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Rank: Chief Joined: 1/3/2007 Posts: 18,098 Location: Nairobi
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cyruskulei wrote:Realtreaty wrote:For long time holders the Covid-19 went against Warren Buffet ideals.
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There is no more attraction in NSE today as holding at 25 and coming to sell at 5 is the worst investment game during shortage of revenue from both own investment and General employment. Hapa u have expressed pure truth. But to be strong and stay alive might be the only short term option Berkshire is trading at an all-time high in May 2021. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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VituVingiSana wrote:cyruskulei wrote:Realtreaty wrote:For long time holders the Covid-19 went against Warren Buffet ideals.
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There is no more attraction in NSE today as holding at 25 and coming to sell at 5 is the worst investment game during shortage of revenue from both own investment and General employment. Hapa u have expressed pure truth. But to be strong and stay alive might be the only short term option Berkshire is trading at an all-time high in May 2021. There is alot of liquidity in the American market due to the stimulus plan. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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Been more than a year since Corona came calling and our good old NSE20 is yet to reclaim the 2,000 handle  Still stranded at sub 2,000   @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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With white elephants crossing KES9 trillion, equivallent to the size of Kenya's entire economy, maybe, just maybe, it might take some miracle for our good old NSE20 to cross the 2,000 mark and stay above it before elections happen next August. Tenderpreneurs AKA Tano Terror@SufficientlyP
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Top banks breaking 52week high "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 7/17/2014 Posts: 132 Location: Wherethewindblows
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[quote=Esstiko]Any idea on Gitogo's sale of 11 million cic shares? https://www.businessdail...SXaud6M_NWxuPS-S9gu-5YI[/quote] A bit late to comment on this but just thought that directors of loss making public traded companies should not be given packages like all is well and leave the company worse off due to there poor decisions taken when they were in the driving seat. In my view think there remuneration should be based on yearly performance same way shareholders get dividends when the company does well. Then those salaries... etc. You have to learn the rules of the game. And then you have to play better than anyone else - Albert Einstein
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Rank: Member Joined: 7/17/2014 Posts: 132 Location: Wherethewindblows
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A quick question when comparing stocks. How important is E/P? Was thinking about Kakuzi: Share price:372.75, E/P: 31.74, Dividend: 18(2020) Safaricom Share price: 41.20 E/P:1.71, Dividend: 0.92(2020) which would be the better share? You have to learn the rules of the game. And then you have to play better than anyone else - Albert Einstein
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Rank: Member Joined: 7/1/2019 Posts: 119
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Sufficiently Philanga....thropic wrote:Been more than a year since Corona came calling and our good old NSE20 is yet to reclaim the 2,000 handle Still stranded at sub 2,000 No hope of recovery here. Atleast not soon. I have seen people predicting recovery in 2022, others 2023, 2024, 2025 but it is highly unlikely that the NSE 20 will go past 3000 points in the next bull run. As @Wukan pointed out, the Kenyan economy is structurally flawed and requires a major shift. I have seen top 2022 presidential contenders pushing rhetoric about how to fix economy. Hustler is talking about bottoms-up, middle-out approach and Baba is talking about devolution of resources and stimulus package for rural-folk and subsistence farmers. Like the animals in George Orwell's Animal Farm, i cannot tell the difference of Hustler-economics and Baba-economics. They seem to be saying the same thing
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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doubletap wrote:[quote=Esstiko]Any idea on Gitogo's sale of 11 million cic shares? https://www.businessdail...SXaud6M_NWxuPS-S9gu-5YI[/quote] A bit late to comment on this but just thought that directors of loss making public traded companies should not be given packages like all is well and leave the company worse off due to there poor decisions taken when they were in the driving seat. In my view think there remuneration should be based on yearly performance same way shareholders get dividends when the company does well. Then those salaries... etc. Tom Gitogo tried his best in turning around the company. Are you able to point out a poor decision he made.Plus that was the package he negotiated/was given when he was appointed. The decisions leading to the poor performance were made before Tom became ceo. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 7/17/2014 Posts: 132 Location: Wherethewindblows
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Ericsson wrote:doubletap wrote:[quote=Esstiko]Any idea on Gitogo's sale of 11 million cic shares? https://www.businessdail...SXaud6M_NWxuPS-S9gu-5YI[/quote] A bit late to comment on this but just thought that directors of loss making public traded companies should not be given packages like all is well and leave the company worse off due to there poor decisions taken when they were in the driving seat. In my view think there remuneration should be based on yearly performance same way shareholders get dividends when the company does well. Then those salaries... etc. Tom Gitogo tried his best in turning around the company. Are you able to point out a poor decision he made.Plus that was the package he negotiated/was given when he was appointed. The decisions leading to the poor performance were made before Tom became ceo. Cannot point out what he has done as CEO but it is apparent the measures he did put in place did not achieve the goals hence my sentiments. Performance based remuneration, a modest/great salary then a bonus based on yearly performance would safeguard the shareholders and the CEO. You have to learn the rules of the game. And then you have to play better than anyone else - Albert Einstein
