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Kenya top 5 blue chips stocks.
Angelica _ann
#31 Posted : Saturday, January 21, 2017 10:37:26 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
obiero wrote:
maka wrote:
obiero wrote:
The only stocks worth trading in 2017


Which one?smile

BAT, JUB, SCOM, KCB & KQ

smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Shak
#32 Posted : Saturday, January 21, 2017 10:54:41 AM
Rank: Elder

Joined: 2/22/2009
Posts: 2,449
Location: Africa
FROM INVESTOPEDIA
"A blue chip is a nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.

The name "blue chip" came about because in the game of poker the blue chips have the highest value.

Blue chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide steady growth in their portfolios"

From the foregoing, I don't think KQ can be classified as a bluechip.
obiero
#33 Posted : Saturday, January 21, 2017 11:54:12 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,226
Location: nairobi
Shak wrote:
FROM INVESTOPEDIA
"A blue chip is a nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.

The name "blue chip" came about because in the game of poker the blue chips have the highest value.

Blue chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide steady growth in their portfolios"

From the foregoing, I don't think KQ can be classified as a bluechip.

It's an emerging blue chip

Angelica _ann
#34 Posted : Saturday, January 21, 2017 12:21:02 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
BAT, Jubilee, Safaricom and Bamburu Probably Equity and KCB.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Chaka
#35 Posted : Saturday, January 21, 2017 2:13:42 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
obiero wrote:
Shak wrote:
FROM INVESTOPEDIA
"A blue chip is a nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.

The name "blue chip" came about because in the game of poker the blue chips have the highest value.

Blue chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide steady growth in their portfolios"

From the foregoing, I don't think KQ can be classified as a bluechip.

It's an emerging blue chip

So,once KQ is in profit territory,there will be no turning back?In which case I will hold on to my 3500 shares..
obiero
#36 Posted : Saturday, January 21, 2017 6:11:40 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,226
Location: nairobi
Chaka wrote:
obiero wrote:
Shak wrote:
FROM INVESTOPEDIA
"A blue chip is a nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.

The name "blue chip" came about because in the game of poker the blue chips have the highest value.

Blue chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide steady growth in their portfolios"

From the foregoing, I don't think KQ can be classified as a bluechip.

It's an emerging blue chip

So,once KQ is in profit territory,there will be no turning back?In which case I will hold on to my 3500 shares..

@chaka everyone here agrees that the KQ losses have been artificial.. A plunder of resources occurred but we have steadied the plane and are now cruising towards greatness

maka
#37 Posted : Saturday, January 21, 2017 6:58:31 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
Chaka wrote:
obiero wrote:
Shak wrote:
FROM INVESTOPEDIA
"A blue chip is a nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.

The name "blue chip" came about because in the game of poker the blue chips have the highest value.

Blue chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide steady growth in their portfolios"

From the foregoing, I don't think KQ can be classified as a bluechip.

It's an emerging blue chip

So,once KQ is in profit territory,there will be no turning back?In which case I will hold on to my 3500 shares..

@chaka everyone here agrees that the KQ losses have been artificial.. A plunder of resources occurred but we have steadied the plane and are now cruising towards greatness


Interesting smile
possunt quia posse videntur
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