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Kenya Stocks Quite Cheap
Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Realtreaty wrote:dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Heheheheheeeeeeeeeeeeeeeeeeeeee, do not use the same word to deny another or to tell another....English-English.....(Value= price, cost, worth, charge, rate, use, merit ,profit etc.) You have the right to find information on my view before assuming that its Juvenile...etc. I think its reason we buy foreign products for our own use than buy locally. Our Market in any terms is very small.Find out how many shares are capitalised in BAT UK first, then we can argue. A better way to look at this things is the P/E. From my simple Googling, i have noted that BAT (UK) trades at a P/E of 15.1164 (ttm) and BAT (K) is trading at 16.32 (ttm), so whatever is it you are saying doesn't HOLD water. On the english language bit, i agree with you that both words may mean the same in plain English definition, but when it comes to "professional" definition, MBOSS, they do not necessarily mean the same! CHILL BWANA, AT LEAST YOU WITNESS A WINTER WORLD CUP!!!!!! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Heheheheheeeeeeeeeeeeeeeeeeeeee, do not use the same word to deny another or to tell another....English-English.....(Value= price, cost, worth, charge, rate, use, merit ,profit etc.) You have the right to find information on my view before assuming that its Juvenile...etc. I think its reason we buy foreign products for our own use than buy locally. Our Market in any terms is very small.Find out how many shares are capitalised in BAT UK first, then we can argue. A better way to look at this things is the P/E. From my simple Googling, i have noted that BAT (UK) trades at a P/E of 15.1164 (ttm) and BAT (K) is trading at 16.32 (ttm), so whatever is it you are saying doesn't HOLD water. On the english language bit, i agree with you that both words may mean the same in plain English definition, but when it comes to "professional" definition, MBOSS, they do not necessarily mean the same! CHILL BWANA, AT LEAST YOU WITNESS A WINTER WORLD CUP!!!!!! Phew!!!!!You are simply saying $2=Kes2!!!!!.That would be a Jua Kali profession!!!. If you re-read my first edit slowly and comprehend it you will UNDERSTAND my simple theory.
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Rank: Elder Joined: 7/22/2009 Posts: 7,460
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It's official!! @Realtreaty will never get the point as simple as it is. It doesn't matter how much simpler you try to make it. Dude doesn't even know what P/E is!! Even the example of splitting the BAT share explained in the simplest possible terms by @Aguytrying is too difficult for him to grasp! Let's just let him be. In the meantime he can be buying all the shares below 50/= starting with paka! There should be a law to protect such fellows' money from them! Eish!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: New-farer Joined: 1/3/2014 Posts: 32
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The 1st paragraph seems to support this theory- Change `cheap' to `undervalued' http://www.standardmedia...k-buoyed-by-foreign-buys
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Realtreaty wrote:dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Heheheheheeeeeeeeeeeeeeeeeeeeee, do not use the same word to deny another or to tell another....English-English.....(Value= price, cost, worth, charge, rate, use, merit ,profit etc.) You have the right to find information on my view before assuming that its Juvenile...etc. I think its reason we buy foreign products for our own use than buy locally. Our Market in any terms is very small.Find out how many shares are capitalised in BAT UK first, then we can argue. A better way to look at this things is the P/E. From my simple Googling, i have noted that BAT (UK) trades at a P/E of 15.1164 (ttm) and BAT (K) is trading at 16.32 (ttm), so whatever is it you are saying doesn't HOLD water. On the english language bit, i agree with you that both words may mean the same in plain English definition, but when it comes to "professional" definition, MBOSS, they do not necessarily mean the same! CHILL BWANA, AT LEAST YOU WITNESS A WINTER WORLD CUP!!!!!! Phew!!!!!You are simply saying $2=Kes2!!!!!.That would be a Jua Kali profession!!!. If you re-read my first edit slowly and comprehend it you will UNDERSTAND my simple theory.  Kijana, P/E is a ratio and does not matter whether its USDollars, ZimDollars etc! I give up on you now, if even the basics are hard to grasp!!!!! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: User Joined: 9/6/2013 Posts: 1,446 Location: In a house
