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Pan Africa Insurance 1H13 PAT jumps 266%
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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These South African firms are doing quite well in Kenya.....about time. Case in point panafrican and CFC STANBIC
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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yeeees. lets go. a 1:2 bonus would be Heaven sent. this company needs more shares. if I was sanlam, issue a bonus mop up the weak hands...increase shareholding The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 2/18/2011 Posts: 448
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Aguytrying wrote:yeeees. lets go. a 1:2 bonus would be Heaven sent. this company needs more shares.
if I was sanlam, issue a bonus mop up the weak hands...increase shareholding True @aguytrying,easiest way for them to get more shares is to issue bonus and buy off potential sellers who shall be many at that time
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Rank: Member Joined: 2/18/2011 Posts: 448
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165,600 shares available for sale at ksh 95!! Thats a super exit,quite possibly a super entry price for Sanlam.
Lets see if the trade goes through.That's the single largest tranche of Pan Africa available thus far this year.
Of note,already 120k shares have traded today,quite a busy day for this elephant.
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Rank: Member Joined: 2/18/2011 Posts: 448
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100K shares have moved today at an average price of ksh 100....investors are taking position as results are due to be released;we are set for a serious bull run on this counter,a la carbacid.
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Rank: Member Joined: 2/18/2011 Posts: 448
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interesting how this counter moves 150k shares at 100 bob for most of the morning then at the last hour of trading 100 shares move at 94.5....but the VWAP is 99.50 so thats a positive movement for the day.
It keeps testing ksh 100 but so far hasn't been able to break past ksh 101 which was the highest trade last November.in the words of one @hisah,a break out is imminent.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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bonus bonus bonus *chants* The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 8/4/2012 Posts: 155 Location: Kenya
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When are the FY13 results expected? If you don't want to go to plan B have a good plan A.
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Rank: Member Joined: 2/18/2011 Posts: 448
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Mucene wrote:When are the FY13 results expected? FY 2009 - 08/03/2010 FY 2010 - 16/03/2011 FY 2011 - 21/02/2012 FY 2012 - 21/02/2013 If i we are to use probability on the above data i would suggest anyday from 21/02/2014 (a friday) to 14/03/2014 (a friday). But if the CEO were to ask me as a shareholder i would release it on 25/02/2014 (a tuesday) so that the price rallies on positions taken the monday prior to release and all the way to friday.Add a bonus issue to the results and we have a two week bull run. Only issue i have is the company has a tendency of closing books mid-May;that lag tends to result in a slight price dip due to other enticing dividend counters then another rally just before the books close.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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mibbz wrote:Mucene wrote:When are the FY13 results expected? FY 2009 - 08/03/2010 FY 2010 - 16/03/2011 FY 2011 - 21/02/2012 FY 2012 - 21/02/2013 If i we are to use probability on the above data i would suggest anyday from 21/02/2014 (a friday) to 14/03/2014 (a friday). But if the CEO were to ask me as a shareholder i would release it on 25/02/2014 (a tuesday) so that the price rallies on positions taken the monday prior to release and all the way to friday.Add a bonus issue to the results and we have a two week bull run. Only issue i have is the company has a tendency of closing books mid-May;that lag tends to result in a slight price dip due to other enticing dividend counters then another rally just before the books close.  Data from Reuters indicated that NIC Bank and Pan Africa Insurance are expected to release their end of year results next week.
