Gatheuzi wrote:Buy Scangroup at below 46 sell at 57 after results.
NIC are of similar opinion. Courtesy of @pesanane read the full script below;
Pesa Nane wrote:January 2015 stock picks - Source: NIC
SCANGROUP BUY at TP 59.05 Current Price KES 45.00
♦ Currently receiving more support from parent company WPP after the latter’s increased stake saw Scangroup upgrade to a subsidiary (previously an associate).
♦ M&A activity to drive performance. Scangroup expects to increase its geographical presence and product offering across SSA through mergers and acquisitions.
♦ Acquisition of Experiential Marketing of South Africa to boost 2H14 performance. Scangroup acquired 80.04% of the marketing firm whose revenues stood at KES 1.6bn in FY13.
♦ Scangroup plans to boost revenue from digital advertising leveraging off WPP Digital, the digital arm of WPP
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.