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dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Heheheheheeeeeeeeeeeeeeeeeeeeee, do not use the same word to deny another or to tell another....English-English.....(Value= price, cost, worth, charge, rate, use, merit ,profit etc.) You have the right to find information on my view before assuming that its Juvenile...etc. I think its reason we buy foreign products for our own use than buy locally. Our Market in any terms is very small.Find out how many shares are capitalised in BAT UK first, then we can argue. A better way to look at this things is the P/E. From my simple Googling, i have noted that BAT (UK) trades at a P/E of 15.1164 (ttm) and BAT (K) is trading at 16.32 (ttm), so whatever is it you are saying doesn't HOLD water. On the english language bit, i agree with you that both words may mean the same in plain English definition, but when it comes to "professional" definition, MBOSS, they do not necessarily mean the same! CHILL BWANA, AT LEAST YOU WITNESS A WINTER WORLD CUP!!!!!! Phew!!!!!You are simply saying $2=Kes2!!!!!.That would be a Jua Kali profession!!!. If you re-read my first edit slowly and comprehend it you will UNDERSTAND my simple theory. Kijana, P/E is a ratio and does not matter whether its USDollars, ZimDollars etc! I give up on you now, if even the basics are hard to grasp!!!!! Tell him, P/E is a ratio of two same units making it have no unit since the units cancel out. So if the share price is KSh. 100 and earning/share(another ratio) is KSh. 10, then P/E(Price per earning) is Ksh.100/ KSh.10 = 10. Realtreaty remember back in primary, what happens to the numerator happens to the denominator, yes, that's what happens here. The currency signs cancel out. To the second ratio, earning per share, this one is in unit form(currency). If a company has 100 shares(no unit here) and it has earnings(net income or profits) of Ksh. 10,000(unit here) in a specific financial period then it's earning per share becomes KSh.10,000/100 = KSh. 100. Reference for further learning, THE FINANCIAL EDUCATION THREAD,. I will not give up on you, nitakuelemisha hata kwa kiboko. If our teachers gave up on us back in the day, most of us would not be be where are currently.
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Rank: Member Joined: 11/15/2010 Posts: 454 Location: Nairobi
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And what does 'Market portfolio value after haircut ' means ....He who began a good work in you will carry it on to completion..
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Portfolio after haircut? Its nothing to bother you much. This link will help you better. http://wazua.co.ke/forum.aspx?g=posts&t=11414 Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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urstill1 wrote:dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Heheheheheeeeeeeeeeeeeeeeeeeeee, do not use the same word to deny another or to tell another....English-English.....(Value= price, cost, worth, charge, rate, use, merit ,profit etc.) You have the right to find information on my view before assuming that its Juvenile...etc. I think its reason we buy foreign products for our own use than buy locally. Our Market in any terms is very small.Find out how many shares are capitalised in BAT UK first, then we can argue. A better way to look at this things is the P/E. From my simple Googling, i have noted that BAT (UK) trades at a P/E of 15.1164 (ttm) and BAT (K) is trading at 16.32 (ttm), so whatever is it you are saying doesn't HOLD water. On the english language bit, i agree with you that both words may mean the same in plain English definition, but when it comes to "professional" definition, MBOSS, they do not necessarily mean the same! CHILL BWANA, AT LEAST YOU WITNESS A WINTER WORLD CUP!!!!!! Phew!!!!!You are simply saying $2=Kes2!!!!!.That would be a Jua Kali profession!!!. If you re-read my first edit slowly and comprehend it you will UNDERSTAND my simple theory. Kijana, P/E is a ratio and does not matter whether its USDollars, ZimDollars etc! I give up on you now, if even the basics are hard to grasp!!!!! Tell him, P/E is a ratio of two same units making it have no unit since the units cancel out. So if the share price is KSh. 100 and earning/share(another ratio) is KSh. 10, then P/E(Price per earning) is Ksh.100/ KSh.10 = 10. Realtreaty remember back in primary, what happens to the numerator happens to the denominator, yes, that's what happens here. The currency signs cancel out. To the second ratio, earning per share, this one is in unit form(currency). If a company has 100 shares(no unit here) and it has earnings(net income or profits) of Ksh. 10,000(unit here) in a specific financial period then it's earning per share becomes KSh.10,000/100 = KSh. 100. Reference for further learning, THE FINANCIAL EDUCATION THREAD,. I will not give up on you, nitakuelemisha hata kwa kiboko. If our teachers gave up on us back in the day, most of us would not be be where are currently. Yes, 2 goats divided by two goats = goatless, that what we learnt in pre-unit. Your teacher forgot to tell you the where he got his Ratios from. "A ratio is a relationship between two numbers of the same kind". Catch the words of the "same kind". You just assuming you are clever where you are not buddy. For more of what I know Visit the similar orientation from what appears now in the standard business column.....Reads... KENYA: Nairobi Securities Exchange (NSE) experienced a beehive of activities over the last five days with foreign investors scrambling for a share of the market, which observers opine is highly undervalued. Increased buying of shares by foreign investors saw the NSE 20-Share index cross the 5,000 points psychological mark on Wednesday with analysts projecting the bullish momentum to be sustained in the short-term. “I think the overwhelming interest we are seeing in the market is being driven by positive expectations of the country’s economic performance this year,” said Geoffrey Odundo, Managing Director and Chief Executive of Kingdom securities Ltd, a subsidiary of the Co-operative Bank of Kenya.
