wazua Sun, Dec 22, 2024
Welcome Guest Search | Active Topics | Log In | Register

9 Pages«<789
Centum 2019/2020
Options
Previous Topic · Next Topic
VituVingiSana
#161 Posted : Monday, June 14, 2021 6:26:11 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
sparkly wrote:
Kenyan Oracle wrote:
Ericsson wrote:
Top shareholder of Centum Dr Chris Kirubi has passed away.



How will this affect the share?


Panic selling
DJ CK was quite colorful.
In life and in business.
RIP
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
obiero
#162 Posted : Monday, June 14, 2021 9:09:31 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,516
Location: nairobi
VituVingiSana wrote:
sparkly wrote:
Kenyan Oracle wrote:
Ericsson wrote:
Top shareholder of Centum Dr Chris Kirubi has passed away.



How will this affect the share?


Panic selling
DJ CK was quite colorful.
In life and in business.
RIP

I think the CEO knows the DNA of the firm. No need for panic selling here

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Back to top
WWW
 Report Abusive | Report SPAM
VituVingiSana
#163 Posted : Tuesday, June 15, 2021 12:06:27 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
sparkly wrote:
Kenyan Oracle wrote:
Ericsson wrote:
Top shareholder of Centum Dr Chris Kirubi has passed away.



How will this affect the share?


Panic selling
DJ CK was quite colorful.
In life and in business.
RIP

I think the CEO knows the DNA of the firm. No need for panic selling here
Let those who want to panic-sell, sell smile
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
mlennyma
#164 Posted : Tuesday, June 15, 2021 7:50:05 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
sparkly wrote:
Kenyan Oracle wrote:
Ericsson wrote:
Top shareholder of Centum Dr Chris Kirubi has passed away.



How will this affect the share?


Panic selling
DJ CK was quite colorful.
In life and in business.
RIP

I think the CEO knows the DNA of the firm. No need for panic selling here
Let those who want to panic-sell, sell smile


depends on how his heirs handle the stake
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
 Report Abusive | Report SPAM | Edit by user: Tuesday, June 15, 2021 7:52 PM | Reason: Not specified
Ericsson
#165 Posted : Thursday, June 17, 2021 8:50:32 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
obiero wrote:
VituVingiSana wrote:
sparkly wrote:
Kenyan Oracle wrote:
Ericsson wrote:
Top shareholder of Centum Dr Chris Kirubi has passed away.



How will this affect the share?


Panic selling
DJ CK was quite colorful.
In life and in business.
RIP

I think the CEO knows the DNA of the firm. No need for panic selling here


They have delayed in releasing their FY results.
Market perception is when results are delayed,they are bad
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
VituVingiSana
#166 Posted : Thursday, June 17, 2021 9:14:45 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Ericsson wrote:
obiero wrote:
VituVingiSana wrote:
sparkly wrote:
Kenyan Oracle wrote:
Ericsson wrote:
Top shareholder of Centum Dr Chris Kirubi has passed away.



How will this affect the share?


Panic selling
DJ CK was quite colorful.
In life and in business.
RIP

I think the CEO knows the DNA of the firm. No need for panic selling here


They have delayed in releasing their FY results.
Market perception is when results are delayed,they are bad
Crown's results for FY20 > FY19 despite the delay.
Same for Kenya Re after you discount the huge Fair Value Gain in FY19.

Though in general terms I agree with you.

Centum's results have not been delayed since it has until 30th June.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Ericsson
#167 Posted : Friday, June 18, 2021 12:03:06 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
obiero wrote:
VituVingiSana wrote:
sparkly wrote:
Kenyan Oracle wrote:
Ericsson wrote:
Top shareholder of Centum Dr Chris Kirubi has passed away.



How will this affect the share?


Panic selling
DJ CK was quite colorful.
In life and in business.
RIP

I think the CEO knows the DNA of the firm. No need for panic selling here


They have delayed in releasing their FY results.
Market perception is when results are delayed,they are bad
Crown's results for FY20 > FY19 despite the delay.
Same for Kenya Re after you discount the huge Fair Value Gain in FY19.

Though in general terms I agree with you.

Centum's results have not been delayed since it has until 30th June.


Probably they will release next week after burial of Dr Chris Kirubi tomorrow
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
VyaBureSiachi
#168 Posted : Friday, June 25, 2021 11:06:33 AM
Rank: New-farer


Joined: 2/27/2018
Posts: 56
Location: Cambrian Dc
Might these guys be kind and generous enough to offer a special dividend in celebration of the old man's life? I mean, they do have the cash and the old man died waiting for the share to hit 100bob.
If the radiance of a thousand suns were to burst at once into the sky that would be like the splendour of the mighty one.
Back to top
 Report Abusive | Report SPAM
watesh
#169 Posted : Monday, June 28, 2021 5:16:21 PM
Rank: Veteran


Joined: 8/10/2014
Posts: 969
Location: Kenya
VyaBureSiachi wrote:
Might these guys be kind and generous enough to offer a special dividend in celebration of the old man's life? I mean, they do have the cash and the old man died waiting for the share to hit 100bob.


Hoping for such, just like the way Safaricom did for Bob Collymore
Back to top
WWW
 Report Abusive | Report SPAM
VituVingiSana
#170 Posted : Monday, June 28, 2021 9:03:42 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
I am going to move this to a new thread since we are way beyond 2019-2020.

 http://wazua.co.ke/forum...=907085&#post907085

The challenges are different with COVID19 and Centum has had to pivot.

Longhorn has accelerated the move into digital education.
Isuzu seems to have done well but the transport sector has been hit reducing sales of vehicles.
Sidian has had to restructure loans and NPLs have increased in line with the sector.

Real estate has slowed down.

So 2021-2016 might look quite different but Centum has opportunities to pick up some businesses at a lower price.

The drama with Cytonn may push some buyers to look elsewhere and Mzizi becomes attractive vs Alma, etc.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM | Edit by user: Monday, June 28, 2021 9:29 PM | Reason: Not specified
Users browsing this topic
Guest (3)
9 Pages«<789
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 © 2024 Wazua.co.ke. All Rights Reserved.