Which projects have been done by S&L?

This soko of ours ni ya aina yake pekee.

I've decided, kama hakuna double digit profit growth I'm not buying hata kama the company is still making profits.

Look at financials, growth siku hizi ni 2%, 4%.... (isipokuwa stachart - lakini angalia bei na liquidity yake. Huwezi kutegemea)

When I operate kienyeji, I'm happy with the results.
Nikifikiria sana, napoteza.

Leo nimesukuma Kengen inje mpaka 2012(nanunua na yeye anakopa tu.)x

If there is economic growth then I'm going for profit growth.

@cicero sell KENGEN at a loss, and buy overpriced KQ and SAFCOM? You are investing with your heart, not your mind! KENGEN is investing in wind and geothermal, energy is under invested in kenya, KENGEN is a monopoly utility, trading at near all time lows. In the next 5-10 years shareholders will be laughing all... 5 years is not long. Meanwhile as sweet as saf looks, who knows it might be slaughtered by Yu in 2 years. Thats the nature of technology.

@VVS my friend i wanna place a bet with you because your underestimating this counter... i wouldnt want you to lose out with this.... safcom WILL be at 7bob+ at least by the end of march... nothing less

2012, I was looking at KCB's S&L and HFCK from their p/e and the regional strategy. Previously S&L had a lending capacity of Kshs.250million. Following its amalgamation into KCB it can leverage on KCB's balance of 185billion to lend to a single borrower at 25% of core capital. Look at the deal with the South sudan government to finance 1750 housing units for civil servants. The entire deal is about 35.3 billion(Us $452m) with kshs 3.1 billion being financed this year.So in terms on new projects it has solid edge against HF which has a high p/e and restricted to the kenyan market.
As the MD said in the annual report "KCB Sudan has confounded all by standing out as prime investment for the Group. After only two-and-half years in operation and 3 branches, the business boasts an impressive Kshs 10 billion balance sheet and profit before tax of Kshs. 530 million." Can HF beat that.

@mkono, I was asking about a head to head record/comparison between HF and S&L not KCB S&L vs HF (or is it Equity HF). If you ask me, I'd advice you to get some HF in your portfolio as I believe their new products are very attractive and the pension guaranteed mortgage with British American is without a doubt the way to go.

looks like KPLC is finally coming out of its shell.. its been up this week i hope can get my sell order at 160 to go thru somtime next week

@the deal i totally agree with you on KPLC but lets not forget that it is still a very inefficient firm so it has much room for cost cutting to increase profits...
and the industrial demand for power which was damaged last year is likely to pick up next year which will increase revenue a great deal..

by 2012 this baby will be all grown up..

@guru - U seem so confident on KPLC yet you want to sell out at 160/-?

@thedeal - I am sure you have seen my picks & KPLC is on my list. I got in at 160/- (including 6/- dividend) so I am underwater but I am confident we are looking at 200/- (25%) in 12-18 months.

Please note I will also include any cash I get from selling my Rights.

I agree the restructuring is a millstone around KPLC but folks are under-estimating the value as Kenya develops.

@VVS trust me i'm no where near getting out of KPLC not even if i was high on crack cocaine...
its just theres alot of speculation on this restructuring and i believe thee might be oppurtunity to re enter...
i've got 5500 shares in this counter which i got at 125bob and i'm only selling 600 of them...
why will you be selling your rights???

i hope they would split them 20:1