Wazua
»
Investor
»
Stocks
»
Thoughts on TPS Serena
Rank: New-farer Joined: 4/11/2016 Posts: 30 Location: Nairobi
|
I love how the market brings out divergent thoughts. One man's meat is another man's poison. Well I am buying loads of this one every month till i hit my maximum exposure. It is actually one of the stocks that I am really confident in, I wouldn't loose sleep even when it goes to single digits as some may prophesy.
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
mkate_nusu wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:kimanimsc wrote:CourtesyHY 2016 Sales 2.656219b vs. 2.671950b -0.589% Profit before interest, depreciation and taxation 170.411m vs. 182.432m -6.589% Net interest cost [54.781m] vs. [108.005m] -49.279% Depreciation on property, plant and equipment [189.786m] vs. [213.881m] -11.266% Loss before income tax [74.156m] vs. [139.454m] -46.824% Loss after taxation [57.627m] vs. [97.284m] -40.764% Loss attributable to equity holders of the company [77.593m] vs. [112.010m] -30.727% EPS [0.43] vs. [0.61] -29.508% Currency translation differences [56.461m] vs. [358.713m] -84.260% Equity 9.571263b vs. 9.956492b -3.869% Cash and cash equivalents at the end of the period 12.647m vs. [318.273m] +103.974% This company has had a rough time, the sector is brutal, so too have the shareholders. Lets see how peak season turns out. But at 18 its going at a throw away price. Management is pushing for a rebound towards Q4 2016. with july - october peak season key to this. @Aguytrying ftgh which posted better results is trading at 4 bob why recommend people to throw away 18 bob at this loss making entity? A share can be cheap at 100 and expensive at 10 bob. you know this right? @Aguytrying my main point was I wouldn't be advising anyone to buy into a company that has been making losses for over 10 straight quarters while there are better alternatives in the same market. Buying based on hope most times turns out to be a deadly bullet to your portfolio, that's why I personally avoid such companies *also note I chose ftgh not because it looks cheap but rather based on your bear wish list and the fact that it posted better half results and is more attractive fundamentally than TPS. I hope this is now clear enough to get a response to my original question in red above. Thanks I see. First it hasn't made losses in 10 straight quarters. I'm not advising anyone to buy this stock, im just saying its cheap at the current price. The company has been beaten down by the ebola epidemic, alshabaab. which led to travel advisories causing decreased profits. ebola is contained, so is alshabaab. travel advisories lifted. This is what you call buying a rebound. The current valuation is so low. were the company able to resume its normal profit levels it would be in the 40's. When tourism was good the EPS was 3.0- 4.0. But this is only for the patient long term investors. disclaimer. This is not a buy recommendation. I have TPSE shares This is not a buy recommendation. The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
mkate_nusu wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:kimanimsc wrote:CourtesyHY 2016 Sales 2.656219b vs. 2.671950b -0.589% Profit before interest, depreciation and taxation 170.411m vs. 182.432m -6.589% Net interest cost [54.781m] vs. [108.005m] -49.279% Depreciation on property, plant and equipment [189.786m] vs. [213.881m] -11.266% Loss before income tax [74.156m] vs. [139.454m] -46.824% Loss after taxation [57.627m] vs. [97.284m] -40.764% Loss attributable to equity holders of the company [77.593m] vs. [112.010m] -30.727% EPS [0.43] vs. [0.61] -29.508% Currency translation differences [56.461m] vs. [358.713m] -84.260% Equity 9.571263b vs. 9.956492b -3.869% Cash and cash equivalents at the end of the period 12.647m vs. [318.273m] +103.974% This company has had a rough time, the sector is brutal, so too have the shareholders. Lets see how peak season turns out. But at 18 its going at a throw away price. Management is pushing for a rebound towards Q4 2016. with july - october peak season key to this. @Aguytrying ftgh which posted better results is trading at 4 bob why recommend people to throw away 18 bob at this loss making entity? A share can be cheap at 100 and expensive at 10 bob. you know this right? @Aguytrying my main point was I wouldn't be advising anyone to buy into a company that has been making losses for over 10 straight quarters while there are better alternatives in the same market. Buying based on hope most times turns out to be a deadly bullet to your portfolio, that's why I personally avoid such companies *also note I chose ftgh not because it looks cheap but rather based on your bear wish list and the fact that it posted better half results and is more attractive fundamentally than TPS. I hope this is now clear enough to get a response to my original question in red above. Thanks @mkatenusu - Please share Q by Q PAT numbers. I'll even take H by H numbers for 10 Qs [2.5 years]. Thanks. