Pesa Portfolio – 18 May 2012 - Abacus Wealth Management

Pesa Portfolio – 18 May 2012

Below is a look at our Pesa Portfolio after yesterday's trading session at the Nairobi Securities Exchange:

			Price (KES)		Portfolio Value (KES)
Share	Market Segment	Units	Latest	Previous	Current value	Previous value

Mumias Sugar Company	Manufacturing and allied	2,700	5.55	5.50	14,985	14,850
KCB	Banking	1,000	24.50	24.50	24,500	24,500
Housing Finance Company Limited	Banking	1,100	16.20	16.05	17,820	17,655
Kenya Re-Insurance Corporation Limited	Insurance	1,200	13.20	12.45	15,840	14,940
Kengen Limited	Energy and petroleum	1,300	8.60	8.65	11,180	11,245
Crown Berger Limited	Construction and allied	600	25.50	26.00	15,300	15,600

Net value of portfolio					99,625	98,790
Net gain/loss					835

Cash receivable upon immediate sale (less transaction costs)					96,636	95,826

Our holding in Mumias Sugar helped increase our portfolio value with the share closing 5 cents up from the previous day's price. The share contributed KES 135 to the portfolio-value increase. Housing Finance and Kenya Re also closed with improved prices, pushing our portfolio value even higher, the shares contributing KES 165 and KES 900 to the portfolio with their respective 15 cent and 75 cent gains as of the close of the NSE yesterday.

Kengen and Crown Berger both lost value, dropping 5 cents and 50 cents respectively. The 2 shares combined lost the portfolio KES 365. In the end, the portfolio had a net gain of KES 835. We will hold our stocks as they are, hoping the Kengen and Crown Berger shares will rebound and push the portfolio up even further before we consider our stocks after today's closing bell. The portfolio increased 0.838% in value while the NSE had a 1.12% increase (using the NSE-20 share index as a measure) in yesterday's trading.

Email:	hello@abacus.co.ke
Tel:	+254 792 753 774

Pesa Portfolio – 18 May 2012

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