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Madness at the NSE
Rank: Chief Joined: 1/3/2007 Posts: 18,210 Location: Nairobi
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Pesa Nane wrote:sparkly wrote:VituVingiSana wrote:https://www.businessdailyafrica.com/analysis/ideas/When-is-right-selling-time-/4259414-4520872-uk44fq/index.html
Mwanyasi: Ignoring the market’s ups and downs entirely and remaining patient for a period lasting more than five years should reward you immensely.
Ignore market ups and downs at your own peril. You profit more if you buy in a low PE, high DY market and sell in the converse. Imagine if you bought the following NSE 'Blue Chips' and went away: Blue Chips? Really?
1. A Baumann 2. African Lakes Corporation. 3. African Tours and Hotels Ltd 4. Atlas Africa. 5. Brooke bond Kenya Ltd. [Delisted as Unilever Tea. Doing quite well since] 6. Chancery Investment Ltd. 7. City Brewery Investments Ltd [EABL or City Trust? CT reverse-merged to form I&M Bank] 8. Consolidated Holdings Ltd. 9. E. A. Bag & Cordage Co.Ltd. 10. E. A. Oxygen Ltd. [BOC] 11. E. A. Packaging Industries Ltd. 12. E. A. Road Services Ltd. 13. East African Packaging Ltd 14. Elliot’s Bakery Ltd. [Was it listed?] 15. Hutching Biemer 16. Kenstock Ltd. [City Trust] 17. Kenya Co-operative Cremaries. 18. Kenya Finance Corporation. 19. Kenya Hotels Ltd. 20. Kenya National Mills Ltd. [Acquired by Unga] 21. Kenya Planters Co-operative. 22. Motor Mart Group Ltd. 23. Ol Pajeta Ranching Ltd. 24. Pearl Dry cleaners Ltd. 25. Philips Harrison & Crossifield. 26. Sofar Investment Ltd. 27. Theta Group Ltd. 28. TimSales 29. Unilever Kenya Ltd Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,210 Location: Nairobi
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sparkly wrote:VituVingiSana wrote:https://www.businessdailyafrica.com/analysis/ideas/When-is-right-selling-time-/4259414-4520872-uk44fq/index.html
Mwanyasi: Ignoring the market’s ups and downs entirely and remaining patient for a period lasting more than five years should reward you immensely.
Ignore market ups and downs at your own peril. You profit more if you buy in a low PE, high DY market and sell in the converse. Warren Buffett: "When It's Raining Gold, Reach For a Bucket" Buffett writes, "We've put a lot of money to work during the chaos of the last two years. It's been an ideal period for investors: A climate of fear is their best friend. Those who invest only when commentators are upbeat end up paying a heavy price for meaningless reassurance." Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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VituVingiSana wrote:Pesa Nane wrote:sparkly wrote:VituVingiSana wrote:https://www.businessdailyafrica.com/analysis/ideas/When-is-right-selling-time-/4259414-4520872-uk44fq/index.html
Mwanyasi: Ignoring the market’s ups and downs entirely and remaining patient for a period lasting more than five years should reward you immensely.
Ignore market ups and downs at your own peril. You profit more if you buy in a low PE, high DY market and sell in the converse. Imagine if you bought the following NSE 'Blue Chips' and went away: Blue Chips? Really? Yep! Most of these were hot gems back in the day1. A Baumann 2. African Lakes Corporation. 3. African Tours and Hotels Ltd 4. Atlas Africa. 5. Brooke bond Kenya Ltd. [Delisted as Unilever Tea. Doing quite well since] 6. Chancery Investment Ltd. 7. City Brewery Investments Ltd [EABL or City Trust? CT reverse-merged to form I&M Bank] 8. Consolidated Holdings Ltd. 9. E. A. Bag & Cordage Co.Ltd. 10. E. A. Oxygen Ltd. [BOC] 11. E. A. Packaging Industries Ltd. 12. E. A. Road Services Ltd. 13. East African Packaging Ltd 14. Elliot’s Bakery Ltd. [Was it listed?] verily15. Hutching Biemer 16. Kenstock Ltd. [City Trust] 17. Kenya Co-operative Cremaries. 18. Kenya Finance Corporation. 19. Kenya Hotels Ltd. 20. Kenya National Mills Ltd. [Acquired by Unga] 21. Kenya Planters Co-operative. 22. Motor Mart Group Ltd. 23. Ol Pajeta Ranching Ltd. 24. Pearl Dry cleaners Ltd. 25. Philips Harrison & Crossifield. 26. Sofar Investment Ltd. 27. Theta Group Ltd. 28. TimSales 29. Unilever Kenya Ltd Pesa Nane plans to be shilingi when he grows up.