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:kimanimsc wrote:CourtesyHY 2016 Sales 2.656219b vs. 2.671950b -0.589% Profit before interest, depreciation and taxation 170.411m vs. 182.432m -6.589% Net interest cost [54.781m] vs. [108.005m] -49.279% Depreciation on property, plant and equipment [189.786m] vs. [213.881m] -11.266% Loss before income tax [74.156m] vs. [139.454m] -46.824% Loss after taxation [57.627m] vs. [97.284m] -40.764% Loss attributable to equity holders of the company [77.593m] vs. [112.010m] -30.727% EPS [0.43] vs. [0.61] -29.508% Currency translation differences [56.461m] vs. [358.713m] -84.260% Equity 9.571263b vs. 9.956492b -3.869% Cash and cash equivalents at the end of the period 12.647m vs. [318.273m] +103.974% This company has had a rough time, the sector is brutal, so too have the shareholders. Lets see how peak season turns out. But at 18 its going at a throw away price. Management is pushing for a rebound towards Q4 2016. with july - october peak season key to this. @Aguytrying ftgh which posted better results is trading at 4 bob why recommend people to throw away 18 bob at this loss making entity? A share can be cheap at 100 and expensive at 10 bob. you know this right? @Aguytrying my main point was I wouldn't be advising anyone to buy into a company that has been making losses for over 10 straight quarters while there are better alternatives in the same market. Buying based on hope most times turns out to be a deadly bullet to your portfolio, that's why I personally avoid such companies *also note I chose ftgh not because it looks cheap but rather based on your bear wish list and the fact that it posted better half results and is more attractive fundamentally than TPS. I hope this is now clear enough to get a response to my original question in red above. Thanks I see. First it hasn't made losses in 10 straight quarters. I'm not advising anyone to buy this stock, im just saying its cheap at the current price. The company has been beaten down by the ebola epidemic, alshabaab. which led to travel advisories causing decreased profits. ebola is contained, so is alshabaab. travel advisories lifted. This is what you call buying a rebound. The current valuation is so low. were the company able to resume its normal profit levels it would be in the 40's. When tourism was good the EPS was 3.0- 4.0. But this is only for the patient long term investors. disclaimer. This is not a buy recommendation. I have TPSE shares This is not a buy recommendation. The Hotels are ok. Lodges breeding  Life is short. Live passionately.
|
|
|
Rank: Member Joined: 10/26/2015 Posts: 151
|
Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:kimanimsc wrote:CourtesyHY 2016 Sales 2.656219b vs. 2.671950b -0.589% Profit before interest, depreciation and taxation 170.411m vs. 182.432m -6.589% Net interest cost [54.781m] vs. [108.005m] -49.279% Depreciation on property, plant and equipment [189.786m] vs. [213.881m] -11.266% Loss before income tax [74.156m] vs. [139.454m] -46.824% Loss after taxation [57.627m] vs. [97.284m] -40.764% Loss attributable to equity holders of the company [77.593m] vs. [112.010m] -30.727% EPS [0.43] vs. [0.61] -29.508% Currency translation differences [56.461m] vs. [358.713m] -84.260% Equity 9.571263b vs. 9.956492b -3.869% Cash and cash equivalents at the end of the period 12.647m vs. [318.273m] +103.974% This company has had a rough time, the sector is brutal, so too have the shareholders. Lets see how peak season turns out. But at 18 its going at a throw away price. Management is pushing for a rebound towards Q4 2016. with july - october peak season key to this. @Aguytrying ftgh which posted better results is trading at 4 bob why recommend people to throw away 18 bob at this loss making entity? A share can be cheap at 100 and expensive at 10 bob. you know this right? @Aguytrying my main point was I wouldn't be advising anyone to buy into a company that has been making losses for over 10 straight quarters while there are better alternatives in the same market. Buying based on hope most times turns out to be a deadly bullet to your portfolio, that's why I personally avoid such companies *also note I chose ftgh not because it looks cheap but rather based on your bear wish list and the fact that it posted better half results and is more attractive fundamentally than TPS. I hope this is now clear enough to get a response to my original question in red above. Thanks I see. First it hasn't made losses in 10 straight quarters. I'm not advising anyone to buy this stock, im just saying its cheap at the current price. The company has been beaten down by the ebola epidemic, alshabaab. which led to travel advisories causing decreased profits. ebola is contained, so is alshabaab. travel advisories lifted. This is what you call buying a rebound. The current valuation is so low. were the company able to resume its normal profit levels it would be in the 40's. When tourism was good the EPS was 3.0- 4.0. But this is only for the patient long term investors. disclaimer. This is not a buy recommendation. I have TPSE shares This is not a buy recommendation. This stock requires balls of steel. Got in at 35 a year ago. Sold half of it when the price dropped by 10%. Sold off the remaining half at 20 this year. I had to,with all the sleepless nights. Looking to reenter at sub 18. I'm waiting to see how business picks up in the final half of the year. It's a good dividend stock. With return to profitability, dividend payout would be 1.35 as per historical data. That's 7.5%yield.
