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Centum half year pre-tax profit up 800 percent

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Surealligator		#1 Posted : Tuesday, November 23, 2010 9:07:28 AM
Rank: User Joined: 6/27/2008 Posts: 709 Location: Velayat-e Faryab		What does the word Centum stand for according to the group (not google). what is the announcement today? Somebody, share the data please. Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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muganda		#2 Posted : Tuesday, November 23, 2010 9:22:29 AM
Rank: Elder Joined: 9/15/2006 Posts: 3,907		Centum half year pre-tax profit up 800 percent Centum remained firmly on a growth path to register a record 867 per cent rise in half year pre -tax profit. Unaudited results for the six month period ending September 30 2010 showed that Centum Investment’s company profit before tax was Kshs. 760 million compared to Kshs. 80 million in the previous period. improvement in investment income from both the Private Equity and Real Estate business lines: Income 969m up from 303m New Investments 2.6b up from 1.2b Diluted EPS 1.4 Read more
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Bugatti		#3 Posted : Tuesday, November 23, 2010 9:30:45 AM
Rank: New-farer Joined: 10/14/2010 Posts: 50 Location: Nairobi Kenya		@Muganda=Have they declared interim dividend?
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Aguytrying		#4 Posted : Tuesday, November 23, 2010 9:36:44 AM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		what does this potend for the share? The investor's chief problem - and even his worst enemy - is likely to be himself
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muganda		#5 Posted : Tuesday, November 23, 2010 9:38:21 AM
Rank: Elder Joined: 9/15/2006 Posts: 3,907		No dividend until 2014. They are doing a Berkshire Hathaway... Half Year 2010-2011 Financial Report
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My 2 cents		#6 Posted : Tuesday, November 23, 2010 9:44:54 AM
Rank: Veteran Joined: 6/2/2010 Posts: 1,090		muganda wrote: No dividend until 2014. They are doing a Berkshire Hathaway... Half Year 2010-2011 Financial Report You are seriously comparing Centum with Berkshire Hathaway. Try a local example......say, National Bank
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muganda		#7 Posted : Tuesday, November 23, 2010 9:48:43 AM
Rank: Elder Joined: 9/15/2006 Posts: 3,907		@My 2 cents, go easy I was only referring to Berkshire Hathaway's belief, being an investment company, that money should always be reinvested to growth net value of asset instead of being paid out as frequently happens in Kenya. On another note page 10, sectoral information, shows rates of return for business lines: quoted equity, private equity, real estate infrastructure...
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ProverB		#8 Posted : Tuesday, November 23, 2010 9:49:07 AM
Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander		My 2 cents wrote: muganda wrote: No dividend until 2014. They are doing a Berkshire Hathaway... Half Year 2010-2011 Financial Report You are seriously comparing Centum with Berkshire Hathaway. Try a local example......say, National Bank ..he is not comparing.. centum seems to emulate berkshire on this particular action..no dividend yet. ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16 - 1769 Oxford King James Bible 'Authorized Version
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mv_ufanisi		#9 Posted : Tuesday, November 23, 2010 9:52:06 AM
Rank: Member Joined: 1/15/2010 Posts: 625		This is interesting, very!
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VituVingiSana		#10 Posted : Tuesday, November 23, 2010 9:56:47 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,350 Location: Nairobi		My 2 cents wrote: muganda wrote: No dividend until 2014. They are doing a Berkshire Hathaway... Half Year 2010-2011 Financial Report You are seriously comparing Centum with Berkshire Hathaway. Try a local example......say, National Bank Ati, chris kirubi is our Warren Buffett??? Puhleeze! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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