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Stocks to touch....Post Kibaki Era
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Sufficiently Philanga....thropic
#1 Posted : Wednesday, August 10, 2016 10:24:42 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Granted, many investors, myself included made a living, if not a fortune from NSE during Kibaki's era.
Even the bull, which ended in March 2015 began during Kibaki's tenure.
Over the past few years, we have seen many investors get a proper shaving in gok stocks like Uchumi, KQ, Mumias, and sadly now.....KPLC. We are hoping simba doesnt catch this flusmile
In view of the above, and with the duo at the helm in mind, i would advise that going forward, until we see a change of guard(or that combination), that the following be of consideration when picking stocks:

1) A Strong partner who can veto managerial/board appointments eg vodafone in Safaricom, and recently I&M.
(Please feel free to add the other quoted stocks at the NSE that meet this
2) Consistency in churning out profits and paying high dividends eg
,Bamburi, hesitant to mention banks for now.....
(Please feel free to add the other quoted stocks iat the NSE that meet this

Corporate governance/ethics is still a mirage in KE so pay keen attention to what i have stated above.

For now, i only have safari and Bamburi in my shopping basket and i'm sleeping well at nightsmile
@SufficientlyP
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  | | Edit by user: Wednesday, August 10, 2016 10:26 AM | Reason: Not specified
Sufficiently Philanga....thropic
#2 Posted : Wednesday, August 10, 2016 10:42:33 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
I asked in the Elliot wave's thread whether the appointment of the KCB chair was based on merit or was political.
Hopefully, anyone with info can share here.
It would be sad if the stock that has been the darling of foreign investors over the last 4 or so years goes the way of other mismanaged Gok firms or even to its former state pre 2003.
It will also help us know whether the bottom is in sight, or it's just getting warmed up.
@SufficientlyP
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Othelo
#3 Posted : Wednesday, August 10, 2016 10:50:34 AM
Rank: User

Joined: 1/20/2014
Posts: 3,528
Jubilee Insurance, strong fundamentals and I fully trust the management smile
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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obiero
#4 Posted : Wednesday, August 10, 2016 10:53:24 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,225
Location: nairobi
KQ has KLM on its board and the said firm defended its rights with additional cash so the talk of AirFrance-KLM being at odds with foresight of KQ management is the kind of story that sells newspapers but is not hinged on any truth.. What happened at KQ as known by people in the know, is simply theft via the agent network orchestrated by the former CFO and CEO.. The loopholes are well sealed and H1 will bear me witness
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Sufficiently Philanga....thropic
#5 Posted : Wednesday, August 10, 2016 11:01:06 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
@Obiero, KQ meets criteria 1 but certainly not criteria 2 so it's a pass for me.
@SufficientlyP
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Sufficiently Philanga....thropic
#6 Posted : Wednesday, August 10, 2016 11:15:24 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
The pain in gok firms is realSad
http://www.businessdaily...8510-10lvsljz/index.html
@SufficientlyP
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obiero
#7 Posted : Wednesday, August 10, 2016 11:26:39 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,225
Location: nairobi
[quote=Sufficiently Philanga....thropic]The pain in gok firms is realSad
http://www.businessdaily...510-10lvsljz/index.html[/quote]
Its true GoK firms are struggling but we must not forget about Atlas, HAFR, ARM, BRITAM, CABL, EXPR, KURW, TPSEA
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lochaz-index
#8 Posted : Wednesday, August 10, 2016 11:52:49 AM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Sufficiently Philanga....thropic wrote:
I asked in the Elliot wave's thread whether the appointment of the KCB chair was based on merit or was political.
Hopefully, anyone with info can share here.
It would be sad if the stock that has been the darling of foreign investors over the last 4 or so years goes the way of other mismanaged Gok firms or even to its former state pre 2003.
It will also help us know whether the bottom is in sight, or it's just getting warmed up.

On Kcb and most banks we have to wait till FY 2016 results to assess the correct position. That is if we can get there with no incidents.

Notice the non-bank stocks that have posted good numbers since March 2015 are weathering the bear or even appreciating. The same favour hasn't been extended to the banksters. Even within the banking sector the beating is not evenly spread.
The main purpose of the stock market is to make fools of as many people as possible.
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VituVingiSana
#9 Posted : Wednesday, August 10, 2016 12:02:52 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
obiero wrote:
[quote=Sufficiently Philanga....thropic]The pain in gok firms is realSad
http://www.businessdaily...510-10lvsljz/index.html[/quote]
Its true GoK firms are struggling but we must not forget about Atlas, HAFR, ARM, BRITAM, CABL, EXPR, KURW, TPSEA

The latter do not get support from Taxpayers. And they should not.
KURW - Really? It's a non-entity.
TPSEA - Quality management. Tough times but it will survive WITHOUT the need for Taxpayer funds.
EXPRESS - Conmen. Add Olympia. And Merali's firms.
ARM - It will be fine with the CDC (not Taxpayer) injection.
CABL - Crooks aka TCL
Atlas - Crooks. Or just bad luck.

GoK needs to sell off its stake in all the parastatals OR become a passive shareholder. No bailouts. None. Let KQ go into bankruptcy. Same with Uchumi. Or Mumias. Or any of them.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#10 Posted : Wednesday, August 10, 2016 12:16:46 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,225
Location: nairobi
VituVingiSana wrote:
obiero wrote:
[quote=Sufficiently Philanga....thropic]The pain in gok firms is realSad
http://www.businessdaily...510-10lvsljz/index.html[/quote]
Its true GoK firms are struggling but we must not forget about Atlas, HAFR, ARM, BRITAM, CABL, EXPR, KURW, TPSEA

The latter do not get support from Taxpayers. And they should not.
KURW - Really? It's a non-entity.
TPSEA - Quality management. Tough times but it will survive WITHOUT the need for Taxpayer funds.
EXPRESS - Conmen. Add Olympia. And Merali's firms.
ARM - It will be fine with the CDC (not Taxpayer) injection.
CABL - Crooks aka TCL
Atlas - Crooks. Or just bad luck.

GoK needs to sell off its stake in all the parastatals OR become a passive shareholder. No bailouts. None. Let KQ go into bankruptcy. Same with Uchumi. Or Mumias. Or any of them.

KQ should have GoK in it.. African airlines cannot compete without government backing. Name one airline in Africa that isnt supported by its government. Some like @flyethiopian even have subsidized ticket prices!!! A fully private KQ will not compete and shall die in its first few months of operation. The bilateral air agreements are complex undertakings especially in Africa and KQ would not even have a quarter of its current routes was it not for political engineering by current and former presidents of Kenya
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  | | Edit by user: Wednesday, August 10, 2016 12:20 PM | Reason: Not specified
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