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sparkly
#1 Posted : Sunday, May 23, 2010 2:14:22 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Had to let go of eabl from my portifolio. Need to replace it with a long term stock. Criteria, good dividend, prospect for growth, dominance in its industry. What would you suggest and why?
Life is short. Live passionately.
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Gatheuzi
#2 Posted : Sunday, May 23, 2010 7:08:32 PM
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Joined: 8/16/2009
Posts: 994
If you want financials, EB will be the pick. I might also suggest DTB if you want to cater for more upmarket banking.

If you insist on industrials, look between the Bamburi and ARM. KENOL is a good bet if you want to have a regional feel.

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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sparkly
#3 Posted : Sunday, May 23, 2010 8:10:56 PM
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Joined: 9/23/2009
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Location: Enk are Nyirobi
@Gatheuzi thanks, am looking at the industrials. Which would you say is the best buy at current prices?
Life is short. Live passionately.
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sheep
#4 Posted : Monday, May 24, 2010 9:37:11 AM
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Joined: 7/24/2008
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sparkly wrote:
Had to let go of eabl from my portifolio. Need to replace it with a long term stock. Criteria, good dividend, prospect for growth, dominance in its industry. What would you suggest and why?


I dont think there is a stock that meets your criteria...Bamburi's close but the cement industry will be facing massive increases in supply by 2012 which means prices will come down leading to low profit margins...KPLC is a monopoly,poor dividends,good prospects for growth but politics will determine profitability...In short diversify.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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guru267
#5 Posted : Monday, May 24, 2010 10:06:43 AM
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Joined: 1/21/2010
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Location: Nairobi
sheep wrote:
KPLC is a monopoly,poor dividends,good prospects for growth but politics will determine profitability...In short diversify.


@sheep i would hardly call KPLC's 8bob dividend at a price of 150 last year and a possible 10bob dividend at a share price of 200bob this year "poor dividends" and remember last year dividends were only 19% of the PAT....

@sparkly since you are looking at the long term in the industrials i believe ARM, Bamburi, KPLC and Mumias are very good buys because of good growth prospects and very high potential in terms of dividend yield...

Mark 12:29
Deuteronomy 4:16
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mkonomtupu
#6 Posted : Monday, May 24, 2010 12:57:17 PM
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Joined: 2/10/2010
Posts: 1,001
Location: River Road
I have sold my mumias and kenol shares and still debating if to use the proceeds to buy into EABL, KPLC rights or TPS Serena. Any reason for kicking out EABL?
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sparkly
#7 Posted : Monday, May 24, 2010 5:34:36 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@mkonomtupu had to let go of EABL shingo upande, connected to what i do for a living.

The vote count so far:

Bamburi-3
ARM-2
KPLC-2
KENOL-1
Mumias-1

Bamburi seems to be winning...
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VituVingiSana
#8 Posted : Tuesday, May 25, 2010 2:43:59 AM
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Joined: 1/3/2007
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Location: Nairobi
KPLC paid 3/- interim dividend... Expect 7/- for a total of 10/-
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Wa_ithaka
#9 Posted : Tuesday, May 25, 2010 8:44:47 AM
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Joined: 1/7/2010
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Location: nbi
Starts with C smile
The Governor of Nyeri - 2017
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2012
#10 Posted : Tuesday, May 25, 2010 9:17:31 AM
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Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
sparkly wrote:
@mkonomtupu had to let go of EABL shingo upande, connected to what i do for a living.


Are you a pastor?
I'd highly recommend KPLC. I think this counter is way undervalued. If only I had some cash...

BBI will solve it :)
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makmende
#11 Posted : Tuesday, May 25, 2010 9:26:39 AM
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Joined: 5/14/2010
Posts: 26
Location: kenya
being a pastor should not detter you from making a kill from eabl, even Jesus increased supply of liquor at some bash when some1 said they were running out of it.

U can go the kplc dude. am currently consolidating my cash and that will be my next buy. I jsut bought cfc which is in a different sector from what you are asking.
Roho Juu
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Sober
#12 Posted : Tuesday, May 25, 2010 9:29:01 AM
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Joined: 11/27/2007
Posts: 3,604
KPLC... KPLC... KPLC... You will not regret, the counter is gearing up for the next big shot.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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sparkly
#13 Posted : Tuesday, May 25, 2010 10:49:57 AM
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Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Wow Kplc wins with a 'NARC 2002' margin. I however fear that 'common good' policies by the government, once it recaptures a majority holding in the company might not be aligned with other shareholders' interests. Pastor, lol am not one, just avoiding conflict of interest.
Life is short. Live passionately.
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mufasa
#14 Posted : Tuesday, May 25, 2010 10:59:40 AM
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Joined: 4/15/2008
Posts: 205
EA Cables. Don't be afraid of this stock. yes the comany had a poor performance but on the backdrop of a rebounding economy and an ever expanding telecoms industry, you will be off the mark if you right-off EACables
Do it today! Tomorrow is promise to no-one.
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