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Kenya Stocks Quite Cheap
Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now.
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. 
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: New-farer Joined: 11/17/2013 Posts: 80 Location: Juja
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You cant base your buying or selling decision based on that. Also part of the reason why Barclays shares are not doing well in Kenya as they should can partly be attributed to the management style. They haven't made one structured for us. On a long enough timeline, the life expectancy of everyone drops to zero.
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Thats a very juvenile reasoning which can easily make innocent investors burn their fresh fingers. So even Paka at 1 bob is a gift? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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@Realtreaty, Your argument is right but as you make the comparison please look at the size of the market(number of issued shares, and profit being talked about), the various ration (PE, EPS and so fourth) you may realise that they may not as 'affordable' as you are making them look. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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In addition lookup information on stock valuation. Should be in the area of financial management and related fields.
في إضافة معلومات البحث في تقييم الأسهم. وينبغي أن يكون في مجال الإدارة المالية والمجالات المتصلة بها.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Heheheheheeeeeeeeeeeeeeeeeeeeee, do not use the same word to deny another or to tell another....English-English.....(Value= price, cost, worth, charge, rate, use, merit ,profit etc.) You have the right to find information on my view before assuming that its Juvenile...etc. I think its reason we buy foreign products for our own use than buy locally. Our Market in any terms is very small.Find out how many shares are capitalised in BAT UK first, then we can argue.
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Impunity wrote:Thats a very juvenile reasoning which can easily make innocent investors burn their fresh fingers. So even Paka at 1 bob is a gift? Yeaaaaaaah!!!! one reason we all beccome juvenile is when we jump in to buy more shares of a local firm the second we grasp that it is being courted by an outsider!!!!!. Kenyans really peculiar beings!!!.Why do we behave as so? Reason we assume our local prices are cheap and we try to push the value up hence buying more to reap much more. Today if general Electric or say Philips come to take over Eveready, the price will jump past IPO within days.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Realtreaty wrote:Impunity wrote:Thats a very juvenile reasoning which can easily make innocent investors burn their fresh fingers. So even Paka at 1 bob is a gift? Yeaaaaaaah!!!! one reason we all beccome juvenile is when we jump in to buy more shares of a local firm the second we grasp that it is being courted by an outsider!!!!!. Kenyans really peculiar beings!!!.Why do we behave as so? Reason we assume our local prices are cheap and we try to push the value up hence buying more to reap much more. Today if general Electric or say Philips come to take over Eveready, the price will jump past IPO within days. Pick up eveready express even orchards if you like they are all "cheap" "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
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Rank: Elder Joined: 7/22/2009 Posts: 7,460
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dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Why don't people get this SIMPLE FACT??? Reminds me of a certain so called professor who was arguing that the government was selling Safaricom at a throw away price! Kshs. 5/= per share for a company that makes billions in profit?? The fellow didn't even bother with the number of shares being issued and the valuation of the company! And he calls a bloody press conference to discuss this - with a straight face! A professor /'leader' /minister reasons like this, na raia je?? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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I suggest replacement of the word cheap with affordable.
Does this help.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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I suggest replacement of the word cheap with affordable.
Does this help.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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I suggest replacement of the word cheap with affordable.
Does this help.
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Rank: Member Joined: 6/15/2013 Posts: 301
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we should also consider the GDPs of the western countries compared to ours....many times higher than ours, way more paper dollar multi - millionaires, earnings from these companies many times higher than ours etc, so only justifiable that the share price of the western companies be much higher than ours e.g.BAT $103
You may be surprised to find that the P/E and EPS is average for the industry(p.s. i haven't looked at the P/E and EPS)thus in the UK the BAT price may not be considered expensive.
VALUE NOT PRICE
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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streetwise wrote:I suggest replacement of the word cheap with affordable.
Does this help. Nope, better say "Low Priced" if the word cheap seems ugly to you. Remember almost 60% of our stocks are said to be owned by foreigners who come in make money and go. This is my intention. affordability will come in only to a person who is "Willing to buy at that given price and has the capital to do so"
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. The more reason i'm on a buying overdrive of a certain company listed on the NSE. It is here on wazua that people were shouting from on top of hills that Britank was overpriced at kshs.9 Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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MaichBlack wrote:dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Why don't people get this SIMPLE FACT??? Reminds me of a certain so called professor who was arguing that the government was selling Safaricom at a throw away price! Kshs. 5/= per share for a company that makes billions in profit?? The fellow didn't even bother with the number of shares being issued and the valuation of the company! And he calls a bloody press conference to discuss this - with a straight face! A professor /'leader' /minister reasons like this, na [size=16] raia[/size] je?? for a moment i thought you meant Raila... Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. ..But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. What reasoning is this? Mister, listen to the counsel you have been given. In the alternative, we shall make money from you!! 
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@Realtreaty. BAT kenya has 100,000,000 shares. BAT kenya is trading at 560.00 per share. If they split the share 1:1000. each share would cost 0.56 shs. would this make BAT kenya a cheap share? The truth is no value has been created, the market capitalization would still be what it is today at 56 billion (560x 100,000,000). Hence the share hasnt become cheaper. The investor's chief problem - and even his worst enemy - is likely to be himself
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