|
|
|
Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
|
VituVingiSana wrote:mkate_nusu wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:kimanimsc wrote:CourtesyHY 2016 Sales 2.656219b vs. 2.671950b -0.589% Profit before interest, depreciation and taxation 170.411m vs. 182.432m -6.589% Net interest cost [54.781m] vs. [108.005m] -49.279% Depreciation on property, plant and equipment [189.786m] vs. [213.881m] -11.266% Loss before income tax [74.156m] vs. [139.454m] -46.824% Loss after taxation [57.627m] vs. [97.284m] -40.764% Loss attributable to equity holders of the company [77.593m] vs. [112.010m] -30.727% EPS [0.43] vs. [0.61] -29.508% Currency translation differences [56.461m] vs. [358.713m] -84.260% Equity 9.571263b vs. 9.956492b -3.869% Cash and cash equivalents at the end of the period 12.647m vs. [318.273m] +103.974% This company has had a rough time, the sector is brutal, so too have the shareholders. Lets see how peak season turns out. But at 18 its going at a throw away price. Management is pushing for a rebound towards Q4 2016. with july - october peak season key to this. @Aguytrying ftgh which posted better results is trading at 4 bob why recommend people to throw away 18 bob at this loss making entity? A share can be cheap at 100 and expensive at 10 bob. you know this right? @Aguytrying my main point was I wouldn't be advising anyone to buy into a company that has been making losses for over 10 straight quarters while there are better alternatives in the same market. Buying based on hope most times turns out to be a deadly bullet to your portfolio, that's why I personally avoid such companies *also note I chose ftgh not because it looks cheap but rather based on your bear wish list and the fact that it posted better half results and is more attractive fundamentally than TPS. I hope this is now clear enough to get a response to my original question in red above. Thanks @mkatenusu - Please share Q by Q PAT numbers. I'll even take H by H numbers for 10 Qs [2.5 years]. Thanks. @VVS the last good year they had was 2013, ever since I consider their results to be a disgrace/joke. This second half will make up 2 more bad quarters to get 8 straight loss quarters and 12 straight disappointing quarters for any serious investor to think of parting his cash with. I would restate my earlier assertion as ...that has been struggling severely for over 10 straight quarters with losses being the greatest common divisor...A look at EPS: 1H 2013 0.69 FY 2013 3.45 1H 2014 0.13 FY 2014 1.35 1H 2015 (0.61) FY 2015 (1.63) 1H 2016 (0.43) FY 2016 (1.39) (logarithmically extrapolated) KEGN, KPLC, KQ, SCOM
|
|
|
Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
|
Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:kimanimsc wrote:CourtesyHY 2016 Sales 2.656219b vs. 2.671950b -0.589% Profit before interest, depreciation and taxation 170.411m vs. 182.432m -6.589% Net interest cost [54.781m] vs. [108.005m] -49.279% Depreciation on property, plant and equipment [189.786m] vs. [213.881m] -11.266% Loss before income tax [74.156m] vs. [139.454m] -46.824% Loss after taxation [57.627m] vs. [97.284m] -40.764% Loss attributable to equity holders of the company [77.593m] vs. [112.010m] -30.727% EPS [0.43] vs. [0.61] -29.508% Currency translation differences [56.461m] vs. [358.713m] -84.260% Equity 9.571263b vs. 9.956492b -3.869% Cash and cash equivalents at the end of the period 12.647m vs. [318.273m] +103.974% This company has had a rough time, the sector is brutal, so too have the shareholders. Lets see how peak season turns out. But at 18 its going at a throw away price. Management is pushing for a rebound towards Q4 2016. with july - october peak season key to this. @Aguytrying ftgh which posted better results is trading at 4 bob why recommend people to throw away 18 bob at this loss making entity? A share can be cheap at 100 and expensive at 10 bob. you know this right? @Aguytrying my main point was I wouldn't be advising anyone to buy into a company that has been making losses for over 10 straight quarters while there are better alternatives in the same market. Buying based on hope most times turns out to be a deadly bullet to your portfolio, that's why I personally avoid such companies *also note I chose ftgh not because it looks cheap but rather based on your bear wish list and the fact that it posted better half results and is more attractive fundamentally than TPS. I hope this is now clear enough to get a response to my original question in red above. Thanks I see. First it hasn't made losses in 10 straight quarters. I'm not advising anyone to buy this stock, im just saying its cheap at the current price. The company has been beaten down by the ebola epidemic, alshabaab. which led to travel advisories causing decreased profits. ebola is contained, so is alshabaab. travel advisories lifted. This is what you call buying a rebound. The current valuation is so low. were the company able to resume its normal profit levels it would be in the 40's. When tourism was good the EPS was 3.0- 4.0.But this is only for the patient long term investors. disclaimer. This is not a buy recommendation. I have TPSE shares This is not a buy recommendation. *it's important you noted that disclaimer clearly as some wazuans tend to buy on hearsay and get burnt easily. Buying based on good historical events is no guarantee for future performance. That's buying hope. I look at cold hard facts(financials). In the words of Kevin O'Leary, I think of my money as foot soldiers who should make me richer when I go to sleep than when I woke up. This one by the time you wait your cash has lost value to inflation and a severely beaten down share price. All the best if this turns out to be a wise investment I will gladly accept to have refused to board this bus(boda boda) KEGN, KPLC, KQ, SCOM