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Rank: Member Joined: 2/18/2011 Posts: 448
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mwekez@ji wrote:mibbz wrote:Mucene wrote:When are the FY13 results expected? FY 2009 - 08/03/2010 FY 2010 - 16/03/2011 FY 2011 - 21/02/2012 FY 2012 - 21/02/2013 If i we are to use probability on the above data i would suggest anyday from 21/02/2014 (a friday) to 14/03/2014 (a friday). But if the CEO were to ask me as a shareholder i would release it on 25/02/2014 (a tuesday) so that the price rallies on positions taken the monday prior to release and all the way to friday.Add a bonus issue to the results and we have a two week bull run. Only issue i have is the company has a tendency of closing books mid-May;that lag tends to result in a slight price dip due to other enticing dividend counters then another rally just before the books close. Data from Reuters indicated that NIC Bank and Pan Africa Insurance are expected to release their end of year results next week. That explains the frenzy.@ mwekezaji,i have always wondered,why does Business Daily quote Reuters yet both companies have their HQ in Nairobi,in fact all within 2km of NMG. Its always baffled me how little research some companies are ready to do,its just copy,paste and give credit.Duh!!
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Rank: New-farer Joined: 4/6/2013 Posts: 95
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@mwekezaji How high can this counter go after result release with a bonus? Monopoly was the industrial age money game and the name of the new game of money today in the information age is CASHFLOW
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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CASHFLOW202 wrote:@mwekezaji How high can this counter go after result release with a bonus? ... no limits >160 ;)
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mwekez@ji wrote:CASHFLOW202 wrote:@mwekezaji How high can this counter go after result release with a bonus? ... no limits >160 ;) depends on the bonus 2:1 and we are at 200.00 easy. but people let's not get excited too early. we've talked so much about a bonus, its like it's already announced. we're just speculating on the bonus fingers crossed The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Aguytrying wrote:mwekez@ji wrote:CASHFLOW202 wrote:@mwekezaji How high can this counter go after result release with a bonus? ... no limits >160 ;) depends on the bonus 2:1 and we are at 200.00 easy. but people let's not get excited too early. we've talked so much about a bonus, its like it's already announced. we're just speculating on the bonus fingers crossed All this talk about bonus shares will kill the share price even when results are good  Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 2/18/2011 Posts: 448
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guru267 wrote:Aguytrying wrote:mwekez@ji wrote:CASHFLOW202 wrote:@mwekezaji How high can this counter go after result release with a bonus? ... no limits >160 ;) depends on the bonus 2:1 and we are at 200.00 easy. but people let's not get excited too early. we've talked so much about a bonus, its like it's already announced. we're just speculating on the bonus fingers crossed All this talk about bonus shares will kill the share price even when results are good perhaps you are right @guru and @aguy,lets keep quiet and may the thread vanish till next week on Friday when results are released;then all market analysts and brokers can dig it up to see how various wazuans have been tracking this thing the whole year. That was the magic carbacid pulled;mysterious & information asymmetry
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Rank: Member Joined: 8/14/2007 Posts: 111
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mibbz wrote:guru267 wrote:Aguytrying wrote:mwekez@ji wrote:CASHFLOW202 wrote:@mwekezaji How high can this counter go after result release with a bonus? ... no limits >160 ;) depends on the bonus 2:1 and we are at 200.00 easy. but people let's not get excited too early. we've talked so much about a bonus, its like it's already announced. we're just speculating on the bonus fingers crossed All this talk about bonus shares will kill the share price even when results are good perhaps you are right @guru and @aguy,lets keep quiet and may the thread vanish till next week on Friday when results are released;then all market analysts and brokers can dig it up to see how various wazuans have been tracking this thing the whole year. That was the magic carbacid pulled;mysterious & information asymmetry ok Even In The Most Severe Drought In The Jungle Lions Will Never Feed On Grass.
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Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
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Guys, why don't you start holding night vigils and fasting for this share.
Eish!!!!!!!!
Oooooh, people should stop selling!
Oooooh, people should stop commenting!
Oooooh, the thread should be suspended!
Mr.Market will choose what to do with the share price with or without your emotions.
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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mkeiy wrote:Guys, why don't you start holding night vigils and fasting for this share.
Eish!!!!!!!!
Oooooh, people should stop selling!
Oooooh, people should stop commenting!
Oooooh, the thread should be suspended!
Mr.Market will choose what to do with the share price with or without your emotions. Hehehe
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Pan Africa Insurance 1H13 PAT jumps 266%
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