CENTUM Closing trades were at 18.15 on Friday though VWAP 18.80. Aguytrying mentioned 15 bob. What I do know is that even in the low 20s, I viewed this stock as one hell of a bargain. Well, that didn't stop it from getting cheaper
KENGEN At 11.10. Though bids at 11.25 by closing. Probably getting beat down cause of the production levels going down? Could we see below 10.50?
UCHUMI Now at 10.05. Headed for sub 10? Could stay there for a while if it does. I think the euphoria for re-listing is dying down.
CFCIH Still above 10 bob? What can you say? It enjoys much more favorable valuations than the rest of the insurance industry. Why? Sijui
TRANNY At 42.75 now. Fickle volumes being traded. Down 14.5 percent from its introductory price of 50. Only 1 way I see it going. DOWN!
KENOLKOBIL At 11.75 though there is about 1 million shares on offer at 12. Wouldn't bet against it being taken out as other supply has been taken out. Just like Centum, still cheap at current prices. Ex-div, will go down. Though I don't think to the 9-10 levels. Unless U.S defaults. If it does go sub 10, well err.. VVS will throw a bash (I hope I'll be invited. VVS, I drink
SPRITE!
)
EQUITY BANK Will we see it at 27 again this year? Unless they go back to posting 70%+ growth in Q3, times are tough. Quarter on Quarter growth very weak. hisah says we will see it below 20. HFCK, Britak, and Equity are related in ways we all know how. 1 or both might give goodies at end year, if just to boost each other. Simplistic thinking? Well, it's just my thinking. Maybe I'll grab me some towards end year or early next year
KCB A high of 27 seems a long time ago. Results didn't excite the market. Share will probably follow Equity's.
ACCESS KENYA At 6.25. I think the next set of results will decide the fate of this company. If they record another loss and feed us with talk of "1 off expenses, next time will be better..." we could see it at sub 5(read Olympia territory) If anyone is interested in buying (the whole company I mean) it is getting cheaper. Their 'niche' in the corporate sector will become non-existent in 2 years though.
PANAFRICA INSURANCE Even taking into the account the 1:1 bonus, the counter seems to have shed too much at 30.25. Plus, performance won't vary too much this year. They did dispose of their stake in a local insurance. That should provide some income. And I think they still have some unsold real estate. Ama?
KENYA RE At 8.05. Just suffering like others in the 'bear'
KENYA AIRWAYS So frustrating for their shareholders. I don't envy them. This is a quote from one of them "KQ needs to fire ALL the staff. Sell the planes, land & equipment. Settle all loans. Pay the cash out as dividends. Shit the business." At 25 though, I would look up
EVEREADY There are over 10,000 registered Wazuans. What is the market cap of this company? How much will each need to contribute for us to buy? We can then change its name to Wazua Eveready. We could make the best condoms on the continent.
DREAMS MONEY CAN BUYYour thoughts...GOD BLESS YOUR LIFE