MediaCorp is now an Agent of Faida Securities. This will give us an opportunity to test our locally developed online trading tools besides the research we provide. ---------- Forwarded message ---------- From: Stock Detective <stock.detective@mediacorp.co.ke> Date: Oct 22, 2007 1:16 AM Subject: Week42 - Nairobi Stock Exchange To: mediacorp.research@mediacorp.co.ke (c) *Nairobi** Stock Exchange – Authorised Information Vendor ** Faida Securities - ** Licensed Agent * * 19th October 2007* *Commercial and Services Sector* *1) EQUITIES* The Chairman of NSE, Jimnah Mbaru is convinced that the index graph below will tear to the roof top by next year to the level of 7,000 points. MediaCorp Stock Detectives feel that this statement holds water especially because of the Safaricom IPO effect in the market. Whether it comes this year or next year, the savvy investor should continue preparing for the same. The Attorney General has given the legal green light and Treasury mandarins have rolled up their sleeves and signed the winning bids into contract. Achieving 1,800 index points in the next year is therefore possible as the Chairman projects. The NSE 20-share index was up 5.98% during the week to close at 5175.80points. Capitalization is also picking up now. * MAIN INVESTMENT MARKET SEGMENT (MIMS)* *Agricultural Sector* Nothing much to report in this sector. We were really hoping to see more of branded Sasini tea and coffee retailing in kiosks and supermarkets but it seems it is really not kicking for this sector though supply is poor in the market. Company reports in this sector cited rains and other 'acts' of God in determining profitability but we need to push these companies to show us the money in terms of branded products up for sale. If Kenyan Coffee is used to blend and improve other brands, why is this sector slow and disappointing to investors? We traded 395,000 shares, which accounted for 0.76% of the week's traded volume. Rea-vipingo up 7.90% to shs.19.80 moved 75,000 shares. Sasini Ltd moved 269,000 shares at between shs.14.00 and shs.17.00 * Commercial and Services Sector* Interesting sector this week as all counters had an increase in share price. Scangroup up Kshs 2 after announcing its partnership with Millward Brown. Our detectives went deep into google to rake more information for you. We discovered Milward is internationally recognised in brand, media and communications research. Millward has a presence in 43 countries and works with 70 of the top 100 brands in the world. Its time they helped Sasini out. We had 9.7M shares traded, which accounted for 18.66% of the week's traded volume. CMC Holdings competitively moved 4M shares at between shs.15.00 and shs.16.50. Nation Media Group up ten shillings to shs.290.00 sold 75,000 shares. AccessKenya moved 2.4M shares at between shs.16.50 and shs18.90. * Financial Sector* The latest entry in this sector was in the news again. Parliament cleared Equity Bank of any anomalies in their business and as if to rub salt into the wound, the bank reported a cool after tax profit growing by 126 per cent to Sh1.2 billion to September on double digit growth in income from loans and transaction fees, mainly from increased ATM usage. Financials had 26M shares traded and represented 49.86% of the weeks traded volume. Equity share gained Kshs 16 this week CFC is the other interesting case. Shares here are in demand and the counter closed up Kshs 10 at Kshs 131. The shareholding structure has been complex but the bottom line is that the South Africans want a piece of the financial sector in Kenya. So go ahead and buy low and sell high to them at a tidy profit. KCB was the week's biggest mover, with 9.9M shares changing hands at between shs.24.00 and shs.27.00. NIC Bank was up 18.06% to close the week at shs.170.00 on a volume of 217,000 shares. Kenya Re moved 8.2M shares at between shs.15.25 and shs.16.00. * Industrial and Allied Sector* In this sector, Bamburi Cement announced it will spend kshs 6.7 Billion to expand its subsidiary in Hima Cement in Western Uganda and double the plant's capacity. The economy is indeed growing because we are not satisfying the demand. The Jomo Kenyatta International Airport expansion programme is actually being slowed due to lack of timely cement delivery. The economy is growing and and any company doing cem,ent is making money. You are safe with any of these stocks. This sector had 12.8M shares, which accounted for 24.58% of the week's traded volume. Mumias Sugar was the most heavily traded counter in this sector, with 6.8M shares dealt at between shs.38.50 and shs.45.00. KenGen up 8.82% to shs.27.75 moved 3M shares. A*LTERNATIVE INVESTMENT MARKET SEGMENT (AIMS).* This market segment had 154,000 shares, which accounted for 0.29% of the week's volume. Express Ltd moved 148,000 shares during the week and closed at shs.23.00. A*NNOUNCEMENT Mediacorp is now a licensed agent of Faida Securities Limited. Besides the in-depth analysis of the market, we will also transact your orders with speed and diligence. For more details, please email us. info@mediacorp.co.ke * Bildad Kagai MD - MediaCorp Limited Faida Securities Limited - Licensed Agent Nairobi Stock Exchange Authorised Information Vendor Suite B2, Tetu Apartments, State House Avenue P. O. Box 20311 - 00200 Nairobi, Kenya Tel. 254 20 272 8332 Fax. Rendered Obsolete www.mediacorp.co.ke <http://www.mediacorpafrica.com>
