Wazua
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Flame Tree Group HY15 PAT up marginally
Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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To buy or not to buy?? THE BIG DILEMNA Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 11/13/2015 Posts: 1,568
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With the volume spike What are the insiders telling us
1.that the 10% excise duty on cosmetics has hit them so hard, or
2. did they overpay for suzie beauty in cash instead of equity
3. cost overruns with chirag
4. problems with other markets e.g. Rwanda, Mozambique
The technical chart shows at corrective wave 5 so next ABC
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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Fyatu wrote:To buy or not to buy?? THE BIG DILEMNA Fyatu wrote:NBV= 2.54 EPS =1.1 PE = 3.909 DPS = 0
based on the above, i would say that it is still trading at a premium. Can only consider it at sub 3 bob This can make you big returns or equally big losses depending on the management intentions. It can be noted that most new listings are a way to shaft novice investors KEGN, KPLC, KQ, SCOM
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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mkate_nusu wrote:Fyatu wrote:To buy or not to buy?? THE BIG DILEMNA Fyatu wrote:NBV= 2.54 EPS =1.1 PE = 3.909 DPS = 0
based on the above, i would say that it is still trading at a premium. Can only consider it at sub 3 bob This can make you big returns or equally big losses depending on the management intentions. It can be noted that most new listings are a way to shaft novice investors I still maintain i will only consider this one sub 3 bob Dumb money becomes dumb only when it listens to smart money
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Rank: Member Joined: 5/4/2015 Posts: 241 Location: Kahno
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Fyatu wrote:mkate_nusu wrote:Fyatu wrote:To buy or not to buy?? THE BIG DILEMNA Fyatu wrote:NBV= 2.54 EPS =1.1 PE = 3.909 DPS = 0
based on the above, i would say that it is still trading at a premium. Can only consider it at sub 3 bob This can make you big returns or equally big losses depending on the management intentions. It can be noted that most new listings are a way to shaft novice investors I still maintain i will only consider this one sub 3 bob At least after 3 consecutive days of 9.xy% drop, it can take a breather till HY results, BUT
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Given the narratives on Nakumatt, Naivas etc I wonder how their cashflows look? Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 8/10/2014 Posts: 954 Location: Kenya
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Fyatu wrote:NBV= 2.54 EPS =1.1 PE = 3.909 DPS = 0
based on the above, i would say that it is still trading at a premium. Can only consider it at sub 3 bob
That no dividend thingy really bugs me. Cashflow problems or what?
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Rank: Chief Joined: 1/3/2007 Posts: 18,053 Location: Nairobi
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KulaRaha wrote:Given the narratives on Nakumatt, Naivas etc I wonder how their cashflows look? Something to consider. Cash is king. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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wukan wrote:With the volume spike What are the insiders telling us
1.that the 10% excise duty on cosmetics has hit them so hard, or
2. did they overpay for suzie beauty in cash instead of equity
3. cost overruns with chirag
4. problems with other markets e.g. Rwanda, Mozambique
The technical chart shows at corrective wave 5 so next ABC
link? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Business opportunities are like buses,there's always another one coming
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Rank: Veteran Joined: 8/10/2014 Posts: 954 Location: Kenya
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Not bad, though i wish they could breakdown how much profit each product is bringing in.
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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Profit is an opinion, cash is a fact.
How badly are they affected by Tuskys, Naivas, Nakumatt cash crunch?
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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watesh wrote:Not bad, though i wish they could breakdown how much profit each product is bringing in. Look at that. This should cool down the fear mongering on this counter. Guys, as long as he is not the next merali or matu. Buy like crazy. After the excitement of these results expect price to continue dropping. PE is 3.95. the market is comfortable to buy safaricom at PE of 22. wow. if this firm turns out to be legit not olympia, eveready, adss, hafr style, money is what i will make The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 11/13/2015 Posts: 1,568
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Good stuff still a few challenges here and there. With all the buying I've been doing must be top 50 shareholder by now.
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Rank: Veteran Joined: 11/13/2015 Posts: 1,568
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wukan wrote:With the volume spike What are the insiders telling us
1.that the 10% excise duty on cosmetics has hit them so hard, or
2. did they overpay for suzie beauty in cash instead of equity
3. cost overruns with chirag
4. problems with other markets e.g. Rwanda, Mozambique
The technical chart shows at corrective wave 5 so next ABC
This one performed so well technically 5 waves now on the A-B
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Quote:PRESS RELEASE
Flame Tree Group Holdings subsidiary, Rino Tanques Opens a New Tank Manufacturing Facility in Nampula, Mozambique
September 13th 2016, Nairobi.
Flame Tree Group Holdings (FTGH:NSE) the diversified manufacturer and distributor of plastic tanks, cosmetics and snacks is proud to announce the opening of its new plastic water tank facility, a branch of Rino Tanques Lda, in Nampula, to serve the Northern part of Mozambique.
Commenting on the new facility, Group CEO Heril Bangera said; “FTGH as a whole is very excited with this development. In Mozambique, we have not been able to cater to the northern part and as such we will now be able to strengthen our market position by covering a bigger geographical area of the country. The factory will manufacture the full range of plastic tanks, from the 100 liters to 10,000 liters in its new facility.”
Previously, deliveries to Northern Mozambique used to take a turnaround time of 8 days to and from Maputo. With the opening of the new factory, not only are transportation costs greatly reduced, but delivery to customers will be prompt, making our product more competitive.
Mozambique has over the last few years experienced growth in various sectors. Construction activity in Northern Mozambique has increased due to the GDP growth of the country and the discovery of gas reserves in Pemba.
“Although Mozambique’s currency has devalued significantly this year, we as a company are looking at long-term growth and believe that our business can accommodate such fluctuations”, CEO Heril Bangera stated.
Flame Tree Group operates across two business verticals, manufacturing and trading, in six countries. Its strategy is to build a diversified portfolio of African-manufactured brands for African consumers, covering plastics, cosmetics and food in multiple markets and verticals. Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 11/13/2015 Posts: 1,568
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I was worried about the currency devaluation but like the long-term growth model and the return on equity
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Rank: Member Joined: 1/3/2014 Posts: 257
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Aguytrying wrote:watesh wrote:Not bad, though i wish they could breakdown how much profit each product is bringing in. Look at that. This should cool down the fear mongering on this counter. Guys, as long as he is not the next merali or matu. Buy like crazy. After the excitement of these results expect price to continue dropping. PE is 3.95. the market is comfortable to buy safaricom at PE of 22. wow. if this firm turns out to be legit not olympia, eveready, adss, hafr style, money is what i will make Word! Legitimacy is key here.
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Rank: Chief Joined: 1/3/2007 Posts: 18,053 Location: Nairobi
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Could this be what Bangera is planning on? http://www.businessdaily...494500-m614t/index.html
Build up the "beauty" business and then flip it? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Quite possible. The industry is active in M/A. Or maybe he Is accumulating the small firms to grow The investor's chief problem - and even his worst enemy - is likely to be himself
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Flame Tree Group HY15 PAT up marginally
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