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Centum HY 2016 profit up 55% comprehensive income down 76%
enyands
#161 Posted : Monday, January 25, 2016 4:42:17 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
Ericsson wrote:
In summary;
Old Mutual owns 50% stake in the Mall
Centum owns 29% stake in the mall
AVIC 19.45%
ICDC 1.55%
Total shareholding in TRLC sums up to 100%.



Ericsson back it up. I did mine from simple link ya gazeti on prior page.
Thiong'o
#162 Posted : Thursday, January 28, 2016 4:23:11 PM
Rank: Member


Joined: 10/14/2011
Posts: 661

Two Rivers gets sentimental Vision 2030 project tag
http://www.nation.co.ke/.../-/fxec90z/-/index.html
Ericsson
#163 Posted : Thursday, January 28, 2016 4:39:00 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Adds no value
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
streetwise
#164 Posted : Thursday, January 28, 2016 4:53:18 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
They are still selling news remember ?
VituVingiSana
#165 Posted : Thursday, January 28, 2016 7:58:23 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,102
Location: Nairobi
Thiong'o wrote:

Two Rivers gets sentimental Vision 2030 project tag
http://www.nation.co.ke/.../-/fxec90z/-/index.html
What does that even mean? And help? Or just a useless 'award' for DJ to stick on his wall?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
enyands
#166 Posted : Thursday, January 28, 2016 9:21:55 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
Thiong'o wrote:

Two Rivers gets sentimental Vision 2030 project tag
http://www.nation.co.ke/.../-/fxec90z/-/index.html




another "main stream media charm offensive". these media guys I will never take them that serious. still remember how my friend jumped into goodlife sacco after a whole published page on Eastafrican standard about goodlife. the dude lost 2m+.

goodlife sacco


then later when hell broke loose,the same mainstream media had this

goodlife fraud

the final nail on the cross is this one
goodlife scam video
Thiong'o
#167 Posted : Saturday, January 30, 2016 11:06:57 AM
Rank: Member


Joined: 10/14/2011
Posts: 661
VituVingiSana wrote:
Thiong'o wrote:

Two Rivers gets sentimental Vision 2030 project tag
http://www.nation.co.ke/.../-/fxec90z/-/index.html
What does that even mean? And help? Or just a useless 'award' for DJ to stick on his wall?


The only social amenity that makes the cut is the proposed Two Rivers shopping mall under construction near the UN Complex in Nairobi —where the only ordinary folk ever likely to set foot there are the workers.


The idea that structures can transform a country is a delusion of an intellectually and morally bankrupt State elite.


Its preoccupation, besides stealing, is how to impress upon Europeans that they too have arrived. What we are looking at is inferiority complex. Hollow men.
http://mobile.nation.co....1/-/ycm311/-/index.html

Pesa Nane
#168 Posted : Monday, February 01, 2016 9:05:38 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Thiong'o wrote:
VituVingiSana wrote:
Thiong'o wrote:

Two Rivers gets sentimental Vision 2030 project tag
http://www.nation.co.ke/.../-/fxec90z/-/index.html
What does that even mean? And help? Or just a useless 'award' for DJ to stick on his wall?


The only social amenity that makes the cut is the proposed Two Rivers shopping mall under construction near the UN Complex in Nairobi —where the only ordinary folk ever likely to set foot there are the workers.


The idea that structures can transform a country is a delusion of an intellectually and morally bankrupt State elite.


Its preoccupation, besides stealing, is how to impress upon Europeans that they too have arrived. What we are looking at is inferiority complex. Hollow men.
http://mobile.nation.co....1/-/ycm311/-/index.html


Laughing out loudly
Pesa Nane plans to be shilingi when he grows up.
enyands
#169 Posted : Wednesday, February 03, 2016 3:25:37 AM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
Pesa Nane wrote:
Thiong'o wrote:
VituVingiSana wrote:
Thiong'o wrote:

Two Rivers gets sentimental Vision 2030 project tag
http://www.nation.co.ke/.../-/fxec90z/-/index.html
What does that even mean? And help? Or just a useless 'award' for DJ to stick on his wall?