|
|
|
Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
|
MadDoc wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:kimanimsc wrote:CourtesyHY 2016 Sales 2.656219b vs. 2.671950b -0.589% Profit before interest, depreciation and taxation 170.411m vs. 182.432m -6.589% Net interest cost [54.781m] vs. [108.005m] -49.279% Depreciation on property, plant and equipment [189.786m] vs. [213.881m] -11.266% Loss before income tax [74.156m] vs. [139.454m] -46.824% Loss after taxation [57.627m] vs. [97.284m] -40.764% Loss attributable to equity holders of the company [77.593m] vs. [112.010m] -30.727% EPS [0.43] vs. [0.61] -29.508% Currency translation differences [56.461m] vs. [358.713m] -84.260% Equity 9.571263b vs. 9.956492b -3.869% Cash and cash equivalents at the end of the period 12.647m vs. [318.273m] +103.974% This company has had a rough time, the sector is brutal, so too have the shareholders. Lets see how peak season turns out. But at 18 its going at a throw away price. Management is pushing for a rebound towards Q4 2016. with july - october peak season key to this. @Aguytrying ftgh which posted better results is trading at 4 bob why recommend people to throw away 18 bob at this loss making entity? A share can be cheap at 100 and expensive at 10 bob. you know this right? @Aguytrying my main point was I wouldn't be advising anyone to buy into a company that has been making losses for over 10 straight quarters while there are better alternatives in the same market. Buying based on hope most times turns out to be a deadly bullet to your portfolio, that's why I personally avoid such companies *also note I chose ftgh not because it looks cheap but rather based on your bear wish list and the fact that it posted better half results and is more attractive fundamentally than TPS. I hope this is now clear enough to get a response to my original question in red above. Thanks I see. First it hasn't made losses in 10 straight quarters. I'm not advising anyone to buy this stock, im just saying its cheap at the current price. The company has been beaten down by the ebola epidemic, alshabaab. which led to travel advisories causing decreased profits. ebola is contained, so is alshabaab. travel advisories lifted. This is what you call buying a rebound. The current valuation is so low. were the company able to resume its normal profit levels it would be in the 40's. When tourism was good the EPS was 3.0- 4.0. But this is only for the patient long term investors. disclaimer. This is not a buy recommendation. I have TPSE shares This is not a buy recommendation. This stock requires balls of steel. Got in at 35 a year ago. Sold half of it when the price dropped by 10%. Sold off the remaining half at 20 this year. I had to,with all the sleepless nights. Looking to reenter at sub 18. I'm waiting to see how business picks up in the final half of the year. It's a good dividend stock. With return to profitability, dividend payout would be 1.35 as per historical data. That's 7.5%yield. @MadDoc I see the old adage 'Once bitten, twice shy' does not apply to you. KEGN, KPLC, KQ, SCOM
|
|
|
Rank: Member Joined: 10/26/2015 Posts: 151
|
mkate_nusu wrote:MadDoc wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:kimanimsc wrote:CourtesyHY 2016 Sales 2.656219b vs. 2.671950b -0.589% Profit before interest, depreciation and taxation 170.411m vs. 182.432m -6.589% Net interest cost [54.781m] vs. [108.005m] -49.279% Depreciation on property, plant and equipment [189.786m] vs. [213.881m] -11.266% Loss before income tax [74.156m] vs. [139.454m] -46.824% Loss after taxation [57.627m] vs. [97.284m] -40.764% Loss attributable to equity holders of the company [77.593m] vs. [112.010m] -30.727% EPS [0.43] vs. [0.61] -29.508% Currency translation differences [56.461m] vs. [358.713m] -84.260% Equity 9.571263b vs. 9.956492b -3.869% Cash and cash equivalents at the end of the period 12.647m vs. [318.273m] +103.974% This company has had a rough time, the sector is brutal, so too have the shareholders. Lets see how peak season turns out. But at 18 its going at a throw away price. Management is pushing for a rebound towards Q4 2016. with july - october peak season key to this. @Aguytrying ftgh which posted better results is trading at 4 bob why recommend people to throw away 18 bob at this loss making entity? A share can be cheap at 100 and expensive at 10 bob. you know this right? @Aguytrying my main point was I wouldn't be advising anyone to buy into a company that has been making losses for over 10 straight quarters while there are better alternatives in the same market. Buying based on hope most times turns out to be a deadly bullet to your portfolio, that's why I personally avoid such companies *also note I chose ftgh not because it looks cheap but rather based on your bear wish list and the fact that it posted better half results and is more attractive fundamentally than TPS. I hope