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Scangroup FY up 53%
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mlennyma
#11 Posted : Wednesday, April 18, 2012 3:34:28 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Its a dude who thought he could create artificial panic.
"Don't let the fear of losing be greater than the excitement of winning."
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mlennyma
#12 Posted : Wednesday, April 18, 2012 3:47:44 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
By joining the billion club,and taking over africa,i can only sell at past 100
"Don't let the fear of losing be greater than the excitement of winning."
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2012
#13 Posted : Wednesday, April 18, 2012 4:40:35 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
mlennyma wrote:
By joining the billion club,and taking over africa,i can only sell at past 100


Won't get to 100 with dividends of 70cts.
But if you want to know whether to invest in a service business, have a chat with some employees first.

BBI will solve it :)
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  | | Edit by user: Wednesday, April 18, 2012 4:43 PM | Reason: Not specified
muganda
#14 Posted : Wednesday, April 18, 2012 4:59:38 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
I own a bit of the counter. But the question I'm asking myself is, what is the allure? Just OK results if you ask me, PE-20 Yield-1.4% Growth-53%, but maybe at a subconcious level I picture SCAN as a beautiful model d'oh!

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  | | Edit by user: Wednesday, April 18, 2012 5:00 PM | Reason: Not specified
FUNKY
#15 Posted : Thursday, April 19, 2012 8:23:36 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
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the deal
#16 Posted : Thursday, April 19, 2012 10:42:46 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Scan Group FY 2011: Below Market Expectations


Link http://www.contrarianinv...elow-market-expectations
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Gatheuzi
#17 Posted : Thursday, April 19, 2012 12:04:43 PM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
They sold the GOK securities which they held of 265M. The cash position is still strong 2.6b. Current ratio of 2 is also not bad.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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