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Unga FY 2015 results profit up 31%
VituVingiSana
#61 Posted : Saturday, February 20, 2016 11:34:19 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Pizza Hut

https://www.facebook.com/PizzaHutKenya/
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Arconnrk
#62 Posted : Sunday, February 21, 2016 12:59:41 AM
Rank: New-farer


Joined: 7/23/2015
Posts: 35
VituVingiSana wrote:


Also, who is the common director(s) between Kenchic and Unga? I saw in 2013 report that this is the reason that Kenchic is a 'related party'

Curious since Unga's major supplier to Kenchic who in turn supply the fastfood chains.
Even the birds can testify...but you forget the chief has his son as the judge and his son-in-law as interpreter- Oumar Ba
VituVingiSana
#63 Posted : Monday, February 22, 2016 12:13:42 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Arconnrk wrote:
VituVingiSana wrote:


Also, who is the common director(s) between Kenchic and Unga? I saw in 2013 report that this is the reason that Kenchic is a 'related party'

Curious since Unga's major supplier to Kenchic who in turn supply the fastfood chains.

Ndegwas - KenChic, 48% Ennsvalley, NIC, ICEA and NAS.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Impunity
#64 Posted : Thursday, March 10, 2016 11:31:11 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Yaani while I was AWOL Unga climbed from 10 bob to 35 bob?
:(
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

mlennyma
#65 Posted : Thursday, March 10, 2016 11:37:30 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Impunity wrote:
Yaani while I was AWOL Unga climbed from 10 bob to 35 bob?
:(

No,while you were "awol" Unga dipped from 50bob to 35
"Don't let the fear of losing be greater than the excitement of winning."
Impunity
#66 Posted : Thursday, March 10, 2016 12:38:01 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
mlennyma wrote:
Impunity wrote:
Yaani while I was AWOL Unga climbed from 10 bob to 35 bob?
:(

No,while you were "awol" Unga dipped from 50bob to 35


No.
I saw it dip from 50 all the way to sub-10, but I missed the latest climb to 35!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

mlennyma
#67 Posted : Thursday, March 10, 2016 12:53:46 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Impunity wrote:
mlennyma wrote:
Impunity wrote:
Yaani while I was AWOL Unga climbed from 10 bob to 35 bob?
:(

No,while you were "awol" Unga dipped from 50bob to 35


No.
I saw it dip from 50 all the way to sub-10, but I missed the latest climb to 35!

the recent unga low was 30.50 i don't know how many years you are backdating
"Don't let the fear of losing be greater than the excitement of winning."
VituVingiSana
#68 Posted : Thursday, March 10, 2016 12:54:47 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Impunity wrote:
mlennyma wrote:
Impunity wrote:
Yaani while I was AWOL Unga climbed from 10 bob to 35 bob?
:(

No,while you were "awol" Unga dipped from 50bob to 35


No.
I saw it dip from 50 all the way to sub-10, but I missed the latest climb to 35!


1H 2015-16 EPS was 2.83 but what I see is continuous growth as Nick integrates Ennsvalley into Unga by introducing new processes & ideas [PaTaMu, Hoshin Kanri and Kaizen] into Ennsvalley.

At the AGM, they said they had big plans for Ennsvalley [whose turnover will remain a fraction of the total turnover] in Kenya. I expect Ennsvalley will be introduced in Uganda in 2016-17 through Nakumatt. [Annual Report says they are looking at it].

They mentioned expansion of storage and a new/expanded wheat mill in Eldore. [In the AR & at the AGM]

If I was to take a straight 2x EPS = 5.65 for the FY. Of course, this may not happen.

A PER of 7x is very attractive in a firm that is growing with relatively low net debt. Ohana should show Hutchinson a few tricks on completely eliminating debt!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Impunity
#69 Posted : Thursday, March 10, 2016 7:05:33 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
mlennyma wrote:
Impunity wrote:
mlennyma wrote:
Impunity wrote:
Yaani while I was AWOL Unga climbed from 10 bob to 35 bob?
:(

No,while you were "awol" Unga dipped from 50bob to 35


No.
I saw it dip from 50 all the way to sub-10, but I missed the latest climb to 35!

the recent unga low was 30.50 i don't know how many years you are backdating


3-4 years!

Ama ninachanganyikiwa na Unga ingine?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

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