this is now clear enough to get a response to my original question in red above. Thanks I see. First it hasn't made losses in 10 straight quarters. I'm not advising anyone to buy this stock, im just saying its cheap at the current price. The company has been beaten down by the ebola epidemic, alshabaab. which led to travel advisories causing decreased profits. ebola is contained, so is alshabaab. travel advisories lifted. This is what you call buying a rebound. The current valuation is so low. were the company able to resume its normal profit levels it would be in the 40's. When tourism was good the EPS was 3.0- 4.0. But this is only for the patient long term investors. disclaimer. This is not a buy recommendation. I have TPSE shares This is not a buy recommendation. This stock requires balls of steel. Got in at 35 a year ago. Sold half of it when the price dropped by 10%. Sold off the remaining half at 20 this year. I had to,with all the sleepless nights. Looking to reenter at sub 18. I'm waiting to see how business picks up in the final half of the year. It's a good dividend stock. With return to profitability, dividend payout would be 1.35 as per historical data. That's 7.5%yield. @MadDoc I see the old adage 'Once bitten, twice shy' does not apply to you. I'm not that impetuous. For the loss I made , I had an even better lesson. The entry price was wrong. I should have foreseen the drop with the downturn in tourism business. That's why this time, I'm waiting for it to pick up. They managed to reduce the losses in HY2016. They'd taken a USD loan for refurbishment of their existing hotels. The dollar has been stable so far. They've done the upgrades. The recent conferences could be a boon for the hotel industry. BUT, My decision to reenter will be dependent on FY results.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
@Aguy - I am increasing my position slowly. Are you? I like their management over the years even during tough times. Scarce offers at 17 though. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
|
MadDoc wrote:mkate_nusu wrote:MadDoc wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:kimanimsc wrote:CourtesyHY 2016 Sales 2.656219b vs. 2.671950b -0.589% Profit before interest, depreciation and taxation 170.411m vs. 182.432m -6.589% Net interest cost [54.781m] vs. [108.005m] -49.279% Depreciation on property, plant and equipment [189.786m] vs. [213.881m] -11.266% Loss before income tax [74.156m] vs. [139.454m] -46.824% Loss after taxation [57.627m] vs. [97.284m] -40.764% Loss attributable to equity holders of the company [77.593m] vs. [112.010m] -30.727% EPS [0.43] vs. [0.61] -29.508% Currency translation differences [56.461m] vs. [358.713m] -84.260% Equity 9.571263b vs. 9.956492b -3.869% Cash and cash equivalents at the end of the period 12.647m vs. [318.273m] +103.974% This company has had a rough time, the sector is brutal, so too have the shareholders. Lets see how peak season turns out. But at 18 its going at a throw away price. Management is pushing for a rebound towards Q4 2016. with july - october peak season key to this. @Aguytrying ftgh which posted better results is trading at 4 bob why recommend people to throw away 18 bob at this loss making entity? A share can be cheap at 100 and expensive at 10 bob. you know this right? @Aguytrying my main point was I wouldn't be advising anyone to buy into a company that has been making losses for over 10 straight quarters while there are better alternatives in the same market. Buying based on hope most times turns out to be a deadly bullet to your portfolio, that's why I personally avoid such companies *also note I chose ftgh not because it looks cheap but rather based on your bear wish list and the fact that it posted better half results and is more attractive fundamentally than TPS. I hope this is now clear enough to get a response to my original question in red above. Thanks I see. First it hasn't made losses in 10 straight quarters. I'm not advising anyone to buy this stock, im just saying its cheap at the current price. The company has been beaten down by the ebola epidemic, alshabaab. which led to travel advisories causing decreased profits. ebola is contained, so is alshabaab. travel advisories lifted. This is what you call buying a rebound. The current valuation is so low. were the company able to resume its normal profit levels it would be in the 40's. When tourism was good the EPS was 3.0- 4.0. But this is only for the patient long term investors. disclaimer. This is not a buy recommendation. I have TPSE shares This is not a buy recommendation. This stock requires balls of steel. Got in at 35 a year ago. Sold half of it when the price dropped by 10%. Sold off the remaining half at 20 this year. I had to,with all the sleepless nights. Looking to reenter at sub 18. I'm waiting to see how business picks up in the final half of the year. It's a good dividend stock. With return to profitability, dividend payout would be 1.35 as per historical data. That's 7.5%yield. @MadDoc I see the old adage 'Once bitten, twice shy' does not apply to you. I'm not that impetuous. For the loss I made , I had an even better lesson. The entry price was wrong. I should have foreseen the drop with the downturn in tourism business. That's why this time, I'm waiting for it to pick up. They managed to reduce the losses in HY2016. They'd