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Taking positions for 2010
VituVingiSana
#31 Posted : Thursday, January 07, 2010 8:25:56 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@kizee - S&L was never as active at soliciting for deposits... The idea of it being merged into KCB has been around for at least 2 years.

So the question of S&L being in 'trouble' are not valid... It was cheaper for the parent (KCB) to solicit for deposits which were on-lent to S&L.

HFCK is a different case since Equity owns 20%... it needs to find its own deposits... and if Equity were to buy 100% of HFCK (a distinct possibility in 2-3 years)... you will see it merged into Equity as well as a 'division'.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
kizee
#32 Posted : Thursday, January 07, 2010 8:30:34 AM
Rank: Member

Joined: 1/9/2008
Posts: 537
@vvs-s&l were never activ at mobilising depos becoz they cud always lean on their parent as for the inter group transfer pricing of depos...why then wud s&l operate as an independent entity? and thats why i stated that the merger was a realization of the obvious..that s&l was a defacto division/department within kcb..
VituVingiSana
#33 Posted : Thursday, January 07, 2010 9:17:11 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
KQ just touched 38/-... one of my picks but I am looking for 42/-... at least...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
cnn
#34 Posted : Thursday, January 07, 2010 10:38:05 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
@vvs
this could easily haul to 50
VituVingiSana
#35 Posted : Thursday, January 07, 2010 10:45:34 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@cnn - I would be very happy... LOL... I am looking at 42/- as a minimum...

KQ announces passenger numbers for 3Q (Oct-Dec 2009) after 30 Jan but final numbers (financial) are due 30 May.

KQ said (during AGM) that they are waiting for 'new' planes in 2010 but only if they get what they need/want.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#36 Posted : Thursday, January 07, 2010 10:48:22 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
KQ @ 38.25 for 20k shares. Demand is picking up.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Wendz
#37 Posted : Thursday, January 07, 2010 11:35:28 AM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
I think the other factor benefiting HF is their new pension-backed mortgage in connection with Britak... that could have given some boost as there is alot of pension funds being held up with the fund managers and employers which can not be accessed until late in the contributor's life.
sparkly
#38 Posted : Thursday, January 07, 2010 1:25:26 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
...And the biggest gainer today is SGL
sparkly wrote:
Looks like 2010 will be a fast and furious year. The major US indices are up while the NSE seems to be gaining steam. The medium and small caps still have mileage in them. thinking that kakuzi, standard group, cables, berger will also have a mini-run soon.
Life is short. Live passionately.
VituVingiSana
#39 Posted : Thursday, January 07, 2010 3:09:07 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
SGL has been a disappointment for me (versus Nation)... Do they have staying power thru 2010?

Election years are good since people buy more papers... and watch more TV (ad rates)...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Wa_ithaka
#40 Posted : Thursday, January 07, 2010 9:14:18 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
If u bought Equity when it was Ksh12.90, you'll smile in 2010.
The Governor of Nyeri - 2017
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