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EQUITY,JUBILEE,KENOL KOBIL,CENTUM - TIME TO BUY!!!????!!!
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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The Merchant wrote:Now, @guru, do you think the government price controls will affect dear KK? Across most brokers it is recommended as a BUY and there has been no change in this recommendation so far. Lets discuss that. Over to you. Thanks. @the merchant IMHO KK will give good profits this year since these controls were introduced in mid dec... But these price controls now hav me worried about the future... With commodities like oil expected to drive world inflation going forward... These price controls may result in KK making negative margins(losses)... What do you think?? Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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guru267 wrote:The Merchant wrote:Now, @guru, do you think the government price controls will affect dear KK? Across most brokers it is recommended as a BUY and there has been no change in this recommendation so far. Lets discuss that. Over to you. Thanks. @the merchant IMHO KK will give good profits this year since these controls were introduced in mid dec... But these price controls now hav me worried about the future... With commodities like oil expected to drive world inflation going forward... These price controls may result in KK making negative margins(losses)... What do you think?? @Guru didnt the MoE say the prices will be revised every month i.e on the 15th of each month to prevent OMC's posting negative returns...i like KK's move south strategy soon revenues will be negligible...LOL..they're issuing a bond expect more acquisitions next year..
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Rank: Veteran Joined: 6/17/2009 Posts: 1,621
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@the deal,you eventually saw the light?
@guru,six-eight months from now,KK will have given better returns to Jubilee.
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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I am very worried. The new controls are already in effect and will definitely shave something off the already thin margins. Now a stock is valued mostly based on how future prospects look. With KK things are not looking as rosy as they did earlier. KK was always a target for external MNCs but now, not so sure because if you compare the margins in KENYA compared to other countries we are not doing very well. However its still a favourite with foreigners which is a double edged sword because if they get any hint of government interferance they run to the hills. What a stock! Makes for very tiring research! 
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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cnn wrote: @the deal,you eventually saw the light?
@guru,six-eight months from now,KK will have given better returns to Jubilee. @cnn i admit profits and dividends for KK will be great this year.. So the price might act in tandem with this but if G.O.K get the pricing formula wrong then earnings will take a hit... If jubilee manage to pull off a 25+ EPS and a 7bob DPS then it will offer better returns than KK in 2011.... Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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cnn wrote: @the deal,you eventually saw the light?
@guru,six-eight months from now,KK will have given better returns to Jubilee. Ala! What a claim. KK giving better returns than Jubilee? Please elaborate sir!  Kestrel value it at 16.50/-. Maybe thats your valuation also?
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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It seems to me that for financials Jubilee is a BUY, industrials KKis a BUY. Other finacials to look at Equity and Centum @ sub 25 and sub 22 respectively.
Sadly nothing for agriculturals! @guru, any thoughts? Ive read some of your threads on Kakuzi. Do you think the profit takers are done devaluing this stock?
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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There is definitely blood on the streets. Look at that, Jubilee trading at 181! and co-op at 18,90/-. These are the pre - rally prices. KPLC really gave us opportunities here.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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The Merchant wrote:There is definitely blood on the streets. Look at that, Jubilee trading at 181! and co-op at 18,90/-. These are the pre - rally prices. KPLC really gave us opportunities here. The volumes for Jubilee are rather small. Coop seems to have recovered. No need to worry on these securities. Blood is on Access, Cables and MSC
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Rank: User Joined: 6/27/2008 Posts: 709 Location: Velayat-e Faryab
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PKoli wrote:The Merchant wrote:There is definitely blood on the streets. Look at that, Jubilee trading at 181! and co-op at 18,90/-. These are the pre - rally prices. KPLC really gave us opportunities here. The volumes for Jubilee are rather small. Coop seems to have recovered. No need to worry on these securities. Blood is on Access, Cables and MSC @Pkoli I saw blood on NMG and BBK and got myself some. Lets see how far the blood letting will go. Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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@Surealligator
You may find yourself up by 15% before Xmas!
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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But fellows before we get carried away lets remember to buy only into stocks that we firmly believe in. Stocks we can hold forever. Timing the market can be risky.
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Rank: Veteran Joined: 12/9/2010 Posts: 894 Location: Nairobi
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i wouldn't mind holding a company whose fundamentals are strong and the industry of operation is still relevant(not neverready) Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
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Rank: Veteran Joined: 7/24/2008 Posts: 781
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The ideal scenario is for the earnings continue rising and prices dont....valuations start going down..I would definitely like low P/Es in 2012 to minimize the downrisk...imagine stocks crashing from P/Es of 20 to below 10?? The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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Rank: Member Joined: 11/12/2010 Posts: 111 Location: MOMBASA
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Soo many shares to buy....soo little money is left... 
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Rank: New-farer Joined: 1/17/2010 Posts: 8
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Guys I am seriously contemplating Centum but the more I look at their financials the more I get confused.
Looking at their Sep 30, 2010 financials, I think it's currently overvalued because it has an asset base of Ksh10B (Group) and the Market Capitalization as at yesterday Dec 18, 2010 was Kshs13B. Also the NAV as at Sep 30 was 17.43 against the current share price of 22.25. Can someone please give a prediction of where this counter is heading given the above numbers. Thanks
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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tcd wrote:Guys I am seriously contemplating Centum but the more I look at their financials the more I get confused.
Looking at their Sep 30, 2010 financials, I think it's currently overvalued because it has an asset base of Ksh10B (Group) and the Market Capitalization as at yesterday Dec 18, 2010 was Kshs13B. Also the NAV as at Sep 30 was 17.43 against the current share price of 22.25. Can someone please give a prediction of where this counter is heading given the above numbers. Thanks Centum is way undervalued because the sector book value per share is 3.3 and centum is 1.3 .. Plus the C.E.O promised to raise assets to 30billion Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Financials never dissapoint in a growing economy. They are a sure bet to give returns as earnings grow GOD BLESS YOUR LIFE
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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I dont know how this works out but DTB is buying some stake in jubilee financial services...so going forward jubilee seems like a good buy,a very good one. possunt quia posse videntur
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EQUITY,JUBILEE,KENOL KOBIL,CENTUM - TIME TO BUY!!!????!!!
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