wazua Wed, Jan 15, 2025
Welcome Guest Search | Active Topics | Log In | Register

NSE exchange 2013 net profits up 210%
muganda
#1 Posted : Tuesday, April 15, 2014 12:33:49 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
Thank you investors. I hope you made money, because we did.
In readiness for listing no doubt, but would it make a good buy?



muganda
#2 Posted : Tuesday, April 15, 2014 4:23:58 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
62% increase in total income to 622m
210% increase in net profit to 85m
Highest profit in 60yr history


Market capitalization up 50% to 1.92 trillion in 2013
Equity turnover up 79% to 155.75 bn in 2013
https://www.nse.co.ke/media-cent...nouncement-press-release

Hmmmn 60 year later, aren't you suitably moved?


hisah
#3 Posted : Wednesday, April 16, 2014 7:11:56 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
If their IPO will be priced using these super results, the question is can they keep this up? I'd price it using 2011 and 2012 as reference points. 2014 has been flat now going into Q2.

IPOs have evaporated for a long time. When they return in droves that's when to buy like mad. But don't forget, IPO frenzy (this is where wanjikus join the party en mass) usual mark a sizable selling bout period when the bullish madness hits a brick wall.

For this index counter, the bear-bull cycle timing will be key. I hope short sell comes soon. Will be a nice short when the bear strikes.

http://mobile.nation.co....l/-/lu2ydqz/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Users browsing this topic
Guest
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.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.