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NEED YOUR ADVICE I HAVE 1M TO START TRADING IN NSE
peterjohn
#1 Posted : Sunday, September 05, 2010 7:52:24 AM
Rank: Hello


Joined: 9/2/2010
Posts: 6
Location: usa
Guys i have been trading elsewhere internationally but i havent been keen in Kenyan stocks.Now that my citizen status have been reversed.I wonna first start trading investing on money market first as way of coming back home.Guys my only problem is i havent been in nairobi bourse game but im ready to learn,listen as well as willing to risk if i get some good information.Please here are the questions guys as investors of this market.
(a)Which are the stocks that have the quickest growth in this market?
(b)Which are the best stocks in paying good dividends?
(c)Which stocks are the best to invest right now as the market is at the bottom?
(d)What are future of this oil stock company (KenolKobil)(ihave always invested with oil companies and the return is good?)
Please all advices are wellcome .....any new ideas will help regardless the accuracy
"A WISE MAN IS A MASTER OF HIS MIND.. A FOOL IS A SLAVE OF HIS MIND"
sparkly
#2 Posted : Sunday, September 05, 2010 8:24:29 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@pj since you are an experienced trader, my short answers: (a) banks, agriculturals and industrials doing well (b) blue chips are good dividend payers eg eabl, bat, nmg, bbk, scb, total (c) the nse market is not at the bottom in fact its at it highest in last 2 yrs(d) KK has serious problems with the regulatory authorities, IMO the price may take a further beating esp when the results come out. Good for contrarians
Life is short. Live passionately.
guru267
#3 Posted : Sunday, September 05, 2010 10:03:59 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
This is my advice or my 2 cents as some would say..
KCB. trailing P/E 12.21, forward P/E 9.5, dividend yield 5.35% (note financial sector P/E is 16.45 and average dividend yield is 2.8%)

Jubilee. Trailing P/E of 11, forward P/E of 8.5, dividend yield of 2.3% but always coupled with a bonus.

KPLC. After conversion i expect a total of 185million ordinary shares. Hence a trailing P/E of 11.8 and a forward P/E of 8.7, the conversion of the preference shares should lead to a spike in the dividend yield to above 6%.. (Industrial sector P/E is 14.1 and average dividend yield is 3.3%)

Mark 12:29
Deuteronomy 4:16
mwanahisa
#4 Posted : Sunday, September 05, 2010 8:11:27 PM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
@g267. I have KCB at a forward PE of 8.23 based on an EPS of 2.3 which I have worked out on a doubling of their H1 2010 profit and then applying a weighted average of the shares in issue for 2010. Note New shares only started trading on 19th August.

I am betting that KCB's H2 will at least be as good as the first half considering the new money from the rights issue and that they will not want to be seen to be messing up so soon after coming to the market for money.

For KPLC why do you expect the dividend yield to go up to 6% on the higher number of shares? I would actually expect it to go down (even with an increased DPS) as I expect the price to rally once the restructuring issues are over and done with.
slykat
#5 Posted : Sunday, September 05, 2010 8:32:05 PM
Rank: Member


Joined: 2/20/2007
Posts: 359
peterjohn wrote:

(a)Which are the stocks that have the quickest growth in this market?

Equity Bank

(b)Which are the best stocks in paying good dividends?

BAT, EABL, etc, see stock fundamentals elsewhere..Total too *but not this year as preference shares dilute dividends.


(c)Which stocks are the best to invest right now as the market is at the bottom?

KCB

(d)What are future of this oil stock company (KenolKobil)(ihave always invested with oil companies and the return is good?)

[i]Uncertain



the deal
#6 Posted : Sunday, September 05, 2010 10:13:50 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Truth be told advice on Wazua is 100% bias to the stocks one holds in his portifolio...LOL...
guru267
#7 Posted : Sunday, September 05, 2010 10:15:52 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mwanahisa wrote:
@g267. I have KCB at a forward PE of 8.23 based on an EPS of 2.3 which I have worked out on a doubling of their H1 2010 profit and then applying a weighted average of the shares in issue for 2010. Note New shares only started trading on 19th August.

I am betting that KCB's H2 will at least be as good as the first half considering the new money from the rights issue and that they will not want to be seen to be messing up so soon after coming to the market for money.

For KPLC why do you expect the dividend yield to go up to 6% on the higher number of shares? I would actually expect it to go down (even with an increased DPS) as I expect the price to rally once the restructuring issues are over and done with.

@mwanahisa KPLC has to pay 1.1billion in interest per year on the prefs.
I expect them to increase their payout ratio as the conversion is completed and the need for capital expenditure reduces.. But that is at least two years away...