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Rank: Chief Joined: 1/3/2007 Posts: 18,210 Location: Nairobi
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Pesa Nane wrote:VituVingiSana wrote:Pesa Nane wrote:sparkly wrote:VituVingiSana wrote:https://www.businessdailyafrica.com/analysis/ideas/When-is-right-selling-time-/4259414-4520872-uk44fq/index.html
Mwanyasi: Ignoring the market’s ups and downs entirely and remaining patient for a period lasting more than five years should reward you immensely.
Ignore market ups and downs at your own peril. You profit more if you buy in a low PE, high DY market and sell in the converse. Imagine if you bought the following NSE 'Blue Chips' and went away: Blue Chips? Really? Yep! Most of these were hot gems back in the day1. A Baumann 2. African Lakes Corporation. 3. African Tours and Hotels Ltd 4. Atlas Africa. 5. Brooke bond Kenya Ltd. [Delisted as Unilever Tea. Doing quite well since] 6. Chancery Investment Ltd. 7. City Brewery Investments Ltd [EABL or City Trust? CT reverse-merged to form I&M Bank] 8. Consolidated Holdings Ltd. [Isn't that now Standard Group?]9. E. A. Bag & Cordage Co.Ltd. 10. E. A. Oxygen Ltd. [BOC] 11. E. A. Packaging Industries Ltd. 12. E. A. Road Services Ltd. 13. East African Packaging Ltd 14. Elliot’s Bakery Ltd. [Was it listed?] verily Then it was bought out by Unga. And then sold off by Unga as a private firm 15. Hutching Biemer 16. Kenstock Ltd. [City Trust] 17. Kenya Co-operative Cremaries. Listed as a stock or just preferred shares?18. Kenya Finance Corporation. [Nyammo and friends took it to the cleaners]19. Kenya Hotels Ltd. 20. Kenya National Mills Ltd. [Acquired by Unga] 21. Kenya Planters Co-operative. 22. Motor Mart Group Ltd. 23. Ol Pajeta Ranching Ltd. 24. Pearl Dry cleaners Ltd. 25. Philips Harrison & Crossifield. 26. Sofar Investment Ltd. [What did they do?]27. Theta Group Ltd. [What did they do?]28. TimSales 29. Unilever Kenya Ltd Except for Unilever Kenya (former Brooke Bond), maybe EAO/BOC and Motor Mart... I don't think the others were Blue Chips. KNM and Eliot's were bought out or merged into Unga. KenStock was merged into City Trust. Neither were blue chips. And now CT lives on as I&M Holdings. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,761 Location: nairobi
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VituVingiSana wrote:Pesa Nane wrote:VituVingiSana wrote:Pesa Nane wrote:sparkly wrote:VituVingiSana wrote:https://www.businessdailyafrica.com/analysis/ideas/When-is-right-selling-time-/4259414-4520872-uk44fq/index.html
Mwanyasi: Ignoring the market’s ups and downs entirely and remaining patient for a period lasting more than five years should reward you immensely.