taken a USD loan for refurbishment of their existing hotels. The dollar has been stable so far. They've done the upgrades. The recent conferences could be a boon for the hotel industry. BUT, My decision to reenter will be dependent on FY results. at times it just takes a normal person from the village to ask themselves how many kenyans contribute to revenue stream of TPS. other than likes of hon. Nyong'o who used to have his lunches there while Minister of Medical services in nusumkate government the rest are well to do foreigners. pity Mike Zuckerburger opted for lunch at mama oliech's. wazungu wakienda seychelles and south africa those empty hotel rooms are giving management and shareholders sleepless nights. I personally the closest I have come to this hotel is along the road when walking from the uon hostels to uhuru park some years back KEGN, KPLC, KQ, SCOM
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
mkate_nusu wrote:MadDoc wrote:mkate_nusu wrote:MadDoc wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:kimanimsc wrote:CourtesyHY 2016 Sales 2.656219b vs. 2.671950b -0.589% Profit before interest, depreciation and taxation 170.411m vs. 182.432m -6.589% Net interest cost [54.781m] vs. [108.005m] -49.279% Depreciation on property, plant and equipment [189.786m] vs. [213.881m] -11.266% Loss before income tax [74.156m] vs. [139.454m] -46.824% Loss after taxation [57.627m] vs. [97.284m] -40.764% Loss attributable to equity holders of the company [77.593m] vs. [112.010m] -30.727% EPS [0.43] vs. [0.61] -29.508% Currency translation differences [56.461m] vs. [358.713m] -84.260% Equity 9.571263b vs. 9.956492b -3.869% Cash and cash equivalents at the end of the period 12.647m vs. [318.273m] +103.974% This company has had a rough time, the sector is brutal, so too have the shareholders. Lets see how peak season turns out. But at 18 its going at a throw away price. Management is pushing for a rebound towards Q4 2016. with july - october peak season key to this. @Aguytrying ftgh which posted better results is trading at 4 bob why recommend people to throw away 18 bob at this loss making entity? A share can be cheap at 100 and expensive at 10 bob. you know this right? @Aguytrying my main point was I wouldn't be advising anyone to buy into a company that has been making losses for over 10 straight quarters while there are better alternatives in the same market. Buying based on hope most times turns out to be a deadly bullet to your portfolio, that's why I personally avoid such companies *also note I chose ftgh not because it looks cheap but rather based on your bear wish list and the fact that it posted better half results and is more attractive fundamentally than TPS. I hope this is now clear enough to get a response to my original question in red above. Thanks I see. First it hasn't made losses in 10 straight quarters. I'm not advising anyone to buy this stock, im just saying its cheap at the current price. The company has been beaten down by the ebola epidemic, alshabaab. which led to travel advisories causing decreased profits. ebola is contained, so is alshabaab. travel advisories lifted. This is what you call buying a rebound. The current valuation is so low. were the company able to resume its normal profit levels it would be in the 40's. When tourism was good the EPS was 3.0- 4.0. But this is only for the patient long term investors. disclaimer. This is not a buy recommendation. I have TPSE shares This is not a buy recommendation. This stock requires balls of steel. Got in at 35 a year ago. Sold half of it when the price dropped by 10%. Sold off the remaining half at 20 this year. I had to,with all the sleepless nights. Looking to reenter at sub 18. I'm waiting to see how business picks up in the final half of the year. It's a good dividend stock. With return to profitability, dividend payout would be 1.35 as per historical data. That's 7.5%yield. @MadDoc I see the old adage 'Once bitten, twice shy' does not apply to you. I'm not that impetuous. For the loss I made , I had an even better lesson. The entry price was wrong. I should have foreseen the drop with the downturn in tourism business. That's why this time, I'm waiting for it to pick up. They managed to reduce the losses in HY2016. They'd taken a USD loan for refurbishment of their existing hotels. The dollar has been stable so far. They've done the upgrades. The recent conferences could be a boon for the hotel industry. BUT, My decision to reenter will be dependent on FY results. at times it just takes a normal person from the village to ask themselves how many kenyans contribute to revenue stream of TPS. other than likes of hon. Nyong'o who used to have his lunches there while Minister of Medical services in nusumkate government the rest are well to do foreigners. pity Mike Zuckerburger opted for lunch at mama oliech's. wazungu wakienda seychelles and south africa those empty hotel rooms are giving management and shareholders sleepless nights. I personally the closest I have come to this hotel is along the road when walking from the uon hostels to uhuru park some years back Such sentiments are common when in the rectum of the bear. Clawed, bitten, washed with HCL, wringed by the intestines... but worry not, the bear will relief itself soon and the manure will nourish the grass, food for the bulls. Life is short. Live passionately.
