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Common denominator...
Gordon Gekko
#51 Posted : Monday, October 19, 2009 1:30:00 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Took my position on Sasini when it's PE was 1.56 - the lowest PE in the market,save for the loss makers. Even at the current price it is still has the lowest PE
FundamentAli
#52 Posted : Monday, October 19, 2009 1:56:00 PM
Rank: Veteran

Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
@ Mukiha,

If KQ lost Shs. 4.50 per share,then it has a negative PE of -5. Surely,I do not believe the idea of PE can be applied to perpetual loss makers.


Baada ya dhiki,faaraja
Kusadikika
#53 Posted : Monday, October 19, 2009 4:50:00 PM
Rank: Elder

Joined: 7/22/2008
Posts: 2,721
GG,Are you not concerned that the bulk of the Sasini's profit came from 'Increased Value of Biological Assets.'?

Weusi wa nywele za mshtakiwa zaonyesha ujinga alio nao
VituVingiSana
#54 Posted : Wednesday, October 21, 2009 6:47:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
@mukiha - Negative PE is way worse than high PE... Based on 2008 results
* KQ (loss) though hoping for a profit in 2009-10
** Olympia (huge loss) though the UNAUDITED 1H 2009-10 was positive
*** Agricultural earnings are super-volatile due to 'Biological Changes' though I think 2009 will be great for tea producers (Sasini,WTK,Kakuzi)

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
ecstacy
#55 Posted : Wednesday, October 21, 2009 6:27:00 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
KQ++
Gordon Gekko
#56 Posted : Thursday, October 22, 2009 8:36:00 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
@kusadikika,got in at ksh 6,target exit ksh 7.2. It is Ksh 6.7 today. Who cares about biological brouhaha?
Pierce
#57 Posted : Thursday, October 22, 2009 8:37:00 AM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
@ Ecstacy,

I feel you!!


Gordon Gekko
#58 Posted : Tuesday, October 27, 2009 10:05:00 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
@kusadikika,Sasini has today hit ksh 7/-,20 cents away from my target price.....I love this game.
cnn
#59 Posted : Tuesday, October 27, 2009 11:01:00 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
@GG
Dont you think its headed higher than 7.20?

see it through my lens?
Gordon Gekko
#60 Posted : Tuesday, October 27, 2009 2:31:00 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
@cnn,probably will. But I remember Antony my broker at the then Shah Munge who told me never to be too greedy. Set a price,when it is reached,lock in your profits.
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