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Carbacid FY 2014 PBT 6% down
Magnate
#1 Posted : Saturday, October 18, 2014 10:02:25 AM
Rank: Member

Joined: 11/1/2013
Posts: 257
Compared to previous FY
Turnover down -10%
PBT -5.8%
PAT +PAT 3%
Proposed Final dividend 0.3 form previous 0.6
Closed at 25.0 yesterday

The poor H1 results had set the stage,no surprise here

http://ge.tt/3QJwck12/v/0


No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
Aguytrying
#2 Posted : Sunday, October 19, 2014 12:47:28 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
a nice time to get in now that the hype is finished and share nearer true value now at 25.00
The investor's chief problem - and even his worst enemy - is likely to be himself
dunkang
#3 Posted : Sunday, October 19, 2014 6:15:33 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Receive with simplicity everything that happens to you.” ― Rashi

jerry
#4 Posted : Sunday, October 19, 2014 12:27:37 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Aguytrying wrote:
a nice time to get in now that the hype is finished and share nearer true value now at 25.00

I can't agree more. 24/= will be perfect.
The opposite of courage is not cowardice, it's conformity.
Akenyan2014
#5 Posted : Sunday, October 19, 2014 1:41:32 PM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
jerry wrote:
Aguytrying wrote:
a nice time to get in now that the hype is finished and share nearer true value now at 25.00

I can't agree more. 24/= will be perfect.


I tend to think this will take the KAKUZI trend, immediate decline ,quick U turn, rise,rise
VituVingiSana
#6 Posted : Sunday, October 19, 2014 5:34:37 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
Carbacid seems more of an investment firm than a pure play [granted their is a huge contribution from CO2].

Let's look at the numbers.

365mn for the 'core operations'
121mn Finance Income
74mn Equity Investment Gains [I expect they will cash out some in 2014 to avoid Capital Gains]
27.5mn Property FVG

If Carbacid does sell off some of the equities they could book huge (cash) gains in 2014-15. I doubt these will filter through Profits [already accounted for as non-cash profits]. It is unlikely they will sell off the properties but there is potential for future development albeit there's a 5% Capital Gains Tax on the huge gains.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mlennyma
#7 Posted : Monday, October 20, 2014 8:58:14 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
This set of results,might see this share beaten to 20 or below given that this are slowdown months and the dividend is below the belt.
"Don't let the fear of losing be greater than the excitement of winning."
Wondergirl
#8 Posted : Monday, October 20, 2014 9:32:42 PM
Rank: Member

Joined: 9/12/2009
Posts: 312
Guys, I'm very disappointed. I bought at a much higher price than it is currently. Is it wise to load more once the price drops further?
target1360
#9 Posted : Monday, October 20, 2014 10:07:30 PM
Rank: Member

Joined: 5/14/2014
Posts: 289
Location: nairobi
Wondergirl wrote:
Guys, I'm very disappointed. I bought at a much higher price than it is currently. Is it wise to load more once the price drops further?


the actions of a mad man should stop disappointing you.focus on the underlying business otherwise youl end up very very miserable.
I find satisfaction in owning great business,not trading them
Wondergirl
#10 Posted : Monday, October 20, 2014 10:24:42 PM
Rank: Member

Joined: 9/12/2009
Posts: 312
target1360 wrote:
Wondergirl wrote:
Guys, I'm very disappointed. I bought at a much higher price than it is currently. Is it wise to load more once the price drops further?


the actions of a mad man should stop disappointing you.focus on the underlying business otherwise youl end up very very miserable.

@target, thanks. However it is at this place Wazua where I learnt the phrase, never through some good money after some bad money, neither should you try to grasp a falling knife among many other many wise sayings'. I try to be a good student.
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