Impunity wrote:Which are the best blue chips selling as a discount right now ?
Not many blue chips will emerge blue after the current baptism by fire, even you yourself needs to re-evaluate your perseverence levels before boarding a blue painted box destined for the test.
Let the third quarter data trickle in first, to get a glimpse of the preliminaries.
From a single sided glimpse, kplc will likely loose 10-20% of its gross revenue due to decline in tourism and closure or curtailed hospitality industry alone. addational hit due to closure of manufuring and production sector will be felt strongly. Its obvious also that the rate of occupancy in real estate is dwindling with rousy results expected from that end, save for the reverbration effect which is yet to echoe around the economy. The well being of an utility company can be benchmarked against performance of the economy in general. Expect a further dip in kplc and Kngen.
Ditto to insuarance sector, where claims are ikely to raise in an ailing/ stungling/ hard economy against backdrop in premiums.
Me myself my 10% charitable contribution is zero rated, and only essential bills are passing. Alas, Gatevalves sinafunga polepole kila pande.
But nikipata ngege ama mnofu wa mufuko nono ya bure siachi.
KeNre 1.5/ or there about
BAT 150-210/ or will be considered
EABL 80-110/ i will consider
ditto
safcom 13/-18/
equity 18-22/
NIC 13-18/
KenGen 2.8/
BTAk 4.5/
coop 7.5/
otherwise, every camel with its reider
,Behold, a sower went forth to sow;....