Manze this counters hav been frozen pendin settlement of takeover of carbacid by BOC.... Plus there's a court case regardin the same! Yaani huna copy?! Wow!

'..and it came to pass..' so did we!
This market will probably outlive us. Wacha pupa!!u can't have it all.

2009 results;
EPS = 22.63,up from 14.72 in 2008

DPS = Sh15; up from Sh10

Bonus share issue,2 for every one held....

When this share comes back,it will go through the roof.

It was suspended at 173; it will definitely touch 200[XB,XD] or 600[CB,CD].

I guess it was well worth the wait.

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

When will the supension be lifted?

Between BOC and Carbacid,which is the stronger company?

@Chaka

v Currently and for the next one year,Carbacid is far superior to BOC

v However,after an year,a lot might change if BOC will start their own CO2 production line

v If BOC however consummates the previously attempted marriage,then,BOC will be super charged.

v On the other hand,Matiba and associates are now out of Carbacid,so expect it to move swiftly without the baggage.

v Centum now has over 20% shareholding,I don’t know whether that is a plus or a negative.

@Mukiha

v I thought Carbacid was suspended at 137 and not 173.

v I have always looked upon you for precise data.

v I equated Mukiha to a Stocks Guru.

v Man,what’s up?



>>>>>>It saves you hell if you treat new acquaintances as enemies consistently until each proves otherwise or confirms - Jsanchiazh. >>>>>>>In life,there are three classes of people,those who make things happen,those who watch things happen and those who ask what happened. Where do you fall?

Indeed Carbacid was suspended at a price of Kshs 137. The historical PE ratio for most companies on the NSE is currently ranging around 10. I would therefore expect Carbacid to trade at a price of about 220 based on 2008/9 results. There could however be some premium due to the quadruple whammy of:

1. The long period of suspension;

2. The bonus issue and special dividend;

3. The healthy increase in profitability;

4. The small free float.

Rumours in the market were that Centum purchased their block at a price of Kshs 160. If that is indeed correct,I would say that they made a brilliant purchase. With the dividend flow from Carbacid,EABL,the CocaCola bottlers etc,they will easily be able to service interest on their corporate bond or bank loans (whichever route they opt to take).




Opportunity calls but few respond.

@mukiha,my point exactly. The shape changes,not the size. There should be no revaluation (of the company)whether it is a bonus or split,but the values of the shares should be revalued - DOWNWARDS.

As pointed out earlier... a bonus or split does NOT change much in a firm especially a manufacturing firm (banks are different)...
***__*** Bonus - Its like a house... you increase the size of one room (Share Capital) by reducing another (Retained Earnings).
***___**** Splits - If you have a house representing 'Share Capital' then a split creates more (smaller) rooms while leaving the house the same size...


Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB

skerians,what bid would you put for carbacid? last close was 137,dividend in Dec will be 10 bob,an interim of 5 bob paid already.How fast can BOC encroach on their business and how much will that affect carbacid?

see it through my lens?

In 12 hours,the truth shall be revealed

Don't forget that the 10% rule will be suspended tomorrow

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

Big money will be out to catch part of the action...........but i would put a 'BUYERS BE WARE' tag at 300 and above.

Old man about town....