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Centum HY 2016 profit up 55% comprehensive income down 76%
Rank: Elder Joined: 7/11/2010 Posts: 5,040
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sparkly wrote:target1360 wrote:sparkly wrote:target1360 wrote:if you dont trust management then dont bother buying a company's stock. The Centum dilemma... You know the DJ is a jangili ... but you also know that he gets a good return for his shareholders... as long as interests are aligned. @target1360 what stocks are you invested in? b.a.t,e.a.b.l, nic,unga,kcb,safcom, and my achilles heel is kenre! i also hold cfc stanbic since since it is my banker for stocks and transactions/savings Bear proof portfolio, good one. It is my first filter for stocks, management. If I don't trust I don't even evalua the stock. Interesting, the only share I don't want to buy/ have from that list is kenre and maybe Unga( not coz of management issues on Unga) The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 5/14/2014 Posts: 289 Location: nairobi
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Aguytrying wrote:sparkly wrote:target1360 wrote:sparkly wrote:target1360 wrote:if you dont trust management then dont bother buying a company's stock. The Centum dilemma... You know the DJ is a jangili ... but you also know that he gets a good return for his shareholders... as long as interests are aligned. @target1360 what stocks are you invested in? b.a.t,e.a.b.l, nic,unga,kcb,safcom, and my achilles heel is kenre! i also hold cfc stanbic since since it is my banker for stocks and transactions/savings Bear proof portfolio, good one. It is my first filter for stocks, management. If I don't trust I don't even evalua the stock. Interesting, the only share I don't want to buy/ have from that list is kenre and maybe Unga( not coz of management issues on Unga) my investment approach is very close to that of @aguytrying. I find satisfaction in owning great business,not trading them
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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Aguytrying wrote:sparkly wrote:target1360 wrote:sparkly wrote:target1360 wrote:if you dont trust management then dont bother buying a company's stock. The Centum dilemma... You know the DJ is a jangili ... but you also know that he gets a good return for his shareholders... as long as interests are aligned. @target1360 what stocks are you invested in? b.a.t,e.a.b.l, nic,unga,kcb,safcom, and my achilles heel is kenre! i also hold cfc stanbic since since it is my banker for stocks and transactions/savings Bear proof portfolio, good one. It is my first filter for stocks, management. If I don't trust I don't even evalua the stock. Interesting, the only share I don't want to buy/ have from that list is kenre and maybe Unga( not coz of management issues on Unga) Why not KenRe [except the 60% GoK ownership] and Unga? I'd like to hear your thoughts. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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Centum seeks more shares of Coca-Cola bottling firms (Almasi) http://www.businessdaily.../-/uktig9z/-/index.html
I like James Mworia. He is a smart guy. Warren Buffett likes Coca Cola since it is firm that makes & distributes products that cost little to manufacture and are 'addictive' coz of the sugar! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/14/2014 Posts: 289 Location: nairobi
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VituVingiSana wrote:Centum seeks more shares of Coca-Cola bottling firms (Almasi) http://www.businessdaily.../-/uktig9z/-/index.html
I like James Mworia. He is a smart guy. Warren Buffett likes Coca Cola since it is firm that makes & distributes products that cost little to manufacture and are 'addictive' coz of the sugar! i wish there way that an individual can buy into coca cola business without buying into a dj company I find satisfaction in owning great business,not trading them
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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target1360 wrote:VituVingiSana wrote:Centum seeks more shares of Coca-Cola bottling firms (Almasi) http://www.businessdaily.../-/uktig9z/-/index.html
I like James Mworia. He is a smart guy. Warren Buffett likes Coca Cola since it is firm that makes & distributes products that cost little to manufacture and are 'addictive' coz of the sugar! i wish there way that an individual can buy into coca cola business without buying into a dj company Met the mworia guy sometime last week at nakumatt prestige with his two boys. Very down to earth guy. Dressed simple and buying simple stuff.not taking a plane to Dubai to buy just bread.on a serious note I think dj saw something good and smart in the guy.but I still don't trust dj .he is a big shafter ,I agree with @targe1360
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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enyands wrote:target1360 wrote:VituVingiSana wrote:Centum seeks more shares of Coca-Cola bottling firms (Almasi) http://www.businessdaily.../-/uktig9z/-/index.html
I like James Mworia. He is a smart guy. Warren Buffett likes Coca Cola since it is firm that makes & distributes products that cost little to manufacture and are 'addictive' coz of the sugar! i wish there way that an individual can buy into coca cola business without buying into a dj company Met the mworia guy sometime last week at nakumatt prestige with his two boys. Very down to earth guy. Dressed simple and buying simple stuff.not taking a plane to Dubai to buy just bread.on a serious note I think dj saw something good and smart in the guy.but I still don't trust dj .he is a big shafter ,I agree with @targe1360 If only one can get one's hands on shares of 'Almasi' [51% owned by Centum] or even better shares in Nairobi Bottlers [28% owned by Centum]. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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If they were focussed on such ventures like Almasi,General Motors,Nairobi Bottlers,quoted equity,corporate bonds and government tbills and bonds this would be a gem stone company. The over ambitious venture into real estate and power is where they goofed since this are very capital intensive projects which Centum lacks. Two Rivers Mall now stalling is an example Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 8/16/2011 Posts: 2,386
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Ericsson wrote:If they were focussed on such ventures like Almasi,General Motors,Nairobi Bottlers,quoted equity,corporate bonds and government tbills and bonds this would be a gem stone company.
The over ambitious venture into real estate and power is where they goofed since this are very capital intensive projects which Centum lacks.
Two Rivers Mall now stalling is an example Centum shold be on a Bull run at this moment. The price should be atleast 78 by now.
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Realtreaty wrote:Ericsson wrote:If they were focussed on such ventures like Almasi,General Motors,Nairobi Bottlers,quoted equity,corporate bonds and government tbills and bonds this would be a gem stone company.
The over ambitious venture into real estate and power is where they goofed since this are very capital intensive projects which Centum lacks.
Two Rivers Mall now stalling is an example Centum shold be on a Bull run at this moment. The price should be atleast 78 by now. what are you saying?Iam waiting to buy at 40 "Don't let the fear of losing be greater than the excitement of winning."
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Centum HY 2016 profit up 55% comprehensive income down 76%
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