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STOCKS TO SELL by yaserbigchair
Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Spikes wrote:obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH AS AT 17.08.2016 arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, hf, home afrika, i&m, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, scbk, uchumi, unga, umeme and KQ. KQ is not trading.. It is a hung share
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:Spikes wrote:obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH AS AT 17.08.2016 arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, hf, home afrika, i&m, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, scbk, uchumi, unga, umeme and KQ. KQ is not trading.. It is a hung share So is ARM. Dead. 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: 13,516 Location: nairobi
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Juojo wrote:littledove wrote:obiero wrote:Fyatu wrote:Angelica _ann wrote:Ericsson wrote:obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH.
stocks to trade with eyes wide open 17.04.2018: arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, home afrika, i&m, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, scbk, uchumi, unga, umeme As price declines continue;the boss of the NSE says this year we will clock 4,000 points on the 25 share index Did ARM release the full year results after their profit warning? They are still cooking the books ARM is one of the listed companies with high level of clean corporate governance. It is unlikely that they are book cookers, since they have always laid bare their issues and the results have been in tandem good to hear a second opinion from an elder, i trust the management despite the predicaments and im slowly accumulating arm. Even elders can get it wrong without full info.Have you talked to an auditor who has ever been involved in their audit?  I hear guys have not been paid for like 4 months. That's how Nakumatt started. We shall revisit. Pradeep now barred from decision making on the ARM board https://af.reuters.com/a...ditiesNews/idAFL5N1V9042
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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obiero wrote:xxxxx wrote:obiero wrote:Fyatu wrote:Angelica _ann wrote:Ericsson wrote:obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH.
stocks to trade with eyes wide open 17.04.2018: arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, home afrika, i&m, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, scbk, uchumi, unga, umeme As price declines continue;the boss of the NSE says this year we will clock 4,000 points on the 25 share index Did ARM release the full year results after their profit warning? They are still cooking the books ARM is one of the listed companies with high level of clean corporate governance. It is unlikely that they are book cookers, since they have always laid bare their issues and the results have been in tandem I doubt this. i) Any company that issues a profit warning for the year ended 31 December 2017 in March 2018 can not have high corporate governance. For Christ's sake, the market is expecting audited results in March. ii) The fact that ARM always reports in the last week of April should tickle your opinion of their corporate governance especially since they are not subject to prior approval from an industry line regulator such as Insurance companies and or banks. In fact if you recall, Bamburi has almost always traditionally reported within 2 months of year end (for full year) as well half year. So what's different with ARM Cement? Heck BAT even used to report within 1 month of period end (included audited financial statements). If your assertion is true, then there must be something special about ARM's business that makes financial reporting not so straight forward. I am tempted to concur with the "cooking the books" theory. The firm already stated that they expect an increased loss position in excess of KES 3.5B up from KES 2.8B, what exactly is there to cook here https://www.nation.co.ke...38540-c0gr4o/index.html
Sad for ARM.. Nasty politics in East Africa has killed a once vibrant firm
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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obiero wrote:obiero wrote:xxxxx wrote:obiero wrote:Fyatu wrote:Angelica _ann wrote:Ericsson wrote:obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH.
stocks to trade with eyes wide open 17.04.2018: arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, home afrika, i&m, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, scbk, uchumi, unga, umeme As price declines continue;the boss of the NSE says this year we will clock 4,000 points on the 25 share index Did ARM release the full year results after their profit warning? They are still cooking the books ARM is one of the listed companies with high level of clean corporate governance. It is unlikely that they are book cookers, since they have always laid bare their issues and the results have been in tandem I doubt this. i) Any company that issues a profit warning for the year ended 31 December 2017 in March 2018 can not have high corporate governance. For Christ's sake, the market is expecting audited results in March. ii) The fact that ARM always reports in the last week of April should tickle your opinion of their corporate governance especially since they are not subject to prior approval from an industry line regulator such as Insurance companies and or banks. In fact if you recall, Bamburi has almost always traditionally reported within 2 months of year end (for full year) as well half year. So what's different with ARM Cement? Heck BAT even used to report within 1 month of period end (included audited financial statements). If your assertion is true, then there must be something special about ARM's business that makes financial reporting not so straight forward. I am tempted to concur with the "cooking the books" theory. The firm already stated that they expect an increased loss position in excess of KES 3.5B up from KES 2.8B, what exactly is there to cook here https://www.nation.co.ke...38540-c0gr4o/index.html