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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doubletap wrote:Ericsson wrote:doubletap wrote:[quote=Esstiko]Any idea on Gitogo's sale of 11 million cic shares? https://www.businessdail...SXaud6M_NWxuPS-S9gu-5YI[/quote] A bit late to comment on this but just thought that directors of loss making public traded companies should not be given packages like all is well and leave the company worse off due to there poor decisions taken when they were in the driving seat. In my view think there remuneration should be based on yearly performance same way shareholders get dividends when the company does well. Then those salaries... etc. Tom Gitogo tried his best in turning around the company. Are you able to point out a poor decision he made.Plus that was the package he negotiated/was given when he was appointed. The decisions leading to the poor performance were made before Tom became ceo. Cannot point out what he has done as CEO but it is apparent the measures he did put in place did not achieve the goals hence my sentiments. Performance based remuneration, a modest/great salary then a bonus based on yearly performance would safeguard the shareholders and the CEO. He ventured the company into the quoted equities whose value on the balance sheet grew ten times. As for the others it was tough since the company had a corporate bond which they were paying annual interest of ksh.650mn. Then they had/have land assets yielding zero cashflow returns. They have pegged sale of them as key to turnaround strategy. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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Really enjoying the market,for a second time in 18 months KCB giving a handsome return,first i rode the interest rate repeal gain...sold early last year,got back in the 30s in the covid induced bear,now back to 50.
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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NSE20 set to reclaim the 2000 handle it lost in June 2020 this week. Next hurdle will be 3,000 last seen in Feb 2019. Long way ahead but as the political formations get clearer, so will the NSE20.  @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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cnn wrote:Really enjoying the market,for a second time in 18 months KCB giving a handsome return,first i rode the interest rate repeal gain...sold early last year,got back in the 30s in the covid induced bear,now back to 50. Memba's solid 98% PAT H1 2021 growth just gave the market the much needed spark. KCB will announce tomorrow after market close. Street estimates come in at 65-70% EPS growth. @SufficientlyP
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Sufficiently Philanga....thropic wrote:cnn wrote:Really enjoying the market,for a second time in 18 months KCB giving a handsome return,first i rode the interest rate repeal gain...sold early last year,got back in the 30s in the covid induced bear,now back to 50. Memba's solid 98% PAT H1 2021 growth just gave the market the much needed spark. KCB will announce tomorrow after market close. Street estimates come in at 65-70% EPS growth. kcb should give an interim to create more steam "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Sufficiently Philanga....thropic wrote:cnn wrote:Really enjoying the market,for a second time in 18 months KCB giving a handsome return,first i rode the interest rate repeal gain...sold early last year,got back in the 30s in the covid induced bear,now back to 50. Memba's solid 98% PAT H1 2021 growth just gave the market the much needed spark. KCB will announce tomorrow after market close. Street estimates come in at 65-70% EPS growth. KCB growth will be 100%+ Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Ericsson wrote:Sufficiently Philanga....thropic wrote:cnn wrote:Really enjoying the market,for a second time in 18 months KCB giving a handsome return,first i rode the interest rate repeal gain...sold early last year,got back in the 30s in the covid induced bear,now back to 50. Memba's solid 98% PAT H1 2021 growth just gave the market the much needed spark. KCB will announce tomorrow after market close. Street estimates come in at 65-70% EPS growth. KCB growth will be 100%+ It's just the LLP provisions which will be reduced. Towards the goal of financial freedom
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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Ericsson wrote:Sufficiently Philanga....thropic wrote:cnn wrote:Really enjoying the market,for a second time in 18 months KCB giving a handsome return,first i rode the interest rate repeal gain...sold early last year,got back in the 30s in the covid induced bear,now back to 50. Memba's solid 98% PAT H1 2021 growth just gave the market the much needed spark. KCB will announce tomorrow after market close. Street estimates come in at 65-70% EPS growth. KCB growth will be 100%+  Spot on.Net Earnings up 102% EPS growth 60% to 8.53. @SufficientlyP
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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Different combination of two men, with even more potential for harm. However the market is giving a peace dividend rally.God be with us
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: 6/23/2009 Posts: 13,503 Location: nairobi
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Different combination of two men, with even more potential for harm. However the market is giving a peace dividend rally.God be with us
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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