ARM Reports Positive First Quarter Results, Plans for a Share Split
Yesterday the company announced an increase in its first quarter results to KES 369 million. This represents a 17% increase in profits for the country’s second largest cement manufacturer by market value. As if in anticipation of this investor demand for the share rose during yesterday’s trading and the share…
Pesa Portfolio – 15 May 2012
The PesaPortfolio. We start off with Mumias, KCB, Housing Finance, Kenya Re, Kengen and Crown Berger.
We belive these stocks are currently undervalued and have potential to increase our portfolio value.
Stocks Investors Should Consider
As an investors or a prospective one choosing the right shares to invest in is a tricky affair. Confusion exists over which stocks to invest in for the short term and which ones to hold for a longer period. Investors also find it difficult partitioning their funds between government securities…
The Danger of Comparing Yourself to Others
A certified financial planner, blogger, CEO and founder of Alliance Wealth Management, LLC gives his views as to why people should simply quit comparing themselves to others. Jeff Rose, who blogs at Good Financial Cents shares his own experience at CrossFit, a strength and…
Stocks Watch – 15 May 2012
A sneak peek into what to watch in today's trading at the NSE
Forex Trail – 15 May 2012
Below is a table of the movements between the Kenya shilling and other major international and regional currencies over the last two trading sessions (Friday 11th May 2012 and Monday 14th May 2012 based on the indicative rates published on the Central Bank of Kenya’s Website): Currency…
An Organic Investment
(This is a guest post by Kahonge, whose blog you can read here. He calls himself a culinary artist, ChefPreneur, and AgroEcologist) Agriculture is an art! I am not talking about the most common agricultural practices. I am talking about organic farming, as an art…the art…
Closing Bell – 14 May 2012
Gainers Price (KES) Change (%) NIC Bank Limited 33.00 4.76 Athi River Mining 204.00 4.08 Total Kenya Limited 15.50 4.03 CFC Insurance Holdings Limited 7.95 3.92 Uchumi Supermarket Limited 15.95 3.57 Losers Price (KES) Change (%) Pan Africa Insurance Holdings Limited 26.75 9.32 Rea Vipingo Plantations Limited 14.50 4.92 Carbacid…
Weekly Bulletin Simplified: Market Cap Hits KES 1.003 trillion
According to the Central Bank of Kenya’s weekly report the interbank rate, the cost at which commercial banks borrow from one another, increased to 16.35 percent during the week ending May 9, 2012 from 15.74 percent in the previous week. The average number of borrowing and lending deals between the…
Deacons to List Shares on the NSE
Merchandise in a Deacons store (Photo: easoko.com) Mega East African fashion retailer Deacons Kenya Limited is set to list its shares on the Nairobi Securities Exchange in July. The lifestyle brand is just waiting from approval from markets regulator Capital…
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