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CENTUM
edwing
#1 Posted : Tuesday, March 23, 2010 6:54:30 AM
Rank: New-farer

Joined: 1/31/2010
Posts: 23
Location: Nairobi
A definite no sell at this time.
guru267
#2 Posted : Tuesday, March 23, 2010 6:57:12 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
edwing wrote:
A definite no sell at this time.


why???
Mark 12:29
Deuteronomy 4:16
edwing
#3 Posted : Tuesday, March 23, 2010 7:11:10 AM
Rank: New-farer

Joined: 1/31/2010
Posts: 23
Location: Nairobi
The price is under valued considering that all they invested in last year is now performing very well.
drake
#4 Posted : Tuesday, March 23, 2010 7:41:43 AM
Rank: Member

Joined: 8/8/2009
Posts: 170
:D
2012
#5 Posted : Tuesday, March 23, 2010 8:19:38 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
edwing wrote:
The price is under valued considering that all they invested in last year is now performing very well.


I haven't seen the new locomotives yet. Enlighten us @edwing.

BBI will solve it
:)
mv_ufanisi
#6 Posted : Tuesday, March 23, 2010 8:51:18 AM
Rank: Member

Joined: 1/15/2010
Posts: 625
People should sell. If this baby hits 12 bob it will be great. Looking forward to picking up some more shares.
edwing
#7 Posted : Tuesday, March 23, 2010 11:52:46 AM
Rank: New-farer

Joined: 1/31/2010
Posts: 23
Location: Nairobi
People stop hating on this stock Just wait and see.smile
BGL
#8 Posted : Tuesday, March 23, 2010 3:38:23 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
@mv_ufanisi
70% reduction in expected profits was a material announcement made sometimes last year april 02,2009.The main reasons then were (i)Drop in the NSE listed stocks and (ii)impairment of RVR investment.

To post such info is misleading....Besides if such info existed it will be posted on the NSE website. Out of curiosity i called their offices and they do not know the source of that info and it should be disregarded.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
mv_ufanisi
#9 Posted : Tuesday, March 23, 2010 4:30:56 PM
Rank: Member

Joined: 1/15/2010
Posts: 625
@BGL - I've edited my post. I read this on Mars Group Kenya and the date there was wrong. So I take it back. Was definitely for 2009.

On a different note it seems that Centum got out of RVR after Transcentury and Ambience Ventures of Citadel Group have agreed to work together in RVR.

Will that translate into a one off profit for Centum?
ProverB
#10 Posted : Tuesday, March 23, 2010 9:05:49 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
edwing wrote:
The price is under valued considering that all they invested in last year is now performing very well.

@edwing..centum got off Govenment paper in 2007-08 ..just as recession drama started..and they kept off as every one else joined in!!!
As of March 3rd 2009 they had not invested in bills nor bonds...their holdings in KQ were valued at Kshs28.8M..compared to cos of kshs160.9M
BBK...worth kshs 44.7M..cost kshs 87.2 M
Safcom worth 120.2M..cost kshs234.6M
Best bets they had at that time were Carbacid,EABL and KCB...

I put your quote coz they are likely to underperform your projections...might just break even.
But hey, I could be wrong..Drool
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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