wazua Fri, Jan 10, 2025
Welcome Guest Search | Active Topics | Log In | Register

Jubilee Holdings - JUB - A good buy or not?
Options
Previous Topic · Next Topic
guru267
#1 Posted : Thursday, June 03, 2010 8:37:00 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
I've been trying hard to get a hold of these shares because by many metrics its fairly cheap and i know it will not survive a share split come next year but honestly its hard to find these shares anywhere....

does any one out there know a reason why i should or shouldn't buy these shares???
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM | Edit by moderator: Friday, June 04, 2010 9:03 AM | Reason: title optimised for search
VituVingiSana
#2 Posted : Thursday, June 03, 2010 8:45:01 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
What do u mean u cant find the shares? There are 2,200 on offer at the moment... So unless, you want 20,000... buy these for now...

Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
guru267
#3 Posted : Thursday, June 03, 2010 9:00:20 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@VVS i have no power over seemingly retarded brokers and its a damn public holiday here... what price are they being offered at because mine is a market order??? do you think this is a good buy???
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#4 Posted : Thursday, June 03, 2010 9:18:39 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
guru267 wrote:
@VVS i have no power over seemingly retarded brokers and its a damn public holiday here... what price are they being offered at because mine is a market order??? do you think this is a good buy???


What holiday? Why buy JHL in UG if you can buy in Kenya... far more liquid...

185/- but I have no idea if it is a good buy at this price... I do agree JHL is among the best insurance firms in East Africa...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
guru267
#5 Posted : Thursday, June 03, 2010 9:37:04 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@VVS looks look i'm going to have to bid up the price Because first of all i'm looking to hold them for 5 years or more and i'm chasing the bonus and dividends and the P/E is fair and the balance sheet looking good... plus i believe the retained earnings last year will definitely be put to good use....

but the icing on the cake is the NSE perfomance... these guys have a whole 4billion invested in the NSE equities...
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
mukiha
#6 Posted : Thursday, June 03, 2010 9:45:29 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
guru267 wrote:

but the icing on the cake is the NSE perfomance... these guys have a whole 4billion invested in the NSE equities...

Didn't you hear what happened to CFC last year?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Back to top
 Report Abusive | Report SPAM
the deal
#7 Posted : Thursday, June 03, 2010 9:52:57 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
mukiha wrote:
guru267 wrote:

but the icing on the cake is the NSE perfomance... these guys have a whole 4billion invested in the NSE equities...

Didn't you hear what happened to CFC last year?

600 mil impairement on the NSE investment...LOL...that was scary...@ mukiha are you going to hold into cfclife shares once theyre listed on the NSE in August...i think i'm going to sell mine on the first day...insurance firms scare the hell out of me...LOL..
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.