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Centum Marathon
Rank: Elder Joined: 8/16/2011 Posts: 2,297
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It has become a theory that majority companies do announce the intent to use funds to grown or expand business just a few days before release of FY perfomance. Is Centum using the two Rivers project to retain the Dividends and probably issue bonus shares again? Will 2014 be the year of marathon buying and stock rise probably to 70/= as special dividend may be on the offing? The stock has move to 22/= by 2013 and wonder if i failed to buy when it was at 14.
With Mworia coming out and saying the project is on, he must have seen great returns.
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Rank: Member Joined: 12/11/2006 Posts: 884
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when are the results coming out “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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Realtreaty wrote:Will 2014 be the year of marathon buying and stock rise probably to 70/= as special dividend may be on the offing Tricky counter with gains from revaluation of investments. Where is the cash? Real discord, false treaty!
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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@Realtreaty that is what is called wishful thinking.70 bob per share not in the near future.The real estate project was something the company that was too big for centum status;they don't have the cash to fully undertake the project Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 1/15/2010 Posts: 81
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ngapat wrote:when are the results coming out 07:00hrs 5th June 2013 at Serena Hotel.
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Marathon still on, today it has touched 24, meaning that it is on a level ground moving wisely and keeping safe much of its energy for June final stretch.
Centum has the money to enable it bring up the two river projects. What we may not be aware is the project is already 3/4 sold and money is with Centum. First week on June I foresee touchin highs of 28/= and at the end of June 32/= where it used to leverage.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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chikonde wrote:ngapat wrote:when are the results coming out 07:00hrs 5th June 2013 at Serena Hotel. So specific. Insider info available?!! The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Hehehheeee, in real business we take Risks, and is that risk that we extend to bear us profits. Do you remember Centum when it was ICDC hammering 500 /=? The likes of Equity brains, family bank brains, transcentury brains, Britam brains may be using this as a vehicle to mint money. Mworia has the money. Didn't you see how Tatu city fever made some people millions when Eegands was seen as a benefactor?
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Realtreaty wrote:Hehehheeee, in real business we take Risks, and is that risk that we extend to bear us profits. Do you remember Centum when it was ICDC hammering 500 /=? The likes of Equity brains, family bank brains, transcentury brains, Britam brains may be using this as a vehicle to mint money. Mworia has the money. Didn't you see how Tatu city fever made some people millions when Eegands was seen as a benefactor? Do you take into considerations what right issues, splits etc does to a stock? What year was ICDC at 500/-? Mmh...what is this that about Britam and Centum, seems am in the dark please update me? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Hehheeeee  life like that!!!! Centum Investment Company has ventured into fund management business after receiving a licence to open a new asset management subsidiary. Centum Asset Managers Limited (CAM) will start off managing a portfolio of Sh6 billion, the firm said on Monday in a statement 
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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Only 6 months ago, i sold Centum shares @12.70 To invest in Equity @23bob ooh my. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Realtreaty wrote:Hehheeeee life like that!!!! Centum Investment Company has ventured into fund management business after receiving a licence to open a new asset management subsidiary. Centum Asset Managers Limited (CAM) will start off managing a portfolio of Sh6 billion, the firm said on Monday in a statement Preparing for REITS! Life is short. Live passionately.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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BGL wrote:Only 6 months ago, i sold Centum shares @12.70
To invest in Equity @23bob
ooh my. Selling cheap shares to buy cheap shares. You make money for yourself and the broker Life is short. Live passionately.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Realtreaty wrote:Hehheeeee life like that!!!! Centum Investment Company has ventured into fund management business after receiving a licence to open a new asset management subsidiary. Centum Asset Managers Limited (CAM) will start off managing a portfolio of Sh6 billion, the firm said on Monday in a statement >How profitable is Asset Management? Net profit margin figures are welcomed >Centum has been having a portfolio of assets under management. How different is that from what they are now talking about?
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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>What is the progress of the court case regarding its bottling companies which are facing a tax demand of KES 5bn? Note Centum’s carrying value in the four bottlers represents 28% of total assets, 20% of profits and 2% of cash flows for the year to 31st March 2012 which is quite significant. I actually recall Centum saying that this could affect the going concern of the bottling companies
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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mwekez@ji wrote:Realtreaty wrote:Hehheeeee life like that!!!! Centum Investment Company has ventured into fund management business after receiving a licence to open a new asset management subsidiary. Centum Asset Managers Limited (CAM) will start off managing a portfolio of Sh6 billion, the firm said on Monday in a statement >How profitable is Asset Management? Net profit margin figures are welcomed >Centum has been having a portfolio of assets under management. How different is that from what they are now talking about? Asset managers usually charge a fixed management fee of 1% - 2.5% of the total portfolio value... They also charge a performance fee of 10% - 25% of profits earned in a particular preiod. This is depends on the funds perfomance and is usually charged after beating a basic benchmark... Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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guru267 wrote:mwekez@ji wrote:Realtreaty wrote:Hehheeeee life like that!!!! Centum Investment Company has ventured into fund management business after receiving a licence to open a new asset management subsidiary. Centum Asset Managers Limited (CAM) will start off managing a portfolio of Sh6 billion, the firm said on Monday in a statement >How profitable is Asset Management? Net profit margin figures are welcomed >Centum has been having a portfolio of assets under management. How different is that from what they are now talking about? Asset managers usually charge a fixed management fee of 1% - 2.5% of the total portfolio value... They also charge a performance fee of 10% - 25% of profits earned in a particular period. This depends on the funds perfomance and is usually charged after beating a basic benchmark... Tx @Guru for the tidbits on part 1 ....
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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This company issued KES 3B bond recently. Expect interest expense to depress earnings #FYR_Expectations
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Fair value gains on investment property to drive incomes. Am sure they have hired a “suitable” valuer this time round #FYR_Expectations
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Save for the interest expense, expenses will likely be contained #FYR_Expectations
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