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Longhorn for longterm
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kimanijohnson
#1 Posted : Tuesday, September 23, 2014 12:10:57 PM
Rank: New-farer


Joined: 9/21/2014
Posts: 12
Location: nairobi
LONGHORN???

Shame on you
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 Report Abusive | Report SPAM | Edit by moderator: Monday, February 16, 2015 10:55 AM | Reason: topics merged
Rute
#2 Posted : Tuesday, February 10, 2015 10:54:19 AM
Rank: Hello


Joined: 1/20/2015
Posts: 5
Longhorn publishers shares

My fellow Wazua, what are your thoughts on Longhorn as a long term investments.
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Rute
#3 Posted : Tuesday, February 10, 2015 11:46:06 AM
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Joined: 1/20/2015
Posts: 5
Loghorn

Wazuans,, what are your views on LKL as a long term investment
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 Report Abusive | Report SPAM | Edit by moderator: Tuesday, February 10, 2015 11:58 AM | Reason: title clarified
maka
#4 Posted : Tuesday, February 10, 2015 11:50:31 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Rute wrote:
Wazuans,, what are your views on LKL as a long term investment


Interested in this also....wouldn't mind purchasing some....
possunt quia posse videntur
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mlennyma
#5 Posted : Tuesday, February 10, 2015 12:04:18 PM
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Joined: 7/21/2010
Posts: 6,183
Location: nairobi
The driver of publishing is education so i think education is a lifelong basic need,they were doing some aquisitions in tanzania iam also waiting to hear the progress so far.
"Don't let the fear of losing be greater than the excitement of winning."
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instinct
#6 Posted : Tuesday, February 10, 2015 12:12:24 PM
Rank: Member


Joined: 8/17/2007
Posts: 294
My assessment is that this share is worth 4.80/= after recent corporate actions, i.e. three bonus shares for every two held which diluted its value considerably. If you recall, it was 12/= pre-bonus. Its market is not very exciting and growth is sluggish. Top shareholders e.g. Centum, Ongeri have been exiting

Its worth noting that its regional sales grew by 36% last year to Sh457.9m. However its Kenyan sales will take a beating following the introduction of VAT on books.

http://allafrica.com/stories/201409290321.html

http://www.businessdaily.../-/t91ww3z/-/index.html

http://www.knowledgebylanes.co.ke/?p=23423

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mlennyma
#7 Posted : Tuesday, February 10, 2015 12:14:31 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
What surprised me is their generosity to pay us a dividend which seems more than their earnings per share.mr. market ignores theory at times
"Don't let the fear of losing be greater than the excitement of winning."
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mlennyma
#8 Posted : Tuesday, February 10, 2015 12:30:49 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
instinct wrote:
My assessment is that this share is worth 4.80/= after recent corporate actions, i.e. three bonus shares for every two held which diluted its value considerably. If you recall, it was 12/= pre-bonus. Its market is not very exciting and growth is sluggish. Top shareholders e.g. Centum, Ongeri have been exiting

Its worth noting that its regional sales grew by 36% last year to Sh457.9m. However its Kenyan sales will take a beating following the introduction of VAT on books.

http://allafrica.com/stories/201409290321.html

http://www.businessdaily.../-/t91ww3z/-/index.html

http://www.knowledgebylanes.co.ke/?p=23423


you may be theoritically correct but practically wrong for now.
"Don't let the fear of losing be greater than the excitement of winning."
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Rute
#9 Posted : Tuesday, February 10, 2015 12:43:23 PM
Rank: Hello


Joined: 1/20/2015
Posts: 5
mlennyma wrote:
instinct wrote:
My assessment is that this share is worth 4.80/= after recent corporate actions, i.e. three bonus shares for every two held which diluted its value considerably. If you recall, it was 12/= pre-bonus. Its market is not very exciting and growth is sluggish. Top shareholders e.g. Centum, Ongeri have been exiting

Its worth noting that its regional sales grew by 36% last year to Sh457.9m. However its Kenyan sales will take a beating following the introduction of VAT on books.

http://allafrica.com/stories/201409290321.html

http://www.businessdaily.../-/t91ww3z/-/index.html

http://www.knowledgebylanes.co.ke/?p=23423


you may be theoritically correct but practically wrong for now.



I thought the sh 10 is the post bonus price. It started trading at sh 10 from sh 25 on the day the bonus was effective. I think it is a good company when you consider its statements; no long term borrowings, growing revenues, consistence profits, good expansion and good dividends.
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Mart_Consult
#10 Posted : Tuesday, February 10, 2015 1:38:45 PM
Rank: Member


Joined: 11/7/2013
Posts: 127
Location: Nairobi, Kenya
mlennyma wrote:
What surprised me is their generosity to pay us a dividend which seems more than their earnings per share. Mr. market ignores theory at times


Mr. Market...or just maybe...shareholders? Centum needs cash flow...dividend is income and it cashed out of its some of its pre-bonus shares at all time high prices (just before bonus shares were issued in December having already qualified for the bonus shares by October)...waiting to see their 9- month performance come April...

So far, so good...
I went into the (Ferry) industry knowing the same thing I knew with all other businesses I went into- Nothing. Then I built it from there. - Sheldon Adelson (Titans at the Table- Giants of Macau)
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VituVingiSana
#11 Posted : Friday, February 14, 2020 7:40:33 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Longhorn Publishers recalls textbook over unsound content

https://www.businessdail...5936-bbs8ymz/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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