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Pesa Nane
#1 Posted : Friday, January 26, 2018 8:47:20 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c

Pesa Nane plans to be shilingi when he grows up.
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VituVingiSana
#2 Posted : Friday, January 26, 2018 9:40:57 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,099
Location: Nairobi
1) Do the 2016 (turnover) numbers include Cummins? [2017 they say does not]
2) What's the Other Income? [Cummins?]
3) I always remove the "Gain in FV on Investment Properties" from the profits. [Loss for 2016 and 2017]

I do own some C&G and I hope they start cashing in on those "Investment Properties" to reduce their debt.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Pesa Nane
#3 Posted : Friday, January 26, 2018 9:43:53 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Not talking
Quote:
"the investment property valuations are now stabilising and the objective is to embark on two small property developments in 2018 and liquidate some non core property"
Pesa Nane plans to be shilingi when he grows up.
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Pesa Nane
#4 Posted : Friday, January 26, 2018 9:59:05 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
AGM 26 March 2018, Mayfair Hotel

Dividend Kshs. 0.60
Closure 19 Feb 2018
Pesa Nane plans to be shilingi when he grows up.
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Pesa Nane
#5 Posted : Friday, January 26, 2018 10:04:16 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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Ebenyo
#6 Posted : Saturday, January 27, 2018 9:50:09 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Pesa Nane wrote:




With high uptake of motorcycles in the country,i wonder why CG will struggle to grow revenues.They should do well actually.
Towards the goal of financial freedom
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VituVingiSana
#7 Posted : Sunday, January 28, 2018 4:12:18 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,099
Location: Nairobi
Pesa Nane wrote:
Not talking
Quote:
"the investment property valuations are now stabilising and the objective is to embark on two small property developments in 2018 and liquidate some non core property"

C&G should cash in on "fully valued" properties and redirect the cash to (sensible) expansion, reducing debt or paying a dividend.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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tom_boy
#8 Posted : Saturday, February 09, 2019 1:41:36 PM
Rank: Member


Joined: 2/20/2007
Posts: 767
Involved in multiple idustries
Trading
Property
Fintech via watu credit

Razor thin trading margins. Issues with importation of goods at the port, long delays. Higher costs.

Property market headed for a glut ( i think). They are looking for an anchor tenant before commencing. Not sure their property dev location has a significant competitive advantage. (where is it by the way).

Now into watu credit. A fintech. Offering mobile loans. "Supporting" mama groups. Wonder how this will pan out.

EPS 2018 up from 1.71 to 5.35.

Feels to me like a very mixed bag kind of company.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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mulla
#9 Posted : Monday, February 11, 2019 10:53:44 AM
Rank: Member


Joined: 6/15/2013
Posts: 301
tom_boy wrote:
Involved in multiple idustries
Trading
Property
Fintech via watu credit

Razor thin trading margins. Issues with importation of goods at the port, long delays. Higher costs.

Property market headed for a glut ( i think). They are looking for an anchor tenant before commencing. Not sure their property dev location has a significant competitive advantage. (where is it by the way).

Now into watu credit. A fintech. Offering mobile loans. "Supporting" mama groups. Wonder how this will pan out.

EPS 2018 up from 1.71 to 5.35.

Feels to me like a very mixed bag kind of company.

Looks like they have lost Suzuki dealership to Toyota Kenya. Quite unfortunate as the Uber chapchap is picking alot of traction. However in the long run i think Toyota may be better than C&G for Suzuki as they may be more aggressive in marketing their other brands such as the Vitara etc
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AndyC
#10 Posted : Monday, February 11, 2019 11:03:01 AM
Rank: Member


Joined: 4/21/2015
Posts: 151
tom_boy wrote:
Involved in multiple idustries
Trading
Property
Fintech via watu credit

Razor thin trading margins. Issues with importation of goods at the port, long delays. Higher costs.

Property market headed for a glut ( i think). They are looking for an anchor tenant before commencing. Not sure their property dev location has a significant competitive advantage. (where is it by the way).

Now into watu credit. A fintech. Offering mobile loans. "Supporting" mama groups. Wonder how this will pan out.

EPS 2018 up from 1.71 to 5.35.

Feels to me like a very mixed bag kind of company.


It is a holding company so the mix is kinda expected. The Fin-tech maybe is to support trading business after bank rate caps. The chicken farming business is odd.

Anybody with info on what investments Carbacid investment subsidiaries (apart from the CO2) are involved in?
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VituVingiSana
#11 Posted : Monday, February 11, 2019 1:08:52 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,099
Location: Nairobi
mulla wrote:
tom_boy wrote:
Involved in multiple idustries
Trading
Property
Fintech via watu credit

Razor thin trading margins. Issues with importation of goods at the port, long delays. Higher costs.

Property market headed for a glut ( i think). They are looking for an anchor tenant before commencing. Not sure their property dev location has a significant competitive advantage. (where is it by the way).

Now into watu credit. A fintech. Offering mobile loans. "Supporting" mama groups. Wonder how this will pan out.

EPS 2018 up from 1.71 to 5.35.

Feels to me like a very mixed bag kind of company.

Looks like they have lost Suzuki dealership to Toyota Kenya. Quite unfortunate as the Uber chapchap is picking alot of traction. However in the long run i think Toyota may be better than C&G for Suzuki as they may be more aggressive in marketing their other brands such as the Vitara etc
C&G never held the Suzuki dealership.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mulla
#12 Posted : Tuesday, February 12, 2019 11:40:16 AM
Rank: Member


Joined: 6/15/2013
Posts: 301
VituVingiSana wrote:
mulla wrote:
tom_boy wrote:
Involved in multiple idustries
Trading
Property
Fintech via watu credit

Razor thin trading margins. Issues with importation of goods at the port, long delays. Higher costs.

Property market headed for a glut ( i think). They are looking for an anchor tenant before commencing. Not sure their property dev location has a significant competitive advantage. (where is it by the way).

Now into watu credit. A fintech. Offering mobile loans. "Supporting" mama groups. Wonder how this will pan out.

EPS 2018 up from 1.71 to 5.35.

Feels to me like a very mixed bag kind of company.

Looks like they have lost Suzuki dealership to Toyota Kenya. Quite unfortunate as the Uber chapchap is picking alot of traction. However in the long run i think Toyota may be better than C&G for Suzuki as they may be more aggressive in marketing their other brands such as the Vitara etc
C&G never held the Suzuki dealership.

my bad.....rephrase....CMC motors
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