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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Spikes wrote:snipermnoma wrote:dunkang wrote:obiero wrote:15 out of 52 listed firms.. terrible year at the NSE Na bado. The list will easily get to 22 companies by end of March 2016. 22! Oh boy! So what is the way forward? I can see interbank lending rates coming down. It appears liquidity is robust tomorrow you will be shocked by sky jetting bull run! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 11/11/2006 Posts: 971 Location: Home
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Spikes wrote:Spikes wrote:snipermnoma wrote:dunkang wrote:obiero wrote:15 out of 52 listed firms.. terrible year at the NSE Na bado. The list will easily get to 22 companies by end of March 2016. 22! Oh boy! So what is the way forward? I can see interbank lending rates coming down. It appears liquidity is robust tomorrow you will be shocked by sky jetting bull run! still waiting... possunt quia posse videntur
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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snipermnoma wrote:Boris Boyka wrote:FY 2015
1. Home Afrika
2. SGL
3. Express
4. Crown Paints
5. E A Cables
6. Sameer Africa
7. Britam
8. KQ
9. Mumias
10. Uchumi
11. C & G
Have i forgoten any or wrongly included some? 12. TPS 13. BOC 14. Atlas 15. ARM 16. StanChart 17. Pan African Insurance 18. Liberty 19. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Member Joined: 10/14/2011 Posts: 661
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Liberty said its earnings in equities business have been hit by the bear run on Nairobi Securities Exchange in 2015.They explained that while the core business operations of Liberty Holdings experienced sound growth in the year, there was a general decline in the values of listed equities and fixed income securities in the markets which the group operates. “As a result, there was a decline in asset values which negatively impacted the investment income when compared to the previous year,” they said. http://www.nation.co.ke/...8/-/e5bnpo/-/index.html
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Rank: Member Joined: 10/14/2011 Posts: 661
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dunkang wrote:snipermnoma wrote:Boris Boyka wrote:FY 2015
1. Home Afrika
2. SGL
3. Express
4. Crown Paints
5. E A Cables
6. Sameer Africa
7. Britam
8. KQ
9. Mumias
10. Uchumi
11. C & G
Have i forgoten any or wrongly included some? 12. TPS 13. BOC 14. Atlas 15. ARM 16. StanChart 17. Pan African Insurance 18. Liberty 19. Liberty Holdings pushes number of NSE profit warnings to 181. Pan Africa Holdings, 2. Britam, 3. UAP Holdings 4. Express Kenya, 5. Standard Group, 6. Sameer Africa, 7. Atlas Development, 8. BOC Gases, 9. TPS Eastern Africa, 10. Crown Paints, 11. Standard Chartered, 12. Uchumi Supermarkets, 13. ARM Cement, 14. Mumias Sugar, 15. Car & General 16. East African Cables. 17. Liberty Kenya Holdings http://www.businessdaily...4/-/emnv4d/-/index.html
Missing from Authors list… 1. Home Afrika 2. KQ Not adding to 18?
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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Thiong'o wrote:Liberty said its earnings in equities business have been hit by the bear run on Nairobi Securities Exchange in 2015.They explained that while the core business operations of Liberty Holdings experienced sound growth in the year, there was a general decline in the values of listed equities and fixed income securities in the markets which the group operates. “As a result, there was a decline in asset values which negatively impacted the investment income when compared to the previous year,” they said. http://www.nation.co.ke/...8/-/e5bnpo/-/index.html
How exposed is Kenya Re to bear run in NSE?
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Kenya Re has cushioned itself by investing heavily in government securities which will even out the drop in value of securities of NSE. Quoted equities in the NSE comprises 10% of the total assets Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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Ericsson wrote:Kenya Re has cushioned itself by investing heavily in government securities which will even out the drop in value of securities of NSE.
Quoted equities in the NSE comprises 10% of the total assets Thanks. I see it has gone below 20s but i guess it maybe a good opportunity to buy then
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Wahala! "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: 7/11/2010 Posts: 5,040
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heri wrote:Ericsson wrote:Kenya Re has cushioned itself by investing heavily in government securities which will even out the drop in value of securities of NSE.
Quoted equities in the NSE comprises 10% of the total assets Thanks. I see it has gone below 20s but i guess it maybe a good opportunity to buy then The honeymoon of above 20 seems to be over for now The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Nope, a profit warning does not mean a firm will have nothing for the investor. Most likely it goes for three , Nothing at all, Flat dividend, lower or even higher dividend and lastlytime to offer a bonus or right issues to make the stock more liquid.