And KCB is looking real good now... The weekly volumes show that profit takers from the rights are being flushed out...
Mark 12:29
Deuteronomy 4:16
guru267
#8 Posted : Sunday, September 05, 2010 10:23:02 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
Truth be told advice on Wazua is 100% bias to the stocks one holds in his portifolio...LOL...

@the deal would you honestly take advice from someone who doesn't practice what he preaches??
Mark 12:29
Deuteronomy 4:16
the deal
#9 Posted : Sunday, September 05, 2010 11:02:28 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
guru267 wrote:
the deal wrote:
Truth be told advice on Wazua is 100% bias to the stocks one holds in his portifolio...LOL...

@the deal would you honestly take advice from someone who doesn't practice what he preaches??

Laughing out loudly Laughing out loudly Laughing out loudly

u didn'nt factor in the factor people do fall in love with stocks...leading to error in judgemnt...have u fallen in love madam...one's partner always look flawless despite the fact that upper hakuna teeth...my 2 Zim cents...
jaggernaut
#10 Posted : Monday, September 06, 2010 12:13:48 AM
Rank: Elder


Joined: 10/9/2008
Posts: 5,389
Let me quickly check how those who have given advice above are doing on the FaNtaSEy game.
qw25041985
#11 Posted : Monday, September 06, 2010 1:01:28 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
Tsk ! Tsk ! Tsk ! Tsk ! Tsk ! . Nobody mentiond Kengen ? And the way the government is pumpin in money in the energy sector. Wait until they do away w/ the sale 2 a strategic investor then the price'll rally 4 sho'
Your future depends on your dreams so go to sleep !
guru267
#12 Posted : Monday, September 06, 2010 2:37:56 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
qw25041985 wrote:
Tsk ! Tsk ! Tsk ! Tsk ! Tsk ! . Nobody mentiond Kengen ? And the way the government is pumpin in money in the energy sector. Wait until they do away w/ the sale 2 a strategic investor then the price'll rally 4 sho'

To me the debt to equity ratio is too high for me to buy... KPLC is looking much better...

I wish i had grabbed kengen at 10bob
Mark 12:29
Deuteronomy 4:16
guru267
#13 Posted : Monday, September 06, 2010 2:39:42 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
jaggernaut wrote:
Let me quickly check how those who have given advice above are doing on the FaNtaSEy game.

@jaggernaut did you find me? Laughing out loudly Laughing out loudly
Mark 12:29
Deuteronomy 4:16
sparkly
#14 Posted : Monday, September 06, 2010 1:08:17 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@guru the fantasy mkt is only a couple of months old.picture may not be clear
Life is short. Live passionately.
guru267
#15 Posted : Monday, September 06, 2010 2:33:17 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
sparkly wrote:
@guru the fantasy mkt is only a couple of months old.picture may not be clear

@sparkly How long do you want before it "shows a clear picture"??
Mark 12:29
Deuteronomy 4:16
Bangkok
#16 Posted : Monday, September 06, 2010 5:57:28 PM
Rank: Member


Joined: 4/6/2007
Posts: 31
Good people of Wazua

What might be the reason of today's shares prices nose dive? Shares prices for Baclays Bank, Coop Bank, Equity, ICDC, KCB, are all heading south. Any reason to panic?
youcan'tstopusnow
#17 Posted : Monday, September 06, 2010 6:16:35 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
I wouldn't call that a nose dive. Just normal market activity. Shouldn't read too much into it. KCB was stable by the way. Equity has hit a barrier at 26. Nobody wants to buy at that price. Don't expect too much movement. Mpaka October as the 3rd quarter results near. That or they make a major announcement like opening in Rwanda or Tanzania.
GOD BLESS YOUR LIFE
guru267
#18 Posted : Monday, September 06, 2010 9:08:08 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Bangkok wrote:
Good people of Wazua

What might be the reason of today's shares prices nose dive? Shares prices for Baclays Bank, Coop Bank, Equity, ICDC, KCB, are all heading south. Any reason to panic?

@bangkok NOSEDIVE??? I'm not sure i know what your talking about because most of the counters you mentioned were perfectly stable during trading....
Mark 12:29
Deuteronomy 4:16
youcan'tstopusnow
#19 Posted : Monday, September 06, 2010 10:19:08 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
NSE investors lose 53 billion in 1 month of tense share trading. www.businessdailyafrica....8/-/qq0d2kz/-/index.html
GOD BLESS YOUR LIFE
youcan'tstopusnow
#20 Posted : Monday, September 06, 2010 10:30:46 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Kenol shares tumble to 3 month low. www.businessdailyafrica....88/-/7oo12h/-/index.html
GOD BLESS YOUR LIFE
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