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Rank: Elder Joined: 7/22/2009 Posts: 7,460
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Eish! I now agree. Teachers should get a salary hike. Some students might make a teacher consider committing suicide! Imagine 5 such students in your class! And you have to meet them everyday!! Shida tupu!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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@maichblack, just try to move away from your blackness for a few minutes, read my well written edit......where it reads..I quote "any stock under 50 Kes is a gift to buy if the company is making a profit every year for now."
The word I want you guys to latch or catch is where I simply say...If the company is making profit every year!!!!!!!!. Now I know why MJ said Kenyans are quite peculiar...just jumping before one understand disturbs my mind!!
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Fyatu wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. The more reason i'm on a buying overdrive of a certain company listed on the NSE. It is here on wazua that people were shouting from on top of hills that Britank was overpriced at kshs.9 @Fyatu...I think I was the same human who brought about the good tidings of Britam and I was skinned same they are doing here now.....Oh lord forgive them , they did not know what they were to miss when it is now @16 from 7.50.
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Realtreaty wrote:Fyatu wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. The more reason i'm on a buying overdrive of a certain company listed on the NSE. It is here on wazua that people were shouting from on top of hills that Britank was overpriced at kshs.9 @Fyatu...I think I was the same human who brought about the good tidings of Britam and I was skinned same they are doing here now.....Oh lord forgive them , they did not know what they were to miss when it is now @16 from 7.50. Realty..stop lying.it was hisah who gave the up nod for Britam way back at 7.50-8 levels.some of us bought,booked profits and moved on to other counters. #traders
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: User Joined: 9/6/2013 Posts: 1,446 Location: In a house
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Realtreaty wrote:urstill1 wrote:dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Heheheheheeeeeeeeeeeeeeeeeeeeee, do not use the same word to deny another or to tell another....English-English.....(Value= price, cost, worth, charge, rate, use, merit ,profit etc.) You have the right to find information on my view before assuming that its Juvenile...etc. I think its reason we buy foreign products for our own use than buy locally. Our Market in any terms is very small.Find out how many shares are capitalised in BAT UK first, then we can argue. A better way to look at this things is the P/E. From my simple Googling, i have noted that BAT (UK) trades at a P/E of 15.1164 (ttm) and BAT (K) is trading at 16.32 (ttm), so whatever is it you are saying doesn't HOLD water. On the english language bit, i agree with you that both words may mean the same in plain English definition, but when it comes to "professional" definition, MBOSS, they do not necessarily mean the same! CHILL BWANA, AT LEAST YOU WITNESS A WINTER WORLD CUP!!!!!! Phew!!!!!You are simply saying $2=Kes2!!!!!.That would be a Jua Kali profession!!!. If you re-read my first edit slowly and comprehend it you will UNDERSTAND my simple theory. Kijana, P/E is a ratio and does not matter whether its USDollars, ZimDollars etc! I give up on you now, if even the basics are hard to grasp!!!!! Tell him, P/E is a ratio of two same units making it have no unit since the units cancel out. So if the share price is KSh. 100 and earning/share(another ratio) is KSh. 10, then P/E(Price per earning) is Ksh.100/ KSh.10 = 10. Realtreaty remember back in primary, what happens to the numerator happens to the denominator, yes, that's what happens here. The currency signs cancel out. To the second ratio, earning per share, this one is in unit form(currency). If a company has 100 shares(no unit here) and it has earnings(net income or profits) of Ksh. 10,000(unit here) in a specific financial period then it's earning per share becomes KSh.10,000/100 = KSh. 100. Reference for further learning, THE FINANCIAL EDUCATION THREAD,. I will not give up on you, nitakuelemisha hata kwa kiboko. If our teachers gave up on us back in the day, most of us would not be be where are currently. Yes, 2 goats divided by two goats = goatless, that what we learnt in pre-unit. Your teacher forgot to tell you the where he got his Ratios from. "A ratio is a relationship between two numbers of the same kind". Catch