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Satchu's Rich Wrap-Up
 
 
Thursday 21st of August 2014
 
Morning
Africa

Register and its all Free.

If you are tracking the NSE Do it via RICHLIVE and use Mozilla Firefox
as your Browser.
0930-1500 KENYA TIME
Normal Board - The Whole shebang
Prompt Board Next day settlement
Expert Board All you need re an Individual stock.

The Latest Daily PodCast can be found here on the Front Page of the site
http://www.rich.co.ke

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I thank my Friend from way back when the @Nsekenya was at Nation Centre Nkoregamba Mwebesa @Standardbankgrp
Africa


For the Invitation to speak at @StandardBankGrp's Investor Relations
Conference on the Beach, yesterday.

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Standard Bank holding their Investor Relations Conference on the Beach #Diani Kenya @Standardbankgrp
Africa


I look forward to hosting @Dennis_Makori CEO ONFON Media at #Mindspeak
on the 30th of August

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#Mindspeak 2014 RICH TV
Africa


In 2014, #Mindspeak has hosted Christine @Lagarde @IMFNews, Dr. Titus
Naikuni @KenyaAirways, Charles Ireland EABL @TuskerLager, EAC SG Dr.
@rsezibera, Munir Ahmed National Bank Joshua Oigara @KCBGroup.

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The Indian Ocean South Coast Diani Kenya [yesterday evening]
Africa


Its extremely quiet and walking the grounds in the early evening
reminded of Gedi ruins. a little eerie and lots of monkeys.

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It's especially chilling that Foley's executioner had a British accent @Bloombergview
Law & Politics


At some point these people return home, unless killed or arrested.
They will return brainwashed and brutalized.

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Ebola virus disease update - west Africa @WHO
Law & Politics


Between 17 and 18 August 2014, a total of 221 new cases of Ebola virus
disease (laboratory-confirmed, probable, and suspect cases) as well as
106 deaths were reported from Guinea, Liberia, Nigeria, and Sierra
Leone.

Currently, some companies have taken the decision to suspend services
to the affected countries. This includes airlines and shipping
companies. As a result of these decisions, countries are beginning to
experience supply shortages, including fuel, food, and basic supplies.
WHO is working with the UN World Food Programme to ensure adequate
food and supplies, but calls on companies to make business decisions
based on scientific evidence with regard to the transmission of Ebola
virus.

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The Ebola Virus is non-linear
Law & Politics


Viruses exhibit non-linear and exponential characteristics and the new
"cheek by jowl" living arrangements in so many of our cities surely
present the Ebola virus with optimal conditions.

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Currency Markets at a Glance WSJ
World Currencies


Euro 1.3266
Dollar Index 82.25
Japan Yen 103.80
Swiss Franc 0.9128
Pound 1.6584
Aussie 0.9283
India Rupee 60.737
South Korea Won 1023.54
Brazil Real 2.2623
Egypt Pound 7.1481
South Africa Rand 10.7064

Euro versus the Dollar 3 Month Chart 1.3266

http://quotes.ino.com/charting/index.html?s=FOREX_EURUSD&v=d3&t=c&a=50&w=1

Dollar Index 3 Month Chart INO 82.25 [The Dollar is beginning to
look plain dangerous]

http://quotes.ino.com/charting/index.html?s=NYBOT_DX&v=d3&t=c&a=50&w=1

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South Africa All Share Bloomberg
Africa


Dollar versus Rand 6 Month Chart INO 10.7057

http://quotes.ino.com/charting/index.html?s=FOREX_USDZAR&v=d6&t=c&a=50&w=1

headline consumer inflation slowed to 6.3 percent in July

Egypt Pound versus The Dollar 3 Month Chart INO 7.1481

http://quotes.ino.com/charting/index.html?s=FOREX_USDEGP&v=d3&t=c&a=50&w=1

Egypt EGX30 Bloomberg

http://www.bloomberg.com/quote/CASE:IND

Nigeria All Share Bloomberg

http://www.bloomberg.com/quote/NGSEINDX:IND

Ghana Stock Exchange Composite Index Bloomberg

http://www.bloomberg.com/quote/GGSECI:IND

"Against the backdrop of South Africa growing so badly and the company
having to maintain growth over the next 10 years, our investment
priorities are shifting toward Africa," Chief Executive Officer Whitey
Basson said in a presentation to investors today.

http://www.bloomberg.com/news/2014-08-19/shoprite-full-year-profit-miss-analyst-estimates-as-costs-climb.html

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BRITAM EA reports First Half PAT 2014 +27.25% Earnings here
Kenyan Economy


