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Sasini Tea and Coffee
Rank: Member Joined: 3/26/2012 Posts: 830
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I have been going through some reports about this company,and it appears they have issued profit warnings in the last two successive years. Agribusiness companies have unpredictable earnings,but at the current price of 11.50ksh,is it a buy,hold or a sell??Am not good at crunching numbers. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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S.Mutaga III wrote:I have been going through some reports about this company,and it appears they have issued profit warnings in the last two successive years. Agribusiness companies have unpredictable earnings,but at the current price of 11.50ksh,is it a buy,hold or a sell??Am not good at crunching numbers.
I thought you crunched #s for the Scom to arrive at the conlusion that it(Scom)'s a no-go zone! The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 3/26/2012 Posts: 830
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Yes I did but a second opinion or more is better to justify or prove my findings wrong....in stock analysis,your work alone is not enough A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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S.Mutaga III wrote:Yes I did but a second opinion or more is better to justify or prove my findings wrong....in stock analysis,your work alone is not enough
Well said. @the Deal, @guru267, @hisa, @vvs, @stocksmaster comes to my mind. The opposite of courage is not cowardice, it's conformity.
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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S.Mutaga III wrote:I have been going through some reports about this company,and it appears they have issued profit warnings in the last two successive years. Agribusiness companies have unpredictable earnings,but at the current price of 11.50ksh,is it a buy,hold or a sell??Am not good at crunching numbers.
it depends on why you are buying if you look at the company as whole do you think it is worth the 2.6 billion market value. If you think it's worth more you buy if you think it's worth less you sell or hold. Remember you always buy the underlying assets when you buy a share whether those assets produce a good return depends on many factors especially management
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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jerry wrote:S.Mutaga III wrote:Yes I did but a second opinion or more is better to justify or prove my findings wrong....in stock analysis,your work alone is not enough
Well said. @the Deal, @guru267, @hisa, @vvs, @stocksmaster comes to my mind.
I've never been a fan of Merali firms. He's always cashing out on IPOs. Would you sell your golden cow to the village?$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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hisah wrote:jerry wrote:S.Mutaga III wrote:Yes I did but a second opinion or more is better to justify or prove my findings wrong....in stock analysis,your work alone is not enough
Well said. @the Deal, @guru267, @hisa, @vvs, @stocksmaster comes to my mind.
I've never been a fan of Merali firms. He's always cashing out on IPOs. Would you sell your golden cow to the village?
How true! the problem here is not the company but the MANAGEMENT. Meralli is a corporate mercenary. Look at what he has done to Sameer, Everready, uchumi, Kencell, KDN etc. He always comes out a winner while the others suffer. Life is short. Live passionately.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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"Pressure's coming in on the December/March spread and it's
becoming more difficult for someone to be long coffee," said one
U.S. coffee dealer.
http://af.reuters.com/ar...ws/idAFL6E8LAJW320121010
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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True. The coffee futures pattern is shaping out for shorts. Agri firms with coffee alone will feel the heat.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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