the words of the "same kind". You just assuming you are clever where you are not buddy. For more of what I know Visit the similar orientation from what appears now in the standard business column.....Reads... KENYA: Nairobi Securities Exchange (NSE) experienced a beehive of activities over the last five days with foreign investors scrambling for a share of the market, which observers opine is highly undervalued. Increased buying of shares by foreign investors saw the NSE 20-Share index cross the 5,000 points psychological mark on Wednesday with analysts projecting the bullish momentum to be sustained in the short-term. “I think the overwhelming interest we are seeing in the market is being driven by positive expectations of the country’s economic performance this year,” said Geoffrey Odundo, Managing Director and Chief Executive of Kingdom securities Ltd, a subsidiary of the Co-operative Bank of Kenya. Lesson 2: Give credit to your source on your first point. Same kind!! In the first ratio, aren't those numbers same kind? How about the second one? World over company's performance is MAJORLY assessed by earnings per share or P/E and future prospects regardless of the share price. Case in point, P/E of WTK is attractively low but the price has stagnated/oscillated in 200's for the last 3.5 years, do you know why? How about Eveready? The cheapest stock in the market. Why do people shy away, including the foreigners? Very high P/E if not negative. I think my discussion is more on market/companies fundamentals and not the external factors. The external factors some other guys will discuss. As for the Odundo guy, he's a broker, the more you buy the more he gets his cut in form of commissions whether you loose or gain. So he'll do all he can to make you buy, Jordan Belfort did that with penny stocks. Foreigners buy specific counters, look at the CMA quarterly reports for this. If I'm wrong I'm ready to be corrected. Another thing, no need to be sarcastic and show elements of superiority complex. You can correct me without the two. I have not claimed to be clever, I learnt from research, friends and Wazua community. I do not have a financial background. The closest I ever came to acquiring financial knowledge was in the Agriculture subject back in high school and BED in primary. However, I opened my brain to learn and ready teach others. That's why I'm here. Be ready to learn and impart the same to others. If I'm wrong point out.
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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Hehe... just buy the cheap shares and sell when you think they are expensive. All the best!!! 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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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@realtreaty. Eveready at 2.80 is one of the most expensive shares in nse while BAT at 560 is not the most expensive. this is the truth. when you find out why this statement is true, you will understand what everyone here is trying to tell you. all the best The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: New-farer Joined: 11/13/2013 Posts: 10
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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As a btw, there is something peculiar about BAT Zim too. In 2009 it was at USD1.75, on Friday USD12.8. Up 255% YOY. What's up, not very sure... http://www.zimbabwe-stoc....com/listed-company/BAT/
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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urstill1 wrote:Realtreaty wrote:urstill1 wrote:dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Heheheheheeeeeeeeeeeeeeeeeeeeee, do not use the same word to deny another or to tell another....English-English.....(Value= price, cost, worth, charge, rate, use, merit ,profit etc.) You have the right to find information on my view before assuming that its Juvenile...etc. I think its reason we buy foreign products for our own use than buy locally. Our Market in any terms is very small.Find out how many shares are capitalised in BAT UK first, then we can argue. A better way to look at this things is the P/E. From my simple Googling, i have noted that BAT (UK) trades at a P/E of 15.1164 (ttm) and BAT (K) is trading at 16.32 (ttm), so whatever is it you are saying doesn't HOLD water. On the english language bit, i agree with you that both words may mean the same in plain English definition, but when it comes to "professional" definition, MBOSS, they do not necessarily mean the same! CHILL BWANA, AT LEAST YOU WITNESS A WINTER WORLD CUP!!!!!! Phew!!!!!You are simply saying $2=Kes2!!!!!.That would be a Jua Kali profession!!!. If you re-read my first edit slowly and comprehend