Rank: Member Joined: 9/16/2006 Posts: 228
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liberty holdings East and Southern Africa (outside of South Africa) generated profit of R69 million (2011: R21 million) for the reporting period. Investment markets in the East Africa region contributed a high proportion of the increase in earnings “I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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uchumi wrote:liberty holdings
East and Southern Africa (outside of South Africa) generated profit of R69 million (2011: R21 million) for the reporting period. Investment
markets in the East Africa region contributed a high proportion of the increase in earnings What was the contribution of CFCI to the R69 Million?
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Rank: Member Joined: 9/16/2006 Posts: 228
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compare the 2011 fiqure of contribution i.e r21m and the eaning per share was 1.84 .we might get an eps of about 3.00. “I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
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Rank: Member Joined: 9/16/2006 Posts: 228
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share to watch.my target is 12 “I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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uchumi wrote:compare the 2011 fiqure of contribution i.e r21m and the eaning per share was 1.84 .we might get an eps of about 3.00.
The 1.84 eps was insurance biz only. Do u think insurance profits have grown that much this year? Thats what can give such an eps. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Aguytrying wrote:uchumi wrote:compare the 2011 fiqure of contribution i.e r21m and the eaning per share was 1.84 .we might get an eps of about 3.00.
The 1.84 eps was insurance biz only. Do u think insurance profits have grown that much this year? Thats what can give such an eps. @Aguy, the 1.84 eps also included included "investment income" and "other income" which were a significant amount of KES 1.668B. Fair value changes on financial assets at FVTPL are passed through this two items. Not forgetting Profit on disposal of property and equipment is also passed through this items. Am however not justifying @uchumi projections because there are so many variables that contributed to the r21m. Notice that Liberty Africa which contributed the r21m comprises of 2 regions - 6 countries {(1) Southern region = Botswana, Swaziland, Lesotho and Namibia. (2) Eastern region = Kenya, Tanzania and Uganda.}
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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... Has CFCI issued a public notice on FY 12 profit like they did last year just before Liberty Holding released their FY 11 results. Last year, this public notice provided some guidance >>> www.nse.co.ke/media-cent...untary-trading-statement
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@mwekezaji. Please counter check. Investment income for 2011 was a big loss. While insurance biz was a profit of over a billion and that's what gave 1.84eps. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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@Aguy, have a look at the 5th and 7th items in the consolidated income statement H1 2012 Results >>> LinkFY 2011 Results >>> LinkNotice there is a difference between the following: 1. Fair Value Through Profit or Loss (FVTPL)- This is what am referring to2. Fair Value Through Other Comprehensive Income (FVTOCI) This is what you are referring to
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mwekez@ji wrote:@Aguy, have a look at the 5th and 7th items in the consolidated income statement H1 2012 Results >>> LinkFY 2011 Results >>> LinkNotice there is a difference between the following: 1. Fair Value Through Profit or Loss (FVTPL)- This is what am referring to2. Fair Value Through Other Comprehensive Income (FVTOCI) This is what you are referring to Thanks. i See it now. This item "Loss/gain on fair valuation of available for sale finacial assets(in H1 investment). It has flactuated alot, could these be bonds, stocks, derivatives? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Aguytrying wrote:mwekez@ji wrote:@Aguy, have a look at the 5th and 7th items in the consolidated income statement H1 2012 Results >>> LinkFY 2011 Results >>> LinkNotice there is a difference between the following: 1. Fair Value Through Profit or Loss (FVTPL)- This is what am referring to2. Fair Value Through Other Comprehensive Income (FVTOCI) This is what you are referring to Thanks. i See it now. This item "Loss/gain on fair valuation of available for sale finacial assets(in H1 investment). It has flactuated alot, could these be bonds, stocks, derivatives? @the deal got a hard copy of the detailed annual report. him and others who got it can tell the details of these numbers
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@aguy - see what happens when you don't awaken the sleepers  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: New-farer Joined: 5/11/2011 Posts: 48
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where to? can't decide whether to hold or sell, seeing as my target was 10 bob! anyone? 
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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eggnest wrote:where to? can't decide whether to hold or sell, seeing as my target was 10 bob! anyone? My advice: SELL just b4 dvdd closer The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 2/22/2010 Posts: 510 Location: De egg
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jerry wrote:eggnest wrote:where to? can't decide whether to hold or sell, seeing as my target was 10 bob! anyone? My advice: SELL just b4 dvdd closer when is the book closure for dvds Peace be with you
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Rank: New-farer Joined: 5/11/2011 Posts: 48
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maligumu wrote:jerry wrote:eggnest wrote:where to? can't decide whether to hold or sell, seeing as my target was 10 bob! anyone? My advice: SELL just b4 dvdd closer when is the book closure for dvds thanks Jerry, maligumu;subject to approval last I checked...
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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eggnest wrote:maligumu wrote:jerry wrote:eggnest wrote:where to? can't decide whether to hold or sell, seeing as my target was 10 bob! anyone? My advice: SELL just b4 dvdd closer when is the book closure for dvds thanks Jerry, maligumu;subject to approval last I checked... ... Not yet. If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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In bullish markets books close have no major impact on price and if it happens,its just a day or two and it recovers e.g equity closed books.where is it?..i intend to sell cfci after 1H Results which i assume will be good banking on political risk covers. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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Supply at 14 being swept like a burukenge. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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mlennyma wrote:Supply at 14 being swept like a burukenge. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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