Ignore market ups and downs at your own peril. You profit more if you buy in a low PE, high DY market and sell in the converse. Imagine if you bought the following NSE 'Blue Chips' and went away: Blue Chips? Really? Yep! Most of these were hot gems back in the day1. A Baumann 2. African Lakes Corporation. 3. African Tours and Hotels Ltd 4. Atlas Africa. 5. Brooke bond Kenya Ltd. [Delisted as Unilever Tea. Doing quite well since] 6. Chancery Investment Ltd. 7. City Brewery Investments Ltd [EABL or City Trust? CT reverse-merged to form I&M Bank] 8. Consolidated Holdings Ltd. [Isn't that now Standard Group?]9. E. A. Bag & Cordage Co.Ltd. 10. E. A. Oxygen Ltd. [BOC] 11. E. A. Packaging Industries Ltd. 12. E. A. Road Services Ltd. 13. East African Packaging Ltd 14. Elliot’s Bakery Ltd. [Was it listed?] verily Then it was bought out by Unga. And then sold off by Unga as a private firm 15. Hutching Biemer 16. Kenstock Ltd. [City Trust] 17. Kenya Co-operative Cremaries. Listed as a stock or just preferred shares?18. Kenya Finance Corporation. [Nyammo and friends took it to the cleaners]19. Kenya Hotels Ltd. 20. Kenya National Mills Ltd. [Acquired by Unga] 21. Kenya Planters Co-operative. 22. Motor Mart Group Ltd. 23. Ol Pajeta Ranching Ltd. 24. Pearl Dry cleaners Ltd. 25. Philips Harrison & Crossifield. 26. Sofar Investment Ltd. [What did they do?]27. Theta Group Ltd. [What did they do?]28. TimSales 29. Unilever Kenya Ltd Except for Unilever Kenya (former Brooke Bond), maybe EAO/BOC and Motor Mart... I don't think the others were Blue Chips. KNM and Eliot's were bought out or merged into Unga. KenStock was merged into City Trust. Neither were blue chips. And now CT lives on as I&M Holdings. I see my agemates here 😁 COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Chief Joined: 1/3/2007 Posts: 18,210 Location: Nairobi
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Some are unfamiliar to me as "trading" or listed firms. None seem to qualify as Blue Chips 3. African Tours and Hotels Ltd [What happened to ATH?] 6. Chancery Investment Ltd. [Any connection with the Kenyatta family? There's a Chancery building] 7. City Brewery Investments Ltd [What's the story?] 9. E. A. Bag & Cordage Co.Ltd. 12. E. A. Road Services Ltd. [Which brand buses did it operate?] 14. Elliot’s Bakery Ltd. [Was it listed?] verily Then it was bought out by Unga. And then sold off by Unga as a private firm 17. Kenya Co-operative Cremaries. Listed as a stock or just preferred shares? 19. Kenya Hotels Ltd. [What did it own?] 21. Kenya Planters Co-operative. 23. Ol Pajeta Ranching Ltd. [What happened to it?] 24. Pearl Dry cleaners Ltd. [I remember the stores but not the business/listing] 25. Philips Harrison & Crossifield. [Sounds like a law firm!] 26. Sofar Investment Ltd. [What did they do?] 27. Theta Group Ltd. [What did they do?] 28. TimSales 29. Unilever Kenya Ltd [Does this refer to Unilever Tea or Unilever the firm?] Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,210 Location: Nairobi
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@Sparkly - I should have had my "end date" at 1 Dec 2018 for our bet 8 May 2018 (VWAP) KenGen 8.15 KK 19.15 + dividends Ohana better deliver since we are paying him 1bn+ in options! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:@Sparkly - I should have had my "end date" at 1 Dec 2018 for our bet 8 May 2018 (VWAP) KenGen 8.15 KK 19.15 + dividends Ohana better deliver since we are paying him 1bn+ in options! Every stock has its day. Kengen was extremely oversold last year while KK was struggling with 14-17 resistance. Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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https://www.businessdail...71436-9isiy7/index.html
Foreign investors have made net sales of Sh5.3 billion from the stock market in the last month on profit-taking activities, putting pressure on stock prices and pushing the main index down by six per cent over the period. Data compiled by Standard Investment Bank shows that since mid-April, these investors have been cashing in on the blue chips, mainly Safaricom on which weekly net sales have ranged from Sh850 million to Sh1 billion. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,761 Location: nairobi
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Ericsson wrote:https://www.businessdailyafrica.com/markets/marketnews/Foreigners-remove-Sh5bn-at-the-NSE-Investors/3815534-4571436-9isiy7/index.html
Foreign investors have made net sales of Sh5.3 billion from the stock market in the last month on profit-taking activities, putting pressure on stock prices and pushing the main index down by six per cent over the period.
