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Top performing company 3rd Q
mv ufanisi
#1 Posted : Friday, October 02, 2009 2:16:00 PM
Rank: Member

Joined: 12/13/2006
Posts: 108
Who will be the top performer this just passed quarter? Point out & defend. My guess

1. MSC - riding on the 150% investment write off,good rains in Western Kenya and a massive demand for sugar at higher prices
2. HFCK - there's a lot of construction going on now despite the economic crisis and they've really tried to get to the middle market.
(both of these companies should ride on their momentum from half year results
rusty
#2 Posted : Monday, October 05, 2009 8:49:00 AM
Rank: Member

Joined: 1/7/2009
Posts: 8
hold up blogger,msc 150% write off on investments i dont know how that will add to the bottomline,bcoz what they taught me at strathmore is that any write off on investments or inventory is expensed in the income statement,unless they write is viewed beneficial from the tax point of view where the write off is used as a deffered tax asset.

the best performing coprorate going 3rd quota will cooperative bank given the following:

1) the investment of monies raised in the 2008 ipo being invested to expand their branch network e.g ruiru branch ( w.i.p)

2) the changes in the management team,sources privy to such information can confirm these changes especially in the business development,client services,finance and bancassurance

3) cooperative bank has ventured in the lucrative mortgage sector currently under domination by S&L,with their subsidiary ( not sure on its exact name)

4) coperative acquired a securities firm ( not sure its name),its proving that coop is becaming a one stop shop for one's financial needs at the same time serving a diverse clientele


ruckus,no relations
Seles83
#3 Posted : Monday, October 05, 2009 1:29:00 PM
Rank: Member

Joined: 11/9/2007
Posts: 288
Location: OZ
This is the year of coop,while other banks are posting dismal performance Coop will keep us all surprised...my monies are on Coop and KPLC....by the way guys end year results for KPLC will be great...

In the end....nothing really matters!!
More monies, more problems...
mv ufanisi
#4 Posted : Monday, October 05, 2009 1:47:00 PM
Rank: Member

Joined: 12/13/2006
Posts: 108
Unfortunately KPLC is the kind of company that if it makes huge profits - everyone in public will be complaining so hard! It's tough for a company to be in a situation when the public mood is against you making money.
COOP - was asleep as EQTY ran away with the money. However they have a lot of experience and the slow tortoise might eventually win the race.
Mumias - TARDA is almost operational! I lost money on this counter when I bought it at 60 and had the sense to sell it when it hit 30. I pity those still counting their losses. However now its cheap,It's time for me to make money on this succccccker.
The General
#5 Posted : Thursday, October 08, 2009 8:13:00 AM
Rank: Member

Joined: 6/3/2006
Posts: 553
Advantages of KP & LC's prepaid power meters

The thicker the thigh the sweeter the pie.
The thicker the thigh the sweeter the pie.
Ericks
#6 Posted : Thursday, October 08, 2009 9:33:00 AM
Rank: Member

Joined: 7/29/2008
Posts: 170
@ General

Its time for KPLC staff to start preparing for a major retrenchment,with the new prepaid billing system there wont be need to keep all those meter readers and cashiers


Its just me
whatever choice you make in life make sure that you can live with it.
VituVingiSana
#7 Posted : Wednesday, October 21, 2009 6:40:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
KPLC results delayed again? Does not sound good.

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
McReggae
#8 Posted : Wednesday, October 21, 2009 8:28:00 AM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
The General,the prepaid thing is good but I think KPLC is taking advantage of the consumers through,when they introduced I used to get about 53.9Kwhrs with 500/=,my shock the other day it only gave 27kwhrs!!!!....more than 100% increase in cost!!!!

The chief value of money lies in the fact that one lives in a world in which it is overestimated.
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
Seles83
#9 Posted : Wednesday, October 21, 2009 9:20:00 AM
Rank: Member

Joined: 11/9/2007
Posts: 288
Location: OZ
One thing that guys keep forgetting is that KPLC is profit making institution,not a NGO. It's Government job to give neccesary tax breaks to its citizens

As long as KPLC is sole distribuator electricty in Kenya ...it is a good buy for me....



In the end....nothing really matters!!
More monies, more problems...
Kamaa
#10 Posted : Wednesday, October 21, 2009 9:28:00 AM
Rank: Veteran

Joined: 10/6/2007
Posts: 1,177
Location: Nairobi - Kenya
@ seles83

and the same applies to kengen...?

When you run so fast to get somewhere,you miss the fun of getting there... Life is not a race,so take it slowly....
When you hear what I say, you will not understand. When you see what I do, you will not comprehend
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