|
|
|
Rank: Member Joined: 10/26/2015 Posts: 151
|
sparkly wrote:mkate_nusu wrote:MadDoc wrote:mkate_nusu wrote:MadDoc wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:kimanimsc wrote:CourtesyHY 2016 Sales 2.656219b vs. 2.671950b -0.589% Profit before interest, depreciation and taxation 170.411m vs. 182.432m -6.589% Net interest cost [54.781m] vs. [108.005m] -49.279% Depreciation on property, plant and equipment [189.786m] vs. [213.881m] -11.266% Loss before income tax [74.156m] vs. [139.454m] -46.824% Loss after taxation [57.627m] vs. [97.284m] -40.764% Loss attributable to equity holders of the company [77.593m] vs. [112.010m] -30.727% EPS [0.43] vs. [0.61] -29.508% Currency translation differences [56.461m] vs. [358.713m] -84.260% Equity 9.571263b vs. 9.956492b -3.869% Cash and cash equivalents at the end of the period 12.647m vs. [318.273m] +103.974% This company has had a rough time, the sector is brutal, so too have the shareholders. Lets see how peak season turns out. But at 18 its going at a throw away price. Management is pushing for a rebound towards Q4 2016. with july - october peak season key to this. @Aguytrying ftgh which posted better results is trading at 4 bob why recommend people to throw away 18 bob at this loss making entity? A share can be cheap at 100 and expensive at 10 bob. you know this right? @Aguytrying my main point was I wouldn't be advising anyone to buy into a company that has been making losses for over 10 straight quarters while there are better alternatives in the same market. Buying based on hope most times turns out to be a deadly bullet to your portfolio, that's why I personally avoid such companies *also note I chose ftgh not because it looks cheap but rather based on your bear wish list and the fact that it posted better half results and is more attractive fundamentally than TPS. I hope this is now clear enough to get a response to my original question in red above. Thanks I see. First it hasn't made losses in 10 straight quarters. I'm not advising anyone to buy this stock, im just saying its cheap at the current price. The company has been beaten down by the ebola epidemic, alshabaab. which led to travel advisories causing decreased profits. ebola is contained, so is alshabaab. travel advisories lifted. This is what you call buying a rebound. The current valuation is so low. were the company able to resume its normal profit levels it would be in the 40's. When tourism was good the EPS was 3.0- 4.0. But this is only for the patient long term investors. disclaimer. This is not a buy recommendation. I have TPSE shares This is not a buy recommendation. This stock requires balls of steel. Got in at 35 a year ago. Sold half of it when the price dropped by 10%. Sold off the remaining half at 20 this year. I had to,with all the sleepless nights. Looking to reenter at sub 18. I'm waiting to see how business picks up in the final half of the year. It's a good dividend stock. With return to profitability, dividend payout would be 1.35 as per historical data. That's 7.5%yield. @MadDoc I see the old adage 'Once bitten, twice shy' does not apply to you. I'm not that impetuous. For the loss I made , I had an even better lesson. The entry price was wrong. I should have foreseen the drop with the downturn in tourism business. That's why this time, I'm waiting for it to pick up. They managed to reduce the losses in HY2016. They'd taken a USD loan for refurbishment of their existing hotels. The dollar has been stable so far. They've done the upgrades. The recent conferences could be a boon for the hotel industry. BUT, My decision to reenter will be dependent on FY results. at times it just takes a normal person from the village to ask themselves how many kenyans contribute to revenue stream of TPS. other than likes of hon. Nyong'o who used to have his lunches there while Minister of Medical services in nusumkate government the rest are well to do foreigners. pity Mike Zuckerburger opted for lunch at mama oliech's. wazungu wakienda seychelles and south africa those empty hotel rooms are giving management and shareholders sleepless nights. I personally the closest I have come to this hotel is along the road when walking from the uon hostels to uhuru park some years back Such sentiments are common when in the rectum of the bear. Clawed, bitten, washed with HCL, wringed by the intestines... but worry not, the bear will relief itself soon and the manure will nourish the grass, food for the bulls.  polepole
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
I bought Unga when folks were dissing it. I bought KenyaRe when things looked dire. I bought more KK when I saw Ohana's turnaround. TPSEA is in a tough industry with lots of competition but it is a quality firm with quality properties and most important a quality [trustworthy and sharp] management. TPSEA needs to enter and grab the "middle-income" market where Tune Hotels, Country Lodge, etc are playing. Look at Kahama with their offerings. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
VituVingiSana wrote:@Aguy - I am increasing my position slowly. Are you? I like their management over the years even during tough times. Scarce offers at 17 though. Since this 17 price I've added some. I've been buying consistently since 25 coming down. I opted to double my previous holding when the price became too attractive. One thing I've noted over the period the company has struggled, so we'll detailedly pointed out by our fellow wazuan, is that the revenue has not fluctuated much. So i see scope of a recovery starting this H2. On another note, some high volumes trading at 17 of late. Not going unnoticed by all investors The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