Data compiled by Standard Investment Bank shows that since mid-April, these investors have been cashing in on the blue chips, mainly Safaricom on which weekly net sales have ranged from Sh850 million to Sh1 billion. Of the 67 listed firms, 20 companies at the NSE are now trading under KES 10 per share, with 35 companies trading sub KES 20 per share.. This is a very fair market perception towards the financial performance of the companies.. Being more proof that information is the commodity on trade at the NSE and the one with better information shall likely trade at a profit to the 'greater fool'. Only Kurwitu appears misplaced, but then again which sane investor would ever but Kurwitu shares.. Mumias Sugar 0.8 Home Afrika Ltd 0.95 Atlas Development & Support 1.05 Deacons 1.6 Eveready EA 1.8 Uchumi Supermarket 1.8 Nairobi Business Ventures 2.05 Sameer Africa 2.3 Olympia Capital 2.65 Flame Tree Group 3.2 ARM Cement Ltd 3.65 Longhorn Kenya Ltd 4.25 Express 4.6 Transcentury Limited 4.7 CIC Insurance 4.8 EA Cables 5 National Bank of Kenya 6.3 Kenya Power & Lighting 6.7 Kengen 7.9 Housing Finance 9.7 Umeme 10 Marshalls EA 10.75 Kenya Airways 10.8 A Baumann 11.1 Carbacid Investments 11.3 Fahari I-Reit 11.5 Barclays Bank 11.7 CFC Insurance Holdings 13.4 British-American Investments 14 Scangroup 17.05 Kenya Re-Insurance 18 Cooperative Bank 18.6 Nairobi Securities Exchange 18.8 Eaagads 19 KenolKobil 19.55 Sasini 22.5 EA Portland Cement 24 Pan Africa Insurance 25 Rea Vipingo Plantations 27.5 Car & General 28.75 Safaricom Limited 29.25 TPS EA Serena 32 Total Kenya 32 Standard Group 32.5 NIC Bank 36 Centum Investment 37 Unga Group 40 KCB Bank 48 Equity Bank 49.5 Kapchorua Tea 74 Kenya Orchads 82 Crown Paints 87.5 BOC Kenya 90 CFC Stanbic 94 Nation Media Group 108 I&M bank 118 Williamson Tea 150 Bamburi Cement 178 Diamond Trust Bank 203 Standard Chartered Bank 210 EA Breweries 235 Kakuzi 351 Limuru Tea 520 Jubilee Holdings 534 British American Tobacco 616 Kurwitu Ventures 1,500.00 COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:Ericsson wrote:https://www.businessdailyafrica.com/markets/marketnews/Foreigners-remove-Sh5bn-at-the-NSE-Investors/3815534-4571436-9isiy7/index.html
Foreign investors have made net sales of Sh5.3 billion from the stock market in the last month on profit-taking activities, putting pressure on stock prices and pushing the main index down by six per cent over the period.
