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Kenya Stocks Quite Cheap
Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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Realtreaty wrote:dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Heheheheheeeeeeeeeeeeeeeeeeeeee, do not use the same word to deny another or to tell another....English-English.....(Value= price, cost, worth, charge, rate, use, merit ,profit etc.) You have the right to find information on my view before assuming that its Juvenile...etc. I think its reason we buy foreign products for our own use than buy locally. Our Market in any terms is very small.Find out how many shares are capitalised in BAT UK first, then we can argue. A better way to look at this things is the P/E. From my simple Googling, i have noted that BAT (UK) trades at a P/E of 15.1164 (ttm) and BAT (K) is trading at 16.32 (ttm), so whatever is it you are saying doesn't HOLD water. On the english language bit, i agree with you that both words may mean the same in plain English definition, but when it comes to "professional" definition, MBOSS, they do not necessarily mean the same! CHILL BWANA, AT LEAST YOU WITNESS A WINTER WORLD CUP!!!!!! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 8/16/2011 Posts: 2,388
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dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Heheheheheeeeeeeeeeeeeeeeeeeeee, do not use the same word to deny another or to tell another....English-English.....(Value= price, cost, worth, charge, rate, use, merit ,profit etc.) You have the right to find information on my view before assuming that its Juvenile...etc. I think its reason we buy foreign products for our own use than buy locally. Our Market in any terms is very small.Find out how many shares are capitalised in BAT UK first, then we can argue. A better way to look at this things is the P/E. From my simple Googling, i have noted that BAT (UK) trades at a P/E of 15.1164 (ttm) and BAT (K) is trading at 16.32 (ttm), so whatever is it you are saying doesn't HOLD water. On the english language bit, i agree with you that both words may mean the same in plain English definition, but when it comes to "professional" definition, MBOSS, they do not necessarily mean the same! CHILL BWANA, AT LEAST YOU WITNESS A WINTER WORLD CUP!!!!!! Phew!!!!!You are simply saying $2=Kes2!!!!!.That would be a Jua Kali profession!!!. If you re-read my first edit slowly and comprehend it you will UNDERSTAND my simple theory.
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Rank: Elder Joined: 7/22/2009 Posts: 7,869
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It's official!! @Realtreaty will never get the point as simple as it is. It doesn't matter how much simpler you try to make it. Dude doesn't even know what P/E is!! Even the example of splitting the BAT share explained in the simplest possible terms by @Aguytrying is too difficult for him to grasp! Let's just let him be. In the meantime he can be buying all the shares below 50/= starting with paka! There should be a law to protect such fellows' money from them! Eish!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: New-farer Joined: 1/3/2014 Posts: 32
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The 1st paragraph seems to support this theory- Change `cheap' to `undervalued' http://www.standardmedia...k-buoyed-by-foreign-buys
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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Realtreaty wrote:dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Heheheheheeeeeeeeeeeeeeeeeeeeee, do not use the same word to deny another or to tell another....English-English.....(Value= price, cost, worth, charge, rate, use, merit ,profit etc.) You have the right to find information on my view before assuming that its Juvenile...etc. I think its reason we buy foreign products for our own use than buy locally. Our Market in any terms is very small.Find out how many shares are capitalised in BAT UK first, then we can argue. A better way to look at this things is the P/E. From my simple Googling, i have noted that BAT (UK) trades at a P/E of 15.1164 (ttm) and BAT (K) is trading at 16.32 (ttm), so whatever is it you are saying doesn't HOLD water. On the english language bit, i agree with you that both words may mean the same in plain English definition, but when it comes to "professional" definition, MBOSS, they do not necessarily mean the same! CHILL BWANA, AT LEAST YOU WITNESS A WINTER WORLD CUP!!!!!! Phew!!!!!You are simply saying $2=Kes2!!!!!.That would be a Jua Kali profession!!!. If you re-read my first edit slowly and comprehend it you will UNDERSTAND my simple theory.  Kijana, P/E is a ratio and does not matter whether its USDollars, ZimDollars etc! I give up on you now, if even the basics are hard to grasp!!!!! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: User Joined: 9/6/2013 Posts: 1,446 Location: In a house
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dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Heheheheheeeeeeeeeeeeeeeeeeeeee, do not use the same word to deny another or to tell another....English-English.....(Value= price, cost, worth, charge, rate, use, merit ,profit etc.) You have the right to find information on my view before assuming that its Juvenile...etc. I think its reason we buy foreign products for our own use than buy locally. Our Market in any terms is very small.Find out how many shares are capitalised in BAT UK first, then we can argue. A better way to look at this things is the P/E. From my simple Googling, i have noted that BAT (UK) trades at a P/E of 15.1164 (ttm) and BAT (K) is trading at 16.32 (ttm), so whatever is it you are saying doesn't HOLD water. On the english language bit, i agree with you that both words may mean the same in plain English definition, but when it comes to "professional" definition, MBOSS, they do not necessarily mean the same! CHILL BWANA, AT LEAST YOU WITNESS A WINTER WORLD CUP!!!!!! Phew!!!!!You are simply saying $2=Kes2!!!!!.That would be a Jua Kali profession!!!. If you re-read my first edit slowly and comprehend it you will UNDERSTAND my simple theory. Kijana, P/E is a ratio and does not matter whether its USDollars, ZimDollars etc! I give up on you now, if even the basics are hard to grasp!!!!! Tell him, P/E is a ratio of two same units making it have no unit since the units cancel out. So if the share price is KSh. 100 and earning/share(another ratio) is KSh. 10, then P/E(Price per earning) is Ksh.100/ KSh.10 = 10. Realtreaty remember back in primary, what happens to the numerator happens to the denominator, yes, that's what happens here. The currency signs cancel out. To the second ratio, earning per share, this one is in unit form(currency). If a company has 100 shares(no unit here) and it has earnings(net income or profits) of Ksh. 10,000(unit here) in a specific financial period then it's earning per share becomes KSh.10,000/100 = KSh. 100. Reference for further learning, THE FINANCIAL EDUCATION THREAD,. I will not give up on you, nitakuelemisha hata kwa kiboko. If our teachers gave up on us back in the day, most of us would not be be where are currently.
