wazua Sat, Jan 31, 2026
Welcome Guest Search | Active Topics | Log In

Playing the market ..2026
Options
Previous Topic · Next Topic
DtheK
#1 Posted : Tuesday, January 27, 2026 12:54:36 PM
Rank: Member


Joined: 2/15/2010
Posts: 164
Location: Kenya
1. NSE
Why?
A monopoly, no debt, plenty of cash on the balance sheet.
FY 2026 is bound to be a bumper year. Safaricom, EABL, NCBA all have big trades. Revenue could hit a Billion.
Going forward new listings; KPC,Family bank, a few smaller REITS
Also increased pension contributions (most of the contributions will eventually find their way to the NSE).
Valuation
For sure it is currently expensive vs its 2025 business. My time line is about 3 years though. Will gladly add more at lower prices.
What say you Wazuans?
Back to top
 Report Abusive | Report SPAM
obiero
#2 Posted : Tuesday, January 27, 2026 1:07:17 PM
Rank: Elder


Joined: 6/23/2009
Posts: 14,139
Location: nairobi
DtheK wrote:
1. NSE
Why?
A monopoly, no debt, plenty of cash on the balance sheet.
FY 2026 is bound to be a bumper year. Safaricom, EABL, NCBA all have big trades. Revenue could hit a Billion.
Going forward new listings; KPC,Family bank, a few smaller REITS
Also increased pension contributions (most of the contributions will eventually find their way to the NSE).
Valuation
For sure it is currently expensive vs its 2025 business. My time line is about 3 years though. Will gladly add more at lower prices.
What say you Wazuans?

Yes. A good option

KQ ABP 4.26
Back to top
WWW
 Report Abusive | Report SPAM
obiero
#3 Posted : Tuesday, January 27, 2026 7:44:55 PM
Rank: Elder


Joined: 6/23/2009
Posts: 14,139
Location: nairobi
The following are my picks for 2026 (in order of priority)

1. KQ. NBV KES (31.16). (Current Price: Ksh 3.30; Target Price range Ksh 8.52 by Dec 31st 2026); About 150% Upside

Speculative. Primary appreciation factor is the anticipated KES 69B capital injection by a strategic investor. A high risk play, where the share could face a fresh suspension

2. JUB. NBV KES 783 (Current Price: Ksh 345; Target Price range Ksh 420 by Dec 31st 2026); About 21% Upside

Dominance in corporate insurance business. Strong sales in run up to the 2027 general election

3. DTB. NBV KES 310 (Current Price: Ksh 117; Target Price range Ksh 200 by Dec 31st 2026); About 70% Upside, excluding dividend gain

Grossly undervalued tier 1 banking stock.

4. IMH. NBV 60.4 (Current Price: Ksh 44.90; Target Price range Ksh 54 by Dec 31st 2026); About 20% Upside, excluding dividend gain

Emerging giant with steep ROI. Over 20% YoY PBT growth projection in near to mid term

5. TPSEA. NBV KES 60.99 (Current Price: Ksh 15.75; Target Price range Ksh 30 by Dec 31st 2026); About 90% Upside

Recovering tourism industry should restore lost glory.

Thank me later

KQ ABP 4.26
Back to top
WWW
 Report Abusive | Report SPAM | Edit by user: Tuesday, January 27, 2026 7:47 PM | Reason: Not specified
wukan
#4 Posted : Wednesday, January 28, 2026 9:48:06 AM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,637
DtheK wrote:
1. NSE
Why?
A monopoly, no debt, plenty of cash on the balance sheet.
FY 2026 is bound to be a bumper year. Safaricom, EABL, NCBA all have big trades. Revenue could hit a Billion.
Going forward new listings; KPC,Family bank, a few smaller REITS
Also increased pension contributions (most of the contributions will eventually find their way to the NSE).
Valuation
For sure it is currently expensive vs its 2025 business. My time line is about 3 years though. Will gladly add more at lower prices.
What say you Wazuans?


NSE is small for the size of our GDP(12%) so there is still a lot of upside for capital markets.
From the AFRICA CAPITAL MARKETS REPORT 2025 © OECD 2025

1.By the end of 2024, 1 141 companies were listed on African stock exchanges, accounting for only 2.6% of the global total and 5% of all listed companies in emerging markets. Total market capitalisation was USD 561 billion, accounting for an even smaller share of total market capitalisation globally (0.4%) and in EMs (2%)

2. Africa accounts for only 1% of global sovereign bonds, lower than its 3% share of global GDP.
Back to top
 Report Abusive | Report SPAM
mufasa
#5 Posted : Wednesday, January 28, 2026 10:27:24 AM
Rank: Member


Joined: 4/15/2008
Posts: 232
@Wukan Bottom line, you're not bullish on it right now but you see a potential upside in the long-term. A good stock to park your money?

For me, I'd get in at 17 or below but I agree on it being a strong contender for 2026 (With all these IPO's and cross listings being planned, It's worth risk)
Do it today! Tomorrow is promise to no-one.
Back to top
 Report Abusive | Report SPAM
mufasa
#6 Posted : Wednesday, January 28, 2026 10:31:18 AM
Rank: Member


Joined: 4/15/2008
Posts: 232
@Obiero, from your list, I'd pick the last - TPS. @VVS is right though, Kes is a big stretch
Do it today! Tomorrow is promise to no-one.
Back to top
 Report Abusive | Report SPAM
obiero
#7 Posted : Wednesday, January 28, 2026 10:50:38 AM
Rank: Elder


Joined: 6/23/2009
Posts: 14,139
Location: nairobi
mufasa wrote:
@Obiero, from your list, I'd pick the last - TPS. @VVS is right though, Kes is a big stretch

Yes. It is quite a stretch to KES 30 but it has been at that mark prior. Remember AFCON 2027 is coming, plus MICE is picking up in KE, after some peace coming in post GenZ uprising. TPSEA can shoot up

KQ ABP 4.26
Back to top
WWW
 Report Abusive | Report SPAM
obiero
#8 Posted : Wednesday, January 28, 2026 11:33:42 AM
Rank: Elder


Joined: 6/23/2009
Posts: 14,139
Location: nairobi
An update
Tamaa iliuwa fisi. From KES 3.30 base. ROI 98% by tomorrow, within just Jan 2026, it is prudent that you consider offload of some KQ

1. KQ. NBV KES (31.16). (Current Price: Ksh 3.30; Target Price range Ksh 8.52 by Dec 31st 2026); About 150% Upside

Speculative. Primary appreciation factor is the anticipated KES 69B capital injection by a strategic investor. A high risk play, where the share could face a fresh suspension

KQ ABP 4.26
Back to top
WWW
 Report Abusive | Report SPAM | Edit by user: Wednesday, January 28, 2026 11:34 AM | Reason: Not specified
wukan
#9 Posted : Wednesday, January 28, 2026 12:18:44 PM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,637
mufasa wrote:
@Wukan Bottom line, you're not bullish on it right now but you see a potential upside in the long-term. A good stock to park your money?

For me, I'd get in at 17 or below but I agree on it being a strong contender for 2026 (With all these IPO's and cross listings being planned, It's worth risk)


I accumulated it over the last 5 years so it's an anchor in my portfolio. I can't sell it at 20 so I'm still bullish. It is still a calf.

I know the P/E of 45 looks crazy but it's worth the risk. Future looks bright for East Africa
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (3)
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.