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Kenya top 5 blue chips stocks.
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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Sam_Kibs wrote:guru267 wrote:A bluechip in my opinion with regards to the NSE has the following attributes
1. Market cap > $100million
2. 20years + of operations
3. 5years of consistent profit growth
4. Good dividend payer
5. Liquid shares
This thread is as far as 2012. Currently, which companies can fit the bill? just out of curiosity. i think 1.BAT 2.EABL 3.STANCHART 4.SAFARICOM 6.EQUITY 7.KCB 8.WILLIAMSON 9.BAMBURI 10.JUBILEE How far am i from the truth? Eti Williamson is so blue chip? Far from it! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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Impunity wrote:Sam_Kibs wrote:guru267 wrote:A bluechip in my opinion with regards to the NSE has the following attributes
1. Market cap > $100million
2. 20years + of operations
3. 5years of consistent profit growth
4. Good dividend payer
5. Liquid shares
This thread is as far as 2012. Currently, which companies can fit the bill? just out of curiosity. i think 1.BAT 2.EABL 3.STANCHART 4.SAFARICOM 6.EQUITY 7.KCB 8.WILLIAMSON 9.BAMBURI 10.JUBILEE How far am i from the truth? Eti Williamson is so blue chip? Far from it! Add Equity which is a red chip!!!!!!!!!!!!!
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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Impunity wrote:Sam_Kibs wrote:guru267 wrote:A bluechip in my opinion with regards to the NSE has the following attributes
1. Market cap > $100million
2. 20years + of operations
3. 5years of consistent profit growth
4. Good dividend payer
5. Liquid shares
This thread is as far as 2012. Currently, which companies can fit the bill? just out of curiosity. i think 1.BAT 2.EABL 3.STANCHART 4.SAFARICOM 6.EQUITY 7.KCB 8.WILLIAMSON 9.BAMBURI 10.JUBILEE How far am i from the truth? Eti Williamson is so blue chip? Far from it! Add Equity which is a red chip!!!!!!!!!!!!!
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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guru267 wrote:A bluechip in my opinion with regards to the NSE has the following attributes
1. Market cap > $100million
2. 20years + of operations
3. 5years of consistent profit growth
4. Good dividend payer
5. Liquid shares
20+ yrs of operation is irrelevant. Some firms eg Microsoft became solidly profitable "Blue Chips" before they were 20 years old. Another is Google which will turn 20 in 2016 but has been considered a Blue Chip for many years. Berkshire Hathaway pays no dividends. It is a Blue Chip. It owns significant stakes in Blue Chips too. BAT is definitely a Blue Chip in Kenya. EABL has done well over the decades but it has had challenges since it sold 20% of TBL & bought 20% of KBL. 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: 18,349 Location: Nairobi
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Impunity wrote:Sam_Kibs wrote:guru267 wrote:A bluechip in my opinion with regards to the NSE has the following attributes
1. Market cap > $100million
2. 20years + of operations
3. 5years of consistent profit growth
4. Good dividend payer
5. Liquid shares
This thread is as far as 2012. Currently, which companies can fit the bill? just out of curiosity. i think 1.BAT 2.EABL 3.STANCHART 4.SAFARICOM 6.EQUITY 7.KCB 8.WILLIAMSON 9.BAMBURI 10.JUBILEE How far am i from the truth? Eti Williamson is so blue chip? Far from it! Its earnings are volatile but I am very happy with the management over the past 3 years. It is a core holding of mine so I may be biased. It may not fit @guru's definition. Its shareholders need a stomach of steel as the earnings bob up & down in line with production, tea prices and exchange rates. Currently, all three seem to be in Williamson's favor. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/26/2012 Posts: 830
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-Safaricom -KCB -Equity -EABL -Cooperative Bank A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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Blue chip companies are: - usually large companies, - have existed long enough and hence time-tested, at least 5yrs, - operate in easily understandable areas, - Are not BADLY affected during periods of economic downturns, - They are industry leaders, - They make money for the shareholders. So, from the above, i would say; - Safaricom Limited, - East African Breweries Limited, - Kenya Commercial Bank Group, - Equity Bank, - Bamburi Cement Company, - Kenya Power Company (KPLC), - Kenya Electricity Generating Company (KENGEN) Receive with simplicity everything that happens to you.” ― Rashi
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Rank: New-farer Joined: 7/1/2015 Posts: 67
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dunkang wrote:Blue chip companies are:
- usually large companies,
- have existed long enough and hence time-tested, at least 5yrs,
- operate in easily understandable areas,
- Are not BADLY affected during periods of economic downturns,
- They are industry leaders,
- They make money for the shareholders.
So, from the above, i would say;
- Safaricom Limited,
- East African Breweries Limited,
- Kenya Commercial Bank Group,
- Equity Bank,
- Bamburi Cement Company,
- Kenya Power Company (KPLC),
- Kenya Electricity Generating Company (KENGEN) haiyaaaa. hata Kengen na Kplc? okay. could not have classified them there “It’s no good, it’s no good!” says the buyer—
then goes off and boasts about the purchase-Proverbs 20:14
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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Sam_Kibs wrote:dunkang wrote:Blue chip companies are:
- usually large companies,
- have existed long enough and hence time-tested, at least 5yrs,
- operate in easily understandable areas,
- Are not BADLY affected during periods of economic downturns,
- They are industry leaders,
- They make money for the shareholders.
So, from the above, i would say;
- Safaricom Limited,
- East African Breweries Limited,
- Kenya Commercial Bank Group,
- Equity Bank,
- Bamburi Cement Company,
- Kenya Power Company (KPLC),
- Kenya Electricity Generating Company (KENGEN) haiyaaaa. hata Kengen na Kplc? okay. could not have classified them there For heaven's sake, - they are a MONOPOLY!  - they deal in a "nearly basic" product! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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dunkang wrote:Blue chip companies are:
- usually large companies,
- have existed long enough and hence time-tested, at least 5yrs,
- operate in easily understandable areas,
- Are not BADLY affected during periods of economic downturns,
- They are industry leaders,
- They make money for the shareholders.
So, from the above, i would say;
- Safaricom Limited,
- East African Breweries Limited,
- Kenya Commercial Bank Group,
- Equity Bank,
- Bamburi Cement Company,
- Kenya Power Company (KPLC),
- Kenya Electricity Generating Company (KENGEN) You mean Jubilee Holdings does not fit there? African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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