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UNGA anyone?
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VituVingiSana
#201 Posted : Wednesday, July 21, 2010 9:22:41 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
In IMHO... unless I say so... please don't attribute any actions to me... I am critical of the NSE, CMA & GoK in how they handle financial matters.

They could/should do much better but do not. I have tried & offered suggestions to NSE & CMA but they were ignored in favour of what brokers wanted.

Not everyone 'likes' criticism. I keep my nose clean. I don't want the CMA coming after me on a spurious charge/accusation.

Am I being Paranoid? YES. [Read Andy Grove of Intel's book Only The Paranoid Survive]
Why? I don't have the time for such hassles.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the deal
#202 Posted : Wednesday, July 21, 2010 9:53:17 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@VVS an apology to @Sparkly will be good...thoz were harsh words for the young man...LOL...
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guru267
#203 Posted : Thursday, July 22, 2010 12:20:48 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@VVS i know there is a risk but only if you use your personal email to register for wazua....
Mark 12:29
Deuteronomy 4:16
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qw25041985
#204 Posted : Thursday, July 22, 2010 12:34:17 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@vvs . U arnt a celebrity. Lol. Lol. Email address hav a sence of annonyminity ..... So chillax .
Your future depends on your dreams so go to sleep !
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qw25041985
#205 Posted : Thursday, July 22, 2010 3:01:59 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
Its quite evident that somebody has been trying to excite this Ugali. Too bad it didnt work.......i still dnt understand why people ar rushing for this illiquid counter . Kwani Warren Buffet - for those who take him so seriously - would advocate for that !!!!!!!! Once again the herd mentality has kickd in but as 4 me i watch from the sidelines and see the speculators getting whippd by Unga.
Your future depends on your dreams so go to sleep !
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Horton
#206 Posted : Thursday, July 22, 2010 11:08:11 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
And we're back down to 12
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youcan'tstopusnow
#207 Posted : Thursday, July 22, 2010 11:55:17 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
qw, Buffett wouldn't just buy a few shares in Unga, he'd buy the whole company if he knew about it.
GOD BLESS YOUR LIFE
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Horton
#208 Posted : Thursday, July 22, 2010 12:05:34 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
qw25041985 wrote:
Its quite evident that somebody has been trying to excite this Ugali. Too bad it didnt work.......i still dnt understand why people ar rushing for this illiquid counter . Kwani Warren Buffet - for those who take him so seriously - would advocate for that !!!!!!!! Once again the herd mentality has kickd in but as 4 me i watch from the sidelines and see the speculators getting whippd by Unga.



For once I'm wid u on this one qw! Unga guys...??! REALLY.,?!?! Too much competition, low margins, overvalued assets, therefore giving a high NAV, it's best days are behind it. I think the only thing that would make this thing jump is a general market euphoria.

Buffett would never touch such a non-monopolistic company characterized by low margins, exorbitant management fees and always subject to controversy.

Then again thoughts of one man...as they say in investing do as u please and good luck.
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the deal
#209 Posted : Thursday, July 22, 2010 12:22:16 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Contrary Unga's hey days may be upon us...this counter is way undervalued...Book value of Unga is 40 bob...Forward PE is 4...remember what affects Unga affects Kenya in general...if theres drought MSC,the Agrics,CMC,KPLC even Banks wont perform...the whole economy will tank...Ruto is no more Agriculture Minister i expect less maize scandals...and yes if Warren Buffet heard of Unga he will buy whole of it...
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mukiha
#210 Posted: : Thursday, July 22, 2010 1:35:05 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
OK, I'll send him an email about UNGA...heh...heh...heh...heh...heh...heh
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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