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A bus is about to take off at super sonic speed...board before its too Late.... FIRE
underweight
#1 Posted : Wednesday, June 17, 2009 12:57:00 PM
Rank: Member


Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
For the last two weeks Sameer Africa has been trading in relatively large Volumes although at a depressed price. Considering the Acquisition of KDN (Kenya Data Network) it recently undertook and its aggressive Marketing of digital village coupled with the construction of Sameer business park am foreseeing that this docile bus is just about to take off considering its trading a Kshs 5.00 which is same as its per value. Whats your take on this??....

A fool and his money are soon a big party
"A bad decision made now is beta that a good one made later!!"
masaibu
#2 Posted : Wednesday, June 17, 2009 1:10:00 PM
Rank: Member


Joined: 11/19/2008
Posts: 14
i beg to differ underweight i stand to be corrected,KDN was offloaded to some south african outfit last year and sameer holds less than 20%.

As for sameer its financial results so far speak for themselves.

this counter is going nowhere in the near future

dgshfngmh
Seles83
#3 Posted : Wednesday, June 17, 2009 1:37:00 PM
Rank: Member


Joined: 11/9/2007
Posts: 288
Location: OZ
now that is person with solid info...thanks masaibu

Failure inspires winners...winners are made not born
More monies, more problems...
eli
#4 Posted : Wednesday, June 17, 2009 4:14:00 PM
Rank: Member


Joined: 6/17/2008
Posts: 294
Underweight is correct. Sameer is going places! Just watch and see for yourselves this stock jump from 5bob to 6bob or even 7 bob in a months time! Come back 2 months down the line and tel me I was wrong!

But you shall remember the LORD your God,for it is He who is giving you power to make wealth,that He may confirm His covenant which He swore to your fathers,as it is this day. Deu 8:18
Seles83
#5 Posted : Wednesday, June 17, 2009 4:38:00 PM
Rank: Member


Joined: 11/9/2007
Posts: 288
Location: OZ
Because of market correction yes...but not about KDN deal....

Failure inspires winners...winners are made not born
More monies, more problems...
kishindo
#6 Posted : Thursday, June 18, 2009 7:01:00 AM
Rank: Member


Joined: 1/11/2008
Posts: 121
ride the tide while people are still analyzing...but strictly short term for me though.

less is more for Architects only!!
Less is more....for Architects only!!
virji1988
#7 Posted : Thursday, June 18, 2009 8:00:00 AM
Rank: Member


Joined: 12/7/2006
Posts: 48
WHY IS THERE A SUDDEN RISE IN ALL THE SHARES???????????
ecstacy
#8 Posted : Thursday, June 18, 2009 8:12:00 AM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
virji! umezoea watu sasa,where have you been?
VituVingiSana
#9 Posted : Thursday, June 18, 2009 8:42:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,098
Location: Nairobi
Sameer Africa (tyres) does NOT own any part of KDN.

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
Viny
#10 Posted : Thursday, June 18, 2009 8:59:00 AM
Rank: Member


Joined: 4/28/2008
Posts: 11
Many people who are investors/speculators who are holding in shares dont know what they hold but as a piece of advise i want to disclose to them that the wild swings in the market tend to happen with the simple rule of the market - The Relaxation Rule .

On any single day this limit is open for any price increase/decrease thus resulting in price going off the roof or biting the dust .

Many counters on nse which are trading at high discount to thier book value or net asset value tend to go off the roof when some gud news comes to market since they hold strong fundamental .

In the past i have given few names of the counters so take your time to go thro them & buy .

About living /leaving in the bus is like good buy or good bye - We make our choices to design our future .

Good Investing .




Vinny
Soko tele
#11 Posted : Thursday, June 18, 2009 9:12:00 AM
Rank: Member


Joined: 8/19/2008
Posts: 60
@virji,

June is a reporting month for most financial institutions and thus every fund manager,treasurer or investment officers want to make make their reports look healthy........................



If l cannot make the money why should l loose it
virji1988
#12 Posted : Thursday, June 18, 2009 2:13:00 PM
Rank: Member


Joined: 12/7/2006
Posts: 48
@estacy,,i have away for a while,iam now studying in USA - Florida!
Djinn
#13 Posted : Friday, June 19, 2009 5:52:00 AM
Rank: Elder


Joined: 11/13/2008
Posts: 1,565
KDN was sold off to Altech of South Africa along with Infocom (Uganda) and Swift (Tz).

The problem with equality is that we desire that it be with those that have more than us rather that those that have less
Djinn
#14 Posted : Friday, June 19, 2009 6:00:00 AM
Rank: Elder


Joined: 11/13/2008
Posts: 1,565
and if I was to draw inferences,I'd really look into the periphery at the overall Sameer Group - word out there is that Zain (in which it is a shareholder),is about to change hands. Recall when Vivendi was opting out of Kencell,Merali bought Vivendi's shares and then sold them for a tidy sum to MSI (later known as Celtel).

The problem with equality is that we desire that it be with those that have more than us rather that those that have less
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