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Aguytrying
#51 Posted : Monday, February 01, 2016 1:59:41 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
heri wrote:
Ericsson wrote:
Kenya Re has cushioned itself by investing heavily in government securities which will even out the drop in value of securities of NSE.
Quoted equities in the NSE comprises 10% of the total assets


Thanks. I see it has gone below 20s but i guess it maybe a good opportunity to buy then


The honeymoon of above 20 seems to be over for now
The investor's chief problem - and even his worst enemy - is likely to be himself
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Realtreaty
#52 Posted : Monday, February 01, 2016 2:18:40 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
Nope, a profit warning does not mean a firm will have nothing for the investor. Most likely it goes for three , Nothing at all, Flat dividend, lower or even higher dividend and lastlytime to offer a bonus or right issues to make the stock more liquid.
Let us not be always negative and scared to rush and sell good stock. I still feel Britam is good, its only the effects of govts.
Say with the low petroleum prices it is time Kenya built more roads as butimen price is as well low and tarmac Nrb -Limuru 114 and 115 roads, re-furbish city roads etc like moi avenue, kenyatta, Tom Mboya etc.
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Obi 1 Kanobi
#53 Posted : Monday, February 01, 2016 3:51:44 PM
Rank: Elder

Joined: 7/23/2008
Posts: 3,017
I think Kenyans have finally realized that shareholder value means nothing to directors of most listed entities that lack strong vested interests of multinationals.

People have lost big time as a result of poorly managed companies, starting with KQ, Mumias, Uchumi, CMC etc. If anything, it seems to be getting worse.

I would be curious to find out how directors on these boards are faring financially during these lean times

What is wrong with the African/Kenyan
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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kenyariri
#54 Posted : Monday, February 01, 2016 4:07:54 PM
Rank: New-farer

Joined: 11/23/2011
Posts: 15
I strongly feel that Directors and Senior managers should be made to own substantial number of shares in companies (public listed) which they direct. That way, they will feel where the show hurts when they mismanage. I was surprised to know that i own more shares than the KQ_mbugua guy!
Sophisticated investors ignore the noise and concentrate on the intrinsic value of an asset
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enyands
#55 Posted : Monday, February 01, 2016 5:07:13 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
kenyariri wrote:
I strongly feel that Directors and Senior managers should be made to own substantial number of shares in companies (public listed) which they direct. That way, they will feel where the show hurts when they mismanage. I was surprised to know that i own more shares than the KQ_mbugua guy!



Some of these guys don't care even if you give them shares. All they care about is tenders to their own company's. They will rake more than shares. Awarding shares is more feasible in transparent countries or organisation where tendering is handled by external company or office. But as long as the shareholder has some influence on tendering, then that can be a challenge. Rumors has it that one of billionaires in kenya has an investment company listed that is hyped alot. But all the supplies and contracts are awarded to families.the value of money going to family is much more than his shares holding in that entity! !
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Mike Ock
#56 Posted : Monday, February 01, 2016 7:23:14 PM
Rank: Member

Joined: 1/22/2015
Posts: 682
No wonder Safaricom can never give a Kenyan the CEO post. I can only imagine what a guy can do with all those tenders
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obiero
#57 Posted : Monday, February 01, 2016 8:06:18 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Thiong'o wrote:
dunkang wrote:
snipermnoma wrote:
Boris Boyka wrote:
FY 2015
1. Home Afrika
2. SGL
3. Express
4. Crown Paints
5. E A Cables
6. Sameer Africa
7. Britam
8. KQ
9. Mumias
10. Uchumi
11. C & G

Have i forgoten any or wrongly included some?


12. TPS
13. BOC
14. Atlas
15. ARM
16. StanChart

17. Pan African Insurance
18. Liberty
19.


Liberty Holdings pushes number of NSE profit warnings to 18
1. Pan Africa Holdings,
2. Britam,
3. UAP Holdings
4. Express Kenya,
5. Standard Group,
6. Sameer Africa,
7. Atlas Development,
8. BOC Gases,
9. TPS Eastern Africa,
10. Crown Paints,
11. Standard Chartered,
12. Uchumi Supermarkets,
13. ARM Cement,
14. Mumias Sugar,
15. Car & General
16. East African Cables.
17. Liberty Kenya Holdings
http://www.businessdaily...4/-/emnv4d/-/index.html
Missing from Authors list…
1. Home Afrika
2. KQ

Not adding to 18?

KQ has not issued a profit warning and Kenya Re will take time to get back to 20

KQ ABP 4.26
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MaichBlack
#58 Posted : Monday, February 01, 2016 8:11:05 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
Mike Ock wrote:
No wonder Safaricom can never give a Kenyan the CEO post. I can only imagine what a guy can do with all those tenders

My friend, with the Structures/systems at Safcom even Ciano hawesmake.

Unless of course the systems are dismantled - which will be a challenge.
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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watesh
#59 Posted : Monday, February 01, 2016 8:28:58 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Mike Ock wrote:
No wonder Safaricom can never give a Kenyan the CEO post. I can only imagine what a guy can do with all those tenders

I hope they never do in the near term
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Othelo
#60 Posted : Monday, February 01, 2016 9:13:41 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
MaichBlack wrote:
Mike Ock wrote:
No wonder Safaricom can never give a Kenyan the CEO post. I can only imagine what a guy can do with all those tenders

My friend, with the Structures/systems at Safcom even Ciano hawesmake.

Unless of course the systems are dismantled - which will be a challenge.

I thought there was a Commercial Director was was sacked becuase of tendering issues at Safcom less than 2 years ago?
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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