By the end of February 2012,the following two companies require a close watch for short term investors:

1. Kenol Kobil

Management has already stated that results will be released on 28th Feb. It had earlier informed investors that KK was on track to meet its 2011 net profit target of $ 35M (about Ksh 2.9B).
This means the EPS for 2011 should be in the range of Ksh 2.00. I expect a total dividend for 2011 to be Ksh 1.00 (thus a second and final dividend of Ksh 0.43).

At an estimated EPS of Ksh 2, the company is trading at a P/E of about 5. Post results (March 2011), the share should touch the Ksh 12 levels.

2. KCB

Based on Q3 results, i expect the company to report EPS in the range of Ksh 2.90 - 3.00. A dividend of Ksh 1.50 is highly likely.

A price of Ksh 21-22 by end of March looks likely.

This two represent companies that can deliver 10-15 % capital gains within the next 30 days.

Happy Hunting.

1.50 would mean a pay out of 4.5b, that wouldn't be wise especially at a time when fixed depos are paying almost 20%. If I'm KCB I'd look for ways of convincing shareholders to take a smaller dividend and I'll repay in the interim.

Last year, the " Playing the market - 2011" was down about 5%. Abit busy this year so took a break.

Will try and be posting monthly stocks to watch instead.......

Happy Hunting.

@2012. It would be hard for KCB to convince me to let them invest 'my money' unless they are expanding into Zambia say.

@ Stockmaster there's only one watch we can do and thats watch them goin down...
the index has been weak of late ...but lets see. strange things have happened