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Scangroup Africa
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VituVingiSana
#21 Posted : Thursday, February 12, 2015 9:32:03 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
@lochaz - As a general rule [learnt through experience] I avoid GoK controlled firms. There needs to be a very compelling reason for buying GoK firms!

KCB has done well but that was AFTER GoK's influence waned while other shareholders became more 'powerful'... there was a time when KCB was technically bankrupt.

Safaricom is run by Vodafone not GoK.

KPLC, KenGen, Kenya Re, KQ, NBK, Mumias have all under-performed and I have a hunch that GoK had plenty of say in each of these!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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  | | Edit by user: Thursday, February 12, 2015 9:34 AM | Reason: Not specified
omega
#22 Posted : Thursday, February 12, 2015 1:40:28 PM
Rank: Member

Joined: 6/9/2009
Posts: 85
Realtreaty wrote:
This is a company owned by heavyweights and carrying their businesses in larger Africa with partners awide. The stock in NSE has not improved after having a bigger than normal perfomance in FY2013. The stock plumeted to lows of 43 afterwards from 72. Some may say it was due to dilution of the stock by creation of new shares for the partner. But the worst or good for that matter is that the said partner entered at 85 per stock. How will the new partner ever recover? Had the new partner pressumed the stock to go up to 120-150 ranges?
Where is the stock headed to?


This could be a good bet for medium term investment. I remember buying in 2009 and it stagnated for almost a year. I was about to bail out when the Ogilvy deal happened and the price shot up.
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omega
#23 Posted : Thursday, February 12, 2015 2:58:03 PM
Rank: Member

Joined: 6/9/2009
Posts: 85
Realtreaty wrote:
When will this stock behave like a real Alligator in the waters? The old strong and promising stock faded away though with strong investors and expansion. Is it touching 70 again very soon?
I think I will avoid all stocks with CEOor Chairmen of Indian(Asian) Origin...they seem to be enriching themselves only at the expense of investors.


I beg to differ. SCAN has already made me good money (150% gain without counting the bonus, when I sold early 2013) and I am now accumulating at below 50 for a second bite.

My best performing counters are ARM, Jubilee and DTB.
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Realtreaty
#24 Posted : Sunday, March 01, 2015 12:14:56 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
omega wrote:
Realtreaty wrote:
When will this stock behave like a real Alligator in the waters? The old strong and promising stock faded away though with strong investors and expansion. Is it touching 70 again very soon?
I think I will avoid all stocks with CEOor Chairmen of Indian(Asian) Origin...they seem to be enriching themselves only at the expense of investors.


I beg to differ. SCAN has already made me good money (150% gain without counting the bonus, when I sold early 2013) and I am now accumulating at below 50 for a second bite.

My best performing counters are ARM, Jubilee and DTB.

Drool Drool
There must have been a big jerk kind of injection. From 44 to 50 Kes jump? What is happening with the promoter?
Another day it may be back at its old shell of 62 before climbing to 75 and the entry of big guys at 85 Kes?
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  | | Edit by user: Sunday, March 01, 2015 12:18 PM | Reason: Not specified
Gatheuzi
#25 Posted : Monday, March 02, 2015 10:17:41 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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hisah
#26 Posted : Monday, March 02, 2015 4:08:01 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Wish NSE had cross trades. I'd be long SCAN and short NMG.

SCAN/NMG - long trade i.e. buy SCAN and sell NMG. I foresee that 85 handle getting tested and may be all the way to 100/-
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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kryptonite
#27 Posted : Monday, March 02, 2015 4:14:39 PM
Rank: Member

Joined: 2/1/2010
Posts: 272
Location: Nairobi
hisah wrote:
Wish NSE had cross trades. I'd be long SCAN and short NMG.

SCAN/NMG - long trade i.e. buy SCAN and sell NMG. I foresee that 85 handle getting tested and may be all the way to 100/-



Interesting. Are you forecasting this from charts or fundamentals?
That's quite some upside to 100/=
The harder you work, the luckier you get
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hisah
#28 Posted : Monday, March 02, 2015 6:50:24 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
kryptonite wrote:
hisah wrote:
Wish NSE had cross trades. I'd be long SCAN and short NMG.

SCAN/NMG - long trade i.e. buy SCAN and sell NMG. I foresee that 85 handle getting tested and may be all the way to 100/-



Interesting. Are you forecasting this from charts or fundamentals?
That's quite some upside to 100/=

The chart and very huge volume last Dec.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Realtreaty
#29 Posted : Wednesday, March 18, 2015 5:44:04 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387

Going places.
When is the date for the FY 2014
It will be average this week
Scangroup owner unveils units to boost business
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hisah
#30 Posted : Wednesday, March 18, 2015 7:26:45 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
kryptonite wrote:
hisah wrote:
Wish NSE had cross trades. I'd be long SCAN and short NMG.

SCAN/NMG - long trade i.e. buy SCAN and sell NMG. I foresee that 85 handle getting tested and may be all the way to 100/-



Interesting. Are you forecasting this from charts or fundamentals?
That's quite some upside to 100/=

The chart and very huge volume last Dec.

The breakdown of that SA firm merger deal will knock off the wind from the sails.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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