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STOCKS TO SELL by yaserbigchair
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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winmak wrote:VituVingiSana wrote:obiero wrote:Ebenyo wrote:obiero wrote:Ebenyo wrote:There is a sister thread called "stocks to buy".it should be activated to bring balance. @ebenyo Any stock not on this thread should ideally be on the buy list, ama namna gani?? the problem is that our personal tests differ.for example i like carbacid because of 1.current profit margin of 51% 2.Positive cash flow currently at kshs 605,165,000 3.Equity over assets ratio of 92% Surely how can you advise someone to sell such a stock with those dimensions.Instead its a buy and hold for me. Are you aware that the firm was suspended just a few years ago   The shares were suspended from trading coz of the BOC offer to buy Carbacid not coz of any funny business. Shares that should be suspended from trading include all those with NEGATIVE equity and making losses for 5 years. Hehehe VVS can really hit (someone) below the belt... Even you @vvs have negative equity.. It's really not that a big deal, plus we now look forward.. We cannot judge a 41 year old entity by 5 years only..
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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obiero wrote:winmak wrote:VituVingiSana wrote:obiero wrote:Ebenyo wrote:obiero wrote:Ebenyo wrote:There is a sister thread called "stocks to buy".it should be activated to bring balance. @ebenyo Any stock not on this thread should ideally be on the buy list, ama namna gani?? the problem is that our personal tests differ.for example i like carbacid because of 1.current profit margin of 51% 2.Positive cash flow currently at kshs 605,165,000 3.Equity over assets ratio of 92% Surely how can you advise someone to sell such a stock with those dimensions.Instead its a buy and hold for me. Are you aware that the firm was suspended just a few years ago The shares were suspended from trading coz of the BOC offer to buy Carbacid not coz of any funny business. Shares that should be suspended from trading include all those with NEGATIVE equity and making losses for 5 years. Hehehe VVS can really hit (someone) below the belt... Even you @vvs have negative equity.. It's really not that a big deal, plus we now look forward.. We cannot judge a 41 year old entity by 5 years only.. Negative Equity = Bankrupt The only reason KQ hasn't been liquidated is the pressure from GoK on the banks not to do so. A (local bank) banker told me that CBK hasn't forced them to write-off [100% NPLs] the loans to KQ coz of the implicit guarantee of GoK. Under CBK's prudential guidelines, loans to KQ [just as Uchumi] would have been considered "bad debts" since KQ's financial statements were qualified, huge losses for 5 years, negative equity and worsening debt:equity ratios. Anyway, let me stick with my "boring yet profitable" KK, KenRe, DTK and I&M. Even Unga [possible loss for 2016-17] has assets > liabilities despite the drama with the drought, maize shortages and Nakumatt [bad debts]. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 2/7/2016 Posts: 79 Location: Home
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VituVingiSana wrote:obiero wrote:winmak wrote:VituVingiSana wrote:obiero wrote:Ebenyo wrote:obiero wrote:Ebenyo wrote:There is a sister thread called "stocks to buy".it should be activated to bring balance. @ebenyo Any stock not on this thread should ideally be on the buy list, ama namna gani?? the problem is that our personal tests differ.for example i like carbacid because of 1.current profit margin of 51% 2.Positive cash flow currently at kshs 605,165,000 3.Equity over assets ratio of 92% Surely how can you advise someone to sell such a stock with those dimensions.Instead its a buy and hold for me. Are you aware that the firm was suspended just a few years ago The shares were suspended from trading coz of the BOC offer to buy Carbacid not coz of any funny business. Shares that should be suspended from trading include all those with NEGATIVE equity and making losses for 5 years. Hehehe VVS can really hit (someone) below the belt... Even you @vvs have negative equity.. It's really not that a big deal, plus we now look forward.. We cannot judge a 41 year old entity by 5 years only.. Negative Equity = Bankrupt The only reason KQ hasn't been liquidated is the pressure from GoK on the banks not to do so. A (local bank) banker told me that CBK hasn't forced them to write-off [100% NPLs] the loans to KQ coz of the implicit guarantee of GoK. Under CBK's prudential guidelines, loans to KQ [just as Uchumi] would have been considered "bad debts" since KQ's financial statements were qualified, huge losses for 5 years, negative equity and worsening debt:equity ratios. Anyway, let me stick with my "boring yet profitable" KK, KenRe, DTK and I&M. Even Unga [possible loss for 2016-17] has assets > liabilities despite the drama with the drought, maize shortages and Nakumatt [bad debts]. Explain your rationale for i&m???
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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stocks to trade with eyes wide open 05.08.17: barclays, britam, cables, carbacid, cargeneral, centum, deacons, eabl, eapc, eveready, express, home afrika, hfck, i&m, kapch, keno, kenre, kurwitu, kq, mumias, nbk, nic, olympia, sameer, scbk, tpsea,transcentury, uchumi, unga, umeme
KQ ABP 4.26
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:stocks to trade with eyes wide open 05.08.17: barclays, britam, cables, carbacid, cargeneral, centum, deacons, eabl, eapc, eveready, express, home afrika, hfck, i&m, kapch, keno, kenre, kurwitu, kq, mumias, nbk, nic, olympia, sameer, scbk, tpsea,transcentury, uchumi, unga, umeme
@obiero Why kenol (KK)? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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Spikes wrote:obiero wrote:stocks to trade with eyes wide open 05.08.17: barclays, britam, cables, carbacid, cargeneral, centum, deacons, eabl, eapc, eveready, express, home afrika, hfck, i&m, kapch, keno, kenre, kurwitu, kq, mumias, nbk, nic, olympia, sameer, scbk, tpsea,transcentury, uchumi, unga, umeme
@obiero Why kenol (KK)? @spikes volatility in trades in the recent few months with large peaks and troughs. Unless one has inside knowledge, one may be left swimming naked
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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obiero wrote:Spikes wrote:obiero wrote:stocks to trade with eyes wide open 05.08.17: barclays, britam, cables, carbacid, cargeneral, centum, deacons, eabl, eapc, eveready, express, home afrika, hfck, i&m, kapch, keno, kenre, kurwitu, kq, mumias, nbk, nic, olympia, sameer, scbk, tpsea,transcentury, uchumi, unga, umeme
@obiero Why kenol (KK)? @spikes volatility in trades in the recent few months with large peaks and troughs. Unless one has inside knowledge, one may be left swimming naked Deacons down http://www.businessdaily...76716-ioe1esz/index.html
KQ ABP 4.26
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Rank: Member Joined: 3/20/2008 Posts: 503
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obiero wrote:stocks to trade with eyes wide open 05.08.17: barclays, britam, cables, carbacid, cargeneral, centum, deacons, eabl, eapc, eveready, express, home afrika, hfck, i&m, kapch, keno, kenre, kurwitu, kq, mumias, nbk, nic, olympia, sameer, scbk, tpsea,transcentury, uchumi, unga, umeme
You should include ARMCEMENT in this list.
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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xxxxx wrote:obiero wrote:stocks to trade with eyes wide open 05.08.17: barclays, britam, cables, carbacid, cargeneral, centum, deacons, eabl, eapc, eveready, express, home afrika, hfck, i&m, kapch, keno, kenre, kurwitu, kq, mumias, nbk, nic, olympia, sameer, scbk, tpsea,transcentury, uchumi, unga, umeme
You should include ARMCEMENT in this list. Not everything goes@xyz, Y arm?  ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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NIC bank imefika 40 per share Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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STOCKS TO SELL by yaserbigchair
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