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Car & General all the way to 70 bob by 18 Feb.
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the deal
#1 Posted : Monday, January 31, 2011 4:44:21 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
With Books Closing on 18 Feb for the Big bonus, add to its illiquidity who can Argue with this.

NB: I'm a shareholder
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  | | Edit by user: Monday, January 31, 2011 4:45 PM | Reason: Not specified
the deal
#2 Posted : Tuesday, February 01, 2011 4:10:43 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Today it closed at 57 bob sprint like Bolt....Laughing out loudly Laughing out loudly Laughing out loudly
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vestor
#3 Posted : Tuesday, February 01, 2011 7:31:50 PM
Rank: Member

Joined: 11/9/2010
Posts: 132
Its the only counter that seems to excite investors on its announcement albeit low volumes.but what is the likely scenario post 18th feb?
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guru267
#4 Posted : Tuesday, February 01, 2011 7:46:57 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
Today it closed at 57 bob sprint like Bolt....Laughing out loudly Laughing out loudly Laughing out loudly


@the deal you see how right I was about being in C&G and not CMC...

These guys affordable products are the way to go...

The stock is in for a massive rally but its too late to get in now so CONGRATULATIONS man...
Mark 12:29
Deuteronomy 4:16
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underweight
#5 Posted : Tuesday, February 01, 2011 8:35:55 PM
Rank: Member

Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
With EPS of KSh 10.7 which translates to PE of 5.32 and dividend of Ksh 0.80 plus a bonus of 1 share for every two held it couldn't be any beta. What the sector average PE?
"A bad decision made now is beta that a good one made later!!"
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underweight
#6 Posted : Tuesday, February 01, 2011 8:37:28 PM
Rank: Member

Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
With EPS of KSh 10.7 which translates to PE of 5.32 and dividend of Ksh 0.80 plus a bonus of 1 share for every two held it couldn't be any beta. What the sector's average PE?
"A bad decision made now is beta that a good one made later!!"
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the deal
#7 Posted : Tuesday, February 01, 2011 10:16:08 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
guru267 wrote:
the deal wrote:
Today it closed at 57 bob sprint like Bolt....Laughing out loudly Laughing out loudly Laughing out loudly


@the deal you see how right I was about being in C&G and not CMC...

These guys affordable products are the way to go...

The stock is in for a massive rally but its too late to get in now so CONGRATULATIONS man...

Thanx @Guru...when i started buying C&C last year it used to trade 200 shares a day...this das its trading thousands....Laughing out loudly Laughing out loudly Laughing out loudly
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Surealligator
#8 Posted : Wednesday, February 02, 2011 8:54:56 AM
Rank: User

Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
guru267 wrote:
the deal wrote:
Today it closed at 57 bob sprint like Bolt....Laughing out loudly Laughing out loudly Laughing out loudly


@the deal you see how right I was about being in C&G and not CMC...

These guys affordable products are the way to go...

The stock is in for a massive rally but its too late to get in now so CONGRATULATIONS man...


@guru267

Might it be the right time to buy CMC now or we wait a little bit more. Business daily has some positive story on motor industry.

CMC Motors, on Tuesday said it has started selling India’s Eicher brands of buses and light heavy commercial trucks in Kenya after it signed a franchise deal with the Indian car dealer.

It has also acquired the MAN trucks franchise hoping to get a foothold in the lucrative heavy commercial market, a move that is expected to place it in a head-to-head battle with General Motors East Africa, which has successfully gained dominance in this market.

CMC, which saw its profit drop 24.6 per cent last year to Sh406 million, is betting on this market to boost earnings.

“We expect faster growth in sales this year driven by our increased focus in the light commercial trucks and heavy commercial vehicles,” said Martin Foster, the CEO of CMC Motors.

http://www.businessdaily...-/12m6fbez/-/index.html
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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the deal
#9 Posted : Wednesday, February 02, 2011 6:45:52 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
It closed unchanged today...it was hit hard by profit takers who can blame C&C has rallied 25% this year...show me another stock and i will tell you HAPANA!
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VituVingiSana
#10 Posted : Thursday, February 03, 2011 12:00:22 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
@the deal - Are you talking of C&G [Car & General] or CMC [Cooper Motor Corp]?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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