Data compiled by Standard Investment Bank shows that since mid-April, these investors have been cashing in on the blue chips, mainly Safaricom on which weekly net sales have ranged from Sh850 million to Sh1 billion. Of the 67 listed firms, 20 companies at the NSE are now trading under KES 10 per share, with 35 companies trading sub KES 20 per share.. This is a very fair market perception towards the financial performance of the companies.. Being more proof that information is the commodity on trade at the NSE and the one with better information shall likely trade at a profit to the 'greater fool'. Only Kurwitu appears misplaced, but then again which sane investor would ever but Kurwitu shares.. Mumias Sugar 0.8 Home Afrika Ltd 0.95 Atlas Development & Support 1.05Deacons 1.6 Eveready EA 1.8 Uchumi Supermarket 1.8 Nairobi Business Ventures 2.05 Sameer Africa 2.3 Olympia Capital 2.65 Flame Tree Group 3.2 ARM Cement Ltd 3.65 Longhorn Kenya Ltd 4.25 Express 4.6 Transcentury Limited 4.7 CIC Insurance 4.8 EA Cables 5 National Bank of Kenya 6.3 Kenya Power & Lighting 6.7 Kengen 7.9 Housing Finance 9.7 Umeme 10 Marshalls EA 10.75Kenya Airways 10.8 A Baumann 11.1Carbacid Investments 11.3 Fahari I-Reit 11.5 Barclays Bank 11.7 CFC Insurance Holdings 13.4 British-American Investments 14 Scangroup 17.05 Kenya Re-Insurance 18 Cooperative Bank 18.6 Nairobi Securities Exchange 18.8 Eaagads 19 KenolKobil 19.55 Sasini 22.5 EA Portland Cement 24 Pan Africa Insurance 25 Rea Vipingo Plantations 27.5Car & General 28.75 Safaricom Limited 29.25 TPS EA Serena 32 Total Kenya 32 Standard Group 32.5 NIC Bank 36 Centum Investment 37 Unga Group 40 KCB Bank 48 Equity Bank 49.5 Kapchorua Tea 74 Kenya Orchads 82 Crown Paints 87.5 BOC Kenya 90 CFC Stanbic 94 Nation Media Group 108 I&M bank 118 Williamson Tea 150 Bamburi Cement 178 Diamond Trust Bank 203 Standard Chartered Bank 210 EA Breweries 235 Kakuzi 351 Limuru Tea 520 Jubilee Holdings 534 British American Tobacco 616 Kurwitu Ventures 1,500.00 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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obiero wrote:Ericsson wrote:https://www.businessdailyafrica.com/markets/marketnews/Foreigners-remove-Sh5bn-at-the-NSE-Investors/3815534-4571436-9isiy7/index.html
Foreign investors have made net sales of Sh5.3 billion from the stock market in the last month on profit-taking activities, putting pressure on stock prices and pushing the main index down by six per cent over the period.
Data compiled by Standard Investment Bank shows that since mid-April, these investors have been cashing in on the blue chips, mainly Safaricom on which weekly net sales have ranged from Sh850 million to Sh1 billion. Of the 67 listed firms, 20 companies at the NSE are now trading under KES 10 per share, with 35 companies trading sub KES 20 per share.. This is a very fair market perception towards the financial performance of the companies.. Being more proof that information is the commodity on trade at the NSE and the one with better information shall likely trade at a profit to the 'greater fool'. Only Kurwitu appears misplaced, but then again which sane investor would ever but Kurwitu shares.. Mumias Sugar 0.8 Home Afrika Ltd 0.95 Atlas Development & Support 1.05 Deacons 1.6 Eveready EA 1.8 Uchumi Supermarket 1.8 Nairobi Business Ventures 2.05 Sameer Africa 2.3 Olympia Capital 2.65 Flame Tree Group 3.2 ARM Cement Ltd 3.65 Longhorn Kenya Ltd 4.25 Express 4.6 Transcentury Limited 4.7 CIC Insurance 4.8 EA Cables 5 National Bank of Kenya 6.3 Kenya Power & Lighting 6.7 Kengen 7.9 Housing Finance 9.7 Umeme 10 Marshalls EA 10.75 Kenya Airways 10.8 A Baumann 11.1 Carbacid Investments 11.3 Fahari I-Reit 11.5 Barclays Bank 11.7 CFC Insurance Holdings 13.4 British-American Investments 14 Scangroup 17.05 Kenya Re-Insurance 18 Cooperative Bank 18.6 Nairobi Securities Exchange 18.8 Eaagads 19 KenolKobil 19.55 Sasini 22.5 EA Portland Cement 24 Pan Africa Insurance 25 Rea Vipingo Plantations 27.5 Car & General 28.75 Safaricom Limited 29.25 TPS EA Serena 32 Total Kenya 32 Standard Group 32.5 NIC Bank 36 Centum Investment 37 Unga Group 40 KCB Bank 48 Equity Bank 49.5 Kapchorua Tea 74 Kenya Orchads 82 Crown Paints 87.5 BOC Kenya 90 CFC Stanbic 94 Nation Media Group 108 I&M bank 118 Williamson Tea 150 Bamburi Cement 178 Diamond Trust Bank 203 Standard Chartered Bank 210 EA Breweries 235 Kakuzi 351 Limuru Tea 520 Jubilee Holdings 534 British American Tobacco 616 Kurwitu Ventures 1,500.00 Sasa we need to classify those trading below ksh.1. Monkeys Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,919
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Kumbe Centum is back to below 40 bob. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 13,761 Location: nairobi
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Ericsson wrote:obiero wrote:Ericsson wrote:https://www.businessdailyafrica.com/markets/marketnews/Foreigners-remove-Sh5bn-at-the-NSE-Investors/3815534-4571436-9isiy7/index.html
Foreign investors have made net sales of Sh5.3 billion from the stock market in the last month on profit-taking activities, putting pressure on stock prices and pushing the main index down by six per cent over the period.
