tag:blogger.com,1999:blog-340695592012-02-16T11:58:35.200+03:00Stocks Demystifiedhisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.comBlogger261100tag:blogger.com,1999:blog-34069559.post-55313824002302527512007-04-24T19:01:00.000+03:002007-04-24T19:04:29.586+03:00

Kengen So the government has pulled a fast one on us and decided to pause the kengen secondary offer, citing the non-reflectiveness of the current price on the real share value, and resulting in a maximum share appreciation over today’s trading to Kshs. 25.50. Demand was crazy against almost zero supply. If the government was looking to placing a higher price on the additional 400 mn. shares,

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com5tag:blogger.com,1999:blog-34069559.post-4139647766423098072007-03-22T17:54:00.000+03:002007-03-22T17:58:00.010+03:00

Ok, away from the depressing world of stocks, and on to the fixed income side. Odegle has given us quite some insight on the bonds world and I would love to join him in this discussion. Fixed income securities can best be appreciated under three different concepts; <!--[if !supportLists]--> <!--[endif]-->The duration (term)- long or short term, <!--[if !supportLists]--> <!--[

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com1tag:blogger.com,1999:blog-34069559.post-59558583569313616322007-03-21T18:24:00.000+03:002007-03-21T18:27:01.177+03:00

Ok whats happening to the bizz blog world??? Guys have gone silent! Cold tusker last talked on Tuesday last week, and so did Pesa tu. At least Bankelele and Riba Capital have been more recent. Please don’t let the depressed market keep you that quiet. Whatever you are going through, so are we and many others. It’s a depressing state, but don’t worsen it by going off. I feel your pain, but

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com6tag:blogger.com,1999:blog-34069559.post-78616579969770462292007-03-17T15:03:00.000+03:002007-03-17T15:06:58.481+03:00

With the bourse struggling from the damaging publicity wrought by the FT exposure and consequent - not so good - tales of brokers and market loophole, nothing the listed companies do seems to be touching a sensitive nerve on the investor. Not the share splits, generous dividends, bonus, nor strong profit growth appear to be pushing any correct buttons.The market seems to have completely succumbed

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com3tag:blogger.com,1999:blog-34069559.post-2807718641460306542007-02-20T18:30:00.000+03:002007-02-20T18:35:14.787+03:00

Results have started trickling into the bourse and impacting on price movements. Mumias for instance saw its price slump to Kshs. 36 after the half-year results reflected a declined performance to a profit of Kshs. 184 mn, 53% below the Kshs. 391 mn. realized over a similar period over the previous year. This was attributed to a myriad of problems raging from “acts of God”, to sugar prices, and

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com2tag:blogger.com,1999:blog-34069559.post-1171014037213529542007-02-09T12:37:00.000+03:002007-02-09T12:40:37.226+03:00

Some investor placed a purchase order at a ‘best market’ price. The order went to the market, and was executed at a price of Kshs. 900, for a share that, at the close of the previous day, was at Kshs. 168. The share-price closed at Kshs. 368 on that day, remained dormant for a few days, and has edged downwards since then.In this era of ATS (Automated Trading System), a market order can be

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com3tag:blogger.com,1999:blog-34069559.post-1170951325817207442007-02-08T19:13:00.000+03:002007-02-08T19:16:53.213+03:00

Might the gods have found favor in us and be smiling down at us again?? If am not wrong, I see a picking market. Index up for the last two days, prices picking albeit gradually, might we be out of the woods or is it too early to celebrate?? Out of 44 active counters, 27 were up and only 12 declined, while 5 were unchanged. Boy! Does it feel good to be writing about more gaining counters that

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com0tag:blogger.com,1999:blog-34069559.post-1170688120451142202007-02-05T18:05:00.000+03:002007-02-05T18:30:32.666+03:00

The bottom has really give way!!!! Just when I think prices can’t go any lower, Surprise Surprise!!!! They shed another few points. Just today, out of 43 active counters, only 11 realized advances, while 28 edging downwards.Kenya Airways which had hit a low of 100 on Friday aced up Kshs. 2 to close at 102, while Housing Finance which has recently brought to public attention its plans to raise