it you will UNDERSTAND my simple theory. Kijana, P/E is a ratio and does not matter whether its USDollars, ZimDollars etc! I give up on you now, if even the basics are hard to grasp!!!!! Tell him, P/E is a ratio of two same units making it have no unit since the units cancel out. So if the share price is KSh. 100 and earning/share(another ratio) is KSh. 10, then P/E(Price per earning) is Ksh.100/ KSh.10 = 10. Realtreaty remember back in primary, what happens to the numerator happens to the denominator, yes, that's what happens here. The currency signs cancel out. To the second ratio, earning per share, this one is in unit form(currency). If a company has 100 shares(no unit here) and it has earnings(net income or profits) of Ksh. 10,000(unit here) in a specific financial period then it's earning per share becomes KSh.10,000/100 = KSh. 100. Reference for further learning, THE FINANCIAL EDUCATION THREAD,. I will not give up on you, nitakuelemisha hata kwa kiboko. If our teachers gave up on us back in the day, most of us would not be be where are currently. Yes, 2 goats divided by two goats = goatless, that what we learnt in pre-unit. Your teacher forgot to tell you the where he got his Ratios from. "A ratio is a relationship between two numbers of the same kind". Catch the words of the "same kind". You just assuming you are clever where you are not buddy. For more of what I know Visit the similar orientation from what appears now in the standard business column.....Reads... KENYA: Nairobi Securities Exchange (NSE) experienced a beehive of activities over the last five days with foreign investors scrambling for a share of the market, which observers opine is highly undervalued. Increased buying of shares by foreign investors saw the NSE 20-Share index cross the 5,000 points psychological mark on Wednesday with analysts projecting the bullish momentum to be sustained in the short-term. “I think the overwhelming interest we are seeing in the market is being driven by positive expectations of the country’s economic performance this year,” said Geoffrey Odundo, Managing Director and Chief Executive of Kingdom securities Ltd, a subsidiary of the Co-operative Bank of Kenya. Lesson 2: Give credit to your source on your first point. Same kind!! In the first ratio, aren't those numbers same kind? How about the second one? World over company's performance is MAJORLY assessed by earnings per share or P/E and future prospects regardless of the share price. Case in point, P/E of WTK is attractively low but the price has stagnated/oscillated in 200's for the last 3.5 years, do you know why? How about Eveready? The cheapest stock in the market. Why do people shy away, including the foreigners? Very high P/E if not negative. I think my discussion is more on market/companies fundamentals and not the external factors. The external factors some other guys will discuss. As for the Odundo guy, he's a broker, the more you buy the more he gets his cut in form of commissions whether you loose or gain. So he'll do all he can to make you buy, Jordan Belfort did that with penny stocks. Foreigners buy specific counters, look at the CMA quarterly reports for this. If I'm wrong I'm ready to be corrected. Another thing, no need to be sarcastic and show elements of superiority complex. You can correct me without the two. I have not claimed to be clever, I learnt from research, friends and Wazua community. I do not have a financial background. The closest I ever came to acquiring financial knowledge was in the Agriculture subject back in high school and BED in primary. However, I opened my brain to learn and ready teach others. That's why I'm here. Be ready to learn and impart the same to others. If I'm wrong point out.  "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: New-farer Joined: 11/17/2013 Posts: 80 Location: Juja
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[quote=Cde Monomotapa]As a btw, there is something peculiar about BAT Zim too. In 2009 it was at USD1.75, on Friday USD12.8. Up 255% YOY. What's up, not very sure... http://www.zimbabwe-stoc...com/listed-company/BAT/[/quote] I think you can possibly attribute it to the hostility faced by international companies during that period so their shares remained suppressed in the hostile political environment. Looking at their financials, their assets since 2010 have grown from -1,485,000 to 5,687,000 in 2012.Their debt has consistently remained the same but cash in hand has increased hence they have more to invest now imho. They adopted a new currency around the same period and sanctions were setting in around that time I think. On a long enough timeline, the life expectancy of everyone drops to zero.
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