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Rank: Member Joined: 11/15/2010 Posts: 455 Location: Nairobi
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And what does 'Market portfolio value after haircut ' means ....He who began a good work in you will carry it on to completion..
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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Portfolio after haircut? Its nothing to bother you much. This link will help you better. http://wazua.co.ke/forum.aspx?g=posts&t=11414 Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 8/16/2011 Posts: 2,388
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urstill1 wrote:dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:dunkang wrote:Realtreaty wrote:Yes, kenyan stocks are very cheap and reason outsiders are flooding in to buy cheaply and make profit. The more international companies open offices and tradehubs in kenya the more they will buy local companies, turn them upside and make more products and profits. Think why Vodafone still retains the 40% of Safcom and would buy it up to 80% if Govt allowed them. barclays kenya @17-18 Kes if compared to same Barclays stock in USA or UK is just 1/32 but may be making a profit. The Most dear stock in kenya is the BAT at 600 equivalent to $7.50. Compare this with BAT stock in UK and you find its a peanut price at $103. But we still say the price is high. So i would say any stock under 50 Kes is a gift to buy if the company is making a profit every year for now. Mboss, look at the value of the share not the price of the share. It would be 1,000,000,000 shares each $7.50 compared to 1,000,000 shares each $103.00. VALUE NOT PRICE. Heheheheheeeeeeeeeeeeeeeeeeeeee, do not use the same word to deny another or to tell another....English-English.....(Value= price, cost, worth, charge, rate, use, merit ,profit etc.) You have the right to find information on my view before assuming that its Juvenile...etc. I think its reason we buy foreign products for our own use than buy locally. Our Market in any terms is very small.Find out how many shares are capitalised in BAT UK first, then we can argue. A better way to look at this things is the P/E. From my simple Googling, i have noted that BAT (UK) trades at a P/E of 15.1164 (ttm) and BAT (K) is trading at 16.32 (ttm), so whatever is it you are saying doesn't HOLD water. On the english language bit, i agree with you that both words may mean the same in plain English definition, but when it comes to "professional" definition, MBOSS, they do not necessarily mean the same! CHILL BWANA, AT LEAST YOU WITNESS A WINTER WORLD CUP!!!!!! Phew!!!!!You are simply saying $2=Kes2!!!!!.That would be a Jua Kali profession!!!. If you re-read my first edit slowly and comprehend it you will UNDERSTAND my simple theory. Kijana, P/E is a ratio and does not matter whether its USDollars, ZimDollars etc! I give up on you now, if even the basics are hard to grasp!!!!! Tell him, P/E is a ratio of two same units making it have no unit since the units cancel out. So if the share price is KSh. 100 and earning/share(another ratio) is KSh. 10, then P/E(Price per earning) is Ksh.100/ KSh.10 = 10. Realtreaty remember back in primary, what happens to the numerator happens to the denominator, yes, that's what happens here. The currency signs cancel out. To the second ratio, earning per share, this one is in unit form(currency). If a company has 100 shares(no unit here) and it has earnings(net income or profits) of Ksh. 10,000(unit here) in a specific financial period then it's earning per share becomes KSh.10,000/100 = KSh. 100. Reference for further learning, THE FINANCIAL EDUCATION THREAD,. I will not give up on you, nitakuelemisha hata kwa kiboko. If our teachers gave up on us back in the day, most of us would not be be where are currently. Yes, 2 goats divided by two goats = goatless, that what we learnt in pre-unit. Your teacher forgot to tell you the where he got his Ratios from. "A ratio is a relationship between two numbers of the same kind". Catch the words of the "same kind". You just assuming you are clever where you are not buddy. For more of what I know Visit the similar orientation from what appears now in the standard business column.....Reads... KENYA: Nairobi Securities Exchange (NSE) experienced a beehive of activities over the last five days with foreign investors scrambling for a share of the market, which observers opine is highly undervalued. Increased buying of shares by foreign investors saw the NSE 20-Share index cross the 5,000 points psychological mark on Wednesday with analysts projecting the bullish momentum to be sustained in the short-term. “I think the overwhelming interest we are seeing in the market is being driven by positive expectations of the country’s economic performance this year,” said Geoffrey Odundo, Managing Director and Chief Executive of Kingdom securities Ltd, a subsidiary of the Co-operative Bank of Kenya.
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Rank: Elder Joined: 7/22/2009 Posts: 7,869
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Eish! I now agree. Teachers should get a salary hike. Some students might make a teacher consider committing suicide! Imagine 5 such students in your class! And you have to meet them everyday!! Shida tupu!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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