KQ between 650m -700m. The business is very fluid post travel advisories. I have KK between 2B - 3B. The range is wide because of the asset sales, tax credits and right backs. I got Pan africa somewhere between 600m - 750m. I will give you my charity of choice. It's somewhere in Githurai and none of those Kiamaiko goats please. The children deserve quality goats. @Kausha we are on,we shall do single sourcing of the goats to ensure highest quality for the kids.anybody willing to witness our arrangement? @KingG or @Obiero? please read my statement again, i was just pinpoiniting about @obiero's love for KQ which you are mocking. So cannot join in the charity play now. o'wise mini ni team#CFC Stanbic bank & laggard Coop bank. Thieves
|
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
obiero wrote:mibbz wrote:obiero wrote:@pan africa is a casino.. but I envy everyone who bought into it at the right time. as for profits, also look at shares issued. no need to compare spoons to forks!!! munanielewa? @Obiero sikupati,spoons and forks can both be used to eat..... wewe. can you drink soup using a spoon? in that, comparing pan africa to scom or kq to bamburi is simply not right.. these are firms wit totally different microenvironments Fork??  Pesa Nane plans to be shilingi when he grows up.
|
|
|
Rank: Member Joined: 2/18/2011 Posts: 448
|
King G wrote:mibbz wrote:Kausha wrote:mibbz wrote:King G wrote:Kausha wrote:@Mibbz you better leave KK out of your sums else you may suffer some reputational damage after March 2014. @obiero will also say that of KQ. @King G and @Obiero, we all know airline industry is very fluid but am expecting KQ to pull in around 850 Million, KK 250 Million, Mumias shall bearly break even but Pan Africa a conservative 1.15Billion....and am willing to put money where my mouth is. 2 goats for easter to a childrens home of your choice if you win and vis versa if i win,just 2 goats even if 5 guys like @Obiero and @Kausha plus of course yourself and others contribute for them,i shall supply mine alone.....What sayeth thee,in the name of charity? @ Mibbz you are on. Obviously one can't predict all correctly so we will count the percentage. on PAT basis I have KQ between 650m -700m. The business is very fluid post travel advisories. I have KK between 2B - 3B. The range is wide because of the asset sales, tax credits and right backs. I got Pan africa somewhere between 600m - 750m. I will give you my charity of choice. It's somewhere in Githurai and none of those Kiamaiko goats please. The children deserve quality goats. @Kausha we are on,we shall do single sourcing of the goats to ensure highest quality for the kids.anybody willing to witness our arrangement? @KingG or @Obiero? please read my statement again, i was just pinpoiniting about @obiero's love for KQ which you are mocking. So cannot join in the charity play now. o'wise mini ni team#CFC Stanbic bank & laggard Coop bank. @King G its ok, charity play is between @Kausha and Myself. are you interested in being a witness to the deal?
|
|
|
Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
|
Kausha wrote:King G wrote:Kausha wrote:@Mibbz you better leave KK out of your sums else you may suffer some reputational damage after March 2014. @obiero will also say that of KQ. @King KQ will make more money than Pan Africa for sure. KK will make more than the combination of all the above. Just bear in mind there is no more refinery since June and that is 2-3 bob per litre back to oil marketers pockets. You also know these guys run on net margins of 3%. @Kausha do u see a better TP or dividend or re"PUMA" Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
|
|
|
Rank: Member Joined: 2/18/2011 Posts: 448
|
Just read thin on President UKs' facebook account,some photos were included in the statement
'President Uhuru Kenyatta signs the 2013 Micro-Finance Amendment, Tax Appeal Tribunal and Kenya Deport Insurance Amendment Bills at State House, Nairobi.'
Someone please confirm whether that is the one and only Insurance Act amendment that was part of the 2013/14 budget proposals.......
Anyone?
|
|
|
Rank: Member Joined: 2/18/2011 Posts: 448
|
Seems when i said profit taking people actually followed, 36k shares on sale and 3k bids. sellers need to be calm and hold onto their stock so that the lopsided demand-supply curve can even out above 90 and consolidate past that. Big buyers are still there but awaiting a discount which sellers are easily giving.....Insurance amendment just passed and thats a huge plus for this industry
ION news, Carbacid is on steroids
|
|
|
Rank: Member Joined: 3/26/2012 Posts: 830
|
I hope it gets to sixty or fifty so that I can reload more of this stock except in the case of negative news. If it continues this nosedive, I will be the captain of this ship:) A successful man is not he who gets the best, it is he who makes the best from what he gets.
|
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,908
|
Let it come to 70s to get left passengers. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Wazua
»
Investor
»
Stocks
»
Pan Africa Insurance 1H13 PAT jumps 266%
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.
|