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Pan Africa Insurance at sh 19
Rank: Member Joined: 2/18/2011 Posts: 448
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Kausha wrote:Technically nobody stops you from doing, however there are no guarantees that Sanlam would buy. Just bear in mind Sanlam already runs the company and is more clued in than you on the business and they wouldn't pay a premium to you so technically on the negotiating table you will be playing poker with the manufacturer of the cards! True,but in two-three years things might just change and they might want in on a larger piece of the pie. am also using this as an example to other companies eg in KK just as large shareholders were negotiating with Puma perhaps the small shareholders block pulling the same move, uchumi to a foreign supermarket chain or even one of the banks....trying to establish if there are any legal hurdles to such a move and if there exists such a precedent in Africa,perhaps the world...
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Rank: Member Joined: 2/18/2011 Posts: 448
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UPDATE:
Been tracking this stock,last 10 days i have noticed there is a huge pile of shares available from a foreign investor/institution....thats the reason there are huge swings in this counter for example yesterday it touched 58 with a low of 53.50
From the sale i have concluded it must be an entity looking for action on another counter and exiting is not pegged on a specific price,possibly its anything about 50 and so far they have sold/offered for sale approx 70-100k shares(some deals didn't go through)
I tend to believe this supply glut/profit taking is the reason for the share not breeching 60 bob....lets wait for H1 end of Aug and see.
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Rank: Member Joined: 3/26/2012 Posts: 830
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From Ksh 19 to Ksh 81...excluding dividends. I will not be caught asleep in the next bear market which is coming soon...perhaps a year or 1.5 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: 2/26/2012 Posts: 15,980
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simonmaina71@gmail.com wrote:and a dividend yield of 7.50percent...a p/e of 1.60...am a value investor...but i seek ur opinions on whether to buy or let it pass. I sincerely hope you bought  "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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and there was someone claimin 15 is fair value and shall not buy at 19.. sickening COOP, IMH, KEGN, KQ, MTNU
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Rank: Member Joined: 2/18/2011 Posts: 448
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Wait till it reaches 150 in Feb then splits....that 15 bob might just be realized then
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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guru267 wrote:''NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...
Im a buyer at 15 though¡'' verbatim by the ''master'' COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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guru267 wrote:jerry wrote:Mukiri wrote:guru267 wrote:Mukiri wrote:The question now is, after book closure, do I sell? If you really have to sell... Yes!! @Guru.. thanks. It's not that I have to, its 'Where are the maximum profits'. I have made something here, thanks to you... but are there better bargains elsewhere? @Mukiri. I'm sure there are better, in your words, bargains elsewhere and you won't see them until you sell PanAfrica. My advice: SELL. @jerry what are these other bargains?? even after missing out on entry in 2012, a SELL recommendation was made as early as May 2013! Huyu ni gambler extraordinaire. If you no longer doubt that rumor monger, ni maombi tu ndio ntakusaidia nayo.. Do your own research dear brethren and sistren :) COOP, IMH, KEGN, KQ, MTNU
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Rank: Member Joined: 2/18/2011 Posts: 448
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obiero wrote:guru267 wrote:jerry wrote:Mukiri wrote:guru267 wrote:Mukiri wrote:The question now is, after book closure, do I sell? If you really have to sell... Yes!! @Guru.. thanks. It's not that I have to, its 'Where are the maximum profits'. I have made something here, thanks to you... but are there better bargains elsewhere? @Mukiri. I'm sure there are better, in your words, bargains elsewhere and you won't see them until you sell PanAfrica. My advice: SELL. @jerry what are these other bargains?? even after missing out on entry in 2012, a SELL recommendation was made as early as May 2013! Huyu ni gambler extraordinaire. If you no longer doubt that rumor monger, ni maombi tu ndio ntakusaidia nayo.. Do your own research dear brethren and sistren :) 
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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S.Mutaga III wrote:From Ksh 19 to Ksh 81...excluding dividends. I will not be caught asleep in the next bear market which is coming soon...perhaps a year or 1.5 The exchange bar has noted the next bus, all aboard! Thank me later COOP, IMH, KEGN, KQ, MTNU
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