Sad for ARM.. Nasty politics in East Africa has killed a once vibrant firm It was stated here earlier before Pradeep Paunrana killed the business built by his father Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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I have noted correlation between penny stocks and non-performing stocks at the NSE Mumias Sugar Co. 0.70 Home Afrika 0.90 Eveready East Africa 1.40 Uchumi Supermarket 1.65 Sameer Africa 2.68 Olympia Capital Holdings 3.18 E.A.Cables 3.70 Flame Tree Group Holdings 3.75 Trans-Century Limited 3.95 Longhorn Publishers 4.53 ARM Cement 4.60 CIC Insurance Group 4.70 National Bank of Kenya 5.65 Express 5.90 Kenya Power & Lighting 6.03 KenGen 6.80 Housing Finance Group 8.48 Umeme 8.70
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 3/20/2008 Posts: 503
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obiero wrote:I have noted correlation between penny stocks and non-performing stocks at the NSE
Mumias Sugar Co. 0.70
Home Afrika 0.90
Eveready East Africa 1.40
Uchumi Supermarket 1.65
Sameer Africa 2.68
Olympia Capital Holdings 3.18
E.A.Cables 3.70
Flame Tree Group Holdings 3.75
Trans-Century Limited 3.95
Longhorn Publishers 4.53
ARM Cement 4.60
CIC Insurance Group 4.70
National Bank of Kenya 5.65
Express 5.90
Kenya Power & Lighting 6.03
KenGen 6.80
Housing Finance Group 8.48
Umeme 8.70 Haha..@Obiero, pliz share your definition of performance. If it is price based, I know blue chips whose share PX oscillates btn plus or minus KES 1 year in year out despite percentage declines or increases in PAT. There's also blue chips whose PAT is positive albeit declining trendwise for the past years.
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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xxxxx wrote:obiero wrote:I have noted correlation between penny stocks and non-performing stocks at the NSE
Mumias Sugar Co. 0.70
Home Afrika 0.90
Eveready East Africa 1.40
Uchumi Supermarket 1.65
Sameer Africa 2.68
Olympia Capital Holdings 3.18
E.A.Cables 3.70
Flame Tree Group Holdings 3.75
Trans-Century Limited 3.95
Longhorn Publishers 4.53
ARM Cement 4.60
CIC Insurance Group 4.70
National Bank of Kenya 5.65
Express 5.90
Kenya Power & Lighting 6.03
KenGen 6.80
Housing Finance Group 8.48
Umeme 8.70 Haha..@Obiero, pliz share your definition of performance. If it is price based, I know blue chips whose share PX oscillates btn plus or minus KES 1 year in year out despite percentage declines or increases in PAT. There's also blue chips whose PAT is positive albeit declining trendwise for the past years. Hi. I refer to the company financial performance of the listed stocks which trade at single digit prices at the NSE. It appears the NSE/market subjects the stocks to sub 10 shillings value immediately trouble arises with the firm's financials.. That is the correlation I refer to.. But your point is noted, such as was the case with Safaricom that traded at KES 2.75 while being highly profitable or the bandia Kurwitu which has an unearthly stock price
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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I can see Deacons is on otonglo territory. Kenya power is sub 6 bob, HFCK @7.50 etc. I can predict interest rate capping will feature in almost all FY 2018 reports and will be milked to deny wanjiku of sweet dividend while CEO's take home hundreds of millions of shillings and yet govt., CMA and NSE wonder why the low uptake by wanjiku Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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VituVingiSana wrote:obiero wrote:Spikes wrote:obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH AS AT 17.08.2018 arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, hf, home afrika, i&m, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, scbk, uchumi, unga, umeme and KQ. KQ is not trading.. It is a hung share So is ARM. Dead. Bamburi following suit.. Yasserbigchair of the exchange bar is never wrong. Trade with caution! https://www.businessdail...36578-b6la4pz/index.html
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH AS AT 30.08.2018 arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, hf, home afrika, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, uchumi, unga, umeme
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH AS AT 30.08.2018 arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, hf, home afrika, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, uchumi, unga, umeme Why Kenol (KK)? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Spikes wrote:obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH AS AT 30.08.2018 arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, hf, home afrika, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, uchumi, unga, umeme Why Kenol (KK)? Because KK is losing sales by not supplying jet fuel to deadbeats...  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: 13,516 Location: nairobi
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VituVingiSana wrote:Spikes wrote:obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH AS AT 30.08.2018 arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, hf, home afrika, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, uchumi, unga, umeme Why Kenol (KK)? Because KK is losing sales by not supplying jet fuel to deadbeats... Has nothing to do with KQ and everything to do with the Total Man. I will explain later
