Nokia 3310 is a different scenario

In what way is this company not a Venture capitalist

Mr Realtreaty:

1. I dont know why you love bonuses soo much.....they dont add value its like me giving u 10 5bob coins for your 50/- note.....where is the difference?? Berkshire has neither given a dividend, bonus nor a stock split (with the exception of the B shares which was for a whole different reason)

2. According to the Centum FY 2013 annual report and I quote "Given that the share is trading at a material discount to intrinsic value the Board was of the view that increasing the supply of shares by issuing bonus shares would have the effect of possibly widening that gap. i am confident that we continue to execute on our strategy this gap shall close"

The above was part of the Chairman's statement and the belief that Bonus shares only increase supply and depress prices further


Good Luck Sir.

If it's foreign demand, it may be because of a plug in Value Investor Insight. It's an influential newsletter.

Larry Speidell, who manages a big US-based frontier hedge fund, talked about how Centum is one of his favorite stocks in an interview there last week.

Disclosure: I've got a beneficial interest in Centum shares.

@Hoover which industries/ stocks do you think will beat the market in the next 5 years?

Thanks, LittleDove. Helpful info.

Hey Horton, good to know that there are some other Centum believers. I'm not a fan of all of its ventures (esp Lamu), but they've got some interesting irons in the fire. And it's tough to ignore the big discount to NAV.

Hi Sparkly. Our biggest bets are on KCB, Safaricom, and Centum. Also have exposure to Jubilee, Kenya Re, KenolKobil, and I&M.

Generally, I think the big banks will do well over the next five years. I wish we had jumped in with both feet a few months ago, but I was still a bit skittish about impact of interest caps and South Sudan. Election might provide another nice buying opportunity.

As appetite for risk grows, I expect insurance companies to do well, too.

How about you? Where are you seeing opportunity?

Wow, well-played on KCB. You got the Shs3.00 div plus the capital gain. +37.0% total return over the past few months. Nice.

Would be interested in your Kenya Re thoughts. But maybe we should move that to another thread.

Sorry, Ebenyo! It's nothing personal, I assure you. I often run behind in responding to comments and then they eventually fall off my radar. Feel free to send me a reminder at ryan(at)investinginafrica.net if you haven't gotten a response in a reasonable amount of time.

BTW, I don't understand technical analysis graphs either.

thanks horton,im also in the same boat with you.i take long term positions.
Im in knre so would like to hear what was your take their.Im not in centum because i dont like their attitude towards shareholders.Employees are more important than shareholders their.Would like to add you in facebook.

@mlennyma, is it the whole thread or something specific?