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com2tag:blogger.com,1999:blog-34069559.post-1169711464808069972007-01-25T10:47:00.000+03:002007-01-25T10:51:04.820+03:00

With Vodaphone, a part owner of Safaricom, having given their go-ahead for the government to borrow funds using its 60% holding in Safaricom via Telcom, the government can now embark on some much needed restructuring ahead of its privatization which the government targets for before the end of the year.The government plans to repay the loan by the close of the year using funds raised from the

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com2tag:blogger.com,1999:blog-34069559.post-1169186090698834192007-01-19T08:53:00.000+03:002007-01-19T09:04:16.920+03:00

The 5 weeked January seems to have taken toll on investors as they started locking on their profits from the close of last week. A Prices number of counters that had gained significantly from have shed gradually over this week. Many of those locking in their profits must be smiling all the way to the bank as they reconcile their gains over as short a period as 3 weeks.Focus is also shifting from

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com2tag:blogger.com,1999:blog-34069559.post-1167802084034201852007-01-03T08:24:00.000+03:002007-01-03T08:28:04.046+03:00

Festive season now over and as we usher in the new year, prices on the market are stepping up their pace with strong gains as investors take up positions ahead of the end year result releases expected to start trickling into the bourse in February. ICDC Investments realized the highest climb, up Kshs. 28 to close the day at Kshs. 353 after having declined to a Kshs. 320 low at the close of last

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com3tag:blogger.com,1999:blog-34069559.post-1166077978211899062006-12-14T08:51:00.000+03:002006-12-14T09:32:58.223+03:00

Another dismal allocation for Eveready applicants as investors are forced to settle for less than 20% of share application following the offer oversubscription. It is now becoming a disappointment to eager subscribers who have to brace the never-ending queues to put in their applications, only to have a larger part of their forwarded funds returned. The allocation gets smaller and smaller with

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com3tag:blogger.com,1999:blog-34069559.post-1165300367608590212006-12-05T09:06:00.001+03:002006-12-11T17:44:57.206+03:00

Every company listed on the Stock Exchange had to go through an initial public offer which essentially is the offering of company shares to the public. At the point of incorporation of any company, the owners have to assign a nominal value to their company which states the number of shares and the value of the shares. These are the shares that are then offered to the public at IPO point.Companies

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com1tag:blogger.com,1999:blog-34069559.post-1164640319094445942006-11-27T18:08:00.000+03:002006-11-30T17:18:04.603+03:00

As the dust settles on the Eveready IPO, anticipation for the forthcoming Mumias Sugar shares public offer has gripped the market. The government is releasing a further 18% to the public, translating to 91.8 mn. Shares. With the opening of the offer only a week away, and the price set at slightly below Kshs. S0 Investors are now going back to the drawing board to establish strategies to finance

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com1tag:blogger.com,1999:blog-34069559.post-1162224053276257692006-10-30T18:58:00.000+03:002006-10-30T19:00:53.290+03:00

The market closed 71.25 points higher riding on strong price leaps on a number of blue chip counters. Kenya Power stole the show as a surge in demand pushed the price to a Kshs. 262. Nation Media aced up Kshs. 16 to close Kshs. 3.00 shy of its Kshs. 258 12 month high. CMC Holdings hit a new 12 month high of Kshs 236, 12 shillings above Friday’s Kshs. 124 close. Sasini Tea, which has captured

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com1tag:blogger.com,1999:blog-34069559.post-1161782153104488252006-10-25T16:08:00.000+03:002006-10-25T17:15:59.133+03:00

The last two weeks have been relatively hectic as the bourse received news, releases and information left right and centre despite having hosted two holidays. ICDC unveiled plans for a 10 to 1 shares split barely 2 months after the dust on E.A. cables split settled. The company had just released their year end results reflecting an 86% appreciation in pre tax profits to Kshs. 696mn up from the

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com5tag:blogger.com,1999:blog-34069559.post-1160818426385821562006-10-14T12:31:00.000+03:002006-10-25T16:22:03.283+03:00

A generally losing week on the bourse evidenced by the large number of declines. 47% of the active counters adjusted back while 29% appreciated. Kenya Oil captured the largest slide, down Kshs. 13 to close the week at Kshs. 107. Kenya Power shed Kshs. 12 to close at Kshs 259 while ICDC and NMG both closed the week Kshs. 9.00 below the previous week’s close at Kshs. 335 and 230

