Please wait...5 Reasons why you should buy that REIT instead of that Plot on Thika Highway
Real Estate Investment Trusts (REITs) were supposed to be trading at the Nairobi Securities Exchange (NSE) by now but despite the delays from the Capital Market Authority (CMA) and the NSE themselves one can’t stop drumming up their debut after all its good for one to get acquainted to a product before its use otherwise errors can lead to bad mistakes and bad mistakes can be costly at times, just imagine you losing your entire lifetime savings in a product or an investment you have no clue about? But don’t get worried, REITs are no bullish trade or those high yielding investments scams you see on the internet, actually a REIT is a fantastic product that can diversify and enhance your portfolio returns.
Add a comment Add a commentRead more: 5 Reasons why you should buy that REIT instead of that Plot on Thika Highway
BRITAM FY 2012 Earnings Analysis: The race to diversify
Valuation Update
Summary
|
Bloomberg Quote |
BRIT:KN 1 Year Return: 44.3% |
|
Rating |
Spec Buy |
|
Current Price |
KES8.30 |
|
Target Price |
KES10 |
|
Upside/Downside |
Upside +20.5% |
|
Key Earnings Drivers |
Regional Subsidiaries, New Products and Investment Income |
|
Downside Risks |
Claims and Reinvestment Risk |
A. Introduction
British American Investments Company Kenya otherwise popularly known as BRITAM is a diversified regional financial services group based in Nairobi, Kenya. The company’s key investments include wholly owned asset management and Insurance subsidiaries in Kenya, South Sudan and Uganda. BRITAM also has major strategic stakes in listed financial powerhouse Equity Bank and its associate Housing Finance. On top of its banking holdings, BRITAM has a diversified property portfolio.
Add a comment Add a commentRead more: BRITAM FY 2012 Earnings Analysis: The race to diversify
CFC Stanbic FY 2012 Earnings Analysis: Kenya’s full service bank?
“Full Service is the art of offering a wide range of services related to the basic line of business”
Summary
|
Bloomberg Ticker |
CFCB:KN |
|
Rating |
BUY |
|
Old Target Price New Target Price Current Price |
KES60 KES94 KES64 |
|
Upside |
47% |
|
|
|
|
Key Earning Drivers |
New Products, South Sudan Subsidiary and Net Interest Margin expansion |
|
Downside Risks |
Low credit uptake |
Introduction
CFC Stanbic Holdings (CSH) is Standard Bank of South Africa’s Kenyan subsidiary comprising of two entities:--CFC Stanbic Bank and CFC Financial Services. CSH has operations in Kenya and South Sudan and offers personal and business banking (PBB) and corporate and investment banking (CIB) on top of financial services such as stockbroking.
Add a comment Add a commentRead more: CFC Stanbic FY 2012 Earnings Analysis: Kenya’s full service bank?
Scan Group FY 2012 Earnings Analysis: From Analogue to Digital
Summary
|
Bloomberg Ticker |
|
|
Rating |
Switch/Take Profits |
|
Target Price |
Overvalued |
|
Downside/Upside |
N/A |
|
|
|
|
Key Earning Drivers |
Digital Advertising & New Markets |
|
Downside Risks |
Competition |
Introduction
Scan Group’s or rather just Scan is WPP’s Sub Saharan Africa’s leading integrated advertising and communications services investment vehicle. Scan provides services such as traditional advertising, digital advertising, public relations, experimental marketing and marketing consulting through its numerous subsidiaries spanning across Sub Saharan Africa. Scan under its iconic CEO and top shareholder Mr Bharat Thakrar has buckled up over the last few years by acquiring rival agencies.
Add a comment Add a commentRead more: Scan Group FY 2012 Earnings Analysis: From Analogue to Digital