The only social amenity that makes the cut is the proposed Two Rivers shopping mall under construction near the UN Complex in Nairobi —where the only ordinary folk ever likely to set foot there are the workers.


The idea that structures can transform a country is a delusion of an intellectually and morally bankrupt State elite.


Its preoccupation, besides stealing, is how to impress upon Europeans that they too have arrived. What we are looking at is inferiority complex. Hollow men.
http://mobile.nation.co....1/-/ycm311/-/index.html


Laughing out loudly



junk of everything -now wedding planning
Cornelius Vanderbilt
#170 Posted : Wednesday, February 03, 2016 7:08:39 AM
Rank: Member


Joined: 8/15/2015
Posts: 817
na hapa ndipo business ideas or lack of zimetufikisha

http://www.businessdaily...28/-/hb71qa/-/index.html
Gatheuzi
#171 Posted : Wednesday, February 03, 2016 7:36:42 AM
Rank: Veteran


Joined: 8/16/2009
Posts: 994



Cornelius Vanderbilt wrote:
na hapa ndipo business ideas or lack of zimetufikisha

http://www.businessdaily...8/-/hb71qa/-/index.html


It says Centum Foundation, so definitely not the company. I assume this is a CSR vehicle investing for a charitable course thus returns or lack thereof will not benefit shareholders; at least not directly.
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.
Pesa Nane
#172 Posted : Thursday, February 11, 2016 10:48:41 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
CFO = Samuel Kariuki, ex-PwC Kigali

Pesa Nane plans to be shilingi when he grows up.
mlennyma
#173 Posted : Wednesday, June 15, 2016 1:21:00 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Look at centum trading at 50 all the way from 39 when all people here were shouting negativity. my Faith in wazua remains subdued.let me sell half of it
"Don't let the fear of losing be greater than the excitement of winning."
target1360
#174 Posted : Wednesday, June 15, 2016 1:45:36 PM
Rank: Member


Joined: 5/14/2014
Posts: 288
Location: nairobi
mlennyma wrote:
Look at centum trading at 50 all the way from 39 when all people here were shouting negativity. my Faith in wazua remains subdued.let me sell half of it



wazuans are very much aware this play.problem is the risk that some one will be left holding a skeleton.
I find satisfaction in owning great business,not trading them
mlennyma
#175 Posted : Wednesday, June 15, 2016 1:51:43 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
target1360 wrote:
mlennyma wrote:
Look at centum trading at 50 all the way from 39 when all people here were shouting negativity. my Faith in wazua remains subdued.let me sell half of it



wazuans are very much aware this play.problem is the risk that some one will be left holding a skeleton.

I have sold some and made something whether this is what a skeleton is Iam happy
"Don't let the fear of losing be greater than the excitement of winning."
enyands
#176 Posted : Wednesday, June 15, 2016 4:28:36 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
mlennyma wrote:
target1360 wrote:
mlennyma wrote:
Look at centum trading at 50 all the way from 39 when all people here were shouting negativity. my Faith in wazua remains subdued.let me sell half of it



wazuans are very much aware this play.problem is the risk that some one will be left holding a skeleton.

I have sold some and made something whether this is what a skeleton is Iam happy


Mlennyma with all the due respect, centum has disobeyed the laws of gravity because of one simple trick that most wazuans never saw it coming. If the said constants remained intact it should have followed a downward gravity trend.


It went against the expectation by announcing dividends that's it. This was out of the blues and nobody knew it was cooking in DJs head.this sparked a rally. But the dust will settle soon.just sold all my 8k.nothing left for me here.
researchfirst
#177 Posted : Wednesday, June 15, 2016 4:44:10 PM
Rank: Member


Joined: 2/24/2015
Posts: 154
Location: Nairobi
enyands wrote:
mlennyma wrote:
target1360 wrote:
mlennyma wrote:
Look at centum trading at 50 all the way from 39 when all people here were shouting negativity. my Faith in wazua remains subdued.let me sell half of it



wazuans are very much aware this play.problem is the risk that some one will be left holding a skeleton.