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com1tag:blogger.com,1999:blog-34069559.post-1160211062870354862006-10-07T11:48:00.000+03:002006-10-25T16:24:14.863+03:00

Another week over with the bourse having captured strong gainers but more loosers. Liquidity is still quite high in the market as investors wait for slight slips and quickly take positions while those that already have positions are holding on and not letting go with the anticipation of further price appreciations.Kenya Oil, which had nosedived to a Kshs. 100 low bounced back to close the week at

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com0tag:blogger.com,1999:blog-34069559.post-1159967348592537472006-10-04T16:07:00.000+03:002006-10-25T16:37:09.936+03:00

A number of market players feel that the bourse does not follow company fundamentals and instead is driven largely by speculation. While this may be the case during bull runs, investing in fundamentals always comes through when the bear takes control.Company fundamentals are reported through ratios calculated from a company’s income statement and balance sheet. The ratios mainly capture the

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com1tag:blogger.com,1999:blog-34069559.post-1159539241136241362006-09-29T17:11:00.000+03:002006-10-05T17:24:43.903+03:00

One main question that investors the world over would appreciate a simple straightforward answer to is; “How do I know what to go for and when”. Unfortunately, there is no clear-cut answer to this question. Brokers usually have a list of recommend shares ranked under a time or risk continuum. This is normally quite general. The decision on the shares to invest in should take into consideration a

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com0tag:blogger.com,1999:blog-34069559.post-1159189567688025192006-09-25T16:03:00.000+03:002006-10-05T17:26:52.780+03:00

Investors usually ask about a possible trend in the market that could assist them identify market low points at which to put in their funds in the market, and market highs where they can then exit with maximum gains. While the market doesn’t always follow expected market trends, identifying the main factors behind significant price movements could give a certain indication of possible market

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com2tag:blogger.com,1999:blog-34069559.post-1158838922786010692006-09-21T14:33:00.000+03:002006-10-05T17:28:52.346+03:00

A large number of potential investors shy away from the market citing that it is just too complicated for their comfort. Many are completely lost as the news anchor gives an update of the day’s market performance using words that sound somewhat complex for the lay man.The Stock market is however just like any other market but with the commodity on sale as shareholding in listed companies. It has

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com2tag:blogger.com,1999:blog-34069559.post-1158568939605412322006-09-18T11:39:00.000+03:002006-10-05T17:30:10.040+03:00

Every operational environment develops some unwritten rules that work along side the formally written rules to assist in smoothing out performance. Over time, market players have also developed some informal ‘dos’ and ‘donts’ to help facilitate the growth of their portfolios. While these rules may not have similar results in different circumstances, a number of practices should be avoided in

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com5tag:blogger.com,1999:blog-34069559.post-1158236254750977602006-09-14T15:12:00.000+03:002006-10-05T17:31:03.536+03:00

Just like in any other venture, especially one that involves money, it is only wise to have a strategy that enhances your chances to see your funds grow. Whenever you invest funds, you are delaying immediate consumption of the funds with the hope that at the point where you will choose to redeem the invested funds, they will be worth much higher than it was at investment point.In order to

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com0tag:blogger.com,1999:blog-34069559.post-1158068688084712492006-09-12T16:40:00.000+03:002006-10-05T17:32:50.636+03:00

I have been in the Kenyan shares investment industry for a number of years within which I witnessed some investors gain immensely, others loose and some maintain a stagnant value. Stock markets the world over offer investors a chance to grow their funds, but also expose investors to some level of risk.The recent roll-out of IPOs on the Exchange and the current bull run have left investors, new to

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com0tag:blogger.com,1999:blog-34069559.post-1157871898318639452006-09-10T10:03:00.000+03:002006-09-10T21:29:49.573+03:00

I have been toying with the idea of using the blog channel as a forum to share information with fellow Kenyans and other interested parties both within the country and in the diaspora.While I do not consider myself a guru on the investment arena, I do feel that my market participation in various capacities has exposed me to some value adding market insight.Information will be largely skewed

hisagalhttp://www.blogger.com/profile/11718623225237184364noreply@blogger.com2