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STOCKS TO WATCH IN 2010
2012
#31 Posted : Monday, January 11, 2010 7:21:17 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Btwn now and April I'm concentrating on NIC, NBK, Cables, Centum, Kenya Re and Sameer. All the best with Mumias, I ain't touching it. Let's compare notes in 2011.

BBI will solve it
:)
mufasa
#32 Posted : Monday, January 11, 2010 8:17:27 AM
Rank: Member

Joined: 4/15/2008
Posts: 238
Take a minute and examine the performance of certain stocks before the Global financial meltdown and you will realise one thing - Most of the stocks are trying to rally themselves up to a time just before the crisis e.g. KQ. This trend is not just in Kenya but even globally. My logic is thus to look for stocks which were good performers before the meltdown and have now gone down by more than half the price. e.g. sasini kengen and centum. These will be the best buys for 2010.
Do it today! Tomorrow is promise to no-one.
chaliwong
#33 Posted : Monday, January 11, 2010 9:27:51 PM
Rank: New-farer

Joined: 1/10/2010
Posts: 73
Location: kenya
smile Just joined the club but I believe Mumias Sugar and Safcom will be the shares to watch this year. Mumias mostly not because of the diversification into other products but the favourable climaic conditions.Regardless of the amount of rainfall, there is no flooding in areas where mumias sugar obtains it's cane so we expect good havest hence better profits this financial year.
As for Safcom,the forein demand could push the price slightly upwards till mid year.
chaliwong
#34 Posted : Monday, January 11, 2010 9:29:34 PM
Rank: New-farer

Joined: 1/10/2010
Posts: 73
Location: kenya
smile Just joined the club but I believe Mumias Sugar and Safcom will be the shares to watch this year. Mumias mostly not because of the diversification into other products but the favourable climatic conditions.Regardless of the amount of rainfall, there is no flooding in areas where mumias sugar obtains it's cane so we expect good havest hence better profits this financial year.
As for Safcom,the foreign demand could push the price slightly upwards till mid year.
sheep
#35 Posted : Tuesday, January 12, 2010 5:52:57 AM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
Definitely KQ,and Mumias for speculative indulgence.

I hear NSSF is bracing for a big comeback in the NSE so its prudent to have big cap blue chip stocks in your portfolio coz its obvious which stocks institutional investors pick regardless of valuations.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
QD
#36 Posted : Tuesday, January 12, 2010 9:23:54 AM
Rank: Member

Joined: 8/5/2009
Posts: 597
@Chaliwong better analyse a stock using fundamentals and not emotions yes the rains favor sugarcane growing as well as other agricultural stocks then sasini, kakuzi, williamson tea are better watched. though by including fundamentals mumias is better due to diversification, lack of stiff local competition as well safcom diversification within the technology field-data, voice, e-money transfers
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
cnn
#37 Posted : Tuesday, January 12, 2010 11:17:02 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
CMC
Pre-tax down 39%,EPS 0.93,Dividend 35 cents.Take your position.
akowally
#38 Posted : Tuesday, January 12, 2010 11:26:13 AM
Rank: Veteran

Joined: 5/20/2008
Posts: 1,126
Location: Nairobi
What do guys think of ARM? According to my watch list of 2008, it has withstood the test of time and even gained more despite the recession and stuff...
JOIN MY FREE MINI-COURSE FOR WRITERS. CLICK HERE
Githinji
#39 Posted : Wednesday, January 13, 2010 9:45:34 AM
Rank: New-farer

Joined: 1/5/2010
Posts: 7
Location: nairobi

@CNN

What exactly are u saying about CMC??
Wondergirl
#40 Posted : Wednesday, January 13, 2010 10:45:34 AM
Rank: Member

Joined: 9/12/2009
Posts: 312
Well ,They had issued a profit warning. If what Cnn is saying is true, no wonder the price has fallen quite a bit today. How ever I still think there is hope for it.
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