I have sold some and made something whether this is what a skeleton is Iam happy


Mlennyma with all the due respect, centum has disobeyed the laws of gravity because of one simple trick that most wazuans never saw it coming. If the said constants remained intact it should have followed a downward gravity trend.


It went against the expectation by announcing dividends that's it. This was out of the blues and nobody knew it was cooking in DJs head.this sparked a rally. But the dust will settle soon.just sold all my 8k.nothing left for me here.


Mlennyma, as the saying goes, let your winners run. Centum is undervalued, not just by most wazuans, but by a lot of others as well. Run the numbers and you will see this stock still has a lot of room to run. As for being greedy, of course you should be greedy. Why are we investors? For the interesting conversations on this forum? No. To make money.
mlennyma
#178 Posted : Wednesday, June 15, 2016 8:37:29 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
researchfirst wrote:
enyands wrote:
mlennyma wrote:
target1360 wrote:
mlennyma wrote:
Look at centum trading at 50 all the way from 39 when all people here were shouting negativity. my Faith in wazua remains subdued.let me sell half of it



wazuans are very much aware this play.problem is the risk that some one will be left holding a skeleton.

I have sold some and made something whether this is what a skeleton is Iam happy


Mlennyma with all the due respect, centum has disobeyed the laws of gravity because of one simple trick that most wazuans never saw it coming. If the said constants remained intact it should have followed a downward gravity trend.


It went against the expectation by announcing dividends that's it. This was out of the blues and nobody knew it was cooking in DJs head.this sparked a rally. But the dust will settle soon.just sold all my 8k.nothing left for me here.


Mlennyma, as the saying goes, let your winners run. Centum is undervalued, not just by most wazuans, but by a lot of others as well. Run the numbers and you will see this stock still has a lot of room to run. As for being greedy, of course you should be greedy. Why are we investors? For the interesting conversations on this forum? No. To make money.

would you also say britam is disobeying gravity after all the wazua negative talk and many saying the only way is down??today i saw very big britam unfilled buy orders at 15
"Don't let the fear of losing be greater than the excitement of winning."
researchfirst
#179 Posted : Wednesday, June 15, 2016 10:58:56 PM
Rank: Member


Joined: 2/24/2015
Posts: 154
Location: Nairobi
mlennyma wrote:
researchfirst wrote:
enyands wrote:
mlennyma wrote:
target1360 wrote:
mlennyma wrote:
Look at centum trading at 50 all the way from 39 when all people here were shouting negativity. my Faith in wazua remains subdued.let me sell half of it



wazuans are very much aware this play.problem is the risk that some one will be left holding a skeleton.

I have sold some and made something whether this is what a skeleton is Iam happy


Mlennyma with all the due respect, centum has disobeyed the laws of gravity because of one simple trick that most wazuans never saw it coming. If the said constants remained intact it should have followed a downward gravity trend.


It went against the expectation by announcing dividends that's it. This was out of the blues and nobody knew it was cooking in DJs head.this sparked a rally. But the dust will settle soon.just sold all my 8k.nothing left for me here.


Mlennyma, as the saying goes, let your winners run. Centum is undervalued, not just by most wazuans, but by a lot of others as well. Run the numbers and you will see this stock still has a lot of room to run. As for being greedy, of course you should be greedy. Why are we investors? For the interesting conversations on this forum? No. To make money.

would you also say britam is disobeying gravity after all the wazua negative talk and many saying the only way is down??today i saw very big britam unfilled buy orders at 15


Disobeying gravity? No. It is a false premise. The wazuans arguing that the only way was/is down for Britam have been proven wrong over and over again. It is a solid company with good prospects, as I have said many times in that thread. This Munga investment news, that he is placing a huge bet on the future of the company, only reinforces my opinion that the stock will hit 18 this year. The problem with many wazuans is that they love to tear down, but they don't like to do analysis. They fail to recognize that Centum and Britam are building foundations that are solid, that will make them into dominant African companies. In Centum's case, they are building the capacity to develop projects that are unprecedented in East Africa. There is plenty of money here (and willing to come here), but not plenty of capacity. If Centum builds the latter, they will capture more than their share of the former. In Britam's case, their investment in IT and regional expansion, among other things, is putting them at the tip of the innovation sword for insurers in the region. South African and Nigerian companies dominate insurance in Africa presently, but I believe Britam will displace many of them as market leaders from Uganda to Malawi. Even marginal increases in insurance penetration rates in the region and/or underwriting efficiencies make Britam into a cash machine.

