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Is it the right time to buy CENTUM?
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heri
#61 Posted : Wednesday, October 07, 2020 3:37:15 PM
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Joined: 9/14/2011
Posts: 834
Location: nairobi
Fyatu wrote:
Wait for sub - 9 bob(thank me later)


Is there anything out of the ordinary that would make it go to that level?
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watesh
#62 Posted : Wednesday, October 07, 2020 10:08:04 PM
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Joined: 8/10/2014
Posts: 953
Location: Kenya
Fyatu wrote:
Wait for sub - 9 bob(thank me later)


But their cash holdings + bonds (marketable securities) is worth Ksh13.5 per share.
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Ericsson
#63 Posted : Wednesday, October 07, 2020 10:29:48 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
watesh wrote:
Fyatu wrote:
Wait for sub - 9 bob(thank me later)


But their cash holdings + bonds (marketable securities) is worth Ksh13.5 per share.

That was before they fully repaid the corporate bond.
After the cautionary note they gave of reduced earnings and dividends from their portfolios,the reaction from investors is what we are seeing.
Another thing is HY2020/21 to be out next month,Investors are pessimistic.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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watesh
#64 Posted : Thursday, October 08, 2020 9:01:47 AM
Rank: Veteran


Joined: 8/10/2014
Posts: 953
Location: Kenya
Ericsson wrote:
watesh wrote:
Fyatu wrote:
Wait for sub - 9 bob(thank me later)


But their cash holdings + bonds (marketable securities) is worth Ksh13.5 per share.

That was before they fully repaid the corporate bond.
After the cautionary note they gave of reduced earnings and dividends from their portfolios,the reaction from investors is what we are seeing.
Another thing is HY2020/21 to be out next month,Investors are pessimistic.


Hmmm...you are right. I guess half year will provide a clearer picture on where the business stands...Personality I am still optimistic. From all their subsidiaries I dont expect any to pay dividends but I am excited real estate is finally coming into the company income statement.
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deadpoet
#65 Posted : Monday, October 12, 2020 1:53:44 PM
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Joined: 9/27/2006
Posts: 496
When is the dividend payment date?
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kichwa_kibov
#66 Posted : Monday, October 12, 2020 5:04:35 PM
Rank: New-farer


Joined: 9/24/2012
Posts: 20
Location: Tatu city
In the AGM, the CEO mentioned October 15th
The smart man learns the truth and screams it at others to try to change their mind to his own lifestyle’s detriment. The wise man learns the truth and applies it to his life. Others learn the truth from watching him.
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Ericsson
#67 Posted : Wednesday, October 14, 2020 11:17:47 AM
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Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
kichwa_kibov wrote:
In the AGM, the CEO mentioned October 15th


4.85 million shares traded yesterday.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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kichwa_kibov
#68 Posted : Friday, October 16, 2020 4:26:05 PM
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Joined: 9/24/2012
Posts: 20
Location: Tatu city
https://twitter.com/Cent...atus/1317070336094068737
The smart man learns the truth and screams it at others to try to change their mind to his own lifestyle’s detriment. The wise man learns the truth and applies it to his life. Others learn the truth from watching him.
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Kibe21
#69 Posted : Tuesday, October 20, 2020 10:09:10 AM
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Joined: 8/1/2018
Posts: 60
Location: Nairobi
Dividends received and reinvented @18.50/=
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Ericsson
#70 Posted : Thursday, October 22, 2020 1:45:52 PM
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Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
Kibe21 wrote:
Dividends received and reinvented @18.50/=


Bought too early.
Another global rout on stocks coming.
Today it's down 50 cents to 18.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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muandiwambeu
#71 Posted : Thursday, October 22, 2020 1:58:47 PM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
Ericsson wrote:
Kibe21 wrote:
Dividends received and reinvented @18.50/=


Bought too early.
Another global rout on stocks coming.
Today it's down 50 cents to 18.

What are you talking global about????
,Behold, a sower went forth to sow;....
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Ericsson
#72 Posted : Thursday, October 22, 2020 3:55:48 PM
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Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
muandiwambeu wrote:
Ericsson wrote:
Kibe21 wrote:
Dividends received and reinvented @18.50/=


Bought too early.
Another global rout on stocks coming.
Today it's down 50 cents to 18.

What are you talking global about????


Further price declines beyond the current levels
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Kibe21
#73 Posted : Thursday, October 22, 2020 10:27:16 PM
Rank: New-farer


Joined: 8/1/2018
Posts: 60
Location: Nairobi
Ericsson wrote:
Kibe21 wrote:
Dividends received and reinvented @18.50/=


Bought too early.
Another global rout on stocks coming.
Today it's down 50 cents to 18.