 Closing Price:           23.50
Total Shares Issued:          1891451850.00
Market Capitalization:        44,449,118,475
EPS:             1.4
PE:                 16.786

First Half Earnings through 30th June 2014 versus through 30th June 2013

First Half Gross earned premiums and fund management Fees 6.025208b
versus 4.669423b +29.042%
First Half Net Earned Premiums 5.441326b versus 4.091845b +32.979%
First Half investment Income 4.647613b versus 3.744591b +24.11537%
First Half Total Revenue 10.242907b versus 7.986244b +28.256%
First Half Total Expenses 7.385814b versus 5.792327b +27.5103%
First Half Profit before Tax 3.009596b versus 2.280325b +31.98%
First Half Profit After Tax 2.746388b versus 2.158341b +27.245%
First Half Earnings Per Share 1.45 versus 1.14 +30.63%
First Half Gains on revaluation of financial assets at Fair Value
through other comprehensive income 3.295442b versus 1.512583b

Company Commentary


''Regional offices contribution grew 54.9% to 262.9m''
Asset Base of 55.2b +28.3%

Conclusions


Strong and muscular earnings but a lot of this is now baked into the Price.

KenolKobil reports First Half PAT 2014 +260.44% Earnings here

http://www.rich.co.ke/rcdata/company.php?i=MzU%3D

Par Value:                  0.50/-
Closing Price:           8.05
Total Shares Issued:          1471761200.00
Market Capitalization:        11,847,677,660
EPS:             0.38
PE:                 21.184

Major energy supplier in the Region.

First Half Earnings through 30th June 2014 versus through June 2013

First Half 2014 Net Sales 43.181308b versus 65.274760b -33.846%
First Half Cost of Sales [40.236593b] versus [62.583407b]
First Half Gross Profit 2.944715b versus 2.691353b
First Half Other Income 383.696m versus 277.735m +38.151%
First Half Administration and Operating Expenses [917.261m] versus
[1.174674b] -21.913%
First Half Profit before Income Tax 795.182m versus 199.086m +299.416%
First Half Profit after Tax 531.168m versus 147.364m +260.44%
Closing Cash and cash equivalents 6.647130b versus 1.104285b

Company Commentary


''This improvement results from the continuation of management's focus
on the 5 major areas mentioned in the 2013 mentioned in the 2013
Annual report, namely, corporate restructuring, financing costs and
operating costs, human resources realignment and risk reduction.''

Gross margins as percentage to sales improved to 6.8% for the period
to June 2014 [4.1% six months through June 2013 and 4.5% for FY
December 2013.

Conclusions


Slashed revenues -33.846% and improved margins to 6.8% from 4.1% in
the comparable period in 2013.
Strong Results.

read more


Kenyan Hotel Occupancy Rates Plunge as Industry Job Losses Mount
Kenyan Economy


Kenyan hotel occupancy rates have plunged to as low as 12 percent
after foreign governments issued advisories against traveling to the
coastal region and the capital, Nairobi, due to concerns about
insecurity.

At least 20 hotels have temporarily closed, leaving an average of 100
workers per site unemployed, said Albert Njeru, secretary-general of
the Kenya Union of Domestic, Hotels, Educational Institutions,
Hospitals and Allied Workers, today.

At this time of the year, hotel occupancy levels typically range
between 70 percent and 80 percent, Njeru said.

"We are calling upon employers to consider re-opening because this is
when the high season begins," he said.

read more




Nakumatt Supermarkets has announced plans to list on the Nairobi Securities Exchange
Kenyan Economy



The retail chain has also said it will sell a 25 per cent stake within
the next six to 12 months to fund growth.

Nakumatt had announced suspension of talks with strategic investors
following the Westgate Mall attack last year that destroyed its most
lucrative branch, but now says it has re-opened negotiations to sell
part of the business.

"It is instructive to note that given that we are now considering to
sell an equity stake (and not strategic investment), the stake in
consideration will be significantly less than 25 per cent," Nakumatt
MD Atul Shah said in a statement.

"We are also progressively putting in place the requisite structures
and systems to facilitate the cross-listing of Nakumatt at the
regional bourses in the next 3-4 years."

Kenya Shilling versus The Dollar Live ForexPros 88.343

http://j.mp/5jDOot

Nairobi All Share Bloomberg

http://www.BLOOMBERG.COM/quote/NSEASI:IND

Nairobi ^NSE20 Bloomberg

http://j.mp/ajuMHJ

Every Listed Share can be interrogated here

http://www.rich.co.ke/rcdata/nsestocks.php

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by Aly Khan Satchu (www.rich.co.ke)
 
 
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August 2014
 
 
 
 
 
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