Hi all.Mumias is still my favourite stock.Ksh 13.60 was my price Target when they reported Half Year Results and is
an implied PE of 10.00 assuming zero acceleration from the First Half.
DONOT be left out.If they made >500% profit in the last half year of their financial year you can imagine the kind of dividends they are going to pay when they announce ther full year results sometime in September.I believe we are going to see a mad rush for this counter in the comin weeks as we run to their end of year results.


One of my favourite stocks is SASINI TEA AND COFFEE LTD.


As for sasini.I calculated it's target price this way ksh 15.20 (closin price as of 2.5.2010) / [Ksh 1.33 (Earnings per share) x 2 ] = Implied Forward PE is Ksh 5.714

I believe a PE of 10 is an entirely Fair and Justified Objective which
gives a Price of Ksh 26.60


NB : target price = Current stock price *{current p/e /forward p/e}


All this means is that Sasini ltd is currently trading at half its real value !!!!!!!!!!!!!!!!!I believe this stock has allot of energy to double once money.Once investors note this's a lowly valued share be sure to see the share price rally allot.


My advice is that you should buy this share now when its cheap.The company ,Sasini,made a profit of over 100% in the first half of its financial year.


I suggest Sasini shares for anybody who has an investment horizon of one year.DONOT invest in this share and then after a few months start worryin why its not doubling your investment.You have to wait abit longer.



THATS ALL FOLKS,happy investing. And PLEASE consult your broker before you do anything with your money.Atleast i do.

In both cases strip off the biological gains component and see what earnings from operations are,just about half or less of the half year earnings.I give mumias .50 cents dividend at full year.Sasini interim was .20 cents,another .20 at full year.

i don't kno how much impact the anticipation of the impending referendum will have or is having on the stagnation of the likes of mumias share price. anyone...? @vvs, @qw, @guru and others....?

@qw good research on Sasini thats how it should be done...when Mumias dips to 10 bob i will tell u lets BUY BUY BUY...at the current prices sorry bro Mumias is fully priced...i did the numbers on the other thread i wont repeat them here...the heavy rains experienced early this year affected farmers...thats a fact...the KSB recently announced a 2.6% drop in sugar production btwn Jan-Jun....with projects like TARDA Msc is a long long term buy...

Mumias has been going down the last couple of trading days. With their financial year over, we can only sit back and await the results.
guru, ulipotelea wapi?

@ deal
Mumias will not be anywhere near 10 bob this year unless we slaughter each other over the constitution like we did with the elections. Otherwise the low trade volume at the current prices speak for the share.
IMHO better times lie ahead for those who have boarded. I think we should revisit the share performance come release of trading for the year in September.
Got a some reasonable volume. Will be buying some more come early August.
Like qw it still remains my favourite stock - I honestly cant say otherwise when I got in at Kshs. 4.50 and thinking it couldn't get better got out at Kshs. 7.00 only to re-enter at kshs. 10.

NOT WORRIED AT ALL

Mumias has been going down in the past weeks but on very low volumes..... This indicates referendum jitters but the stock has astronomical support at 12bob so i dont see it falling below that level.... I expect a 60 cents dividend but i wouldn't mind 50cents... I still maintain that 16bob is within this stocks potential for 2010

MSC 18??!! hmmm thats gotta be interesting....dude...I highly doubt this..!! Wanna wager?

like kakuzi too but kapchorua is also starting to catch my eye.