Wazua
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STOCKS TO WATCH IN 2010
Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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@Obi, NMG and BAT....Throw in EABL and you have 3 true blue chips.....Speculative...I would still go back to the one you don't want..MSC....Not that i am in love with MSC shares,but i like the money most. Nothing great was ever achieved without enthusiasm.
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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sugar prices have been hitting highs but for Mumias Tana Delta holds the key... though that could be 2-3 more years Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Todays biggest losers i.e cfc,kenya re,msc and sasini will b 2010's biggest gainers...lol...happy new year.
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Rank: Veteran Joined: 10/6/2007 Posts: 1,177 Location: Nairobi - Kenya
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it's interesting banks are not featuring in the stocks to watch list.. When you hear what I say, you will not understand. When you see what I do, you will not comprehend
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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True @kamaa because the results for the three quarters were generally flat and as they provision in the last quarter I don't expect capital gains. Dividends will mirror last year. However, I think NIC is turbo charged and will defy the general financials trend. Jubilee in financials could also surprise - they put quite a bit of dosh in the Seacom project and I suspect they could be laughing to the bank.
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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@Gordon Gekko, does it mean Jubilee are the guys who pay any time the cables cut? Hope they're only insuring undersea and not overland otherwise...
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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@ muganda Scangroup acquiring 10% of O&M, is that a sure thing or a rumor?
BBI will solve it :)
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Rank: Elder Joined: 6/19/2008 Posts: 4,268
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I would bet NIC, MSC and Kengen(for long term)...
NIC and MSC for the obvious reasons already discussed. Kengen, i would anticipate lower cost of power production this year given the heavy rains almost all over the country.... My thinking.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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No day goes without a power blackout in my hood...now KPLC determines wat tym i eat,read n sleep...seriously we need another power distributor 2 push this guys out of business.
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Rank: Member Joined: 8/24/2007 Posts: 18
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My cash is going into MSC and EABL this year.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Btwn now and April I'm concentrating on NIC, NBK, Cables, Centum, Kenya Re and Sameer. All the best with Mumias, I ain't touching it. Let's compare notes in 2011.
BBI will solve it :)
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Rank: Member Joined: 4/15/2008 Posts: 207
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Take a minute and examine the performance of certain stocks before the Global financial meltdown and you will realise one thing - Most of the stocks are trying to rally themselves up to a time just before the crisis e.g. KQ. This trend is not just in Kenya but even globally. My logic is thus to look for stocks which were good performers before the meltdown and have now gone down by more than half the price. e.g. sasini kengen and centum. These will be the best buys for 2010. Do it today! Tomorrow is promise to no-one.
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Rank: New-farer Joined: 1/10/2010 Posts: 73 Location: kenya
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 Just joined the club but I believe Mumias Sugar and Safcom will be the shares to watch this year. Mumias mostly not because of the diversification into other products but the favourable climaic conditions.Regardless of the amount of rainfall, there is no flooding in areas where mumias sugar obtains it's cane so we expect good havest hence better profits this financial year. As for Safcom,the forein demand could push the price slightly upwards till mid year.
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Rank: New-farer Joined: 1/10/2010 Posts: 73 Location: kenya
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Just joined the club but I believe Mumias Sugar and Safcom will be the shares to watch this year. Mumias mostly not because of the diversification into other products but the favourable climatic conditions.Regardless of the amount of rainfall, there is no flooding in areas where mumias sugar obtains it's cane so we expect good havest hence better profits this financial year. As for Safcom,the foreign demand could push the price slightly upwards till mid year.
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Rank: Veteran Joined: 7/24/2008 Posts: 781
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Definitely KQ,and Mumias for speculative indulgence. I hear NSSF is bracing for a big comeback in the NSE so its prudent to have big cap blue chip stocks in your portfolio coz its obvious which stocks institutional investors pick regardless of valuations. The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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Rank: Member Joined: 8/5/2009 Posts: 597
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@Chaliwong better analyse a stock using fundamentals and not emotions yes the rains favor sugarcane growing as well as other agricultural stocks then sasini, kakuzi, williamson tea are better watched. though by including fundamentals mumias is better due to diversification, lack of stiff local competition as well safcom diversification within the technology field-data, voice, e-money transfers The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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CMC
Pre-tax down 39%,EPS 0.93,Dividend 35 cents.Take your position.
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Rank: Veteran Joined: 5/20/2008 Posts: 1,126 Location: Nairobi
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What do guys think of ARM? According to my watch list of 2008, it has withstood the test of time and even gained more despite the recession and stuff... JOIN MY FREE MINI-COURSE FOR WRITERS. CLICK HERE
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Rank: New-farer Joined: 1/5/2010 Posts: 7 Location: nairobi
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@CNN
What exactly are u saying about CMC??
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Rank: Member Joined: 9/12/2009 Posts: 312
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Well ,They had issued a profit warning. If what Cnn is saying is true, no wonder the price has fallen quite a bit today. How ever I still think there is hope for it.
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STOCKS TO WATCH IN 2010
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