Now, wait for the haters to attack my post with comments on Kirubi, Mworia, Munga and Wairegi, with complaints that all Kenyans are thieves, etc., but never with numbers, never with valuations and never with substance. Let them. As they do so, I will be making money.



Spikes
#180 Posted : Wednesday, June 15, 2016 11:55:57 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
researchfirst wrote:
mlennyma wrote:
researchfirst wrote:
enyands wrote:
mlennyma wrote:
target1360 wrote:
mlennyma wrote:
Look at centum trading at 50 all the way from 39 when all people here were shouting negativity. my Faith in wazua remains subdued.let me sell half of it



wazuans are very much aware this play.problem is the risk that some one will be left holding a skeleton.

I have sold some and made something whether this is what a skeleton is Iam happy


Mlennyma with all the due respect, centum has disobeyed the laws of gravity because of one simple trick that most wazuans never saw it coming. If the said constants remained intact it should have followed a downward gravity trend.


It went against the expectation by announcing dividends that's it. This was out of the blues and nobody knew it was cooking in DJs head.this sparked a rally. But the dust will settle soon.just sold all my 8k.nothing left for me here.


Mlennyma, as the saying goes, let your winners run. Centum is undervalued, not just by most wazuans, but by a lot of others as well. Run the numbers and you will see this stock still has a lot of room to run. As for being greedy, of course you should be greedy. Why are we investors? For the interesting conversations on this forum? No. To make money.

would you also say britam is disobeying gravity after all the wazua negative talk and many saying the only way is down??today i saw very big britam unfilled buy orders at 15


Disobeying gravity? No. It is a false premise. The wazuans arguing that the only way was/is down for Britam have been proven wrong over and over again. It is a solid company with good prospects, as I have said many times in that thread. This Munga investment news, that he is placing a huge bet on the future of the company, only reinforces my opinion that the stock will hit 18 this year. The problem with many wazuans is that they love to tear down, but they don't like to do analysis. They fail to recognize that Centum and Britam are building foundations that are solid, that will make them into dominant African companies. In Centum's case, they are building the capacity to develop projects that are unprecedented in East Africa. There is plenty of money here (and willing to come here), but not plenty of capacity. If Centum builds the latter, they will capture more than their share of the former. In Britam's case, their investment in IT and regional expansion, among other things, is putting them at the tip of the innovation sword for insurers in the region. South African and Nigerian companies dominate insurance in Africa presently, but I believe Britam will displace many of them as market leaders from Uganda to Malawi. Even marginal increases in insurance penetration rates in the region and/or underwriting efficiencies make Britam into a cash machine.

Now, wait for the haters to attack my post with comments on Kirubi, Mworia, Munga and Wairegi, with complaints that all Kenyans are thieves, etc., but never with numbers, never with valuations and never with substance. Let them. As they do so, I will be making money.





Britam Malawi(Real insurance) I think was closed following persistent losses. It was Real insurance which Britam (K) acquired 2014 that invigorated the share price to 40/-, the highest in this insurer's history. Britam abroad like in Kenya is facing unprecedented challenges from old folks, unable to steer change, at the helm . A paltry dividend announced recently of mere kes 0.30 was to blindfold the investors and speculators alike when financial statements were slapped and bled with staggering loss of more than 50% under. Now comes a purchase of 23% stake of the Mauritian fugitive Dawood Rawat who has till today filed a suit in the international court seeking compensation up to $1 billion from his government for illegal seizure of his assets following claims of running Ponzi pyramid scheme. It is not clear how the sword of justice will rip off the activities of the parties involved in this stake most likely sending panic ripples across the owners of the troubled establishment. The only room left for accommodation in this counter is speculation. Lets sit and watch how events keep unfolding.

John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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