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Jubilee: A Compelling Buy, But Wait For A Pullback.

Jubilee has shown a consistent growth in both the top and bottom line over the years, showing superior performance on majority of financial analysis metrics

10:49 am Thursday December 18, 2014 – Rufus Mwanyasi (myStocks Contributors)

Nairobi Securities Exchange (NSE) IPO

The NSE expects to raise a total of KES 627 mn by issuing 66.0m new shares at a price of KES 9.50 per share. Of the total of 66.0m shares on offer, 2.5m will be reserved for employees of the NSE and the remaining 63.5m shares will be available to the public.

10:20 am Friday August 01, 2014 – Cannon Asset Managers (Cannon Asset Managers)

TPS Eastern faces tough headwinds

TPS Eastern Africa Limited posted its group results for the year ending 31st December 2013 which showed a remarkable improvement in profitability. Profits after tax rose by 35.4% to KES 668.5 million from KES 493.5 million due to an ongoing implementation of its diversification policy and strategy that has seen it extend its marketing and sales efforts to non-traditional markets.

1:54 pm Saturday May 24, 2014 – Rufus Mwanyasi (myStocks Contributors)

Transcentury's regional push promises huge returns

Transcentury posted its annual results for the year ending 2013 revealing a tumultuous year that saw its revenues drop 12.6% to KES 11.8 billion from KES 13.5 billion. The investment group notably disposed of its entire 34% shareholding in Kenya-Uganda Railways netting KES 3.88 billion in sale proceeds possibly to be invested in new high growth areas

10:39 am Saturday May 17, 2014 – Rufus Mwanyasi (myStocks Contributors)

Umeme limited private transfer of shares

Umeme took over the distribution system for the distribution and supply of electricity in Uganda from Uganda Electricity Distribution Company Limited (UEDCL) under the Concession for a period of 20 years, commencing 1 March 2005. Under the Concession, Umeme is also required to repair, upgrade, and expand the Distribution System within Uganda

9:42 am Thursday May 08, 2014 – Cannon Asset Managers (Cannon Asset Managers)

Equity Bank Records Impressive Profit Growth

Equity Bank reported its first quarter results for 2014 which showed a 20.8% rise in profits before tax to KES 5.4 billion from KES 4.47 billion recorded in a similar period in 2013 owing to improved lending as a result of drop in lending rates

1:01 pm Monday April 28, 2014 – Rufus Mwanyasi (myStocks Contributors)

No easy walk for Standard Group

The Standard Group announced its results ending 2013 seeing a 33% rise in turnover. Circulation revenue grew by 6%, print advertising recorded a 41% growth and TV advertising revenue grew by 72%. The group managed to record a 13% rise in profits before tax

1:41 am Monday April 14, 2014 – Rufus Mwanyasi (myStocks Contributors)

Tea stocks absorb blow of falling tea prices.

Listed tea companies have faced a tough operating environment in the recent past. Unpredictable weather, uncertain market demand and falling tea prices have significantly affected sales and profitability. Nevertheless their respective market prices have continued to defy the odds to register market beating returns.

1:38 pm Tuesday April 08, 2014 – Rufus Mwanyasi (myStocks Contributors)

Total's Trend Reversal to Profitability

Total Kenya shares jumped 11.96% during last week's trading session to reach KES 25.75 after the oil marketer announced its full year results ending 2013. The results which showed a return to profitability saw the oil marketer post a profit before tax of KES 2.08 billion eventually bringing to an end a two year loss-making streak.

10:55 am Saturday April 05, 2014 – Rufus Mwanyasi (myStocks Contributors)

Kenya Insurance Companies Analysis

Kenya insurance companies have been reporting their 2013 full year earnings. We expected impressive performance from the insurance companies considering a favorable environment in 2013 for good returns in investments especially in equities.

8:55 am Monday March 31, 2014 – Cannon Asset Managers (Cannon Asset Managers)
 

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