Wazua
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Which company(s) on the NSE can be held for life
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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You can't ever go wrong with these.. 1. Jubilee 2. KCB 3. Kenol Kobil 4. Bamburi When you're old these companies will definitely be African Giants... Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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If I was to have an option of buy and sleep, I would go for:
1. KCB
2. EABL
3. ARM
4. KPLC
5. NMG
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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Carbacid There will always be a demand for food-grade carbon dioxide from Brewers, bottlers etc etc 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: 1/21/2010 Posts: 6,675 Location: Nairobi
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BGL wrote:Cabarcid
There will always be a demand for food-grade carbon dioxide from Brewers, bottlers etc etc Please expand on the etc etc... Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Thanks wazuans for your wisdom. It looks like the following feature prominently on everyone's list: KCB EABL JUBILEE i wish to differ with individuals saying, this company provides a commodity that will always be needed so it will always prosper. Reason, another company may be the one providing that commodity in future, so if a company can't stand the test of time, whether or not its an essential a commodity it will still fail or not give consistent returns. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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young wrote:The standard benchmark to gauge whether a stock could be held for life is that it should return 10 tens its value (including splits and dividends) cumulatively in 10 years.
Only 4 counters achieved this for the period 2001 - 2011. They are :-
(i) KCB
(ii) EABL
(iii) JUB
(iv) KPLC
Looking forward 2012 - 2022, KCB and EABL still qualify to be relied on. I will add KENOL in the list to make 3 counters. your answer is factual. Very impressive. I'm wondering does 10 tens its value, equal to 100 times its value? Ie 10 times 10. Regards The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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BGL wrote:Cabarcid
There will always be a demand for food-grade carbon dioxide from Brewers, bottlers etc etc Yes Carbacid is good too. Currently suffering from high operating expenses but likely to bounce back in 2012.
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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Aguytrying wrote:young wrote:The standard benchmark to gauge whether a stock could be held for life is that it should return 10 tens its value (including splits and dividends) cumulatively in 10 years.
Only 4 counters achieved this for the period 2001 - 2011. They are :-
(i) KCB
(ii) EABL
(iii) JUB
(iv) KPLC
Looking forward 2012 - 2022, KCB and EABL still qualify to be relied on. I will add KENOL in the list to make 3 counters. your answer is factual. Very impressive. I'm wondering does 10 tens its value, equal to 100 times its value? Ie 10 times 10. Regards I am referring to 10 times its value . That is the stocks returns grows 10 folds in 10 years. Regards The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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stocksmaster wrote:young wrote:The standard benchmark to gauge whether a stock could be held for life is that it should return 10 tens its value (including splits and dividends) cumulatively in 10 years.
Only 4 counters achieved this for the period 2001 - 2011. They are :-
(i) KCB
(ii) EABL
(iii) JUB
(iv) KPLC
Looking forward 2012 - 2022, KCB and EABL still qualify to be relied on. I will add KENOL in the list to make 3 counters. Add to the list: Limuru Tea. Their tea business is doing poorly compared to WTK or Kapchorua but they sit on land whose current market value approximates Ksh 9,000 - 10,000 per share!!! In 10 years time, that share value (x 22 current share price) will have been realised. Happy Hunting @stocksmaster I do not subscribe to your idea on LMT.A one off sales of fixed asset is not an indicator of future growth of a company. Companies are grown by deploying funds to invest and make profit. Funds can be obtained by looking inwards that is ploughing back from fixed assets. I do not equally like WT biz model. Splashing a juicy special dividend from extra ordinary item (sales of fixed asset) is not a sustainable strategy. This thread I believe is about which stocks to pick for long term position not short term bread and butter. Regards The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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I know an old lady who bought 100 BBK shares during IPO in mid-80s. She paid sh1,600 for them.
To day they have "grown" to 28,800 shares worth about 380k. that's an annualised 24% average growth. Excluding dividends (this year alone she'll get over 30k!]. Not bad.
Can we say she has kept them for life even though she is still alive?
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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chiaroscuro wrote:I know an old lady who bought 100 BBK shares during IPO in mid-80s. She paid sh1,600 for them.
To day they have "grown" to 28,800 shares worth about 380k. that's an annualised 24% average growth. Excluding dividends (this year alone she'll get over 30k!]. Not bad.
Can we say she has kept them for life even though she is still alive? BBK was good before but it has recently followed the bread and butter pattern :- Giving special dividends without retaining cash. That is eat now and forget about tomorrow. It means it has lost ideas or growth focus. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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AM SMELLING SOMETHING FISHY! Do you? B.O.C It is! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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young wrote:chiaroscuro wrote:I know an old lady who bought 100 BBK shares during IPO in mid-80s. She paid sh1,600 for them.
To day they have "grown" to 28,800 shares worth about 380k. that's an annualised 24% average growth. Excluding dividends (this year alone she'll get over 30k!]. Not bad.
Can we say she has kept them for life even though she is still alive? BBK was good before but it has recently followed the bread and butter pattern :- Giving special dividends without retaining cash. That is eat now and forget about tomorrow. It means it has lost ideas or growth focus. ...like Williamson?
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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ARM! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: New-farer Joined: 1/28/2014 Posts: 26
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Standard Chartered Bank
East Africa Breweries
KPLC
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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Feb 2012 guru267 wrote:You can't ever go wrong with these..
1. Jubilee
2. KCB
3. Kenol Kobil
4. Bamburi
When you're old these companies will definitely be African Giants... And KK has disappointed us! No longer is it vying to be a regional giant after the debacle in 2012! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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BGL wrote:Carbacid
There will always be a demand for food-grade carbon dioxide from Brewers, bottlers etc etc Since 2012 2h3n @BGL posted the above, Carbacid has jumped through the roof. And then some. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 7/18/2012 Posts: 76
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Rank: Elder Joined: 6/23/2009 Posts: 13,555 Location: nairobi
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none
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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I would have picked EABL a year ago but now i can't. "Diageo attributed the slower growth to introduction of tax on the low- cost Senator Keg and VAT on basic items like electricity, proceeded milk and petroleum setting off a wave of consumer price increases. The sales tax reduced consumption of discretionary items like beer on reduced disposable income" www.businessdailyafrica....90/-/cg73a7/-/index.htmlAdd Alcohol blow If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Which company(s) on the NSE can be held for life
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