mkate_nusu wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:mkate_nusu wrote:Aguytrying wrote:kimanimsc wrote:CourtesyHY 2016 Sales 2.656219b vs. 2.671950b -0.589% Profit before interest, depreciation and taxation 170.411m vs. 182.432m -6.589% Net interest cost [54.781m] vs. [108.005m] -49.279% Depreciation on property, plant and equipment [189.786m] vs. [213.881m] -11.266% Loss before income tax [74.156m] vs. [139.454m] -46.824% Loss after taxation [57.627m] vs. [97.284m] -40.764% Loss attributable to equity holders of the company [77.593m] vs. [112.010m] -30.727% EPS [0.43] vs. [0.61] -29.508% Currency translation differences [56.461m] vs. [358.713m] -84.260% Equity 9.571263b vs. 9.956492b -3.869% Cash and cash equivalents at the end of the period 12.647m vs. [318.273m] +103.974% This company has had a rough time, the sector is brutal, so too have the shareholders. Lets see how peak season turns out. But at 18 its going at a throw away price. Management is pushing for a rebound towards Q4 2016. with july - october peak season key to this. @Aguytrying ftgh which posted better results is trading at 4 bob why recommend people to throw away 18 bob at this loss making entity? A share can be cheap at 100 and expensive at 10 bob. you know this right? @Aguytrying my main point was I wouldn't be advising anyone to buy into a company that has been making losses for over 10 straight quarters while there are better alternatives in the same market. Buying based on hope most times turns out to be a deadly bullet to your portfolio, that's why I personally avoid such companies *also note I chose ftgh not because it looks cheap but rather based on your bear wish list and the fact that it posted better half results and is more attractive fundamentally than TPS. I hope this is now clear enough to get a response to my original question in red above. Thanks I see. First it hasn't made losses in 10 straight quarters. I'm not advising anyone to buy this stock, im just saying its cheap at the current price. The company has been beaten down by the ebola epidemic, alshabaab. which led to travel advisories causing decreased profits. ebola is contained, so is alshabaab. travel advisories lifted. This is what you call buying a rebound. The current valuation is so low. were the company able to resume its normal profit levels it would be in the 40's. When tourism was good the EPS was 3.0- 4.0.But this is only for the patient long term investors. disclaimer. This is not a buy recommendation. I have TPSE shares This is not a buy recommendation. *it's important you noted that disclaimer clearly as some wazuans tend to buy on hearsay and get burnt easily. Buying based on good historical events is no guarantee for future performance. That's buying hope. I look at cold hard facts(financials). In the words of Kevin O'Leary, I think of my money as foot soldiers who should make me richer when I go to sleep than when I woke up. This one by the time you wait your cash has lost value to inflation and a severely beaten down share price. All the best if this turns out to be a wise investment I will gladly accept to have refused to board this bus(boda boda) Anyone buying a stock only because someone else said so DESERVES to be burnt. Thanks for the good wishes, all the best in your other ventures The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: New-farer Joined: 4/11/2016 Posts: 30 Location: Nairobi
|
Aguytrying wrote:VituVingiSana wrote:@Aguy - I am increasing my position slowly. Are you? I like their management over the years even during tough times. Scarce offers at 17 though. Since this 17 price I've added some. I've been buying consistently since 25 coming down. I opted to double my previous holding when the price became too attractive. One thing I've noted over the period the company has struggled, so we'll detailedly pointed out by our fellow wazuan, is that the revenue has not fluctuated much. So i see scope of a recovery starting this H2. On another note, some high volumes trading at 17 of late. Not going unnoticed by all investors Mostly foreigners flocking in since the week started....hope it is a good sign. I wish it stays at these levels till year end.
|
|
|
Rank: New-farer Joined: 5/21/2013 Posts: 72 Location: KENYA
|
INTERNATIONAL CHAINS TO OPEN 16 NEW HOTELS IN KENYA BY 2020With the seeming resurgence of tourism in Kenya, lessened security threats at the coast, investor confidence seems to be growing. Is there underutilised potential in the market, or are investors taking advantage of the slump to buy in when low? Also, TPS is only focused on renovations of existing facilities in Kenya, last I checked. With these new entrants, will there be enough for all to go around?  “The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
shiznit wrote:INTERNATIONAL CHAINS TO OPEN 16 NEW HOTELS IN KENYA BY 2020With the seeming resurgence of tourism in Kenya, lessened security threats at the coast, investor confidence seems to be growing. Is there underutilised potential in the market, or are investors taking advantage of the slump to buy in when low? Also, TPS is only focused on renovations of existing facilities in Kenya, last I checked. With these new entrants, will there be enough for all to go around? I prefer a management that expands cautiously. TPSEA should not take on debt that it will have trouble servicing. The "foreign" firms do not own but lease/manage the facilities, many of which are owned by shady folks, and TPSEA should look at that model too in Nairobi for a 2nd facility. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Member Joined: 3/3/2016 Posts: 132
|
VituVingiSana wrote:shiznit wrote:INTERNATIONAL CHAINS TO OPEN 16 NEW HOTELS IN KENYA BY 2020With the seeming resurgence of tourism in Kenya, lessened security threats at the coast, investor confidence seems to be growing. Is there underutilised potential in the market, or are investors taking advantage of the slump to buy in when low? Also, TPS is only focused on renovations of existing facilities in Kenya, last I checked. With these new entrants, will there be enough for all to go around? I prefer a management that expands cautiously. TPSEA should not take on debt that it will have trouble servicing. The "foreign" firms do not own but lease/manage the facilities, many of which are owned by shady folks, and TPSEA should look at that model too in Nairobi for a 2nd facility. I think a lot of the new players are targeting business travellers and conferences, etc which are a bit less sensitive to security threats than tourists. Anyone building new lodges or beach hotels?
|
|
|
Wazua
»
Investor
»
Stocks
»
Thoughts on TPS Serena
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|