Then hopefully I will have some free cash to buy more.
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VituVingiSana
#74 Posted : Saturday, October 24, 2020 5:00:49 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,049
Location: Nairobi
https://www.businessdail...ith-unit-trust--2720268 Centum subsidiary eyes boda boda riders with Sh50 a day savings scheme
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#75 Posted : Sunday, October 25, 2020 6:25:27 PM
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Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
https://www.standardmedi...s-to-post-record-profits
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Balaa
#76 Posted : Monday, October 26, 2020 8:55:30 AM
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Joined: 7/6/2018
Posts: 175
Location: Kinshasa
VituVingiSana wrote:
https://www.businessdailyafrica.com/bd/markets/capital-markets/centum-subsidiary-eyes-boda-boda-riders-with-unit-trust--2720268 Centum subsidiary eyes boda boda riders with Sh50 a day savings scheme


Doesn't this change of tack feel like a sense of deja vu? Reminds me of the Kenyan banks' change of attitude towards the income earners at the bottom of the food chain before Equity Bank showed up in town with their model of banking the unbankable. Now, just like in the aftermath following Equity Bank's game changer, Centum is back in the streets hawking their hitherto elitist MMF product in the same manner top tier banks had to eat humble pie and started hawking loan products to Average Joe in the streets!
If it don't make dollars, it don't make sense
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Ericsson
#77 Posted : Monday, October 26, 2020 9:50:27 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
Balaa wrote:
VituVingiSana wrote:
https://www.businessdailyafrica.com/bd/markets/capital-markets/centum-subsidiary-eyes-boda-boda-riders-with-unit-trust--2720268 Centum subsidiary eyes boda boda riders with Sh50 a day savings scheme


Doesn't this change of tack feel like a sense of deja vu? Reminds me of the Kenyan banks' change of attitude towards the income earners at the bottom of the food chain before Equity Bank showed up in town with their model of banking the unbankable. Now, just like in the aftermath following Equity Bank's game changer, Centum is back in the streets hawking their hitherto elitist MMF product in the same manner top tier banks had to eat humble pie and started hawking loan products to Average Joe in the streets!


Change or perish
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#78 Posted : Monday, October 26, 2020 10:11:07 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,049
Location: Nairobi
Balaa wrote:
VituVingiSana wrote:
https://www.businessdailyafrica.com/bd/markets/capital-markets/centum-subsidiary-eyes-boda-boda-riders-with-unit-trust--2720268 Centum subsidiary eyes boda boda riders with Sh50 a day savings scheme


Doesn't this change of tack feel like a sense of deja vu? Reminds me of the Kenyan banks' change of attitude towards the income earners at the bottom of the food chain before Equity Bank showed up in town with their model of banking the unbankable. Now, just like in the aftermath following Equity Bank's game changer, Centum is back in the streets hawking their hitherto elitist MMF product in the same manner top tier banks had to eat humble pie and started hawking loan products to Average Joe in the streets!
How was Centum's MMF elitist?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#79 Posted : Monday, October 26, 2020 10:33:02 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
VituVingiSana wrote:
Balaa wrote:
VituVingiSana wrote:
https://www.businessdailyafrica.com/bd/markets/capital-markets/centum-subsidiary-eyes-boda-boda-riders-with-unit-trust--2720268 Centum subsidiary eyes boda boda riders with Sh50 a day savings scheme


Doesn't this change of tack feel like a sense of deja vu? Reminds me of the Kenyan banks' change of attitude towards the income earners at the bottom of the food chain before Equity Bank showed up in town with their model of banking the unbankable. Now, just like in the aftermath following Equity Bank's game changer, Centum is back in the streets hawking their hitherto elitist MMF product in the same manner top tier banks had to eat humble pie and started hawking loan products to Average Joe in the streets!
How was Centum's MMF elitist?

Gunshot thrown Laughing out loudly Laughing out loudly
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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kmucheke
#80 Posted : Monday, October 26, 2020 12:09:34 PM
Rank: Member


Joined: 3/16/2019
Posts: 313
VituVingiSana wrote:
Balaa wrote:
VituVingiSana wrote:
https://www.businessdailyafrica.com/bd/markets/capital-markets/centum-subsidiary-eyes-boda-boda-riders-with-unit-trust--2720268 Centum subsidiary eyes boda boda riders with Sh50 a day savings scheme


Doesn't this change of tack feel like a sense of deja vu? Reminds me of the Kenyan banks' change of attitude towards the income earners at the bottom of the food chain before Equity Bank showed up in town with their model of banking the unbankable. Now, just like in the aftermath following Equity Bank's game changer, Centum is back in the streets hawking their hitherto elitist MMF product in the same manner top tier banks had to eat humble pie and started hawking loan products to Average Joe in the streets!
How was Centum's MMF elitist?

The minimum amount has been 1M and topup 100k with 1M being the minimum holding amount. I think this is what @Balaa meant as "elitist".

Nabo Capital KSh. Money Market Fund minimum amounts and topups

Nabo Capital Money Market Fund (KES)
Minimum Initial Subscription Amount 1,000,000/=
Minimum Subsequent Subscription Amount 100,000/=
Minimum Holding Amount 1,000,000/=
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