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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: 4,818
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: 18,121
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: 6,183
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: 288
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.
mulla
#11 Posted : Tuesday, October 21, 2014 2:32:02 AM
Rank: Member


Joined: 6/15/2013
Posts: 301
Wondergirl wrote:
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.


Patience pays wondergirl. Study the company, if impressed buy at a lower price where it stabilises and wont seem to go any lower. listen to the advice around you but final decision is yours, its your money. Carbacid is a solid company so try to find out why there has been a slump, and if it seems temporary then return to profit will be inevitable.
whiteowl
#12 Posted : Tuesday, October 21, 2014 5:06:26 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
mulla wrote:
Wondergirl wrote:
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.


Patience pays wondergirl. Study the company, if impressed buy at a lower price where it stabilises and wont seem to go any lower. listen to the advice around you but final decision is yours, its your money. Carbacid is a solid company so try to find out why there has been a slump, and if it seems temporary then return to profit will be inevitable.

As much the underlying business is solid, when the results are dull the share can take a heavy beating and discounts can turn premium. So watch out for a fall first before restocking.
mlennyma
#13 Posted : Tuesday, October 21, 2014 7:11:24 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
I can remember pple chasing this share at 60's,70's,it is used to rallying and iam sure it will re-visit this ranges sometimes next year if they announce a good H1 2015 numbers,for now its a wait and guess bottom.
"Don't let the fear of losing be greater than the excitement of winning."
Akenyan2014
#14 Posted : Tuesday, October 21, 2014 11:44:01 AM
Rank: Member


Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
whiteowl wrote:
mulla wrote:
Wondergirl wrote:
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.


Patience pays wondergirl. Study the company, if impressed buy at a lower price where it stabilises and wont seem to go any lower. listen to the advice around you but final decision is yours, its your money. Carbacid is a solid company so try to find out why there has been a slump, and if it seems temporary then return to profit will be inevitable.

As much the underlying business is solid, when the results are dull the share can take a heavy beating and discounts can turn premium. So watch out for a fall first before restocking.


What fall? I am seeing healthy volumes trading today, Price seems to be inching upwards..lowest traded price today as at 11.44 being 26.00
littledove
#15 Posted : Tuesday, October 21, 2014 11:53:15 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
Akenyan2014 wrote:
whiteowl wrote:
mulla wrote:
Wondergirl wrote:
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.


Patience pays wondergirl. Study the company, if impressed buy at a lower price where it stabilises and wont seem to go any lower. listen to the advice around you but final decision is yours, its your money. Carbacid is a solid company so try to find out why there has been a slump, and if it seems temporary then return to profit will be inevitable.

As much the underlying business is solid, when the results are dull the share can take a heavy beating and discounts can turn premium. So watch out for a fall first before restocking.


What fall? I am seeing healthy volumes trading today, Price seems to be inching upwards..lowest traded price today as at 11.44 being 26.00

the excitement is because of small div announced last week, it will still test new low bearing in mind the kind of results they announced
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Akenyan2014
#16 Posted : Tuesday, October 21, 2014 12:21:45 PM
Rank: Member


Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
littledove wrote:
Akenyan2014 wrote:
whiteowl wrote:
mulla wrote:
Wondergirl wrote:
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.


Patience pays wondergirl. Study the company, if impressed buy at a lower price where it stabilises and wont seem to go any lower. listen to the advice around you but final decision is yours, its your money. Carbacid is a solid company so try to find out why there has been a slump, and if it seems temporary then return to profit will be inevitable.

As much the underlying business is solid, when the results are dull the share can take a heavy beating and discounts can turn premium. So watch out for a fall first before restocking.


What fall? I am seeing healthy volumes trading today, Price seems to be inching upwards..lowest traded price today as at 11.44 being 26.00

the excitement is because of small div announced last week, it will still test new low bearing in mind the kind of results they announced


You are not convincing at all. The dividend was announced with the results the kind you are discussing. Which takes more weight, the dividend or the profit fall?
selah
#17 Posted : Tuesday, October 21, 2014 12:31:02 PM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
What is the reason for the reduced Turnover and why have they released such a condensed financial report....is it even legal for a company to release only one set of results i.e P&L while the cashflow and Balance sheet is withheld.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
shalishali
#18 Posted : Tuesday, October 21, 2014 4:57:06 PM
Rank: Member


Joined: 12/15/2009
Posts: 142
Location: Nairobi
Staring at a huge loss if I sell today. Will hold and hope for the best.NKT.
UKITAFUTA UKABILA UTAKUFA BILA!
whiteowl
#19 Posted : Tuesday, October 21, 2014 9:41:43 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
Akenyan2014 wrote:
littledove wrote:
Akenyan2014 wrote:
whiteowl wrote:
mulla wrote:
Wondergirl wrote:
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.


Patience pays wondergirl. Study the company, if impressed buy at a lower price where it stabilises and wont seem to go any lower. listen to the advice around you but final decision is yours, its your money. Carbacid is a solid company so try to find out why there has been a slump, and if it seems temporary then return to profit will be inevitable.

As much the underlying business is solid, when the results are dull the share can take a heavy beating and discounts can turn premium. So watch out for a fall first before restocking.


What fall? I am seeing healthy volumes trading today, Price seems to be inching upwards..lowest traded price today as at 11.44 being 26.00

the excitement is because of small div announced last week, it will still test new low bearing in mind the kind of results they announced


You are not convincing at all. The dividend was announced with the results the kind you are discussing. Which takes more weight, the dividend or the profit fall?

Not so long ago it was at 30-33/= and I was eying it thinking it would jump back to 40/=. Then came the fall to 20 then stabilized at current prices. With no positive news on the bottom line, it's more likely to go down than up.
obiero
#20 Posted : Tuesday, October 21, 2014 10:17:53 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,551
Location: nairobi
the stock market respects no one

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