Wazua
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Britam+ Real Insurance= money
Rank: Member Joined: 4/1/2008 Posts: 141
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@Aspiring first is to understand,what the company does,the company fundamentals which include their balance sheet,How are they participating as in the growth prospects for the competitive market out there?,are they able to sell and cope with the demand that consumers are looking for?Finally do research when you buying is the company undervalued or overvalued.Look for a company with fresh mrket whose share is at market entry level and the stock is affordable with pontential growth.
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Rank: Member Joined: 8/29/2008 Posts: 571
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Wanyina.....in short,you are saying that WE,the BEARS, will KILL these
Britam BULLS and make stew from their beef soon?
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Rank: Member Joined: 4/1/2008 Posts: 141
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@Alibaba I didnt understand your narrative well but the fact is if you chose a company by fundamentals you have nothing to worry about..... this includes considering factors such as the demand of their product or services at any market...BEARS will happen at its own period as much as BULLS will be their when time and economy is right.
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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I had a good ride. It went up much faster than I thought. I decided to bail out in bits. And now I am out. Thank you & hope to see you at lower (more sane) prices. If not, then no problem... Cash in Hand is worth more than on Paper! I am a Warren Buffett fan and when the price jumps way past the value, it's time to look for other investments. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 2/8/2007 Posts: 808
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@VVS Just remember value is relative and subjective. The stock is yet to price in all the good news ahead I think. Only time will tell.
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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Kausha wrote:@VVS Just remember value is relative and subjective. The stock is yet to price in all the good news ahead I think. Only time will tell. Perhaps. When the PB exceeded my comfort level... I started bailing out. I am on the lookout for a replacement. Any ideas? At some point, I might stay in cash rather than chase the fad of the day. Britam: I like the management, I like the model, I like the numbers. I just could not convince myself that there are not better candidates (value) out there. If the price falls back to the 12-ish range, I will look into it again. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Hello Joined: 11/25/2013 Posts: 7
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Hi wazuans,
@wanyina thanks for your input. From your post, I have gathered that I need some educational foundation so as to analyze factors such as: company fundamentals, company valuation e.t.c..
With the basics learnt, I assume that I will be able to analyze the company's growth prospects. Isn't that so?
I have downloaded the following books to get me started:
1. CFA Level I 2013 notes. (Looks really tough)
2. ACCA F3 2012 notes. (teaches the basics in finance.)
Which are some other uncomplicated books that one can recommend to a novice.
Or differently put, which books helped you guys at the beginning?
Thanks.
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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@AspiringExpert - This is the best stuff you will ever read http://www.berkshirehathaway.com/ Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Hehhehehe..., the best book is called "Common sense" where you just decide by yourself, focus on what you want to do. Follow simple basics like reading the Business daily by Nation and you will develop some interest in stock trading. Do not read the 101 on getting rich quick theories. Take your own risk and own it!
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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I would recommend the school of hard knocks  @SufficientlyP
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Rank: Elder Joined: 6/23/2009 Posts: 13,555 Location: nairobi
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this is one of the shares you should not buy if not ready to loose the money.. its a manipulatable one by the usual suspects. facing the mountain
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 4/1/2008 Posts: 141
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@Aspiring As much as we have analysed the research you will be in a better position if you start concentrating on a habit of reading local papers like dailynation section of businesses daily.,Visit and read wazua members blogs they are all sources of what you are looking for .Anytime you hear a company is reporting a good quarterly report then you compare the previous report you will know what percentage of growth is with that company or if they drop profits through news u will know thee reason .If you again hear good news of future expansion know that that particular stock in that company will head upward trend.its all about spending time to do a research by reading papers and blogs.Infact Kenya stock market is very easy to analyse for anyone compared with US NY exchange this is a complicated stuff that u surely need a research because of competition.Im in it for years and I know.
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Rank: Member Joined: 7/13/2010 Posts: 160 Location: rift Valley-Naks
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Could these share be generating some positive externatilities to other insurance stocks?? ''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
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Rank: Member Joined: 2/8/2007 Posts: 808
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tkzee wrote:Could these share be generating some positive externatilities to other insurance stocks?? @tkzee very correct. Two things happened in quick succession, Britam presented their transactions Acorn and Real to the regulator. Shorter therafter SIB released a research note which was very shallow and lazy in strategic and value creation directions of each of the insurance players, the market got excited and all of a sudden anything insurance has rallied on bar kenya re. Other than Britam, the other insurance companies will begin correct at some point.
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Rank: Member Joined: 1/25/2009 Posts: 184 Location: For now El-Fashier - Darfur
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The share rally reminds me of CFC Bank and Stanbic Bank merger. It elicited a lot of excitement on to the disappointment of most then.....The details is in the figures. So at 16 its worth taking your profit and look out for other opportunities.....! "A bad decision made now is beta that a good one made later!!"
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Rank: Member Joined: 2/8/2007 Posts: 808
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What if there is another deal around the corner?
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Rank: Member Joined: 7/13/2010 Posts: 160 Location: rift Valley-Naks
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Kausha wrote:tkzee wrote:Could these share be generating some positive externatilities to other insurance stocks?? @tkzee very correct. Two things happened in quick succession, Britam presented their transactions Acorn and Real to the regulator. Shorter therafter SIB released a research note which was very shallow and lazy in strategic and value creation directions of each of the insurance players, the market got excited and all of a sudden anything insurance has rallied on bar kenya re. Other than Britam, the other insurance companies will begin correct at some point. Lets wait & see whether the trend will be persistent. ''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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Aspiring Expert wrote:Hi wazuans,
@wanyina thanks for your input. From your post, I have gathered that I need some educational foundation so as to analyze factors such as: company fundamentals, company valuation e.t.c..
With the basics learnt, I assume that I will be able to analyze the company's growth prospects. Isn't that so?
I have downloaded the following books to get me started:
1. CFA Level I 2013 notes. (Looks really tough)
2. ACCA F3 2012 notes. (teaches the basics in finance.)
Which are some other uncomplicated books that one can recommend to a novice.
Or differently put, which books helped you guys at the beginning?
Thanks.
The Intelligent Investor- Benjamin Graham
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Rank: Hello Joined: 11/25/2013 Posts: 7
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Hi wazuans, I wanted to thank everyone here, for freely sharing their knowledge with me and to also encourage fellow aspiring experts to build a solid stock investment foundation. I have come across this blog by Xaivier Chia: http://xaivierchia.blogs...investing-tutorial.html (I am finding it to be quite understandable) Cheers. ***Taking this learning process one step at a time.
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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The repose in Britm has been due to Xmas harvest. Those who bought when it was below 5 are cashing in and assuming the grain is grown and dry. There is a large sell order pulling the bull trend down for sometime. But this is just for a few days. You can as well see the buy side of carbacid has pushed the stock to 70 again. This will not continue for long as it will come down again crashing to the split price highest being Kes 47. Britam next station may be 18-24 Kes. it is likely to give an average Dividend of 35 to 60 cents FY
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Wazua
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Britam+ Real Insurance= money
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