Data compiled by Standard Investment Bank shows that since mid-April, these investors have been cashing in on the blue chips, mainly Safaricom on which weekly net sales have ranged from Sh850 million to Sh1 billion. Of the 67 listed firms, 20 companies at the NSE are now trading under KES 10 per share, with 35 companies trading sub KES 20 per share.. This is a very fair market perception towards the financial performance of the companies.. Being more proof that information is the commodity on trade at the NSE and the one with better information shall likely trade at a profit to the 'greater fool'. Only Kurwitu appears misplaced, but then again which sane investor would ever but Kurwitu shares.. Mumias Sugar 0.8 Home Afrika Ltd 0.95 Atlas Development & Support 1.05 Deacons 1.6 Eveready EA 1.8 Uchumi Supermarket 1.8 Nairobi Business Ventures 2.05 Sameer Africa 2.3 Olympia Capital 2.65 Flame Tree Group 3.2 ARM Cement Ltd 3.65 Longhorn Kenya Ltd 4.25 Express 4.6 Transcentury Limited 4.7 CIC Insurance 4.8 EA Cables 5 National Bank of Kenya 6.3 Kenya Power & Lighting 6.7 Kengen 7.9 Housing Finance 9.7 Umeme 10 Marshalls EA 10.75 Kenya Airways 10.8 A Baumann 11.1 Carbacid Investments 11.3 Fahari I-Reit 11.5 Barclays Bank 11.7 CFC Insurance Holdings 13.4 British-American Investments 14 Scangroup 17.05 Kenya Re-Insurance 18 Cooperative Bank 18.6 Nairobi Securities Exchange 18.8 Eaagads 19 KenolKobil 19.55 Sasini 22.5 EA Portland Cement 24 Pan Africa Insurance 25 Rea Vipingo Plantations 27.5 Car & General 28.75 Safaricom Limited 29.25 TPS EA Serena 32 Total Kenya 32 Standard Group 32.5 NIC Bank 36 Centum Investment 37 Unga Group 40 KCB Bank 48 Equity Bank 49.5 Kapchorua Tea 74 Kenya Orchads 82 Crown Paints 87.5 BOC Kenya 90 CFC Stanbic 94 Nation Media Group 108 I&M bank 118 Williamson Tea 150 Bamburi Cement 178 Diamond Trust Bank 203 Standard Chartered Bank 210 EA Breweries 235 Kakuzi 351 Limuru Tea 520 Jubilee Holdings 534 British American Tobacco 616 Kurwitu Ventures 1,500.00 Sasa we need to classify those trading below ksh.1. Monkeys From the list, monkeys appear from KES 5 and lower COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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Uchumi trading at less than ksh.2 waah. The number of companies trading at less than ksh.2 is increasing Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,210 Location: Nairobi
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Uhuru adviser pokes holes in Rotich Bill https://www.businessdail...89732-ben1ai/index.html
What's going on here? Is Rotich fronting for someone? #BringMwaraniaBack Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 11/13/2015 Posts: 1,614
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Rank: Hello Joined: 8/22/2017 Posts: 6 Location: nrb
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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https://www.businessdail...874-13xxa9mz/index.html
Companies borrowing for projects from banks will face a bigger cost of business in terms of tax under a proposed new law seeking to drive firms toward equity financing. The new provision discourages companies from borrowing heavily for expansion and encourage them to take more capital from shareholders. If a company has total capital of Sh100 million, it can take loans that allow it to deduct up to two times of this or Sh200 million in interest so that only amounts of interest above is subject to tax. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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Market has caught a cold Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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