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NCBA Group PLC – Post-Offer (Nedbank) Trading Analysis
Target price = KSh 105.00 NCBA Group PLC is the target of a partial takeover by South Africa’s Nedbank. On 4 May 2026 NCBA confirmed that Nedbank will acquire ~66% of NCBA via a pro-rata tender offer. The offer consideration is KSh 105 per share (gross) – split into 4.02994 Nedbank shares plus KSh 2,100 cash for each 100 NCBA shares. Shareholders entitled to fewer than 200 Nedbank shares (i.e. small retail holders) will receive the full consideration in cash (KSh 10,500 per 1
May 77 min read


Why Every Beginner Trader Needs a Personal Rulebook
Trading equities without a plan isn’t investing – it’s gambling with your emotions in the driver’s seat. Here’s how to create your own set of rules for entry, exit, position size, and valuation, and why sticking to them is the smartest thing a new trader can do. You’ve opened a brokerage account, read a few articles, and maybe even bought your first shares. The excitement is real. But there’s a point where every beginner trader hits the same wall: when do I actually buy? When
May 210 min read


CARBACID INVESTMENTS PLC (CARB): MEDIUM-TERM TRADE ANALYSIS
Target price = Ksh 32.65 Carbacid is a niche industrial-gas and investment holding company. Its core earnings come from CO₂ gas sales (Kenyan and regional markets) and financial income (deposits, bonds, equity dividends). In FY2025 Carbacid reported KSh 1,002.9m PAT (EPS 3.94), up 18.9%. Revenue was KSh 2.100b, +1.6%, with gross margin rising to 65% (from 59%) due to new capacity and solar investments. Other income (~KSh 322.5m) was mostly interest on cash/bonds, while a KSh
Apr 2813 min read


Investment Analysis: KenyaReinsurance Corporation (Kenya Re) – 1-YearOutlook
Target price = Ksh 3.40 Kenya Reinsurance (NSE: KNRE) is a state-dominated reinsurer with a mixed recent record. It posted KSh3.92 bn profit in FY2025 (down 11.6% yoy) on KSh17.07 bn revenue. A collapse in underwriting result (insurance profit only KSh108 m in 2025 vs KSh2,949 m in 2024) offset a jump in investment income (KSh6.60 bn in 2025, aided by lower FX losses). On a 1–5 year view, KNRE’s book value and dividends (it pays ~KSh0.15 per share annually) drive most of the
Apr 2810 min read


Mastering Stock Trading: Key Strategies for Success
Stock trading can be an exhilarating yet daunting venture. With the potential for high rewards comes the risk of significant losses. Many aspiring traders find themselves overwhelmed by the complexities of the market. However, mastering stock trading is achievable with the right strategies and mindset. In this post, we will explore essential strategies that can help you navigate the stock market successfully. Eye-level view of a stock market trading screen displaying various
Apr 283 min read
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