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CENTUM
Horton
#1 Posted : Friday, May 14, 2010 8:27:35 AM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
This looks quite interesting. Its earning last year were 313M, however just from CARBACID, they will make a profit of 400m, in mumias they should triple their income from this...ofcourse its all book, but all the listed shares that they hold are doing quite well...
VituVingiSana
#2 Posted : Friday, May 14, 2010 10:17:22 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
But the train will slow down at some point unless they can sell & re-deploy the cash...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Scubidu
#3 Posted : Friday, May 14, 2010 10:40:08 AM
Rank: Veteran


Joined: 9/4/2009
Posts: 700
Location: Nairobi
There strategy seems more focussed on private equity deals. I'd like to see them going the Pan African route. Perhaps buying into mining to take advantage of the commodity boom. Where will the cash go?
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
Mpenzi
#4 Posted : Friday, May 14, 2010 10:42:03 AM
Rank: Veteran


Joined: 10/17/2008
Posts: 1,234
Where are these results of CENTUM?
mv_ufanisi
#5 Posted : Friday, May 14, 2010 11:15:49 AM
Rank: Member


Joined: 1/15/2010
Posts: 625
Mpenzi wrote:
Where are these results of CENTUM?


The profits are too big, they don't want to shock shareholders. Be patient! They will release results pole pole so that people don't start planning for a second car.
VituVingiSana
#6 Posted : Friday, May 14, 2010 12:10:56 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
mv_ufanisi wrote:
Mpenzi wrote:
Where are these results of CENTUM?


The profits are too big, they don't want to shock shareholders. Be patient! They will release results pole pole so that people don't start planning for a second car.

LOL...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Horton
#7 Posted : Friday, May 14, 2010 1:34:33 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
at 20 bob it looks like steal...I valued it at 29.50....lets see how it goes
VituVingiSana
#8 Posted : Friday, May 14, 2010 3:41:16 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Horton wrote:
at 20 bob it looks like steal...I valued it at 29.50....lets see how it goes
Wow... Well, for you, I hope so...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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