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UNGA anyone?
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VituVingiSana
#521 Posted : Tuesday, September 28, 2010 11:02:06 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Putting my money where my mouth is... Bought more Unga today!

The discount to NAV is too good to resist!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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guru267
#522 Posted : Tuesday, September 28, 2010 11:08:48 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
Putting my money where my mouth is... Bought more Unga today!

The discount to NAV is too good to resist!

I hope you get sow fruits on thursday and not just the seeds
Mark 12:29
Deuteronomy 4:16
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VituVingiSana
#523 Posted : Tuesday, September 28, 2010 11:46:47 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
guru267 wrote:
VituVingiSana wrote:
Putting my money where my mouth is... Bought more Unga today!

The discount to NAV is too good to resist!

I hope you get sow fruits on thursday and not just the seeds
IMHO, I am OK with holding the shares longer as well. Kenyans are becoming urbanised & Unga's brands remain popular in Kenya's cities among the socioeconomic middle-class & upper-class.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Wa_ithaka
#524 Posted : Wednesday, September 29, 2010 1:17:30 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
VVS- the time to have bought Unga was sub-12
The Governor of Nyeri - 2017
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VituVingiSana
#525 Posted : Wednesday, September 29, 2010 1:40:59 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Wa_ithaka wrote:
VVS- the time to have bought Unga was sub-12
Always better to buy them cheaper, no?

Current price is 12.50 but it is 'fake' in that only 200 shares traded. There is a single seller/ask at 14/-...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Magnetic Touch
#526 Posted : Wednesday, September 29, 2010 2:04:36 PM
Rank: Member

Joined: 12/31/2008
Posts: 90
THIS IS A STRANGE COUNTER.
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FundamentAli
#527 Posted : Wednesday, September 29, 2010 2:09:26 PM
Rank: Veteran

Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
A very strange one indeed. Profit hardly get to 1% of turnover yet the business runs itself without loans
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alikujia
#528 Posted : Wednesday, September 29, 2010 2:29:48 PM
Rank: Member

Joined: 5/27/2010
Posts: 324
Location: nrb
FundamentAli wrote:
A very strange one indeed. Profit hardly get to 1% of turnover yet the business runs itself without loans

mmm, is it repatriated somewhere? maybe some firms just find it hard to justify delisting.
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Jamani
#529 Posted : Wednesday, September 29, 2010 2:38:09 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
alikujia wrote:
FundamentAli wrote:
A very strange one indeed. Profit hardly get to 1% of turnover yet the business runs itself without loans

mmm, is it repatriated somewhere? maybe some firms just find it hard to justify delisting.


are you saying iko creative accounting?
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the deal
#530 Posted : Wednesday, September 29, 2010 3:37:15 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Once gain dont invest in a business if u dont know how it operates...
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71 Pages«<5152535455>»
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