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:VituVingiSana wrote:Spikes wrote:obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH AS AT 30.08.2018 arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, hf, home afrika, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, uchumi, unga, umeme Why Kenol (KK)? Because KK is losing sales by not supplying jet fuel to deadbeats... Has nothing to do with KQ and everything to do with the Total Man. I will explain later Now is the time.  Later doesn't do me much good. ARM comes to mind!  ARM for me is a drop in the ocean vs KK. 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: 13,516 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Spikes wrote:obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH AS AT 30.08.2018 arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, hf, home afrika, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, uchumi, unga, umeme Why Kenol (KK)? Because KK is losing sales by not supplying jet fuel to deadbeats... Has nothing to do with KQ and everything to do with the Total Man. I will explain later Now is the time. Later doesn't do me much good. ARM comes to mind! ARM for me is a drop in the ocean vs KK. There is a reason why I am only holding one share.. Recent results of erstwhile blue chips such as BAMB, EABL, NMG sends a chilling message. You know I have seen some of the best days with select counters at the NSE. For now, I lack trust in the two men. The economy simply isn't doing well and with the huge big 4 expenditures lined up, I have no faith that a rally will be seen at the NSE soon
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Spikes wrote:obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH AS AT 30.08.2018 arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, hf, home afrika, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, uchumi, unga, umeme Why Kenol (KK)? Because KK is losing sales by not supplying jet fuel to deadbeats... Has nothing to do with KQ and everything to do with the Total Man. I will explain later Now is the time. Later doesn't do me much good. ARM comes to mind! ARM for me is a drop in the ocean vs KK. There is a reason why I am only holding one share.. Recent results of erstwhile blue chips such as BAMB, EABL, NMG sends a chilling message. You know I have seen some of the best days with select counters at the NSE. For now, I lack trust in the two men. The economy simply isn't doing well and with the huge big 4 expenditures lined up, I have no faith that a rally will be seen at the NSE soon We like them cheap. Just added some more NMG at 85 today. Using profits from ARM and Equity. Life is short. Live passionately.
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Spikes wrote:obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH AS AT 30.08.2018 arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, hf, home afrika, kapch, keno, kenre, kurwitu, mumias, nbk, olympia, sameer, uchumi, unga, umeme Why Kenol (KK)? Because KK is losing sales by not supplying jet fuel to deadbeats... Has nothing to do with KQ and everything to do with the Total Man. I will explain later Now is the time. Later doesn't do me much good. ARM comes to mind! ARM for me is a drop in the ocean vs KK. There is a reason why I am only holding one share.. Recent results of erstwhile blue chips such as BAMB, EABL, NMG sends a chilling message. You know I have seen some of the best days with select counters at the NSE. For now, I lack trust in the two men. The economy simply isn't doing well and with the huge big 4 expenditures lined up, I have no faith that a rally will be seen at the NSE soon Big four is/was DOA. That said, it is a sad state of affairs. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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lochaz-index wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Spikes wrote:obiero wrote:THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH AS AT 30.08.2018 arm, bamburi, barclays, britam, cables, carbacid, cargeneral, centum, crown, deacons, eabl, eapc, eveready, express, ftg, hf, home afrika, kapch, keno, kenre, kurwitu, mumias, nbk, nic, olympia, sameer, uchumi, unga, umeme Why Kenol (KK)? Because KK is losing sales by not supplying jet fuel to deadbeats... Has nothing to do with KQ and everything to do with the Total Man. I will explain later Now is the time. Later doesn't do me much good. ARM comes to mind! ARM for me is a drop in the ocean vs KK. There is a reason why I am only holding one share.. Recent results of erstwhile blue chips such as BAMB, EABL, NMG sends a chilling message. You know I have seen some of the best days with select counters at the NSE. For now, I lack trust in the two men. The economy simply isn't doing well and with the huge big 4 expenditures lined up, I have no faith that a rally will be seen at the NSE soon Big four is/was DOA. That said, it is a sad state of affairs. Kenol Kobil is toast.. Victim of circumstance
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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THE EXCHANGE BAR BELIEVES THE FOLLOWING STOCKS TO BE ON CLOSE WATCH AS AT 05.09.18 arm, death by debt bamburi, economic downturn barclays, rebirth pangs britam, securities collapse cables, death by debt carbacid, chinese competition cargeneral, economic downturn centum, founding father crown, wild swings deacons, mrp rip eabl, economic downturn eapc, scandalous scandal eveready, death by debt express, sgr takeover ftg, non starter hf, rate cap home afrika, bandia firm kapch, agricultural cartels keno, fuel economy kenre, management wrangler kurwitu, bandia firm mumias, death by debt nbk, rate cap nic, rate cap olympia, bandia firm sameer, bandia firm uchumi, customer abandonment unga, hung share umeme, opacity
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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STOCKS TO SELL by yaserbigchair
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