Let us not be always negative and scared to rush and sell good stock. I still feel Britam is good, its only the effects of govts.
Say with the low petroleum prices it is time Kenya built more roads as butimen price is as well low and tarmac Nrb -Limuru 114 and 115 roads, re-furbish city roads etc like moi avenue, kenyatta, Tom Mboya etc.
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Rank: Elder Joined: 7/23/2008 Posts: 3,017
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I think Kenyans have finally realized that shareholder value means nothing to directors of most listed entities that lack strong vested interests of multinationals. People have lost big time as a result of poorly managed companies, starting with KQ, Mumias, Uchumi, CMC etc. If anything, it seems to be getting worse. I would be curious to find out how directors on these boards are faring financially during these lean times What is wrong with the African/Kenyan "The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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Rank: New-farer Joined: 11/23/2011 Posts: 15
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I strongly feel that Directors and Senior managers should be made to own substantial number of shares in companies (public listed) which they direct. That way, they will feel where the show hurts when they mismanage. I was surprised to know that i own more shares than the KQ_mbugua guy! Sophisticated investors ignore the noise and concentrate on the intrinsic value of an asset
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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kenyariri wrote:I strongly feel that Directors and Senior managers should be made to own substantial number of shares in companies (public listed) which they direct. That way, they will feel where the show hurts when they mismanage. I was surprised to know that i own more shares than the KQ_mbugua guy! Some of these guys don't care even if you give them shares. All they care about is tenders to their own company's. They will rake more than shares. Awarding shares is more feasible in transparent countries or organisation where tendering is handled by external company or office. But as long as the shareholder has some influence on tendering, then that can be a challenge. Rumors has it that one of billionaires in kenya has an investment company listed that is hyped alot. But all the supplies and contracts are awarded to families.the value of money going to family is much more than his shares holding in that entity! !
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Rank: Member Joined: 1/22/2015 Posts: 682
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No wonder Safaricom can never give a Kenyan the CEO post. I can only imagine what a guy can do with all those tenders
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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Thiong'o wrote:dunkang wrote:snipermnoma wrote:Boris Boyka wrote:FY 2015
1. Home Afrika
2. SGL
3. Express
4. Crown Paints
5. E A Cables
6. Sameer Africa
7. Britam
8. KQ
9. Mumias
10. Uchumi
11. C & G
Have i forgoten any or wrongly included some? 12. TPS 13. BOC 14. Atlas 15. ARM 16. StanChart 17. Pan African Insurance 18. Liberty 19. Liberty Holdings pushes number of NSE profit warnings to 181. Pan Africa Holdings, 2. Britam, 3. UAP Holdings 4. Express Kenya, 5. Standard Group, 6. Sameer Africa, 7. Atlas Development, 8. BOC Gases, 9. TPS Eastern Africa, 10. Crown Paints, 11. Standard Chartered, 12. Uchumi Supermarkets, 13. ARM Cement, 14. Mumias Sugar, 15. Car & General 16. East African Cables. 17. Liberty Kenya Holdings http://www.businessdaily...4/-/emnv4d/-/index.html
Missing from Authors list… 1. Home Afrika 2. KQ Not adding to 18? KQ has not issued a profit warning and Kenya Re will take time to get back to 20
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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Mike Ock wrote:No wonder Safaricom can never give a Kenyan the CEO post. I can only imagine what a guy can do with all those tenders My friend, with the Structures/systems at Safcom even Ciano hawesmake. Unless of course the systems are dismantled - which will be a challenge. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Veteran Joined: 8/10/2014 Posts: 969 Location: Kenya
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Mike Ock wrote:No wonder Safaricom can never give a Kenyan the CEO post. I can only imagine what a guy can do with all those tenders I hope they never do in the near term
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Rank: User Joined: 1/20/2014 Posts: 3,528
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MaichBlack wrote:Mike Ock wrote:No wonder Safaricom can never give a Kenyan the CEO post. I can only imagine what a guy can do with all those tenders My friend, with the Structures/systems at Safcom even Ciano hawesmake. Unless of course the systems are dismantled - which will be a challenge. I thought there was a Commercial Director was was sacked becuase of tendering issues at Safcom less than 2 years ago? Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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