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JUBILEE HOLDINGS POSTS 69% RISE IN PROFIT
Rank: Elder Joined: 2/10/2007 Posts: 1,587
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qw25041985 wrote:Bargain hunters will hold the price . In the long run Jubilee has large swings. It could easily move to 140 and then bounce back to 200. Aga khan shares are very illiquid and so often desperate sellers will give them at a throw away price.
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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PKoli wrote:qw25041985 wrote:Bargain hunters will hold the price . In the long run Jubilee has large swings. It could easily move to 140 and then bounce back to 200. Aga khan shares are very illiquid and so often desperate sellers will give them at a throw away price. Aga Khan firms are among the best... well-managed... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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VituVingiSana wrote:PKoli wrote:qw25041985 wrote:Bargain hunters will hold the price . In the long run Jubilee has large swings. It could easily move to 140 and then bounce back to 200. Aga khan shares are very illiquid and so often desperate sellers will give them at a throw away price. Aga Khan firms are among the best... well-managed... I do not dispute the fact that the firms are well managed. Just cautioned that they are illiquid and when one is patient you come make a kill. Look at NMG, Jubilee and DTK, they hardly move significant shares in a given day. Only lately, due to good results have we seen DTK moving huge volumes. This will not last
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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PKoli wrote:VituVingiSana wrote:PKoli wrote:qw25041985 wrote:Bargain hunters will hold the price . In the long run Jubilee has large swings. It could easily move to 140 and then bounce back to 200. Aga khan shares are very illiquid and so often desperate sellers will give them at a throw away price. Aga Khan firms are among the best... well-managed... I do not dispute the fact that the firms are well managed. Just cautioned that they are illiquid and when one is patient you come make a kill. Look at NMG, Jubilee and DTK, they hardly move significant shares in a given day. Only lately, due to good results have we seen DTK moving huge volumes. This will not last I agree... and they have done well for me over the years especially those bought during Rights... I was too young to buy the IPOs (except TPS)... but any shares I bought during the Rights have paid off handsomely... Patience is key... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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i think i should add some TPS to my portifolio...they once talked of Serena Mozambique...
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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the deal wrote:i think i should add some TPS to my portifolio...they once talked of Serena Mozambique... The Deal....here's one for ya, why doncha stock up on jub,which is cheap and get the benefits of TPS by extension? Jub is cheap! TPS is not! hmmmm...I sound like a JUB share salesman LOOL
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Horton wrote:the deal wrote:i think i should add some TPS to my portifolio...they once talked of Serena Mozambique... The Deal....here's one for ya, why doncha stock up on jub,which is cheap and get the benefits of TPS by extension? Jub is cheap! TPS is not! hmmmm...I sound like a JUB share salesman LOOL I thought there is more growth prospects in TPS due to tourism increase. The Rwanda and Uganda acquisitions (I am not sure) will boost their earnings
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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PKoli wrote:Horton wrote:the deal wrote:i think i should add some TPS to my portifolio...they once talked of Serena Mozambique... The Deal....here's one for ya, why doncha stock up on jub,which is cheap and get the benefits of TPS by extension? Jub is cheap! TPS is not! hmmmm...I sound like a JUB share salesman LOOL I thought there is more growth prospects in TPS due to tourism increase. The Rwanda and Uganda acquisitions (I am not sure) will boost their earnings I should have elaborated, I meant Jubilee own 6.5% of TPS on its own. Also from TPS top ten shareholders, there isPDM & IPS, where JUB has substantial shareholding....so i was suggesting buying JUB which are so much cheaper and by extension(or virtue if u will) of JUB owning so many shares of the company...again my views only..could be wrong...
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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BTW, does anyone know when deadline for the banks/insurance companies is for the paid up capital top up? ie the 1BN for banks and 500m for consolidated insurance companies?
Coz (again with my JUB sales pitch, im sorry chaps) Its got paid up of 50Mn * 5Bob=250Mn. Its gotta raise that by another 250Mn. Easiest way for a company with JUBs Bal sheet. Bonus 1:1 and hey presto....
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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PKoli wrote:Horton wrote:the deal wrote:i think i should add some TPS to my portifolio...they once talked of Serena Mozambique... The Deal....here's one for ya, why doncha stock up on jub,which is cheap and get the benefits of TPS by extension? Jub is cheap! TPS is not! hmmmm...I sound like a JUB share salesman LOOL I thought there is more growth prospects in TPS due to tourism increase. The Rwanda and Uganda acquisitions (I am not sure) will boost their earnings Serena should be a fav of fundamentalists. Kenya is a tourism and agricultural country, so you should be invested in either. Life is short. Live passionately.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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guru, what were you worried about? Investors seem to be responding well to the brilliant results. People are getting on board. Don't worry about dividends GOD BLESS YOUR LIFE
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Horton wrote:BTW, does anyone know when deadline for the banks/insurance companies is for the paid up capital top up? ie the 1BN for banks and 500m for consolidated insurance companies?
Coz (again with my JUB sales pitch, im sorry chaps) Its got paid up of 50Mn * 5Bob=250Mn. Its gotta raise that by another 250Mn. Easiest way for a company with JUBs Bal sheet. Bonus 1:1 and hey presto.... It must be close since CiC announced in today's dailies EGM to incease paid up capital.
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Rank: Member Joined: 8/17/2010 Posts: 116
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For Bank Minimum core capital required 700m as on 31.12.2011 & 1000m as on 31.12.2012. Core capital means permenant sharholders equity in the form of issued and fully paid up shares of common stock.
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@kirti. Welcome. Your future depends on your dreams so go to sleep !
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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KIRTI wrote:For Bank Minimum core capital required 700m as on 31.12.2011 & 1000m as on 31.12.2012. Core capital means permenant sharholders equity in the form of issued and fully paid up shares of common stock. Welcome, Kirti. There is talk that minimum core capital for the insurance companies too will go up higher than what had been initially set
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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PKoli wrote:KIRTI wrote:For Bank Minimum core capital required 700m as on 31.12.2011 & 1000m as on 31.12.2012. Core capital means permenant sharholders equity in the form of issued and fully paid up shares of common stock. Welcome, Kirti. There is talk that minimum core capital for the insurance companies too will go up higher than what had been initially set 500mn....for consolidated insurers...cant seem to find the date though
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Horton wrote:PKoli wrote:KIRTI wrote:For Bank Minimum core capital required 700m as on 31.12.2011 & 1000m as on 31.12.2012. Core capital means permenant sharholders equity in the form of issued and fully paid up shares of common stock. Welcome, Kirti. There is talk that minimum core capital for the insurance companies too will go up higher than what had been initially set 500mn....for consolidated insurers...cant seem to find the date though There is talk that it is likely to go up to 1B. So insurance firms will have to merge or be bought
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Ermm...think i was wrong earlier, deadline has already lapsed. http://www.butterfly.co....2/-/iucbp5/-/index.html
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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youcan'tstopusnow wrote:guru, what were you worried about? Investors seem to be responding well to the brilliant results. People are getting on board. Don't worry about dividends I hope it doesn't disappoint... I've placed a huge bet on this counter and up only 18% Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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Jubilee already has 1bn+ as its Shareholder Funds... It's a simple matter to convert Revenue Reserves to 'Ordinary Share Capital' if needed though I see not reason for that... I think folks are reading it wrong... The minimum amount is probably a risk-adjusted Share Capital + Non-distributable Reserves + 'Blocked' Revenue Reserves... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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JUBILEE HOLDINGS POSTS 69% RISE IN PROFIT
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